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How is ABC any different? Doesn't seem to meet the listing criteria either.
Kraken is shady shit as well. I lost like 0.9BCH a year ago because of them.
I'm totally out of the loop in BSV. Can someone link me a semi-neutral writeup on this split?
How very hard works. But from my point of view, Kraken is taking care of their costumers, informing BSV is risky.
This is the approach every exchange should take. You don't want to meddle with BSV unless you absolutely, explicitly know what you're doing. And even then, I would advise now getting involved with it, even though our service technically supports both.
Am I the only one who thinks it's weird that they are calling it Bitcoin SV and not Bitcoin Cash SV???? Is SV trying to separate themselves from Bitcoin Cash and align themselves more with core? I dunno, haven't kept up with this stupid drama really so excuse the ignorance.
what it says makes perfect sense to me:
WARNING: Bitcoin SV does NOT meet Kraken’s usual listing requirements. It should be seen as an extremely high risk investment. There are many red flags that traders should be aware of:
Custodial losses taken on due to attacks originating from nChain or its affiliates will be socialized among all BSV holders on Kraken. Given the volatile state of the network and threats that have been made, Kraken cannot guarantee perfect custody of BSV.
Lols
TL;DR:
if your chain is not as secure as you thought because *checkpoint* then don't blame yourself for not following nakamoto consensus, blame the ones that are ! We will privatize the profits to you and socialize the losses to them. That sounds like what the central bank or a socialist dictator would do ? no no no, because you are the one going to benefit from it, thus you should put all morality aside and accept it with open hands. You never had the chance to do all the evil things the central banks do, now you can. That's bitcoin's spirit baby ! Satoshi would be proud
It is, production of a psycho who claims to be the god of crypto, what could we say?
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Making BAB a similar risk.
Our research does not in any way consider whether the price is currently justified, or likely to go up or down in the future.
It doesn't?
Great I’m glad they are opening it up. Let the market decides the respective tokens values.
Damn. That's pretty aggressive language. It's clear Kraken is expecting some shady shit if their warning they will socialize losses among BSV holders.
Edit: For anyone that wants a tldr:
"Custodial losses taken on due to attacks originating from nChain or its affiliates will be socialized among all BSV holders on Kraken. Given the volatile state of the network and threats that have been made, Kraken cannot guarantee perfect custody of BSV."
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