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Author Topic: Satoshi Nakamato selling 111000 Bitcoins ?  (Read 1023 times)
First77 (OP)
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September 06, 2018, 01:45:19 PM
 #21

I remember you already said this on a different thread what if those 4m was dumped months ago or years ago. You really want Bitcoin to go down that bad.

Now bitcoin is $6400. Also $5000 is lots of money.
ranman09
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September 06, 2018, 01:50:42 PM
 #22

The wallet is believed to be tied to Silk Road, not satoshi.

Thanks for this information. This might be the reason why it holds such an astounding amount of bitcoin.
Renal
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September 06, 2018, 02:01:30 PM
 #23

If the satoshi nakamoto that was written in the article had less than 5,000,000 bitcoins then it should have it because he was the one who created bitcoin which I want to ask that where satoshi nakamoto is now.
GhostKnight
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September 07, 2018, 07:17:11 PM
 #24

For this reason bitcoin price will rise and selling 111000 bitcoin is not a matter of joke. I just want to congrats Satoshi Nakamoto.
supremacy10
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September 07, 2018, 07:23:56 PM
 #25

This cannot  be true , it is a manipulated news to create panic, so weak hands can sell low while whales feed on them
FedorIzmailov
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September 07, 2018, 07:28:40 PM
 #26

I do not believe that Satoshi suddenly decided to sell his bitcoins and it seems to me that this is, as usual, the usual news in order to suppress the market
cizatext
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September 07, 2018, 07:36:30 PM
 #27

It hard for us to identify the owner of the said 111000 bitcoin, because there are still some huge amount of bitcoin in the hand of early investors who are not identified until now. And other government institutions also have huge bitcoin in they possession such as the FBI which sized large amount of bitcoin sometimes ago,.
coinpedia240
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September 07, 2018, 07:43:06 PM
 #28

I don't know if the news is true or not.But if this is really Satoshi Nakamoto, then this is a big news for the cryptocurrency community. But if the owner sells off all the coins, the whole market could crash.
Aying
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September 07, 2018, 08:43:06 PM
 #29

I don't think that he would be able to do that he will sell his millions of bitcoin right away, for sure that he will protect the reputation and market of the bitcoin as well, and he will not easily give up it. Maybe, he will just encash little by little but not all.

Watch out for this SPACE!
Taki
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September 07, 2018, 08:47:35 PM
 #30

It's one of the most interesting things that it's hard to identify the owners of wallets, but I doubt this is exactly Satoshi. Probably it's just a whale or "pizza guy" who was selling pizzas per bitcoin's several years ago  Tongue
Cryptokarl
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September 07, 2018, 08:53:42 PM
 #31

How are you sure that the wallet belongs to satoshi nakamoto? No one can accurately say that is his wallet though. This Is why you need to be sure of any news  before believing it
dodgi
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September 07, 2018, 09:05:45 PM
 #32

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
This is a fake news, you do not need to take it at face value. Nakamoto will not sell his bitcoin coins and he has a completely different wallet. So your article is clickbait!

mohammedmattar
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September 07, 2018, 11:13:59 PM
 #33

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

By logic, the founder of btc  can not do so now
btc  and the market as a whole are falling
How to sell this large quantity in this way.?!
yussuzc1
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September 07, 2018, 11:29:21 PM
 #34

Maybe, maybe even more. I do not see Satoshi Nakamato as a person I think is a group.
It could even be a group governed by a state.
You know, this is a very important revolution, nobody can cut it.
The targeted revolution can happen Or it does not happen.
Reid
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September 07, 2018, 11:36:51 PM
 #35

The wallet is believed to be tied to Silk Road, not satoshi.

Possible.
Stay hidden for a few years then suddenly popping out of the blue.
This could be the worse dump that will ever happen.

It is possible that they accumulated this much and are now on the move to sell.
They lose a lot of money with what happened to them. It is payback time. Might be a good idea to track it.
franky1
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September 07, 2018, 11:38:16 PM
Last edit: September 07, 2018, 11:51:08 PM by franky1
 #36

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

fake news


the 111k coins moved into an address in 2014. and moved out 8 MINUTES LATER in 2014

since 2014 the address only then held 0.009 balance.. and it was the 0.009 balance that got moved in 2018
https://www.blockchain.com/btc/address/15ihHoGs3onQBNnEH8afDFGvou9nD62Hm7

chill out guys 111k has not finally been spend this year. it has been moving about as smaller amounts passing different hands and loads of addresses for years. not hoarded for 4 years

the news is
"someone who HAD 111k btc that touched the address for 8 minutes in 2014.. has now used his address again 4 years later to remove the remaining 0.009btc"

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
cahbagus555
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September 08, 2018, 01:01:02 AM
 #37

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I dont think he have 5million bitcoin. From what i am read in some article, satoshi mining bitcoin in one year and get more than 700.000 bitcoin. I dont think that wallet is belong satoshi because no one can identified owner bitcoin wallet
marcbitcoins
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September 08, 2018, 02:33:46 AM
 #38

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.
gesdan
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September 08, 2018, 03:14:32 AM
 #39

damn selling that much bitcoin will make the bitcoin price drops I think because it will erase all the buy order and it will make the base price of the buy order is low, if they put it on the sell order i think it will more stable than they do instant selling, but it will makes bitcoin price stuck in that price

buwaytress
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September 08, 2018, 07:25:08 AM
 #40

Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.

Look, the notion that Nakamoto would even want to access that wallet after leaving it in 2014 just doesn't match with his/their behaviour in the past. And the fact that it was moved to exchanges also shows that it was always meant to be sold, just for liquidity or to leverage on other exchanges other than the true exchange the main account holder lies on (remember these exchanges are also kyc required, so the identify of the person is either already known to them or the person is not Nakamoto).

And come on, even if 1 million btc were dumped, so what?

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