Roger Ver, the CEO of Bitcoin.com, launched a Twitter tirade against Bitcoin (BTC) calling it “censored.”
Earlier on Wednesday, February 6th, Ver had shared an article which detailed all the alleged cases of censorship in r/Bitcoin.
Roger Ver, the CEO of Bitcoin.com, and one of the biggest proponents of Bitcoin Cash (BCH) launched a Twitter tirade against Bitcoin. The man who is also known as “Bitcoin Jesus”, tweeted the following:
“If you enjoy censorship and having dissenting voices silenced, then BTC is the right crypto for you. If you enjoy liberty, financial sovereignty, and open discussions, then Bitcoin Cash or just about anything other than BTC is the right crypto for you.”
Earlier, on Wednesday, February 6th, Ver had tweeted out an article titled “A (brief and incomplete) history of censorship in /r/Bitcoin” which cautioned readers to “not use the censored /r/bitcoin or Bitcointalk. Use /r/btc instead.”
In the article, the author going by the pseudonym of “John Blocke” highlighted several Reddit posts since 2015 which, according to him, were examples of censorship within the BTC community.
His tweet has not been received well by the community. Some of the replies to his tweet are:
“It’s sad because he could have been one of the strongest voices for Bitcoin. Instead he choose this divisive ego driven path where he attempts to insist he made the reeeeaaal bitcoin.roger doesn’t see the problem force feeding his alt and naming it bitcoin.”
“You’re associating a trustless, secure, and decentralized currency (BTC) with the mass opinion that your view point is incorrect. BTC is not censoring you. People who support BTC are censoring you. These are different things yet you group them together in order to support BCH.”
“I genuinely appreciate hearing your alternate (or, different than my own) perspectives on the cryptospace… but I think this one is a bit of an emotionally driven reach, Roger.”
Ripple Price Analysis: XRP Follows the Grim Market Condition; Loses almost 3% Overnight
- Ripple makes a 3% cut in the value against USD in the last 24 hours.
- The coin’s next resistance at 0.274 USD may come by the end of this week.
Ripple, one of the top three coins, has conformed to the market trend and like Bitcoin, it has also lost value over the last 24 hours. With four major price changes, the coin has been down by 2.95% in this period. Ripple has been pushed from 0.274 USD to 0.262 USD in a matter of a few hours. Before analyzing the price changes in detail, we should look at the current data of the coin now.
Current XRP Price Statistics-
- Ripple has the 3rd rank in the global crypto market and it has an ROI (Return on Investment) of 4,376.55%.
- A total of 42,890,708,341 XRP coins are in current circulation.
- The market cap of the coin as on 22nd August at 03:19 UTC stands at 11,314,857,221 USD.
- The value of the coin with respect to USD and BTC stands at 0.2632 USD and 0.00002656 BTC respectively.
- The 24h volume of the coin rests at 1,125,277,708 USD.
XRP to USD Price Comparison-
Due to 20th August’s little push, Ripple opened yesterday with a moderately high value of 0.2747 USD. It faced a price correction in the next 4 hours and 7 minutes and it made the coin to lose 0.0121 USD. After a few hours of volatility, Ripple started weakening again around 07:29 UTC and in the next 5 hours and 7 minutes, it lost 0.0076 USD. It was, however, followed by a hike of 3.34% and by 16:43 UTC, it added 0.0086 USD to the coin. The last swing came as another fall in the value and this fall cost the coin 0.0064 USD and it happened between 01:01 UTC and 02:09 UTC.
Ripple Price Prediction-
Ripple was already under pressure when most of the coins started strengthening. However, for the last day, the market condition is grim and the fall of Ripple is not unexpected. The coin is likely to take more than usual time to show recovery. The next resistance may come at 0.274 USD.
|1st Resistance||0.274454667 USD|
|2nd Resistance||0.282648333 USD|
|3rd Resistance||0.289531667 USD|
|1st Support Level||0.259377667 USD|
|2nd Support Level||0.252494333 USD|
|3rd Support Level||0.244300667 USD|
Bitcoin Cash Price Analysis: Bitcoin Cash Records 6% Downtrend in a 24 Hours
Bitcoin Cash has been hit by the slow tide once again and is recorded to be trading around $290 now. The coin even slumped to $288 yesterday but bounced back soon after. The current market performance may not seem beneficial, but it may soon change in surging trends in the next few days. The coin can record sudden rising trends by going up to $320 or above by the month-end.
BCH to USD Price Comparison
In the day, BCH coin recorded a downtrend of over 6% dipping from $315.80 yesterday to its current value at $295.35 as of August 22, 2019, at 01:51:40 UTC. The coin started yesterday on a high note but has been gradually falling since then and hit as low as $288.80. It has been able to recover since then but may continue to trade below $300 for some time.
Current Statistics of Bitcoin Cash:
- BCH price has reached $295.35 and 0.03004502 BTC
- The Market Cap is noted to be $5,380,554,461
- The 24-hour volume of the coin is $1,449,455,181
- ROI of the coin stands at -46.19%
- Circulating Supply is now 17,960,250 BCH
The lowest recorded value of BCH coin yesterday was $293.93, and it is trading above this value for now. The coin may close today on a better note trading above $300.
Bitcoin Cash Price Prediction and Conclusion:
In the last 30 days, Bitcoin Cash price has gone up as much as $353.70, but it has been trading below $300 for the most part of this month. As the last week of the month approaches closer, Bitcoin Cash may bounce back to rising trends and may start trading above its 7-days high value at $326.88.
It is a slow phase for Bitcoin Cash, and hence, the best time for bulk investments is now for long-term benefits.
Bitcoin Cash (BCH/USD) forecast and analysis on August 22, 2019
Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 310. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bearish trend on Bitcoin Cash. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator stripes.
Bitcoin Cash (BCH/USD) forecast and analysis on August 22, 2019
As part of the Bitcoin Cash forecast, a test of level 320 is expected. Where can we expect an attempt to continue the fall of BCH/USD and the further development of a downward trend. The purpose of this movement is the area near the level of 292. The conservative area for sales of Bitcoin Cash is located near the upper border of the Bollinger Bands indicator strip at 330.
The cancellation of the option to continue the depreciation of Bitcoin Cash will be a breakdown of the area of the upper border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair above the area of 335. This will indicate a change in the current trend in favor of the bullish for BCH/USD. In case of breakdown of the lower border of the Bollinger Bands indicator bands, we should expect an acceleration in the fall of cryptocurrency.
Bitcoin Cash (BCH/USD) forecast and analysis on August 22, 2019 implies a test level of 320. Further, it is expected to continue falling to the area below the level of 292. The conservative area for selling Bitcoin Cash is located area of 330. Canceling the option of falling cryptocurrency will be a breakdown of the level of 335. In this case, we can expect continuation growth.