Bitcoin Forks were profitable today - what happened?

[mrdeposit]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

Bsv always increases because of "great demand". Due to Faketoshi's unjustified efforts, there is a 35% increase in its price.
Besides, do not look for a reason for the increase in bch, this is the usual market situation. There were also increases in the prices of others other than forks. Did you notice ltc in the last 2 days? price increased by more than 20%.

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[btcdie]

Craig must have forged another document to prove that he is the real Satoshi and his bsv club believed him.
Roger must have increased the block size again and his bch gang became frantic.

You may not be so far from the truth!
Another idea could be that's a pump done by some whales as a preparation to exit those markets/coins.

Agree with your idea, starting from the beginning the coin is filled with manipulation. There is someone who is greedy, that is, he always wants to profit by any conditions. I'm sure the whales are starting to regret now because there is no significant growth and even the movements tend to be all fake. FUD and FOMO are the main composition in this coin to get profit. I think there are lots of projects out there with new technological innovations.

[alyssa85]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

These are just classic pumps. It's easier to pump these coins as they don't actually have a lot of volume.

When these pumps happen, use the opportunity to cash out your coins. That frees money up to invest in other more sustainable projects.

[judaspriest]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

I'm not interested in fork coins from bitcoin, I can't guarantee whether there's a future there, I'm clearly avoiding it, even though it's up 30% I'm still not interested, You surely know that there is no information why these two coins are PUMP

[puremage111]

Well it is very much manipulation there
Because all these BTC forks have kinda weak liquidity/order book (Except BCH but i still consider it weak)

Thus, it can easily push and also, easily dump too
Everything is 2 way

[betty11]

Maybe the major supporters of both coins decided to shill BCH and BSV, didn't see it coming should have bought to just take profit and not for a long term hold because when bitcoin becomes very aggressive in price growth, even forks will bow to pressure of the bitcoin.

[TheUltraElite]

These are just classic pumps. It's easier to pump these coins as they don't actually have a lot of volume.

Added on top is the cherry that they have a name that applies to the leader of all cryptocurrencies. That is what they thrive on and make themselves popular. You just need to confuse some noobs into thinking that you are the God here and sell them your shitcoins because they have bitcoin in their names. Those poor souls dont even know anything about what is the real bitcoin and they are being sold something that is a copycat.

When these pumps happen, use the opportunity to cash out your coins. That frees money up to invest in other more sustainable projects.

Its more like CSW or RV using the money to cash out their own and dump their shitforks. They are the ones who make the money and being exempted from fraud they are not being hunted by the law makers.

[timmmers]

Bitcoin SV 100% pump today! Now the market cappitalization of BSV is bigger than Bitcoin Cash ABC. Maybe Craig Wright is really the Satoshi what we are finding? 
For me this is the start of next bull market because when altcoins grow more than Bitcoin, market has the power for next growing cycle. 

[Aabcde]

It's just an ordinary and normal price increase, and then it will go down again.
Personally, I am very far from forks coins, for some reason I do not believe it because they are not projects that were built from the beginning but the results of previous projects. So I think it's just junk and doesn't deserve to be bought or stored.

[Finestream]

I am pretty sure it's another pump and dump for BSV, we've seen this many times but this one is bigger as BSV were able to achieve a new ATH in just a very short period of time, particularly this pump happening now.

according tho this article, it mentioned exit scam? lol

https://www.ccn.com/bitcoin-sv-doubles-in-24-hours-skeptics-cry-exit-scam/

[spangler]

Craig must have forged another document to prove that he is the real Satoshi and his bsv club believed him.
Roger must have increased the block size again and his bch gang became frantic.

I agree with you, but halving production also has some impact

[makishart]

Well it is very much manipulation there
Because all these BTC forks have kinda weak liquidity/order book (Except BCH but i still consider it weak)

Thus, it can easily push and also, easily dump too
Everything is 2 way

Only manipulation that has already made by faketoshi's friend and that's alreadyp planned since last month if this month they will create a pump to make those stupid people who are believing in faketoshi to put all of their money to the BSV pump.

It's not about liquidity but the fact that if all of the bitcoin fork coins have very weak fundamental as it's only a crap coin without a clear vision.

Bitcoin gold is a crap coin getting pumped by the manipulators too. Those people were shorting it will be trapped again.

[zhekinsp]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

Bitcoin even gained same amount of price for last 48 hours so the coins you are mentioning just raised because of bitcoin price hike.

What about the other forks like bitcoin gold and diamond! Is there a platinum?

[sjbi]

Cryptocurrency is unpredictable. So it is not that much easy what factors push coins' price increment. But the fact that forks were or are profitable is not convincing. Despite surging in price lately, Bitcoin Cash has remained below the ico price. So how can we say that bitcoin's fork is profitable? Good and strong team is behind a success story.

[huu78]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

There is a hike because most markets all come in the pump, I do not know for sure the mastermind behind this there is what news or still World War 3 news. Or just the popes who play on all altcoins and bitcoins.

[mahilchii]

"Fork" is always profitable, manipulation is the main cause for this because any one can do fork whenever they want. Making use of opportunities is a smart move to make good money from BCH, so I suggest to take this as a chance. Similarly BTC cannot be replaced by anyother coin, even if it gets older it will always remain as a king in crypto market.

[Ferris419]

Crypto market was pumping well yesterday, so Bitcoin Cash and BSV have grown up as normal, but the way both coins pumped, it's definitely manipulation by the whales or by the team ownself! I still can't believe BSV price has grown up at that high! In a week, it has grown up by 137%! This is absolutely manipulated but good for the holders who will sell now for sure!

[masterrex]

Hi, I see that Bitcoin Cash and Bitcoin SV grew today a lot. Bitcoin SV gained 35% profit today and Bitcoin Cash 15%, what happened?
I didn´t find any information connected to the today´s growth, maybe insider trading?

Cryptocurrency has full of surprises thats why its not a big deal anymore to me, daily or weekly trading price on each platform was changing as always others destined for pump while others destined for dump, that's how the market works, maybe its artificial or natural price movements and Bitcoin fork coins is not exempted with these, in the case of BSV and BCH pump i believe that its only temporary and eventually it will return to its previous price. since there is no convincing reasons to support the price rally at these time except those boring drama.

[naikturun]

I also can't be sure what made the increase so high like this, if it were of course people would think this was deliberately done by the team itself, because the increase didn't make sense.
this only pumps for a moment and soon the price will return to normal I think.

[leea-1334]

In fact,,, BSV gained over 100% from one point onwards and even cost more than BCH but this was all that could happen.

Craig the Pinocchio told everybody his magic courier arrived with the Bitcoin keys to 1 million BTC to prove he is satoshi nakamoto.

Yes the guy who says he is Satoshi gives his keys to Tulip Trust. If anyone still believes him the world is crazy.