CoinMarketCap Removes From Its Bitcoin Page

Avi Rosten
  • Coinmarketcap has removed the controversial from its BTC page.
  • Likely resulting from confusion surrounding bitcoin and bitcoin cash, this latest move will be seen by many as a victory for the BTC community

The Bitcoin (BTC) vs. Bitcoin Cash (BCH) dispute has again come to the fore with popular crypto-tracking website CoinMarketCap removing from its Bitcoin (BTC) page.

The move is somewhat recent, as using the Internet Archive we can see that on May 2, 2018 the allegedly misleading website was still there. While the company has released no official statement regarding the removal - it likely results from the confusion surrounding the URL and its association with Bitcoin Cash.

The website has been embroiled in controversy, as the popular cryptocurrency portal has been accused by many within the Bitcoin community of heavily promoting Bitcoin Cash over Bitcoin and encouraging the idea that BCH is the “true Bitcoin.”

Bitcoin Cash, a fork off the original Bitcoin blockchain, is seen by its proponents to be a truer expression of the original vision of Satoshi Nakomoto. Because its blocksize limit allows faster and cheaper transactions it is deemed to be more scalable and a better ‘real-world’ currency. As a result, its advocates often refer to Bitcoin as “Bitcoin Core,” and BCH as “Bitcoin.”

The disagreement has recently come to a head after substantially changed its “Bitcoin Cash is the real Bitcoin” narrative following efforts by Bitcoin users to sue the website and its CEO Roger Ver.

Using the messaging app Telegram, Bitcoin users gathered to organize legal action against the company – with some claiming that the site tricked them into buying BCH instead of BTC.

Although the lawsuit was recently shelved due to lack of funds, it has nonetheless created greater awareness on the confusion surrounding the rival coins - particularly for the average crypto-investor.

While the debate will no doubt continue, this latest removal of the website from such a prominent player in the crypto space will be seen by many as a victory for the Bitcoin community in the ongoing “war” between the two camps.

Feature Image Credit: "Bitcoin with Dollar in Background" by "Marco Verch" via Flickr; licensed under "CC BY 2.0"