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Topic: Satoshi controlling 500'000 BTC - page 6. (Read 2233 times)

member
Activity: 85
Merit: 10
October 11, 2017, 03:00:33 PM
#7
If Satoshi is alive and still has his keys, he will probably start selling only when there is no bitcoin to mine anymore and it's value so high that 1 Satoshi would equal $1000.00. So I don't think it would sell just at the beginning like it is today !
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
October 11, 2017, 02:49:36 PM
#6
No, bro. Satoshi controls more than 1 millions bitcoin and they spread in around 100-200 addresses. Well, He is the father of bitcoin and therefore, I believe that he will never do such thing that can harm bitcoin such as selling all bitcoin at a time. Therefore, there is nothing you need to worry in this case. maybe he is holding it like a gift or something like that
jr. member
Activity: 60
Merit: 1
October 11, 2017, 12:55:24 PM
#5
Thanks for your answer,

i just watched The Bitcoin Gospel and Roger Ver said that Satoshi is probably controlling 500'000 BTC. If all the world will be adopting bitcoin he can actually control a lot, not just bitcoins at this time. I mean, that's something to think about.
Every big bitcoin investors know about this and yes this might be quite big issue if satoshi or anyone who have control of those bitcoin will move even a single bitcoin out of known satoshi's addresses. Also it will be really hard for him/them to sell all of those bitcoin in market once.

I think satoshi behind bitcoin is already dead so I think all those bitcoin were not accessible which is actually a good news (lower supply).

That’s a little strong don’t you think? Lol
legendary
Activity: 1218
Merit: 1006
October 11, 2017, 12:47:25 PM
#4
Thanks for your answer,

i just watched The Bitcoin Gospel and Roger Ver said that Satoshi is probably controlling 500'000 BTC. If all the world will be adopting bitcoin he can actually control a lot, not just bitcoins at this time. I mean, that's something to think about.
Every big bitcoin investors know about this and yes this might be quite big issue if satoshi or anyone who have control of those bitcoin will move even a single bitcoin out of known satoshi's addresses. Also it will be really hard for him/them to sell all of those bitcoin in market once.

I think satoshi behind bitcoin is already dead so I think all those bitcoin were not accessible which is actually a good news (lower supply).
newbie
Activity: 13
Merit: 0
October 11, 2017, 12:32:18 PM
#3
Thanks for your answer,

i just watched The Bitcoin Gospel and Roger Ver said that Satoshi is probably controlling 500'000 BTC. If all the world will be adopting bitcoin he can actually control a lot, not just bitcoins at this time. I mean, that's something to think about.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
October 11, 2017, 12:27:14 PM
#2
Hi guys,

what do you think about Satoshi controlling 1/20th of all Bitcoins?

I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.

Take care
F
It would really be a big problem if someone do hold up 500k bitcoin on his possesion since he can really affect bitcoins price on his own hands but not totally because knowing off that it is just a fraction but yet is would really be a serious matter.Going back i dont think satoshi is holding up those coins knowing that there are several early adopter who do mine up bitcoin on its earliest days.He might hold up some coins but wont really be that big.
newbie
Activity: 13
Merit: 0
October 11, 2017, 12:24:35 PM
#1
Hi guys,

what do you think about Satoshi controlling 1/20th of all Bitcoins?

I don't care if Satoshi is a real person or not, but if it's true, I think it's a problem if a group o people can controlling so much money.

Take care
F
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