That's right, 100,000%. This happened a few hours ago, and he is even giving away Bitcoin Cash. If you want to know more details, keep reading.
Roger Ver, the promoter of Bitcoin Cash and former CEO of Bitcoin.com, said that he would give away $ 5 worth of BCH to all his friends on Facebook, to extend the use of this cryptocurrency. The truth is that Bitcoin Cash is currently the fourth currency with the highest market capitalization.
This proposal happened a few hours ago, and Ver's argument is that he fervently believes that the value of Bitcoin Cash can increase by 100,000%. That is, consider that those US $ 5 that you are giving away today may be worth US $ 5,000 in the future.
For those of you who are not yet friends with View on Facebook, don't worry. This is because you mentioned that you would send those people the equivalent of a dollar in Bitcoin Cash. To do this, he only asked that they leave his BCH address on the Facebook post.
Without a doubt this gentleman, who has been in the crypto world since BTC cost less than a dollar, is attracting all the necessary attention to Bitcoin Cash with this strategy. Thus, the publication had more than 1700 comments and in all there is a wallet address.
This strategy was applied by Ver in 2011 when he did something similar, but to promote the use of Bitcoin (BTC). However, he has mentioned on a few occasions that obviously what is known today as Bitcoin does not have the characteristics that he was so excited about at some point. Then he reiterated that "Today the coin that originally got me so excited is called BCH."
Analysis of your claims about Bitcoin Cash
The current price of BCH is US $ 291.57. If Ver's estimates are true, the value of the coin would have to exceed US $ 291,570. Obviously, he did not give a date or estimate for when we could expect this reality.
Specifically, if we were to refer to the growth rates of Bitcoin Cash in recent months and weeks we would see that the reality is different. What Ver claims still seems to be a somewhat remote or very long-term scenario.
What happens is that after the sudden drop in the price of Bitcoin Cash 35% at the end of the month of September, the price was trying to recover for about a month. The date on which it began to rise again was October 24, starting at US $ 209. For its part, the lowest price registered in the last 30 days was US $ 203 and the highest of US $ 304 that was hit last week.
This is very very old bch is not at 290s