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Author Topic: How Will It Affect The Bitcoin Price, If Satoshi Tell The Truth ?  (Read 1817 times)
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February 20, 2017, 02:07:49 PM
 #21

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?
If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.

depending on the disclosures that satoshi Make many governments will seize the opportunity to ban bitcoin and may even start making prisons for bitcoin users

Bitcoin benefits greatly from the anonymity of satoshi

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February 20, 2017, 02:10:28 PM
 #22

Simple Grin.
The price will increase bitcoin will have a transparency since Satoshi Nakamoto will reveal the truth about bitcoin and that can create much hype that can make the market price goes up and also hype on the tv news because of the revelation that will happen Roll Eyes.
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February 20, 2017, 02:12:01 PM
 #23

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?
There isn't any mystery behind bitcoin and blockchain, but if Satoshi himself surfaces and just gives a press conference whether it is related to bitcoin or not(well it would be) the bitcoin market will have some huge waves mostly positive I hope.
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February 20, 2017, 02:13:13 PM
 #24

If satoshi will tell the truth then it will be a positive effect for the price for sure because it finally bitcoin will be transparent and it can attract more investors because they will be more comfortable in bitcoin since they know the truth behind to this great creation and it is from the creator which is Satoshi Nakamoto. Can't wait for that moment to happen, very exciting.

If Satoshi come out and tell the truth, then people will be intrigue more about bitcoins and this will cause a rise in the price of it. Then Satoshi will be a legend and will be considered as one of the greatest innovator of the century and will be cover of a lot of tech magazines. As a result people will adopt bitcoin and will be universally accepted and became mainstream.
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February 21, 2017, 08:36:07 PM
 #25

I am doing an un-official survey from the Office of Satoshi. Therefore, feel free to make your comment as you like.
I am starting to think what is the real problem ,creating FUD threads one after the other and really impersonating people which i think is against the site rules and i hope someone will tag you pretty soon for these kind of false claims.Bitcoin is open source and there is no mystery behind it .
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February 21, 2017, 09:35:38 PM
 #26

I dont think revealing it will cause any big or major problems on bitcoins and the bitcoin network.Theres no such mysterious secretes about bitcoins and how it is build or published on created.Bitcoin is now and independent coin that bases on users of it.And i think no minor problems will affect its price at all but instead may lead to a good news too
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February 22, 2017, 05:43:05 AM
 #27

I have a feeling that the level of impact it will have on price, depends on the total number of people that even believes he is the one because several people have claimed to be Satoshi but the fact that a lot of people does not even care about them makes it not affect the price of bitcoin and maybe the real Satoshi is already out. Who knows?
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February 22, 2017, 06:04:43 AM
 #28

It will change nothing if he talks apart from maybe a hype where a lot of people will get to know Bitcoin and come on board. Besides everything about Bitcoin is known and there's no secret mystery to be told. His anonymity will be the marvel of the media and why he did that.
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February 22, 2017, 06:08:06 AM
 #29

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

I think it also depends how satoshi nakamoto said, because any information that happens it has 2 sides (bad and good). where any good information will definitely make the higher price bitcoin, and so did the bad information that is going to make the price of the bitcoin down. Bitcoin is simply an investment in which I use it for the long term and I am confident that the investment will make me gain wealth in the right time
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February 22, 2017, 06:21:24 AM
 #30

The media already know bitcoin and all the truth you need to know about bitcoin is in its source code which is publicly available.

Since you are close buddy with satoshi, why not just tell us the secret and we will decide what will be the effect on the market?
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February 22, 2017, 06:33:05 AM
 #31

Today we are happy with bitcoin and making some money with it. Even we don't know who is fielding the farms but still we are eating, Even we don't know who stitches our clothes but still we are wearing it. We don't know actual person who is behind all these but we are using and making money. Once he open's to media governments will keep him in jail, so it is not good to people who believe in bitcoins.
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February 22, 2017, 06:38:35 AM
 #32

There is nothing hidden or mysterious. Everything with the technology is open to the public. Each and everyone who make a detailed study easily knows about it. Also he didn't made it to be a secret, from the early days he discussed with several people to make it the best. So revealing himself or something about the technology is not gonna make some changes in the price.

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February 22, 2017, 06:42:19 AM
 #33

What would satoshi would tell about the truth? On what thing? Just like been mentioned by other bitcoin is an open source also with blockchain and theres nothing below it does could able to mean to manipulate bitcoin or any other thing that would compromise its current price.

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February 22, 2017, 08:09:07 AM
 #34

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?
If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.

depending on the disclosures that satoshi Make many governments will seize the opportunity to ban bitcoin and may even start making prisons for bitcoin users

Bitcoin benefits greatly from the anonymity of satoshi

what are you talking about? what kind of truth? i do not think that there is any thing hidden in bitcoin, bitcoin is very clear and will always remain clear. i do not think that there will be any effect on the price of bitcoin.
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February 22, 2017, 08:35:56 AM
 #35

There's no mysterious truth about Bitcoin and Blockchain technology because it's open source unless we comprehend about bitcoin and blockchain differently with Satoshi's mind or Satoshi have something that Satoshi haven't implanted or add into Bitcoin before he dissipated.
If it's true, it will affect bitcoin price depends on how shocking the truth and if it's good/bad for bitcoin and our economic.
As what you said, the blockchain technology is open source, so it is very clear that we already have all we need to judge if this technology is legitimate or not, and for many years, we have seen how bitcoin has grown and continue growing. Therefore, even if satoshi will appear, it will not change how the market is moving but it will be good for the community since the inventor is not anonymous anymore. Actually. I think God made the blockchain.

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February 22, 2017, 09:28:40 AM
 #36

Well, it will depend on who he is.  If it's some scam artist yeah I'd think that would hurt the price.  If it's a guy who devoted his life to his dream of decentralized digital money then it won't be as bad.  Nevertheless he/they are human and so part of it his motivation was probably the possibility that they could get very rich.  And the mans got phat stacks to the moon now.  I'm sure he's sold a lot of what he mined in secret, but 5-10% remains unmoved.  And I don't buy at all that those keys were lost.  So people would ask him about that and what his plans are, etc, since he could move the market very easily.  He's the ultimate whale.  If a Brontosaurus had sex with a blue whale and gave birth to a btc trader it would be him.
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February 22, 2017, 09:40:03 AM
 #37

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?
If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.
But why? what's the reason behind your statement that said if satoshi reveals himself then the price will be hardly dumped? how if the thing goes the opposite and bitcoin hardly pumped?
Your statement that saying the price will be dumped is just unreasonable and pure speculation.
The price indeed could decreasing, but only if satoshi does something which may really affect bitcoin as a whole such as selling his bitcoin at a sudden.

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February 22, 2017, 09:45:39 AM
 #38

There is nothing that is hidden about the blockchain and bitcoin. Only thing hidden is that who is satoshi, and if he reveals himself then I don't think there would be any big impact on the price of bitcoin.
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February 22, 2017, 10:22:03 AM
 #39

What truth do you want him to say op. There is no truth left for people to find except his identity may create a wave for the Bitcoin but apart from that there nothing for him to say, or except if he decides to make his coins private. What exactly do you want him to say that changes the fate if Bitcoins. I really don't think you really have a clue about Bitcoins do you, and of all threads targeting his identity now you want to target his words. Research more about Bitcoins, there more to it then satoshi word. Look at the current price, research on it. And since you are speculating, it belongs in speculation board. Also if you understand lock this thread
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February 22, 2017, 10:28:11 AM
 #40

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

From where I stand, I dont see any way how it will affects and even if it will, it will just be mild and wont even create unnecessary tension that are likely to surround that and the reasons from my end is because bitcoin today has grown to a level where the people exposed to it in the earlier years cannot envisaged as at the time. Another is that even if he comes out, quite a number of respected personality in this crypto-world will still cast doubt on the authenticity of his claim and the time to do this will reduce the impact it would have had in the first place.
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