Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[log2exp]

I smell that the '2020 Trust Account' is the intention to keep the price depressed for the next 4 years.

[tempus]

Very interesting article:

Craig Wright Claims He's Bitcoin Creator Satoshi -- Experts Fear An Epic Scam
http://www.forbes.com/sites/thomasbrewster/2016/05/02/craig-wright-satoshi-nakamoto-doubt/#dd486ea708f0

[popovicbit]

How low do you guys think we will go?

Buying opportunity?

[Ultrafinery]

How low do you guys think we will go?

Buying opportunity?

Why even ask?

[podyx]

Craig Wright better buy us up back to $452 asap

[Tzupy]

Craig Wright better buy us up back to $452 asap

Yeah right... I believe that even if he is not Satoshi, he now has more wealth in bitcoins than in fiat, so...

[oda.krell]

Now I'm wondering which exchange Craig and Gavin used to place their shorts.

/S (51%)

[belmonty]

Craig Wright better buy us up back to $452 asap

Yeah right... I believe that even if he is not Satoshi, he now has more wealth in bitcoins than in fiat, so...

I know he was being investigated by the Australian VAT man, and coindesk said he told them his companies were worth $300m in market cap­italisation backed through bitcoin. If he gets charged VAT on that $300m he'll have a whopping big bill to pay.


http://www.coindesk.com/australia-government-bitcoin-creator-craig-wright-tax-investigation/

"The [ATO] team has been interviewing Mr Wright’s former business associates in Sydney about tax claims he made through businesses and as an individual, while the ATO has been questioning former associates on supposed deals done through Mr Wright’s network of companies that claim to have about $300m in market cap­italisation backed through bitcoin."

[AlexGR]

So his only way out, if he doesn't have the bitcoins, is to say "I'm satoshi"... lol?

[luckygenough56]

ded ?

[belmonty]

So his only way out, if he doesn't have the bitcoins, is to say "I'm satoshi"... lol?

Yeah, funny. Lol. Did you know that Mr. Jon Matonis, @jonmatonis, Founding Director at Bitcoin Foundation, CEO of Hushmail, Columnist at Forbes, Chief Forex Dealer at VISA, Economist, has confirmed Dr. Wright to be the real Satoshi Nakomoto?

Not to mention that Dr. Gavin Andresen, Chief Scientist of the Bitcoin Foundation, said at a conference today that he believes Craig Wright is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

So how about you stop with the FUD, huh? No one's buying.

I don't think Gavin Andresen has a PhD doctorate degree, and if that's true he's not a doctor. His linkedin profile only lists a Bachelor's degree as his education. If he's got a PhD then he's Dr. Gavin Andresen, otherwise he's only Mr Gavin Andresen.

https://www.linkedin.com/in/gavin-andresen-6987971

Education

Princeton University
Bachelor's
1984 – 1988

As for FUD we only want to see a signed message we can check for ourselves. We'll all believe it if we are given a signed message, otherwise most of us won't.

[Denker]

So his only way out, if he doesn't have the bitcoins, is to say "I'm satoshi"... lol?

Yeah, funny. Lol. Did you know that Mr. Jon Matonis, @jonmatonis, Founding Director at Bitcoin Foundation, CEO of Hushmail, Columnist at Forbes, Chief Forex Dealer at VISA, Economist, has confirmed Dr. Wright to be the real Satoshi Nakomoto?

Not to mention that Dr. Gavin Andresen, Chief Scientist of the Bitcoin Foundation, said at a conference today that he believes Craig Wright is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

So how about you stop with the FUD, huh? No one's buying.

What FUD?
Wright shall prove it cryptographically to all of us. Open in the public. It's so easy if he really would be Satoshi.
But he isn't doing it! Why?
Furthermore the people here give a damn what Gavin Andresen or Jon Matonis say.And why? Because it doesn't matter.
This can be solved in a few minutes.Cryptographic prove and that's it. Or move one of the early mined coins. The story with the coins locked in a trust was just another story to fool us all.

[julian071]

ded ?

Not quite yet. First, Gavin and Craig Nakamoto will have to cry foul about the core-team revoking Gavin's priviliges. Then a lot of chaos and price dropping. Next, miners will get in trouble and more chaos will ensue. By that time it's time for the halving, and that will be the mercy blow for a lot of miners. More chaos. Then the real Satoshi sends a verifiable message that we should all buy Dash (or whatever) and he burns all his BTC. Then ded.

Of course, this would mean y'all should go long now, as usually the market does exactly the opposite of what I predict (at least when I put my money where my mouth is, and I did).

[belmonty]

So his only way out, if he doesn't have the bitcoins, is to say "I'm satoshi"... lol?

Yeah, funny. Lol. Did you know that Mr. Jon Matonis, @jonmatonis, Founding Director at Bitcoin Foundation, CEO of Hushmail, Columnist at Forbes, Chief Forex Dealer at VISA, Economist, has confirmed Dr. Wright to be the real Satoshi Nakomoto?

Not to mention that Dr. Gavin Andresen, Chief Scientist of the Bitcoin Foundation, said at a conference today that he believes Craig Wright is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

So how about you stop with the FUD, huh? No one's buying.

What FUD?
Wright shall prove it cryptographically to all of us. Open in the public. It's so easy if he really would be Satoshi.
But he isn't doing it! Why?
Furthermore the people here give a damn what Gavin Andresen or Jon Matonis say.And why? Because it doesn't matter.
This can be solved in a few minutes.Cryptographic prove and that's it. Or move one of the early mined coins. The story with the coins locked in a trust was just another story to fool us all.

+1

Gavin elaborated the "proof" he claims to have seen on gizmodo, but it all relies on his belief Craig Wright's computer had not been tampered with, and the Electrum software he used had not been tampered with.

http://gizmodo.com/gavin-andresen-i-was-not-hacked-and-i-believe-craig-w-1774226431

Andreen said that he had privately witnessed Wright giving more thorough and convincing cryptographic proof of his identity than what had been offered in the blog post, a claim he also made earlier this morning on Reddit.

“He signed, in my presence, using the private key from block one—block number one, the very first mined Bitcoin block, on a computer I’m convinced had not been tampered with, on software that I’m convinced had not been tampered with, a message of my choosing. And so that kind of sealed the deal for me, convincing me that he does have that private key,” Andresen said. “My interactions with him feel like this is the inventor of Bitcoin.”

Bitcoin was invented a trustless. We don't want to have to trust Gavin's appraisal of whether Wright's computer had been tampered with, we want cryptographic proof we can check ourselves.

[whoreble]

No matter how much proof Satoshi gives you guys, you'll still nitpick and find fault. No wonder he withdrew from this poisonous community.

[Syke]

No matter how much proof Satoshi gives you guys, you'll still nitpick and find fault. No wonder he withdrew from this poisonous community.

No, the proof is trivial, but has not been posted. Sign a message with the genesis block key and post it for us all to verify. Anything less is simply a scam.

[beastmodeBiscuitGravy]

Just when this moon rocket had liftoff too... sigh

So much anxiety, followed by pain, in this coin.

[thefunkybits]

No matter how much proof Satoshi gives you guys, you'll still nitpick and find fault. No wonder he withdrew from this poisonous community.

No, the proof is trivial, but has not been posted. Sign a message with the genesis block key and post it for us all to verify. Anything less is simply a scam.

Yup. This.

I'm expecting everything to be back to normal in 24 hours...

[anil1]

Is that one person can destroy the system bitcoin? 
Or, the strength of Bitcoin lies in who uses it? 
What is the element that has the most influence on the price of Bitcoin? 

[coinpr0n]

No matter how much proof Satoshi gives you guys, you'll still nitpick and find fault. No wonder he withdrew from this poisonous community.

Yeah, basically no amount of proof will ever be enough. But you must provide at least some proof for someone to be considered a candidate. We haven't seen any yet. We're told that he seems to control at least 1 (one) private key directly associated to Satoshi. But even this doesn't discard a real Satoshi having handed these keys to CW for whatever reason (eg. money). In fact, if I were Satoshi, I would have probably done something just like that a long time ago.