Bitcoin Cash doesn't let people sleep comfortably this days, they just don't have happy nights knowing that BCH is out there showing what is a really currency that can be used for daily basis to pay for goods and services with lower fees and fast transactions, they prefer to believe that implementing lightning network and support the Bitcoin Core development is protecting the Bitcoin (BTC) chain when it's clear that the original features of Bitcoin are already in use by Bitcoin Cash blockchain. Using the argument that BSV ideological founder is fighting to get legal rights of the original whitepaper from Bitcoin core to delist also Bitcoin Cash (BCH) as well is a complete nonsense, what Bitcoin Cash have to do with that?!
It's clear that CSW doesn't have nothing to do with the Bitcoin Cash community, he has is own agenda and Bitcoin Cash have absolutely zero interest to follow his acts, assuming that this exchange wanted badly to take down Bitcoin Cash from their cast of negotiation they should at least use valid arguments to justify that, not using the BSV theory to get rid also on Bitcoin Cash! Of course the Okcoin isn't that big for BCH but assuming their press release is notable that something fishy is behind that decision.
Some of the parts found on the blog on Okcoin trying to justify why they are removing Bitcoin Cash from their market, complete insanity for me, let's check it together:
At OKCoin, we periodically review the digital assets listed on our platform to ensure that their quality continues to meet our standards. In addition to market performance, we take a variety of factors into consideration during such reviews, including ecosystem development and ethos, network stability, quality and commitment of the developer community, liquidity, and ethical or reputational red flags. When an asset fails our periodic review, we may choose to remove it from trading on our platform....
We routinely review all assets listed on OKCoin to determine the health of our supported markets, sometimes making the decision to suspend trading of particular pairs...
Assuming the words above it's clear that they weren't mentioning Bitcoin Cash, we still have quality, liquidity, Bitcoin Cash network is very secure and reputable and the developers extremely awesome....this guys have their own agenda, and frankly it's better now than when BCH start to fly also will grant more market to other serious platforms that knows the value and reputation of Bitcoin Cash, they just opened more doors but am sure that soon enough they gonna come back in their decision, Bitcoin Cash is here to stay.
Bitcoin Cash still have plenty of markets to grant fair dominance in the digital cash world, but this attacks to the community prove one more time that BCH is a Threat to Bitcoin core and they will do everything to stop it, but they won't reach their intents as the currency is growing big in adoption and usecases all over the world. For anyone who gave a close look on the blog press release can find a lot of justification for delisting BSV but not just one to justify to take down Bitcoin Cash from their market starting on March 1, 2021 it seems they are taking down because it's a fork that seems more the original one stated on the whitepaper to not confuse their new investors.
For me, it seems a little desperate move from them as it clear that they prefer to focus in the BTC market more and have all investors to put money into the "rock" not sharing their market with those forks, they are centralizing all investments in BTC and doesn't want any distractions from new comers who after reaching the $1 trillion market cap will run to increase investments on the asset. Shame on them, and sincerely i didn't expected nothing else in a platform that even their CEO was accused of money laundering...but that is another story.
Bitcoin Cash is growing steady and very positive
Bitcoin Cash despite all is a growing project, with plenty of potential to be the main cash currency in the market it's not a pump and dump project but one that grows at the same time adoption and usecases also get the market share all over the world. The fundamentals of Bitcoin Cash are more important than the actual price of the currency and it will grant that the price also will follow up this same fundamentals, people actually want a currency that can make their life easier and more favourable, it's a currency that can be used for really world situations, Bitcoin Cash serves to send remittance to family and friends who could use the money to improve their life, serves to combat inflation when the paper money reach absurd and insane depreciation Bitcoin Cash come to the rescue helping dozens of souls all over the world. It's clear that potential to explode is just steps to happen and that's what worries anti Bitcoin Cash profaners, but sorry to tell you this guys: we are coming and nothing can stop us...
Yes, I am p**** not for delisting but for not being transparent enough to convince, at least be fair don't use arguments that sounds fishy👀 but no matter what at the end we'll stand. The world need Bitcoin Cash and everyone want cheap fees and fast transaction, secure and reliable network to use for daily payments on goods and services with plenty of merchants accepting it all over the planet!
thank you very interesting