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Bitcoin => Bitcoin Discussion => Topic started by: TimeBits on July 15, 2019, 03:38:05 PM



Title: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 15, 2019, 03:38:05 PM
I hope they do.  8)


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: mk4 on July 15, 2019, 03:50:53 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Csergejs on July 15, 2019, 04:00:13 PM
Depends on my position. short or long that is  :D


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 04:00:20 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.


this team have much more then 1 millions of coins, they also slowly buy coins when the price grow from the start...


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: muslol67 on July 15, 2019, 04:04:47 PM
I hope they do.  8)

So what will you get with that? All people will be damaged who invested any money in this market.

I'm having trouble understanding some people. Although they have no interest in themselves, they wishes someone else to suffer. If you are not interested with someone, you should not follow. Let go people do what they want.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 04:10:33 PM
I hope they do.  8)

So what will you get with that? All people will be damaged who invested any money in this market.

I'm having trouble understanding some people. Although they have no interest in themselves, they wishes someone else to suffer. If you are not interested with someone, you should not follow. Let go people do what they want.

mate its waist of time sometime to answer to some kind of info...

do you really think they will sell more then 1 millions coins,

come on



Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Reid on July 15, 2019, 04:14:40 PM
Are you looking for a price dump to buy back?  ;D
Why not just wait and not let your imaginary mind go way too far?

There will be a time that it will go back down. (although I dont want to)
It will happen. A price dump that will shaken the bitcoin market again. Maybe it will be for the last rodeo though. It will be fast. Once the buyers from the FOMO 20k price sell their coin, a lot will also be buying for a cheaper price.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 04:23:33 PM
Are you looking for a price dump to buy back?  ;D
Why not just wait and not let your imaginary mind go way too far?

There will be a time that it will go back down. (although I dont want to)
It will happen. A price dump that will shaken the bitcoin market again. Maybe it will be for the last rodeo though. It will be fast. Once the buyers from the FOMO 20k price sell their coin, a lot will also be buying for a cheaper price.

love this statement dude

English is a language.Not a measure of intellignce


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Theb on July 15, 2019, 04:25:19 PM
That would be the ultimate FUD we will have even bigger than what we had last time, worst case scenario is this might be the bear market we may never recover. Satoshi offloading his entire portfolio would just be like an owner of a company selling his own shares which would have the same effect in the market. Not only it affects the demand and supply it also decreasese any kind of confidence in the market.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: BTC Future on July 15, 2019, 04:26:35 PM
Are you looking for a price dump to buy back?  ;D
Why not just wait and not let your imaginary mind go way too far?

There will be a time that it will go back down. (although I dont want to)
It will happen. A price dump that will shaken the bitcoin market again. Maybe it will be for the last rodeo though. It will be fast. Once the buyers from the FOMO 20k price sell their coin, a lot will also be buying for a cheaper price.

Only one I see buying above 10k are braindead day-traders at a youtube channel going long at any dip they find and start crying once the dip goes further. It's so funny that a so called expert trader is waking up, moving in front of his screens and without any real indicator or equation just moves up and down a few lines to match with a so called target price.
So besides these speculators that are ready to go short/long depending on 5minute candle trend, noone actually wants to buy at 10k.
Whales even tried unleashing twitter bots with 100K bought followers to convince people to buy at 13K. Some fake accounts with names like "Bitcoin Bull", calling for unimaginary wealth in 2020. What a load of Bullshit.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 15, 2019, 04:29:54 PM
Are you looking for a price dump to buy back?  ;D
Why not just wait and not let your imaginary mind go way too far?

There will be a time that it will go back down. (although I dont want to)
It will happen. A price dump that will shaken the bitcoin market again. Maybe it will be for the last rodeo though. It will be fast. Once the buyers from the FOMO 20k price sell their coin, a lot will also be buying for a cheaper price.

https://data.whicdn.com/images/299741008/original.jpg?t=1508551881

https://i.pinimg.com/originals/a7/5e/02/a75e027b760cbd6d260ff65d20889cd3.jpg

My mind has no limit -404LIMIT


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Artemis3 on July 15, 2019, 04:33:57 PM
I hope they do.  8)

No. This wouldn't be a problem, as the market would quickly grab them. Besides if Satoshi wants to change it for fiat, i'd say let him/her.

If you think this would harm Bitcoin, you are very wrong. Cheap bitcoins? Others would grab them. It doesn't matter who sells them, don't fear the whales, if you have fiat lying around a lower bitcoin price would be your chance.

But its all wishful thinking, you never know when this will (if ever) happen, Satoshi or any other whale, can sell at anytime; don't fear the inevitable, embrace it, understand it, then profit!.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 04:39:00 PM
Are you looking for a price dump to buy back?  ;D
Why not just wait and not let your imaginary mind go way too far?

There will be a time that it will go back down. (although I dont want to)
It will happen. A price dump that will shaken the bitcoin market again. Maybe it will be for the last rodeo though. It will be fast. Once the buyers from the FOMO 20k price sell their coin, a lot will also be buying for a cheaper price.

Only one I see buying above 10k are braindead day-traders at a youtube channel going long at any dip they find and start crying once the dip goes further. It's so funny that a so called expert trader is waking up, moving in front of his screens and without any real indicator or equation just moves up and down a few lines to match with a so called target price.
So besides these speculators that are ready to go short/long depending on 5minute candle trend, noone actually wants to buy at 10k.
Whales even tried unleashing twitter bots with 100K bought followers to convince people to buy at 13K. Some fake accounts with names like "Bitcoin Bull", calling for unimaginary wealth in 2020. What a load of Bullshit.

day traders are in deep shit and stuck inside fake rabbit hole which explain them that by lines on graph like support and resistance and other shit can predict the outcome , but in reality they scammed by books,blogs and other shit scams which dominate the web when in fact top investors which are very rare and know where to look to know what will come and for sure day traders 99.99% lose ,the scams out there give the illusion that its fantastic way to make money hhhhhhhh when in reality is dark rabbit hole .

as someone smart said about this lines on graphs like support and resistance and other shit -- he said maybe i need to smash hammer on my head to understand how they predict the out come from this bullshit,,,or they say this is parbolic formation which mean the price will go to x hhhhhhhhh

fucking scary rabbit hole which created by the scams which dominated by books,blogs, and other shit


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 15, 2019, 04:46:43 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.


this team have much more then 1 millions of coins, they also slowly buy coins when the price grow from the start...

Yah I know, and they got the "hacked" coins to buddy and all the big miner ops just in different pools to keep it more low key. Dah fucking NSA created and that whole trump tweet is reverse social engineering lol, deez people do not think good with brain.  8) Enslavement for future it is, to blind the sheep are. They still think they need Shepard, but they don`t realize Shepard steal all of there wool for life, then eat them after. They don`t even realize they give their baby wool for free to who also will get eaten, lol  8) Some of the sheep even help the sneaky shepard sheer some of the other sheep, but even there offspring`s offspring will be at the bottom get fucked by the shepard when they are gone.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: dothebeats on July 15, 2019, 04:51:23 PM
I won't get mad as it's theirs wholly, and it's their responsibility/decision to sell it for monetary value and/or anything. True it can potentially drown the market and send it into the abyss but then again we know that bitcoin has always the potential to bounce back and regain what it lost. I still believe in the initial intention of Satoshi as to why he/she/they created bitcoin, and I know so well that I've already benefited enough from the said invention in terms of profit and money, so yeah, I'm good should that happen.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: rosezionjohn on July 15, 2019, 04:52:48 PM
Was it Charlie of LTC who did something like this? And many of the litecoin community were disappointed?

I don't really know if I will get mad if satoshi does something like that. For sure many will be disappointed because they will be force to hold than sell at a loss while some will be very happy to buy at a great discount.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: davis196 on July 15, 2019, 04:53:33 PM
I hope they do.  8)

Those coins are sitting there for years.This means something.Wether Satoshi lost access to his coins or he is dead.Do you think that he won't sell at least a small portion of the coins if he had access to that wallet?
If those coins are sold one day,I couldn't care less.Bitcoin will survive the price dump.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 15, 2019, 04:58:43 PM
I hope they do.  8)

Those coins are sitting there for years.This means something.Wether Satoshi lost access to his coins or he is dead.Do you think that he won't sell at least a small portion of the coins if he had access to that wallet?
If those coins are sold one day,I couldn't care less.Bitcoin will survive the price dump.

well the price dump of even 1/10th of the coins would bring bitcoin to 0 on the biggest exchange, did you not see that 10k bitmex sell, that was 10k, not 600k+ (probably more like 7 mil)
anyways 100k would bring the price to pretty much 0 on any exchange, due to the panic that would follow.

oh and guess what, they will buy them all back up for pennies on the bitcoin why? because they own the exchange and have faster ping to the bots and pay 0 in transaction fee.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: harizen on July 15, 2019, 05:09:30 PM

No worries, his sold coins will eventually found their new owners within just a short period of time.

However, it might create a FUD that bitcoin is now done since the creator now left.

On the bright side, bitcoin already established a good foundation without Satoshi's presence the whole time. Therefore, any FUD will surely withstand as others might also think that it's not the real Satoshi who sold all the coins but instead, it got hacked or stolen. It just needs time to recover. Bitcoin is not about Satoshi now but it's already backed by a huge crypto community - a global currency.

But you know, there are lots of things to think rather than this

I suggest to take fresh air somewhere else and relax your mind.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: gentlemand on July 15, 2019, 05:59:04 PM
Nope. It would finally put any doubts to bed but I don't believe it will ever happen. The idea of someone like Satoshi handing over his wee driving licence to sign up to Coinbase is about as likely as Donald Trump organising a photo shoot with him wearing a nappy and playfully wrestling leathermen in mountains of bubbles.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Thirdspace on July 15, 2019, 06:12:35 PM
no and noone should be mad, those are his coins and he has right to sell them

All people will be damaged who invested any money in this market.
the price drop won't last long, I believe it would quickly rise back to normal
in fact it would confirm satoshi existence and a good way to re-distribute bitcoin


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 15, 2019, 06:17:40 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.

Yo, satoshi, if you sell all of your coins, John McAfee will have to eat his own pp on cam in 1 year.  8) He also claims you are a like mexican guy or something a dark skinned guy. I am pretty sure you are two ladies. One from Canada, one from UK.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: spadormie on July 15, 2019, 06:31:59 PM
Why would you take the freedom of somebody in selling their coins. And that was created by him also. So he will think twice on selling it for it to have a bigger value in the future. But selling all his coins could lead to the destruction of btc. Not exactly destruction but this will contribute to it since he has a lot of holdings on this coin.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 06:36:06 PM
shit post with shit information and people  wonder why they uneducated and their mind is empty, hell

circle jerk comments and post ...


there are place where people talk about crypto and other interesting things about the web and better leave them underground because with this kind of shit posts and answers hell its scary...

fucking circle jerk p0st/ comments so sad to see forum full of shit compare to underground places where every each post is quality if crypto or economics or other intersting things

no wonder why people like vitalik and other great minds leave,  not only this this kind of jerk people buy hear accounts and flood this forum with shit and jerk information

the people behind bitcoin have much more then 1 m coins as they buy them slowly as they grew in price , they need this money for other operations ,and other things as the people of wiki leaks hinted that they need huge amount of money to run this giant operation,

because wiki leaks this is the biggest leaks done in the entire history...

jerk p0st and shitty answers its better leave other places where people talk and post quality info,

hell in this kind of people feel they smart hhhhhhhhhh

i going to laugh  on this few days


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Bitcoinqubit on July 15, 2019, 07:18:31 PM
I hope they do.  8)

cicada 3301 and exposed few emails from winners,  - not shit youtuber and d0ne very professionally.

https://www.youtube.com/watch?v=T-Pr89bZo9M&t=1544s (https://www.youtube.com/watch?v=T-Pr89bZo9M&t=1544s)

14:29 - 16:10 min -- leaked email from winner 2012 which say they are international team around the globe. also -- said liberty ,privacy,security, cash.

and we will happy to be with us for future project.


said liberty ,privacy,security, cash**--

wiki leaks also mention few times they need huge cash flow to keep this giant project and other projects which come and wiki leaks its the biggest project in the entire history ,


not only this all of the people that talk about that peer to peer and cryptgraphy tech will make finical freedom as i put few of them the other i dont expose as smart people know how to get to this people, they hinted about it and also about cicada 3301 as they searched to find new people around the world to join them.

all this forum and no body find this simple link yet they all day long out put the non sense and crap inside their head....simple link
------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Not to mention the paper that closely resembles an outline of Bitcoin having been written up in 1996 by the NSA. https://archive.org/details/CryptographyOfAnonymousElectronicCash

IN ICO phase one of the recommendations was to make sure the team was well known before buying, as an anonymous team would indicate suspicion. Yet somehow Satoshi team escaped this suspicion even though nobody knows who they are.

you so fucking uneducated its unbelievable
------------------------------------------------------------------------------------------------------------------------------------------------------------------------
search on the web

Wikileaks, Peer-to-Peer and cryptography, and the literary underground : Can the freedom of speech be absolute?
by -- Takushi OTANI really was way before bitcoin come**
================================================================================
someone else said this try to trace who behind this statement:

WikiLeaks is a website that publishes secret documents revealing the misconduct of governments and corporations. In its first year, WikiLeaks published more than 1.2 million secret documents. These documents revealed classified information about countries and corporations around the globe, spilling sensitive secrets about major conflicts and human rights abuses.

state-of-the-art encryption(cryptography), peer-to-peer file sharing, and the internet itself – is what makes it possible for WikiLeaks to release millions of secret documents at once.
===================================================================================
How cryptography and peer to peer tech is a key weapon in the fight against empire states -- Julian Assange said this.
said before bitcoin come to the world
====================================================================================

shitty people always try to steal great projects until smart people debunk their fake shit ass..
===========================================================================


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Mpamaegbu on July 15, 2019, 08:00:45 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.
This of course has always been my position on this topic. Why should I care if he is fed up with hodling? I mean, at a point he is going to want to offload some. In fact, Satoshi will be a fool not to profit from his own invention. Charlie Lee (the Litecoin dude) also did same and sold an appreciable quantity of his hodlings at almost ATH. But the market concern should be that Satoshi doesn't sell off his 1million holding at a go as that will invariably destroy the crypto market with a deep crash.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: astadbtc on July 15, 2019, 08:14:34 PM
I hope they do.  8)

Quite a few people believe it was a team instead of one person. I haven't research this far, but I trully believe that one gifted person alone, can actually manage to create a technological breakthrough that can change the lives of everyone. I believe that Satoshi is a single person that created everything with his own brilliant mind.

Patterns and technological advances that big corporations claim as their own, are usually build by one individual alone. His contract though, on every situation, claims that any breakthrough he achieves using company assets or data, is owned by the company. Scientists get paid a lot though for this reason. Although they miss the glory in most fields of science and technology this way and their name stays in the shadows.

I really hope Satoshi is alive and kicking and watching his child becoming what he always hoped for.
I read quite a few of his posts in bitcointalk and I only hold admiration for him.

If he is alive and decides to sell, he deserves the wealth. Kudos to him. Still it would have huge implications on price of Bitcoin.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Allura74 on July 15, 2019, 09:38:12 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.
This of course has always been my position on this topic. Why should I care if he is fed up with hodling? I mean, at a point he is going to want to offload some. In fact, Satoshi will be a fool not to profit from his own invention. Charlie Lee (the Litecoin dude) also did same and sold an appreciable quantity of his hodlings at almost ATH. But the market concern should be that Satoshi doesn't sell off his 1million holding at a go as that will invariably destroy the crypto market with a deep crash.
The bitcoin is not hold by a single person and there thousands of bitcoin holders and maybe satoshi have greater percentage of its holdings and if he will sell all his coin then additional dump will take place causing the bitcoin price abrupt fall down, as for me its not good for us but still acceptable because crypto is having no central control  and that is its reality.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Zionatin on July 15, 2019, 09:40:12 PM
Nope. Not me.  :D
What if bitcoin hits a low then. Your bitcoin payments will be high.

no and noone should be mad, those are his coins and he has right to sell them

All people will be damaged who invested any money in this market.
the price drop won't last long, I believe it would quickly rise back to normal
in fact it would confirm satoshi existence and a good way to re-distribute bitcoin

I think it will be a good chance to buy more bitcoins. That is if you have the fiat to do so. (I do not) You are right it won't last very long.

I hope they do.  8)

Quite a few people believe it was a team instead of one person. I haven't research this far, but I trully believe that one gifted person alone, can actually manage to create a technological breakthrough that can change the lives of everyone. I believe that Satoshi is a single person that created everything with his own brilliant mind.

Patterns and technological advances that big corporations claim as their own, are usually build by one individual alone. His contract though, on every situation, claims that any breakthrough he achieves using company assets or data, is owned by the company. Scientists get paid a lot though for this reason. Although they miss the glory in most fields of science and technology this way and their name stays in the shadows.

I really hope Satoshi is alive and kicking and watching his child becoming what he always hoped for.
I read quite a few of his posts in bitcointalk and I only hold admiration for him.

If he is alive and decides to sell, he deserves the wealth. Kudos to him. Still it would have huge implications on price of Bitcoin.

I also think it's a team but I don't think it matters. It does not affect anyone other than the fact it was created. We have a lot to be thankful for.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Artemis3 on July 15, 2019, 09:50:53 PM
Nope. It would finally put any doubts to bed but I don't believe it will ever happen. The idea of someone like Satoshi handing over his wee driving licence to sign up to Coinbase is about as likely as Donald Trump organising a photo shoot with him wearing a nappy and playfully wrestling leathermen in mountains of bubbles.

Perhaps, or it was a private decision taken years ago, maybe tied to the disappearance of the character. What decision? Losing the wallet private keys on purpose (burned coins). Or perhaps its in a time capsule of sorts. Could be a grand master plan, someone could suddenly become world richest person...

Whatever the case if there is no turning back then it might be for the better. Just look at all the drama with the faketoshis. Would there be friction with the current developers?.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: BitcoinFX on July 15, 2019, 10:04:46 PM
I hope they do.  8)

Sell your soul ? ... and for what ?

Now 'you mad bro' ...

1 BTC = 1 BTC

::)


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Speshal on July 15, 2019, 10:08:18 PM
Who told you he's not selling his coins?


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Periodik on July 16, 2019, 03:30:14 AM
I hope they do.  8)

Nice one! I hope he or she or they won't.  ;D

And I guess he never will. He has left the Bitcoin world. He was not after the value of Bitcoin after all. He was after the fulfillment of his vision, which is to provide humanity with a great alternative currency. A currency that represents freedom more than anything else. I don't think Satoshi Nakamoto is even tracking the updates and news right now.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: fiulpro on July 16, 2019, 03:41:01 AM
First of all
  Why would you want the downfall of the very product you made ?
  It is already helping millions all around the world and even
  providing jobs for some.
  Why would you do that in one go? To make people associated
  with it suffer ?
 
Secondly
  We don't even know if real Satoshi actually holds Bitcoins! , It is
  just an assumption that it's his wallet .
 
  Maybe he doesn't actually?


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: pooya87 on July 16, 2019, 03:41:20 AM
the difference between Satoshi and you is that Satoshi sees bitcoin as a currency which is there to act as a payment system but you see bitcoin as something you only "buy and sell" with fiat and probably only see the monetary gains in it and nothing more. and that is why you concern yourself with questions like this one and waste your time speculating about it!

in other words if some day Satoshi decides to come back, he won't come back to "sell" his bitcoins for fiat because that doesn't make any sense. he would come back to use it as a currency to make transactions.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: marcbitcoins on July 16, 2019, 03:41:39 AM
Obviously people will be mad including me. If he do that even his right to do so we will surely get mad specially if we invested a lot for this coin. Just imagine that you sold your house so that you could buy Bitcoin with very expensive value then suddenly the price of Bitcoin will dump. No crypto users will going to understand that except for those that don't have Bitcoin.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Searing on July 16, 2019, 03:49:46 AM
If that happened, supposing he was from the USA and legal..and paid the 25% capital gains tax in Millions. With also possibly state and local taxes.

He would most definitely for his trouble get an audit by the IRS.

Also, the beginning blockchain stuff he had addresses on would be gleaned for dark web stuff

his life would be frigging over because I'm sure he spent some kind of BTC for pizza or stuff at 10,000 BTC or so. But indeed a 2009 BTC on the blockchain

you made say for 2c and you bought a 1,000 TV with such. You would owe the IRS $999.98 to the IRS as 'capital gains' tax.

He would be BEYOND HOSED, again, even if he tried to do the right thing, and get out of the whole works, legal like he won the lottery.

They would still come after his ass. :( Hate to say it, but with billions and blockchain to look at it all, it would be just too, too tempting for the IRS and others to kick his ass.

Not sure, I could be MORE sure about this.

Brad


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: vladimirhf on July 16, 2019, 03:55:26 AM
If he is still alive he is probably selling, but not from known genesis block accounts . there is no reason to do that.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 16, 2019, 06:22:28 AM
the difference between Satoshi and you is that Satoshi sees bitcoin as a currency which is there to act as a payment system but you see bitcoin as something you only "buy and sell" with fiat and probably only see the monetary gains in it and nothing more. and that is why you concern yourself with questions like this one and waste your time speculating about it!

in other words if some day Satoshi decides to come back, he won't come back to "sell" his bitcoins for fiat because that doesn't make any sense. he would come back to use it as a currency to make transactions.

I never bought bitcoins or sold them for fiat.

How did I obtain some? Playing a game called huntercoin, someone 1 gave me a life .001 btc at the time, I turned that life into 4000 or 5000 lives, exchange the huc for btc, I then gambled and owned all the casinos.
I also got paid from working for a altcoin, for being a store manager for a altcoin, which I would exchange some of that altcoin for bitcoin.

How did I spend some? Computer, laptop, clothes, med`s, vape, vape juice, food, bunch of shit on amazon(when that gyftcard site use to allow it, although this is almost as bad as selling for fiat as you are buying representations of fiat)

amount of fiat used: 0
amount of fiat gained: 0 (I could have some, I rather not)

I am the one who preaches the first sentence of the whitepaper brother.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Pursuer on July 16, 2019, 07:43:07 AM
why would anybody get mad because of something like that?
obviously that will never happen because of variety of reasons including the size of it, ... but even if it did, people should be happy that one of the biggest nonsense discussions would end for good about how much bitcoin Satoshi has and what happens if he sells. it is like the bandaid that you pull off once and for all instead of poking at it every day. and on top of that it introduces a small portion of the supply back into circulation again which will again address another nonsense discussion about "is there enough bitcoin for everyone"!


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Dingdongjl on July 16, 2019, 10:44:40 AM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.

I cant believe that one of top merit earner posted a topic like this on bitcoin discussion section.

I dont really get your point here OP, I have 2 questions for you "why and what".

WHY - you want satoshi to sell all their coins right now?
WHAT - is your purpose on posting topic like this?


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: imstillthebest on July 16, 2019, 10:50:43 AM

I cant believe that one of top merit earner posted a topic like this on bitcoin discussion section.

I dont really get your point here OP, I have 2 questions for you "why and what".

WHY - you want satoshi to sell all their coins right now?
WHAT - is your purpose on posting topic like this?

i dont see any problem if he is a top merit earner and he will post a topic like this  . why because you find this question a joke ?  no its not a kind of joke . your asking why will satoshi sell his coins ? obviously because he want to earn a profit . and what is the op's purpose of posting a question like this ? maybe because he is only curious to know other opinion .   instead o stressing yourself about the op , why cant you just answer his queries ? eh ?


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Kakmakr on July 16, 2019, 11:03:37 AM
It depends on how he/she/they sell it. If Satoshi sells the coins on a OTC platform, then it would have less of a influence on the Bitcoin price, but if Satoshi sells the coins on exchanges, then I would be pissed off, because it will destroy the price.  ::)

It is also important to note that he might dump all coins at once and this will definitely wreak havoc on exchanges. <Liquidity and Price collapse>

The first coin accessed will even cause a "Bank Rush" scenario on exchanges in anticipation of a possible price collapse.  :P


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: bitbunnny on July 16, 2019, 11:16:15 AM
I have to say that I don't understand really this question. According to this question the presumption is that you know that Satoshi has some coins but you can't actually now it. Also, he has every right to do what he wants and despite some different opinions he doesn't have any obligations to any of us so why should anyone be angry or even think it has the right to be angry because of his decisions.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Turkish88 on July 16, 2019, 11:26:37 AM
Price goes to zero before they can sold out their bitcoins.
Who's know maybe he want to use their wallet to make something big in climax situation. This may be pump the price with burning their btc's


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 16, 2019, 11:48:01 AM
Price goes to zero before they can sold out their bitcoins.
Who's know maybe he want to use their wallet to make something big in climax situation. This may be pump the price with burning their btc's

correct they would not even be able to sell them all before it crashed to 0. I think tho if they came back and just said "hello" on the forum the fiat price would like 10-100x overnight. It would 100% hit main stream news.

Anyways, you know who else could crash the market to 0? Mark Karpeles and Bulgaria almost could lol.

Anyone who could buy enough asic`s could also burn the network pretty quick and that would make it go to 0 and even worse, make the network unusable. So even 1 bitcoin = 1 bitcoin would not even matter.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: LeGaulois on July 16, 2019, 12:14:23 PM
He wouldn't be crazy enough to sell all his bitcoins at once unless his original goal was really to crash the market value one day.
But I doubt that this is the case (unless it was the really NSA that created BTC lol). I wouldn't be mad at him but I would like if he can tell me before he decides to sell in waves, so I can exit before.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on July 16, 2019, 12:16:27 PM
He wouldn't be crazy enough to sell all his bitcoins at once unless his original goal was really to crash the market value one day.
But I doubt that this is the case (unless it was the really NSA that created BTC lol). I wouldn't be mad at him but I would like if he can tell me before he decides to sell in waves, so I can exit before.

LOL, Imagine that, "hey guys I am going to sell, so make sure you sell before me" hahahahha yah right.

Spoiler: They purpose crash the market so people stay using USD, showing decentralized currencies are not safe and this is why we need big brother in our anus.


"WE TOLD YOU BITCOIN WAS NOT SAFU, ONLY USE USD THAT IS NOT BACKED BY THIN AIR BUT BACKED BY $LAVERY OF YOU THE PEOPLE, AND THE U.S GOVERNMENTS CARTEL GANG"

https://image.cnbcfm.com/api/v1/image/103980717-RTSPVFU.jpg?v=1529452144&w=740&h=493


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Vishnu.Reang on July 16, 2019, 12:35:43 PM
Is it even possible to sell all those 980,000 coins in one go? I don't think that there is enough liquidity in the market. The prices will crash, and there will be a dearth of buyers in the exchanges. The vast majority of the coins will remain unsold (unless the whales decide to make use of the purchasing opportunity). BTW, what will happen to the forked coins in the wallet? I am referring to coins such as BCH, BTG and BSV. These coins are even more unlikely to be sold completely.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: The Cryptovator on July 16, 2019, 12:50:39 PM
Unfortunately it will not happen. I have doubts even Satoshi wouldn't bother to sell his coins ever especially bitcoin  ;).

I don't know why some people's worried about it. Obviously Satoshi isn't a stupid who have  created bitcoin. So how we will believe that he will dump his own creation. I am not worried about it even he sell his coin. Because I am expecting he will not sell like stupid.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: izanagi narukami on July 16, 2019, 01:00:31 PM
Bitcoin is risky investment because of it's volatile value.

I've prepare anything worst about this kind of investment so I can't do nothing if that happening,right ?
When you decide to invest on crypto, you already understand the risk


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Juggy777 on July 16, 2019, 01:05:47 PM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.

@mjglqw I’ll second that it’s his coins and he can hodl them or sell them it’s his personal decision he’s not answerable to the community. While I have no objections if Satoshi were to sell his coins I only hope he doesn’t sell it in one go, otherwise it’ll completely crash bitcoins market forever. @Timebits who’s they do you actually believe Satoshi is a group of persons, and not a single person care to share some proof?.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Indamuck on July 16, 2019, 01:09:52 PM
I think if satoshi even moved one coin from one of those early addresses the price would drop dramatically from all the panic that would happen.  I think the day will come eventually but not till bitcoin is widely adopted and a large sell off wouldn't affect the price too much.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: pawanjain on July 16, 2019, 02:25:24 PM
To be honest, most of the people are selfish. Yes, I would be mad if Satoshi sold all his coins in one go. I would not be mad on Satoshi but I would be mad at the situation.
Obviously the price would go drastically down and this would scare everybody's ass here. But then every action has an opposite reaction.
If Satoshi would sell all his coins this would mean that more coins will be active in supply of bitcoin. So we will be able to accumulate more coins in the future.  ;D ;D


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: squatter on July 16, 2019, 05:48:01 PM
As I know this amount is huge, and selling can ruin the crypto market. On the other hand, sale will be over the counter however, this will affect us psychologically.

What, you don't think Satoshi would send all his coins to Bitfinex? :)

I don't think there's enough liquidity anywhere -- OTC or otherwise -- to handle the Satoshi coins. In a decade or two, quantum computers might lead to the theft of these coins. I just hope there's enough market liquidity by then.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: joinfree on July 16, 2019, 06:43:06 PM
Why would i be mad if Satoshi decides to sell his cryptocurrencies, after all it's his own coins and he decides to do with it as he please. But i believe for the love of the technology he developed he would only sell some and hold not dump all of them in the market.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: eaLiTy on July 23, 2019, 10:06:44 PM
First of all, it is the person who will really decide whatever he wanted for his coins. So why should we complain or get mad?

But thinking that Satoshi will sell all the coins he own right now is not quite logical. And besides, no one will know if that happens. Until now we haven't identified Satoshi Nakamoto and we cannot confirm that he solt it, selling it, or  will sell it.
If Satoshi moves his coins from his initial wallet the entire community will come to know about that and that is one thing he cannot hide from the market, he might hide his identity as long as he want but if he starts moving his coins then the entire community will be after those trails and if he moves the coins to any specific exchange, that too will be public knowledge. If the creator wants to sells his coins that is his sole decision and no one can stop that but he cannot hide from those things when he starts moving the coins.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: jakelyson on July 23, 2019, 10:16:51 PM
Mad is not he right word for me. I'll be more disappointed if he sells his bitcoin all at once. I truly believe in bitcoin so the creator dumping his coins means it is a failure.

But I do not think this will ever happen. If ever his bitcoins will move, it is more likely to be spent not dump. I think satoshi is still afraid of the government so he won't make a move that will allow the government to track him down.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: bryant.coleman on July 24, 2019, 07:20:06 AM
First of all Satoshi Nakamoto won't be able to sell all of his coins in one go. That much liquidity is not present in the market right now. Nobuaki Kobayashi (Mt Gox bankruptcy trustee) tried to dump a much smaller stash in a prolonged duration lasting many months, and even that resulted in the Bitcoin exchange rates crashing by almost 80% in 2018. Kobayashi was trying to dump less than BTC200,000, while Satoshi's stash is estimated to be around BTC980,000 ($9.5 billion as per current exchange rate).

Unless some miracle happens, it will take many years for Satoshi to get rid of his stash at a fair price. The only exception would be in case some billionaire or a cabal expresses interest to purchase the entire stash in one go, at or above the market prices.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: LMBDA on July 25, 2019, 01:55:12 PM
I hope they do.  8)

Why not, go on.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: NathanJB on July 25, 2019, 03:18:09 PM
I will not get mad. It is his in the first place. Why should I prevent anyone from selling his possession, something he has rights and control over? He has the sole discretion over it. But I will be sad of course. Because that would mean that he is not thinking of the welfare of his creation. That will give a very huge, even fatal, crash to the price of Bitcoin.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: shield132 on July 25, 2019, 03:41:02 PM
Nope. It would finally put any doubts to bed but I don't believe it will ever happen. The idea of someone like Satoshi handing over his wee driving licence to sign up to Coinbase is about as likely as Donald Trump organising a photo shoot with him wearing a nappy and playfully wrestling leathermen in mountains of bubbles.
Would be interesting to see such Donald Trump, I'll die in laugh.
It will be interesting to know which "satoshi" do you mean guys? There was one person claiming he owns those 1 million bitcoins and will sell them to fall price. But at the same time maybe it will be a good idea to ask troll Mcafee who is satoshi because as he claims, he knows it but he doesn't respond to that person who claims he owns one million bitcoin.
Now let's return to reality, coin was created by satoshi, this is the crypto world which he created and the product of what we become.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Oceat on July 25, 2019, 05:38:08 PM
I hope they do.  8)

Totally Agree, a little market shakeup would be fun.   :)
And we should expect a straight crash of the market if that will be going to happen.
That would be fun to look at the price plummet quickly than we ever expected. :)
Anyway, it is his coins and we can't do anything if he wants to sell everything.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Slow death on July 25, 2019, 06:48:25 PM
I hope they do.  8)

Totally Agree, a little market shakeup would be fun.   :)

it would definitely not be fun, it would be a reckless and irresponsible attitude, even if the bitcoins belong to him and he has the right to do whatever he wants with his coins, he would still have to have the good sense not to disturb the market. he must sell without disturbing the market. that would be right attitude!

The minute those coins start moving he has tons and I mean TONS of governments looking into every single transaction and trying to find out who he is.

all the secret agencies will be spying on him if that day comes


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Darker45 on August 03, 2019, 01:29:44 PM
Never. I'll never be mad if satoshi were to sell his possession to another. Why would I be mad? After all, its his in the first place so there's nothing to worry about. I always say life is about choices. You decide what you want to do with your possession and property.

While I agree with you that every individual has the choice to do with his or her possession and property, it would also be better for him or her to be sensitive enough if he or she knows that his or her individual decision is going to affect big time a large global community, a vision, and a hope that is already slowly achieved. It is always best to be sensitive of one's free action or decision especially if he or she knows that it could make a great success turn into dust at an instant.

And I think Satoshi is all too aware of this. He would never commit such mistake. Some of us might be happy because they think that such a drastic action would pull Bitcoin's value down and they could buy a lot of it at a cheaper price. But we can never be sure if Bitcoin will still be able to rise again given that the founder himself has already seemed to abandon ship.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Naida_BR on August 03, 2019, 04:20:16 PM
I hope they do.  8)

I wouldn't be. The price would have face a considerable decrease in short term, but in long term that means that there would be more circulating supply and apart from that, the amounts between the holders would be more decentralized and not centralized to one person.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Vishnu.Reang on August 03, 2019, 04:34:06 PM
Never. I'll never be mad if satoshi were to sell his possession to another. Why would I be mad? After all, its his in the first place so there's nothing to worry about. I always say life is about choices. You decide what you want to do with your possession and property.

Can't agree anymore with you on this. Those $10 billion worth of coins are his, and he can do whatever he want with those coins. We should not complain about it too much. If not for his invention (Bitcoin), we would have never got an opportunity to earn all the wealth during the past few years. Many of the users here got rich by investing in Bitcoins and many others got considerable amount of money by participating in the bounty campaigns and airdrops. Now we can't be ungrateful to Satoshi.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: pixie85 on August 03, 2019, 11:58:43 PM
I would be a little scared if the founder of Bitcoin sold everything at once without living himself anything. To me that would be a sign that somebody hacked his address somehow and it is not the real Satoshi selling.

If you were Satoshi and had access to all his coins would you sell everything at once and crash the price when you could get more profit by selling slow?


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: meanwords on August 04, 2019, 12:54:35 AM
While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market.

I hope they do.  8)
Convince him then. Best of luck.

Exactly. It will affect the price of Bitcoin for short term but it will recover. I think we should just do whatever Satoshi Nakamoto want as long as he has the rights. Look at the owner of Litecoin, he dumped all of his coin and still Litecoin is still at a good price. But I doubt it will happen.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: TimeBits on August 04, 2019, 01:11:22 AM
I would be a little scared if the founder of Bitcoin sold everything at once without living himself anything. To me that would be a sign that somebody hacked his address somehow and it is not the real Satoshi selling.

If you were Satoshi and had access to all his coins would you sell everything at once and crash the price when you could get more profit by selling slow?

I would crash the market and fuck all of you in the ass. Then laugh at all you morons who could not understand the first sentence of the white paper.

In fact, satoshi could crash the entire market 4 or 5 times to 0 at the current volume.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Searing on August 04, 2019, 01:22:23 AM
Well Craig Wright says he is gonna dump 1.1 million BTC on about Jan 1st, 2020 when he gets access to the 'tulip trust' of (likely) hal finney and dave klieman (see court case)

https://www.ccn.com/opinion/bitcoin-ponzi-scheme-craig-wright/2019/08/02/ (https://www.ccn.com/opinion/bitcoin-ponzi-scheme-craig-wright/2019/08/02/)

so 1.1 million x current $11,000 = 12,100,000,000 usd. (12.1 Billion Dollars) of which he claims he will pay taxes on.

So would ANY exchange survive a 12.1 Billion dollar dump all in the same day? Indeed would not the price go down to under $1,000 or more?

As impossible as it is that BTC has gone as far as it has in 10 years, IMHO, if it did 'blow up' and go beanie baby and tulips, this probably would be the kinda thing on how it would go

Bitcoin: Always Drama, it is how we roll! (tm: BTC)



Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: BlackFor3st on August 04, 2019, 03:20:43 AM
We have freedom on what we would like to do with our investments or money, so if satoshi will decide to sell all his/her coins right now then it's up to him/her.

I wouldn't mind at all, but if in case it can change the movement of the price like the price will drop to it's lowest because of this reason then there is a big chance that many will blame satoshi of his/her actions.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: shoreno on August 04, 2019, 05:00:15 AM
We have freedom on what we would like to do with our investments or money, so if satoshi will decide to sell all his/her coins right now then it's up to him/her.

I wouldn't mind at all, but if in case it can change the movement of the price like the price will drop to it's lowest because of this reason then there is a big chance that many will blame satoshi of his/her actions.
In some way maybe someone will blame him but to those who able to recognized what he did and what he deserved, why bothered to hate him instead of thanking him and allow him to enjoy the benefits of all those works he did for this industry, people mostly forget the recognitions of those important people when it's already dealing with money, but if thinking clearly he's also just another believers that deserves to enjoy the profits of holding.

Yes .  im with you  . i will exclude satoshi on my hate list because he is the creator of bitcoins but others arent exempted because they are obvious that they are only manipulating the price once they sell or buy in a huge manner   . and i think saotshi will not sell all his coins because he already have some cash physically but instead he will only use some btc for testing purposes  .


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: Searing on August 04, 2019, 05:03:35 AM
Well Craig Wright says he is gonna dump 1.1 million BTC on about Jan 1st, 2020 when he gets access to the 'tulip trust' of (likely) hal finney and dave klieman (see court case)

LOL... do you really believe any of this? We have been asking Craig Wright to prove that he is Satoshi for more than a year now. This guy has refused to do that, and on top of that he slapped lawsuits over those who rubbished his claim. If I am not wrong, even the court asked him to prove the ownership of his coins. He is just doing delaying tactics now. If he has the private keys for those coins, then he should move them right now, and not in 2020.

Naw, I don't really believe it. But if there was a way for Bitcoin to go beanie baby with a bang, it would be something 'unexpected' like this at an 'epic' level.

Of course, also, consider the 'premise' of this thread. My post follows that logic to an ugly extreme I admit. :( Not like I promote this on anything but this what if thread. :)

Bitcoin: Always Drama! (tm Bitcoin)



Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: pieppiep on August 04, 2019, 11:47:21 AM
I won't be mad to him, but maybe I will be sad because I am not already making much bitcoin to follows him to sell bitcoin. It's up to him to sell all of his bitcoin because we don't know who is he, and where he lives. We could only shock to see the big amount of bitcoin has been sold in the market, and the other amount is waiting to get filled. But I don't think that he will sell all of his bitcoin in one-time selling because that will attract many exchanges to suspicious. And maybe all exchanges will try to investigate all of their member's accounts especially for the account who has huge bitcoin inside the wallet.


Title: Re: Would you be mad if satoshi sold all coins they own right now?
Post by: custard_pudding on August 04, 2019, 05:36:40 PM
if they sold all their holdings in short time, then the true believers could buy at low, low prices.
The non believers would panic and sell, and in 2 years would moan how they didn't buy at low, low prices