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Topic: Bitcoin Forks were profitable today - what happened? (Read 650 times)

full member
Activity: 1386
Merit: 101
ComboLabs
talking about BCH and BSV ?, it seems like people will be trapped in BSV FOMO, the increase in ATH makes traders and investors feel confident about BSV, but in fact I think it's only FOMO
legendary
Activity: 2100
Merit: 1058
People do not really hate faketoshi, only when he does something flamboyant and gets our anger but aside from that, dude is basically someone we keep forgetting that he exists.

I mean think about it, before all of this started, did you really remembered he existed at all? He is just a guy who time to time comes up and says something seriously moronic (like sub80 IQ stuff) and then gets mocked and does something to anger us and after a while gets forgotten again.

So I assume he probably does all of this to keep people reminding himself in order to stay semi-famous, he is not known anywhere in the regular world of course but at least he gets some online fame from the crypto world when he does something, it could be hatred but at least it is an attention he doesn't deserve otherwise.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
99% of the community here hates Faketoshi,
I am stressing that bolded word. The community here is bigger than the BCH shills, I hope.

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so who is really buying BitcoinSV?
The BCH shills? Or some other brain dead venture capitalist who wants to join the fray and make some quick returns with CSW/RV. Point is that these venture capitalists are not completely brain dead, even though I just said so. They will exit at a sudden moment and make the market crash too leaving the shills crying but CSW already knows about that because it was an NDA contract. Grin

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Probably himself to show us how stupid we are? But at the end we will see who is really thickheaded.
I dont think it is necessary. Those who know what bitcoin is the real bitcoin can jus continue telling the truth and nothing more. Those who want to go the other way, you can not stop them. Let them understand mistakes and come back.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
99% of the community here hates Faketoshi, so who is really buying BitcoinSV? Probably himself to show us how stupid we are? But at the end we will see who is really thickheaded.
well, 99 percent is a big number but 80 percent is for sure. and it is obvious that 20 percent of the entire cryptocurrency community simply can not so sharply raise the price of the coin. Of course, there is a chance that fakesatoshi found some kind of strong investor who invested money in it, but nevertheless, most likely this is ordinary manipulation with the aim of making even more money
sr. member
Activity: 826
Merit: 252
We will never find the truth information about movement but I think is just a bait. Many people connect with " Craig " but I believe not because of him, another whales take that news as first step to manipulate market. This time many news comes up but nothing about development program, just fake rumor. Market need good news from developer about coin progress and government about regulation, that's real news we need. Think twice to see BCH and BSV movement as market direction, stay calm and stay away from rumors.
legendary
Activity: 1722
Merit: 1014
How long will it take everyone to understand how these markets work... There is no direct connection with some news and events and these pumps you are watching. Pumps are made by whales... who sometimes use news to amplify this pump.
hero member
Activity: 2534
Merit: 586
Craig Wright had a court case about him keeping 1 million bitcoins that was suppose to be someone elses, he decided not to give it to that person and kept it so now he is sued about it, which in return somehow angered Craig (which is weird considering he was the one who stole it, not stolen from) and if court decides that he has to give it back, dude would be screwed a big time (one million bitcoin) so dude basically sold thousands upon thousands of bitcoin which actually stopped the bull run of bitcoin for a few days, then used that to buy as many BSV as he can because nobody can tell him to give BSV to someone else, so he bought his BSV as a safety and that increased its price.

Simple as that, nothing secret going on, these are all public record stuff that anyone can search and check the facts.
member
Activity: 798
Merit: 38
I am not too concerned about BCH, but more of BSV, even though they are not too different from each other. I think Craig is determined to take Bitcoin SV to any length. I do nit believe in his claims, they are all means of deceiving people, most especially those who are easily carried away by mere gimmicks. Their profitability today and can a great loss tomorrow.
full member
Activity: 1330
Merit: 147
99% of the community here hates Faketoshi, so who is really buying BitcoinSV? Probably himself to show us how stupid we are? But at the end we will see who is really thickheaded.
I think there some whales who believe that he is the real Satoshi Nakamoto and spend their money to buy bsv.

And maybe the currently pump deliberately done because bitcoin will meet halving event so I could tell it as a trick to make many people believe that the real satoshi is him. Also I'm so curious what will happen when the halving event comes. Will the bitcoin price increase drastically and bsv price dump or otherwise.
full member
Activity: 784
Merit: 101
99% of the community here hates Faketoshi, so who is really buying BitcoinSV? Probably himself to show us how stupid we are? But at the end we will see who is really thickheaded.
jr. member
Activity: 714
Merit: 3
Bitcoin mooned as well. Bitcoin forks most times are known to moon alongside it when it moons. Aside BSV, Bch had not much signicabt increment in price.
copper member
Activity: 210
Merit: 1
I also noticed the sharp increase. The increment rose to over 90% as at the Last time I checked yesterday. I believe this is another indicator that the bull run is fast approaching and it may come like a thief in the night. So we need to be watchful, fill up our bags and strategies for the next bull run.
legendary
Activity: 2338
Merit: 1124
Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?
Huge demand is been created for such forked coin and it is what is deriving the price onto the top. The prices are quickly moving up and perhaps it might be the outcome of higher promotion rate of such coins. I do not like such forked coins so I sell those as soon as I get those and are listed on any exchanges because I do not feel it beneficial for holding onto long time.

It indeed is giving profits to a lot of holders but the profit might not be constant. They might lose their earned profit as well as their capital by investing in such coins so it is never an better option for me at least. Bitcoin cash might be somewhat good that Bitcoin SV but I would never prefer anyone to invest in these coins if they are looking for long term profits.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
In fact,,, BSV gained over 100% from one point onwards and even cost more than BCH but this was all that could happen.

Craig the Pinocchio told everybody his magic courier arrived with the Bitcoin keys to 1 million BTC to prove he is satoshi nakamoto.

Yes the guy who says he is Satoshi gives his keys to Tulip Trust. If anyone still believes him the world is crazy.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
I also can't be sure what made the increase so high like this, if it were of course people would think this was deliberately done by the team itself, because the increase didn't make sense.
this only pumps for a moment and soon the price will return to normal I think.
full member
Activity: 1820
Merit: 107
Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?
Cryptocurrency has full of surprises thats why its not a big deal anymore to me, daily or weekly trading price on each platform was changing as always others destined for pump while others destined for dump, that's how the market works, maybe its artificial or natural price movements and Bitcoin fork coins is not exempted with these, in the case of BSV and BCH pump i believe that its only temporary and eventually it will return to its previous price. since there is no convincing reasons to support the price rally at these time except those boring drama.
hero member
Activity: 1008
Merit: 501
Crypto market was pumping well yesterday, so Bitcoin Cash and BSV have grown up as normal, but the way both coins pumped, it's definitely manipulation by the whales or by the team ownself! I still can't believe BSV price has grown up at that high! In a week, it has grown up by 137%! This is absolutely manipulated but good for the holders who will sell now for sure!
member
Activity: 560
Merit: 13
"Fork" is always profitable, manipulation is the main cause for this because any one can do fork whenever they want. Making use of opportunities is a smart move to make good money from BCH, so I suggest to take this as a chance. Similarly BTC cannot be replaced by anyother coin, even if it gets older it will always remain as a king in crypto market.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?
There is a hike because most markets all come in the pump, I do not know for sure the mastermind behind this there is what news or still World War 3 news. Or just the popes who play on all altcoins and bitcoins.
member
Activity: 770
Merit: 14
www.thegeomadao.com
Cryptocurrency is unpredictable. So it is not that much easy what factors push coins' price increment. But the fact that forks were or are profitable is not convincing. Despite surging in price lately, Bitcoin Cash has remained below the ico price. So how can we say that bitcoin's fork is profitable? Good and strong team is behind a success story.
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