Post by twetch#2432

1836VN…bDTq Key · twetch

Price collapses to below $100 given transaction volume has not increased enough. BTC will follow suit a few weeks later.

After BTC halves, BSV will gradually gain market share (only if big and constant transaction volume is ensured via corporate deals)

19YN95…8BB9 Key · twetch

thats one of the few rational answers on this topic in general so far.
Most people have the same mind set as the BTC HODL cult, expecting a massive increase in price for no reason.
MUH HALVING MEANS MOAR PRICE, HMKAY ?

What the chain says
Block
629 299
Time
2020-04-05T06:22:36Z
Signer
19YN95JqM59DQSsojsMnNvAQK9WEoc8BB9
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2432

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 19YN95JqM59DQSsojsMnNvAQK9WEoc8BB9 Verified

Replies (2)

1836VN…bDTq Key · twetch
Replying to@19YN95…8BB9

Unfortunately the volume has not been increasing in the last few months. We need another catalyst (and a big one) to justify miners to switch over. Until then, BTC can double fees and rely on the network effect just fine.

Still a long way to go!

19YN95…8BB9 Key · twetch
Replying to@1836VN…bDTq

true as well.
BSV volume and size is stalling.
Nobody like to admit it or talk about it, but thats how it is.
At this point, halvening will only drop hashrate on all 3 networks and thats about it.