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Topic: Do you think Satoshi will ever spend his bitcoins? - page 7. (Read 9416 times)

newbie
Activity: 13
Merit: 0
i think the answer is yes . no one who create what they build and leave it and forget it .
he is not god . just amazing person.
hero member
Activity: 504
Merit: 500
I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never.

It's probably possible he's well to do from other software/coding that hes done previously, and doesn't need them.  That's what I've assumed.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never.
newbie
Activity: 7
Merit: 0
I think he is not interested in it
hero member
Activity: 770
Merit: 500
No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

A species so advanced to have the tech to travel the lightyears to get to us without suffering serious adverse side effects(death from traveling lightspeed), wouldn't need bitcoin. They would be able to vaporize us in an instant.

Also, if Satoshi ever moved any of his bitcoin to spend/sell, that would probably be the collapse of Bitcoin....Price would drop 80%+ in a day from a move like that.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

Mindblown.jpg
hero member
Activity: 686
Merit: 500
yes, when he decides to
newbie
Activity: 45
Merit: 0
No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  
No, I have never considered this. If a species was really this advanced then they could likely do whatever it is that they wanted to do without the trouble of making bitcoin.
sr. member
Activity: 490
Merit: 250
Super Smash Bros. Ultimate Available Now!
No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

Whoa, this is something totally different. I like it Cheesy
full member
Activity: 388
Merit: 101
Bountying for a $100T crypto economy
No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  
hero member
Activity: 1008
Merit: 515
I think he will sell some of his bitcoins once he needs cash. Not that he sells of of 'em, I am just thinking about enough to make a living.
full member
Activity: 238
Merit: 100
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.


If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some...
If he had moved his coins shortly after moving them, then it would still be obvious what his addresses are that he keeps his coins in.

I think he would need to spend them in reverse order that they were mined in (newest first) as the later coins that he mined are less obvious that they were mined by him, causing less of a potential disruption to the market.
full member
Activity: 133
Merit: 100
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.


If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some...
hero member
Activity: 518
Merit: 500
Trust me!
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 think he is going to spend his Bitcoin! I think he sees this as some kind of experiment. Maybe he even decided for himself whether the experiment has already succeeded or whether it has failed. But I don't think he would jeopardize the outcome by interfering in such a way. I could even imagine, that he doesn't even own the keys for those addresses (anymore / has ever owned them)
hero member
Activity: 924
Merit: 1000
No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..
legendary
Activity: 1022
Merit: 1000
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.
sr. member
Activity: 490
Merit: 250
Super Smash Bros. Ultimate Available Now!
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 Smiley
legendary
Activity: 1834
Merit: 1009
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
sr. member
Activity: 322
Merit: 250
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.
legendary
Activity: 1442
Merit: 1018
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.
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