Title: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Sammye3 on August 18, 2025, 09:33:49 AM Satoshi Nakamoto has an untouched Bitcoin since 2010 with an estimated amount of about 1.1 million Bitcoin with Bitcoin having a total supply of about 21 million Bitcoin and circulating supply ( 19,906,243 ).
Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. I guess this has being a popular question with unpopular perspectives but to throw more light into this. No one has any information on him as he remains anonymous with his last message to Bitcoin developer Mike Hearn saying "I've moved on with other things, it's in good hands with Gavin and everyone" Research has it that he is responsible for the "mega whale wallet" massive transaction as at 2010 and suspected he hasn't gone off but tactically cashing out since 2019. He has being known for his intelligence and analytical thinking and wouldn't see it fit to withdraw all his Bitcoin at once causing a drastic decline in Bitcoin's price. The market would experience a major fall as he holds about 5% of Bitcoin's total supply with other cryptocurrency being affected as Bitcoin has being seen to be the father of all of all digital currency. But Bitcoin being a decentralized exchange that nobody can control and having a high demand would definitely bounce back I know. With this, I think Bitcoin has full potential to bounce back after a massive reverse just if Satoshi Nakamoto withdraws all his Bitcoin. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: _act_ on August 18, 2025, 09:38:22 AM I am no expecting Satoshi to withdraw his coins but if it happens, people will see it as an opportunity to sell and which means the market will react to it.
The price of bitcoin will fall not only because Satoshi sold his bitcoin but also because people are selling their bitcoin. So the market price of bitcoin will fall significantly but which bitcoin can handle. The price of bitcoin will later rise back. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: ABCbits on August 18, 2025, 09:56:25 AM Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. If you mean selling Bitcoin for fiat, it means Satoshi put his identity and safety at risk. It'll leave trace for others (such as government agency) to discover his identity and maybe even tracking his location. Research has it that he is responsible for the "mega whale wallet" massive transaction as at 2010 and suspected he hasn't gone off but tactically cashing out since 2019. For part "but tactically cashing out since 2019", can your provide source or provide explanation about this suspicion? Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Cookdata on August 18, 2025, 10:00:05 AM Ever time Satoshi this and that, why not worry about Micheal Saylor wallet address that has 3% of the Bitcoin supply. I don't trust but if I'm to choose between Satoshi and Saylor, I trust Satoshi not to touch his Bitcoin than Micheal who owns a company.
I want you to know that "withdraw his Bitcoin" is different from "withdraw his Bitcoin and sell everything". It's been years since Satoshi left Bitcoin for the community and even if he is alive today, he wouldn't suddenly want to break something he dedicated his life for. His vision and mission is in the whitepaper and that's what Bitcoin is doing today. If Satoshi decided to move his Bitcoin from his original wallet address to another wallet, it's going to cause some markets shake, sentiments and FUD but that is not going to stop Bitcoin from what it's going to do. Bitcoin isn't longer about Satoshi, Bitcoin is now for everyone. Stop worrying about the least problems of Bitcoin. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: ₿itcoin on August 18, 2025, 10:31:23 AM The rumour that Satoshi sent 50 BTC in 2020 has been disproved & the estimated 1.1 million BTC (based on the Patoshi pattern) hasn't moved yet. what's more, Bitcoin is decentralised money & not a DEX. The price will plummet in the short term if he dumps, however since the whales path through OTC & Bitcoin's crypto liquidity is the deepest, it is sure the market will eventually reabsorb. TL;DR: Protocol doesn't care who rage-sells, though it is scary headlines & a strong network.
Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: hd49728 on August 18, 2025, 10:55:51 AM Satoshi Nakamoto has an untouched Bitcoin since 2010 with an estimated amount of about 1.1 million Bitcoin with Bitcoin having a total supply of about 21 million Bitcoin and circulating supply ( 19,906,243 ). There are only estimations on how many bitcoins Satoshi Nakamoto has and estimations have possible inaccuracy. Nobody can identify and know exactly how many bitcoins the Bitcoin founder actually has.https://intel.arkm.com/explorer/entity/satoshi-nakamoto Quote Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. Market will be shocked and many people will panic sell emotionally but Bitcoin market is big enough to absorb this selling pressure from Satoshi Nakamoto. In addition, as a founder of Bitcoin with many years of experience, I believe that Satoshi Nakamoto will not dump all his bitcoins on a single day. This gradual selling method will help the market more easily absorbs his bitcoins.Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: goldkingcoiner on August 18, 2025, 11:01:02 AM Satoshi Nakamoto has an untouched Bitcoin since 2010 with an estimated amount of about 1.1 million Bitcoin with Bitcoin having a total supply of about 21 million Bitcoin and circulating supply ( 19,906,243 ). Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. I guess this has being a popular question with unpopular perspectives but to throw more light into this. No one has any information on him as he remains anonymous with his last message to Bitcoin developer Mike Hearn saying "I've moved on with other things, it's in good hands with Gavin and everyone" Research has it that he is responsible for the "mega whale wallet" massive transaction as at 2010 and suspected he hasn't gone off but tactically cashing out since 2019. He has being known for his intelligence and analytical thinking and wouldn't see it fit to withdraw all his Bitcoin at once causing a drastic decline in Bitcoin's price. The market would experience a major fall as he holds about 5% of Bitcoin's total supply with other cryptocurrency being affected as Bitcoin has being seen to be the father of all of all digital currency. But Bitcoin being a decentralized exchange that nobody can control and having a high demand would definitely bounce back I know. With this, I think Bitcoin has full potential to bounce back after a massive reverse just if Satoshi Nakamoto withdraws all his Bitcoin. Then we will have an extraordinary opportunity to buy the gigantic dip before the market eats up all the coins. Selling 5% of the total Bitcoin is not going to destroy Bitcoin but it will definitely have a large short-term impact on the price. And he will not be able to sell it instantly anyway, because the orderbooks on the exchanges cannot handle such an amount. And people will panic, which will drive the price down even more. So it will be a gradual process and it will be sold to the whales. Either way, it will be cheap Bitcoin and a one-in-a-lifetime chance to buy them. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Sanitough on August 18, 2025, 01:59:40 PM Of course the price will drop, and there’s even a possibility it won’t recover right away because that kind of move would trigger huge panic.
Bitcoin reached this level because of trust, and part of that trust comes from Satoshi never touching his coins, even if the current price already made him a billionaire on paper. Since he hasn’t withdrawn anything up to now, I don’t see a reason why he’d suddenly withdraw all his Bitcoin in the future. Doing that would only kill the market. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: bhadz on August 18, 2025, 02:06:46 PM We can think of the scenario when the whales are selling their Bitcoins and cashing out from the market. That means that the price decreases and selling pressure is higher. We see the quick reaction of the market, and a correction happens. And with the tweets, posts and articles that we see, if they're so quick to post about satoshi dumping his Bitcoins, everyone panics and will describe this as a sinking boat and so the price will plummet a lot. But the real ones will stay and will buy all of those Bitcoins that have been sold.
Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: 348Judah on August 18, 2025, 02:38:21 PM With this, I think Bitcoin has full potential to bounce back after a massive reverse just if Satoshi Nakamoto withdraws all his Bitcoin. He may be the largest holder for now, but that does not change anything about what bitcoin stand to offer, if he decides to withdraw all his Bitcoin, does that means he's going out of the market completely or he just want to use the strategy of buying the dip and hold, besides, I don't see any relevance in knowing about what Satoshi might do or how the market reacts towards his decision to withdraw or sell all his Bitcoin. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: SquirrelJulietGarden on August 18, 2025, 02:59:44 PM He may be the largest holder for now, but that does not change anything about what bitcoin stand to offer, if he decides to withdraw all his Bitcoin, does that means he's going out of the market completely or he just want to use the strategy of buying the dip and hold, besides, I don't see any relevance in knowing about what Satoshi might do or how the market reacts towards his decision to withdraw or sell all his Bitcoin. With his massive Bitcoin fortune that if he cashes out, he won't be able to use all of such huge money, I think he does not mind of selling and waiting for opportunities to buy back, buy dips later.In addition, person like Satoshi Nakamoto can have Bitcoin addresses that we can not know as all estimations on his bitcoin holding used an assumption that early Bitcoin addresses belong to Satoshi Nakamoto. While in reality, he would have mined bitcoin a long time later and would have used addresses that are not in any assumption. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: tiCeR on August 18, 2025, 03:15:24 PM Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. If you mean selling Bitcoin for fiat, it means Satoshi put his identity and safety at risk. It'll leave trace for others (such as government agency) to discover his identity and maybe even tracking his location. The safety question isn't as relevant anymore as it used to be when it was discussed back in the days. When bitcoin had no real legal status, I think one of the major risks was prosecution based on whatever legal authorities could have come up with to blackmail him or actually set an example. Now that this is not a risk anymore in most jurisdictions, I don't think risk exposure due to others knowing that he owns that many BTC is a big deal. If it was because $5 wrench attacks could happen (which I doubt a billionaire would allow to happen), then people like CZ or Saylor would be as much at risk as Satoshi would be. This could still be a large organizational operation to put infrastructure in place that allows authorities to track down the flows of money. There are lots of interesting issues with negligently using cryptocurrencies: all these exchanges and swap services with those easy to use interfaces (one currency against another) are gathering an incredible amount of network data. They know all the input and output addresses and can hence provide not only single user addresses, but whole maps for single users, user groups and financial flows. And then they make that data accessible to authorities either because they agreed upon sharing the data upfront as a deal to not get their services shut down, or they sell the data. I know the second part is a bit off-topic, but I bring this up because if bitcoin is a large scale organizational or governmental operation, then the individual Satoshi Nakamoto doesn't exist in the first place. But risk because of revealing his identity should be no more of a threat to Nakamoto than it is to any other billionaire and if anyone has the means to protect against potential risks, then it is the billionaires. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: SquirrelJulietGarden on August 18, 2025, 03:21:42 PM I want you to know that "withdraw his Bitcoin" is different from "withdraw his Bitcoin and sell everything". It's been years since Satoshi left Bitcoin for the community and even if he is alive today, he wouldn't suddenly want to break something he dedicated his life for. His vision and mission is in the whitepaper and that's what Bitcoin is doing today. Everyone need money some times and Satoshi Nakamoto might suddenly need money when his finance is in troubles or he in an accident for example. However, he will not need to sell all bitcoins he has, so I very agree with you. The Bitcoin founder has never needed to sell all of his bitcoin so far and will not have such need in the future.It's first reason, he does not need to do this for money (sell all his bitcoins for money), and there is a second reason relates to his great dedication in building up Bitcoin project, and wanting it to succeed. It in turn makes him very unlikely does things are hamrful for Bitcoin and Bitcoin community. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Obim34 on August 18, 2025, 03:41:59 PM "What if Satoshi " question is more like a rhetorical question that none of us can answer.
First we can't tell if Satoshi is alive or still has access to his wallet, the chances of Satoshi returning to withdraw his Bitcoin is very unlikely to happen. If he does, then great news as we get to prepare for massive dips which is an opportunity to buy very low and wait a few years to sell when the price begins to pump back up, making profits from Bitcoin has always been from buying low and selling high. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Xtraordinarious on August 18, 2025, 04:04:16 PM Then we will have an extraordinary opportunity to buy the gigantic dip before the market eats up all the coins. Selling 5% of the total Bitcoin is not going to destroy Bitcoin but it will definitely have a large short-term impact on the price. And he will not be able to sell it instantly anyway, because the orderbooks on the exchanges cannot handle such an amount. And people will panic, which will drive the price down even more. You have explained it very well. Many still do not understand this extraordinary opportunity, and we must buy a huge dip. Many people think that a sudden huge sale means a collapse in an instant, but in reality, it is directly related to liquidity. Many people generally understand this liquidity issue, so they cannot even think as expected. On the other hand, if there is not enough demand in the order book, the price will fall, and that panic will start a kind of chain reaction of selling.So it will be a gradual process and it will be sold to the whales. Either way, it will be cheap Bitcoin and a one-in-a-lifetime chance to buy them. However, those with cash ready will be able to convert this panic into a "lifetime discount". Those who have cash are waiting for such a time. Such an opportunity has not come again in history. It is wise to keep your eyes and ears open, and when the opportunity comes, you should use your intelligence and use the opportunity accordingly.। Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Z-tight on August 18, 2025, 04:21:05 PM If you are asking us what will happen if Satoshi moves his coins, then we cannot tell you exactly, because we do not know. Do i think he would move his coin, it is very unlikely that he will. There is no need speculating about Satoshi, it is either his coins or his identity, he already left behind his creation for all, let us focus on that, rather than on the creator.
However, what would likely happen if his coins ever move, is what happens when Whales move a large amount of BTC. People start speculating and spreading fud, weak hands start selling, the price dumps temporarily and rises back up again. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: LDL on August 18, 2025, 04:33:40 PM I don't think Satoshi himself would do something so stupid, especially if he continues to hold Bitcoin, he will become one of the richest people in the world in the future. I saw a very recent report where Satoshi is overtaking Bill Gates to become the 12th richest person in the world. If Bitcoin hits the $1 million milestone in the not-so-distant future, then it can be said that Satoshi will be the world's number one richest person. So if Satoshi were alive, he would never do this stupid thing because withdrawing his Bitcoin would really affect the value of his Bitcoin and that could have a negative impact.
Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Stalker22 on August 18, 2025, 04:45:00 PM If you mean selling Bitcoin for fiat, it means Satoshi put his identity and safety at risk. It'll leave trace for others (such as government agency) to discover his identity and maybe even tracking his location. Whats the big deal if his identity is made public? Even if they were to figure it out, it would be made almost impossible to prove in a court of law (plausible deniability). There is a whole legal process that any government agency would have to go through to prove he is indeed Satoshi Nakamoto, and he would be entitled to an attorney. He could just say he denies it and say that he was a very early miner and that he has been incorrectly labeled as the creator. By the way, remember that guy who actually claimed publicly that he was Satoshi? Even in a court of law under oath. No government agency has prosecuted him as far as I know. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Fiatless on August 18, 2025, 04:54:29 PM I don't think Satoshi himself would do something so stupid, especially if he continues to hold Bitcoin, he will become one of the richest people in the world in the future. I saw a very recent report where Satoshi is overtaking Bill Gates to become the 12th richest person in the world. If Bitcoin hits the $1 million milestone in the not-so-distant future, then it can be said that Satoshi will be the world's number one richest person. So if Satoshi were alive, he would never do this stupid thing because withdrawing his Bitcoin would really affect the value of his Bitcoin and that could have a negative impact. He is not stupid if he withdraws and sells some of his coins if he needs money. I also don't think that the reason why he is still keeping his coins is because he wants to be the richest man on earth. I see him as a modest person who dislikes fame. Bitcoin has grown beyond Satoshi. Even if he sells all his coins, the market will still recover Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: MGAMGA on August 18, 2025, 04:55:18 PM Satoshi Nakamoto has an untouched Bitcoin since 2010 with an estimated amount of about 1.1 million Bitcoin with Bitcoin having a total supply of about 21 million Bitcoin and circulating supply ( 19,906,243 ). Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. I guess this has being a popular question with unpopular perspectives but to throw more light into this. No one has any information on him as he remains anonymous with his last message to Bitcoin developer Mike Hearn saying "I've moved on with other things, it's in good hands with Gavin and everyone" Research has it that he is responsible for the "mega whale wallet" massive transaction as at 2010 and suspected he hasn't gone off but tactically cashing out since 2019. He has being known for his intelligence and analytical thinking and wouldn't see it fit to withdraw all his Bitcoin at once causing a drastic decline in Bitcoin's price. The market would experience a major fall as he holds about 5% of Bitcoin's total supply with other cryptocurrency being affected as Bitcoin has being seen to be the father of all of all digital currency. But Bitcoin being a decentralized exchange that nobody can control and having a high demand would definitely bounce back I know. With this, I think Bitcoin has full potential to bounce back after a massive reverse just if Satoshi Nakamoto withdraws all his Bitcoin. this is a topic as old as Bitcoin, there is currently nothing to prove that there's actually just that wallet for him, he could have possibly multiple wallets and have took his fair share of it, if i were as smart as Satoshi Nakamoto, i'd do just that, there is also the possibility of masking the entire wallet, maybe it's already been cashed out without our knowledge? there is nothing to prove that bitcoin has not been tampered with as a whole, as far as i'm concerned, Satoshi could've had programmed the entire thing to mask or shadow his own bitcoin address, and we cannot know. eitherway, if he does withdraw them, there is a chance he might be tracked and traced, which again, he does not want. There is no actual evidence of whatever, but there is a large probability he has thrown away the mnemonics for this bitcoin address, the entire thing to be completely free of the risks that come with that bitcoin address, then there's a VERY large probability that he has bought or mined bitcoin earlier on from a different address, and now he lives between us as free as a bird, and we cannot know who he is, we will probably not, it's to the point that even if he does come to tell us he IS Satoshi really, we would not believe him, unless he proves that he has access to the bitcoin address, we would most probably ridicule him when he doesn't. He could be here, between all of us, extremely rich, in his lane, living, thriving off of bitcoins he mined or bought, and we would not know. He could be one of us, we will never know. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: moneystery on August 18, 2025, 05:03:46 PM There have been countless threads speculating about what would happen if Satoshi sold all his Bitcoin. I think that’s an exaggeration, as such a scenario simply won’t happen. He has been offline for a long time and made it clear that he would not interfere with Bitcoin, leaving it entirely to consensus. So, there’s no need to discuss the possibility of him coming back online, because it simply isn’t going to happen.
In fact, I believe this issue is far less important than the growing trend of governments and institutions increasing their Bitcoin holdings, which risks centralizing the market and creating greater opportunities for market manipulation. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: asriloni on August 18, 2025, 05:17:08 PM Damn! another satoshi question again. I can't really remember how many times this question has been mentioned. Stop being delutsonal OP. There was no proof Satoshi owned millions of BTC. Also stop to think about conspiracy theory about "IF" Satoshi sells his Bitcoin. Always stick to the reality if people are buying Satoshi's product, and not intend to sell it.
Talking about what happens if Satoshi sells his btc is kinda pointless as it will never happen. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Marvell1 on August 18, 2025, 05:31:43 PM We can think of the scenario when the whales are selling their Bitcoins and cashing out from the market. That means that the price decreases and selling pressure is higher. We see the quick reaction of the market, and a correction happens. And with the tweets, posts and articles that we see, if they're so quick to post about satoshi dumping his Bitcoins, everyone panics and will describe this as a sinking boat and so the price will plummet a lot. But the real ones will stay and will buy all of those Bitcoins that have been sold. https://talkimg.com/images/2025/08/18/UZU4Xa.png You know when whales move their Hodling to exchange most often selling pressure spikes & surly price wobbles. didi you hear about recent fud Binance inflows near 7k BTC lined up?? If FUD spread successfully then sometimes only $1B unload is enough to shrugs off the whole market. Now come to Satoshi dumped horror FUD, lol.. look back on that when dormant coin since 2009 moved in 2020, BTC ooze $200 in just half an hour. yeah somethimes buying the dip mentality might be beneficial however you couldn't hold retail investors, they day and night following only headlines & wind up getting burned. So i always tell my friends taking a deep breath to look over flows, keeping your HODL mentality tight and avoiding panic selling. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Ishicryptic on August 18, 2025, 05:54:44 PM If Satoshi owned over 1 million plus Bitcoin and one day decides to dump it on the market I'm sure that there will be a massive FUD and people will panic and sell. But the good news would be that Bitcoin has built a solid reputation and adoption, a massive dump will afford smart investors opportunity to try and buy up the saturated Bitcoin at very low price, eventually it will start to rally again and continue to hit ATH upon ATH. Bitcoin has passed that stage of panic that it will become a shitcoin so I don't worry about FUD. I doubt that Satoshi will just resurrect one day and offload all his stashed Bitcoin so OP is just speculating like many others that have done the same
Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: mirakal on August 18, 2025, 05:59:12 PM If Satoshi will be back again one day and withdraw all his bitcoin, that would mean a huge loss of the crypto market. But I think as long as there are still hodlers left that are keeping huge amount of bitcoin, bitcoin will still find its own way for recovery but clearly, it will take some time. Bitcoin is bitcoin, it will definitely continue to exist knowing it has been fully established already.
But honestly, a scenario like this is far from possibility, we need to have guarantees first that Satoshi is still alive before he will appear in the market and withdraw all his wealth in the form of bitcoin. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: serjent05 on August 18, 2025, 06:01:47 PM If ever Satoshi decided to convert his Bitcoin to fiat (that is what I understand from withdrawing all his Bitcoin) I do not think he will cash it out all at once. Just like @OP stated, Satoshi will make a strategic cash out so as not to affect the price greatly. Besides, it will be a loss for him if he just cashes out everything aggressively because the market will crash tremendously. This is assuming that Satoshi will "withdraw" his BTC.
Although we are not sure whether Satoshi is still with us or has left, I do not think that the BTC on Satoshi's known address will be moved anytime soon. Damn! another satoshi question again. I can't really remember how many times this question has been mentioned. Stop being delutsonal OP. There was no proof Satoshi owned millions of BTC. Also stop to think about conspiracy theory about "IF" Satoshi sells his Bitcoin. Always stick to the reality if people are buying Satoshi's product, and not intend to sell it. Talking about what happens if Satoshi sells his btc is kinda pointless as it will never happen. We do not know what happened to Satoshi (whether he is dead or alive), so I think we can understand where the question is coming from. Unless someone provides proof that Satoshi is not with us anymore, and no one knows the private key to those addresses, we cannot say in an absolute manner that the BTC on those address will remain untouched. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: AirtelBuzz on August 18, 2025, 07:08:00 PM As far as I know if Satoshi Nakamoto were to withdraw all of his Bitcoins, it would probably have a major impact on the Bitcoin market and cause a significant price drop because we all know about this person who still carries a pseudonym today. It is not clear how much wealth he has, but he surpassed Bill Gates a few days ago as the price of Bitcoin rose. So if such a top-class person and the founder of Bitcoin himself were to withdraw all his holdings, it would certainly create panic among investors, but I don't think it would last long and Bitcoin's long-term functionality may not depend on it.
We have seen many times before that even after a big sell-off, the market can bounce back if there is a lot of demand but it is true that if there is still high demand for Bitcoin when Satoshi sells all his Bitcoins, then it will still have the potential to increase. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: coolcoinz on August 18, 2025, 07:41:26 PM Ultimately bitcoin is money, so I wouldn't blame anyone, including Satoshi for spending it. What good is bitcoin if you for instance lose your arm and need a prosthesis, but can't afford it? Would you rather have a high end arm and 1 bitcoin less, or be able to brag that you've never touched any of your coins.
What would happen if Satoshi moved his coins? -Market panic, but this would also expose Satoshi and he doesn't want that. What would happen if he started spending it? - probably another panic and a price drop far greater than it should be, just because of the uncertainty about Satoshi's identity. People would dump bitcoin out of fear. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Pjcr7 on August 18, 2025, 08:25:09 PM I am no expecting Satoshi to withdraw his coins but if it happens, people will see it as an opportunity to sell and which means the market will react to it. I'm sure if Satoshi decides to sell his BTC today then there will massive FUD which will lead to FOMO and thus the massive dump will set in. Satoshi has an astonishing 1 million BTC that he allocated to himself and the total supply which we know is 21 million. Satoshi alone holds almost 5% of the total supply of BTC, no single individual has this. Now imagine he sells all, there will definitely be panic and the market will retrace thereby leading to price dump.The price of bitcoin will fall not only because Satoshi sold his bitcoin but also because people are selling their bitcoin. So the market price of bitcoin will fall significantly but which bitcoin can handle. The price of bitcoin will later rise back. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: LogitechMouse on August 18, 2025, 08:53:30 PM Now here is the question, what would happen if Satoshi Nakamoto withdraws all his Bitcoin. If Satoshi for some reasons withdraw all of those 1.1M Bitcoins, and decided to sell, it will create a domino effect towards the whole crypto space, and in a negative way. This event might make some of those Bitcoin holders out there to panic sell their holdings just because they see the creator selling those Bitcoins. I believe this will not happen anymore, but if Satoshi really wanted to sell those Bitcoins, he/she might've done it already... or he/she is just waiting for the perfect opportunity. On the flip side, even though Satoshi will sell those Bitcoin, I believe that it will thrive still. I mean there will still be buyers anyway, and large institutions are even accumulating it. I believe that Bitcoin will still go up in price as long as there are demand. Overall, this event IF IT HAPPENS, will just create a short term negative effect towards not only Bitcoin, but the whole crypto space. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Orpichukwu on August 18, 2025, 09:02:38 PM The rumour that Satoshi sent 50 BTC in 2020 has been disproved & the estimated 1.1 million BTC (based on the Patoshi pattern) hasn't moved yet. what's more, Bitcoin is decentralised money & not a DEX. The price will plummet in the short term if he dumps, however since the whales path through OTC & Bitcoin's crypto liquidity is the deepest, it is sure the market will eventually reabsorb. TL;DR: Protocol doesn't care who rage-sells, though it is scary headlines & a strong network. Well, as much as we know that it's unlikely to happen because of Satoshi and the implication of it, if that happens, we will not just talk about the price impact, which could easily be rebuilt, but there will be some trust broken in the system, and some who believe those coins are not meant to enter the market will have some questions to ask and doubt other things which they might have built their trust on around the system.Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: finaleshot2016 on August 18, 2025, 09:19:26 PM To this point, I still trust Satoshi won't sell any Bitcoin because it acts like a burned tokens already, no one can touch those supply and the who crypto market will be still for the people. If those coins stay untouched, it keeps Bitcoin’s scarcity strong. Those satoshi's BTC also gives us the confidence to hold for long-term, and it makes BTC feel more decentralized. That's satoshi's vision, he won't sacrifice the vision and goal of BTC just for a dollar, and I think he's already earning a lot of money without BTC. He won't tarnish his reputation right now and will hold until the end, 'cause if it's for personal gain, he should've sold it back then but look the market are still alive.
Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Furious 7 on August 18, 2025, 09:32:13 PM Why always think of problems that might not even happen, when Satoshi withdraws the bitcoin he has the world will be in an uproar not because of the withdrawal made but because Satoshi is coming back after so many years he closed access in any form.
I think compared to Satoshi, we should be worried about those whales who hold bitcoin, big businessmen who have greater control and some countries that are sometimes too naive by only seeing bitcoin as an element of unilateral profit without seeing further uses that could make fud by doing several ways that indirectly make weak hands panic and sell ownership because they are affected by the opinions that are trying to be led. Actually, thinking like this will only burden yourself so that it would be better to create a more positive mindset, not that we are naive and as if we are ignorant of the risks and possibilities that occur, but linking Satoshi seems demeaning because how is it possible when Satoshi, who has given his energy, mind and mind devoted entirely to the creation of bitcoin in decades past, comes and destroys it today. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: EL MOHA on August 18, 2025, 10:27:54 PM Ever time Satoshi this and that, why not worry about Micheal Saylor wallet address that has 3% of the Bitcoin supply. I don't trust but if I'm to choose between Satoshi and Saylor, I trust Satoshi not to touch his Bitcoin than Micheal who owns a company. Micheal will most definitely take profit one day this more realistic than anything now, he doesn’t actually owns all those bitcoin because it’s his company’s bitcoin it is similar to saying Blackrock wouldn’t sell their bitcoin which is not possible because those who bought ETF might want take profits later. I think the usual Satoshi question related to his bitcoin is usually carved out from the perspective of how Vitalik of Ethereum does to his holdings. I continue to say this are two very different entities, if Satoshi can sacrifice his personal life and give up social presence then holding this bitcoin is something that I strongly believe that he will held up for ever. To this point, I still trust Satoshi won't sell any Bitcoin because it acts like a burned tokens already, no one can touch those supply and the who crypto market will be still for the people. As long as this bitcoin still has been sent or spent using the OP_RETURN script we cannot call it a burn coin because it can still moved when the owner wishes Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Franctoshi on August 18, 2025, 10:57:04 PM It only going to create FUD in the industry and the market, But what if Satoshi never gonna touch his Bitcoin, you should think about this as well and where those Bitcoin are meant to be there forever to prove how secured Bitcoin is and how Bitcoin cannot be hacked while in a safe or secure wallet.
Futhermore ,this makes the amount of Bitcoin that should be in existence to way lesser than what we've ever thought is going to be in existence. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: EFS on August 18, 2025, 11:19:57 PM Withdraw to where? Do you really believe Satoshi will one day move over a million coins to Binance and cash out to USD? :) Do you expect those coins to be sold on the spot market and the price to stay the same? Of course, the moment those coins move it will hit the flash news everywhere and affect Bitcoin's price instantly.
I personally don't think those coins will ever move, but whether it's Satoshi or someone else, whoever owns them well-deservedly earned them and has the right to use them however they want. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Asiska02 on August 18, 2025, 11:22:54 PM The price of bitcoin will fall not only because Satoshi sold his bitcoin but also because people are selling their bitcoin. So the market price of bitcoin will fall significantly but which bitcoin can handle. The price of bitcoin will later rise back. Is Satoshi sells his bitcoin holdings, I don’t think the price of bitcoin could actually rise back and if it does, it may not reach the level it was before the crash happens due to the panic that occurred after Satoshi withdraws his bitcoin. Don’t you think that the trust to hold Bitcoin by most investors after Satoshi withdraws his own will reduce? The public sentiment and narrative about Bitcoin will change completely and we won’t see investors coming to invest into it like before ever again. The best thing is that he holds forever and never sells. Ever time Satoshi this and that, why not worry about Micheal Saylor wallet address that has 3% of the Bitcoin supply. I don't trust but if I'm to choose between Satoshi and Saylor, I trust Satoshi not to touch his Bitcoin than Micheal who owns a company. From a business perspective, Micheal Saylor will definitely by one day want to sell his Bitcoin for profit. Satoshi is the real holder here and have sacrificed everything for Bitcoin to keep thriving today, he won’t wake up one day and decides to cause disruption to the market by even moving those coin, more of withdrawing them. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: Ambatman on August 18, 2025, 11:29:23 PM The market would fall temporary atleast people will stop asking the question what if Satoshi sells
Anything that makes him convert to Fiat will put him at risk. So even if he sells it's only going to be a minor episode on the market Is Satoshi sells his bitcoin holdings, I don’t think the price of bitcoin could actually rise back and if it does, it may not reach the level it was before the crash happens due to the panic that occurred after Satoshi withdraws his bitcoin. But once he does it clears the air And it would beat the price it was before the fall. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: adaseb on August 19, 2025, 06:12:36 AM Ever since the creation of Bitcoin people have asked this question. But the more time that goes by the more we can be confident that he will never sell or even move his coins. If he was in it for the money, he would of sold all his coins at $1 or $2 or $10 and would of been pretty rich. Since he never sold then, its proof that its not about the money for him.
Another theory can be that he lost the private keys or maybe he did sell the bitcoins but he sold the ones he mined in 2010 not to attract attention and people will just think he was an early miner. Selling just one of those blocks of mined bitcoin is enough to last a lifetime for many. What will happen if he moves his coins? Well obviously panic, since he holds such a huge supply. Many will try and sell as quick as possible before more people start to panic. However its been a long time sicne we heard from him, that I dont think those coins will ever move. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: ABCbits on August 19, 2025, 09:23:11 AM If you mean selling Bitcoin for fiat, it means Satoshi put his identity and safety at risk. It'll leave trace for others (such as government agency) to discover his identity and maybe even tracking his location. Whats the big deal if his identity is made public? Even if they were to figure it out, it would be made almost impossible to prove in a court of law (plausible deniability). There is a whole legal process that any government agency would have to go through to prove he is indeed Satoshi Nakamoto, and he would be entitled to an attorney. He could just say he denies it and say that he was a very early miner and that he has been incorrectly labeled as the creator.I get your point, analysis that makes some people believe Satoshi mined in early days and have about 1 million Bitcoin use several assumption[1]. Although i bet many people never know about those assumption. But i mentioned identity since it's clear Satoshi wish to remain anonymous. By the way, remember that guy who actually claimed publicly that he was Satoshi? Even in a court of law under oath. No government agency has prosecuted him as far as I know. I would guess government agency is smart enough to spot fraud. Faketoshi (such as CSW) usually incompetent in some ways (usually in technical field). [1] https://bitcointalk.org/index.php?topic=175996.0 (https://bitcointalk.org/index.php?topic=175996.0) Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: yhiaali3 on August 19, 2025, 09:36:43 AM In my opinion, Satoshi cannot withdraw all of his Bitcoin because he would put his beloved child (Bitcoin) at risk. I mean the risk in terms of a price drop, and I don't mean, of course, an existential risk to Bitcoin.
This possibility is unacceptable for several reasons. First, Satoshi knows that if he sells all of his Bitcoin, it will lead to a significant price drop. Second, if he wants to convert it to cash (which goes against Satoshi's principles), he could jeopardize his privacy and reveal his identity. If Satoshi wanted to sell his Bitcoin, he would sell it off the market in batches to avoid affecting the price and jeopardizing his privacy, although I suspect he wouldn't. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: reagansimms on August 19, 2025, 10:04:48 AM If Satoshi had withdrawn all his Bitcoins it would have caused a significant drop in the price of Bitcoin because selling large amounts of Bitcoins could increase supply and reduce demand. In addition, Satoshi's actions in withdrawing Bitcoin could affect public trust in Bitcoin and blockchain, the reason being that he is considered the originator and protector of Bitcoin. The large amount of Bitcoin Satoshi acquired in the early stages of development was never moved or sold, so no one knows if he actually withdrew all of his Bitcoins, and his whereabouts are unknown to this day, so no one can be sure whether he still has access to his wallet or not.
I believe Satoshi (if he were still alive and had access to his wallet) wouldn't touch his Bitcoin because his goal in creating Bitcoin was based on distrust of the fiat money system. Therefore, he would continue to strive to maintain the public trust that has built up in Bitcoin over the years rather than withdrawing his Bitcoin. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: zasad@ on August 19, 2025, 10:54:25 AM In my opinion, Satoshi cannot withdraw all of his Bitcoin because he would put his beloved child (Bitcoin) at risk. I mean the risk in terms of a price drop, and I don't mean, of course, an existential risk to Bitcoin. I would ask the question differently: who will let Satoshi do this if he is still alive?This possibility is unacceptable for several reasons. First, Satoshi knows that if he sells all of his Bitcoin, it will lead to a significant price drop. Second, if he wants to convert it to cash (which goes against Satoshi's principles), he could jeopardize his privacy and reveal his identity. If Satoshi wanted to sell his Bitcoin, he would sell it off the market in batches to avoid affecting the price and jeopardizing his privacy, although I suspect he wouldn't. https://intel.arkm.com/explorer/entity/satoshi-nakamoto This is a very huge amount, and if Satoshi decides to sell something for a large amount, then a real hunt will begin for him. BlackRock will soon surpass Satoshi in terms of the number of bitcoins it holds. Are you afraid of this too? Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: yhiaali3 on August 20, 2025, 05:09:53 AM ~ I would ask the question differently: who will let Satoshi do this if he is still alive?https://intel.arkm.com/explorer/entity/satoshi-nakamoto This is a very huge amount, and if Satoshi decides to sell something for a large amount, then a real hunt will begin for him. BlackRock will soon surpass Satoshi in terms of the number of bitcoins it holds. Are you afraid of this too? As for BlackRock, I'm not afraid of it surpassing Satoshi in the number of bitcoins it owns, because BlackRock is primarily a profit-making company. Although it doesn't care about Bitcoin as a concept but it does care about profit. Therefore, it won't sell its bitcoins all at once, so as not to affect the price. Title: Re: What if Satoshi Nakamoto withdraws all his Bitcoin? Post by: tiCeR on August 20, 2025, 03:05:17 PM I don't think Satoshi himself would do something so stupid, especially if he continues to hold Bitcoin, he will become one of the richest people in the world in the future. I saw a very recent report where Satoshi is overtaking Bill Gates to become the 12th richest person in the world. If Bitcoin hits the $1 million milestone in the not-so-distant future, then it can be said that Satoshi will be the world's number one richest person. So if Satoshi were alive, he would never do this stupid thing because withdrawing his Bitcoin would really affect the value of his Bitcoin and that could have a negative impact. How do you know that he is holding BTC, and not anymore able to access it? How do you know Satoshi is a man? How do you know Satoshi is a person? How do you know that Satoshi will overtake Bill Gates when actually Satoshi is 25 people and they have to share it, assuming they do not act as a conglomerate? How do you know Satoshi aims at becoming the richest person in the world? How do you know Satoshi can die if Satoshi is a project and not a single human being? How do you know that Satoshi is not 95 years of age and feels the desire to use some cash to live the best life in the last years? How do you know that withdrawing BTC from Satoshi wallets "would really affect the value of his Bitcoin"? I picked your post, but there are so many unfounded assumptions to be found in this thread. The list of questions could be 10 times as long. Above all, if you were Satoshi, you would never touch your coins? Do I understand this correctly? You would never ever because it would be stupid? |