Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

[Slow death]

Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

My question is:

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

[posi]

Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

The drop is reasonable because the coin was manipulated a couple of days back right after Craig admitted to the court demand.

What comes next?

The coin will precisely vaporize if Craig cant provide genuine evidence.

How much Bitcoins SV will fall in the future?

95% i guess

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

Those that invested in the coin will definitely lost at least 98% of their but i believe the reason why some people still believe in coin is because Craig was still able to convince them through some of his lies while some are into the coin to gain some quick profit.

[cabron]

Not surprising to see BSV will be dumped since its all built in lie. -40% is not the bottom of it so if CW can't prove that he had the keys to the BTC addresses he claimed to be satoshis and he has the control of it, its going to drag all its investors down.  I was also tempted since its pumping for days but
 if you have it still dump it before its too late.

[NeuroticFish]

The drop is reasonable because the coin was manipulated a couple of days back right after Craig admitted to the court demand.

After that manipulation and with this kind of news, the drop is not even big. Yet.

What comes next?

The coin will precisely vaporize if Craig cant provide genuine evidence.

Actually I won't be surprised if CSW would pull out of the hat another "evidence", maybe after the lawsuit ends. It's the way he operated in the last few years, I don't expect him to stop.

[tabas]

Manipulation and FOMO has combined.

Why people still believe in Bitcoin SV?

They don't believe in it but they have bought at the top thinking that they'll ever make money out of it. But it seems that they are the ones that trapped inside of it and has no choice but to cut their losses.

[Kyraishi]

I shorted BSV when it was at $400+ but I cashed out my position at around $340, a shame because I would have made double the profit if I had been more patient

I think that there will still be demand for BSV just because there are going to continue to be a few braindead believers of CSW that will continue to suck up whatever he tells them to do. And don't doubt that CSW will take advantage of this. He's more of a manufacturer of fake news than John McAfee.

A regression to the fundamentals is imminent, and it's only a matter of time before prices for BSV completely collapse.

[TimeTeller]

The drop is reasonable because the coin was manipulated a couple of days back right after Craig admitted to the court demand.

After that manipulation and with this kind of news, the drop is not even big. Yet.

What comes next?

The coin will precisely vaporize if Craig cant provide genuine evidence.

Actually I won't be surprised if CSW would pull out of the hat another "evidence", maybe after the lawsuit ends. It's the way he operated in the last few years, I don't expect him to stop.

Expect another stunt on the way. He will put up another drama that will make people talk about BSV.
His game is not yet over but he is a real shame in crypto.
People do not believe him anymore but they keep on jumping the bandwagon to make profit out of it.

Manipulation and FOMO has combined.

Why people still believe in Bitcoin SV?

They don't believe in it but they have bought at the top thinking that they'll ever make money out of it. But it seems that they are the ones that trapped inside of it and has no choice but to cut their losses.

Exactly! With all the lies that he had been throwing to the community, I don't think people are believing his stunts anymore.
Most of them are involved in BSV hoping that they will make good profit out of it.
But I don't think, they believe BSV to be a usable alt and have a long term value in it.

[adroitful_one]

I don't think this really comes as a shock to anyone. It seems to me like they(the lawyers) probably sent out that story about the private keys in order to make a bit of extra cash. Would be fairly easy to do with no consequences. I really don't think it would matter even if Craig Wright had those keys he claims he has. I still think the coin would eventually correct down to what it realistically should be trading at after all the hype died down.

[ecnalubma]

Probably the recent pump was orchestrated and those people know what will happen next after the “no key” announcement. Well with that kind of behaviour I will not wonder if BSV will go to zero one day.

[alan2here]

Probably the recent pump was orchestrated and those people know what will happen next after the “no key” announcement. Well with that kind of behaviour I will not wonder if BSV will go to zero one day.

BSV is a risky coin if you choose to invest and a lot of different opinions when it comes to this coin because surely BSV is clearly manipulated. If you sold this coin a few days ago, you would have made a huge profit but if you still held it, you would definitely have a huge loss in investment. Personally, I never chose these coins because even a small adjustment made my assets quickly decline.

However, you can still buy back at cheap prices and wait for new price increases because this year the market will be very volatile. I sure altcoin season will soon return and you will have many new investment options.

[naikturun]

because it was a planned pumping scenario I guess it could go down right before it went up or even worse, down more than before.
for those who buy in the range of $ 400 have experienced quite a lot of losses you should do CL before it gets worse.
I don't know why people still believe it but it is a good place to take advantage in a short time if a pump like this happens again and yes of course with great risk too.

[bassbity]

BSV currently continues to fall by almost half, maybe BSV is no longer trusted by investors because craig wright does not have a private key and they will not believe about it.
BSV will not last as other coins might have been in yesterday's pumping by someone so that there were a lot of people so that demand increased and now market demand fell for BSV.

[styca]

The real question is why would anyone ever believe CW ? The fact that this shitcoin rose at all is just ridiculous, and its fall is absolutely no surprise to anyone. I just hope the momentum it has given to the good alts remains, and bsv doesn't trigger drops in better coins.

[pajak666]

Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

My question is:

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

More falls come next How unsuspected, liar lied... BSV will hit the ground as people will finally realize how retarded this whole drama is. Why would anyone serious put half a brain to this matter? And "invest" in something so scammy like this guy's product. It is sad that this is happening AGAIN after so many similar abuses in crypto world before and it feels like nobody can stop it. Guy comes out to tv, lies in your face, profits on these lies at the cost of average Joes and nobody is able to do anything about it...

[inanilujimi]

The real question is why would anyone ever believe CW ? The fact that this shitcoin rose at all is just ridiculous, and its fall is absolutely no surprise to anyone. I just hope the momentum it has given to the good alts remains, and bsv doesn't trigger drops in better coins.

people don't believe in CW but just want to try their luck on the hype they make.
nothing more can be expected from BSV for what is happening now we will see a new ground floor in a few days.

[CaVO32]

The real question is why would anyone ever believe CW ? The fact that this shitcoin rose at all is just ridiculous, and its fall is absolutely no surprise to anyone. I just hope the momentum it has given to the good alts remains, and bsv doesn't trigger drops in better coins.

people don't believe in CW but just want to try their luck on the hype they make.
nothing more can be expected from BSV for what is happening now we will see a new ground floor in a few days.

honestly, i really don't believe that BSV will have a bright future as it is taking advantage only of the fud, drama and other stunts surrounding this alt. traders are jumping the bandwagon with only interest of gaining profit but for long term investments, i don't think so. now that it is out, that CW has no access to those billion dollar funds, i hope people should stop talking about him. because he feels important that media is covering him, whatever his actions are.

[mrdeposit]

The real question is why would anyone ever believe CW ? The fact that this shitcoin rose at all is just ridiculous, and its fall is absolutely no surprise to anyone. I just hope the momentum it has given to the good alts remains, and bsv doesn't trigger drops in better coins.

people don't believe in CW but just want to try their luck on the hype they make.
nothing more can be expected from BSV for what is happening now we will see a new ground floor in a few days.

I admire those who do not believe him and also earn money from the last hype. I completely avoided this situation and decided that bsv was not the right choice to take risk.
Yes, already the price has started to drop and we will see the happy end in a few days. At most, this situation will end on the day of the court.

[piebeyb]

Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

I don't think the devil believes in him holding the private key, so maybe only stupid people believe in him and buy it BSV when people throw it away now

What comes next?
as usual Craig Wright will try any way to make many people believe in him, he seems to be doing another new drama

How much Bitcoins SV will fall in the future?
my hope 1 BSV is valued enough $ 1, that price will make a lot of people frustrated and leave this project after that leaving Craig Wright himself at least making himself a beggar on the streets

How much losses people who bought Bitcoin SV have?
It seems like there isn't much, maybe about 1% of beginners who get caught up buy it cheap and the other 99% are pumps, lol

Why people still believe in Bitcoin SV?
because they like money and they want to make a quick profit, it is human nature to have greedy behavior, it seems like those BSV holders considered Craig Wright as Messiah 

[asriloni]

Bitcoin SV drops 40% as lawyer admits craig wright has no private keys

My question is:

What comes next?

How much Bitcoins SV will fall in the future?

How much losses people who bought Bitcoin SV have?

Why people still believe in Bitcoin SV?

it will fall 100% as CSW itself will prove it as a shitcoin that created by who claimed to be (fake) satoshi. There is no accurate information about how much people have bought BSV at the peak price but so many people are feeling panic right now and I just see that right now at unofficial BSV telegram.

People are still believing in BSV caused by CSW has promised a lot of things to the its supporters.

[Script3d]

BSV currently continues to fall by almost half, maybe BSV is no longer trusted by investors because craig wright does not have a private key and they will not believe about it.
BSV will not last as other coins might have been in yesterday's pumping by someone so that there were a lot of people so that demand increased and now market demand fell for BSV.

I mean the supporters shouldn't support him in the first place because he made a new coin instead of improving bitcoin, if he is truly the real satoshi he wouldn't created a new coin. Bitcoin SV wouldn't last in the first place because it's just a copy of bitcoin, i wonder how BSV and BCash still in the top 100.