Cryptocurrency exchange Bittrex was removed from the auction Bitcoin Gold (BTG) – hardwork bitcoin is resistant to ASIC mining. In may 2018 happened attack 51%, and users lost $18 million.
Bittrex share the responsibility with developers and customers paid part of the money. The exchange demanded that the project that they paid her the remaining amount in 12 372 BTG ($265 000), thus covering its losses. The site gave me an ultimatum: either pay, or delisting.
Our community asked us to comment on Bittrex”s action regarding BTG. You can read our full response here: https://t.co/UZWaIFRwHb
— Bitcoin Gold [BTG] (@bitcoingold) September 3, 2018
Then, the exchange has reduced the requirement to 6,000 BTG, but the team still refused to pay. The fact that this is a non-profit organization that takes profits from crypto currencies, all rewards go to miners.
In his statement, the command stressed that delisting minimally affect the liquidity of coins.
“We believe that the impact of the action on Bittrex our ecosystem will not be too significant, because the exchange is not of the top liquidity providers. The current top includes HitBTC, Bithumb, Binance, Bitinka, Bitfinex. The Bittrex market is only a small part of our trading volume”.
Bittrex has recently made a serious effort to add USD markets – for example, it is now the pair traded against the dollar with Cardano, zcash for. Also added stabilini Tether and TrueUSD.
BTG is on the 29th place in the ranking of CoinMarketCap. Looking at the chart, there was a decline in the price 2 September, but not too significant if compared with the previous price movement.
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