Bitcoin Forum

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

Is it anything different than him dumping his regular bitcoin?

This is not something to worry about, it is quite clear by now nothing is going to happen. I mean, who wouldn't cash out more than a billion dollars worth of coins?

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Well i guess this forum is the proof that he is still out there, as he is the founder of the forum

He (or they, whoever satoshi may be) handed over the forum many years ago already, he has nothing to do with bitcointalk no more.

Personally, I suspect that he burned a lot of the early coins. People speculate with similar fearmongering about him dumping his BTC on the markets, too. I think if any of the early BCH moved that both the BTC and BCH markets would be spooked. But I think that's highly unlikely due to Satoshi's past actions; he never emerged when past fork threats came about. Why would he do so now?

I think he knows that if the design requires an early miner like him to destroy competitors with market supply, that the design has failed.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

Satoshi is still alive?? I think not...

In the past it was only threats, not actions. But BCH appears to be a serious threat and action to the real BTC. Look at the trade volume BCH surpasses BTC.

You are assuming he agrees with all the decisions made by bitcoin devs, you're assuming he still cares about bitcoin, you're assuming he prefers btc over bch.

You seem to be assuming a lot of things ::)

ahaaaha i think about it
if someone has million bitcoins
he has millions of the other forks also
watch the rich list to see the picture

First of all we don't know is he alive or someone named Satoshi Nakamoto was an individual person or not. Now to the question, why would he dump his millions of bitcoins they are worth so much, the price would be in billions. I don't think anyone not only Satoshi Nakamoto would like to dump so many bitcoins.

Read the first post again, you misunderstood it. It was related to Bitcoin Cash (BCH)

i think satoshi dont have access now in that account or dont plan to move anything in that account
before some user keep watching the satoshi bitcoin and looking if the he will move some coin when the price rise
but until now no bitcoin move so i think it will not happen in bch also

Let's assume in clear way.

* You launched a project and assume that it'll be worth trillions of dollars someday.
* Some other guy appears and copied the whole idea of your project.
* First you ignore it, because there were many who already tried and failed in it.
* But one day you saw the serious threat, and your project worth is still in few billions and has not reached the full potential yet as your expectations were.
* You've the PUSH BUTTON to destroy your competitor, would you want to press it or not? If you'd ask me then I'd PRESS it, but would wait some more time to surpass my project's 50% value. :D

Whoever has created Bitcoin, be it Satoshi Nakamoto or any team hiding behind that name, is helding by the balls virtually EVERYBODY who owns any Bitcoin, Bitcoin Cash and whatever forl they may ever be. If he or they dumps whatever version they please, that coin is dead.

If someone open and sent BCH coin from address! This is good info because real people hold 1 million and alway follow bitcoin

For me even if he dumped all his BCH nothing will still happen. Satoshi is not a fool, so he is not going to do that. I think he wouldn't care if bitcoin was overtaken by BCH, as long as his coin still remains. And in my prediction BCH can't go above bitcoin after all.

If Satoshi Nakamoto is alive and he has access to his coins, since he is not a stupid person, he will not commit rash acts that would sharply violate the achieved balance of bitcoin. However, if he does, then, of course, for a while, the price of bitcoin will drop sharply, but after a certain time, he will begin to rise to the previous level and higher.

I think the price will crash for some time before recovering. Lot of people in the comment say Satoshi is the creator of BTC but not BCH. But I think the credit goes to him. No matter how many forks Bitcoin goes, the father of all of those is Bitcoin and its creator is Satoshi.

following the past terms of projects with the e-gold
and the decision to work on new economic system that is better than e-gold,
those might as kinds as might satoshi nakamoto in searching of the better as conception on initials with the beginning indication as the system of electronic currency of e-gold as had with those of chance to goes as through with the wider scenes of globes internationally.

they might as if to work on beginning subsequence on looking of funding with the following as exchanging expends on future to deliver service with the offers of company.

and to pay of fees for the concept as came from different subject of personals to gains on involvesment with the new economic system projects as now popularly known as the bitcoin.

There are not that much buyers on exchanges, maybe he'll find a decentralized exchange, which he can stay anonymous then he dump all of his bch for fun because he can't cash out without revealing his identity.

He wouldn't dump his Bitcoin.

Satoshi Nakamoto can not do that, he has to get out of anonymity. Or he finds a method and chooses not to do it even if he can do it. Satoshi tried to set up this technology. I don'ot know what kind of benefit Satoshi will have in this situation, Satoshi already has a lot of money.

This is my first time to hear about satoshi nakamoto was mined around 1 million worth of bitcoin for itself. Is that a correct value? Because from some expert said about the satoshi only hold around 1000 bitcoin and no more.
But i think that was not true caused by the bitcoin cash was different with the bitcoin itself.
Is that mean the bitcon cash developer already mined around 1 million bch for their self.
This why fuckin roger has made a lot of FUD.

source: wired (https://www.wired.com/2013/12/fbi_wallet/)

I'm personally not worried about it. We haven't heard from Satoshi is years so why would he come forward now just to dump his coins on his beloved community and project and kill us all? It would be devastating to the price and who knows how long it would take for everything to repair itself. Though, he would do some real damage to the black market, which might be alright :P

Satoshi has created great worlwide system that allows people too get rich.
 ;) ;)

I don't understand why so many people here think Satoshi is dead.  It's not like he came up with bitcoin like 30 years ago.  It's been less than 10 years..

Reread the first post again, it was related to Bitcoin CASH, how did you manage to reach 112 activity? :-X

My guess is that the most likely scenario is those coins stay locked up where they are.

What addresses are known to be his? Is there list somewhere? Someone should build an app that monitors them and alerts at the first sign of movement. Surely that can't be that tricky.

I think Satoshi Nakamoto don't care about BTC price going up  or down. Rather his vision was to make BTC as a alternative payment mode not a investment tool. So he is not at all bother about its price compared to FIAT.
So if in case, BTC died and BCH grow, his concept is still the same. Thats what his vision is....
Moreover he left his coding open on developing section of bitcoin.org so that developers can easily access to it and if they want can make a better version of it.

What makes you think Bitcoin Cash is not "his project", but Bitcoin is? In any case, I don't see him dumping any of his coins or moving them, as they could give clues to his identity. Only if he really needs the money, will he do so.

As per humors satoshi hold 1M BTC... don't know how true it is!!!
But yes if satoshi have 1M BTC and now, of course, BCH....he got a lot of power in his hand to manipulate crypto-market. If he saw BTC sinking and sold a large quantity of BCH, supply will suddenly inc. A condition of panic selling will arise and BCH price will crash like anything. After such a crash, people will surely lose their faith on BCH and will again shift to BTC.....Hence Satoshi wins.

if ghots could sell their bitcoins :D  ;D

I just want to remind anyone who is interested that Satoshi's posts are still here on this forum.  Anyone can go back and read through all of them if they choose to do so.

Technically, it seems still possible. Don't forget that Satoshi may be a real person and he can really be having that much BTC and BCH at the same time. In this scenario, BCH would almost hit zero dollars.

This will prove that he is alive and anonymously influences the situation. Although there have been rumors for a long time that this is a group of people and is associated with special services.

But he did not drop anything and maybe sold the part and fell because it was just a pump and nothing more

Everything's posible. But this is highly improbable. We have too many unknown factor in the above equation. Is he a person? Is he a group? Are/is they/he alive?
We are not sure he create the bitcoin cash either.
But let's say he's alive and can sell 1 million f BCH, it could be turned into BTC's advantage and hurt seriously BCH

If i were satoshi nakamoto i would rather sell my bitcoin cash. Because in the law of supply in demand the higher the amount of bitcoin cash, the lower it's value. Not like bitcoins that the higher the amount then, it has higher value.

satoshi nakamoto own's more than 7 billion dollars now!

i he tranfers 1 BTC from his adress to any exchange in the world, his identity will be revealed!

If it is a real person and not an intelligence agency or AI then he is smart enough to know that if he reveals his identity he will be killed.

The price will drop a lot but then again people will realize that life will go on and soon, many investors would buy those dumped coins. Dumping his coins wouldn't automatically make the market crash I think, same goes for his bitcoin if he were to dump it too.

no body know, who is satoshi nakamoto? but i think satoshi nakamoto should be a billionaire now,,
and i believe he is alive in reality
he could be dump his BTC or bitcoincash,, and it can be anytime he want it

If Satoshi Nakamoto shows ANY sign of still being alive and involved in crypto, Bitcoin is INSTANTLY going to the moon. Everyone is gonna go totally crazy if he decides to show up, it won't even matter if he dumps BTC/BCH or whatever he does, just his presence will boost us a lot.

No matter the price will be bitcoin will still mooning and Satoshi Nakamoto wants to help the economy growing this is the reason why we are pushing bitcoin upwards.. coz we believe in technology

Well, it actually depends what kind of sign he gives. If you see his BTC wallet address going live, and you see him starting to sell coins, BTC would probably drop 80% in a matter of days (not because of his huge quantity, but people loosing faith in BTC).

It is hard for inventors to sell their coins actually. People need to liquify their investment, and just because they sell some of their tokens, doesn't mean they don't trust their idea (there was a huge hype when Vitalik sold a tiny stash of his ETH, probably just to cover his life expenses).

i guess he can easily dump bitcoin cash into deep if he want but i am not sure that he want to do this. we have get free bitcoin cash if we have bitcoin amount in our wallet especially if we have bitcoin in exchanges and i see many people is expecting to make money again from bitcoin cash. but i think the party is over now and it might be happen again in future so we can wait to make another profit with bitcoin cash. the one thing that we know, satoshi is at hidden place and watching the price and i think he make a lot of money from bitcoin cash too but he never show his self.

I couldn't even fathom how you would sell 1 million coins aside from doing deals with a few exchanges or a company which exchanges FIAT into it.
If 1 Million went into the market now, you would see a drop in price as buyer demand decreases until all coins are accounted for.
I don't think the coin would crash, everyone knows how many are in circulation and at any point they could enter the market, but it would take a huge hit off the market cap until the buy/sell leveled out.

I think you misunderstood the subject, this is a discussion whether will he dump Bitcoin Cash, not Bitcoin.. Of course, he wouldn't dump his own Bitcoin~~

Satoshi Nakamoto has created many controversies in the crypto world,his identity is still unknown.He had mined this bitcoin cash many years ago.We don't even know whether he still has access to his account.But if he does dump his bitcoin cash the crypto world will have to face a great downfall in it's value.It will put a drastic effect in the crypto world which would gradually lead to the rise of panic in people further causing downfall in the value.

Satoshi might not have any intention to destroy Bitcoin cash or any other hard fork as he don't need any credit or popularity for his invention BITCOIN, that why he got anonymous just after his invention. So i don't think he will mind if BCH rises with some better features from bitcoin. After all this coins are working on blockchain technology.