If satoshi shows he has still controll of all of his coins what would happen ?

[testingelcrypto]

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

[Synchronice]

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

We don't know what will happen but there will be a chaos, for sure. As far as I know, it's estimated that he owns up to 1.1 million BTC. There are 19 million bitcoins in circulation. Satoshi owns more than 5% of bitcoins that are in circulation. As far as I know, no private or public company owns as much as Satoshi owns, no other individual and organization owns that much too. Now, imagine, tomorrow comes satoshi with one million bitcoins, what will happen? Panic, absolutely every bitcoin holder will be in panic, every business owner and employees will be in panic because it's the situation that no one has thought about and no one has a plan to deal with it. It's a shock.

[Upgrade00]

You don't move coins by mistake.

If Satoshi does move his coins, the result on the market will depend on if he is transferring from one cold storage to another or if he's moving them to an exchange wallet which suggests the intention of wanting to sell.

All of the whale alert accounts would being hysteria as well as blogs too, and there would be speculations of if Satoshi wants to come out of anonymity.
If there is no more movement from the account, the crypto community would move on after a week or two.

[The Cryptovator]

The question is, why would Satoshi Nakamoto make such mistakes? Has he made similar mistakes previously? Can't he move his holding consciously? Whatever the way he moves his coins, the market will shake. I feel the market will move positively because investors will start believing Satoshi Nakamoto is still alive. The crypto community would be crazy to accumulate Bitcoin and think there may be something cooking behind the scenes. But it's just an assumption; it is unpredictable.

[jrrsparkles]

Let's assume he moves his coins intentionally then the first thing I can imagine is the shockwave created all around the world both positive and negative news will be the talk of the world on that day which could bring more attention to Bitcoin than ever because Satoshi comes back from hibernation more than a decade.

Market impact depends on how the coins are used, if it's for selling then it could create a domino effect and the crash we never imagined will occur.

[ChiBitCTy]

I don't care what anyone says, I am certain in the belief that Satoshi knew form day one exactly what he was going to do and how he was going to do it in terms of creating/setting up that wallet and then never moving coins out of it.  So I don't think theres any chance that we ever see him come back again.  It would be great of course as bitcoin needs help IMO. 

[suzanne5223]

If Satoshi moves his Bitcoins it comes with advantages and disadvantages. The advantage is that the market will experience more traffic and attention. The disadvantage is the market will experience an increase in volatility, and the BTC haters will find a means to trace him so they can file unnecessary accusations and lawsuits. Assuming, the BTC was moved to an exchange wallet. This will lead to huge panic and possible changes in BTC development.

Maybe this is what an anonymous user who sent 26.9 BTC to Satoshi's wallet from Binance on the 5th Jan 2024 wants to see maybe it will happen cause he/she can use the BTC to help the people in need.

[kaka_Shipai]

With the worth of Bitcoin being held by Satoshi, as soon as it is realized that he is active again, the market will crash. With so much worth of bitcoin in a single person's control, the market will shake very badly and alot of selling will take place. Because people will believe that a big selling is about to happen, causing a big bear market, so to avoid it, alot of selling will take place causing a lot of panic and a big bear market.

[criptoevangelista]

The worst that would happen was the price would fall due to the large volume of coins. But who would Satoshi sell to? This would end your anonymity and the market would absorb its sale.

Satoshi has no control over the market or bitcoin, it was created for this, bitcoin is social scalability, only the community has control.

[carlfebz2]

You don't move coins by mistake.

If Satoshi does move his coins, the result on the market will depend on if he is transferring from one cold storage to another or if he's moving them to an exchange wallet which suggests the intention of wanting to sell.

All of the whale alert accounts would being hysteria as well as blogs too, and there would be speculations of if Satoshi wants to come out of anonymity.
If there is no more movement from the account, the crypto community would move on after a week or two.

Yes,even on a single transaction from those known wallet of Satoshi is really that highly been monitored for any movements. On the time that it would really be making out such movement then it wont really be shocking that if ever there would really be those movement then the community or even the whole crypto space would really be creating those kind of assumptions at the same time to be that happy
or optimistic knowing that Satoshi is alive at the same time that tons of people would really be having those kind of fear that it would really be the cause of the huge dump into this market.

There's no way that we could be able to know on what would happen in this particular moments or time but pretty much sure that the masses would really be having those common reaction
of things that they do have in mind. It is really just that impossible that people couldnt really be able to determine on what are those probabilities.
For me, then fear is there on which holding a million BTC coins then it would be able to dump the market so hard.

[Ndabagi01]

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

This will be the most chaotic event since Bitcoin's inception and Satoshi Nakamoto's disappearance. The market will be in turmoil because people will be concerned about what will happen to bitcoin after that. Many thoughts will arise that will cause fear, potentially resulting in a market crash. The bitcoin in that wallet serves a purpose, and if that purpose is altered, we can only imagine what the future of bitcoin will be.

I don't care what anyone says, I am certain in the belief that Satoshi knew form day one exactly what he was going to do and how he was going to do it in terms of creating/setting up that wallet and then never moving coins out of it.  So I don't think theres any chance that we ever see him come back again.  It would be great of course as bitcoin needs help IMO. 

What kind of assistance do you believe bitcoin requires now? And does Satoshi Nakamoto's reappearance solve the problem Bitcoin is facing? His anonymity has also contributed to bitcoin's success, as it remains decentralised and has not been compromised by anyone to date.

[btc78]

I think a lot of people would turn their heads and be interested

It could go both ways it could make people believe more in bitcoin and put their trust into it making the price increase on the other hand it could also do some damage to the market if satoshi moves his coins people might assume that there is something to happen which would make them take out their coins

[Cookdata]

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Is there anything like mistake? I mean someone will enter his wallet seed phrase or private keys and then try to send Bitcoin from the original wallet to another, he didn't realize he is doing a mistake, he went ahead to sign the transaction and after all that, he mistakenly broadcasted the transaction hash on the Bitcoin boded to be propagated from one node to another, no my friend that can't be a mistake but intentional mistake and purpose.

If Satoshi sent his Bitcoin from wallet to another, that shouldn't be a cause for panic after all we have seen how institutional investors are moving bitcoin from one wallet to another, some of them move them most often to Coin base for sells, some are been move from wallet to another to sell but this are over the counter (OTC) sales and you don't know it's Bitcoin they are selling. So, it's nothing to be serious about and I doubt if Satoshi will even send to centralized exchanges, it can't happen and people will hardly notice if sell is going on.

By the way, didn't team unlock shitcoins everyday and sells and nothing happen to the projects? Is Bitcoin that is only the problem here. Millions of tokens are been unlock on coins that are having low liquidity than Bitcoin and nothing happened but people panic over nothing when old wallets moves bitcoin from one wallet to another.

[Cantsay]

But who would Satoshi sell to?

Thousands of people that want to buy bitcoin.

This would end your anonymity and the market would absorb its sale.

How will satoshi moving his coin affect your anonymity? I don’t even see how both of them relates – likely the first post stated the only identity that could be at the risk of being revealed is that of satoshi himself – but there are ways he could move them before he trades them without being exposed.

[franky1]

if it causes market chaos, of idiots panic selling.. remember once sold their panic session is gone
once your out, your out

in short, temporary discount session to accumulate more cheap coins

the only true panic should be a coding bug that messes with mining blocks/creating blocks that cause long term break in bitcoin functionality

everything else is just discount opportunities to accumulate more coins cheaply

for instance grayscale held 640k coins for years, the are now selling(have ~550k left), enjoy the discount

[bobbybkk]

Maybe Satoshi sold his bitcoins already.... and nobody noticed.....

There is currently another thread about Saudi Arabia maybe buying 1 Million Bitcoins.

What if Satoshi just meets with the guys from Saudi Arabia with a bunch of lawyers and Satoshi hands over all private keys to his wallets and Saudi Arabia hands over the payment in whatever form.

In the Blockchain you would see nothing, no change... and no panic affecting the price of Bitcoin...

Just saying

________________________

Just thinking of it: with Bitcoin you cannot reverse a transaction if you send the coins.  So if I want to pay for example 1 bitcoin and do a payment through the network I have delays and fees.  If I send a private key to wallet containing 1 bitcoin I pay no fee at all and there is no record of the transaction......the risk is the same, bitcoin is gone with both ways,,,,

[Stepstowealth]

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Moving his coins will not be by mistake, and it will raise a lot of attention because people will be trying to understand why the coins are being moved, It will raise a lot of questions like; Could this be the sign of something bad about to happen to bitcoins like maybe it is about to fail?
But I am also thinking, since Satoshi cannot or would not move any coins he has because of the kind of attention it will raise, what is the plan exactly? How does he profit from all this? and how is he coping with creating something that he cannot financially benefit from without raising attention?

[Dr.Bitcoin_Strange]

OP, if Satoshi moves his coins to a different wallet, which maybe he is just trying to prove to the community that he still has access to his coins, nothing will happen; it will only cause some FUD, and the large community will also talk about it for probably a week or more, after which everyone will forget about it, and it can only be referenced if there is any need to do that.

[hatshepsut93]

There would be a sharp short-term drop, but providing there would be no developments - no actual selling by Satoshi, no statements by Satoshi, etc. - then the market would quickly recover and move on. Most likely people will be speculating whether those coins actually belong to Satoshi or some another early user, because it's not like there's a long list of addresses that are definitely 100% belong to Satoshi.

[Assface16678]

If he has control over the coin bitcoin, then bitcoin will never be as it was. I mean, its current price. I don't think that it will reach this point because bitcoin has gone through its current price because no one controls it, maybe us or whales, but it is not like we could change the market every time we want without sacrificing anything. And imagine if Satoshi can manipulate the price of bitcoin, then many investors will get out of investing in bitcoin, or worst case scenario, there will be no investors at all. In short, complete chaos will ensue; bitcoin will never be as we know it now if it is being controlled by even the creators themselves. But from what we are seeing Satoshi or other creators of bitcoin are silent, maybe for a particular reason, but one thing I'm sure of is that they are letting us investors do what we want with bitcoin; simply put, bitcoin is freedom in the financial aspect.