Roger Ver Is Criticized for Cripple Coin Comment by BCH Supporters

December 1, 2017 by Trevor Hill

Entrepreneur Roger Ver has caught some heat from his own base for perceived hypocrisy, after he pejoratively referred to Bitcoin as Cripple Coin in a post on the r/BTC subreddit. It lies in the fact that Ver himself has slammed a name-calling trend within the Bitcoin community: referring to Bitcoin Cash as Bcash, a label that BCH advocates consider an attempt to insult the currency.

Also read: Which Altcoins Should You be Mining? Heres a Few Contenders

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This post comes only days after Ver lost his cool during a debate with YouTuber Bitcoin Error Log John Carvalho after the latter repeatedly mentioned Bcash when referring to Bitcoin Cash an incident that subsequently caused Ver to issue an apology.

Additionally, during the debate, Ver criticized Bitcoin and its development team more than once for taking it down a path that he considers to be detrimental to Satoshi Nakamotos original vision for Bitcoin as peer-to-peer electronic cash.

Speaking to Bitsonline, Ver said theres a difference between using made-up names to mock, and to deliberately mislead:

No-one is ever going to mistakenly confuse Cripple Coin to be Bitcoins real name. Many many people now confuse Bitcoin Cashs real name to be Bcash thanks to a concerted effort of Core supporters to cause that confusion. I think that is a very important difference. And Bitcoin has been crippled intentionally by Core.

By crippled, Ver means Bitcoin Core developers and supporters are shifting Bitcoin (original chain) away from its original Peer-to-Peer Electronic Cash vision.

This claim seems hard to believe right now as the bitcoin price is currently riding high, recently hitting the $10k USD price milestone and even surpassing $11K on the same day.

In addition, CME and Nasdaq recently announced planned bitcoin futures products, thus making his claims sound irrational, or those of an ideologue removed from the current reality.

However, lurking behind all of this success are hidden problems for Bitcoin that could end up hurting it. Could there be some grain of truth to Roger Vers gloom and doom?

Well, one important measure of performance is the amount of transactions piling up in Bitcoins mempool, something that has significantly increased with Bitcoins recent price surge: approximately 90,000 and counting.

Another useful metric for gauging Bitcoins success is its average fee per transaction, something that has also increased with increasing demand and congestion. Indeed, CoinCap.io currently has Bitcoins AFPT at over $8.00 far and away the steepest rate of all the top 10 cryptocurrencies.

Thus, it seems some useful commentary can be found in Vers otherwise hyperbolic statements: things arent all sunshine and rainbows in the Bitcoin universe. Serious problems exist and they need to be addressed.

For instance, transaction buildup in the mempool measures network congestion with more congestion meaning an increasing inability to even use Bitcoin in any capacity. If you cant buy or sell BTC, then theres no use for it because people cant obtain it and users cant cash out of it.

However, while there may be some legitimacy to Vers ideas, many still believe hes still hurting his own cause by the way he has handled himself. In fact, a top response in Vers Reddit post mentioned how another prominent Bitcoin Cash advocate has handled himself in comparison.

Bitcoin Cash is not Bitcoin. Bitcoin is not Bitcoin Core. Jihan is actually the most levelheaded about this. Dont follow Roger into the pit of hellfire delusion, it said.

It does seem like Jihan Wu, CEO of Bitmain and prominent Bitcoin Cash advocate, has attempted to take a different approach, that contrasted with Ver, is less hostile and more collegial.

The pinned tweet on Wus Twitter account almost reads as a condemnation of the debates antagonistic direction:

What do you think of Roger Vers behavior and his derisive comment about Bitcoin? Let us hear your thoughts.

Images via YouTube, Twitter

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Roger Ver Is Criticized for Cripple Coin Comment by BCH ...

Roger Ver

Roger Ver, CEO of Bitcoin.com recently stated that he is going to open his own cryptocurrency exchange. Today, Roger Ver along with Mate Tokay, COO of Bitcoin.com announced that they had joined Azbit exchange as Advisors.

The question among the global crypto community is whether the exchange that he had stated to open soon is the same as Azbit exchange.

Azbit, a fintech startup is a part of a large-scale ecosystem. Azbits exchange is currently 80 percent ready while Roger is planning to launch his own cryptocurrency exchange.

It is much like two experienced hands uniting with each other. Roger Ver is quite influential around the world of crypto and blockchain. He has been the advisor for at least four ICOs in the past. These ICOs have successfully increased market caps. Azbit project will also be seen as an influencer in the financial world.

During the crowdfunding campaign, Azbit has announced the issuance of tokenized shares. Azbit AG is currently registered in Switzerland and is authorized to issue shares.

Later this year, Azbit is planning to launch an investment platform with possibilities of social copy trading. This investment platform lays a path for investors to entrust their assets to experienced traders.

According to an earlier report by BC Focus, a controversy erupted when the Roger Ver shifted his allegiance from Bitcoin to Bitcoin Cash. The Bitcoin.com CEO is now looking for a partner to finance the exchange or may build one internally.

If we build it ourselves, we can do it really, really cheap, and we get exactly what we want. But we dont have the security of a battle-tested exchange thats been around for a while, said Roger Ver.

See Also:

Roger Ver & Litecoins Charlie Lee debate on Bitcoin [BTC]s intrinsic value

Roger Ver & John McAfee share their view on how cryptocurrency & blockchain could transform the world

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Roger Ver joins Azbit exchange as Advisor - bcfocus.com

bitcoin jesus judas

There once was a boynamed Roger,

an early bitcoin adopter.

On the road for days

singing btc's praise,

now leads his sheep to the slaughter.

He copied the name &claimedit's the same,

- cash -

crypto's sad,

whoreish stepdaughter.

She laid with insiders,

got pumped n' grew tired,

not even virginplebs are willing to ride her.

So goes the story of lil' roger's glory,

except of course the Federal Prison story....

career highlights

(1/4 stick to be exact.)

May 2, 2002

Roger Ver was sentenced to 10 months in federal prison, a fine of $2,000, as well as a three-year period of supervised release. for selling explosives on the online auction site, eBay. following a guilty plea on: one count of dealing in explosives without a license,one count of illegally storing explosives,one count of mailing injurious articles.

Mr. Ver admitted to engaging in the business of selling explosives without a license

largesttheft inbitcoinhistory

February 28th, 2014

Mt. Gox filed in Tokyo for bankruptcy protection. Havinglost almost 750,000customers bitcoins, &100,000 of its own bitcoins, totaling7% of all bitcoins, and worth around $473 million near the time of the filing.

coinbase launches bcash

December 19th

in the hourbeforecoinbase announced thebcash listing, itwent from $1k to $8k usd

December 20th

cnbc hosts lil roger on the fast money show to talk about the fall of bitcoin and the rise of bcash.

other glorious milestones

thanks for visiting & check out our other sitesfor more content!

38mxQyU3MikLmnPWFiWnc761E5GxqeP3xH

0x9EB522E3e750fD160a74D1794D151bD8dc874413

MAxx4QGX4rDE4298ptnxUSxVm1ZkhsZ6to

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Bitcoin Jesus | Bitcoin Cash | whoisrogerver.com

Jimmy Song and Roger Ver set out to have a high level debate to discuss the case between Bitcoin and Bitcoin Cash. If the introduction to the format was the setting of the bar, then calling the discourse high level is being as generous as Oprah Winfrey.

The debate took place on the poolside of a luxury cruise ships deck. The audience consisted of bikini-clad ladies and shouting shirtless men holding and filming on an array of devices.Not a minute in, as Song introduced the forum, Ver interrupted him in order to ask just one question. Song respondedwith a string of no, just sit down requests.

Initially, one microphone was to be used in order to keep it civil. As Song suggested, there is way too much Jerry Springer and not enough Supreme Court.

However, the alleged Supreme Court approach quicklychanged when Ver was handed a microphone and Song marched off the stage saying that he refused to do the debate if there [were] two mics. His refusal did not seem to last long. He returned after less than two minutes following Vers promise not to interrupt (again).

Finally after a display of Ver shouting at a shirtless man, Song grabbing papers which had blown away, and a lady asking where she could find the margaritas the debate began.

Song opened his segment by stating:

Bitcoin Cash is a fiat money.

He proceeded to explain that hesees Bitcoin as a classically liberal and anarchal capitalist, and sound method of money, befitting its cypherpunk roots. On the other hand, he offered that Bitcoin Cash is paternalistic and Keynesian befitting its corporate roots. He explained that Bitcoin is unique as it offers a cryptocurrency with no point of failure, no censorship, and no authority. Therefore, users are sovereignover their own money.

Bitcoin Cash, he said, is a fiat owing to the fact that it is centralized with an elite group that determines a roadmap. He said that this leading team determines what will happen to the token through authoritarian hardforks. These forks, such as result in the allowance of changing economic incentives such asforced upgrades.

After Songwrapped up his first point, Ver took the stage, saying:

My goodness, what a bunch of nonsense from Jimmy.

He was behind the podium for less than a minute. Instead of looking to refute any of Songs arguments, Ver simply offered Jimmy a wager:

[Ill] bet a million dollars equivalent of whatever cryptocurrency [he wants], that within ten years Bitcoin Cash will have a larger market cap than the BTC version of Bitcoin today.

Song took the stage once more to proceed with his point, as Ver had offered no point to contend.

In the second component of his argument, Song extrapolated his argument on the centralized token.

Following from there, the two argued about fiat, liberalism, personal attacks on what books the individuals had read.

Start trading cryptocurrency with Coindirect.

Link:

Roger Ver yells that "there is no God" in Blockchain Cruise ...

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors!

Apparently the subject on everyones mind today is Roger Ver is planning to open his own cryptocurrency exchange. The global crypto community of course took his statement seriously since Bitcoin Jesus has a good eye for the major upcoming industry trends.

This is an approach that Azbit fully supports: we firmly believe that the world needs a truly multi-functional, reliable, and functioning exchange. And that is what we are working on right now. We are sure that people should be able to get all the financial services they need in a single place. This is why Azbit is building blockchain banking together with an in-built multi-exchange and investment platform.

Azbits multi-cryptocurrency exchange is currently 80 percent ready. It is based on the Bitsane crypto exchange, which has been successfully operating since 2016 with more than $8,000,000 in daily transaction volume.

The official announcement of the partnership between Azbit and Bitcoin.com was made right on board at Blockchain Cruise 2018. After signing a document Roger Ver, CEO of Bitcoin.com, said: Were gonna to promote all Azbit products at Bitcoin.com so the whole world gets to know the great project that Azbit is building. They build platform, we promote it, the users come and everybody is happy!

Bitcoin Jesus Roger Ver is billionaire, crypto enthusiast, investor, businessman, and one of the most influential people in the world of crypto and blockchain. He has recently participated in at least four ICOs as an advisor. All these projects have successfully raised the planned hard cap from 15 to 50 million USD.

Roger Ver and Mate Tokay are always on top of things ertainly, this was the beginning of our significant cooperation. Our advisors boundless knowledge about cryptocurrencies and blockchain will raise Azbit project to the new level and offer our customers a truly great product.

The strongest aspects of the Azbit project:Truly new idea of combining the most popular and in-demand financial services that currently exist separately.

Azbit AG (a joint-stock company) has been registered in Switzerland and thereby authorized to issue shares. It gives us the brilliant opportunity to issue tokenized shares during the crowdfunding campaign. AZ token holders will receive the dividends in this connection. Azbit will share 75% of the total platforms fee; all payments (in AZ tokens) via airdrop will be made monthly. Income statements and audits will be published regularly on Azbit.com.

Azbit has obtained a securities exemption from the U.S. Securities and Exchange Commission (SEC) under Rule 506(c) of Regulation D. The project also has a Payment Institution license in the Czech Republic (in the E.U.)

Azbit had successfully finished Private sale and moved to the next level Pre-ICO campaign is underway. Early investors can get the maximum bonus up to 30%.

Website: https://azbit.com/Page on Bitcointalk: https://bitcointalk.org/index.php?topic=4382120.0Telegram: https://t.me/azbit_comFacebook: https://www.facebook.com/azbit.news/Instagram: https://www.instagram.com/azbit.news/Twitter: https://twitter.com/azbit_newsMedium: https://medium.com/@Azbit_news

Contact Email Addressinfo@azbit.com

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board ...

Charlie Lee engaged in a healthy debate with Roger Ver, CEO of Bitcoin.com at the recent cryptocurrency cruise. The full debate will be released over the coming days. This is just a SMALL PART of the full debate. The debate focused on all aspects of Bitcoin.

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Original post:

Roger Ver Debates Charlie Lee - The Lightning Network

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. -Rothbard

The state represents violence in a concentrated and organized form. The individual has a soul, but as the state is a soulless machine, it can never be weaned from violence to which it owes its very existence. - Gandhi

Non-cooperation with evil is as much a duty as is cooperation with good. -Gandhi

One of the great mistakes is to judge (government) policies and programs by their intentions rather than their results. - Milton Friedman

Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all. - Bastiat

When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law. - Bastiat

Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place. - Basitat

Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone. - Bastiat

Government cannot make man richer, but it can make him poorer. - von Mises

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Roger Ver | Facebook

In a Monday phone interview with CNBC Fast Money, Roger Ver explained why he believes Bitcoin Cash is a better investment than Bitcoin, also expressing that Bitcoin isnt efficient for commerce due to high fees and low transaction speeds.

In the interview, Ver, who owns and operates Bitcoin.com, begins his explanation of why Bitcoin Cash (BCH) is a better investment than Bitcoin (BTC), by saying that the latters slow transaction times and high fees make it bad for commerce, and that Bitcoin Cash offers the solution to this.

Bitcoin is no longerusable for commerce at all.The fees became high, the transactions became slow and unreliable, and people like myself and everybody else who was actually trying to use it for commerce stopped and switched to something else, and that something else looks most likely to be Bitcoin Cash for the most number of people.

Ver is referring to the long transactions speeds that came about as a result of the meteoric price rise Bitcoin saw in late 2017, for which Bitcoins network wasnt prepared to handle, resulting in high fees and slow transactions. That being said, in the time since, Bitcoins transactions fees have dropped greatly due to the price decrease and increased scalability.

According to bitinfocharts.com, Bitcoins on-chain transaction fees peaked along with its price in late December at nearly $60, falling to a low of about $0.49. In comparison, Bitcoin Cashs on-chain transaction fees peaked at approximately $0.9, falling to a year-to-date low of about $0.003.

As for Bitcoin and Bitcoin Cashs prices, Bitcoin has done significantly better than Bitcoin Cash in 2018. According to CoinMarketCap, Bitcoin is currently sitting at $6,750, down from its all-time-high of just under $20,000. Bitcoin Cash, in comparison, is currently at $535, down from its high of nearly $4,000 in December.

Responding to a question from CNBCs Melissa Lee regarding Bitcoin Cashs poor price performance, Ver said that he has seen 90% price decreases in Bitcoin before, which only preceded exponential price increases. He added that:

In investing or in hockey, you dont skate to where the puck is currently, you skate to where it is going to be in the future, and it is very very clear that all the adoption and the merchants and all sorts of businesses are being built on top of Bitcoin Cash at this point, so for the future, I think Bitcoin Cash is the best investment

Importantly, Ver also added that it is incredibly important to diversify, telling Lee that he doesnt recommend putting all the eggs into one basket, and adding that he himself is diversified and holds more Bitcoin Cash than anything else, but I have some Ether, some Zcash, some Zcoin, some Monero, some Dash, and some BTC as welland some Ripple and some Stellar, emphasizing that it is incredibly important to have a diversified crypto portfolio.

He also added that he is more diversified than he was in the past, moving away from Bitcoin because the Bitcoin people had this absolutely insane idea in their mind that high fees and slow transaction times were a good thing.

The cryptocurrency community is split on Bitcoin Cash, with many people believing like it is a shadily marketed scam that doesnt offer anything more than Bitcoin, and many believing that it is in fact a far more efficient version of Bitcoin, achieving the goals that were originally intended for Bitcoin.

Cryptocurrency mining giant Bitmainis a notable supporter of Bitcoin Cash, with reportsclaiming that the company owns a higher quantity of Bitcoin Cash than Bitcoin, holding 1.02 million BCH, while holding 22,082 BTC, as of March of this year.

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Roger Ver: Bitcoin Cash is a Better Investment Than ...

The Penrose process (also called Penrose mechanism) is a process theorised by Roger Penrose wherein energy can be extracted from a rotating black hole.[1][2] That extraction is made possible because the rotational energy of the black hole is located not inside the event horizon of the black hole, but on the outside of it in a region of the Kerr spacetime called the ergosphere, a region in which a particle is necessarily propelled in locomotive concurrence with the rotating spacetime. All objects in the ergosphere become dragged by a rotating spacetime. In the process, a lump of matter enters into the ergosphere of the black hole, and once it enters the ergosphere, it is forcibly split into two parts. For example, the matter might be made of two parts that separate by firing an explosive or rocket which pushes its halves apart. The momentum of the two pieces of matter when they separate can be arranged so that one piece escapes from the black hole (it "escapes to infinity"), whilst the other falls past the event horizon into the black hole. With careful arrangement, the escaping piece of matter can be made to have greater mass-energy than the original piece of matter, and the infalling piece has negative mass-energy. Although momentum is conserved the effect is that more energy can be extracted than was originally provided, the difference being provided by the black hole itself. In summary, the process results in a slight decrease in the angular momentum of the black hole, which corresponds to a transference of energy to the matter. The momentum lost is converted to energy extracted.

The maximum amount of energy gain possible for a single particle via this process is 20.7%.[3] The process obeys the laws of black hole mechanics. A consequence of these laws is that if the process is performed repeatedly, the black hole can eventually lose all of its angular momentum, becoming non-rotating, i.e. a Schwarzschild black hole. In this case the theoretical maximum energy that can be extracted from a black hole is 29% its original mass.[4] Larger efficiencies are possible for charged rotating black holes.[5]

The outer surface of the ergosphere is described as the ergosurface and it is the surface at which light-rays that are counter-rotating (with respect to the black hole rotation) remain at a fixed angular coordinate, according to an external observer. Since massive particles necessarily travel slower than the speed of light, massive particles will necessarily rotate with respect to a stationary observer "at infinity". A way to picture this is by turning a fork on a flat linen sheet; as the fork rotates, the linen becomes twirled with it, i.e. the innermost rotation propagates outwards resulting in the distortion of a wider area. The inner boundary of the ergosphere is the event horizon, that event horizon being the spatial perimeter beyond which light cannot escape.

Inside this ergosphere, the time and one of the angular coordinates swap meaning (time becomes angle and angle becomes time) because timelike coordinates have only a single direction (the particle rotates with the black hole in a single direction only). Because of this unusual coordinate swap, the energy of the particle can assume both positive and negative values as measured by an observer at infinity.

If particle A enters the ergosphere of a Kerr black hole, then splits into particles B and C, then the consequence (given the assumptions that conservation of energy still holds and one of the particles is allowed to have negative energy) will be that particle B can exit the ergosphere with more energy than particle A while particle C goes into the black hole, i.e. EA = EB + EC and say EC < 0, then EB > EA.

In this way, rotational energy is extracted from the black hole, resulting in the black hole being spun down to a lower rotational speed. The maximum amount of energy is extracted if the split occurs just outside the event horizon and if particle C is counter-rotating to the greatest extent possible.

In the opposite process, a black hole can be spun up (its rotational speed increased) by sending in particles that do not split up, but instead give their entire angular momentum to the black hole.

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Penrose process - Wikipedia

November 12th, 2012

My road to becoming a voluntaryist began in junior high when I found a copy of the book SOCIALISM by Ludwig von Mises. At the time I hadnt given politics much thought and was a typical statist who assumed that there wasnt any reason to limit the States power if it was being used to help people, but I also had a vague idea that Americans were opposed to solicalism.

When I initially started reading SOCIALISM I thought it would be a pro-socialist book, but that it would be a good idea for me to hear the other side of the argument. By the time I finished it, I had learned that it is an impossibility for the government to centrally plan an economy as efficiently as the free market. After this book, I was inspired to read other books on economics by Ludwig von Mises, Adam Smith, Fredric Bastiat, Leonard Read, Henry Hazlitt, Friedrich Hayek, Milton Friedman, and just about anything else I could order from Laissez-Faire Books, since this was before the internet was wide-spread. I learned that prices transmit the information required to most effectively allocate resources and that government intervention in the economy is preventing the world from being as wealthy as it should be. The more I read, the more appalled I became at the economic ignorance displayed by politicians and governments around the world. I became frustrated because anyone who spends the time to study economics can learn that nearly everything the government does makes the world a poorer place and that people, especially the poor, would be much better off if everyone were simply allowed to do anything that is peaceful.

At this point I had a firm grasp of the economic benefits brought to all by the free market, but it wasnt until I found Murray Rothbards works that I started to think about the moral case for freedom. I devoured all of Rothbards books and was persuaded by the logic of his arguments. I remember being almost afraid to read such powerful truths. In all my years of schooling, no one before Rothbard had ever pointed out that taxation is the moral equivalent of theft, and the military draft is the moral equivalent of kidnapping and slavery. It shattered my remaining hopes that the State could be morally justified. For the first time I saw them for the criminal band of thieves, slave masters, and murderers that they are. My life has never been the same since.

Up to this point everything I had learned seemed ideological and somewhat abstract, but I felt the need to point out these truths to others. To help spread the ideas of liberty at the age of twenty, in the year 2000, I became a Libertarian candidate for California State Assembly. I vowed that if I were elected I would not accept any salary, considering the money would necessarily have been taken from others by force in the form of taxation. I also promised to cut as many taxes and repeal as many laws as I could.

As part of the election process I was invited to participate in a debate at San Jose State University against the Republican and Democrat candidates. In the debate, I argued that taxation is theft, the war on drugs is immoral, and that the ATF are a bunch of jack booted thugs and murderers in memoriam to the people they slaughtered in Waco, Texas. Unbeknownst to me at the time there were several plain clothed ATF agents in the audience who became very upset with the things I was saying. They began looking into my background in the attempt to find dirt on me. I had already started a successful online business selling various computer components. In addition to computer parts, I, along with dozens of other resellers across the country, including Cabelas, were selling a product called a Pest Control Report 2000. It was basically a firecracker used by farmers to scare deer and birds away from their corn fields. While everyone else, including the manufacturer, were simply asked to stop selling them I became the only person in the nation to be prosecuted.

The reasoning for the prosecution became crystal clear after a meeting with the US prosecuting attorney and the under cover ATF agents from the debate. In the meeting, my attorney told the prosecutor that selling store-bought firecrackers on Ebay isnt a big deal and that we can pay a fine and do some community service to be done with everything. When the prosecutor agreed that that sounded reasonable one of the ATF agents pounded his hand on the table and shouted but you didnt hear the things that he said! This summed up very clearly that they were angry about the things that I had said, not the things that I had done.

After being told by the US attorney that I would be sent to jail for seven or eight years if I took my case to trial I signed a plea agreement. At the sentencing the judge asked me if anyone threatened or coerced me in any way to sign the plea agreement. When I said Yes, absolutely, the judges eyes became very wide and he asked what do you mean? I explained that the US attorney told me that he would send me to jail for seven or eight years if I didnt sign the plea agreement. The judge responded that that was not what he was asking about, so I replied that I must not understand what it means to be threatened or coerced. The judge then proceeded to lecture me extensively on politics. He carried on about why government is so important and how taxes are the price we pay for a civilized society and that government is wonderful in general. He summed up his lecture by telling me that, I dont want you to think that your political views have anything to do with why you are here today, and then sentenced me to serve ten months in federal prison.

After my release from Lompoc Federal Penitentiary I had to deal with three years of lies, insults, threats, and general harassment by the US Federal probation department. I moved to Japan on the very day my probation finished.

Currently, I am working full time to make the world a better, less violent place by promoting the use of Bitcoin. Bitcoin totally strips away the States control over money. It takes away the vast majority of its power to tax, regulate, or control the economy in any way. If you care about liberty, the nonaggression principle, or economic freedom in general you should do everything you can to use Bitcoin as often as possible in your daily life.

[Roger Ver was born and raised in Silicon Valley and now resides in Tokyo. He is the CEO of MemoryDealers.com and directly employs thirty people in several countries around the world. Roger is also an investor in numerous Bitcoin startups. He spends his free time studying economics, moral philosophy, Bitcoin, and Brazilian Jujitsu.This article first appeared on the website http://www.daily dailyanarchist.com on November 12, 2012.]

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voluntaryist.com - Roger Ver

A very well known name and spark-giving to debates Roger Ver, aiming at crypto-enthusiasts and the community, mentioned that Ethereum could be overtaking Bitcoins throne by market capitalization and leading the board of coins.

Being one of the foremost investors in BTC when it launched almost 9 years ago, Roger Ver made a name for himself and a lot of money in the past years. Also, very supportive of BCH [Bitcoin Cash] that is a hard fork of Bitcoin and has been subject of manyword-exchangesby analysts and individuals.

If a trader wants to reach maximum impact the concept of diversification is need, according to Ver. He believes that by that, BTC will not stand above all others anymore very soon as Ethereum will be the next big thing to lead.

In a way, he is right, as the recent surge in pricing of Ether has brought only positivity to the currency. Manyinnovationsare also coming to the Ethereum platform, as are various network improvements to bolster its reliability.

Ver believes that it takes only one major push and a doubling of price one more time in order for Ethereum to cross the valuation of Bitcoin. But on the other hand, even Bitcoin is not stagnant, and it will be interesting to see the rivalry between Ethereum and Bitcoin in the upcoming times.

Despite being second in position by market cap, Roger Ver claimed that Ethereum did fly past Bitcoin in many other aspects as are cheaper to use and conduct transactions, that is very contrary to Bitcoin.

The Ethereum developers are quite more friendly and adaptive than Bitcoins developer as stated by Ver. If you put everything together, it will give birth to a feeling of challenge, which will turn out strong, by Ethereum to Bitcoin for overtaking the throne making it even more exciting to see what the future holds for the crypto-ecosystem.

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There Could be a New Crypto-King: Ethereum - Roger Ver ...

Do you have an Akai MPC60 or MPC60-II with the original version 2.12 software? Our version 3.10 software update adds the software improvements of the MPC3000 to the MPC60 or MPC60-II. It comes on 4 chips that you can install yourself and adds lots of useful features.

Sampling No Longer Limited to 5 Seconds

The 5 second limit for new samples is gone, allowing you to sample individual sounds up to the limits of memory (13 or 26 seconds, depending on whether or not your MPC60 contains memory expansion.) And sequence memory is no longer erased before sampling.

Stereo Sampling

Version 3.10 won't put a stereo sampling input on the back of your MPC60, but it does provide a method of creating stereo samples. Simply sample the left and right sides of a stereo sound separately as mono sounds, then a new screen in the software automatically re-syncs and combines them to form the stereo sound.

MIDI File Save and Load

Load standard PC-format MIDI file disks or save sequences as MIDI files. Move sequences between your MPC and PC or Mac sequencers.

Note: this requires that you download our Midi File Save utility, save it to an MPC60 floppy then boot your MPC60 from it.

Reads All MPC3000 Files Including Stereo Sounds

Reads all MPC3000 files, including mono or stereo sounds (saved to MPC60 floppies) and directly reads MPC3000 hard disks (MPC-SCSI required). Reads all MPC60 files.

Sound Compression Doubles Sound Memory

This features resamples existing sounds in memory from the normal 40 kHz to 20 kHz, thereby fitting into half the memory space. This works surprisingly well for most sounds (not so well for cymbals). In an expanded MPC60 (26 seconds) containing all compressed sounds, that's equivalent to 52 seconds of sounds.

Voice Restart for "Sound Stuttering"

Sounds may be set to restart when a single pad is played repeatedly, for "sound stuttering" effects. Also, sounds may be set to stop when finger is removed from pad, and any sound may be programmed to stop any other sound (choked cymbal stops ringing cymbal).

8 Drum Sets in Memory

Hold up to 8 drum sets in memory at once, each with 64 pad assignments from a common bank of up to 128 sounds. When saved to disk, sounds in drum sets are now saved as individual sound files, eliminating redundant sound data on disk when saving sets that share sounds.

4 Pad Banks for 64 Pad Assignments

Doubles the number of sounds immediately playable.

Hihat Slider Doubles as Realtime Tuning

The Hihat Decay Slider may now be assigned to any pad and may alternatively affect tuning, decay or attack in real time, with all movements recorded into the sequence.

Cut and Paste Sample Editing

Any portion of a sound may be removed and inserted at any point within another sound with single sample accuracy.

Hard Disk Save and Load

If you own the Marion Systems MPC-SCSI Hard Disk Interface for the MPC60, hard disk save and load operations are now included and work with the Iomega Zip 100mB or 250 mB drives.

Step from Note to Note in Step Edit

In Step Edit, the REWIND [<] and FAST FORWARD [>] keys may now be used to search to the previous or next event within a track, regardless of location. Also, you may now cut and paste events.

Streamlined MPC3000 Displays

Screen displays are improved and more intuitive, nearly identical to the MPC3000. For example, 4 letter pad names are replaced in screens by the full sound name.

New Sequence Edit Features

Most sequence editing functions now permit selection of specific drums to be edited. The new Shift Timing feature shifts track timing independent of timing correction. And the new Edit Note Number Assignment feature permits, for example, all snare notes in a track to be changed to rimshots or any other sound.

New Sound and Sequence Files in 3.10 Format

We've created a few sound and sequence files in the new version 3.10 format that you can download here.

Also Works on ASQ10 Sequencer

Version 3.10 can also be installed in the Akai ASQ10 Sequencer, adding the above features related to sequencing. (Details)

And More

Three-level sound stacking or velocity switch per pad. Simplified interfacing with external MIDI gear. MIDI Local Mode. Automatic "best sound start" removes dead space at start of new drum samples. 16 LEVELS provides 16 attack or decay levels.

Note: Due to low demand for this product, we are no longer printing user manuals so a user manual will not be included. However, you can download the user manual from the link at left.

Link:

MPC60 Software - Roger Linn

Matthew Hrones April 27, 2018 10:35 am

A community movement that has grown to over 600 individuals in just two days is pursuing legal action against Bitcoin.com and its owner, Roger Ver, for deliberately misleading new users into buying Bitcoin Cash (BCH) instead of Bitcoin (BTC).

Bitcoin.com is undoubtedly a prized domain in the Bitcoin space. Its likely that anyone interested in finding out about the worlds first, and most valuable, cryptocurrency will instinctively type it into their browser or immediately see it as a top result in a Google search.

In fact, when Googling buy bitcoin, the first result is buy.bitcoin.com.

Upon clicking the link, a user is greeted with the following screen.

The logos are not only very similar and even the same color (BCH logo is typically green on most platforms to avoid confusion), but Bitcoin.com is the only website that refers to Bitcoin (BTC) as Bitcoin Core.

The Bitcoin Core name refers to the Bitcoin software client (also known as the Satoshi client), which was originally called simply Bitcoin, but was later renamed to distinguish it from the Bitcoinnetwork and currency.

Whats more, the Bitcoin Cash option is presented at the top without their respective BTC and BCH tickers. Anyone unfamiliar with the difference between the two will very likely be confused, if not completely fooled into believing that the top choice is, in fact, Bitcoin.

One user wrote in the Telegram group that its like advertising youre selling gold and then giving customers a piece of coal instead, while also referencing stories of people who mistakinglysent BTC to a BCH addressand vice versa.

Earlier this week, Bitcoin.com underwent changes to present Bitcoin Cash as Bitcoin. Most notably the block explorer, which changed from Bitcoin (BTC) and Bitcoin Cash (BCH) to Bitcoin Core (BTC) and Bitcoin (BCH).

This change has especially outraged the Bitcoin community. It was also a topic of controversy among Bitcoin Cash supporters, many of whom believe Bitcoin Cash can compete on its own merit rather than attempting to steal the Bitcoin name.

pic.twitter.com/vb35pQsgJd

Parabullic Troll (@Crypto_God) April 26, 2018

Another example includes the websites Bitcoin Course, intended to help new users understand what Bitcoin is and how it works. However, the line between the two is blurred in a few places. It references Bitcoin Cash only several times, with most of the graphics in the course displaying Bitcoin and the Bitcoin logo.

Meanwhile, long time associate of Roger Ver and Shapeshift CEO, Erik Voorhees, has also distanced himself from Vers latest attempts to present Bitcoin Cash as the real Bitcoin.

Erik Voorhees and Roger Ver

Roger please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin, he tweeted. It isnt. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work.

The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.

The lawsuit is gaining steam in aTelegram group chatcreated by user @MoneyTrigz,an admin at CoinTimes and co-owner of CoinDaily, and has grown to over 600 members in just a couple of days.

The group says it has attracted some community bigwigs, some of which include Bitcoin entrepreneurs Charlie Shrem and Richard Heart,Xotika.TVCEOJohn Carvalho, and Ibrea.org founder Ragnar Lifthrasir, whos been urging peopleto report the Bitcoin dot com wallet for fraud.

MoneyTrigz, however, has made it clear that no one is in charge of this initiative.

Its more of a community movement, cuz thats what it is, he explains. Its not led by me. Ijust sparked the flame thats all.

The consensus on this matter is the same, he continues.

Everybody is frustrated and outraged plus you have victims now losing money because of it. [Bitcoin.com] crossed the line, and were pushing back legally.

At the same time, one user questioned the pursuit of legal action saying that using any government entity in this dispute seems backward, adding that ultimately the markets will decide.

To which John Carvalho responded:

Were all the market. This isnt asking the government to do something. Its using tools the government provides. This *is* the market deciding. Its literally putting money into a solution.

The group is yet to disclose which law firm is being contacted, only revealing that its one from the Caribbean island of St. Kitts, where the Bitcoin.com company is registered. The reason given is that it is a public group, and numerous people directly linked to Bitcoin dot com have already been banned from the chatroom.

MoneyTrigz, along with other group admins, have also stressed that it is not a discussion group, but rather for victims of the deceit to come forward and share their experience.

The legal angles are being discussed with lawyers, not up for discussion here, this is public, [Bitcoin.com] have eyes here, Money Trigz announced in the group.

An official website calledbitcoincomlawsuit.infohas also launched today, where people who have lost money from the scheme can submit their evidence and join in on the lawsuit.

A group of 600+ participants from influential industry leaders to community volunteers & contributors who devote to protect users from fraudulent businesses and help victims recover lost funds, the website description reads.

However, Bitcoincomlawsuit.info is not accepting donations just yet.

We have things going on behind the scenes and ALOT of industry people dm us to help with lawyer firm recommendations and in different jurisdictions. There seems to be some serious merit with a few of the approaches. Cant say more now. Send everybody to us that lost money using bitcoincom platform or wallet, he added.

Is Bitcoin.com committingfraud? Who do you think would win this lawsuit? Let us know in the comments below!

Images courtesy of Bitcoinist archives, Shutterstock, and Twitter/@Ragnarly.

Read the rest here:

Roger Ver lawsuit - bitcoinist.com

Roger Ver is quite an intriguing and somewhat controversial figure in the cryptocurrency world. As a notorious early Bitcoin investor, he has also kept close tabs on other currencies. During a recent interview, Roger mentioned how Ethereum will eventually overtake Bitcoin. A remarkable thought, even though Bitcoin is not without flaws by any means.

In the world of cryptocurrency, virtually everyone knows the name Roger Ver. He is one of the earliest Bitcoin investors and made a lot of good money doing so. He is also a very strong [financial] supporter of the Bitcoin Cash venture. This Bitcoin hard fork has made quite the impact on the overall cryptocurrency market in recent months. Diversification is key in the world of cryptocurrency, as there is a lot more to check out than just Bitcoin.

Unsurprisingly, Roger Ver is not too convinced Bitcoin will remain the top dog for much longer. In a recent interview, he mentions how Ethereum will overtake Bitcoin in the near future. Given the recent price surge of Ether, Ethereums native token, it is evident things will only get better from here on out. A lot of innovation is coming to Ethereum, as are some much-needed network improvements.

According to Roger Ver, Ether is well underway to surpass Bitcoin. All it takes is doubling in price one more time to effectively reach this goal. That is, assuming the Bitcoin price doesnt increase further. Rest assured BTC is not done just yet in this regard either. An interesting battle has been going on between both of these currencies. Market cap is just one of the metrics people need to pay attention to when it comes to these cryptocurrencies, though.

More specifically, Ether has surpassed Bitcoin in a few other key metrics. It is cheaper to use most of the time, and a lot faster in terms of confirmations. Ethereums throughput has also surpassed that of Bitcoin on multiple occasions in the past. All of this may change with improved SegWit adoption and the Lightning network launch in a few months. Until that happens, it seems Ether will remain in the lead regarding the metrics that actually matter.

Roger Ver is also impressed with Ethereums developers, by the look of things. In his opinion, Bitcoin no longer holds the top spot in a lot of regards. Once people start to realize that is exactly the case, things will get very interesting across all markets. Especially Ethereums switch to proof-ofstake will be pretty significant for the network as a whole. When Ethereum will overtake Bitcoin, remains to be determined, though.

All of this paints an interesting outlook for both Bitcoin and Ethereum. Assuming Roger Ver is correct in his assessment, we will either see a major Ethereum price increase of a big Bitcoin price dip. Right now, the latter seems almost impossible, as the Bitcoin price has been moving up as of late. Ethereum, on the other hand, has been stuck in sideways momentum for several weeks now. It will be interesting to see how things unfold in this regard. Anything is possible in the cryptocurrency world.

Originally posted here:

Roger Ver: "Ethereum Will Overtake Bitcoin in Market Cap"

Osato Avan-Nomayo May 30, 2018 5:30 pm

Roger Ver believes Bitcoins days at the top of the crypto tree are numbered. In an interview with The Independent, the former Bitcoin evangelist said that other cryptocurrencies were more technologically advanced than Bitcoin. He identified Ethereum and Bitcoin Cash as the harbingers of the coming flippening.

Roger Ver used to be one of the staunchest Bitcoin proponents around. These days, however, his tent is firmly pitched in the Bitcoin Cash camp, the first and most popular of all the Bitcoin forks. According to Ver, Bitcoin is outdated when compared to the technically superior features of the other coins presently in existence.

Ver believes that Bitcoins technology is rife with defects. These defects will ultimately lead to reduced interest in the premier cryptocurrency. In his opinion, many of the more than 1,600 digital currencies currently in existence have been developed to offer more robust and efficient solutions that Bitcoin.

Ver states that Ethereum and Bitcoin Cash will experience significantly higher growths than Bitcoin in the coming months and years. He even goes as far as predicting that Ethereum will overtake Bitcoin before the year is out, with Bitcoin Cash taking center stage by 2020.

I see it happening, and I believe its imminent. Ethereum could overtake Bitcoin by the end of the year, and Bitcoin Cash could do the same before 2020.

This series of events, known as the flippening, will occur when Bitcoin is no longer the dominant digital currency in the crypto market. According to Ver, Bitcoins modest gains over the next few years and months will be unable to keep up with the relentless march of Ethereum and Bitcoin Cash.

Not everyone agrees with Vers logic, however. Some experts believe that Bitcoin can assimilate any paradigm-shifting technology, thus maintaining its dominance of the market. Michael Jackson of venture firm Mangrove Capital Partnersbelieves that Bitcoin will overcome the problems currently facing the network:

There is so much talent in the crypto space, and people are working on solving these scalability problems. I dont see why bitcoin shouldnt remain in the number one spot. It is still by far the best known, and it is ultimately the reserve currency in the space.

Do you agree with those who say the so-called flippening is nigh? Let us know your thoughts in the comment section below.

Images courtesy of LeWeb13/Flickr,Kostack Studio/YouTube

Read more here:

Roger Ver on 'the Flippening': Ethereum Will Upstage ...

Wilma Woo December 20, 2017 5:30 am

Mainstream news network CNBC is under intense scrutiny as evidence emerges its senior staff used connections to plug Bitcoin Cash (BCH).

As Bitcoin prices dropped below $17,000, Bitcoin Cash, also known as BCH or BCASH, suddenly shot up in value on US exchange Coinbase, hitting around $9000.

The average price of 1 BCASH coin across major exchanges is now almost $3500, a rise of 45% in 24 hours.

While the events unfolded, CNBC, which had controversially hosted major BCASH proponent and Bitcoin critic Roger Ver on its TV network, began broadcasting tweets of a highly suspicious nature compared to its usual tone.

The tweets, according to cryptocurrency commentator WhalePanda among others, were compiled under the auspices of marketing and partnership manager Gaby Wasensteiner, whose husband, Paul Wasensteiner, is executive director of the so-called Bitcoin Cash Fund.

The first of the controversial tweets from CNBCs Fast Money official Twitter account reads:

(Roger Ver) aka Bitcoin Jesus joins us tomorrow to discuss the biggest change to the crypto world since time was invented! Must see TV.. (Bitcoin Cash) is here deal with it!!

Critical responses received answers including deal with it and threats to unfollow those who did not agree with CNBCs pro-BCASH perspective.

deal with it

CNBC's Fast Money (@CNBCFastMoney) December 20, 2017

So unusual is the style and lack of neutrality of the news networks tweets that cries of foul play are currently echoing through the cryptocurrency community.

Collusion between the Wasensteiners and Ver himself is an increasingly conspicuous narrative, with users on Reddit noting Paul Wasensteiner is also the founder of a London BCASH meetup.

WhalePanda meanwhile continued voicing his suspicions, arguing it was, in fact, Paul who orchestrated the CNBC tweets.

What Im saying is that her husband is actually tweeting, he clarified.

No, she's posting pretty much all BCash propaganda. What I'm saying is that her husband is actually tweeting from the @CNBCFastMoney account 🙂 with his extremely aggressive BCash tweets.

WhalePanda (@WhalePanda) December 20, 2017

The sudden burst of what is known in the cryptocurrency industry as shilling a concerted yet often covert effort to increase or decrease the reputation of a coin or entity marks a new turn in rival coins ability to manipulate broader market sentiment.

What do you think about CNBCs BCASH tweets? Let us know in the comments below!

Images courtesy of Twitter, Shutterstock

More here:

Evidence Emerges of CNBC Collusion with Roger Ver, BCash

In the midst of the outcry caused by the poorly executed launch of Bitcoin Cash on popular cryptocurrency exchanges Coinbase and GDAX, major BCH proponent and Bitcoin.com CEO Roger Ver has added to the current confusion with a potentially controversial tweet.

As allegations of insider trading surge, Ver has come forth with a completely unexpected take on the situation, tweeting the following:

Prior to the announcement of the BCH launch on Coinbase and GDAX yesterday, the price of Bitcoin Cash began to surge on several exchanges. After BCH was opened for trading on Coinbase, allegations of insider trading began to surface. Many suggested that Coinbase employees, in anticipation of the launch, may have bought the cryptocurrency at lower prices on other exchanges, anticipating a price spike following the announcement.

BCH trading was halted shortly after it commenced, owing to significant volatility the cryptocurrency was trading at a premium (around $9,000) compared to other exchanges (where its price was a little above the $3,000 mark).

Following the suspension of trading, Coinbase CEO Brian Armstrong released a blog post which addressed the rising cries of foul play among investors. Clarifying that the exchange has internal trading and confidentiality policies in place, Armstrong stated that all employees and contractors had been explicitly prohibited from trading Bitcoin Cash and from disclosing our launch plans over a month ago.

However, the blog post goes on to state that an investigation will be carried out:

Given the price increase in the hours leading up the announcement, we will be conducting an investigation into this matter. If we find evidence of any employee or contractor violating our policiesdirectly or indirectlyI will not hesitate to terminate the employee immediately and take appropriate legal action.

Insider trading, according to the U.S. Securities and Exchange Commission, is an illegal activity which involves buying or selling in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information. This, in turn, undermines investor confidence in the fairness and integrity of the market. Though the SECs definition pertains to securities, a category which cryptocurrencies do not fall under, the principle still applies.

While BCH trading on GDAX has since resumed, there are no updates on the investigation into insider trading, and Vers tweet, which is in direct opposition to Armstrongs statement, is likely to add fuel to the fire.

Read the rest here:

Roger Ver Tweets in Support of Insider Trading Following ...

Bitcoin Cash (BCC) is not about to let Bitcoin (BTC) take all the limelight amidst the CBOE futures launch, and Roger Ver, the most vocal advocate of BCC, has just Tweeted that Bitcoin.com is going to come out with a Bitcoin Cash Visa debit card.

The rivalry between Bitcoin and Bitcoin Cash is well known now, as the latters proponent, Roger Ver, has continued to claim that Bitcoins August 1, 2017 fork BCC, is the real Bitcoin as per the original guidelines in the 2009 whitepaper by Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System.

According to Roger, Bitcoin Core, the development team behind BTC has failed the cryptocurrency, as is evident from its high transaction fees and delays. He also regularly stresses on the need for a digital currency to be globally accessible and feasible to use, even in economically weak regions such as Africa.

His response to Bitcoins shortcomings is Bitcoin Cash, which has a larger block size (8MB compared to Bitcoins 1MB - making for a larger number of transactions to be processed within the 10-minute period it takes to process new blocks) and consequently smaller fees and faster transaction processing.

However, the Bitcoin community has not been very receptive to what they believe is an attempt to subvert the original coin, leading to a rift between supporters of Bitcoin and those of Bitcoin Cash.

Now, with a possible Visa debit card solution coming out, Bitcoin Cashs price is likely to surge as it becomes easily spendable something that cannot be said for Bitcoin, which was recently dropped by Steam, the game publishing portal, due to high fees and delays.

While there are other solutions (TenX and Monaco) for users looking to spend their digital currency via debit cards, a native solution provided by Bitcoin Cash may be what is needed to further crypto adoption and actual spending, which is considered healthy for the market.

More:

Bitcoin Cash News: Visa Debit Card for Bitcoin Cash ...

Roger Ver, CEO and co-founder of Bitcoin.com, vocally defended Coinbase with regard to recent allegations of suspected insider trading conducted by members of the exchanges staff. Ver appeared on CNBC on Wednesday in an interview with Melissa Lee on the networks show Fast Money. Addressing the ordeal surrounding the addition of Bitcoin Cash to Coinbase, Lee asked for his opinion regarding the situation. Ver responded that he believes crypto insider trading is a non-crime.

As Bitcoin Cash was being added to GDAX, the cryptocurrency exchange that is affiliated with Coinbase, the price of Bitcoin Cash on GDAX jumped to $9,500, while still being offered at roughly $3,100 across other exchanges. The price jump caused a halt in trading of the digital currency on the GDAX platform. To this point, Ver explained: Lets say a bunch of people had traded in advance, then the price wouldnt have been so volatile, and the price would already much more closely reflect the price after the news became public. He continued to say that he does not believe that this incident should be used in order to apply more regulation on Bitcoin exchanges, claiming that theyre already being regulated pretty heavily.

In response to the allegations of insider trading, Coinbase CEO and co-founder Brian Armstrong highlighted the companys policy regarding employee trading in a blog post. Mr. Armstrong appeared adamant in alleviating public concern over the matter. In reference to the discrepancy of Bitcoin Cash pricing, he explained: Given the price increase in the hours leading up the announcement, we will be conducting an investigation into this matter. If we find evidence of any employee or contractor violating our policiesdirectly or indirectlyI will not hesitate to terminate the employee immediately and take appropriate legal action.

Particularly when compared to Bitcoin, Mr. Ver has been a proponent of Bitcoin Cash, describing it as fast, its cheap to use, and reliable. And Bitcoin core and their development team have intentionally made Bitcoin core slow, expensive to use and unreliable. So if you have two versions of Bitcoin: one thats fast, cheap to use and reliable and one thats slow, expensive to use and unreliable, you dont have to be a rocket scientist to figure out which one of those two versions of Bitcoin will be more usable. And its clearly Bitcoin Cash. It is therefore not surprising that Bitcoin.com has taken steps to increase its accessibility by integrating Bitcoin Cash into all of the companys wallets.

Bitcoin.com CTO Emil Oldenburg recently announced that he has sold all of his Bitcoinand has switched to acquiring Bitcoin Cash, as he sees it as a more attractive digital currency. His announcement goes hand in hand with Mr. Vers comments in an interview with CNBC on Wednesday, in which he strongly supported Bitcoin Cash as a stronger investment alternative.

Go here to read the rest:

Bitcoin.com CEO Roger Ver Downplays Alleged Insider Trading ...

Roger Ver is quite an intriguing and somewhat controversial figure in the cryptocurrency world. As a notorious early Bitcoin investor, he has also kept close tabs on other currencies. During a recent interview, Roger mentioned how Ethereum will eventually overtake Bitcoin. A remarkable thought, even though Bitcoin is not without flaws by any means.

In the world of cryptocurrency, virtually everyone knows the nameRoger Ver. He is one of the earliest Bitcoin investors and made a lot of good money doing so. He is also a very strong [financial] supporter of the Bitcoin Cash venture. This Bitcoin hard fork has made quite the impact on the overall cryptocurrency market in recent months. Diversification is key in the world of cryptocurrency, as there is a lot more to check out than just Bitcoin.

Unsurprisingly, Roger Ver is not too convinced Bitcoin will remain the top dog for much longer. In a recent interview, hementionshow Ethereum will overtake Bitcoin in the near future. Given the recent price surge of Ether, Ethereums native token, it is evident things will only get better from here on out. A lot of innovation is coming to Ethereum, as are some much-needed network improvements.

According to Roger Ver, Ether is well underway to surpass Bitcoin. All it takes is doubling in price one more time to effectively reach this goal. That is, assuming the Bitcoin price doesnt increase further. Rest assured BTC is not done just yet in this regard either. An interesting battle has been going on between both of these currencies. Market cap is just one of the metrics people need to pay attention to when it comes to these cryptocurrencies, though.

More specifically, Ether has surpassed Bitcoin in a few other key metrics. It is cheaper to use most of the time, and a lot faster in terms of confirmations. Ethereums throughput has also surpassed that of Bitcoin on multiple occasions in the past. All of this may change with improvedSegWit adoptionand the Lightning network launch in a few months. Until that happens, it seems Ether will remain in the lead regarding the metrics that actually matter.

Roger Ver is also impressed with Ethereums developers, by the look of things. In his opinion, Bitcoin no longer holds the top spot in a lot of regards. Once people start to realize that is exactly the case, things will get very interesting across all markets. Especially Ethereums switch to proof-ofstake will be pretty significant for the network as a whole. When Ethereum will overtake Bitcoin, remains to be determined, though.

All of this paints an interesting outlook for both Bitcoin and Ethereum. Assuming Roger Ver is correct in his assessment, we will either see a major Ethereum price increase of a big Bitcoin price dip. Right now, the latter seems almost impossible, as the Bitcoin price has been moving up as of late. Ethereum, on the other hand, has been stuck in sideways momentum for several weeks now. It will be interesting to see how things unfold in this regard. Anything is possible in the cryptocurrency world.

AltcoinToday.com

Source:Newsbtc

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Roger Ver Says Ethereum May Overtake Bitcoin in Market Cap