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Author Topic: Bitcoin Conspiracy Theories?  (Read 1310 times)
the joint
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January 10, 2012, 02:44:00 AM
 #1

Among all the Bitcoin conspiracy theories, is there one that places Satoshi in the role of the "manipulator?"

It's his brainchild, he wouldn't let the price drop too far, would he?

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Piper67
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January 10, 2012, 02:50:08 AM
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Among all the Bitcoin conspiracy theories, is there one that places Satoshi in the role of the "manipulator?"

It's his brainchild, he wouldn't let the price drop too far, would he?

Or... He would hate the fact that people are speculating and hoping to get rich, so he'd dump thousands of coins from his stash of almost a million.

As with everything else when it comes to Bitcoin, it could be either of two radically different things.
the joint
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January 10, 2012, 02:54:35 AM
 #3

Among all the Bitcoin conspiracy theories, is there one that places Satoshi in the role of the "manipulator?"

It's his brainchild, he wouldn't let the price drop too far, would he?

Or... He would hate the fact that people are speculating and hoping to get rich, so he'd dump thousands of coins from his stash of almost a million.

As with everything else when it comes to Bitcoin, it could be either of two radically different things.

I guess I meant to imply balance in the question.  My question would be phrased with the words "climb too high" if it was the beginning of June.  He would've already gotten rich once, wouldn't you think?

Akemashite Omedetou
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January 10, 2012, 03:00:52 AM
 #4

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It's his brainchild, he wouldn't let the price drop too far, would he?

Well one can speculate eternally, but one thing is certain: this is the man (or group) that has developed a very complex client without almost any support from the outside, and was there keeping it going for almost two years before any real amounts of users really adopted it, and before it was clear to anyone that this thing could really shoot. Imagine spending that much time and not not knowing for two years if it was a waste of time or one of the biggest contributions to the internet community/humanity ever  Wink

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