Totally agree with that. And Satoshi selling all his coins would be destructive as well.
But we assume it won’t happen (selling, not moving). But would it be the case for anybody else?
Would this selling pressure be recoverable?
Naturally, being a Bitcoin supporter I would lean to yeah. However, these things can be unpredictable, and it really does depend on what's happening in the world, and everyone's view on Bitcoin. There's just so many possibilities that could happen to benefit or even undermine Bitcoin.
What can be said, the idea behind Bitcoin works, and for me has the most appeal out of any other currency on the market. Will that change in the future, who knows.
Well, I suppose (and hope) that the UTXO set (or basically the "ownership database" in any future form) will be preserved even if there is a completely new technology and this new "system" moves the Bitcoin's UTXO set into it. But that is for another discussion
Yeah, although lets say that a hard fork did occur (either necessary or deemed the best choice) to escape this sort of scenario. Those on the old chain wouldn't be able to easily prove they owned the coins on the new chain. At least, I don't think there would be a easy way of doing it. Maybe, but probably beyond my understanding, at least at this stage. I thin we're still in the stage of thinking of thinking about solutions, since it's too far away right now that there's not a whole lot of urgency needed.
Whatever the circumstances, there's going to be a lot of split opinions when it comes to the proper discussion definitely. I don't want to see old coins released back in, and I don't want to see the destroyed. I probably am of the same opinion of o_e_l_e_o, but I'd rather see them broken into, and stolen than forcibly from a Bitcoin perspective force remove them or redistribute. There's too many worms, and not enough cans.