So, this thread apparently made it into a cointelegraph article. I received an email from AnonyMint with the following update:
Let’s not forget that Satoshi
warned us that he had built a game theoretic defense mechanism into Bitcoin which would eventually take back (aka restore) the value taken away by counterfeiting thieves such as the Bitcoin Core “soft fork”:
“Imagine if gold turned to lead when stolen. If the thief gives it back, it turns to gold again,”
(P.S. note the
double space after the period which Satoshi
always employed even in his accurate
anonymous description of Bitcoin in 1999)
Cointelegraph’s recent article
Craig Wright Threatened to Crash The Bitcoin Price… So, What Happened? has mentioned this thread, so it’s time for an update.
Here’s a link to my current and updated idea for a topological, fractal pattern analysis of Bitcoin’s past and future:
https://www.tradingview.com/chart/BLX/IWtRX5v7-The-Bitcoin-Phoenix-is-rising/Based on the identified fractal pattern, I’m not expecting the SegWit donations restoration defense mechanism (aka “attack”) to begin until November 2020.
Which for reasons I elaborate below, I expect said “attack” to coincide with a precipitous rise in the BTC valuation which may give rise to 1988 Economist Magazine’s forecast of the Phoenix monetary reset:
Legacy Bitcoin Rises Surreptitiously as the Reserve in a new Two-tier Monetary System; whilst impostor Bitcoin Core DiesTangentially it’s a posited (monetary, economic and technological paradigmatic) totalitarian, globalist reset which as we
were warned (c.f.
also and
also) ostensibly Satan’s powers-that-be (e.g. it’s minions Bill Gates and George Soros) are foisting onto the world with the unstoppable, encroaching coronavirus plaNdemic hoax.
My above linked blog cites Craig Wright’s
update from February 2020 wherein Craig implied that my posited interpretation for a donations attack would begin sometime this year.
My above linked Tradingview chart’s newly identified fractal, topological pattern (deterministically chaotic, fractal wave interference fundamentally driven by the
changing economics of mining) derives from and continues my thought process (from
my subsequent blogs) of improving upon some conceptual ideas I had blogged about months ago:
McAfee’s Dick Math: illuminating Bitcoin’s ACCELERATING priceBitcoin’s Fractal Acceleration Entire HistoryBitcoin Fractal Projects an Infinite PriceLegacy Bitcoin to radically outperform goldBitcoin’s Whiplash Spike Low is Even More BullishBitcoin’s Whiplash Bear TrapEnd of democracy and a Civil COLD War approachesFacebook’s Libra + Bitcoin + Trump + Israel = 666 Orwellian DystopiaRise of Hard Money is a Harbinger of MiseryInsane Clusterfuck of the Collapse of Rule-of-law, Eventually to Imprison Most WesternersNow we can see all my past warnings are coming to fruition. That includes my seminal warnings from 2013:
Bitcoin: The Digital Kill SwitchEconomic Devastation: Demise of Finance, Rise of KnowledgeWhich even Bill Still (
and others in and
outside the gold bug community) cited in 2013:
https://www.facebook.com/134596416691780/posts/shelby-moore-is-a-programmer-with-expert-knowledge-of-the-construction-of-bitcoi/174998752651546/In addition to the fractal pattern timing for the next parabolic rise in the BTC price, it seems to me that it’s in the interest of the
anonymous Bitcoin whales who were likely involved in the creation of Bitcoin, to idle the BTC price at low enough prices long enough such that they can mop up all pre-7nm ASICS (e.g. Bitmain S9s) at firesale prices before catapulting the price so high that S9s become insanely profitable again:
Precisely Why Bitcoin Is Re-acceleratingNot because they necessarily need the hashrate those S9s can provide when reactivated, but because the entire design of Bitcoin is to raise the valuation of Bitcoin (eventually to the world’s master-and-servant reserve currency in a two-tiered monetary system) without creating competing $billionaires and $trillionaires. They don’t want some smaller $millionaires fish speculating and obtaining S9s cheaply before they skyrocket the price because the bullish leverage on an out-of-money ASIC right before an egregious BTC price pump is incredibly high. Instead they want smaller fish to buy in-the-money 7nm ASICS so they will be slaughtered as usual by Moore’s law and other economies-of-scale and volatility of mining (along with the impeding Mother of All Crises Greater Depression which will drive the upcoming monetary reset 2024 – 2028).
Also I think they would prefer to execute the “attack” to create chaos around the time or just after the upcoming
contentious November 2020 constitutional crisis and re-election of POTUS Donald Trump, as well as during an re-intensified lockdown (wherein no one will be allowed to leave their homes for any reason and the gestapo will forcibly remove people from homes to take them to FEMA quarantine camps) as the hoax virus (which is really just the normal flu) returns next flu season.
However it’s possible that the March crash or combined with another month or so until and still under $15k, would be sufficient to mop up most of the S9s. But I doubt it. There are still many bullish minnows who don’t want to dump their S9s just yet. The powers-that-be need to squeeze them with an economic depression to force them to liquidate.
I did this week also independently arrive at a posited fractal pattern expectation for $14k by June 2020, which Cointelegraph has also subsequently contemplated:
Bitcoin Price Chart Fractal Seen in 2019 Hints at $14K Within MonthsSo the SegWit donations attack could still be in play for as early as June 2020, but it doesn’t seem to ideally align with the timing projections from the fractal pattern correspondence (i.e. Bitcoin’s chart topology) and other fundamental economic considerations.
As cited in the OP of this thread and the said recent Cointelegraph article, Craig Wright warned in 2018,
“The sale will align to a reward halving.” The word ‘align’ does not have the same meaning as ‘coincide’:
put (things) into correct or appropriate relative positions.
"the fan blades are carefully aligned"
lie in a straight line, or in correct relative positions.
The the sale could occur at any time that “aligns” in a correct relative position with the halving — not necessarily coinciding with the day, week or month of the halving itself.
If the posited SegWit donations attack were underway now we should see Craig Wright moving his claimed ~million BTC (the airdropped Bitcoin Core isolated from his private legacy Bitcoin fork which he would later publish) onto to a liquid exchange (or exchanges) to prepare to dump them. Yet that appears to not be happening:
$200M Worth of BTC Removed From Exchanges Post-Halving
