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Topic: Satoshi's now has 600- 700k bitcoins? (Read 1168 times)

newbie
Activity: 30
Merit: 0
December 12, 2018, 10:59:19 PM
#70
if satoshi have a big number of BTC i think he maybe afraid alot of when it go down
newbie
Activity: 12
Merit: 0
December 12, 2018, 10:48:45 PM
#69
it's really a bit number of bitcoin
legendary
Activity: 2758
Merit: 1004
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December 12, 2018, 10:34:41 PM
#68

Maybe Nakamoto is passed and someone else has or gets access to his private keys.. That would be bad.
I don't think anyone knows how much bitcoin has satoshi besides himself. well, but I'm sure, chances are he of course has hundreds of thousands of bitcoins to sell, or maybe for further development of bitcoin.
sr. member
Activity: 422
Merit: 251
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December 12, 2018, 10:27:01 PM
#67

Maybe Nakamoto is passed and someone else has or gets access to his private keys.. That would be bad.
jr. member
Activity: 280
Merit: 1
December 12, 2018, 06:39:54 PM
#66
In any case, this is a huge number of BTC that can affect the market, plus to this it has in the same amount all hard forks bitcoin
As per the figures given above, if it is anything to go by, I don't really see any significant difference between the speculated value and the amount given by the team of researchers. I believe the impact on the crypto market would be great if this huge amount is released.
jr. member
Activity: 210
Merit: 1
October 16, 2018, 01:43:47 AM
#65
I think that he still has 1 million bitcoins as it was mentioned earlier. in any case this is a huge number which makes him one of the richest people in the world
newbie
Activity: 64
Merit: 0
October 05, 2018, 01:42:56 PM
#64
Does he move some of his coins out of the wallet? And what about his wallet address?
full member
Activity: 826
Merit: 104
October 05, 2018, 01:41:55 PM
#63
no one knows who is satoshi nakamoto.and is he alive still??
i think he is not alive and if he is alive why till now he is not using bitcoin??
i think he forgot his holding bitcoin wallets private key.and he will never destroy bitcoin.
jr. member
Activity: 154
Merit: 1
October 05, 2018, 01:41:16 PM
#62
I don't think the man who created and launched such a powerful technology would just waste it ! And in the sale of 600 K bitcoins in a single day is not common sense ! You can just sell 1-5 bitcoins a day and the rate will be stable as there is a huge demand for bitcoin !
full member
Activity: 1092
Merit: 117
October 05, 2018, 01:40:45 PM
#61
It doesn't matter how much bitcoins does Satoshi Nakamuto have because I don't think his plan is to keep them for a certain time and then destroy the market by selling them. I am absolutely sure he already is a millionaire or maybe even a billionaire plus the thing that he owns a few hundred of thousands of bitcoins. So he probably keeps his bitcoins just as a collection or he keeps them for the future when their value will be even higher.
full member
Activity: 385
Merit: 101
October 05, 2018, 01:40:32 PM
#60
600k-700k is the same guess as 1million bitcoin was. it doesn't matter how much they try to "analyze" things, in the end they will be making a big guess with a large margin of error because nobody really knows how many people and who have been mining bitcoin in the early days.

and it wouldn't make any difference. that is still a lot of bitcoin, in reality it won't affect anything since they won't come into circulation and even if they do, Satoshi is not someone who would dump on the market but people have their own weird reasons for panic.

Thats a romantic idea, but there is still a very real possibility that Satoshi will return someday and sell off his coins.  He may want to fund charitable causes in the future with his new found wealth.  New investors have to at least consider the risk of one million bitcoins being sold on the market.
full member
Activity: 630
Merit: 100
October 05, 2018, 01:29:05 PM
#59
Even it is was just 100 bitcoins it would cause a stir if any of them moved. It would prove that the creator is still around and able to take the helm of the project again. Financially, 600k is not different to 1m, everyone would panic sell regardless if any got sold
jr. member
Activity: 252
Merit: 1
October 05, 2018, 12:12:05 PM
#58
 I think they will never budge, because it will lead to a fall and a clear signal to sell
member
Activity: 952
Merit: 41
October 04, 2018, 11:08:12 AM
#57
What made santoshi with his huge asset in bitcoin not to temper with the market when the market was at it pick should go a long way to tell us how concern the name santoshi is with the development and advancement of bitcoin owning $600k-$700k is same as owning a million bitcoin but the fact still remains that santoshi will never interfere with the market .movement.
sr. member
Activity: 532
Merit: 250
October 04, 2018, 10:23:55 AM
#56
It has often been reported that the creator of bitcoin - Satoshi Nakamoto- has at least a million bitcoins, that could spark a lot of market distortions should those coins ever move from their wallets, but recent report by Bitmex's research team suggest figures 30 percent lower. 600 - 700k bitcoins
What do you think? Any significant difference?



Reference: https://news.bitcoin.com/satoshis-1-million-bitcoin-haul-could-be-smaller-than-first-thought/
Satoshi does have a very large coin base but there is no official proof that it has 1 million or less coins, I think this is exhaled by a group of investors to create panic. Satoshi is a very smart person so he will never sell his coins, so there is no need to worry about that.
sr. member
Activity: 1736
Merit: 357
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October 04, 2018, 10:03:47 AM
#55
We don't even know is Satoshi Nakamoto alive.How the hell did this Bitmex research found out that Satoshi's coins are 600-700K and not 1M?Anyway,I believe that it's kinda unfair that the creator of bitcoin has so many btc.Perhaps it was better for him to destroy or give away those bitcoins.
More or less 1million Bitcoins is a pretty big money nowadays so If ever somebody has that amount that was one of a lucky whale he or she is. For me it is fair enough if ever Satoshi has that amount of Bitcoin because without him we are not here today. If I had to choose from destroying or giving away those Bitcoins, maybe the second one is best and I think the best place for that giveaway is the Bitcointalk forum like giving some rewards to members that contributed something good to the community.
sr. member
Activity: 423
Merit: 250
October 04, 2018, 08:58:06 AM
#54
even the figure of 600 000 bitcoin can move the market) I believe that this is not so important. they may never budge, and that won't mean or disprove the reliability of bitcoin, let's not forget that
legendary
Activity: 1596
Merit: 1034
October 04, 2018, 05:35:51 AM
#53
I will not care about where bitcoin is held by Satoshi or the place where he issued the bitcoin that he holds now because even though the amount of bitcoin will not greatly affect the market situation unless he multiplies the total number of bitcoins in the world.  Cheesy Cheesy Cheesy
member
Activity: 406
Merit: 13
October 04, 2018, 05:31:29 AM
#52
It has often been reported that the creator of bitcoin - Satoshi Nakamoto- has at least a million bitcoins, that could spark a lot of market distortions should those coins ever move from their wallets, but recent report by Bitmex's research team suggest figures 30 percent lower. 600 - 700k bitcoins
What do you think? Any significant difference?



Reference: https://news.bitcoin.com/satoshis-1-million-bitcoin-haul-could-be-smaller-than-first-thought/
Santoshi as the brain behind the development of bitcoin will not take that step of tempering with the said one million or $600k/$700k bitcoin as he cares for the harm that may cause in the future, if santoshi never move those bitcoin when the market was at it peak in 2017 I don't think he will make the move now.
newbie
Activity: 44
Merit: 0
October 04, 2018, 05:01:07 AM
#51
Satoshi nakatomo is anonymous, now how are you all to these numbers, these are all speculations and in my frank opinion, should not be taken seriously. But, I think it does not matter because we do not know who Satoshi is. Now I just think about my bitcoin. That is only 100 days of uninterrupted operation by Satoshi to get 720,000 coins that will only take you up to early April 2009. Both the original estimate and Bitmex are all reasonable. It's great no matter what.
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