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RE: The Crypt0 Minute #20 - Bitcoin Private & ZClassic Creator Now Trying Bitcoin Prime (April 29th, 18)

in #crypto-news7 years ago

Hey @Omar another video with some important news.I always like your video because the way you present the news to us.
Cryptocurrency hard forks have become a lot more common in the past few months. Virtually every major currency has its own hard fork right now, and it seems this somewhat popular trend will not slow down anytime soon. With Bitcoin Prime now looming on the horizon, there will be even more confusion in the cryptocurrency industry.
We don’t necessarily need more forks of Bitcoin which will get some initial hype and then drop off the radar completely.We do know Bitcoin Prime is an alleged fork of Primecoin and Bitcoin. That is a rather interesting development, as Primecoin is not something most people have kept tabs on after its initial hype in 2014 died down. Most people expected PrimeCoin to have been dead in the water by now, but it still has some sort of value and its trading volume is increasing as we speak. This is probably because of the Bitcoin Prime announcement, though, which may indicate that this is another attempt at manipulating both existing and upcoming cryptocurrencies.