Long term advance notice!

[CryptoBry]

What makes you believe Wright and company have the means to do that? Just because he says so? They may have thousands of coins to dump and a non-negligible amount of hash rate, but I think the market will roundly reject their attempts to push the price down. Like 2012 and 2016, there will probably be a selloff near the halving and they may push the market even further down, but I'm confident their sells will be absorbed (like the last two halvings) and miners will continue to invest in BTC mining. These guys are just like any other whales that try to manipulate the market in the wrong direction. The market will chew them up and spit them out if they try.

In my own opinion, we have a more mature market right now compared to many years ago when people can easily be swayed by FUDS and baseless opinions. I don't think CSW has that capacity he mentioned in that post. He is just bluffing and he is enjoying if he can fool even just one person much more if he is gaining the attention of thousands. Let Craig Wright say whatever he wants to say -- the more we listen to him the more he is encouraged to send us more jokes.

[hv_]

Legally he must inform in advance if he indents to sell large amounts.

According to what laws? BTC isn't a security and Craig Wright is not a company insider. He doesn't need to disclose anything under any law I've ever heard of.

There's no such thing as "insider trading" with BTC so he doesn't need to use a 10b5-1 plan or anything like that. And if he were trying to comply with Rule 10b5-1, his little social media FUD doesn't meet the requirements.

Right, he doesn't really need to atm - there is no regulation in place.

But to be save u might deduct things from standard regs, like for (finite) stocks - where u can calc e.g. thresholds and more,  and must report such stuff in most juristictions.
That's kind a proactive due dilligence.

 

[jademaxsuy]

getting fear out of uncertainty might be the reason why craig always do the talking. Since he had also been holding huge coin then he has the capacity to push down or up the coin. Well, let just say that this is part of their strategy to earn more and at the same time to give more excitement among cryptocurrency users. It is somehow good to have like Craig for even if he had a good or bad publicity is will do good for cryptocurrency.

As the days passed in the stay here in the forum, I have learn a lot with bitcoin and that is one important thing that happen.

[pushups44]

I ask what will happen to Bitcoin.com and if Roger will lose it. The chances of it happening are high, unlikely in weeks.

It is fair to say there is great confusion at current time of what is "Bitcoin". Bitcoin is what is described in the white paper, the building plan.
We all can agree (feel free to disagree) Craig did not create SegWit and there is no mention of it in the white paper.
If someone has a building plan of a bridge and he builds a house, he will have a hard time convincing someone with brains that he build according  plan.

What I say or anyone else on the net is irrelevant, everyone has his own brain to use.

OK, I'm glad you are at least acknowledging that Roger Ver will not surrender Bitcoin.com in "weeks" anymore. These types of details matter. Anyway, I searched the net for the original post by CSW threatening to unload one million BTC on the market, and all I found was some troll forums posting it. Also, bear in mind, he is currently embroiled in a lawsuit in Florida over these bitcoins. If he were to sell, assuming he has them, there could be serious legal and perhaps criminal implications for him. While I doubt he's Satoshi, there is a remote possibility he has access to a substantial amount of bitcoins.

[Reid]

What makes you believe Wright and company have the means to do that? Just because he says so?

They may have thousands of coins to dump and a non-negligible amount of hash rate, but I think the market will roundly reject their attempts to push the price down. Like 2012 and 2016, there will probably be a selloff near the halving and they may push the market even further down, but I'm confident their sells will be absorbed (like the last two halvings) and miners will continue to invest in BTC mining.

These guys are just like any other whales that try to manipulate the market in the wrong direction. The market will chew them up and spit them out if they try.

And that is why he is doing this.

Posting it to different social media network to gain the eyes of the people.
There will always be believers and they will follow what he said. But I dont think that is still enough to topple the price of bitcoin.
Yes, it might shake a bit but not to extent that will be going back years ago that consumed some holders into panic without any reason at all.

This is all just part of their greed technique to make easy profit. It is too obvious.

[ðºÞæ]

I ask what will happen to Bitcoin.com and if Roger will lose it. The chances of it happening are high, unlikely in weeks.

It is fair to say there is great confusion at current time of what is "Bitcoin". Bitcoin is what is described in the white paper, the building plan.
We all can agree (feel free to disagree) Craig did not create SegWit and there is no mention of it in the white paper.
If someone has a building plan of a bridge and he builds a house, he will have a hard time convincing someone with brains that he build according  plan.

What I say or anyone else on the net is irrelevant, everyone has his own brain to use.

OK, I'm glad you are at least acknowledging that Roger Ver will not surrender Bitcoin.com in "weeks" anymore. These types of details matter. Anyway, I searched the net for the original post by CSW threatening to unload one million BTC on the market, and all I found was some troll forums posting it. Also, bear in mind, he is currently embroiled in a lawsuit in Florida over these bitcoins. If he were to sell, assuming he has them, there could be serious legal and perhaps criminal implications for him. While I doubt he's Satoshi, there is a remote possibility he has access to a substantial amount of bitcoins.

The original post was on twitter https://twitter.com/ProfFaustus/status/1090075307439058944 but as twitter closed his account it's no longer available.
Its impossible to sell 1100111 BTC in one go (the tulip trust which becomes available on January 1, 2020)  the market could not even handle a tenth of it on a single sell order.

Exhibit 17 of the court case email to daves father he claims there is three key people* in the creation of bitcoin.
https://www.scribd.com/document/372445146/Exhibit-17

As he has the bitcoin copyright he can go to US Court and ask to issue an order for BCH and BTC to REMOVE the Bitcoin white paper from their network, their documents, their sale materials, and web sites such as Bitcoin.com, Bitcoin.org

Legal / criminal implications for selling his coins, how so? it the whole point of an advance notice if someone intents to get "cheap" coins they can get organized. Did anyone have any implication selling any of the forks coins when the got them.


*The third person maybe him, a guess.

[LUCKMCFLY]

What makes you believe Wright and company have the means to do that? Just because he says so?

They may have thousands of coins to dump and a non-negligible amount of hash rate, but I think the market will roundly reject their attempts to push the price down. Like 2012 and 2016, there will probably be a selloff near the halving and they may push the market even further down, but I'm confident their sells will be absorbed (like the last two halvings) and miners will continue to invest in BTC mining.

These guys are just like any other whales that try to manipulate the market in the wrong direction. The market will chew them up and spit them out if they try.

And that is why he is doing this.

Posting it to different social media network to gain the eyes of the people.
There will always be believers and they will follow what he said. But I dont think that is still enough to topple the price of bitcoin.
Yes, it might shake a bit but not to extent that will be going back years ago that consumed some holders into panic without any reason at all.

This is all just part of their greed technique to make easy profit. It is too obvious.

What happens is that these people have many influences in the networks, in news, that is, you could say that you can manipulate some news media to achieve certain goals, which is what the Strong Handas have always done when they want to instill panic in the people to sell them cheaply.

[pushups44]

I ask what will happen to Bitcoin.com and if Roger will lose it. The chances of it happening are high, unlikely in weeks.

It is fair to say there is great confusion at current time of what is "Bitcoin". Bitcoin is what is described in the white paper, the building plan.
We all can agree (feel free to disagree) Craig did not create SegWit and there is no mention of it in the white paper.
If someone has a building plan of a bridge and he builds a house, he will have a hard time convincing someone with brains that he build according  plan.

What I say or anyone else on the net is irrelevant, everyone has his own brain to use.

OK, I'm glad you are at least acknowledging that Roger Ver will not surrender Bitcoin.com in "weeks" anymore. These types of details matter. Anyway, I searched the net for the original post by CSW threatening to unload one million BTC on the market, and all I found was some troll forums posting it. Also, bear in mind, he is currently embroiled in a lawsuit in Florida over these bitcoins. If he were to sell, assuming he has them, there could be serious legal and perhaps criminal implications for him. While I doubt he's Satoshi, there is a remote possibility he has access to a substantial amount of bitcoins.

The original post was on twitter https://twitter.com/ProfFaustus/status/1090075307439058944 but as twitter closed his account it's no longer available.
Its impossible to sell 1100111 BTC in one go (the tulip trust which becomes available on January 1, 2020)  the market could not even handle a tenth of it on a single sell order.

Exhibit 17 of the court case email to daves father he claims there is three key people* in the creation of bitcoin.
https://www.scribd.com/document/372445146/Exhibit-17

As he has the bitcoin copyright he can go to US Court and ask to issue an order for BCH and BTC to REMOVE the Bitcoin white paper from their network, their documents, their sale materials, and web sites such as Bitcoin.com, Bitcoin.org

Legal / criminal implications for selling his coins, how so? it the whole point of an advance notice if someone intents to get "cheap" coins they can get organized. Did anyone have any implication selling any of the forks coins when the got them.


*The third person maybe him, a guess.

OK, but a legal fight for possession of these intellectual assets would take years - they would wind through the courts and then get appealed. You do know that in some cases this process can take longer than five years? The courts in the U.S. are very slow. This is a best-case scenario, mind you.

I still don't think CSW will accomplish what he claims, given his goofiness and awkward way of asserting himself.

[ðºÞæ]

Putting the pieces together it appears team Satoshi as:

• Craig, having the idea, wrote the white paper, registers and paid for the Bitcoin.org domain in 2008 (has tax records of it)
• Dave, proof reading and helping with complex math issues.
• "Unknow", implementing the code of the white paper (writing it) and communicating on the forum.

Ira, Dave's brother has absolutely nothing to do with Bitcoin and at first even voluntary forfeiting Dave's inheritance. (Dave died a miserable death)
Dave Kleiman needed money badly—his house was under foreclosure and he spent nearly three years in a VA hospital before he died.
Ira only later he became hyper greedy.
We may find out how much he will get within weeks.

It is rumored that Dave had a similar amount on his hard drive, but if that walled can ever be accessed is another matter.

[figmentofmyass]

Putting the pieces together it appears team Satoshi as:

• Craig, having the idea, wrote the white paper, registers and paid for the Bitcoin.org domain in 2008 (has tax records of it)
• Dave, proof reading and helping with complex math issues.
• "Unknow", implementing the code of the white paper (writing it) and communicating on the forum.

Ira, Dave's brother has absolutely nothing to do with Bitcoin and at first even voluntary forfeiting Dave's inheritance. (Dave died a miserable death)
Dave Kleiman needed money badly—his house was under foreclosure and he spent nearly three years in a VA hospital before he died.
Ira only later he became hyper greedy.
We may find out how much he will get within weeks.

It is rumored that Dave had a similar amount on his hard drive, but if that walled can ever be accessed is another matter.

the bit about him paying for the bitcoin.org domain is obviously bogus. that screenshot is totally fake. like every other attempt at "proof" he offers, it was quickly debunked: https://twitter.com/Mike__V_/status/1116752341108240384

what's your source for this elaborate story anyway, craig wright's court documents? isn't it plausible that he is just making it all up?

[ðºÞæ]

A screenshot does not prove anything. Visa/Mastercard must keep payment records for 25 years and present in court if needed, not float about on net.
Same tax records for that payment is available to court.

Fact is someone paid for the Bitcoin.org domain in 2008 it is not something to make up (fabricate).

[el kaka22]

It doesn't really matter what Craig says, he can do whatever he wants, there is no central organization or person that can stop bitcoin. He can sell all he wants and he can try to blackmail people into switching to his side as long as he wants but in the end when people don't care and don't listen there is nothing he can do.

He can blackmail by fully covering all of transactions creating what could be a problem for the miners but as long as miners keep on believing that not listening to Craig is the most profitable way they will continue mining the way they always do and will have trouble for a while but in the long term still be much more profitable then listening to Craig hence why it is certainly impossible that this will have a long term affect on bitcoin even if it happens.

[Last of the V8s]

-snip-

This part is also ridiculous and also dishonest.

They'd have to store up millions of the most efficient - at the time of this 'attack' - mining rigs but not mine on them yet.

The budget to do that is left as exercise to the reader.


 # Craig Wright is a fraud.

[hv_]

-snip-

This part is also ridiculous and also dishonest.

They'd have to store up millions of the most efficient - at the time of this 'attack' - mining rigs but not mine on them yet.

The budget to do that is left as exercise to the reader.


 # Craig Wright is a fraud.

U cannot prove that - que up with all the trolls pls

[Pursuer]

I still haven't figure out what is up with some users on this forum who insist on saying there is some shred of truth to someone who has clearly been lying all this time! I mean the lie was clear from day one when he claimed he is Satoshi and could not provide any proof and instead offered payment to multiple bitcoin core developers to support his lie and only one (Gavin) accepted it which made him also look like a fool.
in any case the story of CSW died that day but it is being kept alive by certain people for some reason which makes me curious...

[Cryptotourist]

U cannot prove that - que up with all the trolls pls

Hey, I'm Satoshi. If you try to disprove me I will sue you.

[hv_]

U cannot prove that - que up with all the trolls pls

Hey, I'm Satoshi. If you try to disprove me I will sue you.

Go public and I might check out

Shut up otherwise

[exstasie]

-snip-

This part is also ridiculous and also dishonest.

They'd have to store up millions of the most efficient - at the time of this 'attack' - mining rigs but not mine on them yet.

The budget to do that is left as exercise to the reader.

What a ridiculous idea. It would cost $1-2 billion to successfully 51% attack Bitcoin. Not only that, but Craigy and and crew would need ~2.5 million top shelf ASIC units! Where the hell is he going to acquire those, especially after his schism with Roger Ver and Jihan Wu?

Only the dumbest people alive could believe this nonsense.

[Last of the V8s]

-snip-

This part is also ridiculous and also dishonest.

They'd have to store up millions of the most efficient - at the time of this 'attack' - mining rigs but not mine on them yet.

The budget to do that is left as exercise to the reader.


 # Craig Wright is a fraud.

U cannot prove that - que up with all the trolls pls

You must get better with language if you don't want to continue to be seen as a mere troll yourself.
I made 7 assertions there, but you only refer to one of them. Not only are you wrong about that, because Craig Wright is indeed a proven fraud, you have also implicitly agreed that the rest of my post is correct.
You implicitly agreed that the rest of ðºÞæ's post is ridiculous, and the part I quoted.
You implicitly agreed that the rest of his post is dishonest, and, yes, the part I quoted.
You implicitly agreed they'd have to store up rigs, and they couldn't mine on them yet.

This kind of flip response is typical for you, and you are not doing yourself or the reader any justice.

[Cryptotourist]

U cannot prove that - que up with all the trolls pls

Hey, I'm Satoshi. If you try to disprove me I will sue you.

Go public and I might check out

Shut up otherwise

You can't check out anything if your life depended on it.
BTW I thought this was a public forum.