So even though he will dumped the market price, still, there will other people doing stuff to buy, say he can dumped right now; institutions will be very delighted. Cause currently Grayscale obtained 2% of the overall supply of bitcoin in the circulation only about a year of buying - of new bitcoin that have been mined.
Though, the concept of protecting the circulation 51% attack could perhaps possible, the numbers/amounts of bitcoin being hodl by certain individuals or institutions, wouldn't matter. What matter is its significant price action in the near future and its impact towards the network.
Topic: Interesting research on Satoshi and his motives and actions - page 2. (Read 249 times)
A recent Whale Alert report revealed that a miner known as Patoshi mined more than $ 10.9 billion or 1,125,150 BTC during the early stages of Bitcoin, to protect the network from a 51% attack.
Patoshi has been confirmed as an anonymous creator of Bitcoin known as Satoshi Nakamoto.
Whale Alert was able to reach this conclusion by reviewing previous research conducted by independent researcher and cryptographer Sergio Lerner.
Whale Alert revealed that the Patoshi miner “adjusted his speed between blocks” to keep the average block creation time at 0.6 blocks per 10 minutes.
The actions of the Patoshi miners seem to have been carefully calculated and geared towards protecting the network as the global Bitcoin hash rate increased. It seems unlikely that the same entity would want to sell its stake in Bitcoin as this would have a bad effect on the Bitcoin network.
Sources: https://medium.com/@whale_alert/the-satoshi-fortune-e49cf73f9a9b
https://crobitcoin.com/satoshi-posjeduje-vise-od-milijun-bitcoina/?utm_source=email&utm_medium=newsletter&utm_campaign=news
It seems to me that this research gives a very positive opinion of Satoshi, his motivation behind bitcoin, willingness to do everything he can to protect bitcoin and I think such a person will certainly not sell their bitcoins and suddenly bring down the price.
Satoshi has already shown that he cares about others and the community.
What do you think?
Patoshi has been confirmed as an anonymous creator of Bitcoin known as Satoshi Nakamoto.
Whale Alert was able to reach this conclusion by reviewing previous research conducted by independent researcher and cryptographer Sergio Lerner.
Whale Alert revealed that the Patoshi miner “adjusted his speed between blocks” to keep the average block creation time at 0.6 blocks per 10 minutes.
The actions of the Patoshi miners seem to have been carefully calculated and geared towards protecting the network as the global Bitcoin hash rate increased. It seems unlikely that the same entity would want to sell its stake in Bitcoin as this would have a bad effect on the Bitcoin network.
Sources: https://medium.com/@whale_alert/the-satoshi-fortune-e49cf73f9a9b
https://crobitcoin.com/satoshi-posjeduje-vise-od-milijun-bitcoina/?utm_source=email&utm_medium=newsletter&utm_campaign=news
It seems to me that this research gives a very positive opinion of Satoshi, his motivation behind bitcoin, willingness to do everything he can to protect bitcoin and I think such a person will certainly not sell their bitcoins and suddenly bring down the price.
Satoshi has already shown that he cares about others and the community.
What do you think?
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