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Topic: any reason why BCHSV was trading at $200 AUD on btcmarkets.net ? (Read 157 times)

hero member
Activity: 868
Merit: 500
For me this is very simple, Craig is from Australis and likely have great influence in the crypto space in the country, I have seen this play out several times with Chinese, USA, and Korea projects trading at premium prices of the exchanges from which they are born and Bitcoin CashSV is not exemption
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
It is back to $124 now still high compared to other exchange though, unfortunately, btcmarkets only support Australian user so yeah I can't register. I think that just a pump and dump group I think trying to get some money from FOMO investor. I don't think a person with brain will just buy BCHSV in cryptomarkets that price almost twice from other markets.
full member
Activity: 504
Merit: 100
haha..lol, you are a person who is never afraid of the risk of crypto trading,

I know, you choose coins that do not depend on the influence of Bitcoin prices, so you choose coins that depend on FIAT to reduce the risk of accidents in global trade.

It's actually a smart thing way to go about it if you ask me. But if then again, in the end, they're all influenced by the price of Bitcoin. BCHSV is currently $115 on Binance and I think some FOMO is causing the price to surge

yeah buddy of course, this is a good way of trading, maybe you are right in the end they will be influenced by the price of bitcoin, and sometimes I also trade with coins which are being discussed with many FOMOs, I think it will surge.
full member
Activity: 560
Merit: 165
You really are today bchsv up more than 100%, this is a very great thing, but I do not know this is just fomo or behind this there will be a big one with bch sv
hero member
Activity: 1458
Merit: 509
There looks to be some insider buying with SV, hence some exchanges trade SV higher than others.
Also FOMO is kicking in, with people saying SV's price will get multiple times higher than BTC ATH.

Whereas the reason why some exchanges trade SV lower (such as Poloniex and Bittrex) is because deposits haven't been activated yet so no arbitrage is possible. Things might change end of this week..
When FOMO end and i guess that will be back again. I have seen this situation so many times and remember when these guys roger jihan and craight were FOMOing bitcoin cash as the next original bitcoin and at the end of the story it's died. this is a big joke in this day.
copper member
Activity: 182
Merit: 2
haha..lol, you are a person who is never afraid of the risk of crypto trading,

I know, you choose coins that do not depend on the influence of Bitcoin prices, so you choose coins that depend on FIAT to reduce the risk of accidents in global trade.

It's actually a smart thing way to go about it if you ask me. But if then again, in the end, they're all influenced by the price of Bitcoin. BCHSV is currently $115 on Binance and I think some FOMO is causing the price to surge
sr. member
Activity: 418
Merit: 262
There looks to be some insider buying with SV, hence some exchanges trade SV higher than others.
Also FOMO is kicking in, with people saying SV's price will get multiple times higher than BTC ATH.

Whereas the reason why some exchanges trade SV lower (such as Poloniex and Bittrex) is because deposits haven't been activated yet so no arbitrage is possible. Things might change end of this week..
full member
Activity: 504
Merit: 100
haha..lol, you are a person who is never afraid of the risk of crypto trading,

I know, you choose coins that do not depend on the influence of Bitcoin prices, so you choose coins that depend on FIAT to reduce the risk of accidents in global trade.
newbie
Activity: 32
Merit: 0
Beucase faketoshi is facking crypto market and people as protesting agains him, this guy is a disease and nobuddy should ever listen what this fraudester says.
newbie
Activity: 2
Merit: 0
But if i'm aussie cant i just go on btcmarkets.net and buy BTC with my Aussie Fiat and than send it to Binance and buy BCHSV there? I dont understand why someone would be stupid enough to buy 17 BCHSV for 192.41 each and 6 BCHSV for $199.00 each.
legendary
Activity: 1568
Merit: 1031
That's actually a good theory If we take in consideration that he's from Australia.

It could also be normal because sometimes prices differ a lot when the exchange only serve one country as we've seen in the past, bitcoin price is higher in Indian, Korean exchanges etc.
newbie
Activity: 2
Merit: 0
I can buy the coin on Binance for 0.013668 or $62 USD. Any reason why this is happening? Only thing i can think of is Craig Running out of Bitcoin and using Fiat to Buy BCHSV lol.
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