Connect with us

Bitcoin Cash

Roger Ver gives his thoughts on Bitcoin Cash [BCH] and the fork

Rajath Kumar

Published

on

Roger Ver gives his thoughts on Bitcoin Cash and the fork
Sources: Flickr

Roger Ver gives his thoughts on Bitcoin Cash and its fork in a news interview with CNBC’s Fast Money. He is very positive on Bitcoin Cash and predicts that the coin will hold a value which is as high as Bitcoin’s.

Roger Ver is a well-known cryptocurrency investor. He is one of the first people to invest in Bitcoin and is known for his site Bitcoin.com. He has high hopes for cryptocurrency and believes that it will become the future of currency.

In the interview, Roger is questioned about the Fork to Bitcoin Cash. He comments that it was an upgrade to BCH resulting in increasing the number of transactions for the coin. The main reason for the upgrade was to make the coin more accessible to investors. The upgrade makes BCH’s transactions speed 30 times greater than Bitcoin’s.

He also says that BCH has more utility and can be used as money in various countries. Countries like Bangkok accept BCH for food, coffee, and other things. He also advises business startups to start using Bitcoin Cash.

The interviewer then proceeds to question the liquidity of Bitcoin Cash and how would it rise in value. Roger then replies that BCH has a higher market cap than what Bitcoin did a year ago and hence shows a bullish sign. He also says that companies are coming up with new innovations based on Bitcoin Cash and not Bitcoin.

He then proceeds to criticize Bitcoin saying that it is slow and unreliable. He praises the developers of BCH saying that they work hard to make BCH successful, as they follow the same path which made BTC successful.

Roger Ver says:

“I am very bullish on Bitcoin Cash, just like I was when I was the very first investor of Bitcoin in 2011.”

Another interviewer asks whether Bitcoin Cash can be used in day to day life like in America just like it is in Thailand. Roger replies by stating that companies like Coinbase are already using BCH to accept payments with Bitpay as the payment processor to accept payments.

He says the reason why BCH is more popular is that it can be stored and be spent as cash, something the top cryptocurrencies lack.

When asked to give his thoughts on BCH surpassing BTC, Roger says a lot of people are already lobbying BCH and he witnessed an exchange which supported BCH. He says BCH is growing fast and furiously.

He gives an example of how BCH surpasses BTC stating that he received his first Bitcoin on a site called Bitcoin Faucet, but now it is not possible. It is possible to receive $0.15 worth BCH on a site called free.bitcoin.com. He predicts Bitcoin will be 10 to 20 times higher than the current value and BCH will be 2 times more value in a year.

Roger Ver says:

“All of the new innovation is taking place on Bitcoin Cash, it’s no longer taking place on Bitcoin.”

Behc39 a Twitter user says:

“1. Who is that idiot (besides Roger) saying Bitcoin Core? 2. Roger assumes she will call it an HF so he sticks to his canned response saying it was an upgrade, even though she used the term upgrade. 3. Doesn’t answer the question why bcash is down over 7% into the HF.”

loading…




Follow us on Telegram | Twitter | Facebook



Rajath Kumar is an intern at AMBCrypto. He became aware of the crypto-world through gaming and has been a part of it for two years now. Rajath does not hold any value in any cryptocurrencies or its projects.

Continue Reading
2 Comments

2 Comments

  1. Eric Cavizo

    May 16, 2018 at 9:50 PM

    ‘He predicts Bitcoin will be 10 to 20 times higher than the current value and BCH will be 2 times more value in a year.’
    he said: 10,20 or 30%,…..
    kind of a BIG mistake….J/S….

  2. Zacalicious

    May 17, 2018 at 4:50 AM

    He’s probably right.
    The original branch of bitcoin was being spammed into unusability and held only store of value instead of the full transactional capacity and store of value.
    Without the BCH upgrade Bitcoin would have been relegated to to the role of a speculative commodity.
    It’s good to see Bitcoin Cash carry on the Bitcoin tradition.

Leave a Reply

Your email address will not be published. Required fields are marked *

Bitcoin

Deutsche Boerse adopts Bitcoin [BTC] even with the volatile market

Arjun B

Published

on

By

Jeffrey Tessler of Deutsche Boerse adopts Bitcoin even after the volatile market
Source: Pixnio

The Chief Executive Officer of Clearstream and a member of the Executive Board of Deutsche Boerse, Jeffrey Tessler contemplates on offering cryptocurrency products. The executive board member of the German company which provides services for derivative markets and equity trading, in an event on Wednesday, talked about adopting cryptocurrency.

Currently, there are a lot of financial institutions taking a dip into cryptocurrency and blockchain technology, with benefits like cheaper trade fees and peer to peer network. This is due to the total and obsolete emergence of Bitcoin in people’s lives and economic trades companies are adopting the technology.

According to the market report the company has been battling with other derivative companies such as Cboe Global Markets Inc. and CME Group Inc. He believes that there have not been much of regulatory effects from the regional authorities as the market is nascent.

The event was held in London which was organized by the Association for Financial Markets in Europe.

Jeffrey Tessler during the event says:

“Before we move towards the Bitcoin market, we want to make sure we understand the underlying transaction which isn’t the easiest thing to do.”

He also said that the company is working with the cryptocurrency.

Later in the event, he added that:

“We want to understand the volatility and make sure clients are in line and make sure regulators are in line.”

Garisson a Redittor says:

“Crank up and cramped up banks are the way to be behind the crypto-game. The involvement of institutions is a bad sign as more regulatory standards will be I posed…making it further non-decentralized.”

Sara a Redittor says:

“I believe that derivative and equities are dropping into the cryptocurrency and blockchain game because of the emergence of this new industry. Goldman has to lead the way for the stock market to follow now everyone is gonna adopt the new technology of crypto. I believe that the ones who  reject to evolve will have a major market collapse.”

Wesley Willam Cryptocurrency enthusiast tweeted:

“Bitcoin is gonna pop like a big bubble as it is observed that the market is not volatile and is falling at the steep rate. There is hope for blockchain but no Bitcoin. Maybe altcoins have a future.”

loading…


Continue Reading

Altcoins

First Dutch company to accept Bitcoin [BTC] and Neo [NEO] – ProSeo

Sarah Rodrigues

Published

on

Proseo goes "Pro" crypto- the first Dutch company to accept Bitcoin and Neo.
Source: Wikimedia Commons

In the world where Search goes Digital, ProSeo is a search engine optimization agency which specializes in search engine marketing. It is a Dutch company based in Ireland and is an SEO specialist since 1999.

ProSeo and Web design are the top ranking SEO Companies who provide SEO services in Ireland. The Search Engine Optimization Company is also partnered with Google and is ranked 1st in Google as “Seo Company”, “Seo Agency” and “Seo Services”.

Proseo's tweet. Image Source: Twitter.

Proseo’s tweet.

The company provides professional and presentable services with their experienced Irish Consultants who are aware of their Irish Market. It has a close team of specialists with extensive experience and talents.

The company has gained the title of being the 1st SEO Company to accept cryptocurrency as their payment method. They accept the cryptocurrencies Bitcoin [BTC] and Neo [NEO] for now. However, they are currently investigating whether the company can make payments with other cryptocurrencies as well.

Since ProSeo keeps a close watch of new technological developments in the world, it’s logical for them to apply to the world of digital payment of transactions.

SeaOfDeadFaces, a Reddit user commented:

“My first thought as well. I can imagine that only being able to charge people in increments of NEO means customers are either getting a great deal or shafted, depending on how the company rounds.”

stuartwitherspoon said:

“That’s great but wouldn’t GAS be the better option? I don’t see how this is practical with neo being non-divisible.”

l4ur1ds said:

“I’d love to accept GAS in my neo merch store. Does anybody know how I could accomplish that? The major payment gateways only accept BTC or ETH.”

They reported that Bitcoin and Neo are extremely safe and reliable. They believe that Bitcoin is an investment opportunity in view of the fact of its rapidly increasing value. It is unfortunate that there is a finite number of companies in the Netherlands who accepts cryptocurrency as a form of payment.

Proseo offers a simple method of transaction. The amount of payment by the customer is calculated on the basis of the rate of the largest exchange. Once they complete this, Proseo’s wallet address is sent to the customer to make the payment. The company does not calculate an exchange fee for such transactions.

loading…


Continue Reading

Trending