Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 04/06/2020, 19:17:19 UTC
I watched that twice... I still don't understand what he's saying and I'm not sure he does either.

Satoshi.... rofl

He's describing signing such as is used in https ssl certificates. Bitcoin signing is completely different. He knows the difference, but someone called his bluff and he has to create another lie to cover it up.

As long as he has enough shillers to follow, they will spread every of his messages.
Either BSV goes zero, its network becomes unoperable or Craig goes to jail. Then eventually, the story of BSV may end.
But it's a part of bitcoin, too, since it's value practically comes from bitcoin through the chainsplit.

I cannot see BSV going to zero any time soon, even if Craigie weggie goes to jail.  There will be some milking of the hype of the injustice of it all for quite a while to come... And, yeah it would be nice if Craig were to go to jail, but that seems to be a kind of pie in the sky wish, and are those kinds of justices ever really achieved in the real world?

  Of course, there could be some major BSV price fluctuations (including DOWNity) and even attacks on the BSV network that could help BSV in the direction of achieving somewhere close to its true value (which I agree to be at or near zero), yet we have seen too many fucked up/scam projects in this space that continue to get pumpenings without much if any reasonable considerations about their actual value there.. I think Onecoin serves as one of those examples.

Shyte, i forgot to include an "if". I don't believe that any of the three will happen likely or soon, but should act as catalyst to push BSV into the corner of "obsolete" or "unused".
I do agree with you more than you might think.
I even think that a split chain should start with no value at all. Like btc did back then. If that forks would even exist if it would be that way.

Surely, over time, we have seen some forks (and even coins) gain more value than others in terms of being able to get some kind of traction, publicity and/or marketing angle, and getting the coin on a few exchanges (even if rinky dink exchanges) can be somewhat helpful in establishing an initial market that is much above zero (over valued in the consideration of many of us, but still way more than zero for an initial value).  I doubt that any kind of wishing away the phenomena is going to stop shitcoins from establishing way more value than they deserve, and surely, if they can get some traction with people willing to buy them or to hold them, then they are likely to make the founders more rich than they deserve to be.. look at HEX in that regard, too (not really wanting to give attention any specific shitcoin, except to criticize it for its scamminess).