Bitcoin Forum
June 15, 2024, 05:29:21 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: speculation on satoshis coins  (Read 1934 times)
Cyaren
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 25, 2016, 06:57:02 AM
 #21

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

Perhaps he has lost the private keys and complete access to these coins, but it's probably not for that reason. Let's assume that they/he/she still owns the private keys currently.

My guess is that they understand the risks associated with spending or dumping the coins on the open market when their technology is still in the adoption stage. This will lead to a huge drop in bitcoin price and can potentially kill the whole project.
bitcoineverything
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


InvestnTrade. Latest from the crypto space.


View Profile WWW
May 25, 2016, 07:23:40 AM
 #22

Maybe that is one of his/her/their mysterious plans as how they mysteriously hid his/her/their identity.

We are here to give you all the latest from the Cryptocurrency space!
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 25, 2016, 10:20:39 AM
 #23

My guess is that they understand the risks associated with spending or dumping the coins on the open market when their technology is still in the adoption stage. This will lead to a huge drop in bitcoin price and can potentially kill the whole project.

i think that this could be the case. they might be so proud of their project that they dont want to risk it and even face all the accusations if been revealed.

if this really is the reason i must say that they have really good nerves and/or they already have enough money.
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 25, 2016, 10:22:42 AM
 #24

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.
bri912678
Sr. Member
****
Offline Offline

Activity: 348
Merit: 250



View Profile
May 25, 2016, 12:44:57 PM
 #25

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.

If Satoshi had moved his coins when Bitcoin was at $1000 it would have crashed back to $150 overnight. Those coins starting to move would make more panic than the MtGox hack did. If Satoshi ever dumps them he would have to take a giant haircut off the going rate.
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 25, 2016, 01:56:48 PM
 #26

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.

If Satoshi had moved his coins when Bitcoin was at $1000 it would have crashed back to $150 overnight. Those coins starting to move would make more panic than the MtGox hack did. If Satoshi ever dumps them he would have to take a giant haircut off the going rate.

yep, i totally agree that people would panic if he would start moving his coins. but if he then would not dump them but just would start spreading them thru exchanges etc, i think that the price would stabilize. would take a while though.
tobacco123
Sr. Member
****
Offline Offline

Activity: 552
Merit: 250


View Profile
May 25, 2016, 02:39:43 PM
 #27

If this happen I think it will be a good news for long term stability of bitcoin. He can only off-load them once and the impact will be absorbed with time. I am not worry about this at all.

quentincole32
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
May 25, 2016, 03:00:37 PM
 #28

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
So,we all had chance to lost our bitcoin because he/she (they) stole our bitcoin?i think even they can acces our private key,they will not do that,having a milion bitcoin is enough for them,and i dont think its possible to happen.

▃▃▌▌AMBROSUS▐▐▃▃▃ - TRUSTED QUALITY OF FOOD & MEDICINE
ICO date 13 September
Supercrypt
Legendary
*
Offline Offline

Activity: 1554
Merit: 1054



View Profile
May 25, 2016, 05:24:44 PM
 #29

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.
But what if he decides to release those coins in a very small volume daily? As small as if it wouldn't affect the value that much. That's plausible as well, although it would definitely take quite an amount of time for Satoshi to be able to have all the coins in the circulation.
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 25, 2016, 06:05:34 PM
 #30

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.
But what if he decides to release those coins in a very small volume daily? As small as if it wouldn't affect the value that much. That's plausible as well, although it would definitely take quite an amount of time for Satoshi to be able to have all the coins in the circulation.

i think that even in this case people would panic and it would effect negatively to the price.
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 25, 2016, 06:06:34 PM
 #31

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
So,we all had chance to lost our bitcoin because he/she (they) stole our bitcoin?i think even they can acces our private key,they will not do that,having a milion bitcoin is enough for them,and i dont think its possible to happen.

not sure that i understand what you mean. nobody here thinks that satoshi would be able to steal our coins.
amacar2
Legendary
*
Offline Offline

Activity: 1120
Merit: 1008

CryptoTalk.Org - Get Paid for every Post!


View Profile
May 25, 2016, 06:23:05 PM
 #32

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
because if he even moves 1 bitcoin from one of the address known as the satoshi addresses market will be quickly dumping in the fear of those all satoshi owned millions of coin will be out to the market. This will ultimately die the bitcoin market and give the chance for alt to come above bitcoin which satoshi will never want to see.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
biggbox
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
May 25, 2016, 06:23:55 PM
 #33

Perhaps before halving, there will be movement to his/her coins and the coins will be released to the public. Maybe its a conspiracy to crash Bitcoin prices during halving.

1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
jyakulis
Sr. Member
****
Offline Offline

Activity: 468
Merit: 250


J


View Profile
May 25, 2016, 07:24:14 PM
 #34

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?
i think that the creator of bitcoins satoshi just wants the bitcoins to be a good currency thats why those coins are just sitting unspendable and they most probably will not be sold

i think that we are safe that those coins will never be moved so we will never have any trouble about a really fast dump that might happen one day because of fast selling of coins

ya I bet Satoshi be more like this with the people on here:

https://www.youtube.com/watch?v=zSQNl4V_R88

bitcoin address: 35CezzikPXjx4QmTgpeU3ByQ42s8mVcbaF
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
May 25, 2016, 07:31:56 PM
 #35

i think satoshi is spending the coin,
That makes no sense.

i think it is also make sense that satoshi spending the coin because its his/her hardwork to create bitcoin
No it doesn't. Satoshi, unlike many of the 'bitcoiners' here, was not led by greed.

i think that even in this case people would panic and it would effect negatively to the price.
Nothing surprising there, weak hands, i.e. sheep.

Perhaps before halving, there will be movement to his/her coins and the coins will be released to the public.
No, that doesn't even make sense. Even if all assumptions were correct, that would be a irrational action.

Maybe its a conspiracy to crash Bitcoin prices during halving.
Do you need a tinfoil hat?

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
cjmoles
Legendary
*
Offline Offline

Activity: 1176
Merit: 1017


View Profile WWW
May 25, 2016, 07:46:08 PM
 #36

It's easy!  Satoshi does not need the money!  Like Warren Buffet....Buffet still drives his old beat up car (not a Lambo!), has his old 1950's recliner, a modest house he bought in the 1950's, an electron tube television, and his books!  He has all that he needs and he's happy.  It's the same with Satoshi....He obviously has a more refined value system.  If one has love, happiness, and is content living a simple life, then what more will money buy other than TROUBLE?
btccashacc
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 25, 2016, 11:18:00 PM
 #37

as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation
jukka (OP)
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250


View Profile
May 26, 2016, 06:31:35 AM
 #38

but if satoshi doesnt need the money and doesnt want bitcoin to be destroyed, he could just burn the coins and end the speculation.

why he hasnt done that?
electronicash
Legendary
*
Offline Offline

Activity: 3122
Merit: 1052


Eloncoin.org - Mars, here we come!


View Profile WWW
May 26, 2016, 07:43:14 AM
 #39

as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation

thats very possible. he may even have another project, maybe another coin to which we might have been exchanging.
those coins he kept are just kept maybe for a very emergency needs. maybe someday, we'll see those coins moved to another address as a donation to a humanity project.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
bob123
Legendary
*
Offline Offline

Activity: 1624
Merit: 2481



View Profile WWW
May 26, 2016, 11:46:40 AM
 #40

as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation

thats very possible. he may even have another project, maybe another coin to which we might have been exchanging.
those coins he kept are just kept maybe for a very emergency needs. maybe someday, we'll see those coins moved to another address as a donation to a humanity project.

This could be possible.
Satoshi would have helped the world without even investing a cent.
Such a genius.

Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!