Roger Ver Announces Fallout with Craig Wright After Supporting Bitcoin Cash ABC

What the Upcoming Bitcoin Cash Hard Fork Means for You

The recent surge seen by Bitcoin Cash [BCH] has come to a complete halt after the bear took control of the cryptocurrency on November 10. The lack of an agreement between the Bitcoin Cash SV proposal and Bitcoin ABC 0.18.0, resulted in the hard fork that would split the network into two chains on November 15th.

Backed by the likes of Jihan Wu (Co-Founder of cryptocurrency mining behemoth Bitmain) and Roger Ver (cryptocurrency pioneer, one of the original founders of the Bitcoin Foundation, and somewhat controversially, CEO of Bitcoin.com), Bitcoin Cash gained a significant amount of steam and user adoption.

BCHABC and BCHSV deposits and withdraws will only be enabled once the actual Bitcoin Cash fork takes place on November 15, even then there is no guarantee the forks will become "economically or technically viable", Poloniex says.

Not only will you still have your BCH, but a hard fork means that the BCH blockchain is splitting in two.

Since listing the coin on the platform, the following pairs are now tradable on the platform BCHSV/BTC, BCHSV/USDC, BCHABC/BTC, and BCHABC/USDC.

Poloniex introduced "pre-fork" trading, at around 01:00 UTC today in an effort to retain a neutral stance during the upcoming Bitcoin Cash upgrade. For example, Bitmain supports the fork proposed by Bitcoin ABC, and Roger Ver, one of the most vocal figures in the crypto space, has made a decision to back the group around Wright. For instance, Bitmex Research has released a fork monitoring tool for the two most popular SHA256 proof-of-work networks. The customers, however, will not be able to withdraw ahead of the planned hard fork. On August 1st, 2017, Bitcoin Cash forked from the Bitcoin blockchain and increased the block size in hopes of offering a scalability solution to the cryptocurrency world.

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Craig Wright, the controversial crypto proponent, who claims to be the pseudonymous creator of Bitcoin, is now in the middle of a battle that has divided the Bitcoin Cash community at large (over its future). Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Changelly, Gemini or Coinbase. You will. I AM Satoshi. "Side with ABC, you hate bitcoin, you are my enemy". Moreover, both are available before the fork even happens.

Bitcoin will die before ABC shits on it.

With the upcoming hardfork now just a week away, numerous currency's supporters are still questioning the veracity of this latest change- thus prompting fears that bitcoin cash could soon be split into two different cryptocurrencies.

Wright also pointed out that this function is native to the BCH protocol and thus is not illegal (since there are no rules to prevent such a tx).

And sure enough, one new mining project called SharkPool tweeted that it will "exclusively" mine empty blocks, pointing to Wright's tweetstorm as reasoning.

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