speculation on satoshis coins | Bitcointalksearch.org

Kakmakr

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Quote from: dearbesz1219 on July 03, 2016, 10:25:45 PM

Satoshi is like a cents here in my country, In my perception If Satoshi will dissappear there will be no longer a Bitcoin anymore.
As far as I can see also lots of member here in Crypto currencies they've been thinking that having a satoshi is like a hunting treasure with a big priviledge too. Cheesy

I have some news for you, Satoshi has already disappeared ole chap. ^smile^ We do not need Satoshi, for it to be a success, it already is. Satoshi is the mystery nobody can solve, or the so-called Logness monster of the financial system. Let's leave the Big foot hunters for the crazy people and just use the technology he left behind for us.

Mystery solved ^smile^

groll

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Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

The reason in unknown ans still a mystery up to this day. We even do not know who is satoshi nakamoto and that includes hi reason why he is not showing. Only Nakamoto can increase the bitcoin supply tremendously but yet he is unknown and nowhere to be found. THere are speculations that he has a hidden agenda others said that he isnt alive anymore. But who is he or has he have a stock of bitcoin, nevertheless he made bitcoin and we must be thankful.

dearbesz1219

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Satoshi is like a cents here in my country, In my perception If Satoshi will dissappear there will be no longer a Bitcoin anymore.
As far as I can see also lots of member here in Crypto currencies they've been thinking that having a satoshi is like a hunting treasure with a big priviledge too. Cheesy

StoreBit

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he will have spread the coins amongs the people and now the people are using mean selling and other other are buying it for their beifits. or he may have sell all the coins. and now he has a very lemitted amount of coin. that is why he cannot take it awayl

jukka

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i think that if satoshi would be as nobel as some seem to think he/she/they would burn the coins.

if some altcoin developer would act like satoshi there would be huge amount of accusations (premine, instamine, scam).

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Quote from: robelneo on May 26, 2016, 11:39:40 AM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

Since he is the creator of bitcoin he knew or can predict the price of it so he could be waiting for the bitcoin halving and will move his coin once the price skyrocket,this is my opinion..

its possible to happen?satoshi as bitcoin creator would do something that will never predicted by everyone?i dont think so.
but if more people believe this is ready to bitcoin halving,so i will spent my bitcoin and trade to cash money before satoshi move my bitcoin,, LOL

robelneo

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Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

Since he is the creator of bitcoin he knew or can predict the price of it so he could be waiting for the bitcoin halving and will move his coin once the price skyrocket,this is my opinion..

Snorek

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Quote from: Edwardard on May 25, 2016, 12:59:00 AM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

Satoshi is believed to own total 7% of all Bitcoin. That is more than 1 million of BTC. He could sell his coins for more than $1000 once = which would effectively made him a billionaire.
He decided to not do it. So I don't think monetary gain is his first principle after all.

bob123

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Quote from: electronicash on May 26, 2016, 02:43:14 AM

Quote from: btccashacc on May 25, 2016, 06:18:00 PM

as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation

thats very possible. he may even have another project, maybe another coin to which we might have been exchanging.
those coins he kept are just kept maybe for a very emergency needs. maybe someday, we'll see those coins moved to another address as a donation to a humanity project.

This could be possible.
Satoshi would have helped the world without even investing a cent.
Such a genius.

electronicash

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Quote from: btccashacc on May 25, 2016, 06:18:00 PM

as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation

thats very possible. he may even have another project, maybe another coin to which we might have been exchanging.
those coins he kept are just kept maybe for a very emergency needs. maybe someday, we'll see those coins moved to another address as a donation to a humanity project.

jukka

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but if satoshi doesnt need the money and doesnt want bitcoin to be destroyed, he could just burn the coins and end the speculation.

why he hasnt done that?

btccashacc

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as an inventor of the bitcoin satoshi knows how dangerous if he/she/they spend that amount, of course satoshi won't destroy what he had built, i believe he still has another Bitcoin which he kept in a wallet that people do not know that the address belongs to him, just my speculation

cjmoles

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It's easy! Satoshi does not need the money! Like Warren Buffet....Buffet still drives his old beat up car (not a Lambo!), has his old 1950's recliner, a modest house he bought in the 1950's, an electron tube television, and his books! He has all that he needs and he's happy. It's the same with Satoshi....He obviously has a more refined value system. If one has love, happiness, and is content living a simple life, then what more will money buy other than TROUBLE?

Lauda

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Quote from: Indrawan77 on May 25, 2016, 12:09:12 AM

i think satoshi is spending the coin,

That makes no sense.

Quote from: Indrawan77 on May 25, 2016, 12:09:12 AM

i think it is also make sense that satoshi spending the coin because its his/her hardwork to create bitcoin

No it doesn't. Satoshi, unlike many of the 'bitcoiners' here, was not led by greed.

Quote from: jukka on May 25, 2016, 01:05:34 PM

i think that even in this case people would panic and it would effect negatively to the price.

Nothing surprising there, weak hands, i.e. sheep.

Quote from: biggbox on May 25, 2016, 01:23:55 PM

Perhaps before halving, there will be movement to his/her coins and the coins will be released to the public.

No, that doesn't even make sense. Even if all assumptions were correct, that would be a irrational action.

Quote from: biggbox on May 25, 2016, 01:23:55 PM

Maybe its a conspiracy to crash Bitcoin prices during halving.

Do you need a tinfoil hat?

jyakulis

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J

Quote from: lister storm on May 24, 2016, 03:16:10 PM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

i think that the creator of bitcoins satoshi just wants the bitcoins to be a good currency thats why those coins are just sitting unspendable and they most probably will not be sold

i think that we are safe that those coins will never be moved so we will never have any trouble about a really fast dump that might happen one day because of fast selling of coins

ya I bet Satoshi be more like this with the people on here:

https://www.youtube.com/watch?v=zSQNl4V_R88

biggbox

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Perhaps before halving, there will be movement to his/her coins and the coins will be released to the public. Maybe its a conspiracy to crash Bitcoin prices during halving.

amacar2

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Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

because if he even moves 1 bitcoin from one of the address known as the satoshi addresses market will be quickly dumping in the fear of those all satoshi owned millions of coin will be out to the market. This will ultimately die the bitcoin market and give the chance for alt to come above bitcoin which satoshi will never want to see.

jukka

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Quote from: quentincole32 on May 25, 2016, 10:00:37 AM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

So,we all had chance to lost our bitcoin because he/she (they) stole our bitcoin?i think even they can acces our private key,they will not do that,having a milion bitcoin is enough for them,and i dont think its possible to happen.

not sure that i understand what you mean. nobody here thinks that satoshi would be able to steal our coins.

jukka

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Quote from: Supercrypt on May 25, 2016, 12:24:44 PM

Quote from: jukka on May 25, 2016, 05:22:42 AM

Quote from: Edwardard on May 25, 2016, 12:59:00 AM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.

But what if he decides to release those coins in a very small volume daily? As small as if it wouldn't affect the value that much. That's plausible as well, although it would definitely take quite an amount of time for Satoshi to be able to have all the coins in the circulation.

i think that even in this case people would panic and it would effect negatively to the price.

Supercrypt

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Quote from: jukka on May 25, 2016, 05:22:42 AM

Quote from: Edwardard on May 25, 2016, 12:59:00 AM

Quote from: jukka on May 24, 2016, 05:18:08 AM

lets assume that satoshi has that huge bag of coins. lets also assume that he/she (they?) is still alive and has still access to the private keys.

why hasnt he/she spend or even moved those coins? any speculation?

i think he may be waiting for the right time because he may know that btc price will sky rocket in a few years. its just my opinion.

but if the price would "sky rocket" the price would also suffer significantly if those coins would come to market. so i dont think that this is the case.

But what if he decides to release those coins in a very small volume daily? As small as if it wouldn't affect the value that much. That's plausible as well, although it would definitely take quite an amount of time for Satoshi to be able to have all the coins in the circulation.

Topic: speculation on satoshis coins (Read 1996 times)