Well... like most people, I was pretty surprised to see BCHSV see a 100% spike in price today... supposedly "backed" by a WeChat image that was making the rounds that suggested that Craig Wright had "proved" himself to be Satoshi by signing and transacting from known Satoshi addresses. Let's get this out of the way first... it's a scam, and the "news" is fake. It appears that the "news" broke first in China which seems to have caused a FOMO spike of pretty sizable proportions.

However, I only BCHSV after doing a split from my BCHABC after the pretty nasty hard fork last year. Truth be told, I don't really attach any value to the SV chain... but I just held on to it as it is just prudent to cover bases... especially if the bases are covered without cost to myself. That said, it was a bit of a run around as major exchanges like Binance and others de-listed BCHSV after some pretty antisocial (and continuing...) behaviour from BCHSV leader, Craig Wright. So, currently my SV is sitting at Bittrex (Ledger isn't supporting SV at the moment...).... which meant it was relatively easy for me to wake up this morning and just dump the BCHSV...

I do really expect the price to come down (but who knows what happens in crypto-land.... logic and reason are not really strong in this space!)... and I have set buy limits further down to recover my BCHSV position. I have no trust or reason to think SV is going to be dominant... but I'm not a zealot! I will take a BTC profit and get back to where I started... I'm no idealist when it comes to this sort of thing... it is best to prudent. Anyway, I've set the buy ins and if things go the way as planned... I will wake up tomorrow... with exactly the same amount of BCHSV... but with a side of BTC!

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