Bitcoin Forum

Satoshi owns lot of bitcoin created in early days. But he has not sold any even in current prices.

Is it the fear of big crash that has stopped Satoshi from selling his bitcoins ?

Nah, the reason is not due to it, imo.

Satoshi is an idealist; it's not about the money for him. These coins are basically a non-written proof for everybody to see.

Or he may have died.
Or been kidnapped.
Or suffered a brain injury.

We may never know. As far as speculation is concerned, what info do we have to speculate on?
I do not think we have much...
 

you could add this:

or maybe he's alive
or maybe "satoshi" is just a name for a group.

We will keep speculating because nobody knows what has happened to him. Some people said he might have lost access to the wallet. My best bet is that he might have died or decided to donate the coin to the ecosystem.

If he is alive, I don't think his reason for not selling is because of the fear that the price will crash. The market will still be recovering as Satoshi dumps his coins.


Even if it is the name of a group, they can still agree and sell off if they want.

This is actually a joke to me; he's a creator and not a whale who pumps and dumps, so I don't think he'll ever sell it, that is, if he's still alive. And also, if you're a trader, you should continue to trade bitcoin and enjoy it, and if you're a stock trader, you should also continue to trade stocks on-chain with zero fees while participating in the On-chain Trading Competition 76.

He has a lot of bitcoins and even in Bitcoin addresses that are not considered by on chain analysis and assumptions as his Bitcoin addresses. Therefore, Satoshi Nakamoto possibly own bitcoins we don't know and he possible moved bitcoins in the past - except the famous transaction, the first P2P from Satoshi Nakamoto to Hal Finney - and might do it in the future while we don't know he does it.

Satoshi Nakamoto actually has no reason to dump all bitcoins he has on the market, so it's not like his fear of market crash at all. He can sell bitcoins silently from addresses we don't consider as his addresses.

To be frank, I don't even expect him to sell his asset at this current moment that bitcoin is still trying to be recognized generally or even turn it as a legal tender, Satoshi can either touch his bitcoin when what his is planning has been executed but for him to sell now is like putting fear in the eyes of the holders or traders because they would have this thinking that anything is possible since he has sold, again selling bitcoin may either reveal his identity to world and anyone who buys from might either be track to expose the seller, as currently his wallet and address is on a watch list of many people.

Satoshi could have sold some of his Bitcoins (if he were still alive), but as you can see until now, all the assets stored in his wallet are still intact without being touched at all even though their value has reached ATH. There was no pressure from any party or fear that was the reason behind Satoshi decision not to sell his bitcoins, in my opinion, the reason he never sold his Bitcoins was because he highly upheld the principle of decentralization. He tried to show his commitment to creating an alternative currency by maintaining the basic values ​​so as not to affect market prices.

Nothing of such, as fear. Satoshi wouldn't dump what he has invented at once. He wouldn't think of that. He knows what it will damn cause in the market, for him to dump what he has invented in the market. It will be like the sole creator of Bitcoin giving up on Bitcoin. What are we to do that are his believers. Is it not for us to do the same? Causing a heavy crash in the market that will take time to recover

The last thing you could think about is fear of a big crash? Do you know how many Bitcoin those institutions have sold after ETF was approved? A thousand Bitcoin dumped straight on Binance exchange right now won't do a shit.

Sell off isn't why we are struggling in price action right now, it is about what the chart want to do, the top is already in for Bitcoin, I strongly believe this with 80% chance possible.

Satoshi could be dead already, or maybe he never existed who knows? We don't have to even talk about it because it doesn't matter.

^ What matters is that BTC is still kicking, and will do so no matter what's up with its creator 8)

If Satoshi actually sells his coins, I would gladly buy the dip and and subsequent fud dips. I would see that as his last present to us.

The crash dip alone could drive Bitcoin down to the 10K's again for a few minutes. That is basically a 90% discount on future 100K BTC. Although then again that may dissuade panic-sellers from ever wanting to buy Bitcoin again, having been burned like that. The recovery might take a long time. So it is a two edged sword.

Of course Satoshi as far as we know is the creator of Bitcoin, but he created only 21 million pieces, there is no fear if he sells them all, because the Bitcoin he holds is also part of those 21, If you count those who have kept Bitcoin from the start, those who have died or lost the key are certainly not a threat and are afraid if Satoshi sells it.

Some investors are happy if Satoshi is still around and sells all the Bitcoin he holds, of course investors hope that happens, the point is that the price of Bitcoin will be cheap on the market, investors will automatically buy in large quantities, that's for sure, there is no destruction, it will actually be more advanced than now, people think Satoshi is still around and will create new enthusiasm for Bitcoin users.

Does he really care about selling his bitcoin that is the question you should be asking yourself, and who knows if he has other wallet that is also stack up with bitcoin that he is gradually selling off without people knowing the address belong to him?
Again, I don't think Satoshi is a hungry man who would be that selling his bitcoin to leave expensive life or something, currently he won't as he definitely know what he is looking at before he may want to sell.

You don't know he hasn't sold any.  Sure, none of been sold from the first ~12-24 months of mining, but does anyone really think he stopped mining at any point for a long time after that?  How many blocks were mined later that could be sold at any point.  Probably quite a few so the "Satoshi hasn't sold his bitcoins" thought seems to be inaccurate.

Even if he was alive he would not sell it and move it to a new wallet, this is not about profit or anything, this is about the basic principles of his invention, namely high transparency and security, the bitcoin in his wallet is a principle of why it should be bitcoin and will remain a bitcoin that can never be hacked, which in my opinion is the pride of his work.

I don't know the reason why Satoshi is not selling his Bitcoins. We don't even know who Satoshi is and where Satoshi is. We can just guess and speculate that Satoshi is still waiting for something. But in the last communication with Satoshi, Satoshi said that he is in a new project. So we guess that Satoshi is busy now and does not think about Bitcoin anymore. Or Satoshi is still watching from far and just smiles and says oh I am a super duper rich person ;D

Yeah, cause if there are sellers, there will be buyers certainly, so even if the market dumps, it will recover with time cause the community is just too strong.


Yeah, it should be more like, "His initial (well known) wallet haven't sold".


If they are panic selling, I'll be panic buying, cause 90% discount is almost free 😂😂

I don't think so but it can be the reason too, who knows, if he is still alive, and don't have btc other than this which I am sure he have, then he might not be selling this, but if he sells then market will definitely dump, but there are many conspiracies that btc is the production of the CIA, haha.

Anyway, I don't believe this shit but they say, they have built billions of wealth to control the digital world and move their own funds around and control people.

But that's just a conspiracy.

Sure, but try to do it without panic.

Accidentally buying some shitcoin might ruin your day  ;D

I honestly doubt if that's the case. Maybe he's just someone who doesn't think of himself alone. He might just be the selfless type, and not like so many other inventors that sticks around to sell their fraction that usually causes a change to whatever they've built. Like he said, he was moving on to other things, so maybe abandoning every single thing that relates to Bitcoin, including those early generated addresses was part of his decisions.

Though, we can't really tell since no one knows or have an idea of what he(Satoshi) looks like. But we can only make guesses and speculate.