Bitcoin movements, possibly owned by Satoshi.

[whyrqa]

Today, there is a lot of speculative discussion about whether Satoshi Nakamoto is alive or not, and also What will happen to bitcoin, which are supposedly on wallets belonging to Satoshi Nakamoto.

 A few days ago on the Internet I came across information that says that 50 bitcoins that have not been touched since 2009 have been transferred from one wallet. These coins were received as rewards for mining, namely for block # 3654, in addition, only about four people were mining at that time, among whom was Satoshi Nakamoto. As noted by the information resource Goldfoudinshit TM, these transactions could be carried out by anyone, and not necessarily Satoshi, but everyone has their own opinion on this. In addition, according to Cointelegraph https://cointelegraph.com/news/did-satoshi-just-move-craig-wrights-bitcoins, the address on which the BTC was stored is listed in court documents on the lawsuit against Craig Wright.
You can recall the situation in March 2020, when Bitcoin came into motion, which have been stored in the wallet since 2010, and this situation in a certain way affected the price of Bitcoin. Now many are puzzling over how the revival of the movement of bitcoin on the wallet, possibly owned by Satoshi Nakamoto, the probability of which is very high, will affect the situation in the cryptocurrency market, in particular bitcoin.
According to the publication CoinMetrics, a certain reduction in prices early days was the consequence of such news.
 I ask you to express your assumptions in this regard.

[Jawhead999]

I ask you to express your assumptions in this regard.

I doubt people will answer the same question, so these are their assumptions about 50 Bitcoin movements... you can check it yourself

• Did Satoshi just moved his coins?
• 2009 coins on the move? Probably not Satoshi
• Thoughts on the early-address moving coins and Satoshi?
• Coinbase from February 2009 has just been moved!

[Sword555]

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

[whyrqa]

I ask you to express your assumptions in this regard.

I doubt people will answer the same question, so these are their assumptions about 50 Bitcoin movements... you can check it yourself

• Did Satoshi just moved his coins?
• 2009 coins on the move? Probably not Satoshi
• Thoughts on the early-address moving coins and Satoshi?
• Coinbase from February 2009 has just been moved!

I apologize. Apparently I was late with my question. I'm on emotions after reading the information, I decided to share it with the community, without thinking that there are people faster than me.

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

[Tipstar]

I ask you to express your assumptions in this regard.

I doubt people will answer the same question, so these are their assumptions about 50 Bitcoin movements... you can check it yourself

• Did Satoshi just moved his coins?
• 2009 coins on the move? Probably not Satoshi
• Thoughts on the early-address moving coins and Satoshi?
• Coinbase from February 2009 has just been moved!

I apologize. Apparently I was late with my question. I'm on emotions after reading the information, I decided to share it with the community, without thinking that there are people faster than me.

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

1 million bitcoin is a legendary tale. We don't know for sure if satoshi nakamoto owns that amount of bitcoins. We don't know the exact amount of coins satoshi mined and what potion of it do he hold.
Even if he owns 1 million bitcoin, it's not in a single wallet as the largest amount in single wallet is 168K coins. That means he might have in several small amounts in multiple of wallets of which the wallet in discussion could be one. It won't bring any turmoil in the market if moved in smaller amounts.

[20kevin20]

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

If he owns 1 million BTC and he sells them all, it'd actually help Bitcoin be more decentralized. Just think about it: if 1 million out of 21 were his, that's approximately 5% of BTC held by a single person. If he sold, they'd all go to different persons.

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

Why do people always think Satoshi was the kindest guy ever? He could've been a serial killer - just the fact that Bitcoin was invented by Satoshi doesn't make him entirely a good guy. Maybe his intentions weren't even the ones we think they were. Everything about him is a supposition and even if he was to sell his 1M BTC .. why would you wish he didn't? He created all of this. I think he deserves his reward.

[arwin100]

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

If he owns 1 million BTC and he sells them all, it'd actually help Bitcoin be more decentralized. Just think about it: if 1 million out of 21 were his, that's approximately 5% of BTC held by a single person. If he sold, they'd all go to different persons.

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

Why do people always think Satoshi was the kindest guy ever? He could've been a serial killer - just the fact that Bitcoin was invented by Satoshi doesn't make him entirely a good guy. Maybe his intentions weren't even the ones we think they were. Everything about him is a supposition and even if he was to sell his 1M BTC .. why would you wish he didn't? He created all of this. I think he deserves his reward.

Well maybe they thought that since he creates bitcoins which helps many people financially but we don't really know if he's kind or what, the only thing we know about him is just a little, No once can even show if satoshi is girl or a boy, And also I agree with you there's no problem if he move that since he have the right to do on his creation and its little percentage of holdings, But if he dump 1000BTC in one day well we can say there's something bad going on.

[tbct_mt2]

This is nothing new. We already saw movements from very old bitcoin when the market hit its peaks. Do you really think that in early days of bitcoin network, only satoshi was able to mine bitcoin. I don't think so, guys. Do you think such old coin movements come from whales and it is their efforts to create fear and manipulate price? I think yes, it is. Take advantage of whales activities and get more profits for your portfolios. Nothing to be scared by those coin movements.

[20kevin20]

Well maybe they thought that since he creates bitcoins which helps many people financially but we don't really know if he's kind or what, the only thing we know about him is just a little, No once can even show if satoshi is girl or a boy, And also I agree with you there's no problem if he move that since he have the right to do on his creation and its little percentage of holdings, But if he dump 1000BTC in one day well we can say there's something bad going on.

If he dumps the entire million in an hour, it'd be my time to shine and hoard all coins possible. As soon as you're hodling, it'd be just a little upside down spike you see on your account balance. If you don't sell in panic, you may not even feel it. In fact, you don't lose anything as long as you don't sell.

I'm really wondering whether those hodling are hodling for real if they fear such an event. If that million ever proves to be Satoshi's, then this is a risk that's going to be out there forever. If Satoshi doesn't plan to sell his coins, maybe his grandchildren will.

[The Cryptovator]

There is no such as evidence that this address is owned by satoshi nakamoto. Although personally I believe this address is belongs to satoshi but fortunately it will not make any difference on the fact. And the fact is we don't know exactly which address is belongs to satoshi or if still that address controlled by satoshi nakamoto.

Its sure that address was belongs to a miner who mined bitcoin during that time and satoshi was one of them. If he really moved bitcoin by himself then I am assuming that he want to see the impact of after move. Likely he is reading our discussion as well and realizing effect of after bitcoin move. But still there is suspension who owned this address.

[hv_]

No, does not look like it was Satoshi nor CSWs other funds, also not Hal, but maybe his heirs or Ira Kleinman s group needed money...

[DoublerHunter]

^ All that were mentioned above are still speculation including if Satoshi is still alive, worse is everybody loves to speculate and predict the future base on the things that they can only see, doesn't make sense to me. It doesn't matter if Satoshi really has a million bitcoins then we cannot assume if he plans to sell it or not in whole or in the partial in fact, if whales and big fish will sell all their bitcoins it will give a huge effect on the market so what is the difference if Satoshi will do the same if and only if it is true that he has a million bitcoins. Regardless if Satoshi is a saint or a bad guy what is important here is that knowing that no one including him will destroy anything he invented which he knows is beneficial and may bring a positive future for everyone.

[Sanugarid]

I'd already give my insights and speculation about this topic. You should read over the threads that were made before this if you are interested on other's opinion.

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

If he owns 1 million BTC and he sells them all, it'd actually help Bitcoin be more decentralized. Just think about it: if 1 million out of 21 were his, that's approximately 5% of BTC held by a single person. If he sold, they'd all go to different persons.

If this is true and he decided to sell it, I think he needs more than 5 exchanges coz that is a hella huge amount of bitcoin and selling it will give a market a major decline not only in bitcoin but also with other crypto. BUT I doubt he'll do that since he needs to pass KYC on different levels so definitely don't want to reveal himself. Actually this is a silly idea.

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

Why do people always think Satoshi was the kindest guy ever?  

He's not the kindest, and aren't you not grateful for what he have created?

[electronicash]

I'd already give my insights and speculation about this topic. You should read over the threads that were made before this if you are interested on other's opinion.

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

If he owns 1 million BTC and he sells them all, it'd actually help Bitcoin be more decentralized. Just think about it: if 1 million out of 21 were his, that's approximately 5% of BTC held by a single person. If he sold, they'd all go to different persons.

If this is true and he decided to sell it, I think he needs more than 5 exchanges coz that is a hella huge amount of bitcoin and selling it will give a market a major decline not only in bitcoin but also with other crypto. BUT I doubt he'll do that since he needs to pass KYC on different levels so definitely don't want to reveal himself. Actually this is a silly idea.

I think that if Satoshi exists, then he will not allow this, since such actions will lead to panic and discard the cryptocurrency world in its development ten years ago.
Therefore, I doubt that Satoshi Nakamoto will want to harm his brainchild by such actions.

Why do people always think Satoshi was the kindest guy ever?  

He's not the kindest, and aren't you not grateful for what he have created?

no one says he is kind but he would appear not so bright if he dumps today at a price of $9k while last 2017 its almost $20k so why now?

it must be among the 10 miners during that time who moved his coins, either him or he sold private key of that wallet so someone. moving 50BTC during that time is nothing but today its already a whale alert.

[coolcoinz]

This is FUD, there's no Satoshi's coins on the move! Stop repeating stupid things wethout doing some research, drama boy.
50 BTC worth less than a new Ferrari moved and cowards are already selling their coins because what if it was Satoshi? If It was Satoshi it wouldn't be 50BTC. He wouldn't jeopardize his anonymity for some pocket money.

[Leviathan.007]

The question you are asking is already answered here:
- https://bitcointalk.org/index.php?topic=5249867.0
Regardless, to your question which has already been answered on the topic I mentioned here. I hope the one million of bitcoins claims to be owned and mined by Satoshi himself, never transfer or sell in the market. Because this will have a huge negative effect on the market.

[boyptc]

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

It will start going down but you know what? that's what most of the investors want.

We'd like to see more of it at a cheaper price so that we can buy more of it and keep as much as we can. There's no need to worry though, every single movement of the oldest mined coins makes news and creates FUD.

But, you don't buy with those.

[suzanne5223]

@OP, this is not something new and it should be count as a baseless statement because no genuine evidence was use to back the claim if the wallet was indeed Satoshi's own.

I hope that 1 millions of satoshi bitcoin will be never touched, overwise it will dump btc so hard

It will start going down but you know what? that's what most of the investors want.

You cant possible speak for every investors cause you dont what people want and the last time i checked most investors have prepared for the halving while they are now expecting bullish price trend.
With that been said, i think you dont understand what @Sword555 was trying to say when he said price will dump so hard, he mean really hard.

[Kakmakr]

The coins that was moved, was linked to a regulated exchange..... do you really think Satoshi Nakamoto would use regulated exchanges if he wanted to hide his true identity? Regulated exchanges link Bitcoin addresses to actual true identities of specific people, so making use of these exchanges will reveal your true identity.

This is most probably some early miner that are known to everyone that are simply selling some early coins just to test the integrity of these exchanges. If his tx is linked to his true identity and this information is leaked... then he/she would open up a whole can of worms.    Just ignore this and just move on.  

Satoshi Nakamoto had a lot of people helping him to test the mining back then and these coins was mined in February, if I am not wrong.  

[hv_]

The coins that was moved, was linked to a regulated exchange..... do you really think Satoshi Nakamoto would use regulated exchanges if he wanted to hide his true identity? Regulated exchanges link Bitcoin addresses to actual true identities of specific people, so making use of these exchanges will reveal your true identity.

This is most probably some early miner that are known to everyone that are simply selling some early coins just to test the integrity of these exchanges. If his tx is linked to his true identity and this information is leaked... then he/she would open up a whole can of worms.    Just ignore this and just move on.  

Satoshi Nakamoto had a lot of people helping him to test the mining back then and these coins was mined in February, if I am not wrong.  

So the regulated exchange sending, if true, would also cut out that hackers found the key....