Categories: Bitcoin Business

Bitcoin SV Pumps 125% as Calvin Ayre Runs Satoshi Victory Lap

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Calvin Ayre continued to pump Bitcoin SV even after it became clear that Craig Wright's copyright 'win' was not what it seemed. | Source: Shutterstock

By CCN: Bitcoin SV (BSV) more than doubled in price on Tuesday fresh off the back of confirmation that Craig S. Wright had registered Bitcoin copyright claims with the U.S. government.

The 125% pump in BSV’s value may have been helped along (not a legal term) by Bitcoin SV cheerleader Calvin Ayre. The billionaire owner of Coingeek appeared to ‘inflate’ the importance of Craig Wright’s purely cosmetic copyright claim, suggesting it confirmed his status as Bitcoin founder Satoshi Nakamoto.

Calvin Ayre: Convert Your ‘Sh** Coins’ to Bitcoin SV

Ayre started off the morning with a celebration of Craig S. Wright’s successful receipt of copyright letters from the U.S government. He tweeted:

Boom! Proof that #CraigisSatoshi has been accepted by US government copyright department.https://t.co/sr0PQno6Dg

— Calvin Ayre (@CalvinAyre) May 21, 2019

Proof indeed. Proof that Craig Wright did something that anyone reading this article could pull off, even right now. Read: Craig Wright’s Bitcoin Copyright: Blockchain Bombshell or Absolute Farce?

But that didn’t stop Ayre, who suggested this marked the beginning of an ‘outing of the scammers’ – presumably referring to anyone who has ever opposed Wright and him. He tweeted:

Remember I told you everyone attacking Craig will be proven to be associated with some kind of scam related to shite alt coins. Watch the scammers all out themselves now

— Calvin Ayre (@CalvinAyre) May 21, 2019

Are there more eccentric billionaire types out there who believe this stuff, or is Ayre alone on that front? Something has to account for the 125% pump which returned Bitcoin SV to a six-month high on the day.

Ayre Brags: No One Can Contest This But Satoshi!

Like an overconfident Bond villain, Ayre went so far as to brag that nobody but the real Satoshi Nakamoto could disprove Craig Wright’s claims (whom he still maintains is the real Satoshi). Ayre wrote:

The beauty of this move is that ONLY Satoshi (Craig) has standing to contest this, NOBODY ELSE. Watch the Scammers/Trolls do back flips now, but nobody in the scammer camp has standing to do anything here and we already see them hiding from the liable cases anyway. https://t.co/hpNhfdrftd

— Calvin Ayre (@CalvinAyre) May 21, 2019

Ayre continued to muddy the waters for investors with claims that Wright’s certificates from the copyright office represent some kind of legal confirmation. They don’t. And contrary to Ayre’s claims, they can indeed be contested if someone files a competing claim.

to correct Troll FUD….Craig has not applied, he did that months back..he has now been issued a fully vetted certificate of copyright by US Government Copyright office. This can not be contested unless you have standing so this is now firm. https://t.co/hpNhfdIQkL

— Calvin Ayre (@CalvinAyre) May 21, 2019

Ayre went on to post links to copyright documents showing Wright’s successful applications from back in April. They can be read here and here. Again, the importance of these documents is being blatantly exaggerated by Mr. Ayre – who this contributor assumes (wrongfully?) is smart enough to know this. That leaves us with the conclusion that Ayre is knowingly pushing the theory that Craig Wright is Satoshi Nakamoto for some kind of personal gain. Hardly groundbreaking speculation, but speculation nonetheless.

Finally, Ayre teased the prospect of Craig Wright unveiling the newly received copyright certificates at a CoinGeek conference in Toronto over a week from now. Ayre wrote:

Craig has both certificates…I have seen them, but he is getting them reissued without his home address so he can release…hopefully he can have these at the CoinGeek Scaling Conference in Toronto in over a week so he can show the world. https://t.co/Spw2scgFci

— Calvin Ayre (@CalvinAyre) May 21, 2019

Bitcoin SV Price Pumps 125% – BSV/USD

Bitcoin SV gained 125% in the space of two hours on Tuesday, as the ‘Faketoshi’ news filtered through. That carried BSV from a daily low of $61.76 to a six-month high of $139.31.

Bitcoin SV is currently trading off its highs of the day. | Source: CoinMarketCap

The peak proved short-lived; the coin price had returned to the high $90 range by time of writing, a near 30% decrease. Not even the ‘real’ Satoshi Nakamoto could maintain this pump.

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