Trading Crypto. Toss out traditional TA. This is 100% Psychology
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When 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
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
Anmerkung
** BREAKING NEWS **Craig Wright has lost his case against Ira Kleiman. Kleiman awarded 50% of IP and Bitcoin mined.
The Judge rejects CSW's testimony and finds that perjured himself with falsified documents.
Anmerkung
Craig also admitted in court that he lied about W&K and was never a part of it. It seems Craig does not have access to the tulip trust and will never have access to it.. there is no massive dump coming for BTC and Craig is now without a doubt a liar and scam artist. Why this matters? If Craig was Satoshi then BSV would truly be Satoshis vision but if Craig is not Satoshi and liar than BSV is nothing more than a scam.. thats why it matters. Good luck.Anmerkung
Just to clarify since there are some people holding their breath so long they have lost brain cells in the process.. Case closed. This will not be moving to trial the only option for Craig now would be to appeal the judges final decision and he already stated that he will be paying back what he stole so its over. This will not be going to trial and Kleinman secured his deceased brothers estate. The judge was clear that Craig did in fact submit falsified documents and despite the fact that nobody can prove Craig was the one who forged the documents its clear he committed perjury.
Anmerkung
"Apparently, dead men tell no tales, but they (perhaps) send bonded couriers. [...] Inconceivable." -Magistrate Judge Bruce Reinhart, Kleiman v. Wright, Aug 2019. (Who then uses the term, "fraudulent," five times to describe Craig Wright's conduct in the case.)Anmerkung
Today, in the Kleiman v. Wright lawsuit, the Order On Plaintiff's Motion To Compel was released on the Courtlistener website.Case 9:18-cv-80176-BB Document 277 Entered on FLSD Docket Page 29 of 29
"DONE AND ORDERED in chambers this 27th day of August, 2019 at West Palm Beach in the southern district of Florida. BRUCE REINHART United States Magistrate Judge"
courtlistener.com/docket/6309656/kleiman-v-wright/?order_by=desc&page=1
Anmerkung
On target..
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