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Author Topic: Satoshi Nakamoto's first post sale  (Read 580 times)
iq_armando (OP)
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March 23, 2021, 06:20:18 PM
 #1

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

https://bitcointalk.org/index.php?topic=5.msg28#msg28

At what price do you think it would be sold?

Of course, with a proof that it is him and he who sells it.

 Cheesy

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March 23, 2021, 07:33:10 PM
 #2

It depends on who have the highest amount to be paid, but I know it will be costly. Assuming there are 1000 people that wish to buy it, all with different amount, if the last person to buy it want to buy it with $1 million, there can still be someone that may stand out and says he wants to pay $1.1, if no other person to pay higher, then it will be sold at $1.1, which means the amount depends on what the buyer with the highest amount paid while others not able to increase theirs above the buyer's prices.

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March 23, 2021, 08:07:24 PM
 #3

Those who'd buy it would probably be the first bitcoin enthusiasts who made a lot of money, thanks to bitcoin. As for the amount, that'll be entirely speculative, though for someone who has a knack for collecting pieces of history (and who has deep pockets), a few million dollars wouldn't really hurt. If some plain paintings from a well-known artist can fetch millions of dollars in value, then Satoshi's first post, converted to NFT, can also achieve those numbers.
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March 23, 2021, 08:09:18 PM
 #4

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

https://bitcointalk.org/index.php?topic=5.msg28#msg28

At what price do you think it would be sold?

Of course, with a proof that it is him and he who sells it.

 Cheesy


If Satoshi came back that would mean a 'real' flawed human being now really does have access to all that BTC and could 'crack' and start selling.

thus what you say would not matter much in the BTC IMHO would dump to 1/2 the current value on the shock of the above and no one would

care about the first tweet...in that, we'd all be freaking out Smiley

I hope Satoshi is OK..but I don't want him coming out and people realizing he controls the keys on that much BTC and maybe tempted....as to

this is why he is coming out.

silly hairless primate monkey humans are odd on this kinda thing

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March 23, 2021, 08:13:39 PM
 #5

While "Everydays" was sold for over $69 million, and Jack Dorsey's tweet was bought by Estiva for $2.9 million, what do you think is a justifiable price for Satoshi's first post who was actually highly technically knowledgeable person in the field of BTC as he was the one who invented it? I believe nothing could pay an amount so big to justify his posts' credibility because his posts were priceless, and priceless things can't be sold. Wink

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March 23, 2021, 08:23:03 PM
Merited by vapourminer (1)
 #6

No, I can't imagine the creator of technology that is the origin of all crypto assets and eventually led to crap like NFT, the person who likely own 1 million Bitcoins, to dabble in NFT or whatever other hype the crypto ecosystem creates. It's like asking "what if Satoshi decided to create an altcoin", "what if Satoshi decided to make an ICO", "what if Satoshi decided to launch a blockchain project". Completely pointless questions, because such things are not going to happen.
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March 23, 2021, 08:28:11 PM
 #7

No, I can't imagine the creator of technology that is the origin of all crypto assets and eventually led to crap like NFT, the person who likely own 1 million Bitcoins, to dabble in NFT or whatever other hype the crypto ecosystem creates. It's like asking "what if Satoshi decided to create an altcoin", "what if Satoshi decided to make an ICO", "what if Satoshi decided to launch a blockchain project". Completely pointless questions, because such things are not going to happen.
Believing on the same thing on where i dont really see for Satoshi to get involved with those NFT hype that we are seeing at the moment.On what for?
Since its been mentioned on presumpting or what if's situation then price would really be expectantly high because we know that any involvement
from the creator of Bitcoin itself will really be something valuable and as mentioned above that the first supporter of this is to those people who
had become millionaires because of bitcoin and a little amount of it wouldnt really hurt at all

R


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March 23, 2021, 08:34:44 PM
 #8

This would be quite interesting if it came to fruition.
But I doubt it since NFTs are on Ethereum.
Satoshi doesn't believe in anything and wouldn't use anything but his own creation. Grin

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March 23, 2021, 09:12:27 PM
 #9

Satoshi will never show again, he/she is like frodo bolson, he/she holds the ring/(private keys) and keeps all the preasure of holding but probably destroy the keys of their coins and any evidence and now he/she is having a peace full life Smiley
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March 23, 2021, 09:12:45 PM
 #10

This is like asking if Satoshi is willing to sacrifice his life for money. It's absolute nonsense if you ask me. Why on earth would he/she be concerned about selling his first post for money when he/she hasn't bothered with selling his/her stash of cryptocurrencies?

It's because this person is clearly not crazy about money which is why the answer to your question is null op.

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March 23, 2021, 09:45:38 PM
 #11

I'm more worried about if he comes back and sells most bitcoins on his possession.

But if for the price of his first post and be it as NFT, the highest that I've seen was $69M I guess. And his could be more than that even more than doubling it.



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March 23, 2021, 09:55:46 PM
 #12

The slot will definitely be for the rich because the highest bidder will have the post. It will certainly be way expensive that an average forum member can't afford to pay both in crypto value and in fiat exchange
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March 25, 2021, 05:00:55 PM
 #13

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

https://bitcointalk.org/index.php?topic=5.msg28#msg28

At what price do you think it would be sold?

Of course, with a proof that it is him and he who sells it.
The name Satoshi Nakamoto is a really big name in the world now and I know very well that if he should show up with proof and decides that he’s going to sell his first post as an NFT, there will be lots of people lined up to buy and it’s sure going to land anywhere around hundred million dollars and even above. That’s what I think.

When Jack did his, he was able to sell for a really huge amount of $2.9 million, and I believe that the mysterious Satoshi can do more than that it he should suddenly show up. And trust me there will be lots of people who are ready to buy it because they love what Satoshi has done for the world and they would love to keep something that belongs to him, so the competition to get it is definitely going to be too much.

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btcsmlcmnr
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March 26, 2021, 11:33:01 AM
 #14

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT
Why do satoshi need to sell his first post in the forum through NFT. As a bitcoin founder, he will sell it with bitcoin, not NFT.

Do you think the ownership of satoshi for his posts depend on NFT? The trace on the Internet are there for more than one decade. With or without NFT, no one can delete his ownership.

Expansive question: Do satoshi has to depend on NFT to prove he is the one marks the message in the Genesis block of bitcoin blockchain?
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March 26, 2021, 11:40:37 AM
 #15

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

https://bitcointalk.org/index.php?topic=5.msg28#msg28

At what price do you think it would be sold?

Of course, with a proof that it is him and he who sells it.

 Cheesy
For the sake of argument Satoshi reappears and wanted to auction his first post here in the community, I would say it will fetch around 8 to 9 figures.

Of course, we all know that he won't be coming though, and I doubt that he will surface again because he wants to join the NFT hype.  Smiley

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March 26, 2021, 11:48:17 AM
 #16

I don't think he will be dealing with a technology like nft if satoshi comes back. But if one possibility is made for souvenirs to celebrate the establishment, big investors will definitely compete with each other to buy. Because a product created and sold by Satoshi will definitely be sold many times more in the coming years.
How do you know that satoshi won't deal with NFT? This will be like any paintings of any artists like Banksy, Basquiat or Warhol, it will definitely fetch a price, I wouldn't call it a souvenir though because NFT is closer to an artwork.
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March 26, 2021, 12:02:37 PM
 #17

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

Really?! You are dreaming that Satoshi himself will come and validate NFT by using it? This is a good one!  Grin Why on earth would he do that?!
No. I cannot imagine that. There's a line that if it's passed makes this kind of imagination get beyond reasonable. That's the line you have passed and I won't.

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March 26, 2021, 12:02:51 PM
 #18

Imagine that Satoshi Nakamoto reappears and wants to auction his first Bitcoin Talk post as an NFT

https://bitcointalk.org/index.php?topic=5.msg28#msg28

At what price do you think it would be sold?

Of course, with a proof that it is him and he who sells it.

 Cheesy
I'd better wait until he/she/they really goes into the limelight and I know if he'd show up then he/she/they probably knows what NFT is and it's still a speculation if he dives into this space or not.

Still skeptical if he really shows up and I guess we should not that hopeful with Satoshi anymore, he'd never shows up again I suppose, if he does then just saying "welcome back and a simple thank you" will be enough.
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March 26, 2021, 06:20:01 PM
 #19

I think that the authority of Satoshi Nakamoto after such an act in the eyes of many would have fallen very much. If he is still alive, he probably understands this and will not do such a stupid thing. He has the ability to sell some of his bitcoins without needing money and remain anonymous.

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March 26, 2021, 06:36:06 PM
 #20

It would be costly, millions or whatnot, and not anyone can afford it. Interested people will be those OG, business owner or someone in collectible sections.

I gues satoshi post will worth more than a Billon's of dollar because people like Elon musk will lead in the bid and so and so many other top money bags will have a money power play to grab the post into they possession.
I doubt elon will spend its money to such thing, never seen he made purchase to some existing NFTs.
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