Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention

Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention

Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention

Earlier this year, divergent groups within the original Bitcoin community could not agree on a particular protocol to be implemented in scaling the platform. Those who sought bigger blocks therefore hard forked away from Bitcoin and created Bitcoin Cash (BCH).

Battle for supremacy

Since the creation of Bitcoin Cash in August 2017, there has been a tug on both sides of the divide and many key players and stakeholders have publicly taken sides based on reasons that are peculiar to them.

After the hard fork, Bitcoin Cash followed a general downward trend following its initial surge post-creation, while Bitcoin continued to smash the roof and set new record-highs repeatedly. Recently, Bitcoin retraced significantly over a short period of time – about $2,300 in just a few days. The difference between this dip and previous corrections was the corresponding surge in value of Bitcoin Cash which many people see as a direct rival to Bitcoin.

This Bitcoin Cash surge has caused formerly-neutral trading platforms like eToro to add Bitcoin Cash to their platform, with members paying a closer attention to developments around the cryptocurrency.

Which is the real Bitcoin?

Roger Ver is known as ‘Bitcoin Jesus’ due to the fervour with which he preached the Bitcoin gospel in its early days, but now appears as the main face behind Bitcoin Cash. He insists that his version of cryptocurrency, Bitcoin Cash, is the future of Bitcoin.

Ver tells Cointelegraph:

“Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.”

Currently, Bitcoin Cash has a market cap that is just about one-fifth that of Bitcoin, a daily trading volume of over half and a circulating supply that is slightly higher when compared to Bitcoin. Following the recent price fluctuations, the crypto community is beginning to pay closer attention to Bitcoin Cash.

Challenges are essential for growth

The CEO of Netcoins, Michael Vogel, sees Bitcoin and cryptocurrency as the world's largest and most ambitious open source project. The closest parallel, according to Vogel, is the open source nature of Linux, which is notorious for the sparring that happens between the backers of different versions of the software. Vogel believes that the rivalry between different camps of the Bitcoin community is just a temporary roadblock that will lead to a more robust and resilient technology.

Vogel says:

“I do not think the challenges and in-fighting between various crypto camps are a bad thing. In another way we're effectively witnessing democracy in action. These are, in part, simply growing pains of a new technology, but by blasting through these roadblocks Bitcoin also becomes more robust and resilient. This is why, in my opinion, Bitcoin continued to rally to all-time highs after the Bitcoin Cash fork during the summer; Bitcoin users have realized that "Bitcoin is still Bitcoin" any time a new fork occurs.”

Deliberate market influence

Dana L. Coe, Director at BitLox, sees the current situation as a deliberate action of market makers who are taking advantage of the tender stage of the crypto ecosystem. Coe tells Cointelegraph that the activity between Bitcoin and Bitcoin Cash is pure market volatility driven by rumors and speculation, which essentially drives all markets. However, he notes that in this case one can easily observe the market makers as they are quite obvious. This is especially so, as we have seen Bitcoin recover fully from the fall in price and subsequently break the $8,000 mark.

Coe says:

“The cryptosphere has come a long way, but let us not forget that compared to the economy as a whole, it is still small. Therefore, when actors from the larger national economies take an interest, crypto prices are most certainly to be subject to outsized influences. In the end, Bitcoin will stand or fall on the faith of it’s users and it’s users alone.”
 

Still more to come

Apparently, there is genuine attention being paid to the two most expensive cryptocurrencies at the moment. Most proponents have taken to social media to show support or criticize either Bitcoin or Bitcoin Cash, depending on which one they support.

Immediately after the hard fork, exchanges such as Bittrex, Kraken, ViaBitcoin and Bter all listed Bitcoin Cash on their platforms, after which its adoption seemed to have reached a plateau. But with more trading platforms listing Bitcoin Cash in the wake of its biggest push since creation, it is only normal to expect more developments around the community as time goes on.
 

Author: Iyke Aru

 

Posted by David Ogden Entrepreneur
David Ogden Cryptocurrency Entrepreneur

Alan Zibluk Markethive Founding Member

Implementing an Effective Email Marketing Campaign

email-marketing systemImplementing an Effective Email Marketing Campaign

The content of the emails should also be carefully considered. They should certainly highlight the products and services you offer but should do so without appearing to be a hard sales pitch. A writer with experience in writing this type of copy should be able to assist you in providing insightful and accurate copy which also entices the reader to find out more about your products and services.

Finally, your emails should provide the readers with a call to action. This should be a statement urging the reader to take a specific action such as making a purchase or researching a product.

During a email campaign addressed to your clients, members or mailing list subscribers it is also necessary to monitor it and know when your emails are actually read. The "Email Marketing Use and Trends Report: H1 2004" created upon the information collected from the MailerMailer's 70 million clients, proved the following:

1. Email checking
The same day you send the email – This is when most of your targeted audience ( 80% ) will receive and read your email. 95% of your target audience will receive and read your email after 6 days of delivery.

2. Failed Email
Sending out an email can fail: When one of your subscribers changes their email address without letting you know, if the email is marked as spam or if the email server of one of your subscriber(s) is not responding or it's offline.
A recent study proved that the failure rate when sending the first 5 emails to your subscribers is 6,6%, after you delete the invalid email addresses from your mailing list the failure rate when down to 3,9%.
Sending an email to government institutions will have a smaller failure rate ( 2,41% ), e-commerce companies ( 3,8%) and real estate agencies ( 4,19%).

3. Opening and viewing the email
It is already known and proved that sending an email to government institutions, telecommunication companies, ecommerce companies, real estate agencies, have the highest receiving and reading rate. Most of them receive and read your email within the first 48 hours.
Also, emails sent on Monday's have a bigger receiving & reading rate compared to the other days of the week.

4. Link clicking
Emails containing links were accessed in a proportion of 4,27%.
Even if a small number of emails are send during the weekend, the ones that were sent on Saturday ( 5,11%) and the ones sent on Sunday(5,54%) were received and read often then those sent during the week. In the same time, emails with a personalized subject were opened and read by more people than those that just had personalized content or those that were not personalized at all.

Be smart when sending out emails. Creating and maintaining a mailing list can be a very effective tool that you can use when running a web site or an online business.

5. Subtle Email Marketing

Everyday Internet users receive tons of emails telling them to buy certain products or visit particular websites. While these emails arrive in the inboxes of unsuspecting Internet users each day, most of them pay very little attention to these emails. That is because emails which are blatant advertisements are often viewed as spam. Most Internet users have very little tolerance for spam. Reactions to spam tend to range from simply ignoring the emails and having the email addresses blocked from sending future emails to reporting the emails to their Internet service provider for further investigation.

We realize many Internet marketers have difficulty keeping their email marketing subtle. Therefore, this article will provide some useful information on how email marketing can be kept subtle so it is not viewed as spam.

One of the most important criteria for ensuring your email marketing is subtle and will not be viewed as spam is to provide something of quality to the recipients. This may include insightful articles, interesting quizzes or other useful facts which members of the target audience are likely to find useful. When email recipients realize an email they received is offering them something worthwhile such as knowledge or information about a particular niche subject they are much more likely to spend some time reviewing the email because they will not consider the email to be spam. In addition to using the creation of this copy to convince recipients that the email is not spam, the business owners can also take advantage of this copy by providing subtle advertising. This may include product references in the articles or links to your website throughout the email.

Avoiding language which makes outrageous claims can also help to keep advertising quite subtle. Using superlatives and describing the greatness of specific products is likely to be viewed as blatant advertising. When this happens, it is not likely that website owners will believe there is validity in anything contained within the email because they will believe the entire email is simply one big advertisement for your products or services.

Another way to keep advertising subtle when running an email marketing campaign is to only send your email to those who are likely to be extremely interested in your products and services. This is important because when email recipients receive an email which does not reflect their interests at all, they are not likely to take the email serious and may view the email as a blatant advertisement. However, when the email is only sent to those who share a common interest the email seems more personalized. In this case the email recipients are not likely to view every product reference as a blatant advertisement because they understand there is sometimes a need to mention products or services.

Finally email marketing remains subtle when the content of the email is written as though it is not coming directly from the business owner. The copy may speak about the products and services as though they are being offered by a third party. This make the advertising seem more subtle because it does not appear to come directly from the business owner.

Finally, business owners can help to ensure their email marketing efforts are not viewed as blatant advertisements by keeping reference to your own website to an absolute minimum. Most Internet users often view links from one website to another strictly as an advertisement. For this reason it might be worthwhile for business owners who are marketing an email campaign to keep links to a minimum and to carefully weave these links into even the most quite benign copy.

The links should be provided as though they were only included to provide you with an opportunity to learn more about the products and not as a way to encourage you to purchase these products. It might be worthwhile to consider hiring a writer with this type of experience to ensure the copy conveys the desired message and has the desired effect on the email recipients.

Article by:
Brian Walters SEO

Skype: tuneup_bj

Brian Walters MarketHive

Markethive

Markethive Promotion

http://briansmarketing.net/

Alan Zibluk Markethive Founding Member