Black Swan Event: IF Craig Wright was part of Tulip Trust and dumps it all! Poll

[Searing]

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THIS IS A 'WHAT IF' THREAD FOR FUN! DON'T TAKE IT TOO SERIOUSLY! THE ODDS OF THIS BEING TRUE IS THE SAME AS THE PLANET BEING HIT

BY AN ASTEROID OR EVEN LESS! I am JUST HAVING SOME 'SCARE MYSELF' FUN HERE FOLKS! THIS IS DAMN NEAR AN IMPOSSIBILITY. IMHO!

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Just to stir the waters a bit with some likely FUD drama. I was trying to 'scare' myself the other day and was thinking:

What if Craig Wright was part of a Satoshi Group that really did have the other 2 members being Hal Finey and Dave Klieman?

Also what if they did form a 'Tulip Trust' of all the development coins and now that the other 2 members have passed away Craig Wright

(still noT Satoshi) benefits from this arrangement from back in the day and now really does have access to such development coins worth

approximately 10 Billion dollars from what I understand.

Assumption: He dumps all of his BTC as he states to try and destory Bitcoin Core and drive the price of BTC down furthering his own ends.

So the other assumption is the 1/2 will go to the Klieman Estate and the other 1/2 to Craig Wright.

So what are your views on what happens next under such a 'dire' scenario? Feel free to 'scare' your little selves silly with replies! This is all in fun! (shudder!)

Take the poll and post your replies below.

Brad

[Searing]

Reserved.

[RussaX]

He can dump it and I will buy some.
CW lies but in the end I doesen't really matter.

For Bitcoin it's doesen't change anything. Dumps happened and they will happen in the future but that doesen't matter for the Bitcoin because it doesen't affect it in any destructive way.
There are whales in the market who can manipulate the price but they are in stock market and everywhere so nothing spectacular. I sleep well as a Bitcoin investor and often I don't even check the price or what is happening in the market. Similar like with gold.
On the other hand stocks, altcoins and smaller projects that depend on certain group action, can easily be manipulated in destructive way.

[dothebeats]

Kinda have this feeling that CSW does have some BTC, though not in volumes which he describes on his interviews and some of the articles dedicated to him. It's just too far-fetched for this guy to belong to an elite group of bitcoin enthusiasts at the very early stage of the said cryptocurrency. I mean, the man can't even defend himself on  technical discussions against Roger Ver, moreso that his working knowledge on bitcoin and its intricacies are questionable and, at most, incomprehensible.

I'd say CSW takes the cake for 2019's biggest liar.

[xhomerx10]

I heard he was going to donate all his coin to educational institutions.

“I have about 8 billion dollars’ worth of bitcoin and I’m donating them. Not as a joke. I’m giving them away. I want them to go to education. So my BTC are not going to go to me. I’ll keep my bitcoin — the bitcoin I created, the bitcoin I still work on.”
“I’m going to give it so that people in Africa can be educated, so that people in South America can be educated, so that people over here doing STEM — not stupid courses, real ones that lead to someone learning how to code, learning how to do math, not studying medieval dancing. And I had a girlfriend who did medieval dancing as a Masters so trust me I know how stupid it is.”


edit: adding a link
https://www.ccn.com/craig-wright-bitcoin-vaudeville/

[Searing]

He can dump it and I will buy some.
CW lies but in the end I doesen't really matter.

For Bitcoin it's doesen't change anything. Dumps happened and they will happen in the future but that doesen't matter for the Bitcoin because it doesen't affect it in any destructive way.
There are whales in the market who can manipulate the price but they are in stock market and everywhere so nothing spectacular. I sleep well as a Bitcoin investor and often I don't even check the price or what is happening in the market. Similar like with gold.
On the other hand stocks, altcoins and smaller projects that depend on certain group action, can easily be manipulated in destructive way.

Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...

https://thenextweb.com/hardfork/2019/12/17/bitcoin-cryptocurrency-price-dump-ponzi-scheme-plustoken/

..so from just the money point of view it would

not be a big deal if he dumped 5 billion in USD BTC ..it likely would drive the price of BTC down to say 5-6k for a bit ..but it would recover.

My big fear on this 'it has to be impossible CW is part of Tulip Trust thread here' is that just having CW as a part of the Tulip Trust and being able to claim

he was with BTC proof and of course, say he was Satoshi to boot brings up my big 2 further fears.

1) wtf happens to BTC and hell all crypto if this nut can prove he has access to these BTC ...I mean hell I might sell just to get the bad juju off my hands with this NUT.

2) what about all the patents he has filed as Satoshi? Would he now have grounds to 'prove' with keys that he is last man standing in the Tulip project and bend this

to his greedy needs with bankers and big $$$ further into the future? (look at his games with BSV) shudder

scared self again..but everyone does know that IF BTC does go TULIPS in some manner I have no doubt in some manner it will be CW's fault..he is that evil!

shudder

[pooya87]

if Craig Scammer Wright had access to any moderate amount of bitcoin (let alone large amounts) he would have dumped it long time ago when he started his BSV scam so that he could push bitcoin down (crash it) while using the money to pump BSV in its initial phase to keep it alive and get people to notice it. now it is already too late, BSV has a low altcoin price and nobody gives a shit about it and no matter how much CSW tries in the future it won't have any high price ever.

Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...

wrong.
first of all we don't know how much they have sold. only a shitty blockchain analysis company tried to gain some popularity by spreading false information. only a small portion of what they allegedly own has been moved. the rest is still untouched. and those coins that were moved went through mixers which means nobody has any idea what their destination was.

secondly if they sold they never dumped any coins on the market. they sold some over the counter, obviously to avoid being traced and those coins aren't entering exchanges for a long time which means they have 0 effect on t he price.
whether people panic sold because of this fake news is a different speculation.

[Searing]

if Craig Scammer Wright had access to any moderate amount of bitcoin (let alone large amounts) he would have dumped it long time ago when he started his BSV scam so that he could push bitcoin down (crash it) while using the money to pump BSV in its initial phase to keep it alive and get people to notice it. now it is already too late, BSV has a low altcoin price and nobody gives a shit about it and no matter how much CSW tries in the future it won't have any high price ever.

Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...

wrong.
first of all we don't know how much they have sold. only a shitty blockchain analysis company tried to gain some popularity by spreading false information. only a small portion of what they allegedly own has been moved. the rest is still untouched. and those coins that were moved went through mixers which means nobody has any idea what their destination was.

secondly if they sold they never dumped any coins on the market. they sold some over the counter, obviously to avoid being traced and those coins aren't entering exchanges for a long time which means they have 0 effect on t he price.
whether people panic sold because of this fake news is a different speculation.

I stand corrected.


I also state that IF Craig Wright did have access (again 1 in 1000000 chance) it would not matter if he dumped it..sure price would dump and then recover in say 1/2 a year IMHO.

The thing that would bother me is if he got the keys and the if he 'verified' the claim he was part of the Satoshi Group with the other to likely members Klieman and Finney now passed and

his 'claim' that he was Satoshi. Likely if part of the Tulip Trust he really would NOT be Satoshi..but he damn well would take all the credit for sure.

The guy could cause a lot of FUD on that IMHO. That would be the real ugly part of all this and could drive BTC prices and adoption even further down than my

worse case 1/2 for say 1/2 year value of BTC dump in price. I mean, sheesh, what a PR nightmare for BTC/Crypto that would be. (Again, just scaring self)
 
Again, I'd have better odds of Craig Wright being Satoshi as NO WAY and prepping for the Zombie Apocolypse...but hey...I was bored and started this thread.

On a side note, WHO or even WHAT anonymous and LIKELY NON-Satoshi Address or Addresses have the 2nd most BTC if people can tell? And or could panic/dump Sell for whatever

the reason, legit or not.

What this whole thread and exercise in 'silliness' does entail...even if CW is a complete fraud and discredited..what if ANOTHER big wallet from back in the day

dumped for real-life issues or whatever. We'd still have the price dump issue without the PR drama. Is any non-Satoshi in the multiple billions of dollars range as well?

Curious..on that..not sure if anyone can tell between addresses that far back in time, however.

Again, I wonder what would be the adoption and price effect of a dump of one of those unused since 2009 or so wallets for whatever reason on BTC price and adoption?

[pooya87]

The guy could cause a lot of FUD on that IMHO. That would be the real ugly part of all this and could drive BTC prices and adoption even further down than

the thing about lairs like Craig is that they eventually turn to the boy who cried wolf. he has spread so much FUD and lied so many times that people are starting to simply ignore him as yet another idiot who talks nonsense about bitcoin.
which is why i wouldn't worry so much about his FUD anymore.

what if ANOTHER big wallet from back in the day
dumped for real-life issues or whatever. We'd still have the price dump issue without the PR drama. Is any non-Satoshi in the multiple billions of dollars range as well?

well over the course of previous 3 years due to bombardment of airdrops (bitcoin forks), enormous price rise,... a lot of these old coins have been moving. sometimes it is just whales splitting their coins among multiple addresses, sometimes to new address format (bech32) for the sake of splitting or claiming airdrops or even selling some for profit. i can't think of any major drops that could be solely because of these moves. sometimes the value is even in the billion of dollars!
there will always be some panic but so far the panics have been small and never changed the overall trend.

[Broly46]

I’d trust some of his words for it once he promise to eat his own ❤️❤️❤️❤️ if bitcoin didn’t ❤️❤️❤️❤️.

[Searing]

Fake Satoshi or part of the Tulip Trust and he gets half the dev coins...whatever the real outcome....the issue of such will be RESOLVED...if he wants to destroy BTC and Bitcoin Core at that point in time he might try

but, man why destroy all that value with legacy addresses when you can have all Three?

BTC/BCH/BSV...so if he is part of tulip trust and the price of BTC Core is driven down as such...just the

whole resolution of all these coins out there never moving or the whole who has access to such being resolved..will surely drive the price down..maybe as low, IMHO, as $4k. The

relief of having such resolved and people will still frigging hate Craig Wright regardless..simply will mean a buying opportunity on everyone's part if the legacy coins do eventually more

a little or in mass.....again,...to buy at whatever cheaper price and move on from all this drama.

 I think it would be on this still very unlikely scenario to be our future...so F*ck you Craig Wright...sell what you want cheap coins we will buy it all and simply...again..due to

the resolution of tulip trust drama from yourself, eat up the temporary cheap BTC core con and the price of BTC core coin will simply rise again.

 I doubt that the 1/2 the court gave these 'supposed' the Klieman family estate will act in a

irresponsible manner...anyway, I'm in HODL mode, a vision of decentralized crypto by Craig Wright as he claims means I'd be out of it all ...as I assume many would be..on such a future.

Boom or Bust Baby. Worse Case? I see a major BUY on BTC core...if such unlikely silliness were to come to pass...so bring it on! Again, I think this is not likely..but even so..it will resolve

in BTC cores favor...IMHO, just from the bad blood in the crypto world toward Craig Wright. So the more BTC he supposedly could sell from the tulip trust the less in his control..hell,...

I'd buy every frigging BTC core I could off the shmuck just for the sheer pleasure of it...as I am sure many on here would do as well.

So put up or shut up Fakesaoshi...we are ready for you! Smiley

(sorry end of rant)

[Searing]

Further rant from another thread....I swear if this nut CW has access to any tulip trust funds...I'm gonna buy BTC-Core even if I have

to take out a 10k loan to do so. This will not end without a pushback from current BTC-Core users and whales. Count on this!

start of rant (put me on /ignore everyone else does if this is all too much)

So say CW has the tulip trust kesy and 1.1 million BTC. According to the court 1/2 will go to the Klieman estate...so he now loses 50% control. Then you take taxes on the works at 15% (in usa on cap gains ..unsure of australia) he is 15% down further on his 1/2 of supposed tulip trust coins.

The Klieman Estate would be in the same boat, but I assume they would act towards BTC Core in a responsible manner.

I also can't see how CW could destroy BTC Core without the destruction of a lot of his new found 'supposed' weatlh. Thus I suspect if all this

horror happens to be true and he has tulip trust keys he will simply behave responsibly with the BTC core stuff...no matter how much he

wants to be the 'true' BTC. It is greed don't ya know. This way his meglomania if he did act responsibly would postion him as the individual in the

world with the most BTC/BCH/BSV with these legacy BTC addresses. He will simply have too much fun with this and his ego to burn half

of his above fortune to drive BTC Core and BCH out of existence. So if he did act responsibly he keeps all the BTC core value and his BSV

probabaly (shudder) would get to 1K ...so why f*ck with the economics of just talking the talk but leaving your massive fortune intact?

Of course, if CW has the keys, even if he can control his 'meglomania' to simply shouting how great he is and Satoshi garbage...we will be

hearing from this nut for years. I myself would kinda like him to sell all his BTC-Core bit by bit over time to BSV. I would take 10k out

in a loan just to take that BTC away from him. Again, I can not see the BTC Core Whales and others not pushing back on him. He is so

despised, at worst if he tried to sell in mass everyone would say 'good' and buy his BTC Core coins to make him less relevant.

Anyway, the above horror fiction can't be true. I suspect at worst...CW will show the judge some address with some of his early

mining BTC inside...at best...and say that it seems the tulip trust did not give him full access and only partial access to tulip trust..so

sad he will say and dump the BSV on the pump and walk away with even more $$$ that are not connected to the court ruling.

Anyway, as usual in HODL mode, worse case we have 4k BTC-Core coin till everyone like me gobbles it back up away from the CW nut.

end of rant (off to get a medical beer to calm down)

[wack slacker]

Since Satoshi left the bitcointalk forum.  Bitcoin is governed by the Bitcoincore community and the Bitcoin minner, I feel that Bitcoin is very powerful and cannot be broken.  C.W proclaimed himself Satoshi it was a hoax, no one believed it.  Following my friend's bitcoin fraud allegations, I do not believe that C.W has enough dignity to continue to lead Bitcoin if he is Satoshi.

[Searing]

Since Satoshi left the bitcointalk forum.  Bitcn is governed by the Bitcoincore community and the Bitcoin minner, I feel that Bitcoin is very powerful and cannot be broken.  C.W proclaimed himself Satoshi it was a hoax, no one believed it.  Following my friend's bitcoin fraud allegations, I do not believe that C.W has enough dignity to continue to lead Bitcoin if he is Satoshi.

Thus ..if IMHO, CW was not such a 'megalomaniac' with low self-control...what he likely should so would be to say is that he now will promote BSV and BSH is inconsequential as an

altcoin and that he won't crush them on that irrelevant theme. As far as BTC-Core if he said that he will not try to destroy such and put a HODL on any dumping of BTC-core and let

the market work out the best Bitcoin..he would come off as frigging reasonable indeed....that would mean as the person with the MOST BTC-Core/BCH/and BSV in the world...

BTC-Core would be stable and likely go

up...BCH probably would go sideways and act more like and altcoin...and BSV would likely climb in that time period to say at least $2k to 3K.

IF he did try to take down BTC-Core in a 'burn the house down' mode of using or selling his legacy coins to do so..he might pull it off or he might just galvanize everyone to

fight him tooth and nail. It is like these people never read or saw a cartoon on how 'evil-geniuses' are supposed to triumph..sheesh...

If he does the above after a year his BSV wealth would at least double or triple...BTC-Core..hell that would likely go well past 10k just because of BTC-Core (as a store of value)

infrastructure is in place..and at

worse BCH price would go sideways...and now with little effort (than keep his mouth shut) he is probably 20% more wealthy and as I said BSV has gotten more legitimacy

and gone up 3 or 4 times its current say $350 price. And of course, it is a year gone by and he STILL has the most BTC-Core and BCH and BSV coin than any individual ..indeed

say 20% more. I mean it is frigging obvious what he should do. He also must pay his taxes on this and he must pay the Klieman Estate...hell, all he has to do is act like a

'normal' super-rich asshole and act in his own greedy self-interest with above and he would come out smelling like roses compared to his previous antics.

I doubt he can do this. He has real psychological problems IMHO if I had to say what it was it is an epic case of 'delusional megalomania'...

so hell, it likely will be the worst way to manage such a windfall and will be used in business textbooks for decades on how you can have the world's biggest dumpster fire.

Again, the push back on CW, if he does have the keys and does try to pull more epic stunts, would be massive IMHO. So my bet is on the current Bitcoin-Core super-rich

assholes working from logic to further their greed in this fight, then CW any day of the week.

(hmmm...I seem to be going through a lot of medical beers the last few days...puzzling indeed)

[kryptqnick]

Hopefully, this doesn't happen even if Craig's Tulip Trust story is real (he still has a couple of weeks before being legally obliged to transfer half of the money he claims he has, I'm waiting for that to resolve but don't expect that it actually will). Craig might not sell Bitcoin but rather try to make huge trading orders to manipulate the market as well as potentially gain profit. I think this would be a way worse scenario than if he just sells the coins, actually. If he sells and works on Bitcoin SV or whatever, I believe that Bitcoin will get extremely weak (we might see it losing about 70% of the price again), but it will eventually get over it. If Craig uses the money to buy and sell all the time, this could be a big disturbance until he calms down.

[Searing]

Hopefully, this doesn't happen even if Craig's Tulip Trust story is real (he still has a couple of weeks before being legally obliged to transfer half of the money he claims he has, I'm waiting for that to resolve but don't expect that it actually will). Craig might not sell Bitcoin but rather try to make huge trading orders to manipulate the market as well as potentially gain profit. I think this would be a way worse scenario than if he just sells the coins, actually. If he sells and works on Bitcoin SV or whatever, I believe that Bitcoin will get extremely weak (we might see it losing about 70% of the price again), but it will eventually get over it. If Craig uses the money to buy and sell all the time, this could be a big disturbance until he calms down.

how does ths cap gains work?

is it 15% off the whole hoard, for capital gains? and thus comes out to 7.5% for each party on a 50/50 split?

or is it a full 15% cap gains for each party, when it hits their wallet?

if nothing else at least the cap gains from various governments ...will go out in the world as an auction...and IMHO not affect price due to winning the bid as a fixed

price is attractive by whatever whales grab those lots (likely will HODL) and thus should not affect the price per se, by that much of a buy and whales chasing prices on regular market.

I assume the Klieman Estate if they got such can afford proper advisors and will not run amuck

So that leaves whatever the above is (via how cap gains are figured) for CW to act like an ass with.

So (1) both parties lose taxes to btc/bch/bsv/btd/btg etc, etc and the main thing here is that goes out in the world in an auction and responsible manner when the BTC moves

(2) Assuming Klieman Estate acts responsibly and does not run amuck and dumps

(3) losing cap gains taxes and also losing 1/2 to the Klieman Estate could be seen as a blessing in disguise...a lot less for CW to be an asshole with

small comfort if he does have access to tulip trust...but if that catastrophe happens I'll take what I can get from this mess,'

All I've got...it is damn hard to pull fairy dust/rainbows/and unicorn farts out of the above unlikely black swan event..but hey its something right?

Brad

[outatime1]

I don't think he has access to the Bitcoins based on his past lies, however, if I'm wrong and he dumps them on the market, the supply increases so price decreases.

[Searing]

I don't think he has access to the Bitcoins based on his past lies, however, if I'm wrong and he dumps them on the market, the supply increases so price decreases.

Yep...I was just pointing out that because he has to split 50/50 with the Klieman estate if such a black swan event happens (plus taxes) at least he will have LESS

to toss about...if he would have not lost the case to the Klieman's Estate...and then held most of it and paid out taxes a bit at a time as he used the whole hoard.

On the other hand, if CW does get access in whatever amount to whatever part of the supposed Tulip Trust..I suspect the horror/dismay/anger/angst and general pissed

off folk that supports bitcoin core will rally and just frigging BUY any BTC he dumps...I'd rather him dump his BTC and be a rich fiat USD asshole than keep all that BTC!

I mean I really, really would take out $10k from my home equity and buy at 3K or 2K BTC just to have the pleasure of taking some BTC away from the Pr*ck!

I'm sure there are a lot of frigging whales that hate CW's guts to do the same. I shudder at the horror of such a black swan senario...but backlash? After how CW has

BTC trust has likely passed away. The guy is a massive delusional megalomaniac of epic proportions.

By being such, the rally to stop whatever antics he would try, if he did have access to the tulip trust, I assume would also be epic in pushback!

(damn, I'm going through a lot of medicinal beers after posting these rants...think zen-like thoughts...sip beer..ahhhhh!)

[gentlemand]

https://decrypt.co/16998/confirmed-craig-wright-doesnt-have-keys-to-8-billion-of-bitcoin

Amazingly enough he doesn't have them.

But just in case he said he might have them some day so the fear and terror continues. Just when we thought we were out he pulls us back in.

[Searing]

https://decrypt.co/16998/confirmed-craig-wright-doesnt-have-keys-to-8-billion-of-bitcoin

Amazingly enough he doesn't have them.

But just in case he said he might have them some day so the fear and terror continues. Just when we thought we were out he pulls us back in.

Yeah, this thread is like a horror story about the great crypto Zombie menace...it is fun to speculate on and scare yourself so you pee a little bit...

but it is unlikely as hell that CW is part of the Tulip Trust...even is such existed.

I must admit he is the master of self-destructive and delusional megalomania in a constant state of flux though...it is like the more people hate him and

pay him negative attention the more stable he becomes? (no that can't be right)

I suppose it would be impossible to actually diagnose CW's mental condition.

...oops...guess you can....look below

https://en.wikipedia.org/wiki/Narcissistic_personality_disorder

If only he could put on a marathon BTC and Crypto Talent Show to get crypto for this cause and its treatment!

Then he could have all the attention and admiration and self-glory he wanted.

Alas, we are likely stuck with this nut till the blessed relief when an Asteroid takes us human's out of our misery. (Ah, blessed relief from CW!)