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Topic: Do you think Satoshi will ever spend his bitcoins? (Read 9360 times)

hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
He's holding more than a million Bitcoins and you know what happens to Bitcoin if he massively flushes it out to the market. Bitcoin can return to $ 1000 immediately

It'a funny that you even think satoshi is a real guy who holds bitcoins for himself. No one has seen him and is very likely not a single person or not even real. This has been a common knowledge already for long time crypto people.
newbie
Activity: 17
Merit: 0
He's holding more than a million Bitcoins and you know what happens to Bitcoin if he massively flushes it out to the market. Bitcoin can return to $ 1000 immediately
newbie
Activity: 19
Merit: 0
I hope Satoshi will not be a greedy man and will contribute his money to meaningful things
member
Activity: 546
Merit: 12
To me I don't think so. It'll be very dangerous for the crypto community should that hapen at the wrong time. Especially in situations like this that everyone is wailing over fallen market value, if we see that Satoshi is spending his BTC, a massive panic sell off is likely to occur.
full member
Activity: 280
Merit: 100
As far as I know Satoshi seems to be a type of personality that he don't need a lot of money to have, he somehow is similar to Mavrodi, who has a billions of dollars but lives as a regular person.
hero member
Activity: 770
Merit: 501
Perhaps he is no longer alive, perhaps Satoshi is just a nickname of a group of people, perhaps the keys to the wallet have been lost a long time ago. But more likely, a person or people that hide under the nickname of Satoshi are sure that bitcoin will rise above its last peak
member
Activity: 532
Merit: 15
he can spend them anonymously, no need to come in front of the whole world claiming his/her/their identity.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
Satoshi can spend any amount of bitcoins he/they want because he/they have the riches in crypto already. Being the creator of bitcoin, i don't think he/they don't have the largest amount of bitcoin holdings on their wallet so whether he/they spend his/their bitcoin is just a small thing for him/them.
member
Activity: 616
Merit: 30
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.
as of this days?i guess theres no one cares about wt he did to the bitcoins he owned,since almost all the bitcoin has been mined now and fewer remains under mining,but whats important is what satoshi gave us,about this forum and the technology things that we will be thankful the rest of our life and so as our childrenss and grandchildrens
newbie
Activity: 25
Merit: 0
i think he will never do this because he would hurt his own invention. maybe he destroyed the keys of the early mined btc.
hero member
Activity: 1190
Merit: 534
As far as my assumption is concerned, I believe that Satoshi is looking for much more than money. It is something that will make him immortal if things work out as per his vision for the world. Yes, it is definitely difficult to answer because no one knows the reality of Satoshi. However, at some point, he will definitely spend or do something with his wallet. Maybe he is waiting for a perfect time and we still have a long way to go for it.
newbie
Activity: 98
Merit: 0
I think bitcoin will be he satoshi spend like the coin he is aiming to create him to spend and trade so he will spend it and trade it as his national currency and bee will use it as the investor used it
full member
Activity: 490
Merit: 100
If Satoshi is still alive, he will never do that. You can easily tell that the guy is a man of principle just by learning on how he envisioned bitcoin. How he wanted bitcoin to help us and our economy. Satoshi donating all his bitcoin would be much more rational.
newbie
Activity: 168
Merit: 0
I cant say yes or no because we dont even know or believe if the satoshi, creator of bitcoin is still alive or not..... No one has ever proved if he is still alive now...
newbie
Activity: 25
Merit: 0
I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
I don't think satoshi will even reveal himself... Cool Cool
newbie
Activity: 56
Merit: 0
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.
[/quote/]

Yes, i think he is spending some btc, but may be he do some fiction transactions.
hero member
Activity: 988
Merit: 1000

Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. 

No, he would not have.  Are you sure you understand how Bitcoin works?
If he were to receive the $50 then he would need to give up his identity. He could transmit the TX to the other person via TOR and keep his IP address secret from the rest of the network but if he wanted to receive the fiat from the other person then the other person would need to know where to send the money.

Well, that's a good point.
Exactly. You can only keep your identity secret if you are dealing with a TX that is done 100% online and via a VPN/TOR. Once any part of your transaction involves anything that is not online (including sending fiat to someone, or shipping of some goods) then the other person must know your identity and this person could potentially leak your identity to the entire world.
newbie
Activity: 28
Merit: 0
legendary
Activity: 1708
Merit: 1007

Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. 

No, he would not have.  Are you sure you understand how Bitcoin works?
If he were to receive the $50 then he would need to give up his identity. He could transmit the TX to the other person via TOR and keep his IP address secret from the rest of the network but if he wanted to receive the fiat from the other person then the other person would need to know where to send the money.

Well, that's a good point.
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