Bitcoin Cash? Why not? Roger Ver Signals Support As New Fork Trades At $400
Bitcoin Cash, a new fork gaining popularity this week, has received what appears to be an endorsement from Roger Ver.
In a tweet Monday, Ver, who was a major proponent of the now-struggling Bitcoin Unlimited, suggested projects such as CounterParty would choose the Bitcoin Cash chain over another were it to come into existence.
Ver linked to a Bitcoin Cash explainer written by developer Jimmy Song in which he noted a fork of Bitcoin to create the concept would likely be pushed through.
“BCC looks like an appeal to the segment of the Bitcoin users that don’t like SegWit,” Song continued.
“Since SegWit is getting activated on Bitcoin, this fork gives many of these people a place to go.”
Reacting to Ver’s support, commentators on Twitter were skeptical. Suggestions included that Ver was favoring BCC simply because Bitcoin Unlimited was now facing an uphill struggle for recognition.
Nonetheless, fellow entrepreneur Alan Silbert weighed in on the issue, responding that Ver had told him Unlimited was “extensively tested" and "ready now.”
He told me BU was "extensively tested" and "ready now" ?— Alan Silbert (@alansilbert) July 24, 2017
Bitcoin Cash is already trading, with ViaBTC currently listing a price of 0.165BTC ($417).