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Author Topic: What would happen if Satoshi Returned ?  (Read 2708 times)
phreaky
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June 14, 2016, 07:21:38 AM
 #61

Personally I think that nothing would happen, most people would not even care about Satoshi. People are making use of Bitcoin because of what it brings and what you can do with it, not because of Satoshi.
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June 14, 2016, 07:24:17 AM
 #62

I think the price would rise again because the fact is that if this would happen the bitcoin would have a lot of media attention.
Right,Media is one of important factor can make bitcoin price is rising because media can make a lot of people want try bitcoin and bitcoin will have new users. and same time it's will make advertise for bitcoin too.

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vero
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June 14, 2016, 07:27:15 AM
 #63

So amidst all the Satoshi hype that's gone in with each time the media saying they have found the man, I have been wondering what would truly happen if Satoshi did return. As it stands, I believe, nothing really would happen because the currency has reached a point of decentralization where-in Satoshi cannot single handedly influence the project anymore. He will definitely have a cult following and companies begging him to be on their board. Hell, I even see him getting a Nobel prize for economics, but apart from that what do you think could be the possible implications ?

For me, the single biggest concern is the 1m+ Bitcoin in his possession.
Technically, he single handedly owns over 5 percent of this monetary system, which in my opinion is a heavy concentration with a single individual. He could definitely liquidate it over time, but I doubt how the markets would react to the same.

Thoughts guys ?
yes I think it was one of the causes is still a lot of people out there who are afraid of investing in bitcoin despite the They already know about bitcoin, yes because of it, satohi Nakamoto holds 1m+ Bitcoin.

Rizky Aditya
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June 14, 2016, 07:55:07 AM
 #64

What do you mean, "if he returned"? We have never known who the real satoshi is so yeah...... If he did reveal his identity though, I doubt much would happen and the price would probably stay the same.
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June 14, 2016, 07:58:23 AM
 #65

I think nothing will happen if he returned, bitcoin will be the same as it is now, nor its value will increase because of him and never will it decrease, the only thing which will happen, Satoshi will get some respect from the community of bitcoin and he will have to answer a lot of questions of the media, and media will get a new topic for their business.
Notin2
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June 14, 2016, 08:05:48 AM
 #66

The only thing in my opinion that would happen if satoshi revel his / her self  Grin is maybe acceptance from different works of life, maybe btc would be widely used and recognized and generally accepted as a means of payment
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June 14, 2016, 08:13:01 AM
 #67

I think nothing will happen if he returned, bitcoin will be the same as it is now, nor its value will increase because of him and never will it decrease, the only thing which will happen, Satoshi will get some respect from the community of bitcoin and he will have to answer a lot of questions of the media, and media will get a new topic for their business.

Yeah, even if he returns it won't make any difference to the community, and it may affect its price may be we can see some higher price with the return of santoshi.

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June 14, 2016, 08:55:38 AM
 #68

If the Satoshi is proved to be the person, the bitcoin price will drop initially, but it will rise soon after.
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June 14, 2016, 09:35:10 AM
 #69

Dogs and Cats playing together, mass hysteria!
umair01
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June 15, 2016, 03:13:30 AM
 #70

I think nothing will happen if he returned, bitcoin will be the same as it is now, nor its value will increase because of him and never will it decrease, the only thing which will happen, Satoshi will get some respect from the community of bitcoin and he will have to answer a lot of questions of the media, and media will get a new topic for their business.

Yeah, even if he returns it won't make any difference to the community, and it may affect its price may be we can see some higher price with the return of santoshi.

You dont think a vanished dev coming back with 1m btc will make a difference on the community. You must be new here. We have seen this happen before and other things like it in the altcoin markets and it never ends well.
tabas
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June 15, 2016, 03:18:13 AM
 #71

If the Satoshi is proved to be the person, the bitcoin price will drop initially, but it will rise soon after.

I don't think it is nothing to do if Satoshi is going to reveal himself. The fluctuation of price now is depending
to the demand and supply of bitcoins in the economy of bitcoin. And even he gets back bitcoin will always
be on the price increase.

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nicojaewpunk
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June 15, 2016, 03:52:49 AM
 #72

Maybe he will make another coins LOL
with Ico it in haha  Cheesy
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