Topic: Do you think Satoshi wanted the market to grow that much? (Read 1709 times)
we know that both are the conditions that are happening now in a market, same as Satoshi. Because if the circumstance does not suit him, I think he can change it, and he can do it too.
satoshi just wants to make bitcoin a digital currency that is legitimate to be used as an online payment tool or offline. but now there are many people who use it for investment assets, and in the end satoshi disappeared for that reason. lol 
I think that with his intellect, he could visualize the future and the evolution of money. At the start, he started his own network to mine bitcoin (similar to how mining is controlled by large companies now).
Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...
Well, i think as long as cryptocurrency growing, not only bitcoin but the entire crypto, satoshi will be glad.
Cryptocurrencies basically born because bitcoin exist as the first crypto in the world. If crypto used as a payment system, then satoshi's goal will be reached.
Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...
Bitcoin was introduced in 2009 and SATOSHI NAKAMOTO is the inventor behind the invention but there are assumptions only that he is the inventor as there is no assurity that he is the inventor as no one has met him yet and he used to talk to his investors only on the social networking sites but in my point of view of he exists or ever existed, then he would be very happy with the growth of bitcoin and if I got chance once in my life then I would like to meet him.
He made something special and unrealistic, so wonderful. I think he does not expect to develop so much bitcoin, since he has created this without knowing whether it could explode in the world or not. I think Satoshi wants the market to grow because he calculates the market position that it can grow in the future through electronic money. Because price growth means that people are interested in bitcoin, and its main goal is the spread and growth of the network.
I don't think he wanted it to be like this anyway no one has ever imagined that something like this could happened in the world of block chain. if they knew it all along they would have bought a huge amount of bitcoin in the past. not even satoshi knows that something like this would gonna happen.
It attracts the attention of investors. I think Satoshi really want this market to grow more.
Perhaps before that Satoshi did not think Bitcoin would be as big as it is today. He can surprise about the Bitcoin growth
Every inventor wants for his invention to be used as often as possible and as popular among people as possible. It would be completely normal for him to want Bitcoin to grow and hope for it to one day replace fiat money. It had to be just an experiment for him but since it took off it became much more than that. If Satoshi is alive he watches it closely.
Do you think Satoshi wanted the market to grow that much? So many different companies, ICO's, different opinions etc...
I think that is fairly obvious that he could not think that market would evolve in this way. Or to be more exact, that the tech would evolve in this way.
His vison was for payments using blockchain not for smart contracts and ICOs, I am not saying that smart contracts are bad thing but this would have been extremly hard to predict back in the day. Regarding the market, I think that he did not think that BTC would become such an asset. Lets hope that BTC will become popular payment method for everyday product soon.
Satoshi is a very smart man, he is a visionary but he is not a crazy for fame. So he kept his identity a secret, because he already knew that Bitcoin would be very successful.
if you used bitcoin as a payment, you might loose profit when its price is increased. So i must say that satoshi did not expect this to happen, he did not expect all of this.
But what if the Bitcoin transaction actually brings a lot more profits than HODLing it which is unknown when the price will rise again? If everyone only uses Bitcoin as a means of speculation to get profits with investment as a reason, then how will Bitcoin keep its value other than its speculative value.
I do not think he intended it to be this way when satoshi created bitcoin. And I do not think he imagined it would bloom into this big, this fast. We deviated from the original intentions of bitcoin, but if I am satoshi, I would be very proud. His creation paved way to a new economy and keeps growing and branching out.
if you used bitcoin as a payment, you might loose profit when its price is increased. So i must say that satoshi did not expect this to happen, he did not expect all of this.
I think the Satoshi wont imagine the speed of delopment can grow like that. It is very awesome. He will be very proud of his invention.
I don't know what Satoshi was thinking or expecting at the time, but a visionary like him would think about how much the impact would be, maybe he hoped bigger or even didn't expect the market acceptance would be as good as it is today. Satoshi kept his identity a secret because he already knew what he created would be a big one.
He certainly did not expect that everything would unfold, new activities would appear, for example, participation in bounty campaigns.
A group of individuals set out to change the way we view currencies and how the financial markets operate. There are some innovations, and each of them sets out some important platforms for what we now consider cryptocurrencies. On October 31, things have changed. "Peer-to-Peer Electronic Systems" is the title of the official report. The system in Satoshi's report is, and still, revolutionary because it proposes a way to transact wealth without having to rely on a trusted third party. Some early adopters are inspired by this new system while the majority are more important. In the foreseeable future, we can all agree that Satoshi Nakamoto is a visionary, and that his solution to peer transactions has worked. Bitcoin is created for the free economy where any body can use their currency without third party regulations. I do not think Satoshi wants to develop too much bitcoin to replace fiat money.
I am also think not.
They want create cheap fast and transcontinental payments system, not the speculative instrument
They want create cheap fast and transcontinental payments system, not the speculative instrument
I think Satoshi would like his technology to be used to prevent Bank monopoly and cheap transfers, not to make money on ICO....
I don't think he expected global mass adoption, just a niche crowd of IT users trading with each other. If he knew what would happen he would have improved transaction speeds and lower the transaction fees as well.
I think he'd like that. Because price growth means people are interested in bitcoin, and its main goal was the spread and growth of the network.
Jump to: