GMO coin, the trading office of Japanese-owned digital goods GMO Internet, Inc. according to reports, it is clear that bitcoin cash ABC is its preferred choice between the two versions of November 15, 2018, rigid fork. The BCHABC trade should resume on December 4, 2018, according to Finance magnates report on 3 December 2018.
The GMO coin takes over the BCHABC trade
The battle for the supremacy between the two bifurcated versions of bitcoin money, the bitcoin money ABC (Adjustable Blocksize Cap BCHABC) and the bitcoin money SV (Satoshi Vision BCHSV), it is all but finished. Exchanges and trading venues are doing theirs position clearer every day that passes.
For Finance magnatesThe Japanese GMO stock exchange has become part of the growing list of cryptocurrency exchanges in support of BCHABC, as the platform has resumed trading the altcoin after a brief suspension after the November 15 fork.
Second sources close to the development, the representatives of the cryptocurrency trading site had previously stated categorically that BCHABC is the most recognized version of the two competing currencies and as such, will be the only one BCH variant available for trading on the platform.
"In our company, the one shown as BCH indicates a Cash Bitcoin called BCHABC," read a comment coarsely translated by GMO Coin spokesman.
Guided by Roger Ver and supported by some heavyweights in cryptospace included Bitmain, Binanceand Coinbase, the bitcoin money ABC has some improvements that make it support "the use of oracles and cross-chain atomic contracts" and more.
On the other hand, the SV movement of bitcoin cash is supported by controversial figure of bitcoin, Craig Wright, CoinGeek, Bitcoin.org and others who believe that BCHABC does not work in line with Satoshi's vision.
Endless controversies
From his birth on 1 August 2017, bitcoin money supporters have not stopped saying that digital heritage is the real thing vision of Satoshi Nakamoto, and have used various both ethical and immoral means to promote the controversial altcoin.
Such as reported of BTCManager in April 2018, a group of cryptocurrency fans criticized Roger Ver's immoral bitcoin marketing strategies, threatening to file a lawsuit against the controversial "Bitcoin Jesus" for deliberating to misuse the bitcoin name on the his website, thus deceiving the encrypted newbie in the purchase of the wrong bitcoin.
"Bitcoin Cash (BCH) is selling like Bitcoin (BTC), causing consumers to believe that they are buying Bitcoin at a lower price," said Misha Guttentag, a law graduate of Yale 2017 at the time.