Bitcoin Cash Gains More Support

It’s been a crazy ten days for bitcoin enthusiasts as the network had its first high profile hard fork that split the network into two. During the first week, the Bitcoin Cash blockchain has pushed forward, and the currency’s market is thriving. Now two cryptocurrency payment processors, the Living Room of Satoshi, and Rocketr have announced supporting BCH on their platforms.

Also read: Gold Bug Peter Schiff Says ‘Cryptocurrency Market Signals Are Wrong’

Bitcoin Cash Network and Market Thrives

Bitcoin Cash Gains More Support
Bitcoin cash is ten days old.

The Bitcoin Cash (BCH) blockchain is moving along processing blocks and is currently thriving as a network. So far there’s been 408 blocks found on the BCH chain, and the currency has been trading heavily on exchanges. At the moment, bitcoin cash is trading at $300 per BCH and has the fourth largest cryptocurrency market cap. There are a lot of exchanges and cryptocurrency wallet providers that have decided to support the BCH network so far. Moreover, other types of operations like the marketplace Purse has also announced BCH distribution for customer funds held on the platform.

More Cryptocurrency Based Platforms Start Supporting Bitcoin Cash
Bitcoin marketplace Purse.io will distribute bitcoin cash to customers who held funds on the platform pre-fork.

Digital Product Marketplace Rocketr Customers Can Now Use Bitcoin Cash at the Webstore

Bitcoin Cash Gains More SupportThis week the digital products marketplace Rocketr has announced customers can utilize BCH on the webstore. Rocketr is a e-commerce platform for selling and delivering digital goods like files, programs, activation codes, software, and other services. The startup was founded in 2016 by Rob Danielson and accepts Paypal, bitcoin, ethereum, Stripe (credit cards), and now bitcoin cash. The company announced adding the currency on August 9 on Twitter stating;

We’ve just enabled bitcoin cash as a payment option. Accept it in your webstore today.

Bill Pay Platform Living Room of Satoshi Accepts Bitcoin Cash  

Another cryptocurrency startup called the Living Room of Satoshi has also revealed users can utilize BCH on the bill paying platform. The company founded in 2014 is a payment processor that allows Australian residents to pay electricity, rego, phone, and credit card bills. The Living Room of Satoshi announced supporting the currency on August 7. Since then people have slowly started using BCH to pay their bills with the Australian startup’s platform.

You can now use your bitcoin cash to pay your bills or cash out to a bank account at Living Room of Satoshi!  

More Cryptocurrency Based Platforms Start Supporting Bitcoin Cash

So far it’s been a pretty decent week for bitcoin cash considering all the obstacles and its slow start. Further, news.Bitcoin.com reported that Overstock.com customers can utilize BCH at that marketplace thanks to Shapeshift integration. The cryptocurrency still has a long way to go for a nascent network that’s only a week old but despite all the naysayers, its seems BCH is here to stay.

What do you think about the businesses that have announced bitcoin cash support? Let us know what you think in the comments below.


Images via Shutterstock, Rocketr, Living Room of Satoshi, and Bitcoin.com.


At News.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.  

  • Ralph Pohl

    I got some from the split and I am just going to let it sit till the first of the year and see how it goes.

  • FLIPPED Most of mine at around $750-$800. HODL just a small inventory. Selling on the next upswing. 🙂

    • Oni Sazo

      lol yeah the market always follow you

      • No. The market NEVER follows me. I tell ya. Some people in social media say some of the craziest thing. I basically wrote what I DID and what I PLAN TO DO. Yes I sold high. And yes. I did the HODL dance. And YES, I am selling on the next upswing. Ya got a problem with my actions or my plan?

  • If you already support an Altcoin, why not offer support for BCH like any other. Having more adoption will help just like it would with any other Altcoin.

    • meltorgamblor

      It’s not an altcoin, it’s half of bitcoin. Soon it may be the only surviving half, which would make it just bitcoin.

      • Don’t get me wrong, trying to be supportive. I hope it grows to be what was promised and designed to be.

        • meltorgamblor

          Lol me too. Satoshi’s dream 😉

  • I’m straddling the fence in the long term. I want to support market competition, and I think something close to Satoshi’s vision should be a part of that, for now. I’m not sure what will become of larger blocks or sidechains, and don’t want to see any bridges burned. I think the hard fork was a good thing, and not because of any hatred of Core Devs (though there seems to be a lot of arrogance there.) HODLing both long-term, though I can imagine spending some of each (maybe accumulating.) I think it needs to be used as much as held.

  • Honorable Optimist

    Bitcoin cash to the moon

  • Russell Spears

    No doubt the vast majority of BTC holders are still without access to their BCH….

    To say that there is any kind of real support is premature at best

    • meltorgamblor

      Real support is apparent at the exchanges; BCH would have collapsed without it.

      • Russell Spears

        We already know that a huge portion of Bitcoin was held in the hands of strong hands that have been through much more divisiveness than what this hard Fork brought.

        Most of these people in my opinion have not tried to move they’re Bitcoin cash because it may be locked up anyway that they can’t get to it or that they have so much of it that it will take quite a bit of time to move them.

  • Greg Campbell farms.

    I just today got around to claiming my BCH created by the fork and immediately started wringing my hands over what to do with it. And it suddenly occurred to me….. It’s found money! So why not let it go for the ride?