Someone on Tiktok said that Bitcoin will go down zero if founder show up! - page 2.

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Quote from: suryogandul on May 02, 2021, 03:43:25 PM

isn't that the reverse statement if the bitcoin founder appears bitcoin price will increase. because bitcoin owners may create new spikes that can trigger significant market price volatility. so for bitcoin to go back to zero I think it is impossible and will not happen

That could be possible if satoshi want to lock those bitcoin forever or tell the community that he didn't have the access of that wallet anymore which will sure to create a high spikes in the price. Also, many institutional will sure to invest into bitcoin more than now which will boost up the market to be in the first of all assets around the world. TBH, zero is just on dream, even every one of those who couldn't buy bitcoin at $10k , are now regreting for that. So, be positive as satoshi might not start this because of own benefits. Cheesy

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Quote from: tabas on May 03, 2021, 05:34:52 PM

Quote from: shogun47 on May 03, 2021, 03:52:18 AM

Quote from: tabas on May 02, 2021, 04:21:17 AM

Quote from: akm3535 on May 01, 2021, 06:23:53 PM

I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

There's will be no effect if the "founder" shows up. There will only be an effect if the "founder" starts to sell the bitcoin that he has on his wallet which is being held for a long time.
It was said and estimated that it's around 1M in quantity so selling it will really have a big impact, negatively.

The effect when Satoshi starts selling Bitcoin might be the opposite of what you'd all expect. Get your head around it! Right now there are these huge wallets who are even more a threat when Bitcoin's capitalization goes to $10 trillion. If Satoshi sold half of his stack with the next 12 months, it actually means reduced risk to the rest of the holders, not increased risk. It would mean that one angle of uncertainty is reduced, not increased when he shows up.

To me that's easy logic, I don't get it why nobody thinks that way.

Maybe you're the only one that thinks like that. I haven't thought of it but you cannot remove the uncertainty about those what ifs that has been rotating ever since satoshi has left bitcoin or didn't really left but until when he has fully stayed anonymous and never tracked any of his traces.

If the ifs were of such a concern as you describe them, why is Bitcoin worth more than a trillion dollars? Tell me, who are the guys are really concerned, where are they hiding? It is of interest who he is of course, but it does not seem to bother neither traders nor investors too much. Even big banks join the party although they could be most concerned because of regulation. Even they don't care about the million Bitcoins sleeping in those wallets.

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Quote from: shogun47 on May 03, 2021, 03:52:18 AM

Quote from: tabas on May 02, 2021, 04:21:17 AM

Quote from: akm3535 on May 01, 2021, 06:23:53 PM

I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

There's will be no effect if the "founder" shows up. There will only be an effect if the "founder" starts to sell the bitcoin that he has on his wallet which is being held for a long time.
It was said and estimated that it's around 1M in quantity so selling it will really have a big impact, negatively.

The effect when Satoshi starts selling Bitcoin might be the opposite of what you'd all expect. Get your head around it! Right now there are these huge wallets who are even more a threat when Bitcoin's capitalization goes to $10 trillion. If Satoshi sold half of his stack with the next 12 months, it actually means reduced risk to the rest of the holders, not increased risk. It would mean that one angle of uncertainty is reduced, not increased when he shows up.

To me that's easy logic, I don't get it why nobody thinks that way.

Maybe you're the only one that thinks like that. I haven't thought of it but you cannot remove the uncertainty about those what ifs that has been rotating ever since satoshi has left bitcoin or didn't really left but until when he has fully stayed anonymous and never tracked any of his traces.

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Quote from: rosenbauer02 on April 24, 2021, 12:01:36 AM

Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think?

https://vt.tiktok.com/ZSJBP8faQ/

His claims don't really make any sense for me but if he himself give some valid and probable reasons then why not? Bitcoins price going back to zero is not gonna happen if the only reason is that the founder ever reveal himself because even Craig Wrights appeal to be the real SATOSHI NAKAMOTO is questionable. Bitcoin holder that could literally not sleep well at night is a newbie thing for me because real hodlers and investors don't panic.

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The amount of BTC Satoshi has is really huge and for many serious investors it is a very big threat in terms of price stability. However, in my opinion, if Satoshi miraculously "back to life", firstly, he would not destroy his project by selling everything and creating panic, and secondly, Bitcoin is already in such a stable position that even if panic will happen on the market and the price would have fallen sharply, sooner or later it would be back on track.

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Quote from: tabas on May 02, 2021, 04:21:17 AM

Quote from: akm3535 on May 01, 2021, 06:23:53 PM

I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

There's will be no effect if the "founder" shows up. There will only be an effect if the "founder" starts to sell the bitcoin that he has on his wallet which is being held for a long time.
It was said and estimated that it's around 1M in quantity so selling it will really have a big impact, negatively.

The effect when Satoshi starts selling Bitcoin might be the opposite of what you'd all expect. Get your head around it! Right now there are these huge wallets who are even more a threat when Bitcoin's capitalization goes to $10 trillion. If Satoshi sold half of his stack with the next 12 months, it actually means reduced risk to the rest of the holders, not increased risk. It would mean that one angle of uncertainty is reduced, not increased when he shows up.

To me that's easy logic, I don't get it why nobody thinks that way.

suryogandul

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isn't that the reverse statement if the bitcoin founder appears bitcoin price will increase. because bitcoin owners may create new spikes that can trigger significant market price volatility. so for bitcoin to go back to zero I think it is impossible and will not happen

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Quote from: rosenbauer02 on April 24, 2021, 12:01:36 AM

Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think?

https://vt.tiktok.com/ZSJBP8faQ/

And why do you think that it will really happen!! What is the actual connection here? There have so many companies who are holding btc now a days and they will do their best to maintain the price for their profit. Also btc won't ever go to zero maybe in the dream....

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Why the price of Bitcoin will never go down Zero

Some international organisations/ Company started to accept Bitcoin as Their payment. For example, Tesla the electric car making company declared that anyone can be bought their car with Bitcoin.

For the popularity of Bitcoin, the number of Bitcoin users increase day by day,So the demand of it growing rapidly.
Instead ofgo down Zero, it is becomeing very popular in the whole world.
No matter who is in the behind of the Bitcoin as it is a decentralised cryptocurrency.

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Quote from: tabas on May 02, 2021, 04:21:17 AM

Quote from: akm3535 on May 01, 2021, 06:23:53 PM

I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

There's will be no effect if the "founder" shows up. There will only be an effect if the "founder" starts to sell the bitcoin that he has on his wallet which is being held for a long time.
It was said and estimated that it's around 1M in quantity so selling it will really have a big impact, negatively.

Provably there is since try to look at peoples attention they want satoshi to comeback here and if one day he decides to show up on outside world we can see people go crazy and want to buy buck bitcoins since they know thus will be taken in to serious investment form. We don't know yet if your doubts rise but look at the positive waysw where we csn earn money for just doing a good deed.

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Bitcoin would go zero if Bitcoin wouldn't be decentralized. I believe if Satoshi ever show up Bitcoin would loose it value by some percentage. It will never go zero.

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Quote from: akm3535 on May 01, 2021, 06:23:53 PM

I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

There's will be no effect if the "founder" shows up. There will only be an effect if the "founder" starts to sell the bitcoin that he has on his wallet which is being held for a long time.
It was said and estimated that it's around 1M in quantity so selling it will really have a big impact, negatively.

Nanda Dewi277

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Should I believe in that Tiktok user?
Haha of course not. Bitcoin has big communities, holders, investors, traders, and others. Bitcoin is the king of cryptocurrency and even the founder is revealed, he or they cannot control BTC that is now circulating in the market. And moreover, we cannot reveal who is Satoshi and we will not believe that someone is Satoshi.

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I really don't believe you know who's behind Bitcoin. But one point I agree with is that if the person behind bitcoin is known, the value of bitcoin will drop significantly. Bitcoin gained trust with its decentralization. What strikes us is its decentralization.

Em00n01

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I have never seen this guy before. An unknown, random guy is claiming and you're believing it? Bitcoin to ZERO! Do you think it is ever possible?? Till now many people claimd as satoshi. Is that affected the market? Stop hearing those mentally sick tiktokers.

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And we can also say that if someone sells more than ten thousand bitcoins and writes an article about it that is replicated on the Internet, bitcoin will also lose many percent of the values that we observe today. This is pure theory and such assumptions can be generated at least ten in a day. You cannot attach any importance to this, otherwise you can not deal with cryptocurrency at all.

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I firmly believe that no one in this community will believe such ridiculous statements, because so far we have seen that bitcoin has gone through various speculative deaths, but it has not really affected bitcoin price even now bitcoin is getting stronger and recently bitcoin has reached the New ATH.

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In my thinking most of the tiktok users are mentally sick. Don't be panicked by hearing any news in tiktok. They can make video by telling anything else for getting views or popularity.
Bitcoin will never go to zero. This is 100% impossible. Bitcoin price is volatile. But its price not get down in a time. So why a person who have Bitcoin can't sleep in peace. And bitcoin is the most potential coin. Anyone can make profit by investing on bitcoin.

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Quote from: rosenbauer02 on April 24, 2021, 12:01:36 AM

Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think?

https://vt.tiktok.com/ZSJBP8faQ/

As if the Bitcoin market is still the same as it was in the year 2010. Bitcoin had already built its foundation so I think even Satoshi had made himself appeared in public and sold all his coins, it won't make Bitcoin value goes down to zero. It will crash yes but only for a short time. I believe this guy is just looking for attention.

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It is not not possible and acceptable that the bitcoin price go on zero, but have possibility the bitcoin price gone 90000$ in the end of this year..

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