Bitcoin Forum
November 18, 2024, 06:40:42 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: What if Satoshi Nakamoto dump his 1million Bitcoin Cash (BCH)?  (Read 1319 times)
SerenW (OP)
Member
**
Offline Offline

Activity: 169
Merit: 13


View Profile
November 11, 2017, 08:05:02 PM
 #1

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

BTC: bc1qky6p6aptuqcha650dclqhs0k4pawrqc7g0zhz8
ETH: 0x7407Ee8B6cFED6E1cabd67dC91D23D9DB5D7e801
ruffles2016
Sr. Member
****
Offline Offline

Activity: 475
Merit: 250


Presale is live!


View Profile
November 11, 2017, 08:11:27 PM
 #2

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.



    ▄▄█████████▄▄      █████████████▄▄       █████████████▄▄        █████     █████        █████   ███████████████████    ██▄                ▄██
   ███████████████▄    ████████████████▄     ████████████████▄      █████     ██████       █████   ███████████████████    ████▄            ▄████
  █████▀     ▀▀███▀    █████     ▀▀█████▄    █████     ▀▀█████▄     █████     ███████      █████          █████           ██████▄        ▄██████
 █████          ▀      █████        ▀▀▀▀▀    ▀▀▀▀▀        ▀▀▀██     █████     ████████     █████          █████           ████████▄    ▄████████
 █████▄                ███▀▀                                          ▀▀█     █████████    █████          █████            ▀██████▀    ▀██████▀
 ▀██████▄▄               ▄▄▄        ▄████    ▄▄▄▄▄        ▄▄▄       ▄         ██████████   █████          █████              ▀██▀  ▄██▄  ▀██▀
  ▀█████████▄▄         █████     ▄▄█████▀    █████     ▄▄█████▀     ███▄▄       ▀▀█ █████  █████          █████                  ▄██████▄
     ▀▀█████▀  ▄▄▄     ████████████████▀     ████████████████▀      █████     ▄▄     ▀▀▀██ █████          █████                ▄██████████▄
         ▀▀ ▄█████▄    █████████████▀▀       ██████████████▀        █████     ████▄       ▀▀▀███          █████              ▄██████████████▄
             ▀█████    █████                 █████     █████        █████     █████    ▄▄▄                █████            ▄████████▀▀████████▄
 ▄█▄          █████    █████                 █████      █████       █████     █████     █████▄▄▄
          █████           ████████▀    ▀████████
▄████▄▄     ▄█████     █████                 █████       █████      █████     █████      ███████
          ▀████           ██████▀        ▀██████
▀████████████████      █████                 █████        █████     █████     █████       ██████
            ▀██           ████▀            ▀████
  ▀▀██████████▀▀       █████                 █████         █████    █████     █████        █████
              ▀           ██▀                ▀██
██
██
██
██
██
██
██
██
██
██
██
██

     ██
    ██
   ██
  ██
 ██
██
 ██
  ██
   ██
    ██
     ██
Whitepaper
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ANN Thread

██
 ██
  ██
   ██
    ██
     ██
    ██
   ██
  ██
 ██
██











Telegram
Facebook
Twitter
██
██
██
██
██
██
██
██
██
██
██
██
NorrisK
Legendary
*
Offline Offline

Activity: 1946
Merit: 1007



View Profile
November 11, 2017, 08:14:57 PM
 #3

Is it anything different than him dumping his regular bitcoin?

This is not something to worry about, it is quite clear by now nothing is going to happen. I mean, who wouldn't cash out more than a billion dollars worth of coins?
sensimilia
Sr. Member
****
Offline Offline

Activity: 702
Merit: 251



View Profile
November 11, 2017, 08:16:34 PM
 #4

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

▄▄▄▄▄▄▄▄▄▄▄▄▄         ▄▄▄▄▄▄▄▄▄▄▄▄▄        ▄▄▄                 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████         █████████████       █████            ▄██████████████████████▄▄
█████████████         █████████████     ▄███████▄       ▄███████████████████████████▄
█████████████         █████████████   ▄███████████▄    ▄████████████▀▀▀▀▀▀████████████
█████████████         █████████████ ▄█████▀  ▀█████▄  ▄███████████▀        ▀██████████▄
████████████▀         █████████████ █████▀     ██████▄████████████▄         ▀▀▀▀▀▀▀▀▀▀▀
████████████          █████████████ ████        ████████████████████▄▄▄▄▄
████████████          ████████████████▀    ▄     ████▀████████████████████████▄▄▄
████████████▄       ▄█████████████▄██▀    ▄█▄     ▀███ ████████████████████████████▄
 █████████████▄▄▄▄▄█████████████████     ▄███▄     ▀███ ▀████████████████████████████
  ▀████████████████████████████▄███     ▀▀▀▀▀▀▀     ▀█████▄▄▀▀▀▀█████████████████████▄
    ▀████████████████████████▄███▀                   ▀████████▄       ▀▀██████████████
        ▀▀██████████████▀▀▄▄██████     ▄▄▄▄▄▄▄▄▄▄     ▄█████████          ████████████▀
          ██████████████ ██████████▄▄▄████████████▄▄▄█████████████        ████████████
          ██████████████ ▀█████████████████████████████████████▀████▄▄▄█████████████▀
          ██████████████   ▀█████████████████████████████████▀ ███████████████████▀
          ██████████████     ▀▀▀▀▀▀▀▀████████████▀▀▀▀▀▀▀▀▀▀▀ █████████████████▀▀▀
          ▀▀▀▀▀▀▀▀▀▀▀▀▀▀             ▀▀▀▀▀▀▀▀▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀▀

.bet
   $200   
 BONUS 
    100% BONUS FOR 
 EVERY DEPOSIT 
[]
TheProgrammer
Member
**
Offline Offline

Activity: 78
Merit: 10


View Profile
November 11, 2017, 08:16:48 PM
 #5

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

Well i guess this forum is the proof that he is still out there, as he is the founder of the forum
sensimilia
Sr. Member
****
Offline Offline

Activity: 702
Merit: 251



View Profile
November 11, 2017, 08:17:29 PM
 #6

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

Well i guess this forum is the proof that he is still out there, as he is the founder of the forum

He (or they, whoever satoshi may be) handed over the forum many years ago already, he has nothing to do with bitcointalk no more.

▄▄▄▄▄▄▄▄▄▄▄▄▄         ▄▄▄▄▄▄▄▄▄▄▄▄▄        ▄▄▄                 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████         █████████████       █████            ▄██████████████████████▄▄
█████████████         █████████████     ▄███████▄       ▄███████████████████████████▄
█████████████         █████████████   ▄███████████▄    ▄████████████▀▀▀▀▀▀████████████
█████████████         █████████████ ▄█████▀  ▀█████▄  ▄███████████▀        ▀██████████▄
████████████▀         █████████████ █████▀     ██████▄████████████▄         ▀▀▀▀▀▀▀▀▀▀▀
████████████          █████████████ ████        ████████████████████▄▄▄▄▄
████████████          ████████████████▀    ▄     ████▀████████████████████████▄▄▄
████████████▄       ▄█████████████▄██▀    ▄█▄     ▀███ ████████████████████████████▄
 █████████████▄▄▄▄▄█████████████████     ▄███▄     ▀███ ▀████████████████████████████
  ▀████████████████████████████▄███     ▀▀▀▀▀▀▀     ▀█████▄▄▀▀▀▀█████████████████████▄
    ▀████████████████████████▄███▀                   ▀████████▄       ▀▀██████████████
        ▀▀██████████████▀▀▄▄██████     ▄▄▄▄▄▄▄▄▄▄     ▄█████████          ████████████▀
          ██████████████ ██████████▄▄▄████████████▄▄▄█████████████        ████████████
          ██████████████ ▀█████████████████████████████████████▀████▄▄▄█████████████▀
          ██████████████   ▀█████████████████████████████████▀ ███████████████████▀
          ██████████████     ▀▀▀▀▀▀▀▀████████████▀▀▀▀▀▀▀▀▀▀▀ █████████████████▀▀▀
          ▀▀▀▀▀▀▀▀▀▀▀▀▀▀             ▀▀▀▀▀▀▀▀▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀▀

.bet
   $200   
 BONUS 
    100% BONUS FOR 
 EVERY DEPOSIT 
[]
illinest
Sr. Member
****
Offline Offline

Activity: 454
Merit: 251



View Profile
November 11, 2017, 08:18:13 PM
 #7

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

Personally, I suspect that he burned a lot of the early coins. People speculate with similar fearmongering about him dumping his BTC on the markets, too. I think if any of the early BCH moved that both the BTC and BCH markets would be spooked. But I think that's highly unlikely due to Satoshi's past actions; he never emerged when past fork threats came about. Why would he do so now?

I think he knows that if the design requires an early miner like him to destroy competitors with market supply, that the design has failed.
SerenW (OP)
Member
**
Offline Offline

Activity: 169
Merit: 13


View Profile
November 11, 2017, 08:19:33 PM
 #8

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

BTC: bc1qky6p6aptuqcha650dclqhs0k4pawrqc7g0zhz8
ETH: 0x7407Ee8B6cFED6E1cabd67dC91D23D9DB5D7e801
BlueFlare Magazine Co.
Jr. Member
*
Offline Offline

Activity: 52
Merit: 10

BlueFlare財務雑誌


View Profile WWW
November 11, 2017, 08:22:28 PM
 #9

Satoshi is still alive?? I think not...

和英通訳経済雑誌
Strictly traditional translation OK
PM for contact
SerenW (OP)
Member
**
Offline Offline

Activity: 169
Merit: 13


View Profile
November 11, 2017, 08:23:02 PM
 #10

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

Personally, I suspect that he burned a lot of the early coins. People speculate with similar fearmongering about him dumping his BTC on the markets, too. I think if any of the early BCH moved that both the BTC and BCH markets would be spooked. But I think that's highly unlikely due to Satoshi's past actions; he never emerged when past fork threats came about. Why would he do so now?

I think he knows that if the design requires an early miner like him to destroy competitors with market supply, that the design has failed.

In the past it was only threats, not actions. But BCH appears to be a serious threat and action to the real BTC. Look at the trade volume BCH surpasses BTC.

BTC: bc1qky6p6aptuqcha650dclqhs0k4pawrqc7g0zhz8
ETH: 0x7407Ee8B6cFED6E1cabd67dC91D23D9DB5D7e801
sensimilia
Sr. Member
****
Offline Offline

Activity: 702
Merit: 251



View Profile
November 11, 2017, 08:24:53 PM
 #11

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

You are assuming he agrees with all the decisions made by bitcoin devs, you're assuming he still cares about bitcoin, you're assuming he prefers btc over bch.

You seem to be assuming a lot of things Roll Eyes

▄▄▄▄▄▄▄▄▄▄▄▄▄         ▄▄▄▄▄▄▄▄▄▄▄▄▄        ▄▄▄                 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████         █████████████       █████            ▄██████████████████████▄▄
█████████████         █████████████     ▄███████▄       ▄███████████████████████████▄
█████████████         █████████████   ▄███████████▄    ▄████████████▀▀▀▀▀▀████████████
█████████████         █████████████ ▄█████▀  ▀█████▄  ▄███████████▀        ▀██████████▄
████████████▀         █████████████ █████▀     ██████▄████████████▄         ▀▀▀▀▀▀▀▀▀▀▀
████████████          █████████████ ████        ████████████████████▄▄▄▄▄
████████████          ████████████████▀    ▄     ████▀████████████████████████▄▄▄
████████████▄       ▄█████████████▄██▀    ▄█▄     ▀███ ████████████████████████████▄
 █████████████▄▄▄▄▄█████████████████     ▄███▄     ▀███ ▀████████████████████████████
  ▀████████████████████████████▄███     ▀▀▀▀▀▀▀     ▀█████▄▄▀▀▀▀█████████████████████▄
    ▀████████████████████████▄███▀                   ▀████████▄       ▀▀██████████████
        ▀▀██████████████▀▀▄▄██████     ▄▄▄▄▄▄▄▄▄▄     ▄█████████          ████████████▀
          ██████████████ ██████████▄▄▄████████████▄▄▄█████████████        ████████████
          ██████████████ ▀█████████████████████████████████████▀████▄▄▄█████████████▀
          ██████████████   ▀█████████████████████████████████▀ ███████████████████▀
          ██████████████     ▀▀▀▀▀▀▀▀████████████▀▀▀▀▀▀▀▀▀▀▀ █████████████████▀▀▀
          ▀▀▀▀▀▀▀▀▀▀▀▀▀▀             ▀▀▀▀▀▀▀▀▀▀▀▀              ▀▀▀▀▀▀▀▀▀▀▀▀

.bet
   $200   
 BONUS 
    100% BONUS FOR 
 EVERY DEPOSIT 
[]
Karto
Full Member
***
Offline Offline

Activity: 280
Merit: 100


View Profile
November 11, 2017, 08:28:39 PM
 #12

ahaaaha i think about it
if someone has million bitcoins
he has millions of the other forks also
watch the rich list to see the picture
Sasuke102001
Full Member
***
Offline Offline

Activity: 280
Merit: 111


View Profile
November 11, 2017, 08:32:25 PM
 #13

First of all we don't know is he alive or someone named Satoshi Nakamoto was an individual person or not. Now to the question, why would he dump his millions of bitcoins they are worth so much, the price would be in billions. I don't think anyone not only Satoshi Nakamoto would like to dump so many bitcoins.
SerenW (OP)
Member
**
Offline Offline

Activity: 169
Merit: 13


View Profile
November 11, 2017, 08:35:28 PM
 #14

First of all we don't know is he alive or someone named Satoshi Nakamoto was an individual person or not. Now to the question, why would he dump his millions of bitcoins they are worth so much, the price would be in billions. I don't think anyone not only Satoshi Nakamoto would like to dump so many bitcoins.

Read the first post again, you misunderstood it. It was related to Bitcoin Cash (BCH)

BTC: bc1qky6p6aptuqcha650dclqhs0k4pawrqc7g0zhz8
ETH: 0x7407Ee8B6cFED6E1cabd67dC91D23D9DB5D7e801
BeManga
Sr. Member
****
Offline Offline

Activity: 962
Merit: 269


CryptoDirectories.com


View Profile WWW
November 11, 2017, 08:37:29 PM
 #15

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?
i think satoshi dont have access now in that account or dont plan to move anything in that account
before some user keep watching the satoshi bitcoin and looking if the he will move some coin when the price rise
but until now no bitcoin move so i think it will not happen in bch also





Bitcoin Directory
Altcoin Directory








Crypto Press Release
Updated Every Hour!
SerenW (OP)
Member
**
Offline Offline

Activity: 169
Merit: 13


View Profile
November 11, 2017, 08:48:46 PM
 #16

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

You are assuming he agrees with all the decisions made by bitcoin devs, you're assuming he still cares about bitcoin, you're assuming he prefers btc over bch.

You seem to be assuming a lot of things Roll Eyes


Let's assume in clear way.

* You launched a project and assume that it'll be worth trillions of dollars someday.
* Some other guy appears and copied the whole idea of your project.
* First you ignore it, because there were many who already tried and failed in it.
* But one day you saw the serious threat, and your project worth is still in few billions and has not reached the full potential yet as your expectations were.
* You've the PUSH BUTTON to destroy your competitor, would you want to press it or not? If you'd ask me then I'd PRESS it, but would wait some more time to surpass my project's 50% value. Cheesy

BTC: bc1qky6p6aptuqcha650dclqhs0k4pawrqc7g0zhz8
ETH: 0x7407Ee8B6cFED6E1cabd67dC91D23D9DB5D7e801
bobq
Sr. Member
****
Offline Offline

Activity: 1148
Merit: 307



View Profile
November 11, 2017, 10:22:38 PM
 #17

Whoever has created Bitcoin, be it Satoshi Nakamoto or any team hiding behind that name, is helding by the balls virtually EVERYBODY who owns any Bitcoin, Bitcoin Cash and whatever forl they may ever be. If he or they dumps whatever version they please, that coin is dead.

rooster2000bka
Sr. Member
****
Offline Offline

Activity: 299
Merit: 250



View Profile
November 12, 2017, 12:27:53 AM
 #18

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?
If someone open and sent BCH coin from address! This is good info because real people hold 1 million and alway follow bitcoin
Lm2e4
Full Member
***
Offline Offline

Activity: 248
Merit: 100

https://exclusiveplatform.com/


View Profile
November 12, 2017, 12:49:30 AM
 #19

For me even if he dumped all his BCH nothing will still happen. Satoshi is not a fool, so he is not going to do that. I think he wouldn't care if bitcoin was overtaken by BCH, as long as his coin still remains. And in my prediction BCH can't go above bitcoin after all.
Argoo
Sr. Member
****
Offline Offline

Activity: 2436
Merit: 252

DGbet.fun - Crypto Sportsbook


View Profile
November 12, 2017, 02:13:18 AM
 #20

If Satoshi Nakamoto is alive and he has access to his coins, since he is not a stupid person, he will not commit rash acts that would sharply violate the achieved balance of bitcoin. However, if he does, then, of course, for a while, the price of bitcoin will drop sharply, but after a certain time, he will begin to rise to the previous level and higher.

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!