Kucoin removing all BCH Pairs

[Mpamaegbu]

According to news source, Kucoin is going to be removing all BitcoinCash trading pairs. Some for KCS, NEO and USDT will also be removed. Will this spell doom for BCH? Will it plummet like the bitconnectcoin?

Link:
https://news.kucoin.com/en/kucoin-to-streamline-trading-pairs/

[BillCoin]

You can't compare Bitcoin cash to bitconnect, as bitconnect was a scam, and was a centralized coin who offered people X amount of money for holding money as bitconnect tokens, the whole thing the drove bitconnect was a pyramid scheme.
I believe that they are stopping BCH trading pairs as there were at a really low demand and it was hard to maintanain them.
The bch team are doing hard time for the exchanges who supports it, as there are flews in the code and new nodes patch come out really frequently.

[Za1n]

While I am not the biggest fan of BCH, I agree that you cannot really compare this to the Biconnect drama. As BillCoin has stated, Bitconnect was a ponzi from day one and the token was just used to facilitate the ponzi scheme.

Clearing off low demand tokens should be viewed as just that, you do not need to make more out of the situation that it actually is. Also I do not think Kucoin is the be-all end-all of whether a coin succeeds or not.

[CodyAlfaridzi]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

[Maestro75]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

Everything is sometimes parallel. While some of the above posters think bitcoincash is an excellent coin, you see it differently. I share your opinion too after reading some not too good reviews about this coin. Maybe it is not a real coin after all. A shitcoin will always remain such. I believe that is the question in the op.

[BrewMaster]

you are putting too much undeserved faith in actions of some exchange! they have never done anything for any reason other than their own benefits. if they add a coin to their platform they are adding it because they find it profitable, if they remove a coin (a pair or market in this case) then they are doing it because it stopped being profitable for them.
none of it means that coin is good or bad and it is not indicating its doom or moon. in this case bitcoin cash is still the same shitcoin that stole bitcoin's name and is still misleading newbies into believing it is the real bitcoin! and at the end of the day it still has empty blocks because nobody is using it!

[BillCoin]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

Agreed that bitcoin fees go back to normal means bitcoin cash is a worthless currency, but you we all need to remember that bitcoin cash is being controlled by group that pumps it once in a while, so even if it goes down for a while, they can always find reasons to pump it up again.
Bitcoin cash team(Bitclub with Jihan),knows that bitcoin cash is useless compared to bitcoin, but they will always keep mining the coin so they can later pump it even bigger.

[Thamon]

There is a fair amount of confusion on the internet over one of Kucoin’s recent decisions. The company has made it clear they will be dropping Bitcoin Cash-based trading pairs very soon. Contrary to what people may think, the exchange will not remove Bitcoin Cash itself, but rather get rid of some smaller trading markets which do not generate a sufficient amount of volume as of right now.

[ralle14]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

Agreed that bitcoin fees go back to normal means bitcoin cash is a worthless currency

Not really worthless, Bitcoin Cash can still be used in different ways one example is buying miners from bitmain and it's cheaper to use bitcoin cash when you withdraw from an exchange because a lot of crypto exchanges doesn't change their withdrawal fees. It's a good alt but it won't reach the level of bitcoin.

There is a fair amount of confusion on the internet over one of Kucoin’s recent decisions. The company has made it clear they will be dropping Bitcoin Cash-based trading pairs very soon. Contrary to what people may think, the exchange will not remove Bitcoin Cash itself, but rather get rid of some smaller trading markets which do not generate a sufficient amount of volume as of right now.

Yeah it's only kucoin and they don't have a lot of volume compared to other crypto exchanges there's no need to overreact with the announcement. If people want to have bch they could just trade it the long way.

[Sithara007]

According to news source, Kucoin is going to be removing all BitcoinCash trading pairs. Some for KCS, NEO and USDT will also be removed. Will this spell doom for BCH? Will it plummet like the bitconnectcoin?

Link:
https://news.kucoin.com/en/kucoin-to-streamline-trading-pairs/

This is funny. Do you think that just because one of the minor exchanges stopped trading BCH, it will spell the doom for the currency? BCH still has a lot of future potential and that will remain as the case until the scaling issues associated with BTC are resolved.

[pinkflower]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

What? One small exchange decides to delist some BCH trading pairs because of low volume and low interest from traders and suddenly BCH is dead?

[Tynovten_]

"You will not lose any existing tokens due to the pair closures.  You may use other trading pairs with existing tokens while the corresponding ones are closed.#


There's no need to worry, the information he gives is very clearly. It wont same with the bitconnect accident. By the way do you still use bitconnect, the news already spread everywhere that it's a scam.

[timbereagle]

At first they should not have opened BCH pairs at all.

If any crypto has BTC and USD pairs it is enough.

Sometimes ETH pair is usuful but not necessary.

[demenBTC]

an unreasonable comparison between bitconect and BCH, bitconect is much worse in crypto when compared with BCH, what's so special bitconect, bitconect only coin deception is so cruel.

BCH has rank 4 in CMC list, there is no effect whatsoever with the abolition of exchange in some coin in kucoin

[naidray]

According to news source, Kucoin is going to be removing all BitcoinCash trading pairs. Some for KCS, NEO and USDT will also be removed. Will this spell doom for BCH? Will it plummet like the bitconnectcoin?

Link:
https://news.kucoin.com/en/kucoin-to-streamline-trading-pairs/

This is funny. Do you think that just because one of the minor exchanges stopped trading BCH, it will spell the doom for the currency? BCH still has a lot of future potential and that will remain as the case until the scaling issues associated with BTC are resolved.

Apparently, it would not spell doom, but it is actually a start which would start making BCH to seem more exactly like what it is. It was never necessary, let's state one obvious fact and with all the manipulations, it was obvious Roger never had a good intention towards even getting the coin to make an impact bitcoin could not, as at the end of it all, it was just all more like a sham and scam.

BCH has nowhere to go, and even if we do not know the future, unless something else is brought on the table and not the whole thing going on with the manipulation to shoot it to the limelight, then BCH is as dead as any shitcoin to me. Being among the top 10 was just mere stunts.

[ricardobs]

According to news source, Kucoin is going to be removing all BitcoinCash trading pairs. Some for KCS, NEO and USDT will also be removed. Will this spell doom for BCH? Will it plummet like the bitconnectcoin?

Link:
https://news.kucoin.com/en/kucoin-to-streamline-trading-pairs/

Bitconnect was a plain in sight Ponzi scheme, so they are totally different. Bitcoin cash however was an attack on bitcoin that ended up more like a scam that would make a lot of those who trusted in Roger Ver to want to stone him if they see him in public after finding out he just screwed them totally to make him richer.

BCH is getting out of the picture one way or the other unless they come up with something different other than what they have already; otherwise, they are going to get pushed down as the trash that they have been right from the onset.

[karnwillbit]

Lol finally. Bitcoin Cash is already doomed since the beginning of their forks, I think everybody knows that With Bitcoin fees getting back to normal, the idea of bigger block size is getting irrelevant and shown to be an ineffective solution to the scalability issue. Implementation of LN to Bitcoin make Bitcoin even better and now BCH is absolutely useless.

Agreed that bitcoin fees go back to normal means bitcoin cash is a worthless currency, but you we all need to remember that bitcoin cash is being controlled by group that pumps it once in a while, so even if it goes down for a while, they can always find reasons to pump it up again.
Bitcoin cash team(Bitclub with Jihan),knows that bitcoin cash is useless compared to bitcoin, but they will always keep mining the coin so they can later pump it even bigger.

Well, that is the problem and there is no need sugar coating this by putting it as a group pumping. This is a one man show, Roger Ver and for the fact that he had an upper hand in bitcoin right from the onset gave him that advantage to get his coin pumped to that extent and dumping on traders. That is high level of stupidity and distaste. BCH has been built on lies and that makes it a shit coin. It is only about time, it gets thrown out to the dungeon where it belongs.

[oceantiger]

What may have been the reason for this action? surely It will affect the fortune of BCH in the market, hopefully no other exchange will join Kucoin in this de- listing of BCH.

[kiemnhieutien]

So BCH will become the biggest joke of 2017? And until nearly  half year of 2018 was over, they realize this joke. I didn't pay attention so much to BCH so i don't have any important news about it. Any one know why Kucoin remove it?

[Yara1996]

I think after such a deutsviy decline in prices is inevitable, because it will create uncomfortable people and they will start to drain the current tokens!