Satoshi Nakamato selling 111000 Bitcoins ? - page 3.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: mk4 on September 04, 2018, 09:37:10 PM

Quote from: First77 on September 04, 2018, 09:06:58 PM

Quote from: judeafante on September 04, 2018, 09:04:12 PM

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 ??

Might want to take a look at the bitcoin richlist instead. Wallets that holds the biggest amounts of bitcoin are the exchanges, which is to be expected: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

It is amazing that all top100 wallets got income in 2018. There is no big wallet that was sent Bitcoins in in this year. I would never bet on this fact. I would actually expect that there would be more then 50% old wallets with zero incomings this year.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: ?? on ??

That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.

Yes it seems to be don't belong to satoshi.

As stated on the first page, that wallet is linked to Silk Road and you can google everything about that wallet. It will pop a lot of news articles by just searching it.

That wallet gained an attraction after some activities seen from a reddit post so I think its not satoshi's. This isn't new, when there are whales buying thousands of bitcoin the news are highlighting it as well.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: marcbitcoins on September 07, 2018, 09:33:46 PM

Quote from: First77 on September 04, 2018, 08:47:21 PM

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 ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.

Look, the notion that Nakamoto would even want to access that wallet after leaving it in 2014 just doesn't match with his/their behaviour in the past. And the fact that it was moved to exchanges also shows that it was always meant to be sold, just for liquidity or to leverage on other exchanges other than the true exchange the main account holder lies on (remember these exchanges are also kyc required, so the identify of the person is either already known to them or the person is not Nakamoto).

And come on, even if 1 million btc were dumped, so what?

gesdan

full member

Activity: 616

Merit: 100

damn selling that much bitcoin will make the bitcoin price drops I think because it will erase all the buy order and it will make the base price of the buy order is low, if they put it on the sell order i think it will more stable than they do instant selling, but it will makes bitcoin price stuck in that price

marcbitcoins

full member

Activity: 854

Merit: 108

Quote from: First77 on September 04, 2018, 08:47:21 PM

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 ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.

cahbagus555

member

Activity: 756

Merit: 12

Quote from: First77 on September 04, 2018, 08:47:21 PM

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 ??

I dont think he have 5million bitcoin. From what i am read in some article, satoshi mining bitcoin in one year and get more than 700.000 bitcoin. I dont think that wallet is belong satoshi because no one can identified owner bitcoin wallet

franky1

legendary

Activity: 4410

Merit: 4766

Quote from: First77 on September 04, 2018, 08:47:21 PM

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.

fake news

the 111k coins moved into an address in 2014. and moved out 8 MINUTES LATER in 2014

since 2014 the address only then held 0.009 balance.. and it was the 0.009 balance that got moved in 2018
https://www.blockchain.com/btc/address/15ihHoGs3onQBNnEH8afDFGvou9nD62Hm7

chill out guys 111k has not finally been spend this year. it has been moving about as smaller amounts passing different hands and loads of addresses for years. not hoarded for 4 years

the news is
"someone who HAD 111k btc that touched the address for 8 minutes in 2014.. has now used his address again 4 years later to remove the remaining 0.009btc"

Reid

hero member

Activity: 3052

Merit: 651

Quote from: OgNasty on September 04, 2018, 09:49:15 PM

The wallet is believed to be tied to Silk Road, not satoshi.

Possible.
Stay hidden for a few years then suddenly popping out of the blue.
This could be the worse dump that will ever happen.

It is possible that they accumulated this much and are now on the move to sell.
They lose a lot of money with what happened to them. It is payback time. Might be a good idea to track it.

yussuzc1

newbie

Activity: 77

Merit: 0

Maybe, maybe even more. I do not see Satoshi Nakamato as a person I think is a group.
It could even be a group governed by a state.
You know, this is a very important revolution, nobody can cut it.
The targeted revolution can happen Or it does not happen.

mohammedmattar

member

Activity: 448

Merit: 20

Quote from: First77 on September 04, 2018, 08:47:21 PM

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 ??

By logic, the founder of btc can not do so now
btc and the market as a whole are falling
How to sell this large quantity in this way.?!

dodgi

member

Activity: 146

Merit: 18

Quote from: First77 on September 04, 2018, 08:47:21 PM

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 ??

This is a fake news, you do not need to take it at face value. Nakamoto will not sell his bitcoin coins and he has a completely different wallet. So your article is clickbait!

Cryptokarl

newbie

Activity: 154

Merit: 0

How are you sure that the wallet belongs to satoshi nakamoto? No one can accurately say that is his wallet though. This Is why you need to be sure of any news before believing it

Taki

hero member

Activity: 1078

Merit: 514

It's one of the most interesting things that it's hard to identify the owners of wallets, but I doubt this is exactly Satoshi. Probably it's just a whale or "pizza guy" who was selling pizzas per bitcoin's several years ago Tongue

Aying

sr. member

Activity: 784

Merit: 251

https://raiser.network

I don't think that he would be able to do that he will sell his millions of bitcoin right away, for sure that he will protect the reputation and market of the bitcoin as well, and he will not easily give up it. Maybe, he will just encash little by little but not all.

coinpedia240

jr. member

Activity: 98

Merit: 1

I don't know if the news is true or not.But if this is really Satoshi Nakamoto, then this is a big news for the cryptocurrency community. But if the owner sells off all the coins, the whole market could crash.

cizatext

member

Activity: 952

Merit: 41

It hard for us to identify the owner of the said 111000 bitcoin, because there are still some huge amount of bitcoin in the hand of early investors who are not identified until now. And other government institutions also have huge bitcoin in they possession such as the FBI which sized large amount of bitcoin sometimes ago,.

FedorIzmailov

jr. member

Activity: 238

Merit: 1

I do not believe that Satoshi suddenly decided to sell his bitcoins and it seems to me that this is, as usual, the usual news in order to suppress the market

supremacy10

newbie

Activity: 91

Merit: 0

This cannot be true , it is a manipulated news to create panic, so weak hands can sell low while whales feed on them

GhostKnight

newbie

Activity: 60

Merit: 0

For this reason bitcoin price will rise and selling 111000 bitcoin is not a matter of joke. I just want to congrats Satoshi Nakamoto.

Renal

member

Activity: 434

Merit: 10

If the satoshi nakamoto that was written in the article had less than 5,000,000 bitcoins then it should have it because he was the one who created bitcoin which I want to ask that where satoshi nakamoto is now.

Topic: Satoshi Nakamato selling 111000 Bitcoins ? - page 3. (Read 1015 times)