Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Bitcoin Cash is having a second shot at new highs as prices pass $1,500 and its lead dev says Bitcoin is âdead.â
Bitcoin Cash (BCH) has seen another major growth spurt as the altcoinâs lead developer pronounces Bitcoin (BTC) dead.
Capping what appears to be Bitcoinâs 191st life, Deadal Nix tweeted Tuesday as BCH began picking up steam that the August hard fork meant Bitcoin already no longer existed.
âBitcoin is dead. It was split in two. There is Bitcoin Cash, and Bitcoin Core/Legacy. Deal with it,â he wrote in response to a warning about BCH from online commentator Alphonse Pace.
The Core community was quick to respond, Charlie Shrem noting that Nix publicly describes himself as a âpro shitlord.â
Says the lead dev of âbitcoin cashâ whoâs twitter profile says âprofessional shitlordâ Iâll take Core over shitlord any day. https://t.co/esKIp4ueNN
â Charlie Shrem (@CharlieShrem) November 23, 2017
The continuing tension comes as BCH is on the way to doubling its USD value since recent lows of $947 Nov. 17.
Current cross-exchange data shows prices approaching $1,600 per coin, yet Novemberâs second maneuver is having a markedly lesser impact on Bitcoin prices.
BTC is trading around $8,200, near all-time highs poster several days ago. During BCHâs previous bull run, Bitcoin plummeted, albeit to quickly regain value to continue to break $8,000 for the first time.
Meanwhile, the strange consequences of BCHâs âmaliciousâ hard fork are still playing out, with the Bitcoin Clashic Twitter account putting out calls for miner support.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.