No Wonder Satoshi Disappeared... | Bitcointalksearch.org

JC btc

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Quote from: Mmesooma1 on November 10, 2019, 08:20:17 AM

Quote from: tsaroz on November 07, 2019, 11:55:31 AM

With his last of mails released. Anyone can easily predict satoshi was planning the exit the day he started. He knew bitcoin is going to be a success without him. Accumulated a good amount of coin and disappeared without a trace. I respect his desire of privacy but if he won't reveal himself, a great person would get lost in the disguise of a pseudonym.

I was about saying same. Dude is most probably a well articulated individual and had all his plans premeditated. He forsaw a problem that can be used effectively in the dark web and thus transmitted into the surface web to create money transfer solution. He didnt want the glory and name so he published his invention and went anonymous which is one of the best decisions ever made for cryptocurrency survival and adoption till recent date

Which is the main reason why he really vanished, and it really happened. Satoshi has been most wanted during the early age years of Bitcoin, as they think he is the one promoting dark web too, so he was afraid for his life, he doesn't want to risk as he has for sure family that he should take care of, anyway, still a great job for him as he have foreseen this event, he was really a genius.

BitHodler

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Quote from: #Darren on November 10, 2019, 05:10:08 AM

Still cannot understand why so much people are investing in Ripple. This coin is a centralised garbage, that was created to make its founders rich.

The whole idea is that banks will use XRP for cross border transactions, which means that they will take a lot of XRP out of circulation to facilitate high value transactions in a matter of seconds.

The idea itself isn't all that bad, but so there are hundreds of other ideas that look great on paper but don't lead to anything.... imagine the desperation of those who bought XRP at +$1 thinking it will pump straight to +$100.

Quote from: #Darren on November 10, 2019, 05:10:08 AM

Ripple is regulated and has no limited supply, so why the hell it is on the crypto market?

Ripple itself might be regulated, but XRP itself isn't---it's not even clear yet whether it's considered a security or not. As far as supply goes, it seems to be limited, but what if Ripple runs out of XRP to sell? I don't rule out issuance of more XRP.

Mmesooma1

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Quote from: tsaroz on November 07, 2019, 11:55:31 AM

With his last of mails released. Anyone can easily predict satoshi was planning the exit the day he started. He knew bitcoin is going to be a success without him. Accumulated a good amount of coin and disappeared without a trace. I respect his desire of privacy but if he won't reveal himself, a great person would get lost in the disguise of a pseudonym.

I was about saying same. Dude is most probably a well articulated individual and had all his plans premeditated. He forsaw a problem that can be used effectively in the dark web and thus transmitted into the surface web to create money transfer solution. He didnt want the glory and name so he published his invention and went anonymous which is one of the best decisions ever made for cryptocurrency survival and adoption till recent date

#Darren

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Still cannot understand why so much people are investing in Ripple. This coin is a centralised garbage, that was created to make its founders rich. Ripple is regulated and has no limited supply, so why the hell it is on the crypto market?

atjiat

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Quote from: Bitfling on November 09, 2019, 07:48:03 PM

Quote from: Cyberczar on November 07, 2019, 07:55:28 AM

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/

If satoshi displays his identity from the start, maybe people will think bitcoin is a fraud or ponzi scheme. It's true that Satoshi has disappeared so that his vision of peer to peer develops and this is happening right now with the price of bitcoin which has the potential to continue to strengthen year after year.

If you analyze all the statements regarding cryptocurrency and in particular about Bitcoin, then you can find a large number of negative statements that say that Bitcoin is a very smart fraudulent scheme. And I ask you to note the fact that this negativity exists and will exist despite the fact that the identity of Satoshi Nakamoto is disclosed or not, this person appeared in society or not.

Bitfling

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Quote from: Cyberczar on November 07, 2019, 07:55:28 AM

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/

If satoshi displays his identity from the start, maybe people will think bitcoin is a fraud or ponzi scheme. It's true that Satoshi has disappeared so that his vision of peer to peer develops and this is happening right now with the price of bitcoin which has the potential to continue to strengthen year after year.

JeffBrad12

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Quote from: tenakha on November 08, 2019, 04:26:46 PM

Quote from: leavolnhals on November 08, 2019, 01:19:35 PM

whether he disappeared or still alive, he could not do anything about bitcoin since there were so many people holding bitcoin and the right to manipulate belonged to others. Satoshi is only a name now and he no longer has any special influence.

Satoshi is the creator of almost all the cryptocurrency. The Bitcoin created by him has created a whole market. Do you think that means nothing?

Pretty sure he refer to the fact that bitcoin is decentralized even satoshi has no control over it but the name satoshi still has influence to the public.You need to note that satoshi did not create all the cryptos. He’s publishing the bitcoin source code indeed but there are plenty of coins that are quite different to bitcoin and last time ai remember the coin that has familiar code to bitcoin is Litecoin.

laskybok

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The advent of bitcoin within a short space time, has brought great transformation. Satoshi already saw saw this coming before he launched it, because that was part of his core vision. Had it been we know him in person, then a lot would have happened.

upyem2k

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I don't get it. Is anyone comparing Satoshi disappearance to justify woes on the ripple? Satoshi believes he left bitcoin in good hands and moves to something else. That's what achievers do.

huu78

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Cryptocurrency is a Digital currency, somehow the project that Satoshi woke him even disappeared when it was a big success. He lives behind it by raking in the advantages of the bitcoins he holds.
Bitcoin and Ripple are really different they are not the same. Bitcoin is generated through mining and can be in mining by anyone while Ripple already has a supply that is held by the developer or the company for their community for something event.

tenakha

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Quote from: leavolnhals on November 08, 2019, 01:19:35 PM

whether he disappeared or still alive, he could not do anything about bitcoin since there were so many people holding bitcoin and the right to manipulate belonged to others. Satoshi is only a name now and he no longer has any special influence.

Satoshi is the creator of almost all the cryptocurrency. The Bitcoin created by him has created a whole market. Do you think that means nothing?

leavolnhals

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whether he disappeared or still alive, he could not do anything about bitcoin since there were so many people holding bitcoin and the right to manipulate belonged to others. Satoshi is only a name now and he no longer has any special influence.

gensol

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True decentralisation speaks anonymity which is good to everyone. Imagine staying anon yet controlling large sum of money and being able to transact globally.

redsun114

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The case of bitcoin would have been a different one entirely because Satoshi project is a decentralized coin which people already understand and even if he was known, people would not have been able to sue him for anything if they really understand how the whole things operates.

Ripple has always been full of deceit right from onset and I never trust them for anything, I am even glad that someone is wise enough to see their deceit and then sue them for it because no matter how much investors pumps money into the ripple business, they will never get any yield from it, and if you look at the last pump that they had, it was an artificial pump which made many people holding on to that believe ripple will reach $4 again for a project that is not being used by people.

adzino

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What does ripple have to do with Satoshis disappearance?
Anyways, Ripple is a company not a coin. They are the one that created XRP and is holding majority of the coins, thus many does not consider XRP as a decentralized currency. High chances the coin itself might become worthless as more people realizes this. Coins being created out of thin air and majority being held by a company does not sound like a decentralized crypto currency. Feels more like a currency that is controlled and can be easily manipulated.
Good thing Satoshi disappeared, or else people would worship him and any act or words said by him might cause some serious changes in the bitcoin market. Him being disappeared means his influence from the coin being gone thus making the coin truly decentralized.

OasisDre

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Quote from: Cyberczar on November 07, 2019, 07:55:28 AM

Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared. https://www.cryptoinfowatch.com/ripples-woes-may-multiply-as-disgruntled-investor-files-fresh-claims/

To me i think its better if satoshi stay hidden or vanished forever, its really a good thing for the whole crypto community unlike ripple that is centralized and vulnerable as well, we really shouldn't be comparing both, the difference is marginal

error08

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Bitcoin is different from altcoins, can't be compared.
When satoshi left bitcoin core, he had the reasons, he said; “I’ve moved on to other things,” Satoshi wrote back. “It’s in good hands with Gavin and everyone.”
Although the disappearance of satoshi might be a good thing for the bitcoin community, still it's pain in our heart never sees anything from him again.

https://bitcointalksearch.org/topic/satoshi-moving-on-to-other-things-4712900

BitcoinsGreat

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Quote from: DooMAD on November 07, 2019, 09:23:25 AM

Quote from: Cyberczar on November 07, 2019, 07:55:28 AM

Money is big business.

Ripple is literally a business, though. It's not a valid comparison with BTC and satoshi. Bitcoin isn't an entity that can be sued for giving investors fraudulent advice. Ripple is.

Ripple is centralized and as they claim that banks will be using it. I still looking which banks are actively using it in their daily transactions ?

Doesn't matter Satoshi did not disclose his entity, bitcoin was made to be anonymous and therefore you can understand the reason.

maydna

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I don't think that was the reason why Satoshi disappeared and hiding from us. He must have the other important reason, but he cannot tell us about that. But no matter what Satoshi reason, we will not know, and we don't have to think about why, but we need to continue for what Satoshi did so bitcoin can be more popular than now. Lets Satoshi does what he wants to do, and we do what we need to do while we will see bitcoin price increased later. And if Satoshi thinks that he needs to show himself, he will come to this forum again, and he will tell the reason. But ripple is different than bitcoin, and it cannot compare to bitcoin.

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Quote from: Velkro on November 07, 2019, 06:55:49 PM

Dying from Satoshi was worst that happen to him, but best that happen for Bitcoin. Its brutal, but its reality.

Disappearing was surely a conscious choice on his part. There's no way it could achieve the goals he envisioned if he'd stuck around answering questions and tinkering. It had to move beyond one person.

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