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Author Topic: Roger Ver & Craig Wright effect  (Read 447 times)
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November 27, 2018, 08:25:53 PM
 #21

neither of them have dumped bitcoin but they were the reason for the dump and these two are different things that should not be confused.

we have had the drama and the war between these two altcoins over power and money in the past days which has been burning the whole market down as people panic sold their bitcoin and as whales started seeing this as an opportunity to crash the market and make profit from that crash. so we are left with this drop.


We can't know for a fact if they aren't or are in fact selling actual Bitcoin on exchanges in order to fund their altcoins. What I do know is that everyone involved in Bitcoin forks has massive egos and they don't like to lose, so what we have is two egomaniacs fighting for their project, and they may do something really stupid, like selling their BTC. This is how bankruptcies are typically filled.

Jihan has massive bags of BCHABC so he's on a really tricky situation: he has an incentive to pump BCHABC but by allocating hashrate he is missing on mining BTC which is becoming increasingly lucrative to do so as difficulty decreases so he could lose dominance.
What a mouthful has a rightful heir to their shitcoins kingdom not been declared yet? SV still has value or is it done yet? I'm over it.

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November 27, 2018, 09:40:44 PM
 #22

What a mouthful has a rightful heir to their shitcoins kingdom not been declared yet? SV still has value or is it done yet? I'm over it.
SV will follow the same path as BTG, which initially got pumped for a good couple of weeks, but later tanked to way lover levels. I put SV on the same level as BTG, because both suck and lack adoption.

BTG currently hovers around $18 per coin, and I expect SV to be worth close to that, maybe higher initially due to how much more hashrate it has and the buy support, but within a year it should be there. 0 utility coin it is.

I see it as yet another shitcoin making sure less liquidity remains in honest projects with a great idea behind them. Aside from a few coins, the whole crypto space is quite a disappointment.

No innovation. Even if there is potential for innovation, it can't survive because the capital here rather backs scam projects.....

 
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November 27, 2018, 10:48:33 PM
 #23

yes, they dumped BTC for the BCHABC and BCHSV battles, I found the topic in this forum, that BTC was a victim.

if the BTC price falls below $ 2000, the investor will move their assets to ETH or XRP.
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November 27, 2018, 11:04:30 PM
 #24

not only you, but everyone and other investors are also paranoid, even their actions have made the panic conditions, I am sure, that some investors who still hold BTC seem to be scared and panic, especially some investors who buy BTC at the end of 2017. it very disappointing.
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November 27, 2018, 11:40:20 PM
 #25

For me, Roger and Craig are very similar to scammers. I do not plan to invest in their coins. Their coins are very similar to deception and an attempt to deceive the community.
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November 27, 2018, 11:45:42 PM
 #26

Obviously that's  two man want to totally destroy bitcoin because both they want to promote their project to replace bitcoin as king of crypto but i still believe this trial attempt can't success, until people not give up to continue patronize bitcoin as king of crypto.

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November 28, 2018, 01:24:31 AM
 #27

both had destroyed the crypto community that was still a beginner, there was a smell of greed. I was disappointed that he used his assets to bring down the BTC price.
he should have built a lot of trust in bitcoin so that the market gave a positive response to all altcoins.

 
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November 28, 2018, 02:50:18 AM
 #28

What a mouthful has a rightful heir to their shitcoins kingdom not been declared yet? SV still has value or is it done yet? I'm over it.
SV will follow the same path as BTG, which initially got pumped for a good couple of weeks, but later tanked to way lover levels. I put SV on the same level as BTG, because both suck and lack adoption.

BTG currently hovers around $18 per coin, and I expect SV to be worth close to that, maybe higher initially due to how much more hashrate it has and the buy support, but within a year it should be there. 0 utility coin it is.

I see it as yet another shitcoin making sure less liquidity remains in honest projects with a great idea behind them. Aside from a few coins, the whole crypto space is quite a disappointment.

No innovation. Even if there is potential for innovation, it can't survive because the capital here rather backs scam projects.....

actually there is no difference between any of the forked coins! they are all the same, from BCH to BSV, BTG, BTX, BCD,... none of them have any innovation, no usage and if you take a look at their blockchains you can see none of them are being used since they all have near empty blocks!
it's just that some of them are advertised more so they get bigger pumps and have more bag holding fools and some of them don't know how to hype things up and pump so they don't go that high. i'd say BSV is somewhere in the middle.

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November 28, 2018, 05:43:23 AM
 #29

neither of them have dumped bitcoin but they were the reason for the dump and these two are different things that should not be confused.

we have had the drama and the war between these two altcoins over power and money in the past days which has been burning the whole market down as people panic sold their bitcoin and as whales started seeing this as an opportunity to crash the market and make profit from that crash. so we are left with this drop.
We can't know for a fact if they aren't or are in fact selling actual Bitcoin on exchanges in order to fund their altcoins. What I do know is that everyone involved in Bitcoin forks has massive egos and they don't like to lose, so what we have is two egomaniacs fighting for their project, and they may do something really stupid, like selling their BTC. This is how bankruptcies are typically filled.

that is true. but both of them can be considered "insiders" in case of this drop and since the "war" was planned to happen way before the bitcoin price drop and the drop was expected by them (specially CSW that was advertising for it too), I'd say it is safe to assume that if they sold bitcoin they did it prior to the drop to get the most amount of money out and lose nothing while price was stable so that they can fund their shitcoin fight and also have more money in case they wanted to buy back in the dip.
which means they did not actually "dump".

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November 28, 2018, 07:27:52 AM
 #30

yes, they dumped BTC for the BCHABC and BCHSV battles, I found the topic in this forum, that BTC was a victim.

if the BTC price falls below $ 2000, the investor will move their assets to ETH or XRP.

And a little more shit on the fan.

Bitcoin SV, the brainchild of Dr. Craig Wright backed by CoinGeek mining pool boss Calvin Ayre, surged circa 48 percent in a week. The new BSV ticker added as much as $2.21 billion to its market cap before correcting lower to $1.81 billion on Monday. In contrast, the rest of the top cryptocurrencies were red. Bitcoin ABC, which has gained rights over the Bitcoin Cash’s original ticker BCH, continues to trend lower. Its weekly price action has posted a 23.5% loss. Bitcoin, similarly, has erased $19.73 billion off its market cap, down 23.5% like BCH per weekly performance.
https://www.ccn.com/bitcoin-sv-joins-top-cryptocurrency-ranks-after-climbing-48-in-a-week/

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November 28, 2018, 07:38:59 AM
 #31

Out of principle, I ain't investing in those two coins because I don't like their leaders. They are alpha male megalomaniacs and narcissists to the point of oblivion. I prefer to invest in a coin like PundiX whose Leadership is mature in outlook and has no beef with others, wants to bring Bitcoin and Crypto into the mass adoption phase, than buy into coins run by a bunch of greedy rich kids. Sorry, but I am out of those even if they pump the sh8t to high heaven, I ain't buying into it. I know many people like to own and trade these coins, good luck to them, but I want to stay out of the mess these peeps created for the whole CMC. Their coins are a waste of space and capital.

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November 29, 2018, 03:30:57 AM
 #32

I feel the same way, I think the decline in the price of bitcoin now has something to do with their coin project BCH. Hopefully this doesn't have bad consequences for Bitcoin.
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November 29, 2018, 03:59:46 AM
 #33

I think not only you feel paranoid, but almost all investors panic with the market conditions like now, the result of what they have done, I'm sure investors who bought bitcoin at the end of 2017 were far more panicked, and surely the current conditions were very disappointing.
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November 29, 2018, 04:18:27 AM
 #34

yes, they dumped BTC for the BCHABC and BCHSV battles, I found the topic in this forum, that BTC was a victim.

if the BTC price falls below $ 2000, the investor will move their assets to ETH or XRP.

And a little more shit on the fan.

Bitcoin SV, the brainchild of Dr. Craig Wright backed by CoinGeek mining pool boss Calvin Ayre, surged circa 48 percent in a week. The new BSV ticker added as much as $2.21 billion to its market cap before correcting lower to $1.81 billion on Monday. In contrast, the rest of the top cryptocurrencies were red. Bitcoin ABC, which has gained rights over the Bitcoin Cash’s original ticker BCH, continues to trend lower. Its weekly price action has posted a 23.5% loss. Bitcoin, similarly, has erased $19.73 billion off its market cap, down 23.5% like BCH per weekly performance.
https://www.ccn.com/bitcoin-sv-joins-top-cryptocurrency-ranks-after-climbing-48-in-a-week/

this sounds so silly to someone who has ever spent at least 10 minutes watching the altcoin market and be in it. i mean 48% rise? are you kidding me Cheesy
it is pathetic when you think about the fact that it is an altcoin we are talking about and 48% is the size of its pump. normally the pumps of altcoins (on daily basis) is at least 100-200%. the shittier they are the bigger their pumps and BSV is the king of shitcoins right now. and by the way these pumps are happening every day but the "media" never covers any of them so people never remember them.

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November 29, 2018, 06:03:32 AM
 #35

Get out the popcorn and watch, "The Clash of the Scammers" on social media near you.  Grin

You have two people with massive egos and too much money, fighting for the Alpha dog position in the Alt coin scene. They know Bitcoin is the top dog, so they fighting over the spoils in the Alt coin scene.  Grin

Hopefully they are going to burn a lot of money to prove a point or to win a argument, to be the top dog on the yard and the real Bitcoin can continue with it's own goals. <without all the noise coming from those two bagpipes>  Tongue

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November 29, 2018, 10:17:52 AM
 #36

Get out the popcorn and watch, "The Clash of the Scammers" on social media near you.  Grin

You have two people with massive egos and too much money, fighting for the Alpha dog position in the Alt coin scene. They know Bitcoin is the top dog, so they fighting over the spoils in the Alt coin scene.  Grin

Hopefully they are going to burn a lot of money to prove a point or to win a argument, to be the top dog on the yard and the real Bitcoin can continue with it's own goals. <without all the noise coming from those two bagpipes>  Tongue
Yes it is entertaining but it also is a good field test (and it comes for free for bitcoin) of some theories behind how the big blocks would behave in practice. Example: the recent 2 block reorg in BCH SV blockchain. It was only theory - until it happened, because of the blocks being too large to be sustainable.
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