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Author Topic: Can Satoshi Stop bitcoin?  (Read 1036 times)
posi
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August 30, 2020, 07:08:29 PM
 #81

Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
No. Despite that  I dont see a reason why someone will decide to stop or destroy what he worked hard and labor for

So many people hate btc and they try to take it down and thier reason is that they are jealous  .

 They want their coin to be on the spot of btc and they want their coin to be the next btc but I don't think Satoshi himself will destroy what he created because he is proud of it . We can feel the same if we built something and we will only develop it to perfection  , not to destroy it .
You make a good point because the act of trying to be top coin was among the reason why some altcoin was hit with double spend by a group of people but we all know that no altcoin can dethrone or have the potential Bitcoin had.

In my opinion Satoshi can't stop bitcoin and no one else can stop it even Jeff Bezos  Cheesy
Jeff Bezos never show any interest in Bitcoin but this might change in the future and now that Bitcoin potential was proved during the total lockdown.

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August 30, 2020, 07:16:12 PM
 #82

Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?

What do you mean by stopping it again?

I guess one of the things is we don't know if Satoshi exists or bitcoin is made by a company or maybe just a country, somehow for me it is impossible to stop the bitcoin now but what could happen is to kill the bitcoin marketprice that is surely going to killed bitcoin. The main theory here is Satoshi is holding a big percentage of bitcoin, having a big percentage of bitcoin and dumping it in the market could potentially kill bitcoin, we don't know but that's how the bitcoin scam is going to work. Also, it might affect all of the cryptocurrency in the market when the market price reaches 0.

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August 30, 2020, 08:42:47 PM
 #83

Stopping to achieve what exactly?
This is a financial freedom and you think he would want it back?
Taking it back already ruined the purpose he created it in the first place making him waste his time hiding undercover for years.
Only new projects with the aim to scam would do that to it's investors.
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August 30, 2020, 08:58:29 PM
 #84

Guess Satoshi cannot stop it, but tank for a wile

Satoshi predicted, datacenters will run it. Let s see if that gets big with BSV

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August 30, 2020, 10:43:08 PM
 #85

That is impossible, it is not under control of anyone and it is scattered geometrically and that is what it meant to achieve. If it was that simple to stop or influence, then Government of all cadre could have done so before now.

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August 30, 2020, 11:50:09 PM
 #86

In my opinion there is no reason why Satoshi should stop the Bitcoin that he created, after all Bitcoin transactions are already unstoppable.
With such a high demand for Bitcoin, it is difficult to stop Bitcoin at this time. But because Satoshi created Bitcoin, there is a possibility that
Satoshi understands how to stop Bitcoin. But I believe Satoshi will not stop Bitcoin.

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August 31, 2020, 01:17:38 AM
 #87

I think Satoshi Nakamoto is just a pseudonym and not sure he's from Japan. What power does satoshi nakamoto have to stop bitcoin? tell people to stop using bitcoin? I don't think anyone can stop bitcoin and it can't be stopped.
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August 31, 2020, 04:34:59 AM
 #88

In my opinion there is no reason why Satoshi should stop the Bitcoin that he created, after all Bitcoin transactions are already unstoppable.
With such a high demand for Bitcoin, it is difficult to stop Bitcoin at this time. But because Satoshi created Bitcoin, there is a possibility that
Satoshi understands how to stop Bitcoin. But I believe Satoshi will not stop Bitcoin.

theres no reason why he will stop his creation. if he wanted to, he should have done that a long time ago. and we have been more than a decade in crypto, and btc adoption is growing everyday. the strength of btc has been tested once again during this pandemic and yet instead of going down, it continues to increase its value.
 i dont see any valid reason why he will stop this good invention for nothing. a lot of people are benefitting from this invention so why stop?

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August 31, 2020, 08:56:26 AM
 #89

I don't think that will happen because he has given the creative power to the community. That means it is impossible to erase the technology of bitcoin or burn it all down. Unlike other projects, bitcoin is mined with a miner and comes from 0 bitcoins. He can only destroy bitcoins by attacking 51% and now if he wants to do that he needs to have a larger number of miners than the entire number of bitcoin miners in the world. Projects held by ICOs through smart contracts on the ethereum, NEO, EOS, TRX networks ... can burn coins they own by the contract's owner.



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August 31, 2020, 11:38:34 AM
 #90

We all know Satoshi Nakamoto is the creator of bitcoin and blockchain technology. Bitcoin is a successful cryptocurrency that many altcoins tries to outrun bitcoin, but they don't succeed that bitcoin remains number one in the crypto market. It is the reason why it has made a lot of improvement to it's price that it unexpectedly reach $20K last year of 2017, and it still trying to reach it's new ATH. So what are the reasons why Satoshi would want to stop bitcoin as one of his greatest creation because if he would stop his it, it already happened years ago.

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August 31, 2020, 02:03:56 PM
 #91

there isn't a "stop blockchain" button Tongue
however he is the same able to make some interventions on the main net moving some of his coins.
this will be for a certain point of view very disruptive since the market couldn't understand why there is a movement like this (panic selling!).
this will not stop bitcoin itself but for sure could have a very strong impact on the whole market.

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August 31, 2020, 08:45:24 PM
 #92

He can't stop it, once it's running it's no longer under his control
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August 31, 2020, 09:19:35 PM
 #93

because it is open-source and decentralized, Bitcoin can no longer be "stopped". Satoshi not only made a cryptocurrency that no one else could control but it applied to him too.

Satoshi is a great thinker, he not only made Bitcoin unstoppable but made Bitcoin unable to increase in number and forever it would only be 21 million coins.

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August 31, 2020, 10:44:52 PM
 #94

To stop it "again"? Has he ever done that before?

No, he doesn't have the power to stop it. If anything, if he ever comes back, he might temporarily be able to strongly influence the market. Considering the immaturity of the markets, that's possible but wouldn't last too long though. Otherwise, it is pretty unstoppable. Why would you listen to a guy who disappeared for a decade and sell everything or suddenly stop using BTC because he says so? We already understand the system and we like it as it is.

Who knows?Even it is already an open-source and decentralized,  He programmed bitcoin and he can do anything of it. We just say that he has no control because we haven`t see it yet. But the bottomline of this is that, why he will ruin his own project? He should be happy right now that bitcoin was popular and worldwide been using as crypto payment. If he will stop bitcoin, his dream to have decentralized and anonymous transaction would lost. This is now the reason why he will not stop bitcoin.

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August 31, 2020, 11:16:07 PM
 #95

To stop it "again"? Has he ever done that before?

No, he doesn't have the power to stop it. If anything, if he ever comes back, he might temporarily be able to strongly influence the market. Considering the immaturity of the markets, that's possible but wouldn't last too long though. Otherwise, it is pretty unstoppable. Why would you listen to a guy who disappeared for a decade and sell everything or suddenly stop using BTC because he says so? We already understand the system and we like it as it is.

Who knows?Even it is already an open-source and decentralized,  He programmed bitcoin and he can do anything of it. We just say that he has no control because we haven`t see it yet. But the bottomline of this is that, why he will ruin his own project? He should be happy right now that bitcoin was popular and worldwide been using as crypto payment. If he will stop bitcoin, his dream to have decentralized and anonymous transaction would lost. This is now the reason why he will not stop bitcoin.

Not seeing any good reason also why he will do such thing. After a decade of existence and benefiting the crypto community, why would he ever think of stopping the bitcoin mania? So even if he has the way to stop it, not gonna see he will do such crazy thing on his creation.
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August 31, 2020, 11:16:15 PM
 #96

Satoshi Nakamoto has done a great job in bitcoin invention, his idea is what many of us are celebrating and enjoying today and we are grateful to have such a great idea, we have all believed that by the decentralized nature of bitcoin, it should be unstoppable by any government,even by Japan where Satoshi was claimed to be a citizen. Now that his idea has been propelled far and wide, do you think he has the capacity to stop it again?
Stopping for what? Im not really that too techy type of person but i presumed out that he cant able to stop on what he had invented.It is designed for it not to be possibly manipulated by no one.
Adoption had already spread into a certain extent thats why its just senseless to think that he would just come out to public and trying to stop bitcoin in means of technical aspect.
This might be a non-sense topic but for the sake of discussion then it isnt half-bad either.

Who would be the one to stop a revolutionary invention that he do sees that it did help lots of people? Getting away from centralization and to be your own bank?

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August 31, 2020, 11:49:27 PM
 #97

How can Satoshi stop bitcoin, mate? Even we don't know he is a single person or ID of multiple persons. Also, Satoshi won't disappear if he wants to stop Bitcoin. After he sacrificed to disappear for years, it is a bit impossible that he will be suddenly appearing to the public and state to stop Bitcoin. Instead, we will suspect he is a fake Satoshi. Please remember that Satoshi has a dream to make Bitcoin be digital cash, it is written in Bitcoin WP. I believe he won't stop it till Bitcoin can achieve the goal. Or even Bitcoin has reached the goal, Satoshi surely won't destroy it as it has been an important part of human life.
 

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August 31, 2020, 11:51:24 PM
 #98

Bitcoin is an open source that cannot being stop by anyone even Satoshi itself if i dont mistake. Even if his country wanna to claim bitcoin also cannot be do as this bitcoin is the property of everyone in the world. No one has bitcoin and no one can stood up and be the owner of bitcoin.

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September 01, 2020, 12:59:05 AM
 #99

Bitcoin is an open source that cannot being stop by anyone even Satoshi itself if i dont mistake. Even if his country wanna to claim bitcoin also cannot be do as this bitcoin is the property of everyone in the world. No one has bitcoin and no one can stood up and be the owner of bitcoin.
There is no proof that Satoshi Nakamoto is a real name. It is a Japanese name, there's no debate with regards to that matter.

But in all of the names, his name was just made-up so that he can hide under that name. And if I've used the term "him", I'm speculating that he's a guy and there were other speculations that it's name of a group of people that worked for bitcoin. Nobody knows.



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September 01, 2020, 02:38:26 AM
 #100

Satoshi nakamoto is just a pseudonym and he may not be in Japan. What is satoshi's reason to stop bitcoin? and how does he stop decentralized bitcoin? there seemed no reason to do so and nothing could stop it.
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