How Will It Affect The Bitcoin Price, If Satoshi Tell The Truth ?

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

There is no secret in bitcoin. Huh

It is open source and all code is available. Which is why we like open source software. If Satoshi chose to reveal him/herself, it would not change anything about how bitcoin functions. I think it would be foolish to re-value coins based on Satoshi.

xuan87

legendary

Activity: 1666

Merit: 1001

I think if Satoshi show up and tell the story how he created bitcoin and what is the purpose of bitcoin, it will bring a huge publication for bitcoin and Satoshi can inspired other person to create a better technology payment, bitcoin price of course will raise if Satoshi can convince the investor to take part in the digital currencies

requester

sr. member

Activity: 280

Merit: 250

i guess its going to affect lot because many people fear to use bitcoin because people thinks that whether its safe or not, who is the owner, who controls it, how it is controlled so all this question answer will come out and people will get to know the truth

Xester

hero member

Activity: 994

Merit: 544

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

His voice will no longer affect the price of bitcoin. Satoshi Nakamoto is missing for how many years since bitcoins inception and the masses have already conditioned themselves on bitcoin without Satoshi. And thats why Satoshis presence will not affect them nor they will mind him. We dont get anything at all even if he shows up, we are thankful for him creating bitcoins, but there is no more room for satoshi except is he will make a miracle on the problem mining issues and long confirmations.

SHAWN-MIDWAYS

hero member

Activity: 686

Merit: 521

Satoshi coming out of oblivion might bring back his expertise in what he created and investors will not hesitate to pump in their money, and a possibility of him circulating some of his bitcoins into the market to stimulate demand.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: BrewMaster on February 15, 2017, 09:26:13 AM

what i am starting to wonder is how many more of these topics you are going to make to start some new pointless argument about "satoshi"?

https://bitcointalksearch.org/topic/mystery-of-satoshi-nakamoto-cannot-be-revealed-1788730
https://bitcointalksearch.org/topic/blockchain-bag-of-satoshi-nakamoto-1787026
https://bitcointalksearch.org/topic/bitcoin-song-by-satoshi-nakamoto-1784958
https://bitcointalksearch.org/topic/--1782892
https://bitcointalksearch.org/topic/ask-satoshi-any-questions-1780748
https://bitcointalksearch.org/topic/i-am-not-anonymous-am-i-1774986

this one makes it 7!

Just 7? I think you missed the one's moved in archive or off topic section. Look's like no one else noticed your comment and people are just continuing to spam this topic, OP should lock it immediately. If he doesn't do that, post will be moved to off topic section, where belongs.
I doubt this is the last topic about Satoshi Nakamoto, this will number 1 conspiracy theory in modern times, and this topic will draw attention for a long time.

Edit: I see that my post is also ignored..

Jannn

hero member

Activity: 1120

Merit: 502

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

I don't think Bitcoin have a mysterious truth that hidden to the public.
And we didn't know even the true identity of Satoshi Nakamoto.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

From where I stand, I dont see any way how it will affects and even if it will, it will just be mild and wont even create unnecessary tension that are likely to surround that and the reasons from my end is because bitcoin today has grown to a level where the people exposed to it in the earlier years cannot envisaged as at the time. Another is that even if he comes out, quite a number of respected personality in this crypto-world will still cast doubt on the authenticity of his claim and the time to do this will reduce the impact it would have had in the first place.

Juggy777

hero member

Activity: 2646

Merit: 686

What truth do you want him to say op. There is no truth left for people to find except his identity may create a wave for the Bitcoin but apart from that there nothing for him to say, or except if he decides to make his coins private. What exactly do you want him to say that changes the fate if Bitcoins. I really don't think you really have a clue about Bitcoins do you, and of all threads targeting his identity now you want to target his words. Research more about Bitcoins, there more to it then satoshi word. Look at the current price, research on it. And since you are speculating, it belongs in speculation board. Also if you understand lock this thread

Yates

newbie

Activity: 25

Merit: 0

There is nothing that is hidden about the blockchain and bitcoin. Only thing hidden is that who is satoshi, and if he reveals himself then I don't think there would be any big impact on the price of bitcoin.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: Catmony on February 20, 2017, 08:52:35 AM

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.

But why? what's the reason behind your statement that said if satoshi reveals himself then the price will be hardly dumped? how if the thing goes the opposite and bitcoin hardly pumped?
Your statement that saying the price will be dumped is just unreasonable and pure speculation.
The price indeed could decreasing, but only if satoshi does something which may really affect bitcoin as a whole such as selling his bitcoin at a sudden.

monsanto

legendary

Activity: 1241

Merit: 1005

..like bright metal on a sullen ground.

Well, it will depend on who he is. If it's some scam artist yeah I'd think that would hurt the price. If it's a guy who devoted his life to his dream of decentralized digital money then it won't be as bad. Nevertheless he/they are human and so part of it his motivation was probably the possibility that they could get very rich. And the mans got phat stacks to the moon now. I'm sure he's sold a lot of what he mined in secret, but 5-10% remains unmoved. And I don't buy at all that those keys were lost. So people would ask him about that and what his plans are, etc, since he could move the market very easily. He's the ultimate whale. If a Brontosaurus had sex with a blue whale and gave birth to a btc trader it would be him.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: ABCbits on February 15, 2017, 09:06:46 AM

There's no mysterious truth about Bitcoin and Blockchain technology because it's open source unless we comprehend about bitcoin and blockchain differently with Satoshi's mind or Satoshi have something that Satoshi haven't implanted or add into Bitcoin before he dissipated.
If it's true, it will affect bitcoin price depends on how shocking the truth and if it's good/bad for bitcoin and our economic.

As what you said, the blockchain technology is open source, so it is very clear that we already have all we need to judge if this technology is legitimate or not, and for many years, we have seen how bitcoin has grown and continue growing. Therefore, even if satoshi will appear, it will not change how the market is moving but it will be good for the community since the inventor is not anonymous anymore. Actually. I think God made the blockchain.

carlerha

hero member

Activity: 588

Merit: 500

Quote from: Slow death on February 20, 2017, 09:07:49 AM

Quote from: Catmony on February 20, 2017, 08:52:35 AM

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

If someone just prove himself as satoshi nakamoto by signing a message with bitcoin address that are supposed to be of satoshi, it will be enough to create so much panic in the market which may lead to massive price dump due to fear.

depending on the disclosures that satoshi Make many governments will seize the opportunity to ban bitcoin and may even start making prisons for bitcoin users

Bitcoin benefits greatly from the anonymity of satoshi

what are you talking about? what kind of truth? i do not think that there is any thing hidden in bitcoin, bitcoin is very clear and will always remain clear. i do not think that there will be any effect on the price of bitcoin.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

What would satoshi would tell about the truth? On what thing? Just like been mentioned by other bitcoin is an open source also with blockchain and theres nothing below it does could able to mean to manipulate bitcoin or any other thing that would compromise its current price.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

There is nothing hidden or mysterious. Everything with the technology is open to the public. Each and everyone who make a detailed study easily knows about it. Also he didn't made it to be a secret, from the early days he discussed with several people to make it the best. So revealing himself or something about the technology is not gonna make some changes in the price.

btcdiggingmaster

hero member

Activity: 644

Merit: 500

Transact Safer / Chase Better

Today we are happy with bitcoin and making some money with it. Even we don't know who is fielding the farms but still we are eating, Even we don't know who stitches our clothes but still we are wearing it. We don't know actual person who is behind all these but we are using and making money. Once he open's to media governments will keep him in jail, so it is not good to people who believe in bitcoins.

bamboylee

hero member

Activity: 1148

Merit: 504

The media already know bitcoin and all the truth you need to know about bitcoin is in its source code which is publicly available.

Since you are close buddy with satoshi, why not just tell us the secret and we will decide what will be the effect on the market?

Capradina

hero member

Activity: 756

Merit: 520

Quote from: IamNotAnonymous on February 15, 2017, 07:53:16 AM

If Satoshi Nakamoto tell the mysterious truth about his Bitcoin and Blockchain invention and all the secrets to the media, how will it affect the Bitcoin Price ?

I think it also depends how satoshi nakamoto said, because any information that happens it has 2 sides (bad and good). where any good information will definitely make the higher price bitcoin, and so did the bad information that is going to make the price of the bitcoin down. Bitcoin is simply an investment in which I use it for the long term and I am confident that the investment will make me gain wealth in the right time

szpalata

sr. member

Activity: 686

Merit: 253

It will change nothing if he talks apart from maybe a hype where a lot of people will get to know Bitcoin and come on board. Besides everything about Bitcoin is known and there's no secret mystery to be told. His anonymity will be the marvel of the media and why he did that.

Topic: How Will It Affect The Bitcoin Price, If Satoshi Tell The Truth ? (Read 1865 times)