Is someone really behind the Bitcoin SV pump?

[slaman29]

A Reddit user suggested there may be someone behind the Bitcoin SV pump.

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

Doesn't need a genius to figure out that SV is all about pumps. Only 2 main miner groups, belonging to or supported by the same person we all know. The same person who's using the fork money to fund his court cases now and his copyright costs.

Of course it's more than coincidental. Did you arrive in crypto yesterday?

[arjuna BTC]

A Reddit user suggested there may be someone behind the Bitcoin SV pump.

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

definitely yes, and for sure craig wright is behind this pump on BitcoinSV
i don't really think if bitcoinSV could growing more after the pump buddy

[MirkoIta]

I really don't know, I suppose the usual pampers are coming back in full force in this BSV pamp, let's hope they will push it very high before leaving for some other sh*tcoin... now 105$

[IvugeoEvolutionCoin]

Definitely, for every pump or dump in cryptocurrency, there is definitely a news behind it. This is the concept of traders fundamental analysis. BSV pump was aa a result of the US court granting rights to Craig Wright as the founder of bitcoin (Satoshi Nakamoto).

[MirkoIta]

Definitely, for every pump or dump in cryptocurrency, there is definitely a news behind it. This is the concept of traders fundamental analysis. BSV pump was aa a result of the US court granting rights to Craig Wright as the founder of bitcoin (Satoshi Nakamoto).

That's already old news to be honest, for sure someone is buying and that's why the price rise. There is surely less liquidity since it's not on kraken and binance anymore so it only takes "little" money for the price to move a lot.

[IvugeoEvolutionCoin]

Definitely, for every pump or dump in cryptocurrency, there is definitely a news behind it. This is the concept of traders fundamental analysis. BSV pump was aa a result of the US court granting rights to Craig Wright as the founder of bitcoin (Satoshi Nakamoto).

That's already old news to be honest, for sure someone is buying and that's why the price rise. There is surely less liquidity since it's not on kraken and binance anymore so it only takes "little" money for the price to move a lot.

I sincerely don't agree with you on this my friend (concerning liquidity and exchange). When Binance and Kraken delisted, it traded at $52 but BSV has done x2 since then with $400m trade volume. Currently, it trades excellently on these exchanges Huobi, OKEx, Poloniex, Bittrex, Bithumb, DigiFinex, Upbit, Kucoin, Bibox and so on

[rodel caling]

It's obvious nothing doubt the man behind bitcoin SV is mr. Craig Wright the founder, yes bitcoin SV was in good signal in the coin market cap pumping their price since Mr. Craig wright claiming he is satishi hehe lol.

[uneng]

It's obvious nothing doubt the man behind bitcoin SV is mr. Craig Wright the founder, yes bitcoin SV was in good signal in the coin market cap pumping their price since Mr. Craig wright claiming he is satishi hehe lol.

It's clear it was a coordinated movement: to *proove* he was Satoshi Nakamoto and right after pump bitcoin sv, to show how crypto community received these news positively. The document doesn't have any value, as it doesn't mean he is the real creator of btc, so I guess the main goal behind all this theater was to pump bitcoin sv for a moment. Of course the moment is opportune (probably purposely), as he got the bull run to boost his currency even more.

[guoyu78]

Definitely, for every pump or dump in cryptocurrency, there is definitely a news behind it. This is the concept of traders fundamental analysis. BSV pump was aa a result of the US court granting rights to Craig Wright as the founder of bitcoin (Satoshi Nakamoto).

Are you serious about this or you are just assuming because I have not read about this anywhere, and we would have loved if you could share the source of this news with the house, because I would not want to believe that US court will even recognize this case of Craig in the first instance since they are not reckoning yet with the cryptocurrency technology.

So why would they then recognize him as Satoshi, if this really happened, then I am serious suspecting us playing a game. We still have sec there struggling to get the ETF approval and now you are saying court could easily rule in favor of Craig as him being satoshi?

[Red-Apple]

generally speaking whenever a shitcoin rises in price, there is always someone behind that rise aka pump. otherwise they can never go up in first place because no investor in their right mind is ever buying shitcoins.

now lets review the case of shitcoin called BSV.
Craig Wright has been scamming people for a while now. he has been using Satoshi's name and his lies to fool people into buying his shitcoin and take their money and become rich. a couple of months ago he paid a small fee to submit an arbitrary copyright claim that the copyright office don't even check and it will always remain a "claim" not a confirmed one.
at that time big exchanges were removing this shitcoin so the time for pump was not right so he waited until the big dumps ended and paid the news sites to release the fake news with a fake but hyped up title saying "US government has accepted CW as Satoshi" then they started pumping the shitcoin hard.
meanwhile any day trader who has been around sees this hype and sees the pump so they join in because they all want profit so the pump becomes big.

now we are starting to see the dumping side as they all cash out and leave the newbies to their losses.

[MirkoIta]

By looking at the list of apps and services that people are building on the BSV blockchain I would say this could be something more than just a pump.

https://bitcoinsv.io/services/ 

Also today the release of Tokenized protocol which could be huge if widely used.

https://tokenized.com/

[Supercrypt]

Someone behind BSV pump or not, I would not invest in a coin that is being controlled and manipulated from time to time and I am sure Craig would be among people manipulating the market to create FOMO buy for him to later dump the coin on the market. BSV is just a time bomb that will soon explode and investors really need to be careful with their investment.

I had my investment in BSV before but the moment I realized that this coin is really not a reliable one, I had to pull my funds out into bitcoin. Very soon, we might see a major dump in its value as It has been over bought already.

[ballerin and giroud]

I guess so, someone or some people can do this so as will give a drastically up and made everyone who sees it did a same thing. That's common things in the cryptocurrency price, every investo will see some coin that got pumped and they will buy it because the profit thing.

[tippytoes]

Someone behind BSV pump or not, I would not invest in a coin that is being controlled and manipulated from time to time and I am sure Craig would be among people manipulating the market to create FOMO buy for him to later dump the coin on the market. BSV is just a time bomb that will soon explode and investors really need to be careful with their investment.

I had my investment in BSV before but the moment I realized that this coin is really not a reliable one, I had to pull my funds out into bitcoin. Very soon, we might see a major dump in its value as It has been over bought already.

I guess you had your smart move on this one. Where can we use BSV? It is not even comparable to bitcoin. And Wright is saying that bitcoin will be dead??? I bet, BSV will have that fate and not btc. And yes, someone or him is behind this pump. Give it some time and this will plummet like no other.

[justspare]

generally speaking whenever a shitcoin rises in price, there is always someone behind that rise aka pump. otherwise they can never go up in first place because no investor in their right mind is ever buying shitcoins.

now lets review the case of shitcoin called BSV.
Craig Wright has been scamming people for a while now. he has been using Satoshi's name and his lies to fool people into buying his shitcoin and take their money and become rich. a couple of months ago he paid a small fee to submit an arbitrary copyright claim that the copyright office don't even check and it will always remain a "claim" not a confirmed one.
at that time big exchanges were removing this shitcoin so the time for pump was not right so he waited until the big dumps ended and paid the news sites to release the fake news with a fake but hyped up title saying "US government has accepted CW as Satoshi" then they started pumping the shitcoin hard.
meanwhile any day trader who has been around sees this hype and sees the pump so they join in because they all want profit so the pump becomes big.

now we are starting to see the dumping side as they all cash out and leave the newbies to their losses.

I blame it on those investors too who are greedy and unserious to have believed that bitcoin is good for a long term investment, it is not a bad idea to actually invest in a shitcoin, but one has to be wise, the reason why some people invest in shitcoin, despite their awareness of it being shitcoin, is because they also want to benefit from the pump whales do.

Once they see any pump, they are so fast ahead of the whales too to start cashing out, in that way, they have not lost anything rather than gain. So newbies who are investing in some of these unreliable coins should try as much as possible to always use their head to play the game and not their heart.

[MirkoIta]

Well, this "pump and dump" moved BSV price from a low of ~90$ and is actually keeping it well above 100$ in the past 2 days (120$ right now). Besides the pump I would keep an eye on the CoinGeek conference on 29/30 May since businesses and devs partecipating will probably annunce many things being built on Bitcoin SV blockchain. Whoever interested to find out what's happening, they will be live streaming the event on vimeo.

https://vimeo.com/user92270173

[raven7886]

A Reddit user suggested there may be someone behind the Bitcoin SV pump.

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

Craig tries to manipulate us by trying to make us believe he is the real Satoshi Nakamoto so I have this belief and I think most of us here that there is manipulation going on with their volume, their group could have the biggest stake in the supply, this is going to be a long battle between Craig and his own version of Bitcoin and our community.

Who still pays attention to that one, everyone knows that he is just a joker who has been using all manner of lies to pump bsv and I don’t know why we have some investors that are not so smart and still investing in this coin that will soon be dumped on them.

I don’t see any real life use of this coin to me and those his group knows it already which is why they have connived to just use fake news to increase its value, or also pump the price so that investors can start investing, but I wish some investor can really deal with them by dumping their coins before they do so that the value can drop lower for their investment to become useless.

[Kasabus]

Well, in any coins if it pump hard, there should be someone who is beyond that pump, but the problem is we don't know, we just like to call them as whales. That's the nature of the market already, one news, things are hype, then the whales will enter and pump it, of course people will buy the FOMO.

[uray]

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

The real reason for the pump is because of the drama created by Craig Wright and his copyright filing of the bitcoin white paper and that is the reason the price pumped for Bitcoin SV in the past few days and possibility it will keep on moving higher in the future and it all depends upon what kind of drama they will be coming up in the future. Investors will jump into anything if they think that they can earn some profit and that is what we see in the price rise too.

[RapTarX]

A Reddit user suggested there may be someone behind the Bitcoin SV pump.

Personally...IMO this does look a bit coincidental... I think 99% agree there was someone behind it but I've heard as many names as there are Bitcoin SV supporters so....

Is there someone behind the SV pump? And do you think it'll fly?

The supporters are the people behind the pump of BSV and they are limited. That's why BSV is called centralized and I don't like it at all. I don't think anyone should have bought this. Binance wouldn't delist if it was a good one. Better stay far away.