During one of his anti-Bitcoin tirades, nChain scientist Craig Wright, who claims to be the man behind the Satoshi Nakamoto pseudonym, made a bold prediction that BTC would go down in flames the following year due to a fatal flaw in its code.
"...they will learn next year that there is a fatal flaw in BTC and by fatal I mean there won't be any BTC by the end of next year."
As expected, this was nothing more than fearmongering from the self-proclaimed Satoshi Nakamoto. Bitcoin is still alive and well at the end of 2019 as its network continues to grow stronger.
Wright will also have to eat his words one more time unless the price of his beloved Bitcoin SV (BSV) fork touches $1,200 by the end of the year. Wright stated that there was a 97.8 percent chance that such an outlandish price forecast would come to fruition.
Considering that BSV is currenlty changing hands at $97.29, it would take a mammoth-size 1,137 percent price increase to propel it to Wright's target by the end of this year.
Meanwhile, BTC, which was predicted to go back to $0.10 by Wright, is still up by more than 95 percent this year, currently sitting at $7,252.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.