Bitcoin Cash Shoots Past Ethereum to Second Biggest Cryptocurrency Position
- After BTC to BCH became the most popular transaction on Shapeshift the exchange had to suspend Bitcoin trading.
Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Cash (BCH) has roughly doubled its price since we last reported on it on Friday. The price of the recently forked cryptocurrency has reached a price level near to $1800, giving it a market value of about $30 billion - 30% that of the original Bitcoin (BTC) and higher than Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term.
Congrats on this. Seriously. @rogerkver @JihanWu @deadalnix pic.twitter.com/UXYdEcRn4y
— Vitalik Buterin (@VitalikButerin) November 12, 2017
#BitcoinCash is what I started working on in 2011: a store of value AND means of exchange. https://t.co/OPC3TQ2fQK
— Roger Ver (@rogerkver) November 11, 2017
Bitcoin and Bitcoin Cash will coexist and serve different use cases, just like Bitcoin and Ethereum. Its not a zero sum game. Work on building your project, not on destroying the other
— Andreas (@aantonop) November 12, 2017
Meanwhile the BTC/USD rate has been crashing, falling from a high of almost $8000 to under $6000. The reason most investors associate with this trend is that some backers of the now cancelled SegWit2x are switching their support to Bitcoin Cash. This in turn has lead for huge demand for BCH, mainly by Asian traders.
After BTC to BCH became the most popular transaction on Shapeshift, the instant exchange had to temporarily suspend Bitcoin trading due to a huge backlog of orders leading to a flood of complaints about delays from users.
Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Cash (BCH) has roughly doubled its price since we last reported on it on Friday. The price of the recently forked cryptocurrency has reached a price level near to $1800, giving it a market value of about $30 billion - 30% that of the original Bitcoin (BTC) and higher than Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term.
Congrats on this. Seriously. @rogerkver @JihanWu @deadalnix pic.twitter.com/UXYdEcRn4y
— Vitalik Buterin (@VitalikButerin) November 12, 2017
#BitcoinCash is what I started working on in 2011: a store of value AND means of exchange. https://t.co/OPC3TQ2fQK
— Roger Ver (@rogerkver) November 11, 2017
Bitcoin and Bitcoin Cash will coexist and serve different use cases, just like Bitcoin and Ethereum. Its not a zero sum game. Work on building your project, not on destroying the other
— Andreas (@aantonop) November 12, 2017
Meanwhile the BTC/USD rate has been crashing, falling from a high of almost $8000 to under $6000. The reason most investors associate with this trend is that some backers of the now cancelled SegWit2x are switching their support to Bitcoin Cash. This in turn has lead for huge demand for BCH, mainly by Asian traders.
After BTC to BCH became the most popular transaction on Shapeshift, the instant exchange had to temporarily suspend Bitcoin trading due to a huge backlog of orders leading to a flood of complaints about delays from users.