Bitcoin Forum

A Reddit user suggested there may be someone behind the Bitcoin SV pump (https://crypto.bi/z/threads/a-closer-look-at-the-may-21st-bitcoin-sv-bsv-pump.1036/).

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

Your question is a little bit confusing.  ???
Of course there is someone behind the Bitcoin SV pump. It's scammer Craig Wright and he continues to lie about being Satoshi Nakamoto. He has claimed that he is Satoshi Nakamoto and the US copyright office has accepted his claim.
But he has no proof that he is Satoshi and the office accepts all claims for copyrights:

https://www.ccn.com/copyright-office-craig-wright-bitcoin-claim-investigation-truth

Yes, that's CW himself with the hype he made through filing copyright.
NO

I don't think someone is behind the pump. It is just a usual market demand. Maybe so many people are now beginning to feel that with rising of BCH in the past few weeks, there may also be a chance that BSV also rises in future in terms of value to possibly measure up with BCH.

Market demand? there's nothing interesting to it until the news came in about the copyright filing of CW and the market reacted so fast just because of that. Actually the people aren't really interested to it, a normal trader would buy because of the hype with regards to that news.
NO and NO.

But it looks so weid to see when that faketoshi was filling copyright to claim bitcoin whitepaper but why BSV gets a pump and not bitcoin. I thought that if this just another PnD scheme. I don't even see any reason how bitcoin SV could get an impact caused by that news.

It was the fake buzz created by impostor Craig Wright and some whales playing with the price that made such sudden price hike of bitcoinSV but in reality, bitcoin SV is the worst fork among the bitcoins as it has no real community and miners support. Buying it at current price would be a very bad idea.

Yes of course there is someone behind the pump and I think we all know him because he has been claiming for a while now that he is satoshi nakamoto, when the whole world knows that he is not, he even recently laid claim of the Bitcoin whitepaper, I believe that's why we saw an increase in the price of bitcoin SV, I don't think it's going to last so much, so it's advisable to dump early or live in regrets forever knowing that there is something you would have done to avoid your coon from dumping to the nothing.

There is somebody behind this pump. We know already that these coin and Bitcoin ABC is highly manipulated by CW himself.

Aside from him, there are large institutions behind this recent pump but we can't do anything about it but to ride the train. Bitcoin SV is a useless coin and many agree with me :D.

I see many speculation about BitCoin CV - Satoshi Vision :D - if you will create new coin and make this name - "satoshi vision " its mean your coin is LOL for grow without Satoshi name. This is same shit as : BitCoin Pizza, Prius BitCoin, BitCoin God :D

What will next? BitCoin PUMP? :D :D  or Bitcoincash To The Moon :D

Its not my favorite coin, and I think will not :)

Pump's not mean good coin.

Craig tries to manipulate us by trying to make us believe he is the real Satoshi Nakamoto so I have this belief and I think most of us here that there is manipulation going on with their volume, their group could have the biggest stake in the supply, this is going to be a long battle between Craig and his own version of Bitcoin and our community.

Yes, maybe there is someone behind the pump of bitcoin sv, but I only know that the traders itself do it ;D
We don't know who are they, but we know that the price was increased and getting pump high, but I don't think that it could increase so high again like before.
But it is not impossible to see bitcoin sv will getting pump again in the next month since the price still up and down many times.

There's also some people behind who also trying to ride with how CW wanted to attract newcomers to support this coin, is hard to invest if you don't
have a good skills with how pumped and dumped cycle is being played, you will lose if you don't have enough patience and knowledge when to quit
when it's needed the most.

If a coins is being pump or increasing in price we always have reason why that do happen and most time it is because the demand for those coins is rising across the exchange. Bitcoin sv maybe getting some adoption and investors and traders may see this as an opportunity to pump it up.

For a coin to suddenly moon, they would have to organize a plot like what just happen to  Craig's Claim and then the  patenting and then there was an article about US recognizing him as the real satoshi. Though we know the guy isn't what he said he is, the point is already made and ta the same time they know the coin's market are manipulated.

Surely someone did pump the coin. It can also be the work of a pump & dump team. Any coin can be manipulated if the peoples pumping it have enough ressources to do it. Only the exchanges really know who is behind a pump.

the changes in this market will only the reason for the pump in the field of cryptocurrency and it will affect the Bitcoin SV also otherwise I don't think no one is behind and their development is not possible also.

A shitcoin pumped by shit man. Those people who bought the top are totally rekt, Bitcoin SV pumps too much because of FOMO people, they bought and bought because maybe they know it will stay and will pump more, but the news after Craig Wright didn't prove that he is Satoshi Nakamoto lead the shitcoin Bitcoin SV dump.

Surely there are whales in the back and we have seen the level of risk in BSV. I really recommend that we should not invest in doctors now. Its price is too high compared to fake news from Craig. he is definitely not Satoshi and the price of BSV is high because he set up the previous plan.
My personal opinion about BSV is a big trap.

Maybe everyone on this forum has known if there is market who get pump and then we will say it as a whales. As for BSV met increased price drastically maybe we can say also as a whales because we never know who she/he is. Indeed, the increased price that happened in BSV  coin it was weird, when everyone assume that satoshi is not craig wright but when he try to make a copy right to us government then that information gave a lot of changes to BSV price. But, we can see know what will happen on its price because if this manipulation by whales then its price will goes down also to original price.

Doesn't need a genius to figure out that SV is all about pumps. Only 2 main miner groups, belonging to or supported by the same person we all know. The same person who's using the fork money to fund his court cases now and his copyright costs.

Of course it's more than coincidental. Did you arrive in crypto yesterday? ;)

definitely yes, and for sure craig wright is behind this pump on BitcoinSV
i don't really think if bitcoinSV could growing more after the pump buddy

I really don't know, I suppose the usual pampers are coming back in full force in this BSV pamp, let's hope they will push it very high before leaving for some other sh*tcoin... now 105$

Definitely, for every pump or dump in cryptocurrency, there is definitely a news behind it. This is the concept of traders fundamental analysis. BSV pump was aa a result of the US court granting rights to Craig Wright as the founder of bitcoin (Satoshi Nakamoto).

That's already old news to be honest, for sure someone is buying and that's why the price rise. There is surely less liquidity since it's not on kraken and binance anymore so it only takes "little" money for the price to move a lot.

I sincerely don't agree with you on this my friend (concerning liquidity and exchange). When Binance and Kraken delisted, it traded at $52 but BSV has done x2 since then with $400m trade volume. Currently, it trades excellently on these exchanges Huobi, OKEx, Poloniex, Bittrex, Bithumb, DigiFinex, Upbit, Kucoin, Bibox and so on

It's obvious nothing doubt the man behind bitcoin SV is mr. Craig Wright the founder, yes bitcoin SV was in good signal in the coin market cap pumping their price since Mr. Craig wright claiming he is satishi hehe lol.

It's clear it was a coordinated movement: to *proove* he was Satoshi Nakamoto and right after pump bitcoin sv, to show how crypto community received these news positively. The document doesn't have any value, as it doesn't mean he is the real creator of btc, so I guess the main goal behind all this theater was to pump bitcoin sv for a moment. Of course the moment is opportune (probably purposely), as he got the bull run to boost his currency even more.

Are you serious about this or you are just assuming because I have not read about this anywhere, and we would have loved if you could share the source of this news with the house, because I would not want to believe that US court will even recognize this case of Craig in the first instance since they are not reckoning yet with the cryptocurrency technology.

So why would they then recognize him as Satoshi, if this really happened, then I am serious suspecting us playing a game. We still have sec there struggling to get the ETF approval and now you are saying court could easily rule in favor of Craig as him being satoshi?

generally speaking whenever a shitcoin rises in price, there is always someone behind that rise aka pump. otherwise they can never go up in first place because no investor in their right mind is ever buying shitcoins.

now lets review the case of shitcoin called BSV.
Craig Wright has been scamming people for a while now. he has been using Satoshi's name and his lies to fool people into buying his shitcoin and take their money and become rich. a couple of months ago he paid a small fee to submit an arbitrary copyright claim that the copyright office don't even check and it will always remain a "claim" not a confirmed one.
at that time big exchanges were removing this shitcoin so the time for pump was not right so he waited until the big dumps ended and paid the news sites to release the fake news with a fake but hyped up title saying "US government has accepted CW as Satoshi" then they started pumping the shitcoin hard.
meanwhile any day trader who has been around sees this hype and sees the pump so they join in because they all want profit so the pump becomes big.

now we are starting to see the dumping side as they all cash out and leave the newbies to their losses.

By looking at the list of apps and services that people are building on the BSV blockchain I would say this could be something more than just a pump.

https://bitcoinsv.io/services/ 

Also today the release of Tokenized protocol which could be huge if widely used.

https://tokenized.com/

Someone behind BSV pump or not, I would not invest in a coin that is being controlled and manipulated from time to time and I am sure Craig would be among people manipulating the market to create FOMO buy for him to later dump the coin on the market. BSV is just a time bomb that will soon explode and investors really need to be careful with their investment.

I had my investment in BSV before but the moment I realized that this coin is really not a reliable one, I had to pull my funds out into bitcoin. Very soon, we might see a major dump in its value as It has been over bought already.

I guess so, someone or some people can do this so as will give a drastically up and made everyone who sees it did a same thing. That's common things in the cryptocurrency price, every investo will see some coin that got pumped and they will buy it because the profit thing.

I guess you had your smart move on this one. Where can we use BSV? It is not even comparable to bitcoin. And Wright is saying that bitcoin will be dead??? I bet, BSV will have that fate and not btc. And yes, someone or him is behind this pump. Give it some time and this will plummet like no other.

I blame it on those investors too who are greedy and unserious to have believed that bitcoin is good for a long term investment, it is not a bad idea to actually invest in a shitcoin, but one has to be wise, the reason why some people invest in shitcoin, despite their awareness of it being shitcoin, is because they also want to benefit from the pump whales do.

Once they see any pump, they are so fast ahead of the whales too to start cashing out, in that way, they have not lost anything rather than gain. So newbies who are investing in some of these unreliable coins should try as much as possible to always use their head to play the game and not their heart.

Well, this "pump and dump" moved BSV price from a low of ~90$ and is actually keeping it well above 100$ in the past 2 days (120$ right now). Besides the pump I would keep an eye on the CoinGeek conference on 29/30 May since businesses and devs partecipating will probably annunce many things being built on Bitcoin SV blockchain. Whoever interested to find out what's happening, they will be live streaming the event on vimeo.

https://vimeo.com/user92270173

Who still pays attention to that one, everyone knows that he is just a joker who has been using all manner of lies to pump bsv and I don’t know why we have some investors that are not so smart and still investing in this coin that will soon be dumped on them.

I don’t see any real life use of this coin to me and those his group knows it already which is why they have connived to just use fake news to increase its value, or also pump the price so that investors can start investing, but I wish some investor can really deal with them by dumping their coins before they do so that the value can drop lower for their investment to become useless.

Well, in any coins if it pump hard, there should be someone who is beyond that pump, but the problem is we don't know, we just like to call them as whales. That's the nature of the market already, one news, things are hype, then the whales will enter and pump it, of course people will buy the FOMO.

The real reason for the pump is because of the drama created by Craig Wright and his copyright filing of the bitcoin white paper and that is the reason the price pumped for Bitcoin SV in the past few days and possibility it will keep on moving higher in the future and it all depends upon what kind of drama they will be coming up in the future. Investors will jump into anything if they think that they can earn some profit and that is what we see in the price rise too.

The supporters are the people behind the pump of BSV and they are limited. That's why BSV is called centralized and I don't like it at all. I don't think anyone should have bought this. Binance wouldn't delist if it was a good one. Better stay far away.

It is at 150$ right now, when is the dump coming? Any expert pamp 'n damper available here?  ::)

traders become snipers, meaning they monitor the movements of the bitcoin SV price carefully when prices start to rise again then the pope will enter again and will make profit withdrawals as soon as possible, trading in bitcoin sv must remain vigilant because at this time it is full of price manipulation.

Besides the price another metric to check out is the Mining Profitability vs BTC and others info to find on https://coin.dance/

At 148$/BSV it's 28% more profitable for miners to mine on the BSV chain, and it's now at 170$. I wonder what could happen if the miners start switching their rigs to BSV...

https://i.postimg.cc/T3bbtByN/bsv-mining-profitability.png

Truly an explosion, I am actively seeking information about maturity or a positive about the BSV team. more than 50% and still growing. Lol, There are no signs of stopping. Too surprised. Does it really grow or whale has penetrated and hidden under BSV?

99% of people in crypto will tell you that it's just Calvin Ayre or Craig Wright pumping it to dump on their followers. I would suggest you to read https://bitcoinsv.io/services/ where you have the list of apps and services getting built on the BSV blockchain.

BTW at 180$ for each BSV, it is 50% more profitable for miners to mine on BSV than BTC...

personally, i think a lot of coin now better and more safer investment in comparaison with bitcoin sv and such a pump is easy for bitcoin whales just remember what happens to bitcoin cash the 4000$

$182 now and I think svers are happy now with what they are looking to this coin.
Is this the probable reason why the price pumped? I don't have BSV because I know that this is just another pump and dump coin, I'm expecting it to dump anytime now.

Like all the best pumps the current peak is based off a pure lie.

https://twitter.com/DoveyWan/status/1133745717044862983

https://mobile.twitter.com/cz_binance/status/1133777712055635968

I wouldn't have expected anything less.

It being removed from the biggest exchanges works in pumper's favour. Far easier to get morons to rush in when the market is even thinner than it was before.

I agree that someone pump it and that someone is Craig Wright. He is the owner and he is controversial right now in which to pump it up is a common strategy as it will attract more people to invest to this coin specially that it looks like the market is going to be bullish that every crypto and users must be able to ride on time.

This is really an easy strategy for Craig Wright. The price of BSV increased to $ 220 yesterday and I believe that 80% of token purchases come from BSV businesses. they have money and they can manipulate it. If we buy at this price, we are very vulnerable to fail because that is not true value. Don't be greedy, sell to get a reasonable profit and withdraw from it before the disaster comes.

BSV coins are now having very good prices and can be considered for sale now to make the best profit. I think the market will soon have a correction in June and BSV will soon return to the price of $80. Now is not the time for venture capital investments and you need to be careful about threats from Bitcoin. Anyway, if you're a trading lover then this is an opportunity to earn good profits

That is also a big possibility because dumping is always done in this market but maybe there is really something solid with BSV...maybe CSW will soon have a big laugh and may enjoy some vindication here. This is actually an exciting thing to watch...let's see if BSV can hold to its gains days and weeks from now as it seems to be pulled up by the bullish bitcoin the same way with Ethereum and other top alts. I am wondering if the bitcoin community will be changing its stance on CSW once BSV will soar to the "moon".

Of course it is a fake pump, all started by faketoshi. Don't fall for this nonsense and get the real bitcoin, at the very least go with the real bitcoin cash and not a fake of a fake bitcoin

if you think this is not a pump then i have to welcome you to the altcoin market because you are new to this space and you are witnessing your first pump and dump. congratulations, you just took your first step in this market.

now watch the money and where it goes next after pumping this shitcoin. also try watching the whole market meaning other coins that the same pumpers are pumping. hint: BTG and BTS are also getting pumped equal size and with same exact chart patterns.

I think is a pump and some whales start to pump it, but in long time i think the price will drop because BSV is not used like Bitcoin and is not good to make the price grow on this way.

The pump is not so organic,  I believe it's been manipulated by whales,  and perhaps the owner,  if you take a look at the chart it had a flash dump  on 10th of may 2015 before it started with the recent pump up to $189 currently, whales filled their bags already

Hmm, I think may be there is a team or telegram chanel work behind the bitcoin sv pump. After hard fork of SV we are seeing that bitcoin sv suddenly pumped and start to dump again to the real price. So I think Obviously the suddenly pumped and dump make sense that There is a chance some one is staying behind the sv pump. 

Umm another day and still 180$, and 5,5% more profitable to mine BSV vs BTC, as per www.coin.dance stats. About the fake Chinese news, I suppose after 2 days Chinese retards retails would have dumped already at this point... BTW since people ask what can you do with Bitcoin SV, I just introduced a friend to https://www.audiob.app/ where musicians can publish their work and get paid in BSV by the people listening and downloading them, quite similiar to iTunes.

The result: a nocoiner musicist which barely heard about Bitcoin is now enthusiast to publish his works and get paid on the fly by his supporters. No bank account, no personal infos, just a Bitcoin SV address.

Not likely but the raise in price made it more profitable to mine it. If profitability rise, miners could decide to chase profits and move from BTC and BCH (and other SHA256 coins) to BSV, thus raising the hashrate, raising security of the chain. At that point the price could eventually raise. There are a lot of factors in price movements, profitability is more a consequence of price increase/decrease.

yes , i believe that. recently we heard a dozen of news about craig and their shit coin, i just believe it make some sentiment to the market currently.
massive pump,high volume,but in reality,did u believe this project ?
honestly i am not.

Ohhh, due to the misleading information that caused the pump.
I see so there's other reasons why there's a pump with that coin. And as it dumps, it got a better support.

This is a clear scam coin. You can make profit with this coin ofcourse but it's not a sound investment.

Craig Wright seems to have deceived many people and the controversy has made BSV prices increase, but remember, if the truth has been revealed, do not blame it for bad news that will destroy BSV prices in the future.

Before that time is revealed, I think we can get much profit from bsv, so we don't regret to lose the chance to make money from that coin. I don't mind to trade that coin because as long as I can make more and more profit, it doesn't mean for me and if the time revealed the truth and the coins were down deeper and no chance to rise again, then I will leave the coin before it's too late ;D

Of course there is someone behind the rise in BSV prices, and that person is Craig Wright supported by BSV supporter. The strategy is very good for raising BSV prices. after dumping because of his claim to Bitcoin, he was finally able to return the price to the original even higher. I see this as bad news for a good price strategy.
maybe the price of BSV will fly if Craig Wright can maintain his marketing strategy.

Bitcoin SV now trading at 220$

https://i.imgflip.com/32iuhf.jpg (https://imgflip.com/i/32iuhf)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

Well Craig “Satoshi Nakamoto “Wright perhaps may answer this ?Unless people here believe that he’s the one true creator right?

Bitcoin SV after delisted in Binance the Said exchange got hacked and the coin got pumped so if there’s something to think on maybe we can start on that part

220$ is stabilizing value there’s no big growth upon that,maybe if this passed the $500 value then we can say it’s all about the great pump already

I find it great how the price is rising without any huge pump, my joke was on people saying it was going to dump because it pumped for a fake news in China... The geniouses calling for a dump on 29 May and the price was 120$, 5 days later and 220$, so I wonder when the Chinese are going to dump it.  ;)

I do not know why people make their conclusions based on the assertion of a some people. Just because CZ lashed out at Craig and you think BSV is a scam coin. What would we say about the alleged scam coin trading strong above $180 now

I think it will fly and fly very high. people will not know how high its value will increase. But I reminded again, this is really a big trap of the whales. Its price may rise very high but it is only virtual value. one day it can explode and you know the result.
You can try to buy BSV and place a stoploss order nearby, you can get a small profit but don't be greedy.

After Binance & Kraken delisting as a result i think there are no big dumping happen in BSV price 20$ reduced it’s very normal falling down from panic seller because of two big exchange delisting. But trading volume was very good like as previous history. Still i didn't heard there are any good news for BSV but how it's pump hardly, Definitely some one behind the scene.        

Well maybe you should start to read something more about BSV since there are a lot of news and development coming out... Lastly being http://bsvalias.org/ to send Bitcoin SV through email addresses instead of a string of letters and numbers. I suggest to read the article since this is all about adoption and onboarding: https://coingeek.com/paymail-launches-makes-bitcoin-as-easy-as-email/


Isn't it at least "odd" that mainstream crypto medias don't even hint about this, but instead everybody points at some fake news coming from an anonymous telegram screenshot?

Presently, Craig has moved to document a copyright guarantee to catch responsibility for unique Bitcoin whitepaper composed by Satoshi Nakamoto.

For one, Craig has in the past been known to attempt incredible endeavors to cause FUD and FOMO inside the crypto network, and this ongoing move appears to have worked out as BSV shot up by 100% when the news out his turn to copyright the whitepaper broke out.

You are a bit late, copyright was granted and the news came out 2 weeks ago, meanwhile BSV is worth more than double since then, 225$ as we speak  ;)

https://i.postimg.cc/kXmhJHdH/Clipboard02.png

https://i.postimg.cc/prTrzCNM/pools.png

It seems more and more pools and miners are moving onto the most profitable coin actually.  ;)

SOURCE: https://coin.dance/