luxcoin
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October 13, 2017, 07:25:46 AM |
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it could be. But do you really care ? How much money the traditional bank own ? How about the power of centralised power to even PRINT more money ?
We owe to this guy the possibility to change the world like we have seen it since today. So for his illuminant vision, he could have like 10 times that amount and he has truly gained.
So don't be afraid about his operation - as founder he would never cause any problem
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AGD
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October 13, 2017, 08:38:44 AM |
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Guys the problem is not that the price could go to zero if he decide to sell all the bitcoins. The problem is giving so much power to a single group o people.
I already asked you to explain why you think that Bitcoin could go to zero if Satoshi sells all of his coins, but instead of answering, you are posting the same bs statement again. You can't explain, because you have no idea.
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chip211
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October 13, 2017, 09:23:14 AM |
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Hi guys,
what do you think about Satoshi controlling 1/20th of all Bitcoins?
I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.
Take care F
As known satoshi is an established group that creates bitcoins so i think they can hold a bitcoin number greater than 1/20.
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bitbollo
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October 14, 2017, 06:21:57 AM |
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... after all those years he only made 1 tx ... I can't think a better person (single identity) to keep such amount ...
I don't think it's impossible for one persone hold this amount without spending. He can even mining btc after when price was around 10 $ ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) and not just 0 like the firsts blocks ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ... there is an impressive profit even. Or he can create btc without awareness of the future impact... and not saved the priv key of some address? There are too many speculations, it's impossible know anymore ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I Love this alone of mistery behind btc ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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theunbeatable
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I could either watch it happen or be a part of it
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October 14, 2017, 07:15:18 AM |
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Hi guys,
what do you think about Satoshi controlling 1/20th of all Bitcoins?
I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.
Take care F
Well I think hes really holding a 500000 and up. Hes a genius but there are rumurs that some guy is just cashing out some really big amounts these days. Well if satoshi is a group of people then they will divide it equally but if he is an individual, this will be an issue for the price but still I think he wont let the market gets disrupted by cashing out or else hes just putting a bad name to his reputation. Slowly cashing out is his best option and nit in bulk.
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btcbrother
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October 14, 2017, 07:21:01 AM |
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I heard a rumor that Satoshi controls 1,000,000 Bitcoins, not only 500,000. Which one is the truth?
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mchaud
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October 14, 2017, 04:47:10 PM |
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Hi guys,
what do you think about Satoshi controlling 1/20th of all Bitcoins?
I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.
Take care F
There is no point for him in selling these as the price would immediately plummet to zero! Please explain. (I already know you can't) What should I explain ? This is very simple reasoning here. Any holder who sees one bitcoin moving from satoshi's addresses (right he could sell the whole address) will immediately panic sell.
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Crypdon
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October 14, 2017, 07:24:08 PM |
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Hi guys,
what do you think about Satoshi controlling 1/20th of all Bitcoins?
I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.
Take care F
There is no point for him in selling these as the price would immediately plummet to zero! Please explain. (I already know you can't) What should I explain ? This is very simple reasoning here. Any holder who sees one bitcoin moving from satoshi's addresses (right he could sell the whole address) will immediately panic sell. LOL, it is true though - they will assume 1 million bitcoins will flood the market. One thing will be verified though, satoshi is still alive!
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Shotz
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October 14, 2017, 07:26:06 PM |
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I don't think that Satoshi has ever touched his wallet and if he cares about the future of bitcoin then he shouldn't do so anytime soon. Even 1 btc transaction would show that he has access to them and could cause panic. As of now anything is possible.
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osasshem
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October 14, 2017, 07:30:53 PM |
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Be who ever, if anybody is holding such a quantity of bitcoin, then the entire crashing of the crypto market is on his hands.
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sweetbet
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October 14, 2017, 07:37:03 PM |
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It's all pure speculation. No one knows for sure.
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wellsontheja
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October 18, 2017, 11:50:37 AM |
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As i know satoshi is control more than 1 millions bitcoin and it was spreading in around 100 until 200 addres. Well he's father of bitcoin and it's very normal i think too hold bitcoin in big amount like that to control the price of bitcoin But it's all is pure speculation no one knew for sure.
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glowing10
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October 18, 2017, 11:55:56 AM |
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It's all pure speculation. No one knows for sure.
Exactly as no body known firstly is Satoshi a individual or a institution. Is he still there or not. So this is all mere speculation which is a like spreading a false rumor and nothing more than that. The best is that how much do we own of this space should be more important rather someone else owning would be at this point.
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bellaboots
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October 18, 2017, 11:56:08 AM |
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This is one of the features of bitcoin, the blockchain can be inspected by anyone - if anyone starts selling those bitcoin, then its time to ask questions.
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btcprospecter
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October 18, 2017, 11:57:59 AM |
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The fact is that no one knows for sure who has control of these bitcoins if they did start moving there could be trouble. It is a massive amount of control someone could have. Satoshi is the champion of holding.
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Prince07
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October 18, 2017, 11:58:28 AM |
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Yes, this can be a problem
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hypersonic1
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October 18, 2017, 12:08:38 PM |
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It's honestly not a big deal considering the cap is in the millions. As the creator it's a nice bump to them. There are worse examples in the USD arena as well. Just let it be.
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teamjk
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October 18, 2017, 12:32:16 PM |
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according to an old post back in 2013
-a single computer solved most of the blocks up to worth 1 M BTC (at that time total 1,6 m BTC should have probably got mined altogether) -started from block 0 -and none of these specific btc's were never been spent until oct 2012
Also the research pointed out that mining from this machine mining disappears in approximately MAY 2010.
so the assumption is that someone did own 1 m btc back then including the very first one. What happened afterwards it's anyone guess
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bitcoinvestor
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October 18, 2017, 12:42:30 PM |
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Thanks for your answer,
i just watched The Bitcoin Gospel and Roger Ver said that Satoshi is probably controlling 500'000 BTC. If all the world will be adopting bitcoin he can actually control a lot, not just bitcoins at this time. I mean, that's something to think about.
It is possibly true that Satoshi control so many bitcoin because he who mined bitcoin at the first year. Many coins developers do so. When they launch new coins, they have premined the coin before other miners. It is common situation. The question is Who is Satoshi Nakamoto? is he a person, a group or a ghost? Until now there is no fixed answer who Satoshi Nakamoto is.
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real eyes realize
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October 18, 2017, 01:03:00 PM Last edit: October 18, 2017, 01:37:44 PM by real eyes realize |
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Hi guys,
what do you think about Satoshi controlling 1/20th of all Bitcoins?
I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.
Take care F
I think we must always consider about that giant amount of bitcoins. This amount of bitcoin can change the bitcoin's way anytime. There are always extreme possibilities about the bitcoin, so everybody should be sure about that they are trading in a way that will not affect their lives profoundly.
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