Prediction of price due to Satoshi's reveal?

[meanig]

Fake. I'm actually Satoshi. I graduated from college in Maths and Physics and got jobs working for government contractors. I've bought lots of stuff from overseas and got totally pissed with wire fees so I decided to invent Bitcoin once I got the inevitable sack when I hit my mid 50s.

I am Satoshi. What more proof do you need  

[backtrackit]

I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

[Dragonkiller]

I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all? 

[knightcoin]

c u when I c u ... says the barber


https://www.youtube.com/watch?v=q3ZmIwteUAY

[backtrackit]

I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all? 

Well why should it?

[MatTheCat]

why should his identity have any affect on the price at all?  

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Perhaps it was The Man who robbed Mt Gox

Perhaps it was The Man who emptied Silk Road's escrow accounts?

If it it turns out that this is the case, then Bitcoin is compromised and always has been from the very start, and has every chance of turning to dust right before our eyes.

Could you say for sure that this is not the case? I couldn't.

[RodeoX]

I'm going to guess it has little effect. It doesn't change anything right?  

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?

Does this make it another stupid alt coin?  

Another stupid altcoin? So bitcoin is now an altcoin derived from itself?

I was just kidding. If we know the creator, well it's just alt-ish. lol

[WompRat]

"has $400 million and family lives in poverty"

"don't give a fuck"

I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.

[Predatorian]

Fake but prices btc drop atm, we will see what gonna happen later with this.

[Dragonkiller]

why should his identity have any affect on the price at all?  

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Perhaps it was The Man who robbed Mt Gox

Perhaps it was The Man who emptied Silk Road's escrow accounts?

If it it turns out that this is the case, then Bitcoin is compromised and always has been from the very start, and has every chance of turning to dust right before our eyes.

Could you say for sure that this is not the case? I couldn't.

be a genius that goes to extreme lengths to remain anonymous... whilst using your real name. yeah, totally plausible.

too much stupidity in this world

[MatTheCat]

I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.

He doesn't have the keys because the coins are the property of the entity that contracted him to create Bitcoin.

[backtrackit]

why should his identity have any affect on the price at all?  

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Yea but can't really seen that been true, I mean if The Man did know about some of the shady transactions then how come after years of it being around nothing as been done. What about the seized money from Sr, why was nobody traced and locked up, must have been a lot of crims they could have had.

*Puts tin foil hat on* guess there just gavering evidence

[cbutters]

I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.

How would not spending coins keep his identity secret, or how would spending the coins notify his family? those are not valid reasons for not spending the coins. Nothing changes even if this is Satoshi.

However I sense something amiss with this story, and I would be willing to bet that this guy ends up not being Bitcoin's Satoshi Nakamoto, and we are just dealing with a reporter trying to make a name for herself.

[MatTheCat]

Yea but can't really seen that been true, I mean if The Man did know about some of the shady transactions then how come after years of it being around nothing as been done. What about the seized money from Sr, why was nobody traced and locked up, must have been a lot of crims they could have had.

*Puts tin foil hat on* guess there just gavering evidence

Because The Man doesn't give a fuck about criminals or crime at the end of the day. That is for PC plod to worry about. If The Man wants to throw Plod a bone then he might do so, if he feels like it. But all The Man really cares about is staying on top.

[rampantparanoia]

i liked the first (and so far only) comment on this article: http://www.businessinsider.com/dorian-satoshi-letter-and-train-2014-3

Satoshi may have been doxed, but at least he hasn't been goxed.

many lulz

[Cassius]

I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all? 

Well why should it?

Identity gives information about motivation.
Ultimately, it's just supply and demand. If people thing Satoshi is likely to sell his half-billion-dollar haul of coins, that's not good. If they think he's lost the keys, that is (though not great for him).
If they decide he's working for The Man, that's just rude.

[backtrackit]

I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all? 

Well why should it?

Identity gives information about motivation.
Ultimately, it's just supply and demand. If people thing Satoshi is likely to sell his half-billion-dollar haul of coins, that's not good. If they think he's lost the keys, that is (though not great for him).
If they decide he's working for The Man, that's just rude.

But why would you think that, he's had the coins all this time, doesn't seem likely that he dump them and destroy his creation.

[T.Stuart]

Could you say for sure that this is not the case? I couldn't.

The fact that he used his real name on forums makes it very unlikely. I just cannot believe that "The Man" would let him use his real name if he was working as a contractor on a top secret "con the masses out of their money" project. But I can believe that way back at the beginning of Bitcoin no-one, not even Satoshi, could have seen where we would be today, and using his middle name would seem like enough anonymity for such a niche hobby.

[MatTheCat]

Could you say for sure that this is not the case? I couldn't.

The fact that he used his real name on forums makes it very unlikely. I just cannot believe that "The Man" would let him use his real name if he was working as a contractor on a top secret "con the masses out of their money" project. But I can believe that way back at the beginning of Bitcoin no-one, not even Satoshi, could have seen where we would be today, and using his middle name would seem like enough anonymity for such a niche hobby.

Seldom (actually never) does the world turn and do events occur to a simple narrative.

[eldentyrell]

An exchange represents the fastest way to get money

Wow, you obviously have never had to go through the AML/KYC process.