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Author Topic: Is Satoshi Nakamoto Alive ?!  (Read 434 times)
Franctoshi
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March 05, 2024, 11:29:31 PM
 #41

There will be a temporary massive panic in the BTC market if/when Satoshi starts to sell his huge pile of virgin coins. This will present a great opportunity for people with the guts to go against the crowd. The damage could be more severe and long-lasting if it combined with bad news related to the on-going post-FTX drama, and more countries "banning BTC", etc. Our bear markets get pretty predictable after a while, but the FTX hangover is real and not over with yet.
What if also coins are moved out from other wallets to the Genesis wallet or any other wallets rumoured to belong to Satoshi? What do you think will happen to the price of Bitcoin? It will spike, right? Well, I would think that if coins begin to get sold from these wallets now that we're in a bull run it won't cause much panic. People will hardly notice it. Panic might come if it were done in the bear season but definitely not now.

I kind of view this in the opposite side from your view, there may be serious panic selling of BTC in the short term because if people suddenly start to see selling of Bitcoin on the address that is linked to Satoshi, It would seem like Satoshi got vital information and that's reason to sell, especially now that the bull market is around the corner, even me I will be curious to know , having known that we are about creating a new ATH. A lot of investors would be wondering why the address is selling despite the fact that Satoshi doesn't control or manipulate the price of Bitcoin.

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March 06, 2024, 02:41:50 AM
 #42

It doesn't change anything. Do you see any strong impact happen to Ethereum when people know who is the creator of that coin? Nothing right so maybe the same thing will happen to Bitcoin and people will just continue to do their thing especially on investment.
It doea actually. If his indeed alive and can access his wallet dont you think its not gonna make a bubble? Of course people will get panic that a possibility Satoshi can dumped his bitcoin share could be a tragic blow to market and possibly whole financial sector. But lets hope that if his indeed able to touch his wallet he wont do anything that ruins its current state.

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teamsherry
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March 06, 2024, 11:20:33 PM
 #43

I don't see any reason the appearance of satoshi would cause a bear market or how it would have any impact on the bull, majority of investors doesn't even know who or what sataoshi is and probably doesn't care, it would probably be a government thign, who knows what charges they have been keeping against him or why he chose to stay hidden, the only fear I guess people would have is the 1 million billion he has and if he choses to sell might cause a big crash for a while and it could start a whole uproar and cause investors to start to withdraw  their money, I guess it's quite possible, but any way he coudl still stay in hiding and sell some bitcoin and at same time it would still have that impact on the market.

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CODE200
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March 07, 2024, 02:48:33 AM
 #44

If Satoshi returned, chances are we wouldn't know  Tongue Satoshi has managed to stay perfectly hidden. Nowadays, staying hidden in the digital world seems almost infeasible, but yet, Satoshi approached (unless proven differently), the perfect anonymity.
I think we would, my hunch is that he's definitely the kind of guy that would definitely show up and will show his presence, he would be expressing his sadness for the loss of his friend Hal, and I think that those bitcoins in those addresses are going to be given back to others like some sort of digital money rain. It's easy to actually hide your identity, and knowing Satoshi and his genius, I think that it's easy for him to forge another identity which he can then use to scour the world wide web without any worries that someone would identify him.

I highly doubt that Satoshi would ever move his coins. The real person behind Satoshi must be owning bitcoins in other addresses that we are not aware of. Satoshi is a digital persona, linked with the initial blocks that were mined. But, the real person behind Satoshi could be anyone and, of course, they must have other coins somewhere. Having said that, I believe that Satoshi is just using bitcoin like everyone of us.
I don't think so too but thing about it this way, he's the richest man in the world and he can decide to probably flood the bitcoin market with those old bitcoins to literally shake the market but the problem is that, he's never going to be able to sell it all at once, would be difficult I think.
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March 08, 2024, 06:15:55 AM
 #45

I think if sathosi wanna come back. He would have revealed himself since. Although I don't see him as revealing him self to cause any bear market because people will tend to buy all his Bitcoin these days.

Moreover the BTCs that are being sent to his address seems to be a form of gratitude as you've said. But is that not also like burning Bitcoin?
it is good Satoshi stays anonymous, the quest of knowing who the person is, has also prompted people to buy Bitcoin BTC which is a vital speculation strategy used by the creators. Also, there would be countless regulations for blockchain technology if a face is tagged to bitcoin since it was the first ever coin.
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March 08, 2024, 07:28:34 AM
 #46

I think we would, my hunch is that he's definitely the kind of guy that would definitely show up and will show his presence

I am not sure how exactly you have come to this conclusion.
Satoshi has always tried to remain hidden. When Gavin went to the CIA, then Satoshi instantly stopped and sent this email (tldr: I've moved on to other things.".
Satoshi sent this email on Apr 23, 2011.
Since then, we have no clue about his whereabouts. So, does he really give you the impression of a guy that would show up?


I don't think so too but thing about it this way, he's the richest man in the world and he can decide to probably flood the bitcoin market with those old bitcoins to literally shake the market but the problem is that, he's never going to be able to sell it all at once, would be difficult I think.

Let's say he does. Let's say he moves his coins and tries to sell them.
Where would he do that? In a CEX?
You know that the authorities will contact the CEX instantly and they will freeze the coins, until they are done with inspecting Satoshi (the real person).

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