iBankCoin
CAPS LOCK IS CRUISE CONTROL FOR AWESOME
Joined May 7, 2012
166 Blog Posts

BSV Analysis

Caveats: This is not financial advice. Risk management is key to long term success.

BSV has begun to decouple from BTC but has not broken free yet. The BSV chart is less than a year old and therefore using TA can be difficult and unreliable given volatility and limited history. Technicals have not fully digested fundamentals yet. However, the technical view is beginning to gain clarity.

Trigger warning for BTC fans: fundamentally, BSV is superior to BTC in every way. The market is slowly catching on. Look for the charts to reflect this over the next year.

For fundamentals look at bitcoinblocks.live and coin.dance. Both sites tell the story of BSV growing in transactions and the current disparity in price.

Taking the data from coin.dance and using it to calculate the Fair Market Value price of BTC, BCH and BSV we come up this custom price model:

In the model above I am using hash, transactions and blocksize as three key metrics for arriving at Fair Market Value.

During the past 30 days BSV has been in the 40-50% range in percent of overall transactions and block size measured against BTC and BCH yet has a very small percent of overall hash . If we adjust the market prices to reflect the data from coin.dance we have new FMV prices.

If we accept this premise, given today’s metrics BSV is undervalued by 25x! This represent the investment opportunity at hand in BSV.

As transaction and blocksize metrics continue to tip more in BSV’s favor, which is likely as more data is being stored on BSV via apps like WeatherSV, Preev and a new Air Quality tool, the miners will be forced to move hash to BSV to be competitive. This movement of hash will be the confirmation of a massive shift from BTC to BSV. The setup for this shift in hash is in motion and gaining steam but is not yet fully recognized by the market.

Being ahead of this move in BSV may be the investment of the decade.

Below is a link to this content posted on the BSV blockchain. The same content above is free. There is a $1 moneybutton paywall to get the TA section via the link below.

https://www.bitpaste.app/tx/6e4faac241225343f2f516e4fe19aad8f8e69ae536a360c386bc42d4dd99595d

I am paywalling some info on BSV not to make money but to show the power of BSV and encourage anyone on the fence to start using BSV instead of reading about it. Skin in the game.

A position is not an opinion. An opinion is not a position.
-Jesse Livermore

If you really want to read the TA let me know in comments. I may make it available here for free after a week has passed.

 

 

If you enjoy the content at iBankCoin, please follow us on Twitter

4 comments

  1. numbersgame

    So your post is a convincing aguement on why BSV is a better value than BTC. Many of your other posts argue the same point. However, a more important question: why assume that BTC or BSV will be the ultimate crypto standard, and not some other third option?

    Some issues I have with BTC (and BSV, if I understnda it):
    1) Power efficiency. Transaction verification is getting more expensive, because mining is gettign more expensive. This is built-in to the system design.
    2) Finite number of coins: waht happens when the system runs out (or gets clsoe to it)
    3) Because mining has gotten so expensive, mining is domianted by a samll numebr of palyers (many Chineses…) leavign the system vlunerable to double-spending if those players form a hostile consortium. Currently, it is agaisnt their interest as this woudl damage the system, but at some point if they suddenly moved at once, they could cash out the sytem and destroy it.

    It seems like a multi-peer-node verification system simialr to IOTA would be superior to a complex-proof-of-work verifcation system. It would not have any of the above three problems, but the major issue is how many peers would be needed to gurantee a non-fraudlent transaction and how would these eers be selected?

    Now perhasp a blockchain is superior in looging comlex/highvalue transactions (transoceanic shipments), but it seems too inefficent for point-of-sale/person-to-person/retail transactions.

    • 0
    • 0
    • 0 Deem this to be "Fake News"