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Topic: Satoshi and Bitcoin value - page 2. (Read 4242 times)

sr. member
Activity: 602
Merit: 250
November 23, 2016, 12:37:18 PM
#69
Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?
in my opinion satoshi is a very smart and genius person , i think he have a reason why he not showing his identity
but thankyou so much to satoshi because he created
hv_
legendary
Activity: 2520
Merit: 1055
Clean Code and Scale
November 21, 2016, 02:16:50 PM
#68
Don't forget the possibility that Satoshi could be a group of people.

Yep, and they might wait until there is a closed economy where no dumping vs fiat is needed at all.

Hope there might be first real bootstrapping in  some unbanked Region?
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
November 21, 2016, 06:53:27 AM
#67
He was such an huge mind gamer. Just with few bytes of codes he had changed the history of the world. Such an crazy invention he had done. I really salute him for his great mind. As his mind bitcoin also had gone huve popular and it's the father of all cryptocurrency

I wouldn't be so enthusiastic and bombastic

The long-term success of Bitcoin is still not set in stone. Bitcoin is used only by roughly half a million people on a regular basis, and have been likely used only by a few million people altogether. In this way, claiming that Satoshi has changed the history of the world is juvenile at worst and premature at best. Bitcoin may potentially deliver a strong financial impact of the world scale, but it is too early to tell anything conclusive or definitive yet

it doesn't matter what happens to bitcoin itself. that could die tomorrow and it wouldn't matter to almost everyone in the world.

it's the blockchain concept that really counts and that's what will change the world. it's already being played with and it's only just begun. the possibilities will mushroom.

Please stop repeating this highly inflated hype

Just a few days ago I asked about what use the blockchain technology could be to banks, and all I got as reply was empty self-contradicting verbiage. If you can explain to me through simple examples or conceptually without actually trying to obfuscate the matter, I will be happy to change my point of view on the real advantages of the blockchain concept beside using it in virtual currencies. But so far I don't see any such advantages. If you don't really know about any, better not try to play this card
legendary
Activity: 1288
Merit: 1087
November 20, 2016, 06:08:27 PM
#66
He was such an huge mind gamer. Just with few bytes of codes he had changed the history of the world. Such an crazy invention he had done. I really salute him for his great mind. As his mind bitcoin also had gone huve popular and it's the father of all cryptocurrency

I wouldn't be so enthusiastic and bombastic

The long-term success of Bitcoin is still not set in stone. Bitcoin is used only by roughly half a million people on a regular basis, and have been likely used only by a few million people altogether. In this way, claiming that Satoshi has changed the history of the world is juvenile at worst and premature at best. Bitcoin may potentially deliver a strong financial impact of the world scale, but it is too early to tell anything conclusive or definitive yet

it doesn't matter what happens to bitcoin itself. that could die tomorrow and it wouldn't matter to almost everyone in the world.

it's the blockchain concept that really counts and that's what will change the world. it's already being played with and it's only just begun. the possibilities will mushroom.
hero member
Activity: 924
Merit: 1001
November 20, 2016, 05:52:18 PM
#65
Satoshi definitely wont appear on the media. He has kept quiet for so long, now he wouldn't dare take the risk to appear publicly. Doing that would be a great life-threatening mistake. It has a great chance that it would cost him his life.
Even if he attempt to appear, I do not know if people will believe that his satoshi. I think what makes bitcoin successful is because it was developed by an anonymous person and that mysterious thing  has added it's value.

I am already contented with the current situation.

The Bitcoin wallet addresses written in the first blocks of the blockchain are known to belong to him, so if he decided to show up, he wouldn't have any difficulty of proving his identity. All he would need to do is to sign with one of the keys associated with his wallets some arbitrary message confirming that this very guy is indeed Satoshi Nakamoto. In this manner, whoever might claim to be him, without signing such a message should be considered as an impostor...

Whether he might really have an intention of showing up is a completely different matter, though

I didn't knew that the first bitcoin wallet address belongs to him. That's going to make his identity proved if he shows up but I don't think that he will even show up as he is already happy to be mysteriously known by the people as Satoshi, the master creator of bitcoin. We didn't even know if that is his real name or not.
I think this is just his fake name or a group name like other said before maybe it is a group they are still hiding and never seen their face in the internet.. since we are new adopters i think satoshi or the group have no plan to show with us maybe if bitcoin is actually successful to be stablish locally they will appear and proving that they are owner..
hero member
Activity: 1134
Merit: 517
November 20, 2016, 05:24:50 PM
#64
The price will definitely go down, once Satoshi's real identity gets revealed. < If he is still alive > You have to remember that he still owns loads of unused coins. < about 1 million > and if people see those coins moving, they will expect a dump and they will start selling even before those coins hit the markets.

Satoshi's identity will also create uncertainty and even anger, if he is linked to crime or dirty deeds. His nationality and association with specific agencies will also have a influence and people will quickly audit every aspect of his life. He will also become the target for lawsuits and even attempts on his life or even abduction by criminals for financial gain.

Let's just leave Satoshi alone, we are all Satoshi now. ^smile^

What if this guy is already in jail in some country? We never know...

About the million coins, he's the owner, he can trade if he wants but I doubt that he will do this... He never spent none of their coins?

About "we are all satoshi", we should make an "Satoshi mask"

That's true, bitcoin as a coin of creativity and innovation. Whether Satoshi is alive or dead or in jail, he had given life to lots and lots of common man. As mentioned one day every user needs to be masked as Satoshi to give respect but to make a mask none knows the real face.
I have likewise been wondering, why would someone who came up with something revolutionary and good enough for a noble prize award not be proud of it? But now I see it that Satoshi was ahead of time. Had he been short sighted, the authorities would have swooped on him and bitcoin would have been frustrated before now and we may never have had the opportunity to see the financial rot the authorities are happy to see us in.
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
November 20, 2016, 06:57:04 AM
#63
Satoshi definitely wont appear on the media. He has kept quiet for so long, now he wouldn't dare take the risk to appear publicly. Doing that would be a great life-threatening mistake. It has a great chance that it would cost him his life.
Even if he attempt to appear, I do not know if people will believe that his satoshi. I think what makes bitcoin successful is because it was developed by an anonymous person and that mysterious thing  has added it's value.

I am already contented with the current situation.

The Bitcoin wallet addresses written in the first blocks of the blockchain are known to belong to him, so if he decided to show up, he wouldn't have any difficulty of proving his identity. All he would need to do is to sign with one of the keys associated with his wallets some arbitrary message confirming that this very guy is indeed Satoshi Nakamoto. In this manner, whoever might claim to be him, without signing such a message should be considered as an impostor...

Whether he might really have an intention of showing up is a completely different matter, though
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 20, 2016, 06:47:42 AM
#62
Satoshi definitely wont appear on the media. He has kept quiet for so long, now he wouldn't dare take the risk to appear publicly. Doing that would be a great life-threatening mistake. It has a great chance that it would cost him his life.
Even if he attempt to appear, I do not know if people will believe that his satoshi. I think what makes bitcoin successful is because it was developed by an anonymous person and that mysterious thing  has added it's value.

I am already contented with the current situation.
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
November 20, 2016, 06:34:17 AM
#61
He was such an huge mind gamer. Just with few bytes of codes he had changed the history of the world. Such an crazy invention he had done. I really salute him for his great mind. As his mind bitcoin also had gone huve popular and it's the father of all cryptocurrency

I wouldn't be so enthusiastic and bombastic

The long-term success of Bitcoin is still not set in stone. Bitcoin is used only by roughly half a million people on a regular basis, and have been likely used only by a few million people altogether. In this way, claiming that Satoshi has changed the history of the world is juvenile at worst and premature at best. Bitcoin may potentially deliver a strong financial impact of the world scale, but it is too early to tell anything conclusive or definitive yet
member
Activity: 168
Merit: 11
Back from the Dead!
November 20, 2016, 06:10:47 AM
#60
Satoshi definitely wont appear on the media. He has kept quiet for so long, now he wouldn't dare take the risk to appear publicly. Doing that would be a great life-threatening mistake. It has a great chance that it would cost him his life.
hero member
Activity: 756
Merit: 500
November 20, 2016, 06:06:30 AM
#59
Don't forget the possibility that Satoshi could be a group of people.

I had the same thing in my mind, what if satoshi is the name of a group which created or developed bitcoin? And by the way, if they or he wanted to get famous or show his identity then he or they wouldn't have made something that works anonymously, so just let it be how it is and not make it worse.
full member
Activity: 238
Merit: 100
November 20, 2016, 05:57:32 AM
#58
He was such an huge mind gamer. Just with few bytes of codes he had changed the history of the world. Such an crazy invention he had done. I really salute him for his great mind. As his mind bitcoin also had gone huve popular and it's the father of all cryptocurrency
sr. member
Activity: 322
Merit: 250
November 20, 2016, 05:45:20 AM
#57
Satoshi for me looks like Banksy, an artist that don't show your face and maybe this increase their art "value", so Satoshi can be here working with other alias... so let's go to the question:

What could happen if Satoshi appears?
If he start to appearing on media and things like that, can pump the coin?
If he's an criminal or something like that, it can dump the coin?
Only the Following Things Can Happen If the Way Satoshi Appears:-
1) Satoshi Will Be More Popular among the Media and in the Crypto World.....
2) Then the Bitcoin will be More Strong and Can be Even Trusted By Many People......
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
November 18, 2016, 06:06:38 AM
#56
Do you know how many people are searching Nakamoto, if he shows off police will put him/her or a team into the jail, they would require something to kill bitcoin or force the bitcoins be burned or get into circulation, or worse going auction. I do hope he keep hiden, the last person that claimed Nakamoto identity just hasnt balls to proof or sign any message from the adress.

Why they will put he in the jail?

Maybe, out of sheer frustration and butthurt that Bitcoin is giving them? They wouldn't necessarily put him in jail, but they (I mean alphabet agencies, before all) could easily make his life unbearable, or, what would be even worse for Bitcoin, they might make him an offer that he couldn't possibly refuse and use him to discredit Bitcoin or do something to that tune. Provided Bitcoin itself is not their creation, in the first place...

By them I mean alphabet agencies such as CIA, NSA and their likes
sr. member
Activity: 434
Merit: 250
November 18, 2016, 02:51:59 AM
#55
Bitcoin and satoshi value differs with each other, if we say 1,000,000 satoshi then it only have 0.01 btc value. So we can see to it that you need more satoshi in order to obtain high value of btc, and it really shows btc is much higher value than satoshi which really smallest compared to bitcoin.

This guy knows what he's talking about...  Roll Eyes

Do you know how many people are searching Nakamoto, if he shows off police will put him/her or a team into the jail, they would require something to kill bitcoin or force the bitcoins be burned or get into circulation, or worse going auction. I do hope he keep hiden, the last person that claimed Nakamoto identity just hasnt balls to proof or sign any message from the adress.

Why they will put he in the jail?
There's a lot of countries that bitcoin is legal also we can see a lot of people using the blockchain to anothers things, so I doubt he will be arrasted because of this creation.
hero member
Activity: 1554
Merit: 654
November 17, 2016, 10:55:14 PM
#54
Well I don't think that whether satoshi appears finally or not matters to the bitcoin price. If he appears - great. Nobody will no for sure that he is the original satoshi nakamoto anyways. If he dumps his coins, alright. Cheaper coins for us to buy in. If he doesn't appear, doesn't matter. Bitcoin is already working fine.

I also don't think satoshi will appear that easy. I mean he needs to think few times before consider to appear.

and if he appears, it depends on him whether he wants to pump or dump the coins. I mean, he is the creator of bitcoin, so it is easy for him to do that because he knows bitcoin well than us.
legendary
Activity: 2884
Merit: 1258
November 17, 2016, 10:48:42 PM
#53
I will love to see satoshi to come out to public, for sure it will boost bitcoin reputation and value, and maybe he can fix some of the bitcoin weakness so bitcoin can become better, but it is not giving any advantage for satoshi to be appearing in public and it is rather dangerous for him, so it is for the best that satoshi stay hidden

I think if he did show up now he could only become a Bitcoin frontman, i.e. its public representative and nominal leader, or an icon of sorts. As I got it, the original code he produced for Bitcoin system was far from perfect, and now this code has likely got advanced to such levels of technical complexity that he could hardly understand it. That's maybe one of the reasons for his disappearance from the public eye when he felt that he was longer on par with other developers...

But this doesn't mean that he couldn't suggest an idea or two, of course

This is what i am thinking will happen if satoshi appears.  He was been an icon, whoever talks about bitcoin, also talks about satoshi, and him being infront would give Bitcoin more popularity, though I agree that the original code had lots of flaws, am sure satoshi would still lead bitcoin development because he has the knowledge of the whole system of bitcoin.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 17, 2016, 10:37:04 PM
#52
A lot of people talking about Craig Wright, seriously guys?

If the real Satoshi appears, the first thing he will do is make an transaction from their bitcoin address, any other guy that talk he's Satoshi is just an scammer.
Who is craight wright?  Roll Eyes Shocked
real satoshi? there is no multiple satoshi. It's in your mind. You are pure making a joke. No one is talking about that. And may you think if craight wright is fake satoshi? Oh god, seriously you makes my day.
legendary
Activity: 3458
Merit: 1280
English ⬄ Russian Translation Services
November 17, 2016, 10:35:48 PM
#51
I will love to see satoshi to come out to public, for sure it will boost bitcoin reputation and value, and maybe he can fix some of the bitcoin weakness so bitcoin can become better, but it is not giving any advantage for satoshi to be appearing in public and it is rather dangerous for him, so it is for the best that satoshi stay hidden

I think if he did show up now he could only become a Bitcoin frontman, i.e. its public representative and nominal leader, or an icon of sorts. As I got it, the original code he produced for Bitcoin system was far from perfect, and now this code has likely got advanced to such levels of technical complexity that he could hardly understand it. That's maybe one of the reasons for his disappearance from the public eye when he felt that he was no longer on par with other developers...

But this doesn't mean that he couldn't suggest an idea or two, of course
sr. member
Activity: 336
Merit: 250
November 17, 2016, 09:40:35 PM
#50
Well I don't think that whether satoshi appears finally or not matters to the bitcoin price. If he appears - great. Nobody will no for sure that he is the original satoshi nakamoto anyways. If he dumps his coins, alright. Cheaper coins for us to buy in. If he doesn't appear, doesn't matter. Bitcoin is already working fine.

If Satoshi would appear, for sure it will gonna be a big news in the bitcoin community but I think it will not impact the price of bitcoin. Yeah you're so true that no one can really tell who is the original Satoshi Nakamoto. And I think he would not appear to the public just for some petty reasons. Anyway, bitcoin right now is doing good and if something serious happens to bitcoin, maybe that's the time that he would show to the community and fix the issues that bitcoin would face.
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