Bitcoin Forum

recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.

what are the huge developments that you are talking about? that is true it has a possibility to reach $275 and surpass its ath but it could happen because the project is a purely speculative driven based project, all of the increase is not organic and created because of manipulation from craig and his co.

I still watch it, its too early to say its a bull trap or demand for BSV has increased quickly by positive development thing.
But,well it make me suprised to be honest,kicked EOS and LTC only on +- 24 hours.

Crypto NOOBs " it's speculation!! It's Craig!! It's China!! It's Iran! Its Trump and geopolitics!! This is madness!! It's impossible!

Pro Trader " look at the charts dummy, it was just oversold"

It should be a bulltrap that can go down anytime but this pump to react the latest news about CSW case. Shorting BSV is not a very good decision right now. if this trend still continue and BSV will go to the top as soon as possible as it has already pumped a lot.

The ATH price was around $250, IIRC. The price will not cross the $300 because the short orders on the perpetual contracts are at the highest level. Probably, the fake breakout of ATH will happen and dump will be inevitable after the last wave of the trend.

I expect bsv to hit all time high at least if not a clean break well above that. Remember bsv has been around much shorter than bch and has not gone through a full pump cycle yet.

This is also on condition if btc turns bull and breaks 10k the alt markets will follow and play some much major catch after being oversold for two years

LOL, even that goes through $ 300. Well, to be honest, I'm quite sorry I only saw the pump that happened to this coin. however, I did not expect that the coin that was high first was BSH SV. Well, I'm still waiting for the high pump from Bitcoin. this is really thrilling. I think that potential will come to other coins too

And now the price has surpassed $ 304 and is still continuing to rise. I haven't seen any signs of BSV's demise, I don't understand why shitcoin bsv is pumped so fast. Perhaps due to the absence of investors, the price may be manipulated by the dev team and the whales. Everyone knows that this project is scam and nobody invested in it

It is very possible that this is a pump, and we can expect a dump soon.

I think this is a bull trap because there are no crypto can grow too hot like that. The target 275$ has been reach and there are no signal that this coin will stop, i think its will make new ATH soon.  ;D

Wow what a big pumped right now of BSV, lucky those who invested BSV when it was $100 price.. expect the dump happens because investors already gained profit, it can dump anytime.

BSV has become a lot of conversation here because of the drastic increase in 24 hours and this has reached its new ATH.
The price of BSV is almost equal to the price of BCH, then when will bitcoin and ETH be like the two coins if there is no big demand so that the pump is not so big.
In fact, what I expect is BTC and ETH for big pumps in the near future because I hold both coins for a long time.

actually it depends on demand and supply in the market, if the price spike occurs within 24 hours, then there is most likely still hope to exceed 50% and above. but my advice is if you have a BSV coin to always monitor price movements and if you feel the price of a coin exceeds your initial capital, then immediately discard.

BSV already kicking down EOS, LTC, USDT in top 10 because of this pump, and hit the ATH today. lets see where BSV goes.

Look at the BSV/BTC chart and you will understand why the traders don't like the 50% up in a single day. The BSV is a useless and fake coin, there is only one BTC.

https://i.imgur.com/mAZsTQE.jpg

BCH and BSV will continue to coexist, and will not move up the next rank to defeat ETH or Bitcoin (impossible). Maybe this is all the perpetrators, namely Tim, colleagues, and the whales starving, making good news so that FOMO happened. we'll see their development, after this I'm sure there is a very deep dump. This could be the whale factor that will come out of the market. From the start, I was skeptical of BSV, too much manipulation. this coin does not deserve to be ranked 5th in CMC.

I believe it won't go anywhere. Its price will certainly drop in the next few days and it will return to the starting position. BSV is heavily manipulated and we saw it today when the price was pumped up to 350% in just one day. BSV is a scam coin and we better avoid it if we don't want to lose our investment money.

As soon as I wrote this comment Bitcoin SV went up to $ 326 and increased almost 100% in just 24 hours.
Bitcoin SV had a truly spectacular increase in the beginning of 2020. However I think this increase cannot be sustained, if people buy Bitcoin SV at this point they are very vulnerable to FOMO.
Perhaps this is a trap of sharks trying to roll out to trick inexperienced people.

I'm watching, this is really a very significant price movement. You can see now that BSV prices are increasing rapidly 94.05% in the last 24 hours. even now it has reached the price of $ 323 and is likely to continue. in my opinion the current BSV coin can be said to increase significantly.

The price increase was caused by some fake fork. I'm sure it's just manipulation and pumping prices just to make a classic dump later. I would not be surprised if Roger Ver himself will be the first to sell at the top.

Where is the top?
You think Roger has any BSV to sell?
A fake fork is that the same as no fork?

What matters to everyone is profits they can make but what should matter is the quality of projects they invest in, BSV looks shady right from the beginning that's why i never invested a penny on the project, it's your choice if you want to invest but remember to invest certain amount you can afford to throw away

Wow so many crypto sheeps in here saying bsv is a scam coin, saying it's manipulation, blah blah blah....

Sounds like you crypto noobs are in the Disbelief phase of market cycle psycology.

You can't stop everyone to think like that as CW is a well-known scam with his attempt to steal an identity which is proven as faketoshi.
The market will always be like this especially if it is an open market, there's a lot of speculation circulating around. And BSV is not the only coins who experienced that.

now it has even gone up to 95% and the price is more than 300$.

It seems I agree with you, this could be just a manipulation and will end up being a scam. in a day the price increase of BSV up to 95% is not very reasonable as an altcoin, I mean this is BSV is not a BCH, if BCH maybe I believe a little. For BSV I really do not believe it, surely this will end badly, I smell a scam method made by BSV lol

It is unbelievable that a top-ranked coin like BSV can raise prices like crazy. The same thing happened at the end of May and early June 2019, after which BTC also had an external price increase. I wonder if history repeats

and I read an article that bsv will be listed in binance again, this is bullshit. I searched for articles on the binance website but did not find anything related, so be careful with this pump

What's wrong here? Why did you say that Roger Ver will be one of the first to sell BSV? Do you have any confusion between BCH and BSV?
As far as I know, Roger Ver is the owner of Bitcoin Cash project and this project is in fierce competition with BSV. So I don't think Roger Ver will hold BSV and sell it for the time being

It is expected that the price may increase more but I cannot see any base because of which I can invest in this coin just like some projects announce their big achievement or even just like bitcoin have halving ahead so we are sure that till that time the price will boost but I have doubt on other altcoins which increase for nothing. It is also possible that I am wrong and because of bitcoin increasing demand people are also investing in other coins and in BSV. So I will wait that what will happen next.

Bitcoin SV pumped because of bitcoin pump.Maximum time altcoins depends on bitcoin.You can see that other altcoin like eth,eos,ltc pumped 13%,26%,18%.So In my view there is no good reason to pump.

Seems like this coin as well as several others are getting similar shine whenever Bitcoin sparkles. Could be pumped by whales or people looking for some short term gains. Like others have said, I don’t see this as a viable long term project coin yet. Time will tell but claiming to be the real Satoshi? Doubtful- but maybe decent marketing for attracting new buyers.

I would steer well clear of BSV at this point.

+200% growth in the span of a month simply because of some recent court developments? Surely that can't be sustained.

Get ready to short guys!

I already sold off the little BSV I have seeing this pump, knowing fully well that "after the rain comes the sun". It was a good trade since I made gains, but I pity those who will get caught up by dip after this pump. However, I'm not saying BSV is bad to hold but I'm not a long term believer of the coin.

OMG they overpass the BCH in few weeks according to Coingecko and nearly in Coinmarketcap.
I have this coin in my old wallet after the fork of this coin. Small amount but maybe after block halving we will see the price reach to 1000% again as what happen to bitcoin and Bitcoin cash.

I just don't see the reason why it is increase too fast compared to bitcoin cash which is the first one.

I wish I know, then maybe I would go into this pump & dump myself. But those who stay behind know.. ;)


He was one of the largest bagholders of Bitcoin, because the BTC -> BCH fork became one of the largest BCH owners -> after the BCH fork became one of the largest bagholder of BSV. If he hasn't sold it yet, he has a HUGE amount!!


I heard that the fork was announced, but did it take place? I don't know .. Does anyone have information about that, or anything confirmed?

Someone paid $2165 for BSV   https://www.bitfinex.com/t/BSVBTC?refcode=6dwJVwfb
$8660 for BTC at the time and goes up to 0.25
How crazy

i have no idea , bsv always showing a sudden action. but after just a few short time, BSV drop quickly.
but,on this time,BSV has crazy,i have no point about its a bull trap.

Must be by mistake. The price today spike up to 90% and no signs up going down yet.

But It must be dumped before Feb 3, CW has to prove he has the BTC since the court asked him to prove he has the BTC in control to prove he is satoshi. If he can't prove this, he'd be proven fake finally.

Wow. BSV is now $ 330, even passed BCH, and fourth in the market. What could have triggered its price in such market situation? Where is such a strong demand? Why can not we see?

Make sure that the price will ultimately go down. Today's price increase and some false statements are used only to gather supporters. Lets wait for the outcome of this court, but also make sure that someone who can influence the price so much will do it again in the future until the money runs out .

Already referenced this elsewhere, but looks like a short to me on smaller time-frames  8)

Is just a manipulation and also a bit of pump some who have interest to grow this coin and also they want to get some much if they sell their coins but this is not the real bitcoin never ever.

If I'm correct. This will be the second thread opened where the recent uptrend in price of BSV was communicated on this forum and I'm still surprise the whole thing people focus the most making more money and forget the fact that the uptrend of a coin doesnt make it a better investment.
Wake up people and dont be blame by Craig and Roger lies.

I've honestly never seen manipulation of a coin this large in scale.

The pump seems to solely be based off of the information that CSW has been providing to his supporters, and that is enough to drive the markets completely nuts it seems.

I don't even think that the pump is 100% organic in the sense that it's likely fueled by a lot of short squeezes as well as leveraged positions from speculators that would otherwise want nothing to do with BSV.

A correction is imminent. There is no way around it.

Now its price has passed the bitcoin cash price, and it is really impressive since the all time high before just touch $250. I don't know this is bull trap or not but the trader or its inveator should be careful about it. Just supprised with this movement price since there is no fundamental information especially from CS as its creator.  Seem like the cryptocurrencies price will touch another all time high not just for BSV only.

It's clearly only manipulation from those who think and believe rumour about CSW would unlocked the 1.1 million of bitcoins. This is clearly fake pump and soon it will be falling back to their price before (this shouldn't stay longer imo)

People wont care if its been tagged with horrible history or been frowned upon by the community as long we can make profits
then personal negative views and insights would be disregarded.

This doesn't only talk with BSV but also BCH do have currently 22% in increase.Why? We cant stop people not to buy specially
the market is hyping or totally a new start of bull run.Its just a matter of choice and risk taking.

Yes it surpassed Bitcoin Cash price however it needs to sustain it. Most likely if there is no positive developements on Feb 3rd, it will come crashing down to the ~$100 area or even lower.

This coin is purely news driven and very illiquid. Basically this is what used to happen with Bitcoin Cash and Bitcoin during the 2017 days. BCH would get pumped and BTC would dump when they were competing with each other against hashrate ways, difficulties and long block times.

In the end obviously BTC won and you couldn't kill it.

Question is, is the increase due to increase in real users, increase in real investment inflow, due to the usefulness of the coin or is price being deliberately manipulated? How many real users are on the network, by the way? Hundreds, thousands, millions? And how decentralized is the coin. Looks like everything is centered around a single individual/stakeholder.

I think these are part of what determine the actual value of a cryptocurrency project and not the price. The price factor need to be organic else it should be ignored.

if seen today the BSV had touched above 100%, I want to really know about the pump they do it, still curious about how much money they have, so they continue to buy BSV increase trading volume, I'm sure everyone waits until now waiting for BSV really exploded and then it will fall, make a lot of people lose money, then they come whining to this forum asking "why is there a dump on BSV?", whereas we have warned it is far from before

Dash did the same thing, from 40 to 115 dollars! When I woke up this morning I was surprised, I still am, something crazy happened overnight. I don't know about bsv, I don't have many bsv coins, but dash is interesting and I have some nice amount, I am thinking to sell now, is this a temporary rise? Or we can expect further rise?
Like always we need to play smart, after such rise I will dump 50% of my dash, minimum! If it rise more I will have what to sell, if it drops back from this point I will have money for rebuying.

I very fortunate to have chosen DASH long-term investment and today is really the day that all long-term investors feel very profitable. In my opinion, both BSV and DASH coins have a very surprising growth and this will definitely make the psychology of investors feel better. I don't know much about the growth of BSV but this coin usually increases by more than 100% in just a few hours.

However, you should be more careful because after the bull period, these coins will have a big adjustment and it is best to sell them all to ensure profit.

for those who think that the increase in the price of Bitcoin SV is a bull trap, it looks like they have wasted their chance to get a big profit. whatever your opinion of the increase that occurs, it seems like only those who dare to take risks can make a profit from this. for me, it seems like I need to pay attention to the fluctuations that occur in BCH. yeah, since the first time BCH has always provided a fairly high price increase.

But you should know that opportunities in the crypto market are an indispensable thing, ignoring this opportunity, we will have other opportunities in a similar time period, but if we fall into a bull trap, the chances of us coming back are very low when the amount we can lose is almost entirely the amount we invest. With such a level of risk, regardless of whether the profit is large or not, we should still be in doubt and not involved when we are not a big investor, we will not have enough money to play in a battle of manipulators.

i have been observe the BSV for the one week ago, and this coin indeed show good alerts. yesterday it increase almost till $30 in few hours and today i see the price in the market $345 so delicious to trade in short term because in my opinion it very profitable, i have not observe for long time yet so i can not decide that BSV good for investment or not

Patience is a virtue   :)

The price started rallying because of the rumors that CSW got the courier from the Tulip trust as he was claiming and it is said that he got the private keys to the initial millions of coins that were mined and on getting those news the price started rallying and if he is not able to produce these things then the bubble will burst for good, just a few more days and lets see how this drama unfolds.

it's too early to say that rising BSV prices are a trap. Come on, this is normal and can happen to any altcoins, projects that have been said to be scam if you have strong investors and support will happen like the current phenomenon of BSV, BCH Vs BSV is interesting at the beginning of January 2020. Yes, even though BSV has said a lot of traps, won't we enjoy it by taking part in trading and taking a little profit?

well, i guess party is over, watching since beginning and now , BSV seems hold 4th place , create a new ATH yesterday at $441 and may i can ask ?
did this pump happen because craig vs kleiman court case ?
according to news i read :"The catalyst for the sudden move appears to be the spreading rumor that Wright has now received the final part of the private key that will unlock the original cache of more than one million Bitcoin mined in the cryptocurrency’s infancy."
any thoughts ?

It’s just in the last 24 hours and now BSV is top 5 coin and before a lot of times it’s happened. For this vive you will never think BSV permanently kick out Tether, Litecoin and EOS. We know that BSV and BCH are looking bubble but they dominate a lot of times i sold out BSV after Binance delist when big price crashed. BSV already start go down i think it will touched in the below 200$. Yeah absolutely it’s a trap i think. 

With such large price increases, many speculators appear near the coin. It is possible that positive situation will also attract new investors. I think that for the whole market it would be good if the BSV price increased all the time, because it would improve everyone's mood. Let's hope that such positive increases will last as long as possible.

BSV situation is total different due all the impersonation and drama caused by Craig from the early days of BSV creation till now and the reason why the current surge is bull trap is because Craig admit to the court orders but i dont know why some investors are always after rofit cause he's yet to provide any evidence.

Real Bitcoin will crash all fake bitcoin forks.

In the long run maybe, but let's just give these forks some enjoyment now as all of them are just total hype created by CSW.
BSV did dump, then what? I am not expecting again it will stay at this level, for sure that will dump again and in fact it has already started.

bsv negative 19% now https://coinmarketcap.com/currencies/bitcoin-sv/markets/

Certainly this is not possible because BSV prices usually only increase in a short time and will adjust in a very long time, so if you choose to invest now, the risk will be great. I think instead of investing in BSV you should look for a coin that can increase in the near future because there are currently hundreds of good options for you. Of course, I not sure what will happen next because the market is often very unpredictable.

For me, profit is most important when investing and I often stay away from coins that have gone up in price because of course you will be very hard to make good profits from that coin.

The market rallied in a short period of time and it is quite obvious that the market will go down as well as there will be a lot of selling pressure and that is what we are seeing now, the market performed when it was going higher and when the market is having a slight correction the BSV market is the biggest looser and it went below BCH once again.

The problem is, most of the investors got in when all of the hype was surrounding it and it was skyrocketing yesterday. They're going to lose confidence in the project whenever they end up dumping the coin for 50% losses. It probably attracted new investors I'm sure, but I don't think many of them at all are still holding the coin after today. It would be hard for me to not dump something if I lost a good percent of it in a short period of time. Sure, they shouldn't have invested during this pump, but many of them don't know any better.

Every big rise, similar to bsv and dash rise in the last couple days, is a possible bull trap. Bull trap is the ones tho get too late, and there are many people who get in late, simply because they start with buying too late, when price already raised a lot! I don't have bsv, but I have dash, and I follow situation about dash more closely, and I am waiting for my exit point, after every bull run there is some drop, big or low, it comes, so people should be ready for that.

And the dump began!

It certainly you are not wrong mate, the current surge of BSV price is totally a fool.
Try to look at this https://www.newsbtc.com/2020/01/16/bitcoin-sv-crashes-30-as-hype-fades-can-bulls-save-bsvs-price/

The 50% up is already been done and BSV crashes back home. That is the power of whales trying to catch their prey again. So we have to be careful in choosing coins for trades, a single mistake we might commit will always suffer consequences that we always been remembered.

there are always traps played by whales on the market. some assets that do not yet have a strong market will certainly quickly decline. I have never believed in a pump that just happened without the news of an update that could strengthen the price of coins on the market. many people will get caught up in games like this if they're not careful.

Since Craig supports Bitcoin sv, it is likely that the growth of this altcoin was primarily due to the news that Craig has access to Satoshi Nakamoto's Bitcoin wallets.  These news are very actively discussed in specialized social networks, but nevertheless, everyone expects some movements of bitcoins in these wallets, which will be clear evidence that these actions are carried out by Satoshi Nakamoto.  Nevertheless, I believe that in relation to the price increase Bitcoin SV is a real manipulation and every user who is tempted by this coin should carefully consider all the risks.

Yeah, I have been using a shared masternode thing for dash as well and I just got out, I think it will go down a bit more later in the week or this month so I can buy more and get a bigger share hopefully, this is just too good to not sell. I think there has been MANY altcoins that went up lately so its not weird about just BSV and its generally just all altcoins.

We have really missed the altcoin party, it has been soooo long since the last time alts went up this much, plus we are seeing bitcoin go up at the same time as well. The last time both alts and bitcoin all went up, we ended up with that 20k peak times, I don't want to jinx it by saying this but I feel like we are actually going up to a new records as well, probably won't be that quick but hopefully we can reach a new ATH in at least few coins.

The current dump for BSV means that the fortress wall is gone and there may have been many trapped by the decline because there must be someone buying at a high price, even I have no influence at all with this BSV increase because in my opinion this will not be long and right now a dump may be in the next few days will be even worse in its decline.