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chiajw1 (OP)
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May 12, 2016, 09:11:35 AM
 #1

The news that Craig Steven claimed to be Satoshi Nakamoto made it onto the whole bitcoin community. However there is no huge impact on the Bitcoin price. However, in my opinion, what Craig is doing is not influencing the price of bitcoin, rather he is trying to sabotage the bitcoin developers and the whole community. His claim is backed by the maybe confused Gavin Andresen. And every bitcoin developers think that he is a liability to the team and even had his access revoked. I'm not saying that Gavin Andresen is right but slowly but quite obvious someone is trying to tear down the whole Bitcoin community.
This is my speculation but the government is slowly making a problem in the community until one point they are replaced by the government. The pseudonymous bitcoin maybe will not be so secure once it is controlled by bitcoin and maybe even we are not in control of our bitcoin like fiat money.
Looking back, the Mt. Gox problem is also worth to be wary about. The exchange company once marks the highest price in history of bitcoin was hacked. I mean if someone hack a exchange company there will sure be panic and price will decline sharply, even if someone want to sell it they need time to sell it and it disrupts the balance of bitcoin price. Why do hackers do that? Or there is another agenda is going on behind it?


If we see the graph of the price we will notice that there is a steady increase in price when the China opens for bitcoin and EU declares no VAT on bitcoin trades.

This is just my own personal opinion you can condemn me if I am wrong. Please be polite however, and try not to use vulgar words.
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May 12, 2016, 11:47:10 AM
 #2

Sure the hackers can take down an exchange, or two. This means that people cannot trade their Bitcoins for bank fiat since the very moment.

This poses a major threat to the Bitcoin price's stability. We all want a stable coin, one that is easily exchanged for other well established currencies.
If well established currencies fail to become digital, and fail to provide a fully integrated solution, no just currency, but also integrated taxes, de-anonymization features that are easy to use to make it simple for a law enforcement officers to solve, confiscate and reclaim coins, or solve the scams or other crime the Bitcoin is plagued by.

If all this were done, and a fully compliant, worldwide-officially recognized, and feature complete "hassle-free" and visa-scale ready blockchain currency existed, only a fool would keep using Bitcoin. Bitcoin simply fills the need for something similar to cash in the digital world. Poorly.


This means there is no "Best digital coin", for this purpose we resort to using Bitcoin Core for time being. If Classic really delivers the fully integrated and extremely effective solution it promises, everyone in the community would simply adopt Classic.

The price rise of 2015 is no mere coincidence. It represents the consensus, that Bitcoin itself, will operate using the Core technology for at least 3 more years after the halving.

Yes, we all know that Bitcoin is heavily hoarded by individuals who don't act in the best interest of the Bitcoin network itself. The black swan event , also known as the major price dump, is imminent.

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May 12, 2016, 11:58:03 AM
 #3

What is Craig Steven doing as claiming to be Satoshi Nakamoto i think is a good advertisement for bitcoin, many people have now learn and are interested to bitcoin which i think the price will be increased in the upcoming months. Exchenges are not 100% safe to store bitcoins so there is always a fear that anytime the exchange will be hacked, it was a hack also last year with bter where 7,000BTC+ were 'stolen'

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May 12, 2016, 12:03:48 PM
 #4

Anyone claiming to be satoshi is a fucking idiot and is painting a MASSIVE read target on their heads imho.

Craig needs therapy, or attention, something... No fully grown man should carry on in that matter pretending to live in fairytales.


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May 12, 2016, 12:10:58 PM
 #5



If any entity plans to control bitcoin lets say CIA, they could just bust out the whole team force them to have the access, maybe torture Gavin and the rest.
They wouldn't want to waste time with all those bull from Craig claiming to be Satoshi until they control the core.  For all we know, Craig and his cahoots may just want the real satoshi to come out.

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May 12, 2016, 12:24:18 PM
 #6


If any entity plans to control bitcoin lets say CIA, they could just bust out the whole team force them to have the access, maybe torture Gavin and the rest.
They wouldn't want to waste time with all those bull from Craig claiming to be Satoshi until they control the core.  For all we know, Craig and his cahoots may just want the real satoshi to come out.
Maybe with that way satoshi can shows himself as the creator of bitcoin. I don't think what is the impact if he showed himself over the years disappeared. But however Craig Steven didn't give some strong proof that he is satoshi
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May 12, 2016, 12:26:21 PM
 #7

i think craig Wright was intending to create panic in the market too. maybe he was planning on pushing the price down so he could load up on bitcoin before the rise. I say this because he said "I will move satoshi coins" just saying this created panic in the community because of the amount of those coins. but the reason that it didn't affect anything noticeable was because of how fake it looked like.

also about Gavin Andresen, I think he has done enough harm and stupid stuff that he deserves to be cut off. I was never against him but mistake after mistake can not go unseen. and it is worth knowing that others have turned down CW's request to verify him as satoshi while gavin accepted!!

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May 12, 2016, 12:27:04 PM
 #8

This is actually true. Similar to how politicians vote according to their best self interest and their lobbyist employess, similar concept should be applied to Bitcoin developers.

The lobbyists who provide funding to the politicians, naturally expect a value or benefit from the counter party.

Similiar how a customer (doesn't matter if a shill or actual customer) orders something, let's say Pizza in a restaurant. The customer would be really really angry to see a cupcake.

Bitcoin Core project is very similar to a restaurant. It's a business like any other. The customers provide the salary to the employees, and naturally expect something in return. It can be more features, it can be sidechains, or a complex service like to create a new currency, or to make existing currency into a digital currency with every feature done much more professionally and perfectly than existing Bitcoin features.

On the other hand, if Core acts in a malicious way, or fails to deliver upon the promises, the customers or people in charge like CEO, lead engineer, etc can fire the employee who failed to deliver the technical solution that had been ordered.

This is not different in any way from how the president's CEO can fire the president of a sovereign nation, and issue another president who is better employee than the previous president.

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May 12, 2016, 12:31:24 PM
 #9

Yes, as you can clearly see:
cryptocurrency actually runs on drama more than it runs on blockchains

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May 12, 2016, 02:57:37 PM
 #10

is there any war between dollar and Euro, is their any war between darham and Saudi rial. is their any war between Pak Rupee and Indian Rupee then how can we say that their is a war between dollar bitcoin and criptocurrency. i dont think so
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May 12, 2016, 03:06:44 PM
 #11

This person was a fool for coming out fake or not. There will be people who lost lots of money due to cryptocurrency.

As a previous poster said, he is just becoming a target and he should rescind what he said earlier.

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May 12, 2016, 03:35:04 PM
 #12

So exactly what do you think that you will get from create an additional thread about this issue? The CW situation should be forgotten and ignored (aside from remembering that he's a con artist).

Satoshi wants to be anonymous, so anyone who comes out to public and says that he/she is satoshi is 100% scammer.
He 'came out' stating that he doesn't want the attention. Quite contradictory behavior.
 Roll Eyes

We might as well call it "Bitcoin - Drama of the century" Roll Eyes
Seems like people can't let some things go.

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May 12, 2016, 05:58:57 PM
 #13

There is no conspiracy theory.... the fact is, a lot of people do not want Bitcoin to succeed... that includes Alt coin and private Blockchain based technology companies and also bigger remittance

services. Bitcoin, IF successful, will disrupt a lot of these services and they will lose a lot of profits. These people WILL undermine Bitcoin and try to divide the community or spread FUD all over

forums like this or Reddit. We need to take notice of what is happening and fight fire with fire... If they spread FUD, we counter it with FACTS.. If they try to divide us, we STAND together.. This way

we will succeed.  Wink

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May 12, 2016, 06:59:24 PM
 #14

What war i havnt seen it to be honest, yes there have been some disagreements over direction but i would hardly call it a war.  Huh
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May 12, 2016, 07:16:36 PM
 #15

There is already 7 years of bitcoin ,if SATOSHI NAKAMOTO wanna to expose he or her would had done it since the begining,if he shows off several problems will happen,bad people will hunt to get acess to the wallets with 1 million bitcoins,hir or her family will take several risks kindanpping to extorsion once again,several process around its bitcoin not being regulated or has no license to work or being used at some countries.Soo i see no advantage to get expose and this people claiming to be are just trying to get the attention for what i dont know.The core around bitcoin is together working to improve bitcoin even with differente ideas,they are a team.Its about us ,community to choose the best road to bitcoin and to keep supporting or left it .
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May 12, 2016, 07:46:31 PM
 #16

Bitcoin, IF successful, will disrupt a lot of these services and they will lose a lot of profits. These people WILL undermine Bitcoin and try to divide the community or spread FUD all over
forums like this or Reddit. We need to take notice of what is happening and fight fire with fire... If they spread FUD, we counter it with FACTS.. If they try to divide us, we STAND together.. This way
we will succeed.  Wink
It is already starting to have an effect, else they would not be so actively fighting it with various tactics. I have made a thread about a post a while back "How I would take down Bitcoin" which mentioned some behavior that we've seen.

What war i havnt seen it to be honest, yes there have been some disagreements over direction but i would hardly call it a war.  Huh
You clearly haven't been paying attention to all the 'discussions' and events that have unfolded in the past year or so.

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May 13, 2016, 04:07:40 AM
 #17

If the real Satoshi however shows up because of what Craig Wright is doing, it might just have some impact to bitcoin and to the community as well. Lets say to government will ask the real satoshi for taxes and that Satoshi may have to cashout his btcs, this is possible right?









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May 13, 2016, 04:30:20 AM
 #18

The news that Craig Steven claimed to be Satoshi Nakamoto made it onto the whole bitcoin community. However there is no huge impact on the Bitcoin price. However, in my opinion, what Craig is doing is not influencing the price of bitcoin, rather he is trying to sabotage the bitcoin developers and the whole community.
No, he is just trying to be Satoshi Nakamoto.Why would you even think the bitcoin prices will be affected by an individual drama queen?I don't agree with your second point either,what does developers have to do with this entire thing anyway?

His claim is backed by the maybe confused Gavin Andresen. And every bitcoin developers think that he is a liability to the team and even had his access revoked. I'm not saying that Gavin Andresen is right but slowly but quite obvious someone is trying to tear down the whole Bitcoin community.
The amount of credibility lost for Gavin proves the community simply is not liable to follow the leaders blindly.As said,Gavin is smart maybe he is forced.

This is my speculation but the government is slowly making a problem in the community until one point they are replaced by the government. The pseudonymous bitcoin maybe will not be so secure once it is controlled by bitcoin and maybe even we are not in control of our bitcoin like fiat money.
Where did you dig that one from ? Government has nothing to do with this or ever had at all.Totally two different things,legitimacy of bitcoins and Craig's drama.Don't worry we have years to go before something like that happens.
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May 13, 2016, 06:02:30 AM
 #19

The news that Craig Steven claimed to be Satoshi Nakamoto made it onto the whole bitcoin community. However there is no huge impact on the Bitcoin price. However, in my opinion, what Craig is doing is not influencing the price of bitcoin, rather he is trying to sabotage the bitcoin developers and the whole community. His claim is backed by the maybe confused Gavin Andresen. And every bitcoin developers think that he is a liability to the team and even had his access revoked. I'm not saying that Gavin Andresen is right but slowly but quite obvious someone is trying to tear down the whole Bitcoin community.
This is my speculation but the government is slowly making a problem in the community until one point they are replaced by the government. The pseudonymous bitcoin maybe will not be so secure once it is controlled by bitcoin and maybe even we are not in control of our bitcoin like fiat money.
Looking back, the Mt. Gox problem is also worth to be wary about. The exchange company once marks the highest price in history of bitcoin was hacked. I mean if someone hack a exchange company there will sure be panic and price will decline sharply, even if someone want to sell it they need time to sell it and it disrupts the balance of bitcoin price. Why do hackers do that? Or there is another agenda is going on behind it?


If we see the graph of the price we will notice that there is a steady increase in price when the China opens for bitcoin and EU declares no VAT on bitcoin trades.

This is just my own personal opinion you can condemn me if I am wrong. Please be polite however, and try not to use vulgar words.

The hackers will exploit weaknesses in centralized services and they are driven for the monetary reward. The exchanges are the best target for these people, because large quantities of coins are stored on this systems. Until today, no hacker has hacked Bitcoin by encrypting the private key, and I doubt if it will ever be done, so they shift their attention to the things that can be hacked. < Exchanges >

Disclaimer : Some hackers < White Hats > will not exploit the vulnerabilities for monetary reward. < Stealing coins >

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Enotche
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May 13, 2016, 06:53:53 AM
 #20

Some governments are afraid of Bitcoin, or Do not trust him. I think this is due to the fact that they believe that banks will destroy Bitcoin. There is competition between Fiat and cryptocurrency.
I recall a recent statement in the news that the US government has said it will not deal with Bitcoin tough measures, but would discourage all sorts of ways. A Russian government slanders and promises to be arrested for Bitcoins.
I think Craig is a statement something like this, and we see how he merged when asked to prove it in practice.
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