|
lucasjkr
|
 |
April 23, 2015, 02:17:00 PM |
|
Why should the marjet collapse? Do you really think he would just place a marker sell order for all of his coins in one go? Or would your faith in Bitcoin be so shaken that its creator wanted to spend some of his coin like everyone else? I don't get it.
|
|
|
|
|
Hazir
Legendary
 Offline
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
|
|
April 23, 2015, 02:32:48 PM |
|
Since it can't be deleted & he never spend his coins
How about give it to everyone ?
And if we can delete satoshi's coins
It means we can delete every coins too
You sound like a greedy fool, why would we give away someones money without their permission and to whom? Just random wallets? It would lower the value of BTC instantly. The fact that we would have less coins in circulations will probably increase value of everyones coins. But there is second factor - physiological - when people realise that these coins are being tinkered with they came to conclusion that any bitcoin is not secure and they can lost bitcoins too. But it is purely hypothetical scenario as I don't think deleting coins is possible. |
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
April 23, 2015, 02:36:45 PM |
|
I also don't like redheads, their coins should be deleted. And postal employees, don't get me started, let's delete their coins. Basically I'm cool with deleting all your coins but not mine.  Thank God this is impossible. |
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 23, 2015, 02:38:01 PM |
|
I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.
I would want to give them to Mark Zuckerberg and have him distribute them on facebook.
he didn't instamine shit, because the diff started from 1 on bitcoin, you know this right? apparently not, also he did it for testing, and the price was like zero back then, nothing to compare with modern crapcoin btw your math is way off, by a long shot |
|
|
|
|
|
TinEye
|
|
April 23, 2015, 02:45:31 PM |
|
I thought "Satoshi's coins" were unspendable even if he A) was still alive B) had the original wallet.
Only the 50 BTC from the genesis block are unspendable. Considering that Satoshi mined several blocks there should be plenty more available. there where 70+ blocks mined before Hal mined any (from my knowledge) plus there are plenty more blocks after that which are thought to be his aswell (I think) The total is close to a million BTCs. Only one block was ever spent, the rest are where they are. It is very likely that Satoshi doesn't have access to them either. |
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3696
Merit: 1217
|
|
April 23, 2015, 02:57:58 PM |
|
Only one block was ever spent, the rest are where they are. It is very likely that Satoshi doesn't have access to them either.
Probably he threw away the coins, as he was more of an ideologically driven person, than a money-driven one. Also, he might have never expected the Bitcoin to become so valued. Anyway, it is good news for the rest of the users. |
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
April 23, 2015, 03:08:17 PM |
|
Only one block was ever spent, the rest are where they are. It is very likely that Satoshi doesn't have access to them either.
Probably he threw away the coins, as he was more of an ideologically driven person, than a money-driven one. Also, he might have never expected the Bitcoin to become so valued. Anyway, it is good news for the rest of the users. i beg to differ, he was expecting farm to grow big as they are right now, thus he was expecting a good price for bitcoin too(probably even more than 1k in 5 years) and a better adoption. it could also explain why he didn't dumped even a tiny portion of his amount |
|
|
|
|
|
AtheistAKASaneBrain
|
|
April 23, 2015, 03:25:41 PM |
|
The market wouldn't crash because there would need to be a demand high enough to absorb all these coins at once to create a bump, which I doubt. Dont be scared, satoshi will never sell anyway.
|
|
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3696
Merit: 1217
|
|
April 23, 2015, 03:46:24 PM |
|
Only one block was ever spent, the rest are where they are. It is very likely that Satoshi doesn't have access to them either.
Probably he threw away the coins, as he was more of an ideologically driven person, than a money-driven one. Also, he might have never expected the Bitcoin to become so valued. Anyway, it is good news for the rest of the users. i beg to differ, he was expecting farm to grow big as they are right now, thus he was expecting a good price for bitcoin too(probably even more than 1k in 5 years) and a better adoption. I agree with these two points in your post: 1. He was expecting BTC to grow big 2. He was expecting widespread adoption of Bitcoin However, I disagree with this point: 1. He was expecting a high exchange rate for BTC, in comparison to fiat. (Satoshi was an ideologically driven individual. Exchange rates would be of no importance for him). |
|
|
|
|
|
1000000
|
|
April 23, 2015, 04:33:13 PM |
|
If there was a way to get rid of satoshi's coins. Should they be deleted?
No. In my opinion, if you 'delete' satoshi's coins, you're basically going to destroy Bitcoin. Think about it, where would be the limit? How about deleting the lost Mt. Gox coins too? And how would you feel if someday suddenly all your own coins are gone? |
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”
|
|
|
|
|
LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1011
In Satoshi I Trust
|
|
April 23, 2015, 05:17:00 PM |
|
I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.
I would want to give them to Mark Zuckerberg and have him distribute them on facebook.
when they never move, that is no problem. |
|
|
|
|
TheGr33k
|
|
April 23, 2015, 05:19:07 PM |
|
Satoshi's coins just as a time bomb, when he cashout, the market will definitely collapse, but we have no right to delete his coins, if this happened, the bitcoin will die, think about it, your wealth can be deleted, it's crazy.
Why would satoshi destroy what him and everyone else here created? I Like to think that if he ever comes back at that time many places will accept bitcoin and he will just use it. Bill Gates doesnt spend all his money or convert it all to euro |
|
|
|
|
|
josef2000
|
|
April 23, 2015, 07:34:23 PM |
|
Why should satoshis coins be deleted? He is the founder of bitcoin. Without him, we all wouldnt be here at this forum. Dont you think he should at least get a reward for it?!
|
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ |
|
|
Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1015
|
|
April 23, 2015, 08:17:43 PM |
|
Perhaps deleting OPs coins would be a better idea.  |
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
April 23, 2015, 08:24:35 PM |
|
The man created this beautiful industry, gave you the opportunity to be here and you want to leave him/her penniless. Why?
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
April 23, 2015, 08:33:08 PM |
|
For the record, these are thought to be coins under the control of Satoshi. Since they have never moved after they were mined, It is quite possible that these are now inaccessible.
|
|
|
|
|
cryptworld
|
|
April 23, 2015, 08:50:26 PM |
|
If there was a way to get rid of satoshi's coins. Should they be deleted?
It always depends on the use they would be for and the amount. But it is never good that only one person have that high percentage of bitcoins,because that is what we want to avoid here,centralization,and that is what happens if he has that huge amount |
|
|
|
|
blumangroup
Sr. Member
Offline
Activity: 350
Merit: 250
'Slow and steady wins the race'
|
|
April 23, 2015, 08:58:20 PM |
|
I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.
I would want to give them to Mark Zuckerberg and have him distribute them on facebook.
No coins earned/worked for by our inventor/s should be dictated what should be done with them by anyone except them lol We are nobody's in the scheme of things it was created to help us all climb out from under the banks control and be our own bank plus a whole brilliant things and you want to repay that buy deleting his/their coins?! Come on dude that is what is ridiculous like your grasp on how many and how the coins was acquired he worked for them as did every other miner, should we delete them all It would be awesome for you to give the coins to that zuckerberg because you would not be losing much by everyone of the distributed coins getting dumped on our face and crash the price more than we can ever imagine. |
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
April 23, 2015, 09:01:54 PM |
|
I think yes, a 21% instamine is ridiculous. It gives a bad name to BTC.
I would want to give them to Mark Zuckerberg and have him distribute them on facebook.
No coins earned/worked for by our inventor/s should be dictated what should be done with them by anyone except them lol We are nobody's in the scheme of things it was created to help us all climb out from under the banks control and be our own bank plus a whole brilliant things and you want to repay that buy deleting his/their coins?! Come on dude that is what is ridiculous like your grasp on how many and how the coins was acquired he worked for them as did every other miner, should we delete them all It would be awesome for you to give the coins to that zuckerberg because you would not be losing much by everyone of the distributed coins getting dumped on our face and crash the price more than we can ever imagine. Even better. Let's take the coins owned by the Winklevoss twins and give them to Mark Zukerberg! lol Damn, F-ed again! |
|
|
|
|
Poll
