Bitcoin SV increases more than 300% in less than a month

The development of Bitcoin SV in the last 24 hours is incredible, with almost 100% positive performance. Here the reason for this situation.

Bitcoin SV has reached a new all-time high, USD 358.61. Currently the price is USD 332.67, but it is still really impressive if we compare it with the USD 174 that cost less than 24 hours ago. Thanks to this incredible growth, jump from the top 11 that occupied a few hours ago, to the top 5 of the cryptocurrencies with greater market capitalization.

But what is happening ?, in the following paragraphs the explanation.

Bitcoin SV could be the original Bitcoin

From here everything is born; This is what has caused such a stir, and consequently, a massive increase in the price of Bitcoin SV. As the name implies, Bitcoin Satoshi vision, seeks to maintain the true vision of the creator, being supposedly the self proclaimed Craig Wright, who to demonstrate the veracity of his claim, has gone through an extensive judicial process, where in much of it It has been classified as fraud, the product of its recurrent false evidence.

However, recently, Wright has won a small victory, and it has been allowed a new deadline until February 3 to present a test, which if admitted as real, would be accepted immediately as the creator of Bitcoin, in addition to save the almost 5 billion dollars that they demanded to pay Kleiman’s family.

Tulip Trust III

The trial presented by Ira Kleiman, brother of the late David Kleiman, another supposedly important participant in the creation of Bitcoin, is currently taking place.

Ira Kleiman demands that Wright return 50% of a fortune of more than 1 million Bitcoins to the deceased’s family. Until now, much of the litigation favored Kleiman’s family from any point of view, however, on January 10, according to a court document, the entire process remains in dispute, due to Wright’s ability to confirm the Truthfulness of the Tulip Trust, which indicates that all of its Bitcoins were entrusted to Dave Kleiman in 2012, but to be fully returned on January 1.

The third part of the trust, called Tulip Trust III may be the definitive proof to know the identity of Satoshi Nakamoto, and as a consequence the ownership of the more than 1 million Bitcoins protected under this contract. The deadline granted to Wright is to present a written version of this 3rd part of the controversial document.

Craig’s intentions in owning this fortune in his hands are nothing positive for Bitcoin, as it ensures that the main purpose has been completely distorted; This is why it promotes Bitcoin SV as the source of truth.


Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.

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