Can bitcoin cash reach 10000

› exclusives › bitcoin-cash-to-hit-usdk-says-roger-ver.
Table of contents

Many small investors tend to invest in it because of its low nominal price compared to the main BTC. In fact, one BTC can now buy about 70 Bitcoin cash. The currency has also recently gained support from some prominent figures, including Kim Dot Com, the New Zealand tech entrepreneur. Turning to the daily chart, we see that the BCH price has been on a strong uptrend in the past few months.

In fact, the currency managed to move above what seems like a cup and handle pattern. This will mostly happen if the main Bitcoin continues to receive institutional support. Follow us on Telegram and Twitter. A hard fork on the Bitcoin blockchain gave birth to Bitcoin Cash. It is worth noting that layer 2 protocols such as the Lightning Network have enabled cheaper Bitcoin transactions in some areas, including a small village in El Salvador that has adopted Bitcoin as a payment method.

However, two researchers authored a research paper that found a vulnerability in Lightning Network that would enable attackers to steal Bitcoin. Following the Bitcoin Cash hard fork of , another hard fork on the Bitcoin Cash blockchain occured in Ver, who spoke from the French Caribbean island of St. Barts also known as St. Welcome to Word on the Block, the series that takes a deeper dive into blockchain and the emerging technologies that shape our world at the intersection of business, politics and economy.

He is one of the first Bitcoin evangelists, and a lot of people are probably wishing they listened to him a lot earlier. Roger, welcome to the show. Increasingly, we are seeing a lot of crypto investors in that part of the world. You were an early prophet of Bitcoin. What did you see that others did not? Ver: I think I saw the use case for Bitcoin in my own background, being involved in e-commerce.

I knew that there was a huge demand for a peer-to-peer electronic cash system that could be used by people all over the world to buy and sell things. And Bitcoin back in — and 12, 13, 14, up until maybe — filled that niche very, very, very well. Today, it still has that brand recognition and name recognition around the world. In fact, just earlier last week, I renewed the Bitcoin.

If I had used Bitcoin to pay for the renewal, the fee to use Bitcoin would have been more than the renewal itself. So, instead of using Bitcoin to pay for the renewal of the Bitcoin. And the fee was about a tenth of a penny to do that.

Bitcoin Cash Price Prediction: Is BCH Heading Towards $1,000?

Lau: You very famously were part of the camp — Bitcoin Cash that hard forked out of Bitcoin. It was very famously covered.


  • History of bitcoin.
  • Predicting the Price of Bitcoin Cash for 2021, 2023, and 2025?
  • indien bitcoin?
  • btc inest.

It was the halving. People were really concerned about it at the time. You were part of the Bitcoin Cash contingent that wanted to preserve the payments, the transactions, and, in fact, increase the transaction speeds. And here we are today. Do you regret that hard fork? Do you wish that Bitcoin could have, as a whole, seen the value of that, those transaction speeds? Or do you also see that a store of value has value? Ver: I have two regrets currently. The fighting had been going on for maybe, four or five years, and then finally the split happened. I think it would have been better for everybody if that divorce had happened earlier.

And then my other regret was just in the timing of my trading — of trading Bitcoin into Bitcoin Cash. I still think that was a very smart trade but my timing could have been better. At the moment, the exchange rate was about a hundred to one. I certainly did not get a to one for my Bitcoin into Bitcoin Cash. But if you look at it around the world, I think the people that think Bitcoin is only going to be used as a store of value are completely missing the point. In Europe, everybody uses the euro as their store of value because they can spend the euro anywhere.

The same is true with the U. Everyone uses it as their store of value because they can spend it everywhere. The long-run trend is so incredibly clear. Ver: Roubini is right on that. You can quote me in saying that. In Antigua, the neighboring island where I also have citizenship, you can spend Bitcoin Cash at almost every restaurant in the country, at a gas station, at supermarkets, and all sorts of places there. Whereas Bitcoin Cash can work to be money for the entire world right now, today.

Or what if you want to buy a new app for your Tesla? In the long run, whatever people are able to use for payments, both big and small, is what people will wind up using for payments, of course, and as their stored value. Ver: Yeah, I knew. In fact, I made a video way back in when people were saying that they thought Bitcoin was a stupid Ponzi scheme.

Bitcoin has this worldwide name recognition and brand. Now, my new job is to educate people on that front. Bitcoin Cash is the original Bitcoin described in the Bitcoin white paper. I want to empower every individual on the planet to have complete control over their own money. Bitcoin Cash enables that today.

Bitcoin Cash Price | BCH Price Index and Live Chart — CoinDesk 20

The thing that everybody is calling Bitcoin no longer does. Lau: That brand recognition of Bitcoin as a store of value and not necessarily the initial vision of peer-to-peer transaction may be true, but there is a role, some would argue, to be played for the store of value — the digital gold — if you will. The more people that have access to cryptocurrencies, the better off the entire world is.

There are lots of things that people are mistakenly calling wallets. With something like Bitcoin Cash, each individual can hold the Bitcoin Cash themselves. Because Bitcoin no longer threatens the status quo. Bitcoin Cash disrupts the existing power structures because it literally empowers every human being on the planet to have complete control over their own money. Sadly, Bitcoin no longer does that.

Will Bitcoin Cash Reach All Time Highs This Year? Bitcoin Cash 2021 Analysis

Are you seeing that correlation right now? And what is that threshold, especially since Bitcoin crossed another all-time high? Ver: The U. If people in Japan are doing business with people in China, oftentimes the deal is done in dollars. The same is true of the cryptocurrency world with Bitcoin — Bitcoin is kind of the reserve cryptocurrency that all the other cryptocurrencies are traded against. And so, it just depends on how bad the user experience eventually becomes with Bitcoin, as to how fast people will migrate away from that.

Navigation menu

But Bitcoin Cash provides a fantastic user experience today, and so do a thousand other cryptocurrencies out there. And so any smart investor would have a diverse portfolio out there.

BCH analysis: a story of the most successful BTC offshoot

It really feels very speculative at the moment. So the use of peer-to-peer electronic cash then attracts all the additional investment, and speculators, and traditional finance businesses.

Bitcoin Cash (BCH) Price Prediction 2021, 2021, 2023, 2025 & 2030

The price is that! The institutional is coming, this and that. Look at what I just bought for Bitcoin Cash.


  • Bitcoin value to usd.
  • abtc coin news?
  • bitcoin facile?
  • Letrs posttest answers;

Look at what I just sold for Bitcoin Cash. Bitcoin Cash — building the tools to enable people to use this money all over the world is. The starting point is a hundred times lower than Bitcoin. And the potential upside is at least ten times more. The total market cap for cash around the world is significantly larger than the total market cap for gold around the world.

So Bitcoin Cash is a much, much more attractive investment as well. As well as a tool to bring more economic freedom to the world, which is what has me the most excited about. Bitcoin Cash is really an amazing tool.