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Topic: Satoshi and Bitcoin value - page 3. (Read 4242 times)

hero member
Activity: 756
Merit: 501
November 17, 2016, 05:52:15 PM
#49
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.
sr. member
Activity: 1050
Merit: 252
November 17, 2016, 10:21:24 AM
#48
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?

if he appears to public i don't think that people will believe that he is the real satoshi nakamoto , there's a person who showed to public and claimed that he is satoshi nakamoto and so many people are not totally convinced despite that he looks like a well known person in programming field . and also i don't think that he will do something for the coin like pump it's price or dump it .
legendary
Activity: 1666
Merit: 1001
November 17, 2016, 10:04:11 AM
#47
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
hero member
Activity: 1190
Merit: 534
November 17, 2016, 05:13:00 AM
#46
This is really an interesting situation to think and draw imagination. According to me, Yes, it would really bring some impact on the price of bitcoin if satoshi appears suddenly. I am not 100% sure but I think satoshi is active on this forum with some alias (and there is possibility that he is reading this post), bitcoin has turned in super duper popular thing and it’s difficult for him to stay away from it for long time.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
November 17, 2016, 04:51:29 AM
#45
     If he is a man or a group of people and he/they wanted to showing up would have already appeared. Obviously, when something he/they created is both innovative and pioneering there is no reason to destroy it just trying to convince the rest of the world that you are the creator of it. Most likely the creator or creators to enjoy the benefits of that fast growth of profits of Bitcoin. Surely they will have a big number of Btcs.
full member
Activity: 238
Merit: 100
it's showtime
November 17, 2016, 04:17:13 AM
#44
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.
sr. member
Activity: 350
Merit: 250
November 17, 2016, 04:13:12 AM
#43
No one believed he was the real Satoshi because his proof was false... the real Satoshi won't give fake proof.
hero member
Activity: 2968
Merit: 913
November 17, 2016, 03:27:10 AM
#42
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?

If Satoshi appears,many people will say "This isn`t the real Satoshi,it`s an imposter".

I think that Satoshi actually appeared in the news before 6 months.

Nobody believed that this is the real Satoshi.... Grin
legendary
Activity: 3472
Merit: 10611
November 17, 2016, 12:43:23 AM
#41
Don't forget the possibility that Satoshi could be a group of people.

I don't know, what about the ~1kk mined coins?
If Satoshi is a group, I doubt they still hold all coins.
~

nobody knows about the amount of bitcoin satoshi may own and all these numbers are pure guesses and that is how bitcoin works.

and remember that in the early days, bitcoin was not worth anything and nobody even thought it would be worth $1000 some day.
in other words in early days (maybe 1 year even) you turned on your PC, wasted electricity to mine one block and get about $5 (50BTC * ~$0.1) and no one did it for the money but to test bitcoin or help the network.
sr. member
Activity: 434
Merit: 250
November 17, 2016, 12:36:48 AM
#40
Don't forget the possibility that Satoshi could be a group of people.

I don't know, what about the ~1kk mined coins?
If Satoshi is a group, I doubt they still hold all coins.

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?
- If satoshi appears all of sudden there will be lot more panic in market far from anybody could imagine.
- That may make dump the coin and i don't think satoshi like to see that
- He can't be considered as criminal, he may be awarded by Nobel prize in finance for this revolutionary project.

When I said criminal, isn't about bitcoin, just any other thing.
Wow, this guy deserve a prize like that!

Why are people speculating satoshi is dead? He never revealed his identity and isn't bitcoin supposed to be almost impossible to track?

The guy disappear so this is an possiblity.
newbie
Activity: 42
Merit: 0
November 16, 2016, 11:43:19 PM
#39
I think if satoshi actually appeared to the public, perhaps he is not the original satoshi. but someone claiming to be satoshi. because during this time satoshi Nakamoto name is the name of the creator of Bitcoin very conceal his identity. I really doubt if anyone who claims to be satoshi Nakamoto and announced to the public.
hero member
Activity: 1036
Merit: 514
November 16, 2016, 11:31:51 PM
#38
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?

bitcoin price is set based on supply and demand since there is no centralized place to set the price for us! so if satoshi appears out of nowhere and proves his identity to us, the bitcoin price will changed based on the majority of people's reaction to this event.
if they like it the price will go up
and if they panic the price will go down.
If Satoshi appears people will react in positive way and no chance to panic as the price could be more increasing because people thank to him who has been invented bitcoin.
Mr. Satoshi must have Million of bitcoin obviously, and maybe constantly sell his coins like 2coins per month.
His identity keep anonymous because he likes it that way I thought, only several friends ever know him.
sr. member
Activity: 280
Merit: 250
November 16, 2016, 10:27:21 PM
#37
He is a game changer and he might have planned a very big leap do he is not coming up and reporting to media and world. Also he might think that if he comes out then bitcoin would become less impotence and many developers like him might try to do the same. Or someone might also murder him . May be this and that reason. But now he is a multi millionaire i am sure
legendary
Activity: 1288
Merit: 1087
November 16, 2016, 08:28:05 PM
#36
1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.

a satoshi dump would produce short term chaos, maybe, but in the long term it would be a good thing. the doubt would finally be extinguished.

if satoshi turned out to be a total asshole then it really doesn't matter any more. bitcoin is bigger than one person and he's had nothing to do with development for many years. throw in a dump too and he's a footnote in bitcoin history, albeit a truly huge one.

and i dunno if it would be possible for anyone to prove they were satoshi any more. most of his accounts are compromised. he can hand over private and pgp keys to anyone he likes.
hero member
Activity: 490
Merit: 500
November 16, 2016, 08:24:02 PM
#35
If he/she/they show up, I do not think the price will be significantly affected. Bitcoin will continue to expand, and the network will remain stable. But if he/she/they, for some reason, move the funds, or part of it, I believe there will be a little panic in the market. However, the price would once again recover and stabilize after some time.
hero member
Activity: 490
Merit: 520
November 16, 2016, 08:08:34 PM
#34
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?
Satoshi appears and a ton of agencies want their hands on him. They'll want to coerce him to give them "permission" to regulate Bitcoin. Assuming Satoshi isn't an agency already. If he appears on media, you'll know it's BS and get rid of it, because something will happen to him, or has happened. Expect profits to be made quickly and likely a new ATH to happen.

If he's a criminal, expect laws. Probably a lot of them.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 16, 2016, 08:01:00 PM
#33
...
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?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
Or it may say other for the market of demand, It'd made any un-trust feel from the holders of bitcoin. The owner was dumping his coin and what's next? A lot will be feeling panic soon. I have imagined the price totally get dump too. And even the bitcoin wasn't mean anything.
legendary
Activity: 3304
Merit: 3037
BTC price road to $80k
November 16, 2016, 06:48:43 PM
#32
...
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?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
The value of bitcoin right now is relaying in demand and supply also in adoption.. satoshi has no power to control it.
Also i think if satoshi is one person and if someone who knows many people who are holding bitcoins or knows about bitcoin are many question to him or possible wanted by thieves because he is the first who holding a lot of bitcoin and make a huge money with bitcoin.. so his life maybe still in danger that is why satoshi is still hiding.. so it is impossible that satoshi will appear.. this is just my opinion.
legendary
Activity: 1386
Merit: 1016
November 16, 2016, 06:27:16 PM
#31
...
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?

1. Satoshi is dead. He will very likely never again appear.
2. If he was still alive and went on the media circuit, bitcoins price would drop for many different reasons.
3. If he was still alive and dumped his coins, the experiment would be over and others would move to a fair altcoin.


I think that the world is using bitcoin already and there is already a market of demand and supply for btc, even if satoshi himself dump all his btc, the market is still able to pick it up and move on from there, it wont crush the system.
hero member
Activity: 756
Merit: 501
November 16, 2016, 06:12:11 PM
#30
Its wizzard has soo many power in hands, in fact into his wallets and dont use them to let the market get his bitcoins, sure the transactions would be record forever, but the thing is people think that he might be dead as well lost the keys.
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