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Author Topic: Roger Ver resurfaces on Twitter, backs doge and bitcoin cash  (Read 105 times)
Oshosondy (OP)
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April 29, 2022, 10:21:22 AM
Last edit: April 29, 2022, 10:33:05 AM by Oshosondy
 #1

Roger Ver, the owner of Bitcoin.com, the main person behind the bitcoin cash hardfork? I haven't know much about bitcoin at that time, but there was hardfork and bitcoin cash blockchain was created. He claimed bitcoin cash is bitcoin, it was even like that on his website which made people thought that bitcoin cash was bitcoin until last year, confusing people but failed.

After all, bitcoin remains bitcoin, bitcoin remains the dominant coin, bitcoin cash was third even in 2019 and 2020, but many altcoins came, push bitcoin cash down further as bitcoin cash just want to copy bitcoin, forgetting it is altcoin while other altcoins have better approach to attract people and bitcoin cash dropped significantly.

After all his failure.
Elon MusK bought Twitter and he is supporting doge. Roger Ver in an interview (first link and quote). He tweeted (second link and quote) that:

“Dogecoin is significantly better, it’s cheaper and more reliable [than Bitcoin]. If I had to pick three contenders for the world’s dominant cryptocurrency, they would be Doge, Litecoin and Bitcoin Cash.”

If regular people are all using custodial wallets, Bitcoin will have lost a key property that made it so revolutionary.

I was shocked to see this on Twitter, I was not shocked about bitcoin, we do not have to debate on that, bitcoin is the most dominant of all existing cryptocurrencies, but what I was shocked about is that a bitcoin cash advocate with bitcoin cash having its own blockchain and noncustododial wallets can tweet in support of what can make privacy not to exist which is centralized exchanges, all because of his selfish thinking and ambition. He failed with bitcoin cash and now want to use doge, also using Elon Musk influence on doge to make people buy bitcoin cash. He will fail again and again.

On noncustododial wallet, the transaction fee can be less than $0.1 to $1.
On exchanges, the fee can be high as $25, $50 or more.

Let us just leave it like that, bitcoin price, transaction weight and mempool determines bitcoin transaction fee, but we can assume those value as just an estimate of what is happening recently if talking about fee.

Exchanges are the thieves, but accepted by some people if the exchange keep their bitcoin very well, but there is always data leak, exchange hack and people do not have complete control of their coins on the exchanges.

Now Roger Ver want to mislead may people with his tweet. 

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April 29, 2022, 11:08:17 AM
 #2

Wow!
How could any of this be related to the price of the DOGE which is pumping back and forth? An amazing opportunity for investors to jump-pump-dump. With Elon Musk the future head of Twitter who would definately try and manipulate people somehow and the whole cycle will repeat and the rich will get richer.
Have you seen the headlines where people are saying how he is "endorsing" Elon Musk. I do think this is just an indirect advertising. His key point is the usage of *custodial wallets*, if DOGE becomes that famous as well and the price jumps, people would still be forced by the government to use such wallets and at the same time it's not going to get off the hook, same fate awaits. It's just seems as an advertising campaign.

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April 29, 2022, 11:14:06 AM
 #3

Now Roger Ver want to mislead may people with his tweet. 

He just picked some coins, added his one to the bucket and started writing... things, that have a big potential to get people come and correct him or argue with him.
I think that his main goal is to create a bit of drama, hence making people talk about him. And.. we've just started doing that. Yet again.


And Doge price was affected only by Musk buying Twitter. Ver doesn't matter in that equation.

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April 29, 2022, 11:18:38 AM
 #4

To be honest, I'd ever-so-slightly root for DOGE because it's it's a meme and it has decent historical relevance (though I'm not planning on owning any). But Litecoin and BitcoinCash in 2022? Man, I hope he's a fan of losing money.


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April 29, 2022, 12:27:23 PM
 #5

This probably means he's started to give up on bitcoin cash though finally - you wouldn't root for 3 teams if yours was doing well?

I don't think he looked very far for a different altcoin though. He could've at least attempted to search for one that was doing things differently or something (eg different mining algo/privacy coins).
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April 29, 2022, 01:07:30 PM
 #6

Honestly, this backing is worth as much as a chocolate fire guard. Doge has no comparison to Bitcoin whatsoever, Bitcoin actually stands for something, and is providing something that traditional money doesn't. Doge, is ultimately a joke, and I don't mean that as an attack, that is exactly what it was, and remains as so.

To be honest, I'd ever-so-slightly root for DOGE because it's it's a meme and it has decent historical relevance (though I'm not planning on owning any). But Litecoin and BitcoinCash in 2022? Man, I hope he's a fan of losing money.
It's annoying though, that people are claiming Doge will out perform everything else, and I do believe its no longer a meme in a lot of people's heads, they've just fallen for the sarcastic trend that was going on to promote Doge as the new revolution.

Sure, you could potentially make a profit on it, but its not by any technical merit whatsoever, and eventually it'll fall flat on his face, the problem is something as equally as silly will likely replace it.
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April 29, 2022, 01:23:45 PM
 #7

Oh wow, I forgot about this guy because it's been a while since his last appearances in my informational space. I decided to start by refreshing some of his earlier views. He's been a Bitcoin cash supporter for a while, so nothing surprising there. In February 2020, he said he believed BCH would go 1000-fold up. Back then, the price was $450 per coin. The highest it went since that time was in May 2021, and it was a little over 3x. Right now, the price is $300, so even 30% lower than it used to be at the time of his bullish prediction.
Then what he's saying now also seems kind of old because Doge being cheap and flexible has been a feature for a while, but even excessive attempts by Musk didn't bring Dogecoin to global adoption. And I agree with the op that his point about custodial wallets isn't nice.

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April 29, 2022, 01:32:39 PM
 #8

Then what he's saying now also seems kind of old because Doge being cheap and flexible has been a feature for a while, but even excessive attempts by Musk didn't bring Dogecoin to global adoption. And I agree with the op that his point about custodial wallets isn't nice.
For me, and this is only an assumption on my behalf. I genuinely believe that Elon was somewhat trolling. He always likes to take the mic a little bit, and it isn't out of character for him to basically shill something that hasn't got any technical merit at all, into something that is going to take over the future. However, when Roger Ver does it, I genuinely believe he probably does think its the future, since its consistent with his general beliefs involving cryptocurrencies in the past.

I'd probably eat my hat if Doge ever got anywhere near global adoption, I'm not even sure Bitcoin can do it, depending on what your definition of global adoption is, of course.
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April 29, 2022, 02:52:36 PM
 #9

It's annoying though, that people are claiming Doge will out perform everything else, and I do believe its no longer a meme in a lot of people's heads, they've just fallen for the sarcastic trend that was going on to promote Doge as the new revolution.
Annoying for sure, but ehh I'm going to bet 90% of those people making those claims are just dumb kids doing dumb stuff. Sometimes people need to learn the hard way like a lot of people(including me) did in the 2017 shitcoin bull run. It's not like we should advocate for some sort of ban from the government, right?

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April 29, 2022, 02:52:58 PM
 #10

It was just a question of when this Judas will appear after Faketoshi made small waves with his interview - so this board becomes the place where we discuss Faketoshi, Roger Ver Judas or Mr. Mars? All of them are completely irrelevant to Bitcoin, and as far as I'm concerned, they can all sit together in a rocket and launch on Mars, no one will miss them Wink


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April 29, 2022, 03:23:41 PM
 #11

Now Roger Ver want to mislead may people with his tweet. 
I think that his main goal is to create a bit of drama, hence making people talk about him. And.. we've just started doing that. Yet again.
This was also in my mind while reading the line of the post quoted above, it seems he wants to seek attention and to create drama that anyone argues with him.  But the fact is, people have learned and already know which is a better coin that gives a true meaning of decentralized.  Not a centralized crypto that he created (claiming better than Bitcoin) and now it was failed.

I didn't surprise if one day Bitcoin cash and Dogecoin shilling on Twitter and it might this is the hidden agenda why Roger Ver making such noise on Twitter.
There's nothing we can do for both of them, they're all against Bitcoin and I think we shouldn't discuss them.

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April 29, 2022, 03:38:36 PM
 #12

If regular people are all using custodial wallets, Bitcoin will have lost a key property that made it so revolutionary.

I was shocked to see this on Twitter, I was not shocked about bitcoin, ..., but what I was shocked about is that a bitcoin cash advocate with bitcoin cash having its own blockchain and noncustododial wallets can tweet in support of what can make privacy not to exist which is centralized exchanges, all because of his selfish thinking and ambition.

I think you misread his tweet. I agree with it.

The first sentence of the Bitcoin white paper is "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." If everyone holds their bitcoins on exchanges, then what would the purpose of Bitcoin be?

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Dimon6969


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April 29, 2022, 03:55:02 PM
 #13

Wow!
How could any of this be related to the price of the DOGE which is pumping back and forth? An amazing opportunity for investors to jump-pump-dump. With Elon Musk the future head of Twitter who would definately try and manipulate people somehow and the whole cycle will repeat and the rich will get richer.
Have you seen the headlines where people are saying how he is "endorsing" Elon Musk. I do think this is just an indirect advertising. His key point is the usage of *custodial wallets*, if DOGE becomes that famous as well and the price jumps, people would still be forced by the government to use such wallets and at the same time it's not going to get off the hook, same fate awaits. It's just seems as an advertising campaign.

I read some article and in fact this is already popular news that Elon is showing sign of backing on the twitter acquisition deal after he break some terms on the agreement with twitter. Musk looks like playing with twitter news while Doge supporters use this as an opportunity to buy the news and dump to late buyer.

On the other hand. Looks like Roger ver wants to gain again supporters from the Dogecoin community which is known for being a blind follower. Ver might attract investors by doing this kind of endorsement with doge.


News Article About Elon and Twitter Issue: https://www.latimes.com/business/story/2022-04-28/is-elon-musk-already-looking-to-get-out-of-the-twitter-deal

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