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BSV mystery buyer doubles market cap

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  • Post #421
  • Quote
  • Nov 23, 2021 3:09pm Nov 23, 2021 3:09pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
The article is written as beautifully as the headline...
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  • Post #422
  • Quote
  • Nov 23, 2021 3:29pm Nov 23, 2021 3:29pm
  •  Fkbsv
  • | Joined Oct 2021 | Status: Member | 38 Posts
Jeah, feels like a big let down so far but I guess this is my first rodeo and I haven't been burnt by CSW yet. I also got more conviction during trial but I still have a lot of questions and CSW "not being taken serious" on some stuff but then taken literal on Whitepaper - that kind of double standard is not helping trust in the ability to get the public change perception. I am a bit unsure if 155 is stable. I accumulated around 155 most of my position but now I am hesitant if we will see new lows so I could gain more coins.

I guess I have to either store it away and hope in 5 years it will resemble a fortune or get involved building. Short term speculation on BSV seems to be very futile.

Crazy that you are willing to acquire more as there are certain factors outside of the CSW = SN part that might disable BSV from succeeding. Kudos sir, I hope we will be right and are not overlooking some factors
 
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  • Post #423
  • Quote
  • Nov 23, 2021 3:44pm Nov 23, 2021 3:44pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Quoting Fkbsv
Disliked
That kind of double standard is not helping trust in the ability to get the public change perception.
Ignored
It's not the public that we need to change perception, it's wallstreet. We can get to $1,000 with just a few big hedge funds. The public will get on board once there's a shallow enough reason for them to do so, eg rising price.

Quoting Fkbsv
Disliked
There are certain factors outside of the CSW = SN part that might disable BSV from succeeding.
Ignored
Yep, that's the risk in the BSV trade, but I see it like this: BSV hovers around $170 while everyone thinks CW is a fraud, so it's got to rise when he's accepted as Bitcoin's inventor.

Wallstreet bets on people more than it does companies. If Bezos left Amazon to start a new venture, he'd have mile-long line of initial investors, even though he's widely hated. My assumption is that wallstreet will also bet on Craig to "do it again."

Today's trade isn't about Craig's actual ability to do it again -- the bet is that wallstreet will bet on Craig Wright. After that happens we can worry about Craig doing it again. Personally I don't think he has much chance of making BSV as big as BTC is today, but that could change.
 
 
  • Post #424
  • Quote
  • Nov 23, 2021 11:02pm Nov 23, 2021 11:02pm
  •  JackJones
  • Joined Aug 2005 | Status: 888 | 1,019 Posts
I'll average lower at 130 otherwise I'll sit and wait it out, apparently Iras team want a staggering amount in damages.. I never understand the US legal system, thinking if Ira can't show written contract they don't get a penny, now they say it doesn't matter. :/
grist for the mill
 
 
  • Post #425
  • Quote
  • Nov 24, 2021 9:45pm Nov 24, 2021 9:45pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
I found the funniest BSV investor!!!
Inserted Video

Inserted Video


Some real shit right there!
 
 
  • Post #426
  • Quote
  • Nov 24, 2021 10:29pm Nov 24, 2021 10:29pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Quoting Goat
Disliked
There's also this notion that "coins will move no matter what". I've always doubted that claim, chalking it up to another of Craig's drunken rants, and it's looking less likely by the day.
Ignored
I understand this^ better after watching Coingeek's latest trial recap. The idea is that if Craig wins, he can move Satoshi coins because the Kleiman case is no longer hanging over his head. If he loses, coins have to move to Ira. Still sounds unlikely but who knows.

The entirety of this case makes clear that there's a lot of shady shit going on with Craig's assets. It's probably not illegal, because Craig is too wise for that, but there's definitely more going on than meets the eye. My guess is that the mysterious parts are ATO related. After his massive battle with them, it would make sense that he is still playing out his long-term strategy and doesn't want to show all of his cards.

We got a real-life thriller over here!
 
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  • Post #427
  • Quote
  • Edited 4:34am Nov 25, 2021 4:21am | Edited 4:34am
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Here's where I stand at the end of the trial but before the verdict:

1. If CW could access the Satoshi coins, he would exchange the BTC for BSV. That hasn't happened, so he must not have access.

2. There are four possible reasons CW can't access the Satoshi coins:
a) He has an offline transaction that was broken by Segwit (aka LockTime theory)
b) Dave Kleiman died with part of the Tulip Trust's private keys (Ramona Watts is suing Ira for somehow messing up the trust)
c) Accessing the coins will trigger a problem with the ATO (this feels like the most likely reason)
d) Accessing the coins will trigger a problem with Ira Kleiman (we'll get an answer to this one soon, because CW will move coins if he wins)

3. CW and Dave Kleiman had some very shady dealings during the ATO battle. More went on between them than meets the eye. I don't think they were "partners" in Bitcoin (the most Dave did was edit the whitepaper) -- the partnership was about fighting the ATO.

4. Ira Kleiman is hiding/scheming something. His story about wiping 14 of Dave's harddrives doesn't hold water, and he has a bunch of suspect email addresses.

5. Ira and his posse are somehow connected to all these "forged" emails and the associated IP address. CW is being set up.

6. CW has the receipt for the bitcoin.org domain purchase. It was submitted as evidence in this case, but not used. This is a Satoshi smoking-gun, and it will come out in future cases.


I'm not sure where that leaves us or where we're headed, but I think this trial improved the odds for BSV longs. The ATO insights puts a lot of CW's actions in perspective, the Ira insights relieve the concerns that CW will get busted forging documents/emails, and the preponderance of evidence says CW wrote the whitepaper.
 
1
  • Post #428
  • Quote
  • Nov 25, 2021 5:36am Nov 25, 2021 5:36am
  •  JackJones
  • Joined Aug 2005 | Status: 888 | 1,019 Posts
Who is the third or even seventh trust holder

Reminds me of the Korean series:

Stranger

https://en.m.wikipedia.org/wiki/Stranger_(TV_series)

One murder 16 episodes going through all the different suspects, a deep Web of half truths, lies and egos .. the more they dig the deeper it gets
grist for the mill
 
1
  • Post #429
  • Quote
  • Nov 25, 2021 3:12pm Nov 25, 2021 3:12pm
  •  Fkbsv
  • | Joined Oct 2021 | Status: Member | 38 Posts
Good points. The issue is it leaves everyone hanging at this point. There is a chance Dave Kleiman was more involved but all evidence has been wiped (much easier to only show emails in court as evidence that you would like to see presented). The possibility of Craig actually doing all of it mostly by himself seem low. It does not fit with Ian Griggs story (3 Satoshi) and wouldn't explain his inconsistencies about who helped and who was part of Satoshi (he made different claims in court).

I think it is fair to say that the reason coins cannot move is (if we were to believe Craig) that the trust only works if the trustee have a majority vote. I assume CSW received his keys in 2020 and gave them back to the trust for various reasons. I believe some of it has to do with CSW as person and CSW ltd/inc or versions of those. He constructed a semi-legal framework to make sure he can say he doesn't have access (which is true) and get access (ask his wife or other trustees). You can spin it in a way that CSW cannot be forced by gov before 2020 (personal liability for 10 years I assume) and now via court order he can "force" the trust or parties that weren't responding. Another reason is JVP and Uyen Ngyuen had a falling out with CSW. JVP never showed up in court despite subpoenaed, Uyen also never went to court and is in hiding I assume? Or CSW indeed fucked up (forged signature of Dave to make sure ATO doesn't get assets). I believe there is something shady going on, CSW is the type that rather goes to jail or lies than to lose his invention.

To me the most important part is, can the ATO confirm there were talks about Bitcoin in 2008/2009 tax related ? The whitepaper that unfortunately wasn't presented in court, the credit card receipts, old code or versions prior to release, key signature, transfer etc.
 
 
  • Post #430
  • Quote
  • Nov 25, 2021 3:13pm Nov 25, 2021 3:13pm
  •  Fkbsv
  • | Joined Oct 2021 | Status: Member | 38 Posts
https://cryptoplunderer.medium.com/b...e-19e98ef6b7c3
 
 
  • Post #431
  • Quote
  • Nov 26, 2021 9:08am Nov 26, 2021 9:08am
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Best one yet...

Inserted Video


Case closed in the first ten minutes!
 
 
  • Post #432
  • Quote
  • Edited 4:13pm Nov 28, 2021 1:38pm | Edited 4:13pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Quoting Goat
Disliked
Best one yet... https://www.youtube.com/watch?v=3MJSEGnpgB8 Case closed in the first ten minutes!
Ignored
Having researched Craig Wright ad nausea, I was surprised to glean a few insights from this^ video. The most important of which is that Craig doesn't want to be Satoshi. He wants to kill Satoshi. This was right in front of my face, but like most things Craig Wright, it took years to fully understand.

Second insight -- Craig did a whole series of interviews with Ryan X to explain how Bitcoin works. I've only watched the first so far, and it's freaking mind blowing. Craig is the modern-day Einstein, and I'm feeling better about BSV's post-$1,000 prospects.

Third insight -- Vitalik is largely responsible for the Faketoshi narrative.

The last insight is not trading related. This is an insight on humanity. The persecution of Craig Wright is extremely fucked up. Here's a man who dedicated his life gathering the knowledge required to invent a world-changing system, only to have his invention perverted by scammers and idiots. He's labeled a fraud by a Russian knave who attached a pre-mine scam to his invention and claimed it as a better version of the invention. He's ostracize by an ignorant mob from the very industry he spawned. This is an injustice of historic proportions.

There's a line in Kipling's "If-" poem that reads "If you can bear to hear the truth you've spoken twisted by knaves to make a trap for fools." Of all the torture outlined in the poem, this one always hit me the hardest. It was an abstract concept until it happened to Craig Wright. I almost feel sorry for him, but he has too many billions for my sympathy.

Long-BSV is a bet on truth. It's a bet that truth is stronger than internet fuckery. I'm not sure how the truth will emerge, but I'm certain it will.
 
 
  • Post #433
  • Quote
  • Nov 28, 2021 4:08pm Nov 28, 2021 4:08pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Quoting Goat
Disliked
1. If CW could access the Satoshi coins, he would exchange the BTC for BSV. That hasn't happened, so he must not have access.
Ignored
I'm not so sure about this anymore. He might have access, and he might not want to affect BSV's price.

It's almost like the more I learn about CW the less I know about him.

Quoting Goat
Disliked
2. There are four possible reasons CW can't access the Satoshi coins:
Ignored
Naturally, I'm no longer sure about this one either. I think the four reasons are legit, but there's another option: CW doesn't want to prove he's Sathoshi.
 
 
  • Post #434
  • Quote
  • Nov 29, 2021 3:42pm Nov 29, 2021 3:42pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Things are getting interesting!
Attached Image
 
 
  • Post #435
  • Quote
  • Nov 29, 2021 5:59pm Nov 29, 2021 5:59pm
  •  JackJones
  • Joined Aug 2005 | Status: 888 | 1,019 Posts
Crazy, sounds like they want to give Ira half of the coins. Possibly good in one way, but exactly how do they get them, court orders? I'm guessing defence appeals and this draws out for another year at least.
grist for the mill
 
 
  • Post #436
  • Quote
  • Nov 29, 2021 8:45pm Nov 29, 2021 8:45pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Inserted Video

- Verdict likely tomorrow.
- Will likely be a judgement for the plaintiff, given jury questions and deliberation time.
- Judgement could be limited to the "unjust enrichment".

Quoting JackJones
Disliked
I'm guessing defence appeals and this draws out for another year at least.
Ignored
That's a reasonable guess given Craig's unlimited legal firepower. It was mentioned in the above video that Craig said he wouldn't appeal if the judgement was less than a half billion, for whatever that's worth.
 
 
  • Post #437
  • Quote
  • Nov 30, 2021 6:46pm Nov 30, 2021 6:46pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Inserted Video


No verdict today, and now Kurt is saying the longer the jury goes the better it is for the defense. I should have gone to law school.
 
 
  • Post #438
  • Quote
  • Dec 3, 2021 4:55pm Dec 3, 2021 4:55pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Finally got my money into Bittrex, via a friend's account. Starting my buy of 3,800 coins right now if anyone's looking for a good front-run.
 
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  • Post #439
  • Quote
  • Dec 3, 2021 10:55pm Dec 3, 2021 10:55pm
  •  Goat
  • Joined Jan 2009 | Status: FREE ROSS | 1,624 Posts
Fckn Bittrex, dry as hell as usual. Look how out of line they are just from a few hundred coins I'm buying.
Attached Image
 
1
  • Post #440
  • Quote
  • Dec 3, 2021 11:24pm Dec 3, 2021 11:24pm
  •  JackJones
  • Joined Aug 2005 | Status: 888 | 1,019 Posts
Quoting Goat
Disliked
Fckn Bittrex, dry as hell as usual. Look how out of line they are just from a few hundred coins I'm buying. {image}
Ignored

I got one order at 130 still on huobi, I see bitrex book someone sold into 138 and next order brought 146 and 151 yep thin as !! Must be at market orders.

I moved all coins out of bittrex not sure I want to go back.

I'm Trying to find a low fee broker with less confirmations required

Looks like btc is dumping maybe back to 30k?? I reckon that could drag bsv down
grist for the mill
 
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