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Author Topic: What will Satoshi Nakamoto do with his Bitcoins?  (Read 2404 times)
m4nki
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February 13, 2016, 09:42:18 AM
 #41

He could also distribute the coins at some point among all coin holders for being the first advocates of his invention or set up a Bitcoin fund where every citizen in the world can claim a bit of Satoshis.

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February 13, 2016, 09:59:56 AM
 #42

I think satoshi will just leave the coins in peace just for display we will never know theres many things he could plan with that huge amount of bitcoins.

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February 13, 2016, 11:02:44 AM
 #43

He will give me at least 1,000 BTC for being a BTC supporter. Just kiddin... I have no idea honestly.

your link here
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February 13, 2016, 11:12:48 AM
 #44

Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?




With this amount of money one could help significantly in solving big social issues of mankind, such as hunger or several tropical diseases.
No, no amount of money will cure hunger problem in any place, not for long at least. Giving people the money is not the right way of solving problems.
You want to give them fishing rod, not the fish. And why the hell Satoshi should be giving his money to anyone in the first place?
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February 13, 2016, 01:07:40 PM
 #45

if i were satoshi i wouldnt do anything with it, but there are a variety of options, for example to sell it
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February 13, 2016, 04:49:08 PM
 #46

Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?


satoshi nakamoto will give that amount for charity Wink i he really creator of bitcoin,they dont want to use it anymore,i believe he have so many money and other assets.
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February 13, 2016, 04:57:07 PM
 #47

hmm, i dont think satoshi will ever move his coins tbh, i actually think he died. its been so long since he even said anything on the internet. i know he doesnt wanna expose himself. but even posting anonymously would show hes still alive.
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February 13, 2016, 05:07:15 PM
 #48

Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?



If Satoshi is a real person, then he deserves to do anything he wants with his huge pile of wealth.
If "Satoshi Nakamoto" is a team of NSA agents, then we are helping create a New World Monster and a very scary future.

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
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February 13, 2016, 05:13:48 PM
 #49

Probably nothing, my expectation is that they will sit untouched forever. It has been years already, what is to assume that things will change soon?
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February 13, 2016, 05:19:31 PM
 #50

I believe he will donate it to charities and poor people in the world so that there will be equality on earth (and hence make it really revolutionary). Or he will just keep it to himself, forever untouched, untainted and unspent forever...
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February 13, 2016, 05:28:42 PM
 #51

I don't think he can enjoy all his bitcoin with being anonymous so its better for him now to get public because even he can't shut down the bitcoin network and he can enjoy spending and exchanging those large furtune he have.

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February 13, 2016, 05:32:08 PM
 #52

Probably nothing, my expectation is that they will sit untouched forever. It has been years already, what is to assume that things will change soon?
and thats actually a good thing imo. if millions of bitcoins remain untouched. thats about 10% of the entire supply of bitcoins, and more people continue to lose their bitcoins everyday. so a lower supply means that the price will steadily go up.
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February 13, 2016, 05:34:10 PM
 #53

Satoshi Nakamoto should definitely do charity with his coins, not just to help but also to spread the word Bitcoins to those who still don't know about it yet...

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February 14, 2016, 07:48:16 AM
 #54

Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?


satoshi nakamoto will buy food and other goods wih bitcoin Grin i think he will use that bitcoin for develop bitcoin further,satoshi and team maybe have some plan to make bitcoin better than now.
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February 14, 2016, 07:59:00 AM
 #55

all of those bitcoins that supposedly belong to satoshi will most probably stay as they are, not touched. if satoshi was planning on selling or using any of those coins, he/she/them would have done it a long time ago when the price was $1200.

Satoshi Nakamoto should definitely do charity with his coins, not just to help but also to spread the word Bitcoins to those who still don't know about it yet...

this is a good idea. i think it would be best those coins could go to a legitimate charity organization. that would also bring a lot of publicity with good word of charity work for bitcoin.

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February 14, 2016, 08:10:15 AM
 #56

I think he will spend some of his bitcoin and then most of the bitcoin will go to charity

because if Nakamoto want to make himself rich, he will do it when the bitcoin price is at peak
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February 14, 2016, 08:12:26 AM
 #57

why dont you people let him decide what he is going to do with his coins ,why you people want to dictate things . its his tech in the first place . let him have his freedom and his share
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February 14, 2016, 08:29:42 AM
 #58

I think he will spend some of his bitcoin and then most of the bitcoin will go to charity

because if Nakamoto want to make himself rich, he will do it when the bitcoin price is at peak

He assumed a BTC to be worth a million, so I think he won't be selling it at any cost unless he sees that value...
It's still a dream, but dreams are meant to be made true if we put some effort into it...

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February 14, 2016, 08:53:59 AM
 #59

i hope he never touches those coins, because it is going to create a massive panic and news will be filled with a lot of FUD, the result would be on bitcoin price so we will take the hit.














 

 

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February 14, 2016, 09:16:42 AM
 #60

Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?




With this amount of money one could help significantly in solving big social issues of mankind, such as hunger or several tropical diseases.

Not until the value goes up more, if he dumps them on the market he would crash it and likely kill it.  Not sure we could handle going back to double figures.
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