Post
Topic
Board Economics
Re: Exchanges are rebelling against constant hard forks
by
CarnagexD
on 19/12/2019, 11:57:39 UTC
It would have been much easier to understand whether or not the delisting is a political move had the exchange released some percentages as to the amount of business trading eth and bch brings them.
This is not a political move, it is a small exchange with a 24 hour trading volume of $450,000 according the reported volume by coinmarketcap which pale in comparison to the big exchanges in the market and their decision to delist ETH and the other fork coins is because of the technical issues they will have to encounter when a fork happens and if they are not careful they will be paying a huge prize and hence i understand why they are delisting ETH because of the massive change they are planning to implement but i still do not understand why they want to remove Bitcoin cash now as i am not aware about any upgrade from them.
Only small exchanges will suffer on what the ETH is going to change, with the technical sides on ethereum and other hard forks the compatibility is the very vital to be stable. But if these small exchanges are going to delist eth due to hard fork then Bitcoin cash and Bitcoin Satoshi Vision is at large when they go for changing protocols and transitioning transactions.