Bitcoin Forum

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

Hahaha!

I think if satoshi appears, many people will go to know him more.. or maybe satoshi can be more popular than now.
I think he is a genius that can increase the value of bitcoins.
Or he can legalize satoshi or bitcoins since he was already revealed his personality.

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.

How many coins Satoshi have? I heard about 1 million coins somewhere, don't know if this is true...

Can we see their wallet somewhere? Like in "top 100 richest wallets"?

No one knows how many coins Satoshi personally mined.
It is estimated to have been around 1.5 million based upon an investigation that used assumptions.

There is no wallet or address that contains all the coins, since Satoshi used a new address after each found block.
The most Satoshi controls per address is about 50 bitcoins, plus any dust that users sent to those addresses.
If you look at many of the early blocks where the coinbase in unmoved, those may be Satoshi's mined coins.

actually for me satoshi and the fact that we don't know anything about satoshi's identity is the clear example of bitcoin anonymity an level of anonymity one can reach when using bitcoin.


nothing much, some hype, some FUD and some price volatility. but it will last a short while before we are back to normal.


it can go both ways, as i said there can be some hype because some people think satoshi is a god and there can be some FUD because many will say he will dump.


again temporary.
because whether satoshi is a saint or a crimnal that doesn't change anything about bitcoin. bitcoin is open source and it has changed a lot since the days of satoshi


again this is another example of the anonymity. we do not know how much satoshi owns unless he has clearly said address 1, 2 ,3 is mine. and there are already some topics speculating about that you can find by searching.

Well I don't think that whether satoshi appears finally or not matters to the bitcoin price. If he appears - great. Nobody will no for sure that he is the original satoshi nakamoto anyways. If he dumps his coins, alright. Cheaper coins for us to buy in. If he doesn't appear, doesn't matter. Bitcoin is already working fine.

I don't think that Satoshi's real identity is Satoshi. He is hiding in that alias and for sure he is still alive today. But I don't know if he will appear in the last days. There is one thing that I am sure of that Satoshi is just monitoring and looking upon what is happening to his invention. And he did enjoy the fruits of his invention until now.

bitcoin price is set based on supply and demand since there is no centralized place to set the price for us! so if satoshi appears out of nowhere and proves his identity to us, the bitcoin price will changed based on the majority of people's reaction to this event.
if they like it the price will go up
and if they panic the price will go down.

The price will definitely go down, once Satoshi's real identity gets revealed. < If he is still alive > You have to remember that he still owns loads of unused coins. < about 1 million > and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

What if this guy is already in jail in some country? We never know...

About the million coins, he's the owner, he can trade if he wants but I doubt that he will do this... He never spent none of their coins?

About "we are all satoshi", we should make an "Satoshi mask"

That's true, bitcoin as a coin of creativity and innovation. Whether Satoshi is alive or dead or in jail, he had given life to lots and lots of common man. As mentioned one day every user needs to be masked as Satoshi to give respect but to make a mask none knows the real face.

this will never happen because if satoshi wanted to come out, he would have done it already so my guess is either he is dead or he wanted to value his privacy so he stayed anonymous.

in any case satoshi will only bring panic because many believe he owns lots of bitcoin and he can dump and kill the price- not that thee is any truth to that-

Bitcoin and satoshi value differs with each other, if we say 1,000,000 satoshi then it only have 0.01 btc value. So we can see to it that you need more satoshi in order to obtain high value of btc, and it really shows btc is much higher value than satoshi which really smallest compared to bitcoin.

This.
Satoshi wants to left alone, so satoshi disappeared and for respect satoshi masterpiece we must guard from any treat which can ruin it or even break the community.

Well it's still mystery satoshi identity, it will never ends if we talk about it.
Satoshi might be already dead or satoshi is around us, at this forum, watching this thread. We don't know, we must know we are satoshi now.

That would be so called shit storm.
I mean, he would be sued to hell, by people that don't understand that this is not his fault, but theirs.
He would have no more normal life, he would be pursued, he would be asked for opinion on bitcoin when he should not be.

That would be hell for him and for us.

satoshi is one of those topics that we can never know the answer to unless it happens. for example you can never say if satoshi reveals himself price goes up or down until it happens because it is not just about his identity, but it is about all the drama that comes with this big reveal. and all the coins he has from his early days and also his stance about the recent debates.

If satoshi appear in public it will be controversial, the user will be grateful to him and the developer will learn from him how to expand and develop bitcoin further but, satoshi will become the criminal target and the government will want him to pay tax,but I think satoshi apperance in public will make bitcoin value to go up

Don't forget the possibility that Satoshi could be a group of people.

Yes to some extent both can happen, but I think it wont have a great impact on Bitcoin, yes maybe the price may go +- $100-200
People are just expecting too much from satoshi maybe it wont be a very big deal, or satoshi could be dead (that's unlikely).

I think someone from Australia claimed or investigators lead to that professor. I think there is a documentary about him and is writing a book, about how his home was raid.

Australian Craig Wright claims he is bitcoin founder Satoshi Nakamoto (https://www.theguardian.com/technology/2016/may/02/craig-wright-bitcoin-founder-satoshi-nakamoto-claim)

If he would appear in the public, how would he proof that he is the creator of ''Bitcoin''?
I think he can't appear anymore.
Probably he is a smart guy who is working at a new project!

Craig Wright is not Satoshi Nakamoto. Extraordinary claims require extraordinary evidence.

Experts Call Craig Wright a ‘Con Man’ and ‘Fishy’ for Claiming He Created Bitcoin (http://www.thedailybeast.com/articles/2016/05/02/experts-call-craig-wright-a-con-man-and-fishy-for-claiming-he-created-bitcoin.html)

There is no reason for satoshi to came up revealing his identity after this long time, if he like to reveal himself he may have done that long time ago. I really doubt that he is even alive till now.

- If satoshi appears all of sudden there will be lot more panic in market far from anybody could imagine.
- That may make dump the coin and i don't think satoshi like to see that
- He can't be considered as criminal, he may be awarded by Nobel prize in finance for this revolutionary project.

I doub the will ever reveal himself. Maybe one day when he is very old he will because by then he would be too old to do anything about. Lol he will admit it when he is on his death bed. It is a very interesting question you ask. If Satoshi revealed himself what would happen to the market ? Noone can know but I am pretty sure it would make a major impact and bitcoin could possibly skyrocket in value.

These matters had already been discussed on the forum in great detail a few months ago when some Australian professor (don't remember his name) had been proclaimed as Satoshi himself. People seemed to be more concerned if he was going to spend his million of bitcoins stashed in the nearest future and not so much about who he was as a person or whether he was engaged in some criminal activity...

I don't think anything has changed since then (oh, well, it was Craig Wright)

Why are people speculating satoshi is dead? He never revealed his identity and isn't bitcoin supposed to be almost impossible to track?

He may be dead, but he may be still alive. If he is alive and kicking, people would expect him to spend at least part of his huge stash of bitcoins he accumulated during the early phases of Bitcoin existence. Since he doesn't touch these bitcoins, and the odds of him losing the keys are small to negligible, people start speculating that he has already kicked the bucket. As to me, that's why people say what they say about Satoshi. But he may just as well be rotting in one of the secret CIA prisons, and Trump can potentially save him if he finds out...

What Hillary would do if she found out should be absolutely obvious

Its wizzard has soo many power in hands, in fact into his wallets and dont use them to let the market get his bitcoins, sure the transactions would be record forever, but the thing is people think that he might be dead as well lost the keys.

I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.

The value of bitcoin right now is relaying in demand and supply also in adoption.. satoshi has no power to control it.
Also i think if satoshi is one person and if someone who knows many people who are holding bitcoins or knows about bitcoin are many question to him or possible wanted by thieves because he is the first who holding a lot of bitcoin and make a huge money with bitcoin.. so his life maybe still in danger that is why satoshi is still hiding.. so it is impossible that satoshi will appear.. this is just my opinion.

Or it may say other for the market of demand, It'd made any un-trust feel from the holders of bitcoin. The owner was dumping his coin and what's next? A lot will be feeling panic soon. I have imagined the price totally get dump too. And even the bitcoin wasn't mean anything.

Satoshi appears and a ton of agencies want their hands on him. They'll want to coerce him to give them "permission" to regulate Bitcoin. Assuming Satoshi isn't an agency already. If he appears on media, you'll know it's BS and get rid of it, because something will happen to him, or has happened. Expect profits to be made quickly and likely a new ATH to happen.

If he's a criminal, expect laws. Probably a lot of them.

If he/she/they show up, I do not think the price will be significantly affected. Bitcoin will continue to expand, and the network will remain stable. But if he/she/they, for some reason, move the funds, or part of it, I believe there will be a little panic in the market. However, the price would once again recover and stabilize after some time.

a satoshi dump would produce short term chaos, maybe, but in the long term it would be a good thing. the doubt would finally be extinguished.

if satoshi turned out to be a total asshole then it really doesn't matter any more. bitcoin is bigger than one person and he's had nothing to do with development for many years. throw in a dump too and he's a footnote in bitcoin history, albeit a truly huge one.

and i dunno if it would be possible for anyone to prove they were satoshi any more. most of his accounts are compromised. he can hand over private and pgp keys to anyone he likes.

He is a game changer and he might have planned a very big leap do he is not coming up and reporting to media and world. Also he might think that if he comes out then bitcoin would become less impotence and many developers like him might try to do the same. Or someone might also murder him . May be this and that reason. But now he is a multi millionaire i am sure

If Satoshi appears people will react in positive way and no chance to panic as the price could be more increasing because people thank to him who has been invented bitcoin.
Mr. Satoshi must have Million of bitcoin obviously, and maybe constantly sell his coins like 2coins per month.
His identity keep anonymous because he likes it that way I thought, only several friends ever know him.

I think if satoshi actually appeared to the public, perhaps he is not the original satoshi. but someone claiming to be satoshi. because during this time satoshi Nakamoto name is the name of the creator of Bitcoin very conceal his identity. I really doubt if anyone who claims to be satoshi Nakamoto and announced to the public.

I don't know, what about the ~1kk mined coins?
If Satoshi is a group, I doubt they still hold all coins.


When I said criminal, isn't about bitcoin, just any other thing.
Wow, this guy deserve a prize like that!


The guy disappear so this is an possiblity.

nobody knows about the amount of bitcoin satoshi may own and all these numbers are pure guesses and that is how bitcoin works.

and remember that in the early days, bitcoin was not worth anything and nobody even thought it would be worth $1000 some day.
in other words in early days (maybe 1 year even) you turned on your PC, wasted electricity to mine one block and get about $5 (50BTC * ~$0.1) and no one did it for the money but to test bitcoin or help the network.

If Satoshi appears,many people will say "This isn`t the real Satoshi,it`s an imposter".

I think that Satoshi actually appeared in the news before 6 months.

Nobody believed that this is the real Satoshi.... ;D

No one believed he was the real Satoshi because his proof was false... the real Satoshi won't give fake proof.

A lot of people talking about Craig Wright, seriously guys?

If the real Satoshi appears, the first thing he will do is make an transaction from their bitcoin address, any other guy that talk he's Satoshi is just an scammer.

     If he is a man or a group of people and he/they wanted to showing up would have already appeared. Obviously, when something he/they created is both innovative and pioneering there is no reason to destroy it just trying to convince the rest of the world that you are the creator of it. Most likely the creator or creators to enjoy the benefits of that fast growth of profits of Bitcoin. Surely they will have a big number of Btcs.

This is really an interesting situation to think and draw imagination. According to me, Yes, it would really bring some impact on the price of bitcoin if satoshi appears suddenly. I am not 100% sure but I think satoshi is active on this forum with some alias (and there is possibility that he is reading this post), bitcoin has turned in super duper popular thing and it’s difficult for him to stay away from it for long time.

I will love to see satoshi to come out to public, for sure it will boost bitcoin reputation and value, and maybe he can fix some of the bitcoin weakness so bitcoin can become better, but it is not giving any advantage for satoshi to be appearing in public and it is rather dangerous for him, so it is for the best that satoshi stay hidden

if he appears to public i don't think that people will believe that he is the real satoshi nakamoto , there's a person who showed to public and claimed that he is satoshi nakamoto and so many people are not totally convinced despite that he looks like a well known person in programming field . and also i don't think that he will do something for the coin like pump it's price or dump it .

Do you know how many people are searching Nakamoto, if he shows off police will put him/her or a team into the jail, they would require something to kill bitcoin or force the bitcoins be burned or get into circulation, or worse going auction. I do hope he keep hiden, the last person that claimed Nakamoto identity just hasnt balls to proof or sign any message from the adress.

If Satoshi would appear, for sure it will gonna be a big news in the bitcoin community but I think it will not impact the price of bitcoin. Yeah you're so true that no one can really tell who is the original Satoshi Nakamoto. And I think he would not appear to the public just for some petty reasons. Anyway, bitcoin right now is doing good and if something serious happens to bitcoin, maybe that's the time that he would show to the community and fix the issues that bitcoin would face.

I think if he did show up now he could only become a Bitcoin frontman, i.e. its public representative and nominal leader, or an icon of sorts. As I got it, the original code he produced for Bitcoin system was far from perfect, and now this code has likely got advanced to such levels of technical complexity that he could hardly understand it. That's maybe one of the reasons for his disappearance from the public eye when he felt that he was no longer on par with other developers...

But this doesn't mean that he couldn't suggest an idea or two, of course

Who is craight wright?  ::) :o
real satoshi? there is no multiple satoshi. It's in your mind. You are pure making a joke. No one is talking about that. And may you think if craight wright is fake satoshi? Oh god, seriously you makes my day.

This is what i am thinking will happen if satoshi appears.  He was been an icon, whoever talks about bitcoin, also talks about satoshi, and him being infront would give Bitcoin more popularity, though I agree that the original code had lots of flaws, am sure satoshi would still lead bitcoin development because he has the knowledge of the whole system of bitcoin.

I also don't think satoshi will appear that easy. I mean he needs to think few times before consider to appear.

and if he appears, it depends on him whether he wants to pump or dump the coins. I mean, he is the creator of bitcoin, so it is easy for him to do that because he knows bitcoin well than us.

This guy knows what he's talking about...  ::)


Why they will put he in the jail?
There's a lot of countries that bitcoin is legal also we can see a lot of people using the blockchain to anothers things, so I doubt he will be arrasted because of this creation.

Maybe, out of sheer frustration and butthurt that Bitcoin is giving them? They wouldn't necessarily put him in jail, but they (I mean alphabet agencies, before all) could easily make his life unbearable, or, what would be even worse for Bitcoin, they might make him an offer that he couldn't possibly refuse and use him to discredit Bitcoin or do something to that tune. Provided Bitcoin itself is not their creation, in the first place...

By them I mean alphabet agencies such as CIA, NSA and their likes

Only the Following Things Can Happen If the Way Satoshi Appears:-
1) Satoshi Will Be More Popular among the Media and in the Crypto World.....
2) Then the Bitcoin will be More Strong and Can be Even Trusted By Many People......

He was such an huge mind gamer. Just with few bytes of codes he had changed the history of the world. Such an crazy invention he had done. I really salute him for his great mind. As his mind bitcoin also had gone huve popular and it's the father of all cryptocurrency

I had the same thing in my mind, what if satoshi is the name of a group which created or developed bitcoin? And by the way, if they or he wanted to get famous or show his identity then he or they wouldn't have made something that works anonymously, so just let it be how it is and not make it worse.

Satoshi definitely wont appear on the media. He has kept quiet for so long, now he wouldn't dare take the risk to appear publicly. Doing that would be a great life-threatening mistake. It has a great chance that it would cost him his life.

I wouldn't be so enthusiastic and bombastic

The long-term success of Bitcoin is still not set in stone. Bitcoin is used only by roughly half a million people on a regular basis, and have been likely used only by a few million people altogether. In this way, claiming that Satoshi has changed the history of the world is juvenile at worst and premature at best. Bitcoin may potentially deliver a strong financial impact of the world scale, but it is too early to tell anything conclusive or definitive yet

Even if he attempt to appear, I do not know if people will believe that his satoshi. I think what makes bitcoin successful is because it was developed by an anonymous person and that mysterious thing  has added it's value.

I am already contented with the current situation.

The Bitcoin wallet addresses written in the first blocks of the blockchain are known to belong to him, so if he decided to show up, he wouldn't have any difficulty of proving his identity. All he would need to do is to sign with one of the keys associated with his wallets some arbitrary message confirming that this very guy is indeed Satoshi Nakamoto. In this manner, whoever might claim to be him, without signing such a message should be considered as an impostor...

Whether he might really have an intention of showing up is a completely different matter, though

I have likewise been wondering, why would someone who came up with something revolutionary and good enough for a noble prize award not be proud of it? But now I see it that Satoshi was ahead of time. Had he been short sighted, the authorities would have swooped on him and bitcoin would have been frustrated before now and we may never have had the opportunity to see the financial rot the authorities are happy to see us in.

I think this is just his fake name or a group name like other said before maybe it is a group they are still hiding and never seen their face in the internet.. since we are new adopters i think satoshi or the group have no plan to show with us maybe if bitcoin is actually successful to be stablish locally they will appear and proving that they are owner..

it doesn't matter what happens to bitcoin itself. that could die tomorrow and it wouldn't matter to almost everyone in the world.

it's the blockchain concept that really counts and that's what will change the world. it's already being played with and it's only just begun. the possibilities will mushroom.

Please stop repeating this highly inflated hype

Just a few days ago I asked about what use the blockchain technology could be to banks, and all I got as reply was empty self-contradicting verbiage. If you can explain to me through simple examples or conceptually without actually trying to obfuscate the matter, I will be happy to change my point of view on the real advantages of the blockchain concept beside using it in virtual currencies. But so far I don't see any such advantages. If you don't really know about any, better not try to play this card

Yep, and they might wait until there is a closed economy where no dumping vs fiat is needed at all.

Hope there might be first real bootstrapping in  some unbanked Region?

in my opinion satoshi is a very smart and genius person , i think he have a reason why he not showing his identity
but thankyou so much to satoshi because he created

Ofcourse he was or he is a genius person as only a genius can make such a thing, and the reason why he does not appear can be the reason because he knows that not everyone loves what he had created so maybe there will be people targeting him if he appears or maybe worse than that. It is just an opinion by the way.

Something like the Snowden?

Obama said he was thankful  for the things that Snowden do however he(government) can't forgive him lol and that's why the guy will never go back to USA.

Satoshi is doing well keeping in the shadow.

I hope Satoshi will come back for giving you some coins so that you can pay yourself a good English course.
And why should Banksy show my face?
Pointless thread, I hope it gets closed

Obama is a loud mouth, and has always been that

Now he is a lame duck, anyway, so he can speak whatever he might think. Not that his words mattered a lot before since he was just saying whatever he was told to say by his masters, but now no one gives a fuck about his opinion any more altogether. Trump is a loud mouth too, there's no doubt about it, but I don't think that he will let anyone force him into doing something which he is strongly opposed to. And he might actually forgive Snowden, after all


We can only hope for that

Satoshi want to be anonymous just like on his invention which is bitcoin. He dont want to be famous he just want to create bitcoin just for online and money transfers which is indicated on its whitepaper.If he appears on media for sure he already treated by the government just like an criminal and they will surely do that because satoshis invention is really against on the government.Therefore this makes no sense because satoshi wont  appear anytime soon and will remain anonymous.

Satoshi becomes anonymous and leaves only hid creation and his name. Its for his safety to hide himself from the public. He might be arreseted or make himself in troubled if he dont make himself anonymous. All of us here are benefited from the creation of satoshi nakamoto.

You seem to overlook that he still has around 1 million bitcoins sitting idly in his wallets. If he is still alive (let's hope for that) and doesn't rot in  some ugly place like Guantanamo Bay, he must have some plans for his bitcoins (let's assume again that he didn't lose the keys). In this way, we may still expect his appearance or at least some evidence that he is still sticking around whenever he decides to touch his coins. Really, if he didn't want to have anything to do with Bitcoin any longer, why not donate them, say, for medical research or things like that?

Otherwise, he shouldn't be actually considered as left for dead, so to speak

If Satoshi ever appears, which is not likely to happen, then that will surely give bitcoins some more goodwill as its original dev would be joining hands and getting back on work. And who says Satoshi's a criminal?
Well, if he'd be, then his coins won't have been in his wallets till now.

Dead or alive, a group or a single person, the mistery and the disappearance makes the bitcoin more stronger, like said before: We all are Satoshi Nakamoto and none will stop the cryptos!

Some people are often referred to as visionary, because they made it seeing ahead of time and that can be very well ascribed to bitcoin and blockchain technology, Satoshi invented. There is no denying the fact that bitcoin has changed the way you and I were used to money and many more people across the globe are fast keying in.

Well, now in that time, I also think that all crypto currencies, especially bitcoin always remain, and almost of the chances are here, other new crypto would be come. But i have strong thinking about satoshi or bitcoin, it would be remain for a long time,or  may be forever. But about the thread, satoshi is a part of bitcoin. Bitcoin is incomplete without satoshi, and also satoshi has no value without bitcoin.   

I think he will be arrest by FBI/CIA because support many illegals transactions (drugs and anythings about criminals) in deep web by making an anonymous currency called bitcoin.

This doesn't work with money

I mean that hype and hysteria about Satoshi being a visionary or a prophet. Though modern money doesn't have any intrinsic value (Bitcoin included), it is likely the most objective measure of value of other things including itself. So whether we consider Satoshi as a money god or a devil (or something to that tune) is ultimately irrelevant since it is the real advantages that Bitcoin offers that will matter in the long term when the dust settles and everything reveals its true color and essence

Satoshi is like John Cena, no one can see him (practical joke). I think satoshi is dead, and if he is alive, he is on detain by the government. For experimental reason (how he manage to create bitcoin?, how bitcoin got famous outside his country? etc..) And also if he is alive and not detain by the government. I think he change his name or Satoshi is just an Alias for his name.

I think that Satoshi is alive but he does not want to show himself because he is waiting for the right moment to do so , a moment when everyone is using bitcoin, and just thoughts I think that he is a Chinese and he is running a secret bitcoin mining company, because bitcoin is so popular in china it only makes scene that he lives there.

Satoshi is the smallest unit of bitcoin and if we say 1 satoshi that value would be nothing in bitcoin its more like smallest decimal value of digital currency and you cannot hold it if you converted it to fiat currency. If we say 1 btc then the convertion unit right now is 959.98 dollars comparing to no value of 1 satoshi but if you have more of satoshi like 100,000,000 satoshis of it you can have  one bitcoin value.

In my own contribution, the effect it will have Bitcoin might be much or minimal depending on how the media might want it to play out at the same time, how convincing the story will be because I have read how some other people have claimed to be Satoshi. But I am of the opinion that if he should show it will affect the price negative as the anonymity behind Bitcoin has finally been revealed...

I think wheather Satoshi discloses his identity or not,it is not going to affect bitcoin price much unless he decides to sell hi stored bitcoin which he can do without going to public anyway.
I also believe that Satoshi is not one single individual because it is hard for any human being to resist the temptation of getting all the money and fame for such a long period of time

Do you think Satoshi isn't a human person? So is he an alien?

I think he is a smart guy that is rich now anonymously, but I think also that he influences the market a lot. Nobody knows who he is, so he can be anyone from any country, he can be a chinese and can be acting at their favour as we are seeing the chinese power in relation to Bitcoins.

Anyway, we have much to thanks to him and to all others that helped him in this project.

Whether he comes out or not I don't there will be an impact at all although he can also help to promote bitcoin,the community is now the one in control being an open source,so whoever comes out now claiming he is Nakamoto has no impact in the future of Bitcoin.