/biz/ - Business & Finance

Sign the block Craig.

Naked BTC is the new black

>>52856501
Dont like it?
STIFFF

Dr. Craig Wrong

>>52856501
Literally means nothing.
This is so retarded and it should be obvious why.

>>52856501
All tokens on an exchange are IOUs and not the real tokens. When you transfer off an exchange the IOUs are redeemed for the real token.

Because there is so much fake IOU tokens on exchanges most of the top coins like Btc have inflated supplies

>>52856501
Can anyone do this same study, but only for the top 5 exchanges
Top 45 is kinda shit because you’re reaching beyond the bottom of the barrel

>>52856626
faggots always tell me NO NO NO EXCHANGES DON'T DO FRACTIONAL RESERVE IT'S FULLY AUDITED IT'S ACTUALLY BETTER THAN REAL BANKS IT'S ALL ON CHAIN
how fucking dumb can niggers get?

>>52856501
That's a pretty retarded statement by CW, as always

most people don't even leave their coins on exchanges and those that do don't just have 100% in sale orders
its worse then they think

people who think this is bullish for btc because "muh scarcity" are retards. bitcoin will be under 1k during 2023

>>52856562
BSVfags can't recover from this one

I hope this is true so that chads with BTC in wallets they control the keys to get filthy rich while the CEX cucks stay poor and an hero

>>52856906
Not if you are having the fake bitcoin in your wallet you will not.

>>52856948
do you understand how blockchain works?

>>52856906
you make it sounds like btc demand will increase and chase a smaller pool of btc
the demand cex's generated FAR exceeded any cex fraud
look at where btc was before cex's took off, that's where it will return to
it would be like thinking stock prices would increase if i couldn't sell into the exchange, and instead had to line up a buyer

>>52856906
You realize the value of crypto wouldn't rise if there weren't CEXs for people to speculate with, right?

>>52857169
You act like the bottom feeders matter over whales and institutions. Everyone already got scammed, nobody in the general public is still buying in.

Craig is a schizo scammer

>>52857190
Awesome, good luck getting the rest of society to adopt crypto as a viable form of currency, effectively making your tokens as valuable as pet rocks.

>>52857190
>institutions
Why would they buy crypto if there is no cex and no public interest?

>>52857047
pretty sure he's implying BTC is not real bitcoin and instead satoj vision cregchain is the real one

>>52857169
>he forgot about the disruptive fundamentals

he's truly retarded

>>52856529
/blockchain

>>52856501
For once, I'm fine with him spreading this fud around.

>>52857246
>getting the rest of society to adopt crypto as a viable form of currency
Dude that was never going to happen and you know it, not even anyone on here uses it for anything except as a get rich quick scheme that can exchange for fiat.

>>52856501
It’s called fractional reserve banking, you retards

>>52856501
I was wondering if anyone was ever going to do the math on this. CW is a clown BUT if this analysis is correct it’s a pretty big deal.

>>52859779
Yes and blockchain was designed specifically to prevent this type of kikery.

>>52856501
Let me guess, he also counted futures and perpetual contracts.

>breaking
Craig told this about 3 months ago. Everyone is going to jail except craig. Everything will fail except bsv.

>>52856767
no one says that transactions on a cex is on chain. you are wrong.

>>52856501
Yes, withdraw all your cash from the banks, see what happens, hehe.

>>52859866
Pic rel.

>>52860324
Nice try small cocker
>link rel
https://craigwright.net/blog/bitcoin-blockchain-tech/satoshi-never-posted-on-bitcointalk/

>>52860406
>satoshi-never-posted-on-bitcointalk
>craigwright.net

>>52860487
He's satoshi so maybe he knows better where he's been posting and where not.

>>52860406
Goes to all the effort of verifying where "he" posted, but won't use "his" private key verify those old btc wallets.

Counterfeit BTC lmao

>>52860565
Are you retarded?

>believing anything cw says at faced value without evidence.
Post the study cw

>>52860324
Thx, saved
>>52860406
Not clickin that shit nigga

>>52856501
is this be like you've got a dollar in your wallet, but owe $150 miilion?

>centralized exchanges lie and spoof every metric possible
Wow this is breaking news faketoshi is saying something bullish about real Bitcoin (ticker: BTC) now?

>>52859779
Its called musical chairs, and I got my chair out of the game since the first time the music stopped this year. Good luck to all you though.

>>52856807
Can't prove it wrong resort to typical tactics.
Glow much?

BITCOINS GOING INSOLVENT!!

>>52856501
Many CEX are doing fractional reserve scams under the hood
Withdraw your BTC to self custody and remember kids
Craig Wright is a schizo, a liar and a fraud

>>52857169
why not? the value was still rising when people were using local bitcoins and even before that was around when they had to negotiate manually. There was even shit like the tulip bubble hundreds of years ago and they had no where near the tech we have today.

>>52856501
so how many percent lower or high for price?

>>52856501
Dr Pepper is more doctor, than cw

>>52860532
Lmfao, its 2022 and people still think Craig Wright is Satoshi!

>>52862451
He did reinstate the orginial Bitcoin protocol.
His Bitcoin is exactly as described in the original whitepaper.
BSV is fit for the purpose of Bitcoin and that is p2p cash .
Nowhere in the whitepaper does it mention being a "store of value".
If nothing else Craig took up the official mantle of Satoshi when he reinstated the original protocol.

>>52862585
Why fork if he created the original??

>>52862617
Lmao

>>52862617
The original is just too contaminated to warrant bothering with it. Besides that it'd be too expensive and might not work anyway.
Forking allowed a fresh start so once again he could reimplement the original protocol but this time keeping it under his control with Nchain.
Again the reason for Bitcoins existent is P2P cash as is clearly stated in the whitepaper. "Store of value" is copium spewed forth by those desperately trying to keep the lie going.

WBTC Printer = Tether Printer
real BTC will keep climbing until the music stops and we see how many chairs are left, then it will explode.

>>52856501
All this proofs is fake buy and sell order which everybody should be aware of.

>>52862617
segwit was the fork, the original chain continued on while btc core forked away by adding segwit

>>52856529
S T I F F

>>52862404
dr creg has multiple doctorates, from various Institutions, for, uh, stuff
>>52864330
>now post wife

>>52862451
>people still think Craig Wright is Satoshi!
correction: nobody thinks Craig Wright is satoshi

>>52857320
What am I looking at?