The reason it would be part of a catalyst for the latest downward slide is because Craig Wright masquarades as Satoshi Nakamoto, who owns 10% of all Bitcoin. A

The reason it would be part of a catalyst for the latest downward slide is because Craig Wright masquarades as Satoshi Nakamoto, who owns 10% of all Bitcoin. Although Craig Wright has never proved his ownership, he is wealthy by any stretch, and threatened to sell his bitcoin into the market. The people and funds holding support levels around $6,000 USD pulled their bid in the face of this, and helped panic sell. Craig Wright has not moved any of Satoshi Nakamoto's mined coins. Secondly, Roger Ver exists on the other side of the war. He owns a large cloud mining farm, and has been redirecting hash rate that customers paid for. He has been redirecting it away from Bitcoin to his Bitcoin ABC fork, to help win this ego war. He is paying the customers in his bitcoin still, so that they don't have a disruption in payouts. Ultimately, there is a lot more bitcoin on the market to fund the bitcoin-cash war, between two very wealthy people. This has nothing to do with your theory of trust. There's just more supply than demand. Anybody can hedge their store of value. You can hedge the USD value changes with futures, you can hedge gold, you can hedge bitcoin, any currency or commodity really. Your conclusions are misguided, but there is room for market maturity in bitcoin.