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Title: What'd happen if Satoshi dropped all his BTC into the market? Post by: joseph stalin on March 21, 2014, 11:37:37 PM I know the market would get all sorts of fucky, but I'm asking about what specific kinds of fuckyness would happen?
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: Dalmar on March 21, 2014, 11:44:12 PM You can wipe out bitstamp's entire order book with a mere 32K BTC. One can imagine what 1 million BTC would do.
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: knightcoin on March 21, 2014, 11:50:15 PM Nakamoto does not need to dump... he only need to show he is in control of the private key .. ( for people he trust obviously ) it all can be done off line ...
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: podyx on March 21, 2014, 11:51:17 PM You can wipe out bitstamp's entire order book with a mere 32K BTC. One can imagine what 1 million BTC would do. well what would happen is a boat load of people would pick up cheap ass coins for $0.01 and then we go back to the moon Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: Anon136 on March 21, 2014, 11:51:54 PM Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: podyx on March 21, 2014, 11:54:25 PM lol dafuq? 8)
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: Ultros on March 21, 2014, 11:55:59 PM This. 8) Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: adamstgBit on March 21, 2014, 11:56:55 PM best buying opportunity ever
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: TERA on March 21, 2014, 11:57:50 PM Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: Bit_Happy on March 22, 2014, 12:31:09 AM best buying opportunity ever It would be a wild ride, but when prices are below $50/BTC (for example), there will be no shortage of buyers for (almost) any amount of supply. Bring it on, Satoshi... :D Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: seleme on March 22, 2014, 12:38:37 AM We'd buy them all ;D
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: giantdragon on March 22, 2014, 01:09:08 AM I think Bitstamp and BTC-E owners will simply ban to sell such large amount (Bitcoin price collapse will destroy their businesses).
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: knightcoin on March 22, 2014, 01:10:07 AM We'd buy them all ;D Yep, but sell here on bitcointalk pls ... for the community ;D Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: Bitcoin BEAR on March 22, 2014, 01:14:32 AM It would remove a huge amount of USD liquidity. Add to that the panickers, and lack of available fiat and you would be forced into a new price range. It would take time to get "back to normal". It would not be "to da moon" immediately after either
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: CoinRocka on March 22, 2014, 02:27:49 AM I read somewhere that if you send Satoshi a satoshi then he will give you a bitcoin in 10 years time.
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: maurya78 on March 22, 2014, 03:14:34 AM I would be a slightly better buyer for choice. :)
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: BitOnyx on March 24, 2014, 10:55:06 AM There is as many buyers as sellers. So I guess some people instead of sitting on this forum are buying right now.
Title: Re: What'd happen if Satoshi dropped all his BTC into the market? Post by: blatchcorn on March 24, 2014, 12:28:15 PM Plot twist: What if Satoshi lost all his BTC?
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