Bitcoin Forum

Satoshi mined over a million Bitcoin

yet never touched a single one

No fame, no fortune, no face

Just pure code and a vision for the world

He walked away, left no footprints

No ego, just revolution

The greatest act of digital humility

A legend built then vanished for us.

He left it in a wallet and those 1+ million BTC have remained untouched. But there is no 100% guarantee it will remain that way.  Although most people seem to believe that Satoshi cannot or will not move those BTC. But even if he does, the market crash would only be temporary and we would see it coming because there is no way to sell that much at once. There is not enough liquidity.

And the bottom is going to be so worth buying... If anything, he would do us a favor by selling and crashing the price.

Whatever any action causes to the Bitcoin market, there will always be two types of reactions in people: those who have money and are looking for opportunities to buy more Bitcoin at a cheaper rate will enjoy the price drop that selling all Satoshi holdings can cause, and those who want to take profit will always complain of any type of negative price reaction in the market, but there is nothing wrong in having an opportunity to take advantage of cheap buying.

If the creator himself hasn’t touched his Bitcoins, that should give us full confidence to HODL ours too as he’s the ultimate example of what HODLing really means.

Of course, there’s the possibility that he can’t access his wallets (though that’s unlikely). Personally, I like to believe Satoshi is just waiting for the right moment to move his Bitcoin, and when that happens, he could instantly become the richest man in the world.

That is why bitcoin is the only crypto that isn't a Ponzi or pump and dump scam like all the others.
A Ponzi scheme is made to enrich the one who started it. That is not the case with bitcoin.

Bitcoin is the anti-Ponzi or Ponzi in reverse.

I am pretty sure that Satoshi could have several different addresses that were not connected to his pseudonym. There weren't that many people mining from the start, so they would benefit from it without touching those.
Also Satoshi's identity would have been in jeopardy cashing out.

Don't get me wrong, i adore the fact that those coins aren't been touched, but if there's even a hint that someone has an option move them, whole market could crash beyond anything we have seen.

Because he might realize that Bitcoin no longer needed him.
Bitcoin can stand independently, growing based on demand and supply.
So what's the point of staying?  He left an open-source code that anyone can verify.

The purpose of Bitcoin has truly been fulfilled, to serve as an alternative to fiat, giving you full control over your assets.
There's no need for intermediaries like banks, you are responsible for your own assets.

Regardless of who creates a coin if the purpose is to scam, it will eventually show. But Bitcoin isn’t like that. If Satoshi had intended to dump his share, he would’ve done it a long time ago, and that could’ve crashed the entire market.

But he didn’t and that says a lot. Even if he considers selling in the future, it likely won’t cause a collapse anymore because the foundation of Bitcoin is already strong. Plus, institutional investors are now part of the game and they provide solid support to the market.

Thats exactly it!

Such a class act, a genius.

Its clear that the goal was to bring the project to life, get people interested and
talking through the forum and not about making money, hence the Satoshi wallets.

There are a number of feats attributed to Satoshi as per the OP, each one almost
better than the other, the create Bitcoin, to disappear without a trace and to leave
a gift to us all in the form of unspent Bitcoin making it scarcer than it already was.

I highly doubt that Satoshi didn’t have other wallets and other computers mining. It’s very hard to believe that someone who did what he did didn’t benefit at least a little from it... He disappeared using his pseudonym, but there’s no guarantee he didn’t continue his life involved with Bitcoin, holding, and so on. Anything is possible, but we’ll never know for sure.

My guest Satoshi is holding it until all blocks are mined. Since Satoshi's vision for the future is for BTC to grow until all blocks are mined, could this be the time for Satoshi to gradually sell his holdings?

I believe in Satoshi's vision since that is what he promised. So maybe after achieving all vision he said on the whitepaper then maybe that is the right time to sell some of his holdings.

While those untouched wallets add mystery to Bitcoin history and many believe Satoshi can not move them it is true that there is no guarantee. However even if ge did sudden huge market crash is unlikely. Any big move would likely be slow giving market time to react. In fact some believe temporary crash from Satoshi selling could be good thing offering chance for new buyers to get in at lower prices and setting stage for stronger more decentralized Bitcoin future. It is truly amazing how actions of Bitcoin unknown creator continue to be such big topic of discussion.

What if Satoshi just loses all access to all wallets he/she have and that's why?
Even some people are worried because anytime these wallets can be still active, else these are totally forever lost and a big help to reduce the active supply of Bitcoin.

This is why he's an absolute chad and you can hardly find a creator that's like this and a more reason to hold BTC.

Him never touching the bitcoin is a proof that he's unfazed even with billions of money and stick to his vision.

Great question, and for sure we have our speculations on why he hadn't touch his Bitcoin. Maybe he lost it, or maybe he still has the Private Key but chooses not to swipe and sell. And most likely this is the enigma that he left, we don't know who Satoshi is and even if he had a lot of Bitcoin amounting to billions, Satoshi is not not even attracted to that kind of wealth.

And it's good thing as a lost Bitcoin will make it scarce and we all know that the demand is going up every four years. Most likely though that there is someone who claim to be the man because of that Bitcoin but we all know that he is fake.

Your general message is correct, however there are a couple of mistakes in the details.

Nobody knows how many bitcoins Satoshi has actually mined. 1 million is just an estimate that someone came up with a long time ago. It may or may not be accurate.

Satoshi send the first ever bitcoin transaction to Hal Finney meaning he did actually "touch" those coins.
Additionally similar to what I said above, since we don't know which coins are mined by Satoshi, we can't know how much of them he/they has/have spent.

That part is true.
One good thing about Satoshi not being around is the development process. Now nobody can look up to Satoshi saying "he said this code should be merged or the code should work like this". Instead the development happens more decentrally compared to if he were around.

It is a pure estimation that is based on some assumptions like early Bitcoin addresses belong to Satoshi Nakamoto, and Satoshi Nakamoto no longer did Bitcoin mining after his disappearance from the Bitcoin communities include Bitcoin forum.

How many Bitcoin does its inventor Satoshi Nakamoto still own? (https://decrypt.co/34810/how-many-bitcoin-does-its-inventor-satoshi-nakamoto-still-own)
$100 Billion in Satoshi Nakamoto's Holdings Now on Arkham (https://info.arkm.com/ja/announcements/update-100-billion-in-satoshi-nakamotos-holdings-now-on-arkham)
Was Satoshi Nakamoto a greedy miner? (https://blog.lopp.net/was-satoshi-a-greedy-miner/)

Satoshi Nakamoto identity is unknown, those big assumptions can not be identified accurately so the estimation lack of accuracy.

These are assumptions but has a strong evidence to support it. i.e. we are almost sure but not with 100% accuracy. There is a pattern of mining from satoshi coined as Patoshi pattern and the said coins mined do follow the same pattern. As the initial miners were limited, we are almost sure the Patoshi  miner was Satoshi.
Why Satoshi Nakamoto never revealed himself would always be a mystery but he might have his reasons. One of the reason of bitcoin's popularity is we know that the initial (pre) mine is not spent to most degree.

yep
atleast someone in this topic done their research on the subject  +50

the patoshi pattern gave good insights to satoshi's bitcoin activity

because satoshi did spend some coins(to hal) and there is published communication of doing so, analysis can link the block reward that was spent to hal, thus from satoshi mined coin is then linked to the patoshi pattern.. thus evidence the pattern of a certain miner was satoshi

There are so many curious questions that come to mind whenever I read about Satoshi
1. I have read that his coins has never moved from its original address. Why? Does this mean he didn't make any money off of it?
2. He focused on creating bitcoin and disappeared. Assuming now he thinks up something better than bitcoin how is going to come and tell the world about it just like he did with bitcoin? Is he going to use another pseudonym?
3. And aside the security risks involved, does he staying anonymous not prevents him from making any suggestions for improvements?

some coins were moved (he sent some to hal as a test)

bitcoin had no value/market back then, so no need to move coins to 'spend'.. it was more about bug testing and game-theory of economics

probably already is using a different username and doing other projects, or probably retired. whom knows

bitcoin core devs are the new bitcoin government. deciding on rules, policy and code of conduct of bitcoin. and they have a leadership hierarchy
not many outsiders get to make real meaningful rule/policy suggestions outside the hierarchy, unless they 'kiss the ring' of the hierarchy, so yes you need to be a somebody to get recognition to make real meaningful changes (most contributors/outsiders are just spellcheckers)

they will vet him should he return,
the most plausible proof is a real new unique signature from know bitcoin address such as the address used to send funds to hal

We all know that bitcoin's total supply is limited by its software and will never exceed 21 million coins but why did Satoshi do that? He mined 1 million coins and left them untouched but was his purpose to make Bitcoin supply limited to 20 million? He set limit 21 because he wanted to mine one million for test? Does anyone know what was his true intention to mine one million Bitcoin? It's clear that the guy didn't touch them despite the fact that each of them now costs above 100k dollar. Btw this suggests me that he was not motivated by personal gain and I deeply appreciate this act. We had a similar person in our country, who held local treasure that was worth millions but he didn't use a single moment to sell them to have a good life, he held the treasure and spent his whole life in poverty to provide this treasure to our people in museums. To me, Satoshi is like him.

As it was said - we may never know of all the wallets and all of the operations Satoshi - may - of done, and it doesn't really matter, as long as we don't know who he is and the details, it's all is going to be okay in the long run.

He left a legacy for people to continue what he was done. He may come back someday but we don't have to expect the time. Maybe he will come back when the price hit $1 million and sell some Bitcoin and give that to the human foundation or enjoy the money by him/her/them selves.

We don't know who and where he now and what he do. He just left the coin in separate wallets and not touched it. Maybe he teach us to hodl Bitcoin for a long term by not touch it until he come back to Bitcoin.

I do think it's done mainly as a test of time and effort put into BTC itself.

It's not about cashing out - it's about leaving a message and an alternative for everybody to use.

Satoshi used cryptography from 2009. Which means, that in the future, proofs using old methods could be obsolete. E-mail addresses were already compromised, as well as some social media accounts, owned by Satoshi, like his profile on P2P foundation. And his PGP key has only 1024 bits, so it can be broken in the future as well.

Which means, that if Satoshi won't come back soon, then he can lose all ways of doing so, if all cryptography from 2009 would be obsolete for example in 2029. Here and now, some ways of coming back are already disabled (for example he is banned from this forum). And more kinds of proofs will be probably rejected in the future, because it is more likely, that someone will break some keys, than the real Satoshi will want to ever come back, under his old identity.

And in general, I think it is a good thing, because if he would come back under some new identity, then he could build it from scratch. But if he will try to use the old one, then he will always be misplaced by someone in the same bag, as faketoshis are, because there were too many of them, and people are too skeptical to accept a proof, and to not think, that it is yet another fake, because someone found a new bug in making signatures or something.

I would say that is what he desired to begin with, leave himself no way to comeback, and maybe he already doesn't have any way to comeback, deleted it all, and has no idea how to comeback even if he wanted to. It's like Thanos basically, in the end game, we have seen Thanos destroy the rings by using the rings.

Because he realized, after he used them, it would only serve temptation, and no need for them to stay, and made them gone. Same for satoshi, he probably knew, if he had any idea how to come back, he would, or at least there was a risk of it, so he probably got rid of any way he could come back, to prevent himself change his idea and now he can't comeback even if he wants to.  That's a smart move, and has worked so far.

Who knows, if Satoshi was present, maybe Bitcoin would not have been as successful as it has become today, attacks could go directly to him and maybe there must have been a demand that he releases the 1 million Bitcoin he mine. There's really a good reason Satoshi did not make himself known, if he was going to sell the Bitcoin he hold maybe it's not time yet or many he also have more than the amount that is assumed to be just 1 million and if he is already spending some Bitcoin currently, no body would even know about it.

Someone mentioned that Satoshi will not derive pleasure to dump the market and I think so too, there's no way he is going to want to sell off all the Bitcoin at once, which exchange has such liquidity? Such might never even happen.

The top 12 ETFs and some institutional investors and whales, owns more than a million bitcoin so if Satoshi Nakamoto wakes up and decide to sell all his/their bitcoins, the market still has a strong support which can hold the market for some time but it will sure cause a heavy panic and serious liquidity because since it will be on news that Satoshi Nakamoto sold his bitcoins, it will cause very big fear and anxiety so i don't believe that such a thing can happen. Let us just accept that he/they have used those bitcoins as sacrifice to develop bitcoin.

If Satoshi sells his bitcoins, believe me there wouldn't be any inflow again as the market will suffer crash to the minimum, no body will see it as an advantage to buy the DIP anymore, it will just be a red flag and almost everyone is gonna avoid bitcoin like a plague.

If Satoshi decides to sell his bitcoin, do you still see that the market will not crash forever and not rise again? That bitcoin he left in his wallet means a lot to this project to continue growing. That which he did with those coins are as a result of him trusting the process himself. Holding on to this large number of coins when the price was nothing and today it’s worth many hundreds of thousands and still not feel the need to move them, then he is a true believer of his project and is not here to deceive anyone. Time already tell, only action will determine if you’re really going to believe in this project or not. I’m not anticipating for him to move those coins anytime soon, for the time being, let’s enjoy amongst the benefits of not selling as a true bitcoiner.

In the case Satoshi returned and wanted to contribute to Core, as long as he proved his identity with an old signature as @franky1 wrote, he would get accepted probably, as Core would not risk to lose power to a "Satoshi implementation".

But if he stays anonymous, without proving his identity, then nobody cares if he's Satoshi or not. There are two possibilities:

1) His visions are mostly aligned with the other Bitcoin developers, and he provides useful code, pull requests etc, then he will be probably accepted in the Core team and could rise to power even being anonymous.

2) His visions aren't aligned but actually very distinct, e.g. if he proposes to add a tail emission to Bitcoin, or big blocks. Then see what happened with a certain Dr. Wright. Wright claimed to be Satoshi, but couldn't prove it and it's very likely he isn't Satoshi (even a court decision has decided so). He never got accepted by the Core team, and his Bitcoin fork BSV went into a completely different direction.

So all an anonymous Satoshi who aims to change core protocol issues, could do would be to start a new implementation and try to seduce miners to use it. He may be smart enough to be successful (after all, he invented Bitcoin!), but even so it would be quite difficult. He would need more devs to support him, probably from outside the Core group, to be able to deliver a convincing software with few bugs.

It would be interesting what happened if Satoshi returned and confirmed his identity successfull, and then for example proposed big blocks or a tail emission, i.e. things largely disapproved by the Core devs. ;)

I think we would end up in another Bitcoin SV situation that would lead nowhere. There is extreme risk of switching to somebody's fork or radical changes, even if they came from satoshi himself.

Likely is not the correct wording here. It is proven that he is not satoshi, his behavior and language use completely contradict anything that you can read from satoshi.

Perhaps an unpopular opinion, but satoshi should have come up with an idea to re-introduce that million coins back into the system with some sort of tail emission, this would get rid of the "satoshi risk" and would put an end to this speculation of "what if satoshi ever comes back and moves coins/sells/gets their coins stolen/etc". When quantum computers make a big breakthrough, the first risk will be satoshi's coins, so that will be a risk that could have been solved, but they disappeared and never addressed this again. At some point satoshi's coins may be a risk due the old format, they are earlier than the regular legacy addresses. There will be an agreement around what to do with this I guess. At the same time I also like that the coins have been there without moving for years, it is proof that BTC works as a store of value.

This is not a real risk, but an imaginary risk. If someone wants to put computing power to try to mine satoshi's Bitcoin, why would you want to stop them? It can be considered a hybrid form of merge mining.  :)  It is wrong to say that satoshi should have come up with an idea of such sort, because you demand of him to predict events so far into the future. Also, what is special about satoshi's Bitcoin? Nothing. If quantum computers are able to "mine" dead coins, then there are thousands if not millions of other coins that will also become a target. The only difference here is that we know for sure that satoshi is gone, and we can't say the same for many addresses but the fact remains that the situation is the same.

If my friend dies with his keys, then his coins are also under the same "risk" as satoshi's. It isn't anything special. Not to mention that it is unlikely as of today that his addresses will get compromised. People read fearful media titles and then go on reddit and forums to discuss things they have no idea about. It is one thing to compromise a hash function, and it is entirely another to compromise public-key cryptography. One has nothing to do with the other.

I remember reading about this. But just after this time, no other time has the coins moved again.

True, makes sense.

Highly probable but then no one knows.

I have heard of the Bitcoin core devs too but not in this sense as you have explained. Thank you
If this happens, that would be the news of the century. It will truly affect the price of Bitcoin. And I don't know if that would be positive or negative. And also maybe the economies of some Bitcoin friendly countries.

This is not entirely true. Satoshi's coins were mined with the P2PK transaction format which exposes the public key in the transaction. To crack elliptic curve cryptography, quantum computers need the public key to use Shor's algorithm to find the private key.

For your friend's coins to be at the same risk, he either must have used P2PK too (very unlikely, current wallets don't even support that normally) or having spent coins from all of his addresses, exposing the public key in this process (which would be quite negligent).

So yes, there is some "risk" in these big chunks of coins with public keys exposed. Of course they're not the only vulnerable coins. But the other factor is that attackers can consider it unlikely for them to be moved, because they weren't moved for so long time. So they have also less risk to waste money into (quantum) computer power to "mine" his coins.

I however don't think Satoshi owes the current Bitcoiners anything. We have to cope with that risk. And a million coins are only the coins typically sold on exchanges on 2-5 days. It's likely that the attackers wouldn't find all coins at once as they are on >2000 different addresses, so the market would first only have to "digest" 50 coins per day or so.

A thing to note is that we won't be able to detect a quantum computer attack with certainty, because it could also be the real satoshi moving his coins.

(Ah, and I mostly agree with your other post when you answered me.)

I'm sure he would never crash the market. Donations to MIT and Caltech. A library dedicated to it's developers. Go after malicious bots. Lobby to make that a crime. Too many repeat offenders that only get more greedy. Software for chatgpt detection or built in that doesn't allow copy paste or if allowed auto reported when pasted.ex this reference is using 100% chatgpt.  Start recruiting our youth like large corps and pro sports. This helps introduce our predecessors core values and.Bitcoin.Litecoin.Ethereum commercial POS r&d fund.
Lastly 2 pizzas 1 japs and pineapple extra cheese. 1 pepperoni.
Does that destroy Bitcoin?
If yes well just leave it alone. It be fun to watch quantum crack it and see what it does next. That's not funny but that's what makes it funny. Abe

The first time when i heard about bitcoin then i was so curious about the creator it .  then i knew the name is satoshi nakamoto . then i started searching and learning  more about him. i read articles watched vedios and trying to understand who he  was. some people say satoshi was not just one person. may be it was a group of people who made bitcoin together. bitcoin works in decentralized way that means no  one has control over bitcoin. but the big mystery is who created this . from the begging time satoshi give to the world some response some massage but after few years  like after 2011  he was just disappeared. and till now no one knows who is satoshi nakamoto.   

if the founder of bitcoin is known person or active today . the governments must try to contron him or pressure him to centralized the coin. satoshi mined 1m bitcoin and never used it and that make trust to general people of bitcoin.   

he created something huge and then he disappeared without taking credit or profit. Satoshi Nakamoto is not just a name  he is a symbol of trust, freedom, and a new way of thinking.
For me he is a legend.

in around 2140?
The probability of anybody alive as of the time of writing still being alive then is almost zero.
Even a Ten years old now wouldn't see the last block mined
So that's not a valid reason why they are unspent.




Anything we say are just speculations until proven true.

That's what I think. Unless we believe the hypothesis that he died, and soon, it's normal that someone who created bitcoin would have other bitcoins that were not related to him as the creator. Regarding those bitcoins that are linked to him, I believe that they will never be moved again. Either he died without leaving access to anyone, or he destroyed the keys as a donation to the community.

Yeah nice story-- except the truth is the opposite:  The coins Satoshi sent to Hal (and others) are from blocks which are not part of the patoshi pattern.

Say something like this and I would ask, just how do you know it came to this conclusion?

Of course there are some wallets that have remained cold over the years which we have associated or traced back to Satoshi Nakamoto but, can we conclusively say that, those are the only wallet the founder used?

For someone that has mastered the art of being anonymous and staying anonymous, I think his wallets too would be where he expresses this craft even the more perfectly else, Satoshi Nakamoto would have failed in this aspect.

I can’t say for sure that he never indeed transact in Bitcoin or took some rewards off it but, something tells me, the founder has got means to use and event from this innovation.

You are asking how he came to this conclusion and in the same post you are making a baseless speculation. That's a bit ironic.

At least in the case of OP there is good on chain evidence that confirms that most of Bitcoins that were mined early remain untouched from the satoshi era. If he did mine some later or kept some on the side that does not diminish this point at all, it just further reinforces it. Unlike every single altcoin scam founder like Vitalik, satoshi did not abuse his position of being early and has instead did things as correctly as possible. Whether he kept a few hundred or thousand coins out of a speculated million is completely irrelevant.

The fact that you could see or accept the scenario of this possibility as I’ve bold ink in quote, puts you in acceptance with the point I was trying to make and that’s the irony I see here since, it’s actually baseline as you’ve said.

Mind you, we all are enjoying the decision of the founder in establishing the ideas that backs up having to hodl today and time bound valuation. No one is saying Satoshi Nakamoto abused the position of being the founder, hell no. What is being said here is, you don’t get to conclude on Satoshi Nakamoto to have never used Bitcoin even as its founder.

Saying Satoshi created Bitcoin and choose not to benefit from it? You can't just arrive at this conclusion when we all don’t even know what must have happened or is even going on behind the scene. The bitcoins we see in his wallet address still belongs to him, even though yet untouched.
 
This is quite misleading. Satoshi, though faceless has gained that fame. You can imagine that individual or group we don't know, yet people all over the world keep talking about him. If Satoshi should surface, it would cause alot. I don't believe he worked away either, he sees everything but just doesn't want to be at the centre of it all.

..Plus, as it was stated: those are the wallets that we know about.

How many of those we don't?

 ;D

We can only tell what we know based on our analysis of the Blockchain. But what if Satoshi had other addresses with BTC in them? He could've mined some coins in secret and kept the wallet hidden from plain sight (never disclosing the public key). The only way we can know if Satoshi "redeems" his BTC is if there's movement on the Blockchain from one of his wallets. They could either be in cold storage or simply lost. We'll never know for sure. And if the rumors of Satoshi being dead are true, then the massive BTC reward will be considered as "burnt" (a gift or donation to the community, thus making Bitcoin scarcer).

I hope Satoshi's coins are never moved, or market prices will go all the way downhill in an instant. At least, not all of his coins at once. Doing an OTC transaction would be best. We should be thankful for Satoshi giving us the "gift of Bitcoin". Otherwise, we would've been subject to "slavery" (as in financial slavery) forever. Who knows? Maybe we'll learn who Satoshi is (or ever was)? For now, let's just focus on making Bitcoin better.

Satoshi moving those bitcoins will be a negative sign for many investors. Those bitcoin held in his wallet serves as liquidity that is keeping the rest of the market upholding its price. The market crash will be imminent unless if such happens because not only Satoshi’s bitcoin will be sold in the market, but also many investors will sell off their holdings and we will see bitcoin crash to an amount we never expected it to crash back again. That would be bad times in the market and some investors will never feel compelled to buy again if Satoshi indeed sell part or all of his holdings. It will look like an inventor distrusting his own invention.

There is a reason why Satoshi decided not to send Hal Bitcoin from the Patoshi pattern which was to isolate it so that the 10 BTC is not linked to the blocks.
Satoshi was a genius having all those Bitcoin and never bothered to touch them knowing they are going to worth billions, maybe trillions by next 10 years.

The fact is; smartness pays alot and whatever the bitcoins which is speculated to be in his custody cost right now or in future is only a reward for great innovation.

Let's just hope that he's left them and will be untouched forever. Maybe there is an exploration team that tries to decode the wallet but it won't possibly happen anytime soon. As he has said, let's treat that as a donation to the community and the market that we have. While he's done it brilliantly, the institutions are now chasing all the Bitcoins that they can get but there are these bitcoins from satoshi and the others that are lost forever that won't take.

Well we dont know whether he touched it or not. He didnt touch any of the earlier coins he mined with his laptop and with his known footprint. However how do we know if he didnt mine with another method in late 2009 or early 2010. He could of still mined a few BTC a day with regular GPUs and he might still be around and selling his coins backwards. Basically the latest mined coins he sell first and then moves on to the older ones.

Its just a theory but its possible. I think a few times last year a few coins from 2010 were actually sold. They were from the coinbase reward so they never moved until 15 years later. Maybe one of those is Satoshi, most likely not however.

It will be possible to recover coins that have the public key exposed, but when that is going to happen nobody really knows. Because of that it is important to remember that when these assumed coins do move, it is not going to be because it is satoshi. You can recognize satoshi by his behavior or words. That is why it was for example obvious that Craig Wright had zero chance of being Satoshi. Dorian was a much likely candidate because of his personality, even if it was not him.  ;D

Well I think that the idea is more in terms of the assumed coins of satoshi. The coins that we think were his. From these he practically didn't touch any. Even if he touched a few it does not matter, because we are talking about it in a relative sense. Satoshi was just so radically different from every single altcoin founder that came afterwards. That is the important point, it does not matter if he didn't touch 99 percent or 100 percent of the coins that is just a minor detail.

In my opinion, this is selfish and narrow-minded thinking. As you said, he has done it brilliantly and therefore, he should be properly compensated and rewarded for his contributions and efforts.

I don't know if anyone would be scared and panic if he sold all those bitcoins, but to me it's not scary at all. I hope he is still alive and will use those bitcoins one day, because he deserves that and even more.

Governments, organizations, companies and all of us can sell bitcoins and make a profit, why shouldn't he have the right to do so? Come on, don't be so selfish.

As for now - yep, totally true.

And I hope it stays that way for all of BTC's history going forward.

I think the poster is worried about Satoshi liquidating all of his Bitcoin at once. This would cause a huge market crash, leading to lower prices for Bitcoin (albeit for a short period of time). At this point, we must assume Satoshi is either dead or lost access to his coins. Otherwise, he would've sold the BTC already to live a comfortable life or simply donate it to charity. Whatever Satoshi decides to do with his BTC, shouldn't be of much importance to anyone.

What really matters is governments and institutions acquiring large amounts of the circulating supply. They're still behind, but gradually moving ahead. If they manage to accumulate most (if not all) of the supply, Bitcoin will be doomed. Even if miners and nodes are behind network consensus. Fortunately, there's a way to put such efforts in vain. The community can either fork away or simply approve a network upgrade that would "strip" governments, institutional firms, and other big entities from the network. Although, the last option would go against Bitcoin's original ideals of being "anti-censorship". The decision is theirs to take (community). Hopefully, things will go along smoothly until the very last Bitcoin is mined.

The chance is there but it's low. And as for CSW, it's easy to claim that he's satoshi but hard to prove by signing the wallet.

We're praising him for his contribution and what he's done. I think it's not selfish at all because it came from satoshi himself that lost Bitcoins forever are a donation through reduction of supply. And so, it's likely that he done that on a purpose. While I also want to know and see someday that he's still alive and whatever he do with his Bitcoins, we can't do anything about it anymore if he's going to sell them all.

Each time I think of this fact that Satoshi hasn't touched any bitcoin from his wallet since the inception or the beginning of all this, I have no choice but to wonder if the man is really still alive, I remember there was a time when this speculation about whether or not Satoshi was still alive, and just when the speculation was getting stronger, I think he added some new bitcoins to the same wallet where he held his millions of billions as a way to prove that he was still alive, I no longer remember what year this happened but it's been a while.

One thing certain for sure is that those bitcoin possibly won't remain untouched forever, so long as Satoshi is still alive and has full access and custody to the wallet holding those bitcoins, it definitely will be spent one day, maybe he is simply waiting for Bitcoin to reach a certain milestone before he starts spending it.