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   2113

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.

UnitedCorp to File Lawsuit Due to "BCH Manipulations"

Suit is filed against Roger Ver, Kraken and Bitmain
07 December 2018   148

The technology company United American Corp (UnitedCorp) sued Bitmain, Kraken, Bitcoin.com, Roger Ver, and others involved in a “well-planned scheme to take control of the Bitcoin Cash network.” This is reported on the website of the corporation.

Representatives of UnitedCorp argue that the actions of the defendants caused the "global capitalization meltdown of the Bitcoin Cash." These actions, the company believes, were aimed at enriching the above market participants to the detriment of others.

The company’s website also contains a diagram of the actions of the above market participants:

Bitcoin Cash Manipulation Scheme by UnitedCorp
Bitcoin Cash Manipulation Scheme by UnitedCorp

The events described are related to the recent hardfork of Bitcoin Cash, as a result of which the network of this cryptocurrency split into two competing chains. After hardfork, according to UnitedCorp, the companies and individuals in the lawsuit took control of Bitcoin Cash.

We are bringing this suit on behalf of UnitedCorp because we believe strongly in the value and integrity of democratic, distributed and decentralized blockchain networks which will become more important with time. In order to maintain confidence in cryptocurrencies such as Bitcoin Cash, no person or entity can be allowed to control them.
 

Benoit Laliberte

President, UnitedCorp

At the same time, the company is convinced that these actions were aimed at centralizing the BCH network. Also, UnitedCorp claims that on November 20, the Bitcoin ABC development team introduced the “poison pill” into the blockchain. It was presented as “Deep Reorg Prevention”. These actions, confident in the company, were, in fact, aimed at strengthening control over the network and its future updates.

UnitedCorp requires a court order prohibiting defendants from engaging in future activities that harm the Bitcoin Cash network. In addition, the company intends to receive compensation for damages, the amount of which will be established in court.

It should be noted that Bitcoin SV, a cryptoactive asset that emerged as a result of hard forks, came in fifth in the CoinMarketCap market capitalization rating.

The rate of Bitcoin SV is growing despite the general decline in the market. Over the past 24 hours, the price of BSV has increased by 21%, and the asset capitalization has approached $ 2 billion.

At the same time, the main competitor of BSV - Bitcoin Cash - has fallen by 16.5% in the last 24 hours, having consolidated on the 7th line of the rating.