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Topic: How to potentially kill(or at least decrease the relevancy) of coins like BSV (Read 279 times)

jr. member
Activity: 714
Merit: 3
Bsv is not the only coin in this category every fork of any project is in this category because forks has never enhanced a project, it has never improved scalability. Bch was forked from Bitcoin yet it didn't solve the problem or make the blocks any bigger than. It was supposed to be. People still buy bitcoin more for the same purpose they previously bought it. What should happen is a project should be improved for scalability not to create another project because new projects do not solve the problem of old projects they're here to enrich a few persons.
full member
Activity: 798
Merit: 101
This topic is a bit interesting, I think there are two ways, one is to use money. Controlling computing power, that is, absolute computing power, can launch a 51% attack. I don't know if BSV will die and then airdrop into another coin. From the beginning, so maybe BSV will die, there is another way to isolate him, for his news, any news. Don't pay attention and trade him. If many people support this method, I think he will die, one way depends on money, and one way depends on people. The cost of both is not low. Are very difficult.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
Reviling a product that I think is strange if we are just as the audience does not become a thing in helping their community. They need time to build the project and the community helps to make their ideals can be achieved with the help. If an investor is very worthy to charge a developer's sweet promise not to be hurt on both sides.
sr. member
Activity: 1050
Merit: 256
It's rather difficult to kill this BSV too. As bsv already has its own community and has entered into many exchanges. There are 154 exchanges that register BSV as asset trading according to coinmarketcap.
So far, what we can do is never to respond to the words of Shittoshi or his friends. Because with us responding to their words, more and more people will see them and recognize them.
hero member
Activity: 952
Merit: 513
Their value comes entirely from being able to stay in the mainstream media and have thousands of shills working for them when they are obviously based on a big, fat lie.

It's sort of like propaganda through bombarding people with false misinformation, to the point where it can't get any worse. Craig Wright has similarly been exposed countless times but obviously he has no regard for it and continue to propel misinformation.

As others have said, let it die on its own. Bitcoin SV prices have already plummeted from its heights and should continue to do so as people start to wake up.
hero member
Activity: 1470
Merit: 509
Considering that there are still people who believe in fake links on Twitter, we can think that there are those who believe in BSV. So, I am sure inflated price is believed by some supporters. If there is news that warns these people, Craig Wright will be bored alone with BSV.
This approach is not feasible, BSV is still a very influential currency to the community, its community is crazy and the price of BSV increases several times in a short time when news broke that Craig Wright gave evidence that he was Satoshi.
How can BSV help us? On the contrary, it does nothing more than increase our hatred for the market.
Ucy
sr. member
Activity: 2576
Merit: 401
I am actually a bit surprised whenever I see many popular crypto personalities talking about the coin.  If they find other side saying things that are likely untrue, they should probably handle it without indirectly (& unknowingly) promoting the coins and the personalities involved. Unfortunately, you'll have to mention their names and projects/coins sometimes to correct untrue informations.
 
The good side probably should humble itself & move into crypto communities (the good ones especially), and get the communities to rally around true Bitcoin and its ideals. The ideals could be clearly spelt out to enable the communities judge for themselves which side is upholding Blockchain/crypto ideals, and rally around that side and its coin/project. This is one of the good ways to get lots of Crypto people on your side(in my opinion), instead of spending too much on people to defend a preferred project.
mk4
legendary
Activity: 2716
Merit: 3817
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This approach is not feasible, BSV is still a very influential currency to the community, its community is crazy and the price of BSV increases several times in a short time when news broke that Craig Wright gave evidence that he was Satoshi.

Influential how? By spreading bullcrap and by suing people in court? BSV and the word "influential" doesn't belong in a single sentence.

Also, what evidence? Tongue Besides forged and fake proofs.
sr. member
Activity: 1974
Merit: 453
It is a free world and people are at a liberty to put forward their views through any form of media. So it is not possible for us to stop Craig S Wright or Calvin Ayre from spreading propaganda against Bitcoin and claiming that BSV is the real Bitcoin. At the most, we can take out awareness campaigns targeting new users, so that they are better educated about BSV.
full member
Activity: 438
Merit: 100
arcs-chain.com
Boycotting those coins is one way to eliminate them. If people would just not buy them, then they become irrelevant.
This approach is not feasible, BSV is still a very influential currency to the community, its community is crazy and the price of BSV increases several times in a short time when news broke that Craig Wright gave evidence that he was Satoshi.
mk4
legendary
Activity: 2716
Merit: 3817
🪸 NotYourKeys.org 🪸
You don't have to do anything about any shitcoin, in time they will eventually die and even BSV Craig white is not helping, he goes around creating hates for himself and BSV

Sure! Though I'd be really really happy(and I'm sure a lot of people will also be too) if these projects died a lot earlier, the earlier they die, the less people that could potentially be sucked up into these really unnecessary cryptocurrencies. And I definitely don't want people to lose money, even if it's mostly caused by their own carelessness and greediness.
full member
Activity: 1148
Merit: 116
You don't have to do anything about any shitcoin, in time they will eventually die and even BSV Craig white is not helping, he goes around creating hates for himself and BSV
mk4
legendary
Activity: 2716
Merit: 3817
🪸 NotYourKeys.org 🪸
So mjglqw, answering the question in the name of the thread, the coin's already irrelevant enough, and I think it'll naturally keep getting even more so.
Sure, but not irrelevant enough that there are still a decent number of people being tricked into it.

*snip*
Now, looking at marketcap sure is a very inaccurate way of valuating assets, but I wouldn't say it's 100% irrelevant. Though again, it's very inaccurate, but still, the fact that it's on the #9 position still shows that there's still a good amount of money invested in that coin that definitely shouldn't be invested in that coin.
legendary
Activity: 2926
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
It's quite unethical for me to hold or trade a crypto lead by a pathetic liar. BitcoinSV is a fork of bitcoin and a mineable coin with some difference. Though small do have a community of miners and developers. It would be unfortunate for a coin like BitcoinSV to be recognized as a coin led by such untrustworthy person.
No surprise many people consider BitcoinSV to be a scam.
legendary
Activity: 1652
Merit: 1088
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I know it's very ironic as I'm creating a thread about BSV, but let me rant a bit.

Though I understand that sometimes it's fun to laugh at their BS, let's simply stop talking about them! Regardless if it's something said by Craig Wright, Calvin Ayre, or whoever is in that faction. We're pretty much giving them the publicity they want by unnecessarily talking about their BS. It's not a productive topic to start with.

/end short rant



BSV exists because exchanges still list it and people still trade it.

If you really want to kill a coin, just stop trading it. Then the exchange will say to itself, why are we spending time and money maintaining this wallet if no-one is trading it, and simply delist it. Once a coin gets delisted everywhere, it's dead.

Mind you, if you have BSV coins (from the fork), sell them before you stop trading them. Selling a coin to the ground is another effective way of killing a coin.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
We're pretty much giving them the publicity they want by unnecessarily talking about their BS. It's not a productive topic to start with.
This is the truth, when there is some comment from the team there is instantly a new topic here discussion about it and if you are planning to ignore what he is blabbering it is better to avoid what he is telling and not to start a thread again, there are a lot of threads that came up in the past few days regarding Craig and if he is looking for negative publicity, he is damn getting a lot of that here in this forum too, if you are looking to decrease the relevancy of something it is better to avoid talking about them rather than giving the publicity they are looking for Wink.
legendary
Activity: 3500
Merit: 6205
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let's simply stop talking about them

I think that's not enough.
I think that we should also keep threads like "SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper" quite highly ranked and easy to be seen by every newcomer, so we can make sure they don't fool more people with their propaganda.
hero member
Activity: 1876
Merit: 512
For me, since people in the space or let me say most people know that this is a scam, they is no need of writing about it, there is no bad publicity, anyone that is foolish enough to invest into it with no due diligence, then they have themselves to blame.
legendary
Activity: 4214
Merit: 4458
forget about market cap value
its irrelevant
anyone can create an altcoin of 5trillions coins. sell just one for $1 and instantly create a $5trill market cap that surpasses all market caps of all other coins.

so just give up even caring about market cap. its an irrelevant number.
the number is not a statement of how many dollars are backing up the market. its just stupid math of price of single coin multiplied by coins in circulation.
again it is not a dollar backed stat. so just shut up thinking or caring about it.

..
now the best way to make any other coin/network irrelevant for usage is to not make people want to leave bitcoin for other networks/coins.
actually make bitcoins blockchain useful far more than other networks. make it easy and cheap to use the bitcois network. no i am not saying develop other networks that pretend to be bitcoin paired/pegged/sidechained. i mean actually make the single network perform more transactions and do so cheaply

also make merchants want to adopt bitcoins more than other coins/pegged network tokens

too many fooled think bitcoins secret sauce s t diver people off the network and use another system. the problem is altcoins can use this other system too. thus no 'unique feature' is held by bitcoin by doing this.

in short.
make bitcoin cheap and useful onchain to gain real USAGE adoption. and not just glamour/fame attention adoption. because celebrity tatus means nothing after the 15 minutes of promotions
actually make sure bitcoins onchain has USAGE and USEFULLNESS
legendary
Activity: 3094
Merit: 1385
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Boycotting those coins is one way to eliminate them. If people would just not buy them, then they become irrelevant.
I think many people already don't use them. It has $1.8 billion market capitalization, compared with $131.5 that Bitcoin has. So Bitcoin SV bullsh*it convinced a bit more than 1% of Bitcoin users, which seems like nothing to me.
I had a funny situation with Craig's admirer who wanted to tell me how great Bitcoin SV is and will be, and convinced me to download a wallet to my smartphone, so he could send me a bit of that stuff. I did everything right, and he was sitting right next to me and trying to send those coins, but there was some sort of a bug and each time he pressed the 'send' button nothing happened  Cheesy That's my only interaction with Bitcoin SV, and I don't intend to get to know it better than that.

So mjglqw, answering the question in the name of the thread, the coin's already irrelevant enough, and I think it'll naturally keep getting even more so.
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