Craig Steven Wright makes it official Bitcoin (BTC) is under threat, USD 1000 prices on the horizon..

in #bitcoin5 years ago (edited)

Well known character in the cryptocurrency community Craig Steven Wright just put Bitcoin (BTC) holders on alert--> BTC prices would suffer during this Hash war.
Screenshot (1741).png

Take all that you read with a pitch of salt, its more of a mind game than actually substance. The man who claim to be Satoshi Nakamoto has never produce any proof. Now is probably a good time to read up on the psychology of poker and chess players, yes you read it right. With all these threats going on, emotion are certainly high, Craig Wright has successfully built a cult following and the army is roaming every trollbox spamming with messages of Satoshi Vision.

If Craig Wright turns out to be Satoshi Nakamoto given his recent behavior, some of the ideas that attracted me to Bitcoin and cryptocurrencies in general I would seriously have to give this a second thought. I have been observing his behavior and the mind games that is at play, its certainly not something I like to promote or put my name behind. What we are currently seeing on display is a dictatorship, YOU MUST DO THIS OR ELSE. Funny part about this whole thing is how much the narrative has change in one year.....

Nodes don't matter vs Nodes matter
Miners decide vs Miners shouldn't decide! Users should!
The longest chain matters vs Longest "valid" chain matters!

Oh if you did not get the last one, the valid chain is BCHSV/ BSV, good time to 'laugh out loud'. How ridiculous can this really get. The only narrative I like about Bitcoin Cash is the on-chain scaling, I also like the libertarian approach of Roger Ver and I am a big fan of Calvin Ayre, great guy, doing tremendous work in the Caribbean. I have nothing against Craig Wright but the ridiculousness and cesspit behavior on display.

The unfortunate part about this hardfork, the market would follow Bitcoin, projects making good progress and hitting milestone may go unnoticed. The crowd mentality of traders and haven status of BTC means holders of other tokens may liquidate to stay in BTC, not to even mention all those regulated "stablecoins" that is at the mercy of regulators. If you weren't aware, all these regulated stablecoins have a back door, just like your bank account it can be confiscated anytime defeating the purpose of crypto in the first place.

Stay calm during these tense time, Steem on

Sort:  

Congratulations @daudimitch! You have received a personal award!

SteemFest 3 Attendee
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:

The Meet the Steemians Contest is over - Results are coming soon ...

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 61219.98
ETH 2927.64
USDT 1.00
SBD 3.66