Bitcoin SV Enters Top-Five on ‘Pretty Genius’ Wash Trading Play, Claims Analyst

[cheezcarls]

The cryptocurrency markets surprised many with massive gains across the board yesterday. With an increase of around 140 percent, Bitcoin SV (BSV) led the wider market, but some analysts suspect that the huge increase in buying pressure was not the result of genuine investor interest.

Seemingly spurred by rumors of missing private keys appearing and big future advancements for the protocol, Bitcoin SV reached a high of around $422 yesterday. As reported by BeInCrypto, the controversial cryptocurrency briefly overtook rival Bitcoin hard fork Bitcoin Cash (BCH).

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Do you guys think if this is true or not?

Of course, we are all excited about the price pump of any coin or token, like BSV. However, I just don’t know if analysts claimed that BSV’s price pump (before it goes down again) was due to wash trading and not from the interest of any investors are true or not.

We know about wash trading, and it isn’t really a good thing. What are your reactions or opinion to this one guys, no matter if you are supporting or against BSV.

Thanks in advance. 

[makishart]

I do believe about that and there was a lot of article about the explanation of wash trading that already happened with BSV.

This news is even supporting if all of hype that happens with BSV right now just totally fake

https://decrypt.co/16998/confirmed-craig-wright-doesnt-have-keys-to-8-billion-of-bitcoin

Crap exchange sites have multi billion dollars volume instantly. That's a criminal act