Bitcoin Tide Lifting All Altcoins Boats

[cryptozink]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

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[Patrix_1]

This was just a normal market reaction, but if you look deeper, while BTC was raising for almost 30 percent, the most popular altcoins like ETH, BCH or LTC added slightly above 10 percent. Furthermore, put your fingers away from BSV, it is a very suspicious coin.

[sunsilk]

Don't look for some reasons on why is it like that. The market is very shaky and everything can be done within any period.

This was just a normal market reaction, but if you look deeper, while BTC was raising for almost 30 percent, the most popular altcoins like ETH, BCH or LTC added slightly above 10 percent. Furthermore, put your fingers away from BSV, it is a very suspicious coin.

Yeah, that's a good observation and true. While bitcoin has been performing well, these altcoins are also moving up and keeping themselves together with bitcoin. I reckon that you don't get into BSV if you want to save your money.

[CjMapope]

nice to hear the general sentiment is BSV is no bueno
it moved +6% again today, not too bad, imo tho it does so as it can, meaning less people are invested so its easier to move around price wise

[NathanJB]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

I have no idea. Perhaps it is being pumped by the loyal supporters of Bitcoin SV to send the message to the crypto community that they are the real Bitcoin and when Bitcoin is pumping their coin will also be pumping. Or perhaps because there are many people who are falling to their trap believing that it is the real Bitcoin, made some purchase of Bitcoin SV, and ended up realizing that their Bitcoin is not the real Bitcoin because there is an SV at the end of it.

[cryptozink]

I don't touch BSV, but it's always doing good when Bitcoin's doing bad. You forgot Ripple's XRP on that list.

This was just a normal market reaction, but if you look deeper, while BTC was raising for almost 30 percent, the most popular altcoins like ETH, BCH or LTC added slightly above 10 percent. Furthermore, put your fingers away from BSV, it is a very suspicious coin.

[ecnalubma]

I think supporters are just trying to secure positions and taking advantage while BTC was high at that moment, lets asume that these BSV holders are also BTC holders probably they are sticking around if the Bitcoin is making a major move and move independently during negatives.

[TanakabZX]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Its just normal market reaction to me, few new coins added big value when bitcoin did the 32% recovery days back, it shows that if bitcoin manages to reach a new All Time High then altcoins will surely benefits, instead of BSV i think bitcoincash is way better

[ePesoInitiative]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

I don't see any tide lifting bags of altcoins. So far, altcoins only partially recovered like 25% from the crash of October 25. This is a normal fluctuation of price action. A real tide lifting event would be breaking old price resistance, especially the weekly ones.

[Doell]

trader strategy is like that its normal for me but if you start to take some bsv Iam not sure it will benefit to you ,this game trader there is very hard and the group is also very agile when growing value so my advice should be cautious if there is anything suspicious ,but that's all up to you if you believe you will succeed there

[mindrust]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Small marketcap shitcoin which you can manipulate to any direction you want. Especially when you are a billionaire like Calvin Ayre. If you are buying any of these pumps you deserve to get burned by Ayre.

[AliMan]

trader strategy is like that its normal for me but if you start to take some bsv Iam not sure it will benefit to you ,this game trader there is very hard and the group is also very agile when growing value so my advice should be cautious if there is anything suspicious ,but that's all up to you if you believe you will succeed there

That's only a matter of time when we see good market for our holdings, then we must sell our asset and make that as final decision. Indeed we need to be careful on what moves we applied here on unpredictable market, because failure of handling it well tends to put your profit in danger. Meaning if your risk on something you're not certain with, it's a 50/50 chances of reaching our goals successfully.

[Reatim]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Of course pump and dump,in short it’s a bull trap lol,what good can we expect from that bitcoin fork?and being owned by Craig Wright ?i wonder what can be the sentiment of the investors who bought that day ,for sure they are regretting what action they made

I don’t wanna be harsher but shitcoin like this has no future and don’t even deserved to be invested,how can we trust such coin if the owner doesn’t deserved to be trusted?sorry but that’s a luring strategy from a desperate project

[slaman29]

nice to hear the general sentiment is BSV is no bueno
it moved +6% again today, not too bad, imo tho it does so as it can, meaning less people are invested so its easier to move around price wise

When has general sentiment ever been bueno for BSV? Haha. OK except when it's artificially pumped and shilled, but that's all temporary and affects all altcoins in general. Just doesn't even work much for BSV.

What irks me is that even with such a shitty price, they still made millions from the useless fork. They'll milk it so much and until it can't be milked no more.

[albrots]

BSV is just a junk coin that blackmails its investors. Doing a BCH hardfork just to take as much profit as possible.
BSV was even delisted by Binance because of the attitude of Craig Wright who declared himself as Satoshi Nakamoto (inventor of Bitcoin). Craig Wright is also called a con man by many people because of his claim. Anyone who opposes the claim will be legally sued. very crazy. I have never touched BSV after knowing this.

[Yaunfitda]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Just the usual pump and dump of BSV, remember that the people behind that coin has some shady behavior in the past so don't be surprised if the price is pumping so hard right now.

Before it was BCH who got that so called "fame" of being the fastest pump coins, but it seems that BSV has taken the crown. Don't you worry, after that rise, eventually it will come down again. If you wanted to join the ride, you can do it as long as you know when to exit.

[adroitful_one]

BSV is just a junk coin that blackmails its investors. Doing a BCH hardfork just to take as much profit as possible.
BSV was even delisted by Binance because of the attitude of Craig Wright who declared himself as Satoshi Nakamoto (inventor of Bitcoin). Craig Wright is also called a con man by many people because of his claim. Anyone who opposes the claim will be legally sued. very crazy. I have never touched BSV after knowing this.

I never even thought about investing into it as soon as I found out Craig Wright was involved. You can take one look at that dude and see how full of crap he is. I figured that the project was doomed from the start with all the stuff he had going on. He's just all around shady. That's why that court told him he had to pay $4 billion in Bitcoin to the Kleiman estate. Don't trust that dude.

[Pearls Before Swine]

Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

No idea why, but this can and does happen.  I was looking at the chart for dash the other day and there was a period where it was gaining in value independently of bitcoin at some point in 2017.  How does that happen?  People were obviously buying a lot of dash and not as many were selling it.  That can and did drive up the price of dash in terms of bitcoin *and* in terms of fiat.  Most of the time alts increase only in terms of fiat when bitcoin lifts their boats (excellent analogy).

I never even thought about investing into it as soon as I found out Craig Wright was involved. You can take one look at that dude and see how full of crap he is.

I generally don't judge someone on looks alone, but in this case I agree with you 100%.  Why is it that most of the colorful personalities in crypto are so full of shit?

[NathanJB]

BSV is just a junk coin that blackmails its investors. Doing a BCH hardfork just to take as much profit as possible.
BSV was even delisted by Binance because of the attitude of Craig Wright who declared himself as Satoshi Nakamoto (inventor of Bitcoin). Craig Wright is also called a con man by many people because of his claim. Anyone who opposes the claim will be legally sued. very crazy. I have never touched BSV after knowing this.

I never even thought about investing into it as soon as I found out Craig Wright was involved. You can take one look at that dude and see how full of crap he is. I figured that the project was doomed from the start with all the stuff he had going on. He's just all around shady. That's why that court told him he had to pay $4 billion in Bitcoin to the Kleiman estate. Don't trust that dude.

Craig Wright is not only involved with Bitcoin SV. He is the center of Bitcoin SV. If the apple is rotten at the core, there is no way it will retain its glow. Look at how foolish Craig Wright appears to the crypto community. He looks desperate and like a kid who is short of attention. Does anybody think the real Satoshi is as desperate for attention as this man? What will you expect then from the project this man is owning? I am even wondering why Bitcoin SV is still in the top 10 when it is clearly a shitcoin.

[carlfebz2]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Small marketcap shitcoin which you can manipulate to any direction you want. Especially when you are a billionaire like Calvin Ayre. If you are buying any of these pumps you deserve to get burned by Ayre.

For small volume shit coins then its just really easy for these coins to be easily get pumped.For top alts they do usually go along with Bitcoins price but only
on small gains or percentage and unknown or not so popular coins will always be possibly be on top gainers of that specific time.
Bitcoins price movement doesnt correlate anytime with altcoin prices so its better not to rely into this presumption.Talking about BSV?
Pump or Dump - i dont really care at all.