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Author Topic: My Bitcoin Conspiracy theory  (Read 404 times)
goaldigger (OP)
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July 09, 2019, 07:21:26 AM
 #1



This was my visual representation of what i am suppose to saying on my theory. This is drawn by me on a single scratch paper so this is not that professionaly made.


So here it is. Before I start, i want to introduce Satoshi Nakamoto which is the creator of bitcoin. Just click the wikepedia link below for short introduction.
https://en.m.wikipedia.org/wiki/Satoshi_Nakamoto

As we all know, bitcoin and blockchain is made by a single person which we know originated in Japan, but what my theory is this.

1. Satoshi Nakamoto is not a single person but rather an organization or a company. There are some articles ive read which tells that S.N. is not a person but a group of people who uses this name to hide their identity.

2. Because of this, i believe that Satoshi Nakamoto and the manipulators which are the whales, bears and bulls are also one person. We dont know why the market constantly changes or when it will goes up or down but i believe S.N. is responsible for all of this knowing he is an organization that can manipulate prices to whatever he wants.


But inspite of this, i am still thankful that he or them made bitcoin and im enjoying the life i have now because of this.

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July 09, 2019, 09:00:09 AM
Merited by hatshepsut93 (1)
 #2

As we all know, bitcoin and blockchain is made by a single person
no, we don't know that for sure. we are nearly certain about it but it might have been a team.

Quote
which we know originated in Japan, but what my theory is this.
that definitely is not true.
for example I am using the name "Pursuer" but that doesn't mean I originate from Drangleic and carry a big ass sword Cheesy

Quote
1. Satoshi Nakamoto is not a single person but rather an organization or a company. There are some articles ive read which tells that S.N. is not a person but a group of people who uses this name to hide their identity.
saying Satoshi is an organization is just as wrong as saying he is one person.

Quote
2. Because of this, i believe that Satoshi Nakamoto and the manipulators which are the whales, bears and bulls are also one person. We dont know why the market constantly changes or when it will goes up or down but i believe S.N. is responsible for all of this knowing he is an organization that can manipulate prices to whatever he wants.
first of all that doesn't match the characteristics of Satoshi to manipulate the market of what he created to free the world from centralized corruption.
secondly, unlike what you may think, becoming a whale isn't really that hard. and manipulation of the market isn't really that easy. we have lots of whales and manipulators in the market right now, some of them we even know!

Only Bitcoin
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July 09, 2019, 09:08:06 AM
 #3


1. Satoshi Nakamoto is not a single person but rather an organization or a company. There are some articles ive read which tells that S.N. is not a person but a group of people who uses this name to hide their identity.




But inspite of this, i am still thankful that he or them made bitcoin and im enjoying the life i have now because of this.

Nobody knows who Satoshi really is. It can also be a person, a company or a community. No article has enough data on this!


2. Because of this, i believe that Satoshi Nakamoto and the manipulators which are the whales, bears and bulls are also one person. We dont know why the market constantly changes or when it will goes up or down but i believe S.N. is responsible for all of this knowing he is an organization that can manipulate prices to whatever he wants.

As Adam Smith said;
Quote
The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand.
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July 09, 2019, 09:41:55 AM
 #4



This was my visual representation of what i am suppose to saying on my theory. This is drawn by me on a single scratch paper so this is not that professionaly made.


So here it is. Before I start, i want to introduce Satoshi Nakamoto which is the creator of bitcoin. Just click the wikepedia link below for short introduction.
https://en.m.wikipedia.org/wiki/Satoshi_Nakamoto

As we all know, bitcoin and blockchain is made by a single person which we know originated in Japan, but what my theory is this.

1. Satoshi Nakamoto is not a single person but rather an organization or a company. There are some articles ive read which tells that S.N. is not a person but a group of people who uses this name to hide their identity.

2. Because of this, i believe that Satoshi Nakamoto and the manipulators which are the whales, bears and bulls are also one person. We dont know why the market constantly changes or when it will goes up or down but i believe S.N. is responsible for all of this knowing he is an organization that can manipulate prices to whatever he wants.


But inspite of this, i am still thankful that he or them made bitcoin and im enjoying the life i have now because of this.

There are so dump people out there there is no words to explain there dumbness , like saying the founder of Bitcoin sv is Satoshi when ironaclly he clam that Bitcoin is not real crypto and in the same type say he the founder hhhhhhh , and there are more dumber people then this which think Satoshi is one person ,

Did you know that wiki leaks operation million times bigger then Bitcoin operation , do you know how much people all around the globe try to trace the oragnized group of people behind wiki leaks, hell it's facts not the dumb posts which overload this fourm,

All this hint from where Bitcoin come and by which people on the web,

So simple...
And when journalist receive information from this team they receive always under one name..

So heck and simple to know this and it's all facts not stupid concpiricy theories which come from super dumb people
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July 09, 2019, 10:04:39 AM
 #5

I'd sometimes love a good conspiracy theory when it's at least a tad bit convincing, but this is pretty much just 100% assumptions with almost zero facts. Same with those articles you've read that says that Satoshi Nakamoto is an organization/company and not an individual, 100% assumptions without backing facts.

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July 09, 2019, 10:21:26 AM
 #6

I think anyone can make a conspiracy about the mysterious identity of Satoshi Nakamoto. And because it is a predictions, it has a two sides; either halfway true or an erroneous assumption. You know what is the clear identity of him, its being an anonymous, cryptic (sounds as crypto) person. Identity answers a question on "who someone is?" and it simply answer a mysterious Satoshi Nakamoto a name behind bitcoin.

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July 09, 2019, 11:16:56 AM
 #7

As we all know, bitcoin and blockchain is made by a single person which we know originated in Japan

There are no evidence that Satoshi originated from Japan. His moniker/pseudonym is of Japanese origins but there are no traces in which one can tell that he really is a Japanese, though his posting patterns on this forum suggest that he was from the far east, as his posting habits were entirely different from that of the Westerners.

1. Satoshi Nakamoto is not a single person but rather an organization or a company. There are some articles ive read which tells that S.N. is not a person but a group of people who uses this name to hide their identity.

Which makes sense if you don't believe that a single person could create bitcoin even in its earliest release. There were numerous bugs that weren't seen even after two years of bitcoin running but considering that the system was flawless and well-thought out, it's possible that Satoshi is not a single person but a collective name for a group of people.

2. Because of this, i believe that Satoshi Nakamoto and the manipulators which are the whales, bears and bulls are also one person. We dont know why the market constantly changes or when it will goes up or down but i believe S.N. is responsible for all of this knowing he is an organization that can manipulate prices to whatever he wants.

If that was indeed true, they should have moved the coins on his known addresses which, 10 years later, remains untouched.

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July 09, 2019, 12:12:49 PM
 #8

there is a very simple debunking argument against your theory:

if Satoshi really wanted to create something to manipulate its price and make profit, then he could have done it in a much easier way and make a lot more money in a much shorter time.
if you want to see an example of how such a thing would look like all you have to do is to pop over to some altcoin exchange and start looking at some of the markets. those developers have created those tokens exactly for this reason. to pump and dump them and make millions in a short time before going away.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 12, 2019, 12:21:09 PM
 #9

Everyone has its own theory, but we can’t believe on anyone’s theory because Satoshi is so hard to find even a professional analyst don’t know the real identity of Satoshi.

Anyway, everyone here are too focused about your theory but seriously I’ve got so much attention on the Picture above, you’ve made a good sketch and seriously I’m thinking to ask you to draw for me like this. Will probably PM you for this one.  Smiley
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July 12, 2019, 08:54:06 PM
 #10

"You either die a hero or live long enough to see yourself become a villain."

We people have a tendency to mistrust a living person. We idolize the dead because now they're incapable of changing. Had Satoshi made himself public, we wouldn't be able to trust bitcoin as much as we do now. Now there is at least a mystery... maybe he died, maybe he wasn't a single person. If real Satoshi comes out now, it will be bad for bitcoin. However, if real Satoshi dies and it is somehow confirmed, it will be good for bitcoin.
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July 14, 2019, 11:08:15 AM
 #11

We still have no strong reasons related to the real identity of Satoshi. That's why it is hard to state whether it is a single person, a group of people or an organization. Regarding market manipulation, I doubt if who controls all the phases including bearish and bullish is a single person. It is too complicated for a single person to control market trends. We can see this forum as an example, it cannot be run just by a single admin only. At least, he needs moderators to help him.


It is my own theory. So, don't compare it to yours.  Grin

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July 14, 2019, 11:12:45 AM
 #12

Great drawing skills,however I can't agree with your theory,that crypto whales and bitcoin creators are just one big organization.This is just too much oversimplifying everything in the crypto world.If many people are involved,the secrets of the organization are almost impossible to remain hidden,yet nobody knows who is the real Satoshi Nakamoto.

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July 14, 2019, 11:24:36 AM
 #13

Many theories fall on the wrong place and gone too far, and this one is just another small theory about Satoshi. Great drawing after all but I’m not convinced about this one, let’s continue to believe on ourselves and keep trusting bitcoin even if we don’t know who make this one.
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July 14, 2019, 12:04:47 PM
 #14

For point number 1 i think people already discuss about this that Satoshi was not a real name and not necessarily from Japan and it could be person or possibly a group consisting of several people but for point number 2 i think it pure of speculate which is there is no evidence satoshi being as the whales and can be manipulate the price everytime they want

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July 14, 2019, 12:48:53 PM
 #15

Either a group or not, Satoshi made bitcoin for a good purposes and we are enjoying it. I respect your theories because its your belief and I can’t question you for that. I believe on my own theory, Bitcoin is created by anonymous person/group to help people from getting away from the corrupt banks, this is the summary i believe.

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July 14, 2019, 01:01:24 PM
 #16

I don't buy this theory. Surely, Satoshi is not necessarily one guy. It could be a person of any gender or even a group of people. It makes sense to me. However, thinking that this organisation is the one responsible for all of the manipulations seems to much. And there isn't enough evidence to support this view anyway.
Bitcoin is not regulated, do it's natural that it's volatile. In fact, it used to be more volatile.

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Siren
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July 14, 2019, 02:13:41 PM
 #17

It’s normal that people can create conspiracy theory because of this kind of market in which volatility and decentralization is making it round added is the anonymity of each individuals that dealing in this community.

But we all have our own interpretation of what is happening specially about the price,and I agreed on your points but what I am opposing is that Satoshi conspiring with the whales or he is one of the whales coz for me they are different people
fiulpro
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July 14, 2019, 04:35:53 PM
 #18

Actually we know that the Creators of Bitcoins were a Team an not an institution .
It may have been powered by some institute from the sidelines but at the end of the day , I think its highly unlikely to actually see a pattern in the highs and lows .
If they were manipulating the price then it would have happened more often .
Why would they wait from 2017 to 2019? When they can fuel up the price rally anytime.?
The whales might work together but you know ,then being Satoshi is very unlikely because the creator would want it to grow , not being manipulated by big business authorities.

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LeGaulois
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July 15, 2019, 01:18:14 PM
 #19

Actually we know that the Creators of Bitcoins were a Team an not an institution .
It may have been powered by some institute from the sidelines but at the end of the day , I think its highly unlikely to actually see a pattern in the highs and lows .
If they were manipulating the price then it would have happened more often .
Why would they wait from 2017 to 2019? When they can fuel up the price rally anytime.?
The whales might work together but you know ,then being Satoshi is very unlikely because the creator would want it to grow , not being manipulated by big business authorities.

Lie, nobody knows and nobody can claims a team created Bitcoin rather than an institution, nor the person, or group, behind it is from Japan (as @OP claims) This is just fantasies backed by hallucinations spread over the web (à la Alex Jones).

Why would they wait for between 2017 to 2019? A reason could be they wanted to clean the market (from the weak hands, or whatever you can think about it), another reason could because it's a step in their manipulation... So many things we can think about it.

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