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Author Topic: Prediction of price due to Satoshi's reveal?  (Read 7116 times)
Elwar (OP)
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March 06, 2014, 02:53:07 PM
 #1

I predict a panic sell by some weak hands, unfortunately it will probably bounce back before my paycheck arrives in my bank tomorrow to take advantage of another dip.

Short term though, this should bring a lot more media attention to Bitcoin which is usually followed by more adoption by the masses.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Dalmar
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March 06, 2014, 02:59:23 PM
 #2

Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).


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anu
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March 06, 2014, 03:02:31 PM
 #3

I predict a panic sell by some weak hands, unfortunately it will probably bounce back before my paycheck arrives in my bank tomorrow to take advantage of another dip.

Short term though, this should bring a lot more media attention to Bitcoin which is usually followed by more adoption by the masses.

It's not him. Satoshi would have denied it. She probably made up his confession. But I agree about the panic sell. In fact, it happened already.

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March 06, 2014, 03:03:27 PM
 #4

You'd have to be an idiot to believe that guy is satoshi. But most people are.
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March 06, 2014, 03:04:53 PM
 #5

Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Yeah, because Satoshi Nakamoto always sounded so Russian  Grin

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Dalmar
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March 06, 2014, 03:09:02 PM
 #6

Yeah, because Satoshi Nakamoto always sounded so Russian  Grin

The Chinese will abandon bitcoin (Japanese) and embrace litecoin (Chinese).  Grin


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March 06, 2014, 03:09:41 PM
 #7

Yeah, because Satoshi Nakamoto always sounded so Russian  Grin

The Chinese will abandon bitcoin (Japanese) and embrace litecoin (Chinese).  Grin

Just like they embraced Chinacoin  Grin

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March 06, 2014, 03:10:38 PM
 #8

Stop people. Just fucking stop. Some underachieving bitch made up a story to get some likes, that's all this is.

Look inside yourself, and you will see that you are the bubble.
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March 06, 2014, 03:13:25 PM
 #9

Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?
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March 06, 2014, 03:19:31 PM
 #10

Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

[tinfoil hat]

He doesn't have access to his private keys anymore, but had to hand it over to US secret services. The US government currently is the largest holder of bitcoin (FBI + Mt.Gox + Satoshi's stash).

[/tinfoil hat]


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March 06, 2014, 03:20:45 PM
 #11

Why would he use his real name? Can't figure that one out.
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March 06, 2014, 03:24:58 PM
 #12

Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

[tinfoil hat]

He doesn't have access to his private keys anymore, but had to hand it over to US secret services. The US government currently is the largest holder of bitcoin (FBI + Mt.Gox + Satoshi's stash).

[/tinfoil hat]


I think the US Government would have given the man a slightly better false identity. 
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March 06, 2014, 03:27:59 PM
 #13

He will soon be getting a visit from John Galt.
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March 06, 2014, 03:29:36 PM
 #14

I think the US Government would have given the man a slightly better false identity.  

His first name is Dorian, nobody except close friends/relatives knew his middle name was Satoshi. The plan was letting people think it was just a pseudonym, and it actually worked for 5 years.


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dreamspark
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March 06, 2014, 03:32:30 PM
 #15

Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

If he wanted to cash out he would never do it on an exchange, why would he? If he felt he wanted to cash out he could easily do so off exchange to avoid slippage, trusting exchanges and then all the AML/KYC.

But its not him.
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March 06, 2014, 03:40:06 PM
 #16

Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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March 06, 2014, 03:42:40 PM
 #17

Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Confirmed.

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March 06, 2014, 03:43:17 PM
 #18

Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Where is your post of CONFIRMED bad news when we need it? This is the MOTHER OF BAD NEWS! come'on!!!!
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March 06, 2014, 03:44:03 PM
Last edit: March 06, 2014, 03:55:05 PM by Biodom
 #19

This is totally irrelevant. I kind of like that the guy is a geek.
I hope that he will continue to be silent.
The author, however, is the exact product of a system that seriously posits that how a person looks makes a story.
It's like when the major story about Einstein was that he had unruly hair-99% people did not understand anything about his theories.
This is NOT about a man, this is about an IDEA.

I think that we started to underestimate the value of quiet contemplation, it is all about blah blah blah (like this post unfortunately :/)
In any case, three word agencies knew who Satoshi was for a long time, no doubt about that, considering his background.
I will buy more today or tomorrow.
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March 06, 2014, 03:45:04 PM
 #20

Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Confirmed.

What we need now more than ever is a cryptocoin we can trust.  We can't merely rely on its publicly assessable properties.  We need one whose creator is unknown.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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