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Bitcoin => Bitcoin Discussion => Topic started by: TIDOVEE on August 29, 2020, 06:02:20 AM



Title: Can Satoshi Stop bitcoin?
Post by: TIDOVEE on August 29, 2020, 06:02:20 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?


Title: Re: Can Satoshi Stop bitcoin?
Post by: 20kevin20 on August 29, 2020, 06:12:31 AM
To stop it "again"? Has he ever done that before?

No, he doesn't have the power to stop it. If anything, if he ever comes back, he might temporarily be able to strongly influence the market. Considering the immaturity of the markets, that's possible but wouldn't last too long though. Otherwise, it is pretty unstoppable. Why would you listen to a guy who disappeared for a decade and sell everything or suddenly stop using BTC because he says so? We already understand the system and we like it as it is.


Title: Re: Can Satoshi Stop bitcoin?
Post by: jpnl0006 on August 29, 2020, 07:05:48 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

The first question will be, why destroy a technology you built that is also functioning within the design specification. I do not see the reason for stopping bitcoin, it is unfortunate that even Saatoshi cannot stop it except he deletes the entire source code from the internet but i do not think he should.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Wexnident on August 29, 2020, 07:21:10 AM
Satoshi himself has no capability to stop it, and he himself should know it with how he built the blockchain system to work after all. This is basic of the basics though, and when has he ever stopped it to use the word "again" though? His influence could plenty be useful though in moving the market and influencing what movements could be possible in the market, but I doubt it would even happen at this point. Plus, if he decides to make himself show up and participate in the background coding or something of Bitcoin again, you'd expect a LOT of people to trace him, and no system is perfect and so you'd expect his real identity to be found out sooner or later. I really doubt he'd risk that after 10 years of not showing himself.

And let's be real, why would he even stop it? It's a medium that isn't on anyone's side, only the owner could decide what to use it for, good or bad, Satoshi just made the bridge at that point and anything that happens after shouldn't really be blamed on him or anything.


Title: Re: Can Satoshi Stop bitcoin?
Post by: mindrust on August 29, 2020, 07:26:25 AM
If he still owns the private keys of the coins he mined, he can create a huge selling pressure.

When people see that satoshi's coins are moving to the exchanges, this will create panic. Satoshi has around 1 million coins and anybody in the right mind will be afraid because the number is so huge, he can manipulate the market in any direction he wants.

On the top of that, satoshi is seen as the ultimate holder. If any coins move from his addresses, then it pretty much means the game is over. Run for your lives.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Lorence.xD on August 29, 2020, 07:27:15 AM
Satoshi himself has no capability to stop it, and he himself should know it with how he built the blockchain system to work after all. This is basic of the basics though, and when has he ever stopped it to use the word "again" though? His influence could plenty be useful though in moving the market and influencing what movements could be possible in the market, but I doubt it would even happen at this point. Plus, if he decides to make himself show up and participate in the background coding or something of Bitcoin again, you'd expect a LOT of people to trace him, and no system is perfect and so you'd expect his real identity to be found out sooner or later. I really doubt he'd risk that after 10 years of not showing himself.
God bless Satoshi's design to prevent people from exploiting it, aside the typical bitcoin/cryptocurrency related scams, it works like a charm, I can agree with the fact that Satoshi will not stop it. Why would you destroy your brainchild when it is clearly flourishing and helping people liberate from mainstream financial bollocks.


Title: Re: Can Satoshi Stop bitcoin?
Post by: roadrunnerjaiv2025 on August 29, 2020, 07:28:08 AM
"...do you think he has the capacity to stop it again?"

Did he stop it once before? It's hard to imagine that Bitcoin has some kind of a switch off button and that Satoshi would someday want to press it. I mean after all the difference it's made so far, there's no reason to stop it anytime soon.


Title: Re: Can Satoshi Stop bitcoin?
Post by: hatshepsut93 on August 29, 2020, 07:33:03 AM
There's nothing that suggests that Satoshi is Japanese, "Satoshi" is just a pseudonym, he could be from any country.

No, Satoshi can't stop Bitcoin, no one can, the worst thing he can do is publicly prove that he is Satoshi, denounce Bitcoin, then dump all his coins. This would be a very bad scenario for Bitcoin, the confidence of many users will be shaken, and the price will plummet to extremely low levels. But people who understand Bitcoin deeply would continue believing in Bitcoin, and with time it will recover.

This is the worst case scenario, it's extremely unlikely to happen.


Title: Re: Can Satoshi Stop bitcoin?
Post by: mk4 on August 29, 2020, 07:33:51 AM
He can't stop it whether Satoshi likes it or not. Well, unless he has enough funds to literally 51% attack Bitcoin for long periods of time; or, dump all his bitcoin holdings in one go, effectively chashing bitcoin's price. But yet, these stuff could only potentially damage Bitcoin in the short term, not necessarily stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: cryptomaniac_xxx on August 29, 2020, 07:40:24 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
Stop bitcoin? his code is open source so how can he stop it? Again, he has a Japanese sounding name, but it doesn't mean that he is Japanese, maybe it's just his pseudonym (fictitious name). And I doubt that he will destroy his invention. It has lived for more than ten years now, so it doesn't make sense for him to 'stop' it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: tranthidung on August 29, 2020, 08:13:59 AM
No one can personally stop bitcoin because it is operated with Proof-of-work algorithm. The only exception when bitcoin network stops working is no one on the planet mine bitcoin for a while [1]. Do you imagine when no one mine bitcoin on the planet, when there is appocalypse? I hope there will be no appocalypse because if it comes who will care about bitcoin. My life and my small family at that time will be the first priorities of mine.

[1] Remember it is for a while because bitcoin difficulty is adjusted after each 2016 blocks so if there will be a single miner, I imagine that the difficulty will be superb slowly adjusted but after a too long period, it will return to very early days of bitcoin network. Is it possible?


Title: Re: Can Satoshi Stop bitcoin?
Post by: TedMosby on August 29, 2020, 08:16:53 AM
IMO, satoshi can not stop it technically. because blockchain is immutable and decentralized.
but, with his power as a founder of the biggest cryptocurrency, there is a chance that he can shill people to stop using bitcoin. or maybe to move to a new kind of cryptocurrency.


Title: Re: Can Satoshi Stop bitcoin?
Post by: jademaxsuy on August 29, 2020, 08:20:03 AM
Yes, he can because this is his creation and anytime they can declare the technology to stop its operation but if I were Satoshi why to stop this when is earning too much in bitcoin? The system was really not worth it if you will going to imagine but because people wanted a kind of digital currency like this in a form of galmbling with profits that could be earn. If not with profits I doubt that only few people will going to invest in bitcoin because only few for now accept cryptocurrency as choice for payment.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Upgrade00 on August 29, 2020, 08:23:01 AM
On the top of that, satoshi is seen as the ultimate holder. If any coins move from his addresses, then it pretty much means the game is over. Run for your lives.
I don't think Satoshi moving his/her coins would mean game over at all. It would have a temporary effect and almost certainly create panic forcing many weak and even some strong hands to sell off and cause a dump, but this would not be a permanent damage and I would expect the market to recover after a while. There would also be absolutely no motivation to do this.

I'm not very tech savvy, but is there a possibility Satoshi may have left a back route of some sort into the network which can only be accessed through him/her?


Title: Re: Can Satoshi Stop bitcoin?
Post by: qwertyup23 on August 29, 2020, 08:58:18 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

I do not think so but his knowledge may influence or affect the price of bitcoins in the market if he wants to. As the creator of bitcoin, I am pretty sure he has some coins kept and stored (among the 21 million in supply) and he may control the price if he has majority of bitcoins.

IMO, satoshi can not stop it technically. because blockchain is immutable and decentralized.
but, with his power as a founder of the biggest cryptocurrency, there is a chance that he can shill people to stop using bitcoin. or maybe to move to a new kind of cryptocurrency.

That is true. The blockchain technology is so precise that every transaction cannot be altered and its decentralized nature makes it nearly impossible to try changing the blocks. Even if he was the one who created such genius technology, once its fully operational I do not think on how he can alter each block without trying to cause some problems or errors in the system.


Title: Re: Can Satoshi Stop bitcoin?
Post by: mindrust on August 29, 2020, 09:05:55 AM
On the top of that, satoshi is seen as the ultimate holder. If any coins move from his addresses, then it pretty much means the game is over. Run for your lives.
I don't think Satoshi moving his/her coins would mean game over at all. It would have a temporary effect and almost certainly create panic forcing many weak and even some strong hands to sell off and cause a dump, but this would not be a permanent damage

Mind that we are talking about 1million coins here. not 1000, not 50k, not 100k.

The market cap of 1 million btc is right now... well it is a lot of zeros. ~$12B. Wait... Now when I made this calculation you again made me realize how deeply we are fucked with Tether. I just remembered tether's marketcap ($10b) and it is almost as big as satoshi's stash.


Title: Re: Can Satoshi Stop bitcoin?
Post by: boyptc on August 29, 2020, 09:23:01 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
It wasn't claimed that satoshi lives in Japan. Obviously, with that pseudonym, it is easy to identify that it's a Japanese name.

But it was never claimed and verified that it's his actual identity.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Sebas.tian on August 29, 2020, 09:26:13 AM
He hasn't stop Bitcoin before and can't stop it again. The project has grown beyond one entity as such Satoshi Nakamoto can't stop the spread of Bitcoin or it existence. Though, the only means anyone even Satoshi Nakamoto can stop Bitcoin is only if he can have 51% attack as many have said on this platform. According to many, this can be done with huge funds and at the moment seem impossible. He can only distort the market if he eventually push  his holdings into the market, but can't stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: cryptoperkele on August 29, 2020, 09:42:48 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

Stop it how exactly? He could manipulate the markets by suppressing the price or causing a flash crash that could take years to recover from, but that's really all he could do. He build it so that no one man can control it. Decentralized.


Title: Re: Can Satoshi Stop bitcoin?
Post by: rhomelmabini on August 29, 2020, 09:44:58 AM
I don't think he can stop it, there's no push button that will likely to make that a reality. He may have the ability to drive the market because of his holdings but that doesn't mean it will be the focal factor of its stoppage.

Stop or not the underlying technology behind has already been known and understood now, we have to thank him/her/them for that invention.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Lucius on August 29, 2020, 10:17:37 AM
I wouldn't worry too much about the real Satoshi appearing, because I doubt very much that he would ever do anything bad to what he created - and the assumptions that he mined as much as 1 million BTC are just assumptions, it's never fully proven. What can pose a real danger is that someone else comes into possession of these private keys, and introduces himself as Satoshi and begins to spread some destructive ideas.

If someone ever signs an address that is thought to belong to Satoshi, it doesn't mean it's really him - it's something that should definitely be considered if it ever happens.No one can stop Bitcoin, but the various Faketoshi we have today and those yet to come will surely work to try to create some new real Bitcoins.


Title: Re: Can Satoshi Stop bitcoin?
Post by: LogitechMouse on August 29, 2020, 10:34:51 AM
I didn't think that things like this will happen in the future.
We don't know if Satoshi is still alive too right now so he can do it but I doubt that this will happen.

Although if Satoshi is holding the keys for the 1 million Bitcoins then Satoshi can sell it at once or little by little to make the price plummet anytime. Anyway, I don't think that this can happen since it is already decentralized. I don't think that anybody can stop it right now, even Satoshi the creator.


Title: Re: Can Satoshi Stop bitcoin?
Post by: ReiMomo on August 29, 2020, 10:41:52 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
If you have been accomplished such wonderful things and you are a creator. Would you able to destroy this even it took for how many years before you build the system? I don't think if he created bitcoin for only days or weeks, my guess it is years before he/they completed the code of bitcoin. So, what is the purpose of destroying this?

Satoshi Nakamoto has nothing to do with bitcoin even if he reveals his self. The demand and supply were on the hand of bitcoin believers as an holder, that's the price works on.



Title: Re: Can Satoshi Stop bitcoin?
Post by: Zackgeno96 on August 29, 2020, 10:42:01 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
No, now the bitcoin project is bigger than the pet project of Satoshi which he created. Now the only possible thing he can do is either sell his bitcoins for making the market fall and that too can't hurt the market in the long run as the market would again bounce up and cover all the losses. So, I guess it will be good for him to do whatever he is doing right now, just wait and watch the bitcoin grow and when ready to reap the profits by selling his bitcoins, this will be fruitful for him as well as for the community too.


Title: Re: Can Satoshi Stop bitcoin?
Post by: davis196 on August 29, 2020, 10:46:47 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

Do you think that Satoshi Nakamoto is the "owner" of Bitcoin?
Do you really understand the term "decentralized"?Bitcoin is decentralized,which means that no single person(even Satoshi Nakamoto himself) can change the blockchain without the support of the majority of Bitcoin miners and users.Consensus is need,in order to fork the BTC blockchain.
If the real Satoshi appears out of the shadows,he will have to prove his identity in a way that leaves no doubt,that he is the one and only creator of Bitcoin.
By the way,I don't remember Satoshi ever claiming to be a Japanese citizen.



Title: Re: Can Satoshi Stop bitcoin?
Post by: minairia3 on August 29, 2020, 10:49:52 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
Satoshi's name is barely just an alias. But no one knows what nationality he has, he could be a slang european or american. I wonder why Japanese name is the one he chose for his nickname.

The bitcoin technology has been deploy. Even Satoshi came back there is no way to stop and even eradicate it. The 21million bitcoin will remain and will circulate even 50years from now.

But with the bitcoin he has, he can manipulate the market to direction he wants. But that would be impossible to happen since his absence.


Title: Re: Can Satoshi Stop bitcoin?
Post by: btc_angela on August 29, 2020, 10:57:08 AM
How? But dumping his stash of bitcoin? but altering the code? I don't think so. Satoshi is not that dumb to do stupid things at this point. The only way to stop bitcoin is through 51% attack but that will be costly and no one will try to attempt it, because they are just going to waste their money and it is not sustainable.


Title: Re: Can Satoshi Stop bitcoin?
Post by: kayvie on August 29, 2020, 11:04:12 AM
do you think he has the capacity to stop it again?
What do you mean by stopping it again? I don't remember or see anything in history that satoshi nakamoto stop it before. What I know is, his real identity and whereabout is unknown. It also means that bitcoin continue to move forward and no one stop it before, not even satoshi himself.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Jating on August 29, 2020, 11:04:41 AM
do you think he has the capacity to stop it again?

Satoshi never did try to stop his invention, in fact once he released the first version, he and other early bitcoin developers try to improved it and make it resistance to attack and weed off bugs, like this one, Strange block 74638 (https://bitcointalk.org/index.php?topic=822.0).

If he chooses to sell some of his early bitcoin, it might cause a panic, but there are still around ~3 BTC to be mine so I guess it will recover.


Title: Re: Can Satoshi Stop bitcoin?
Post by: stompix on August 29, 2020, 11:08:28 AM
[1] Remember it is for a while because bitcoin difficulty is adjusted after each 2016 blocks so if there will be a single miner, I imagine that the difficulty will be superb slowly adjusted but after a too long period, it will return to very early days of bitcoin network. Is it possible?

There are two scenarios:
- some country having more than enough miners located in it jurisdiction decides to storm the farms and trash it, (this could only be in happening in China), if indeed 60% of the hash rate is taken out and it happens exactly after an adjustment then you're looking at 42  days of 2 blocks per hour network capacity, with a maximum of 200k tx getting confirmed a day. And what is worse, is that after that they could put the hash rate back in action, the next period will happen in 5 days rather than 14, and then play again.
- somebody with extreme large pockets starts taking over enough mining farms buying them and then shuts them down or ..directs them to mine a shitcoin I should not name.

As returning to the early days, that would be impossible.
For example, the hashrate in May 2013 was at around ~100TH/s, nowadays a single S19Pro can do that, no, it would be straight impossible to see again anything below 2014 levels. We have miners here n the forum with more than 1-2 PH of hash that would probably mine for while even if the network is hit by an attack

Although the network would survive its confirmation capacity will be greatly affected and so will the trust in the coin, in my opinion, far worse than a dump with all of Satoshi's coins.

For Satoshi...what if the CIA comes in the open and signed a message and discloses all information on how they've created it all?  ;D
Damn, that would be a shitshow worth watching!!


Title: Re: Can Satoshi Stop bitcoin?
Post by: serjent05 on August 29, 2020, 11:16:19 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

Definitely not.  I think so because Bitcoin had climbed to what it is right now without the guidance or governance of Satoshi.  If ever there is a change of wind and Satoshi does appear telling us that we must stop Bitcoin, I think it will only have an effect for a very short time.  Possibly a crash in price but eventually Bitcoin will recover.

Bitcoin survived and flourish without satoshi so I believe that Satoshi can't stop Bitcoin to thrive.


Title: Re: Can Satoshi Stop bitcoin?
Post by: larus on August 29, 2020, 11:18:41 AM
He could manipulate the price but he don't have "kill switch" of the network. The power of decetnralization


Title: Re: Can Satoshi Stop bitcoin?
Post by: rexxarofmoknathal on August 29, 2020, 11:31:11 AM
do you think he has the capacity to stop it "again"?

You're saying this as if Satoshi has already been involved in stopping it. That's just WRONG!!!
For what we know Satoshi might just be an alias either for an individual or a group and even if this referred to a group then as a group of individuals they won't be able to stop BTC.

The highest effect this may lead to might be strong market positioning but not much other than that because the network has grown so much that the influence and power doesn't lie with anybody but the consortium made up of every major BTC holder.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Slow death on August 29, 2020, 11:41:34 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea

he really created something very good that is causing many very good changes

we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen.

truth

Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

you said yourself that there is no government capable of stopping bitcoin now that it is well known, so why do you think satoshi Nakamoto alone could stop bitcoin? understand the following:

Bitcoin enabled the mining business that made many large farm owners wealthy

Bitcoin allowed Antiminer business

Bitcoin enabled Exchanges trading that allowed many exchange owners to become rich

Bitcoin allowed ICOS and many altcoins that made its creators rich to exist

at that point satoshi is no longer relevant and there is no way to stop this system that is totally out of his control, the maximum that satoshi can achieve would be to temporarily affect the price


Title: Re: Can Satoshi Stop bitcoin?
Post by: shoreno on August 29, 2020, 11:42:47 AM
do you think he has the capacity to stop it again?

wait , did he stop btc before ? because you ask if he will stop it again . i didnt feel that happened or im only late to enter in the btc realm  .

 he is the inventor therfor he controlls everything  , he will stop it when he sees that btc aint doing any good but so far we all see that btc brings positive effect compare to its side effect or negative effects so il say that he will not stop it yet  .


Title: Re: Can Satoshi Stop bitcoin?
Post by: VanityWallets2015 on August 29, 2020, 12:23:07 PM
If we consider that Satoshi holds majority of overall percentage of Bitcoin, he can shift the market.
But as stated that Bitcoin, cryptocurrency in general in widespread now, it won't just stop.
Satoshi may have eminent influence over Bitcoin but not on extent of stopping its existence.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Upgrade00 on August 29, 2020, 12:37:07 PM
If we consider that Satoshi holds majority of overall percentage of Bitcoin, he can shift the market.
Satoshi is estimated to own about 1 million bitcoins, with the current supply, that's just above 5% of overall percentage, if we consider lost bitcoins, that value of Satoshi's stash would go higher.
If you meant it is the largest personal stash of anyone, then that is almost certainly right.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Assface16678 on August 29, 2020, 12:44:50 PM
Just got curious what stop again? Does the bitcoin already stop? As far as I know, it doesn't stop and never be.

Also, the bitcoin is a decentralized right now even Satoshi wants to stop this it can't because there are a lot of people right now makes an investment with this coin also there are a lot of people which is investors with large amount also known as whales will make a large amount of loss on it which is a cause of loss of a large amount of money.



Title: Re: Can Satoshi Stop bitcoin?
Post by: The Cryptovator on August 29, 2020, 12:57:41 PM
As far as I know, technically no one has the right to stop any open-source decentralized cryptocurrency after deployed. Because if someone runs nodes & continues mining then it will exist. For example, if everyone stops store blockchain and stop mining, then you can start yours, so Bitcoin will live on the blockchain. But if satoshi wants then he could make trouble emotionally. If he can sign a message from his owned address and start selling or manipulating then we will encounter huge problems. Or if he stands against bitcoin then the community will break down and we can say the game of bitcoin would almost over. But I don't think it will happen. Who will destroy his own worlds which have created by himself? But remember, the value of bitcoin is different story.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Lizzie_Girl on August 29, 2020, 01:11:36 PM
I don't think so. Satoshi designed Bitcoin so that it cannot be stopped. Why would someone stop their own creation, unless it was evil?

As far as I know, technically no one has the right to stop any open-source decentralized cryptocurrency after deployed. Because if someone runs nodes & continues mining then it will exist. For example, if everyone stops store blockchain and stop mining, then you can start yours, so Bitcoin will live on the blockchain. But if satoshi wants then he could make trouble emotionally. If he can sign a message from his owned address and start selling or manipulating then we will encounter huge problems. Or if he stands against bitcoin then the community will break down and we can say the game of bitcoin would almost over. But I don't think it will happen. Who will destroy his own worlds which have created by himself? But remember, the value of bitcoin is different story.

It isn't really about rights. It is more about if it is possible or not. It's sort of like asking if someone can end the internet. We far too invested in crypto to have it go anywhere, anytime soon.


Title: Re: Can Satoshi Stop bitcoin?
Post by: molsewid on August 29, 2020, 01:36:19 PM
This is a very interesting question. I think Bitcoin is designed to become unstoppable because if somebody can stop it, nobody will risk their money on the bitcoin world.


Title: Re: Can Satoshi Stop bitcoin?
Post by: k@suy on August 29, 2020, 01:42:02 PM
This is a very interesting question. I think Bitcoin is designed to become unstoppable because if somebody can stop it, nobody will risk their money on the bitcoin world.
I am forever thankful to Mr. Satoshi Nakamoto for giving us a chance to be a part of crypto world and also for inventing this one of a kind creation which is BITCOIN. Because without this crypto world and the crypto currency, I don't see myself working this hard, posting everyday just to earn a real and great amount of money and also meeting and having chitchat with other people in cyber world.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Sonu789s on August 29, 2020, 01:56:29 PM
I think that  Satoshi cannot be stop bitcoin . Nobody it's control because it's unstoppable and I very thankful Satoshi Nakamoto whose is giving chance to earn . it's a easy platform to earn. Now a most of people invest bitcoin  and huge company also involved in this.


Title: Re: Can Satoshi Stop bitcoin?
Post by: coolbaughandrew on August 29, 2020, 01:57:39 PM
If Bitcoin was centralized currency, Satoshi would be able to stop it one day. Due to the decentralized nature Bitcoin is unstoppable.


Title: Re: Can Satoshi Stop bitcoin?
Post by: lepbagong on August 29, 2020, 02:02:27 PM
This is a very interesting question. I think Bitcoin is designed to become unstoppable because if somebody can stop it, nobody will risk their money on the bitcoin world.
yes, of course something is impossible if someone wants to lose money by investing in bitcoin if there will be a stop bitcoin. Of course all of them invest because they desire that they get a profit that does not want to be small but also large.
only people are stupid if they give their money to lose, hopefully that doesn't happen.


Title: Re: Can Satoshi Stop bitcoin?
Post by: eaLiTy on August 29, 2020, 02:15:55 PM
Although if Satoshi is holding the keys for the 1 million Bitcoins then Satoshi can sell it at once or little by little to make the price plummet anytime. Anyway, I don't think that this can happen since it is already decentralized. I don't think that anybody can stop it right now, even Satoshi the creator.
There is no way that anyone could sell a million coin all at once  :D. The only possibility is to sell those over the counter and it will not enter the general exchanges and it will not make a major difference in the market. Suppose if you have 1000 BTC and you put a sell order in the market in any exchange you cannot sell the coins until there are enough buyers, you really cannot plummet the market unless you are selling way below the market price.

Satoshi wants his privacy and there is no way he is going to verify his identity in every exchange to sell off his coins. Satoshi left the project by 2010.


Title: Re: Can Satoshi Stop bitcoin?
Post by: YOSHIE on August 29, 2020, 02:28:06 PM
do you think he has the capacity to stop it again?
To stop something especially about a digital currency like Bitcoin is not easy.

To stop Bitcoin you must first know the background related to Bitcoin, such as: companies, administrators, and many others, 'not easy for that' even though you know Satoshi Nakamoto, by nature, but never know where he and his company or employees control Bitcoin, Satoshi, only names, like ghosts, do not exist in real life.

In running Bitcoin or managing Bitcoin is not a commercial company or anything like that, the heart of Bitcoin, transactions, circulation, are run by a group in the mining process, with this kind of method Bitcoin can run and continue to transact until all time is guaranteed just by confirming it.

I am sure you will never be able to stop 'Mining', Bitcoin cannot be stopped, if this cannot be stopped, don't try to stop Bitcoin circulation, I guarantee you will definitely go to a mental hospital.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Ridwan Fauzi on August 29, 2020, 02:53:53 PM
Sorry for my lack knowledge against him but I just wondering that was he really stated that he jappanese? Where he revelead it?

I don't think he will do that, that would be something insane if he try to destroy what he was started. Bitcoin is a new technology based on the trust and it has successfully being trusted by most people in this world. Also with an open source system where the people can develop it freely don't know if he is able to stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: adzino on August 29, 2020, 03:05:55 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
Bitcoin is decentralized like he wanted it to be. So he has no control over bitcoin and he cannot stop it even if he wants to. But his decisions will have some impact to some extent (and many people think for this reason he kept his identity a secret so that people don't think he is the leader of bitcoin).
He won't be able to destroy it, but if he still have access to his funds, any movement will cause huge short term impact on the price!


Title: Re: Can Satoshi Stop bitcoin?
Post by: coolcoinz on August 29, 2020, 03:10:36 PM
He could do a lot of harm to Bitcoin if he really wanted to. Need some examples?
Imagine Satoshi coming back, proving he's the one by signing messages, moving coins around, then engage in politics. Say he's an illuminati or a part of the NWO and his aim is to put the world into a state of chaos, then dump some of his coins and crash the price. We'd witness panic like no other, I'm telling you.

Will it happen? No. I believe Satoshi will never come back. He's most likely dead.


Title: Re: Can Satoshi Stop bitcoin?
Post by: kryptqnick on August 29, 2020, 03:41:12 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
I support the question 'why again' because Satoshi or anyone else never stopped Bitcoin in the first place. Moreover, the Japanese pseudonym does not mean citizenship, and citizenship or place of residence of Satoshi remains unknown. Not to the main question of stopping Bitcoin. I am not 100% sure, but to the best of my knowledge decentralization successfully prevents anyone from destroying the blockchain. Satoshi could cause financial damage to many by selling those coins, but even this would be a temporary thing. This person is also most likely to find a vulnerability that would allow to somehow double spend (there were similar bugs already) or do something like that, but given that there's an active dev team, there is a good chance this would be discovered. So no, I don't think he can stop Bitcoin, make it disappear.


Title: Re: Can Satoshi Stop bitcoin?
Post by: enterprevic2 on August 29, 2020, 03:44:22 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

So you feel he has the kill switch?


Title: Re: Can Satoshi Stop bitcoin?
Post by: piebeyb on August 29, 2020, 03:57:20 PM
Good thinking, I think it can't be stopped because the society is big enough now, it looks like satoshi won't come to the surface to stop what he has created so far, bitcoin will always remain


Title: Re: Can Satoshi Stop bitcoin?
Post by: bayu7adi on August 29, 2020, 04:14:45 PM
He can't stop it whether Satoshi likes it or not. Well, unless he has enough funds to literally 51% attack Bitcoin for long periods of time; or, dump all his bitcoin holdings in one go, effectively chashing bitcoin's price. But yet, these stuff could only potentially damage Bitcoin in the short term, not necessarily stop it.
logical ... I also believe that when there was a panic over the release of 51% of the total bitcoin supply, I think it only resulted in a sudden drop in prices.  The chart will show us some very steep descents.  this could be a nightmare for holders, and a beautiful dream for newcomers.  Holders only have the option to hold back and emotion to wait for the price to recover upwards again ... it may take a little longer, but the aftermath is, the development of bitcoin will be even better because the inventor can become the sun for the whole bitcoin family.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Bitcoin_bullish on August 29, 2020, 04:21:45 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

I have read most of Satoshi messages and posts on forums and I don't think he ever claimed to be a Japanese citizen. Even if he did why would Japan have the power to stop it? The code is open source and everyone can contribute or research.

There is no hidden code that a single entity can activate and stop Bitcoin. This is IOTA bullshit. It doesn't matter if someone in the community is considered powerful or someone has billions of dollars. It is consensus between all the parts that constitute the Bitcoin community that decide the fate of Bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: aryadiningrat123 on August 29, 2020, 05:00:05 PM
maybe it could be if bitcoin becomes more unstable or detrimental to other people who use bitcoin, because at any time bitcoin can be lost without us knowing it and satoshi erases bitcoin and all cryptocurrencies around the world


Title: Re: Can Satoshi Stop bitcoin?
Post by: OroroMunroe on August 29, 2020, 05:14:12 PM
Satoshi created Bitcoin to rid us of masters who have authority over us. This includes Satoshi himself. It was an invention to allow us to be Sovereign, and it works. His success is that he has no power... but we do.


Title: Re: Can Satoshi Stop bitcoin?
Post by: BITCOIN4X on August 29, 2020, 05:43:16 PM
I think its a really ridiculous question about Satoshi's capacity. If Satoshi is still alive then I believe he can still do anything for bitcoin because he was the inventor. But are you sure that someone will tearing down his crown of success just to look crazy ?



Title: Re: Can Satoshi Stop bitcoin?
Post by: posi on August 29, 2020, 05:43:58 PM
Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
No. Despite that  I dont see a reason why someone will decide to stop or destroy what he worked hard and labor for
Meanwhile, you need to understand that bitcoin is run and operated by the community notdecideshi. However, the things Satoshi can do now is cause the sump in peice of the market if he decide to dump his holding or join the core Dev community.


Title: Re: Can Satoshi Stop bitcoin?
Post by: goldade on August 29, 2020, 06:00:35 PM
I do not think Satoshi has the ability to stop bitcoin.
Bitcoin has gained a significant amount of recognition. Although it still has a very long way to go in terms of adoption, it has undoubtedly come a long way too and as such, I believe it is now out of the power of Satoshi to stop bitcoin. Although he created it, remember it was created as a decentralized currency, one not meant to be controlled not even by the government
Secondly, even if he does have the power to stop bitcoin, it would be totally unreasonable to do so. Totally ridiculous to stop something as great as bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: imstillthebest on August 29, 2020, 07:51:58 PM
Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
No. Despite that  I dont see a reason why someone will decide to stop or destroy what he worked hard and labor for

So many people hate btc and they try to take it down and thier reason is that they are jealous  .

 They want their coin to be on the spot of btc and they want their coin to be the next btc but I don't think Satoshi himself will destroy what he created because he is proud of it . We can feel the same if we built something and we will only develop it to perfection  , not to destroy it .


Title: Re: Can Satoshi Stop bitcoin?
Post by: casperBGD on August 29, 2020, 08:54:45 PM
Why was bitcoin invented in the first place? I would say for a decentralized system. If I’m right then the aim has been achieved and we are not in any risk of loosing that or getting it changed. If I were him, I would be on my lazy chair enjoying every bit of life the way I could rather than destroying a great invention like bitcoin.

it is not up to him at the moment, it is decentralized and nobody could destroy it, expect in the case that nobody use it and then miners will give up, until then there is no possibility for one man to destroy it
what he can do is to sell his BTC on the market, which could influence large price drop, but that is another topic


Title: Re: Can Satoshi Stop bitcoin?
Post by: pixie85 on August 29, 2020, 09:30:05 PM
At this point all he could do is influence  the price.

Even without access to genesis coins Satoshi would be able to incite a dump. His comeback would scare some whales for sure. I think that with Satoshi Back we'd be at 3000 if not lower.


Title: Re: Can Satoshi Stop bitcoin?
Post by: minersday on August 30, 2020, 03:22:05 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

In my personal opinion, once satoshi created Bitcoin and its blockchain technology, it is quite possible for satoshi to stop the function of it.  Just like creating your own technology or software, there are huge possibilities of splitting the codes of the software apart. I see the possibilities of satoshi stopping Bitcoin if satoshi decides to bring an end to the entire ecosystem of Bitcoin. Satoshi created Bitcoin and can definitely bring or stop Bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: rodskee on August 30, 2020, 04:22:20 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
have Satoshi stopped Bitcoin for the First time?where did the word "AGAIN" came from?

No Satoshi has no capacity or power over Bitcoin now and that is the reason why People are supporting this currency because of its independency
and this is one thing that we must be thankful about.

Actually this same idea why we are seeing too much support on this currency over other cryptos because of security and assurance.
Though we Don't know in future if there are other great mind that can break the blockchain but i doubt there will be one now or in near future.


Title: Re: Can Satoshi Stop bitcoin?
Post by: CryptopreneurBrainboss on August 30, 2020, 04:38:22 AM
Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

What makes bitcoin different and unique is that it's a open source code development perfected by the community and not some centralized dominant CEO like other digital currency before bitcoin has and also some other crypto in the space like ETH. Satoshi has no say in what goes on in the bitcoin advancement. He doesn't have the power to shut it down, infact no one does.

The only influence Satoshi has right now is the power to cause fud or fomo from his reappearance into the space and maybe air his views on what's currently ongoing in the community but I doubt that'll even happen. Satoshi knows his present won't be best for bitcoin that's why he disappeared and it's a good thing.


Title: Re: Can Satoshi Stop bitcoin?
Post by: BITCOIN4X on August 30, 2020, 05:12:10 AM
The only influence Satoshi has right now is the power to cause fud or fomo from his reappearance into the space and maybe air his views on what's currently ongoing in the community but I doubt that'll even happen. Satoshi knows his present won't be best for bitcoin that's why he disappeared and it's a good thing.
Satoshi can still lower the price of bitcoin in no time (if he want and he come back) because he has some bitcoin in his wallet. If all the bitcoin Satoshi owned were sold on the market, the market would instantly turn into a bear market and that would be much worse than the whale could do.

I dont doubt Satoshi's capacity as a bitcoin creator, and I believe he can still do some thing with bitcoin and the community and this is an unsolved mystery since then and that is his existence.


Title: Re: Can Satoshi Stop bitcoin?
Post by: mr.smith on August 30, 2020, 05:13:37 AM
At this point all he could do is influence  the price.

Even without access to genesis coins Satoshi would be able to incite a dump. His comeback would scare some whales for sure. I think that with Satoshi Back we'd be at 3000 if not lower.


I hope he will not even think of dumping even half of his shares if he still accesses to his shares, the 1 million Bitcoin that is in that wallet is enough to cause panic and dump of the price, this is something that can the community is wishing that he will not dump his shares or he lose access to his shares and so that Bitcoin is stuck forever in that wallet.  


Title: Re: Can Satoshi Stop bitcoin?
Post by: CryptopreneurBrainboss on August 30, 2020, 05:24:26 AM
If all the bitcoin Satoshi owned were sold on the market, the market would instantly turn into a bear market and that would be much worse than the whale could do.

Don't be surprised it might not go as you think. Those coins are already tagged that of Satoshi and I'm very positive there is already been system put in place to keep track of them. We have those or group of whales who'll be willing to take all out if his wallet if he ever think of selling them but of course that's just our imagination because nobody intentional want to lose money as Satoshi knowing fully well the capacity of bitcoin disrupting the economy won't want to let go of his bags.

In a situation where your scenario turns out to become the case then as always we'll still recover from the bear market. That's not new to us as the market has constantly been doing that in the period if the last 10years. In conclusion, Bitcoin is now bigger than Satoshi Nakamoto.


Title: Re: Can Satoshi Stop bitcoin?
Post by: dondonk on August 30, 2020, 11:08:14 AM
Because bitcoin technology is already big and has a lot of users like now, maybe even Satoshi Nakamoto can't just stop bitcoin, because in the system alone bitcoin is not centralized. meaning that everyone can control their own bitcoin. but what is possible is to reduce the circulation of the number of bitcoins slowly.


Title: Re: Can Satoshi Stop bitcoin?
Post by: welovedcrypto on August 30, 2020, 11:22:04 AM
+2 Merit for such a interesting topic. I got to learn more things from comments and I found they are already got merit but you didn't  ;D.
In my opinion Satoshi can't stop bitcoin and no one else can stop it even Jeff Bezos  :D


Title: Re: Can Satoshi Stop bitcoin?
Post by: Taskford on August 30, 2020, 11:33:41 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

Before questioning that you should ask yourself if why would Satoshi do that? Bitcoin is so successful right now and I don't even think that will happen so no owners will stop their business or creation if it gets a huge success the price of bitcoin is much appealing so provably this will never be stop by him at any cost. Maybe if regulatory bodies will stop the bitcoin maybe there's a chance for stoppage.


Title: Re: Can Satoshi Stop bitcoin?
Post by: DougM on August 30, 2020, 12:05:06 PM
If he still owns the private keys of the coins he mined, he can create a huge selling pressure.

When people see that satoshi's coins are moving to the exchanges, this will create panic. Satoshi has around 1 million coins and anybody in the right mind will be afraid because the number is so huge, he can manipulate the market in any direction he wants.

On the top of that, satoshi is seen as the ultimate holder. If any coins move from his addresses, then it pretty much means the game is over. Run for your lives.
Yes, I was thinking along the same lines.  Estimates range of Satoshi mined coins to be from ~800,000 to 1.1+ MILLION.  Today there is ~18,474,000 coins in circulation with only 900 coins mined (added to circulation) each DAY.  Imagine the impact of Satoshi  dumping, say, 1,000,000 coins overnight on the market? That is roughly 5% of the entire amount of coins circulated.  Think about the impact to the gold market if someone suddenly wanted to sell 5% of all of the gold ever mined all of a sudden  ??? 

Technically it is ~5% of the existing coins in circulation, but Satoshi's coins have been dormant over 10 years so some started to wonder if they were lost for good (fun fact the last suspected 'spend' transaction for Satoshi took place on July 22, 2010...if you are interested in a technical analysis of Satoshi's other suspected spent coins see my recent thread Chain Archaeology revisited -- suspected Satoshi SPENT blocks analysis (https://bitcointalk.org/index.php?topic=5271612.0) ) 

snip technical blah...blah....
To be honest I was secretly hoping that Satoshi's special miner was simply burning the coins he mined to keep bitcoin going in the early days, but now I don't believe that is the case.  I guess he had to test out his wallet code he was actively involved in developing/maintaining before he move on so why not stress test it with his own massive coin collection?  ;)

I now believe, and fully expect, that some day Satoshi's coins will surface only to prove to us that Satoshi is even smarter than we all believed and be crowned as the ultimate HODLer....I just hope Satoshi's coins don't appear all at once  :P


Title: Re: Can Satoshi Stop bitcoin?
Post by: BlackFor3st on August 30, 2020, 12:26:14 PM
If he is the only one who created or invented the bitcoin then I am pretty sure that he knows also on how to stop or dismantle it. But I am not 100% confident with it as I am not a professional one in terms of blockchain.

But most of the creators knows how to stop or dismantle their creations, that is my basis only but we are talking to blockchain so I am hoping that I am wrong so we can still use
bitcoin without worrying anything.


Title: Re: Can Satoshi Stop bitcoin?
Post by: 20kevin20 on August 30, 2020, 01:30:51 PM
If he is the only one who created or invented the bitcoin then I am pretty sure that he knows also on how to stop or dismantle it. But I am not 100% confident with it as I am not a professional one in terms of blockchain.

But most of the creators knows how to stop or dismantle their creations, that is my basis only but we are talking to blockchain so I am hoping that I am wrong so we can still use
bitcoin without worrying anything.
There's just literally no way he can do it, unless he's working with the government (or is the government itself) - and then you'd have to wonder whether the costs are really worth it. They probably aren't - while first it might've been a cryptocurrency they felt were losing control over, today the gov has enough resources and tools to successfully trace probably more than 85% of the crypto wallets.

Inventing something doesn't necessarily mean you also have the perfect weapon against it or know how to "dismantle" your invention. All satoshi can really do is either influence the majority to transform Bitcoin into the opposite of Satoshi's whitepaper or somehow obtain 51% of the hashing power and use it against us. Other than that.. it is what it is. :)


Title: Re: Can Satoshi Stop bitcoin?
Post by: joinfree on August 30, 2020, 03:04:56 PM
No, and I don't see any reason why he would ever want to do that seeing the revolution he has caused in the financial industry. Moreover, the power supporting the bitcoin network is now decentralized and in the power of the people hence Satoshi can't stop it but he can surely threaten the market if he decides to move the genesis coins and dump them.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Anna138 on August 30, 2020, 04:51:32 PM
No, and I don't see any reason why he would ever want to do that seeing the revolution he has caused in the financial industry. Moreover, the power supporting the bitcoin network is now decentralized and in the power of the people hence Satoshi can't stop it but he can surely threaten the market if he decides to move the genesis coins and dump them.
Given how popular and decentralized bitcoin has become, it is impossible to stop these processes, just as it is impossible to disable the Internet on the entire planet at the same time. Just think why do it? Every time someone asks such innovative ideas on the planet somewhere one Satoshi Nakamoto cries)


Title: Re: Can Satoshi Stop bitcoin?
Post by: Nhor1011 on August 30, 2020, 05:08:07 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

No! He can't stop it and he will never do it because he already know the output of his creation and if ever he will return in crypto not to stop bitcoin but to help it grow more in it's other features. He already know how helpful his bitcoin and how it helps peoples live, he will never ever stop it for sure.


Title: Re: Can Satoshi Stop bitcoin?
Post by: suvo05 on August 30, 2020, 06:11:39 PM
NO he can't stop the blockchain of it.
BUT!! selling the total amount of BTC he holds, will harm its market value tremendously.
Satoshi is wise enough though, he/she just want his dream work running smoothly. Despite of several people claim himself as satoshi (it to take the all credit of creating BTC) , the real always stayed clam and  keep his identity secret. Such a person will never going to harm his own project by doing anything like selling all the BTC.


Title: Re: Can Satoshi Stop bitcoin?
Post by: bearexin on August 30, 2020, 06:43:38 PM
First of all why would he want to stop Bitcoin when it’s a success? I don’t think he would wish to do that. That aside, I don’t believe that, whoever Satoshi Nakamoto is,that he would be able to stop cryptocurrency anymore. The power is decentralized, I don’t know if you have heard when it’s being said that Bitcoin doesn’t have any central control unit that anyone can use to shut it down, it is spread all around the world and one person will not be able to stop or control it.

Why do you think the government is having a difficult time in regulating cryptocurrency? That’s because there is no particular unit that they can use to control it. Imagine that Bitcoin was based on a particular unit, then they can just go there and shut it down once they discover where it is.


Title: Re: Can Satoshi Stop bitcoin?
Post by: posi on August 30, 2020, 07:08:29 PM
Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
No. Despite that  I dont see a reason why someone will decide to stop or destroy what he worked hard and labor for

So many people hate btc and they try to take it down and thier reason is that they are jealous  .

 They want their coin to be on the spot of btc and they want their coin to be the next btc but I don't think Satoshi himself will destroy what he created because he is proud of it . We can feel the same if we built something and we will only develop it to perfection  , not to destroy it .
You make a good point because the act of trying to be top coin was among the reason why some altcoin was hit with double spend by a group of people but we all know that no altcoin can dethrone or have the potential Bitcoin had.

In my opinion Satoshi can't stop bitcoin and no one else can stop it even Jeff Bezos  :D
Jeff Bezos never show any interest in Bitcoin but this might change in the future and now that Bitcoin potential was proved during the total lockdown.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Asuspawer09 on August 30, 2020, 07:16:12 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

What do you mean by stopping it again?

I guess one of the things is we don't know if Satoshi exists or bitcoin is made by a company or maybe just a country, somehow for me it is impossible to stop the bitcoin now but what could happen is to kill the bitcoin marketprice that is surely going to killed bitcoin. The main theory here is Satoshi is holding a big percentage of bitcoin, having a big percentage of bitcoin and dumping it in the market could potentially kill bitcoin, we don't know but that's how the bitcoin scam is going to work. Also, it might affect all of the cryptocurrency in the market when the market price reaches 0.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Krislaw on August 30, 2020, 08:42:47 PM
Stopping to achieve what exactly?
This is a financial freedom and you think he would want it back?
Taking it back already ruined the purpose he created it in the first place making him waste his time hiding undercover for years.
Only new projects with the aim to scam would do that to it's investors.


Title: Re: Can Satoshi Stop bitcoin?
Post by: hv_ on August 30, 2020, 08:58:29 PM
Guess Satoshi cannot stop it, but tank for a wile

Satoshi predicted, datacenters will run it. Let s see if that gets big with BSV


Title: Re: Can Satoshi Stop bitcoin?
Post by: Zemomtum on August 30, 2020, 10:43:08 PM
That is impossible, it is not under control of anyone and it is scattered geometrically and that is what it meant to achieve. If it was that simple to stop or influence, then Government of all cadre could have done so before now.


Title: Re: Can Satoshi Stop bitcoin?
Post by: MCobian on August 30, 2020, 11:50:09 PM
In my opinion there is no reason why Satoshi should stop the Bitcoin that he created, after all Bitcoin transactions are already unstoppable.
With such a high demand for Bitcoin, it is difficult to stop Bitcoin at this time. But because Satoshi created Bitcoin, there is a possibility that
Satoshi understands how to stop Bitcoin. But I believe Satoshi will not stop Bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: deadmousehat on August 31, 2020, 01:17:38 AM
I think Satoshi Nakamoto is just a pseudonym and not sure he's from Japan. What power does satoshi nakamoto have to stop bitcoin? tell people to stop using bitcoin? I don't think anyone can stop bitcoin and it can't be stopped.


Title: Re: Can Satoshi Stop bitcoin?
Post by: AmoreJaz on August 31, 2020, 04:34:59 AM
In my opinion there is no reason why Satoshi should stop the Bitcoin that he created, after all Bitcoin transactions are already unstoppable.
With such a high demand for Bitcoin, it is difficult to stop Bitcoin at this time. But because Satoshi created Bitcoin, there is a possibility that
Satoshi understands how to stop Bitcoin. But I believe Satoshi will not stop Bitcoin.

theres no reason why he will stop his creation. if he wanted to, he should have done that a long time ago. and we have been more than a decade in crypto, and btc adoption is growing everyday. the strength of btc has been tested once again during this pandemic and yet instead of going down, it continues to increase its value.
 i dont see any valid reason why he will stop this good invention for nothing. a lot of people are benefitting from this invention so why stop?


Title: Re: có thể Satoshi dừng Bitcoin?
Post by: wanted sliter on August 31, 2020, 08:56:26 AM
I don't think that will happen because he has given the creative power to the community. That means it is impossible to erase the technology of bitcoin or burn it all down. Unlike other projects, bitcoin is mined with a miner and comes from 0 bitcoins. He can only destroy bitcoins by attacking 51% and now if he wants to do that he needs to have a larger number of miners than the entire number of bitcoin miners in the world. Projects held by ICOs through smart contracts on the ethereum, NEO, EOS, TRX networks ... can burn coins they own by the contract's owner.




Title: Re: Can Satoshi Stop bitcoin?
Post by: Kong Hey Pakboy on August 31, 2020, 11:38:34 AM
We all know Satoshi Nakamoto is the creator of bitcoin and blockchain technology. Bitcoin is a successful cryptocurrency that many altcoins tries to outrun bitcoin, but they don't succeed that bitcoin remains number one in the crypto market. It is the reason why it has made a lot of improvement to it's price that it unexpectedly reach $20K last year of 2017, and it still trying to reach it's new ATH. So what are the reasons why Satoshi would want to stop bitcoin as one of his greatest creation because if he would stop his it, it already happened years ago.


Title: Re: Can Satoshi Stop bitcoin?
Post by: bitbollo on August 31, 2020, 02:03:56 PM
there isn't a "stop blockchain" button :P
however he is the same able to make some interventions on the main net moving some of his coins.
this will be for a certain point of view very disruptive since the market couldn't understand why there is a movement like this (panic selling!).
this will not stop bitcoin itself but for sure could have a very strong impact on the whole market.


Title: Re: Can Satoshi Stop bitcoin?
Post by: iRaMMuS34 on August 31, 2020, 08:45:24 PM
He can't stop it, once it's running it's no longer under his control


Title: Re: Can Satoshi Stop bitcoin?
Post by: Sirait on August 31, 2020, 09:19:35 PM
because it is open-source and decentralized, Bitcoin can no longer be "stopped". Satoshi not only made a cryptocurrency that no one else could control but it applied to him too.

Satoshi is a great thinker, he not only made Bitcoin unstoppable but made Bitcoin unable to increase in number and forever it would only be 21 million coins.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Nellayar on August 31, 2020, 10:44:52 PM
To stop it "again"? Has he ever done that before?

No, he doesn't have the power to stop it. If anything, if he ever comes back, he might temporarily be able to strongly influence the market. Considering the immaturity of the markets, that's possible but wouldn't last too long though. Otherwise, it is pretty unstoppable. Why would you listen to a guy who disappeared for a decade and sell everything or suddenly stop using BTC because he says so? We already understand the system and we like it as it is.

Who knows?Even it is already an open-source and decentralized,  He programmed bitcoin and he can do anything of it. We just say that he has no control because we haven`t see it yet. But the bottomline of this is that, why he will ruin his own project? He should be happy right now that bitcoin was popular and worldwide been using as crypto payment. If he will stop bitcoin, his dream to have decentralized and anonymous transaction would lost. This is now the reason why he will not stop bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Twinkledoe on August 31, 2020, 11:16:07 PM
To stop it "again"? Has he ever done that before?

No, he doesn't have the power to stop it. If anything, if he ever comes back, he might temporarily be able to strongly influence the market. Considering the immaturity of the markets, that's possible but wouldn't last too long though. Otherwise, it is pretty unstoppable. Why would you listen to a guy who disappeared for a decade and sell everything or suddenly stop using BTC because he says so? We already understand the system and we like it as it is.

Who knows?Even it is already an open-source and decentralized,  He programmed bitcoin and he can do anything of it. We just say that he has no control because we haven`t see it yet. But the bottomline of this is that, why he will ruin his own project? He should be happy right now that bitcoin was popular and worldwide been using as crypto payment. If he will stop bitcoin, his dream to have decentralized and anonymous transaction would lost. This is now the reason why he will not stop bitcoin.

Not seeing any good reason also why he will do such thing. After a decade of existence and benefiting the crypto community, why would he ever think of stopping the bitcoin mania? So even if he has the way to stop it, not gonna see he will do such crazy thing on his creation.


Title: Re: Can Satoshi Stop bitcoin?
Post by: milewilda on August 31, 2020, 11:16:15 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
Stopping for what? Im not really that too techy type of person but i presumed out that he cant able to stop on what he had invented.It is designed for it not to be possibly manipulated by no one.
Adoption had already spread into a certain extent thats why its just senseless to think that he would just come out to public and trying to stop bitcoin in means of technical aspect.
This might be a non-sense topic but for the sake of discussion then it isnt half-bad either.

Who would be the one to stop a revolutionary invention that he do sees that it did help lots of people? Getting away from centralization and to be your own bank?


Title: Re: Can Satoshi Stop bitcoin?
Post by: kawetsriyanto on August 31, 2020, 11:49:27 PM
How can Satoshi stop bitcoin, mate? Even we don't know he is a single person or ID of multiple persons. Also, Satoshi won't disappear if he wants to stop Bitcoin. After he sacrificed to disappear for years, it is a bit impossible that he will be suddenly appearing to the public and state to stop Bitcoin. Instead, we will suspect he is a fake Satoshi. Please remember that Satoshi has a dream to make Bitcoin be digital cash, it is written in Bitcoin WP. I believe he won't stop it till Bitcoin can achieve the goal. Or even Bitcoin has reached the goal, Satoshi surely won't destroy it as it has been an important part of human life.
 


Title: Re: Can Satoshi Stop bitcoin?
Post by: kerjakuat on August 31, 2020, 11:51:24 PM
Bitcoin is an open source that cannot being stop by anyone even Satoshi itself if i dont mistake. Even if his country wanna to claim bitcoin also cannot be do as this bitcoin is the property of everyone in the world. No one has bitcoin and no one can stood up and be the owner of bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: boyptc on September 01, 2020, 12:59:05 AM
Bitcoin is an open source that cannot being stop by anyone even Satoshi itself if i dont mistake. Even if his country wanna to claim bitcoin also cannot be do as this bitcoin is the property of everyone in the world. No one has bitcoin and no one can stood up and be the owner of bitcoin.
There is no proof that Satoshi Nakamoto is a real name. It is a Japanese name, there's no debate with regards to that matter.

But in all of the names, his name was just made-up so that he can hide under that name. And if I've used the term "him", I'm speculating that he's a guy and there were other speculations that it's name of a group of people that worked for bitcoin. Nobody knows.


Title: Re: Can Satoshi Stop bitcoin?
Post by: josephinerosdy on September 01, 2020, 02:38:26 AM
Satoshi nakamoto is just a pseudonym and he may not be in Japan. What is satoshi's reason to stop bitcoin? and how does he stop decentralized bitcoin? there seemed no reason to do so and nothing could stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: boyptc on September 01, 2020, 04:31:58 AM
Bitcoin is an open source that cannot being stop by anyone even Satoshi itself if i dont mistake. Even if his country wanna to claim bitcoin also cannot be do as this bitcoin is the property of everyone in the world. No one has bitcoin and no one can stood up and be the owner of bitcoin.
There is no proof that Satoshi Nakamoto is a real name. It is a Japanese name, there's no debate with regards to that matter.

But in all of the names, his name was just made-up so that he can hide under that name. And if I've used the term "him", I'm speculating that he's a guy and there were other speculations that it's name of a group of people that worked for bitcoin. Nobody knows.
I agree with you, no one knows exactly who Satoshi Nakamoto is and also no one knows who can stop bitcoin. however, as explained, bitcoin will still be mined and run within the available token limit.
Yup.

The current supply limit will is already written and it will be continued to be mined until it reaches the total supply limit and estimation for the last bitcoin to be mined was around year 2140.


Title: Re: Can Satoshi Stop bitcoin?
Post by: kotajikikox on September 01, 2020, 04:45:52 AM
Satoshi nakamoto is just a pseudonym and he may not be in Japan. What is satoshi's reason to stop bitcoin? and how does he stop decentralized bitcoin? there seemed no reason to do so and nothing could stop it.
And we don't even Know if He/Her/They are still alive right? so how come that there is a possibilities for this one.
And also Satoshi is only the creator but Not to destroy or stop Bitcoin.



If Satoshi will come back?i am sure there will be a Good news for all of us so please stop the bad thoughts and only the Good lets spread.


Title: Re: Can Satoshi Stop bitcoin?
Post by: 20kevin20 on September 01, 2020, 06:41:08 AM
Not seeing any good reason also why he will do such thing. After a decade of existence and benefiting the crypto community, why would he ever think of stopping the bitcoin mania? So even if he has the way to stop it, not gonna see he will do such crazy thing on his creation.
There's one very good reason to do so: we're getting too far away from what BTC was supposed to be and we are helping it turn into a perfect tool for surveillance through the stuff we do such as supporting mostly centralized stuff and not caring about the true freedom we can earn through BTC. A lot of people just didn't care, so it evolved in a somewhat bad way.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Janation on September 01, 2020, 06:51:23 AM
do you think he has the capacity to stop it again?

Again? Did he stop Bitcoin in the past?

And what do you mean by stop since Bitcoin is not a machine where developers would just turn it off whenever they wanted or Satoshi Nakamoto wanted it. It is said that he holds a million Bitcoin but we are not seeing any movement from that. Another thing is that if what you meant by that "stop" is him selling that million, I guess it would drop, yes but people would just take advantage of that and it will just go back.


Title: Re: Can Satoshi Stop bitcoin?
Post by: hv_ on September 01, 2020, 08:20:58 AM
Yes - he can make BitCoin great again

 :D


Title: Re: Can Satoshi Stop bitcoin?
Post by: Ucy on September 01, 2020, 10:37:43 AM
I don't see how he can stop Bitcoin publicly/legitimately if it's not in his control. A well decentralized Bitcoin should be under the control of network participants/users. So, I think only them can come together & agree to stop it for some reasons...this would be legitimately done mainly via consensus... Or maybe by gradually handing over control to those who want Bitcoin stopped/centralized.


Title: Re: Can Satoshi Stop bitcoin?
Post by: famososMuertos on September 01, 2020, 02:01:47 PM
I do not doubt that your question has a hole in the reasoning capacity of those who start in bitcoin, I think your question is more in the sense of beginning to understand bitcoin, it is something like helping me understand bitcoin, ey! I am also learning.

What I'm trying to say is that your question misfits a bit, because it's not so much about bitcoin discussion, it's like helping you understand the question in the thread. The issue is the argument, you must have a how? Satoshi could stop bitcoin from the point of view of such a thing, that is, your question is recurring.

-/Anyway/-
Bitcoin has a theoretical part, which is subdivided into two simple parts, one basic and one advanced. Also intrinsic to this theory is a simple technical part and a very complex part, after all the above you end up in the execution.

What is execution? this idea that you mention in your OP, which covers much more aspects than what you mention. But also basically for the purposes of your question we can summarize it in two situations:

- The Bitcoin Core Network

- Users: his idea has us all; those who have just arrived, those who handle basic and advanced concepts speaking, discussing, on the bitcoin forum, making transactions, mining, undertaking projects of any kind related to the blockchain, trader, casinos, etc.

Then, according to the theoretical part, this is remotely possible, but stopping the idea at execution of bitcoin, (if they allow me to use the concept, although I have already taken the dare to use it before), it is difficult to have zero Entropia.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Swordsoffreedom on September 01, 2020, 06:26:08 PM
do you think he has the capacity to stop it again?

Again? Did he stop Bitcoin in the past?

And what do you mean by stop since Bitcoin is not a machine where developers would just turn it off whenever they wanted or Satoshi Nakamoto wanted it. It is said that he holds a million Bitcoin but we are not seeing any movement from that. Another thing is that if what you meant by that "stop" is him selling that million, I guess it would drop, yes but people would just take advantage of that and it will just go back.

Agreed, it is not like a machine that Santoshi Nakamoto turn off it when he wants. we all know that he has a huge amount of Bitcoin. with the help of these he can indirectly control Bitcoin market. if he wanted to sell all of the BTC he has, then there will be occurred a big change in BTC market. I don't think he can take this type of foolish decision. because Bitcoin market is rising day by day.  every day new investors are being added to it. With the rise of investors, the price of Bitcoin has been rising day by day.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Renampun on September 01, 2020, 07:54:36 PM
Satoshi couldn't stop Bitcoin due to Bitcoin's decentralized nature...
I agree with the replies from others who argue that Bitcoin will not be able to be stopped by Satoshi because Bitcoin is a decentralized and open source.

do you think he has the capacity to stop it again?
Again? Did he stop Bitcoin in the past?
I also didn't understand what the OP meant and asked myself 'when did Satoshi ever stop Bitcoin'!!! :D


Title: Re: Can Satoshi Stop bitcoin?
Post by: AicecreaME on September 02, 2020, 11:51:45 AM
No, Satoshi don’t have the capacity to stop bitcoin. None of us can. It’s already unstoppable by now.

He’s the one who invented it, meaning he fully knows and much aware than anyone else how bitcoin works as he built it on blockchain system kind of method, with an open source code, and decentralized nature. He surely knows it won’t be stopped since people already have the grasp on what are its features and how it can be useful to them. It will just keep on improving.

And I don’t think using the word “again” in your question makes sense because he never did to begin with. Well, correct me if I’m wrong with this.

Bitcoin is becoming widely known, used and acceptable now. It’s blossoming and it really helps people whether it may be on investment, trading or merely source of income. I don’t think Satoshi would destroy his successful invention that has been beneficial to majority that’s thriving for more than a decade now.


Title: Re: Can Satoshi Stop bitcoin?
Post by: FlightyPouch on September 02, 2020, 02:21:45 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

He will not be able to stop bitcoin. Bitcoin is decentralized and no one can stop it, even the developers. You can't say that it is unstoppable by the government since there are a lot of countries that already ban it, they could use it secretly but I don't think you should say unstoppable, they could limit the usage of it though.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Cryptocurrency Hunter on September 02, 2020, 08:24:35 PM
Satoshi Nakamato is smarter than we thought, she disappeared suddenly after installing this system.In this way, Bitcoin ensured that no one could break this system, and even that it was not found by bad people, which allowed Bitcoin to be used completely neutrally and only by people in a decentralized manner. I think the loss of Satoshi Nakamato herself has enabled Bitcoin to grow this much. I think this sounds like a designed success story to me, but maybe there are other things too. ??? ???


Title: Re: Can Satoshi Stop bitcoin?
Post by: DabsPoorVersion on September 02, 2020, 09:31:14 PM
What do you mean by "do you think he has the capacity to stop it again?"

Does he ever do this before? I don't think so. And right now, no one has the capability to stop bitcoin even the creator itself. He knows it to himself that what he created can stand alone even if there are many circumstances, there is no possibility or capability of anyone who can stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: 0nline on September 08, 2020, 05:00:00 AM
NO ONE CAN STOP BITCOIN!!


Title: Re: Can Satoshi Stop bitcoin?
Post by: QEthelbert on September 09, 2020, 06:17:55 PM
Nobody can stop coins which are in use at this moment, because this is decentralized system. What Satoshi can do is to stop adding BTCs on the market. In my opinion, this might have impact on significant increase in price of BTC.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Chainsmokers on September 09, 2020, 06:23:51 PM
really impossible if bitcoin can be stopped despite its owner or creator the popularity of bitcoin is already very great in the eyes of the world
let's see some countries that prohibit bitcoin trading has no impact at all with bitcoin, bitcoin will still exist will be even more popular 


Title: Re: Can Satoshi Stop bitcoin?
Post by: Betwrong on September 10, 2020, 09:26:53 AM
He can't stop it whether Satoshi likes it or not. Well, unless he has enough funds to literally 51% attack Bitcoin for long periods of time; or, dump all his bitcoin holdings in one go, effectively chashing bitcoin's price. But yet, these stuff could only potentially damage Bitcoin in the short term, not necessarily stop it.

As of today, I think it's impossible to kill Bitcoin by dumping, say, a million BTC, and crashing its price. I even think that the dumping might have an opposite effect. At first, Bitcoin price would drop significantly, maybe to the levels below $3k, but after that we'd have a mass influx of newcomers, who were waiting for such a low price to buy, and were almost losing their hope. There are millions and millions of such people, and they would surely jump in, because it would be probably their last chance. It might take months for BTC to restore its value after such a dump, but resurrection and rising is inevitable. :)


Title: Re: Can Satoshi Stop bitcoin?
Post by: Astvile on September 10, 2020, 10:21:23 AM
do you think he has the capacity to stop it again?
Again? has he done that before give us some info because I know nothing on Satoshi stopping bitcoin.

Satoshi can't stop bitcoin at any means but he may affect the market bigtime when he returns and used his coins if he still have the private key to it, dumping bitcoins price may stop bitcoins growth for a month or two but not enough to totally stop and kill bitcoin. I can't think of anyways on how and WHY would he even stop or kill what he created now that it became such a big thing in our generation.


Title: Re: Can Satoshi Stop bitcoin?
Post by: DatKing on September 10, 2020, 07:18:59 PM
We don't even know who invented Bitcoin exactly. It is claimed that a person nicknamed "Satoshi" did it but there is no clear evidence about it. Who knows, maybe some group of people invented Bitcoin and didn't want to expose their identity. When it comes to the probability that Bitcoin can be stopped or not, I think it is not that easy. Bitcoin has been in the market for a very long time and it looks like it will continue to increase its popularity and to be used in more places every year.


Title: Re: Can Satoshi Stop bitcoin?
Post by: mk4 on September 11, 2020, 03:42:52 PM
logical ... I also believe that when there was a panic over the release of 51% of the total bitcoin supply, I think it only resulted in a sudden drop in prices.  The chart will show us some very steep descents.  this could be a nightmare for holders, and a beautiful dream for newcomers.  Holders only have the option to hold back and emotion to wait for the price to recover upwards again ... it may take a little longer, but the aftermath is, the development of bitcoin will be even better because the inventor can become the sun for the whole bitcoin family.

1. I completely doubt Satoshi had around 51% of the total supply.

2. If someone would market dump 51% of the total supply(though it's obviously a stupid move even if a certain person plan on selling everything), chances are, the price drop is just going to be temporary, and the sold bitcoin would just be redistributed to a huge number of people(which is good).

3. I doubt the development of bitcoin will be "better"; simply because I'm guessing a significant number of the developers are paid in BTC.


Title: Re: Can Satoshi Stop bitcoin?
Post by: FlightyPouch on September 11, 2020, 03:44:45 PM
Satoshi Nakamoto can actually burn Bitcoin to drive up its price. This may involve sending them to an unspendable address. If he does that, there would be a bullish reaction in the market. He could then sell them at a profit. This would destabilize the market. Remember, very little is known about Satoshi Nakamoto.


I think he doesn't need to actually send it in an "unspendable address", as long as he is not moving that bitcoin he has, less btcs in the circulation would give positive changes to the market. And I don't think that actually stop bitcoin, that would create more opportunities when bitcoin drops, that is for sure since there are a lot of people actually waiting for it to dump so low.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Expecto on September 11, 2020, 08:29:35 PM
Firstly I don't think that a really powerful cryptocurrency can be stopped easily. Also, there is no reason for Satoshi to stop Bitcoin if he/she has the power to stop, of course. Bitcoin has been hugely improved since it was first launched in 2009. I think there is no person or government that can end Bitcoin for good.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Shasha80 on September 11, 2020, 10:07:51 PM
Although logically Bitcoin which has a high demand is impossible to stop, but since Satoshi Nakamoto is a creator Bitcoin.
Must know how to stop or kill Bitcoin. But the question is why did Satoshi stop Bitcoin, there is no advantage for Satoshi
stopped Bitcoin. So there is very little chance that Satoshi Nakamoto will stop Bitcoin, or it can be said that it is almost
impossible for Satoshi to stop Bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: KIZILAGA on September 11, 2020, 10:10:52 PM

He will not stop but certainly will slow down.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Anna138 on September 11, 2020, 10:33:25 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

What is the point of stopping this idea if it brings benefits to the majority of the citizens of the planet Earth. There is a high probability that this financial system will spread even more globally than it is now. In any case, bitcoin is the most progressive way of financial interaction that exists at the moment.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Cryptoreflector_666 on September 11, 2020, 11:14:51 PM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

What is the point of stopping this idea if it brings benefits to the majority of the citizens of the planet Earth. There is a high probability that this financial system will spread even more globally than it is now. In any case, bitcoin is the most progressive way of financial interaction that exists at the moment.

It may not benefit just a few people, having their influence over a wider circle, and then the number will not matter at all. In most cases, this is what happens if you analyze the number of whales (wallets and large amounts) relative to past years - the decentralization is very obvious.


Title: Re: Can Satoshi Stop bitcoin?
Post by: seoincorporation on September 11, 2020, 11:24:07 PM
In the past there used to be bitcoin keys to stop the full network or to send a message to all nodes, if i'm not wrong those keys stop working and only a few users have access to those keys, one of them was satoshi and another one was the owner of this forum A.K.A. Theymos.

I don't remember the full story but is relevant for the topic, in some point satoshi was holding the power to stop it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: masphie on September 11, 2020, 11:25:14 PM
I think he can...
Because, he have all of resourses about bitcoin. But, if this happens... it will take time and cannot be instantaneous.
Unless he has lost all resources.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Saisher on September 12, 2020, 01:43:59 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

I don't think he can or will he ever do it if he can and in the first place, if the  community know or discovered  that Bitcoin can be destroy, people will stop investing and support Bitcoin, they perceived Bitcoin an ideal decentralized Cryptocurrency, there's some imperfection but never to the point that it can be destroyed it strength lies on it being open sourced and no one can fully control it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: hv_ on September 13, 2020, 11:02:30 AM
Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

I don't think he can or will he ever do it if he can and in the first place, if the  community know or discovered  that Bitcoin can be destroy, people will stop investing and support Bitcoin, they perceived Bitcoin an ideal decentralized Cryptocurrency, there's some imperfection but never to the point that it can be destroyed it strength lies on it being open sourced and no one can fully control it.

Not many different  miners producing blocks at these prices these days. And these are too big to hide

The only way for those few big ones is to be max compliant by any means not to get into focus of 'long arms'.

It has been done in the past, and why not again?


Title: Re: Can Satoshi Stop bitcoin?
Post by: Question123 on September 13, 2020, 11:27:00 AM
I don't think once Satoshi Nakamotoonce he comeback again to the crypto world he will do stopping bitcoin and the reasons why he do that?

If Im investor of this I must proud of what I've done because I invented something that help many people and possible to reach them or given opportunity to everyone to earn.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Sebas.tian on September 13, 2020, 11:54:50 AM
The name(Satoshi) doesn't signify a single person but Satoshi is a general name for the group. Satoshi won't like to destroy what has been done because they have liberated the common man from government enslavement. He can with 51% attack, so stop saying he can't, though this will be a tough decision as it will cost huge funds to be executed.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Betwrong on September 14, 2020, 09:35:12 AM
I don't think once Satoshi Nakamotoonce he comeback again to the crypto world he will do stopping bitcoin and the reasons why he do that?

If Im investor of this I must proud of what I've done because I invented something that help many people and possible to reach them or given opportunity to everyone to earn.


We can't rely on Satoshi staying sane for an unlimited amount of time. Fortunately, he created something so powerful that even he himself is unable to destroy.

So, imo, the answer to OP's question is NO, Satoshi(let alone anyone else!) can't stop Bitcoin.

Some old billionaires, big banks and governments should stop trying. It's an unkillable technology of the future, you either embrace it or limp forward without it, but you can't destroy it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Sapphire915 on September 14, 2020, 01:43:16 PM
I believe that Bitcoin is unstoppable now and Satoshi couldn't stop it anymore. And I agree with the one statement below that Satoshi was fully aware and in his full will that his Bitcoin creation/Blockchain industry will be more trending and popular in the world market as the days, months, and years goes by..and He can never stop it. His creation was designed to grow fast and gives jobs, earning, investment and easiest ways of fund management to people and will continues till the next generations. We should be grateful for the brilliant and unique ideas that Satoshi has.


Title: Re: Can Satoshi Stop bitcoin?
Post by: bitzizzix on September 14, 2020, 03:46:49 PM
It seems like nothing can stop Bitcoin, including the man who created Satoshi Nakamoto, who I think is a great and extraordinary human.
It's simple, if Bitcoin can be stopped, those who invest or investors will not waste money buying bitcoin because there will be worries if it is stopped suddenly, and I think those involved in bitcoin are great people who think smart, because they know the best places to double the money.


Title: Re: Can Satoshi Stop bitcoin?
Post by: BitcoinPanther on September 14, 2020, 09:48:16 PM
What great with Bitcoin is it being decentralized.  Mostly all noded are set up voluntarily because of the interest on Bitcoin.  Even with Satoshi appearing and telling people to stop mining or setting up node, I believe the Bitcoin ecosystem is huge enough and performing well enough that most of this supporter can ignore what Satoshi wanted them to do.  So I think Satoshi have no power to stop Bitcoin because most of the supporter are doing it according to their own accord and not because Satoshi told them or hire them to do it.


Title: Re: Can Satoshi Stop bitcoin?
Post by: oprahwindfury on September 21, 2020, 02:13:37 AM
Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.


Title: Re: Can Satoshi Stop bitcoin?
Post by: BayAreaCoins on September 21, 2020, 02:28:26 AM
Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.

Probably could launch a massive attack for a LONG fucking time... but really they could probably afford to take down "the internet"... Bitcoins the least of the worry about what could go down IMO.

D-Day is always 2 minutes or less away in everything.


Title: Re: Can Satoshi Stop bitcoin?
Post by: Alucard1 on September 21, 2020, 08:08:03 AM
Even though Satoshi is the one who created the bitcoin, I don't think that he can stop it because there are already many changes happened after he created it, no one can stop it, and for sure it would require big finances, great tram and knowledge to do it. Well, I dont think that Satoshi Nakamoto wouldnt think about stopping bicoin because there are many people who are using and get benefits from it. Why would he choose to delete it if he knows how good it is to many people.


Title: Re: Can Satoshi Stop bitcoin?
Post by: lepbagong on September 21, 2020, 09:17:17 AM
Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.
the right answer, take it that he found it, but now many have held it and made an investment and there is no way he can intervene belonging to someone other than he is willing to pay for it. I also don't think he has tried but he also wants to write off it seems irrelevant.


Title: Re: Can Satoshi Stop bitcoin?
Post by: btc78 on September 21, 2020, 09:25:45 AM
Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.
the right answer, take it that he found it, but now many have held it and made an investment and there is no way he can intervene belonging to someone other than he is willing to pay for it. I also don't think he has tried but he also wants to write off it seems irrelevant.
That is what Satoshi design blockchain so no one can manipulate or control,and that's why Satoshi has no capacity to stop this from operating.

and also that is why many supported this until now because of the idea of safeties.

Not like any investments that someone can take everything ,Here it can only be happen from hack or scam but not in regular basis.

The creator of bitcoin is nicknamed Satoshi, but no one knows that Satoshi really has people or only the news is unclear. sure satoshi has a way to stop bitcoin he is able to create bitcoin and of course he can stop it.
Lol tell tha story to others but not here,check all the replies only few that goes with you.


Title: Re: Can Satoshi Stop bitcoin?
Post by: aarif123 on September 21, 2020, 01:04:50 PM
As far as I know this is not possible but if he returned then there is a huge chance of bitcoin to pump and dump because he owns much bitcoin in his wallet but there are some countries where bitcoin is legal like japan Malta Singapore so I think it will directly effect the whole world and those people who invested in bitcoin