/biz/ - Business & Finance

Which exchanges is it possible to leverage trade BSV, short or long?

I know about Bitfinex and Poloniex where you can trade with 2.5x, but I would like other options, preferably with more leverage

Something very big is about to happen. We will not be below $1200 for long.

Why is it not dipping? I don't want to fomo into a green dildo. When will I get my chance?

Something is happening. The TX volume suddenly spiked significantly 4 hours ago and it is holding. I am not talking about mempool with the weatherSV data as that happend more than 24h ago. This is something other, and these new txs is mined by other miners than mempool. I think a new service/app just came online. Could it be Avaloq doing tests? Cryptofights? Others?

https://sv.coin.dance/blocks

>>16073215
Unironically Bitcoin SV. It is the original Bitcoin and is supported by Satoshi himself (Craig Wright). People are starting to wake up to the fact that BTC is a scam

This thing is about to blow up. Violently!
BIG NEWS will drop very soon.

What is coming is unironically huge. Much bigger than any thing else we have seen in Crypto. You have been warned. Get your ducks in a row

just decided to go all in BSV. Like many others they are able to see through all the fud and assess BSV and Craig on it's technical merits and base their decision on facts. Expect many more to follow. I can reveal that Alibaba is also involved in BSV and will soon be more public about this


Unbounded Capital Homepage:
https://unboundedcapital.com/
>Due to market inertia and common misconceptions, particularly surrounding Craig Wright, BSV is priced extremely favorably compared to the BTC. This is a temporary condition. As BSV continues to demonstrate its superior performance and entrepreneurs continue to flock to BSV raising network usage

Video on why they chose BSV:
https://www.youtube.com/watch?v=N_qUCiibJrw&amp=&t=16s

SQUIRE MINING LTD (SQR)
Squire is a mining company controlled by Calvin. On May 29 they signed a contract to buy four mining companies totalling 3,000PH/s mining power. This combined with the 300PH/s they had from before, gives them control of 3,300PH/s. This is a SIGNIFICANT amount and makes them the world’s biggest mining company by far. To put it in perspective, Bitmain had 2,000PH/s at their height. After getting rekt by the BCH/BSV fork they only have 200PH/s left. The BTC chain usually have about 60,000 PH/s, BCH 2,500PH/s and BSV 1,000 PH/s. Squire are in other words a VERY big miner. The acquisition are expected to be concluded within August 31, 2019. In addition to this, Squire are in the process of developing a new SHA-256 ASIC chip. This will further sement their position in the mining industry if successful.


HOW WILL THIS AFFECT THE BSV PRICE?
Calvin has said publicly that they are mining whichever chain is most profitable, and use the profit to buy BSV. So how many BSV are they able to buy every day? According to Craig the profit margin is usually 20% in mining, but let’s be conservative and use 10%. This will allow them to buy 430BSV ($82,000)
every single day. (calculations in end of thread).

430BSV a day might not sound like much, but this is coins that are bought every single day and held, not traded back and forth. It will add significant buy support and upwards momentum to the BSV price. Calvin and Craig also have private personal miningrigs. I don’t know how large they are, but I suspect they are very large for a private rig. I assume they buy BSV with the profit from these as well.

SQUIRE MINING LTD (SQR)
Squire is a mining company controlled by Calvin. On May 29 they signed a contract to buy four mining companies totalling 3,000PH/s mining power. This combined with the 300PH/s they had from before, gives them control of 3,300PH/s. This is a SIGNIFICANT amount and makes them the world’s biggest mining company by far. To put it in perspective, Bitmain had 2,000PH/s at their height. After getting rekt by the BCH/BSV fork they only have 200PH/s left. The BTC chain usually have about 60,000 PH/s, BCH 2,500PH/s and BSV 1,000 PH/s. Squire are in other words a VERY big miner. The acquisition are expected to be concluded within August 31, 2019. In addition to this, Squire are in the process of developing a new SHA-256 ASIC chip. This will further sement their position in the mining industry if successful.


HOW WILL THIS AFFECT THE BSV PRICE?
Calvin has said publicly that they are mining whichever chain is most profitable, and use the profit to buy BSV. So how many BSV are they able to buy every day? According to Craig the profit margin is usually 20% in mining, but let’s be conservative and use 10%. This will allow them to buy 430BSV ($82,000)
every single day. (calculations in end of thread).

430BSV a day might not sound like much, but this is coins that are bought every single day and held, not traded back and forth. It will add significant buy support and upwards momentum to the BSV price. Calvin and Craig also have private personal miningrigs. I don’t know how large they are, but I suspect they are very large for a private rig. I assume they buy BSV with the profit from these as well.


WHAT THIS THREAD IS FOR
Feel free to discuss and meme about everything related to BSV, but please don’t engage with anons who has not seen the light yet. They will only purposefully derail the thread with long-winded pilpul tactics to scare away bluepilled people. Please use other threads for that.

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If you are anti BSV you can stay the fuck out.

BSV is about to break out

Why is it not pumping harder? Craig has literally been confirmed Satoshi by a US government agency. It's lierally the biggest news in crypto since the birth of bitcoin

You might have noticed the volume has doubled the past week

I'm still a bit careful, but think we could see some price movement as we come closer to the coingeek conference. What happens after depends on what or if they reveal some big news. Calvin says it's going to be big, he calls it the woodstock of crypto and supposedly some of the biggest names in the industry will attend. I have never seen him, nChain or the bitcoin assosiation oversell themself, so I'm quite excited. Jimmy said his personal conservative estimate is $300-500 eoy. I seldom see any serious discussion about price here, only shit flinging back and forth with core, so it would be nice to get a thread going where we don't engage in spam attacks from them. So when moon guys?

One only needs 50 BITCOIN SHADDERS VISION to make it, that’s it.
Pro tip: the genesis block is on Sri Satoj’s desk

comfy