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BSV

BSV fundamental analysis, this coin has no futurecraigwright.net Craig Wright’s blog post tells everything essential. "Bitcoin is not designed to stop government from freezing bitcoin, and it is not ‘censorship-resistant’. Bitcoin is public. What Bitcoin does is work within the rule of law. Any court action or government and law-enforcement move to freeze and seize bitcoin will be public. When such actions are performed against criminals, few people will see them as a problem. If a totalitarian, controlling government decides to do so, a record is left immutably—for all time and for all people in the world to see. It is thus how Bitcoin counters bad actors. It allows change, but change through sunshine. Bitcoin does not stop people from freezing transactions, it stops them from using illicit money at scale. The thing with strong encryption is that even governments cannot decrypt a file without the key. Bitcoin is not encrypted. Transactions sent on the Bitcoin network are propagated and recorded as clear text. As they are clear text, all UTXOs can be seen, monitored, traced, and acted upon. As the source of all transactions, the input transaction, remains clear text and is easily viewed, it is simple to apply existing rules of following and tracing money and enact court orders for freezing and later seizing bitcoin." In his idea, funds can be frozen and confiscated from people. If there is a possibility to freeze funds, it is not immutable ledger anymore! First he says bitcoin is immutable ledger, then he says funds can be frozen. So absurd. So, actually BSV is not immutable ledger, it is not censorship-resistant. From fundamental perspective, BSV will never be "plumping" of global payment network. Plumping of payment network cannot influence in how much and to whom funds will be sent, plumping of payment network must be only plumping!
BShort
by kullervo88
8
Bitcoin SV Potential Higher Is Very Real ($313, $376 or Higher)Bitcoin SV (BSVUSD) is now ready to do whatever it wants bullish and I will share why in a minute but first... Feel free to hit LIKE after checking our previous chart from March 9, still valid today: Now, let's get started! Looking at BSVUSD, the first we can notice is its price trading above MA200 (black line) but also above EMA10, EMA50, EMA100, EMA200, and EMA300. Once an altcoin trading pair is above all these EMAs, the rooms are open for massive growth. Now let's have a look at the MACD. The MACD is really strong while aiming higher. Plenty of room left available for growth. The RSI is next. The RSI is really strong while trending higher. There is still plenty of room left available before it reaches the same levels it hit back in January 2020, when BSVUSD hit $455+. We are also active with the BSVBTC pair which is growing and showing big potential just as this pair. BSV is like the old Bitcoin Cash and Ripple... People can forget about them, but once they start to move, they can grow beyond all normal and possible expectations. Namaste.
BLong
by MasterAnanda
2
Bitcoin SV similar pattern play out coming maybe? 200% move? Just playing with the charts here but it's very intriguing. BSV seems to be on a sort of repeat in its play outs. Alt coins are looking like they might start to make some big moves but if BSV plays out like it has in the past could be the biggest one. What do you think traders? Also Weekly MACD bullish crossover is a good sign. Edit: Maybe the triangle should be like this? I drew the original chart in post out a long time ago trying to predict where it would hit and go down again because i assumed it would touch twice and break out the third time like the other triangles but maybe that isn't the case. Heres the new down sloping trend line I drew to try and make better sense of it. Let me know what you think?
BLong
by ElPsyKongroo369
4
Bitcoin SV vs the Dollar Mapped Long-Term (Support & Resistance)Here we have the chart for Bitcoin SV (BSVUSD) by the request of one of our supporters... We are looking at it long-term (weekly timeframe). A new ATH (All-Time High) was hit in January 2020 for Bitcoin SV vs the Dollar. After the ATH prices started to retrace and are now trading below EMA10. After breaking and closing below this level, we can expect more drop. Here I am sharing just one scenario based on the bullish perspective and the continuation of a bullish cycle. So we can expect further retrace before the continuation of the uptrend. If support fails on the way down, then we can expect prices to move lower. We can find support at the 0.786 Fib. retracement level as well as the purple trendlines. This is not financial advice. Thanks a lot for reading. Namaste.
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by MasterAnanda
12
I cant remember now if I showed you this BSV chart!BSV what is it for, who actually uses it, is it better than BTC, will is last into the future? I might be the wrong person to ask these. According to the BSV vision {Four fundamental pillars form the basis of Bitcoin SV’s roadmap to create the one blockchain for the world: stability, scalability, security, and safe instant transactions (a.k.a 0-confirmation). “The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.” – Satoshi Nakamoto (April 2009)}. Personally I feel this blockchain will benefit from 5g and will become more useful as we move forward in IOT. May worth holding a few. Its a fraction of BTC at the moment which has just pushed pass 11k.
BLong
by Skinwah
5
BSV could go 300% in next 2 months! Is CSW actually SN?Could Craig Wright actually be the maker of Bitcoin, the pseudonym Satoshi Nakomoto? I have always thought he is a fraud but I may have seen through the charades put on by the Doctor. He has been caught out so many times since announcing himself creator, but is it all just a big con to hide a different scenario? Now that would be genius. Actions more like a doctorate computer scientist background to be honest as much as I still am in denial of it all. I am starting to believe he is the inventor. Why else would you confess? Has any1 else confessed to be the creator that has such a solid background to the process of inventing Bitcoin? Then the huge law case vs his former associate. Maybe they were the creators all along? Then the fake addresses presented in court, why would you do all of that knowingly that you would be put in jail for perjury? You just wouldn't that's why. The addresses that then replied stating he is a fraud are just CSW covering his tracks. He came out to the world stating he is the inventor of BTC. The crypto world laughed at him. He thought of a master plan to take down all the Bitcoin enthusiasts that mocked him. He could be the one telling us all he is not the inventor and a fraud. This would be a genius move after the backlash and what he is looking to do with the SN stash of BTC. In my view, if CSW is actually SN then there is a plan to move all SN stash into BSV at some point of BTC's lifecycle. Imagine the carnage? Imagine the domination of BSV? Now this is a genius scenario don't you agree? On the other hand, if he is a fraud, BSV will plummet to BTG prices. Now down to some serious analysis. As you can see I am not a great fan of this coin but am coming around after thinking about above scenario and the chart really speaks for itself to be honest. If the EMA10 (in blue crosses the MA21 (in orange) we can expect a rise in prices. The purple lines are showing the lows and highs of this weekly log chart. The red horizontal line is the weekly resistance/support level that is a major level. As you can see last time BSV moved above this level it hit the top purple line within 5 weeks. You can see the volume has been quite large since January 2020. On the RSI, we can see the lime green trendline is showing us the path. When it drops below the line, the next 5 weeks following are rocket like price movements. The orange flags show when BSV dropped below the trendline on RSI the price rose dramatically. The white flag shows a rise, but not to the top of the purple channel like before. This could enhance this time around to reach the top of the purple channel. The grey flag at the end is questioning where BSV will go from here. If RSI goes above this green trendline, expect a 300% rise in prices. The green trendline on the chart shows where BSV broke out each time from this trendline. We could see a huge price increase of around 300% if BSV hits it top of the purple line as per previous scenarios. It could also drop to around 157USD before it's next rise. Happy trading legends! HTBB
BLong
by Pro_Trader_HTBB
5
BSV SHOUTS LOOK AT ME!Dear Traders and Hopeaholics alike, I want you to look at this chart and get excited... not because you like BSV... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!! BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN also known as a Broadening Wedge. What Is a Broadening Formation? A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series of higher pivot highs and lower pivot lows. The chart below shows an example of a classic broadening formation. Investopedia Q. So why would you trade BSV? A. BECAUSE YOU LIKE MONEY!!!!! I have added on the chart a short term wave structure that I feel is likely and in pattern with what I currently see in BTC. Sometimes I make charts and you all think... wow LISA IS REALLY CRAZY... but I am also usually right... So up to you <3 ********************************************** If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns. So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED! And remember, there is NO RIGHT OR WRONG in trading - just money management! REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!! <3 Lisa DISCLAIMER: The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons... PS make sure you give me alike, that way you get updates as I post them.... :) <3
BLong
by LisaNEdwards
30