/biz/ - Business & Finance

>>16850812
I sold most of my position. I'll buy back in when it's back down low and boring again.

>>16850826
Yep no rally can continue forever. I think there will be a decent pullback. I wouldn't be surprised to see below $250. If things go wrong for Creg back below $100.

>>16850826
>>16850841

What do you see as a long term price for BSV?

What is your plan if BSV continues to go up and never goes back down? Are you just going to miss out on the largest bull run because you tried to predict short term market moves?

Good luck with that.

>>16850879
>What is your plan if BSV continues to go up and never goes back down?

there's no reason for this to happen. No fresh news and the upgrade has not been successfully implemented yet. A pump like this is not organic and I there could be another major dump- just like on the previous two occasions.

>>16850920
I am assuming you bought BSV because you thought it was *undervalued* otherwise there would be on reason to buy it.

Then the asset moves towards it's real market value, and you call it a pump and not organic. Once it hits it's fair market value, and more people are exposed to it, why do you think it would return back to being undervalued again?

Realistically, the fact that it's still below BTC in price despite the massive utility advantage, should tell anyone that how under priced BSV is.

>>16850826
>>16850841
ya it will pull back to $700 once it reaches 900.

>>16850995
I tend to look for predictability in markets. Just saying it's "undervalued" doesn't mean much.

>had $1000 in bsv for a year
>sold to buy other shitcoins a couple weeks ago
>gets pumped
I'm tired of losing

>>16851113
prepare to get rekt faggot

>>16851142
no YOU rekt

>>16851124
That is the only thing that matters, you think finding a pattern in a line means anything without context? Boy you are in for a rude awakening.

TA is a meme

>>16851181
Speculators keep shit like this alive and that's reality. I don't give two shits about any of the nonsense and drama.

>>16850812
>The party has just begun
famous last words

>>16851124
so you think it closes below $300?

>>16850812
https://www.youtube.com/watch?v=eNc5X17a_sg

THIS LOOKS LIKE A SCAM

>>16851387
I'm saying any significant gains to be made near term are more likely to come from shorting it than from being long.

>>16851482
my meme lines say otherwise

>>16851600
I suppose if you were x50 and knew how to time it well you could do alright but it's still going to fall back hard

>>16850995
Well said. High IQ detected

>faketoshi lying as always, judge is done with his bs and sets a hard deadline
>calvin tweeting in legalese
>bsv pump on chink exchanges usdt pairs (wash trading bots)
>fake social media accounts and biz bsv "organic" shitposting at an ATH

"Bsv is finding it's true value"
Pfffffftahahaha

>>16850995
Look at liquidity and rope yourself
This is a text book pump and dump

>>16851722
Well I'm a real anon and have been shilling BSV for ages.

If your scenario plays out I'm financially ruined and I feel a 30% of it happening. Good odds in my book

>>16851733
wish i had a bitifinex account with 1k on it. would fucking short so hard

>>16851740
why not cash in 80% of your holdings right now?

>>16851733
>1.2 billion
>low liquidity
brianlet

>>16851758
Even IF its a scam I don't think they would pull it now and I believe they have something to keep it going.
Im betting on it being either real or a scam that will go on for longer.

Think about it, with current liquidity they can maybe make a couple hundred million tops.
If they keep going and wait for a big exchange to relist they can milk it way harder

>>16851822
just sell 20% then

>>16851760
That’s not “billion”
The absolute state
https://coinmarketcap.com/currencies/bitcoin-sv/markets/

>>16851859
24h volume literally 5 B

>>16851933
LIQUIDITY
can you fucking read?
as soon as bsv starts crashing you will literally see a bank run

>>16850812
you have 1 exchange with 1 million liquidity
lol

>>16851124
>memelines

>>16851998
>fits perfectly in those memelines

>>16851722
Get a load of this cope.

>>16851831
Never selling Bitcoin, faggot.

>>16851943
That goes both ways. NO SELLERS
With upward momentum it can just as easily pump further since there are no sellers (yet)

>>16852011
I drew a resistance line from .034 top and the .029 top. Yesterday my memelines told me that around .024 there would be heavy resistance and BSV would likely go back down.

Memelines are fake and gay. If they don't work for you something else must have happened and if they do you're obviously a genius.

>>16850995
Because nobody uses the sites that sell it?

>>16851139
You deserve it for not beleiving