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Topic: Unable to break $500 - page 3. (Read 2383 times)

hero member
Activity: 1470
Merit: 655
May 04, 2016, 11:48:24 AM
#13
there won't be a dump, because if he was satoshi and if he had access to the coins; then he would have sold at the top not at less than half price after a couple of years.
and the current pressure around $500 is only the whales accumulating for a second phase.
legendary
Activity: 1652
Merit: 1057
May 04, 2016, 11:38:41 AM
#12
That whole Craig Wright thing is a scam. He ain't satoshi, he is just a wannabe and now he is famous. He succeeded thanks to people.

As for the price... It will pass 500$ sooner or later. More like later i think.
He wouldn't have received so much fame, thanks to gullible people believing that Craig is indeed Satoshi.
Well, I am open-minded if it comes to that argument as long as there are valid points and proofs presented.
Price will definitely pass $500 but maybe in June or July. Not now. Not yet.
legendary
Activity: 3276
Merit: 2442
May 04, 2016, 01:46:28 AM
#11
That whole Craig Wright thing is a scam. He ain't satoshi, he is just a wannabe and now he is famous. He succeeded thanks to people.

As for the price... It will pass 500$ sooner or later. More like later i think.
legendary
Activity: 2170
Merit: 1427
May 04, 2016, 01:40:16 AM
#10
To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?

You must think further.... Whales like to make money and they will surely do so if the time is right. But at this point there is indeed a high pressure on the price caused by a group of whales that are not interested in seeing the price go up.

Reasons could be :

- Accumulation.
- Accumulation.
- Accumulation.
- Accumulation.
- Accumulation.
legendary
Activity: 1946
Merit: 1137
May 04, 2016, 01:31:19 AM
#9
Is Satoshi supposed to dump his bitcoin or something?  I haven't heard but I haven't read every thread here either.

But the halving, the halving!!!

you should read the topic body text instead of only the topic subject! there are a couple of things that i will try to summarize here for the lazies:
1) he is not satoshi until he signs a clear message with the current date and clears his identity.
2) he (who claims to be satoshi) said i am going to move some coins from early blocks. which is not a dump and it is not proof of his identity unless it is from genesis block.
legendary
Activity: 3248
Merit: 1070
May 04, 2016, 01:08:59 AM
#8
Is Satoshi supposed to dump his bitcoin or something?  I haven't heard but I haven't read every thread here either.

But the halving, the halving!!!

no it's a false rumor, because first, he is not satoshi, and second it would be stupid to dump now, when there was better chance to dump at 1200, aka the last ath
legendary
Activity: 3472
Merit: 10611
May 03, 2016, 10:41:32 PM
#7
i knew that Craig Wright's scandal would be used by one of you two as another FUD spreading technique. he has not proven he is satoshi yet, and he is just wasting time. moving funds doesn't take days to do, you go home to your secure wallet and send them. signing a message from bitcoin address doesn't take a long complicated method like the blog post, you open up a wallet and sign it like what litecoin dev did with no bs.
legendary
Activity: 2282
Merit: 1023
May 03, 2016, 09:35:57 PM
#6
With news about Craig, there is a pressure against upward price increase. If Craig is the real Satoshi, the tax office may go after him and he might have to move and sell some coins to pay the taxes... I heard he was also a user of Mt. Gox!
legendary
Activity: 1526
Merit: 1001
May 03, 2016, 06:07:30 PM
#5
Is Satoshi supposed to dump his bitcoin or something?  I haven't heard but I haven't read every thread here either.

But the halving, the halving!!!

No, i don;t think he will dump his bitcoin, he has no reason to do this especially in this situation before the halving, but i have read that he will move his funds from the Satoshi wallet to prove that he is the real one.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
May 03, 2016, 06:05:40 PM
#4
Is Satoshi supposed to dump his bitcoin or something?  I haven't heard but I haven't read every thread here either.

But the halving, the halving!!!
hero member
Activity: 618
Merit: 500
a clockwork miner
May 03, 2016, 06:03:04 PM
#3
I think it will end just like the last Wright's extraordinary claim of the last December: a few hours of downward retracement.

Indeed, BTC is again over $450, just where it was when it started.
The road to 500 could be less difficult than we think.
legendary
Activity: 1526
Merit: 1001
May 03, 2016, 05:56:34 PM
#2
To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?

It was a big dump but recently today the bitcoin price is keeping increasing slighly, only today the price is +~$7 which is not bad after the long dump (few days). It's pretty hard to think now that bitcoin will break $500, but it has potential to reach that target in the upcoming weeks.
legendary
Activity: 1036
Merit: 1000
May 03, 2016, 03:34:34 PM
#1
To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?
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