Are People Dumping BCH and BSV for the Original Bitcoin?

Are People Dumping BCH and BSV for the Original Bitcoin?
фото показано с : zycrypto.com

2020-4-29 22:19

A recent tweet from software engineer and creator of Statoshi, Jameson Lopp, has shown some information from stat service CoinMetrics. According to the tweet, 4.1 million BTC has not moved in more than five years. The tweet also reveals that since Bitcoin Cash (BCH) forked, 6.4 million coins have stayed stagnant, with 8.5 million Bitcoin Satoshi Vision (BSV) coins also stagnant, since BSV also forked.

Litecoin Creator Charlie Lee suggested a correlation between the three stats. In response, Lee suggests that there’s a chance people are leaving the two forks, for the original Bitcoin.

“Can you calculate how many coins that have not moved on BTC, but have moved on BCH and/pr BSV? That likely shows hodlers that have dumped the forked coins for more BTC.”

Bitcoin Cash forked from Bitcoin in 2017 because, at the time, members of the community wanted to increase the block size limit. In November 2018, BCH forked and created Bitcoin SV as members of the latter group wanted a large block size limit of 128MB.

If Lee’s prognostication is correct, it would mean that for some reason, people might be losing interest in either BCH and BSV or both at the same time.

For a while now, many core Bitcoin supporters have been considerably dismissive with the forks – BCH and BSV. Bitcoin SV has probably had it worse because of Craig Wright and his very controversial image.

Back in February, Binance CEO Changpeng Zhao called out Wright as a fraud, further suggesting BSV also is. Zhao specifically said ‘Investing in a fraud never ends well…time will tell’, a subtle message and warning to members of the BSV community. Also, a couple of exchanges have delisted BSV.

While BCH has not had the kind of perception predicaments BSV has suffered, it is still regarded by a few, as inferior to Bitcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

tweet million according service information stat coinmetrics

Источник: zycrypto.com

tweet million → Результатов: 116


Upbit Crypto Exchange Reopens Ethereum (ETH) Wallet Services After $49 Million Hack

Upbit, one of the major crypto exchanges in South Korea, has restarted Ethereum (ETH) wallet services almost 2 months after being attacked by hackers for $49 million ETH. It has been officially made public that after an enhancement to its wallet security structure, Upbit is supporting deposits and withdrawals in ETH again. In a tweet from […]

2020-1-15 01:10


Фото:

Blockchain Project Tron (TRX) Block Height Exceeds 16 Million

Blockchain project Tron (TRX) is off to a strong start in 2020 as according to a tweet by Justin Sun, the decentralized web platform’s block height has exceeded 16 million blocks. Another Milestone for Tron Tron, a Singapore-based distributed ledger technology (DLT) venture with a vision to decentralize the internet has added yet another featherRead MoreRead More.

2020-1-6 21:30


McAfee Calls His Own $1 Million Bitcoin In 2020 Prediction a “Ruse”

If you’ve been following Bitcoin over the past few years, you likely remember John McAfee’s crazy BTC price prediction. As the cryptocurrency market was blowing up in 2017, McAfee, the creator of the cybersecurity company that shares his name, posted the below tweet, claiming that he is betting that Bitcoin will hit $1 million by... The post appeared first on NewsBTC.

2020-1-6 00:00


Genesis Capital reports $870 million in new originations for digital lending

Genesis Capital, the institutional lender for Bitcoin and other cryptocurrencies released Q3 reports, which highlighted a “strong, sustained growth in the lending business.” An official tweet from Genesis Global Trading made the information public after stating, “In Q3, they (Genesis Capital) added $870M in new originations, breaking the previous record of $746M set in the […] The post Genesis Capital reports $870 million in new originations for digital lending appeared first on AMBCrypto.

2019-10-31 21:30


Фото:

‘Bitcoin Broke Up With Roger’: Major Twitter Account Ditches Bitcoin Cash

A Bitcoin Twitter account with almost a million followers has dumped Bitcoin Cash in favor of Bitcoin itself – and everyone is trying to explain why. @Bitcoin Finally Promotes Bitcoin Again In a seemingly random turn of events, @Bitcoin, one of the Bitcoin industry’s biggest misnomers, suddenly began promoting Bitcoin , in line with its Twitter handle.

2019-8-20 12:00


CME Bitcoin Institutional Interest Hits New Record – Up 80% YOY

CME Bitcoin futures reached a record all-time of 5,311 contracts or $250 Million this week, as new Institutional money flows into the Bitcoin derivative market. The Importance of Institutional Money According to a recent tweet from one of the world’s largest Bitcoin derivatives marketplace, the number of open BTC1! contracts reached a record $250 Million in notional spot value on June 17.

2019-6-19 19:00


Inside the Binance and Bitcoin Blockchain Reorg Drama: Random Tweet Stirs Up Community Frenzy

When Binance revealed that somewhere in the region of $40 million dollars worth of Bitcoin was stolen from them, it caused the usual reactions from the community. News articles were written Binance's security was questioned, but overall it was just another hack – and not even a significant one compared to some in the past. […]

2019-5-10 02:02


Фото:

Israeli Police, FBI Apprehend Owners of Darknet Site Deep Bot Web

Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades.

2019-5-8 18:42


Фото:

Israeli Police, FBI Apprehend Owners of Darknet Site Deep Dot Web

Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades.

2019-5-8 18:42


Tiffany Hayden Claims XRP Price Will Eventually Catch Up With Development!

In a heated debate on Twitter, Financial advisor and XRP enthusiast Tiffany Hayden was embroiled in a discussion around the price of XRP. CCN News initially tweeted an article regarding PayPal Director Xapo CEO Wences Casares stating ‘One Bitcoin Could Exceed $1 Million in 7-10 years” The tweet caught the attention of many followers quite […] The post Tiffany Hayden Claims XRP Price Will Eventually Catch Up With Development! appeared first on ZyCrypto.

2019-4-16 09:50


дальше еще 67 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Transactions At All-Time High, But Active Addresses Collapse: What’s Going On?

Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been showing a divergence in its activity-related metrics recently. […]

Is Bitcoin Overheated Right Now? This Metric Suggests No

Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the “Growth Rate” metric for Bitcoin.

Bitcoin Whales Buy While Market Panics As $950M Worth Of BTC Leaves Exchanges

On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post on X, exchanges have seen significant withdrawals over the last couple of days. The on-chain metric […]

Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again?

Bitcoin has observed a plunge during the past day, taking the asset’s price under $67,000. Here’s the historical support level that the asset could visit next. Bitcoin Is Now Not Far From The Short-Term Holder Realized Price As analyst James Van Straten pointed out in a post on X, the Realized Price of the Bitcoin Short-Term Holders has been going up recently and currently sits around the $64,000 level.

Bitcoin Whales Open Massive Longs At $69,000: All Ahead From Here?

Data shows the Bitcoin whales on cryptocurrency exchanges Bybit and HTX have opened massive long positions at the current price levels. Bitcoin Taker Buy Sell Ratio Has Spiked For Bybit and HTX Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has revealed that the whales on the HTX platform […]

Bitcoin Demand: Investors Buying BTC At 5.5x The Rate Of Miner Production

On-chain data shows that Bitcoin investors have recently been scooping up supply equal to 5.5 times what the miners have produced. Bitcoin Investor Cohorts Have Been Busy Accumulating Recently In a post on X, analyst James Van Straten discussed the accumulation that Bitcoin investor cohorts have been participating in and how it compares with the […]