Cobra “Controversially” Praises Bitcoin ABC as Bitcoin Fork Plays out in Favour of BCH ABC

Cobra “Controversially” Praises Bitcoin ABC as Bitcoin Fork Plays out in Favour of BCH ABC

As the battle lines were drawn between BCH SV and BCH ABC, the comments of Cobra Bitcoin, the anonymous handler of the bitcoin.org website became the point of discussion. Cobra kept dwindling between ABC and SV and never took a clear stand- It first supported ABC and then moved to SV. And now when ABC’s fork seems to have come out successful Cobra has moved in support of ABC.

Cobra bitcoin unable to take a stand?

November 15th 2018 will go in the history books of cryptocurrency not just for the Bitcoin Cash Fork but also for all the drama it gathered around eventually splitting the Bitcoin Cash into two separate chains- Bitcoin Cash ABC [IOU] and the Bitcoin Cash SV [IOU].  And as per initial hash rates and blocks created, Bitcoin Cash ABC seemed to have had a better of Bitcoin Cash SV. At the time of reporting Bitcoin Cash ABC was up over 12 percent while Bitcoin Cash SV was languishing down more than 50%

Source: Coinmarketcap

But in all this drama, a voice that mattered the most was that of Cobra Bitcoin. But like everything else in this drama, Cobra Bitcoin to failed to take a stand as it kept dwindling between the ABC and SV.

In August when all the steam around the fork had started to gather, Cobra Bitcoin had announced its support for Bitcoin Cash and announced that he would also release an implementation for the Bitcoin Cash blockchain.

In September Cobra again tweeted that Bitcoin Cash wasn’t forking in November and it was ABC and SV’s clients leaving the protocol to create their own.

But as November arrived Cobra cleared its stance an moved toward Bitcoin Cash SV. It tweeted

It even went on to call Bitcoin Cash SV the real Bitcoin Cash

But as the event played out and ABC inched ahead Cobra Bitcoin, did tweet in favour of ABC, praising ABC’s strength in hashing war and comparing it invading in Russia during winters.

While most tweets look in favour of Bitcoin Cash SV, this sudden praise for ABC is something confusing. Like always Cobra has continued to play the controversy card

Will Cobra switch sides to ABC or will it continue to support Bitcoin Cash SV? Do let us know your views on the same.

Summary
Article Name
Cobra “Controversially” Praises Bitcoin ABC as Bitcoin Fork Plays out in Favour of BCH ABC
Description
As the battle lines were drawn between BCH SV and BCH ABC, the comments of Cobra Bitcoin, the anonymous handler of the bitcoin.org website and a controversial and untrusted figure in the Bitcoin Cash Community, matter the most. But Cobra kept dwindling between ABC and SV and never took a clear stand- It first supported ABC and then moved to SV. And now when ABC’s fork seems to have come out successful Cobra has moved in support of ABC.
Author
Publisher Name
Coingape
Publisher Logo
Coingape is committed to following the highest standards of journalism, and therefore, it abides by a strict editorial policy. While CoinGape takes all the measures to ensure that the facts presented in its news articles are accurate.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Author: Nilesh Maurya
Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Follow him on Twitter at @KoinKing1 or connect with me on linkedin.
Post your comment...
Nilesh Maurya 688 Articles
Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Follow him on Twitter at @KoinKing1 or connect with me on linkedin.
Follow Nilesh @