I must say this idea also crossed my mind! Especially as B…

Twetch ·

I must say this idea also crossed my mind!

Especially as BSV was leading the crash and as an insider told me Kleiman would receive mainly BSV as settlement a month ago.

https://twetch.app/t/037dab3abb94e62814cc7eefed611a6e4c479c8556240a8d7907306a79a5bc87

Replies

Twetch ·

@1522 there is an estimated $500 million of BSV that were sold almost instantly today (that's how much of the marketcap was removed).

Twetch ·

Why would Kleinman have been paid in BSV? The court order referred to assets and IP that existed prior to Dave's death?

Twetch ·

yes but the court order is not going to be executed.

CSW is going to settle the case with Kleiman.

The amount is settled in USD and paid mostly in BSV (according to my insider) as it is what CSW can access most easily at this time

Twetch ·

check out https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.286.0.pdf

Twetch ·

The market cap decreasing by $500 million doesn’t mean $500 million was liquidated by one individual.

Twetch ·

but it does mean $500 million were sold and given how fast that happened and that BSV was leading the crash.. it sparks that theory

Twetch ·

Makes sense. In the end, Ira would benefit greatly with the CSW 2020 plan. It's a win-win situation for both parties.

Twetch ·

That level of any coin being sold would probably happen OTC - off-books. And any OTC desk buying it wouldn't sell it all at once if they wanted to protect their initial purchase.

Twetch ·

No it does not mean $500MM were sold.

To find that out, you need to look at the volume of coins sold x price they were sold at.

You can have $500MM volume and the price stay the same.

You can have $10MM volume and market cap go up or down by $500MM.

Twetch ·

Or if it was, it would be at a MASSIVE discount. So maybe its a good thing anyway, even if it were true. Kleinman won't hold BSV anyway, that gives us cheap BSV and CSW retains the power of his massive BTC trove.

Twetch ·

If it's not going to be executed, why would CSW pay anything at all? It makes no sense. I would allow court proceedings to run their course, in which case Ira ends up with worthless shitcoins. If CSW and Ira do settle out of court, it won't be for BSV!

Twetch ·

It's best to get this court case over with and out of the way. It's been an albatross. Ira doesn't deserve a red cent but there are times when you have to look at the big picture. Ira just wants fiat now and he doesn't care for IP or even the coins.

Twetch ·

Hmm this is an interesting theory.

They could have settled on a lower amount, and that being bsv.

And Ira wouldn’t necessarily sell all straight away. Maybe part of it.

🤔

Twetch ·

I don't know who the seller was, but ... Thanks for having the opportunity to buy cheap BSV again