Post
Topic
Board Speculation (Altcoins)
Re: Effects of BCSV, good or bad ?
by
babarian
on 24/04/2019, 15:52:43 UTC
Yes, I don’t 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.

can it be said that the increase in bitcoin in the last 2 days was due to BSV delist effect ? if your opinion is BSV holders will move to bitcoin and will affect the price of bitcoin.