Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin
BTC $
68,03
ETH $
68,03
14.11.18
Articles

What Hindered Massive Adoption Of Bitcoin? Craig Wright’s Version

Craig Wright recently talked to Tone Vays, one of the most famous bitcoin followers. Self-proclaimed Satoshi Nakamoto went negative on the upcoming Bitcoin Cash hardfork.
According to him, the team of Bitcoin SV opponents will have tough time and the crypto community should not count on massive adoption of bitcoin.

How Satoshi Tries To Kill Bitcoin

Wright claimed that Silk Road’s case has nothing to do with the process of adoption of the main cryptocurrency. To recap, Silk Road was a trading platform in darknet where one could find weapon, drugs and even contract killing. In due time, Silk Road flourished. Bitcoin was the only payment method, thus, it gained popularity, too.
Finally, the Silk Road’s case was closed after FBI managed to find the platform’s creator Ross Ulbricht who got the life sentence and became very popular. However, Craig Wright denies Ulbricht’s indirect involvement in Bitcoin’s growth.
He says that cryptocurrency adoption started not with Silk Road. The first prototypes of electronic money of 90-s were used by the banks for the first three years. It turns out that, in fact, Silk Road killed bitcoin. If there was no Silk Road, 500 million people would constantly use cryptocurrency now.
Moreover, all the Bitmain mining giant’s problems are created by Craig Wright, too. He noted that his company nChain bought most of producer’s ASICs. Once it stopped doing it, Bitmain’s income dropped and the company ran into debt.
Hopefully, Bitcoin Cash will be hardforked successfully and it won’t become a disaster because of claims of fake Satoshi.