Wilma Woo March 22, 2017 5:00 am
Roger Ver has received a pre-hard fork trade offer worth up to 130,000 bitcoins in a bargain receiving heavy publicity.
According to a post of the Bitcointalk forum, a Bitcoin bagholder known as Loaded signed a message from a wallet containing 40,000 BTC.
In the message, Loaded challenges Ver to a one-to-one BTC/BTU trade in the event of a hard fork occurring.
@RogerVer lets make a deal, 1 for 1 trade. At least 60k, possibly up to 130k, my BTU for your BTC, the message reads.
The offer is open to Jihan Wu as well, Loaded continued in a further post.
Consider it primarily as a vote of no confidence in the Bitcoin Unlimited software and development team as it currently stands. Ill add the contingency that the deal is null and void if there are major changes to either.
Responding to the offer, Ver seemed enthusiastic.
This sounds like a great deal for both of us. I look forward to ironing out the exact details and terms, he said, adding he was too busy to confirm for the next two days.
While the trade cannot go ahead unless or until Bitcoin Unlimited becomes a separate chain, Ver has already signaled his own vote of no confidence in Core, statingin an interview with MadBitcoins at the weekend that he would dump his BTC holdings.
Rumored to have a total of around 300,000 coins, the trade would produce significant downward pressure on the price of BTC, though it seemsthat some whales will beready to scoop up Vers coins in no time.
Uncertainty over the future and its consequences is meanwhile filtering through the rest of Bitcoins best-known names.
Rhetoric first over the so-called UASF, then later changing Bitcoins proof-of-work algorithm, is now increasingly concerned with value protection.
In his latest blog posttitled For the Love of Bitcoin, entrepreneur and veteran commentator Vinny Lingham cited the old adage in investment that markets will stay irrational longer than you can stay liquid.
Roger Ver confirmed exactly what I wrote in [a previous post] A Fork in the Roadthat he will be dumping his BTC. That will send the market spinning, for sure, he added.
Bitcoin Unlimited meanwhile suffered another denial of service attack Tuesday, with its node count plummeting in minutes due to a bug occurring just six lines above the previous one, which halved node numbers last week.
Also predicting the forked future is Bitfinex, which is currently offering BTU futures at a rate of $351 per coin at press time. BTC futures, with the ticker BCC, aretrading at $720.
What do you think about Roger Vers trade? Let us know in the comments below!
Images courtesy of Twitter, Shutterstock, Coin.dance
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