What will happen if Satoshi moves or sells his Bitcoin?

[Reatim]

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?

I think there will be another effect like whjat this Covid19 pandemic brings last year if Satoshi's Fund transferred or even converted into Fiat.

this is a Must awaited moment so perfect chance for manipulator to shaken the market and try to Bearish the system for their own profit.

Let us be ready and try to Remain still when time comes.

[Zanab247]

What you ever wondered what will happen with Bitcoin once Satoshi moves his/her/their coins to another address on the Blockchain?

There will be a great challenges with bitcoin market, if Satoshi moves all his/her/their coins to  another address on the blockchain. And many bitcoin users will now know the real reality about his or her living and the particular place he/ she  is right now, which it can cause so many things against his or her life. Satoshi cannot move his/ her coins from bitcoin because he or she knew that something bad will definitely happen to the market and user's.

[noorman0]

What I'm curious about is what currency will he choose to dump his/her/they bitcoins? fiat or altcoin?
Why would he sell bitcoins for something else? Does he want to change his current freedom for something controlled?

[cabron]

What I'm curious about is what currency will he choose to dump his/her/they bitcoins? fiat or altcoin?
Why would he sell bitcoins for something else? Does he want to change his current freedom for something controlled?

Fiat probably. The reason will surely outweigh why he will sell all his coin and perhaps request vaccines for a country he loves. It must be a terrible dump of the price of BTC and not only that Satoshi will be known. But I think after the dump there will be no reason now for the fud whether satoshi can dump again or not.

There are tons of altcoins to chose from these days. If you for some reason don't like BTC anymore for you think its not good as an investment anymore then you are free to choose which one.

[Qlimaxaz]

Of course it will be terrible.. we don't know what we will happen.
Actually we don't know anything certain in the cryptoworld.. our money are virtual, a lot of things can happen with them.

The thing is, if you don't risk, you don't win 

[isaac_clarke22]

It is being discussed if he is alive or not. Once that happened, we would already have our answer. About what if he moves or sold his own creation, well we're gonna experience a lot of price rollercoaster for sure. Media will explode and put up that into the news for sure.
I doubt it will happen though. Who knows where Satoshi is now?

[noorman0]

Fiat probably. The reason will surely outweigh why he will sell all his coin and perhaps request vaccines for a country he loves. It must be a terrible dump of the price of BTC and not only that Satoshi will be known. But I think after the dump there will be no reason now for the fud whether satoshi can dump again or not.

There are tons of altcoins to chose from these days. If you for some reason don't like BTC anymore for you think its not good as an investment anymore then you are free to choose which one.

I asked the impossibility of being done by Satoshi, maybe it would make sense if he did it for benevolent purposes. Just hope, he doesn't swap them all at once.

But exchanging into fiat just to secure his wealth is not possible. I understand that he created bitcoin as an alternative means of payment, so there is no way he will break that goal before the mass adoption of bitcoin occurs worldwide.

[Mpamaegbu]

OP, at some point I believe that which we fear will happen. We don't expect Satoshi's 1million Bitcoin hodling to perpetually lie idle in a wallet if he were still alive. I believe there's a price limit he is targeting to sell off. Hopefully, he sells only bits when that time comes, and let that time not be now that Bitcoin is enjoying a jolly ride because that would do a lot of damage to the entire crypto market.

Many people would start tracking him.... 

Of course, he would use a mixer if he were to do so.

I believe that if Satoshi revealed himself the outcome would be terrible.

It would be more terrible for his safety than it would be for the price of Bitcoin.

[Abiky]

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.

No matter what Satoshi does with his/her/their Bitcoin, the community is big enough to make it rise again to its former glory. There are many whales, institutional investors, and average traders on the market constantly buying/selling Bitcoin. If there's a huge dump, prices will quickly rebound until the original threshold is reached. I doubt Satoshi would move his/her/their Bitcoin holdings since it would expose his/her/their identity to the public. Authorities will quickly trace the transaction with the hopes of discovering who Satoshi really is.

That's why for the sake of Bitcoin and the entire crypto/Blockchain space, it's best for Satoshi to remain "dormant" for the foreseeable future. What will happen with Satoshi's stash of Bitcoin in the long run is a mystery. As long as there's a community backing Bitcoin, there should be nothing to worry about. Just my thoughts

[Rehan Zakir]

What are you talking? Satoshi nakamoto. I think if satoshi nakamoto sells its bitcoin then market just takes a correction. Because the bitcoin market now hits 2 trillion $ cap. So, it is not so easy for a single person to collapse the whole market. So, don't worry brother if satoshi nakamoto is selling bitcoin we are always ready for it.

[willoweb]

Obviously, there will be a historical drop in the price of bitcoin, at the same time it will reformat the market - after all, sooner or later, these freed up bitcoins will be bought by someone. Of course, most likely it will not be one person, but it is likely that such an investment can be made by some multibillionaires - so as not to miss the chance to influence the market and its trend. Although I still think that this is unlikely and most likely we will not see it.

[Imran232]

Though it couldn't be happen. Okay then lets think if he sold all bitcoin then all users might not be panic because different people has different reaction. Maybe some people thoughy the creators take exist then it might be going to close very soo. Then they might be exist also. But on the other site some sill take that chance to grab this btc. Because satoshi hold that btc thats why market can't buy sell those. So if some people can grab those then they are the king of bitcoin. And now why it won't be. Take an example elon becomes world richest person because his company runs very well now what do you think will elon quit from this company. No never because he has recognise and emotion too. And the same thing with satoshi. Bitcoin is his creation why he will leave it? Not possible. Its my opinion others could be different.

[pixie85]

What are you talking? Satoshi nakamoto. I think if satoshi nakamoto sells its bitcoin then market just takes a correction. Because the bitcoin market now hits 2 trillion $ cap. So, it is not so easy for a single person to collapse the whole market. So, don't worry brother if satoshi nakamoto is selling bitcoin we are always ready for it.

That's right. Satoshi's coins are such a small fraction of the whole that it wouldn't do much.

Of course nothing like that will ever happen because he would have to be stupid to sell on the market that requires KYC. Suddenly the IRS would have a new nr1 target to pursue
Also he'd only lose by doing so. He'd get less fiat money for his coins because the market would crash severely. It would be a much better idea to simply sell the wallet private key to someone and let that person figure out how to liquidate these coins in their time.

[iTradeChips]

obviously this will cause unstoppable unrest. after all, our belief over the years in the existence of bitcoin is one blood. So if Satoshi did it for the sake of ending the journey of nearly 13 years, it would be a waste, maybe he would kill us in the market and lose all our assets. but instead he will be hunted down by all parties and that involves millions of people.

I really did not expect it, and you certainly do not really agree with it.

Erm, so he sold his coins and the bloke will not be a wanted man for doing this? Hmm, that doesn't sound right if you are going to ask me. For one, how will he be able to sell millions of Bitcoins overnight and get billions of dollars in one full sweep? His wallet share is very big and he will be having a hard time finding buyers that can give him the money that he wants. Unless he just withdraws at least a billion dollars or two out of it. Trust me Bitcoin would still be around in case he sells some of his.

[Ausgewielt]

I don't know the exact amount of bitcoin that satoshi has. If he has more than a million BTC then he can cause bearish market trend anytime he want. I think he is a smart person, in my opinion he will not let his greed control over his mind, it seems that he will not destroy the market only for profit. The potential of bitcoin is greater than we see now.

[Nivia1st]

depending on how much to sell. if there were only hundreds I thought there would be no problem. but if all the btc he has, it will create a scene in the market. it could be that the market crashes and the price of bitcoin falls very deep. there will be a dump not only for bitcoin but all crypto coins will experience it.

[Shasha80]

depending on how much to sell. if there were only hundreds I thought there would be no problem. but if all the btc he has, it will create a scene in the market. it could be that the market crashes and the price of bitcoin falls very deep. there will be a dump not only for bitcoin but all crypto coins will experience it.

I am optimistic that Satoshi Nakamoto will not sell his Bitcoin in large quantities, because he understands that if this is done, there will be panic
selling and making the market crash. Satoshi Nakamoto as the creator of Bitcoin definitely didn't want that to happen. It is very interesting if it is
true that Satoshi Nakamoto sells his Bitcoin, because it indirectly proves that Satoshi Nakamoto is still alive.

[davis196]

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?

If Satoshi comes out of his anonymity and sells all his Bitcoins I would be happy.
First,Satoshi is still alive.
Second,the Bitcoin price will drop,which means cheap Bitcoins for everyone.
Third,the 1M Bitcoins,that Satoshi holds will be re-distributed across multiple small and medium-sized HDOLers,which means that Bitcoin price fluctuations will no longer depend on the decisions of one person.
Anyway,I don't believe that Satoshi Nakamoto is ever going to sell his 1M coins.

[Tomtomwole]

this is going to cause a huge red alert in the market and everything will tank because major holder also will likely sell. thats what happened LTC owner sold some years back. i really hope it dosent happen because satoshi will have had many wallets that is not monitored where he can easily sell if he is still alive of which am sure he is. might be preparing another huge innovation.

[aysg76]

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?

If Sathoshi ever thinks to dump his coin in the market then it could crash Bitcoin market with huge margins and it will require liquidity in the market and buyers to buy at that particular prices.He holds 1 million Bitcoin which value more than $61 billion at average price of $60k in the market.He has not move his coin since 2011 after his disappearance from this forum so we might assume that he did not want to sell his coins and has different motives other than profit staking and make btc global financial tool until he reached his goal.But these are only our assumptions based on past facts but we can't predict future exactly so who knows what Sathoshi is or will be doing in future.Concentrate on your work and be your own king.