Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision
by
nutildah
on 10/06/2020, 05:11:43 UTC
Meanwhile:

Quote
While bitcoin has outperformed gold and the S&P 500 index in 2020, data shows even better returns among leading bitcoin “fork” cryptocurrencies.

- https://www.coindesk.com/returns-for-bitcoins-forks-have-trounced-bitcoin-this-year

Oh - that's actually merely an event. Brimming with averagosity.

Could you be any more dishonest in your selectivity? Bull markets tend to lift altcoins more than they do Bitcoin. It's been this way for years. From your article:

Quote
Some analysts aren’t surprised by these returns. Cryptocurrencies with low and middle market capitalizations like these bitcoin forks “tend to outperform bitcoin during marketwide bull runs,” said Aditya Das, market analyst at research firm Brave New Coin. Similar trends were observed during the 2017 bullish market cycle, he explained.

If you go back 1 year, SV is flat while BTC is up 22%, so... what point were you trying to make exactly?

Some day, you will learn that a blockchain which is unhampered by a centrally-planned production quota on transactions has a value independent of whatever other characters also see value in such an innovation.

Again, you are posting this like it means something. BSV is far more centralized than BTC. That's a fact. And nothing has a value "independent" from those who are actively valuing it. It's not an "innovation" either, its a fork of a fork -- how much less original can you get?

You already have a big block experiment - Bitcoin Cash. Even after 3 years, its blocks are still much smaller on average than BTC's. Its hash rate is about 2% of Bitcoin's. SV's is even less. Both miners and markets have spoken and they don't want inferior clonecoins backed by shysters.