Bitcoin Forum

SBI Holdings Delists BCH in Between Major Crypto Exchanges Delisting BSV

Link: https://www.coinmarketfeed.com/altcoins-news/sbi-holdings-delists-bch-in-between-major-crypto-exchanges-delisting-bsv

Kyoto based Japanese financial services giant SBI Holdings will delist Bitcoin Cash (BCH) from its cryptocurrency exchange in June 2019, sources from Japan reports on April 16.
 
Strategic Business Innovator Group’s cryptocurrencies has now officially announced its plans to delist bitcoin cash a cryptocurrency developed from a hard fork of Bitcoin BTC.

Who knows if this is the beginning of it. Exchanges are just following the trend and the demand of the community. After all, they are still in business no matter what coin they will delist.
I'm thinking that because of the move made by Binance, every exchange that will delist BSV is also riding the buzz through making noise for their name because they will be on articles.

Ow! Another exchange pissed off and deciding to delist bitcoin SV. It seems Binance got alliance for banning that particular hard fork, hmm. I also heard some rumors that Kraken will also do the same thing. Poor Craig Wright, if he only stay humble and never self-proclaim that he was the real Satoshi he wouldn't face such consequences :(.

I think its yes as the bitcoin now gain its price and its almost double its current price way back 2018 where it begun to collapse.And newly investors come out and the issues about brc has been closed but some are still affected because of their losse before.

If this is real then thank God for giving them light.
It should have been done in the first place without even thinking to list it from the start.

Some investors are fooled by it thinking it was the real bitcoin and they cannot get out anymore for there will be a lot of losses.
If only it was not supported at start then it wont go this big into creating a scandal.

Well I've seen this news spreading around the forum lately I'm just curious why are they going to delist it and can amyone here give a short summary on what is happening. Sorry i can't just rely on online news since i don't know what site is a reliable source and I also what to know the insight of the bitcointalk community.

What do you think the effect of delisting this coins to the price and demand of the coins they're going to delist?

If we look at positively this means more power to the real Bitcoin as the bch and bsv volume will come back to btc again boosting its growth, volume and value and if we look at this thing critically this is perhaps against the decentralized concept where some coins are forcefully dumped and delisted.

All of the bitcoin forks are scam, even some fork coins are creating pre mined coins to the developer, i hope those fork coins will be delisted from the whole of exchange sites. Bitcoin is the only one and fork coins have no idea why they should exist in these days.

no THIS is not the beginning of the end, the beginning was the same day they forked from bitcoin and created their useless chain wasting everyone's time and money. that day they died but their price got pumped and dumped and it looked like they are alive while it was really a dead body being pulled up and down.

This may stem from Binance delist BSV, but I think it is not related to hardfork, it is related to the person behind BSV.

Maybe it is the beginning of the end or maybe it is still the beginning of a new forking, since it has failed it's first and second forked coins, there should be planned to fork another. Remember it was this hard fork thing that gives a bit of a push to bitcoin price. Just my hunch though.

Apparently for Japan, this coin does not mean anything. The problem may go deeper. Perhaps they want to undermine trust. Of course the sad news. Against the background of growth, and walking bull. And what's the reason ?

All these dozens of bitcoin forks, starting with BCH, need to be removed from the exchanges.
If you think about it, they were all no more than useless coins.

SBI Holdings delists Bitcoin Cash, not BitcoinSV.

Probably the costs of maintaining the wallet are bigger than profits from margin of trading.
I would say that it means nothing to 99% of the crypto-world... just like all the rest of forked crap.
Not sure why you perceive it as a problem though, forks are nothing more than pump and dump money grabs.

:D glad to see some reasonable opinions on the matter. 100% agreed. Scam, nothing more.

I barely think that reputed exchanges like Binance or others will delist BCH, BSV is exception. However, I don't think that BTC forked coins are going to be ended. BCH will of course be in the market for long term although I hate BCH.

Your opinion is too rough. Forks are needed by industry for progress. The fact that scammers use this should not put a negative label on everything else. I think there will be new hard forks, there will also be delistings. This is a normal evolution of the industry.

BitcoinSV is the only bitcoin hard fork that is facing this threat lately among other bitcoin hard forks ,I don't know why you asking this type of question ,why can't they uproot all other hardforks too?? This doesn't mean its the end for hard forks ,since crypto is unpredictable we might see more in the future

I think is only the bitcoin SV problem because the "dev" of coin which say that his coin is Satoshi Vision and people to buy coin thinking is the real bitcoin. I don't think is the end for all hard forks.

In my opinion. this is the beginning of the end of all the difficult forks of bitcoin. Last year bitcoin was so difficult to develop even the price of freefall on the market. I'm sure this year the price of bitcoin will be close to the end of 2017.

Yes, Bitcoin has more than a hundred fork coins. However, none of them were separatist like BCH. The BCH has done a lot of damage to the Bitcoin network. And today we questioned whether BCH was a really good coin.

It is necessary to apply maximum damage to this BSV scam token.  In general, there is no conceptual benefit for the crypto community!

We can't totally say that it was the end because the fact that anyone can make any bitcoin hardfork or forks as long as they know how to create a new bitcoin blockchain and complete program like what others did. There are so many news now about bitcoinSV well i didn't even know it i only knew BCH which is created by Roger Ver as far as i know.

For some reason, everyone is very negative about this coin. Such a feeling that all the stock exchanges among themselves conspired. I do not see another explanation for the reason of delisting.

BCH will get harder time getting delisted, its still something that is looking legit compared to bitcoin sv, bitcoin sv was not even a bad coin by itself (useless but not bad) there was no need to create it but after it was created there was nothing bad about it, it was the owner that pissed everyone off and that is why it was delisted.

BCH is the same, its totally useless but after its created there is no need to actually get it delisted and considering how the owners are the biggest miners in the whole world and they are working with the exchanges to help everyone there is little chance they will get delisted. All other hard forks like bitcoin gold or silver or diamond etc etc are already not even cared about so they won't give a damn about those for sure.

They are all just a clone and we don't have to worried for that. Many hardfork have done but still it never wins over Bitcoin. This will determine that Bitcoin is the king of all coins and can't be surpass by any. Our trust and huge support for Bitcoin will help in building into strong crypto foundation in which it stay stronger as before and for many crisis had come but still we face and survive.

The end of the beginning is normal in a market its not possible for BCH to be there if the investor even loses, many also say about the loss of investment in the BCH and in fact its also true the end of BTC hardfork I do not think so that the future can't be predicted.

Just because a few exchanges delist some of the alts, that doesn't mean that the alt is going to die out. The loss for one exchange is a gain for another. And regarding the forks, we need to remember that Bitcoin is a decentralized crypto. There is no centralized authority with Bitcoin. So it is only natural that in future also there will be number of hard forks coming to existence.

This only applies to BCH and BSC. It is a conflict because of Wright claiming to be Satoshi. It does not actually affect all hard forks from bitcoin nor will stop anyone from initiating a hard fork.

We hope that nothing bad will come up with people anymore, but you understand that all this is just talk, because people will still come up with something terrible, so we will think that cryptocurrency is a place of contention.

It still has a huge market to enjoy but the roi Bitcoin SV ROI -36.50% is down, just when the market is moving up, it will have an impact in the future because these are big exchanges that delist BSV, anyway good luck to this coins, we may see a huge dump coming if some big exchange follows Binance's lead.

Nah, its not the end.
After all, blockchain tech is open source, anyone can go in and fork it if they want.

Also, if more than 50 exchanges list BCH or bitcoin sv, and only two delist it, that's a very small percentage.
Yeah, it might prompt others to delist it also, but it is a very small wave.

But, I would really like these ridiculous fork wars and money grabs to end.
the original btc blockchain is fine as it is.
People worry so much about how it doesn't scale.
But crypto is growing so big now that the future will have many blockchains that are viable.

Thinking btc will always be "the king" is foolish.
That's like thinking the only website that ever matters is wikipedia or something like that.

Why delisting BCH? I was not in favor of the hard fork but many users benefitted by having a new currency deposit in their wallets which was free and the price started at like $500 and went on to reach $4k and that time even bitcoin was doing well. But it really was no different than BTC though it claimed to provide faster transactions with its increase block size solution, it completely failed but it can just be treated as another altcoin then.

I think you are mistaken. All bitcoin forks are just forks and they have no value. and the more fork of forks is complete nonsense

I have long been convinced that all twins of Bitcoin and other lures have no value and prospects for the future. You have convinced me quite reputable professionals in the cryptocurrency market. It is best to engage in precisely such projects that will be really in demand in society.

Maybe this news will affect bad to the whole market and crypto industry but some steps are necessary before it was too late. How can they talk about the real vision of Satoshi if there is no proper evidence?

True that it doesn't mean but when something wrong is going on, no one will invest on this coin. Bitcoin is decentralized but the forked coin specially BSV, BCH are mostly centralized in many ways. Just do some research and have look around you.

Hmm, the battle is really strong, let us look at who wins, but if they have all agreed to delist the coin, the would have as well don’t it same time, I learnt that Binance will be delisting on the 22nd of the month, why does SBI Holding have to wait till June when he knows that anything can happen to change and turn things around.

It will be really be better that most exchanges delist all these Bitcoin copy in the name of fork, so  most of their investors can come back home, because the only place you can call home in cryptocurrency when it comes to coins is Bitcoin Home, every other home is counterfeit. Sorry, I mean no harm.

i do not think it is the end of the bitcoin forks. every delisting is bad, especially on such big sexchanges, but it does not mean the end of the coin. i can not imagine that the bitcoin forks will disappear so quickly.

I don't think Bitcoin hard forks will end like this because  as long as its open sourced, it will likely be forked again sometime in the future and if we are referring to the de-listing on one of its forks, it should be a welcome news to us because it will result to the developers to caution or even discourage some scammers on forking away Bitcoin code without sustainable development which would result for the community to be more vigilant about it thereby making that fork lose support at all.

Well
Hardforks are not events that can be assumed or predicted
We have to wait and see if t happens on not

So be patient and ignore announcements to that regard

It doesn't matter with that because all decisions on exchange managers are their right to make deletions possible to further increase Bitcoin to the market rather than keep a not-so-important fork, that fork is very annoying to me where everyone feels useless saving it more than the benefits clear and good adoption, before something happens that is unwanted I hope to change places soon.

It just means that they have to clean those shit coins who are not moving anymore or not giving them a financial purpose. Since CZ from Binance starting to delist BSV and most of the biggest exchanges are following the trend. I think this is the first move that they have to make to remove most fork of Bitcoin since it wasn't making any changes to the Bitcoin.

I agree the market hasn't gone well as expected however I advise we wait and see what happens in the near future since hard forks are quite not predictable.

Who is SBI Holdings? BitFinex? Coinbase? Binance? Bittrex? Kraken? No. So, who cares? I believe the governance of Bitcoin is so extreme that nobody can create a successful hard fork of bitcoin, only minor ones like BCH and BSV, or worse, like BTG and so on.

No, definitely not. I think this isn't the beginning of the end of all bitcoin hard forks. I believe its going to get better in the future.

I don't think its the end, most top exchanges delisting that shitty coin as the faketoshi continuously threatening BTC aka the blockchain ecosystem. I think major blockchain companies and exchanges should take a step like this in order to protect the Bitcoin and the cryptos eventually. I'm pretty sure, the dram wouldn't be ended soon, more coins may arrive soon again.

Exchanges list coins to make money on them and they are not asking the community about it.
When some of the coin become embarrassing then they involve the community and ask for
their opinion. They should not list shitcoins at all, we need to have a clear situation on the market.

Whatever happens if this happens, is it possible to have an effect on the crypto market because this year alone the market is still as stable as this price, maybe it will experience a decline again.

No, I don't think so they delist Bitcoin SV for a big reason it's because they do not like Wright's action against the community  and because of traders consensus also, these exchanges are profit driven but sometimes they have to do drastic actions in support of the community sentiments

They delisted BSV because the reputation of the person behind this coin is obviously ruined.
If Wright is not that full of himself and just be humble if he is the real Satoshi, then, those exchanges will not delist his coin.

And now this -

https://www.ccn.com/craig-wright-bitcoin-satoshi-court (https://www.ccn.com/craig-wright-bitcoin-satoshi-court)

Let us see how Craig Wright will use the media for his own gain.
But hopefully, those exchanges will be more strict in listing altcoins derived from bitcoin.
Most of them are just using the image of bitcoin, nothing more than that.

No, it's being delisted because the transaction volume is low, and any coin that got no interested from the society will be delisted, bitcoin got a lot of hard fork coin that got huge support, those coins won't be delisted, the exchanges won't delist the coin because it's hardfork coin, but because the coin got low transaction volume in certain period of time

For me we cannot read everything in any kind of situation because the positive and negative things are always happened to the market in all the time we need to take the positive mostly then only we can make the chances of increase our income and the way of making the move to be better than before.

Kraken will delisted BSV and another exchanger will follow. I think this is a great achievement for bitcoin but in others side, it looks the power of exchanger growing more bigger and hopely not become dictators. I hope no more bitcoin fork because it reducing bitcoin value

No, your statement is purely generalization, the whole BSV (BCH) delist is because of their own fault, it has nothing to do whether they are a bitcoin hardfork project or not. Any project that do the same thing as the Bitcoin SV team has done, will receive the same treatment no matter they are a bitcoin hardfork or not.

The idea of supporting community sentiments would probably the reason behind this actions coming from the exchange, they wanted to make sure that the current situation will allow them to do accordingly, people's voice around the market is definitely louder than anything, as business needs to continue and prosper, it's needed to follow what's many already doing.

In my very personal thinking, I should never have made any fork of BCH, because for me the only one that applies this type of proceeding is bitcoin, it can not be otherwise because obviously they have neither the history nor the market structure that can backing up, and the facts speak for themselves, because it did not resist anything after the Fork there was. For me, everything originated from there, of course it is my way of seeing it and of analyzing it respecting all the opinions, but no coin that comes from a fork must suffer a fork.

As usual, hope remains only in order for us to really feel that the forks will no longer be stamped, because there is hope that cryptocurrency is no longer what it was before and investors already understand a lot.

I don't think binance took the decision they took because the coin is a fork from the bitcoin blockchain because we have a lot of bitcoin fork already and they were not deleted from the exchange, I believe that the binance team delisted BSV from their exchange because of the claim of one of the owners trying to impersonate satoshi nakamoto who is the father of bitcoin and the blockchain itself.

Hence, I think it is a good thing they did and I wish to see more of this in the future, so that people will know that we are serious in this crypto community.

well,, maybe this is because the drama created by Mr. Craig, thats why Bsv will be gone from binance
but, my big hope is all bitcoin fork will be delisting from all exchange,,
so, bitcoin will be one and only  ;)

Your hope maybe noble but I'm afraid it will not happen so soon for the reason that hard forks maybe essential to test new technologies and create an atmosphere of creativity by encouraging healthy competition. But of course, the crypto community will always be vigilant and now getting more mature to know the potential of any Bitcoin hard fork and will decide to support or reject it accordingly.

bitcoin IS one and only one as it has always been. existence of these forked shitcoins on exchanges or their removal is not going to change that. and it doesn't even matter if they remove BSV or a dozen others, there still are thousands of useless coins listed on exchanges and only exist as long as they have a volume (aka getting pumped and dumped).

I do not think that the last situation with BSV has any influence on other BTC forks, because BCH has rose after delisting of BSV, so I believe the opposite is going to happen. BSV is going to be delisted from all major exchanges, and funds are going to be invested in other BTC forks.

If I get your message right, I think you need to follow the story from the beginning, BSV was never delisted because of its low volume but rather because of the issue they were having of Craig claiming he is satoshi, and I think this is the major thing that angered Binance because of the non-seriousness of Craig and his refusal to reverse his statement that we all believe not to be true.

Other than what I said above, BSV has had a tremendous trade volume and despite the threat, the volume trade within 24 hrs. is still very high and I am beginning to wonder if this threat of delisting is really getting to the Holders.

I hope so and i think its time that crypto market matures and we should move forward leaving behind the non serious stuff because crypto market is going to grow to trillions with nice growth and stable outlook only if the community becomes more responsible and mature.

This is definitely the beginning of some changes and the removal of unnecessary projects. but I don't think it will be fast. I think in order that we could remove some unnecessary projects from the market, we will need several years. And only in 5 years we will begin to move forward with the blend of projects that our world will really need.

I don't think it will take that much time because this industry is growing too fast now. Many projects have already died just because they are not of any real use. Some are still there because some people are backing it but soon it wil be ended too.