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Author Topic: Will Satoshi sell his bitcoins?  (Read 963 times)
Dudeperfect
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September 05, 2018, 02:50:23 PM
 #21

I don't think that Satoshi is going to come out anytime at least in the near future even if he is alive. Doing anything with his Bitcoins will give some kind of hints to the people who are aggressively investing regarding the identity of Satoshi. On the other hand, the decision of Satoshi of remaining anonymous is beneficial for the entire crypto industry.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 05, 2018, 02:57:36 PM
 #22

Supposedly Satoshi holds over 1 million bitcoins, do you guys think he will ever end up selling his stash off?  At one point he was worth over 20 billion dollars and at current prices he is worth over 7 billion dollars which is a staggering amount.
I don't think he will sell his bitcoin because it will make bitcoin unworthy because the creator even sells it. all you have to know is the existence of satoshi, you need to know that Satoshi is still alive? Because he hasn't come online since 2010 and his wallet hasn't been touched from it so we can't be sure about his life.
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September 05, 2018, 02:58:04 PM
 #23

It's okay if he sold off and invest in Gold. So he can enter the Forbes book of the fame and rich. But Satosi I believe will never do such a thing as he is not greedy about been rich but much concern on the freedom of the body from this current brutal financial system of the world that seeks to enslave the people.

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September 05, 2018, 03:00:50 PM
 #24

Who says Satoshi did not have a separate secret stash and he sold that over time to live off the interest of that money? He

might have relocated to a 3rd world country and converted that money to the local weaker currency and living like a King?

Everyone is following those early coins, but he/she might have bought/mined some coins later on, when it was less noticeable.

There are simply too many people/agencies watching those coins, so I doubt that he/she would ever attempt to access/move

those coins.  Angry

 

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September 05, 2018, 03:10:42 PM
 #25

Why would Satoshi want to sell his Bitcoins? I would hold on to them if I were him at least until they will reach 1 million dollars valuation per coin.
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September 05, 2018, 03:11:09 PM
 #26

I don't know, but someday Satoshi will sell it, maybe not now but later, if bitcoin really ends...
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September 05, 2018, 03:24:32 PM
 #27

he is the creator of bitcoin, and he more understands the bitcoin system, but I think that he doesn't know that bitcoin will have very high value in the future like today.

because what determines volatility is trading activity in each market, and of course, the market is influenced by external aspects.
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September 05, 2018, 03:34:56 PM
 #28

no idea, obviously he is/they are using bitcoins, but I dont think they will announce that.
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September 05, 2018, 05:06:39 PM
 #29

No!

It has been years of very supense around who is satoshi nakamoto. the question is, why does not Satoshi spend his coins? this is another point that has created many theories for years... if satoshi is dead or trapped somewhere that he does not have a computer and internet? maybe that explains why he did not use his coins.

He will sell 2,000,000 Bitcoins and buy $5,000,000,000 worth of Gold. He will get 20% profit every year from safest investment because Gold is going to $2500/ounce.

Nice joke. Why would he create bitcoin? There's no sense in what you're saying.
 
Nakamoto Satoshi's new stash could be this




No.

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vnck25
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September 05, 2018, 05:33:05 PM
 #30

How do you know if Satoshi is a person or a team ? I personally believe that Satoshi is not an individual but a team of professionals. So if they come to a consensus then maybe they will sell. If such a large quantity is sold at as a single transaction then that could be a very volatile situation for Bitcoins as well as other cryptos. Anyways I do not expect for the creators of Bitcoin to sell their assets at this time.
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September 05, 2018, 05:41:06 PM
 #31

Who the hell gonna sell those and buy fiat money. Satoshi is working the economy to help the poor to bank and unbanked surpass other emerging market especially those tangible product. Still Satoshi wants us happy to help other people

Sutters Mill
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September 05, 2018, 06:22:14 PM
 #32

Why would Satoshi want to sell his Bitcoins? I would hold on to them if I were him at least until they will reach 1 million dollars valuation per coin.

For the same reason anyone else would. Have you never sold any bitcoin you've ever had and are holding out for one million dollar price tag? You might be waiting awhile. What if that time never comes and bitcoin goes to zero before it gets anywhere near 7 figures? You've lost everything then. Have you ever thought that maybe satoshi doesn't really care about fame or fortune either?

Who the hell gonna sell those and buy fiat money. Satoshi is working the economy to help the poor to bank and unbanked surpass other emerging market especially those tangible product. Still Satoshi wants us happy to help other people

Umm... how about the hundreds of thousands of people that are 'buying' fiat money everyday and selling their coins for cash. Anybody would be pretty stupid to keep all their money in one asset. I don't think you know what satoshi wants either and anything you say is just speculation based on nothing.
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September 05, 2018, 06:28:07 PM
 #33

That's unlikely.We don't know who Satoshi Nakamoto is.Maybe this man is dead.If he's going to sell their bitcoins then the market will come to an end
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September 05, 2018, 06:45:43 PM
 #34

Satoshi Nakamoto doesn't need money. It is important to technology and freedom from the state !!!
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September 05, 2018, 06:52:15 PM
 #35

I think that he will not sell his million bitcoins)When there will be a chance to get rich so))) but try to raise the price of assets,I think he will definitely try again.The prospect of being the richest crypto billionaire pleases.And as the founder of the company,holding a larger stake is the right decision.I think of course he is already rich beyond your wildest dreams,the rest is a matter of principle)))

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September 05, 2018, 07:02:06 PM
 #36

We don't know what is in the mind of Satoshi for now we will just hope that he won't sell his bitcoin easily or at one time so that bitcoin price will not dump that much, if he will decide to sell his bitcoins then it might be the end of bitcoin since people will be disappointed.
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September 05, 2018, 07:05:00 PM
 #37

Who says Satoshi did not have a separate secret stash and he sold that over time to live off the interest of that money? He

might have relocated to a 3rd world country and converted that money to the local weaker currency and living like a King?

Everyone is following those early coins, but he/she might have bought/mined some coins later on, when it was less noticeable.

There are simply too many people/agencies watching those coins, so I doubt that he/she would ever attempt to access/move

those coins.  Angry

 
Which makes total sense. He could have had a mining rig already set up right when bitcoin was released or to achieve maximum stealth, he started mining when bitcoin has a little bit of a community so he can blend in. For all we know, he might be the buyer of the first coins that have been mined. It doesn't make sense to make something revolutionary, take some of it, build a forum for it, and then just leave it at that. Of course you're going to do something with it. You're going to make money from it. Because otherwise, that would mean that you never truly believed your creation.

Or are we in for a big surprise, everybody? Smiley We never know. What we can do is enjoy these days that Satoshi hasn't moved any of his known coins and hope for the best.

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September 05, 2018, 07:24:40 PM
 #38

Sure, satochi will have plenty bitcoin but I don't think he will ever sell them and if he does. It will surely affect bitcoin and who knows maybe that will be the end of bitcoin
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September 05, 2018, 07:25:39 PM
 #39

Supposedly Satoshi holds over 1 million bitcoins, do you guys think he will ever end up selling his stash off?  At one point he was worth over 20 billion dollars and at current prices he is worth over 7 billion dollars which is a staggering amount.
Hmm to be honest I'm not actually sure Satoshi is still alive. For some reason, I think this man died a few years ago. It is clear that these are my guesses and assumptions. In fact, I don't think he'll ever sell bitcoin if he's alive....

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September 05, 2018, 07:30:47 PM
 #40

The question is "Does he still lives?".
I am okay if he is not.  Grin Although I really want to meet him.

Selling that kind of number of BTC's will be a problem. He could be traced doing it which I don't think he really want to happen.
But as a creator which he strive for all of this to happen I don't think he will ever sell it.

It will be better if bitcoin is used widely and with that he could easily purchase anything without anyone looking at its history.  Grin

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