How many BSV’ers are capitulating and longing BTC? C’mon, you will feel a huge weight come off your shoulders by acknowledging that you’re slapping yourself for previously selling BTC under $10k. Closet BTC long’ers (former BSV maxis) time to fess up......
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Therein lies the problem with all the so-called 4D chess plays. By allowing the monster BTC to grow it’s increasingly becoming harder to kill off. Massive bag holders of in-split coins have a massive incentive to keep the status quo. Money talks full stop
Kill Tether and BTC will plummet to $10k (slap yourself if you sold under this) and this massive plummet would simply be eaten up in hours and moon back to $30k+. The ONLY thing that could kill BTC is it was to lose the name.
Nightmare some, heaven for many. BSV’ers laughed and named called BTC’ers every name under the sun, but the BTC’ers were right. The halving saw a drop in supply and initial demand remain constant, this then lead to increase price thus causing more demand.
The last 12 years has been a catastrophic failure of fiscal discipline. #46 takes office in 2 weeks and nothing is going to change this. If, as looks likely, the Dems get the Senate then another 4 years of monetized debt will put incredible pressure on DXY
Last 12 years was helicopter money. Next 4 years will be jumbo jet money. The USD as continual Reserve Currency is not a given imho.
GOP, are you sick of all the winning yet?
All that winning in just one day?... wow, will be so sick of winning come 7th January
GOP and DEMS are two sides of the same Keynesian coin. The last 12 years have been a catastrophic failure of fiscal responsibility. When the USD loses the Reserve Status only then will everyone scream “the current party in charge did it”.
BSV’ers we’re going to win so much, you’re going to be sick of winning. You will beg, we don’t want to win anymore. It’s not fair to everybody else. So much winning we’ll pay off the Federal Debt... umm... hang on, I think I mixed up the winning speeches.
Last January you needed circa 35 BSV to get 1 BTC, now you need circa 200. The BSV maxis were right, organic growth.
The BSV maxis (they’re mostly closet ‘number goes up’ but masquerade this as ‘investing’ not ‘hodl’ing’) were salivating about “BSV being the best performing asset in January”.
BTC’ers were right about hodl’ing and the effect of the halving and how this wasn’t priced in. WeatherSV announced they made 70 million “updates” on the BSV Network. Yet what effect did all this organic growth have on the BSV token? Taal > BSV token, imho.
Then the $2k gets mopped up like it was nothing. This is the problem with allowing the monster to grow, it gets to a level nothing you do can stop it. If BTC price drops this is just more buying opportunities.
If BTC falls from circa $100k down to $20k it will be interesting to see what USD price the organic growth token will go to. In this respect those loving the rEal BiTCoiN token could get themselves a possible barging basement.
You can tell a lot about a person from how gracious they are in conceding to an opponent. Many BSV’ers pointed, laughed, and name called BTC hodl’ers as if they are responsible for your ills. These BTC people just realised not fighting the market is wise.
1 year from now; BSV is doing so good at position #110 out of 5,000 crypto’s, that’s like top 97.8%.
Well done to all the BTC hodl’ers. Take some profits, donate to charities, give to the poor (e.g. BSV maxi’s). Enjoy your life.
Does anyone know what happens when the price of a full BSV falls under the price of a single BTC Satoshi? If no-one knows then I will just wait and see for myself.
You are all going to be driving Lambo’s this year. This is not a prediction. This is a statement.
I view all fiat as a race to the bottom. I still view the shiny rock, and its miners, as a good insurance if inflation occurs. I will keep a close eye on the DXY. Currently 90c, SVM and co think 100c and more is possible. I think < 80c incoming. Let’s see!
I’m about preserving what I have as I don’t need to chase it. We’re each in different situations so each to their own. I too have hedges... definitely one or more slices of my portfolio will crash but the remaining slices will be enough to be happy.
Taal may be able to generate 24/7 revenue streams (BSV or other payment types) from Enterprise usage. They could have BSV (via payments, capital or block rewards) so they could get best of both worlds. If you’re right, and I’m wrong, I will still win too.
I’m familiar with Steven Van Metre, just watched that interview again. His deflation view still doesn’t convince me.“The dollar is going to go sub orbital”, me thinks DXY is doomed. Time will tell if this Bond Bull is vindicated.
BSV maxis, awesome news!. BSV just set a 2021 ATH price!
Just broke its 2021 YTD price again!
Ignoring personalities and just looking at outcomes; in particular #44 and #45 have presided over Keynesianism. #46 will continue this and some. Federal Debt has skyrocketed in the last 3 Presidential terms because of MMT/Socialism. DXY is at a precipice.
If token BSV moons that 40% is more than enough + multiplier effect on Taal will be greater than token effect.
If BSV stagnant/falls not catching a falling knife. This fall would come from weak economies so shiny rock and its miners are insurance for this.
40% BSV (all < $70)
60% Taal
Regardless of the BSV token price I will never “purchase” it ever again; never.
There are nearly as many hodl’ers and number goes up in BSV as most other projects. In here they just play with words pretending it’s saving. If Taal’s the real deal then they could potentially be the safest play in all of this ecosystem. Time will tell.