Author

Topic: Satoshi was a speculator! (Read 513 times)

legendary
Activity: 1540
Merit: 1000
January 23, 2015, 11:22:05 AM
#5
It will increase as the adoption rate increases, that's how currencies work in the free market, there aren't men with guns making sure it happens.
newbie
Activity: 63
Merit: 0
January 23, 2015, 11:21:02 AM
#4
Satoshi was a scientist, and that was a theory... scientists work on theories, that is, expectations of the future given certain data that you posses. It made sense for him that as adoption happened, price would go up. And it will, after this earthquake is done. Bill Gates is on the crypto game now, we'll see more and more adoption happening.

Or rather a hypothesis... Anyway the trading volume of Bitcoin remains extremely low compared to any fiat currency.
hero member
Activity: 672
Merit: 503
January 23, 2015, 11:01:21 AM
#3
Satoshi was a scientist, and that was a theory... scientists work on theories, that is, expectations of the future given certain data that you posses. It made sense for him that as adoption happened, price would go up. And it will, after this earthquake is done. Bill Gates is on the crypto game now, we'll see more and more adoption happening.
legendary
Activity: 2226
Merit: 1052
January 23, 2015, 09:52:01 AM
#2
Speculators are typically sophisticated, risk-taking investors with expertise in the market(s) in which they are trading and will usually use highly leveraged investments such as futures and options.

Source: www.investopedia.com/terms/s/speculator.asp
hero member
Activity: 756
Merit: 502
January 23, 2015, 09:50:03 AM
#1
http://satoshi.nakamotoinstitute.org/posts/p2pfoundation/3/

From his worlds we can see that he desired for the bitcoin to raise in value as more and more people come and the value increases to greater heights!

So he was a speculator indeed!
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