I just want to say that I don't own any BSV and I sold it as fast as possible after the fork. In other words I'm not pro-BSV and I don't like CSW or CA however this delisting is setting a dangerous precedent.
- Binance's official motivation to delist BSV is bullshit. That exchange has no moral ground on which they can ask for BSV delisting as long as it has no issues listing all kind of scammy altcoins, not to mention running a Ponzi-lite scheme with Binance Coin (their execution is stellar but that coin should not be in top10 crypto).
Per CZ Binance's twitter on 12 Apr 2019: "I normally don't like get involved in debates, pick sides, etc. But this is going too far. I also didn't like the fact that the fork caused BTC to drop below $6k, which caused pain to many in the industry." (source: https://twitter.com/cz_binance/status/1116622696945602561)
Basically Binance is punishing CSW, CA and BSV for the perceived damaged they did to BTC price value. I can only speculate but I think the moment was chosen based on BSV's reputation which is at an historic low thanks to CSW and CA retarded shenanigans.
- Binance, shapeshift, blockchain, Gemini and others actions are abusive in nature and they betray a cartel mentality. As much as I don't like saying this, even a coin like BSV should be allowed to live or die based on its own merits. What Binance is doing is detrimental to the entire industry and it positions exchanges on a position of power: they can and will kill coins they don't like.
I'm just saying that before you celebrate this supposed "victory of the community" just think about the people which were gulible enough and bought BSV based on CSW and CA lies. Not all of them are BSV-shills and they are left without a way out, they will be ruined. Real lifes will be ruined because Binance found out about ethics ... when it suited their narrative.
- BSV price will fall but BSV will not die. Despite the concerted effort from all the exchanges, BSV will continue to linger in the background. "And that's a good thing" even for BCH. Exchanges killing coins at will is a scary prospect for the entire crypto-world. They are overstepping their responsibilities. The funny thing is that BSV might get vindicated at some point in the future :)
- BCH is next. I have no doubt about it. If they are doing this to BSV which is actually quite insignificant compared to BTC then think about what they are preparing for BCH. Only in this context it's easy to understand Binance's obsession not to use the BCH ticker: they used BCC, BCHABC and BCHSV but they never used and they will never use BCH ticker because that would legitimize the BCH fork.
Bottom line: Binance is a greater enemy to BCH than BSV will ever be. This delisting affair is just a test for other things.
Written by: toro_ro
Source: http://bit.ly/2v6fM2j
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