The largest stock exchange began listing Bitcoin ABC and Bitcoin SV
The largest stock exchange began listing Bitcoin ABC and Bitcoin SV
Two days have passed since Bitcoin Cash hard fork. The hash war is in full swing, but the number of crypto-exchangers that added Bitcoin ABC and Bitcoin SV has increased markedly.
As a result of the hard fork, investors have already lost about $3 billion, but the losses are not only they: the pursuit of hashrate costs miners a pretty penny. According to BitMex Research pools, working for ABC and SV, are losing about $700 thousand per day.
The developer of solutions for Bitcoin and partner of Blockchain Capital Jimmy song said that according to his estimates, the losses of miners should be added $1 million per day: so much they lose by ceasing to mine the cue ball.
But it seems that both teams are ready to go to such costs, because the winner will receive the status of the successor of Bitcoin Cash. This means that the asset of the winning chain will be in demand and liquidated. Fighting for it.
Now the cost of ABC and SV is much less than the capitalization of Bitcoin Cash on the eve of the fork, but contrary to the forecasts of Craig Wright, the assets of new services are actively traded. Moreover, there are more and more people willing to provide the possibility of operations with them.
Over the past day, Bitcoin ABC and Bitcoin SV listing have started Binance, IDAX, Cucoin, YoBit, OTCBTC, Bitbns, Koinex, CoinBene. However to make deposits and withdrawals the new tokens are not as long as the work of the block chain not stabiliziruemost.
In conclusion, a few words about the price dynamics. Bitcoin SV has grown by 13% today and is now trading at $128, and Bitcoin ABC has slipped by 11% and is now worth $253.