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Author Topic: Satoshi and Bitcoin value  (Read 4228 times)
MONKEYJUNK (OP)
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November 16, 2016, 04:53:58 AM
 #1

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?
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November 16, 2016, 05:00:30 AM
 #2

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?


Hahaha!

I think if satoshi appears, many people will go to know him more.. or maybe satoshi can be more popular than now.
I think he is a genius that can increase the value of bitcoins.
Or he can legalize satoshi or bitcoins since he was already revealed his personality.
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November 16, 2016, 05:02:28 AM
 #3

...
What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.

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November 16, 2016, 05:16:47 AM
 #4

...
What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.



How many coins Satoshi have? I heard about 1 million coins somewhere, don't know if this is true...

Can we see their wallet somewhere? Like in "top 100 richest wallets"?
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November 16, 2016, 05:22:49 AM
 #5

...
What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.

How many coins Satoshi have? I heard about 1 million coins somewhere, don't know if this is true...
Can we see their wallet somewhere? Like in "top 100 richest wallets"?

No one knows how many coins Satoshi personally mined.
It is estimated to have been around 1.5 million based upon an investigation that used assumptions.

There is no wallet or address that contains all the coins, since Satoshi used a new address after each found block.
The most Satoshi controls per address is about 50 bitcoins, plus any dust that users sent to those addresses.
If you look at many of the early blocks where the coinbase in unmoved, those may be Satoshi's mined coins.


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November 16, 2016, 05:27:39 AM
 #6

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

actually for me satoshi and the fact that we don't know anything about satoshi's identity is the clear example of bitcoin anonymity an level of anonymity one can reach when using bitcoin.

Quote
What could happen if Satoshi appears?

nothing much, some hype, some FUD and some price volatility. but it will last a short while before we are back to normal.

Quote
If he start to appearing on media and things like that, can pump the coin?

it can go both ways, as i said there can be some hype because some people think satoshi is a god and there can be some FUD because many will say he will dump.

Quote
If he's an criminal or something like that, it can dump the coin?

again temporary.
because whether satoshi is a saint or a crimnal that doesn't change anything about bitcoin. bitcoin is open source and it has changed a lot since the days of satoshi

How many coins Satoshi have? I heard about 1 million coins somewhere, don't know if this is true...
Can we see their wallet somewhere? Like in "top 100 richest wallets"?

again this is another example of the anonymity. we do not know how much satoshi owns unless he has clearly said address 1, 2 ,3 is mine. and there are already some topics speculating about that you can find by searching.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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November 16, 2016, 05:31:26 AM
 #7

Well I don't think that whether satoshi appears finally or not matters to the bitcoin price. If he appears - great. Nobody will no for sure that he is the original satoshi nakamoto anyways. If he dumps his coins, alright. Cheaper coins for us to buy in. If he doesn't appear, doesn't matter. Bitcoin is already working fine.
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November 16, 2016, 05:40:54 AM
 #8

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

I don't think that Satoshi's real identity is Satoshi. He is hiding in that alias and for sure he is still alive today. But I don't know if he will appear in the last days. There is one thing that I am sure of that Satoshi is just monitoring and looking upon what is happening to his invention. And he did enjoy the fruits of his invention until now.

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November 16, 2016, 06:49:45 AM
 #9

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

bitcoin price is set based on supply and demand since there is no centralized place to set the price for us! so if satoshi appears out of nowhere and proves his identity to us, the bitcoin price will changed based on the majority of people's reaction to this event.
if they like it the price will go up
and if they panic the price will go down.

Only Bitcoin
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November 16, 2016, 07:10:27 AM
 #10

The price will definitely go down, once Satoshi's real identity gets revealed. < If he is still alive > You have to remember that he still owns loads of unused coins. < about 1 million > and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

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November 16, 2016, 07:41:37 AM
 #11

The price will definitely go down, once Satoshi's real identity gets revealed. < If he is still alive > You have to remember that he still owns loads of unused coins. < about 1 million > and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

What if this guy is already in jail in some country? We never know...

About the million coins, he's the owner, he can trade if he wants but I doubt that he will do this... He never spent none of their coins?

About "we are all satoshi", we should make an "Satoshi mask"
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November 16, 2016, 07:58:49 AM
 #12

The price will definitely go down, once Satoshi's real identity gets revealed. &lt; If he is still alive &gt; You have to remember that he still owns loads of unused coins. &lt; about 1 million &gt; and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

What if this guy is already in jail in some country? We never know...

About the million coins, he's the owner, he can trade if he wants but I doubt that he will do this... He never spent none of their coins?

About "we are all satoshi", we should make an "Satoshi mask"

That's true, bitcoin as a coin of creativity and innovation. Whether Satoshi is alive or dead or in jail, he had given life to lots and lots of common man. As mentioned one day every user needs to be masked as Satoshi to give respect but to make a mask none knows the real face.
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November 16, 2016, 08:04:42 AM
 #13

Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?

this will never happen because if satoshi wanted to come out, he would have done it already so my guess is either he is dead or he wanted to value his privacy so he stayed anonymous.

in any case satoshi will only bring panic because many believe he owns lots of bitcoin and he can dump and kill the price- not that thee is any truth to that-

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November 16, 2016, 08:12:04 AM
 #14

The price will definitely go down, once Satoshi's real identity gets revealed. &lt; If he is still alive &gt; You have to remember that he still owns loads of unused coins. &lt; about 1 million &gt; and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

What if this guy is already in jail in some country? We never know...

About the million coins, he's the owner, he can trade if he wants but I doubt that he will do this... He never spent none of their coins?

About "we are all satoshi", we should make an "Satoshi mask"

That's true, bitcoin as a coin of creativity and innovation. Whether Satoshi is alive or dead or in jail, he had given life to lots and lots of common man. As mentioned one day every user needs to be masked as Satoshi to give respect but to make a mask none knows the real face.

Bitcoin and satoshi value differs with each other, if we say 1,000,000 satoshi then it only have 0.01 btc value. So we can see to it that you need more satoshi in order to obtain high value of btc, and it really shows btc is much higher value than satoshi which really smallest compared to bitcoin.

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November 16, 2016, 10:10:46 AM
 #15

-snip-

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

This.
Satoshi wants to left alone, so satoshi disappeared and for respect satoshi masterpiece we must guard from any treat which can ruin it or even break the community.

Well it's still mystery satoshi identity, it will never ends if we talk about it.
Satoshi might be already dead or satoshi is around us, at this forum, watching this thread. We don't know, we must know we are satoshi now.
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November 16, 2016, 10:15:19 AM
 #16

What could happen if Satoshi appears?

That would be so called shit storm.
I mean, he would be sued to hell, by people that don't understand that this is not his fault, but theirs.
He would have no more normal life, he would be pursued, he would be asked for opinion on bitcoin when he should not be.

That would be hell for him and for us.
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November 16, 2016, 10:24:06 AM
 #17

satoshi is one of those topics that we can never know the answer to unless it happens. for example you can never say if satoshi reveals himself price goes up or down until it happens because it is not just about his identity, but it is about all the drama that comes with this big reveal. and all the coins he has from his early days and also his stance about the recent debates.

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November 16, 2016, 12:52:11 PM
 #18

If satoshi appear in public it will be controversial, the user will be grateful to him and the developer will learn from him how to expand and develop bitcoin further but, satoshi will become the criminal target and the government will want him to pay tax,but I think satoshi apperance in public will make bitcoin value to go up
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November 16, 2016, 01:25:34 PM
 #19

Don't forget the possibility that Satoshi could be a group of people.



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November 16, 2016, 01:34:25 PM
 #20

If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?
Yes to some extent both can happen, but I think it wont have a great impact on Bitcoin, yes maybe the price may go +- $100-200
People are just expecting too much from satoshi maybe it wont be a very big deal, or satoshi could be dead (that's unlikely).
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