Post
Topic
Board Bitcoin Discussion
Re: Is Roger ver the only person who to blame right now?
by
squatter
on 23/11/2018, 05:49:13 UTC
Wright may have claimed that he was Satoshi but both he and Ver are disruptive sources as far as Bitcoin is concerned.

They are both attention seekers

So the pertinent question becomes:

Why are we giving them both so much attention?

And I don't just mean this thread, but countless others as well.  Based on nothing more than the fact that we've heard their names mentioned in the media.  What is it that leads us to keep talking about these two people?  Why does everyone naturally assume that they're even worth talking about?

Because the recent crash coincided with the BCH fork, and Wright's claims about selling BTC to fund his hash rate war.

People are always looking for an explanation for big price moves. Instead of just accepting that a bunch of coins were dumped, they need to find something -- or someone -- to attribute it to. Timing the selloffs right while piggybacking on the hash rate war narrative probably helped to encourage more panic. Now lots of market participants are thinking like this:

He talked the talk, now he is walking the walk. With paper thin orderbooks a whale like him could very well trigger a crash like that (he says that too btw.)