The sharp price fluctuations Bitcoin Cash has experienced during its first month make the digital currency's future look uncertain. Tim Enneking, managing director of Crypto Asset Management, stated that Bitcoin Cash's price volatility "has been crazy since its introduction, precisely because no one knows what it's really worth." Sharp VolatilityBitcoin Cash's price nearly doubled within its first 24 hours, surging from roughly $394 to $757, according to figures provided by CoinMarketCap. Cryptocurrency trader Marius Rupsys, for example, described Bitcoin Cash's future as being "less certain" than that of its digital sibling Bitcoin. Great PotentialHowever, other analysts took a different tack, emphasizing that Bitcoin Cash is still quite young and has great potential.

Source: Forbes August 30, 2017 19:18 UTC