Bitcoin Forum

uys what do you think, what will happen?  if someday satoshi nakamoto reveal himself as a person with billion dollars bitcoins.  What will be the impact of this on bitcoin and other crypto currency market?  

I think, l don't know about cryptocurrency give result. If any other tokens & others shows himself ,they are working with the bitcoin cryptocurrency.

Why do you think it would affect the market? it's decentralized market only if Satoshi Reveal himself and ask them to "Sell at this point", " buy at this point".
And only if people will follow it which will probably not. Why does people keep tracking who Satoshi Nakamoto is, I think he is gone for good.
We all are interested who is Satoshi Nakamoto most of us probably want just try to thank him for this gift to us but as you may know he already know that by just looking at the price of Bitcoin.

I guess it depends on what he will do. And even if we would know that, it would be impossible to predict.

Beginners are always fascinated with Satoshi and so was I. He is a hero for some and a conspiracy for others. It is intriguing but it has been so many years and as I understand it before he left he executed a full wipe of any evidence leading to him, as well as probably destroying all access to the Bitcoin he had mined. Satoshi wants privacy and he didn't ask for anything else until this point, this is if he is still alive. So there is no reason to trying to dig for more evidence. He didn't do anything wrong for anyone to be looking.

If satoshi nakamoto will reveal himself right now, the question is why now? If only the market involved, though decentralized in its nature - it would certainly affect because the market is speculative to the extent of its price volatility. As to why satoshi would brag his billions - perhaps to simulate the market price action.

Satoshi Nakamoto could be in its risky situation if he himself reveal his identity during this time of bitcoin rising.

The Youtube video from @aantonop Bitcoin Q&A: Why Satoshi's Identity Doesn't Matter (https://www.youtube.com/watch?v=D2lZxl53TLY&list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj&index=2). Bitcoin is decentralized and the anonymity of bitcoin creator (is known as Satoshi Nakamoto) is the contributor to its success. There are many theories that bitcoin was created by a person, a company or a government.

At the end, there is no single entity can control bitcoin and manipulate from code to price.

We have so many threads before, you can just back read some of them and I'm sure that you can find the answers.

• If Satoshi reveals himself, what would be of Bitcoin? (https://bitcointalk.org/index.php?topic=1625467.0)
• Do you think Satoshi Nakamoto will reveal himself one day ? (https://bitcointalk.org/index.php?topic=2798058.0)
• If Satoshi reveals himself, what would be of Bitcoin? (https://bitcointalk.org/index.php?topic=1625467.0)
• After Satoshi Reveals Himself ! Will Bitcoin Price Jump to $30,000 Dollars ?  (https://bitcointalk.org/index.php?topic=2220581.0)
• Will Bitcoin fail if Satoshi is found? (https://bitcointalk.org/index.php?topic=5214660.0)
• What if? Satoshi Nakamoto's identity was public information (https://bitcointalk.org/index.php?topic=5079489.0)

Hey,
These are great pieces of information. Just bookmarked to real it later. Thanks for the share btw!

It’s not a function of Satoshi revealing himself it’s no body’s business because from the start he never revealed himself so Bitcoin will not be affected by that or interrupts the rise of bitcoin. Over the years we have heard of individual who claims to be Satoshi but fails to prove themselves as many still believes Bitcoin was created by a company not individual.

Paradventure someone appears from nowhere with millions of bitcoin claiming to be Satoshi, then fine and good but bitcoin remains decentralized and anonymous so the market price won’t be affected by that. But why are we so concerned about bitcoin founder? When we should be concerned about the price and acceptance of bitcoin worldwide as bitcoin enthusiasts.

Nothing will happen, is there something you're expecting to happen? Maybe a price surge or similar? Revealing his identity may not even draw much attention. Most bitcoiners don't care what Satoshi looks like (as far as bitcoin works fine for them).

In the first place, I don't think that will happen. If Satoshi wants to reveal himself, he should have done that a long time ago. But he remains to be anonymous up until now. A lot of speculations about his identity, conspiracy theories and the likes, and yet, no one has a clue about his real identity. And I don't think it is important to uncover that now. Just be grateful about this invention of his as many people are benefitting from this creation.

This has been discussed here at length and many many times, but as I've stated before, I don't think we ever will find out who Satoshi is and I sure hope we do not. I am convinced that Satoshi had planned to leave bitcoin from the very beginning. He knew the importance of no central figure head ( especially the one who controlled a lot of bitcoin ).

I think if Satoshi were to pop up out of no where, backing bitcoin, many other project would immediately "fail".  For example, what would be the point of bitcoin cash and bitcoin sv ( not there's much of a point to them right now anyhow ).

If the question is "why now?", and If I were Satoshi Nakamoto I'd simply say because Paypal already has my creation and is safe to sell mine  ;D


That's the very point why is he not revealing himself at all, for security reasons and probably personal decision. If he is not dead yet up til now, there is still a chance that he will reveal himself to us, but that would not matter that much and actually there is two possible situation that we could be in, it is either bitcoin will fall after that or it'll rise continuously.

If someone will be able to prove that he is the real Satoshi Nakamoto through concrete evidence then probably we can simply thank him.

With or without Satoshi everything will be the same the market will not change and bitcoin will remain volatile unless he is equipped in shutting down all the programs that are connected to bitcoin, by then we should be afraid but there is no reason for him to do it for no inventor will destroy his invention if proven useful for everyone.

And I don't understand the reason behind, that many individuals are claiming to be the real Satoshi, maybe they earn from doing so or for fame just maybe.

I think satoshi nakamoto is is a founder of bitcoin but so many people say the satoshi nakamoto is a not a person he is a group of companys.

Look around you today, how many decentralized projects stays decentralized? See I like the idea that satoshi nakamoto stays hidden because bitcoin is the first decentralized project, if satoshi nakamoto never went hidden things would have been more difficult, those days when there was bans on bitcoin there may have been hunt for satoshi nakamoto, I'm guessing it was all Nakamoto's plan to stay hidden for the decentralized on bitcoin to actually works

It will have an impact positively if he is going to promote Bitcoin but it will have a negative impact if he decides to sell his share, we are better off without Satoshi Nakamoto, we have reached a lot of milestones, without him only his writings and inspirations.
I doubt if he will show himself to us, authorities and the IRS might go after him, it's better that he will not come out.

I don't think satoshi will ever reveal himself
He's currently I'm a run and has no trace,him revealing himself might cause a big crash in the system.

he doesnt want to be found or known. The only chance was back when the original cipher punks had contact with him. I think its hal finney! It wont happen now this laste in the game anyway!

This will not happen for at least two reasons.
Satoshi has already shown in the past that he will do nothing to harm something he created and initiated.
Satoshi has also made it clear in these 10 years that he values his privacy and doesn't want to be a public figure.

I think the revelation will long last over a week because there are a lot of people question about the possible happen near in the future with the use of bitcoin still after this kind of hype it will go nothing. It becomes a huge responsibility because you will show yourself in public and now you are part of the whales/big contributors for sure will try to make a negotiate with the bitcoin creator.

At the end of the day, we have the statement of "bitcoin is a decentralized coin" that's all.