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Author Topic: Satoshi Vision  (Read 140 times)
raybucks (OP)
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January 08, 2023, 02:18:20 PM
Last edit: January 08, 2023, 04:46:32 PM by raybucks
 #1

Anyone help me to understand what is bitcoin SV

I know a little but researching on web will take much time
and you guys are awesome explain everything in very best way then me[/color]

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January 08, 2023, 02:27:28 PM
 #2

It is not Bitcoin but an altcoin.

Satoshi Nakamoto has an account on this forum, and theymos who took over the admin role from Satoshi Nakamoto wrote a topic

You can get more idea, vision from Satoshi Nakamoto from his post history.

Satoshi Nakamoto institute has the complete Satoshi that is an archive of Satoshi Nakamoto posts on bitcointalk.

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January 08, 2023, 02:34:51 PM
Merited by o_e_l_e_o (4)
 #3

Anyone help me to understand what is bitcoin SV

I know a little but researching on web will take much time
and you guys are awesome explain everything in very best way then me[/color]

Bitcoin SV is an Altcoin which many Bitcoiners regard as a scam. Its founder, Craig Wright (referred to as Faketoshi by many because he claims he is Satoshi but cannot provide evidence for this -and yet he wishes to patent Bitcoin for himself) has also been accused of multiple wrongdoings. He has gone to court over this issue and is now not taken seriously by the crypto community. I would avoid Bitcoin SV and buy the real Bitcoin instead.

You really should be extensively careful of where you decide to put your money. You can ask around in the community and you will not find many people who understand or endorse Bitcoin SV.

It is rumored that the Bitcoin SV blockchain has neferious back-doors to freeze/steal your money from you out of your own wallet.

If you ask me, Faketoshi definitely deserves his title of fraudster.

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digaran
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January 08, 2023, 04:26:34 PM
 #4

Well I thought you wanted Satoshi's vision, so I did some research, here is the result.




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January 08, 2023, 04:34:44 PM
 #5

Bitcoin SV is an Altcoin which many Bitcoiners regard as a scam.
It is one of many Bitcoin forks.
How Many Bitcoin Forks Are There? You will be surprised!!!

Quote
Its founder, Craig Wright (referred to as Faketoshi by many because he claims he is Satoshi but cannot provide evidence for this -and yet he wishes to patent Bitcoin for himself) has also been accused of multiple wrongdoings. He has gone to court over this issue and is now not taken seriously by the crypto community. I would avoid Bitcoin SV and buy the real Bitcoin instead.
Its founder, Craig Wright is a liar.
Craig Steven Wright - Satoshi, MtGox Hacker or just a fraud ?
Project Anastasia: Bitcoiners Against Identity Theft [re: Craig Wright scam]
Bitmex Research vs Craig Wright Fraud (Faketoshi)

You will waste your time to read those topics but if you're interested in, you're free to do it.

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January 08, 2023, 07:58:54 PM
 #6

Anyone help me to understand what is bitcoin SV
A scam, perpetrated by a proven identity thief.

It is rumored that the Bitcoin SV blockchain has neferious back-doors to freeze/steal your money from you out of your own wallet.
It's not rumored - it is public knowledge. BSV have been very public in their release of software which allows CSW and his buddies to simply confiscate and take control of any coins they wish from any address in existence. There is a good summary of it here: https://blog.bitmex.com/bitcoin-sv-hardfork-significant-security-risks/



If you spend any money on BSV, expect to lose it all through either price collapse or outright theft. You should also exercise extreme caution when using any centralized exchange or service which also supports BSV. If CSW suddenly decides to confiscate all the BSV in an exchange's wallet, then that exchange could very quickly run in to liquidity issues and end up insolvent, taking all your deposits of other coins with them.
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January 08, 2023, 08:31:19 PM
 #7

Anyone help me to understand what is bitcoin SV
You don't have to spend so much of your time trying to understand the scam that Bitcoin SV is, you can take the short route of finding out who its creator is, Craig Wright. When a coin is created by a proven impostor and fraud, someone who claims to be who he is not, surely that coin can be of no good, i would stay away from anything Craig Wright creates or supports for my own good, and you should probably do the same thing.

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January 08, 2023, 08:33:08 PM
 #8

Anyone help me to understand what is bitcoin SV

I know a little but researching on web will take much time
and you guys are awesome explain everything in very best way then me[/color]

Bitcoin SV is an altcoin owned by Craig "fake satoshi" Wright. The dude is a scammer who claims to be satoshi nakamoto but obviously he is a liar. That's because if he was satoshi nakamoto, he would have posted a signed message from a satoshi block/address.

Since he can't do that, he isn't satoshi nakamoto.

The coin itself is useless too. Nobody uses it, nobody trades it. It died long time ago and nobody cares.

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January 08, 2023, 08:41:28 PM
 #9

Anyone help me to understand what is bitcoin SV

Like throwing chum to the sharks on this forum.  LOL.  Obviously Bitcoin SV isn't Bitcoin.  The best indicator of it's value is probably it's price.  When you consider that many of it's coins were lost during the various forks and there are people trying hard to manipulate it's value upward, yet it is still sinking like a stone, then you realize that it's not worth considering as an investment.  There are so many problems with it and Bitcoin Cash, software intermingling the networks, etc...  It's best to stay as far away from anything named Bitcoin that isn't Bitcoin.  If that wasn't obvious.

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January 08, 2023, 09:31:13 PM
 #10

Anyone help me to understand what is bitcoin SV

I know a little but researching on web will take much time
and you guys are awesome explain everything in very best way then me[/color]

Bitcoin SV is a fork of Bitcoin, and any fork of Bitcoin is considered altcoin by majority of the population of cryptocurrency.  to know more about this altcoin you can check this website: https://learn.bybit.com/altcoins/what-is-bitcoin-sv/

Come on now, don't be lazy and read what is on that link.  It is better to read it first hand so that there will be no lost of information during the acquiring of information.

Just to give you a hint the article contain the following:

What Is Bitcoin SV?
History of Bitcoin SV
Bitcoin Block Size and Scalability
Enter Bitcoin Cash: The First Bitcoin Hard Fork
Then Came the Bitcoin SV (BSV) Fork
How Bitcoin SV Works
Bitcoin SV vs. Bitcoin
Transaction Fees and Speed for BSV and BTC
Energy Requirements of BSV and BTC
Bitcoin SV Support for Smart Contracts
Bitcoin SV vs. Bitcoin Cash
Transaction Fees and Speed for BSV and BCH
Block Rewards for Bitcoin Cash vs. BSV Miners
Bitcoin SV Price Prediction: Is BSV a Good Investment?

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January 09, 2023, 08:16:51 AM
 #11

Anyone help me to understand what is bitcoin SV
You don't have to spend so much of your time trying to understand the scam that Bitcoin SV is, you can take the short route of finding out who its creator is, Craig Wright. When a coin is created by a proven impostor and fraud, someone who claims to be who he is not, surely that coin can be of no good, i would stay away from anything Craig Wright creates or supports for my own good, and you should probably do the same thing.

I have followed Craig Wright up on twitter on so many occasions and what surprises me is that he still find it  difficult to understand some basic things of bitcoin. I don't know if it's done by him purposefully or he is being carried away by his claim to be Satoshi.

He contradicted Satoshi whom he claims to be so many times. In some cases it leads to him deleting his posts when he discovers he deed so bad in imitating Satoshi.

What surprises me most is how he manages to have debatable cases about bitcoin ownership and why he is still so relevant and being Satoshi to some people.

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January 09, 2023, 09:40:16 AM
 #12

I think you are kinda late though? I mean it's already 2023 and you are asking for Bitcoin-SV?

As others have said, it's an obvious scam and in the beginning it try to challenge the real Bitcoin and even put the name of Satoshi himself in which we all know are not the true vision of the legendary man.

And as you can see from the reply of most members here, this project doesn't sit good with us because it's obvious rip off of the original and you can see it from yourself that this project has somewhat died or close to being "just another altcoin" argument.
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January 09, 2023, 01:27:09 PM
 #13

Sometime in late 2019 when I never know about this forum, I received an airdrop invitation on Twitter and after completing the task, a few days later I was credit in BSV website in the balance with some amount of BSV I don't know if the site is fake and the coins also were fake at that time.
But later on, I lost interest in the project and forget everything about it when I discovered BSV creator was claiming to be Satoshi, which is proven to lie and fake someone with a criminal lawsuit cant be Satoshi.

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January 10, 2023, 05:09:12 PM
 #14

Please don’t invest in BSV, it’s one of the very worst shitcoins on the market. It’s propped up by billionaire Calvin Ayre. Craig Wright is just the face of the whole drama. It’s been an absolute joke from the very beginning, you don’t need me to tell you that CW is definitely not Satoshi Nakamoto. BSV has a small army of delusional, dedicated followers who are convinced CW is Satoshi.

Amongst the various disingenuous legal battles that the BSV team have been and continue to be involved in, they’ve proved themselves to be liars but also lowlives.

Seriously the sooner that scam-coin goes to zero the better. It’s been a stain on cryptocurrency for a significant amount of time now.

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January 14, 2023, 09:41:18 PM
 #15

I believe the true vision of Satoshi lives in Monero.
Odusko
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January 15, 2023, 11:37:19 PM
 #16

I believe the true vision of Satoshi lives in Monero.
Are you kidding me, I wonder why so many cryptocurrency investors and users so much believe in the private network of monero, I have seen the coin receiving a good recommendations as being one of the highly privacy-conscious coins and highly decentralized.
But no matter how decentralized an altcoin claim to be, its network is still configured as a centralized entity, whos mode of operation can be compared to whatever point.

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