Did Satoshi expect Bitcoin to last this long?

[majeis]

Isn't Satoshi cashing out today? April 15th?

At least that would get us some major headlines for a few minutes 

[Kprawn]

It must have been "Pot" or "crack" ..... Drinking makes you dumb and clueless. 

Seriously... This is not a person, who did something on a whim... This is carefully thought out... Read the whitepaper again... it's specific, and it makes room for future developments. {Processing power increase.. deflationary features... etc.}

Nope... He knew what he was doing and he executed it with perfection. 

[Sithara007]

It must have been "Pot" or "crack" ..... Drinking makes you dumb and clueless. 

Seriously... This is not a person, who did something on a whim... This is carefully thought out... Read the whitepaper again... it's specific, and it makes room for future developments. {Processing power increase.. deflationary features... etc.}

Nope... He knew what he was doing and he executed it with perfection. 

Yes I second your post. This was not a child's game. He has planned every step of it. He might be having a vision even more than what we all are thinking right now.

[S4VV4S]

Just wondering what you guys think was this just a project that he made whilst being drunk in univeristy and decided to release it and it caught on fast or did he know that it was going to get this big?

NO!

Only stoners can create something like this.
Drunken people produce fights and car/driving accidents.

And to answer your question: YES, he/she/they knew exactly where this is heading, hence the need for privacy and the need to dissapear after the FBI took notice.
Hope that helps.

[coinpr0n]

You cannot expect this outcome, although s/he probably did plan for longevity. I think not even Satoshi knows if it will succeed and is along for the experimental ride.

[Hazir]

As far as I know bitcoin longevity is present in bitcoin general trait. After all Satoshi designed bitcoin in a way it could (and it will be) mined for over 100 years. We won't be able to mine bitcoins before year 2140, no matter how hard we might try. That is just grand scheme Satoshi prepared for us.

[randy8777]

i think yes. he knows that there was a need for something like bitcoin where we move around the traditional payment system and have a bank in our pocket. and look now. bitcoin is the reason for many people to start a business and the list of merchants accepting bitcoin is only growing.

[Bitcoin Explorer]

I doubt that Satoshi was yet another drunk bloke on a university.

Yeah, same here. I guess it was a group of people but I'm not sure.
Moreover, I don't think he thought Bitcoin would last this long

[NyeFe]

I doubt that Satoshi was yet another drunk bloke on a university.

Yeah, same here. I guess it was a group of people but I'm not sure.
Moreover, I don't think he thought Bitcoin would last this long

 Bitcoin P2P e-cash paper

I've been working on a new electronic cash system that's fully
peer-to-peer, with no trusted third party.
long

This obviously highlights that Satoshi, is an individual.

[planetroving]

First off, I think Satoshi did not think it would last that long, but still had that tiny hope that it would become a success, but not this big. He did plan out for it to be able to be mined over 100 years, as many had pointed out. I think he did realise that the world did not have something similar to Bitcoin, and thought that it needed it, so he had some assurance that it would be somewhat popular. But I don't think Satoshi expected Bitcoin to last this long. He would've thought it would fade away.

[Lauda]

Well we can only think, and we wouldn't possibly be close to the truth. The thing is we don't know who Satoshi is, nor what kind of person he is. I do however think that he is satisfied on how his life work has turned out. He probably didn't expect it to grow this much.

[Amph]

the answer is only one: yes, and you can tells that, by looking at the block reward structure, and i still think that satoshi is a code name for a group(a group could be only 2 persons) of talented coders

"he" also said that he expected the network to be controlled only by few farms, there is one quote from "him" saying this(i can't find it right now)

[Sithara007]

the answer is only one: yes, and you can tells that, by looking at the block reward structure, and i still think that satoshi is a code name for a group(a group could be only 2 persons) of talented coders

"he" also said that he expected the network to be controlled only by few farms, there is one quote from "him" saying this(i can't find it right now)

Sometimes I just think that how much brain they have put before even initiating it. I think he might be having a banking background as well as some software geek.

[manselr]

Just wondering what you guys think was this just a project that he made whilst being drunk in univeristy and decided to release it and it caught on fast or did he know that it was going to get this big?

Satoshi has been predicting everything that would happen, from the big mining organizations and then mining becoming a thing that these organizations would deal with, to the next gen wifi technology that has literally been anounced ages ago that will solve the problem of the blocksize, so we don't even need to fork:


https://www.mail-archive.com/cryptography@metzdowd.com/msg09964.html

http://networks.nokia.com/news-events/press-room/press-releases/nokia-networks-showcases-5g-speed-of-10gbps-with-ni-at-the-brooklyn-5g-summit

If you aren't on this big time for long term you are literally insane, guy was a legitimate genius.

[ashour]

Just wondering what you guys think was this just a project that he made whilst being drunk in univeristy and decided to release it and it caught on fast or did he know that it was going to get this big?

I doubt that he was drunk when he was coding the bitcoin core, he was probably planning each line of code and each single feature carefully so the bitcoin core could work. If he made the project while he was drunk that would really impressive and he would probably be a genius IMO.

[tibor]

I think he didn't cause as you know he is developing bitcoin while he is drunk.
But accidently we make it this far, so why stop when you have something big?

[BitmoreCoin]

Well we can only think, and we wouldn't possibly be close to the truth. The thing is we don't know who Satoshi is, nor what kind of person he is. I do however think that he is satisfied on how his life work has turned out. He probably didn't expect it to grow this much.

I have the impression that bitcoin grows faster than internet in the first 5-6 years.

[Fat Ronaldo]

I don't think satoshi expected anything. I guess he could see the potential but I'm not sure he would have envisioned what it would have become today. I think he regarded it as an experiment and I guess it still is but it would be nice to know his thoughts on certain things for sure.

Well we can only think, and we wouldn't possibly be close to the truth. The thing is we don't know who Satoshi is, nor what kind of person he is. I do however think that he is satisfied on how his life work has turned out. He probably didn't expect it to grow this much.

I have the impression that bitcoin grows faster than internet in the first 5-6 years.

I think it will but the internet is a completely different beast to bitcoin and I don't think it will get as a big as the internet.

[bornil267645]

If we look at the history, we can see nothing BIG came as planned, and occurred by accident. Penicillin. So I think Satoshi himself(if there were ever one) was so much hopeless about bitcoin that he forgot to save his wallet, and now he can't recover his bitcoin.

[runpaint]

I think Satoshi had a passion and a dream and was in it to actually create something different and unique not to aim for money.

People that do business or invent for the sake of making money

All he did was make money.  Bitcoin is money, and satoshi made it.