Get started

Craigwright

Bitcoin SV Poised for a Breakout Amid Craig Wright's New LawsuitBitcoin SV ( AMEX:BSV ) has been making headlines once again, largely thanks to the latest controversial actions of its most vocal proponent, Craig Wright. The Australian scientist, who has long claimed to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is back in the limelight with a new lawsuit. This time, Wright is suing Bitcoin Core developers, insisting that Bitcoin SV is the true embodiment of Bitcoin, and seeking a staggering £911 billion in damages. As the legal battle unfolds, the market has taken notice, with BSV’s price seeing a modest 3% rise. But what does this mean for Bitcoin SV ( AMEX:BSV )? Craig Wright Claims Bitcoin SV is the True Bitcoin Craig Wright’s lawsuit targets Bitcoin Core developers, accusing them of altering Bitcoin’s original protocol with updates like SegWit and Taproot, which he claims have strayed from the original vision set out in the Bitcoin whitepaper. Wright argues that Bitcoin SV (BSV) remains faithful to the initial protocol, positioning it as the true representation of Bitcoin. However, this lawsuit follows a series of legal losses for Wright, most notably a ruling by the UK High Court that discredited his claims of being Satoshi Nakamoto. Despite this, Wright presses on, asserting that Bitcoin SV’s undervalued market position is a result of these misrepresentations by Bitcoin Core developers, which he believes justifies his demand for £911 billion in damages. Legal Controversy: Community Reaction Wright’s lawsuit has been met with a mix of skepticism and criticism from the broader crypto community. Prominent figures, including Hodlonaut, who previously won a defamation case against Wright, have mocked the legal action. Hodlonaut sarcastically suggested that Wright might be using AI tools like ChatGPT to craft his claims, reflecting the broader sentiment that many in the community consider his actions to be legally and factually baseless. Bitcoin SV Price Reaction: Small Gain Amid Legal Drama Despite the controversy, Bitcoin SV’s price saw a 3% jump in the last 24 hours, trading around $51.23 with a 25% decrease in trading volume, signaling that while the market is reacting, the enthusiasm is not overwhelming. The price touched a daily high of $51.91, showing that some traders may be betting on a bullish outcome. However, with skepticism surrounding Wright’s claims, many are cautious about any long-term bullish sentiment based solely on the lawsuit. Open interest in BSV ( AMEX:BSV ) futures has also risen by nearly 5%, indicating growing interest in the token despite—or perhaps because of—the legal drama. Whether this interest will translate into sustained gains remains to be seen, but the increase in futures activity suggests that traders are closely watching the situation. Technical Outlook: Is BSV Poised for a Breakout? From a technical perspective, Bitcoin SV ( AMEX:BSV ) appears to be on the verge of a potential breakout. Currently trading above key moving averages, BSV’s RSI (Relative Strength Index) stands at 60, signaling that it’s neither overbought nor oversold, leaving room for further gains. Immediate resistance is pegged at $55, a critical pivot point that could determine the direction of the next major move. If BSV ( AMEX:BSV ) manages to surpass this level, it could trigger a rally toward its next target of $115—a level that aligns with the highs from March 2024. Such a move would mark a significant recovery for BSV ( AMEX:BSV ), which is still far below its all-time high of $423. On the downside, support is currently set at $48, which could offer a favorable entry point for buyers looking to capitalize on a potential bullish run. If BSV ( AMEX:BSV ) dips to this level, a consolidation phase could occur before the token regains momentum. What’s Next for BSV? While the technical outlook for BSV ( AMEX:BSV ) is promising, the token’s future largely depends on the broader adoption and community sentiment surrounding Wright’s claims. As the crypto community continues to question Wright’s legal tactics and assertions, any further developments in his lawsuit could either boost or hinder BSV’s price action. For now, traders seem cautiously optimistic, with the potential for gains in the near term. However, given the controversial nature of Craig Wright’s involvement, Bitcoin SV’s trajectory is far from guaranteed. The next major move could be heavily influenced by external factors, including the outcome of the lawsuit, market sentiment, and overall crypto market conditions. Conclusion Bitcoin SV ( AMEX:BSV ) is trading at a pivotal point, both in terms of price action and its place in the broader crypto narrative. Craig Wright’s continued legal battles have put the token in the spotlight, but whether this attention will translate into long-term gains remains uncertain. For now, the technical indicators suggest a possible breakout, but traders should proceed with caution, keeping an eye on both the charts and the unfolding legal drama. If BSV ( AMEX:BSV ) can overcome its immediate resistance levels and break free from the shadow of controversy, it may see a resurgence, but it will need more than just legal headlines to reclaim its former glory.
Long
by DEXWireNews
$BTC Will Drop to 44,400$ ?As we can see and expect, the price reached $ 51700 and it should be noted that this is a very important resistance range. So be careful with your trades . If the price is rejected from this level, I expect the price to fall to $ 44,400. Last Analysis : Description : The bottom of the downtrend channel still holds the price and as long as we have this support we can expect to reach the price of $ 51700 ... If this Support is lost, the next target will be the range of $ 42000 to $ 44400 ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 06.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
13
Let's play darts with BSV : 3rd explostion timingGiven the pattern we can plan a BSV explostion around september 2021, which gives pretty much time to get ready. Patience is the key especially when you see a lot a s***coins pumping. The advantage lies in the fact that it is being choked and censored, the disadvantage is that there is a risk of implosion, in which case it would not dump fortunatley but not go up either, In any case, it will survive, I guarantee it. Beyond the chart patterns, the fundamentals (TPS, decentralization, preojects etc...) helps that trade if we ommit the CSW double edged sword situation. In this case it's pretty much a nice hedge to sum it up. Safe trade, don't recklessly bet like me but don't miss the turntables though ! ;)
BLong
by VanillaBSV
5
BSV fundamental analysis, this coin has no futurecraigwright.net Craig Wright’s blog post tells everything essential. "Bitcoin is not designed to stop government from freezing bitcoin, and it is not ‘censorship-resistant’. Bitcoin is public. What Bitcoin does is work within the rule of law. Any court action or government and law-enforcement move to freeze and seize bitcoin will be public. When such actions are performed against criminals, few people will see them as a problem. If a totalitarian, controlling government decides to do so, a record is left immutably—for all time and for all people in the world to see. It is thus how Bitcoin counters bad actors. It allows change, but change through sunshine. Bitcoin does not stop people from freezing transactions, it stops them from using illicit money at scale. The thing with strong encryption is that even governments cannot decrypt a file without the key. Bitcoin is not encrypted. Transactions sent on the Bitcoin network are propagated and recorded as clear text. As they are clear text, all UTXOs can be seen, monitored, traced, and acted upon. As the source of all transactions, the input transaction, remains clear text and is easily viewed, it is simple to apply existing rules of following and tracing money and enact court orders for freezing and later seizing bitcoin." In his idea, funds can be frozen and confiscated from people. If there is a possibility to freeze funds, it is not immutable ledger anymore! First he says bitcoin is immutable ledger, then he says funds can be frozen. So absurd. So, actually BSV is not immutable ledger, it is not censorship-resistant. From fundamental perspective, BSV will never be "plumping" of global payment network. Plumping of payment network cannot influence in how much and to whom funds will be sent, plumping of payment network must be only plumping!
BShort
by kullervo88
8
LONG - BSV - Trading OpportunityFTX:BSVPERP has yet to make a move, even with BTC's pump along with all the other perpetual contracts along with it. This MA50 seems like the perfect opportunity to get in before the ride. Entry: 193.52 Target 1: 210 Target 2: 220 SL: 184.59 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
FTX:BSVPERPLong
by ElMomento
Clown Coin (BSV) How can this scam even be allowed to exist? This is just manipulated 100% by futures making money from dumb retail Craig Wright cultists. Market makers are really the only thing keeping this thing alive. The best strategy so far would have been to dollar cost average low leverage shorts, as it's fairly unpredictable when the inevitable dump will happen. However I strongly believe that time is approaching when this joke needs to finally end for good. As relentless as the shills have been, they are running out of things to say that their glorious faketoshi creg sanjay wright will supposedly do in a number of days because he said so in his paid telegram group. Whether Craig himself dumps all his coins or he is as deluded as his followers and CME just simply opens a good old 100x short plus market dump, this could be a good long term or short term short opportunity. Lines up with the BTC halvening which will inevitable draw more attention to bitcoin and away from alts, whether for better or for worse. I think the fib lines on this chart speak for themselves how fake this product is.
BShort
by Etch1234
13
LONG - BSV - Trading OpportunityHoping this bullish divergence breaks us out from this downtrend line, and after hopefully a quick pump back to previous highs. Entry: 278 Target 1: 309 Target 2: 318 SL: 271.49 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
FTX:BSVPERPLong
by ElMomento
SHORT - BSV - Trading OpportunityBearish divergence on FTX:BSVPERP , awaiting some confirmation before going in. Entry: 324 Target 1: 283 Target 2: 256 SL: 344 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).
FTX:BSVPERPShort
by ElMomento
3
BSV/USD Bounce Play Off Previous ATH ZoneTips: moneybutton.com/@kurt Handcash: $Kurt Buy - between $240-$255 Stop Loss - A Daily candle close below $240 Target - wicks at $270-$280 Risk - ~5% NOTE: Signal is for a 1-4 day bounce play, and subject to reevaluation. Elliot Wavers are looking to touch the parabola and take off to $700, but horizontal support and resistance demands a bounce play off of previous all time high between $240-$250 to take a long position with a profit zone of $270-$280 for a short term swing trade. The line that is acting as support was drawn many months ago as it was the peak of the previous all time high. When previous resistance acts as support, the bulls should pay attention. This daily is also arguably a bull flag, and if it goes bullish with strong volume, we may see a new run for a higher target. I will re-evaluate in 1-4 days or at $280 - whichever happens first.
BLong
by kurtwuckertjr
1
BSV/USD Ascending Triangle & Bull FlagEyes open! Bull flag & descending triangle at breakout zone if it's gonna happen. Plus this just hit: finance.yahoo.com This is another article begging you to really read what's being said. It's public keys, but Muh FOMO is also real. Just pay attention if you're still in a long position, because this move would likely breakout aggressively. If it breaks down, it's still a bull flag as long as it maintains $265ish on a wick. This is still a cautious play, as the reward was between $80 - $450. Now, there's more risk, but an impulse wave could theoretically take us to $500 or further on higher time frames.
BLong
by kurtwuckertjr
The angry Craig Wright Satoshi PumpWho can show me proof that Craig isn’t Satoshi? There is a chance we were wrong. Craig Wright Provided a List of 16,404 Bitcoin (BTC) Addresses That Contain $9.5 Bln. Is He Real Satoshi? He announced in December that he might need to sell billions worth of bitcoins to pay Kleiman. The presumed existence of the third Tulip Trust might be also a key factor behind the BSV rally. On Feb. 3, Wright will have to tell the judge whether a "mysterious" bonded courier delivered his private keys. This is not financial advice. Do your own research. I’m not a financial professional. I am new to trading.
HITBTC:BSVUSDLong
by ProGraphist
2
A Glass Of Red On The DailyMeanwhile in Satoshi's land things are running smoothie. It's 4pm, and in the grand scheme of things, a glass of red on the daily keeps the doctor awaily. Contemplating the other side where Braindead bots are running out of Steem, Just 40 minutes ago he spat out his Mccoffee watching Dead Alive 2, a chinese remake of the classic zombie horror comedy. It's 4:20 now and he's scrolling down Facebook: Traders driving sideways in an Opel CaLibra. People trying to catch a fish with a fork on a Ripple. Stories about who is Wright and who is wrong, Laughing so hard that if he would wear boxers would have already peed his Calvin Kleinman. Time for a nap, until next time, I will be Bakkt
BITSTAMP:BTCUSDLong
by Bitconiano
246
What if this was top?? Before new cycle?! 83% retracement optionHello, i know it's madness. But we all know, that new thread arised around bitcoin and it's that filthy Craig Wright, who is threatening to all around him, to exchanges, to exchanges bosses, to all other cryptocurrencies, than his stinky BSV. I don't believe, that he could be Satoshi Nakamoto. He can only prove, that he somehow really know, who is Satoshi, and that he robbed him. This all could really end badly, in madness, agony and cryptocurencies meltdown.... BTC price around 1500 USD should be rock bottom in any doom scenario.
BITFINEX:BTCUSDShort
by kirja