Is BSV a bubble ?

[seleme]

Yeah...I have BSV and BCH on legacy wallets...I should soon move that stuff off..pay the cap gains and put it into BTC Core...I have little hope for either of them.

I am also thinking the same to sell off if the price rallies again and convert them to bitcoin and wait for the huge rally, considering the way in which the speculation market moves i do not mind which one is giving me the maximum profit as all the coins in the market goes through the same bubble and hence you cannot blame any particular coin for the bubble, we see huge bubble in bitcoin when the market rises and as investors we do not mind in having the profit and so is the case with the rest of the coins, but as an investor you need to be aware of the potential of the coin before investing and not jump into any coin thinking it can give you the profit.

Even the BCH and BSV bag holders don't believe the true Satoshi vision and they have bought the mentioned coins for converting the profit to BTC. In another word, the small pumps on such coins mean the BTC airdrop in their wallet. The chasing pump is the old habit of inexperienced investors and they usually fail to the market whales.

[1715225249]

1715225249

[arbifahrozy]

too many changes recently, but i know so far, BSV just a clone, and we know exactly about clone future,going to be nothing. a good news,for short trading , it will be giving a quite profit based on my knowledge.

[VanDeinsberg12]

too many changes recently, but i know so far, BSV just a clone, and we know exactly about clone future,going to be nothing. a good news,for short trading , it will be giving a quite profit based on my knowledge.

It's not just a clone but it's a scam coin that has been made with the real purpose to scam the newcomers. There was no even a good news for this coin and a lot of people have create accusation if this coin is fully manipulated by various scam exchange sites that has affiliated with the insider from BSV. The liquidity is very low compared with BCH.
This scam coin will be only giving profit for the insider and the newcomers will be always become a party who will be the loosers. This is just like a trap coin that created by scammer.

[hello_good_sir]

If this is not a bubble then I don't know what is, honestly.

It is not only a bubble but a bubble that is based on fallacies, fabrications, and just outright lies. I don't know any other altcoin in the top 10 that is not a bitcoin fork that is this morally corrupt when it comes to their principles.

Anyhow, in the long run the performance of BSV will regress to its mean, which is its value based on fundamentals. It may be a good time to short at the end of the day if you're into derivatives trading.

[adroitful_one]

I wouldn't even really call it a bubble. More along the lines of artificial inflation due to manipulation and lies. I don't think it will ever "pop" completely. It will always have sort of value. I'm sure a lot of people will begin to get fed up with all the stupid stuff going on and quit investing in the coin after a while. This will cause the price to crash pretty hard. If it doesn't happen before then.

[redsun114]

BSV has been bubble from the start of day 1 of its existence. First of all it wasn't even suppose to happen at all, people forget that Craig lost and BSV is the result of his loss and not something even he himself wanted to have. He wanted to take over BCH and that is why he went against Roger Ver and Jihan Wu which resulted in the reality that Craig only has certain amount of money he could use at his expense whereas miners literally tripled bitcoins mining power for BCH in order to keep it, that is how powerful they are.

So, Craig decided that while he is not getting in charge of BCH, he might as well build a BSV coin that could do what he wanted for BCH itself, that is what BSV is all about, Craig losing and deciding to get his own coin instead of BCH. How could you expect such coin to be ever successful to begin with.

[puremage111]

No future imo
BSV Is just so sketchy

And yes, its a bubble but tons of people are gambling on it because they wanted to proof Craig is the real satoshi (Which is likely a fraud/lies) yet anything is possible, thus people gambles on it

[riso2015]

If this is not a bubble then I don't know what is, honestly.

It is not only a bubble but a bubble that is based on fallacies, fabrications, and just outright lies. I don't know any other altcoin in the top 10 that is not a bitcoin fork that is this morally corrupt when it comes to their principles.

Anyhow, in the long run the performance of BSV will regress to its mean, which is its value based on fundamentals. It may be a good time to short at the end of the day if you're into derivatives trading.

Yeah I totally agree, This is just a bubble that will erupt whenever they want, it is very risky if we buy BSV at a time like this. I checked in coinmarketcap the price of BSV has dropped to $ 284 from the highest price of $ 441 on January 14, 2020. And I'm sure the price will continue to plummet again.

[cryptothreads]

too many changes recently, but i know so far, BSV just a clone, and we know exactly about clone future,going to be nothing. a good news,for short trading , it will be giving a quite profit based on my knowledge.

BSV is coin that is very easy to manipulate and in recent times, this coin has constantly fluctuated greatly, making me very surprised. I think BSV is already too high compared to reality and also dropped very quickly when the market began to adjust.

In my opinion, don't invest because the risk is too great and if you do not believe me, that coin will directly affect your profits.

[Barbut]

Yesterday BSV was down for more than 15%, today BSV is 8% down. Clearly it was a pump and dump! This correction will place BSV where it belongs. I don't know much about BSV except that Graig Wright is behind BSV. He is telling everywhere that his BSV is the real Bitcoin. He has supporters and enemies as BSV has! Is it a bubble, Ponzi scheme, or a real project with long term potential just time will tell!

[Genemind]

I just don't have much trust for BSV because of its creator's controversy. I know that they're just manipulating it because he wants to prove something. Instead of taking the risks of investing with Bsv, I think it will be better if we'll just invest in top coins like Btc and Eth.

[procoiner20]

BSV recently seen growth of more than 100% in one day
but not have enough liquidity.
many exchanges already delisted long time ago,
Is there any future of BSV?

Simply put, it is an obvious hoax worthless forked coin.

[Oilacris]

If this is not a bubble then I don't know what is, honestly.

It is not only a bubble but a bubble that is based on fallacies, fabrications, and just outright lies. I don't know any other altcoin in the top 10 that is not a bitcoin fork that is this morally corrupt when it comes to their principles.

Anyhow, in the long run the performance of BSV will regress to its mean, which is its value based on fundamentals. It may be a good time to short at the end of the day if you're into derivatives trading.

Yeah I totally agree, This is just a bubble that will erupt whenever they want, it is very risky if we buy BSV at a time like this. I checked in coinmarketcap the price of BSV has dropped to $ 284 from the highest price of $ 441 on January 14, 2020. And I'm sure the price will continue to plummet again.

This isnt only applicable for BSV but on all coins in the market as well.No matter how shitty BSV is, people would still dive in just to make money.
Unlucky for those people who bought when the price is hyping up,for sure they would really end up on holding their coin until the price would rise up again.
As usual, price do dump after the market been already done on some pumping.Decline of price would always comes next and wondering why people do really
get hooked with fomo.

[bitgov]

I just don't have much trust for BSV because of its creator's controversy. I know that they're just manipulating it because he wants to prove something. Instead of taking the risks of investing with Bsv, I think it will be better if we'll just invest in top coins like Btc and Eth.

Of course it was just manipulation. Everyone saw that behavior of the BSV price did not have the slightest impact on the BTC price.
I think Mr. Craig Wright wanted to earn that way to cover the cost of the trial with Ira Kleiman.

[AjithBtc]

I just don't have much trust for BSV because of its creator's controversy. I know that they're just manipulating it because he wants to prove something. Instead of taking the risks of investing with Bsv, I think it will be better if we'll just invest in top coins like Btc and Eth.

Agreed, at the same time one can consider investing on BSV for short term profiting. The growth and the market fluctuation of BSV is taking place in large scale in a much shorter time. Controversies were common with cryptocurrencies, now this is happening with BSV. Everyone get into the market to profit out of it, same is the mentality of Graig. From our side of the market is supportive just make use of it.

[deathcode]

I just don't have much trust for BSV because of its creator's controversy. I know that they're just manipulating it because he wants to prove something. Instead of taking the risks of investing with Bsv, I think it will be better if we'll just invest in top coins like Btc and Eth.

Of course it was just manipulation. Everyone saw that behavior of the BSV price did not have the slightest impact on the BTC price.
I think Mr. Craig Wright wanted to earn that way to cover the cost of the trial with Ira Kleiman.

many people are not sure of the movements shown by BSV, also about this asset. despite the increase that made people a little interested and sees what happened, I think there are still many people who will not trust this asset.

[Hamphser]

I just don't have much trust for BSV because of its creator's controversy. I know that they're just manipulating it because he wants to prove something. Instead of taking the risks of investing with Bsv, I think it will be better if we'll just invest in top coins like Btc and Eth.

Of course it was just manipulation. Everyone saw that behavior of the BSV price did not have the slightest impact on the BTC price.
I think Mr. Craig Wright wanted to earn that way to cover the cost of the trial with Ira Kleiman.

many people are not sure of the movements shown by BSV, also about this asset. despite the increase that made people a little interested and sees what happened, I think there are still many people who will not trust this asset.

They shouldn't trust it because the owner of that coin is already untrustworthy, why people have to believe every movement of that coin made when in fact it's clear that everything on that coin is just purely manipulation. If you guys want a trusted crypto asset you should just directly invest in bitcoin or ETH if possible.

[YinShuiSiYuan]

Craig makes the whole philosophy and assumptions of decentralization and Satoshi's work go to waste. By manipulating the market, he made BSV a money-making machine. After what happened, all exchanges should automatically ban BSV and make it go to hell with Craigh.

[TopT3ns]

Craig makes the whole philosophy and assumptions of decentralization and Satoshi's work go to waste. By manipulating the market, he made BSV a money-making machine. After what happened, all exchanges should automatically ban BSV and make it go to hell with Craigh.

only with the statement of craig and the support of the investors who are on his side to make himself more expensive the price I am sure they formed a team to be able to influence the new traders who aim to make a lot of new entry into Bitcoin SV and become its supporters, while Bitcoin SV can be called a buble because it can explode at any time.

[Ken_terrance]

Might be manipulation, who knows? But even if BSV is good and just looking bad the CEO is not helping at all, he is making everything suspicious with his stupid mouth and trying to ruin bitcoin which is never going to happen, i don't trust someone who does such