I heard that the recent pump was because of legal proceeds from his case with Kleiman. Although we're not still sure why, it seems like Faketoshi's gimmick is taking effect.
The legal proceeds only affect BSV since the case only involves Craig Wright, which is the founder of BSV. Such cases like this happens in the market, and it doesn't always follow what Bitcoin's trend is. They still have their owm signals to watch for.
exactly, this is the reason why the price moved up. it seems like people are making an exit scam afraid of craig losing it(the legal case) that will seriously dump the price if he fails it.The legal proceeds only affect BSV since the case only involves Craig Wright, which is the founder of BSV. Such cases like this happens in the market, and it doesn't always follow what Bitcoin's trend is. They still have their owm signals to watch for.
it is a speculative driven based project, the price is determined by the heads.
This is why people say buy the rumor and sell the news. I don't think him having those keys are really going to make much of a difference in the long run anyways. If you were ahead of the game, you could have bought BSV beforehand and sold during the news of him acquiring those keys. Even if he delivers those keys and wins the court case, the hype will still die down and people will begin to lose interest and the price will level out around where it should be.
