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Cryptopia’s new update on funds, TRX Dapp Weekly Report, and more

Ketaki Dixit

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Cryptopia's new update on funds, TRX Dapp Weekly Report, and more

Crypto News – 18th March – Cryptopia’s new update on funds, TRX Dapp Weekly Report, and more

Don’t forget to follow us for the daily video#CryptoNews #cryptocurrency@Cryptopia_NZ #TRON #GamblingDApps #ROI #cryptopia pic.twitter.com/C0HjziM3Do

Daily Crypto News – 18th March 

Coincheck to sell its BSV holding: Coincheck announced that they will be selling the BSV generated via the hard fork. Eligible users holding BSV in their accounts will be reimbursed with Japanese Yen.

Read more at https://bit.ly/2HDmynH

Tron [TRX] Weekly Report: The Justin Sun led company revealed that a wallet feature for anonymous transactions was being developed, along with sidechain infrastructure for smart contracts.

Read more at https://bit.ly/2TKy8od

Winklevoss twins on Gemini’s future: Cameron Winklevoss, the Bitcoin billionaire twin, stated that Gemini “would be as successful as Amazon in ten years”. Taylor Winklevoss considered Facebook’s entry into the cryptocurrency space “cool”.

Read more at https://bit.ly/2ubJxOK

Block.one CEO on Bitcoin replacing gold: Brendan Blumer recently stated that Bitcoin will eventually replace gold as the leading store in value commodity.

Read more at https://bit.ly/2UIkXAH

Tim Draper on shift from fiat to crypto: The Bitcoin bull suggested that a flip from fiat currency to Bitcoin and other cryptocurrencies will take place in a couple of years. He also said that the Government would eventually have to give up control and be the service provider.

Read more at https://bit.ly/2CsLKd4



Antonopoulos on China launching 51% attack: Andreas M. Antonopoulos, explained why the Chinese government couldn’t launch a successful 51% attack on the Bitcoin blockchain.

Read more at https://bit.ly/2FlUELA





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Ketaki Dixit is a Journalism major from Jain University. She has about 1-year experience in the field and is passionate about blockchain technology and the cryptocurrency world.

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Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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