Empty exchanges

[Cryddit]

Heh.  

Satoshi doesn't need his coins.  :-)  

Nah, he bowed out for very good reasons, and he's got very good reasons for not touching his million-coin stash (actually a million and a half if I'm doing the math right) for at least another six years.  There are people watching, and a move on his part would have consequences.  But he's provided for himself quite well by other means; he's under no pressure and doesn't need to make any rash moves.  Stalemate.

Honestly, those coins are more likely to be spent by his heirs than by him.  And if I'm right, he's absolutely fine with that; I think that's what he wanted to do with them anyway.

[crazy_rabbit]

Heh. 

Satoshi doesn't need his coins.  :-) 

Nah, he bowed out for very good reasons, and he's got very good reasons for not touching his million-coin stash (actually a million and a half if I'm doing the math right) for at least another six years.  There are people watching, and a move on his part would have consequences.  But he's provided for himself quite well by other means; he's under no pressure and doesn't need to make any rash moves.  Stalemate.

Honestly, those coins are more likely to be spent by his heirs than by him.  And if I'm right, he's absolutely fine with that; I think that's what he wanted to do with them anyway.

Satoshi remember, is quite possibly not a real person, or even a single individual. It's also entirely possible that Satoshi is a government agency of some government anyway. So.....

[Cryddit]

Honestly, I figured it out the other day. 

There is no hard proof, of course.  And I'm not going to name names, because privacy.  But I'm confident that I know exactly who Satoshi is. 

And if I'm right, I admire the context in which his work took place almost as much as the work itself.  His devotion to family and future generations of humanity is the purest conceivable.  I'm completely serious when I say that he did not do this for the money.

[Rival]

Satoshi was sent from an alien race so that we could transform our monetary system to be compatible with theirs before first contact.

Each planet only gets 21 million. Use them wisely.

[Peter Lambert]

Honestly, maybe its a little on the conspiracy side of the house, but Ive always wondered why Satoshi doesnt come forward as the creator of bitcoins. But now it kind of makes sense. Come on, think about it with me.

The guy owns a million of these damned coins, and each new person he gets to invest pumps the value even higher. Maybe hes worried about public scorn when the bubble pops and investors lose money? The guy is essentially getting the best of both worlds: filthy rich and doesnt need to answer to anybody.

I cant imagine that Satoshi ever dreamed this would go so well, but its food for thought. Id like to know his rationale for holding onto so many of the coins. Is his goal just to bring the price up as much as possible? If so, why?

Satoshi can't spend his coins without risking his anonymity.

Most of his coins are in blocks of 50 btc as the unspent block rewards from all those blocks he mined early on. He could cash out one of his later chunks of bitcoins without anybody knowing it was him. One block reward would be something like 32 thousand dollars right now, that is enough to live on for a year.

Additionally, he could just sell the coins OTC for cash and remain anonymous.