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Topic: What's up with bitcoin SV? (Read 247 times)

hero member
Activity: 980
Merit: 506
May 22, 2019, 04:34:02 AM
#23
I saw it hours ago, but any kind of jokes on forks from bitcoin will end with failures and deeply falls. Someone who bought cheap Bitcoin Cash SV should enjoy the ride that comes from the big joke, then take profits and use their money to buy bitcoin, real bitcoin (BTC), I meant. If they naively believe in such big joke and fake exaggerated potential of Bitcoin Cash SV, they might get loss in their funds invested in Bitcoin Cash SV (if they buy it now) as well as losing chances to increase their balance with Bitcoin.
I will just keep watching from my end and see what the end will become, I am not a fan of Bitcoin and will never be whether it increases in price or not, afterwards it is not possible for us to benefit from all the crypto coin in the market, we just have to focus on the one we believe so much in and forget about the rest of them. Nevertheless let's wait and see if he can proof that he is truly satoshi.
member
Activity: 684
Merit: 10
May 21, 2019, 01:55:00 PM
#22
Fortunately, this does not mean anything at the moment, so that Craig could really achieve something, he needs to prove in court that he is the real Satoshi Nakomoto.
copper member
Activity: 1050
Merit: 500
May 21, 2019, 01:49:47 PM
#21

That is what I am thinking too, speculation triggers when Craig file  a claim to patent Bitcoin whitepaper.   Many speculators probably think that it will attract more people and if it is granted then it will be a glory day for them.  That would be my move too if I have some extra fund, the minute I learned the news I will buy BSV but of course not now because it already doubled in price.
legendary
Activity: 3234
Merit: 1055
May 21, 2019, 01:44:57 PM
#20





People are pumping because there was this stupid article about white paper copyrights given to Craig. When his claim really gets rejected as it should because he can't prove anything people will dump this shitcoin again. Really guys who is buying this shit? Would you buy SV now?

Nobody is buying it for its value it's just Craig. This is the main weakness of this coin. If Craig dies or gets arrested it will reach new lows.

yeeh about that. it almost work so its going to make people buy the coin as its rising. government recognizing craig wright is sure something a positive news that will make BSV worth buying but of course we all know he hasn't proved himself as satoshi. a coin built by a con man is bound to scam, when it reach its new lows after this final act its also going to start dying.
hero member
Activity: 2184
Merit: 531
May 21, 2019, 01:29:56 PM
#19
People are pumping because there was this stupid article about white paper copyrights given to Craig. When his claim really gets rejected as it should because he can't prove anything people will dump this shitcoin again. Really guys who is buying this shit? Would you buy SV now?

Nobody is buying it for its value it's just Craig. This is the main weakness of this coin. If Craig dies or gets arrested it will reach new lows.
full member
Activity: 742
Merit: 121
May 21, 2019, 01:29:42 PM
#18
I dare to suggest that this coin is subject to manipulation. It can be used as a means of obtaining quick profits but not at all as an investment.
I think that after such a sharp jump in prices, the rollback will be long.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 21, 2019, 01:24:49 PM
#17
That still unknown reason for me and I see that bitcoin SV was increased in this day. Maybe there is a news that we don't know or there are people who want to lift the price to the higher price like what we see now. But I am curious how much bitcoin sv can increase tomorrow because if the situations are like this, then we might see another highest price of bitcoin sv later.
legendary
Activity: 3094
Merit: 1127
May 21, 2019, 01:01:29 PM
#16
Typical pump and dump behaviour = shitcoin.
I cant agree no more with this line which is definitely true.This isnt really that surprising at all yet this is just really a typical P&D.
The thing here is that we know SV's recent issue but it did still able to manage to increase its price but same as usual when bitcoins price tend
to bull up then altcoins no matter how shit it is, it would always follow.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
May 21, 2019, 12:51:31 PM
#15
From $61 to $96, I wouldn't noticed it until someone asks on social media on what happened to bitcoin SV. I thought that it's already drowned but the opposite thing has happened. I think the main reason for this was this..

https://cointelegraph.com/news/self-proclaimed-satoshi-craig-wright-files-us-copyright-registrations-for-btc-white-paper
https://www.ccn.com/craig-wright-files-copyright-registrations-bitcoin-whitepaper-code-satoshi-nakamoto
jr. member
Activity: 280
Merit: 3
May 21, 2019, 12:41:41 PM
#14
i think...wait new forks on SV
hero member
Activity: 1414
Merit: 516
May 21, 2019, 12:34:11 PM
#13
I think maybe was just some pump, but i think on future the people will not invest so much on BSV and this will cause the price drop, most of people will start invest on bitcoin because they know bitcoin is always bitcoin.
hero member
Activity: 658
Merit: 851
May 21, 2019, 12:30:24 PM
#12
It all happened in an hour (+116%), just after the article about Wright's copyright (haha) was published. Then BSV got dumped... because people are smart and don't want to hold that useless coin.
It will soon be near where it should be... zero.
hero member
Activity: 2086
Merit: 994
Cats on Mars
May 21, 2019, 12:28:48 PM
#11
Wrong, that guy didn't predict this surge. It says right there in the headline that the price could hit the $100 at the end of the year, it doesn't say that on May 21st there'll be a spike in its price towards $100.

Yep, this is the main reason.

But it looks like the first huge dump just hit the coin. It reached a peak of $140 and then went down to $95, that's around 30% drop in the price. Now it's going up again, currently at $99 in some exchanges. Typical pump and dump behaviour = shitcoin.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
May 21, 2019, 12:06:06 PM
#10
Bitcoin SV can only be evaluated temporarily at this point. It wasn't nice to be delisted from the big exchanges.
hero member
Activity: 2870
Merit: 594
May 21, 2019, 11:21:02 AM
#9
Pump-and-dump. The price is cheap compared to bitcoin so obviously casual investors can buy them and be a bag holder of Bitcoin SV.

So that's how smart investors do their magic here, look for a cheap coin and then they pump it like hell and the next thing you know, the price suddenly plummets because they wanted out and book profits very easy. Don't fall for this kind of trap.
full member
Activity: 874
Merit: 125
May 21, 2019, 11:14:49 AM
#8
They are one of the lowest total circulating high priced coin. It had an unexpected price moves in the past and the latest effort seems to be another whale movement to make people fall for the bull trap.
Bitcoin SV is the Bitcoincash fork from Craig Wright. As there are news of Craig being proved as satoshis, people are moving in to buy it.
full member
Activity: 980
Merit: 114
May 21, 2019, 11:06:46 AM
#7
I will say the whales are at work trying to pump the coin and at the end dump it at once, I will not advice any one to buy bitcoin sv now because the Price may crash back in no time but if you are holding some this is the right time to sell and hold on for a while before buying in again.
sr. member
Activity: 1330
Merit: 289
May 21, 2019, 11:04:54 AM
#6
I saw the price spike and I was astonished, even after delisting by major exchanges. I think it's because of the rumour I saw on coindesk concerning Craig Wright filing copyright claims for Bitcoin Whitepaper. But it's not certain if it's a forced pump or market reaction to the rumor or something else.
full member
Activity: 462
Merit: 155
May 21, 2019, 10:23:58 AM
#5
I saw it hours ago, but any kind of jokes on forks from bitcoin will end with failures and deeply falls. Someone who bought cheap Bitcoin Cash SV should enjoy the ride that comes from the big joke, then take profits and use their money to buy bitcoin, real bitcoin (BTC), I meant. If they naively believe in such big joke and fake exaggerated potential of Bitcoin Cash SV, they might get loss in their funds invested in Bitcoin Cash SV (if they buy it now) as well as losing chances to increase their balance with Bitcoin.
legendary
Activity: 3150
Merit: 1069
DGbet.fun - Crypto Sportsbook
May 21, 2019, 09:34:57 AM
#4
This guy actually predicted such rise 3 weeks ago
https://www.cryptonewsz.com/bitcoin-sv-bsv-most-likely-to-cross-100-mark-by-the-end-of-2019/17464/

The whales were picking up the cheap bitcoin SV and when they had a large amount, they started pumping.
So, it's not a good time to buy Bitcoin SV but a good time to sell if you have any.
You'll be able to get them back in much cheaper price later.
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