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Author Topic: Real Satoshi and Bitcoin Price  (Read 1472 times)
Mr.grin
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May 17, 2016, 04:28:44 PM
 #21

I guess when satoshi appears, he will make bitcoin prices higher. Well it is a coin made, maybe he will make it grow and evolve into a better coin
vero
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May 17, 2016, 05:05:23 PM
 #22

i think there is no problem if satoshi original Nakamoto out to the public, as long as he does not sell bitcoin that he had for destroy the bitcoin prices all will be fine.

mrhelpful
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May 17, 2016, 05:56:04 PM
 #23

The price would honestly just surge because of different reasons out of anyones control.

But him/her being known out there would be a huge improvement since technical details like soft or hard forks with bitcoin.

And other technical stuff would be resolved by him and others give more stable direction then it is now.
jaredboice
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May 17, 2016, 07:54:16 PM
 #24

I'm not sure why it would matter.  It's an open-source protocol. The only thing I could think of that would cause the price to tank is Satoshi's mega stash of Bitcoin.  However, since all economic players should be considered selfish-in-nature, there's no reason for us to assume that Satoshi "burned" these bitcoins as some have claimed.  It seems to make the most sense to me that the majority of investors, operating under the rationale of self-interest, believe he still has them and therefore that supply has already been priced-in.

If Satoshi actually did burn these bitcoins, and it could be confirmed, I would imagine the price might go up. 
IluhaHA
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May 17, 2016, 07:55:58 PM
 #25

we have already seen panic regarding this issue in the past its no surprise that weak bitcoin users panic when they think feds will crack down or the main wallet will move.
afbitcoins
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May 17, 2016, 09:01:40 PM
 #26

I doubt the real Satoshi would want to harm bitcoin. Its his creation his legacy. The genesis block had a message about banks doing QE I think. Why would he seek to destroy his creation ?
mandica
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May 18, 2016, 06:36:12 AM
 #27

we have already seen panic regarding this issue in the past its no surprise that weak bitcoin users panic when they think feds will crack down or the main wallet will move.

After a few more revelations of the Satoshi, people will feel numb about this. When the real Satoshi comes out, the effect will not be so dramatic.
Pursuer
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May 18, 2016, 06:54:26 AM
 #28

if you are an investor in bitcoin and especially if you are a big investor (or a whale) you don't care about who satoshi is at this point. these people will only care about the price of bitcoin and how much they can earn profit from it. so in case real satoshi ever appeared it won't affect the price unless he says he is going to dump his coins which will never happen.

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mimito
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May 18, 2016, 07:00:11 AM
 #29

I wonder how would price of Bitcoin be affected if real Satoshi nakamoto comes out in public and prove beyond any doubt that he is real Satoshi.Would bitcoin price fall or would it rise very high?
It just nonsense consequently prices bitcoin down
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Amph
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May 18, 2016, 07:20:49 AM
 #30

I doubt the real Satoshi would want to harm bitcoin. Its his creation his legacy. The genesis block had a message about banks doing QE I think. Why would he seek to destroy his creation ?

also he is not the only one with a big amount of coins, so he is not the only threat out there, yet they talk only about him dumping

at this point even 200k coins would be absorbed easily by the market, none can kill bitcoin by simply dumping anymore
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