vlom
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Activity: 1498
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December 11, 2015, 04:11:09 PM |
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what will happen to the BTC price after it is clear who really wrote the paper?
i think there would be the biggest bubble ever.
and that is a problem.
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davinchi
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December 11, 2015, 04:38:29 PM |
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Satoshi has somewhere around one million coins. If these coins were to be sold on the market, it could crash the price.
yes but think about it. bitcoin is powerful not because of the price but because of what it can do. if the price went down a bit. it wouldnt hurt bitcoin. Yes, selling one million bitcoins may dump the bitcoin prices but it will bounce back to current stable price within hours for sure. Because of lot of bitcoin aspirants are waiting to buy bitcoins. Other than Satoshi's coin there are more than 15M coins are already in circulations. |
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mobnepal
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December 11, 2015, 04:43:39 PM |
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As we can see there is more than 15 million of coin in circulation so even government or satoshi himself try to sell supposed 1 million of coin he have will only create oppurtunity for the buyers to buy cheap. It will be interesting to see who is real satoshi other than that this news will not effect bitcoin in any means.
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disclaimer201
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Merit: 1001
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December 11, 2015, 05:23:44 PM |
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I find it appalling that someone wants to tax you on your bitcoin networth even if you have never realized your gains in fiat. They will never know the actual worth of said BTC in fiat until you actually throw them on the market. There is no basis other than imaginary fairytale value to tax someone actual fiat cash. I fully understand anyone fighting against such a jurisdiction and hiding the bitcoin and fleeing from such "authorities".
Having said all that, I doubt Mr. Craig Wright has been raided for supposedly owning BTC alone, but for his self-staged drama and involvement in dozens of fiat companies. He's pretty much your regular "tax offender" is my guess.
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xmax
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December 11, 2015, 08:03:04 PM |
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What if we have it all wrong and Satoshi is not a person, what if it is a group of people. In some countries forming your own currency is a form of treason, so maybe they do not want to be known because of this,. They give such a great thing to this world and then they deserve to be punished. But then again you have those in the world who like the proposition of paying it forward, but they do not want nothing in return. Do you think people are just going to say, hey Satoshi, how is your day? No, they are going to hound him and make his life a media circus.
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lolgato
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December 11, 2015, 08:40:35 PM |
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Satoshi has a lot of bitxoins if he dumps them that's the end of bitcoin right there and it would be worthless so we got to prevent him from dumping them
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tyz
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December 11, 2015, 08:53:31 PM |
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Bitcoin or acutally the blockchain is one of the greatest inventions since decades. So, everyone wants to know what person or group of people we have to thank for this present. On the other hand, many people are interested to know who is the one who probably owns Bitcoin worth of around 500 million dollars.
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Sir_lagsalot
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December 11, 2015, 09:09:24 PM |
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Agreed. Satoshi is the creator, but he has no power now. The only hand he has in the price is if he uses his supposed one million to pump. The reason we all care about him is that he brought bitcoin to us - not acknowledging him is like if Isaac Newton came back alive, noone even noticed him. How absurd is that? If it wasn't for him, we wouldn't have our physics laws of today. Get my logic?
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hayek
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December 11, 2015, 09:29:12 PM |
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Satoshi's identity is important.
For a start - Remaining anonymous is a big bump to their credibility. The person(s) acted and interacted publicly, collaborated with other people, and no one knows who they are or are keeping quiet about it. That's hard. Very hard. You need to know what you are doing to accomplish that. It also requires discipline and, likely, planning.
Secondly, the global implications. What if undeniable evidence breaks that points to a nation state? What if Mike Hearn is discovered to be Satoshi? GMaxwell? Etc.
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KaChingCoinDev (OP)
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December 11, 2015, 10:43:39 PM |
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Satoshi's identity is important.
For a start - Remaining anonymous is a big bump to their credibility. The person(s) acted and interacted publicly, collaborated with other people, and no one knows who they are or are keeping quiet about it. That's hard. Very hard. You need to know what you are doing to accomplish that. It also requires discipline and, likely, planning.
Secondly, the global implications. What if undeniable evidence breaks that points to a nation state? What if Mike Hearn is discovered to be Satoshi? GMaxwell? Etc.
Maybe even Vladimir Putin! |
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knightkon
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December 12, 2015, 01:12:34 AM |
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It does not matter. These people are playing this out like Hollywood does all these stars, such as Kim Kardashian. This is one of those because they say he is important. There are some people who would love to pick his brain with what he can do and I am sure some companies would pay millions of dollars in order to give him a job, but to the regular Bitcoin lover, there is no matter.
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