Exactly, I have the same thoughts about this news.

We have already experienced a massive selling pressure in the 10,000$ price range and this news will only add fuel to the fire because it is seen as something bad for the market or at least such narrative is common from what I see. It could be made on purpose, to shake off last weak hands and buy cheaper BTC, when this is still possible because all indicators and off-on chain analysis are flashing red that we are entering a bull market.

Of course, we have still one more barrier to achieve this goal, which is the 10.000$ sealing, but believe me, once it is broken, then there will be no stopping for BTC and the move to the upside can be massive, so every opportunity to buy cheaper will be exploited by bad actors and we have to be big skinned at this times because corrections and high volatility will be enormous.

In my opinion this is great news for the "Kleiman case" because it proves that C.W. is lying in his statements. From what I know it should be impossible to move these coins from "Tulip Trust" without all these "bounded couriers", additional encrypted parts (which should be still delivered) and years of waiting. This address is on his lists provided to the court   .


Maybe you are right, but I just found an interesting comment in another thread about the same topic, which perfectly fits into the narrative of my post.


Of course, we all are only speculating and nobody knows nothing for sure. We are actually testing the 8800$ support and this news helped bears to achieve these levels, but if it holds, then BTC will go probably up again!!!

Maybe it has not affected the price as much as you think!

Bitcoin has been struggling to break 10 thousand and there's been a recent double top that signals a short term reversal. The price is just looking for a support from which it can continue upwards.

It was debunked many times already that those were not Satoshi's coins! Satoshi was not the only person in the world who mined in 2009.

I also think the same thing related to the transfer of bitcoin in large numbers from the old address is probably not Satoshi Nakamoto.
Because the earliest adopters of bitcoin aren't just satoshi nakamoto, I'm sure there are some people. Besides the bitcoin transfer like this
don't we as investors become panic and think negatively that bitcoin will dump. In my opinion this is not the first time this has happened
old address move 50 BTC, a few years ago it happened. And does not have any impact on the market.

Welp, this is the only time that I remember the market suddenly plunge when a certain amount of Bitcoin is being moved. So I'm sure there's a huge impact on it and whoever that person who moved their Bitcoin in an old address is an early investors but we don't know who are they. Best advice is wait a little longer to see if the price would normally back up or just gonna go down for the bottom.

It might be true, and it could be a nice move of discrediting Craig. He confirmed that he did not do that, it seems (here's a mention). Maybe now we'll have fewer Craig supporters or perhaps the court will take this into account. So we're talking about a very early adopter, but most likely not Satoshi. I've seen a version that the Kleiman family actually has access to BTC but said the opposite in the court... There weren't many people into BTC back then, I believe, but we still most likely don't know the identity of all of them. So this might remain a mystery.

Only 50BTC mined around 2009 was enough to push total cryptocurrency market capitalization over seven 7 billion dollars down, immediately following the news about the transaction, and of course, bitcoin led the way. I only wonder what would happen if indeed more from these early mined Bitcoins will be moved?

https://www.publish0x.com/scripts/what-if-satoshi-actually-sent-those-bitcoins-xkkkoek

In my opinion, this is not important if this was Satoshi or not, the fact is that this news brings panic to the cryptomarket and that was only one transaction. When people will see bigger moves from these early wallets, there will be no way for BTC to sustain in such a selling pressure and for sure we will see big corrections and extremely low prices.

I really hope, that all these early Bitcoins will stay inside these wallets or will be moved wisely, very slowly, to not cause the panic, because we see the market reacts really bad on even minimal amounts of BTC transferred from them.

It is funny how hard Craig trying to prove it.

A lot of people obviously know that it is not Craig, he is not Wright  Either way, people are saying that someone moved it and it is not Craig, if it is not Satoshi, then it is someone having fun while Craig desperately wants to take it all.

It would not be far away when the crypto will be used widely across the globe. Now as things is going to change post Corona Virus, we will have everywhere possible to go with the digital payment and less of manual intervention. Crypto is going to play a hug role in this space and in coming time this will be hitting a huge demand from the people.