Craig Wright Threatens Roger Ver with War over Bitcoin Cash (BCH) Stance

Roger Ver has admitted to possibly “being fooled” in his earlier alignment with the ideas of Craig Wright.

Roger Ver, who at one point sided with Craig Wright in a drive to steer Bitcoin Cash (BCH) toward “Satoshi’s True Vision,” recently released a video admitting he had been “fooled.” The rift between the two thought leaders in the crypto space widened, adding to the points of contention over the upcoming Bitcoin Cash hard fork.

After Ver finally sided with the Bitcoin ABC future update, Wright went on to escalate the long-simmering conflict with a direct email. He warned Ver that alignment with Bitcoin Cash ABC would make him an enemy:

https://twitter.com/CryptoNDaily/status/1060747708636499968

Additionally, Wright threatened to crash the price of BCH in a widely adopted ABC version. Expectations are that the version would not be viable, and its market price could go to zero.

Wright ended his message with another claim he was the actual creator of Bitcoin, Satoshi Nakamoto, and again suggested he could produce evidence but chooses not to.

The debates and potential developments surrounding the Bitcoin Cash network and roadmap are key to the future price levels of the coin. After the announcement of a likely contentious hard fork, the price awakened from its months-long slumber, easily breaking above $600. However, the spike was short-lived, and BCH retreated to $580.47, with some seeing the price doomed to unravel once the day of the hard fork passes.

https://twitter.com/gasull/status/1060611414384099329

Other forecasts include the so-called “hash wars” when the existing SHA-256 machines are pointed to different networks. In the coming days, the Bitcoin mining difficulty could rise as miners go to the Bitcoin Cash blockchain and potentially to any alternative chain that appears after the hard fork. Analysts predict Bitcoin mining may slow down due to machines being redirected to Bitcoin Cash.

Traders can now bet on Bitmex and Poloniex on the launch and survival of two Bitcoin Cash versions, but some expect one of the coins to go up in smoke. However, blockchain assets are extremely resilient, and it is unlikely that a relatively large coin like BCH will lose all its hashrate, especially given the readiness of Bitmain to support the network, as it did in the early days of BCH.

Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses made as a result of this information. Cryptocurrency trading and investing are risky propositions, and market participants are advised to always conduct thorough research.