/biz/ - Business & Finance

>>52662455
Monero and BSV the most shorted coins... really makes you think (((who))) is behind that

>>52662455
Yesterday's little short squeeze..

More to come on the road to 12/12/2022

>>52662458

If like satoshi told so, but it's a scam remember

>>52662604
Regardless of the project itself, i think this short squeeze is a pretty good opportunity to make money, could be one of the biggest short squeezes in crypto ever

>>52662535
Similar flare up happened yesterday on Bittrex too, but the source is Bitfinex shorts liquidating, so i think the maxmum gain can be obtained by trading on Bitfinex.

Yall should be thankful for this free DD

TradingView says short interest for BSV is only $50k on Bitfinex, daily BSV volume is $64M.

>>52662883
Volume on bitfinex is much lower than that though

>>52662883
The bulk of the shorts seems to be on the BTC/BSV pair:
https://www.tradingview.com/symbols/BSVBTCSHORTS/

>11515 BTC of shorts
If I understand correctly, that's almost 200 million $ of bsv shorts versus ~1 million of longs.

All of them need to be closed by december 12,
and considering that bitfinex does less than 200k daily volume on bsv...
If i did the math right this will be a MASSIVE short squeeze

It's very interesting. Over the last 2 weeks I bought 100 BSV off Bittrex. Hopefully it goes my way.
Messing around with BSV it's fast as hell. keep sending a half a cent back and forth with the wife. Kind of amazing actually and all on the base layer.
It's making me a big block believer. Way easier than lightning and no third party to trust.

>>52663061
volume of btc/bsv is 1 btc on bitfinex and the orderbooks are empty. There is literally no way to close these shorts.
Is bsv/btc trading restricted on bitfinex?
are bsv withdrawals going through?

>>52663114
>Is bsv/btc trading restricted on bitfinex?
Spot trading is not restricted, i just managed to deposit some bsv and put some limit sell orders.
But according to their announcement ( https://www.bitfinex.com/posts/868 ) margin trading is in close-only mode. Since yesterday, customers can only reduce their margin positions on BSV/USD and BSV/BTC, and margin trading will be disabled on 12/12/2022 (all remaining open positions will be settled).

It is indeed an extreme situation, not sure what's going to happen cause, just like in the case of the GME short squeeze, this is basically a shitton of naked shorting, and I'm not sure how they can get out of it in such a short time frame... there is probably a significant counterparty risk (eg. some of the big shorters getting margin called and not being able to pay, therefore putting the exchange itself at risk).

>are bsv withdrawals going through?
I havent tried to withdraw bsv yet, my bsv deposit went through but it took more than a day, I had to contact support and they manually processed it

> there is probably a significant counterparty risk (eg. some of the big shorters getting margin called and not being able to pay, therefore putting the exchange itself at risk).
This would be ideal, they'd have to buy BSV from other exchanges to cover. They can probably just print tether to cover this BUT which other exchanges hold BSV and Tether?

the five stages of bagholding:
denial
>'This stuff can't go down, new paradigm!'
anger
>'OMG these fuckers won't stop selling, diamond hands everyone!'
bargaining
>'Short squeeze incoming! We'll recoup some of our losses for sure'
depression
>'Cant do shit, there must be a whale conspiracy to keep the price down'
acceptance
>*sells*

>>52663343
where is this quote from?
btw I tried to withdraw a small amount of bsv from bitfinex over 24 hours ago and it is still processing. I also withdrew btc and it was withdrawn in a few moments.
I'm wondering if they are suppressing trading based on the lack of volume. It's not just low, it's non existent

STIFF

>>52663423
quote is from here >>52663213

They might be having some bsv wallet problems, since bsv has gigantic blocks now, they might be having issues and maybe only able to process deposit and withdrawals manually..
Do contact support about it and let us know if you end up getting the bsv out.

Alternatively they might be willfully not allowing people to withdraw bsv, cause they need all the bsv they can get to settle those shorts.

On my side, i jujst plan to sell the bsv on there for some stable and get out of the exchange through stables, so im not too concerned about being unable to withdraw bsv. But on the other hand, I do smell a high overall risk here.

On one hand i wonder what pushed them to disable margin on bsv at this point, maybe giving the current exchange blowups, their risk department examined the margined coins more in detailed and realized how mess the bsv situation was.. not sure they took the best decision though, imo they should have left more time for people to close positions cause unless they have a trick up their sleeves, this will be a bloodbath. Not sure if it could cause Bitfinex to become insolvent, but if i understand things right it could be a mess potentially.

>>52662458
It does make me think.

>>52662455
look at this book imbalance damn, there is 0 liquidity...

my last trades with this, kek
i remember going full STIFF and losing shitloads.
worth it for the memes

>>52664116
0 liquidity and we can deduce there is a hidden 200M buy order. Makes no sense to me.

>>52664259
you got STIFF'd!

Now it's your chance to make it all back... in one trade...

>>52662592
That one is crazy good

>>52664287
it begins

>>52664275
yeah i honestly dont understand... are they gonna try to settle the shorts OTC? or will they just close the bsv margin and not give anyone their money...
From what i can see right now it seems impossible to settle all those shorts on this market, idk if im missing something

>>52664300
Stole from some anon yesterday, he had some really good ones

>>52664307
Im gonna sell them one bitcoin for 200 million

>>52664495
It gets worse as bsv price goes up. Say bsv price doubles, that is now $400M in the hole. Say it goes to early 2020 values, we are now talking well over $1B hole. At those levels, bitfinex insolvency potential is real

>>52664594
we will see /bsvg/ threads on /biz/ soon

>>52664639
I'M SQUEEEEEEZING

>>52664594
the parent company to bitfinex is called ifinex, who own tether, this could cause some real problems for the entire crypto market if it gets bad enough. there's no way for them to just print tether and buy their way out of this.

>>52664639
One of you autists should start one. I'm feeling very stiff and very comfy right now. Core cucks can buy my BSV for 1 million each.

Imagine not buying bsv at this point

Buy bsv

>>52664301
Good luck fren!

Alright, I'm in. got my sell orders are placed at $1000, cause I'm not greedy.

>>52668461
and now we wait...

>>52668461
A scam wick may tap $1k if you're lucky.

>>52669039
I had my sell order at 100 but you've convinced me to move closer to 1000... no reason it shouldn't hit 1k desu

Tfw went balls deep in bsv in 2018 been bagholding since.
Craigs trial was hyped af. There was a lot of hype for BSV when it was 200-300$. A lot of OG bitcoiners got Vishnu pilled and learned that its truly the rightful Bitcoin. Stiff posting was common and craig was supported by biz cause hes basically cryptos version of trump. Then all the momentum died out over the years

>>52669464
Blockstream jews moved in to distract and divide.

$42000 usd june 2023

>>52669464
soon we might see those prices again, I can feel it in my jellies

>>52662458
yeah

>>52665171
Surely they would have thought about this as a possibility when disabling withdrawals though? Do you honestly think they are that shortsighted?

>>52669670
tether is a glowie tool that will dissolve when used

>>52662455
just saw this on Twitter, thought it might fit here

>>52669670
If the whale was hedging his short with a bsv.usd long on ftx, he and finex are fucked. Yes they are short sighted for naked shorting the real bitcoin

>>52669558

sui / make it?

>>52672835
literally 1 coin. It is a joke how long people are taking to seize an amazing opportunity

https://www.tradingview.com/symbols/BSVBTCSHORTS/
https://www.tradingview.com/symbols/BSVBTCLONGS/

11,474 BTC short
77 BTC long

That's $193,566,380 USD going into buying BSV. Now clearly Bitfinex doesn't have this kind of liquidity, they'll have to go shopping elsewhere for their BSV. A smart man put's his limit sells on those exchanges. This is going to be nuts, in December we get to see a $200 million open market buy order for BSV and thanks to the delisting of BSV on most exchanges the orders books have almost no depth.

>how do we reset the monetary system without everyone getting rich?
>suppress it with fud and naked short selling
>short squeeze it

gme and dogecoin were simulations

Where should I buy some if I were to buy on another exchange?

>>52663108
Totally organic post.

Those numbers are utter works of fiction
>Bsv
>Etc
>Eos
>Xtz
Nobody is ever long these coins because they never go up

>>52673537
https://www.coingecko.com/en/coins/bitcoin-sv#markets
Here's the exchanges where it's traded

>>52673556
>he doesn't keep sending a half a cent back and forth with the wife
The entire thread is heavy with Odor l'merde

someone should check the sell orderbook depth to see if all these exchanges combined even have $200 mil in sell orders available, guessing they don't. We might see a situation where all orderbooks get cleaned out.

>>52662455
checked. reminder that calvin ayre is a pedo!

>>52673618
I can't see more than 6k bsv on each okx and huobi
now how many bsv sit on coinbase and gemini?

>>52672894
>>52673426
>>52673522
Stop it, I can't take it anymore!

>>52664639
/bsvsg/

>>52673579
if someone is naked short, they are contractually obligated to long to close their position. What makes you think tradingview is misreporting the number?

i cannot wait until BSV fags rope themselves and it is never mentioned on this board again. even been would be creg's public apology and suicide.

>>52674853
bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv bsv

>>52674853
BSV BSV BSV THE REAL BITCOIN BSV BSV BSV

>>52674367
maybe there is a possibility bitfinex will just be like, "okay you were short and bsv is now 40$ so on December 12 you made X $." And they just give people the money from bitfinex accounts, rather than buying bsv on market to close all the shorts? I guess they aren't obliged to actually buy the underlying right?

>>52675143
Also I don't understand how there can be such a big imbalance.of longs and shorts, isn't there supposed to be at least one long for every short? How can there be more shorts than longs? Who are they "borrowing" their bsv from?

>>52662604
in 2 weeks creg write will destroy the bitcoin!!

>>52675174
From bitfinex obv

>>52675143
I suppose it is only those who are long the contract will be screwed. But they are incentivized to buy the spot market, driving price up until the margin closes. Majority of bsvbtc shorts started in May this year, my guess is shorts are underwater or breakeven at best
>>52675174
Good question, I believe you can use btc as collateral. As the price of bsv goes against your position, yout margin will need to adjust or you will be liquidated, causing a forced buy or sell on the market

>>52662455
How can we make the plebbit apes aware of this? BSV is on Robinhood so there is a lot of potential there.

>>52662455

Reeks of Craig trying to scam money because he's broke as fuck.

Fuck off Craig no one is short squeeze memeing the pile of shit that is bsv.

>>52675398
Absolutely kvetching rabbi

>>52675360
true, robinhood could help triggering the short squeeze, but we need to act fast cause the deadline is December 12

>>52675398
that's an interesting theory but if you look at the sentiment towards bsv, it wouldn't be surprising to learn there was shady manipulation against it -mass delisting being one example. The data supports that bitfinex or one of their customers, may be wrapped up in a massive naked short. And the market can exploit this mistep

>>52662458
don't lump Monero in with that disgusting cretin coin

>>52662880
I don’t want to send bsv to bitfinex they could pull aFTX at any time . Doesn’t feel safe

>>52671125
Maybe it is the opposite... Let’s say Bitfinex is already insolvent. Like completely fucked. And the only way to get out of the hole they are in is if some coin does 100x and FAST.
>what do?
>thinking… what coin can do that overnight?
>there is only 1 answer: BSV
Now, accumulate a large stack of BSV while publicly telling others to short it and allowing whales to take massive naked short positions on your exchange. Also do your best to help ensure BSV gets delisted from most other major exchanges so that liquidity is almost 0. Finally, once you have accumulated enough, remove margin trading for BSV and eventually force close all open positions at market price. Since the shorts are massive and liquidity is non-existent, they can’t possibly cover and the price will squeeze to near inifinity levels. bankrupting anyone holding shorts on your exchange. Congrats because you now own Binance (likely) and whoever else was stupid enough to short BSV thinking they could kill it by suppressing the price. Also now your BSV is worth a fuck load and you’re tethers are once again (((fully backed))). This is the gigachad n-dimensional chess move and would be epic, but bitfinex people are probably not smart enough to have thought of it.

>>52675436
muh private coin that mossad can use to fund pedo networks is not the “cretin coin”... Monero’s nodes are centralized and ran by actual commie furries. Embarrassing and disgusting

>>52675360
easy, make a post and liken it to the original gamestop short squeeze. Show them all the facts, water tight due diligence

>>52674941
>>52675076

so who's gonna share this with the /r/ wallstbets fuckers

>>52662455
I think anyone trading BSV should read this first: https://blog.bitmex.com/bitcoin-sv-hardfork-significant-security-risks/

>>52675464
I would do it (in minecraft) but I don’t want to get subpoenaed by US congress and dragged through the mud like they did to deepfuckingvalue over the gamestop squeeze. If such a post were to be written, ideally it would be an anon behind a botnet of VPNs who is outside of US jurisdiction.

>>52675450
ok this is some trippy shit and yeah they could probably bankrupt anyone short bsv on their exchange. holy

>ITT: the smell of desperation
Given up trying to shift this shite on its, uh, technical merits then?

bump

>>52675525
nah fuck that, I already made a thread with everything in it. I took my BSV position years ago so no foul play from my end.

>>52675450
That would be epic

>>52675549
There's some technical merits

>>52662880
I am thankful anons and going to try this one out, been pulling my hair off because missed shorting ftx... so my question was is it possible to get sick gains from kucoin or binance with spot bsv if i buy now? I dont have bitfinex or bittrex accounts and wouldnt want to reg and kyc now again.

>>52675865
No it's been delisted basically everywhere because they make money on trading fees and there wont be anything left to trade for BSV when the market crashes and the patents are enforced

>>52675865
you could buy now, put up a limit sell order with a high price and hope the shorts push the spot price that high on settlement. Or just buy and hold to ride it out once the arbitrage situation arises after the shorts close

>>52675620
link thread so we can bump. Also should start posting the deets in the gme generals here on biz

>>52675958
wallstreetbets won't accept threads about crypto

>>52675865
not many exchanges have bsv, but I made an account on bitfinex yesterday and the verification was immediate, for crypto deposit and withdraw you just need the basic plus verification so no need for proof of address, they just ask for Id and it's verified automatically within minutes. The problem for me was the deposit which took more than a day for them to manually process

>>52666536
>>52666546
yeeeeah

so how high do you think the squeeze will get sqozen?

>>52663559
cringe

>>52676569
0.04 btc was peak bsv in 2019-2020. Peak bitcoin fork (manic pricing of bch) was 0.3 btc in Oct-Nov 2017

>>52676643
meaning?

>>52676731
what happened before may happen again

>>52676731
6.4 BTC = 1 BSV

>>52676731
>>52676569
bsv previous ATH was 440$, so maybe it could temporarily spike around 400 again? cause I'm guessing a lot of people would have sell orders at those levels..

In theory there is no upper limit considering how much the shorts have to buy and how illiquid the books are...

>>52675450
this is an interesting idea desu... what if bitfinex quietly already bought otc the amount of bsv that is shorted on bitfinex. Maybe from a big whale holding a lot of unsplit coins... then they can force the price to explode by forcing all margin positions to close, and they will sell the bsv to them at much higher prices...

Not sure otherwise why they are forcing shorts to close. Maybe the margin position that has been accumulating is too big and they didn't want it to grow more.. but unwinding it so fast seems like a recipe for short squeeze

>>52675458
You realize Mossad doesn't need Monero to conduct its business, right? If you are above the law, you don't need to worry about private currency.

>Monero’s nodes are centralized and ran by actual commie furries.
Source: crack pipe

>>52675886
>>52675900
>>52676030
Ok thank you anons i regd and kycd and put sui schizo limit sell order 6 bsv at 0,420 btc lets see how it goes i think there might be one too few zeroes lol

>>52678116
good luck, I'm trying to buy more bsv but still investigating which exchange has the best price/liquidity now

>>52678924
>>52678116
are you transferring it to Bitfinex in hope of a scam wick or just gonna ride it out on other exchanges?

stiff

>>52679102
my plan is transferring to bitfinex for a scam wick, but since yesterday it did it on Bittrex too, maybe it's fine to keep it on other exchanges as well, as long as they have low liquidity, which is probably most exchanges carrying bsv...

>>52662455
I'm ready

>>52680054
sheeeesh

Just briefly scam-wicked to 47 on bitfinex...

theres not much liquidity out there. Am in for 25k w/ exit at 225k on bittrex BSV/USDT. hat tip to anon if this works out. top oldfag kek if you caught me.

>>52680747
LETS GO BABY

>>52680747
Holy shit guys, i think we're actually onto something.... that quick wick to 51$ at 19:00 corresponds exactly to some bsv/usd shorts closing at 19:00.....

And this is just a drop in the ocean of shorts so far...
If we get more people on this this is gonna be a fucking epic short squeeze

>>52675432
Why is that the deadline

>>52681478
Bitfinex will close margin trading on bsv on December 12, on the 12, any remaining open positions will be force settled:

https://www.bitfinex.com/posts/868

Now, I'm not fully sure if this means all shorts will have to be closed by 12/12, or only leveraged shorts

>>52681558
What if they mean they are switching leverage trading to close only? So the shooters could have any timeline to close out their positions.

>>52681583
The fact that they say margin funding will be disabled makes me think shorting won't be possible anymore (is there any other coin on bittrex with margin disabled where we can verify this?)
maybe you can ask support "what will happen if i have an un-leveraged short position on 12/12?"

It trades on robinhood, what happens when normies buy?

>>52681583
It's currently close only as of 11/28 per
>https://www.bitfinex.com/posts/868
12/12 they then specify all orders will force settle

>>52682403
would be good if we had enough time to let normies know about the squeeze.. could trigger more margin calls and higher overall prices... but there isn't much time, also not sure how well robinhood prices are coupled with crypto exchanges though, normies might miss the actual squeeze

robinhood blocked transfers of BSV into the platform.... My almonds are activated.

>>52682571
hmm reminds me of another time when they disabled the buy button...

>>52662455
Who the fuck is shorting XMR this hard, jesus christ

>>52681693
an unleveraged short position is just the countertrade-so in the case of bsv/btc, an unleveraged short position would be to simply hold btc.

>>52682916

I've sent some BSV to Bitfinex 6 hours ago and it's still not there

>>52683187
I had to contact support and they manually processed it after a day... make sure to contact support, i think their bsv wallet is fucked

>>52683187
they might have an unusual amount of confirmation requirements

Is buying on kucoin a good idea?

>>52683187
why do u think...
they know the position they're in.
there's some definite scrambling going on rn
alternatively this is a short squeeze that has been in the making, intentionally, for a long long time

>>52663108
>bsv
>no third party to trust
LMFAOOOO

if they don't do some gymnastics to get out of this it's gonna be fireworks, and one of if not the biggest story of the year

>>52681281
BSV community has been onto this for a long time bud.
Potential for an insane short squeeze has been absurd for a very long time. This might be the spark that actually kicks it off.

>>52681281
no exaggeration when I say that BSV is the most shorted asset ever in human history.
has the potential to make gamestop look like childs play

>>52683687
In fact, the only reason BSV doesn't pull off a squeeze even more glorious than GME, is that it does not have the traction GME did to do so (via wallstreetbets virulence).
That's about it.

>>52683737
Do you think the squeeze will affect other exchanges or just bitfinex?

>>52683843
like others say, there is fuck all liquidity for BSV.. it's been delisted everywhere. only exchanges left are nothingburger really

>>52683956
so... i would imagine that yes, it will affect all exchanges as these people desperately try to find BSV to cover and realize in horror that they can't get it anywhere.

>>52683737
we should try to push this on other platforms, discord, subreddit, Twitter.. anything can help to bring about a more extreme short squeeze, I'm telling my friends to join in

>>52684443
if wallstreetbets catches on its game over
however reddit is extremely anti-BSV and often censors discussion about it (can't imagine why kek)

>>52683968
imagine where the price goes once the "the real bitcoin" meme starts again.

when cryptobros find dxs.app and tokenswap.. or when NFT minters find relayx.com

BitCoin is inevitable.

there's something fishy about this thread
it's about bsv which is usually fudded on /biz/
blockstream usually has antibsv shills out in full force but they're absent on this thread
the thread reads like a pajeet shitcoin pump and dump
i know this is some kind of 4d scamception

they banned me from the ac discord
why

>>52684811
I agree. Their play could be to have people move their coins on exchange and then not let withdraw. I find it odd that Robinhood is allowing transfers off but not on to their platform. To close out their shorts they would have to have as much BSV as possible. Anytime someone is saying "This is the new gamestop." It probably fucking isn't.

Where do I buy this token?

>>52684711
relayx is garbage, nfts are locked to the site, but.. aside from that, yeah.
>>52684811
could be that "it is time"
maybe this was really a long game play and they're pulling all the FUD-bots now
>>52684913
>Anytime someone is saying "This is the new gamestop." It probably fucking isn't.
by the numbers, it has the potential to be much bigger than GME. whether or not that will play out is another story.

>>52684885
were u njn?
because it's a glow op, like people were just discussing there... they don't want people who are aware of that in the server

>>52684711
gonna be an interesting couple weeks either way... get popcorn boyos

>>52685070
yeah lol
just having some innocent little fun

>>52683583
its bitfinex. this is definitely intentional. other anon was probably right when he speculated binance or some other major player is shorting bsv on bitfinex.

>>52684443
yes. after gme, everyone already knows what a short squeeze is now, so it should be easy to get people on board.

>>52685155
who else is gonna put the heat on glowies if not us
someones gotta tell em we see em, it's the least we can do
>>52685168
if so then i would go so far as to speculate that it's possible craig wright et al have known/been involved from the beginning in a massive 24D interdimensional god-powered hyperchess move

>>52685168
have to say though I don't think CZ is dumb enough to get caught out that badly
unless the situation was like...he got 100% blindsided by bitfinex closing shorts and has absolutely no way out. would be fucking glorious. i cant stand that fucker.

>>52685253
Is it time?

>>52685253
I can´t find the CZ always buy the ban tweet. He knows. He has his bags.

>>52685379
i can only hope its time. sick of these goddamn crypto influencers (incl CZ of course) milking plebs and delaying the proliferation of the real tech to enrich themselves

>>52685408
when CZ has the audacity to say shit like "Nobody is forcing you to put your money into BlockFi"... fuck that guy man. The entire industry is predicated on psychologically manipulating people into buying dogshit. You can say it's "not forcing" all you want, but these people are willfully leading horses to water and basically making them drink too, by abusing psychological mechanisms.

Nothing will happen, ive been holding this shitcoin for years ever since the split from BCH because I hate myself. I own 180 cities on cityonchain. It will never pump ever.

>>52685431
"b-b-but the people didn't do their due diligence, IT IS their fault"
gee, maybe because they work 60 hrs a week at mcdonalds and don't have fucking time to figure out what's really going on, and they trust sociopathic influencers who present things as sure bets because they're fucking impoverished and the whole thing comes off like a "surefire lottery ticket" the way influencers sell it
absolutely sick industry.

>>52685435
the only way nothing happens is if they masterfully slide out of this position somehow behind the scenes
mathematically, on paper, the price HAS to go up as a result of this. If it doesn't, then shenanigans are at play (as usual)

>>52684811
I'm surprised too, usually bsv threads are filled with fud. But I guess in this case it's different cause the short squeeze is just a matter of numbers and making money, it doesn't matter if people actually like or hate bsv, you can still make a shit load of money from a short squeeze

>>52685497
explain to a brainlet why does it have to go up? why is it guaranteed there'll be a short squeeze because bitfinex is closing margin positions?

Hello sers, does having my BSV on an exchange other than Bitfinex make sense? Also, is BCHSV the same as BSV?

>>52685582
if it's a long game play then likely they had FUD bots that they would have pulled
however if this all really is a long play by bitfinex as anon above described, you would think there would be way more news of this spreading.. barely anyone knows about it.
it would make more sense that they would be promoting the shit out of this situation a lot more than it's seen presently. or maybe that remains to be seen.

>>52685613
naked shorting is going on
basically nowhere to get BSV to cover the shorts (delisted everywhere) so very low liquidity
they would have to do OTC to deal with it and avoid a squeeze

>>52685613
There's 200 million dollars of people shorting bsv on bitfinex (short = get some bsv as a loan, sell it now, promise to buy it back later and return the loan).
Now bitfinex is saying all these people have to close their shorts by Dec 12, or they will be closed automatically on December 12. That means shorters are forced to buy back 200 million $ of bsv at any price... so there will be a ton of buy pressure compared to the low liquidity on the books.

It's not guaranteed 100% BSV will go up (maybe some whale will sell them 200mil at current prices?), but at this point for the next 12 days it's much more likely to go up than to go down. The shorters are forced to buy back bsv at any price to close their shorts...

>>52685676
>maybe some whale will sell them 200mil at current prices?
CAAL (TAAL) ((wouldn't make sense for them to dump on a short squeeze tho))
but ya that is a way out. whales selling OTC to their trapped friends is probably gonna happen.

>>52685621
BCHSV on poloniex is same as bsv on other exchanges.
Most likely due to arbitrage prices will spike on other exchanges too, but I think the highest peak will probably be reached on bitfinex, the spike might be very quick, and prices on other exchanges might be slow to adapt and not touch the same peak... You could always split your sell orders across multiple exchanges though

>>52685714
yeah, overall still bullish though, cause 200 mil of bsv that would otherwise be sold into the market will instead just go back into the hands of bsv longers who loaned their bsv to shorters

>>52685735
May Vishnu bless you, ser

>>52685676
thanks for explaining. you'd think bsv shorters must be panicking and majorly pissed at bitfinex right now then. but if that's the case why arent they just buying back right now? its not like bsv has been much lower than the current price so they cant lose much/any money if they just buy back now. i know there's been scamwicks but the fact they dont last just shows others are still willing to sell.

>>52685762
plus no more shorting suppression on bitfinex...
seems legit

>>52685714
TAAL have sold a lot of BSV

>>52685777
its possible there are big players willing to sell because they would rather BSV not have a short squeeze at all (and the exposure etc), than profit off a squeeze.

So the only way to profit from this is essentially hold bsv on bitfinex exchange with a sell order of let's say, 1000$ per coin and wait for the spike. Inevitably the price will normalise back to its current shit because the demand is still weak in general, and on other exchanges.

Is this the gist of it?

>>52685856
demand is higher than price indicates
the suppression is very real.
taking a look at this short situation proves it
maybe we won't see an epic squeeze with OTC maneuvering, but I'd be surprised if the price doesn't go up decently and stay up.

>>52685777
yea I think a percentage of shorters maybe isn't aware yet of the face that margin trading will shut down on the 12th, while some whale shorters might be looking to close their short otc, others might just wait a bit to see if liquidity gets better on bitfinex (so please don't put low sell orders!)

>>52685856
Yeah I think that's the gist of it. In theory we could also make it squeeze higher by market buying on bitfinex thus forcing more margin calls and forcing shorters to buy back at higher prices, that's what happened with GME, but you'd need a lot of people willing to market buy, I don't think this is gonna happen in this case, would need either a lot of people or a lot of capital on our side

>>52685917
people don't understand that the suppression exists because Bitcoin (BSV) obsoletes everything else and shuts their entire crypto ponzi gravy train down.
BSVs market price is laughable, and only exists as a result of perpetual, co-ordinated suppression from all angles. its true market value is much higher than the present $40USD if you were to remove the manipulation

>>52685941
>would need either a lot of people or a lot of capital on our side
maybe there is a lot of capital waiting in the wings.. they certainly wouldn't be saying anything
gonna be interesting regardless

>>52684811
>there's something fishy about this thread
the smell is not fish but stale pajeet:
>short sqeez bsv frens!
fucking lol

>>52686091
>i can't math or i hope others can't

>>52686091
found the bsv shorter

this should have been posted on Stu's Chan
iee..
the spam filter wont let me say here:
Frens
Chin

>>52668461
what exchange you guys using?

>bitfinex desperately trying to get as much bsv on their exchange as possible
no???

>>52684811
They're only short by like 3m on bitfinex. The bsvbtcshorts on tradingview are in bsv you can check xrpbtcshorts to see yourself. 200m in naked shorts when the richest address only has 36m is even too stupid for bitfinex.
The bitfinex dragging down the bsv price narrative has never made any sense because it's always only been sub 5 mil.

>>52687645
>200m in naked shorts when the richest address only has 36m is even too stupid for bitfinex.
>The bitfinex dragging down the bsv price narrative has never made any sense because it's always only been sub 5 mil.

>>52687661
stupid coping pajeet scamming faggot get recked. Enjoy crawling over eachother for a mil in buy orders.

>>52687688

>>52685950
suppression makes even more sense from an accumulation perspective. If the entire world is going to run on bitcoin, running bucket shops is small gains relative to maximizing how much bitcoin you own. There's nothing in history comparable to it

>>52687803
twetchdat

>>52687645
Thanks, 11k bsv shorts makes more sense. I agree 200M is insane

>>52687645
>>52688255
try again faggots

11048 BTC
=
~200 million dollars

>>52688307
As he said, you can check https://www.tradingview.com/symbols/XRPBTCSHORTS to see there is a clear UI error on trading view. Unless you really believe someone is short xrp with 687k btc in collateral (not possible)

>>52663061
>he did the math right with the wrong data

don't know shit about crypto besides the basics

why buy BSV?

>>52688577
uses the restored originak bitcoin design including full scripting abilities.
only coin to scale up using bigger blocks.
uses the original genesis block as its origin.
means that this coin can do what every other coin does but cheaper and faster and at greater scale, makes them all redundant.
You could build an ethereum emulator and run it inside bsv cheaper and faster and at greater scale than the native ethereum.
Instead devs are building tools to just put all boradcasted block data from ethereum into bsv and they also have a tool to easily convert eth contract code into bsv.
this is being done to pull all devs into bsv when the patents get enforced.

>>52662455
How the Fuck do i Buy????? all the exchanges Delisted??

>>52688697
interesting, thanks. Is Kucoin a decent exchange to buy from? ty

>>52688719
boy thats strange

>>52685856
Wait why would it have to be on bitfinix? Wouldn’t it squeeze on Bittrex and Robinhood too?

>>52688781
I am trying to pump your bags you dumb fuck. Tell me how to buy you Nigger Faggot Bitch

>>52688828
haven't the foggiest mate

>>52685091
Based twetch enjoyer

>>52688828
That’s a chick with a dick and you’re calling people fags. I’ve banged a tranny before but that’s hypocrisy.

>>52688697
Show me a deployed smart contract

>>52689093
I'll do you one better, show you entire applications using BSV as the backbone.
Check twetch.com for a web 3.0 twitter running all content on chain.

Cryptofights is a Dungeons and Dragons ruleset turn based game that stores every single player action and digital item on chain. It serves not just as a game but also a proof of concept for the API that the company is rolling out for integration into other game engines. It'll enable cross platform game items with preserved stats and real world scarcity / value.

There's a bunch of cool shit being built behind the scenes but the dev's have been holding their cards close to the chest until its ready to start marketing their apps.

>>52689093
>>52689492
everything else becomes a joke once you actually use BSV for a while
probably because, idk... it's Bitcoin

>>52689093
The amount of ignorance in the post is overwhelming

>>52688719
You can buy on bitfinex, poloniex, huobi, bittrex, okcoin, hitbtc, kucoin, aex...
or apps like changelly, handcash...

id just buy directly on bitfinex for the squeeze desu

>>52689093
Why not deploy one yourself? It's pretty simple with scrypt (higher level smart contract language that compiles to bitcoin script):
https://scrypt.io/
The creator has freaking neural nets and zero knowledge proof shit running on bsv: https://xiaohuiliu.medium.com/

>>52669558
Make that $70k usd

>>52664639
You people already try to start sv generals and they get laughed off the board.

>>52691468
Because these retards only understand price. When the price goes up they will be willing to learn.

>>52662455
How do I reproduce your long/short chart? is there a website that looks at all longs and shorts of different coins?
thanks

>>52691540
>When the price goes up

Yeah $1200 this year right. Oh wait that was 2018

>>52691812
Yeah, idiots only focus on irrelevant shit craig says, of course he can't know what the price will be, you must be a moron to think so from the beginning. He's just keeping idiots busy.

prove that there is 200 mil of shorts
>>52687645
>>52688341
these posts are destroying the idea of a squeeze being possible. no exchange is short 11k BTC worth of BSV

>>52691955
I could but I won't, figure it out yourself

>>52691851
The funny thing is anon that you think his real gambit is competence (this part only fools you) feigning madness to the detriment of his enemies in some 7D hopskotch game, whilst what he is really doing is greed and madness feigning competence feigning madness so that he can scam as much money as possible out of calvin before calvin gets wise, and dump on retail (thats you) with the imminent 'coin recovery' shit whereby he steals the real SNs assumed mined 1 million coin outputs that were cloned to the bch chain and subsequently the SV chain, and all whilst having a convenient excuse for the many genuine mistakes he is making along the way by making you think that theyre deliberate just to keep bitcoin maxis off balance. And anything left otherwise inexplicable after all that is just his "autism" right? lol.

You see, you think that all craigs lies and bullshit are keeping the enemies of True Bitcoin busy whilst he conveys his friends to the promised land or whatever, but you dont realise that craig doesnt have friends, and all his machinations are actually aimed at you guys because you believe it actually has a non self serving purpose, and maxis do not. Youre the people who are enamored with, tranquilized by and taken in with craigs lies, not them. I dont expect to convince you of this so im just here to laugh at you as i lay out his entire scam right under your noses and watch you continue to harm yourselves by being involved with it regardless, before craig eventually exits on you and leaves you rekt and heartbroken. It amuses me and its what you deserve for not having hit the ejector seat on this shit by now. Or maybe youll actually wake up a little bit and craig loses some support and his scamming comes to an end marginally sooner, as seems to have happened with the Twetch wing of the BSV cult to some extent.

You seem to like gambits, so ill tell you the name of this one: Xanatos.

>>52692332
>trading $half mill+ of ETH into under $30k of bullshit

Can you all stop trying to turn this into a bsv thread?
This is about the potential short squeeze, doesnt matter how good or bad bsv is, fundamentals are irrelevant

>>52692386

Many such cases with these morons anon, many such cases.

>>52692419

Youre not fooling anyone with that, this is a BSV cope/boiler room thread.

>>52687645
so u saying that a few days ago price jumped to almost 70$ because a guy bought 1300 bsv?

>>52693458
There is, no question, something going on with bsv and bitfinex

>>52662592
This is fucking art

The squeeze will be squozizzled. BSV to $1200, this time unironically. Well, maybe anyway kek

>>52692332
>>52692478
EMOTIONAL DAMAGE!!

>>52695119
forgot pic and txid

Yes, BSV is an intelligence test. I don´t know on which side of the bell curve I am.

>>52694424
>This is fucking art
No it's not you faggot. It's just an optical illusion composed of nonsensical shapes, like every single AI generated imagery that's ever been posted here.

>>52695596
you just described art, dingus

>>52695634
>all art is optical illusions

>>52662455
kys craig