Bitcoin Cash SV [IOU] Market Cap Achieves $0.00 (BCHSV)

Daniel Fowler
November 19, 2018

Bitcoin Cash (BCH) traded down -18.77% against United States dollars in the last 24 hours interval ending 22:00 on November 14th EST.

Bitcoin.com now has around 0.75 exahashes of hashing power pointed towards the BTC chain.

We now see around 4.4 exahashes per second of hashrate on the Bitcoin Cash network, this compares to more than 50 exahashes per second of hashrate on the BTC chain.

Unobtanium (UNO) traded 2.6% lower against the dollar and now trades at $57.60 or 0.00905377 BTC. Lastly, the fifth position held by stellar (XLM) has a capitalization of around $4.8 billion and one XLM is trading for $0.25.

Many of Bitcoin's closest peers also slid Thursday, while Bitcoin Cash, which will split today into two coins, rose 1.5 per cent.

Counterparty (XCP) traded down 0.2% against the dollar and now trades at $3.49 or 0.00054858 BTC.

Sakura Bloom (SKB) traded 1.1% higher against the dollar and now trades at $0.0029 or 0.00000051 BTC.

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VeChain (VET) traded 0.6% lower against the dollar and now trades at $0.0076 or 0.00000136 BTC.

(BET) traded 0.8% higher against the dollar and now trades at $0.0179 or 0.00000320 BTC.

Namecoin (NMC) traded down 1.4% against the dollar and now trades at $0.56 or 0.00008810 BTC.

Qbao (QBT) traded down 13% against the dollar and now trades at $0.0273 or 0.00000487 BTC. The sides supporting Bitcoin SV and Bitcoin ABC have locked horns over the proposed changes to the BCH infrastructure. Its launch date was August 1st, 2017.

Now, it's only a matter of time before one of the three approaches crops up as the dominant solution - and along with that, secures its position as the new "real" Bitcoin Cash. Its split is created to entirely overwrite the network scripts of Bitcoin ABC and increase the block size of Bitcoin Cash from 32MB to a maximum of 128MB, all of which are expected to increase network capacity and scale.

Ver added that after the lead was established, Vitalik Buterin, the co-founder of Ethereum [ETH], and Charlie Lee, the founder of Litecoin [LTC], had both congratulated the Bitcoin Cash ABC team. "Claiming you are Satoshi and then threatening to sell everything to destroy the cryptocurrency is a lot like a kid who just lost a basketball game and walks away with the ball".

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