The sad thing is that this probably won't have any effect on price. That reflects on how stupid and shameless market participants are. The chicken fiddler recognised Craigy as an opportunity to make a splash and he got the job done. Now it's established enough to no longer matter what happens to him.
The Faketoshi Factor is still heavily priced in... I expect it to gradually fade away and put the fair market value of BSV at somewhere between $30 - $40 a coin. It may be years before it sinks this low, however, especially if BTC starts to take off and brings along the altcoin market with it (as it is wont to do).
May 20th, 2019: price of BSV is $61.70
May 21st, 2019: Craig registers copyright for Bitcoin white paper, price goes up 20%
May 29th, 2019: China "fake news tweet" says Wright transferred 50,000 BTC to Binance
June 25th, 2019: BSV reaches local high of $242
August 27th, 2019: Judge Reinhart rules against Wright, orders payment of 500,000 BTC to Kleiman estate
September 19th, 2019: Wright and Kleiman enter settlement discussions
December 19th, 2019: BSV reaches local low of $80
January 11th, 2020: Judge Bloom drops sanctions on Wright, gives him more time to receive documents from bonded courier
January 15th, 2020: BSV reaches local high of $343
Then pretty much every noticeable move since then has been tied to coronavirus economic fallout.
On April 23rd, BSV started to diverge away from BTC, but I checked BCH, ETH and LTC for reference and it seems to be more of an underlying crypto trend rather than anything specific to BSV. Indeed, BTC's overall dominance seems to be on the rise since that date.
Long story short: the Faketoshi Factor is far from being priced out. I'm certain it will be carved out of BSV's market cap eventually, but it hasn't yet.
