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Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin SV => Topic started by: Pegasus on May 21, 2019, 05:13:11 PM

Title: Bitcoin SV Suddenly Surges 200% As Wright Copyrights Satoshi White Paper
Post by: Pegasus on May 21, 2019, 05:13:11 PM
(https://static.coindesk.com/wp-content/uploads/2017/05/shutterstock_212235202-e1494608382756.jpg)

The standout performer in the cryptocurrency markets today is one of the worlds largest by market cap, Bitcoin SV (BSV), which at one point surged over 200 percent on some exchanges during today’s trading session.

At 13:15 UTC, the price 11th largest crypto by market cap rank reached a 24-hour high of $139.31, a figure more than 120 percent higher than its UTC opening price of $62.99, according to CoinMarketCap data.

On some exchanges, however, BSV’s sudden price surge was even more drastic, increasing as much as 214 percent to reach $195 in the BSV/USDT market on the Singapore-based cryptocurrency exchange Huobi.

The surge is due in part to the announcement that Craig Wright has registered copyright claims on the Bitcoin Whitepaper and original code and promised to revert the copyright to the Bitcoin Association.

A release today notes:

Wright intends to assign the copyright registrations to Bitcoin Association to hold for the benefit of the Bitcoin ecosystem. Bitcoin Association is a global industry organization for Bitcoin businesses. It supports BSV and owns the Bitcoin SV client software.

(https://static.coindesk.com/wp-content/uploads/2019/05/download.png)

Messari data reveals the total exchange reported 24-hour volume for BSV is $447.6 million whereas its “Real 10” volume from the 10 exchanges identified as the sole exchanges reporting honest volume figures in a report from Bitwise Asset Management reveals today’s volume figure is closer to $31.8 million.

Bitcoin Satoshi Vision, typically abbreviated as Bitcoin SV, is a fork of the bitcoin cash blockchain and was recently delisted from a number of well known exchanges including Binance, Kraken and Shapeshift due to its main proponent Craig Wright, claiming that he is Satoshi Nakamoto the creator of bitcoin, which many assume to be fraudulent.

Many other cryptocurrencies are flashing notable gains today, albeit not to the extent of BSV.

Bitcoin Gold (BTG), neo (NEO), tron (TRX) and bitcoin cash (BCH) are all reporting 24-hour gains above 5 percent according to data from CoinDesk.

Source (https://www.coindesk.com/bitcoin-sv-bsv-suddenly-surges-200)
Title: Re: Bitcoin SV Suddenly Surges 200% As Wright Copyrights Satoshi White Paper
Post by: IyemRoker on May 22, 2019, 09:21:15 AM
This price increase is only temporary because I am sure that BitcoinCash SV is very influenced by others because I also do not like the statement from Ian S. Wright.
This is just a thanksgiving for pumping and saving other HODLs that were once depressed by the high price of Bitcoincash SV.
Title: Re: Bitcoin SV Suddenly Surges 200% As Wright Copyrights Satoshi White Paper
Post by: Eben on July 17, 2019, 08:14:29 PM
The sudden surge in value was just temporary, even though a lot of holders took an advantage of that to make much profit. Nevertheless i still bitcoin sv as a great coin which will rise.
Title: Re: Bitcoin SV Suddenly Surges 200% As Wright Copyrights Satoshi White Paper
Post by: Senin on January 15, 2020, 07:00:25 AM
Quote from: Eben on July 17, 2019, 08:14:29 PM
The sudden surge in value was just temporary, even though a lot of holders took an advantage of that to make much profit. Nevertheless i still bitcoin sv as a great coin which will rise.
Over the last day, the price of Bitcoin SV has increased by 137 percent and now, according to CoinMarketCap, its price is $ 347. Now in court, Craig Wright proves that he is Satoshi Nakamoto, and in this case there are certain shifts in his direction. At the same time, in February, a fork from the Bitcoin SV coin is expected, can investors be interested in this coin in order to get a new coin for free?