If satoshi shows he has still controll of all of his coins what would happen ? - page 2.

criptoevangelista

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Quote from: NotATether on January 25, 2024, 08:01:56 AM

Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Satoshi is probably dead so that will not happen.

I also think he is dead, I still believe that Satoshi is Hall Finney.

Even if they say that story about the email and transactions during Hal's race, he could very well have instructed someone in the family to do that to mislead about his real identity.

m2017

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

This will definitely cause panic. Weak hands will begin to get rid of bitcoin, as happens with any event in the cryptomarket, which will lead to a short-term drop in value. Strong hands will continue to hold bitcoin in their wallets and, taking advantage of the weakness of others, will buy up bitcoin on the cheap. The rule: the poor get poorer and the rich get richer works here too.

If you are afraid of an immediate (complete collapse) of bitcoin, then this will not happen. The cryptomarket will regulate itself. Bitcoin is strong enough to “not notice” the movement of these coins.

A magic crystal ball told me this.

DapanasFruit

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

I guess nothing can happen except if he will be converting his holding to cash in the many exchanges that we have right now. Now, having said that, I think a big news like this can even be helping Bitcoin as people will now see the man behind the Bitcoin and maybe can also provide the leadership and guidance sorely needed. Of course, this is just my personal opinion and I could not predict the future in any way. However, this can be just a wishful thinking as nobody can be sure if Satoshi Nakamoto is still alive and if he was a real person in the first place.

NotATether

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Satoshi is probably dead so that will not happen.

peter0425

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Quote from: Promocodeudo on January 25, 2024, 07:46:20 AM

Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Op, in as much as I like your assumption and this your assumed question has put a high thought of reasoning in many of us here, I don't think that will ever happen, even though he is the inventor, people has been fully involved now and this coin we are talking about is been controlled by market force, when we talk about market force, it is we the individuals that push the market, that's to say without you and me bitcoin would have not gather such a momentum we are seeing now, Satoshi can not think towards that direction because he has never done it before, so why now that his invention is in the lead.

Sorry but do you really know what the topic says? it is not about Satoshi will move the market but we are talking about the Funds of satoshi if being moved then what will be the market reaction though it is impossible that it will be moving mistakenly lol.

Quote from: Natsuu on January 25, 2024, 07:19:00 AM

If Satoshi suddenly moves his bitcoins, i think it will be like a bomb going off in the crypto world. People would freak out and start guessing why. If he sells them, Bitcoin's price might take a hit temporarily. Even if he just moves them without selling, it would still create chaos and uncertainty in the market. It's a big deal because Satoshi is like a ghost in the crypto world and any move he makes would make waves

but that will be temporary mate and it is not be Bomb but will be the next to move the market from on and off , and actually that is something will wake up more people to listen about the bitcoin and surely the beginning of the biggest growth.

Promocodeudo

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Op, in as much as I like your assumption and this your assumed question has put a high thought of reasoning in many of us here, I don't think that will ever happen, even though he is the inventor, people has been fully involved now and this coin we are talking about is been controlled by market force, when we talk about market force, it is we the individuals that push the market, that's to say without you and me bitcoin would have not gather such a momentum we are seeing now, Satoshi can not think towards that direction because he has never done it before, so why now that his invention is in the lead.

rodskee

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Quote from: highalch on January 25, 2024, 03:46:40 AM

Even if Satoshi sells 1M BTC, the maximum possible supply is still 21M, and everyone around the globe still agrees on the same bitcoin software and rules.

It caused a small turbulence, sure, but the existence of the network wouldn't depend on it.

You said it right mate , that is completely what will happen because the effect will be temporary
and indeed that it will be small movement as the supply is really smaller than that 21 million as there are so
much floating in the air that cannot be retrieve so the value will keep growing year after year , not unless
upon moving the wallet the bitcoin will be sold and converted into dollar because from that surely there is
something happening inside and alarming to all of us.

Natsuu

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If Satoshi suddenly moves his bitcoins, i think it will be like a bomb going off in the crypto world. People would freak out and start guessing why. If he sells them, Bitcoin's price might take a hit temporarily. Even if he just moves them without selling, it would still create chaos and uncertainty in the market. It's a big deal because Satoshi is like a ghost in the crypto world and any move he makes would make waves

KiaKia

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We really can't say until this happens for real, there is two possibility here.

1. There will be panic because people will react to this numbers of Bitcoin, 1 million Bitcoin is not a joke, this can make people to panic sell their bags, thinking that Satoshi might start dumping.

2. There will be good reaction, like Hurray! Satoshi Nakamoto is alive all along, market can react positively to this news and Bitcoin price action won't even care what Satoshi will do next with his Bitcoin bag.

But let's not forget that even if this person might sell their one million Bitcoin, it's not comparable to the max supply of all Bitcoin, that's 21 million, it can cause some massive negative reaction but not for long.

ElDalmatino

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What a funny post, after reading 80% are talking how a man or woman, who has create a unique thing like BITCOIN, has no right's to move his coins because it would be panic.

If and only if it will ever happend, maybe a Lost BTC Hunter find some of his coins or somebody else, if he Satoshi move his coins, no matter who move no matter who's coins ... has the right, why, you have the key ... you have the btc.

And if the system collaps after such a movement, than the sytem has never had trust from his Users.

Who cares if somebody move Billions of dollars or euros. Nobody. But the also funny thing is ... Bitcoin is the most, tracked payment system ... every movement is analysed, and monitored, best example is Old Adresses have Dormant Charts ... nothing else to say.

Venik

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No one knows. I can only assume that it will make huge impact on the price, but I don't know if it would be positive or negative.

highalch

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Even if Satoshi sells 1M BTC, the maximum possible supply is still 21M, and everyone around the globe still agrees on the same bitcoin software and rules.

It caused a small turbulence, sure, but the existence of the network wouldn't depend on it.

Sebas.tian

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Quote from: testingelcrypto

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

I don't think, Satoshi will make such mistakes to move his coins to another wallet but if such thing happen to such coins show that two things involve either he or she is trying to prove to people that he or she still remain the owner of the coins or maybe someone hack the account which we know that it will be difficult for those things to happen to Satoshi coins. If anyone told you that Satoshi is coming back to move his or her coins from the market to collapse, I will advice you not to listen to such fake information that will never come to reality. If you are holding your coins right now in your wallet, you don't have anything to worry about if Satoshi will remove his or her coins or not, just be patience with your holding so that you will test the potential of what you are holding.

davis196

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

Moving his coins "by mistake"? What does that mean? Do you move your own coins "by mistake"? Grin

Why didn't Satoshi move his coins back in 2021-2022, when the BTC price was around 59K? Does he even care about making money out of Bitcoin? Is he even alive? So many questions and no answers. The discussion about "what would happen, if Satoshi appears out of nowhere?" is pretty much pointless at this point, but random forum members keep asking the same question over and over again.
Even if Satoshi sells his one million coins, the Bitcoin market will head back to a bull run after several years of increased BTC supply.

kotajikikox

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

It is impossible to move a coin by mistake meaning if that coins moved meaning it is Satoshi that act on it and as you asks about what would happened, then for sure the market will have its big movement , depends on how the community evaluate the meaning of that said movement.

because this can be resulting to Dumping as many will secure their money by selling the bitcoins , or the other scenario is that people will keep buying because of assurance that Satoshi is still alive and kicking.

Not unless there are other entities that truly has access to that funds and from that things will have different result.

DanWalker

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Quote from: adaseb on January 25, 2024, 01:22:53 AM

It obviously will be bearish because many are assuming those coins are lost forever. So instead of an actual 19-20M supply, it will be 21M supply implied and bitcoin could correct.

But the bigger issue is that if he moves his coins, it depends how much. If they sends $1B coins to coinbase then obviously it’s bearish and there will be panic. But if he just moves them to a more secure wallet then the panic won’t be as bad.

I agree that the market would panic if Satoshi intended to move or sell his bitcoins. But eventually, the panic will end and there will even be opportunities for us to buy bitcoin cheap. I think Satoshi selling bitcoin is the same as other whales selling, why are people always scared? Meanwhile we always declare that bitcoin does not depend on anyone and no one can break or harm it.

If he sells all his bitcoins, I will support him because that is the reward he deserves for his contributions to the community. He is also a bitcoin investor, we have the right to take profits, why doesn't he have the right to take profits like we do?

adaseb

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It obviously will be bearish because many are assuming those coins are lost forever. So instead of an actual 19-20M supply, it will be 21M supply implied and bitcoin could correct.

But the bigger issue is that if he moves his coins, it depends how much. If they sends $1B coins to coinbase then obviously it’s bearish and there will be panic. But if he just moves them to a more secure wallet then the panic won’t be as bad.

Kakmakr

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There will be a lot of Bitcoin haters spamming forums and media platforms with negative predictions on how Satoshi will dump his/her/their coins.... and how this will negatively influence the price.

This FUD will spread and speculators will start dumping their coins and the "true believers" in this technology will have a field day, buying all those cheap coins. Grin

EluguHcman

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Do you mean if Satoshi by mistake retrieves back all his invented Bitcoin currency including investors Bitcoins?
Or his Bitcoin hodling in the Bitcoin space and decides to sell his own hodled bitcoins?
However, I do not think that Satoshi would ever play any of such suspicious irregularity role of action that would tend to scare the investors because it would serve a warning and threats to the Bitcoin industrial marketing crashes.
My question is.... In what reasons would he do that in the First place? To purchase the world or at his own pleases which we all know how reputable he is? Or tends to achieve his true intensions of Bitcoin inventory to rebellion?
Of course not, I don't see such happening and can't even put a realistic personal considerations to make it possibly realistic to happen.

bitLeap

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Quote from: testingelcrypto on January 23, 2024, 01:58:30 PM

Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

I'm sure Satoshi won't betray us after all these years of what he built and then destroyed himself? Don't expect that to happen, no matter how tempted Satoshi is with Bitcoin right now, he would have stuck with it since he decided to leave or until now. The Bitcoin he owns will remain historical evidence that must be preserved.

Despite what I believe, no one knows what the future will bring. Especially after the mysterious incident of sending large amounts of Bitcoin on January 6. There are many wild assumptions regarding the motives behind the shipment. Could it be that Satoshi wanted to convey a message because dropping around 26.9 Bitcoin was not something intentional but I'm sure there is a hidden message that we still can't understand until now.

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