Bitcoin Forum

Supposedly Satoshi holds over 1 million bitcoins, do you guys think he will ever end up selling his stash off?  At one point he was worth over 20 billion dollars and at current prices he is worth over 7 billion dollars which is a staggering amount.

Bitcoin creator Nakamoto Satoshi could be worth $20 billion in bitcoins. He will sell 2,000,000 Bitcoins and buy $5,000,000,000 worth of Gold. He will get 20% profit every year from safest investment because Gold is going to $2500/ounce.

Nakamoto Satoshi's new stash could be this


http://i64.tinypic.com/j621sk.jpg

He should've sold at least some of them in december 2017, selling them now wouldn't be as profitable. If he infact wants to sell all his BTC I think he will wait for a bigger price.

It is said that satoshi holds around 700k BTC. Currently, that's about 4,883,000,000 USD.
I think that would be enough money. Wouldn't be that necessary to cash out 14,000,000,000 USD (@ 20k USD per BTC).

Besides the fact that he could never cash out that sum, thats more money than anyone could spend. Even at today's rate which isn't 'as profitable'.

Additionally it is not known whether 1) satoshi still lives and 2) still has access to the private keys. I doubt they will move ever again.

Satoshi's coins won't ever be sold for fiat. They'll probably be used to practice force over development by simply using these coins as a vote. Right now it might not seem like much of a danger, but eventually it could be. Bitcoin is pretty much guaranteed to keep going up, so selling coins or potential elitist domination by having a majority share is not a difficult choice.

Why won't Satoshi ever sell his coins to fiat? Because that's a straight single point of failure and a clear signal to all governments that they at least have a clue about where to find him. I'm pretty sure governments are out to seize every single one of his private keys if they find him. For his own sake, and more importantly, for the sake of Bitcoin, these coins should never change owner in any shape or form.

Will Satoshi sell it? No one knows. We shouldn't care about it in the first place. It's his/her/they're bitcoins, so Satoshi can do whatever he/she/they wants with it. If there's someone in the cryptocurrency space that deserves a massive fortune, it's definitely Satoshi.

Also this. Satoshi's anonymity would be pointless as selling even 1 sat would publicize Satoshi's identity one way or another.

But we need to find out that Satoshi is still alive? Because he has not came online since 2010 and his wallets were untouched from that so we can't sure about his living.But if he living somewhere he won't sell his bitcoins because it will make the bitcoin will become unworthy since the creator even sold that.

I don't know if Satoshi holds 1M Bitcoins or not. This is Satoshi's decision that whether he/she will sell or hold forever We don't know about it.

If anything he should have sold at 20k, which he would have done if he was in it for the money.

Asking whether satoshi will ever sell his coins is like asking if Jesus will come back from the dead. Nobody can say for sure, but probably not  :D. I think if satoshi was ever going to sell his coins then he would have  likely already done so by now, or maybe he's just the worlds longest bitcoin hodler?  ;D. I think satoshi is either dead, lost access to his coins, or maybe just purposely abandoned them to make it fairer. If he does ever come back though I hope he's wise and fair enough not to just dump them all and sell them off slowly and bit by bit as to not cause a panic. Probaby best for everyone of they just remain dormant however.

I doubt he's going to do that, he care less about been rich than making the society a better world. But if he does actually sell off his holding, that will be a a lot of money. Investing it in gold wouldn't be bad but keeping it in bitcoin will still be better.

If Satoshi really exists, I think he has no problems with bitcoins. He can sell them as much as he likes. But no one knows if he really exists. It would be interesting to get acquainted with such a person.

That's not really the question here, but of course "he" exists. Who do you think created bitcoin? Magical bitcoin elves or the technology evolved out of nothing? Maybe AI or aliens created it?

https://memegenerator.net/img/instances/66770349/bitcoin-aliens.jpg

Satoshi might be a single person or a group, but he or they definitely existed. Personally I think it was probably one guy but that's just my opinion.

I doubt that it would even be a problem at this
point if Satoshi were to sell his coins. In my opinion
a smart investor would scoop up the BTC just like it
happened with all these government auctions.

Of course it might lower the price temporarily, but in the
long-term it doesn´t really matter at all.

Having said that, I still think that Satoshi is gone for good
and we will never see a movement of these early coins.

Does he also have the ability to see the future?
I mean, who would have known that price will deep this way. At that ATH in December, so many people bought then and are yet to see price come that high since that time  ;D

I often think, how important is this secret to be disclosed? I don't think it needs to be solved, this discussion only makes a doubt for crypto beginners, they must be afraid that bitcoin will run out of value

We can't be sure of it and no one can tell you us if satoshi is going to dump his bitcoins. We don't even know if he will show up someday or he's not with us anymore. He's really portraying the character of his creation and we can't even know if he's only one or its a team that worked hard to create bitcoin. If ever he dumps, there will be a lot of investors that will panic but the true crypto and bitcoin investors will buy those dumped bitcoins.

I dont think he will ever reveal himself

Unfortunately, he remains anonymous, still hiding his identity, I don't think he will sell his bitcoin, but he will keep him until many people will mine, so his mission is achieved.

The greatest plan I know that he will do is that he will sell bitcoin in accordance to the bubble of this year. Why I think about is that because his networth will truly rise significantly when bitcoin pumps in an extraordinary way. To that end, we must all aim what Satoshi have so that we can also have the maximum amount of profit we could have in our entire lives.

I don't think that Satoshi is going to come out anytime at least in the near future even if he is alive. Doing anything with his Bitcoins will give some kind of hints to the people who are aggressively investing regarding the identity of Satoshi. On the other hand, the decision of Satoshi of remaining anonymous is beneficial for the entire crypto industry.

I don't think he will sell his bitcoin because it will make bitcoin unworthy because the creator even sells it. all you have to know is the existence of satoshi, you need to know that Satoshi is still alive? Because he hasn't come online since 2010 and his wallet hasn't been touched from it so we can't be sure about his life.

It's okay if he sold off and invest in Gold. So he can enter the Forbes book of the fame and rich. But Satosi I believe will never do such a thing as he is not greedy about been rich but much concern on the freedom of the body from this current brutal financial system of the world that seeks to enslave the people.

Who says Satoshi did not have a separate secret stash and he sold that over time to live off the interest of that money? He

might have relocated to a 3rd world country and converted that money to the local weaker currency and living like a King?

Everyone is following those early coins, but he/she might have bought/mined some coins later on, when it was less noticeable.

There are simply too many people/agencies watching those coins, so I doubt that he/she would ever attempt to access/move

those coins.  >:(

 

Why would Satoshi want to sell his Bitcoins? I would hold on to them if I were him at least until they will reach 1 million dollars valuation per coin.

I don't know, but someday Satoshi will sell it, maybe not now but later, if bitcoin really ends...

he is the creator of bitcoin, and he more understands the bitcoin system, but I think that he doesn't know that bitcoin will have very high value in the future like today.

because what determines volatility is trading activity in each market, and of course, the market is influenced by external aspects.

no idea, obviously he is/they are using bitcoins, but I dont think they will announce that.

No!

It has been years of very supense around who is satoshi nakamoto. the question is, why does not Satoshi spend his coins? this is another point that has created many theories for years... if satoshi is dead or trapped somewhere that he does not have a computer and internet? maybe that explains why he did not use his coins.


Nice joke. Why would he create bitcoin? There's no sense in what you're saying.
 

No.

How do you know if Satoshi is a person or a team ? I personally believe that Satoshi is not an individual but a team of professionals. So if they come to a consensus then maybe they will sell. If such a large quantity is sold at as a single transaction then that could be a very volatile situation for Bitcoins as well as other cryptos. Anyways I do not expect for the creators of Bitcoin to sell their assets at this time.

Who the hell gonna sell those and buy fiat money. Satoshi is working the economy to help the poor to bank and unbanked surpass other emerging market especially those tangible product. Still Satoshi wants us happy to help other people

For the same reason anyone else would. Have you never sold any bitcoin you've ever had and are holding out for one million dollar price tag? You might be waiting awhile. What if that time never comes and bitcoin goes to zero before it gets anywhere near 7 figures? You've lost everything then. Have you ever thought that maybe satoshi doesn't really care about fame or fortune either?


Umm... how about the hundreds of thousands of people that are 'buying' fiat money everyday and selling their coins for cash. Anybody would be pretty stupid to keep all their money in one asset. I don't think you know what satoshi wants either and anything you say is just speculation based on nothing.

That's unlikely.We don't know who Satoshi Nakamoto is.Maybe this man is dead.If he's going to sell their bitcoins then the market will come to an end

Satoshi Nakamoto doesn't need money. It is important to technology and freedom from the state !!!

I think that he will not sell his million bitcoins)When there will be a chance to get rich so))) but try to raise the price of assets,I think he will definitely try again.The prospect of being the richest crypto billionaire pleases.And as the founder of the company,holding a larger stake is the right decision.I think of course he is already rich beyond your wildest dreams,the rest is a matter of principle)))

We don't know what is in the mind of Satoshi for now we will just hope that he won't sell his bitcoin easily or at one time so that bitcoin price will not dump that much, if he will decide to sell his bitcoins then it might be the end of bitcoin since people will be disappointed.

Which makes total sense. He could have had a mining rig already set up right when bitcoin was released or to achieve maximum stealth, he started mining when bitcoin has a little bit of a community so he can blend in. For all we know, he might be the buyer of the first coins that have been mined. It doesn't make sense to make something revolutionary, take some of it, build a forum for it, and then just leave it at that. Of course you're going to do something with it. You're going to make money from it. Because otherwise, that would mean that you never truly believed your creation.

Or are we in for a big surprise, everybody? :) We never know. What we can do is enjoy these days that Satoshi hasn't moved any of his known coins and hope for the best.

Sure, satochi will have plenty bitcoin but I don't think he will ever sell them and if he does. It will surely affect bitcoin and who knows maybe that will be the end of bitcoin

Hmm to be honest I'm not actually sure Satoshi is still alive. For some reason, I think this man died a few years ago. It is clear that these are my guesses and assumptions. In fact, I don't think he'll ever sell bitcoin if he's alive....

The question is "Does he still lives?".
I am okay if he is not.  ;D Although I really want to meet him.

Selling that kind of number of BTC's will be a problem. He could be traced doing it which I don't think he really want to happen.
But as a creator which he strive for all of this to happen I don't think he will ever sell it.

It will be better if bitcoin is used widely and with that he could easily purchase anything without anyone looking at its history.  ;D

I think not, because he's not that kind of person. He just came and gave us the technology of the future, he does not care about the money for it is important ideology. IMHO

I think all bitcoin sathosi has been sold all because the value has now exceeded the price when it was first made even millions of percent increase in its price

I dont think that the person like Satoshi is pursuing money, so it is most likely that he is not interested in selling Bitcoins, especially for this price, he waits probably :)

But I think that will not ruin their own offspring ! Satoshi Nakamoto is a great man who came up with a unique technology for many centuries ! And what makes you think he has that kind of money ?)

They will sell as like other traders,if they want money.Only difference is,we use to buy bitcoin with dollars.They will have 1 million bitcoin in his wallet.We use to mine to get huge bitcoin with some amount as investment.But he will had huge amount of bitcoin with him.He will hold his bitcoin for the future.Sell part of the bitcoin , whenever he wants money.

I want Satoshi to lose his private key and never find it.)Can you imagine what would happen to the market if it decided to sell all its coins?)

Maybe. Odako seems to me that he would have been extremely stupid to do it ... at least now. In the future, he will be able to get much more benefits. If at all he will ever use this account.

If ever satoshi or their group still hascthat huge amount of bitcoin i dont think he/they will be willing to sell it now for fiat.
The stash might be moved but not into fiat but into other coins in support of the vision that one day the current monetary system will be abolished.

I don't if satoshi sell his bitcoin or not because until now I did not see his face in public and even his real name, so if they already sold their bitcoin maybe we don't know but I don't think he sell all their bitcoin only few like hundreds thousands pieces of bitcoin are he sell.

No one knows, that is the only answer that we can give, we do not know if satoshi was just one person or a team, we do not know if he's still alive, however it's unlikely that he is going to move the coins and the reason is simple he probably knows that any movement in those coins will create concerns about the future of bitcoin, since it would seem as if he's trying to cash out and if the developer is trying to cash out then, why we should keep holding?

Bitcoin $6000 to $10,000 = 70% profit.

Gold $1200 to $2500 = 110% profit.

And i know where it was going if ever someone owned bitcoin, luckily he's(satoshi) wise enough to hide his identity to the government before they find him first. That's why we should have all lucky that Satoshi made bitcoin for the betterment in all of us without relying on the government banking system.

He probably sold some of his Bitcoins last year in December! :)

I strongly believe that he is such a committed person but not an angel without wings.

I think, yes, satoshi will sell him bitcoin. today, maybe Satoshi there is in the ranks of the whales who control the bitcoin market.

he will be part of the richest person in the world like bill gates. even his knowledge greatly affects the world economy.

Why did you bother to do the math for him? People shouldn't bother if he sells or not. Its irrelevant and brings out only useless conspiracies most of the time.

I want to believe he sold it long ago,since he said,he totally wants to leave bitcoin. satoshi shouldn't have left bitcoin and this forum.

besides the point of exposing himself to the governments , he will witness the end of something he built and for people like him , money isn't that much value comparing to make a new system replacing traditional money . it's better for everyone's sake that never happen especially while governments try its best to stop cryptocurrency .

No one knows the real identity of Mr.  Satoshi Nakamoto and I think if Mr.  Satoshi Nakamoto is real maybe he is the one who control the price of bitcoin.

If Nakamoto touch any of those coins that im sure he has ,I bet that the CIA,INTERPOL and superman will ask him some questions.

of course we do not know the thought of Satoshi Nakamoto who has very brilliant thinking, and I think he will not sell the bitcoin he has all but a little bit just to meet the needs needed

For me, as what I read and learn in this forum. Satoshi didn't sell or give his bitcoin. He keep for a long time. No one know where is it. And if satoshi sell or give it to the poor, what is bitcoin right now ?

I think Satoshi already sold his Bitcoin before, Bitcoin now already fully decentralized, but for me, if Satoshi has still Bitcoin, and he will sold it one time, Bitcoin will really dump, but for me, Satoshi is really believing that Bitcoin is  for long term position.

those 21,000,000 bitcoins are fake or tokens. If bitcoins are real Nakamato Satoshi should be proudly claim the success of bitcoin in front of the world.

Well, I think it's difficult to ask how many bitcoins satoshi has, because until now, there was no word about that. yeah, but I think satoshi chose to develop the bitcoin he had. but I don't know, maybe when satoshi sells bitcoin he has, it will be very influential on the crypto world.

I do not think he will sell since I doubt money was ever his goal. He is probably in general public working as me and you. Ever if he sells his bitcoin, governments will try hard to track him down.

Although I believe when he is one deathbed, he does reveals his identity.

Hi everyone. To start I would like to know who is actually Satoshi Nakamoto.

There is a very high probability that Satoshi will never sell off his Btc. If he ever does, then we are all doomed, that may act be the end of crypto. Besides no ones know who Satoshi is and whether he is alive or not. We have more important things to be worried about right now. A whale wallet holding about $1B worth of Bitcoin has just come alive, the wallet was said to be associated with the Silk Road scandal. Check out the full story here:
http://www.investing.com/analysis/1-billion-silk-road-bitcoin-whale-active-should-investors-be-concerned-200342252

If I assume that Satoshi Nakamoto is a man of creativity and critical thinker, I think he will sell his bitcoin once the value of Bitcoin reach its highest value compared to other cryptocurrency and current currencies around the world. It can surpass the annual budget of several governments in the world, even the institutions like the United Nations.

I don't think Satoshi's alive right now. There is no accurate information, but many people believe that he is no longer alive. And it is unlikely that he will ever use his bitcoins. Perhaps his children or grandchildren will withdraw these coins quietly. Although it is impossible in the blockchain. The potential of bitcoin is very high, perhaps once 1 bitcoin will be worth $ 1 million.

Well, no one know the total amount of Bitcoin Satoshi Nakamoto is holding is his wallet and even if he decided to sell some amount of the Bitcoin in his possession, it will be very difficult for any of us here to know.

Its not one person deciding, I think satoshi was the cover name for a group.  Even if BTC started off as driven mostly by one person the keys were probably handed over and divided so it would require more then one person deciding.

If they were active the market would discount this extra supply and he would not be able to sell before value dropped.   At present the market generally does count these tokens as ever likely to be used.   Im not sure if these unmoved coins are counted as part of the BTC market capitalisation

This is not about dream life and if he is still alive, I am sure that would not only be the coins he probably mined or could have had some in other wallets.

However, this is a dream that is already active, and I am not sure satoshi would want to make any move to destroy his own work which is one reason why I believe he would not offload all the coins in the market. He kept those coins for a reason and which we simply know was a very smart move to make. More like him having everything all planned out. If he wanted to sell, he would have sold part of it at least by now.

I think Satoshi must be thinking about the 1 million bitcoin they have will be used as something that can have an impact on the world. for now I am sure they have not sold the assets they have because they know the price of bitcoin will soar much higher than today  ;)

Prove it, the addresses belonging to satoshi are watched all the time not only by enthusiasts but probably by governments and security agencies all over the world, he cannot move his coins without the whole world knowing what he's doing that is the whole point of the blockchain where you can see every single transaction ever made, so unless you can prove it do not spread rumors that are not true.

Bitcoin founders must have sold his bitcoin mostly at the time of the maximum spike in bitcoin prices he will be the Forbes richest person  by now we if we can tracks thorough coin analysis audit

most likely this Satoshi has already sold some of the bitcoins they have but not all of them and they always provide improved algorithms to be able to get bitcoin.

He owns a lot of bitcoin and for sure he's already a billionaire so maybe he will keep on holding or he sold his coin already. We don't know yet, and we don't know if Satoshi still exist but no matter what he do on his coin, he deserve it and we should be thankful for that. If I were Satoshi, I will enjoy my life now with a lot of money and we have no choice but to let him do that.

If Satoshi is still alive, and the bitcoin he mining is still holding in his hands, i think he would cash out definitely, it is a huge fortune, i believe no one can resist this temptation.

yes of course satoshi will sell the bitcoin they have but I'm sure satoshi won't sell it all will definitely make gradual sales so as not to damage the price at the exchange place.

We will witness the end of something he built and for people like him , money isn't that much value comparing to make a new system replacing traditional money . it's better for everyone's sake that never happen especially while governments try its best to stop cryptocurrency .

It is very unlikely that satoshi is going to move his coins, he understands very well that if he were to do something like that then an uproar in the community will spread about what this means, also its impossible for him to move his coins without bringing a lot of attention to himself since I'm sure that there are many security agencies that will like to arrest the person that created bitcoin.

No. If he wanted to he could have sold his coins multiple times already, the prices have went up insanely and the dude is said to have like a million bitcoins and his address is known and his accounts are known, they are all inactive and Satoshi himself last said he is interested in some other project and apparently never became online ever again after that.

Considering this dude created bitcoin all by himself (well maybe got some help) he can certainly create some other huge thing and he probably never again had that money problem. He can also be dead considering his inactivity and not even responding.

If satoshi sell all his coins then the market will drop and altcoins will be the next cryptocurrency that will rule the market so he should not sell all his coins.

In my opinion Satoshi might still be alive and he might be slowly selling his coins backwards.

Basically if he sells the BTC that he mined in 2009, then its very easy to track him down and with all the wealth he possesses he might get tracked down, kidnapped, or even some governments might want to have a word with him.

He solo mined most of his coins in 2009, but how do we know if he didn't GPU mine some coins in 2010 with a mining pool which would of made the coins harder to link to him.

Plus we don't know his situation. He could already be a wealthy individual and he doesn't need anymore wealth.

When you got a $1 Billion US dollars, will another $1 Billion really improve your life? Its already more money that most people can spend in a life-time and why attempt and sell those early coins and get possibly tracked?

I think Satoshi is probably dead. None of his coins have moved so far.

who knows, I'm thinking that he is the reason of falling bitcoin price maybe he sold thousands of bitcoins. I'm sure that he still alive and not gonna reveal himself, he just enjoying life right now silently.

i think the probability that satoshi is either dead, or that he destroyed the private keys to his early mined BTC, are high. he acknowledged the implications of mass adoption (extremely high prices), but he seemed genuinely uninterested in making money off BTC.


satoshi came off pretty altruistic. given the lack of miners in the early days, why would he have any need to pool mine in 2010? anything is possible, but i sort of doubt that scenario given that he said this:

Satoshi had enough and even too much. As the creator of bitcoin, he can be one of the richest men on earth. I assume that if he sell his bitcoin, then that means he don't care for it anymore and maybe he is planning to create something new that's more better than bitcoin too.

Well, who knows? At least if we know who he or they are, we would have been able to ask to know if he is willing to sell or not. One thing for sure is that if this is a real person or a group of people, they would presently be one of the richest people on earth by now if they are to sell the coins.

I do not think there is any intention at all to sell this coins and for what it is, and probably would be kept till when bitcoin becomes a currency largely used for transactions as time goes on.

Yes I think so, as a bitcoin creator if he still alive of course he Will not sell his bitcoin because if he do that people will assume that is the end of bitcoin, bitcoin price also will decrease significantly and people will follow his step to sell all their bitcoin.

The value of everything in this world is is relatively connect to every persons inner contentment.  If and he is that rich and he eventually realizes that his life even how rich he is life still has a limit and upon realizing so possibly he will sell.

If Satoshi dumps his coins he will not be able to get billions because the price will go so fast to 0 that he will get stuck with most of the bitcoins with 0 value

Why would satoshi would sell it if he thinks he can improve bitcoin more and make a lot of money out from it in the future? I assumed that satoshi has the biggest number of bitcoin in possession which makes him a super wealthy man through his invention.

Unlikely, since he has not touched the wallets for all these years. In my opinion, these coins are lost probably.

Nobody will know as the decision is left for him.  However,  I pray he should not sell as this will pull the price down. Satoshi is the trustee of the cryptocurrencies and I doubt if he has greed in him.

However it's unlikely that he is going to move the coins and the reason is simple he probably knows that any movement in those coins will create concerns about the future of bitcoin, since it would seem as if he's trying to cash out and if the developer is trying to cash out.

I do not think satoshi will be panic or else he have fund for the rotation of bitcoin prices. He already rich and i think he do not need to sell his bitcoin hold and he only transfer it to his grandson or grand daugther and his family is have financial freedom until his 10th generation. Satoshi nakamoto is still unknown but we know how lucky he is because he create a currency that can change lives of many people.

You need facts to back this up otherwise it is just baseless speculation. If satoshi was going to sell his coins then he almost certainly would have by now. He probably either purposely abandoned them for fairness, or he's dead. Maybe both. I think there's more chance of a supercomputer cracking his keys at some point than him actually coming back.

Well like the other famous wealthy personalities of course they will sell it for good to find other businesses that it will make their assets to grow in multiple folds. This is the better way so that their hard earned creation will not be in vain because there is no point of keeping it forever in their wallet.

Maybe he was dreaming about $100k :D

Satoshi might have many dollars but it is up to him when to sell and when to buy more either on large scale or small but this is not known exactly how much he has? He will sell it when he think is the right time and is clear that he will sell in the most relevant time for huge profit. Same like Satoshi there are people who have big investments here will also wait till high market so that they may be able to sell it.

It is not only Satoshi but there are few other richest in the crypto market as well and they are also waiting for the right opportunity to sell it for plenty of profit. I think we should focus and accentuate on our future time as well may not just like Satoshi but we can try our level best in order to have a great time in high market. For this purpose we are to buy right now as much as possible according to our savings.

If the bitcoin creator doesn’t have that belief in he’s technology then he maybe do what you are saying mate,but this was only a action of fool person whos leaving he’s creation behind and just took the profit away

Satoshie nakamoto is bright enough to learn that if he holds the bitcoin upto the future he will gain more than what is in the picture lol

well, in this case, of course he will sell it. everyone needs friend's money, so of course he will sell it, either a lot or a little at a time, but out there, they are definitely planning something. whether it's to develop bitcoin, or something else.

I don't think it will be possible for Satoshi Nakamoto to only improve the security of the system and will make this bitcoin price so expensive that it makes bitcoin very rare and really expensive, so it feels very unlikely to be done by Satoshi Nakamoto.