Do you think Satoshi will ever spend his bitcoins?

[DreadIsBack]

It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country...

[dadaas]

It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country...

I think that it is quite possible that Satoshi is just one person representing some corporation or even government because it is more to see one person in front of some project then some organisation.

[sandykho47]

I think he won't spend his bitcoin
If he sold all Bitcoin he's have, that mean he's think fiat better than bitcoin
and you know what happen if he's all his BTC right 

We don't know who satoshi is really or is he still he alive

[desired_username]

Considering how cautious he/them was/were I don't think he will touch any bitcoins known to be owned by him.

I can imagine that he might have other coins which he actively uses.

[DoubleBEE]

It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country...

I think that it is quite possible that Satoshi is just one person representing some corporation or even government because it is more to see one person in front of some project then some organisation.

I want to believe that it's a single person...but I think that it's a government...

[leex1528]

I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project.


I am guessing it was a group of around 7 people working on it together and I am guessing they all have 0 bitcoins now.  They probably sold them early in the game when they each made a million dollars and left the scene...

[Daniel91]

We don't know who is Satoshi, so we can'0t answer this question, just guess.
Satoshi can be individual, cooperation, government etc. even group of people.
Also, we don't know their goal behind, their true agenda, why they created Bitcoin, and without this we can't know what they will do with Bitcoins.

[bitsmichel]

No I do not think so, because it could reveal his identity - and perhaps people would go after him,  I think he values his anonymity more.

I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project.]I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project.

Many people have been working on Bitcoin since, but version 0.0.1 looks like it's written by one - or at max five people to me. Satoshi was the guy who put all of the ideas (from the mailing list and elsewhere) together

[dadaas]

I just sometimes think that Satoshi is mastermind behind Bitcoin idea but there is much more in background of Bitcoin development. It is quite possible that some strong organisation is behind Bitcoin.

[iluvpie60]

So, do you think Satoshi will ever spend his bitcoins?
You can only answer with Yes or No on the poll. Got it?

This is going to be very interesting to see the results.
The reason there isn't a "maybe" is so that we can get a definite answer.

I don't see the point of her holding that many bitcoins and not spending them. Maybe at some point she will need to pay someone for something or buy someone off who is trying to do bad things.

But honestly she can do whatever she wants.

[iWin]

Why wouldn't he?

If you sat on a million dollars, would you just look at it or buy whatever you want?

[Hiraga]

I hope he will spend his bitcoins on 3rd world countries and to support only the best charities!

[tsoPANos]

I voted for yes.
Satoshi will most likely use his coins.
Why wouldn't he?
Being the creator makes him an early adopteder at the same time.
In fact, he's the first adopter and he devoted so much time in something that he didn't know how will end.
Now he owns hundred of thousands of bitcoins and he is very happy about that.
Personally, I think he'll come back in couple of years.
At that point, bitcoin will be widely used, and buying stuff with bitcoin
would be as easy as buying with fiat.
So, he will USE his coins.
But since when does using bitcoins means exchanging with fiat?
He will just buy stuff. Nothing more.
Also, who knows that Sathoshi isn't already using bitcoin?
We can't be sure we know every Satoshi's wallet address.
He may have a secret 100 btc wallet, and living from it

[lyth0s]

When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.

[dadaas]

I voted for yes.
Satoshi will most likely use his coins.
Why wouldn't he?
Being the creator makes him an early adopteder at the same time.
In fact, he's the first adopter and he devoted so much time in something that he didn't know how will end.
Now he owns hundred of thousands of bitcoins and he is very happy about that.
Personally, I think he'll come back in couple of years.
At that point, bitcoin will be widely used, and buying stuff with bitcoin
would be as easy as buying with fiat.
So, he will USE his coins.
But since when does using bitcoins means exchanging with fiat?
He will just buy stuff. Nothing more.
Also, who knows that Sathoshi isn't already using bitcoin?
We can't be sure we know every Satoshi's wallet address.
He may have a secret 100 btc wallet, and living from it

I have exactly the same opinion about Satoshi and his Bitcoins and I wrote it before, but you've explained it perfectly.

[oblox]

With all eyes on his address, no way those coins are moving. Whether he knows his private key or not doesn't matter at this point... it would do more harm than good the second the 1 million coin balance turns into anything less than a 1 million coin balance. ~$600 billion USD is a lot of money... if he was going to touch that balance, he would have by now. There is a far higher probability of other addresses that have been used or are currently in use.

[giveBTCpls]

He's probably one of the few people that actually does regular Bitcoin use as in buying commodities through it because he has enough BTC to never worry about feeling like an idiot 3 years later because the price went up since he is rich for life already. This is the problem, most people just hold and dont use it as a currency because they are logically scared to use them in fear of lossing a price increase.

[Omikifuse]

Any move in the pre-mined coins = instand crash below the 400 level.

Satoshi surely has many other coins, so it would be a silly move

[dadaas]

Any move in the pre-mined coins = instand crash below the 400 level.

Satoshi surely has many other coins, so it would be a silly move

Why does everyone think so? I'd like some more explanation/opinions about that

[galbros]

That is just so much money, at some point, unless he's lost the private keys, I think the coins will move and be used, sold or given away in some fashion.