Roger Ver the early investor of Bitcoin says that Bitcoin is a pump and dump investment, Bitcoin has an upcoming future with great hype and will be used as a fiat currency in coming years.
Bitcoin has a chance at becoming the next Liberty Reserve because it is decentralized enough to survive any kind of state attack.
Roger Ver was the subject of controversy in 2017 when his loyalties switched to the currency’s “love child” bitcoin cash, which arose in August of last year following a bitcoin hard fork.
Recently, he’s seeking a partner to help him produce the new trading platform. He also says he’s considering building the exchange “internally,” though “ground up” remains a solid option. While discussing the firm’s early-stage plans, he commented:
“If we build it ourselves, we can do it real cheap, and we get exactly what we want, but we don’t have the security of a battle-tested exchange that’s been around for a while.”
Bitcoin.com was likely to be listed in the number one spot yet promoted an entirely different cryptocurrency altogether.
— Roger Ver (@rogerkver) November 11, 2018
Coinbase, one of the largest digital exchanges in the United States, was garnering over 100,000 new customers during the bitcoin craze of late 2017, while others like Bitfinex and Binance, though based abroad, also pose serious threats.
He’s confident that current and future customers will show their loyalty, by explaining:
“The exchange will be posted to Bitcoin.com, so we’ll have thousands or tens of thousands of new users every single day.”
BitcoinCash (BCH), presently ranks as the world’s fourth-largest cryptocurrency. Despite its high position, BCH was trading for over $3,000 during the early portions of 2018, suggesting it’s lost well over 70 percent of its value in just the last nine months alone.
One BCH token is valued at approximately $515. BCH also has a market cap of nearly $9 billion and a daily trading volume of about $382 million.