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Author Topic: Will Satoshi sell his bitcoins?  (Read 963 times)
BlockchainGod
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September 05, 2018, 07:32:06 PM
 #41

I think not, because he's not that kind of person. He just came and gave us the technology of the future, he does not care about the money for it is important ideology. IMHO

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September 05, 2018, 07:33:21 PM
 #42

I think all bitcoin sathosi has been sold all because the value has now exceeded the price when it was first made even millions of percent increase in its price
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September 05, 2018, 07:34:14 PM
 #43

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 dont think that the person like Satoshi is pursuing money, so it is most likely that he is not interested in selling Bitcoins, especially for this price, he waits probably Smiley

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ivannalog814
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September 05, 2018, 07:38:14 PM
 #44

But I think that will not ruin their own offspring ! Satoshi Nakamoto is a great man who came up with a unique technology for many centuries ! And what makes you think he has that kind of money ?)

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September 05, 2018, 08:13:09 PM
 #45

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.

They will sell as like other traders,if they want money.Only difference is,we use to buy bitcoin with dollars.They will have 1 million bitcoin in his wallet.We use to mine to get huge bitcoin with some amount as investment.But he will had huge amount of bitcoin with him.He will hold his bitcoin for the future.Sell part of the bitcoin , whenever he wants money.

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anti76
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September 05, 2018, 08:15:49 PM
 #46

I want Satoshi to lose his private key and never find it.)Can you imagine what would happen to the market if it decided to sell all its coins?)
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September 05, 2018, 08:38:28 PM
 #47

Maybe. Odako seems to me that he would have been extremely stupid to do it ... at least now. In the future, he will be able to get much more benefits. If at all he will ever use this account.
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September 05, 2018, 09:50:27 PM
 #48

If ever satoshi or their group still hascthat huge amount of bitcoin i dont think he/they will be willing to sell it now for fiat.
The stash might be moved but not into fiat but into other coins in support of the vision that one day the current monetary system will be abolished.

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September 05, 2018, 09:55:33 PM
 #49

I don't if satoshi sell his bitcoin or not because until now I did not see his face in public and even his real name, so if they already sold their bitcoin maybe we don't know but I don't think he sell all their bitcoin only few like hundreds thousands pieces of bitcoin are he sell.
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September 05, 2018, 10:15:37 PM
 #50

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.
No one knows, that is the only answer that we can give, we do not know if satoshi was just one person or a team, we do not know if he's still alive, however it's unlikely that he is going to move the coins and the reason is simple he probably knows that any movement in those coins will create concerns about the future of bitcoin, since it would seem as if he's trying to cash out and if the developer is trying to cash out then, why we should keep holding?

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First77
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September 05, 2018, 10:36:06 PM
 #51

What the hell are you on about? Why would he dump his untouched coins for gold and have to pay a ridiculous fee to store it, be well known lose his anonymous status and have a weaker chance at gold hitting 2k rather than BTC hitting $10k +

Bitcoin $6000 to $10,000 = 70% profit.

Gold $1200 to $2500 = 110% profit.
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September 05, 2018, 10:42:25 PM
 #52

Satoshi's coins won't ever be sold for fiat. They'll probably be used to practice force over development by simply using these coins as a vote. Right now it might not seem like much of a danger, but eventually it could be. Bitcoin is pretty much guaranteed to keep going up, so selling coins or potential elitist domination by having a majority share is not a difficult choice.

Why won't Satoshi ever sell his coins to fiat? Because that's a straight single point of failure and a clear signal to all governments that they at least have a clue about where to find him. I'm pretty sure governments are out to seize every single one of his private keys if they find him. For his own sake, and more importantly, for the sake of Bitcoin, these coins should never change owner in any shape or form.
And i know where it was going if ever someone owned bitcoin, luckily he's(satoshi) wise enough to hide his identity to the government before they find him first. That's why we should have all lucky that Satoshi made bitcoin for the betterment in all of us without relying on the government banking system.
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September 05, 2018, 11:03:42 PM
 #53

He probably sold some of his Bitcoins last year in December! Smiley

I strongly believe that he is such a committed person but not an angel without wings.
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September 05, 2018, 11:18:47 PM
 #54

I think, yes, satoshi will sell him bitcoin. today, maybe Satoshi there is in the ranks of the whales who control the bitcoin market.

he will be part of the richest person in the world like bill gates. even his knowledge greatly affects the world economy.
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September 05, 2018, 11:26:38 PM
 #55

He should've sold at least some of them in december 2017, selling them now wouldn't be as profitable.
If he infact wants to sell all his BTC I think he will wait for a bigger price

It is said that satoshi holds around 700k BTC. Currently, that's about 4,883,000,000 USD.
I think that would be enough money. Wouldn't be that necessary to cash out 14,000,000,000 USD (@ 20k USD per BTC).

Besides the fact that he could never cash out that sum, thats more money than anyone could spend. Even at today's rate which isn't 'as profitable'.

Additionally it is not known whether 1) satoshi still lives and 2) still has access to the private keys. I doubt they will move ever again.
Why did you bother to do the math for him? People shouldn't bother if he sells or not. Its irrelevant and brings out only useless conspiracies most of the time.

I want to believe he sold it long ago,since he said,he totally wants to leave bitcoin. satoshi shouldn't have left bitcoin and this forum.


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September 05, 2018, 11:28:54 PM
 #56

besides the point of exposing himself to the governments , he will witness the end of something he built and for people like him , money isn't that much value comparing to make a new system replacing traditional money . it's better for everyone's sake that never happen especially while governments try its best to stop cryptocurrency .

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September 05, 2018, 11:37:25 PM
 #57

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.

No one knows the real identity of Mr.  Satoshi Nakamoto and I think if Mr.  Satoshi Nakamoto is real maybe he is the one who control the price of bitcoin.
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September 05, 2018, 11:39:00 PM
 #58

If Nakamoto touch any of those coins that im sure he has ,I bet that the CIA,INTERPOL and superman will ask him some questions.
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September 05, 2018, 11:52:13 PM
 #59

of course we do not know the thought of Satoshi Nakamoto who has very brilliant thinking, and I think he will not sell the bitcoin he has all but a little bit just to meet the needs needed

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September 06, 2018, 02:15:28 AM
 #60

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.

For me, as what I read and learn in this forum. Satoshi didn't sell or give his bitcoin. He keep for a long time. No one know where is it. And if satoshi sell or give it to the poor, what is bitcoin right now ?
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