Bitcoin SV has been picking up monumental steam over the past month, seemingly relentless on its path to all time new highs. Can it be reached? Will it be reached? Is it just a pump? Only time will tell. As usual any thoughts and comments are more than welcome.
Bitcoin SV(BSV) is actually a forked coin which is just been launched from the blockchain of bitcoin on some specific block. There is huge demand for BSV in the current market because we can see a lot of FUD, news about BSV coins controlling the markets.
Youre getting it all wrong mate because BSV was a coin stemmed and hard fork of BCH which was launched in the year 2018 not just launched as you said.
The fake news about BSV controlling the market was carried out by Craig and his team.
Most of the news are on the negative side of BSV but yet, media plays a important role and no matter if the news is positive or negative, it attracts attention from the viewers which might surely give a boost in the price of BSV. People come to know about BSV from a number of platforms and also there are some supporters of BSV who are promoting BSV in a positive manner and on combination of these both perspectives, we can see a rising demand in the price of BSV. This might surely be a bubble which might burst soon so I would not personally go much deeper with BSV.
Manipulating the price of the coin and recruiting article writers this are the strategies used by Craig in other to gain the attention of inexperienced crypto investors.