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Topic: BSV goes up by 50% in 24 hours, bull trap? - page 2. (Read 696 times)

hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
January 15, 2020, 09:33:48 AM
#54
for those who think that the increase in the price of Bitcoin SV is a bull trap, it looks like they have wasted their chance to get a big profit. whatever your opinion of the increase that occurs, it seems like only those who dare to take risks can make a profit from this. for me, it seems like I need to pay attention to the fluctuations that occur in BCH. yeah, since the first time BCH has always provided a fairly high price increase.
But you should know that opportunities in the crypto market are an indispensable thing, ignoring this opportunity, we will have other opportunities in a similar time period, but if we fall into a bull trap, the chances of us coming back are very low when the amount we can lose is almost entirely the amount we invest. With such a level of risk, regardless of whether the profit is large or not, we should still be in doubt and not involved when we are not a big investor, we will not have enough money to play in a battle of manipulators.
sr. member
Activity: 1932
Merit: 448
January 15, 2020, 07:24:25 AM
#53
for those who think that the increase in the price of Bitcoin SV is a bull trap, it looks like they have wasted their chance to get a big profit. whatever your opinion of the increase that occurs, it seems like only those who dare to take risks can make a profit from this. for me, it seems like I need to pay attention to the fluctuations that occur in BCH. yeah, since the first time BCH has always provided a fairly high price increase.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
January 15, 2020, 05:35:32 AM
#52
Dash did the same thing, from 40 to 115 dollars! When I woke up this morning I was surprised, I still am, something crazy happened overnight. I don't know about bsv, I don't have many bsv coins, but dash is interesting and I have some nice amount, I am thinking to sell now, is this a temporary rise? Or we can expect further rise?
Like always we need to play smart, after such rise I will dump 50% of my dash, minimum! If it rise more I will have what to sell, if it drops back from this point I will have money for rebuying.
I very fortunate to have chosen DASH long-term investment and today is really the day that all long-term investors feel very profitable. In my opinion, both BSV and DASH coins have a very surprising growth and this will definitely make the psychology of investors feel better. I don't know much about the growth of BSV but this coin usually increases by more than 100% in just a few hours.

However, you should be more careful because after the bull period, these coins will have a big adjustment and it is best to sell them all to ensure profit.
legendary
Activity: 3248
Merit: 1179
January 15, 2020, 05:12:41 AM
#51
Dash did the same thing, from 40 to 115 dollars! When I woke up this morning I was surprised, I still am, something crazy happened overnight. I don't know about bsv, I don't have many bsv coins, but dash is interesting and I have some nice amount, I am thinking to sell now, is this a temporary rise? Or we can expect further rise?
Like always we need to play smart, after such rise I will dump 50% of my dash, minimum! If it rise more I will have what to sell, if it drops back from this point I will have money for rebuying.
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
January 15, 2020, 04:13:47 AM
#50
if seen today the BSV had touched above 100%, I want to really know about the pump they do it, still curious about how much money they have, so they continue to buy BSV increase trading volume, I'm sure everyone waits until now waiting for BSV really exploded and then it will fall, make a lot of people lose money, then they come whining to this forum asking "why is there a dump on BSV?", whereas we have warned it is far from before
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
January 15, 2020, 03:23:12 AM
#49
Question is, is the increase due to increase in real users, increase in real investment inflow, due to the usefulness of the coin or is price being deliberately manipulated? How many real users are on the network, by the way? Hundreds, thousands, millions? And how decentralized is the coin. Looks like everything is centered around a single individual/stakeholder.

I think these are part of what determine the actual value of a cryptocurrency project and not the price. The price factor need to be organic else it should be ignored.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
January 15, 2020, 02:50:14 AM
#48
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.
Now its price has passed the bitcoin cash price, and it is really impressive since the all time high before just touch $250. I don't know this is bull trap or not but the trader or its inveator should be careful about it. Just supprised with this movement price since there is no fundamental information especially from CS as its creator.  Seem like the cryptocurrencies price will touch another all time high not just for BSV only.

Yes it surpassed Bitcoin Cash price however it needs to sustain it. Most likely if there is no positive developements on Feb 3rd, it will come crashing down to the ~$100 area or even lower.

This coin is purely news driven and very illiquid. Basically this is what used to happen with Bitcoin Cash and Bitcoin during the 2017 days. BCH would get pumped and BTC would dump when they were competing with each other against hashrate ways, difficulties and long block times.

In the end obviously BTC won and you couldn't kill it.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
January 15, 2020, 12:06:36 AM
#47
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.
If I'm correct. This will be the second thread opened where the recent uptrend in price of BSV was communicated on this forum and I'm still surprise the whole thing people focus the most making more money and forget the fact that the uptrend of a coin doesnt make it a better investment.
Wake up people and dont be blame by Craig and Roger lies.
People wont care if its been tagged with horrible history or been frowned upon by the community as long we can make profits
then personal negative views and insights would be disregarded.

This doesn't only talk with BSV but also BCH do have currently 22% in increase.Why? We cant stop people not to buy specially
the market is hyping or totally a new start of bull run.Its just a matter of choice and risk taking.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
January 14, 2020, 10:43:26 PM
#46
Is just a manipulation and also a bit of pump some who have interest to grow this coin and also they want to get some much if they sell their coins but this is not the real bitcoin never ever.
It's clearly only manipulation from those who think and believe rumour about CSW would unlocked the 1.1 million of bitcoins. This is clearly fake pump and soon it will be falling back to their price before (this shouldn't stay longer imo)
member
Activity: 868
Merit: 16
January 14, 2020, 10:37:24 PM
#45
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.
Now its price has passed the bitcoin cash price, and it is really impressive since the all time high before just touch $250. I don't know this is bull trap or not but the trader or its inveator should be careful about it. Just supprised with this movement price since there is no fundamental information especially from CS as its creator.  Seem like the cryptocurrencies price will touch another all time high not just for BSV only.
hero member
Activity: 1666
Merit: 753
January 14, 2020, 07:48:00 PM
#44
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.

I've honestly never seen manipulation of a coin this large in scale.

The pump seems to solely be based off of the information that CSW has been providing to his supporters, and that is enough to drive the markets completely nuts it seems.

I don't even think that the pump is 100% organic in the sense that it's likely fueled by a lot of short squeezes as well as leveraged positions from speculators that would otherwise want nothing to do with BSV.

A correction is imminent. There is no way around it.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
January 14, 2020, 06:47:35 PM
#43
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.
If I'm correct. This will be the second thread opened where the recent uptrend in price of BSV was communicated on this forum and I'm still surprise the whole thing people focus the most making more money and forget the fact that the uptrend of a coin doesnt make it a better investment.
Wake up people and dont be blame by Craig and Roger lies.
hero member
Activity: 1414
Merit: 516
January 14, 2020, 06:22:18 PM
#42
Is just a manipulation and also a bit of pump some who have interest to grow this coin and also they want to get some much if they sell their coins but this is not the real bitcoin never ever.
legendary
Activity: 1680
Merit: 2212
January 14, 2020, 05:55:48 PM
#41
Already referenced this elsewhere, but looks like a short to me on smaller time-frames  Cool

I think BSVBTC could work out a nice short trade on a shorter time-frame. After a 100% gain in a day, I don't see much more upside, only Craig & co dumping bags:



Could be wrong, but worth the risk reward in my opinion. Completely overbought, though conflicting indicators as Bitfinex shows heavy selling pressure from a ridiculous wick to 0.24 btc, whereas Bittrex and others shows strong buying pressure (as there wasn't much of a sell off).

Entry: break of Agressive 13 sequential count.
Stop: high of the 9 candle
Profit: base of the rally
hero member
Activity: 1470
Merit: 509
January 14, 2020, 05:23:48 PM
#40
Must be by mistake. The price today spike up to 90% and no signs up going down yet.

But It must be dumped before Feb 3, CW has to prove he has the BTC since the court asked him to prove he has the BTC in control to prove he is satoshi. If he can't prove this, he'd be proven fake finally.
Wow. BSV is now $ 330, even passed BCH, and fourth in the market. What could have triggered its price in such market situation? Where is such a strong demand? Why can not we see?

Make sure that the price will ultimately go down. Today's price increase and some false statements are used only to gather supporters. Lets wait for the outcome of this court, but also make sure that someone who can influence the price so much will do it again in the future until the money runs out .
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
January 14, 2020, 04:43:47 PM
#39
Someone paid $2165 for BSV   https://www.bitfinex.com/t/BSVBTC?refcode=6dwJVwfb
$8660 for BTC at the time and goes up to 0.25
How crazy


Must be by mistake. The price today spike up to 90% and no signs up going down yet.

But It must be dumped before Feb 3, CW has to prove he has the BTC since the court asked him to prove he has the BTC in control to prove he is satoshi. If he can't prove this, he'd be proven fake finally.


full member
Activity: 672
Merit: 100
Tontogether | Save Smart & Win Big
January 14, 2020, 04:40:59 PM
#38
i have no idea , bsv always showing a sudden action. but after just a few short time, BSV drop quickly.
but,on this time,BSV has crazy,i have no point about its a bull trap.
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
January 14, 2020, 03:49:48 PM
#37
Someone paid $2165 for BSV   https://www.bitfinex.com/t/BSVBTC?refcode=6dwJVwfb
$8660 for BTC at the time and goes up to 0.25
How crazy
sr. member
Activity: 1554
Merit: 260
January 14, 2020, 02:43:48 PM
#36
recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.

The price increase was caused by some fake fork. I'm sure it's just manipulation and pumping prices just to make a classic dump later. I would not be surprised if Roger Ver himself will be the first to sell at the top.
Where is the top?
I wish I know, then maybe I would go into this pump & dump myself. But those who stay behind know.. Wink

You think Roger has any BSV to sell?

He was one of the largest bagholders of Bitcoin, because the BTC -> BCH fork became one of the largest BCH owners -> after the BCH fork became one of the largest bagholder of BSV. If he hasn't sold it yet, he has a HUGE amount!!

A fake fork is that the same as no fork?

I heard that the fork was announced, but did it take place? I don't know .. Does anyone have information about that, or anything confirmed?
legendary
Activity: 2030
Merit: 1030
Privacy is always important
January 14, 2020, 02:39:20 PM
#35
OMG they overpass the BCH in few weeks according to Coingecko and nearly in Coinmarketcap.
I have this coin in my old wallet after the fork of this coin. Small amount but maybe after block halving we will see the price reach to 1000% again as what happen to bitcoin and Bitcoin cash.

I just don't see the reason why it is increase too fast compared to bitcoin cash which is the first one.
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