Twetch ·
Are the delistings helpful to the BSV movement?
Replies
Twetch ·
Maybe. It could accelerate the adoption of BSV based exchanges and protect from a market crash. Having our own ecosphere, independent of shitcoin casinos, reminds me of having a nuclear bunker when everything on the outside goes to dust and ashes.
Twetch ·
Yes
Twetch ·
I don't quite see the logic. Some exchanges are more honest than others, but overall, I don't see how limiting on/off ramps is helpful. There's someone in NY, today on Twetch, that cannot buy BSV.
Twetch ·
Twetch should integrate a top-off function by integrating something like buybsv.com or like what RelayX does with OTC-type trades.
Twetch ·
I think BuyBSV.com uses the Coinify API: https://merchant.coinify.com/docs/api/
Twetch ·
You got a point there, but as I see it, it strengthens the spirit of BSV. If your group is attacked by outside forces, you become closer. There's a powerful defense mechanism in there, that could nullify BTC price swings.
Twetch ·
That does not address the underlying issue that the asset will become illiquid. It just it makes the situation worse by limiting the assets ability to discover price.
Twetch ·
Paypal integration would be great.
Twetch ·
You think it's bad for price when the actual community is making the market instead of market manipulators like Binance?
Twetch ·
The people of new york pay good money for that limit on their freedom.
Twetch ·
So you're saying you'd prefer deals with your community/friends to trade BSV than you would having it listed on your local exchange? Again, failing to see logic in market manipulation. Generally, more accessibility to an asset makes manipulation more risky
Twetch ·
I prefer BSV to be on more exchanges, but I don’t think it’s current predicament is terrible.
Twetch ·
Fiat on-ramps are important, but it's better if the companies are pro BSV. At the moment the main exchanges are threatened by it, because their business model is based around a dysfunctional version of Bitcoin.
Twetch ·
If the "tech" inside BSV was a threat, they'd be threatened by every other chain. Ethereum, Loopring, Uniswap, Sushi, and heck BNB all threaten their business model. Can we be honest? BSV isn't the threat.
Twetch ·
No they profit off those altoins, through exchange volume. But they'd loose profit with a legal highly-advanced version of Bitcoin. One coin to rule them all. They want their own coin to be THE apex predator.
Twetch ·
True, BSV makes all other coins irrelevant. It can do anything that any other coin can do equivalently or better. It’s in exchanges best interest currently to have a bunch of traceable shitcoins.
Twetch ·
You have to realize that even if BSV does it better. And CSW proves his legacy of the Satoshi-mask. That markets won't turn upside down to BSV's favor overnight. You still have to earn it. You still have to DO it. It won't be be served on a silver platter.
Twetch ·
It’s not really about BSV doing it better. At this point it’s about BSV being the only one that’s doing it. If we had other coins doing it then yeah, I’d be more concerned about BSV’s future, and I would probably hedge by holding alternatives.
Twetch ·
If BSV was doing it better, markets would reflect that. In fact, while Bitcoin spent a decade arguing about what to do, Ethereum already did it. Twice. And now even a few projects are moving to, gasp, BNB bc of ETH growing pains. BSV is mostly hope.
Twetch ·
Not necessarily true. Unrelenting propaganda from the crypto cartel + their minions hurt BSV’s early growth potential.
The best asset doesn’t always win, or at least take the early lead. It’s still early.
What’s good about BNB?
Twetch ·
Nothing that I can see. But projects are moving there because of lower fees on Pancake swap. Sounds crazy, but it feels like XRP all over again.
Twetch ·
How low are the fees and what is a pancake swap?
Twetch ·
There are better answers in Google than I can give. It always felt like XRP, BNB, and non mineable chains felt like the antithesis of blockchain. But retail doesn't seem to care?
Twetch ·
Not sure. Crypto is complicated for most people. Even the smart and wealthy have a hard time with it like Robert Kiyosaki.
People building their businesses on BNB just sound like they’re making a terrible business decision and they will suffer for it.
Twetch ·
I fail to see the utility in delisting BSV everywhere. One day, I'll likely be in the same position we all were when Gox collapsed. Meh. Don't listen to me. This dude is based.
Twetch ·
Reasonable concern, but he's also being fairly dramatic.