Steve Sokolowski (@SteveSokolowsk2) on X - Analysis of BCH/BTC ratio and timing related to the RICO complaint and the "Digital Gold" lie
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"So one thing I find interesting is the following. Look at the $BCH / $BTC ratio (https://www.tradingview.com/symbols/BCHBTC/?timeframe=6M). The ratio starts climbing dramatically in November, 10 days before Saylor's "Green dots" Nov. 30 X post. What are green dots? BCH.
In the past two months, the ratio has essentially doubled and over six months BCH has soared while BTC has fallen.
BCH is not a "scam ERC-20 token" that exponentially grows. This price action screams "insider trading." We did not know about the PROHASHING Scheme ourselves before December 7 and did not tell anyone before the complaint was posted January 2 specifically to avoid insider trading allegations.
The fact that BCH rose while BTC is falling indicates that the knowledge that "Digital Gold" was built off of the PROHASHING Scheme was known at least by hundreds of people. These institutions had an incentive to cover it up because they all benefited by inflating bitcoin's price, but now understand, unlike the media and people who haven't read the complaint, that DCG - with its Grayscale trusts, Foundry, its exchanges and more - is facing seizure and bankruptcy, whether we do it or the government does. The law is clear - when you have stolen money "mixed" with clean money, then everything is subject to forfeiture.
I don't know what the market's answer will be in the end - a blocksize increase for BTC, a switch to BCH, regulations that chill the market altogether, or maybe some other result. However, it's difficult to imagine any circumstance where a few months from now BCH does not at least have a temporary panic rise after people read the 967 pages of evidence and see how it proves that Digital Gold was a lie.
I would also offer that this is happening on BCH because shorting $JEF or $MSTR before the complaint hit might have been insider trading; the cryptocurrency markets are harder to police for that. We'll know the news is starting to escape this inner circle when Microstrategy starts to fall; we ourselves don't know what role they had, but being marked as an "SPE" of Genesis is not a good thing to be.
This price action shows that while the media is sitting on the story for whatever reason, there are people on the inside who are, as always, already making a killing at the expense of the little guy.
For those who aren't in the loop: the complaint and evidence is at https://stevesokolowski.com/sokolowski-v-fraud/#mdpa-second-amendment ."
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Additional color: This account was just permanently banned from r/buttcoin for discussing the complaint. The censorship apparatus is moving into full swing. This story is clearly so dangerous that even subreddits that are supposedly against BTC have been captured.
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