Binance is De-Listing Bitcoin Satoshi Vision ($BSV)!!!
If you’ve been paying attention in the crypto space lately, you may have noticed a solidarity movement forming against the evil forces of Bitcoin Satoshi Vision founder Craig Wright. The Crypto Public at large has joined together to defeat Wright in the name (or pseudonym?) of HODLONAUT. If you haven’t been paying attention, Craig Wright opted to make a fork of Bitcoin Cash ($BCH), claiming the developers had strayed too far from what the original white paper of bitcoin ($BTC) was supposed to be. Thus, Bitcoin Satoshi Vision ($BSV (sometimes called $BCHSV) was born. The split created a rift in the community and sent prices PLUMMETING for BTC and most other top cryptos. Clearly, this was enough to send the message that BSV is “the true bitcoin” right….? Wrong! Craig Wright has lately been DEMANDING that people recognize him as the real Satoshi Nakamoto (the original creator of bitcoin and the bitcoin white paper), going so far as to threaten legal action, and offer a bounty against a Twitter user named @HODLONAUT for defamation/slander/libel.
Never missing a beat, our lort and savior Changpeng Zhao Tweeted out about the potential for De-Listing BSV from Binance (best exchange in the WORLD) if Craight Wright didn’t stop his nonsense. Apparently, Mr. Wright didn’t take the threat seriously because as of
Craig Wright is not Satoshi.
Anymore of this sh!t, we delist! https://t.co/hrnt3fDACq
— CZ Binance (@cz_binance) April 12, 2019
NOW, ACCORDING TO BINANCE
— Binance (@binance) April 15, 2019
AND FROM THE BINANCE WEBSITE
Binance Will Delist BCHSV
At Binance, we periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard, or the industry changes, we conduct a more in-depth review and potentially delist it. We believe this best protects all of our users.
When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset:
-Commitment of team to project
-Level and quality of development activity
-Network / smart contract stability
-Level of public communication
-Responsiveness to our periodic due diligence requests
-Evidence of unethical / fraudulent conduct
-Contribution to a healthy and sustainable crypto ecosystem
Based on our most recent reviews, we have decided to delist and cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC:
Bitcoin SV (BCHSV)
All trade orders will be automatically removed after trading ceases in each respective trading pair.
To view your assets after trading ceases, please ensure you have not selected “Hide small assets” in your Funds page.
Withdrawals of these coins and tokens from Binance will continue to be supported until 2019/07/22 at 10:00 AM UTC.
We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.
So what does this mean for any of you who may hold BSV on Binance? It means get out! You have some time until Binance removes the option for you to withdraw your BSV from their platform, but you should still look to find another exchange in the meantime. Personally, we hold no BSV at all, but if we did we’d just dump it on CoinEx for USDT and then exchange that for bitcoin. Obviously thats not financial advise, but we couldn’t imagine actually trying to tough it out with BSV after today.
- Bitcoin SV
- Price $131.58
- Market Cap
What are your thoughts? Comment Below and let us know!
be safe out there!
Kraken is considering delisting as well and theres over 75% support for it from the community. Tough break Faketoshi, I mean Craig….
Should Kraken delist Bitcoin SV (BSV)? #delistbsv
— Kraken Exchange (@krakenfx) April 15, 2019