Craig Wright Interview Has All Warnings of a Full Bitcoin SV Breakdown

2020-1-31 18:39

A calm and balanced question to Craig Wright about whether or not he has access to Satoshi Nakamoto’s $9 billion bitcoin wallet met with a bizarre response: “It’s none of your goddamn business.” Appearing in an interview with BlockTV, the Bitcoin SV founder showed his trademark hot-tempered, “censorship-resistant” mood when faced with straightforward questions about his legal battle with the Kleiman estate, the Tulip Trust, and the very recent price pumping of Bitcoin SV’s native asset, BSV. What Mr. Wright could have treated as a platform to come clear turned into a lost opportunity. He made uncomfortable remarks about his otherwise calm host – Asher Westropp-Evans – while refusing to explain the very same fundamentals that helped BSV pump by 350 percent. On Tulip Trust Traders who believed Mr. Wright was in the possession of 1.1 million bitcoin mined during the early years of the cryptocurrency showed interest in purchasing BSV. Part of the reason was Mr. Wright’s threat that he would dump the entire bitcoin stash for BSV. That, coupled with his copyright filings of the Bitcoin whitepaper with the US patent authorities, helped the price of BSV surge from $38 in December 2018 to $255 in June 2019. Nevertheless, Mr. Wright was never able to prove that he – in fact – had 1.1 million bitcoin to dump. The community demanded that he moves that bitcoin from Satoshi Nakamoto’s wallet to prove that he was the pseudonymous Bitcoin creator. Mr. Wright asserted that his bitcoin was locked inside a so-called Tulip Trust. He later added that he would receive the private keys to his bitcoin wallet containing 1.1 million units via a “bonded courier” on January 1. On January 28, he was still without the keys, which made Mr. Westropp-Evans raise a simple query. Mr. Wright refused to share details, stating that it is his personal matter. Takeaway: The fact that Mr. Wright has not been able to prove his ownership of 1.1 million BTC, coupled with his refusal to entertain press inquiries regarding it, could serve as a loud alarm to long-term BSV investors. Bitcoin SV Price Manipulation As NewsBTC covered earlier, Mr. Wright admitted that he knew who exactly pumped the BSV price in January by up to almost 350 percent. He refused to name the entities and didn’t care to explain the price jump’s aftermath. Bitcoin SV surged by almost 292 percent in January | Source: TradingView.com, BitFinex Takeaway: The statement alone justified that BSV’s upside involved only a few whales. That served as another warning of how the cryptocurrency could undergo a massive correction in the coming sessions. Moreover, Mr. Wright made contradictory statements about how he and Dave were not partners. In one of his earlier statements, Mr. Wright had admitted a partnership. Excerpts: “So when Dave Kleiman passed, the partnership transferred to Ira.” Another one: “You think I’m gonna complain because I only get to keep $6 billion and I’m the only surviving member of Satoshi?” Where do you think BSV could head after Craig Wright’s interview? Tell us in the comment box below. The post appeared first on NewsBTC.

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Craig Wright Wins Default Judgment Against Cobra — Bitcoin.org Forced to Remove White Paper

The self-proclaimed inventor of Bitcoin, Craig Wright, has won a default judgment in London’s High Court in his copyright infringement case against the pseudonymous operator of bitcoin.org. According to a report, the website and its owner Cobra must remove the Bitcoin white paper from the web portal and pay $48K in legal costs as well. […]

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Craig Wright has a theory about why almost nobody will capitulate to his demands to be worshiped as Satoshi Nakamoto, the creator of Bitcoin. Standing on the wrong end of a multibillion-dollar lawsuit, he believes that his persona has led to attacks on him personally, as opposed to the ideas he has presented to the […] The post Craig Wright ‘Explains’ Why You Won’t Admit He Created Bitcoin appeared first on CCN Markets

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Crypto Community Celebrates as Craig Wright Removes His Twitter Account – What Is Going To Happen With Bitcoin SV?

Craig Wright, the Australian cryptographer who founded blockchain software development company nChain and creator of Bitcoin SV (BSV), a… The post Crypto Community Celebrates as Craig Wright Removes His Twitter Account – What Is Going To Happen With Bitcoin SV? appeared first on Invest In Blockchain.

2019-3-20 21:50


Craig Wright: “Billions of People Will Use Bitcoin Cash SV In Coming Years”

Away from the unnecessary hash wars, Craig Wright the Chief Scientist at nChain is a decent and have the best interest of the Bitcoin network and users at heart. Circumstances seem to tick him to “wild mode” and after a bitter exchange of words with Roger Ver and re-asserting that he is Satoshi, he now […] The post Craig Wright: “Billions of People Will Use Bitcoin Cash SV In Coming Years” appeared first on Ethereum World News.

2018-11-21 17:18