Twetch ·
It's the same people who run the current financial system. It's going to keep happening until a black swan event occurs. They take profits to buy/accumulate the real BitCoin, while also forcing regulation due to their market manipulation. It's a win-win.
Twetch ·
It just seems like such an interesting time for the entire market to dump. BSV completes the Genesis upgrade and while everyone is celebrating the entire market enters free-fall. I’m assuming they are using BTC to crash everything as per usual?
Twetch ·
I don't think it matters how they are doing it, even if they are using BTC. 90% of the coins out there are branches/derivatives from the original BitCoin codebase. The branches will all be absorbed back into BSV before other coins hit zero. Don't worry.
Twetch ·
I just purchased a batch of BSV right before it started dumping. Lol. I’d much rather be buying now. 😂 the BSV that I purchased is still stuck in my KuCoin wallet and I can’t make any withdrawals or deposits from the wallet due to maintenance. 😫
Twetch ·
When it’s $1,200 a coin you won’t be complaining that it went down by 50$. Man up, that’s how the market works.
Twetch ·
I think multi-thousand dollar purchases is man enough.
Twetch ·
Think big. Unless you really know whats up don't play the small moves. Think in years! Often a pennant symmetrical triangle fakes going down on low volume before following thru on the continuation pattern. But why bother with that short frame of reference
Twetch ·
I have no interest in selling any BSV right now. I’m in accumulation mode.
Twetch ·
I wouldn't really call this a dump, a month ago BSV was under $100. A pull back is expected. Look at it over a longer time period.
Twetch ·
That’s why I indicated that I wasn’t referring to BSV specifically. I’m completely aware that it is not BSV alone. What I asked was if anyone had any idea on what could be causing the dump. I know the longterm vision but I’m asking about now.