bitcoin Cash [BCH], the BTC [BTC] hardfork was touted to be the revelation of the crypto-world and a redefinition of BTC itself, but 18 months later, it has fallen in the ranks. Cobra, a pseudonym for the infamous co-founder of BTC.org and BTCtalk.org has stated that BCH is worthless.
In a tweet posted on January 18, Cobra stated that BTC Cash is not just dying, but it is dead and due to a lack of vision and purpose, the coin’s value will drop to $0 in a matter of years.
His tweet stated:
“bitcoin Cash is dead. Needs new leadership and direction/purpose otherwise it’ll be worth $0 in a few years.”
When asked in the comments about the prospects of “leadership,” which can also be equated to the centrality of control for the cryptocurrency, an antithetical concept to the whole purpose of BTC, Cobra responded:
“Yeah, but BTC Cash isn’t BTC. BTC can survive with no leaders, but BTC Cash is different and needs to be shown the way.”
Another comment by Ryan_Pafumi read:
“It was always worthless, just like all the forks have turned out to be. Now it just needs to be put down.”
Some users stated that their skepticism regarding BCH began after the November 2018 hardfork which gave rise to the tenth ranked crypto on the market, BTC SV [BSV] backed by nChain’s Craig Wright and Calvin Ayre.
Another tweet, citing the November hardfork read:
“Foresight – Sold bitcoin Cash 2 weeks after fork knowing it would go to 0.”
Undoubtedly, the biggest proponent of BTC Cash is Roger Ver, the CEO of BTC.com, who is not subtle with his praise of the BTC hardfork. Ver also backed BTC Cash’s hardfork, BTC Cash ABC, which has been riding a bearish wave since its emergence.
Earlier this week, Ver stated, via a tweet that BTC Cash in 2019 is what BTC was originally meant to be when it was launched. In the same tweet, he included the original BTC whitepaper and highlighted the “Peer-to-peer electronic cash system” that BTC introduced, which he believes BCH currently touts.
Cobra replied to Roger Ver’s above tweet, stating:
“Notice how the whitepaper points to .ORG and not to the fake .COM which Satoshi said has “nothing to do” with BTC? YOU are the one fooling people!”
Lastly, opponents of BCH are also annoyed with Ver over his domain BTC.com and their relentless BCH narrative. In the light of this, John Carvalho, the man behind BTC Error Log challenged Roger Ver to a ‘fight’ for the rights to BTC.com.
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Published at Sun, 20 Jan 2019 10:00:52 +0000
