BSV
BSV - The Flippening - Strong BuyBITFINEX:BSVUSD is a STRONG BUY, may the real Bitcoin please stand up.
The Flipping is happening...
What is the Flipping...BCHABC (False) hash is running out...
The manipulation and falsehoods about BSV are FINALLY being dissolved.
I did extensive analysis regarding the BCH fork and called out exchanges who purposefully promoted and even gave the BCH ticker to BCHABC (China ran crypto).
I still believe that these exchanges should be held to account for their actions in the manipulation in BITFINEX:BSVUSD and investor losses.
Reminder: Kraken and Coinbase purposefully de-listed BITFINEX:BSVUSD to promote the Chinese BCHABC. China's Hash pools even diverted customers hash to support BCHABC.
Please see related ideas for more in-depth analysis of BCH and the fork.
Monthly Chart: Wave 1 & 2
Daily Chart:
Target: $280
Will update!
-AB
BSV: Uh...No. There's been a nice little rally in BSV lately. But we're not buying it.
At present, the rally in BSV looks like nothing more than a retest of a horizontal congestion zone created by a prior low back in July. The area between 110- and 120 was also the area where the final down move unfolded in September. In an environment where Bitcoin (BTC) is having troubles, we don't see BSV having upside potential beyond 120.
Bottom Line: There would have to be a huge catalyst to get BSV above 120. We don't see it happening right now.
Bitcoinwe need to hold this trendline. why is BSV strong?weekly chart
we need to hold this long term trendline,
again the NVT at the bottom, bull runs only start on green, as i have said this last run was not a long term run.
rsi and stoc all near oversold.
did anyone notcie Bitcoin price dropped and USDT dropped, thats a sigh of pulling out of the market.
imo allot of it is miners cashing out.
the volume is shocking.
BSV , who i am not a fan of is making good moves!! yes we dont like it but in truth if your only in this to make money, why not keep an eye on it.
BITCOIN QUANTUM SUPERPOSITIONBitcoin has split off into parallel dimensions.
When will the waveform collapse?
BSV - looking it wants to break out against Bitcoin ...Pushing on the resistance on the top rail ...
Could BSV make a break out attempt despite all the Craigh Wright negativity around it ??
BSV will CW pump? MMHVW- not sure who is aware of this but Craig Wright will be offloading most of his BTC in 2020 following a lawsuit.
BSV Bear Flagpole ScenarioThis could be a bear flag scenario and it could take us down to the all time lows..
BSV is BitCoinBSV is BitCoin as described in the white paper.
FUNDAMENTALS:
*Thousands* of people building ON TOP OF the BitCoin protocol, bringing real world value.
MetaNet allows structured of data on top of BitCoin.
Assign value to data/information - Users can own their own data(bye bye facebook&google)
SPV(simple payment verification) is coming to BSV, which was ignored for 10 years.
P2P transactions(BTC removed bip 70 support...)
Uncapped blocks.
Potential for billions of transactions per second on-chain.
Ultra small world mandala network.
Nchain has thousands of technology patents to be used on BSV.
CSW may or may not be Satoshi Nakamoto.
My speculation:
BSV /BTC will approach 1 and higher as people slowly realize what BitCoin ACTUALLY is. (hint: its not digital gold)
BSV Long-term TrendlineVery simple trendline connecting 3 price reversals over time on the Daily chart for BSV (slide chart pattern side-to-side to see entire trendline)
ETHERUM WILL BUMP? Altcoins season is coming?Hi!
As you know Etherum is the most popular ALT-COIN. We can see that we're near support zone . If we came accross tringle and we won't accross support zone, i think it'll be perfect moment to invest into ETH. In next months it'll increase more than BTC. BTC dominations is getting lower, but altcoins is going higher. In my opinion it'll be the best moment to intrest ALTCOINS specially: ETH, XRP, LTC, BSV and ChainLink. LET ME KNOW IN COMMENT WHAT DO YOU THINK :)
WHO LIKES COFFEE? BITCOIN SV ANALYSIS $BSVUSDBitcoin SV will probaly build a cup pattern.
We have a strong support that has allready been rejected once.
Another rejection will give the buy signal.
Target is the 177-181 zone.
BSVUSD Look For Big Wave UpHello traders,
The down move we expected happened (Refer to previous forecast down below!).
Now I am anticipating a strong wave up to the 180-190 range which will complete a regular flat and after which we will have to wait for more price action to see whether or not we will consolidate to keep going or fall back down to make new lows.
Stay tuned for more!
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to follow, I will be posting forecasts & trade setups daily.
Thank you,
Good luck
Bitcoin SV (BSVUSD) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Stop watching BTCUSD, start watching BSVBTCBCHUSD instead!The bitcoin network and community has unfortunately become split across 3 main forks.
1. BTC / SegWitCoin: A project that is a fork of the original bitcoin protocol, maintained by a private venture capital backed company... Blockstream. They control the Bitcoin Core implementation of Bitcoin, and have changed and restricted the protocol in dramatic ways, rendering some of the originally intended functionality of the platform redundant. They seem to have leveraged corporate money to exert influence on the cryptosphere in many ways. To what end, I'm not sure. But BTC no longer is the " magic internet money " it promised to be. Bitcoin gained popularity as a virtually free, unrestricted, p2p pseudonymous digital cash system for the internet, which the original protocol intended to become. Supporters of Blockstream's current implementation of Bitcoin (BTC) believe that Bitcoin should not be a digital cash system at all, but should instead become a sort of "digital gold"... costly to transact in, and only to be used as a store of value, not as digital cash. The fact that BTC transactions will soon become prohibitively expensive for the average user to use (i.e. >$100 fee / transaction) means it will be effectively rendered useless as digital cash. It will lead to huge amounts of small bitcoin accounts who will never be able to move their funds again, without using 2nd layer payment solutions like the Lightning Network, which only use the distributed blockchain ledger to settle large blocks of transactions at the end of the trading day. Blockstream have essentially introduced the requirement of trusted 3rd parties to relay your transaction for you. They have made the network fragile. They have sown the seeds of their network's ultimate destruction.
1. BCH / Bitcoin Cash: A project supported initially by Dr. Craig Wright and Roger Ver, as well as many other Bitcoin Maximalists, who disagreed with Blockstream's intentions for the future of the Bitcoin Protocol, citing that their restriction of the blocksize would prevent massive scaling of the network and rendering BTC useless as a digital cash system. They instead supported the idea of "big blocks", which in theory would mean that only larger mining operations with huge capital investments would ultimately be able to profitably mine bitcoin. They argue that this was the originally intended scaling solution, and that individual users were never expected to run full nodes, and that big companies should compete to increase the efficiency of the network instead. They argue that this should not be seen as "centralisation" of the network, but rather, niche specialization of the network. They believe that the economic incentives originally intended would ensure that the network remains a level playing field for everyone - miners and users alike, and that this network schema preserves the ability to maintain low transaction fees and facilitate micro-transactions. Unfortunately, interests within the Bitcoin Cash faction subsequently lobbied to make further amendments to the original Bitcoin protocol which others in the community disagreed with - i.e. features that would help to facilitate anonymous transactions and coin tumbling, things which only criminals would benefit from.
1. BSV / Bitcoin Satoshi Vision: This implementation of Bitcoin is maintained and developed by nChain and it's chief scientist - Dr. Craig Wright. Many believe him to be the original creator of the Bitcoin Protocol... Satoshi Nakamoto, or at least the driving force behind the team of people who developed it. He is currently embroiled in legal proceedings with the estate of one of his now deceased friends / colleagues, who helped him develop, mine and establish the original Bitcoin Protocol... Dave Kleinman. Wright has recently been ordered by a Florida court to pay $5 BILLION of bitcoin to the estate of his now deceased firend, who the court has deemed to be entitled to a fraction of the bitcoin in Craig Wright's possession. The court has not stated that Wright is Satoshi, but still have compelled him to pay half of his bitcoin holdings to the estate of his dead college... hmmm. Much more to come on this front I would imagine. The cryptosphere does not believe that Craig is Satoshi, not because of the mountains of evidence of the work that he has done, but rather because they want bitcoin to continue to be anarchist money that facilitates online crime... or else they believe the propaganda put forward by these same people. They don't believe it because he has to date refused to "cryptographically prove" himself as Satoshi by signing a transaction with Satoshi's original keys or by moving coins allegedly belonging to Satoshi. Many large exchanges decided to delist their BSV markets, after Wright finally decided to take on the troll armies of contending forks and fight back aggressively. He has lodged patent applications for the original whitepaper, and is currently fighting for his legal right to be known as the creator of Bitcoin. He meanwhile has expanded upon his original vision of the protocol as "fully truing complete", meaning that features previously removed by Blockstream were originally intended to provide the same functionality as the currently popular smart contract platforms like Ethereum and EOS. He has also submitted multiple patents related to blockchain technology, which in the future will likely see other blockchains having to pay him royalties for their use of the technology. Or cease and desist.
This is the current state of Bitcoin.
While I personally believe that Craig Wright is indeed Satoshi, and that BSV will be the only fork that fulfills the original promise of the protocol, the markets take time to digest the facts.
Stop watching the BTCUSD ticker, and instead start watching the combined market cap of all 3 forks.
BTC might in fact be doomed, but Bitcoin itself will march onwards and upwards.
Long Term Forecast Bitcoin SV Price : BSV/USD Price Analysis
Bitcoin SV endures huge misfortunes because of a reaction of contentions with its lead designer. till date, the two noteworthy crypto trades, Binance and Kraken, have chosen to expel the Bitcoin SV from their trade, I.e BSV will be never again tradable on these two trades. The two trades will quit exchanging on BSV on April 22, refering to Kraken’s “conduct totally contradictory to all that we at Kraken and the more extensive crypto network represents.” Binance referenced reasons, for example, “Proof of dishonest/false direct” and “Level and nature of improvement action” among other reason.
Bitcoin SV (BSV) Price Analysis — An Overview
BSV was not performing admirably even before the delisting. When the updates on Delisting went out, it began hitting the value link, the cost of BSV began disintegrating down. It is as of now exchanging around 58 USD, a critical drop from 90 USD where the coin was exchanging early April and could without much of a stretch hit its most reduced degree of 40 USD in the following couple of days.
News Source : TheCoinRepublic
Trading Crypto. Toss out traditional TA. This is 100% PsychologyWhen it comes to trading crypto traditional TA is useless. You can find patterns no matter how you cut it. Up or down you can say history is repeating itself.
There has never been a market that fluctuates on the single fact that people are either buying or not buying.. This is psychological and there is simply nothing more to it. Either we love BTC (NOT BSV) or we dont.
Considering BSV is centralized and owned by 2 individuals with a history of questionable behavio its easy to assume the product they have created is probably shady to some degree. Giant blocks are cool and yes its programmable.. but for what you gain you sacrifice security. If crypto is going to be accepted (100% up to us) as a future world currency then Bitcoin will be insanely valuable and not likely used as day to day cash. Another crypto or offcahin solution can solve this.
For this reason I believe freezing btc was the absolute best decision imo. Rushing in to change it and upgrade it would be a mistake. Thats what forks and alts are for. Developmental platforms are great for experimenting. Btc is still what it was and will stay that way.. secure and unhackable. BSV would be a great platform if only it wasn't centralized and controlled by people with questionable incentives.
Trading to make a buck is one thing.. promoting it as a decent company or product is another.. in crypto the company and product are really all there is. BSv would be great if it wasn't trying to steal Bitcoins place while making outlandish and impossible claims. There are a many number of other coins that can do what BSv can do.. So I say Good riddens.
BSv and its owners are here for one reason and one reason only.. to take your BTC. Same as 90% of All other ALTS. If you truly understand BTC and how valuable it is.. you understand this fact.
BTC is going to decide which ALTs deserve a place on the cryptosphere. This has been a long time coming.
- A
