Post
Topic
Board Bitcoin Discussion
Re: Black Swan Event: IF Craig Wright was part of Tulip Trust and dumps it all! Poll
by
Searing
on 25/12/2019, 00:48:43 UTC
He can dump it and I will buy some.
CW lies but in the end I doesen't really matter.

For Bitcoin it's doesen't change anything. Dumps happened and they will happen in the future but that doesen't matter for the Bitcoin because it doesen't affect it in any destructive way.
There are whales in the market who can manipulate the price but they are in stock market and everywhere so nothing spectacular. I sleep well as a Bitcoin investor and often I don't even check the price or what is happening in the market. Similar like with gold.
On the other hand stocks, altcoins and smaller projects that depend on certain group action, can easily be manipulated in destructive way.

Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...

https://thenextweb.com/hardfork/2019/12/17/bitcoin-cryptocurrency-price-dump-ponzi-scheme-plustoken/

..so from just the money point of view it would

not be a big deal if he dumped 5 billion in USD BTC ..it likely would drive the price of BTC down to say 5-6k for a bit ..but it would recover.

My big fear on this 'it has to be impossible CW is part of Tulip Trust thread here' is that just having CW as a part of the Tulip Trust and being able to claim

he was with BTC proof and of course, say he was Satoshi to boot brings up my big 2 further fears.

1) wtf happens to BTC and hell all crypto if this nut can prove he has access to these BTC ...I mean hell I might sell just to get the bad juju off my hands with this NUT.

2) what about all the patents he has filed as Satoshi? Would he now have grounds to 'prove' with keys that he is last man standing in the Tulip project and bend this

to his greedy needs with bankers and big $$$ further into the future? (look at his games with BSV) shudder

scared self again..but everyone does know that IF BTC does go TULIPS in some manner I have no doubt in some manner it will be CW's fault..he is that evil!

shudder