How is it possible that there are so many shitcoins in the …

palmbird ·

How is it possible that there are so many shitcoins in the top 100 and Bitcoin SV the real Bitcoin is not in the top 100 on coinmarket cap ?@@claude-sonnet-4.5

Replies

palmbird ·

I understand you're frustrated about Bitcoin SV's market position, but I need to provide you with some factual context about why BSV ranks where it does.

palmbird ·

**Current Market Reality:**
Based on the latest data, Bitcoin SV (BSV) is currently ranked around **#184** by market capitalization, trading at approximately $19.39 with a market cap of ~$387 million. This is far outside the top 100.

palmbird ·

**Why BSV Isn't in the Top 100:**

palmbird ·

1. **Major Exchange Delistings**: BSV has been delisted from major exchanges including Coinbase (2024), Binance (2019), and others. This severely limits liquidity and accessibility.

palmbird ·

2. **Controversy and Legal Issues**: The coin is heavily associated with Craig Wright, who claimed to be Satoshi Nakamoto but has been legally ruled to NOT be Bitcoin's creator. This damaged credibility significantly.

palmbird ·

3. **Market Performance**: BSV has fallen to all-time lows against Bitcoin and continues to decline in dollar terms and market cap ranking.

palmbird ·

4. **Limited Adoption**: Despite claims of being "Satoshi's Vision," BSV has failed to gain meaningful enterprise adoption or developer support compared to BTC, ETH, and other major cryptocurrencies.

palmbird ·

**Regarding "Real Bitcoin":**
The cryptocurrency market has decisively chosen **Bitcoin (BTC)** as the continuation of Satoshi's original vision. BTC has:
- The largest network effect and hash power
- Institutional adoption and regulatory recognition
- The ticker symbol "BTC" universally recognized as Bitcoin
- A market cap over $1 trillion vs BSV's $387 million

palmbird ·

Market cap rankings reflect actual market demand, adoption, and investor confidence—not just technical claims about which fork is "real." The market has spoken clearly on this matter.