Roger Ver Confirms He’ll Sell His Bitcoin: 130K BTU Trade a …

Wilma Woo March 22, 2017 5:00 am

Roger Ver has received a pre-hard fork trade offer worth up to 130,000 bitcoins in a bargain receiving heavy publicity.

According to a post of the Bitcointalk forum, a Bitcoin bagholder known as Loaded signed a message from a wallet containing 40,000 BTC.

In the message, Loaded challenges Ver to a one-to-one BTC/BTU trade in the event of a hard fork occurring.

@RogerVer lets make a deal, 1 for 1 trade. At least 60k, possibly up to 130k, my BTU for your BTC, the message reads.

The offer is open to Jihan Wu as well, Loaded continued in a further post.

Consider it primarily as a vote of no confidence in the Bitcoin Unlimited software and development team as it currently stands. Ill add the contingency that the deal is null and void if there are major changes to either.

Responding to the offer, Ver seemed enthusiastic.

This sounds like a great deal for both of us. I look forward to ironing out the exact details and terms, he said, adding he was too busy to confirm for the next two days.

While the trade cannot go ahead unless or until Bitcoin Unlimited becomes a separate chain, Ver has already signaled his own vote of no confidence in Core, statingin an interview with MadBitcoins at the weekend that he would dump his BTC holdings.

Rumored to have a total of around 300,000 coins, the trade would produce significant downward pressure on the price of BTC, though it seemsthat some whales will beready to scoop up Vers coins in no time.

Uncertainty over the future and its consequences is meanwhile filtering through the rest of Bitcoins best-known names.

Rhetoric first over the so-called UASF, then later changing Bitcoins proof-of-work algorithm, is now increasingly concerned with value protection.

In his latest blog posttitled For the Love of Bitcoin, entrepreneur and veteran commentator Vinny Lingham cited the old adage in investment that markets will stay irrational longer than you can stay liquid.

Roger Ver confirmed exactly what I wrote in [a previous post] A Fork in the Roadthat he will be dumping his BTC. That will send the market spinning, for sure, he added.

Bitcoin Unlimited meanwhile suffered another denial of service attack Tuesday, with its node count plummeting in minutes due to a bug occurring just six lines above the previous one, which halved node numbers last week.

Also predicting the forked future is Bitfinex, which is currently offering BTU futures at a rate of $351 per coin at press time. BTC futures, with the ticker BCC, aretrading at $720.

What do you think about Roger Vers trade? Let us know in the comments below!

Images courtesy of Twitter, Shutterstock, Coin.dance

More here:

Roger Ver Confirms He'll Sell His Bitcoin: 130K BTU Trade a ...

Tezos Sued again and Roger Ver Tantrums: Best of the Week

End of binary options for SpotOption

On Tuesday we reported that SpotOption, the Israeli binary options platform provider, is to close all operations related to that particular field in the coming months and switch focus to other areas of business.

The decision is the result of the Israeli regulatory authorities implementing a complete ban on the binary options industry.

The massively successful ICO of Tezos has been in the headlines a lot recently for all the wrong reasons. This time, it is faced with a third class-action lawsuit seeking torecover bitcoin and ethereum contributed to the Tezos ICO, along with any corresponding appreciation in value of those invested assets, or the equivalent in monetary damages or restitution.

The complaints all hinge on the fact that the Texos tokens were sold as securities, but never registered as such by the owners of the company.

On Wednesday we reported that IG Group and Plus500 are worried about the crypto bubble popping their faces, and have taken precautionary measures.

IG Group CEO Peter Hetherington said: We have strict internal hedging limits on certain exotic products principally cryptocurrencies to determine how much of the underlying asset we are exposed to [and] avoid risks were not comfortable with.

Plus500 on its part charges a 175% annual interest rate on holding crypto CFDs overnight, discouraging customers from holding the postions open.

More than 20 companies have come together to announce the launch of a new data marketplace, powered by distributed ledger technology.

Called the Tangle, the new network will create new blocks automatically and will be light enough to operate on mobile devices.

As Bitcoin explodes in price, Ethereum is finding its own success with the sheer number of transactions taking place on its network.

As of Wednesday, Ethereum transactions accounted for 52.2% of all cryptocurrency transactions, recording 638,989. For comparison, Bitcoin recorded382,723 transactions at the same time.

Bitcoin spinoff Bitcoin Cash has been largely bullish since its creation this year. However the relationship between the two cryptocurrencies is tense. The creation of Bitcoin Cash has not affected the incredible rise of the original Bitcoin, even if the former does offer a solution to some of the issues suffered by the latter.

Roger Ver, hardcore promoter of Bitcoin Cash, was recorded becoming rather upset during an interview when a journalist called the coin by the wrong name.

On Friday we published an analysis of the ICO market. The incredibly popular fundraising technique inspired dozens of projects, and scepticism from many. Now it seems that the numbers are starting to tail off.

Is an ICO still a good investment option? What do the experts say? Read here and found out.

Read more:

Tezos Sued again and Roger Ver Tantrums: Best of the Week

Roger Ver helps raise $87k for an anti-war charity – Dowbit

Roger Ver and online auction platform Charitystars have managed to raise $87,000 for website Antiwar.com. The winner of the auction won a private lunch with Roger Ver, one of the original investors of Bitcoin. Antiwar.com is a portal that promotes peace and non-interventionalism.

Charitystars was founded in 2013 in Milan, Italy. The online auction offers people a chance to bid cryptocurrency on meetings with celebrities, rare artwork and luxury cars. Proceeds are donated to charities all over the world.

Charitystars founders said they were pleasantly surprised with the result. Reportedly, a lunch with former Italian president Silvio Berlusconi was auctioned for the same $87,000.

With the phenomenal expansion of the crypto-space and the unprecedented opportunity to direct that energy in support of pivotal causes in a manner that is genuinely revolutionary We are glad Roger Ver accepted our invitation to generously support this remarkable cause, Charitystars Francesco Nazari Fusetti explained.

Roger Ver was stunned by the results and commented:

As the blockchain community continues to grow it is important that we dont lose sight of the most serious issues affecting the world today Having long believed that bitcoin has the power to halt conflict and war, I am honored to leverage my experience and expertise in the industry for a cause dedicated to this.

Roger Ver is the CEO of Bitcoin.com and one of the most vocal supporters of cryptocurrency Bitcoin Cash. Ver believes that Bitcoin is no longer the peer-to-peer electronic cash as originally envisioned by creator Satoshi Nakamoto.

Original post:

Roger Ver helps raise $87k for an anti-war charity - Dowbit