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Topic: Satoshi is back ? - page 3. (Read 11096 times)

sr. member
Activity: 435
Merit: 250
October 06, 2015, 02:12:53 PM
What si BTCS and spoondles merge? I never read about it. No idea whats BTCS at all
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
October 06, 2015, 11:10:43 AM
If/when Bitcoin is big enough then cashing out would be silly.

Church
hero member
Activity: 709
Merit: 503
October 06, 2015, 11:10:10 AM
If/when Bitcoin is big enough then cashing out would be silly.
legendary
Activity: 926
Merit: 1000
Zoltan - PD Moderator
October 06, 2015, 08:35:53 AM
I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
That would never happen. If he ever sell, he always need to do it silently. Market will always react -vely to his selling news.

Indeed, he can stille asily crash bitcoin if he would, so better for him to stay invisible... Smiley
hero member
Activity: 784
Merit: 501
October 06, 2015, 06:13:15 AM
I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
That would never happen. If he ever sell, he always need to do it silently. Market will always react -vely to his selling news.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 02, 2015, 06:36:18 AM
Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.

Yes. He has full right to sell them, more over he must be in full aware of what will happen when he selling all his coin at once. So, people need not worry about his hoardings.
I too believe that Satoshi already started selling his coins. That's his wish.

I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
legendary
Activity: 1386
Merit: 1058
October 02, 2015, 06:24:51 AM
Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.

Yes. He has full right to sell them, more over he must be in full aware of what will happen when he selling all his coin at once. So, people need not worry about his hoardings.
I too believe that Satoshi already started selling his coins. That's his wish.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
October 02, 2015, 06:14:51 AM
Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
October 02, 2015, 05:05:15 AM
If Satoshi come back that would be very nice for the bitcoin community. We will all go for party.
But, in a decentralization environment we need to solve all the hurdles we face, we should not expect the creator to solve all the issues we face. So, Satoshi should come back for a party. We need to acknowledge him for his greater work.
newbie
Activity: 36
Merit: 0
October 01, 2015, 10:20:43 PM

Could you elaborate on your point a bit please? How did you arrive at this conclusion?

How many people need to believe in a dream for it to stay alive, Newkid?

I don´t know (does anybody?) however, I do know that if you remove the small-to-medium miners the dream of decentralization evaporates and BTC might die once you remove that component because it is the involvement of the people that keeps it alive, just like you and me talking about it now. Would we still be talking about this if it was just another, cheaper version of VISA where 5 big companies do everything and we have no stake in it?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
October 01, 2015, 09:23:50 PM

Could you elaborate on your point a bit please? How did you arrive at this conclusion?

How many people need to believe in a dream for it to stay alive, Newkid?
newbie
Activity: 36
Merit: 0
October 01, 2015, 09:14:20 PM
Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...

Bitcoin cannot be destroyed (or seriously affected) by 'companies' that claim to be "experts in blockchain technology".
...and the original dream is not dead!

Could you elaborate on your point a bit please? How did you arrive at this conclusion?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
October 01, 2015, 08:18:14 PM
Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...

Bitcoin cannot be destroyed (or seriously affected) by 'companies' that claim to be "experts in blockchain technology".
...and the original dream is not dead!
newbie
Activity: 36
Merit: 0
October 01, 2015, 08:05:57 PM
Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
October 01, 2015, 07:04:53 PM
Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
October 01, 2015, 07:00:45 PM
I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.


WoW! That's a gem. With every passing day, my belief is getting stronger that Satoshi is there and among us...

https://www.reddit.com/user/btcthwy

and why you believe that he ever leave the community. He just go dark and i think he is still very active with another name maybe his real id?
hero member
Activity: 616
Merit: 500
I AM A SCAMMER
October 01, 2015, 06:40:09 PM
I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.


WoW! That's a gem. With every passing day, my belief is getting stronger that Satoshi is there and among us...

https://www.reddit.com/user/btcthwy
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 29, 2015, 11:13:38 PM
I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.
staff
Activity: 3458
Merit: 6793
Just writing some code
September 29, 2015, 10:58:49 PM
I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key. The last thing is we don't know who is the real satoshi.
No one but satoshi knows for certain what happened to him. No one knows whether he actually lost his private keys. Anything regarding who and what happened to satoshi is pure speculation that will get nowhere.

sr. member
Activity: 364
Merit: 250
September 29, 2015, 10:30:11 PM
I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key. The last thing is we don't know who is the real satoshi.

Maybe that tx was from other bitcoin developer or advanced user from 2009, or maybe it's from the real satoshi.
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