Date: 2026-01-07 · basis: publication date recorded in the magazine inventory
@SatoshiDeniz
Presented as Chapter 1 of a memoir, this piece claims the Winklevoss twins hired the author after their repeated ETF rejections to engineer volatility and force the SEC's hand, then kept him on to keep bitcoin's price suppressed. It weaves real details into the fictional conspiracy: 2013 SEC rejections, the Cyprus banking crisis, a manufactured 2014-2015 bear market, the twins destroying a seed-phrase printer with a baseball bat and their father's $107 million New Zealand bunker. The author says his preference has always been 58k and that he is part of the "gang" keeping the price below 60k, and frames the whole operation as writing the market's script. The magazine note identifies the author as Deniz 58k, a 58k gang supporter and Editor at @BTCTimescom.
Archive summary written from the sources below — not a quotation.
However, my preference has always been 58k.https://www.stackchainmagazine.net/58k-chronicles-how-i-co-conspired-to-suppress-the-bitcoin-price/
Bitcoin was a speculative bubble, a dangerous gamble for those foolish enough to invest in it.https://www.stackchainmagazine.net/58k-chronicles-how-i-co-conspired-to-suppress-the-bitcoin-price/
The game had only just begun.https://www.stackchainmagazine.net/58k-chronicles-how-i-co-conspired-to-suppress-the-bitcoin-price/
Deadpan satire claiming the author helped the Winklevoss twins suppress Bitcoin's price.
Machine-written summary, not an editorial statement.
Stackchain Magazine article, catalogue item 64, category satire-humor. Summarised by the archive from the published piece; quotes below are verbatim excerpts. Original: https://www.stackchainmagazine.net/58k-chronicles-how-i-co-conspired-to-suppress-the-bitcoin-price/