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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Pro 20

Evidence Emerges of CNBC Collusion with Roger Ver, BCash

· December 20, 2017 · 5:30 am

Mainstream news network CNBC is under intense scrutiny as evidence emerges its senior staff used connections to plug Bitcoin Cash (BCH).

CNBC On BCash Rise: ‘Deal With It’

As Bitcoin prices dropped below $17,000, BCH, which is also known as BCash, suddenly shot up in value on US exchange Coinbase, hitting around $9000.

The average price of 1 BCash coin across major exchanges is now almost $3500, a rise of 45% in 24 hours.

While the events unfolded, CNBC, which had controversially hosted major BCash proponent and Bitcoin critic Roger Ver on its TV network, began broadcasting tweets of a highly suspicious nature compared to its usual tone.

The tweets, according to cryptocurrency commentator WhalePanda among others, were compiled under the auspices of marketing and partnership manager Gaby Wasensteiner, whose husband, Paul Wasensteiner, is executive director of the so-called ‘Bitcoin Cash Fund.’

“(Roger Ver) aka Bitcoin Jesus joins us tomorrow to discuss the biggest change to the crypto world since time was invented! Must see TV.. (Bitcoin Cash) is here… deal with it!!” the first such tweet reads from CNBC Fast Money’s official account.

Critical responses received answers including “deal with it” and threats to unfollow those who did not agree with CNBC’s pro-BCash perspective.

BCash’s Wasenstein ‘Took Over’ CNBC Twitter

So unusual is the style and lack of neutrality of the news network’s tweets that cried of foul play are currently echoing through the cryptocurrency community.

“Collusion” between the Wasensteiners and Ver himself is an increasingly conspicuous narrative, with users on Reddit noting Paul Wasensteiner is also the founder of a London BCash meetup.

WhalePanda meanwhile continued the suspicions, arguing it was in fact Paul who orchestrated the CNBC tweets.

“What I’m saying is that her husband is actually tweeting,” he clarified.

The sudden burst of what is known in the cryptocurrency industry as ‘shilling’ – a concerted yet often covert effort to increase or decrease the reputation of a coin or entity – marks a new turn in rival coins’ ability to manipulate broader market sentiment.

What do you think about CNBC’s BCash tweets? Let us know in the comments below!

Images courtesy of Twitter, Shutterstock