Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Black Swan Event: IF Craig Wright was part of Tulip Trust and dumps it all! Poll
by
pooya87
on 25/12/2019, 06:48:22 UTC
⭐ Merited by gmaxwell (1)
if Craig Scammer Wright had access to any moderate amount of bitcoin (let alone large amounts) he would have dumped it long time ago when he started his BSV scam so that he could push bitcoin down (crash it) while using the money to pump BSV in its initial phase to keep it alive and get people to notice it. now it is already too late, BSV has a low altcoin price and nobody gives a shit about it and no matter how much CSW tries in the future it won't have any high price ever.

Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...
wrong.
first of all we don't know how much they have sold. only a shitty blockchain analysis company tried to gain some popularity by spreading false information. only a small portion of what they allegedly own has been moved. the rest is still untouched. and those coins that were moved went through mixers which means nobody has any idea what their destination was.

secondly if they sold they never dumped any coins on the market. they sold some over the counter, obviously to avoid being traced and those coins aren't entering exchanges for a long time which means they have 0 effect on t he price.
whether people panic sold because of this fake news is a different speculation.