I foresee Bitcoin(BSV) will soon be recognised for what it …

Twetch ·

I foresee Bitcoin(BSV) will soon be recognised for what it is truly capable of, I foresee a run on BSV as not witnessed before in this space.

As there are and will be no doubts as to whether it scales and offers thousands of usecases.

Replies

Twetch ·

Bitcoin(BSV) has a fixed supply, combined with limited liquidity on exchange, it is the recipy of rocket fuel.
This price increase drives miners to BSV, increasing competition and security.
More node decentralization, I personally think 100 nodes.....

Twetch ·

...is more than enough.
there are 3 drivers of demand!
1) demand to buy something now
2) demand to hold to buy future goods
3) demand to hold to speculate

Option 3 is the main driver of BSV today, 2 will become more obvious over time if not already.

Twetch ·

Thx J.Laskey for some of this information 👍
I think however that if this does happen and price goes ballistic we will see some violent volatility, which may spread the usual negativity around it’s potential of becoming a usable form of cash.