Topic: Does the lawsuit of Bitcoin.com affect Bitcoin prices? (Read 150 times)
For only a little, I believe, since the market had managed to shrug things off and that doesn't have any relevant connection to bitcoin or whatsoever since it's BCH who'd take a beating from the lawsuit. But since this is the crypto world, traders would make a big deal out of it and pretend a signal is made. Once that signal is picked up, traders would then pretend it"s the news that created the trading action. It's just a small ripple in the pond, though, and wouldn't pose a huge trading scene if you ask me.
No it won't.. because bitcoin.com has no power or whatsoever over the price of bitcoin.. the law of demand and supply however does affect the price of bitcoin and a host of other affects
They actually do affect the price, even though the effect is very very very low that it's unnoticeable. Bitcoin.com advertised Bitcoin Core as BTC and Bitcoin as BCH, so what did some people do? Buy "bitcoin" ofcourse, without them knowing that BCH isn't really the original Bitcoin. That's low-key trickery to increase bitcoincash's price.
No it won't.. because bitcoin.com has no power or whatsoever over the price of bitcoin.. the law of demand and supply however does affect the price of bitcoin and a host of other affects
The lawsuit isn't even going to happen anyways.
MoneyTrigz and company had no intention of ever filing suit. He only involved himself because he's desperate for social media attention.
I don't believe it is affecting Bitcoin prices - and if it does, it won't be good for BTC.
Since it's a non-event, it doesn't affect the price. If the lawsuit were actually happening and the media piled onto the "Bitcoin.com vs. Bitcoin angle" then i could see it having a negative effect on the market.
Recently, i knew about the Lawsuit of the Bitcoin.com issue, so i really want to know about Does the lawsuit of Bitcoin.com affect Bitcoin prices? 
I don't believe it is affecting Bitcoin prices - and if it does, it won't be good for BTC. I have heard on good account that the lawsuit enjoys very little support and that beyond name calling, they have little to fall back on.
P.S. Roger Ver responded to the haters yesterday: https://youtu.be/quJctIjKoi0
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First of Roger Ver can go to hell.
Bitcoin was here first...his shitty alt coin bth can go with him too.
Bitcoin was here first and will be the only Bitcoin no matter the amount of propaganda he comes up with.
That being said..no the lawsuit should in no way affect the price of bitcoin at all...nothing has changed in bitcoin except Ver slandering it.
Bitcoin was here first...his shitty alt coin bth can go with him too.
Bitcoin was here first and will be the only Bitcoin no matter the amount of propaganda he comes up with.
That being said..no the lawsuit should in no way affect the price of bitcoin at all...nothing has changed in bitcoin except Ver slandering it.
It's going to positively help by ensuring that people are buying the correct coin. So yes, it will affect bitcoin's prices, but will it be noticeable? Definitely not. It affects the price in a very very very small manner. But in the end, what's good about it is that people wouldn't be buying the wrong coin(as they used to list bitcoin as BCH); hence, we're probably going to see a lot less people complaining that they've bought the wrong coin(though I don't see people complaining here).
Every time the price suffers one dramatic change, the people begin to look for reasons. There are always going to be found many reasons, Chinese's New Year, the Taxes period, Bill Gates, God, Google and Facebook banning ads, and a long etc.
Bitcoin price is based on many factors, but, among them, the most important is the selling/buying orders, and (maybe) the fees per transaction.
Of course, regulations, big exchanges being hacked and so can modify its value, but this is not the mean factor.
As I said, you can always find many many explanations for the BTC price, but they are going to be, mostly, subjective.
Bitcoin price is based on many factors, but, among them, the most important is the selling/buying orders, and (maybe) the fees per transaction.
Of course, regulations, big exchanges being hacked and so can modify its value, but this is not the mean factor.
As I said, you can always find many many explanations for the BTC price, but they are going to be, mostly, subjective.
The price of Bitcoin is affected by any negative or positive news about any restrictions or processes in the market of cryptocurrency. The question is, how much it affects. I'm sure that the process with bitcoin.com did not affect the price. Little weight.
Bitcoin.com is a BCH website. A lawsuit from a few users who don't want them claiming BCH to be the real Bitcoin wouldn't do anything with the price.
The lawsuit isn't even going to happen anyways.
The lawsuit isn't even going to happen anyways.
I seriously doubt that it will. That rift has always been there, so it's not like the animosity is anything new. It just so happens that Bitcoin.com gave those who opposed it an opening to actually file a lawsuit. It's also internal and has nothing to do with Bitcoin itself, so outside people who want to enter the market can do so without even knowing what the lawsuit is about, much less use that as a reason not to get involved.
Recently, i knew about the Lawsuit of the Bitcoin.com issue, so i really want to know about Does the lawsuit of Bitcoin.com affect Bitcoin prices?
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