Bitcoin SV Genesis Hardfork Complete… BSV Has No Meaningful Change in Price

[Xangle]

[Xangle Briefing] Bitcoin SV Genesis Hardfork Complete… BSV Has No Meaningful Change in Price
https://xangle.io/project/BSV/disclosures/5e38c3c229fd

Bitcoin SV (BSV) has completed its Genesis Hardfork on the 4th of February, with the goal of: (1) unleashing its scaling potential, (2) restoring the original Bitcoin protocol and technical specifications, and (3) stabilizing the protocol. The hardfork took place at the block height of 620,538.

According to Xangle, the crypto disclosure platform, BSV is removing its block size hardcap to improve its transaction capacity and scalability. This change is expected to increase corporate/enterprise interest in BSV while increasing its mining profitability. BSV before the hardfork was capable of 1,000 transactions per second (TPS), with a theoretical limit of 9,000 TPS.

In order to restore the original bitcoin protocol and technical specifications, BSV is removing all ‘artificial’ limits imposed on the protocol. This includes restoring all the original functions once available on the Bitcoin Script language. The other goal behind the fork is to stabilize the protocol. BSV claims that just as how services were built on top of a relatively stable internet protocol, blockchains need a stable protocol too. BSV expects increased commercial activity on its network.

Despite the fork, BSV’s price after the fork is stable at $282. They had already seen a huge price movement in the last few weeks after the debacle regarding its founder Craig Wright and the alleged Tulip Trust that proves his identity as Satoshi Nakamoto.

[vaunce]

Let's see in the future how things would go regarding BSV. People just don't jump overnight, probably many are waiting to see how things are going first.

BTC price exploded overnight when it had 1-2 years only? It takes time till awareness reaches to the vast majority.

[Byakuga]

~snip~

If theres no significant price effect then this do simply means that no one do buys out this shit coin.
This is just being hyped but people here on the community does know on how shitty this coin is.
No matter how many it would forked out it would be still useless.There might be some demand
but this one only good for short term profiting but for total usefulness or support? ITs still a big question.

I think many don't care about usefulness and supports, everyone wants to make profits as quick as possible that's why they invest in projects that looks like it will pump, people can actually make good gains out of BSV than other big coins don't you agree?