Bitcoin SV (BSV) is an alternative version of Bitcoin that was born from a split of the Bitcoin Cash network in 2018. The name SV stands for Satoshi Vision, as BSV supporters claim to follow the original vision of Bitcoin creator, Satoshi Nakamoto. BSV aims to be a global, scalable, secure and low-cost digital currency
.
BSV uses the same consensus mechanism as Bitcoin, called Proof of Work (PoW), which requires miners to solve complex mathematical problems to create new blocks and receive rewards in BSV. BSV increased the maximum block size from 32 MB to 128 MB, and then to 2 GB, to allow more transactions per block and reduce commissions
.
BSV also supports the creation of smart contracts, applications, and tokens on its blockchain, using a scripting language called Bitcoin Script.
When will it reach 1 dollar?
According to market data, the price of BSV at the time of writing is around 96.73 dollars. So, BSV has already surpassed the value of 1 dollar and could continue to fluctuate based on supply and demand
.
When will it reach 10 dollars?
BSV reached $10 for the first time on November 15, 2018, the day the Bitcoin Cash hard fork took place. Since then, the price of BSV has fluctuated between 10 and 444 dollars, showing strong volatility but also a downward trend
.
When will it reach 100 dollars?
BSV reached $100 for the first time on January 9, 2020, after experiencing strong growth from its all-time low of $21.08 reached on June 10, 2023. Since then, the price of BSV has fluctuated between 100 and 300 dollars, showing some stability but also a poor performance compared to other cryptocurrencies
.
When will it reach 1000 dollars?
To reach 1000 dollars, BSV will have to increase by about 10.3 times, obtaining a market capitalization of about 18 billion dollars. This is very unlikely, as BSV has lost a lot of popularity and credibility in the cryptocurrency market, due to legal disputes, allegations of fraud, network attacks and poor innovation. There are no forecasts that predict such a scenario, and even if there were, they would be purely speculative and not based on real data
.
Is it considered a good investment?
BSV is not considered a good investment, as it does not offer any opportunity for profit or growth. BSV is an alternative version of Bitcoin that seeks to emulate its characteristics, but without adding any added value or competitive advantage. BSV has low adoption and acceptance by users and developers, low liquidity, and strong competition from other, more innovative and reliable cryptocurrencies
.
Table with price forecasts from 2024 to 2030
Here is a table summarizing BSV’s price forecasts from 2024 to 2030, based on different sources:
| Anno | Price Prediction (USD) |
|---|---|
| 2024 | 50.00 — 60.00 |
| 2025 | 40.00 — 50.00 |
| 2026 | 30.00 — 40.00 |
| 2027 | 20.00 — 30.00 |
| 2028 | 10.00 — 20.00 |
| 2029 | 5.00 — 10.00 |
| 2030 | 1.00 — 5.00 |
Frequently Asked Questions (FAQ)
Where can I buy Bitcoin SV?
You can buy Bitcoin SV on different cryptocurrency exchange platforms such as AscendEX, Bibox, Bitforex, Bitget, and Bithumb. Currently, BSV is listed on 27 exchanges, with AscendEX confirming itself as the most popular platform for
BSV.
What is the best platform to buy Bitcoin SV?
At the moment, the best platform to buy Bitcoin SV is KuCoin, which has recorded a BSV trading volume of $998,543 in the last 24 hours. However, you also have other options to choose from, such as OKX, gate.io, CoinEx, IndoEx, and UPbit,
which list BSV.
Where can I buy Bitcoin SV using fiat currency?
You can buy Bitcoin SV with fiat currency on Kraken, one of the most established platforms in the cryptocurrency industry. At the moment, Kraken offers the option of exchanging Bitcoin SV for US dollars using USDT. You can make the purchase using a Visa or Mastercard card, or fund your account via bank transfer or other
methods.
Where can I buy Bitcoin SV with USDT?
You can buy Bitcoin SV with USDT on the KuCoin cryptocurrency exchange platform. KuCoin managed a Bitcoin SV trading volume of $998,543 in the last 24 hours. KuCoin also offers a wide selection of other cryptocurrencies, offering multiple trading options in addition to Bitcoin SV
.
On which platform can I buy Bitcoin SV with a credit card?
Attention: The answer to this question is not available at this time.
What is Bitcoin SV’s trading volume over the last 24 hours?
Bitcoin SV’s trading volume over the last 24 hours is $112.35 million. Bitcoin SV is listed on 27 exchanges, with 54 trading pairs
.
Which platform has the highest Bitcoin SV trading volume?
At the moment, the most popular platform for Bitcoin SV exchanges is KuCoin, which has handled $998,543 worth of BSV exchanges in the last 24 hours.
What is the most popular trading pair for Bitcoin SV?
The most popular trading pair for Bitcoin SV is BSV/USDT. Over the past 24 hours, this pair recorded a trading volume of $664,070 across 27 different
cryptocurrency platforms.