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Topic: Satoshi Nakamato selling 111000 Bitcoins ? - page 2. (Read 1015 times)

newbie
Activity: 196
Merit: 0
September 08, 2018, 02:26:03 PM
#62
I don't think it's satoshi! If it really was him I am sure that he never would have sell the bitcoins now. If he really wanted to sell them he would sell them last year when the price was double. This must be a rich guy who bought bitcoin when the price was too low.
newbie
Activity: 224
Merit: 0
September 08, 2018, 02:13:38 PM
#61
Is certainly not a checked data, there are been a variety of stories to the data. Some said it has a place with a budgetary investigation organization in China, some said Satoshi Nakamoto possesses it. There are additionally educated that the wallet to the bitcoin can't be recoverable. Don't know which stories to accept.
full member
Activity: 715
Merit: 220
September 08, 2018, 02:05:56 PM
#60
If it would be a wallet from a exchange, why bother to send and divide all those BTC to small amounts in order to sell them on exchange? This move remains quite suspicious
full member
Activity: 715
Merit: 220
September 08, 2018, 01:54:24 PM
#59
In addition to the post given by eternalgloom I adviced you to read  this post on reddit where people are trying to find the possible owner of this wallet
newbie
Activity: 62
Merit: 0
September 08, 2018, 01:49:07 PM
#58
That wallet could undoubtedly be a trade address solidified by the police while pending examination. In spite of the fact that more probable, it's something to do with the silk street or an enormous institutional speculator. How about we trust they don't begin dumping as that would totally crash the market.
newbie
Activity: 70
Merit: 0
September 08, 2018, 12:37:39 PM
#57
The article did not express that the wallet has a place with Nakamoto and it is still under scrutiny and they don't have a solid proof that Nakamoto for sure claims that wallet, we never know yet perhaps it is under one whale in the past who abruptly have a need to offer his offers it is still under scrutiny.
hero member
Activity: 1260
Merit: 524
September 08, 2018, 12:10:39 PM
#56
Satoshi nakamoto the anonymous name of the bicoin inventor. He has a wallet but is it belongs satoshi nakamoto. I have some  confusion about that but if I wrong then sorry for that.

He is the founder of Bitcoin and Blockchain technology and you think that he wont be holding any Wallet. He is owing the wallet and is holding a high chunk of bitcoin how much i dont know. As for testing he would have runed nodes and mined bitcoins so that are in his wallet.
Pab
legendary
Activity: 1862
Merit: 1012
September 08, 2018, 11:16:22 AM
#55
i smell fish in that news.It could be wallet of somebody but you can't sell that amount at once
I have been reading that somebody sold btc woth 110 mln$ maybe yes maybe not
But for sure nobody sold that kind of btc what you are talking about
That news are done to create panic on markets that is all in my opinion
newbie
Activity: 98
Merit: 0
September 08, 2018, 11:01:13 AM
#54
Since a lot of people believe it to be a rumor, it will be better to not comment on it further and to cause even more confusion. Until any solid proof comes, it will be better to not to discuss it.
legendary
Activity: 1372
Merit: 1252
September 08, 2018, 10:55:21 AM
#53
The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.

who has 500,000 or more Bitcoins ??

This thread will give you some interesting names of potentially very rich people owning 6 figures of BTC:

https://bitcointalksearch.org/topic/bitcoin-top-500-richest-321265

The thread was closed because apparently it was inaccurate, but still, you should research these names, probably some of these people still got 6 figures.

Personally as far as this case goes, it could be someone that Pirate Roberts trusted. He could have left this person a backup of the bitcoin keys in case he went to prison, or did FEDs recover all of the coins? maybe lost Gox coins? Who knows. If they aren't super early mined coins then saying it's satoshi it's too much of a stretch.
sr. member
Activity: 1624
Merit: 267
September 08, 2018, 09:57:53 AM
#52
I  don't know how many millions of bitcoin satoshi have, but for sure they have a lot of bitcoins in their wallet because he is creator, and they bought first bitcoin with cheaper price. No one knows if satoshi sell his bitcoin or not but for aure he sell most of their bitcoin when bitcoin reach 20k dollars each bitcoin last year 2017. Satoshi now are billionaire and he is lucky .
full member
Activity: 938
Merit: 137
September 08, 2018, 09:18:24 AM
#51
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
If the bitcoins were lying in this purse from 2009, and not since 2014, then one could still assume that these bitcoins belong to Satoshi Nakamoto. In addition, only about a fifth of the bitcoins are activated, all the others are still in their wallet. In addition, Nakamoto owns up to one and a half million bitcoins, and not five million. Let's hope that the unknown owner of this huge sum of bitcoins does not intend to sell them, this would be detrimental to bitcoins and for the image of all the crypto currency.
full member
Activity: 756
Merit: 102
September 08, 2018, 08:50:32 AM
#50
That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.
We don’t know who really owns that wallet but if he sold it, then there’s really something wrong with the market. I hope this is not so serious and I hope bitcoin will not dump so much. This is really huge and can change the market trend easily, let’s all hope for good in the future.

it does not really matter if the wallet is from satoshi or not , what really matters the most if this news is real then we should expect a hard dump for bitcoins .

 bitcoin can probably go down to 3k and below but overall , it will still be beneficial to most of us since we can now buy bitcoin in a much cheaper cost .  

Also , We can still notice that bitcoin will recover again soon  if many people will start to panic buy . so theres no need to worry at all .
jr. member
Activity: 140
Merit: 1
September 08, 2018, 08:43:34 AM
#49
I do not think that Satoshi Nakamoto will sell his bitcoins and ruin the course than no one knows that this is his wallet !
full member
Activity: 2128
Merit: 180
September 08, 2018, 08:40:51 AM
#48
That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.
We don’t know who really owns that wallet but if he sold it, then there’s really something wrong with the market. I hope this is not so serious and I hope bitcoin will not dump so much. This is really huge and can change the market trend easily, let’s all hope for good in the future.
newbie
Activity: 56
Merit: 0
September 08, 2018, 08:34:18 AM
#47
There have been a lot of mixed stories involved in it. Some say that the wallet is in fact Silkroad's while some say it is just a rumor. Until anything is confirmed, it will be better to not to talk about it and cause further misunderstandings.
full member
Activity: 812
Merit: 142
September 08, 2018, 07:38:40 AM
#46
This information has not been verified and it is probable that the owner of the wallet is not satoshi. So you should not say that, In the past days the market has fallen for this FUD and it will continue to fall if some other cold wallet wake up and panic sell BTC

For me it is just a rumor because their is no need for the Satoshi even if it exists to sell the btc as had the institution or person whoever it may be had to sell would have done at 18k levels and not at 7k levels where they know in coming time it will be back to those levels.
sr. member
Activity: 714
Merit: 250
September 08, 2018, 07:36:02 AM
#45
This information has not been verified and it is probable that the owner of the wallet is not satoshi. So you should not say that, In the past days the market has fallen for this FUD and it will continue to fall if some other cold wallet wake up and panic sell BTC
newbie
Activity: 84
Merit: 0
September 08, 2018, 07:31:12 AM
#44
This could be a rumor it could be true too. Because there are no links to support this statement in the post, it will not be a wise decision to comment on it further. But yes there is a high possibility that Satoshi might have kept some to himself to fix the situation when the market is in shambles or kept it for himself without any reason, given he is the creator.
jr. member
Activity: 211
Merit: 2
ICO Whitepaper Writer, Pitch Decks & Promoter
September 08, 2018, 07:29:38 AM
#43
The market still seems somehow solid despite this news. Been following the news and it can be concluded Satoshi is not involved
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