Various cryptocurrency social media influencers have recently started calling on crypto exchanges to delist Bitcoin Satoshi’s Vision (BSV), in a move made after several BSV supporters took legal action against users they claim to be waging a “targeted campaign.”
The calls for a boycott on the cryptocurrency, which was created on November of last year through a Bitcoin Cash (BCH) blockchain hard fork, started after self-proclaimed Satoshi Nakamoto Craig Wright put a $5,000 bounty on the true identity of Twitter user hodlnaut.
Self-proclaimed Satoshi Nakamoto Craig Wright is apparently offering a $5,000 reward in $BSV for those who can identify a #bitcoin user over what he claims to be a "targeted campaign" on him.— Francisco Memoria (@FranciscoMemor) April 11, 2019
Users launched #WeAreAllHodlonaut to protect him pic.twitter.com/iL92yxTFi1
While the cryptocurrency community initially responded by switching their profile pictures to that of hodlnaut and matching the username, things took a turn as soon as Binance CEO Changpeng Zhao claimed that if Craig Wright didn’t change his conduct he would delist BSV.
Peter McCormack, the person behind the What Bitcoin Did podcast, called Wright and Calvin Ayre, the owner of CoinGeek and a staunch BSV supporter, frauds. Ayre’s response was a lawsuit as part of what he’s been calling on social media as “troll hunting.”
First round of Troll Hunting letters went out to Vitalik (front for his father) and Eth, nobodies at Chepicap and an even lessor nobody named Peter McCormack who says he wants to spend his money to prove that Craig did not invent Bitcoin. Stay tuned as this will be fun :-)— Calvin Ayre (@CalvinAyre) April 12, 2019
In response to the situation various cryptocurrency influencers showed their dissatisfaction. Morgan Creek Digital’s Anthony Pompliano called on crypto exchanges to delist BSV on May 1 in a “sign of solidarity.”
Every exchange should delist BSV simultaneously on May 1st in a sign of solidarity behind the only Bitcoin that ever mattered.— Pomp 🌪 (@APompliano) April 12, 2019
This community is the responsibility of the people. Sometimes we must do the hard thing, not because it is easy, but because it is right.#DelistBSV
Popular bitcoin activist Charlie Shrem added he’s “surprised BSV is even listed anywhere.” In his tweet, he added that “it’s an obvious scam controlled by an obvious scammer. It goes against the reason we are here in the first place. Delist BSV from all exchanges and let it die.”
BSV Price Unaffected
Bitcoin Satoshi’s Vision seems to be holding on to the $70 mark, despite the threat of being delisted from several cryptocurrency exchanges, including Binance. Available data shows BSV’s trading volume is mostly focused on BTC and USDT trading pairs.
In either case, BSV’s trading volume appears to be almost evenly spread across several cryptocurrency exchanges, with HitBTC, Bitfinex, and BitZ leading on BSV/BTC pairs, and HuobiPro, CoinBene, and HitBTC standing out on BSV/USDT pairs, according to CryptoCompare data.
CryptoCompare data shows the cryptocurrency has seen its price grow from about $65 to over $95 in the last 30 days, although most of its gains have been lost. Recently, research has shown miners on the BSV blockchain have accumulated gross losses of $2.2 million since the cryptocurrency was created.