In the ever-shifting landscape of cryptocurrencies, the BSV blockchain has emerged as a contender that sends ripples of discomfort through data platforms like bitinfocharts.com. When BSV’s transaction volumes surge, a peculiar pattern emerges – BSV mysteriously disappears from the charts, only to reappear once the storm subsides. This intriguing fluctuation of dominance speaks volumes about the sentiments in the wider crypto realm.
Cryptocurrencies are often likened to a casino, where the rules are in constant flux and any player seeming to gain an upper hand is met with skepticism.
In this digital world, the crypto industry functions as a cartel of sorts, where two types of threats are meticulously suppressed.
- The first threat involves unveiling the truth, which could dismantle the very foundations of the cartel.
- The second threat pertains to acts that mimic cartel lies but stand out too conspicuously, endangering the façade of normalcy.
These threats often intermingle, as cartel members’ paranoia drives them to view everyone as potential liars. Thus, when an anomaly emerges, it’s met with a dual reaction, contingent on the nature and magnitude of the anomaly.
- Firstly, the cartel acknowledges the anomaly as truth, sparking immediate suppression. This transpires when discussions unfold regarding Bitcoin SV’s (BSV) utility, authenticity as the original Bitcoin, or revelations about Satoshi’s identity.
- Secondly, when the anomaly’s veracity is unperceived, the cartel initially ignores it until it escalates beyond the bounds of ordinary. This escalation triggers a response, not because the cartel acknowledges the truth, but due to the perceived threat any deviation poses. Case in point: BSV’s blockchain boasts high TPS and exceptionally massive daily transaction volumes.
While bitinfocharts.com isn’t singling out BSV, its actions mirror the crypto world’s collective attitude. The true significance of BSV’s transaction volumes – indicative of genuine utility and scalability – eludes most. The crypto cartel, inadvertently or otherwise, remains active.
The term “conspiracy” doesn’t apply here. Cartels can emerge organically, driven by shared interests. The crux lies in the nature of these interests, goals, efforts and results. The focus isn’t solely on bitinfocharts; it’s the broader crypto atmosphere and behavior, signaling a cartel-like structure.
Cryptocurrencies’ facade assumes all blockchains feign utility, directing focus away from utility to coin prices. However, transaction volume data is offered, catering to inquisitive minds. Unfortunately, ‘transactions’ often translate to coin trading in the cartel’s parlance. Thus, only charts depicting normal transaction volumes align with the crypto narrative.
This norm serves as a cartel’s safeguard, resting on premises like “when no one can act, everyone seems active” and “normalized lies enable free lying.”
BSV disrupts this equilibrium, flaunting transaction volumes that dwarf others. This draws dangerous questions like “Can a delisted coin boast the highest transaction volume?” or “How can a coin with <0.1% market cap hold 90%+ of the blockchain’s transaction share?”
The cartel flips these queries, promoting mockery over inquiry. Ridicule, even insults, enhance the mockery.
Such manipulation thrives in the crypto world, where coin price reigns. Nonetheless, boundaries exist; a coin showing >95% transaction dominance is “abnormal” and intolerable. Cartel members view this as unfair and disruptive to their profit-driven status quo.
BSV’s journey is distinct. Its claim of utility implies real, high-volume, cost-effective microtransactions, not mere speculative trading. This authentic utility is a magnet for a scalable, efficient, reliable system.
BSV’s occasional transaction surges challenge established norms, but sustained, escalating volumes could usher in greater pain for the cartel. How long can the facade endure against mounting pressure? Only time will reveal the limits of pretense in this ever-evolving saga.
