Someone on Tiktok said that Bitcoin will go down zero if founder show up!

[swogerino]

I don't think Satoshi will ever show up.If he wanted to show up there have been 12 years to do so but apparently he likes to stay anonymous and we don't know if Satoshi is a person,an entity or even a government.The price can be affected but going to 0 is a bit going to far.

[raji1995naya]

Many individuals will do the same thing, and some deluded individual will proclaim such enormous things without any evidence or simply because he wants to build his subscriber base in order to gain popularity. It has already passed, but even if it were true, bitcoin will not vanish, and it will not cost anything. Mathematically, this is already implausible, because market supply and demand will not change. Bitcoin is a cryptocurrency.

[Twentyonepaylots]

Pretty sure just another attempt to make a controversial claim. It's always better to do your own research instead of relying on other people's opinions for your investment choices. More so people on Tiktok. Might as well believe everything that they put in Wikipedia under the cryptocurrency section if that's going to be the case.

[Momotajul]

don't believe bitcoun go to zero. I believe that when satoshi does a reveal, it will definitely affect the price of bitcoin and i  sure that it will be impossible for bitcoin to fall to zero.

[totaleclipseofthebank]

There are people saying bitcoin will go down to zero and others saying bitcoin will surpass $1 million. Well, in the technology world, information is likely to be easily made up after a few seconds and it is easier if you are an influencers or someone who is famous

To me, Bitcoin will go up. Returning to zero is impossible

[Fredomago]

There are people saying bitcoin will go down to zero and others saying bitcoin will surpass $1 million. Well, in the technology world, information is likely to be easily made up after a few seconds and it is easier if you are an influencers or someone who is famous

To me, Bitcoin will go up. Returning to zero is impossible

That's their job to bring up something and the attention will be there for them, those known personalities who keeps bringing their
own opinions about this market,

They are possibly gained followers and whatever they've dictate those people who trust them simply followed without hesitations.

Better to deal with this with your own knowledge instead of following those people, your own analysis will give you the outcome that you wanted to happen with your investment.

[Woodie]

Bitcoin going to zero how is that possible?

What happens with the lost coins, don't those hold any value to prevent a zero draw down?

And honestly such statements are made to make people to panic sell when in truth btc still has a lot of potential.

[Memminger]

I don't really believe those kind of words for me they are using the creator of Bitcoin to gain attention.
I don't know why knowing the creator would destroy the price I don't see any reason to it.
And people couldn't sleep well because they think too much there are some investors or crypto earners who could sleep peacefully it just depends on how they handle it.

[uneng]

I don't know why knowing the creator would destroy the price I don't see any reason to it.

Depending who is the creator of bitcoin it could discourage investors to keep their money in bitcoin, because it's known Satoshi Nakamoto holds a considerable portion of coins, and if the person behind the nickname is found, there are some chances this person is connected to important corporations, businesses and institutions, what would centralize bitcoin around the elements the creator is involved with, in a kind of conflict of interest.
On the other hand, Satoshi Nakamoto might not be connected to any company or financial world's personalities, not impacting bitcoin negatively like said before, or he might be even dead at this point.

[Mpamaegbu]

I share in Dan Pena's sentiment that revealing who Satoshi is will rattle Bitcoin. However, I don't believe it will get to that point where it gets to zero. No matter what happens, I don't even see Bitcoin hitting that level. Bitcoin is the bedrock of the crypto industry. If anything drastic befalls Bitcoin the entire crypto industry will crumble. Again, come to think of it, there are several cryptos whose creators are known but they're still doing well. The creators of ETH and LTC are well known, yet their prices have remained valuable.

[zanezane]

But this will not happen, so you can continue to calmly trade further.

Well, knowing about this I am pretty sure that people will be eternally worried about that from happening now that someone has voiced out the situation. Plus it won't go down to zero anymore because there are lost coins that has permanently increased the prices.

[dezoel]

Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security.

The truth is that none of these people even knows who Satoshi Nakamoto is, they just come out and start claiming they know who he is, and then they will give excuse that they wouldn't say who it is because of one thing or the other, lol. They are all giving the same excuses all the time, how about they reveal who he is and let's all see what's going to happen? They will never do that, all they do is just making some really dumb statements.

Even if Satoshi Nakamoto should reveal his identity today and prove that he is the one, no matter who he is, the price is not going to fall to zero. Even though we know that he is the founder of bitcoin, that doesn't make the owner, he doesn't control it, Bitcoin is decentralized, so it's still going to continue growing. All these people don't know what they are saying. And moreover Bitcoin has gone really far.

[Anifisochka]

This makes me laugh. Bitcoin is affected by it. But it can not be changed to 0. BTC has been developing for 12 years. It is possible to think about how it can disappear directly after so many years of development.

I think people who think BTC will become zero know nothing about blockchain and cryptocurrency.

[samsul1234]

Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think?

https://vt.tiktok.com/ZSJBP8faQ/

hello sir, in my opinion there is no way bitcoin will become 0 $, because it will be difficult when bitcoin has come this far, if it will go down maybe it can go down by around 60% and it will not be zero

[kaggie]

Bitcoin could drop in price if early investors / Satoshi / Patoshi started to spend their funds.

But it wouldn't go to zero. I'd buy all of it if it were to drop to a dollar! (Ok, maybe ten cents..) And then it would rise again for the same reasons it rose the first time, but even more distributed and more secure.

There are probably 1 million bitcoin that belong to Satoshi. 1 million is 5% of the total bitcoin supply. So, in theory, it shouldn't drop more heavily than that 5%  can affect the market. And that's if Satoshi were to spend it all at once. Satoshi couldn't. It would take time, besides, why would he want to? He might spend a little at a time on more of his dreams.

Quite likely, Satoshi also holds bitcoin from late 2010, which would be more than enough to not alert of his earlier wealth until he was ready for such a thing. And even then, as an idealist, you might imagine he would spend his wealth on other ways to help humanity - hopefully.