I am convinced that Bitcoin SV holds great potential in the short and long-term run. It is a young coin that comes as a fork of Bitcoin Cash. It was launched in October 2018 and since that time had a pretty good price run. I regret not being able to stock up on BSV during its initial dip to the levels of $42, which occurred last November, though I still managed to make juicy profits after buying this crypto in January 2019 at around $53 and then flipping it in June when the price peaked at $215.
I still don’t understand how BSV is even on CMC. It got delisted from every major exchange and fell in price immediately be 50%. It’s shocking that people are still trading this outright scam coin by a crypto maniac. But that goes to show the immaturity of the overall market. It’s important to take note of these events to not fall for them in the future. BSV will eventually disappear into the depths of CMC, but it will take with it the money of many inexperienced and gullible traders.
And so it finally happened. Crypto-wide condemnation for the entire BCHSV community. Delisting across the board on all major exchanges. Finally. Good riddance Faketoshi. BCHSV kicked off the intensity of crypto winter and it does the entire community justice to see it finally pay the price for their recklessness.
BSV still exists, and I have no clue who could want to park their money in a known scam. Crypto isn’t just a small market, there’s billions of dollars going in and out and you don’t want to be left with any BSV in your portfolio. You may make some decent money off of trading its bottoms and various pumps, but its just dangerous to play with fire.
BCH SV is still a force in the crypto world. So many people have hated this coin since it began, but most don't understand the point of it. It's meant to better uphold Satoshi's vision, which is why it's named this way. Other then that, BCH SV is going to overtake BCH in hash power once again, sending this coin above BCH in market cap (CMC).
BCHSV was a scam then and is a scam now. Craig Wright destroyed the community with his aggressive agenda and now we have to see BCHSV in the top 20 on CMC. I have no clue if people even hold onto this coin or if it's just still up here because it's tradeable on Binance still.
It's a real shame that BCHSV is even still this high on the market rankings. Fake Satoshi created a nightmare scenario for the entire market which really left a gaping hole of uncertainty (FUD). After his major failure, the rest of the market is left to pick up the pieces and try to heal an already wounded market. This project needs to be a reminder to the rest of the community what one selfish developer is capable of.
After a few days BSV is in the green zone but currently selling volume is increasing, how will the team respond to this? Many crypto enthusiasts are waiting for the next BSV program and are certainly hoping for good.
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