Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 28/12/2019, 04:41:59 UTC
So apparently, CSWcoin is going to hardfork in the near future. Said hardfork includes the fantastic idea of basically stealing people's unclaimed BTC, which means, if you didn't claim your BSV, those coins will be "confiscated" by CSW-Ayre's mining operation (which I presume are the only people mining the thing). This also includes that satoshi's "1 million" coins will be stolen. According to raw calculations, they'll get $85million. I mean, it's not a lot, but still, this has to be a joke right? am I taking crazy pills? How is people unironically supporting such thing at this point?

I assume most here didn't even bother claiming the coins. I mean, it's such a pain claiming a forked coins, you have to do much for so little, but I don't appreciate CSW getting free money, but still, I may just don't bother.

If this is not the case, correct me if im wrong on the whole thing, but that is what I extracted from what I've read.

I surely don't follow the details of that scam coin, but sure, sounds like something that those scammers would do, and sure, to the extent that the coin retains any value, then they could maybe cash out along the way and get some of that value in a liquid coin, such as BTC or even USD or maybe any shitcoin might work to cash out some value, too?

There surely are folks who still had retained Bcash ABC, so they would have then gotten Bcash SV, and they had not cashed out any of those forks.  I think that many folks here did cash out some of the forks, at least the bcash abc one (so they would have never receive any bcash SV because they had already cashed out the bcash abc before its forkening in mid November 2018)... but yeah, like you said there are people who are even less active like Satoshi and then just others who don't want to move their BTC for any of these cashing outs.. which also makes some sense.  

Those less active in the forkening claims  would have gotten BcashSV by having Bcash ABC, and then under the new purported fork of BcashSV would get all their new forked BcashSV coins confiscated.. assuming that the upgrade fork would become the main bcash SV fork and potentially retain a decent portion of its prior value..or have some exchanges still listing it, which could be a problem too, since some of the remaining exchanges listing Bcash SV have been delisting it based on news of the upcoming BcashSV forkening, no?