Update from https://t.co/GJeQXMEeya: BCH is dead, replaced by BCHABC and BCHSV. Bitcoin unaffected. pic.twitter.com/eDUdCyOAfm
— Dennis Porteaux (@DennisPortoMD) November 17, 2018
One thing about the fork, these symbol names will stay. Binance will not support changing of trading symbols later. If anyone asks for it later, let's refer them back to this tweet. https://t.co/j1h3gb4edQ
— CZ Binance (@cz_binance) November 16, 2018
#Binance Has Distributed Bitcoin Cash ABC (BCHABC), Bitcoin Cash SV (BCHSV) and Will Open Tradinghttps://t.co/Ex5YmLkspH pic.twitter.com/UAv1VYVzVd
— Binance (@binance) November 16, 2018
We’ve finished converting all BCH balances to BCHABC and BCHSV. The BCH market is now disabled. BCHABC/BTC, BCHSV/BTC, BCHABC/USDC, and BCHSV/USDC markets are open. Deposits and withdrawals of BCHABC and BCHSV are still paused, and will remain paused until the networks stabilize.
— Poloniex Exchange (@Poloniex) November 15, 2018
$BCHSV volume significantly higher on poloniex (1460 btc) volume
meanwhile $BCHABC behind with (992 btc)
at the time of writing this article. (18nov)
As seen below, services like bitpay (unavailable for “bch”)
Coinbase has halted $bch trading but not yet credited its holders with $BCHABC and $BCHSV (coinbase has been notoriously lagging when crediting forked coins) with ethereum classic it took months.
meanwhile other exchanges are able to credit and open markets for both new created chains/coins $BCHABC and $BCHSV
CEO of Numex Exchange “The breakup of bch in such a short time to bchabc and bchsv has a positive inpact longterm due to less confusion now, its clear there is only 1 bitcoin”
question is how long will BCHABC and BCHSV last? bch only lasted barely a year.
Doesnt seem to be a viable longterm sound money solution, if anything it shows to be a costly and bad experiment.
oddly enough Kraken exchange seems to be compromised and has chosen a side
we believe bitpay will follow, both companies are heavily bias because bitmain/roger ver are big investors in both companies.
Whats your opinion on exchanges being neutral?
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