The whole thing and idea behind BSV is total crap and a highly centralized coin will always to control by the wallet with the highest hash rate.
80% is more or less a total control and so we shouldn't expect anything different from what we seeing at the moment in no distant time, no one will hear about BVS again just like LUNA did to investors .
Topic: BSV the end. - page 2. (Read 366 times)
I sold my BSV when they started misleading the public that it was the original ideology of bitcoin that they were going to dethrone bitcoin and become the original bitcoin Some noobs got screwed by the false tales about BSV, I haven,t check t \he price for a long while now.
i dont know why people keep discussing this coin https://bitcointalksearch.org/topic/bsv-90-increase-scam-5148909 https://bitcointalksearch.org/topic/kraken-delisting-bsv-we-are-all-satoshi-5133327
in this subforum alone there is dozen those are two example
and yes if you hold more than 50% hashrate you can pretty much do anything on your own chain
in this subforum alone there is dozen those are two example
i guess a miner holding 80% of the hash rate can do whatever they want to, including denying people the right to spend their BSV.
and yes if you hold more than 50% hashrate you can pretty much do anything on your own chain
Question is why would anyone want 50% of the bsv chain lol. I mean I guess for the lols but that hashpower can be better spent elsewhere no? And if this really is the case it should likely be just as the title says, the end.
It was always obvious that there wouldn't be any long life for BSV anyway, and it doesn't matter if they can recover from this or not, it never really mattered. Anyone who cared enough about this project was warned against it, and it was something that dropped significantly in the ranks even before any of this, and if they still invested then they knew the risks. Who would spend time on investing into something Craig Wright did?
It’s obvious that dude is a liar and if you believed him then it’s your own fault. With this, it’s now proven that we are talking about something that is doing a bit worse, and not a shock to anyone like me who knew it was a bad project even at the start.
It’s obvious that dude is a liar and if you believed him then it’s your own fault. With this, it’s now proven that we are talking about something that is doing a bit worse, and not a shock to anyone like me who knew it was a bad project even at the start.
Craig Wright’s BSV chain has been captured by a single miner
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.[/b]
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.[/b]
Is this really true? I mean i am no IT guy but i just checked the price of Bitcoin SV and it did not move in the last few days. I would imagine that the price would heavily go down when news like the one that you posted become public because a blockchain that is completely controlled by one miner has nothing to do with crypto currency in my opinion because it is just as centralized and controlled like all the FIAT currencies.
Overall i have to say that i have never really been a fan of such forks and i am always surprised that such forks are able to maintain a relatively high price at all. In the end such forks create a lot of money out of nowhere that needs to be bought up by others first. I am always surprised that people are buying that fork coins.
While he is chasing after holdnaut with a lawsuit, his crappy network is under siege. This is always the case with people like Craig who will stop at nothing to cause havoc.
He has tried severally to bring relevance to the network but some how people naturally don't want to deal with BSV which is a bit shocking. In no time that coin will be forgotten. Good riddance.
He has tried severally to bring relevance to the network but some how people naturally don't want to deal with BSV which is a bit shocking. In no time that coin will be forgotten. Good riddance.
Craig Wright’s BSV chain has been captured by a single miner
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.
BSV is long gone! When an empire was built on fake promises, it usually collapse shortly thereafter. I was 1ondering why BSV took so long to collapse. Possibly some hopeful people kept on running BSV chain. But now it's completely clear what's going to be the fate of BSV. I believe multiple exchanges have already delisted it making it one of those token which cannot sell in the market.
It's funny how BSV was faking Satoshi's vision and no ended up as a failure!
Very bad news for this dying hard fork. But not really bad for Bitcoin and even the larger cryptocurrency community or market. BSV of course is the brainchild of the infamous faketoshi Craig Wright. So it doesn't matter even if this shitcoin will continue spiraling down until it finally faces death. There will be those who will be losing from this of course but most of them are definitely the blind believers of the clown CSW. It should teach them a lesson or two.
It's bound to end soon. This is one of the coins I'm happy to dump when it's near to its ATH like for $300 and that's sort of an achievement for me. Well, it wouldn't be surprising anymore if the entire network of BSV becomes dead soon and the price of it starts to drop a lot.
A miner that has almost whole control to its network, well, manipulation at its finest and that guy can do almost everything on it.
A miner that has almost whole control to its network, well, manipulation at its finest and that guy can do almost everything on it.
How Many Bitcoin Forks Are There? You will be surprised!!!
https://bitcointalksearch.org/topic/how-many-bitcoin-forks-are-there-you-will-be-surprised-5221882
Maybe not everyone remembers how many different bitcoin hard forks there were, but most of these coins are dead. If another worthless coin that was created as a result of the hard fork is removed, then the crypto world will only get better.
https://bitcointalksearch.org/topic/how-many-bitcoin-forks-are-there-you-will-be-surprised-5221882
Maybe not everyone remembers how many different bitcoin hard forks there were, but most of these coins are dead. If another worthless coin that was created as a result of the hard fork is removed, then the crypto world will only get better.
It was well known that their hash rate was one of the lowest of entire group of bitcoin fork.
At this point... if it could be possible, they can decide to push for an hardfork just to kick out this miner?
In any point of view it seems just a centralized coin (hence with such hashrate in the hand of only one miner / hence if they can force an hard fork...)
At this point... if it could be possible, they can decide to push for an hardfork just to kick out this miner?
In any point of view it seems just a centralized coin (hence with such hashrate in the hand of only one miner / hence if they can force an hard fork...)
Good riddance, I mean we all know that they have cause so much disruption back then and challenge the real Bitcoin. However, investors and miners are smart and sooner or later we will see this kind of takeover.
And the bad thing is that it only takes 50% of the hashrate for a takeover, and this single miner has 80%, damn. Just shows that no one is really mining this shitcoin and hopefully those who are still holding BSV have dump it already.
And the bad thing is that it only takes 50% of the hashrate for a takeover, and this single miner has 80%, damn. Just shows that no one is really mining this shitcoin and hopefully those who are still holding BSV have dump it already.
I can’t say I’m disappointed.
They have caused a lot of disruption & harm to many people. This is a good thing, BSV was always a massive shitcoin with no future. Nature is taking over now, let it die.
They have caused a lot of disruption & harm to many people. This is a good thing, BSV was always a massive shitcoin with no future. Nature is taking over now, let it die.
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.[/b]
This was inevitable.
"it pays to be good" - in terms of 51% attack - only if you have something to lose. When you attack BSV its free money. To mine BTC you need same equipement. BTC hashrate is 200-500 times bigger than BSV. Means that 0.2% of bitcoin hashrate (one big farm) can jump to BSV for 3 hours double spend as much as they want and come back to mine BTC.
And looks like we see this now. It was crazy to think that BSV with 0.2% of bitcoin hashrate is secured enough to be considered safe.
that's where you are wrong. which is why the story is important. this rogue miner is going to get SQUASHED. deleted from the blockchain and gone. like you swat a fly off a horse's ass. 
achived using centralized power? XD Great crypto. Real satosi vision
Fun fact is that market did not react on this. There was no price dump. Really? in 2022 people does not even care if their blockchain works or not ?
Quote
and yes if you hold more than 50% hashrate you can pretty much do anything on your own chain
that's where you are wrong. which is why the story is important. this rogue miner is going to get SQUASHED. deleted from the blockchain and gone. like you swat a fly off a horse's ass.
i dont know why people keep discussing this coin https://bitcointalksearch.org/topic/bsv-90-increase-scam-5148909 https://bitcointalksearch.org/topic/kraken-delisting-bsv-we-are-all-satoshi-5133327
in this subforum alone there is dozen those are two example
and yes if you hold more than 50% hashrate you can pretty much do anything on your own chain
in this subforum alone there is dozen those are two example
i guess a miner holding 80% of the hash rate can do whatever they want to, including denying people the right to spend their BSV.
and yes if you hold more than 50% hashrate you can pretty much do anything on your own chain
i guess a miner holding 80% of the hash rate can do whatever they want to, including denying people the right to spend their BSV. but dont worry guys, they'll get it all fixed so you can send your money soon.
Craig Wright’s BSV chain has been captured by a single miner
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.
https://www.msn.com/en-us/money/news/craig-wrights-bitcoin-cash-hardfork-under-scrutiny-why-a-ban-is-imminent/ar-AA133UWh
One miner on the Bitcoin Satoshi Vision (CRYPTO: BSV) network is in total control of the hard fork, mining empty transaction blocks to capture over 80% of the BSV hashrate.
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