#BitcoinCashSV

[nanobank]

Proponents of #BitcoinCashABC (#BCHABC) and #BitcoinCashSV (#BCHSV) alone have already lost more than $ 0.5 million in total for electricity, that is, more than $ 1 million for two. ₦˹ #NanoBank #bitcoin #blockchain https://www.instagram.com/p/BqSL1X2gAlu/?utm_source=ig_tumblr_share&igshid=o5cf5q9qf54o

[britvr]

#bitcoincash flipping is happen now!!!! #bitcoincashabc #bitcoincashsv (at Brando's Speakeasy) https://www.instagram.com/p/BrGgnL7AA4O/?utm_source=ig_tumblr_share&igshid=efnnmplydei7

[koinmedya]

Sansasyonel para birimi Bitcoin SV fiyatının teknik görüntüsü!

Sansasyonel para birimi Bitcoin SV fiyatının teknik görüntüsü!

Bitcoin SV fiyatının teknik görünümü nasıl? Bitcoin SV (BCHSV), son günlerde %90 ve %48’lik bir ralli yaptı. Şimdi yatırımcılar üçüncü bir ralli mi olacak yoksa kaçınılmaz bir düşüş mü olacak bunu merak ediyor.

(more…)

[detikdax-blog]

Harga Kas Bitcoin Turun 12% ke Semua Waktu Rendah Baru di $ 190 - Apa yang Menyebabkannya?

Sejak 7 November, harga Bitcoin Cash  (BCH) turun dari $ 640 menjadi $ 190, lebih dari 70 persen. Sebelum perang hash power antara Bitcoin Cash dan Bitcoin Cash SV , sebuah kamp yang dipimpin oleh CoinGeek, Calvin Ayre, dan Craig Steven Wright, harga BCH jatuh dari $ 640 ke sekitar $ 450. BCH terus memperpanjang kerugiannya ke ujung bawah $ 200 dalam beberapa hari terakhir setelah insiden tersebut, akhirnya mencelupkan di bawah level dukungan $ 200 dalam 24 jam terakhir. Dalam rentang dua hari, BCH turun lebih dari 25 persen dari $ 242 menjadi $ 190, menyebabkan investor khawatir tentang tren jangka pendek dari cryptocurrency.

Mengapa Bitcoin Cash Price Turun?

BCH / USD | Bitstamp Perang kekuatan hash berakhir dengan kemenangan satu sisi untuk Bitcoin Cash. Pertukaran mata uang cryptocurrency utama seperti Kraken dan Coinbase menyediakan Bitcoin Cash dengan ticker BCH, secara resmi mengakui BCH, juga dikenal sebagai ABC, sebagai Bitcoin Cash asli. Coinbase mengutip beberapa alasan untuk mendukung keputusannya untuk memilih ABC agar tetap menjadi Bitcoin Cash dengan ticker BCH, dan salah satu faktor utama adalah perbedaan besar dalam kekuatan hash antara ABC dan SV. Tim Coinbase menjelaskan : “Sejak garpu Bitcoin Cash pada 15 November 2018, Coinbase telah memonitor jaringan BCH. Kami telah mengamati konsensus di masyarakat bahwa rantai BCH ABC akan mempertahankan penunjukan Bitcoin Cash (BCH). Coinbase juga akan mengadopsi penunjukan ini untuk BCH. Coinbase telah membuat keputusan ini berdasarkan sejumlah faktor termasuk fakta bahwa ABC memiliki hashrate yang lebih tinggi dan rantai kerja bukti yang lebih panjang. ” Dengan kemenangan dan pengakuan dari bursa, BCH diharapkan untuk memulihkan harga, mungkin kembali ke level support sebelumnya di $ 250 dan $ 300. Namun, aset itu terus turun dalam beberapa hari terakhir, akhirnya mencapai terendah tahunan baru di $ 190. Kelemahan dalam tren harga jangka pendek dan momentum Bitcoin  (BTC) telah menyebabkan mayoritas cryptocurrency di pasar global turun dengan margin besar seperti yang terlihat pada pergerakan Ethereum (ETH) dan Ripple (XRP). Namun, penurunan tajam dalam harga BCH menunjukkan bahwa investor masih merasa tidak yakin tentang tren pertumbuhan BCH, dengan perwakilan SV terus-menerus mengancam ABC dan anggota komunitas Bitcoin Cash. Di minggu-minggu yang akan datang, konflik antara ABC dan SV dapat mereda secara signifikan, karena Calvin Ayre secara resmi menyatakan bahwa SV tidak lagi ingin dianggap sebagai garpu Bitcoin Cash. Ayre berkata: “CoinGeek sekarang merasa tidak ada gunanya bernegosiasi. Jika ABC menempatkan perlindungan replay untuk memisahkan rantai secara permanen, kami akan memastikan bahwa tidak ada yang mengganggu mereka lagi. Mereka dapat menyimpan BCH karena BSV bukan Bitcoin Cash asli, Bitcoin aslinya. ”

Bisakah BCH Sembuh?

Ketika tontonan seputar BCH menstabilkan dan konflik antara ABC dan SV dematerializes, cryptocurrency dapat menemukan momentum baru dan awal baru yang dapat secara positif mempengaruhi tren harga jangka menengah. Di masa mendatang, karena intensitas sell-off dan volume BCH yang lemah, perputaran cepat sangat tidak mungkin. Read the full article

[bowsetter]

Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks

In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations.

Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders

Vitalik Doesn’t Believe in Proof of Work

Ethereum founder Vitalik Buterin turned a lot of heads recently when he tweeted to Bitcoin maximalist Giacomo Zucco that he doesn’t “believe in proof of work.”

I don't believe in proof of work!

— Vitalik Non-giver of Ether (@VitalikButerin) December 25, 2018

Crypto Twitter erupted with responses. One commentator, Crypto Domains, pointed out the ridiculousness of Vitalik’s comment, comparing it to not believing “in oxygen.” Crypto Domains’ remark resonated widely, not least since Ethereum itself currently runs on a proof of work model.

Bitcoin Community Skeptical of Rhett Creighton

The Bitcoin Private team recently released an official statement explaining that they had no prior knowledge of the BTCP coins that were covertly created during the fork that birthed the project. Instead, they were mislead by developer airk42, they insist. Airk42 had started out innocently by accepting a bounty the team had placed. He then managed to became a BTCP developer and was promoted to contributor on Github. However, when airk42 merged his own code, he left out one crucial line and a bad actor exploited this bug, creating approximately 2 million additional coins.

Many in the cryptocurrency community were suspicious of the BTCP team and their official response. In a recent live stream by bitcoin trader Tone Vays, developer Jimmy Song pointed out that former BTCP developer Rhett Creighton left the project in a rather cryptic manner that foreshadowed the hack.

Likewise, Vays expressed skepticism at Creighton’s sincerity and quickly theorized that he may have secretly been airk42. Cryptocurrency trader Nick Core also agreed with Tone, explaining that scammers are prone to “leave projects before they are finished.”

Chris Pacia Clarifies Tweet on Blocksize Limitations

Bitcoin commentator u/satoshi_vision 1 recently called out Openbazaar developer Chris Pacia on the r/bitcoincashSV subreddit for Pacia’s comments that bitcoin software will start to break down when blocks reach about 22 MB in size. u/satoshi_vision 1 was criticizing Pacia, as Coingeek had mined a 64MB block at block height 557335.

We were told by Chris Pacia that 22MB blocks would not work, not we have blocks nearly 3x that size. from bitcoincashSV

Pacia was unable to defend himself on the subreddit, as he had been banned from participating on r/bitcoincashSV, despite never having commented on it before. Instead, Pacia took to Twitter to defend himself, explaining that his tweet wasn’t about the ability to mine a single large block.

These people know damn well never was I ever talking about the ability to mine a single large block. Any idiot can do that and it doesn't prove anything. That they wet their pants over a single large blocks shows their level of understanding of how Bitcoin works.

— Chris Pacia (@ChrisPacia) December 26, 2018

Rather than large single blocks, Pacia was referring to the ability to mine many large blocks in tandem. He then went on to point out that the average blocksize over a one-hour period never went above 7 MB when BSV was mining 32 MB blocks.

What do you think of Vitalik’s thoughts on proof of work? Let us know in the comments below.

Images courtesy of Shutterstock.

Do you like to research and read about Bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

The post Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks appeared first on Bitcoin News.

READ MORE http://bit.ly/2GUZSRl

[teiraymondmccoy78]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[courtneyvbrooks87]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[bobbynolanios88]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[mccartneynathxzw83]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[adrianjenkins952wblr]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[vanessawestwcrtr5]

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV’s New Logo Looks Suspiciously Like the Original BTC’s

Bitcoin SV (Satoshi Vision) unveiled its new logo on the 10th birthday of bitcoin. Perhaps not surprisingly, BSV’s “new” logo looks suspiciously similar to that of bitcoin — the original cryptocurrency.

The pro-BSV bComm Association proudly trumpeted the announcement in a statement:

“The BSV logo is revealed on the 10th anniversary of the Bitcoin genesis block, to mark Bitcoin SV as rebirth of the original Bitcoin.”

NChain’s Jimmy Nguyen, the president of the bComm Association, said the BSV logo was selected after conducting three Twitter polls.

“After too many years of wasteful diversions from the Satoshi Vision, we can now finally celebrate Bitcoin’s rebirth – unchained from experimental whims of developer teams who veered away from Satoshi’s original plan,” Nguyen said.

Cheap Imitation Knockoff The New Bitcoin SV Logo Looks a Lot Like the Bitcoin Logo.

The new logo was promptly mocked by many on social media, who called it a “cheap imitation knockoff” of the original bitcoin.

Bravo, but has hints of cheap imitation knock off to it. I wonder why. pic.twitter.com/FsvNSurAQo

— KingOfAllShitcoins (@JinglesBTC) January 3, 2019

Wow. Amazing designer. I would never have got this idea.

— 𝙈𝙞𝙨𝙩𝙚𝙧𝙘𝙝0𝙘 (@MisterCh0c) January 3, 2019

Another remarked:

Wow! That’s awesome! What’s that color? Yellow!? Radical! Looks almost nothing like anything we’ve ever seen before! Wait…

— etherbalance (@etherbalance) January 3, 2019

It’s BitcoinCashsv!! Quit calling it Bitcoin and trying to scam people!!

— CryptoefiL (@cryptoefil) January 3, 2019

The uncanny similarities between Bitcoin SV’s logo and Bitcoin’s is reminiscent of the controversy that erupted when Bitcoin.com CEO Roger Ver was almost sued by a group of crypto enthusiasts in April 2018.

The group claimed that Ver intentionally misled novice investors by exploiting their confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.

Critics: Ver Committed ‘Consumer Fraud’

Ver — a polarizing figure who has been dubbed both “Bitcoin Jesus” and “Bitcoin Judas” — previously backed the original bitcoin, but later became an advocate of its derivative, Bitcoin Cash.

Ver is now a backer of Bitcoin ABC (Adjustable Blocksize Cap), which forked off Bitcoin Cash in November 2018.

Ver has been accused of deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to con gullible investors into buying the wrong bitcoin.

Roger Ver (YouTube screenshot)

In February 2018, attorney Misha Guttentag urged crypto exchange Coinbase to stop selling Bitcoin Cash, saying its then-backer, Roger Ver, was a scam artist committing “consumer fraud.”

“Bitcoin Cash (BCH) is marketing itself as Bitcoin (BTC), scamming consumers into thinking they are buying Bitcoin at a lower price,” Guttentag wrote at Medium.

Its backers use at least three sites to perpetuate this scam—Bitcoin.com, Reddit (r/BTC) and Twitter (@Bitcoin). Bitcoin Cash (BCH) is purposely misleading consumers into thinking they’re getting Bitcoin.

Guttentag buttressed his argument by pointing out that Bitcoin Cash’s logo looks nearly identical to bitcoin’s.

“Think consumers are going to have an easy time telling the difference?” he asked.

Bitcoin and Bitcoin Cash have nearly identical logos. (Image credit: Misha Guttentag) Hard Fork Splits Bitcoin Cash Community

As CCN reported, a crypto civil war erupted in November 2018 when Bitcoin Cash (BCH) underwent its contentious fork. The fork resulted in feuding Bitcoin Cash camps:

Bitcoin SV (Satoshi’s Vision): This group is backed by Australian entrepreneur Craig Wright and Calvin Ayre, the owner of CoinGeek, the largest Bitcoin Cash mining pool.

Bitcoin ABC (Adjustable Blocksize Cap): This camp adheres to the “official” Bitcoin Cash road map, which is supported by most node operators, and is endorsed by Bitcoin Cash proponent Roger Ver and Jihan Wu, co-founder of Bitcoin mining giant Bitmain.

Bitcoin SV proponent Calvin Ayre claims that SV is the “real bitcoin,” while the original cryptocurrency — which preceded Bitcoin SV — is an impostor.

Fellow Bitcoin SV advocate, Craig Wright, agreed. “[BTC] is a sham bitcoin,” Wright told Express UK. “SV is what bitcoin was, and is the only way it works.”

Calvin Ayre: Bitcoin Price Will Plunge to Zero

Calvin Ayre also raised eyebrows after insisting that the bitcoin price will tank to zero in 2019 because it’s worthless.

Ayre further claimed that bitcoin’s price is being artificially deflated right now in order to eradicate it. He did not explain who’s trying to stamp bitcoin out of existence or why.

I am predicting it to go to zero value, as it has no utility. It does not do anything, and they intentionally are anti-scaling.

Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu

— CCN.com (@CryptoCoinsNews) December 17, 2018

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Original Source http://bit.ly/2F7myLu

[eobot-cryptocurrency-news]

December 27, 2018 at 07:27PM Chatter Report: Vitalik Doesn’t Imagine in Work Proof, Chris Pacia Discusses Huge Blocks

New

On this new sequence of cryptographic discussions on social media, Vitalik Buterin triggers a debate stating that he doesn’t imagine within the proof of labor. As well as, the developer Rhett Creighton is accused of getting dedicated a felony act within the pre-mining scandal of Bitcoin Personal. Lastly, Chris Pacia clarifies his place on vital block limitations.

Learn additionally: A few of the hottest merchants in cryptocurrency in 2018

Vitalik doesn’t imagine in a proof of labor

Ethereum founder Vitalik Buterin not too long ago turned heads when he tweeted Bitcoin maximist Giacomo Zucco to let him know that he "didn’t imagine within the proof of labor." ".

I don’t imagine in proof of labor!

– Vitalik non-donor ether (@VitalikButerin) on December 25, 2018

Crypto Twitter broke out with solutions. One commentator, Crypto Domains, emphasised the ridiculousness of Vitalik's remark, evaluating him to not believing "in oxygen". The comment of Crypto Domains has resonated rather a lot, particularly since Ethereum is at present utilizing a proof of labor mannequin.

The Bitcoin neighborhood skeptical of Rhett Creighton

Bitcoin's non-public staff not too long ago launched an official assertion during which it defined that it had no prior information of the OPGT cash that have been secretly created within the vary that gave rise to the venture. As a substitute, they have been misled by the developer airk42, they insist. Airk42 had began innocently by accepting a bonus that the staff had positioned. He then managed to change into a BTCP developer and was promoted to contributor on Github. Nonetheless, when airk42 merged its personal code, it omitted a vital line and a nasty actor exploited this bug, creating about 2 million further items.

Many members of the cryptocurrency neighborhood have been suspicious of the OPGT staff and its official response. In a latest reside broadcast of Tone Vays, a bitcoin dealer, developer Jimmy Tune identified that the previous BTCP developer, Rhett Creighton, had left the venture in a somewhat cryptic method that foreshadowed the hack.

Equally, Vays expressed skepticism about Creighton's sincerity and rapidly speculated that it may need been secretly secreted. The cryptocurrency dealer, Nick Core, additionally agreed with Tone, explaining that scammers are inclined to "depart the initiatives earlier than they’re completed".

Chris Pacia clarifies his tweet in regards to the limitations of Blocksize

Bitcoin commentator u / satoshi_vision 1 not too long ago known as Openbazaar developer Chris Pacia in regards to the subreddit r / bitcoincashSV stating that the Bitcoin software program would begin crashing when the blocks attain about 22 MB. U / satoshi_vision 1 criticized Pacia, whereas Coingeek had operated a block of 64 MB at a peak of 557335.

Chris Pacia informed us that the 22MB blocks wouldn’t work. We don’t have blocks nearly 3 times greater. of bitcoincashSV

Pacia was unable to defend himself on the subreddit as a result of he had been banned from collaborating in R / bitcoincashSV, though he had by no means commented on it earlier than. As a substitute, Pacia relied on Twitter to defend herself, explaining that her tweet was not in regards to the capability to take advantage of a single massive block.

These individuals know very nicely that I’ve by no means talked in regards to the capability to function a single massive block. It doesn’t matter what fool can do this and that proves nothing. The truth that they dip their pants on one giant block exhibits their degree of understanding of how Bitcoin works.

– Chris Pacia (@ChrisPacia) December 26, 2018

Quite than giant remoted blocks, Pacia referred to the opportunity of working a number of giant blocks in tandem. He then identified that the typical measurement of a block measurement over a interval of 1 hour by no means exceeded 7 MB whereas BSV operated blocks of 32 MB.

What do you consider Vitalik's opinion on the proof of labor? Tell us within the feedback beneath.

Photos reproduced with the type permission of Shutterstock.

Do you wish to analysis and examine Bitcoin know-how? See of Wiki of Bitcoin.com for an in depth overview of the modern know-how and attention-grabbing story of Bitcoin.

The post Chatter Report: Vitalik Doesn’t Imagine in Work Proof, Chris Pacia Discusses Huge Blocks appeared first on Eobot.

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[cryptswahili]

Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks

In this latest roundup of crypto chatter from social media, Vitalik Buterin sparks debate by declaring that he doesn’t believe in proof of work. Also, developer Rhett Creighton is accused of foul play in the Bitcoin Private pre-mine scandal. Finally, Chris Pacia clarifies his stance on large block limitations.

Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders

Vitalik Doesn’t Believe in Proof of Work

Ethereum founder Vitalik Buterin turned a lot of heads recently when he tweeted to Bitcoin maximalist Giacomo Zucco that he doesn’t “believe in proof of work.”

I don't believe in proof of work!

— Vitalik Non-giver of Ether (@VitalikButerin) December 25, 2018

Crypto Twitter erupted with responses. One commentator, Crypto Domains, pointed out the ridiculousness of Vitalik’s comment, comparing it to not believing “in oxygen.” Crypto Domains’ remark resonated widely, not least since Ethereum itself currently runs on a proof of work model.

Bitcoin Community Skeptical of Rhett Creighton

The Bitcoin Private team recently released an official statement explaining that they had no prior knowledge of the BTCP coins that were covertly created during the fork that birthed the project. Instead, they were mislead by developer airk42, they insist. Airk42 had started out innocently by accepting a bounty the team had placed. He then managed to became a BTCP developer and was promoted to contributor on Github. However, when airk42 merged his own code, he left out one crucial line and a bad actor exploited this bug, creating approximately 2 million additional coins.

Many in the cryptocurrency community were suspicious of the BTCP team and their official response. In a recent live stream by bitcoin trader Tone Vays, developer Jimmy Song pointed out that former BTCP developer Rhett Creighton left the project in a rather cryptic manner that foreshadowed the hack.

Likewise, Vays expressed skepticism at Creighton’s sincerity and quickly theorized that he may have secretly been airk42. Cryptocurrency trader Nick Core also agreed with Tone, explaining that scammers are prone to “leave projects before they are finished.”

Chris Pacia Clarifies Tweet on Blocksize Limitations

Bitcoin commentator u/satoshi_vision 1 recently called out Openbazaar developer Chris Pacia on the r/bitcoincashSV subreddit for Pacia’s comments that bitcoin software will start to break down when blocks reach about 22 MB in size. u/satoshi_vision 1 was criticizing Pacia, as Coingeek had mined a 64MB block at block height 557335.

We were told by Chris Pacia that 22MB blocks would not work, not we have blocks nearly 3x that size. from bitcoincashSV

Pacia was unable to defend himself on the subreddit, as he had been banned from participating on r/bitcoincashSV, despite never having commented on it before. Instead, Pacia took to Twitter to defend himself, explaining that his tweet wasn’t about the ability to mine a single large block.

These people know damn well never was I ever talking about the ability to mine a single large block. Any idiot can do that and it doesn't prove anything. That they wet their pants over a single large blocks shows their level of understanding of how Bitcoin works.

— Chris Pacia (@ChrisPacia) December 26, 2018

Rather than large single blocks, Pacia was referring to the ability to mine many large blocks in tandem. He then went on to point out that the average blocksize over a one-hour period never went above 7 MB when BSV was mining 32 MB blocks.

What do you think of Vitalik’s thoughts on proof of work? Let us know in the comments below.

Images courtesy of Shutterstock.

Do you like to research and read about Bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

The post Chatter Report: Vitalik Doesn’t Believe in Proof of Work, Chris Pacia Discusses Big Blocks appeared first on Bitcoin News.

[Telegram Channel | Original Article ]

[detikdax-blog]

Harga Kas Bitcoin Turun 12% ke Semua Waktu Rendah Baru di $ 190 - Apa yang Menyebabkannya?

Sejak 7 November, harga Bitcoin Cash  (BCH) turun dari $ 640 menjadi $ 190, lebih dari 70 persen. Sebelum perang hash power antara Bitcoin Cash dan Bitcoin Cash SV , sebuah kamp yang dipimpin oleh CoinGeek, Calvin Ayre, dan Craig Steven Wright, harga BCH jatuh dari $ 640 ke sekitar $ 450. BCH terus memperpanjang kerugiannya ke ujung bawah $ 200 dalam beberapa hari terakhir setelah insiden tersebut, akhirnya mencelupkan di bawah level dukungan $ 200 dalam 24 jam terakhir. Dalam rentang dua hari, BCH turun lebih dari 25 persen dari $ 242 menjadi $ 190, menyebabkan investor khawatir tentang tren jangka pendek dari cryptocurrency.

Mengapa Bitcoin Cash Price Turun?

BCH / USD | Bitstamp Perang kekuatan hash berakhir dengan kemenangan satu sisi untuk Bitcoin Cash. Pertukaran mata uang cryptocurrency utama seperti Kraken dan Coinbase menyediakan Bitcoin Cash dengan ticker BCH, secara resmi mengakui BCH, juga dikenal sebagai ABC, sebagai Bitcoin Cash asli. Coinbase mengutip beberapa alasan untuk mendukung keputusannya untuk memilih ABC agar tetap menjadi Bitcoin Cash dengan ticker BCH, dan salah satu faktor utama adalah perbedaan besar dalam kekuatan hash antara ABC dan SV. Tim Coinbase menjelaskan : “Sejak garpu Bitcoin Cash pada 15 November 2018, Coinbase telah memonitor jaringan BCH. Kami telah mengamati konsensus di masyarakat bahwa rantai BCH ABC akan mempertahankan penunjukan Bitcoin Cash (BCH). Coinbase juga akan mengadopsi penunjukan ini untuk BCH. Coinbase telah membuat keputusan ini berdasarkan sejumlah faktor termasuk fakta bahwa ABC memiliki hashrate yang lebih tinggi dan rantai kerja bukti yang lebih panjang. ” Dengan kemenangan dan pengakuan dari bursa, BCH diharapkan untuk memulihkan harga, mungkin kembali ke level support sebelumnya di $ 250 dan $ 300. Namun, aset itu terus turun dalam beberapa hari terakhir, akhirnya mencapai terendah tahunan baru di $ 190. Kelemahan dalam tren harga jangka pendek dan momentum Bitcoin  (BTC) telah menyebabkan mayoritas cryptocurrency di pasar global turun dengan margin besar seperti yang terlihat pada pergerakan Ethereum (ETH) dan Ripple (XRP). Namun, penurunan tajam dalam harga BCH menunjukkan bahwa investor masih merasa tidak yakin tentang tren pertumbuhan BCH, dengan perwakilan SV terus-menerus mengancam ABC dan anggota komunitas Bitcoin Cash. Di minggu-minggu yang akan datang, konflik antara ABC dan SV dapat mereda secara signifikan, karena Calvin Ayre secara resmi menyatakan bahwa SV tidak lagi ingin dianggap sebagai garpu Bitcoin Cash. Ayre berkata: “CoinGeek sekarang merasa tidak ada gunanya bernegosiasi. Jika ABC menempatkan perlindungan replay untuk memisahkan rantai secara permanen, kami akan memastikan bahwa tidak ada yang mengganggu mereka lagi. Mereka dapat menyimpan BCH karena BSV bukan Bitcoin Cash asli, Bitcoin aslinya. ”

Bisakah BCH Sembuh?

Ketika tontonan seputar BCH menstabilkan dan konflik antara ABC dan SV dematerializes, cryptocurrency dapat menemukan momentum baru dan awal baru yang dapat secara positif mempengaruhi tren harga jangka menengah. Di masa mendatang, karena intensitas sell-off dan volume BCH yang lemah, perputaran cepat sangat tidak mungkin. Read the full article

[edwardleethompson]

Liked on YouTube: "Bitcoin Falls Below $4,500, Kraken Warns BitcoinCashSV Clients - November 20th Cryptocurrency News" https://youtu.be/v_cAAIk4EtM

[detikdax-blog]

Mengapa Bursa Crypto Utama Memberi Bitcoin Cash Dengan BCH Ticker

Perang daya hash antara Bitcoin Cash (BCH) dan Bitcoin Cash SV (BCHSV) berakhir dengan kemenangan satu sisi untuk BCH. Sebelum hard fork pada 15 November, bursa cryptocurrency utama secara terbuka menyatakan dukungan terhadap roadmap yang ditetapkan oleh bitcoincash.org atau ABC, jaringan blockchain Bitcoin asli. Maju cepat delapan hari, semakin banyak platform perdagangan cryptocurrency terkemuka telah mulai secara resmi mengadopsi ABC sebagai jaringan Bitcoin Cash asli dengan ticker BCH.

Apa yang Dipicu Coinbase dan Kraken untuk Mendukung BCH?

Awal pekan ini, Coinbase , salah satu bursa fiat-ke-crypto yang paling banyak digunakan di pasar global, merilis pernyataan resmi yang menyatakan bahwa ABC akan mempertahankan BCH ticker. Perusahaan menyatakan bahwa hashrate yang lebih tinggi dan rantai kerja bukti yang lebih panjang berada di antara beberapa faktor lain yang mengarah pada keputusan Coinbase untuk menyediakan ticker BCH ke rantai Bitcoin Cash asli. Tim Coinbase berkata : “Sejak garpu Bitcoin Cash pada 15 November 2018, Coinbase telah memonitor jaringan BCH. Kami telah mengamati konsensus di masyarakat bahwa rantai BCH ABC akan mempertahankan penunjukan Bitcoin Cash (BCH). Coinbase juga akan mengadopsi penunjukan ini untuk BCH. Coinbase telah membuat keputusan ini berdasarkan sejumlah faktor termasuk fakta bahwa ABC memiliki hashrate yang lebih tinggi dan rantai kerja bukti yang lebih panjang. ” Dalam beberapa minggu ke depan, pengguna Coinbase akan dapat menarik BCHSV yang dikreditkan ke pemegang BCH sebelum garpu, tetapi perusahaan tidak menyatakan niat untuk daftar BCHSV atau memungkinkan investor untuk berdagang aset yang baru dibuat. “Tujuan kami saat ini adalah untuk mendukung layanan penarikan untuk rantai BCH SV sehingga pelanggan kami dapat menarik dana di masa mendatang. Kami mengantisipasi pekerjaan pengembangan ini akan memakan waktu setidaknya beberapa minggu, tetapi mungkin membutuhkan waktu lebih lama, ”tambah tim tersebut. Jesse Powell, CEO Kraken, pertukaran mata uang cryptocurrency utama lainnya yang berbasis di AS, baru-baru ini mengkritik operasi kamp Bitcoin Cash SV yang dipimpin oleh Calvin Ayre, Craig Steven Wright, dan Coingeek, yang telah mengancam pengembang dan penambang selama beberapa minggu terakhir. . Pada 21 November, BCHSV mengalami reorganisasi dua blok dan Coingeek diduga berada di belakang inisiatif tersebut. Seperti yang dijelaskan oleh profesor Cornell, Emin Gun Sirer , reorganisasi blok-blok itu menunjukkan kurangnya kekuatan hash, desentralisasi, dan sistem yang dirancang dengan baik pada BCHSV. Powell mencatat : “Tidak pernah ada apa pun melawan Calvin Ayre tetapi pendekatan ini merupakan kutukan bagi komunitas yang Anda harapkan untuk mengadopsi teknologi Anda. Manfaat BSV dibayangi oleh ancaman yang mengasingkan dari beberapa kepribadian yang megah. Rantai yang lebih panjang! = Adopsi. Kemenangan bisa berupa pyrrhic. ”

Kepribadian Dibalik SV yang Menyakiti Rantai

Bahkan setelah perang hash power, perwakilan dari kamp Bitcoin Cash SV terus mendorong ancaman terhadap komunitas Bitcoin Cash. Pada tanggal 23 November, Calvin Ayre, seorang mogot kasino miliarder di belakang SV, mendorong para investorKraken untuk menjauhi pertukaran untuk “memanipulasi” pasar crypto dengan menyediakan Bitcoin Cash dengan ticker BCH. Ancaman berkelanjutan dari kamp SV dapat menyebabkan lebih banyak pertukaran yang mengakui rantai Bitcoin Cash asli sebagai BCH, yang dapat berdampak negatif pada tren pertumbuhan jangka panjang dari aset tersebut. Read the full article