Bitcoin Forks were profitable today - what happened? - page 2.

zhekinsp

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Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

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?

Bitcoin even gained same amount of price for last 48 hours so the coins you are mentioning just raised because of bitcoin price hike.

What about the other forks like bitcoin gold and diamond! Is there a platinum? Tongue

makishart

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Quote from: puremage111 on January 12, 2020, 08:34:17 AM

Well it is very much manipulation there
Because all these BTC forks have kinda weak liquidity/order book (Except BCH but i still consider it weak)

Thus, it can easily push and also, easily dump too
Everything is 2 way

Only manipulation that has already made by faketoshi's friend and that's alreadyp planned since last month if this month they will create a pump to make those stupid people who are believing in faketoshi to put all of their money to the BSV pump.

It's not about liquidity but the fact that if all of the bitcoin fork coins have very weak fundamental as it's only a crap coin without a clear vision.

Bitcoin gold is a crap coin getting pumped by the manipulators too. Those people were shorting it will be trapped again.

spangler

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Quote from: rosezionjohn on January 10, 2020, 11:29:31 AM

Craig must have forged another document to prove that he is the real Satoshi and his bsv club believed him.
Roger must have increased the block size again and his bch gang became frantic.

Cheesy

I agree with you, but halving production also has some impact

Finestream

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I am pretty sure it's another pump and dump for BSV, we've seen this many times but this one is bigger as BSV were able to achieve a new ATH in just a very short period of time, particularly this pump happening now.

according tho this article, it mentioned exit scam? lol

https://www.ccn.com/bitcoin-sv-doubles-in-24-hours-skeptics-cry-exit-scam/

Aabcde

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It's just an ordinary and normal price increase, and then it will go down again.
Personally, I am very far from forks coins, for some reason I do not believe it because they are not projects that were built from the beginning but the results of previous projects. So I think it's just junk and doesn't deserve to be bought or stored.

timmmers

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Bitcoin SV 100% pump today! Now the market cappitalization of BSV is bigger than Bitcoin Cash ABC. Maybe Craig Wright is really the Satoshi what we are finding? Cheesy

For me this is the start of next bull market because when altcoins grow more than Bitcoin, market has the power for next growing cycle. Cool

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: alyssa85 on January 12, 2020, 07:42:49 AM

These are just classic pumps. It's easier to pump these coins as they don't actually have a lot of volume.

Added on top is the cherry that they have a name that applies to the leader of all cryptocurrencies. That is what they thrive on and make themselves popular. You just need to confuse some noobs into thinking that you are the God here and sell them your shitcoins because they have bitcoin in their names. Those poor souls dont even know anything about what is the real bitcoin and they are being sold something that is a copycat.

Quote

When these pumps happen, use the opportunity to cash out your coins. That frees money up to invest in other more sustainable projects.

Its more like CSW or RV using the money to cash out their own and dump their shitforks. They are the ones who make the money and being exempted from fraud they are not being hunted by the law makers.

betty11

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Maybe the major supporters of both coins decided to shill BCH and BSV, didn't see it coming should have bought to just take profit and not for a long term hold because when bitcoin becomes very aggressive in price growth, even forks will bow to pressure of the bitcoin.

puremage111

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Well it is very much manipulation there
Because all these BTC forks have kinda weak liquidity/order book (Except BCH but i still consider it weak)

Thus, it can easily push and also, easily dump too
Everything is 2 way

judaspriest

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Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

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?

I'm not interested in fork coins from bitcoin, I can't guarantee whether there's a future there, I'm clearly avoiding it, even though it's up 30% I'm still not interested, You surely know that there is no information why these two coins are PUMP

alyssa85

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Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

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?

These are just classic pumps. It's easier to pump these coins as they don't actually have a lot of volume.

When these pumps happen, use the opportunity to cash out your coins. That frees money up to invest in other more sustainable projects.

btcdie

sr. member

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Quote from: NeuroticFish on January 11, 2020, 07:44:54 AM

Quote from: rosezionjohn on January 10, 2020, 11:29:31 AM

Craig must have forged another document to prove that he is the real Satoshi and his bsv club believed him.
Roger must have increased the block size again and his bch gang became frantic.

You may not be so far from the truth!
Another idea could be that's a pump done by some whales as a preparation to exit those markets/coins.

Agree with your idea, starting from the beginning the coin is filled with manipulation. There is someone who is greedy, that is, he always wants to profit by any conditions. I'm sure the whales are starting to regret now because there is no significant growth and even the movements tend to be all fake. FUD and FOMO are the main composition in this coin to get profit. I think there are lots of projects out there with new technological innovations.

mrdeposit

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Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

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?

Bsv always increases because of "great demand". Cheesy

Due to Faketoshi's unjustified efforts, there is a 35% increase in its price.
Besides, do not look for a reason for the increase in bch, this is the usual market situation. There were also increases in the prices of others other than forks. Did you notice ltc in the last 2 days? price increased by more than 20%.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

I didn´t find any information connected to the today´s growth, maybe insider trading?

Looking for information related to why a certain shitcoin goes up is a wrong way to approach the market. You will never be able to find out the reason because in many cases due to the unregulated nature of this market, OTC deals and then pump and dump happen where whales play the market and make money from it. It can be a coordinated pump by some venture capitalist groups or just coincidence.

What you really need to know is that BTC is the real bitcoin and that people who claim to be someone else without proving it are liars.

fuer44

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normally, yes, trading. the first thing you can see from a rising coin is the volume of purchases or trading that rises. because that is the main theory of crypto, so most likely when bitcoin experienced an increase earlier this year and bitcoin also immediately forked, bitcoin SV also received a great deal of attention from users. because if something bad happens to bitcoin halving, maybe they are ready to move to bitcoin SV.

minairia3

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Both projects are being shill recently so I the pump can be seen growing but people are just riding and wanted some profits. Traders usually like this, jumping from ship to ship whichever could gave them bigger gains. After this it will recede and another coin will be new center of attraction. Manipulation can't be controlled especially if Craig Wright doing some dramatic interviews.

crossabdd

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in crypto, price increases are sometimes not with good news. only speculation of the trade that you are. it can also be through graphical analysis that makes the pump. bitcoin cash and bitcoinSV are the main children of bitcoin. so that price fluctuations remain good following bitcoin. I think it's just speculation from traders (whales)

hatshepsut93

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They were always manipulated pump and dump shitcoins, it's not even worth looking at them, if you try to trade them you'll likely lose your money, since you won't have insider info on these market manipulations. Everything about them is fake - fake nodes, fake communities, fake ideas, fake leaders - sooner or later they will crash to the ground, and bagholders will be left crying.

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Quote from: CjMapope on January 11, 2020, 11:48:28 AM

Quote from: ATSgrowth on January 10, 2020, 11:08:49 AM

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?

probably the coins the chinese and scammer CSW have been stacking for years now
finally they are pushing to dump them, so they pumped it, nothing to see here Tongue

just Jihad being well... Cheesy

whenever those coins move i always ignore it, its always manipulation when your dealing with a scamcoin, better off to not give them the attention
as thats all Wu and Ver and CSW want, attention.

And after they get tired of manipulation of their own coin, we will see the aftermath of this maybe few years from now. They have no foundation to begin with and there's no reason to exist. Who are using these coins in actual day to day living? Are there shops accepting these coins?

pixie85

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BSV is on its last legs and any pump is only a dead cat bounce nothing more. With every failure of Craig there's less and less people who believe him. The only good thing for him in all of this is that Calvin can pump it easier now because it's worth less fiat money.

It's not going to go anywhere but down in the long run. I wouldn't buy into this pump if I were you.

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