Anthony Pompliano is not new in the crypto world. His remarks come with a lot of controversies. In the latest Twitter outburst, Anthony stated that if all exchanges delisted BSV, it would act as a solidarity sign behind Bitcoin. He wants all exchanges to delist BSV by May 1, 2019.
Supporting the only thing that matters
Anthony is famed for actively participating in the crypto industry. He is the–founder of a crypto-focused asset management company, Morgan Creek Digital. This time, he focuses mainly on a battle between Craig Wright and Changpeng Zhao. Pompliano argues that BSV should be delisted from all major exchanges by the end of this month.
Every exchange should delist BSV simultaneously on May 1st in a sign of solidarity behind the only Bitcoin that ever mattered.
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
— Pomp 🌪 (@APompliano) April 12, 2019
If exchanges follow his request, it would decrease the BSV ecosystem trading activity considerably. According to a picture by @themazuma in the comments under Pompliano’s tweet, BSV has a surprisingly large market share.
— ◼️➖◻️➖🔳 (@themazuma) April 13, 2019
Most crypto market players seem to cook stats with some of the exchanges recording extremely high trading volumes. These records are evident from the TIE research.
BSV has the attention it wants
Craig claims to be ‘the real Satoshi.’ He recently sent legal threats via Twitter to @Hodlonaut aiming to force him to notice Nakamoto’s shining in Craig’s eyes. Craig has made it a habit to threaten people via the Internet. When Changpeng Zhao, Binance CEO, saw the Hodlonaut drama, he threatened to delist.
Zhao joined the many potential targets for Wright’s lawyers but gained massive support from the Bitcoin community. The entrance of Pompliano in the Twitter war makes him a powerful opinion leader and not just an ordinary crypto supporter. Anthony wants all exchanges to delist BSV by May 1 to prompt Wright to file as many lawsuits as he can.
It is not all about the trading
According to debates especially on Twitter, many crypto holders think BSV somehow damaged BTC and other ‘legit’ cryptos through its inception. Bitcoin Cash got similar allegation in the past. How is the damage measured? Logically, a coin cannot damage the other by appearing from a hard-fork. However, price drops occur due to people’s opinions.
So, why did Pompliano attack Wright and insert a bitcoin mention? It may look like he wants the significance of BTC to rise than it currently is compared to other coins. That makes it an excellent strategy for professional price pumpers and market gurus.
— DigiByte Bolivia 🇧🇴 [DGB] (@DigiByteBolivia) April 12, 2019
Can this move benefit Bitcoin SV?
Bitcoin SV seems controversial in its claims to offer bigger blocks than Bitcoin Cash has. BSV could be known as “the Orthodox Church of Bitcoin” apart from the block size increase. BSV aims at bigger blocks and returning to BTC 0.1 as to the ‘standard’ that Satoshi set back in 2009.
Since that space features thousands of talented financial cryptographists, rattling such a tricky coin can make it more popular. The popularity could arise due to the greedy trader’s habit to sell or buy coins disregarding their key developer’s accomplishments in the privacy field.