everything was fine untill BSV scam appeared - page 2.

eaLiTy

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Quote from: k3rnel31 on June 26, 2020, 03:49:03 PM

who aggree with me that bitcoin sv appearance has crashed crypto and it was like covid19 for bch btc and ether , and the market will get back if bsv die , its still fighting

I would like to see the argument if you have some rather than coming up with random outrageous things, the cryptocurrency market is having thousands of shit coins and they are not good either. I personally would like to have a single BTCitcoin rather than having hundreds and thousands of coins and that is not going to help anyone in the long run. There are many opportunist that are coming up with new coins and tokens because it is easy to raise and make money because it is a new market.

If BSV is a shit coin then it will die off eventually but how can one coin dying will help the entire market Roll Eyes

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dothebeats

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Quote from: mindrust on June 26, 2020, 04:22:17 PM

Quote from: k3rnel31 on June 26, 2020, 03:49:03 PM

who aggree with me that bitcoin sv appearance has crashed crypto and it was like covid19 for bch btc and ether , and the market will get back if bsv die , its still fighting

Everything was not fine before BSV.

There were many scam projects before it and there are even more now.

The number of scams going only up because the cost of creating a scam is effectively zero.

This is true. Plus the chances of getting caught by using scam coins to get some money off of investors is super slim, that's why you see people continuously creating scam coins one after the other and people are still buying it in the hopes of making money, while in reality those responsible for the creation of the coin are the only ones making money in this setup. BCH and BSV are pretty much scam coins that were created by people who think they can do better, but ended up shilling for their own creation and making their pockets full. Even without the existence of BCH and BSV, the crypto world is full of scams and is an unsafe place for the uneducated people anyway.

Upgrade00

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It could be due to the inflation, when the supply of a product increases. So many Bitcoin forks have been created and airdropped to hodlers of bitcoin and with a supply increase the value would have to adjust, it's similar to what happens in staked coins where the value drops as more coins are created.
The tussles between some of these projects and the claims of being Satoshi by the creators have not helped to improve the credibility of the projects.

mindrust

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Quote from: k3rnel31 on June 26, 2020, 03:49:03 PM

who aggree with me that bitcoin sv appearance has crashed crypto and it was like covid19 for bch btc and ether , and the market will get back if bsv die , its still fighting

Everything was not fine before BSV.

There were many scam projects before it and there are even more now.

The number of scams going only up because the cost of creating a scam is effectively zero.

jackg

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Quote from: k3rnel31 on June 26, 2020, 04:05:01 PM

maybe not btc and eth , but bch was 650$ the date of the fork and it dropped to 200$ because of bsv

High cap alts normally all fall together as people lose hope that have more power to start buying back bitcoin...
But bsv would've caused bch to drop as I said...

There was less hype on bch too and a greater amount of bad rep on one of its main sponsors and also they called standard bitcoin bitcoin core...

Did bch start to be valued at 0.15 too or was it 0.015 (from the start) I think it dropped a lot of its the first or remained stable if it was the second (it's been so long ago since I claimed my forks)...

Woodie

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Quote from: k3rnel31 on June 26, 2020, 03:49:03 PM

who aggree with me that bitcoin sv appearance has crashed crypto and it was like covid19 for bch btc and ether , and the market will get back if bsv die , its still fighting

Generally there are just too many bitcoin altcoins

but i think the real problems began when we had bitcoin cash around the time so many forks started happening ...hope i didnt step on anyone's toes by saying this Roll Eyes

But what ever happened the real bitcoin (BTC) came TOP.

k3rnel31

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Quote from: jackg on June 26, 2020, 03:53:27 PM

It might have caused people to believe that anyone with any sort of slight incentive could start their own coin however bitcoin and ethereum have great benefits so I wouldn't attribute anything of their recent activity to bsv, btc was lower in price when bsv was released wasn't it too?

Everyone with bch got bsv so that definitely had an affect but bch and bsv are kinda scam coins anyway that have an overinflsted market cap (bch, to me, is a less secure version of ltc, without any other differences).

maybe not btc and eth , but bch was 650$ the date of the fork and it dropped to 200$ because of bsv

jackg

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https://bit.ly/387FXHi lightning theory

It might have caused people to believe that anyone with any sort of slight incentive could start their own coin however bitcoin and ethereum have great benefits so I wouldn't attribute anything of their recent activity to bsv, btc was lower in price when bsv was released wasn't it too?

Everyone with bch got bsv so that definitely had an affect but bch and bsv are kinda scam coins anyway that have an overinflsted market cap (bch, to me, is a less secure version of ltc, without any other differences).

k3rnel31

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who aggree with me that bitcoin sv appearance has crashed crypto and it was like covid19 for bch btc and ether , and the market will get back if bsv die , its still fighting

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