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#BTC until 1000 USD (or 6100 RMB)


Mt.Gox: 6480 coins left
Bitstamp: 2400 coins left
BTCchina: 1970 coins left


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Great post! If this scarcity continues i think we should see prices surge to $1000+ within the next few days!

I think everyone is hoarding at the moment, and mining is probably not keeping up with the demand.

Doesnt Satoshi sit on a pile of a million coins? Why doesnt he release some into the public?

So what could happen when there are no more coins? Will the value will grow even more? Or people will loose interest and it will drop?

yeah satoshi if your reading this throw me some love please, thank you!

Price goes up until someone thinks that's the right price and sells.

That is assuming demand keeps up.

If no one would like to sell, people will loose interest buying at exchanges and mine Bitcoin instead

I don't know about other exchanges than Gox, but the 6480 number is bullshit.
There are more coins for sale on Gox now than 12h ago, and right now the number is about 11800.

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

What if he's dead and gone? That's one theory at least.

Or maybe his hard drive crashed, he forgot to make a backup of his wallet.dat file, and hes too embarrassed to tell anyone  ;D

Man, you really are a pessimistic person.

Satoshi can't spend his coins without risking his anonymity.

Cant argue that.

I'm selling enough to cover the next few months expected expenses... Normally cash out as needed, but this is getting unsustainable.

Why?  Please identify all of Satoshi's coins.

Also Satoshi did "spend" coins ALREADY. One of (or was it THE first) non-generation transaction was from Satoshi to Hal Finney (Finney attack named after him).

You can still sell anonymously at Localbitcoin.
Unless your suspicious your face can be recognized

Yeah but he can't move any of the early coins into fiat because that would be linked to his identity immediately. I suppose at one point he understood the full scale of what he started and (rightfully) afraid of turning his life inside out and becoming a public spotlight person, vanished. Amazingly smart thing to do, really. I'm sure he does well financially.

Yo', I'm Satoshi. I'm looking to sell 2 million bitcoin. Meet me in the park at midnight. Come alone. Bring Cash.

Are quarter rolls ok?  Do you have a dumptruck handy?

Heh.  

Satoshi doesn't need his coins.  :-)  

Nah, he bowed out for very good reasons, and he's got very good reasons for not touching his million-coin stash (actually a million and a half if I'm doing the math right) for at least another six years.  There are people watching, and a move on his part would have consequences.  But he's provided for himself quite well by other means; he's under no pressure and doesn't need to make any rash moves.  Stalemate.

Honestly, those coins are more likely to be spent by his heirs than by him.  And if I'm right, he's absolutely fine with that; I think that's what he wanted to do with them anyway.

Satoshi remember, is quite possibly not a real person, or even a single individual. It's also entirely possible that Satoshi is a government agency of some government anyway. So.....

Honestly, I figured it out the other day. 

There is no hard proof, of course.  And I'm not going to name names, because privacy.  But I'm confident that I know exactly who Satoshi is. 

And if I'm right, I admire the context in which his work took place almost as much as the work itself.  His devotion to family and future generations of humanity is the purest conceivable.  I'm completely serious when I say that he did not do this for the money.

Satoshi was sent from an alien race so that we could transform our monetary system to be compatible with theirs before first contact.

Each planet only gets 21 million. Use them wisely.

Most of his coins are in blocks of 50 btc as the unspent block rewards from all those blocks he mined early on. He could cash out one of his later chunks of bitcoins without anybody knowing it was him. One block reward would be something like 32 thousand dollars right now, that is enough to live on for a year.

Additionally, he could just sell the coins OTC for cash and remain anonymous.