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Author Topic: Do you think Satoshi wanted the market to grow that much?  (Read 1638 times)
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August 22, 2018, 05:00:17 PM
 #21

Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...
I think it goes far beyond his thoughts. Although he may think BTC will grow strongly
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August 22, 2018, 05:55:14 PM
 #22

Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...


I think Satoshi just wanted to make a better way of the systems of transactions that gives the people the freedom. But the people see there is big earnings in crypto currency.
There was a time when people actually cared about the tech behind a project, I belive the dynamic changed while we were in the bull run from last year. A lot of people saw that getting involved in the cryptosphere by investing in X or Y project could actually be very profitable. Unfortunately for them, the bubble popped and many of them lost a lot of money (good for the crypto market as well as we got rid of the people who fell for the get rick quick meme).

Hopefully that will teach the newcomers not to invest recklessly in a cryptocurrency, at least we're not seeing tons of dumb money being poured into the cryptocurrenct ecosystem, for now.

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August 22, 2018, 07:11:15 PM
 #23

definitely wanted but in fact maybe he himself is one of the biggest whales

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August 22, 2018, 07:49:03 PM
 #24

of course, i think Satoshi had in mind to create something that will trigger peoples quest to create more products that uses blockchain tech and digital currencies as its utility tokens.
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August 22, 2018, 08:34:13 PM
 #25

You know, I'm sure that the situation that is happening now on the market, like Satoshi. Since if the situation did not suit him, I think he could have changed it, and he can do it.

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August 22, 2018, 09:22:54 PM
 #26

Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...


He actually did want a digital currency system with no third party involved and direct peer to peer transaction to take place for which he invented Bitcoin. I am quite sure he wanted people to understand the basic concept of financial freedom through bitcoin and wanted people to develop this system more for which he handed the project to the people.

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August 22, 2018, 10:10:30 PM
 #27

no, I really don't think so besides there are many plans along the way
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August 22, 2018, 10:36:43 PM
 #28

Satoshi might be the originator of bitcoin and blockchain technology but this innovation is really getting way above Arapaho if you ask me, it is not only about what Satoshi wants now and I don't think Satoshi is that self centered to put limitation on his dream
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August 22, 2018, 10:37:01 PM
 #29

I think it's not Satoshi's main purpose. from some knowledge about Satoshi, I concluded that Satoshi created bitcoin for 2 things.
1. become bitcoin as a payment instrument
2. making bitcoin an asset to store the value that cannot be affected by the global crisis, so bitcoin can give advantages for everyone.

so, a great value is not something that Satoshi prioritizes.

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August 22, 2018, 10:45:01 PM
 #30

I think the original goal was its own enrichment and the creation of something new. Then perhaps this desire and ppoyalos.
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August 23, 2018, 01:20:58 AM
 #31

Lol! Satoshi did not cared about it at all. I doubt even if (s)he thought about Bitcoin being tradable thing. He made decentralized payment processor and that is it.

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August 23, 2018, 01:41:15 AM
 #32

I do not think so.
If that was factored in when he created bitcoin, he would have put measures in place to solve many of the bitcoin weaknesses as the market grows in order to meet the demand of users.
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August 23, 2018, 02:08:30 AM
 #33

Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...



he/they have wanted a worldwide usage of cryptocurrency in order to oppose the fiat currency.
therefore they may have already thought of this kind of things to happen.
a lot of new coins are coming up trying to beat bitcoin on top.
and it doesn't really bothers me as long as they have one goal in mind.
which is to give financial freedom to its users...
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August 23, 2018, 03:00:46 AM
 #34

but the market has not grown at all! don't let the numbers fool you, there may be nearly 2000 different altcoins out there listed somewhere but in reality there is only a handful of real projects the rest are just copycat crap. you can't call that "growth". for example if i wished to, i could have created 10 altcoins by the end of the week each with more than 10 billion coins and a small pump of any of them to average of $0.5 would create a total of $50 billion market cap. but that is not "growth" that is a fake number i created out of thin air.

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August 23, 2018, 03:51:35 PM
 #35

In my opinion i think satoshi wanted the market grow he wanted a worldwide usage of cryptocurrency in order to oppose the fiat currency. Moreover Satoshi wanted to make a better way of the systems of transactions that gives the people the freedom. And Satoshi wanted to create an alternative economy .
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August 23, 2018, 04:10:25 PM
 #36

I think his intention was to start a global movement that will eventually change the finance system. He could not predict that it will go this way so fast but those intentions were good.
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August 31, 2018, 02:48:18 PM
 #37

Bitcoin was created as a digital currency to be used globally, perhaps surprised with the excellent and quick response of the Bitcoin community but Satoshi's dream should be even higher than this, perhaps the application of crypto to daily life and market revolution.
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August 31, 2018, 03:04:41 PM
 #38

Even if the state of any country wants to take the tax they can not because the network is anonymous.

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August 31, 2018, 03:06:56 PM
 #39

Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...



Please don't confuse Satoshi with Jesus Christ. He is not a prophet. His wishes don't really matter. He just gave us a technology, what we do with it and how we develope it it is our business.
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August 31, 2018, 03:08:38 PM
 #40

Surely, he did not even imagine that such a growth of his product is possible. But now he is happy about it anyway.

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