BSV mystery buyer doubles market cap

I call this technique "zooming." You can make anyone look bad (or good) by zooming in on one detail and defining the whole by that detail. All context is ignored. This is a favorite technique used in politics and cancel-culture, and it works quite well for convincing shallow thinkers.

I listened to this one, and while it's not as solid as the Murray video I posted above, it's nice to hear an argument from a guy who spent 11 years at Goldman.

https://www.newswire.ca/news-release...890057919.html

Taal acquired 60k sqft facility. Have you guys looked into it. In Sep 21 they were holding I think 69k BSV in reserve (probably less by now). They are quite ripe. Haven't looked too deep into it but if BSV goes up they are also worth a ton more and when transaction fees start clmbing mining will become more profitable and competitive and they are well prepared it seems (also kind of insider knowledge on BSV).

I am not too familiar with stocks but it seems not the worst investment. Anyone took a deeper dive ?

Great idea FK!

Looks like Americans have to trade TAAL on some OTC market? I'll have to look into it.

Question for you FK... how's your perspective changed in the last couple weeks? Seems you're pretty deep into the BSV trade these days!

Hi, I was quite occupied with following the Trial and doing my own research on the side. I have never invested in Crypto (had a BTC here and there from friends back when it was 400$, had BCH due to fork of that Bitcoin I was given by a friend. Ever since then I stayed out of it because I couldn't make sense of the valuations and because my experiences in 2013 and 2017 were terrible in comparison to what one would expect from the money of the future. Once I took a deep dive into the Satoshi story I ended up in BSV and past 5 months have been to poke holes in my theories and to get more conviction. Yesterday I also became a BSV cultist but just put my toe in at 174 (got punished immediately). I likely get the rest through OTC via Fabriik or KuCoin but try to find the most reasonable entrance point. I expected crypto to dump during trial and after (due to manipulation), but I have very little understanding of all the inner workings of the market. I do however love to understand system/games and I usually understand patterns quicker than others so maybe over time I actually do gain good knowledge.
My plan was to get a few hundred BSV and then just sit and wait on it. Question is if I can get in at 80$ or 200$ or whatever. Right now around 160.

I still have the feeling CSW ís lying about certain things which still scares me. But I mean BSV went sideways for months, the tech seems still great and if CSW can prove anything in court BSV is certainly undervalued. So with 14k shitcoins I don't think BSV is a trap compared to most, just hesitant because 99% think different than I do

I caught this earlier today. Not as tight as the others, but nice to see the trend continue.

What's your timeframe here? $174 seems like a fine entry to me. We're way early into this trade!

He probably is, but so what? Satoshi is not Santa Clause. He's a real person, flaws and all.

Also, sometimes CW makes deep statements that look false on the surface. Check out my post to Jack.

Contrarian life baby.

I felt like a freak when I invested $200K in BTC almost a decade ago. Without that experience I wouldn't have the strength for this BSV trade.

Technically speaking, the more people that disagree with you, the more upside if you're right. That's what makes BSV a 100x opportunity. This trade isn't about winning a couple bucks, this is about betting on Satoshi for a second time.

Yes, I am just hesitant because a fraud would show the same tendencies. I still see CSW as the most likely candidate but despite seeing all the evidence I feel like there are parts missing in the story. And once you mistrust someone everything becomes more complicated, the whole thing is a mind fuck. And yes it is a crazy 100x opportunity but against a rigged crypto casino. The fact that it is still so low and even drops now that CSW takes the stand, it just makes 0 sense to me. It seems all paired to BTC with bots trading all coins in tandem. Somehow BSV is dumping but not pumping the way other coins do (insert conspiracy here), with all these generic whitelabel crypto exchanges looking like clones and most being connected to Tether... https://protos.com/tether-papers-cry...tion-analysis/ .... I wanted to short BTC or go into leverage long BSV but a) I am a rookie and b) they seem to conspire against certain positions. Huge moves for a few second and shorts are liquidated etc. Just didn't feel safe at all to me. So longing BSV is the most basic but still high potential investment. I just feel a bit bad that all the signals point in a different direction and I have no guarantees that the court will actually provide the needed proof.

I just try to figure out what I have been missing in my research. Why is BSV so low, has so much utility and potential and nobody is seeing it. Even friends who have no horse in the race, they all disregard it. If I show it to friends they are not even interested. But the court case is now even in the mainstream media, still BSV goes down. It just does not add up. I would even assume that if Elon tweets positively about BSV it would also tank the price. Something is at play here that makes me hesitant. But to your question, I will try to load up within next 1-2 weeks hopefully somewhere around 150-160$. Maybe reserve some in case we drop further. Also connecting to some people for OTC trade in order not to get ripped off by exchange fees

There's a joke in economics that "every so often a physicist will claim to fix economics." (examples)

This could be a more widespread phenomenon, because the crypto industry is chock-full of software engineers doing the same thing. It's almost like highly intelligent people consider economics to be a simple subject because the math is basic.

From my perspective, economics is closer to medicine than to engineering. Economists are dealing with a living, breathing organism (the economy) that does what it wants when it wants. Math is only a small part of it.

Now that I think about it, there's also a lot of people who think they know more about medicine than doctors. There's a lot of clowns and scammers in both economics and medicine.

Yes, track record matters. Craig has a 30-year career we can study -- it's full of super-human achievements and a few people calling him a fraud. But where are the fraud charges? They're only on Twitter as far as I can find. Craig fought the ATO's 200 audits and came out clean -- how could a fraud do that??

I think you have that exactly right. You're one smart rookie.

Here's the simple answer: there's a disinformation campaign against CW. People can't see through it.

The risk in the BSV trade is that people will never see through it. In that case we sit at $170 forever. God I love this trade.

At what prices are you looking to exit, and how long are you willing to wait?

Jeah I see the campaign and I agree that CSW can be a dubious figure and still have achievements and be the inventor. I was actually involved with some extremely smart Asperger people and I didn't get the scammy vibes I sometimes get from CSW. There is something that neither side is talking about. CSW has some corpses in his basement but I am not sure exactly what it is. You have to keep in mind CSW claimed he was audited 200 times, he reads 2000 books a year, writes 6500 words a day (millions of words a year), currently studies for 19 degrees and other stuff. There is some of it which fits with his personality but he exaggerates when he also demands people to be precise. That is a trait of a narcissistic fraudulent personality. Not saying he is but it is the pattern that I recognize from others. Keep in mind he also claimed 70.000 people congratulated him and wished him well for the court case (when he claims he barely has any friends). These things actually make me believe the ATO story and some forgeries (incl. weird Dave Kleiman signature) has legs. Once again I still think he is the most likely candidate but from what I know there were more people involved in Satoshi Nakamoto that are shielded. Maybe that is why the story is not adding up or something else. Also keep in mind right now the trial looks like Plaintiff is not trying to win but to make CSW look bad and fraudulent. I mean I should be happy about it because the price gets suppressed further but one has to ask if CSW will really show proof in court or if we are being left hanging with "I think the documents were strong evidence" but nothing as strong as key signings, whitepaper drafts, bitcoin.org credit card stuff.

If at the end of the court case and the coming future I feel more strongly and go from say 80 to 90 or above % conviction I will not sell. So I don't have an exit plan as right now the whole thing is foggy to me. If BSV is the real Bitcoin and the tech is superior, most of the gains will be years from now. Any big tech company has most of its value like 15-20 years+ after creation. I would assume for something like digital money it will even take a lot longer. If it works like you predict one might have to never sell and can just take loans against collateral or whatever (I am sure there will be instruments invented). Or I find out Craig is a big NSA fan and wants big Gov and more surveillance, that would be a personal exit for me. What is your exit strategy?

On a separate note: -> CSW will try to get Judgment as a Matter of Law. Could turn out to be a nothin' burger and no evidence whatsoever

where's the kaboom! oh dear, mired in legal framework now?

what's the point of the plaintiff going after csw for money only to turn around and close their side without decent proof of contract?

ira operated up to 50 sock=puppet emails?! emailing himself at times.. lol

it's all very odd to wake up to this news!

thought it was all a stage for csw but seems to have turned into a negative pr spin on BSV, they got the headlines only to produce a fizzerrrrr

still the BSV use case is still there, just the mystery continues , i'm averaged in at 150ish , i'm happy to hold for now , but srsly wtf

Market Tanking, BSV below 150$. Feels so juicy but I don't see much resistance yet. If BTC dumps further BSV will follow. Curious timing with CSW in court and Taproot activation. I wonder what the reason for his massive dump is. Might have to wait for 120$ to get in, seems possible from here. What do you guys think? Does any of it makes sense? BSV seems to only be connected to BTC, not reality. Thoughts?

When I looked at the market a few months ago ( bsv minus the drama ) 130 seemed cheap to me, still does. There's some micro gambling apps coming out on bsv now,,, interesting , shrug, with cores taproot, and attempt to enable blind trusts again? and some questions around rigged eth/tether/solana there's a few waves in the market ,)

Today/tomorrow might be the day https://twitter.com/CarolinaBolado/s...02018544848904

I feel your pain Jack. Betting on CW is a momentous exercise in patience. He's a black box filled with riddles.

I went into this trial not expecting much, but when I heard that the bitcoin.org domain-name receipt was submitted by the defense I couldn't help but get excited. Sadly, I don't think the receipt will be presented/debated in this trial. Another let down to add to the list.

There's also this notion that "coins will move no matter what". I've always doubted that claim, chalking it up to another of Craig's drunken rants, and it's looking less likely by the day.

With that said, I'm in the process of accumulating 3,800 more coins, bringing my BSV total to an even 20K coins. This trial has increased my confidence from 90% to 95% that wallstreet will eventually accept Craig as Bitcoin's founder, plus BSV is on the cheap right now.

BSV is blowing in the crypto wind. Its been that way for years, minus the random spikes we saw earlier this year. Btw, I later heard that those spikes were caused by a big miner that temporarily focused hash power on BSV, but I'm yet to understand how that affected price (if anyone can comment on that it'd be appreciated).

I don't know how to trade BSV in the short term. It's very unpredictable. I'm only confident in the long term trade, ie 5+ years. On the long term scale, the price today barely matters. If we're going to $5K, does it really matter if you get in at $150 or $200? Today's price only affects how many coins you can purchase with your available funds.

I love this headline:

Beautiful way to point out that Bitcoin is finance, not religion.