Re: BCHSV delisting| Bitcoin back to $6000

Quote from: hugeblack on April 16, 2019, 11:31:45 AM

Let's remember, there is one Bitcoin, the rest are copies that will expire over time.
The story began several months ago and may disappear over the coming months as some platforms will begin to delist BCHSV in the coming days, Binance Will Delist BCHSV. Kraken thinks about it Should Kraken delist Bitcoin SV (BSV)? , and It takes 1008 confirmation for BSV on Coinbase .

On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.

people are always trying to link news to price but those watching the BTC charts already knew this move was happening. the BTC price already entered a mid term uptrend long before this news emerged. we've been talking about it for weeks. shorts are being squeezed and sellers are exhausted. the $5k-$6k zone has been a natural target ever since the december bottom since it's the last major long term resistance on the charts.

i don't think an exchange delisting BSV etc had a significant effect on bitcoin's price at all. BSV wasn't worth much to begin with, and most of its investors are shitcoiners who are gonna roll their money into other shitcoins anyway.