Bitcoin Forum

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

How do you know she hasn't?

And it's just in your opinion and making a new coin and spreading like bitcoin it's not an easier like you're said. if satoshi just making bitcoin for killed him and why he need make bitcoin?

Maybe SHE has. But the killer thing about this coin would be that people will know that Satoshi himself created it.

Because Bitcoin was the first, created in 2009. And so it doesn't have some of the new innovations that he could come up with in the time since.

This new coin will not kill bitcoin. Bitcoin already has a solid foundation and a good running economy behind it. Any new coin will have a hard time to surpass bitcoin even if Satoshi himself started a new cryptocoin. The market is already established and there are real companies that support it. That is the power of the market and the economy.

Here is a question for you. Despite the leaps and bounds for clean energy why do you think we are still dependent on crude oil?

It won't kill Bitcoin, but it will crash pretty hard, eventually replacing it. That's just my opinion. There a lot of weak hands that will go to this new wonderful coins in search for a profit, and they will sell their Bitcoins.

As for your second question, the answer is simple. Money, politics, and power. I've even read something about how there are hidden free, clean energy patents that the US has shut down, censored due to a national security law. That means a reporter cannot even report on it. 

@jstern. Your answer for the second question is exactly why bitcoin will not be killed by a new coin even if it is made by Satoshi. There is already too much money already riding in bitcoin and any crash will be scooped up by speculators and traders. The bitcoin mining itself has also become an industry in its own right and it looks unstoppable right now. If bitcoin will be killed, it will not be because of another coin. Bitcoin will be killed by itself thru centralization, or maybe by the collusion of miners or it could be because it might be corrupted by the people who want to control its development.

The thing is that unlike the free energy examples, this thing is decentralized, and a powerful entity is not going to stop me or anyone else from trading it in order to keep Bitcoin number one. Bitcoin will be kill, and perhaps there are powerful entities that keep it going. But if Satoshi makes a new coin, there is the possibility that it can over take Bitcoin. Maybe the chances are 1% or 50%.

Ok there will be a possibility that it can over take bitcoin. But also think that the possibility you are thinking of is a little optimistic. There is also a good chance that it cannot overtake bitcoin. Because bitcoin is already an established cryptocoin and the new coin will start again from the beginning. What if no one will support it? What if the idealism of Satoshi is already gone and that the only thing driving the cryptosphere is only to make money?

I totally agree with this your position because even majority of the people have no idea of who Satoshi is but are very conversant with the use of Bitcoin so I dont think it will just kill bitcoin and also I dont think it will affect Bitcoin in any way. Because the exposure we have seen about Bitcoin is not really about Satoshi but about the millions of people who bought into that dream and gave it the necessary infrastructure as well as exposure. The question is will they be ready to do so again?

If Satoshi showed up and cashed out All of his BTC (Satoshi owns 7.5%) .

He would crash the market and he could fund a New coin with his proceeds from Price Crashing BTC.

The Price hit and the PR hit , would be a death blow for BTC, and many would run to his new coin as a safe haven.

 8)

FYI:
Since he has not touched any of his BTC.
He is
1.  Rich and does not need it.
2.  Dead and does not need it.
3.  Is not a single individual but a group or agency behind it for their own motives.  ;)

you know about satoshi
i think nothing people is know about satoshi nakamoto

what do you think about another found big coin
you can see dev ethreum or monero, create coin again or not , i think is not create coin again

same with satoshi not create coin again if create coin can't big and same with bitcoin

My own opinion is that he reemerged after realising the terrible BTC block size and transaction times so he created ETH. It makes sense.

Satoshi died so he could be reincarnated as Greg Meredith to work on Synereo's R-Chain.  Get it right.

SN returned as NS off course, Nicolas van Saberhagen that is  ;)

Then your alarm clock went off honey..

You think he'd show his face to pad the bags of some scammy ICO ETH cunts ?
What he would do is pad his OWN BAGS by improving Bitcoin.
His position would be a way to get the BTC ducks in line over the block size drama.

And those of you assuming he would make a new coin.. think again.

Noticed the Litecoin dev's talking about implementing ANON features ?

Get this idiots.. you don't have to make a *NEW* coin every time your ass is itchy.

@Fraudcache
your necro-topic-bump will not help your ETH ICO scam bullshit (no one cares)

you are suffering from a well known and widespread condition that thinks of Satoshi as a Godlike being. whereas Satoshi is like any other developer just a human being who has has created bitcoin but bitcoin is not even the first cryptocurrency that was created!!!

so even if Satoshi creates a new Altcoin and we are sure that Satoshi is in fact THE Satoshi, that coin falls under the same category as the rest of Altcoins and if it is good (again just like any other altcoin) would become successful and people would adopt it.

To be honest, I personally believe that Satoshi is already involved in some other project. I do not believe that he created something fantastic like Bitcoin and then disappear forever without facing new problems in the field. He is too smart and probably has so many ideas to let his hands of new innovations. The question is only, which project he joined ;)

the only good thing would be bitcoin 2.0, from him, i don't believe he is simple making a clone of his project, if he really want to make a new one he really need to come out with something truly innovative, and not based on bitcoin anymore

you think it is! there is a difference.


first of all this is not going to happen, unless another scammer like Craig Wright is coming out saying I am satoshi and people believe him.
but if I want to for one second assume it can, then yes the media coverage and the hype is going to be big and it can pump the price.


No, there is nothing wrong with bitcoin and bitcoin is going to be still a lot more powerful than a new coin that even satoshi presumable makes. because it is an established coin with a very long history; from 2008 ish till now is 8 years of constant development and bug fixes.

A how come you assume it's a she or a he.....that's so mono genderist!

Nothing could kill bitcoins as it's a totally different thing and will never get destroyed by anything...
Do you think it is Bitcoin that is just Bitcoin alone and nothing else is involved???
If no innovations would have been in this, why would this asset still be stable even after many others opting for Monero which has proven to have far better security than this when it comes to being anonymous???

I believe earlier you said that like renewable energy, there are powers to be that will not let Bitcoin died. It's established, to many powerful people are invested in it. But what if "Satoshi" was part of this group and they decided to start a new coin with new features that will further their agenda.

No. I do not see Satoshi as a God. The logic is that Bitcoin is by far the most popular crypto currency. And seeing alt coins and how hype and promotion can really push it's market value high, the one possible thing that could happen to overtake Bitcoin is if Satoshi himself created a new and innovative Alt coins with extra features. Everyone will follow any news about that coin.

If I'm not mistaken, Satoshi created Bitcointtalk (I hope I'm not wrong about this) and can easily prove his identity as a founder. Though I don't know if his account is locked. There are also wallets that are believed to be his.

Price is irrelevant.. adoption is all that matters.

So it does not matter what people at this forum think.. we are not the target demographic.

Satoshi could make a new coin pumped up to $1,000000000000000000000000000000000000
I would give 0 fucks.

I would like to see the real first bit of innovation and real adoption though.
Ya know.. a "currency" used by the whole world.. AKA: The point to this shit.

And i doubt aping the concept of "block-chain" is going to do much.

 :D :D :D
They have something for that.   :D

http://www.antimonkeybutt.com/themes/antimonkeybutt/img/products/original-powder_small.png
http://www.antimonkeybutt.com/

 8)

Why do people call satoshi "she"?  :)

Agree with this one people would not jump off easily for another coins made by the same dev, bitcoin is really strong crypto for now and business slowly adopting it and marking as their e-currency option,  it will take some many years to lift up and make to the point that it well level to the bitcoins fame,

Satoshi is not the one directing the bitcoins fame, the fact is the people made it popular so the big possibilities that bitcoin will still the no.1 crypto eventhough satoshi would create another project coin.

Satoshi left mid-conversation around the time of a hyped article in 'PC World' and it is blindingly obvious had good cause to leave.

https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=0 (https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=0)

The person or persons involved will not be reappearing as 'Satoshi'.

bitcoin is like satoshi's baby and why would someone abandon his baby and make another one in its place and want to push that to the public?!! that doesn't make sense to me so it is not a legit possibility.

besides if satoshi was looking for profit from making a pump and dump altcoin he would have sold his bitcoin stash when the price was above $1000+

I will align with thus in the sense that even Satoshi won't believe Bitcoin would be as popular as this as at the time he is making this coin and this is not even his only effort but the combined effort of invisible but important minds who bought into this idea and gave it the publicity to make it what it is today and I Dont think with all the effort and infrastructure put in place would be let go just like that...

Satoshi is a wanted outlaw, i don't think he will ever come out and create another coin because that would be putting his life in danger.  If he will come out, he maybe just be saying goodbye to all and die.

Maybe because its SO far removed from his initial vision that he now thinks its a lost cause.

I mean look at it, does it really look like the future that Satoshi imagined?  This space is full of centralized 3rd parties attempting to take control, integrating Bitcoin into the existing centralized payment systems and all anyone cares about is making a quick buck.

Bitcoin, Satoshi's vision and crypto in general has been poisoned by the very same people and greed that he was trying to free everyone from.  If he hadn't have left when he did, he would have at some point soon after!  Sickening!

You can't be sure about that. I think it's not just because Satoshi will create a new alt coin, people will support it all the way. Yes it's possible that people will also use the new coin, but it doesn't mean that they will let go of bitcoin. Bitcoin have gone through a lot these past few years, and it's not that easy to get all of that achievements.

that would probably bring more attention to bitcoin than this new alt... maybe someday an alt kill bitcoin but it wont be easy, too much money involved and no good reason to swap.

eh many think he is a girl, but for me he is without any doubt a man, no woman can come up with a technology like this, which is so complex, i think satoshi can be actually a group, who helped him in this project

What if Satoshi emerges and says something like: "The coin that's best following the values I stated in paper back in 2008 is Monero. So I would be glad to join their efforts and continue to strive for real money". That moment, Monero would shoot about 100x and Bitcoin would be buried. Not so impossible scenario if you ask me.

Who said it was an assumption?

I think the problem is lots of people is wishing for another round of being  "pioneer".  So basically those late comer will more probably hopping in this  new coin craze,   and the mere fact that Satoshi is a well known figure of Bitcoin, him leaving bitcoin and creating a new coin will only mean one thing,  Bitcoin is a  failure and thus we need a new coin to use. This is not centralized economy, and being not centralized people can easily hop from one coin to another. 

I think satoshi has no plan to make a new one again because he is already made a successful project and he is in good place that he can just spend his money from bitcoin.. so i think he live as a normal right now he dont want to make new one since it can affect the value of bitcoin..

I think only Satoshi is not the reason behind the successful Bitcoin. There are more parameters.

Let's just assume that happens. Satoshi creates a new coin. Then it'll add up to the queue of crypto currencies now and start to emerge. It'll take its own time to emerge to get popularity. Now remember,  Bitcoin had chance of surprise of better innovation in crypto world. This new coin will lack the element of surprise to try it out. So it'll take more time to attract more population.  ::)

SN already did as NS  ;)

https://cryptonote.org/whitepaper.pdf


also:

This cryptographic signing technique is the predecessor of ring signatures as applied in Monero.

Chances are he was a guy, most people into technology are guys. Also, chances are if he comes back, he would never try to directly compete against Bitcoin. In fact, im pretty sure he is one of the anonymous coders delivering improvements in Bitcoin.

Well who knows, maybe he would, be honestly it would be quite dumb for him to do so, since bitcoin is already so widespread and an altcoin he creates would not get much attention anyways...

But then, perhaps he could come out with a better solution than bitcoin. A much better one.

Peercoin

Why would it kill Bitcoin,it could in fact compliment bitcoin,if I am the creator of one successful venture and millions are benefiting why would I created a new one to destroy it and if I am also holding a huge amount..

i think any coin that satoshi makes will suffer a great deal from hype because it is satoshi after all and it can grow very big.

even a fake satoshi can make it hyped up a lot and pump the price up but in the end all the altcoins need real features to survive without exception.

Craig Wright's buddy is dead.. which is why he was trying to ape his shit.

As better altcoins did not killed the old ones, that won't kill Bitcoin, but for sure the price would be huge given the hype that there would be around it.

Everything is a possibility. We don't know who Satoshi is. He could prove his identity (if he still has access to his private keys).

If that happen then indeed media coverage would be amazing, but it would be bad news for bitcoin.

Creation of new coin by Satoshi would mean one thing, that he thinks Bitcoin failed and can't be upgraded and repaired.

It will undermine Bitcoin stability and trust greatly, to the point that BTC could never recover from it.

So.. then why are you supporting a new coin called Incent ?
Get it ?
Ledger ? ICO coming soon ? please kill yourselves scamtard's  ::)

Choke on your own moronic self destructive hypocrisy and dick holster jiggling for bucks.
..real bucks $$$ AKA: FIAT the all mighty dollar.

satoshi hahahaha if I were, I would not make a new coin because if my bitcoin maker, I would have had a lot of coin. while the price of bitcoin is very high now..

if craig wright has to prove that he is indeed satoshi he has to move the initial coins he owns,i do believe he has connections with the bitcoin technology, with most of his videos i have seen he has deep knowledge about blockchain .

Reading that really give me a longing wishing that I was involved with Bitcoin back in that era.

He wouldn't be creating a pump and dump coin, he would be motivated by whatever motivates him. The suggestion is what can surpass Bitcoin, not kill it. Satoshi creating a new coin would not kill Bitcoin.