{"id":412833,"date":"2020-01-30T15:39:11","date_gmt":"2020-01-30T15:39:11","guid":{"rendered":"https:\/\/wncen.com\/?p=412833"},"modified":"2024-06-11T13:00:07","modified_gmt":"2024-06-11T13:00:07","slug":"craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown\/","title":{"rendered":"Craig Wright Interview Has All Warnings of a Full Bitcoin SV Breakdown"},"content":{"rendered":"<p>A calm and balanced question to Craig Wright about whether or not he has access to Satoshi Nakamoto&#8217;s $9 billion bitcoin wallet met with a bizarre response: &#8220;It&#8217;s none of your goddamn business.&#8221;<\/p>\n<p>Appearing in an <a href=\"https:\/\/blocktv.com\/watch\/2020-01-28\/5e306365960f0-csw-on-missing-keys-bsv-pump-conspiracies-and-end-of-btc\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">interview with BlockTV<\/a>, the Bitcoin SV founder showed his trademark hot-tempered, &#8220;censorship-resistant&#8221; 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&#8217;s native asset, BSV.<\/p>\n<p>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 \u2013 Asher Westropp-Evans \u2013 while refusing to explain the very same fundamentals that helped <a href=\"https:\/\/wncen.com\/2020\/01\/22\/bitcoin-sv-bsv-forms-bullish-pattern-that-has-60-64-success-rate\/\">BSV pump by 350 percent<\/a>.<\/p>\n<h2>On Tulip Trust<\/h2>\n<p>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 <a href=\"https:\/\/wncen.com\/2019\/01\/29\/craig-wright-calvin-ayre-bitcoin-zero\/\">Mr. Wright&#8217;s threat that he would dump the entire bitcoin stash<\/a> for BSV.<\/p>\n<p>That, coupled with his <a href=\"https:\/\/wncen.com\/2019\/05\/21\/bitcoin-sv-price-goes-vertical-following-craig-wrights-whitepaper-copyright-claim\/\">copyright filings of the Bitcoin whitepaper<\/a> with the US patent authorities, helped the price of BSV surge from $38 in December 2018 to $255 in June 2019.<\/p>\n<p>Nevertheless, Mr. Wright was never able to prove that he \u2013 in fact \u2013 had 1.1 million bitcoin to dump. The community demanded that he moves that bitcoin from Satoshi Nakamoto&#8217;s wallet to prove that he was the pseudonymous Bitcoin creator. Mr. Wright asserted that his bitcoin was locked inside a so-called <a href=\"https:\/\/wncen.com\/2020\/01\/10\/bitcoin-sv-bsv-explodes-29-on-tulip-trust-fears-ease\/\">Tulip Trust<\/a>.<\/p>\n<div class=\"jeg_video_container jeg_video_content\"><\/iframe><\/div>\n<p>He later added that he would receive the private keys to his bitcoin wallet containing 1.1 million units via a &#8220;bonded courier&#8221; on January 1.<\/p>\n<p>On January 28, he was still without the keys, which made Mr. Westropp-Evans raise a simple query.<\/p>\n<p>Mr. Wright refused to share details, stating that it is his personal matter.<\/p>\n<p><strong>Takeaway<\/strong>: <strong>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.<\/strong><\/p>\n<h2>Bitcoin SV Price Manipulation<\/h2>\n<p>As NewsBTC covered earlier, <a href=\"https:\/\/wncen.com\/2020\/01\/29\/craig-wright-bitcoin-sv-pump\/\">Mr. Wright admitted that he knew who exactly pumped the BSV price<\/a> in January by up to almost 350 percent. He refused to name the entities and didn&#8217;t care to explain the price jump&#8217;s aftermath.<\/p>\n<figure id=\"attachment_412841\" aria-describedby=\"caption-attachment-412841\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/bitcoin-sv-price-30012020-1.png\" target=\"_blank\" rel=\"noopener noreferrer \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-412841 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/bitcoin-sv-price-30012020-1.png?resize=860%2C635\" alt=\"bitcoin sv, cryptocurrency, craig wright\" width=\"860\" height=\"635\"><\/a><figcaption id=\"caption-attachment-412841\" class=\"wp-caption-text\">Bitcoin SV surged by almost 292 percent in January | Source: TradingView.com, BitFinex<\/figcaption><\/figure>\n<p><strong>Takeaway: The statement alone justified that BSV&#8217;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.<\/strong><\/p>\n<p>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:<\/p>\n<blockquote><p>\u201cSo when Dave Kleiman passed, the partnership transferred to Ira.&#8221;<\/p><\/blockquote>\n<p>Another one:<\/p>\n<blockquote><p>\u201cYou think I\u2019m gonna complain because I only get to keep $6 billion and I\u2019m the only surviving member of Satoshi?\u201d<\/p><\/blockquote>\n<p><em><strong>Where do you think BSV could head after Craig Wright&#8217;s interview? Tell us in the comment box below.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A calm and balanced question to Craig Wright about whether or not he has access to Satoshi Nakamoto&#8217;s $9 billion bitcoin wallet met with a bizarre response: &#8220;It&#8217;s none of your goddamn business.&#8221; Appearing in an interview with BlockTV, the Bitcoin SV founder showed his trademark hot-tempered, &#8220;censorship-resistant&#8221; 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&#8217;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 \u2013 Asher Westropp-Evans \u2013 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&#8217;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 \u2013 in fact \u2013 had 1.1 million bitcoin to dump. The community demanded that he moves that bitcoin from Satoshi Nakamoto&#8217;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 &#8220;bonded courier&#8221; 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&#8217;t care to explain the price jump&#8217;s aftermath. Takeaway: The statement alone justified that BSV&#8217;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: \u201cSo when Dave Kleiman passed, the partnership transferred to Ira.&#8221; Another one: \u201cYou think I\u2019m gonna complain because I only get to keep $6 billion and I\u2019m the only surviving member of Satoshi?\u201d Where do you think BSV could head after Craig Wright&#8217;s interview? Tell us in the comment box below.<\/p>\n","protected":false},"author":50,"featured_media":412844,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[16038,7560,1558,3765,69394],"class_list":["post-412833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-sv","tag-craig-wright","tag-cryptocurrency","tag-satoshi-nakamoto","tag-tulip-trust"],"acf":[],"yoast_head":"\n<title>Craig Wright Interview Has All Warnings of a Full Bitcoin SV Breakdown<\/title>\n<meta name=\"description\" content=\"The Bitcoin SV founder showed his trademark hot-tempered, &quot;censorship-resistant&quot; mood when faced with straightforward questions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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He is profoundly active in the bitcoin space since 2014 \u2013 and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. 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He is profoundly active in the bitcoin space since 2014 \u2013 and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.","url":"https:\/\/wncen.com\/author\/gola-yashu\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Craig Wright Interview Has All Warnings of a Full Bitcoin SV Breakdown","url":"http:\/\/wncen.com\/news\/craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1402725398.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1402725398.jpg?fit=1000%2C662"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Yashu Gola"}],"creator":["Yashu Gola"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin sv","craig wright","cryptocurrency","satoshi nakamoto","tulip trust"],"dateCreated":"2020-01-30T15:39:11Z","datePublished":"2020-01-30T15:39:11Z","dateModified":"2024-06-11T13:00:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Craig Wright Interview Has All Warnings of a Full Bitcoin SV Breakdown\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/craig-wright-interview-has-all-warnings-of-a-full-bitcoin-sv-breakdown\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_1402725398.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_1402725398.jpg?fit=1000%2C662\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Yashu Gola\"}],\"creator\":[\"Yashu Gola\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin sv\",\"craig wright\",\"cryptocurrency\",\"satoshi nakamoto\",\"tulip trust\"],\"dateCreated\":\"2020-01-30T15:39:11Z\",\"datePublished\":\"2020-01-30T15:39:11Z\",\"dateModified\":\"2024-06-11T13:00:07Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1402725398.jpg?fit=1000%2C662","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/412833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=412833"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/412833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/412844"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=412833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=412833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=412833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}