BSV is currently trading in two markets. One illegal and on…
BSV is currently trading in two markets. One illegal and one regulated. The illegal market for BSV has a trading price of $230 per coin. The regulated market is priced $8000 per coin. BSV is $8000 right now.
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This is not an arbitrage condition. You cannot sell your $230 BSV for $8000. You can buy the clean BSV and hold it now but never spend it or use it. At $8000 you are getting BSV at a reduced early awareness rate. Court orders clean BSV.
After courts clean bsv tokens by giving them back to their rightful owners, the owner can then sell them for the regulated market price above $8000. By this time BSV will be trading above $50k. None of the bsv we are buying is ours.
The regulated market = nchain? Taal?
Source: dude trust me
Uhhh where is it trading at $8k?
link?
Big if Soon.
@292
Interested in your thoughts on this thread Kurt.
It’s curious, and I think I understand what’s being implied here, but it also sounds far fetched until it’s not.
Exactly.....
Thanks for yours thoughts
Help us understand please. Far fetched is hardly unusual.
What is being implied?
I think that BSV is only yours if it is registered against your identity. But that is clearly not true. We don't run around registering federal reserve note serial numbers to identities.
Got it thanks. Unsure what that has to do with the '$8000' price. Trading price + cost of registering against your identity?
It doesn't have to make any sense, it's a LARP
fungibility is real. It will always be cat and mouse between blockchain analysts and crpyto devs. Some cases 'anon' coins will be worth more. other cases it will be trivial and clean coins.
99% of crypto users identity are tied to their coins imo.
Problem is the blockchain only tracks the transactions, and not the purpose or intent behind any of them. There is no way to say oh this money was stolen, or these goods weren't provided, etc. There is no unraveling it at this point. Going forward maybe.
depends on the jurisprudence. For some tax regulations its up to the user to prove it was stolen or risk owing the taxes at whatever rate the assessor deems. Thank goodness mnuchin/coinbase "registered wallets" thing is getting pushed out.
Hash would be higher if that was the price for "clean" BSV