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Author Topic: Satoshi and Bitcoin value  (Read 4228 times)
clickerz
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November 16, 2016, 02:33:56 PM
 #21


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.

I think someone from Australia claimed or investigators lead to that professor. I think there is a documentary about him and is writing a book, about how his home was raid.

Australian Craig Wright claims he is bitcoin founder Satoshi Nakamoto

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November 16, 2016, 05:11:45 PM
 #22

If he would appear in the public, how would he proof that he is the creator of ''Bitcoin''?
I think he can't appear anymore.
Probably he is a smart guy who is working at a new project!
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November 16, 2016, 06:21:56 PM
 #23

...
I think someone from Australia claimed or investigators lead to that professor. I think there is a documentary about him and is writing a book, about how his home was raid.

Australian Craig Wright claims he is bitcoin founder Satoshi Nakamoto


Craig Wright is not Satoshi Nakamoto. Extraordinary claims require extraordinary evidence.

Experts Call Craig Wright a ‘Con Man’ and ‘Fishy’ for Claiming He Created Bitcoin

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November 16, 2016, 06:25:48 PM
 #24

There is no reason for satoshi to came up revealing his identity after this long time, if he like to reveal himself he may have done that long time ago. I really doubt that he is even alive till now.
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November 16, 2016, 06:33:17 PM
 #25

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?
- If satoshi appears all of sudden there will be lot more panic in market far from anybody could imagine.
- That may make dump the coin and i don't think satoshi like to see that
- He can't be considered as criminal, he may be awarded by Nobel prize in finance for this revolutionary project.

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November 16, 2016, 06:37:32 PM
 #26

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 doub the will ever reveal himself. Maybe one day when he is very old he will because by then he would be too old to do anything about. Lol he will admit it when he is on his death bed. It is a very interesting question you ask. If Satoshi revealed himself what would happen to the market ? Noone can know but I am pretty sure it would make a major impact and bitcoin could possibly skyrocket in value.

 
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November 16, 2016, 06:46:52 PM
 #27

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?

These matters had already been discussed on the forum in great detail a few months ago when some Australian professor (don't remember his name) had been proclaimed as Satoshi himself. People seemed to be more concerned if he was going to spend his million of bitcoins stashed in the nearest future and not so much about who he was as a person or whether he was engaged in some criminal activity...

I don't think anything has changed since then (oh, well, it was Craig Wright)

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November 16, 2016, 09:38:57 PM
 #28

Why are people speculating satoshi is dead? He never revealed his identity and isn't bitcoin supposed to be almost impossible to track?
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November 16, 2016, 09:51:48 PM
Last edit: November 16, 2016, 10:22:03 PM by deisik
 #29

Why are people speculating satoshi is dead? He never revealed his identity and isn't bitcoin supposed to be almost impossible to track?

He may be dead, but he may be still alive. If he is alive and kicking, people would expect him to spend at least part of his huge stash of bitcoins he accumulated during the early phases of Bitcoin existence. Since he doesn't touch these bitcoins, and the odds of him losing the keys are small to negligible, people start speculating that he has already kicked the bucket. As to me, that's why people say what they say about Satoshi. But he may just as well be rotting in one of the secret CIA prisons, and Trump can potentially save him if he finds out...

What Hillary would do if she found out should be absolutely obvious


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November 16, 2016, 10:12:11 PM
 #30

Its wizzard has soo many power in hands, in fact into his wallets and dont use them to let the market get his bitcoins, sure the transactions would be record forever, but the thing is people think that he might be dead as well lost the keys.
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November 16, 2016, 10:27:16 PM
 #31

...
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.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
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November 16, 2016, 10:48:43 PM
 #32

...
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.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
The value of bitcoin right now is relaying in demand and supply also in adoption.. satoshi has no power to control it.
Also i think if satoshi is one person and if someone who knows many people who are holding bitcoins or knows about bitcoin are many question to him or possible wanted by thieves because he is the first who holding a lot of bitcoin and make a huge money with bitcoin.. so his life maybe still in danger that is why satoshi is still hiding.. so it is impossible that satoshi will appear.. this is just my opinion.

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November 17, 2016, 12:01:00 AM
 #33

...
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.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
Or it may say other for the market of demand, It'd made any un-trust feel from the holders of bitcoin. The owner was dumping his coin and what's next? A lot will be feeling panic soon. I have imagined the price totally get dump too. And even the bitcoin wasn't mean anything.

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November 17, 2016, 12:08:34 AM
 #34

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?
Satoshi appears and a ton of agencies want their hands on him. They'll want to coerce him to give them "permission" to regulate Bitcoin. Assuming Satoshi isn't an agency already. If he appears on media, you'll know it's BS and get rid of it, because something will happen to him, or has happened. Expect profits to be made quickly and likely a new ATH to happen.

If he's a criminal, expect laws. Probably a lot of them.
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November 17, 2016, 12:24:02 AM
 #35

If he/she/they show up, I do not think the price will be significantly affected. Bitcoin will continue to expand, and the network will remain stable. But if he/she/they, for some reason, move the funds, or part of it, I believe there will be a little panic in the market. However, the price would once again recover and stabilize after some time.
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November 17, 2016, 12:28:05 AM
 #36

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.

a satoshi dump would produce short term chaos, maybe, but in the long term it would be a good thing. the doubt would finally be extinguished.

if satoshi turned out to be a total asshole then it really doesn't matter any more. bitcoin is bigger than one person and he's had nothing to do with development for many years. throw in a dump too and he's a footnote in bitcoin history, albeit a truly huge one.

and i dunno if it would be possible for anyone to prove they were satoshi any more. most of his accounts are compromised. he can hand over private and pgp keys to anyone he likes.
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November 17, 2016, 02:27:21 AM
 #37

He is a game changer and he might have planned a very big leap do he is not coming up and reporting to media and world. Also he might think that if he comes out then bitcoin would become less impotence and many developers like him might try to do the same. Or someone might also murder him . May be this and that reason. But now he is a multi millionaire i am sure
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November 17, 2016, 03:31:51 AM
 #38

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.
If Satoshi appears people will react in positive way and no chance to panic as the price could be more increasing because people thank to him who has been invented bitcoin.
Mr. Satoshi must have Million of bitcoin obviously, and maybe constantly sell his coins like 2coins per month.
His identity keep anonymous because he likes it that way I thought, only several friends ever know him.
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November 17, 2016, 03:43:19 AM
 #39

I think if satoshi actually appeared to the public, perhaps he is not the original satoshi. but someone claiming to be satoshi. because during this time satoshi Nakamoto name is the name of the creator of Bitcoin very conceal his identity. I really doubt if anyone who claims to be satoshi Nakamoto and announced to the public.
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November 17, 2016, 04:36:48 AM
 #40

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

I don't know, what about the ~1kk mined coins?
If Satoshi is a group, I doubt they still hold all coins.

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?
- If satoshi appears all of sudden there will be lot more panic in market far from anybody could imagine.
- That may make dump the coin and i don't think satoshi like to see that
- He can't be considered as criminal, he may be awarded by Nobel prize in finance for this revolutionary project.

When I said criminal, isn't about bitcoin, just any other thing.
Wow, this guy deserve a prize like that!

Why are people speculating satoshi is dead? He never revealed his identity and isn't bitcoin supposed to be almost impossible to track?

The guy disappear so this is an possiblity.
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