Bitcoin Forum
May 30, 2024, 06:16:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7] 8 »  All
  Print  
Author Topic: Can Satoshi Stop bitcoin?  (Read 1039 times)
FlightyPouch
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 300


View Profile
September 11, 2020, 03:44:45 PM
 #121

Satoshi Nakamoto can actually burn Bitcoin to drive up its price. This may involve sending them to an unspendable address. If he does that, there would be a bullish reaction in the market. He could then sell them at a profit. This would destabilize the market. Remember, very little is known about Satoshi Nakamoto.


I think he doesn't need to actually send it in an "unspendable address", as long as he is not moving that bitcoin he has, less btcs in the circulation would give positive changes to the market. And I don't think that actually stop bitcoin, that would create more opportunities when bitcoin drops, that is for sure since there are a lot of people actually waiting for it to dump so low.

█▀▀▀











█▄▄▄
.
1xBit.com
▀▀▀█











▄▄▄█
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████     
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████   
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
!
Expecto
Member
**
Offline Offline

Activity: 980
Merit: 12


View Profile
September 11, 2020, 08:29:35 PM
 #122

Firstly I don't think that a really powerful cryptocurrency can be stopped easily. Also, there is no reason for Satoshi to stop Bitcoin if he/she has the power to stop, of course. Bitcoin has been hugely improved since it was first launched in 2009. I think there is no person or government that can end Bitcoin for good.

Shasha80
Sr. Member
****
Offline Offline

Activity: 1876
Merit: 318



View Profile
September 11, 2020, 10:07:51 PM
 #123

Although logically Bitcoin which has a high demand is impossible to stop, but since Satoshi Nakamoto is a creator Bitcoin.
Must know how to stop or kill Bitcoin. But the question is why did Satoshi stop Bitcoin, there is no advantage for Satoshi
stopped Bitcoin. So there is very little chance that Satoshi Nakamoto will stop Bitcoin, or it can be said that it is almost
impossible for Satoshi to stop Bitcoin.

BIGGEST AND MOST
TRUSTED FULLY LICENSED
CRYPTO CASINO
▄▄▄▄█▄█▄▄▄▄
▄█████████████▄
███▀▀███████▀▀███
█▀      ▀█▀      ▀█
███████████████████
███████████████████
█████████████████
███████████████
█████████████
███████████████
███████████████
███████████
▀▀███▀▀
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
█   █   ▄  ███    ███   █
█▀▄▀█ ▄███▄ █  ███ █▀▄▀█
█▀ ▀██▀█▀█▀██████  ██▀ ▀█
█   ▄▀▄▀▄███  ██  █   █
█    █▄█  ██  ██ █    █
█    ██  ██  ███    █
█    █  ██  ██    █
▀▄   ▀▄██ ▄▀   ▄▀
▀▄   ▀█▀   ▄▀
▀▄     ▄▀
▀▀▄▀▀
▀▄ ▄▀▄ ▄▀
█▄ ▀█▄▄▀▄▄█▀ ▄█
▀█▀███▀███▀█▀
▄█████████████▄
█████████████████
█████████████████
███████████████
█████████████████
▀█████████████▀
▀██████████████▀
▀█████████████▀
▀█████████▀
▀▀▀█▀▀▀
SPANISH CLUBS
OFFICIAL ASIAN
BETTING PARTNER
ACCEPT
MULTIPLE
CURRENCIES
.
JOIN US
KIZILAGA
Jr. Member
*
Offline Offline

Activity: 210
Merit: 6


View Profile
September 11, 2020, 10:10:52 PM
 #124


He will not stop but certainly will slow down.
Anna138
Member
**
Offline Offline

Activity: 268
Merit: 10


View Profile
September 11, 2020, 10:33:25 PM
 #125

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 is the point of stopping this idea if it brings benefits to the majority of the citizens of the planet Earth. There is a high probability that this financial system will spread even more globally than it is now. In any case, bitcoin is the most progressive way of financial interaction that exists at the moment.
Cryptoreflector_666
Member
**
Offline Offline

Activity: 728
Merit: 24


View Profile
September 11, 2020, 11:14:51 PM
 #126

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 is the point of stopping this idea if it brings benefits to the majority of the citizens of the planet Earth. There is a high probability that this financial system will spread even more globally than it is now. In any case, bitcoin is the most progressive way of financial interaction that exists at the moment.

It may not benefit just a few people, having their influence over a wider circle, and then the number will not matter at all. In most cases, this is what happens if you analyze the number of whales (wallets and large amounts) relative to past years - the decentralization is very obvious.

seoincorporation
Legendary
*
Offline Offline

Activity: 3178
Merit: 2961


Top Crypto Casino


View Profile
September 11, 2020, 11:24:07 PM
 #127

In the past there used to be bitcoin keys to stop the full network or to send a message to all nodes, if i'm not wrong those keys stop working and only a few users have access to those keys, one of them was satoshi and another one was the owner of this forum A.K.A. Theymos.

I don't remember the full story but is relevant for the topic, in some point satoshi was holding the power to stop it.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
masphie
Full Member
***
Offline Offline

Activity: 896
Merit: 102

-= OI =-


View Profile
September 11, 2020, 11:25:14 PM
 #128

I think he can...
Because, he have all of resourses about bitcoin. But, if this happens... it will take time and cannot be instantaneous.
Unless he has lost all resources.

-= OI =-
Saisher
Full Member
***
Offline Offline

Activity: 2310
Merit: 175


View Profile
September 12, 2020, 01:43:59 AM
 #129

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?

I don't think he can or will he ever do it if he can and in the first place, if the  community know or discovered  that Bitcoin can be destroy, people will stop investing and support Bitcoin, they perceived Bitcoin an ideal decentralized Cryptocurrency, there's some imperfection but never to the point that it can be destroyed it strength lies on it being open sourced and no one can fully control it.
hv_
Legendary
*
Offline Offline

Activity: 2520
Merit: 1055

Clean Code and Scale


View Profile WWW
September 13, 2020, 11:02:30 AM
 #130

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?

I don't think he can or will he ever do it if he can and in the first place, if the  community know or discovered  that Bitcoin can be destroy, people will stop investing and support Bitcoin, they perceived Bitcoin an ideal decentralized Cryptocurrency, there's some imperfection but never to the point that it can be destroyed it strength lies on it being open sourced and no one can fully control it.

Not many different  miners producing blocks at these prices these days. And these are too big to hide

The only way for those few big ones is to be max compliant by any means not to get into focus of 'long arms'.

It has been done in the past, and why not again?

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
Question123
Sr. Member
****
Offline Offline

Activity: 1624
Merit: 267


View Profile
September 13, 2020, 11:27:00 AM
 #131

I don't think once Satoshi Nakamotoonce he comeback again to the crypto world he will do stopping bitcoin and the reasons why he do that?

If Im investor of this I must proud of what I've done because I invented something that help many people and possible to reach them or given opportunity to everyone to earn.
Sebas.tian
Full Member
***
Offline Offline

Activity: 2044
Merit: 163



View Profile
September 13, 2020, 11:54:50 AM
 #132

The name(Satoshi) doesn't signify a single person but Satoshi is a general name for the group. Satoshi won't like to destroy what has been done because they have liberated the common man from government enslavement. He can with 51% attack, so stop saying he can't, though this will be a tough decision as it will cost huge funds to be executed.

Betwrong
Legendary
*
Online Online

Activity: 3290
Merit: 2167


I stand with Ukraine.


View Profile
September 14, 2020, 09:35:12 AM
 #133

I don't think once Satoshi Nakamotoonce he comeback again to the crypto world he will do stopping bitcoin and the reasons why he do that?

If Im investor of this I must proud of what I've done because I invented something that help many people and possible to reach them or given opportunity to everyone to earn.


We can't rely on Satoshi staying sane for an unlimited amount of time. Fortunately, he created something so powerful that even he himself is unable to destroy.

So, imo, the answer to OP's question is NO, Satoshi(let alone anyone else!) can't stop Bitcoin.

Some old billionaires, big banks and governments should stop trying. It's an unkillable technology of the future, you either embrace it or limp forward without it, but you can't destroy it.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Sapphire915
Member
**
Offline Offline

Activity: 182
Merit: 11


View Profile
September 14, 2020, 01:43:16 PM
 #134

I believe that Bitcoin is unstoppable now and Satoshi couldn't stop it anymore. And I agree with the one statement below that Satoshi was fully aware and in his full will that his Bitcoin creation/Blockchain industry will be more trending and popular in the world market as the days, months, and years goes by..and He can never stop it. His creation was designed to grow fast and gives jobs, earning, investment and easiest ways of fund management to people and will continues till the next generations. We should be grateful for the brilliant and unique ideas that Satoshi has.
bitzizzix
Sr. Member
****
Online Online

Activity: 2408
Merit: 448


SOL.BIOKRIPT.COM


View Profile
September 14, 2020, 03:46:49 PM
 #135

It seems like nothing can stop Bitcoin, including the man who created Satoshi Nakamoto, who I think is a great and extraordinary human.
It's simple, if Bitcoin can be stopped, those who invest or investors will not waste money buying bitcoin because there will be worries if it is stopped suddenly, and I think those involved in bitcoin are great people who think smart, because they know the best places to double the money.

B.I.O.K.R.I.P.T|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
BitcoinPanther
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 564


View Profile
September 14, 2020, 09:48:16 PM
 #136

What great with Bitcoin is it being decentralized.  Mostly all noded are set up voluntarily because of the interest on Bitcoin.  Even with Satoshi appearing and telling people to stop mining or setting up node, I believe the Bitcoin ecosystem is huge enough and performing well enough that most of this supporter can ignore what Satoshi wanted them to do.  So I think Satoshi have no power to stop Bitcoin because most of the supporter are doing it according to their own accord and not because Satoshi told them or hire them to do it.
oprahwindfury
Full Member
***
Offline Offline

Activity: 590
Merit: 108



View Profile
September 21, 2020, 02:13:37 AM
 #137

Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.

BayAreaCoins
Legendary
*
Offline Offline

Activity: 3920
Merit: 1247


Owner at AltQuick.com & FreeBitcoins.com


View Profile WWW
September 21, 2020, 02:28:26 AM
 #138

Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.

Probably could launch a massive attack for a LONG fucking time... but really they could probably afford to take down "the internet"... Bitcoins the least of the worry about what could go down IMO.

D-Day is always 2 minutes or less away in everything.

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
Alucard1
Full Member
***
Offline Offline

Activity: 574
Merit: 125


View Profile
September 21, 2020, 08:08:03 AM
 #139

Even though Satoshi is the one who created the bitcoin, I don't think that he can stop it because there are already many changes happened after he created it, no one can stop it, and for sure it would require big finances, great tram and knowledge to do it. Well, I dont think that Satoshi Nakamoto wouldnt think about stopping bicoin because there are many people who are using and get benefits from it. Why would he choose to delete it if he knows how good it is to many people.

lepbagong
Full Member
***
Offline Offline

Activity: 2310
Merit: 121


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
September 21, 2020, 09:17:17 AM
 #140

Bitcoin is invented by satoshi but it's not anymore the private property.So the answer is crystal clear that he would not be able to stop bitcoin.
the right answer, take it that he found it, but now many have held it and made an investment and there is no way he can intervene belonging to someone other than he is willing to pay for it. I also don't think he has tried but he also wants to write off it seems irrelevant.

Pages: « 1 2 3 4 5 6 [7] 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!