Roger Ver: Bitcoin Cash is the real Bitcoin

The early Bitcoin investor declares that the futute of Bitcoin belongs to Bitcoin Cash
20 November 2017   2724

Roger Ver, the early investor in Bitcoin related startups who has always been a prominent supporter of Bitcoin adoption and saw Bitcoin as a means to promote economic freedom, now started to promote Bitcoin Cash. This was stated in a series of tweets in his official twitter account.

In the interview with Bloomberg Roger Ver explained that he considered Bitcoin Cash to be the future of Bitcoin when it was traded at the price of only $450 each. He claimed that he is a much bigger fan of Bitcoin Cash as BTH became the third biggest cryptocurrency in the entire ecosystem after 5 weeks. He also states that Bitcoin Cash is the most useful currency as it has a limited supply which can be moved much faster and cheaper.

Currently a daily Bitcoin Cash has a trading volume of over half and a circulating supply higher in comparison with Bitcoin. It's price showed crazy fluctuations recently and  the crypto community is beginning to pay closer attention to Bitcoin Cash.

Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.
 

Roger Ver
Bitcoin investor

At the time of press, the price of Bitcoin Cash is $1195 which is lower than the price it had only two days ago, being traded at $1388on November 18. The market capitalisation of the coin is $20 billion.

Bitcoin cash charts november 2017Bitcoin Cash charts

Bitcoin Cash is also largely supported by a number of trading platforms, wallets and exchanges including Blockchain Wallet, Bitfinex, Bittrex, Poloniex, Trade Satoshi and Bitstamp.

Dutch Authorities to Shut Down Bestmixer

The service is accused of launder over $200M worth crypto with coin "mixing" - spliting the amount and mixing it with other coins from different sources
23 May 2019   260

The Bitcoin mixing service Bestmixer was forced to cease operations after a nearly one-year investigation of money laundering charges. It is reported by Bleeping Computer.

Like other similar services, Bestmixer.io split the amount in bitcoins into smaller transactions and mixed them with transactions from other sources in order to hide their origin, and then transfers the entire amount minus the commission to the final address.

It also offered similar services with Litecoin and Bitcoin Cash.

The investigation believes that service customers could launder money through cryptocurrency.

Bestmixer offered a very clear page on why someone should mix their cryptocurrency. On this page Bestmixer described the current anti-money laundering policies and how its service could help evade these policies by making funds anonymous and untraceable. Offering such a service is considered illegal in many countries.
 

John Fokker

Head of Cyber Investigations, McAfee

Bestmixer was opened in May 2018. For the year of its existence, its turnover amounted to about 27,000 BTC (approximately $ 200 million). Fiscal Information and Investigation Service claims that a significant part of the funds passed through the mixer was obtained as a result of conducting illegal activities or was used to finance criminal gangs.

Policemen confiscated a domain and six servers in Luxembourg and the Netherlands. In addition, they got access to all transactions carried out using the service, cryptocurrency and IP-addresses, as well as messages from the chat. This information is currently transmitted to Europol.