Topic: CSW apparently will dump 1M Bitcoin to crash the Market (Read 421 times)

CSW is full of shit, he's a scammer and we really should stop talking about him - even when we discuss him negatively, it still gives him popularity. It's ridiculous to discuss if he is Satoshi or not, and whether he has 1m coins or not, people like him just want attention to become a celebrity and then recruit fanatical followers from those who are stupid enough to believe them. So, please, don't talk about CSW, it's exactly what he wants.

Maybe yes maybe not who is really satoshi Nakomoto because he or she did not mentiom his/her real Identity so until now it's unknown. If they going to crush bitcoin remember we are here to buy more bitcoin and to pump again the value.

Well, given that bitcoin functions that it was meant to, and it is decentralized, if the people choose for it to fall in to the hands of banks then that's their will. It's not possible for banks to get control of bitcoin unless people sell it to them.

If he has 1 million bitcoins, or close to it and he starts to dump, in the short term (1-2 years) we will hurt a little bit, but in the long run this is the best thing that can happen to Bitcoin.

Anyone dumping a large holding does the community a good long term service. For they are redistributing their coins to many other people.

If he dumps 1 million btc over 2 years, it's likely thousands to hundreds of thousands of people will buy up these cheap btc.

This means the average holding per person goes down (makes the distribution a little less weighted towards older whales.)

And this means that there no longer exists someone with that much potential bullying power, once they manipulate and sell, it's done and over.

Just make sure you buy as much of those btc as you can! Do your part!


In all honestly I do not believe either are Satoshi.

Nick was very public about all of his developments prior to Satoshi coming on the scene. It's unlikely Nick would have felt the need to be anonymous considering he had no issue with being public before.

I think that Satoshi being anonymous was important to stop any legal action being taken against him, but Nick was freely making various advancements with Bitgold and didn't care about law enforcement. Also Nick has a law degree so perhaps he knew that there was no need to be anonymous. (And I am too paranoid).

And for sure, Craig Wright is not Satoshi, he seems to be the complete opposite.

CSW's supposed coins already got exposed by Wizsec, the whole thing seems extremely scammy. To me he is playing the role of a cult leader, trying to cater for the masses of sheep that need icons, in this case posing as satoshi. Here's Wizsec's work:



In any case, we'll find out of CSW is bluffing once again or not in the coming days. Mark November 15th in your calendar because apparently CSW will crush Jihan Wu's hashrate in BCash and will impose his chain. He also claimed that he will put Bitmain on bankruptcy.

Rumor is false and has no basis.


We don't have proof so this is wrong assumption that Nick or whoever is Satoshi.


Again we don't have proof. And if ever he has that enormous amount, he should have dump it when the price is at its all-time-high.

The Silk Road auctions attracted a ton of attention back in the day entirely because there's no other way to secure large amounts of coins. Cumberland Mining offered to handle the OTC sale of the entirety of Gox's 200,000 remaining coins.

There would be enough buyers who'd absolutely love an opportunity of that magnitude. No matter who you are, you can only dump once.

My estimate is that Craigy has his Yobit sig campaign earnings and not anything else to his name. He probably gets an allowance from his great aunt.

A lot of people have argued about Craig not having 1 million bitcoins. The basis for that is what I don't know since bitcoin wallet does not have names attached to it to rightly claim it belongs to a particular individual. If Craig did not dump, the real issue is can the dumping of 1million bitcoins crash the market and that should really be the subject of discussion and its obvious its going to cause a lot of damage to the already staggering price which is equally showing to the whole world that to give a final blow to the popularity of bitcoin, dump 1 million coins.

I don't believe he's the real Satoshi and would be quite saddened if he were to be. If CSW himself did have 1 million coins he wouldn't dump them, he cares too much about money and reputation to pull such a stunt.

Do refer in this thread https://bitcointalksearch.org/topic/satoshi-nakamoto-is-satoshi-nakamoto-504182 if you're curios on sato.

Rumors are rumors unless it has been done and executed. I don't think both of them are the real satoshi.

I also believe that Craig Wright is not Satoshi and he did not have a million bitcoin to dump and this is just another way to create fomo which in turn will lead to dump of bitcoin in days or weeks to come.
It will help all of us if we did not believe in most of all this rumors and just focus on the real events. Satoshi may never sell any of his holding in the next 50 years because I believe he is  a man of integrity and if you read bitcoin white paper you will find his mind in it.

He loves attention, and he time on time again manages to have people talk about him on the wide web. The less we talk about him, the lower his overall relevance is, because all we are doing is donate him free traffic.

People with money say they don't have much. People without much money say they have a lot, and keep repeating that as loud as they can till others pick up on it, which is what seems to be happening right now.

He's nothing but a wannabe without technical understanding of the protocol. Even Roger said that CW left the room when things started to become technical, and there is no reason to doubt that.

I'll trust you on that one.  Bitcoin personalities are among the things I'm extremely ignorant about, just like politics.  I suppose I should care more, but I just don't.

Ah, rumors.  Those are the only things I know of besides actual news that affects the price of bitcoin.  Also, a link for this particular rumor would have been a good thing for you to provide, but people don't seem to have that much courtesy these days.

In addition, anyone who holds that much bitcoin would be insane to dump it all onto the market at once--unless they're hellbent on not maximizing their potential profit.  Mutual fund managers who sell big blocks of shares in a particular stock don't usually sell it all at once; they sell it in smaller blocks over a period of time so as not to overwhelm the buy orders and thereby drive the price down. 

I tend to think this is a load of horse hooey.  I'll believe it when I see it.

Because he is holding the Tulip trust.

SN is just a title for the holder.

At least this is what your pictures suggest.




But if he dump, these same guys will buy all his coins, for a cheap price, and then they will dominate it even more.

Hey u never know. CW just might be the one who possesses the private keys. I'm just seeing this and reporting back to you to see if the story is valid. Because in the world of crypto , u never truly know. What if Satoshi gave his keys to CW and he is waiting for the moment to dump it? Who knows. Maybe a phoenix will rise from the ashes and become the new "BTC"

Probably it is time for you to stop thinking and stop hearing rumors, because everything you said makes you sound pretty absurd than you can imagine right now. Even if Craig wright wants to dump on the market, that is his own cup of tea but there is no single place on the net where he came out to say, 'hey guys, I am dumping on the market, so better watch out', this is just some stuffs you or maybe someone else fabricated in your dreams.

Secondly, no one knows the identity of satoshi, and it is going to remain like that forever, at least until further notice, so stop stressing your brain identifying Nick Szabo as satoshi or CW as it or not.

You cant lie if there are rumors about what you said.  To lie you need to actually say something.

Crack Steven Wrong.

Every well thinking being knows that claiming to be satoshi like this con artist is doing will result in problems with the tax authority; if even one satoshi moves (doesn't matter who it is that's moving the coins), they'll knock on CSW's door a couple of hours later to claim tax over 1M coins. Try to explain it was a prank. They'll whoop your ass real hard.

Don't forget that 1M BTC also means 1M BCH, BTG, etc. Good luck faketoshi. I hope for him that these coins won't ever move. 

Well , some people would say that we have destroyed his great creation. (Banks getting involved etc)



Well if he were to prove that he was satoshi , Wouldn't others try to kill him for creating BTC?


Yes i am the making those claims. It seems apparently that the "Bitcoin" experiment has gone wrong. (Blockstream now controls development of BTC who are apparently funded by Mastercard / the "FED" / and Bilderberg Group.)

you don't have to be Satoshi Nakamoto to own 1 million bitcoin, not to mention that Satoshi owning 1 million is something of an estimate and is debatable.

in any case OP is the only one who is making this claim so far! and it is a very strange one at that. not just because of debates about whether he is satoshi or not or if he even has that much bitcoin to dump. but because WHY would he even do that now! he is releasing an altcoin soon and every idiot on the planet knows if bitcoin goes down altcoins get dumped hard.

not to mention that a bitcoin price drop at this point triggers a massive scale FOMO buy of bitcoin and to do that people have to pull their money from altcoins. in other words if bitcoin drops, people rush to bitcoin and his altcoin fails in its first day