Sihab76
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April 21, 2021, 09:17:17 PM |
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If the amount of bitcoin that Satoshi Nakamoto has can enter the market directly, then a special change can come in the bitcoin market. By doing this, Bitcoin can declare income. However Satoshi Nakamoto will not bring bitcoin directly to the market. So it is better for us not to publish any extra controversial facts about Bitcoin.
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Alucard1
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April 22, 2021, 06:34:58 AM |
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For sure Satoshi has a big amount of bitcoin in his portfolio and it would be a big disaster if ever he sells his all bitcoin, it will make a lot of people panic because bitcoin will really go down if this would happen, a lot of investors or hodlers will sell bitcoin as well but this thing would not be possible, he won't do such things that would suffer a lot of investors. surely there will be a very large shock in the public market. maybe I think it could cause a global panic for bitcoin owners. But Satoshi Nakamoto wouldn't do something stupid like that, there must be a bigger plan than worrying a lot of people just looking for a profit.
That's true and the tweeter's number one trend would be that news that will surely trigger a lot of people to sell their bitcoin as well because of the things that they may read on Twitter or any social media platform.
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Vishnu.Reang
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April 22, 2021, 12:00:30 PM |
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If some of Satoshi's estimated BTC980,000 coins show any sort of movement, then we can expect a bloodbath in the market. Despite the multi-billion USD daily trade volumes, I don't think that the market has enough liquidity to deal with an additional inflow of more than BTC10,000 in one day. As we have seen during the past few weeks, whenever a whale dumps a few thousand coins, the prices remain suppressed for many days. What that is the case, you can imagine how the market will react to the possibility of close to a million coins being dumped.
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Hippocrypto
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April 22, 2021, 12:10:34 PM |
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What you ever wondered what will happen with Bitcoin once Satoshi moves his/her/their coins to another address on the Blockchain? While most people are focused on other aspects of Bitcoin, they haven't realized that one day Satoshi could decide to dump all of his/her/their coins for profit. Or he/she/they could decide to manipulate the market with the huge stash of coins. This will certainly bring the attention of many crypto enthusiasts as recent network activity could indicate that Satoshi is still alive. What are you thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I don't think this name satoshi just belongs to a single individual, but in reality this alias named after that identity was made in order to protect the anonymous being of the one who created bitcoin in the first place. That's a huge loss for many holders if this man would decide to convert his wealth for physical money or even wipe out bitcoin from blockchain system. However, I believed that bitcoin doesn't belongs to a single person but rather to a group of whales who has the control over it. Before that certain scenario happens, decision making doesn't only begin by single approval but by individual agreement.
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blckhawk
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April 22, 2021, 12:31:55 PM |
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What you ever wondered what will happen with Bitcoin once Satoshi moves his/her/their coins to another address on the Blockchain? While most people are focused on other aspects of Bitcoin, they haven't realized that one day Satoshi could decide to dump all of his/her/their coins for profit. Or he/she/they could decide to manipulate the market with the huge stash of coins. This will certainly bring the attention of many crypto enthusiasts as recent network activity could indicate that Satoshi is still alive. What are you thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) When Satoshi happens to move his coins it would cause panic across the market, imagine an overwhelming amount of bitcoin is being transferred that would surely get a lot of attention perhaps there would a panic sell may occur. If it happens he/she sells his stash it would totally bring the market down everything is in a bloodbath besides, I don't think the market will be able to accommodate this huge number. To put it simply, this could possibly destroy everything so I hope he had no intent to sell it.
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kryptqnick
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April 22, 2021, 01:12:31 PM |
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What you ever wondered what will happen with Bitcoin once Satoshi moves his/her/their coins to another address on the Blockchain? While most people are focused on other aspects of Bitcoin, they haven't realized that one day Satoshi could decide to dump all of his/her/their coins for profit. Or he/she/they could decide to manipulate the market with the huge stash of coins. This will certainly bring the attention of many crypto enthusiasts as recent network activity could indicate that Satoshi is still alive. What are you thoughts? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) In this situation, Satoshi could bring down the price if they want to, but I don't think that it would be completely devastating and irreparable. It could be an event leading to years of stagnation, but I believe Bitcoin would recover anyway. I also believe that if Satoshi decided to dump everything, they would do it via OTC deals because of the huge sums involved because dumping such sums on exchanges would be way harder and take more time and effort. In that case, the price wouldn't even change much because such deals aren't done on exchanges and thus the general demand and supply for BTC on exchanges remains the same. The only thing that would follow is some FUD, but that probably wouldn't have lasting effects on the price at all.
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bosede1
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April 22, 2021, 01:18:02 PM |
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If satoshi decided to sell his bitcoin this will cause a negative uproar for all the holders and will have a negative impact on cryptocurrency as a whole. I hope this is just mere speculation and will not come to possibility
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thirdkiller
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April 22, 2021, 02:07:47 PM |
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I do not know what will happen then, but at the same time I will try to sell all my BTC on ownr and trust wallets. And it will be the right decision.
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Momoamzad
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April 22, 2021, 07:24:16 PM |
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I don't think shatoshi will do that . But still if this happen the price will down because the supply will be high than demand and as a result bitcoin price will fall down. And I think if shatoshi still alive he would not do that .
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blackened515
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April 22, 2021, 08:22:42 PM |
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I don't really know what will happen after then, beside the proce of bitcoin will certainly drop to open more opportunity for more investors to buy more, I have actually thought that some people will have doubts in bitcoin to be a scamming thing coming up with questions like, why must the owner sell off, isn't he trying to scam? People had mix reactions and those who didn't like what he did most likely sold also. It's possible that we will see the same market reaction. People have gotten used to whales moving BTC worth millions of dollars but it's different if it's Satoshi did.
Yeah, it depends on the amount of bitcoin Satoshi is selling, can the amount be a such that will crash down the price of bitcoin? Imo, I'm thinking satoshi won't be selling his bitcoin now because he may not fill better with the current total volume bitcoin has generated so far with expectation to e greater than other assets like gold and stocks.
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Woodie
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April 22, 2021, 08:41:26 PM |
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If that huge chunk of coins we believe are tied to satoshi were to be sold today , well look at it this way, you know how we humans are and FOMO...if news got that Satoshi moved/sold his stash herd mentality will follow and many would sell but as of today we have institutions trading so they would be happy to buy these coins as this would allow them to easily control the market.
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Bilgent
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April 22, 2021, 09:21:50 PM |
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Satoshi could be the richest person or group in the world then. But I don't think such thing will happen. And Satoshi will continue HODLing. We don't even know Satoshi is still alive though.
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tanjiran
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April 22, 2021, 11:19:51 PM |
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I don't think shatoshi will do that . But still if this happen the price will down because the supply will be high than demand and as a result bitcoin price will fall down. And I think if shatoshi still alive he would not do that .
even if the dump must be many people will be happy because they can accumulate bitcoins at a low price, right? One of the most unique strengths of bitcoin today is that it is not controlled by any authority, and it does not seem like Satoshi will easily let his identity be exposed. until this decade, bitcoin has grown very rapidly, many investors have handled a lot of bitcoin, so things will not be as bad as imagined. Moreover, the adoption of bitcoin is also getting wider.
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andthereyou
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April 23, 2021, 07:47:14 AM |
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It is more likely that people will also dump if Satoshi suddenly dump all his bitcoin. But if ever Satoshi will annouce that he/she is back and will not sell his bitcoins. Then I think it will become a factor of a sudden increase price of bitcoin.
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Kong Hey Pakboy
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April 23, 2021, 07:50:26 AM |
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Satoshi could be the richest person or group in the world then. But I don't think such thing will happen. And Satoshi will continue HODLing. We don't even know Satoshi is still alive though.
Exactly, not to mention that satoshi might not be only one person and that 1 million bitcoins were divided equally to the group that is satoshi. Maybe satoshi isn't going to really sell it but waits for the time when bitcoin is already at the peak and that bitcoin is already a widely used currency instead of just an asset. If in the rare case that satoshi did sold those bitcoins then probably the prices is going to go down in catastrophic levels.
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TribalBob
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April 23, 2021, 01:50:19 PM |
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one thing that is very bad and will probably be the beginning of bitcoin fading and will become the past / memories I believe Nakamoto would never do that, because Nakamoto created bitcoin for humanity and decentralization. with the aim of changing the world and the economy of the lower people for the better
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imstillthebest
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April 23, 2021, 01:51:36 PM |
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It is more likely that people will also dump if Satoshi suddenly dump all his bitcoin. But if ever Satoshi will annouce that he/she is back and will not sell his bitcoins. Then I think it will become a factor of a sudden increase price of bitcoin.
why will they follow what satoshi are doing . they will loose if they sell because the price were dump by the time satoshi sells . no need to panic and sell if satoshi didnt declare that he sell because he wants to destroy and leave btc but he will buy back and everyone will buy back too because the price is attractive . with the long time satoshi go offline we almost forget this posibility but we are aware that price can dump because whales and institutions can sell .
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ashmodeus
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April 29, 2021, 09:37:00 AM |
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of course he/she still alive , i do not think he/she just death after bitcoin gain popularity , for me, he/she seems have a ambition, ambition to change world financial system works , so then he/she give BTC to the world as a symbol of freedom, and i don't think he/she is a people who loves money, just my opinion.
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Slow death
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April 29, 2021, 09:47:28 AM |
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in both scenario satoshi would not have the power to make bitcoin fall more than 50% of the current price
Maybe we will consider it weak with the 1 million bitcoin it has? The number of bitcoin Satoshi owns is probably greater than the amount the whale owns so it is very possible that if they were all sold, the price would dump dramatically. Previously, we have seen the price of bitcoin can fall by more than 15% in 24 hours without Satoshi's involvement in the market, how is it that we will not see a decrease of more than 50% if that Satoshi is involved? satoshi would not sell on the exchange all bitcoins at once, he would sell in parts and many people would be buying each dip precisely because they would be relieved to know that satoshi could never again destroy the market with his bitcoin, those satoshi bitcoins are a bomb in brain of many people and if he sold it would be a great relief to the market. and I doubt that he would sell everything in one go.
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mbe48
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April 29, 2021, 10:17:01 AM |
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This is just my opinion, even though Satoshi moved his coins or sold them or even lost them, now the one who has full access to Bitcoin is the person who owns the coins. Because Bitcoin was created but nobody controls it. If my statement is missing, please correct it.
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