Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin SV => Topic started by: cheezcarls on January 15, 2020, 01:03:43 PM
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Bitcoin SV (BSV) is exploding today after posting gains of over 95%. For a brief moment, it eclipsed Bitcoin Cash (BCH) in market capitalization, and it looks like it just might do it again.
Bitcoin SV has been rising seemingly out of nowhere today and is leading the market in gains. The Bitcoin (BTC) knock-off posted 95% gains today and now boasts a market capitalization of $5.5 billion. Many believe that something is amiss since the gains are simply extraordinary.
To read the full news, click here (https://beincrypto.com/bitcoin-sv-briefly-flips-bitcoin-cash-in-market-cap-after-explosive-rise/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)
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Something strange is happening. The price of bitcoin forks is growing rapidly and no one knows why this is happening. The proposed article does not even give any versions about this. Bitcoin cash and Bitcoin SV have better functional characteristics than the original bitcoin, however, this has been known for a long time. Why is this growth happening right now? Maybe due to some of the legal successes of Craig Wright?
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Something strange is happening. The price of bitcoin forks is growing rapidly and no one knows why this is happening. The proposed article does not even give any versions about this. Bitcoin cash and Bitcoin SV have better functional characteristics than the original bitcoin, however, this has been known for a long time. Why is this growth happening right now? Maybe due to some of the legal successes of Craig Wright?
Success of CW? He has given time to prove it. I'm betting some alts if he can prove that he is Satoshi. Cryptographically he can't prove it. Even he show some documents or some legal papers, these evidence can easily forge or made by some paid government personnel. If his really satoshi he can have access on his property right. So this pump is actually a manipulation from whales who is playing also with his agenda.
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It seems that the explosive rise in the price of Bitcoin SV has already ended. Against the background of the general rise of the cryptocurrency market, when bitcoin shows a price of $ 8,899, in recent days, SV bitcoin, on the contrary, has been losing ground. If a few days ago this coin had a price of $ 374, today, according to CoinMarketCap, its price is $ 270. 15 percent drop. The price of this fork of bitcoin responds to the successes and failures of Craig Wright with a lawsuit where he tries to prove that he is Satoshi Nakamoto.