speculation on satoshis coins

[Cyaren]

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]

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

[jukka]

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]

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]

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]

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]

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]

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.

[Supercrypt]

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]

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]

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]

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.

[biggbox]

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.

[jyakulis]

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

[Lauda]

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?

[cjmoles]

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]

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]

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]

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.

[bob123]

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.