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Author Topic: No Wonder Satoshi Disappeared...  (Read 390 times)
Cyberczar
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November 07, 2019, 12:55:28 PM
Last edit: October 10, 2020, 01:38:33 PM by Cyberczar
 #1

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared.

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November 07, 2019, 02:23:25 PM
 #2

Money is big business.

Ripple is literally a business, though.  It's not a valid comparison with BTC and satoshi.  Bitcoin isn't an entity that can be sued for giving investors fraudulent advice.  Ripple is. 

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November 07, 2019, 04:17:35 PM
 #3

BTC: is generated through mining, and can by mined by anyone(with the right hardware).
XRP: the total supply is already generated, and is slowly distributed by Ripple, the company. Basically created out of thin air. And they hold majority of the total supply.

See the huge difference there? Though I'm not saying Satoshi disappearing is a bad idea. It's definitely for the good for him, and for Bitcoin in general.

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November 07, 2019, 04:33:18 PM
 #4

'In a suit, the plaintiff accused the company of breaching securities guidelines by issuing XRP monthly in sales to the public with promises of gain.'

Is there any truth to that? If that's declared to be the case then they're in for quite the ride.

No one's ever been able to explain to me how the fuck XRP ever snuck into the crypto market in the first place. Almost everything about it is the very antithesis of it.

As for Satoshi's disappearance, beyond its creation it's the wisest act he ever carried out. It's one of the reasons BTC will remain the gold standard.
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November 07, 2019, 04:48:37 PM
 #5

'In a suit, the plaintiff accused the company of breaching securities guidelines by issuing XRP monthly in sales to the public with promises of gain.'

Is there any truth to that? If that's declared to be the case then they're in for quite the ride.

No one's ever been able to explain to me how the fuck XRP ever snuck into the crypto market in the first place. Almost everything about it is the very antithesis of it.

As for Satoshi's disappearance, beyond its creation it's the wisest act he ever carried out. It's one of the reasons BTC will remain the gold standard.

They did not snuck in, they just started offering people FREE Ripple for their Facebook identity and a lot of gullible people fell for that offer and

linked their real identity to those tokens. So from the start, Ripple went out to destroy anonymity and to bend over to the regulatory authorities

to get traction in the market. They even went to the Banks and begged them to use Ripple.  Roll Eyes

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November 07, 2019, 04:55:31 PM
 #6

With his last of mails released. Anyone can easily predict satoshi was planning the exit the day he started. He knew bitcoin is going to be a success without him. Accumulated a good amount of coin and disappeared without a trace. I respect his desire of privacy but if he won't reveal himself, a great person would get lost in the disguise of a pseudonym.

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November 07, 2019, 04:59:39 PM
 #7

Money is big business.
Ripple is literally a business, though.  It's not a valid comparison with BTC and satoshi.  Bitcoin isn't an entity that can be sued for giving investors fraudulent advice.  Ripple is. 
I have noticed this too even though I havent been into it for very long. Only used it for transactions due to it being offered as many have indicated already how they managed to get the majority of their user base by offering it to them for free in the beginning. But for a trade in for their identities via facebook.
I dont agree with their ethics and what their company stands for from what I have seen so far in the cryptonews shows on youtube about ripple but it is the fastest to transfer funds then what I have used so far. And I believe this is the determining factor in what those big businesses really care about including the banking entities looking to use cryptocurrency for their own agendas. Sad

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November 07, 2019, 05:00:34 PM
 #8

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/
Well, Ripple tried to do it in a bank-friendly way, and they attracted investors who are obviously not happy now that the project did not have much progress over the last couple of years. However, I don't see how this relates to Bitcoin since Bitcoin was not an investment tied to some project in the first place, thus Satoshi could not be accused of similar things as Ripple's team. However, I do believe that it's safer for Satoshi to remain anonymous because someone could surely try to make him go to jail for creating a new form of money and for making as well as allowing to make money without paying taxes.

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November 07, 2019, 05:04:48 PM
 #9

my brain froze, what this:

No Wonder Satoshi Disappeared... " title of your thread has to do with this:

Ripple’s Woes May Multiply As Disgruntled Investor Files Fresh Claims

you are trying to get people's attention for a discussion that has nothing to do with satoshi


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November 07, 2019, 05:11:34 PM
 #10

Tittle and body is different lol.
Btc and ripple is two different coins.Ripple tried to attract investors by doings communication with bank and failed.in my view ripple is centralised and btc is decentralised. So there is high risk if you use ripple to be anonymous because of bank. btc is far better than xrp. Also there is not enough development from XRP team.
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November 07, 2019, 05:30:46 PM
 #11

my brain froze, what this:

No Wonder Satoshi Disappeared... " title of your thread has to do with this:

Ripple’s Woes May Multiply As Disgruntled Investor Files Fresh Claims[/url]

you are trying to get people's attention for a discussion that has nothing to do with satoshi


Its very misleading, like those cheap tricks used by traditional media: News papers. You get a headline of something, and the content is completely different.

"And now, for something completely different..."

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November 07, 2019, 06:55:30 PM
 #12

my brain froze, what this:

No Wonder Satoshi Disappeared... " title of your thread has to do with this:

Ripple’s Woes May Multiply As Disgruntled Investor Files Fresh Claims[/url]

you are trying to get people's attention for a discussion that has nothing to do with satoshi


Its very misleading, like those cheap tricks used by traditional media: News papers. You get a headline of something, and the content is completely different.

"And now, for something completely different..."
I think the link is that if Satoshi were around, he'd be a centralizing factor for Bitcoin and a possible basis for legal action against the network.
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November 07, 2019, 07:19:44 PM
 #13

I'm a little bit confused of where you are pinpointing your point to. Though, indeed, cryptocurrency is money and the true one for that matter.
I think the disappearance of Satoshi is the best thing that has ever happened to Bitcoin. It promoted it decentralization.
If the true identity of the guy is known, there will be too much conspiracies and controversial. And Bitcoin might not have reached the stage it is presently.
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November 07, 2019, 07:23:19 PM
 #14

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/

I don't think this can be considered as one of the reasons satoshi disappeared. And in another note, ripple is totally centralized and that is the main reason why we see such news related to it. I believe that Satoshi disappeared because he realized that people didn't really understand his idea behind creating Bitcoin and these people had the power to destroy what he had created if his identity is made public.
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November 07, 2019, 08:26:40 PM
Last edit: November 07, 2019, 08:42:10 PM by chaoscoinz
 #15

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/
If Satoshi disappeared it is most likely because he has moved onto bigger and better projects. Being that this project has been a complete success, I'm sure Satoshi made other plans for the moment. He hasn't touched any of his share of Bitcoins, not a single satoshi  So likely not important to him. 
 Just a theory
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November 07, 2019, 08:57:03 PM
 #16

I don't think these issues have anything to do with why Satoshi disappeared.

Rumors suggest that Hal Finney—a famous developer created Bitcoin, since he is the first know user.

Finney died a few years ago, hence why Satoshi hasn't been heard from in a while.

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shield132
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November 07, 2019, 09:17:38 PM
 #17

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/
Creation of bitcoin was great thing, it needed some background story and it happened, scenario: Satoshi created bitcoin, mined 1 million btc and then disappeared. Why was he with us for a while? It's still unknown and also why he disappeared but I have own versions on this.
1. Maybe he disappeared because he got 1 million bitcoin, enough money for his life. Revealing of his identity would be very risky and dangerous for his health/wealth. Remember why bitmixer owner closed real and super money making machine, his website? He earned money and closed to feel safe, did best thing.
2. What benefit would he get from being in a game? Satoshi gone, bitcoin alone and rises. No fear for satoshi but to see huge gains and profits. Which is better, to be under stress or to sit at home, watch TV and be billionaire? Almost everyone dreams that last one and satoshi turned that dream into reality for him.
3. We can say a lot of variants, maybe it wasn't done by individual and planned from governments? Look bitcoin like a virus, you think it's unbeatable (anonymous) and there is no antidote (way to track transactions) but in reality there is and creators own that. Then this last one sounds logical too.


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November 07, 2019, 09:20:13 PM
 #18

They did not snuck in, they just started offering people FREE Ripple for their Facebook identity and a lot of gullible people fell for that offer and

linked their real identity to those tokens. So from the start, Ripple went out to destroy anonymity and to bend over to the regulatory authorities

to get traction in the market. They even went to the Banks and begged them to use Ripple.  Roll Eyes

It snuck in in the way that it's one of the top coins even when it shouldn't be because it stands out like a fucking bear between standing between dogs. It's not decentralized it's not mined it was premined if we even can call it that and it depends on the company that made it.
 
It was distributed but how the hell did so many people buy it to make it a top 5 cryptocurrency. With only airdrop hunters as their clientele they wouldn't be so high.
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November 07, 2019, 09:30:21 PM
 #19

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/
Was ripple even around when Satoshi disappeared. If it wasn't, this isn't a really good reason why he disappeared from the scene, pretty sure he left when there was no other crypto-currency (other then BTC), and other cryptos like ETH, etc, where created a year later.

Ripple is a business that tries to sell tokens as securities/assets/blah blah, and it's completely different from bitcoin, which is a decentralized payment method/storage of value, and they have nothing in common except they are both crypto-currencies.

If Satoshi was around, I'm sure that we'd see a lot more action against these coins, fun to think about Tongue

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November 07, 2019, 10:08:35 PM
Merited by tenakha (1)
 #20

Was ripple even around when Satoshi disappeared. If it wasn't, this isn't a really good reason why he disappeared from the scene, pretty sure he left when there was no other crypto-currency (other then BTC), and other cryptos like ETH, etc, where created a year later.

Ripple is far older than BTC. If I remember rightly it got rolling in a rather different form in 2004 or so. This makes it a double piss take as it's had 15 goddamn years to achieve something, and indeed it has - a truly ludicrous price based on nothing.
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