Discover and read the best of Twitter Threads about #bitcoinsv

Most recents (7)

1/ #CryptoCrap - An infamous Canadian offshore #OnlineGambling tycoon (Calvin Ayre - #Bodog), #Bitcoin’s self styled inventor (Craig White), two Lords & a £10bn crypto lawsuit over #BitcoinSV. In 2018 the FT wrote ‘Bitcoin birthday boy is an absurd star of a serious industry. …
2/ The new face of cryptocurrencies is none other than offshore #OnlineGambling kingpin Calvin Ayre.’ Back in 2018 it was ‘Forking hell’ in the crypto-crappery as rival crypto-nerd clans, fought it out, handbags at dawn, in the #BitcoinCash ‘hard fork war’.
3/3 On one side (#BitcoinSV: BSV) the self styled ‘inventor of #Bitcoin’ (Craig Wright) and on the other (#BitcoinCash: BCH) ‘Bitcoin Jesus’ (Roger Ver). BitcoinSV lost & is now targeting offshore crypto exchanges #Binance, #Bittylicious, #Kraken and #Shapeshift.
Read 3 tweets
A thread:

Non-monetary inputs are an important indicator of actual usage on a blockchain. #Litecoin's NMO% is 2% or lower. Many times 0%.

This chart below shows #LTC is 99% used for monetary trx's.

Others use it for sending weather, info, etc.
Know what you are investing in.
Over the past 24 hrs, there were 30,559 #Litecoin trx's worth $83,876,422. With a median trx value of $58.93 & median trx cost of $0.00081.

The last 24 hr non-monetary output % was 1%.

That means 99% of all #LTC trx's involve actual monetary trx's between wallets. Continued...
#Bitcoin has a NMO% of <2% over the past month as seen below.

This also shows that #BTC is sent for mainly monetary purposes. Just like #LTC.

#BSV consistently has a NMO% of 25-50% which means almost 1/2 of what is sent on the BSV blockchain is not worth anything. Continued...
Read 10 tweets
It's been almost 24 hrs since @satofishi metaphorically etched #F2Pool's message onto #Bitcoin block 629999 & the network hashrate has been volatile since ⛏

From our analysis of mining pool hashrate, network hashrate has dropped from ~120 EH/s to ~100 EH/s over the past week.
The reduced block reward has caused the daily revenue per TH/s to drop from $0.14 to $0.07, which is even lower than it was during the Black Thursday price drop on March 12, 2020.
Right now, #BTC mining revenue is slightly behind #BSV, but slightly higher than #BCH.

Due to Profit-Switching Pools and the frequent Difficulty Adjustments, the mining revenue of #BitcoinCash and #BitcoinSV usually remains very close to the mining revenue of #Bitcoin.
Read 5 tweets
Please find below all presentations of CoinGeek London conference day 2 (21feb2020)

Enjoy and learn.

#BSV #BitcoinSV #CoinGeek #Build #Use #Earn
Dr. Craig S. Wright,
Satoshi Vision: A correct understanding of Bitcoin
Jimmy Wales, Dr. Craig S. Wright,
Can digital currency or blockchain technology improve thhe quality of online information?
Read 19 tweets
There's an idea spreading around #BSV ...

'With Bitcoin, bye-bye goes VC'

I disagree.

My thoughts 👇

#Bitcoin #BitcoinSV
1/ Many in BSV have mentioned ways in which Bitcoin now allows startups to negate the need for venture capital.

Imo, it's not black & white. It's more nuanced.

Bitcoin unlocks more optionality for entrepreneurs. Not less.
2/ The Silicon Valley mantra of 'scale at all costs' - aggressive growth to the next round / gaining market share over gaining profit / short-term metrics over long-term metrics.

These are destructive to innovation & benefit mainly investors who can sell onto the greater fool.
Read 25 tweets
What if you woke up from a coma in 2030 and found that Bitcoin SV was the de facto #Bitcoin?
Looking back at history, it's not always the most authentic versions of truth that make 'mass adoption' but the most ideologically founded, universally accepting and emotionally grabbing.
Is Craig W. looking to become the first martyr of Satoshi? dying for our sins after being 'misunderstood' by the current world?

Will he be reinterpreted differently in the future and seen as Satoshi, for maintaining a blockchain that is based on the original sacred text?
Read 4 tweets
1/ We @ElectricCapital fingerprinted more than 20,000 code repos and 16M commits to create a Dev Report on crypto. Analyzed by @MariaShen (better known internally as "Maria Meeker"). Data powered by @jubos. Here are the highlights ⚡️
2/ Number of developers working on public coins has doubled in 2 years. Today, 4,000+ developers/month contribute code across 2.8k coins.

Reminder: this is undercounting. Some of most active projects are private (@binance), un-launched (@CodaProtocol), or not a coin (@lightning)
3/ Number of monthly active developers fell 4% while the markets fell more than 80%. Developers who entered the crypto ecosystem have continued to build despite market conditions 🙌
Read 17 tweets

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