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Author Topic: Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?  (Read 6769 times)

Shahinaz

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The crypto community could be described as a cliquey band of tech enthusiasts deeply loyal to their own projects or favored coins. When something divides them, the reaction is usually as volatile as the markets themselves, and this is exactly what has happened since Binance blacklisted Bitcoin SV.

BSV creator, Craig S. Wright, has made few friends in the crypto community of late. His constant claims to ‘Satoshidom’ have riled some of the biggest players in the industry and one of them recently reacted drawing opinion from all who are involved in the emerging ecosystem.

Binance boss Changpeng Zhao has been engaging in a ‘tweet war’ with Craig Wright for over a week now and it finally came to a head when his exchange pulled the plug on BSV yesterday. The move was hailed by some industry leaders as great step forward for the industry, but others were not so enthralled.

Craig Wright has been labeled a bad actor in the space for some time now and many consider BSV a scam. Whether a company that derives profits from trading commissions has the right to directly influence the future of other crypto projects is the big question. Binance has just become the judge, jury, and executioner for BSV.


Whether right or wrong, the decision has once again polarized the crypto community with more tribalism and markets have suffered. $6 billion has been lost overnight and BSV has shed 25% since the Binance announcement. It seems at times the big players in this ever evolving ‘game of coins’ often forget who the real enemy is.

source: https://ethereumworldnews.com/big-reaction-to-bsv-boycott-is-it-good-for-the-crypto-industry/
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IyemRoker

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Re: Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?
« Reply #1 on: May 30, 2019, 08:27:24 AM »
It is interesting to see the boycott that happened to BCH SV because of a statement from Craig S. Wright and this is worthy of being shunned.
As far as the eye can see even though I am a woman, I do not like the attitude spoken by BitcoinCash SV Founder.
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Re: Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?
« Reply #1 on: May 30, 2019, 08:27:24 AM »
:)

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Re: Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?
« Reply #2 on: January 15, 2020, 07:45:17 PM »
In my opinion, all disputes are resolved in favor of Bitcoin SV. In recent days, the price of Bitcoin SV has risen from $ 172 to $ 346. Bitcoin SV even overtook Bitcoin cash in terms of capitalization. These coins generally show significant price increases. Moreover, the direct reasons for such an interesting fact are not voiced. Well, let's see what will happen to the price of these two forks of Bitcoin in the near future.
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Re: Big Reaction to BSV Boycott, Is It Good For The Crypto Industry?
« Reply #3 on: January 16, 2020, 05:04:56 AM »
In my opinion, all disputes are resolved in favor of Bitcoin SV. In recent days, the price of Bitcoin SV has risen from $ 172 to $ 346. Bitcoin SV even overtook Bitcoin cash in terms of capitalization. These coins generally show significant price increases. Moreover, the direct reasons for such an interesting fact are not voiced. Well, let's see what will happen to the price of these two forks of Bitcoin in the near future.

I think it is very well voice out how the price went up. As you can noticed the price increase as the same time Craig Wright pursue the claiming as sole creator of number 1 cryptocurrency bitcoin. It is noted that SEC give him days to prove his creation but what he presented is likely about pure conspiracy. Anyway only fool would believe that he is Satoshi.
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