BCHSV delisting| Bitcoin back to $6000

Yaunfitda

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I think the main premise here is that those who are dumping their BSV will move their funds to BTC.

But since the de-listing the price of BTC is moving to $5200 again, so there's a possibility that the dumpster are how shifting to BTC and pushing the price, but as to how get gonna push it to $6k? Not sure though. Let's see if $5600 is possibility within this week and then we can talk about $6k later. Grin

Well they causes us a big headache when they started to fork and the hash war with BCH. So I guess karma is biting their ass right now.

Herbert2020

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history has proven that shitcoins always die.
then shitcoins that abuse the name of bitcoin and try to pretend they are the "real" bitcoin would definitely die harder.
shitcoins that have scammers involved in them will die even harder and faster.
that is the story of BSV which is satisfying all the above.

Quote from: hugeblack on April 16, 2019, 06:31:45 AM

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

the drop was because of the BSV shenanigans but it was because "bitcoin" investors (mainly whales) manipulated the market using that news to their own advantage. so BSV's demise won't be changing anything.
with that said price is already on the rise so with or without BSV we will see $6k+ pretty soon.

Odessit_ya

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I don’t think that the Binanse Exchange did the right thing; such an act could negatively affect the cryptocurrency community.
The exchange must treat all coins and tokens impartially.
PS. This Binans decision will not affect the Bitcoin rate ...

thecodebear

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Quote from: Indrawan77 on April 16, 2019, 11:33:44 PM

I agree that we only got one bitcoin all other forking coin is only destroying the price and the usage, more coin being delisted will be better for bitcoin, it will makes the diversification become smaller and makes more people invest in bitcoin, delisting bchsv is a correct move, we don't need any unused copycat coin

I don't think they should be delisted for taking a bit of the community/price away, thats just normal marketplace competition. But the BCH/BSV community is super toxic. They were the worst people in the bitcoin community and so their own smaller communities are super toxic with the whole "bitcoin isn't bitcoin, we are bitcoin" nonsense. I'd love to see both BCH and BSV get delisted from a bunch of places until their official marketing stops being lying and trying to trick people about bitcoin and they start standing on the merits of their own altcoin instead. The figureheads of both those two coins are some of the worst and most toxic people in the crypto community.

Once BSV and BCH people can say "hey we're not bitcoin we split away from it and are offering our own vision of cryptocurrency in this other coin", then thats when they'll actually have a chance of people respecting them. But their entire reason for existence is and clearly always will be pretending to be bitcoin and surviving off the coattails of that brandname alone.

Indrawan77

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I agree that we only got one bitcoin all other forking coin is only destroying the price and the usage, more coin being delisted will be better for bitcoin, it will makes the diversification become smaller and makes more people invest in bitcoin, delisting bchsv is a correct move, we don't need any unused copycat coin

thecodebear

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Quote from: JohnTask on April 16, 2019, 07:03:46 AM

Quote from: hugeblack on April 16, 2019, 06:31:45 AM

Let's remember, there is one Bitcoin, the rest are copies that will expire over time.
The story began several months ago and may disappear over the coming months as some platforms will begin to delist BCHSV in the coming days, Binance Will Delist BCHSV. Kraken thinks about it Should Kraken delist Bitcoin SV (BSV)? , and It takes 1008 confirmation for BSV on Coinbase .

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

There is only one true Bitcoin indeed, and that's BSV - whitepaper says so. Pricewise, it's not in a good position right now, which might help the BTC ticker go back up to $6,300. I urge all hodlers of BTC to recognise that they are emotionally invested, and to consider the fundamentals on which Bitcoin was founded. BSV *IS* Bitcoin, and BTC is only the name of a ticker.

FACEPALM.

I guess BSV people are the same as BCH people, they just split off BCH. The "my altcoin is the real bitcoin" crowd. shameful.

WinslowIII

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Quote from: mrdeposit on April 16, 2019, 05:46:35 PM

Quote from: fabiorem on April 16, 2019, 07:24:57 AM

It was this recent "fork war" which caused the latest drop from 6k to 3k.

So yes, I expect the price will eventually go back to 6k.

I do not understand the relationship between them. If the price increase was so easy, why did we wait so long?

I guess it will blow like a calm wind without any impact.

It was a couple of huge bitcoin whales that sold out to fund their stupid forks that caused the crash to $3ks, or so it seems.

itos84

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Seems like the fork didn't pan out as expected for BCHSV. I doubt that just the delisting of BCHSV will increase the price.

adaseb

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I've had some BCH from the original BTC fork and obviously had the free BSV and basically sold 50% of my BSV since it was confirmed today that Kraken will indeed drop the BSV pair.

I was hoping to get my fills at 0.02 and 0.03 BSVBTC to fill but looking at the massive sell pressure, I decided to cut my losses and sell while its still worth 1% of a BTC.

Looking at coins like BTG and BCD, those will probably never be worth 1% of a BTC again and it seems like a good trade.

mrdeposit

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Quote from: fabiorem on April 16, 2019, 07:24:57 AM

It was this recent "fork war" which caused the latest drop from 6k to 3k.

So yes, I expect the price will eventually go back to 6k.

I do not understand the relationship between them. If the price increase was so easy, why did we wait so long?

I guess it will blow like a calm wind without any impact.

figmentofmyass

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Quote from: hugeblack on April 16, 2019, 06:31:45 AM

Let's remember, there is one Bitcoin, the rest are copies that will expire over time.
The story began several months ago and may disappear over the coming months as some platforms will begin to delist BCHSV in the coming days, Binance Will Delist BCHSV. Kraken thinks about it Should Kraken delist Bitcoin SV (BSV)? , and It takes 1008 confirmation for BSV on Coinbase .

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

people are always trying to link news to price but those watching the BTC charts already knew this move was happening. the BTC price already entered a mid term uptrend long before this news emerged. we've been talking about it for weeks. shorts are being squeezed and sellers are exhausted. the $5k-$6k zone has been a natural target ever since the december bottom since it's the last major long term resistance on the charts.

i don't think an exchange delisting BSV etc had a significant effect on bitcoin's price at all. BSV wasn't worth much to begin with, and most of its investors are shitcoiners who are gonna roll their money into other shitcoins anyway.

r1a2y3m4

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Well, this news is so good to be true. I hope that will finally delist BCHSV as soon as possible. It might not affect the price, still this is a good news. Since bitcoin is the only coin created by Satoshi, BCH, BCHSV etc are just forks of bitcoin and BCHSV is worst, a fork from a fork.

royalfestus

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Quote from: cabron on April 16, 2019, 11:59:31 AM

Its not about getting the price back to $6000, its about getting back the trust of investors in bitcoin and in crypto. From now on, we may never really see anyone claiming to be satoshi and fork a coin for them to earn free money. I don't know if they feel stupid after supporting this coin back when they announce they are forking BCH. don't you think they should also do this with BCH?

The trust from investors looks to be the most important for now in that market. Bitcoin and Tether reserves the highest investors' connfidence. This can be seen in sustainable volume of daily trade. with the price there seem to be no significant increase. Except for IEOs and few altcoin, even the top 100 coin on CMC has not seen good return in past like it used to be when bitcoin rallies.

seoincorporation

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Quote from: hugeblack on April 16, 2019, 06:31:45 AM

Let's remember, there is one Bitcoin, the rest are copies that will expire over time.
The story began several months ago and may disappear over the coming months as some platforms will begin to delist BCHSV in the coming days, Binance Will Delist BCHSV. Kraken thinks about it Should Kraken delist Bitcoin SV (BSV)? , and It takes 1008 confirmation for BSV on Coinbase .

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

I think this BTCSV thing will bump BCH and not bitcoin, all those who were holding SV would have to move to another coin and the best option for them is Bitcoin Cash, so, let's expect a bump on Bitcoin cash and not in Bitcoin as you say. I don't think this will affect the bitcoin price because if someone sells his BCHSV for BCH that transaction doesn't touch the bitcoin markets.

Naida_BR

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Merit: 62

Finally some good news about the Bitcoin community.
It doesn't make any good of seeing coins like Bitcoin SV that seperate the community in many parts.
I hope to see more exchanges delisting Bitcoin SV and let the price of the real Bitcoin go higher and real the level it deserves.

BitHodler

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Even if the price has reached $6000, then what? If there is no further demand, it will fall back down as fast as it went up. I rather see the price spend some more time at current levels till there is an actual catalyst causing a trend reversal.

BSV is too small to impact Bitcoin. Craig Wright would wish he had that much power, but he has not. I also doubt that he owns a significant number of Bitcoins. All Craig Wright can do is cause drama, but this has now backfired in his face.

He always said that crypto to crypto exchanges were an unregulated scam operated by criminals, well, he must be happy seeing his shitcoin delisted then. Cheesy

cabron

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Its not about getting the price back to $6000, its about getting back the trust of investors in bitcoin and in crypto. From now on, we may never really see anyone claiming to be satoshi and fork a coin for them to earn free money. I don't know if they feel stupid after supporting this coin back when they announce they are forking BCH. don't you think they should also do this with BCH?

dothebeats

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No, BSV being de-listed on Binance does not affect the whole crypto-sphere nor bitcoin directly. Perhaps the community of BSV is disappointed on what happened and are looking for ways to recoup their losses but I don't think everyone will pour their money directly into bitcoin with just that said event. Needless to say, this isn't an enough catalyst for us to be taken back to $6000 by next week; we need a lot more than an altcoin being removed from an exchange. The unfolding of events is quite interesting though, and no major market movements were seen right after the news echoed on different sources. Movement remains sideways, though with a high potential of breakout considering that the sell orders are outweighed by buy orders by a significant amount.

tomahawk9

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Quote from: hugeblack on April 16, 2019, 06:31:45 AM

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

I honestly don't see how delisting BCHSV could translate into a massive influx of money to push the price up from 5k to 6.3k in a week.

Not everyone wants to convert their BCHSV to Bitcoin. If SV gets delisted from all the major exchanges, the majority of bagholders will definitely go back to the BCH camp (as we saw yesterday, once Binance released their statement, the SV price plummeted, while the BCH price went up by a lot), some others will diversify, and the rest might want to give BTC another chance, though chances to see the latter are very small.

WinslowIII

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Maybe, those holding this worthless shitcoin need to move into something, why not bitcoin? Next up the worthless shitcoin BCH should be delisted by all exchanges.

Topic: BCHSV delisting| Bitcoin back to $6000 (Read 362 times)