The news about the BCHSV will be delisted from Binance resulting in a fall in the BCHSV price, but will it affect the price of the BCHABC? should I invest in BCHABC now?
will the fall in the price of BCHSV pump up the price of BCHABC ?
I really do not think it will raise it, I think it will cause the opposite effect, because you have to remember that those coins were born from a very strange fork that was made to BCH, which is totally meaningless, since the only currency that is Apply Forks is to Bitcoin. I really think this happened to Bitcoins SV Due to the very bad adiministración of his team.
Yes, I dont think the fall of BSV will raise BCH, if any coin is to be affected, it will be bitcoin, because many holders of BSV will dump the coin against their wish, which means that they still have interest in holding the fund in form of cryptocurrency, and after passing through all these unexpected issues being caused by BSV, the only coin they will tend to pump the money into will be BTC.
I think it is already manifesting on BTC, because ever since the news was announced, price of BTC has been slowly increasing and stabilizing without seeing any price reversal, so I guess, funds are already being transferred from BSV to BTC.