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Roger Ver: ‘Maybe I’ve Been Fooled’ by Craig Wright


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Early cryptocurrency adopter and outspoken Bitcoin Cash evangelist Roger Ver said that he is having second thoughts about his former alliance with self-described Bitcoin creator Craig Wright.

Ver, the owner of crypto wallet service and bitcoin cash mining pool Bitcoin.com, stated in a newly-uploaded YouTube video that Wright — whose firm, nChain, is the developer of BCH software implementation Bitcoin SV — had “fooled” him.

“It’s never easy to admit that you’ve been fooled, but maybe I’ve been fooled,” Ver said while sharing a screenshot of an email that Wright had allegedly sent him after he publicly backed BCH development group Bitcoin ABC — not Wright’s SV — in the debate over the impending BCH hard fork.

Wright allegedly wrote:

“Side with ABC, you hate bitcoin, you are my enemy. You have f–king no idea what that means. You Will. I AM Satoshi. Have a nice life. You will now discover me when pissed off. And, no. You Could have had proof. Your choice. F–k you.”

Ver and Wright had already been feuding for several months in the lead-up to the hard fork, so it was no surprise when Ver publicly backed Bitcoin ABC’s vision for Bitcoin Cash — or when the characteristically-bombastic Wright lashed out by accusing Ver of wanting to promote child pornography.

Hover, Ver claimed that his spat with Wright is about more than personal insults and political differences. He said that, over time, he had become skeptical about Wright’s technical acumen.

“Some things Craig says, I think are really spot on, but other things, he has no clue what he’s talking about,” Ver said, adding later that Wright had refused to engage in a technical debate at a recent BCH mining conference.

“It seems strange to have Craig refuse to engage in any sort of technical debate there, and my suspicion at this point is that he can’t. And I’ve seen a bunch of things happen that make me skeptical — very, very, deeply skeptical.”

That’s a significant departure from comments about Wright that Ver has made in the past. While he had shied away from outright stating that he believes Wright is Satoshi, he had praised his vision for cryptocurrency as consistent with the one laid out in the Bitcoin whitepaper.

“Satoshi or not, the things Craig Wright is saying are exactly the things that caused me to sign up for Bitcoin in the first place,” Ver told Motherboard last year. “They are also the the things that led to its success.”

Now, though, Ver said that even incontrovertible proof that Wright is Satoshi would do nothing to change his opinion of him or his vision for BCH. Paraphrasing Ethereum co-founder Vitalik Buterin, Ver said that if Wright did turn out to be Satoshi, it would lower his opinion of Satoshi — not elevate his opinion of Wright.

Featured Image from CoinGeek/YouTube

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Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

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