Do you think Satoshi will ever spend his bitcoins?

[BowieMan]

maybe but i think he won't move first 10k block of bitcoin
are there anyone here watch / monitor some satoshi blocks of bitcoin?
if anyone notice that, bitcoin market will respond it with huge dumps

I'm sure people are monitoring those addresses. I mean the first addresses Satoshi mined with are pretty well known. I guess people even send some Satoshis ( no pun intended) to those addresses with messages attached

[Abdussamad]

Remember that post on ning earlier in the year when the whole dorian nakamoto saga was going on? It looks like the real satoshi is both alive and well and keeps up to date with what's going on with his invention. So I think he will cash out when he feels the time is right. I hope he does it gradually or the price will crash!

Another possibility is that the "real satoshi" is actually a sovereign state and their holdings will be converted into a reserve of some sort. Will be quite ironic if a government has Bitcoin by the short and curlies!

[Possum577]

To create a new currency, own a significant amount of that currency, and then not conduct any transactions in that currency seems at most very hypocritical and at least very anticlimactic.

It's like Al Gore never using the internet!  

Is there anyway to confirm whether Satoshi has spent in BTC? All transactions are anonymous so unless he/she comes out and admits it the world will never know, which is quite cool. Or, how do ppl know what his addresses could be? It would be silly for him/her to create this wealth and then have to continue to work some regular job to pay the bills.

[Abdussamad]

Is there anyway to confirm whether Satoshi has spent in BTC? All transactions are anonymous so unless he/she comes out and admits it the world will never know

We'll know if the price takes a sudden dive. He is rumoured to control at least a million btc.

[Kprawn]

He would be crazy to touch it. The NSA / CIA / FBI / Mafia / NASA / IRS and the rest of the alphabet is watching those coins like a hawk.

Each of them, having their own agenda to ID him. 

Best thing, would be, to dump those coins into charities and upcoming BTC business and let them chase down all the coins. 

[BitcoinMillionaire]

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.

Ha, the guy who invented this awesome currency??? Nahhh, I don't know... I guess he's one of those ultra-smart geeks or nerds that don't get off of money or women and stuff. But I'd like to invite him one day so I can show him a good time, if you know what I mean, hahah!

[mrcashking]

I think he will spend some. Just not until it goes mainstream. Hopefully not too much though. Or he will scare the whole bit economy. Another theory that satoshi doesnt exist or he was hired as a techy to develop it and thats just a government wallet.

[BitCoinDream]

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.

Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M.

I have a statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

[dadaas]

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.

Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M.

I have a statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

I don't think that rise will be so strong. Even the most of 2014 price hasn't been that close to 1k$

[mrcashking]

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.

Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M.

I have a statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Cool Everyone here would be rich if that happened. You're very optimistic.

[Velkro]

i wish he deliberately send his bitcoins to void since start of mining
that would be better for bitcoin

[Cranky4u]

he could just skim US$250k in fiat per year from his BTC accounts and no-one would ever notice.

[keithers]

I'm sure he will have to spend some of them at some point, right?   I mean unless he is already wealthy enough to not need any supplemental income to what he does for a living...

Just coming up with the concept and then rolling it out must have taken up so much of his (or their) time...hard to believe that he (or they) have another fully successful living that they were doing simultaneously...

[roslinpl]

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.

Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M.

I have a statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

I love this one Very very Bullish - in my style =]

But "It requires 1BTC = $1M" - sounds like Satoshi will be not able to live so long

I don't think your calculations are correct.

Btw. I think Satoshi will one day move his coins - dunno what he will do with them but he should do something such a waste if those coins will be never spent.

[wasserman99]

he could just skim US$250k in fiat per year from his BTC accounts and no-one would ever notice.

I think people would notice that. 250k US$ would come out to roughly 415 BTC per year @ $600 per BTC. That means that he would need to move coins from at least 9 addresses that he used to mine to (assuming each address has 50 BTC each) that he controls. If he were to use his newer addresses that he used first then it would be likely that the public would not know for sure that it was him but the public would know that a very early adopter was cashing out/moving their coins. Eventually he would need to move coins from addresses that is much more obvious are controlled by him.

For the OP: I think there is a good chance that he may cash out at one point, but this really depends on his financial situation, if he is otherwise well off then he may not need to cash out, but may rather decide to leave his bitcoin to his children (his children selling bitcoin after his death would likely have less of an impact on the market then him selling). 

[Kayex]

No.
Satoshi never spent his bitcoins in the past.
Why would he bother spending them now?

Ofc he can reap in all the rewards, but he doesn't want to do anything anymore with BTC.
Or does he?   

[iCEBREAKER]

At some point, those coins will be spent/moved. But I don't think that will be for a long long time.

SatoshiCoin movement is a Black Swan level event.

I don't think it will happen before the end of petrodollar hegemony.

When the dollar capitulates to economic reality and loses reserve currency status, the time will have come for Satoshi to buy New Zealand's South Island and rename it Libertopia.  Perhaps He may also buy a few nice spots in the Med (IE Cyprus, Sicily, and Corfu) from their insolvent Imperial masters to function as North Libertopia.

[Dabs]

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Basically, buy and hold for three years as much BTC as you can. It's not unreasonable to think that the value will even just merely double or triple in the next three years, if the past three years is any indication. Perhaps it won't go to 1M USD, but it's within reach to hit 1K USD again.

[Abdussamad]

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Basically, buy and hold for three years as much BTC as you can. It's not unreasonable to think that the value will even just merely double or triple in the next three years, if the past three years is any indication. Perhaps it won't go to 1M USD, but it's within reach to hit 1K USD again.

1k is almost certain. But we aren't in it for just 1k right? We want 10k!

[Icardi09]

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've joined. and I see the difference in voting is very thin, 49.7%) and 50.3%