Bře 10

Bitcoin Cash Propaganda Poll Backfires

· March 10, 2018 · 12:00 pm

The Twitter account @Bitcoin — an intentionally misleading account which only supports Bitcoin Cash (BCH) — recently tried to defame Bitcoin (BTC) in a poll on the popular social media website. Unfortunately for them, it didn’t work.


For those who aren’t aware, the Twitter account @Bitcoin actually has nothing to do with Bitcoin (BTC). Rather, the account uses Bitcoin’s name while pumping out anti-Bitcoin propaganda and shilling the dominant cryptocurrency’s largely-unwanted step-brother, Bitcoin Cash (BCH). As noted by Badbitcoin.org:

The Bitcoin account on Twitter @Bitcoin has been hijacked or bought by those scoundrels promoting the Bcash (Bitcoin Cash) Scam. Mail Order Explosives, Bitcoin, Scams – They do the lot! 1/8/18.

The borderline-scam account posted a poll on Thursday, asking which ‘Bitcoin’ Twitter users prefer. Of course, in doing so, the Twitter handle explicitly made biased and incorrect statements in an attempt to prove that Bitcoin Cash is the superior cryptocurrency. It backfired:

When all was said and done, Bitcoin (BTC) proved to be the overwhelming favorite, despite the Bcash scammers best efforts to undermine the dominant cryptocurrency. Out of 17,437 votes — a sizeable sample — 74% of users preferred the real Bitcoin (BTC) to Bitcoin Cash (BCH).

Additionally, the @Bitcoin Twitter handle was recently restricted on the popular social media site, though the reasons behind both the account’s restriction and restoration of permissions aren’t clear.


Bitcoin Cash — a hard fork of Bitcoin — largely markets itself as being ‘Satoshi Nakamoto’s real vision’ for Bitcoin and, in doing so, claims to be ‘the true Bitcoin.’ Meanwhile, misleading accounts like @Bitcoin on Twitter spew intentionally misleading information in desperate attempts to gain support.

As evidenced by the Bcash shill account’s own Twitter poll, however, many cryptocurrency investors view Bitcoin Cash as little more than an attempted hijacking of the Bitcoin brand by Roger Ver, Calvin Ayre, and others, to capitalize on the confusion of new investors.

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Bitcoin Cash, however, is making headway in one particular field. Recently, reports surfaced that, for the first time, Bcash is being accepted as a form of ransom payment by ransomware — intrusive software, which encrypts victims files and demands payment in return.

In other news, Ayre himself is launching his own Bcash-only vacation resort in Antigua, where he has primarily resided since being indicted by the US Attorney for Maryland on charges of illegal gambling and money laundering.

[Full disclosure: the author is a holder of Bitcoin (BTC)]

Which do you prefer: Bitcoin (BTC) or Bitcoin Cash (BCH)? Let us know in the comments below!

Images courtesy of Twitter/@Bitcoin, Bitcoinist archives

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Zář 17

Floyd Mayweather Fights in Bitcoin’s Corner

· September 17, 2017 · 3:30 pm

Boxing champion Floyd Mayweather has been spotted spending Bitcoin in California’s Beverley Hills proving that despite the coins recent bad press, that Bitcoin really has legs.

Floyd Mayweather caused more buzz in the cryptocurrency world when he posted a photograph of himself on Facebook and Twitter proudly sporting a Titanium Centra Card in a Beverly Hills shoeshop a few days ago.

Titanian Centra is a debit card for Bitcoin, Ethereum, and other cryptocurrencies. They are raising funds via an ICO, which is due to launch in 28 hours (at the time of writing) which according to their website promises to:

Allow real-time conversion of all supported cyrptocurrencies to give the user the ability to spend their assets in real time anywhere in the world that accepts Visa or Mastercard.

Floyd Mayweather’s Recent ICO Endorsements

This is not the first time that Floyd Mayweather has taken to social media in order to promote and speak out about Bitcoin, ICO’s and other cryptocurrencies. He posted on Instagram and tweeted the following just last month in the lead-up to his infamous and potentially final boxing bout with Connor Mcgregor:

Other ICOs he has promoted in the past were for sporting event and finance predicting company Stox and the Hubii Network. The Stox ICO raised $33 million dollars in just 34 hours and the Hubii network, a media tech and content company, hopes to raise $50 million with their ICO.

Other Celebrity Bitcoin Endorsements

Steve Wozniak

Gwyneth Paltrow, Steve Wozniak, Sir Richard Branson and Paris Hilton have all previously spoken out about their interests in the world of cryptocurrency and blockchain technology. The Woz admitting that he uses Bitcoin where he can, such as for hotels, whereas Paltrow is actively advising and mentoring Bitcoin entrepreneurs.

As the list of Bitcoin-endorsing celebrities grow, will we start to see increased trust and interest from a more mainstream audience of potential investors?  Let us know in the comments below.

Images courtesy of Twitter, Instagram, Wikimedia Commons