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The mechanics of the BSV pump is pretty interesting. I've been watching this develop for days.

No one but Calvin is mining BSV. Adding more hash doesn't get him more BSV.

So he deploys hash on BCH 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.

BSV pumps
As BSV reaches parity with BCH, he can then dump the USDT and hold the BSV.

It's actually a pretty genius gambit with essentially no downside. He can actually use this tactic to keep BSV at basic parity with BCH.

All enabled by the BSV delisting. Very interesting play.
Keep in mind that Squire had to cancel the purchase of Calvin's mining operation so that the Canadian regulators would take the hold off of their trading. So Calvin's sitting on a bunch of SHA-256 miners collecting dust.

This play makes perfect sense.
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