Bitcoin Forum

On a day of largely-stagnant price action in the cryptocurrency market, one major digital asset is moving out of sync with the overall sideways trend. Bitcoin SV traded earlier today at around $116 but, suddenly, pumped to a local high of over $128.

It is not immediately clear what is behind the Bitcoin SV pump. However, there have been some recent developments in the ongoing legal battle between Bitcoin SV proponent and Satoshi Nakamoto claimant Craig Wright and the estate of his former business partner, the late David Kleiman.

Click here to read the full news (https://beincrypto.com/bitcoin-sv-pump-wright-kleiman-case-developments/?utm_campaign=amba&utm_medium=social&utm_source=bitcointalk&utm_content=jc)

Okay even if Faketoshi's BSV got pumped recently, I really don't care at all!

I am not really convinced about Faketoshi's recent legal development, because I would still not believe about him being the real Satoshi Nakamoto.

Yes he can claim it many times, but no one (not even me) would ever believe that he is the real Satoshi.

If he is the one, why would he need to create BSV rather than pushing BTC to the next level and adopt it massively? What are your reactions to this one guys?

ETH yesterday from the lowest price of $ 128 can easily touch $ 146 nothing looks great, moreover the BSV is only pumped up to a difference of $ 10, the price increase though it looks fast $ 116 - $ 128, I'm sure the pump is done by their side, I don't believe many BSV holders outside there except people who believe in Craight, I'm sure it's just a small pump and it's nothing, I still want to see the next 2 years if their project is still alive, we'll see, if he satoshi please move some BTC from his wallet first to somewhere might be more convincing

even me I will not believe he is the real satoshi
it clear that he is claiming that he is satoshi to create hype and doing it to earn some profit by selling it at high price
i will not be surprised that one day there will be news about how he sells all his BSV.
so for me, i will never buy that coin and totally stay away from it

He's taking advantage on people who trust and believes in him to get the benefits he wanted, what can we expect on someone who claim himself as someone else? when he can't even provide a single evidence to confirm that he's the person behind that pseudonym. He keeps on making a scene to captures people's attention and he manipulate every situation to appear that he's right when we can clearly see that he's not.

There are no fundamental reasons for Bitcoin SV to show such growth while the whole market is in an uncertain state. I always thought that all forks of Bitcoin are coins of only speculative nature and there is nothing interesting in their technology. if you are a speculator, then you have already earned many times on the moving of this coin

Everyone should just stop noticing anything regarding things related to faketoshi. You're giving him too much exposure because of this kind of discussion, it's best to just ignore him and let us see who will laugh at the end. He is gaining attention for every single article or report that we are doing about him. If that coin pumps, just ignore it and it will just go down normally soon.

Nothing to expect from that guy and just a greedy person who is interesting to claim crypto to give benefit for himself. That guy is a criminal for crypto as so many self proclaimed that already created by that guy. He can't even prove if he was satoshi and he keeps lying. That guy can be considered as a father of liar in the crypto.
He is having the same consideration as scammer and BSV is a scam coin.
Just hope Ira Kleyman will win the case against him.

He has a legal battle going on about the ownership of some large amount of early mined BTC. The question of who the real satoshi was also comes when we try to find out the role of early bitcoin adopters and miners. Satoshi planned his leave and if he did so much to keep himself anonymous, he would not claim himself to be real satoshi without a proof.

It's not a organic growth, it's just a pure manipulation of the price thinking he can still brainwash investors.

Let's not focus on these Fakatoshi's coin, as it is not really a good one, thinking he can manipulate us again by creating a lot of FUD in the market, well, he's wrong with it.

Exactly. He can easily claim it because he's the owner of it but regardless of this battle for him, he's just really doing this for his namesake. He doesn't have to proof it because it's not really his property, he don't own it. It can simply be done through signing a message and without that, there's no way to prove that it belongs to him. He's a real joker and all he want is to get the attention of all the people and make him look like a genius because of his false claims.

But who cares? To many a coin is bad if its not profitable for them, isn't it? If faketoshi can give investors good profits it will be originaltoshi for many  ;D ;D ;D what people cares about is profit making, what good is a promising project if they never bring back profits for investors?

The more you put your attention to this Faketo-shit, the more he will do things like this. Spreading false information and promoting his shitcoin into the public.

Lets just not give attention to this stupid idiot. We only have 24 hours in a day and 7 days in a week and there are many things that are far more important than this. Don't waste your precious time to this stupid shit out here. Its obvious that the pump of BSV came from them also. Its pure manipulation. It is how the market works right now. Whales are manipulating the market and so every coin can rise anytime and vice versa.

I also do not believe the Satoshi was there and did pump on BSV. If the reason he is supposed to pump coin his own creation is Bitcoin.
So, I don't care, and maybe it's just a game of whales out there who want to lure traders to trade.

Yeah you're right because they are only playing the games wisely just to fool all of us to make an investment to their coins. We don't know the real identity of satoshi and Craig Wright is using this opportunity to achieve his goal which is to make BSV more popular by claiming that he is indeed Satoshi Nakamoto.

Currently BSV ranks #7 in coinmarketcap and it's not a bad position as a little push of it's marketing will make this coin rank up higher. I didn't care about the real identity of Satoshi also but I am hoping that others will not use the title of "Satoshi Nakamoto" just to make a fortune of it.

a trader must not think about it, if the coins they buy go up they will be happy, maybe different from investors, stay careful with FOMO, don't be trapped

I think so too, to convince someone that he is really Satoshi by moving some Bitcoin from his wallet, Until now I doubt all about BSV and strangely someone many believe in the project so the price at the pump. yeah, i think it's a manipulation, someone who is greedy wants to get more profit. we just see their development, I tend to prefer another alt, LTC even in my opinion is better.

Even if you don't care, take the opportunity to sell your BSV for fiat or bitcoin. Why not? It's free money after all and once released you can put it to good use elsewhere.

I do not know what happened with BSV, maybe the pump was done by someone so that more would look to buy a lot of BSV so that someone can sell at a high price and they get a big profit.
I think that BSV prices are normal now and there is no price manipulation because it will benefit someone.
Rather than holding a BSV I better find another coin in this appeal.

BSV is an altcoin, and Craig Wright can never be a real Satoshi, he is just a con artist who rose to fame through deceit, he has never been able to technically proof he created bitcoin, he doesn't write bitcoin code neither will he be able to proof the identity he deceitfully claim. The coin will pump and later fall, I hope people don't get caught.

I am least bothered about Bitcoin SV and faketoshi. Like him the coin is also fake, they have been pumping this coin after the form in 2018. It is now known as pump and dump SV.

It is best to never care and post articles about BSV. Let this scam project die in silence and don't make new investors curious. Craig Wright is a scammer in this market and certainly his project will be the same, I hope the other exchanges in this market are the same as Binance. Remove this altcoin from the exchange and make its price go to zero

Well I also don't care the faketoshi guy, but this coin seems promising it is gaining popularity, I guess it is good investment and also trading.

Well said.

A pump in price doesn't mean that all of a sudden, this project is legitimate. It is not, and it will never be. Just because there are some apparent 'legal development' in the tulip fund doesn't mean that it's legit. People are way too gullible. Until we see legitimate proof beyond reasonable doubt, he is not satoshi.

And even if the real satoshi is found it shouldn't matter much to the market from a rational point of view. It makes no sense to rely on a central figure when the BTC network is designed and has been functioning in a decentralized manner.

Because of what things that coin can promise and get good popularity? can you explain more fully,
if it can indeed be profitable I will try to invest in that coin.

Because so many people are getting fooled by faketoshi is always promoting it but that will not so impressive as what already done by major coins. This is a short term hype coin similar to dogecoin. There is no need to consider this one as a serious coin. I personally called this one as a joke coin rather than a good coin.
Just hope those BSV supporters will be realized how bad BSV is. But what thing that must be corrected if BSV is not a promising coin.

BSV is currently trading at $ 163, the hype of price increases continues, I think is still related to the continuation of the Wright & Kleiman case, and also the joy of the holders regarding the utility effect of increasing transactions per block (Weather sv). Why doesn't Craig Wright continue with bitcoin if he is the creator? I am not curious and not interested, it is clear he wants global existence and recognition in his own way.

Let's stop looking for Satoshi. Those who say that they are Satoshi are no longer taken seriously. Bitcoin showed us a lot of things. I think we need to talk about how Bitcoin goes further. The problem of block sizes needs to be solved.

Have you not seen the price of BSV? last week the price was increased 50% so this means many people like to invest BSV. Why don't you join the ride to make profit.

I agree with that conclusion mate! its better to leave those topics about BSV behind so that it will dissolve normally, i'm sure it will be gone soon. those claims are not so important for our precious time and attention as usual it's all about money and drama, I believe cryptocurrency industry is more than that. that's why you are right mate its better to stop any discussion related to that claim of Mr Wright or any topic about BSV so that it will be disappear soon!

Every coin gets pump up anytime, because every coin has whales behind it, and BItcoincash is not an exception, these whales can do pump from time to time to get the interest of investors and of course the community, so expect this thing to happen from time to time to any coin not only Bitcoincash.

Wise men or investors already knew the chances of satoshi revealing himself is zero. Those who still have the slightest beliefs and hoping to know satoshi has no idea about the business who wants to attract more markets.
Self proclaimed satoshi like craig wright just want to use the name for business and market purposes.

for bitcoin user i don't care, i hate this BSV, why? beacuse man behind this SV is the fcking fakesatoshi craig
but if you want to know why the coin can rising ?
the fomo of coingeek, last conference and BitcoinSV seminar also this 2 news from coingeek really help BSV rising
https://coingeek.com/kleiman-vs-wright-judge-bloom-lifts-sanctions-issued-by-judge-reinhart/
https://coingeek.com/tulip-trust-3-documents-produced-in-kleiman-vs-wright-lawsuit/

He is making his progress huh. I agree with you man I don't know why did he create another when he can do it with Bitcoin and bring it to a condition we all want it to be, sounds crazy. Besides Satoshi didn't make himself anonymous to later on made this claims and decisions, Satoshi isn't going to reveal himself not a chance. And in addition it might be their manipulation to attract other people.

The whole and utter reason why this coin has any value at all is because of the myths that is being put out to the public by Wright... And since they are likely to be complete lies, judging from the facts, it means that in the long run there shouldn't be any intrinsic value in holding this particular coin whatsoever.

I think part of the demand isn't even supporters of Wright, it's just short term speculators that want to take advantage of the volatile price movements.

I'd stay away from playing this market even though it has potential to make you some bucks in the short term, because in the long run there is no value to speak of.

I am one of those who do not like the fork coins like this bsv.
I don't know what their innovations are going forward, I don't care. What I do know is that they are only projects that use the results of the bitcoin fork.
Moreover, driven by the Faketoshi. Where he always makes a continuous sensation.

The big blocks smoking them Honda's!

Noobs hodler " I hate BSV because Craig Wright is not a nice guy at all  and I'll never believe he's Satoshi! Never!!!!"

Pro Trader " Your a SHEEP. You could have doubled your money in 1 month dummy! "

Remember the most hated coin pumps the hardest! Just like XRP back in 2017.

Fundamentally I like the big 2 gb block size. Just dwarfs btc in scaling capabilities. Has a lot of good tech. Theres a lot to bsv but every noob just looks at the surface and sees Craig and don't even bother looking at who's really behind bsv which is actually Nguyen from Nchain.

Go get smoked Noobs.! Next time build up a Big Block. Lol! hahaha!

"Faketoshi" is craig wright, dude came out claiming he is Satoshi Nakomoto and turns out he wasn't and it was proven he wasn't so it is weird that he still claims he is. In any case he can dump as much as he wants, what he doesn't realize is that as soon as he has no bitcoins left, dude will be incredibly worthless in crypto community, eventually he will run out of bitcoin anyway so we have to just wait for it.

He is super jealous of whats going on in bitcoin world and how much it is loved and how his own BSV is not loved at all and he has to keep on selling bitcoin and buying bsv constantly to keep it alive, we all know that can't continue forever so he will have to stop selling but lets see how long that will take because we have no idea how much money he has left.

Fork coins are sometimes beneficial as they might give us some instant profits by just holding a specific number of coins in our wallet at the approximate block so that we are given a fixed ratio of the newly forked coin in our wallet.

I participated in some forks and personally got profits from those but considering Bitcoin SV I think it is something made from a replica of bitcoin. Such replicated coins might not gain huge demand in the market as already we have the coin from which they are replicated. Bitcoin is always a better and convenient option in terms of such other forked coins like BSV.

I think BSV might not have this value it currently has in the future so I do not tend to be amongst the BSV investors.

the increase in BSV is just nonsense, nobody really buys it as an investment, just look at the coin market cap the price of BSV goes beyond other altcoin prices, I'm sure it is the money of those who buy it increases the price to catch lots of new people coming for them, I think for the value of bitcoin in the future of course the actual satoshi sought will feel insecure and uncomfortable even will feel threatened with anything like popularity or identity, CSW only looks for popularity let alone when many criminals consider it to be satoshi, he might be kidnapped and robbed and removed from this world, may salvation be with it

Of course it's possible that it's just bullshit how could he say that he is Satoshi.
and regarding the BSV I also agree because the BSV which experienced the highest increase in the last 7 days reached 87.42%, maybe it was just a pump made by them, but it gives a big profit if you buy before this pump occurs.

I don't see any good thing happened in BSV for the past few days. No questions, it is made by them. I don't have a proof but there is nothing more obvious than this fake pump just to attract investors and get popularity by pumping their own coin.

BSV was actually been promoted on a number of development platforms having high traffic which might have created a specific demand for BSV which even resulted in the pump.

There are a lot of investors who would like to make profits from these situations and hence they might be investing in similar coins to quickly fill their pockets. Even I personally do not care how hard pump or dump BSV faces because I am not really interested into that but BSV might lose its value in the coming future if ever it is revealed that BSV has nothing to do with the real Satoshi Nakamoto and also if the devs behind BSV take their supporting hands off the coin.

No matter how huge the potential of BSV is, I would still focus on Btc, Eth, Xrp and other top coins which are worth investing in. Reputation has a big impact in the trust rate of a certain coin. As for me, I will always choose to invest in trusted coins with honest and trusted creators unlike BSV who has been into a big controversy of claiming that he's the real Satoshi but couldn't prove it in the end. Coins like this might fall into a bigger controversy in the future.