Topic: Craig Wright is official a fraud - page 3. (Read 5680 times)

pretty much impossible at this point since the vast majority of the network is now enforcing segwit as a consensus rule. the time for segwit to be exploited was years ago, in 2017. if miners tried to steal the segwit outputs now, hardly anyone on the network would view their chain as valid. it would effectively be a hard fork and would be completely ignored.

but let's say hypothetically that this attack occurs. why would that make people think BSV is bitcoin?

it is because the "ranking" system is a broken one that is ranking different altcoins based on a flawed concept called "market capitalization". so when a shitcoin forks out of bitcoin, it automatically summons 18 million of supply and with at least $100 value it would be $1.8 billion market cap out of thin air!
now since majority of users don't even touch these shitcoins and worse they don't touch the shitcoin forked out of another shitcoin forked out of bitcoin (ie. BSV) that means their price isn't going to tank that easily so they stay up.

Those 'supporters' will later on be tired of supporting an empty platform.
BSV is valuable in the market right now but give a couple of years and we will see their true colour.
There is no strong use case in the market nor solid foundation for this altcoin, just mere propaganda from a fraudulent owner.

It has a relatively high rank because most people who sold their fork coins have sold into the buy orders of nChain and Calvin.

They control such a large part of the coins in circulation that they at current levels are comfortable supporting it financially. If you also take into consideration that barely any newly minted coins are being sold, because they account for the majority of BSV's hashrate, the price isn't going to experience much external selling pressure. What will happen is that they end up holding millions of BSV coins but no one to sell to.  

In that regard, I wouldn't pay attention to their coin rank. What matters is that the majority of the crypto ecosystem rejects their practices.

When I posted agains this wright, some of Craig's followers were protesting him badly. Now, the world knows he was a fraud from the beginning and he deserves more dishonor from the court. Still, I don't know who are they supporting the Bitcoin SV! Why this coin's rank still too high? After Craig Wright, Roger Ver is the next guy who is spreading propaganda right now.

BSV bagholders are still hoping that something happens in 2020 when it comes to Craig's trust fund. The reason they want that to be true is because in case CSW was involved in the fund and got some coins out of it it would automatically kickstart more media attention for CSW and thus BSV. That may be the final exit scam for anyone that is still holding the thing, including CSW, unless his ego is big enough to go down with the ship, including loss of all the money destroyed in trying to keep the hashrate going and so on. Not to mention every exchange that had problems giving coins back to creditors.

Another way that BSV could get more traction is in the unlikely even that segwit got exploited somehow in the future. Then people would (by mistake) think that BSV "is Bitcoin", they would buy it, then they would lose it as order is restored in legacy Bitcoin.

The catch with Craig Wright and his claim to be Satoshi is now moot. After the Klieman trial and the rest, he has been proven a fraud and stole Dave Klieman's works, who

I think was likely Satoshi. Thus, even if he does get 'access' to some/part or whatever of the so-called Tulip Fund on 1/1/2020, no one will believe he was Satoshi.

At worst folks with think he was part of the Satoshi Group which was likely Hal Finney and Dave Klieman and I guess this idiot Craig Wright. So again, even at worst

case scenario, folks will know him still as Fake Satoshi and profiting off the efforts of a partner that likely was Satoshi and ripping him off with fake documents too boot.

(see court case)

Also, if 1/2 goes to the Klieman estate as per the ruling and taxes paid and Craig Wright claims he will 'dump' all Bitcoin. You have taxes off of that dump as well, plus

penalties and fees for likely tax avoidance by the Australian Authorities on top of what he would owe them.

Well, Bitcoin Will survive, again, even if the above 1 out of 1,000 set of circumstances is true.

He is a fraud, even if he was, in the past, part of the Satoshi Group and outlived the others and there is a Tulip Fund due on 1/1/2020.

He has shown his true colors that of a megalomaniac fraudster who ripped off the credit from a dead man, according to the court case.

So access to Tulip Fund or not he is still an untrustworthy ass!

Brad

It should have happened a long time ago. Craig Wright is a mad and fraud and it has no place for him in the crypto market

Craig Wright is fking insane. He has long been creating hype in the vastness of the crypto community and I am glad that this will stop. Another fraudster identified and I hope we will not hear him again

sooner or later all the scammers have to face the consequences of their actions. it is not like they could get away with it forever specially when their scam is taking place at a very large scale affecting a very large group of people.

Shower thought. What if Craig Wright is something like a reality TV persona made to troll the Bitcoin community, divide it, and to easily "conquer".

It was successful in its coercion of Gavin Andresen, Roger Ver, and a few other Bitcoiners.

It will only take investors that are completely blind to see this, I have known this a long time, which is why I have never really paid attention that much to bsv, and Craig also know that they were using fake volume, so what he is been doing is to do everything possible to divert traffic to the project with all his propaganda about bitcoin, and all his lies about being satoshi, thinking he could use that as an avenue to gain massive increase on bsv, but unfortunately, every of his plan keep backfiring.

How they are able to sill retain the top in the market is what I don’t know and sometimes it make some doubt coinmarket data, because this is the same way the ripple also operates and has been retaining that position for a long time now without seeing people using it.

I'm pretty sure everyone already knew this lol 

I didn't say, that CSW was introduced by DK, but that a rumour about DK being SN came out BEFORE I heard of CSW. This was after DK's death.
I also assume, that this Tulip Trust never existed and that all documents regarding a partnership with Kleiman are forged (incl the one with the addresses, that are obv. not Satashi Nakamoto's)

Ciphertrace proved that long ago by explaining the non-movement of funds and how easily he could have proven just signing with his private key

I was also wondering about it. Actually BSV is the only coin among the top-10 to gain against BTC during the last 24 hours. It went up by 1.2%, when I expected at least a 50% crash. One possible explanation is that CSW may not be having much BSV left in his wallets. He may have sold most of it when the prices hit the peak when he triggered the pump (on May 30th, 2019).

Another possible explanation is that the BSV supporters might have interpreted the ruling as the judge agreeing to Craig's claim that he is the real Satoshi Nakamoto. I checked social media channels (especially Twitter) and there is a lot of propaganda going on in favor of CSW right now. Love him or hate him, but he has been successful in raising a large community of slaves loyal to him, who are ready to prop up BSV.

nope
craig made a txt file of public keys and got dave to notarize them as authentic (no private key verification by the way) and this formed the tulip trust.

the tulip trust was then used to attempt to scam the australian government out of tax stuff. which is where craig fled to the UK.
craig also scammed some shareholders out of investments by liquidating his company by blaming the australian tax office for not paying out.

craig wright was in legal troubles from 2013. doxxd himself to media in 2015 hoping the community would come to his aid(obviously didnt) and then he went on a deeper flip flop mission in 2016.

it was not a DK 'introducing' CSW. but a CSW announcing DK involvement as part of the SN scam, outing DK as a partner to try to add substance to the lies because at the time CSW didnt seem smart enough to have figured out what bitcoin was really about so needed to name a computer forensics specialist to up his own rep as a partner.

DK did not 'introduce' CSW. nor did GA

heres some tips. bch and bsc are not btc. so if csw was satoshi. then csw could easily 'spend' the early mined coins of the blockchain of bch and bsv as those public/private keys are the same for the chains but are not part of the shoddy trust 'holdings' known as tulip

This is so good to see such outcome in this case but from another side, when I start to think about it, then I start to be really worry because the amounts of BTC are overwhelming and we can not forget that Kleiman's family would have to pay 40% in taxes from the received amount, which can be the reason for BTC price dump if they will have to sell Bitcoins to pay these taxes.

Don't mention about all these taxes which CW will have to pay either when he will try to sell his Bitcoins. These could be for sure the highest taxes in Bitcoin history so far.
I am really afraid that at the end of January 2020 the BTC sell of will start which will crash the price for a very long time.

What do you think about this? Is this another threat? Or CW doesn't have this BTC in the first place and there is no Tulip fund which releases this coins 21 January 2020?

Will do so if I have to, according to CPA, if the price dumps to Tulip Prices, etc. But the IRS question this year is the FORKS of all coins on the blockchain.

There is a chance, that the IRS (hating BTC and crypto and all) will count all that as income, AT THE TIME IT LANDS ON YOUR BLOCKCHAIN. Not big odds,

but if you wanted as the U.S. Government or IRS to put a crimp in Crypto Adoption that is how you would do so.

Also, likely, even though my CPA in 2013 and beyond said the IRS would NEVER do so. In the time before there were NO tools to use CSV etc to see profits

on mining and such and you had to figure stuff out by hand. It seems likely that the IRS will say you need to use 'modern tools' to the time/minute on all the

crypto you mined and exchanges and bought and sold, using such modern tools for all transactions back to 2009. KYC and Money Laundering don't ya know.

Most of us, use the figure DAILY average from say www.coinmarketcap.com on a piece of paper.

Well, that is likely out the window and all tax forms by

I would have to be amended back to 2013! Assuming they want modern blockchain tools to use 'retro-actively' in their tax review this year. Again, using

modern tax links for CSV etc down to the last day/time/minute due to crypto volatility as their excuse.

For whatever reason, the usual IRS guidelines for only looking back 3 years for a not thinking their was a crime

and 7 years if they suspect something, has been tossed. At least from the compliance letters sent so far.

So no, most of us are just gonna leave the forks alone and when the IRS says I owe money on such forked coin, I will say, what the hell are you talking about

and I have no idea what people are doing dropping stuff on my blockchain and have MAYBE an out..if things get as stupid as I suspect.

Again, I'm likely paranoid, but in 2013 my banker called the SEC on me to be investigated because I bought a KNC Jupiter BTC miner via wire transfer and

all Bitcoin was 'drug money'. Was a fun 2 weeks with everyone looking at me like a 'desperado' when I went to use the bank. Thus got the CPA, the SEC guy

was like 'what am I doing here' on the voice phone. Was all cleared up. But the banker DID try to hang me out to dry on saying I had no taxes done, and I

slapped my 2013 (amended for crypto) tax forms down in his face. Needless to say, I've changed banks.

But, IMHO, we could have some really stupid rules come out 'hopefully only initially till found unworkable' from the IRS. So no, just leaving the stuff ride.

Before forks fell out of the sky they were worthless, maybe they will be worthless again, just not gonna poke the bear or the IRS by claiming such this year

to the IRS, not worth the hassle, again IMHO. In fact, this year is a clear year for me. No crypto sold. No Crypto mined. Some equip for income sold, but that is

it. One year of less drama with CPA lady is probably due after 6 years of crypto CPA manipulation.

Anyway, my view on forked coins sitting about on my BTC and/or other Crypto blockchains, that fell from the sky.

Brad

How come BSV has stood up fine? Weird.