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Topic: Court documents are suggesting CSW may control 1.1m BTC. He is planning to sell! - page 4. (Read 1070 times)

legendary
Activity: 2898
Merit: 1823
Are those the same documents from 2011 or 2012 that was later exposed as fake, because the font that was used was not invented until 2015?
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Trusts exist for a reason. Ask the queen of England, she will tell you that she owns some dirty underwear and thats it, everything else is in a trust.

What was the point of creating Bitcoin, then? If you read the whitepaper, the point was to eliminate trusted intermediaries and custodians like trusts. Wright's convoluted excuses contradict the whole premise.

He trusts mathematics. It seems as if the trustee is Bitcoin itself as no person knows or hold address, keys to be able to access coins.
Using trusted intermediaries to sent coins is another issue.

btw  2 trusts exist with a total of 1.9 Million to able to use/sell if David followed protocol
Trust I 1.1 M
Trust II 0.8 M
Al the trust is with David. 
The court case is all about what percentage was Davids share, if any at all.
The real Bum in the whole thing is Davids brother Ira, never visited his dying brother in hospital or at home, initially voluntary forfeited the inheritance and has disposed of  Davids computer equipment. Only after Craig contacted Davids father at told him to hold on to the Computer equipment as its valuable (to late, Ira already dumped it) greedy Ira now things he is entitled to 10 Billion even so he has absolutely nothing to do with Bitcoin.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
Trusts exist for a reason. Ask the queen of England, she will tell you that she owns some dirty underwear and thats it, everything else is in a trust.

What was the point of creating Bitcoin, then? If you read the whitepaper, the point was to eliminate trusted intermediaries and custodians like trusts. Wright's convoluted excuses contradict the whole premise.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
All these nonsense coming from Faketoshi CW are getting pretty boring, he is not Satoshi Nakamoto he does not have 1.1 million BTC in his pocket. He's so brilliant scientist that he forgot how important is to backup private keys, so he can not prove anything.

And Kleiman wasn't Satoshi either, because if he was, someone would find some evidence already, but no one did. I don't follow the drama too closely, but from what I understand, CSW now claims that he and Kleiman were Satoshi together, and that 1 million coins is now held by some trust, which is laughable, because the real Satoshi would never do such a stupid thing as to entrust his coins to someone else- Bitcoin was created to be your own bank.
Trusts exist for a reason. Ask the queen of England, she will tell you that she owns some dirty underwear and thats it, everything else is in a trust.
hero member
Activity: 2352
Merit: 905
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You know, what must happen now is for CSW to make a statement like John McAfee and promise us that he would eat his dick, if something like this does not happen. He is making these wild announcements and statements without any repercussions and that makes him dangerous.

The courts must deal with him and get rid of him, because he is a nuisance and there are gullible people out there that fall for his nonsense. We know he is full of sh@#$, so we ignore his rubbish statements, but it takes time to counter and repair the damage that statements like this does to the people that fall for this.  Angry
It's really shame how these people act, they want to have reputation but at the same time act like a trolls but they are it in reality. Then all hate comes on bitcoin, this coin achieved something that they can't ever achieve and for this reason they hate it and create shit altcoins, then do bad propaganda against bitcoin but as always, they fail and fail. I think no one gives a shit what they think or say, to my mind their posts must be automatically considered as a spam by social networks Cheesy
legendary
Activity: 3038
Merit: 2162
All these nonsense coming from Faketoshi CW are getting pretty boring, he is not Satoshi Nakamoto he does not have 1.1 million BTC in his pocket. He's so brilliant scientist that he forgot how important is to backup private keys, so he can not prove anything.

And Kleiman wasn't Satoshi either, because if he was, someone would find some evidence already, but no one did. I don't follow the drama too closely, but from what I understand, CSW now claims that he and Kleiman were Satoshi together, and that 1 million coins is now held by some trust, which is laughable, because the real Satoshi would never do such a stupid thing as to entrust his coins to someone else- Bitcoin was created to be your own bank.
legendary
Activity: 3248
Merit: 1402
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If it so happens that he actually will soon gain control over more than a million BTC, let him sell. Sure, the price will likely drop by a lot, but I only see that as a buy opportunity. Bitcoin will rise back up as quickly as it dropped. In the long term, it's nothing but a small blip on the price charts.
Good point. A guy like that should not own a significant amount of BTC and use it for manipulations. It's better to suffer once and become free from him. And it's not just a buy opportunity, but also a decentralization opportunity. One guy sells a lot of BTC, many people buy it and now there isn't a guy that can make the prices drop significantly. I do hope he doesn't have that much or won't be able to sell that much in a short period of time. It's just too significant, and can indeed be a cause of another bearish market. Who knows how much time Bitcoin will need before we see another recovery.
legendary
Activity: 3234
Merit: 5637
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Old news from time when Faketoshi is only trying to convince people that he have power to throw bitcoin on knees and declare his shitcoin as only real bitcoin. But we know today that his life is made up of lies and deception, and that if he have 1 million of bitcoin they would be dumped back in 2017 when price was $20k.

All these nonsense coming from Faketoshi CW are getting pretty boring, he is not Satoshi Nakamoto he does not have 1.1 million BTC in his pocket. He's so brilliant scientist that he forgot how important is to backup private keys, so he can not prove anything.
sr. member
Activity: 1022
Merit: 264
Another scare tactics from him . I don't even believe he got so many BTC Smiley He should be carefull what he is typing there , did he put in his tax declaration that he hold so many btc ? I bet not lol Smiley
legendary
Activity: 2912
Merit: 6403
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When they were fighting a war between BSV and the current BCH, faketoshi did not stop making threats on twitter saying that he would sell many bitcoins and that the price would fall a lot, today the price is $ 11500. The guy really needs treatment in the psychologist.

Claims or plans made by CSW should be treated as those made by children playing cops and robbers.

If anyone is terrified by the potential sale of 1m BTC by CSW you should really be scared cause I also plan to sell 10 million BTC.
Fortunately for everybody, I don't have those coins either  Grin Grin Grin


why are you reviving a 7 month old trolling attempt?

I don't understand it either.
I was expecting the OP to be a btcsv shill but it turns out that he actually didn't believe CSW had any coins..a few days weeks ago 1 2

So, maybe he's just trolling also?
hero member
Activity: 3038
Merit: 634
I'm not taking him seriously. Each word that he says, I don't care and I don't feel that he really has it. But this could be a buying signal as he brings fear to the bitcoin community.

there are gullible people out there that fall for his nonsense.
Exactly as what I'm thinking. He's trying to force people to sell so that he can buy more and halving is coming so basically it has a price impact. He doesn't want people to ride the boat if that happens so, he throws them away to his useless altcoin.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
You know, what must happen now is for CSW to make a statement like John McAfee and promise us that he would eat his dick, if something like this does not happen. He is making these wild announcements and statements without any repercussions and that makes him dangerous.

The courts must deal with him and get rid of him, because he is a nuisance and there are gullible people out there that fall for his nonsense. We know he is full of sh@#$, so we ignore his rubbish statements, but it takes time to counter and repair the damage that statements like this does to the people that fall for this.  Angry
hero member
Activity: 2814
Merit: 911
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From what i understand CSW does not have those coins in his arsenal and he even said that in the court and i am not sure how can he sell millions of coins in the market that he does not have  Huh .  Lets see what they say about the Tulip trust they are talking about and how they have secured the coins makes it impossible for anyone to retrieve the coins and if it is a true story they have used Fiat- Shamir Identification Protocol and three people have those details and if they combine they could unlock the coins, but one of the person who is said to be the holder Dave Kleiman is already dead, so there is no way anyone could sell any coins.

END STORY: No one can sell anything that they do not have any control  Tongue.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
sr. member
Activity: 980
Merit: 261
CSW is messing the crypto world, if he is the real satoshi he wont do everything that can destroy the industry. Well on the other hand it is a good time to buy bitcoins if the price drops if CSW will truly made his plan.
member
Activity: 532
Merit: 41
https://emirex.com


This is just another joke from an official joker named as Craig Wright and we should not believe everything he is saying. In the first place, why would you telegraph your punches to the whole world not unless this is just a threat which carry no value. anyway, if he has the control of those coins then of course he has all the right in this world to sell them...so be it. I am sure the market as it is now on the upswing can easily absorb that much bitcoin and then we can partly get rid of this man.

However, we should always remember that this certified fakestoshi is contributing a lot of entertainment value on the world of cryptocurrency and on that regard we might give him a trophy as the Best Comedian Actor on this industry. And I am sure many will be agreeing with me on this. Let the man entertain us for as long as he wants.
legendary
Activity: 3472
Merit: 10611
why are you reviving a 7 month old trolling attempt?

this was purely done to manipulate bitcoin price and crash the price below the very strong buy support of the time at $6k and short it while the crash happened. CSW has a lot of bitcoin but they are all bought recently and mostly through the BCash BSV fiasco where they created money out of thin air and used it to buy more bitcoin so they needed cheaper prices. he has nowhere near 1.1 m though.
there is no "court document" showing anything either. don't fool yourself Wink
hero member
Activity: 1834
Merit: 759
-snip-

The first document says that there's around 1m BTC in a trust and that it will be turned over to CSW on Jan. 1, 2020. Did this change or was debunked at any point?

Either way, I feel like his master plan is too optimistic. I don't doubt that dropping 1m coins in the market would impact prices negatively, but (correct me if I'm wrong) prices tanking has never really impacted the hashrate significantly enough to even remotely emulate his predicted scenario. He's also going to be hurting himself financially in the process, as this is no guarantee that Bitcoin SV will take off.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
This:
Sale Plan by 2020 Block Halving(Source)


it's a month ago and this:

JUN 28, 2019

Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune

Craig Wright said that he cannot comply with a court order to provide a list of all his early bitcoin (BTC) addresses, Bloomberg reported on June 28

The Australian computer scientist and self-proclaimed Satoshi Nakamoto said that he may not be able to access the coins at all.

Is of last week

When they were fighting a war between BSV and the current BCH, faketoshi did not stop making threats on twitter saying that he would sell many bitcoins and that the price would fall a lot, today the price is $ 11500. The guy really needs treatment in the psychologist.
legendary
Activity: 3080
Merit: 1500
Should this be true, this only proves that CSW is not Satoshi, even if he was able to sell those coins simply because he's a dick and only cares about money and not the real vision of what bitcoin stands for. At this point, there are a lot of things he has said that doesn't match what he previously stated, so I still doubt the validity and truthfulness of what he says is to come for bitcoin. Not unless it really happens for real this time, though I still heavily doubt it. Perhaps this is yet another case of fear-mongering or he is just outright losing his mind trying to play the long game for him to not get jailed.

It is a deliberate attempt to bring down bitcoin's price so that people start buying BSV. When you can't make your own coin famous in presence of the king coin, you simply try to destroy him so that your own reputation and power increases to control the rest of the mass (miners)!! In my country, it's called "Chanakya Neeti". He is playing big games to demoralize the entire community! Shame on you CSW!
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