LTC about to flip BSV You have to be shitting me. BSV shi…

Twetch ·

LTC about to flip BSV

You have to be shitting me. BSV shitcoinery is rampant.

Replies

Twetch ·

LTC was an exit scam and has no development. Pretty much every crypto will be an exit scam now that I think about it. BSV is one of the only coins that has a protocol worth mentioning. The crypto market is a scam so I wouldn’t bother with rankings.

Twetch ·

All of crypto is a ponzi without usage, even BSV. We buy and hope fools buy after us to make money off of them.

Protocol is fine but there aren't many reasons to use it currently. Stays a ponzi till people need to buy it for usage rather than for trading.

Twetch ·

But BSV is actually being used on multiple platforms and can even be used as a remittance. I can send BSV to someone in another country and they can convert it to their fiat without the use of a middleman.

Twetch ·

ETH has way way more usage, but nothing useful enough to make masses care about blockchain. It doesn't scale either. It is still miles ahead of BSV though, in terms of development and adoption.

It may take years until BSV has proper use cases & adoption.

Twetch ·

It doesn’t matter if it is trillions of miles ahead on usage if it doesn’t scale. Make it quadrillions of miles ahead, still doesn’t matter. If ETH can’t scale then it is literally useless. BSV can scale so that makes it quintillions of miles ahead of ETH.

Twetch ·

I totes agree with that, but I'm just pointing out the current state. Twetch is about the only thing I find useful on BSV atm, whereas ETH has tons of games (read: gambling dapps), DEXes, collectibles, marketplaces etc. BSV needs lots of usage development.

Twetch ·

BSV has plenty of great platforms: Twetch, WeiBlock (Chinese version of Twetch), Baemail, CityOnChain, Streamanity, and whatever other ones people are about to tell me I missed.

Twetch ·

It feels very much like a proof of concept phase to me, but it's definitely a start. Most things are a minimum viable product right now. I think Twetch is the most promising, but it still needs much work before it can succeed.

Twetch ·

If you look here, BSV dapp usage is VERY low.

Even twetch is only few thousand txs a day

🤷‍♂️

https://trends.cash/ranking/

Twetch ·

That’s because most people in crypto haven’t figured out that BTC, ETH, XRP and others are all useless scams that wouldn’t even exist if it wasn’t for the original Bitcoin Protocol (which is now BSV). Only a few thousand? That’s thousands more than most.

Twetch ·

TY for the link. I couldn't get a clear picture of daily use on https://bitcoinblocks.live/.

Without WeatherSV, Preev and BlueSV the volume is embarrassingly low 😶

BSV seems way overvalued for its current use. Future use seems promising though.

Twetch ·

I'm hoping Satoshi will move coins in July and becomes world news to shine some light on BSV. Otherwise it's gonna take a long time to build awareness.

Kind of expecting the court case to be delayed yet again, though.

Twetch ·

That’s what happens when people look at knock off versions of the original Bitcoin protocol, they buy BTC, BCH, ETH, XRP and all the other scams. Obviously usage is low, all the money is in scams atm.

Twetch ·

He shouldn’t move the coins because then all the scam traders will dump their coins on clueless people and bankrupt them. He should let all the other cryptos crash on their own so everyone learns their lesson and doesn’t profit off of BSV.

Twetch ·

Pfft, ain't nobody got patience for that! 😜

Yea, it'll happen on his terms. No idea what he'll do. But I think he'd rather sell a chunk at least somewhat high while it's still possible. Clueless people will get rekt either way.

Twetch ·

Selling Bitcoin for fiat is literally the opposite of what you’re supposed to do with Bitcoin. It’s supposed to be the other way around, fiat is supposed to go into Bitcoin. BTC isn’t Bitcoin so it makes sense to sell that though.