, one of the oldest non-custodial services on the web, has decided to #delistBSV. While the official note on the subject offers no justification or reasoning, CEO Peter Smith posted a few Tweets earlier today which indicate the philosophical drive for the decision:
At , we added support for close out only transactions (sell, send) for in January in the Wallet and have encouraged users to sell or take their elsewhere…
— Peter Smith (@OneMorePeter)
In the next thirty days, we will end even close out support for transactions. To use , go somewhere else!
— Peter Smith (@OneMorePeter)
and really, arguments about which project is best aside, I hope we can almost all agree that there is something better to spend our time as an industry than CW drama and
— Peter Smith (@OneMorePeter)
We felt it was important to respond to users requests to enable access to their BSV , and built a limited way to do so without a long-term commitment to
— Peter Smith (@OneMorePeter)
Smith told CCN:
“We added support for close out (only) transactions (i.e. sell, send) for BSV in January and encouraged users to sell or take their BSV to another platform. We felt it was important to respond to users requests to enable access to their BSV , and build a limited way to do so without a long-term commitment to BSV. “
Officially, though, .com informs users that there will be no support in their for SV in the coming days.
We’re invested in the long-term health of the crypto ecosystem and are mindful to support that are reliable, safe, and convenient. Since January we’ve offered limited support for Cash SV (BSV) and have been closely monitoring activity of the BSV network since the hard fork in November. After careful consideration, we have determined to end all support of BSV within the Wallet by May 15, 2019.
Blockchain Tells Users to Swap bitcoin SV for Other Cryptos
The company outright encourages people to sell their SV for another , without specifying , Cash, , or the myriad of markets that are bound to seem some outflow as a result of the recent delisting campaign by exchanges and vocal users.
If you have BSV, we recommend simply swapping it for another crypto in the Wallet or sending your to another service.
They provide specific instructions on shedding SV. According to the tweets above, this has always been the goal of ’s use of the – when the split initially happened, Cash users of .com were immediately vested with airdropped SV. While users could have claimed their coins by exporting their private keys, expediting the process was apparently customer service decision.
SV is already . Kraken is widely expected to follow suit, after a massive response to its Twitter inquiry.
Should Kraken delist SV (BSV)?
— Kraken Exchange (@krakenfx)
Over 70% of voters polled called SV “toxic.” Huobi and other exchanges are also under pressure to follow and ShapeShift’s lead.
Choppy Seas Ahead for bitcoin SV?
SV took an immediate 9% nosedive following the . Liquidity for SV could be in deep despair. Canadian billionaire Calvin Ayre believes ’s delisting was “illegal.”
so childish, illegal and Corrupt…what monkey business do and exchanges have going on that this is the reaction to Craig forcing a judge to pass judgement on the origins of by suing Vitalik for Liable?
— Calvin Ayre (@CalvinAyre)
and Gemini, two of the top regulated exchanges in the US, have never listed SV. users about their BSV until the . The the top US retail exchange has never listed it as part of a pair, however.
Tyler Winklevoss took the # opportunity to troll as much:
JUST IN: never listed in the first place.
— Tyler Winklevoss (@tylerwinklevoss)
Gemini strictly follows the guidance of the New York Department of Financial Services, and as such only has a . , on the other hand, than Pro, Kraken, ShapeShift, and virtually any other centralized exchange you can name. Its broad and smooth support of might be the secret of its .
Published at Mon, 15 Apr 2019 23:12:28 +0000
![1 of these 3 events will trigger the next bull run! [bitcoin/cryptocurrency news]](https://ohiobitcoin.com/storage/2018/11/4kYAat.jpg "1 of these 3 events will trigger the next bull run! [bitcoin/cryptocurrency news]")