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Author Topic: Why I Should Invest In Bitcoin SV  (Read 13508 times)

Offline sulphur007

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Why I Should Invest In Bitcoin SV
« on: April 17, 2020, 03:47:50 PM »
Bitcoin SV, which stands for Bitcoin Satoshi Vision, is the latest bitcoin offshoot to come to existence at the end of last year.

This article explores the origins of this new coin, as well as the opportunities and risks that this digital currency holds for investors.

What Is BSV?
Bitcoin SV (BSV) is a new altcoin that came into being as a result of a contentious hard fork of the Bitcoin Cash blockchain. When BCH lead developer Amaury Sechet published a paper detailing the planned updates for BCH codebase in mid-2018, some members of the digital currency’s community were unhappy with a certain feature included in the suggested upgrade.

The pre-consensus feature was designed to help the network settle transactions quickly and was thus seen as a small solution toward Bitcoin Cash’s scaling challenges. However, some factions of the BCH community believed the feature would favor large mining groups. The fact that the upgrade was supported heavily by mining giant Bitmain seemed to fan the flames of this belief.

As a result, the BCH community split into two as the planned November 15 date approached. The two main factions were Bitcoin ABC and Bitcoin SV. Bitcoin ABC was supported by Bitmain, Bitcoin.com, and much of the developer base at Bitcoin Cash, while the Bitcoin SV camp was led by self-proclaimed Satoshi Nakamoto Craig Wright as well as Clavin Ayre-led CoinGeek.

Craig Wright and his camp were of the opinion that the proposed update was too much of a deviation from the original design of Bitcoin’s creator Satoshi Nakamoto. The scenario is reminiscent of the events that led to the creation of Bitcoin Cash itself. Bitcoin Cash frontman Roger Ver, together with his team, forked from the original Bitcoin blockchain over claims that the network was no longer the cryptocurrency that the pseudonymous creator Nakamoto had envisioned.

Ironically, these same claims led to the BSV camp creating their own blockchain when the November 15th date came. The event had significant effects on the greater cryptocurrency community as the two opposing camps worked to gain control of a greater percentage of hashrate to establish themselves as the “real Bitcoin Cash”. The switching of hash power from the Bitcoin network affected the price of bitcoin and simultaneously the entire digital asset market.

The Aftermath
In the days preceding the November 15 date, a number of cryptocurrency exchanges temporarily stopped the trade of BCH on their platforms. The reasoning for this move was to protect themselves and their customers from any fall back that would happen as a result of the hard fork.

Utilizing a wait-and-see approach was important for the exchanges so that when they did resume trading of BCH, they would be providing support for the camp that had eventually ‘won.’

The Bitcoin ABC camp won the so-called “hash war” and is the Bitcoin Cash that is in use today.

Should You Invest in Bitcoin SV?
Bitcoin SV is currently in the top ten digital currencies measured by market capitalization with a value of around $1.17 billion. However, leading digital asset exchanges Kraken has issued a warning to its users, calling BSV a risky investment.

The new forked coin has little community support and is focused around controversial figure Craig S. Wright. Moreover, it is effectively being financially supported by only two entities, nChain and Coingeek, and its mining operations have been mining at a loss.

If the team behind BSV does not manage to attract a user base, build BSV applications, and gain a degree of adoption as a digital currency in the near future, then BSV will likely go the same way as the majority of bitcoin forks and end up becoming worthless. Currently, everything seems to point in that direction.

Hence, as a risk-averse investor who is looking to build a diversified portfolio of digital assets, it is probably best to avoid this new digital currency. Even for risk-loving investors who enjoy a gamble on a new coin, BSV should only make up a tiny percentage of the overall portfolio, as it can only be classified as a high-risk investment.

There are so many cryptocurrencies that people do not tend to pay much attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested and also you can invest in cloud mining.


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Why I Should Invest In Bitcoin SV
« on: April 17, 2020, 03:47:50 PM »

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Offline Stgeorge

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Re: Why I Should Invest In Bitcoin SV
« Reply #1 on: July 11, 2020, 01:17:01 PM »
I think Bitcoin SV is best coin to invest.Now BitcoinSV market cap rank is 6 and it has a big trading volume.so most people are trust this coin.also hereby they get more profit.

Offline abc123

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Re: Why I Should Invest In Bitcoin SV
« Reply #2 on: July 28, 2020, 07:23:41 AM »
Bitcoin SV is potentially coin for growing tall in the future.now Bitcoin sv is running better in the market and it has a big trading volume with best exchanges.If you can buy bsv now , Bitcoin sv will be the best investment.

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Offline rapheal

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Re: Why I Should Invest In Bitcoin SV
« Reply #3 on: August 22, 2020, 03:50:50 PM »
Now bitcoin sv price is low and it has a huge trading volume also the number of investors investing in this coin is increase day by day.so I believe bitcoin sv is best coin to invest also I'm invested in this coin.
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Offline river

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Re: Why I Should Invest In Bitcoin SV
« Reply #4 on: September 05, 2020, 12:01:22 PM »
Bitcoin sv is a forked coin of the bitcoin this is huge profitable coin if invest in right time we can easily double our investments this is not a scam projects but this coin is delisted from Binance exchange but still this coin is in many popular exchanges so if you invest in this coin now definitely you will get profits.

Offline mnopq

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Re: Why I Should Invest In Bitcoin SV
« Reply #5 on: November 24, 2020, 07:44:34 AM »
Bitcoin sv is a fork of bitcoin.Bitcoin sv is a good coin to invest like ethereum, XRP and Litecoin.It has a huge market capitalization.If you want to invest in bitcoin sv you can invest it.I hope definitely you can get good profit by   the end of this year.

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Re: Why I Should Invest In Bitcoin SV
« Reply #6 on: November 29, 2020, 04:14:42 AM »
Bitcoin sv is a popular forked projects of Bitcoin this is popular in the cryptomarket but it not equal to bitcoin although Bitcoin sv is top 10 places in the cryptomarket so if you invest in bitcoin sv it will give big profits because this is potential project this is the right time to invest in bitcoin sv.

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Re: Why I Should Invest In Bitcoin SV
« Reply #6 on: November 29, 2020, 04:14:42 AM »


Offline blue

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Re: Why I Should Invest In Bitcoin SV
« Reply #7 on: February 01, 2021, 01:00:41 PM »
Bitcoin sv is a popular altcoin lot of investors following this coin for big profits this is top 10altcoin but today bitcoin sv is in 17th place in the cryptomarket compared with the past six months the price of bitcoin sv is low compared with the other popular altcoins bitcoin sv hasn't started yet to pump I think in the future bitcoin sv will come to top 10 places.
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Offline Stgeorge

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Re: Why I Should Invest In Bitcoin SV
« Reply #8 on: February 03, 2021, 07:58:25 AM »
Now Bitcoin sv is a good and strong coin. It has a high trading volume on exchanges. Now Many experts say the future of this coin is very bright. Now the price of this coin is very low. So you can invest now. Bitcoin sv indeed quite good if you want to invest in it.

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Re: Why I Should Invest In Bitcoin SV
« Reply #9 on: February 08, 2021, 11:18:52 AM »
Bitcoin sv is popular Bitcoin forked project but for the past few months there is no big improvements in this coin so Bitcoin sv is going down today bitcoin sv is 18th place in the cryptomarket I think this is the good time to buy because the price of bitcoin sv is below $200 this a good deal if you buy in the future it will give profits.
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Offline Lukasz

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Re: Why I Should Invest In Bitcoin SV
« Reply #10 on: February 09, 2021, 09:59:32 PM »
I am asking my self the same question do you know of any major goals that BSV has ahead of it. For know little is said and less done which also is reflected through number of engagements in this subforum
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Offline Kitme

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Re: Why I Should Invest In Bitcoin SV
« Reply #11 on: February 12, 2021, 09:41:02 AM »
Currently the cryptomarket is still bullish I hope this year will be a good year of all cryptocurrency investors because now we are in beginning stage of the altcoins market so we have lot of chances to earn profits you can buy Bitcoin sv or many popular cryptocurrencies .

.FX..BOX.
 
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Re: Why I Should Invest In Bitcoin SV
« Reply #12 on: February 21, 2021, 07:08:40 AM »
Bitcoin sv is a profitable altcoin this is a popular forked coin it has big market capitalization and trade volume so definitely it's future will be very bright also this is the good time to enter in the cryptomarket there is lot of potential altcoins to invest so buy more potential altcoins are a good way to earn more profits.

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Re: Why I Should Invest In Bitcoin SV
« Reply #13 on: August 27, 2022, 03:19:15 PM »
Now I will not invest in Bitcoin SV. I have decided to invest in both Ethereum and binance coin. There is some good news coming in the crypto market regarding these currencies. The Ethereum roadmap for the coming years was recently released.
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Re: Why I Should Invest In Bitcoin SV
« Reply #14 on: December 23, 2023, 03:09:18 PM »
It seems this child board hasn't had a single post in the last year. This is the first topic I saw when I entered this childboard. Even though the thread seems plagiarized, I cannot verify it now. Now, back to the main point! Do you guys still believe CSW and his scam token BSV? A lot of people supported the fork, and they were buying BSV because they agreed that this was the original Satoshi vision (LOL).

What did you guys get in the last couple of years? CSW successfully scammed you guys. Even newbies were scammed by him. They were trying to buy Bitcoin but his website sold them BSV instead saying this is original BTC.
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