Roger Ver Set to Rival Bitcoin and Ethereum with His $200 Million Fund for Bitcoin Cash

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Roger Ver Set to Rival Bitcoin and Ethereum with His $200 Million Fund for Bitcoin Cash
Establishing a new $200 million fund, Roger Ver hopes to push Bitcoin Cash into the forefront of smart contract development sidestepping Bitcoin and Ethereum in the process.
Roger Ver Set to Rival Bitcoin and Ethereum with His $200 Million Fund for Bitcoin Cash

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Source: CoinSpeaker

Bitcoin SV’s Community Experiences Sour Anniversary as Death Cross Forms on BSV/USD

Bitcoin SV celebrates the first anniversary; community joins in congratulatory messages.
BSV/USD forms death cross on the daily candle chart.
Bearish trend signals possible to drop towards the $120, $112 and $100 support levels.

Bitcoin Satoshi Vision (BSV) is celebrating its first anniversary since gaining independence from the Bitcoin network. Despite the celebratory mood across the community, BSV/USD market has gradually turned red forming a death cross on the daily candle charts price signaling a possible drop towards the resistance levels at $110 in the coming days.
Bitcoin SV celebrates the first anniversary amidst a cloud of red
The BSV community is celebrating its first anniversary since the controversial split from Bitcoin that saw the chain compete for hash power with Bitcoin Cash (BCHABC), another fork of Bitcoin. After years of battling between BCH and BTC developers, BSV finally forked from Bitcoin main chain on 15 November, sparking the first ever public hash war on Bitcoin.

Great read – Bitcoin SV Year 1: A whole year of highlights – CoinGeek https://t.co/3i38fZRjAx
— Calvin Ayre (@CalvinAyre) November 15, 2019

With the manifesto of bringing back the original blockchain envisioned by Bitcoin’s creator, Bitcoin SV further offers a scalable platform “as Satoshi planned.”
“We declare November 15 as Bitcoin Independence Day, to commemorate BSV’s rise to free and protect original Bitcoin.  We’ve seen tremendous scaling success and application development on BSV in just one year, confirming that Bitcoin’s original design always worked,” Jimmy Nguyen, President of Bitcoin Association, an organization dedicated to developing the Bitcoin SV network.
However, the celebrations have failed to spark up the price as bears took control of the market after the price tested the resistance level at $145 pushing down the price to an intraday low of $119.
BSV/USD price chart forms death cross, bears firmly in control
Looking at the daily charts, BSV/USD price is set to test lower support levels as the SMA 50 crossed above the SMA 200 line confirming a death cross on the pair. The indicator signals an upcoming bearish reversal on the pair currently trading at $123.11 USD. BSV/USD bears look set to gain control of the market to push the price towards the $120, $112 and $100 support levels.

Source: TradingView, Bitfinex
Seller pressure intensifies in the BSV market as witnessed on the free fall of the relative strength index (RSI) oscillator pointing towards oversold levels. BTC ‘s abysmal performance against the green back in the past few days does not paint a rosy picture for the coin that very much follows the pioneer coin’s price.
Source: TradingView
A bullish flag pattern forms on the daily candle charts and closes below the flag’s support level spells doom for the BSV/USD bulls and may see the price drop towards the major support level at $79.00.
The post Bitcoin SV’s Community Experiences Sour Anniversary as Death Cross Forms on BSV/USD appeared first on Coingape.
Source: CoinGape

Craig Wright Sets Kleiman Case Back as He Declares He Can’t Pay Settlement

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Craig Wright Sets Kleiman Case Back as He Declares He Can’t Pay Settlement
The Kleiman vs Wright case that has dragged for a while has now taken another step back as Wright has said he is unable to finance the settlement.
Craig Wright Sets Kleiman Case Back as He Declares He Can’t Pay Settlement

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Source: CoinSpeaker

BCH and BSV outshine BTC as Price Spikes up 6% and 7% in Past 24 hours

BTC/USD’s $300 price hike overshadowed by Bitcoin Cash (BCH) and Bitcoin SV (BSV) mammoth 6% and 7% gain in the past 24 hours.
Bitcoin Cash evangelist and Bitcoin.com founder, Roger Ver, denies involvement in the creation of Bitcoin Cash.
Technical indicators signal a heightened demand for the Bitcoin spinoffs; BCH and BSV bulls take charge targeting the major resistance levels at $240 and $120 respectively.

Bitcoin outshined as BCH and BSV gain 5%, 7% respectively in past 24 hours
Bitcoin bulls took charge of the market on Monday morning pushing the price above the key resistance at $8,200 before a slight slip to $8,179 as at time of writing. However, in the past 24 hours the spotlight is shining at two BTC spinoffs, BCH and BSV as they both recorded huge gains during the period.
According to Coinmarketcap, the price of BCH has grown by 5.35% in the past 24 hours to trade at $225 USD. The Bitcoin Cash hard fork, Bitcoin SV, outdid BCH, growing by 7.01% since Sunday’s trading price to trade at $96.47 USD – placing BSV as the top-performing crypto among the major digital assets.
BSV and BCH lead the top 10 cryptos in daily returns (Source: Coinmarketcap)
The current bullish trend in the market is however expected to slow in the coming days as BTC’s price formed a rectangle chart pattern that signals a possible move to the $6400 region. The bearish sentiments are shared across the BTC-forks assets too in the long term. Short term technical indicators show a possible upward push to test the $300 resistance level for BCH/USD pair; BSV/USD bulls are on track to push price towards the major resistance level at $120 if daily candle closes above key support at $100.
BSV/USD bulls target major resistance level at $120
The BitFinex BSV/USD pair daily candles chart shows an increased bullish momentum as the price tested key resistance level at $109.2 on Monday. The pair broke key resistance at $96.850 USD as bulls took over as the bears strength in the market dropped to monthly low volumes. A bullish flag pattern is forming on the daily charts and a close above the key resistance at $109.20 calls for an irresistible opportunity to buy for long traders.
Source: TradingView
The price broke free from the bearish channel pattern resistance level at $90 during the weekend and has since pushed to trade at $106 taunting the major resistance at $120.
The Moving Average Convergence Divergence (MACD) indicator diverging further since the cross above the signal line showing a possible bullish momentum on BSV/USD pair. Furthermore, the formation of a golden cross is an extremely bullish sign for the pair in the coming days.
BCH/USD breaks above $240 as Roger Ver denies creating BCH
Looking at the 4-hour chart candles, the BCH/USD pair looks to be on a similar bullish uptrend to BSV. The price tested key resistance at $240 on Monday following the 5% hike in the past 24 hours. A break above resistance opens up the market to a possible rally above the major support/resistance level at $300 USD in early November.
Source: TradingView
While the Relative Strength Index (RSI) is wildly oscillating above the overbought region, signaling a possible reversal in price, a golden cross has formed on the 4-hour chart signaling a possible bullish momentum.
The spike in price coincides with Roger Ver’s latest comment denying he created the Bitcoin Cash platform. The tweet sent out on Sunday evening is raising questions with the cryptocurrency industry but seems to be working out perfectly for BCH so far.

I had nothing to do with the creation of #bitcoin
I had nothing to do with the creation of #BitcoinCash
— Roger Ver (@rogerkver) October 20, 2019

The post BCH and BSV outshine BTC as Price Spikes up 6% and 7% in Past 24 hours appeared first on Coingape.
Source: CoinGape

Craig Wright: Satoshi Nakamoto Plagiarized My Bitcoin Paper

Craig S Wright, an Australian computer scientist who claims that he created billions of dollars worth of payment protocol Bitcoin, accused Satoshi Nakamoto of plagiarizing his paper.
The Bitcoin SV founder stressed that he is the original author of Bitcoin’s whitepaper during CC Forum in London. According to eyewitness Toni Vays, a famous cryptocurrency trader, who was also available at the event, Wright did not offer proof that could substantiate his claims. Instead, he said he would need to win a court case before the university allows him to release the so-called real Bitcoin whitepaper.

So CSW "FakeToshi" just admitted on stage that Satoshi plagiarized his paper from 2008 that the university is not releasing until he wins the court case .* I'm sure someone has the video pic.twitter.com/WnAbrvapEB
— Tone Vays [Bali – Financial Summit] (@ToneVays) October 16, 2019

According to Wright’s earlier statements, bitcoin’s creation was the effort of a team, not an individual. He had claimed that he was an integral part of the group that conceived the cryptocurrency. Nevertheless, Wright, on many occasions, failed to provide cryptographic keys of messages signed digitally by the real Satoshi Nakamoto during the early days of Bitcoin. His failure to prove his involvement led many to believe that Wright was a scammer.
In February 2018, the estate of Dave Kleiman (now deceased) also initiated a lawsuit against Wright for allegedly stealing US$5,118,266,427.50 worth of bitcoin. The judge for the case last month ordered Wright to hand all the bitcoin to the brother of Dave Kleiman, Ira. If Wright had produced that bitcoin, he would have proven his involvement in the Bitcoin project. But he did not, leading many to say that he did not even have those tokens.
The case also revealed that Wright forged Dave’s signatures to steal the bitcoin – a similar argument he is now making against Satoshi Nakamoto.
Community Laughs It Off
Wright’s latest stunt drew canny reactions from the cryptocurrency community. A Twitterati joked about Wright’s earlier statements, saying that he claimed he is Satoshi Nakamoto and now he is referring the same name as if it is a third person.
“So he plagiarised his own paper,” wondered JJ.

So he plagiarised his own paper? pic.twitter.com/BOuF9dfjTv
— JJ (@lordhodl1) October 16, 2019

Litecoin creator Charlie Lee, meanwhile, added:

So the latest claim is that Satoshi is a fraud?! LMAO
— Charlie Lee [LTC] (@SatoshiLite) October 16, 2019

Word Manipulation
Other eyewitnesses accused Vays of taking Wright’s words out of context. Diego SV, a hardcore Bitcoin SV follower, clarified:
“In the fireside chat, CSW refers to the looming McCormack case and how his paper from 2008 will come out which shows great chunks of this is identical to the 2009 Bitcoin whitepaper. He clearly says this either proves I am Satoshi or Satoshi plagiarised me.”

In the later discussion with Mike Beaver, Tone Vays manipulates this wording of CSW to argue CSW admitted he did not write the whitepaper. I find it beyond belief how such distortion can occur from anyone capable of thought. It’s laughable.
CSW #Bitcoin $BSV Satoshi Nakamoto pic.twitter.com/oAMrzjt7Qc
— $DiegoSV (@Diegoioisp) October 16, 2019

[Disclaimer: The author holds small amounts of Bitcoin SV after the last year’s Bitcoin Cash hard fork. The author does not trade or speculate on the said assets.]
The post Craig Wright: Satoshi Nakamoto Plagiarized My Bitcoin Paper appeared first on NewsBTC.
Source: New feedNewsBTC.com

Altcoins get their tails up: Bitcoin SV pumps by 7% over the hour as TRON breaks into top 10

The battle between Altcoins and the mighty Bitcoin may never end. For the moment however, it looks like the minority has a leg up. Coming to the end of what has been a tumultuous week for Bitcoin, the altcoins closed on a high. Despite the market dominance of the king coin holding strong at over […]
The post Altcoins get their tails up: Bitcoin SV pumps by 7% over the hour as TRON breaks into top 10 appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin mining pool, Antpool miner, produces an invalid Bitcoin block corroborated by 8 nodes

Bitcoin block at height 584,802 was an invalid block due to a discrepancy in coinbase reward value. The invalid block was confirmed by 8 other nodes at forkmonitor.info. BitMEX research tweeted: Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at https://t.co/WKQ8hPDGON identified the block as invalid: Bitcoin Core 0.18.0Bitcoin […]
The post Bitcoin mining pool, Antpool miner, produces an invalid Bitcoin block corroborated by 8 nodes appeared first on AMBCrypto.
Source: AMB Crypto

Cryptocurrency adoption is going to be very natural in the future, claims Peter McCormack

Although established giants including Facebook and Nike have marked their entry into the cryptospace, the veteran crypto-community is betting against these upcoming projects, owing to growing regulatory constraints by government agencies. On the flipside, Peter McCormack’s feature on the Keiser Report suggested enthusiasts are certain about crypto’s inevitable rise in the face of fiat’s demise. Against […]
The post Cryptocurrency adoption is going to be very natural in the future, claims Peter McCormack appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin SV Soars To All-Time-Highs, But Is This Down To Manipulation By Whales?

News has emerged that the overwhelming majority of Bitcoin SV volume comes from just 100 transactions. In comparison, the equivalent figure for Bitcoin is less than 10%. As such, this raises doubts over the legitimacy of the BSV network and its standing as a top 10 coin.

86.4% of all Bitcoin SV volume yesterday came from 100 transactions. The BSV network is a total ghost town.
Despite that, network value is now $4.5 billion, up 300% in the last 45 days.
Totally insane. pic.twitter.com/5xS2qvNsJc
— Kevin Rooke (@kerooke) June 23, 2019

Bitcoin SV Fights Back From Binance Delisting
BSV has had a roller coaster ride this year. After being delisted from Binance, many assumed it would be game over for the project. But, in the face of industry-wide condemnation against the founder, Craig Wright, and his claim of being Satoshi Nakamoto, it has done well to recover.

Indeed, the past month has seen a steady upward trajectory, which coincided with the fake news of a Binance relisting. Nonetheless, when Binance CEO, ChangPeng Zhao publically refuted the story, the bitcoin SV market did not dump as expected, and it has continued on an upward trend ever since. The BSV price peaked yesterday at $243, an all-time high for the much-belied project.
It would seem as though BSV investors are confident in Wright, and the developments that are taking place at the project. Talking to BSV mouthpiece, Coingeek, at the recent Coingeek Toronto Conference, Wright gave an update on MetaNet, an incentivized internet which Wright believes will be a Google killer. He said:
“And we will have documents and blogs and training materials starting to come out from nChain, so that people can start building and developing the incentivized version to replace the internet. The new way of doing things. Not a system based on popularity, like Google, where it’s really about selling advertising, so you don’t care about the value of what you’re selling. You care about how many hits. We want people to get value for their money. So, they don’t go to the site because lots of people do; they go there because it has the best information.”

Median Transaction Value Shows Low Value Transactions On The BSV Network
All the same, when the top 100 transactions make up 86% of bitcoin SV volume, accusations of simulated activity cannot be ignored. One Twitter user, XRP_Tooch, was quick to point out that that this can happen during exchange re-arrangements, and that the data in isolation is meaningless:
“I dont want to call you out too hard for misrepresenting the data since Im not a BSV supporter. But this happens often when an exchange re-arranges their funds. You get a few massive transactions. This stat is misleading without more data about the addresses and their owners.”
At the time, this possible explanation, as noted by another Twitter user, still points to a situation where value is created by big centralized players with vested interests, and not the users of the network.

That still means that only exchanges are doing volume, not users.
— 𝖋𝖗𝖊𝖊𝖉𝖔𝖒 ᴏꜰ S̶i̶l̶e̶n̶c̶e̶ (@FreedomOfSilenc) June 24, 2019

Additionally, when comparing the wide spread between average transaction value and median transaction value, things do seems amiss. For example, in June BSV MTV ranged from $6.52 to as low as $2.09.

Whereas its average transaction values ranged from $14.7k to $4.2k for the same period.

One Reddit user put this down to BSV whales manipulating the market. They wrote:
“What both BCH and BSV tried to do was the big holders started moving without exaggeration 40% of the total supply each and every day (a huge outlier from other chains) to jack up the “mean” value and make it look like the chain is used (like the spam are real transactions with actual value). Of course they still are not fooling the “median” value calculation.”
The post Bitcoin SV Soars To All-Time-Highs, But Is This Down To Manipulation By Whales? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota

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Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota
After the session with the Council of Bogota, Craig Wright reportedly received a special document recognizing his work in Bitcoin as Satoshi Nakamoto, adding to the earlier patents he’s registered with the U.S. copyright office in that regard.
Craig Wright Praised as Satoshi Nakamoto by The Council of Bogota

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Source: CoinSpeaker

Craig Wright will have to prove he’s Satoshi Nakamoto by Monday

Craig Wright’s long drawn out one-sided claim of being Satoshi Nakamoto, the creator of Bitcoin looks to have finally hit the wall. In a recent update in the court case involving the Bitcoin SV [BSV] leadman and Dave Klieman’s estate and family, the Florida court granted a motion to compel Wright to prove his BTC holdings by June 17.
The United States District Court of the Southern District of Florida handed down the motion to Wright on June 14, as revealed by lawyer Stephen Palley.
In addition to Wright sending out legal notices to those who call him out to be a “fraud,” for his self-attestation to being the creator of Bitcoin, the BSV man was also caught in a legal spat with the deceased Dave Kleiman. The legal dispute now taken over by Klieman’s estate accused Wright of ‘misappropriating’ over a million Bitcoin, which values over a billion dollars USD, following a previous professional relationship between Kleiman and Wright almost a decade ago.
The current Wright vs. Kleiman case has been ongoing for several months with the judge instructing Wright to present a list of Bitcoin addresses which he claimed he owned as on December 2013. Wright responded that to produce a list of his Bitcoin holdings would be “unduly burdensome”, however, the court quickly dismissed this excuse.
During the previous proceeding, in early May, Ira Kleiman, responded to the “unverified order” asking for Wright to produce the list of BTC owned as of December 31, 2013, identify the transferred Bitcoins to the blind trust in 2011, and produce documents evidencing the same. Wright was also expected to identify current and past trustees and beneficiaries of the blind trust under oath, and finally, allow for further deposition, with reference to the ownership and control of the disputed Bitcoins.
Given the motion to compel has already been leveled against Wright and his inability to provide evidence of the 2013 Bitcoin addresses has already been revealed, a non-compliance of the same is likely. If Wright does go down this path, he will be held in contempt of court which could probably be charged as a criminal act. Depending on the court and the judged, this criminal act could result in a substantial fine or jail time for the nChain chief scientist.
The court document further read that Wright will have to appear before the court on or before June 28 “to show cause why the undersigned should not certify the facts recited above,” and  “to show cause why he should not be adjudged in civil and/or criminal contempt by reason of these facts.”
Well, it looks like Wright’s claims of being Satoshi Nakamoto took a Wrong turn.
The complete document, dated June 14, can be read here.
The post Craig Wright will have to prove he’s Satoshi Nakamoto by Monday appeared first on AMBCrypto.
Source: AMB Crypto

Crypto-Market Top Weekly Performers: Bitcoin, Litecoin, XRP, Bitcoin SV, ATOM and Binance Coin

Bitcoin [BTC] volatility has increased over the past few weeks. The last 30-Day Estimated of volatility in Bitcoin is around 5.04%.  Moreover, the volatility has usually been inclined towards the positive side.
Nevertheless, the momentum has shifted slightly towards the bearish side as the traders look for a pullback. However, the pullback was limited at around $7500 during the past week. The trading range was usually around $7800-$7900 during the week.
This was also one of the first weeks since February when Bitcoin recorded a significantly long red candle. The total market capitalization of the market has been around $250 billion, with Bitcoins dominance around 55.5%.
Also Read: Bitcoin Mining Report By Coinshares and Fidelity Breaks Rhetoric on Profitability and Geo-fencing
BTC/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $8735
Closing Price: $7901
The weekly Loss: 9.61%
Weekly High/Low: $8745/$7432
Litecoin [LTC]
Litecoin has been one of the best performing coins of the week, with an upwards momentum. The market is possibly expecting gains because of the halving event, which is due to occur in less than two months.
The bullish momentum in the cryptocurrency market seems to have cooled down with Bitcoin [BTC] looking down towards a pullback, Litecoin gains have maintained the positive energy in the market.
LTC/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $114
Closing Price: $117
The weekly gains 2.6%:
Weekly High/Low: $121/$97.5
XRP
XRP had an exciting week with volatility induced by rumors and speculation. XRP broke above the 0.000054 BTC mark as news of Ripple acquiring MoneyGram started to spread.
Nevertheless, the price held its gains above $0.4. Moreover, the yearly benefits on XRP have been limited this year contrary to its performance and the large community of investors around the world. This has been probably affected by centralized coins being designed by JPMorgan and Facebook.
XRP/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $0.44
Closing Price: $0.40
The weekly loss: 9.04%
Weekly High/Low: $0.464/$0.382
Bitcoin SV [BSV]
Bitcoin SV [BSV] continued its gains at the start of the month as it seems to be consolidating at the high above $200. In a week more than a fort-night BSV has gained from $60 to trade above $200. The price was accentuated with another rumor on Satoshi Nakamoto’s identity. While there has been volatility around it, the momentum has been towards the positive.
BSV/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $192
Closing Price: $195
The weekly loss: 3.14%
Weekly High/Low: $237/$173
Cosmos (ATOM)
Cosmos has been one of the few cryptocurrencies with limited weekly loss as the positive momentum on it was maintained at the beginning of the month as well.
ATOM/USD 1-Day Chart on Kraken (TradingView)
Opening Price: $6.4
Closing Price: $6.11
The weekly loss: 0.05%
Weekly Low/High: $5.64/$7.2
Binance [BNB] Coin
Binance [BNB] Coin has been trading news the $30 region. The Exchange backed token was one of the best performing coins of the first quarter in 2019, was affected after the Binance Hack. However, the recovery has been consistent as none of the users were affected.
The scale of economy in the cryptocurrency market and the growth of the Exchange has been faring well of Binance coin holders as well.
BNB/USD 1-Day Chart on Bitstamp (TradingView)
Opening Price: $33.1
Closing Price: $31.6
The weekly loss: 4.5%
Weekly High/Low: $33.2/$28
*The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose, we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation.
**The data is taken at around 11: 00 Hours UTC on 9th June 2019. 
The post Crypto-Market Top Weekly Performers: Bitcoin, Litecoin, XRP, Bitcoin SV, ATOM and Binance Coin appeared first on Coingape.
Source: CoinGape

Bitcoin Cash [BCH] is fully focused on adoption of cryptocurrencies in commerce, says Roger Ver

The cryptocurrency space is finally getting mainstream attention these days, following the efforts of the many thought leaders who have worked hard towards its promotion and subsequent adoption. Roger Ver is one of these thought leaders, with Ver promoting Bitcoin Cash [BCH] as the original Bitcoin. In doing so, he recently featured in an interview to discuss BCH’s new capabilities and its work against the current system of law.
Ver began by speaking about BCH’s latest innovation, “self-custodial blind escrow,” as a differentiator from the current cryptocurrency leader, Bitcoin [BTC]. He explained,
“This (blind escrow) platform allows anybody to buy and sell Bitcoin Cash [BCH] in any country and any payment method, with no AML KYC required from Bitcoin.com. The people are only required to abide by their local regulations.”
The core of this technology is powered by a special op-code that leverages a third-party’s datasig to verify and settle payment or transaction disputes. While highlighting that BTC did not support this feature yet, Ver stated that neither the chosen third party authority nor Bitcoin.com will hold any access to the transaction data, due to the system’s end to end encrypted infrastructure. He also supported BCH’s sluggish trading value recovery by saying,
“If you want the long term price to go up, you should be focusing on the adoption of cryptocurrencies and commerce. And that’s exactly what we’re doing at Bitcoin Cash.”
Global BCH trading has commenced from June 4th, in honor of the 1989 Tienanmen Square protests in Beijing, China. While the move strongly hints at Ver’s attempt to monopolize the crypto-hungry Chinese market, he stressed that people from across the world can use any payment methods to make BCH purchases, including “PayPal, wire transfer or even a suitcase full of cash at Starbucks.”
Speaking about the implications of using Bitcoin.com’s services in countries where crypto is banned, Ver compared the situation with marijuana’s legality, stating,
“If a law is a bad one or a stupid one, people should disobey it. Smoking a plant that makes you feel happy isn’t a crime.”
He also pointed out the problem of tribalism in the crypto-community, while complimenting peer blockchains including Ethereum, Dash, Monero, and Zcash. On the other hand, Ver called out the bad players that attempted a hack on the Bitcoin Cash network during the recent hard fork. As a collective response on behalf of other prominent leaders such as Peter McCormack and Vitalik Buterin (who are also sued by BSV’s Craig Wright), Ver said,
“Craig, you’re wasting everybody’s time and retarding the rate of economic growth at the entire world by wasting everybody’s time. So please stop, go and go and live your life and do something else.”
The post Bitcoin Cash [BCH] is fully focused on adoption of cryptocurrencies in commerce, says Roger Ver appeared first on AMBCrypto.
Source: AMB Crypto

Litecoin [LTC], XRP prices soar as Bitcoin SV [BSV] falls in the face of major correction

Litecoin, the fifth largest cryptocurrency in the world, pumped by approximately 6% while the third largest cryptocurrency, XRP, pumped by ~4% over the last 24 hours. Bitcoin SV, the so-called “real Bitcoin,” had however collapsed by 8.26% over the same time period.
The rest of the top 10 cryptocurrencies were coping badly. Bitcoin [BTC] was recovering from a 6% dip yesterday, which explained the price movement of most other cryptocurrencies.
Source: TradingView
Litecoin, as seen in the chart above, had broken out of an ascending triangle on June 07 at 01:30 IST. The resultant breakout pushed the price of Litecoin from $103 to a maximum of $112. However, the price at press time was $111.42, after pumping by approximately 8% in less than 3 hours.
XRP’s price movement was a little different than that of Litecoin’s. It was probably caused by the FUD/rumor surrounding Ripple and Money Gram. The rumor was that Ripple had acquired Money Gram. The speculation of this may have contributed to XRP’s price pumping from $0.39408 to $0.4270, which is an 8% rise in less than 2 hours.
Source: TradingView
The price of XRP has started consolidating since then, and was moving in a sideways fashion, at press time. The price of XRP, at press time, was $0.4284 and it had a market cap of $17.7 billion.
Bitcoin SV saw some serious pumps recently, pushing the coin to become one of the top 10 cryptocurrencies on the charts. The price of BSV, at press time, was $193 and the coin had a market cap of $3.4 billion.
Source: TradingView
The price of BSV had fallen by 8.26%, as seen on CoinMarketCap. However, BSV has been collapsing since June 5. Starting from $232, it shrunk by 22% and dropped to $182. However, BSV has since started to recover.
Tezos, the 17th largest cryptocurrency, pumped by a massive 13.50% over the last 24 hours, which is the highest pump in the top 20 coins.
The post Litecoin [LTC], XRP prices soar as Bitcoin SV [BSV] falls in the face of major correction appeared first on AMBCrypto.
Source: AMB Crypto

Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

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Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power
Ethereum co-founder Vitalik Buterin has publicly questioned both Binance and Bitcoin SV in an interview he gave to YouTuber Hardcore Crypto. He called Craig S Wright’s Bitcoin SV a “complete scam”.
Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power

Continue reading at Coinspeaker
Source: CoinSpeaker