Why BSV surged 500% in 1 week

in #bitcoin5 years ago

“No one but Calvin [Ayre] is mining BSV. Adding more hash doesn’t get him more BSV. So, he deploys hash on BCH [Bitcoin Cash] a couple weeks ago (unknown miner with like 60%). He then takes the BCH and sells it for Tether. Then waits for some bullish momentum and starts wash trading BSV/USDT on shady exchanges which currently account for the volume. He can put in asks all the way up to the price he sold the BCH for and lose nothing.”

But does anyone care, if you make 500% profit? I do not.

I wish all billionairs would throw in their billions and up we go..