Roger Ver: Bitcoin Cash is a real Bitcoin

Roger Ver, who’s been an advocate of cryptocurrencies from their dawn, now seems to have joined the camp of those who believe that the post-SegWit cryptocurrency called Bitcoin Cash, worth $1100, has more rights to be called Bitcoin than Bitcoin itself ($8000, developed 9 years ago).

As the analyst tells Cointelegraph, Bitcoin Cash will have bigger capitalization and more market players, but as one must remember, market dynamics and trends were never based exclusively on “will” and “might become”. For example, institutional investors seemingly decided to back the original Bitcoin, with CME and two Swiss companies promising to launch BTC (not BCH) futures trading. This, however, does not influence the opinion of Roger Ver.

Bitcoin Cash arrived after the SegWit hard fork, which, unlike SegWit2x, which eventually did not happen, was considered not a corporate conspiracy, but more of an event the consequences of which cannot be fully foreseen. After the SegWit segregation, Bitcoin Cash emerged, and it was not very valuable (managing, however, to take the third place in Coinmarketcap’s top three capitalized cryptocurrencies) until the events following the cancellation of SegWit2x. Bitcoin Cash suddenly took the place of the most developed Bitcoin that B2X altcoin could have taken, and grew in price considerably, in the end consolidating around one thousand dollars per coin.