Topic: What if, Satoshi already sold all his Bitcoins off the market? - page 2. (Read 1661 times)
I think that Mr. Satoshi Nakamoto has big amount of bitcoin that he hold for now or he can add more bitcoin token because he can do that every time he want because he is the maker of it. That's not possible that his bitcoin was already sold or not it is depend then on the situation in the future.
Its an interesting thought to entertain. Maybe those that started bitcoin mined blocks to an addy they lost control over (lost the HD, keys etc) and didnt care. After all, those were worth 0 at the time. Maybe they are lost forever. Maybe they arent. I'm guessing though - that the coins will be spent once btc price reaches stupid high levels, and the market will crash. The ultimate pump and dump, one for the history books. All a clever scam. And we shall have a new "richest" person in the world. Hopefully not though.
Indeed I hope not either because it could spell doom for all of us after they cash out and we are solidly invested into it. They are mere imaginations and speculations and I hope they stay that way forever too.
Its an interesting thought to entertain. Maybe those that started bitcoin mined blocks to an addy they lost control over (lost the HD, keys etc) and didnt care. After all, those were worth 0 at the time. Maybe they are lost forever. Maybe they arent. I'm guessing though - that the coins will be spent once btc price reaches stupid high levels, and the market will crash. The ultimate pump and dump, one for the history books. All a clever scam. And we shall have a new "richest" person in the world. Hopefully not though.
Of course this is possible but somehow I think ne hasn't done that. Since nobody knows who he or she really is nobody can't know how many coins are in his/hers possesion and this will probably stay mistery forever. But I don't believe that Satoshy has sold all coins, if not for something else then because of sentimental attachement to them. 
It may be worth noting that Satoshi is thought to own certain coins. No one really knows if she has any bitcoin at all.
I think those coins are locked forever.We have 2 scenerio either he is alive or he died and since nobody knows about this whole "Satoshi" thing nobody will ever learn.If he is dead , end of the story.If he is alive than he may never spend those coins.If he was a money hungery evil villain he would try to spend them ages ago.There is a crowd waiting with torches and pitchforks and if he moves a single satoshi from these accounts people go into full panic mode and prices will surely drop which will make all his 1's and 0's worthless.There are actually a lot of scenerios we can think of and all of them are quite fun.I may have even make a cute animation and call it "Satoshi's Dilemma" 
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. How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
And do you think that buyer will agree on that term or will stand for years with his promises Anyone got any other conspiriacy theories?
What I think is that satoshi have already died without spending or selling off any good amount of bitcoin he holds. So now whatever amount of bitcoin is linked with satoshi is gone which will just decrease total available supply of bitcoin.
It is quite difficult to imagine such a scenario. First of all, Satoshi's coins are spread out over hundreds (if not thousands) of Bitcoin wallets. OK... let's argue that he sold these coins by transferring the private keys to a number of buyers. But the fact is that none of these coins have shown any movement from time immemorial. If he had sold those coins, how can you explain the lack of activity in these wallets?
What if CIA got Satoshi and backdoored Bitcoin long time ago?? There are lots of conspiracy theories and rumors around the Great Satoshi Nakamoto but I dont think there is not even one true thing in those. He must have kept his keys safely for everyone's future.
I don’t really think he might have done that. Maybe he created several wallets and stored his bitcoins differently, maybe offline so it won’t be accessed.Even if he wants to sell his Bitcoin, he won’t walk up to the buyer and say “Hey there! I’m Satoshi Nakamoto. I have some bitcoins for sell, will you buy them?” Like what? So you think he will let you know he’s the one?
He will never expose himself to anyone, because some people are stupid to the extent even if he tells them to keep secret, they will still tell the world. And I’m starting to think “Satoshi Nakamoto” is not his real name. Maybe he used that as a code name. This guy is very brilliant, so he’s likely to do anything.
He will never expose himself to anyone, because some people are stupid to the extent even if he tells them to keep secret, they will still tell the world. And I’m starting to think “Satoshi Nakamoto” is not his real name. Maybe he used that as a code name. This guy is very brilliant, so he’s likely to do anything.
Anyone got any other conspiriacy theories?
Hard to know ... Classified documents take about 50 years to be declassified ...
I was wondering this for a while but what-if Satoshi sold all his BTC already somehow under the table.
I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
Possible. But why would Satoshi sell all his bitcoin when he knows that it has a way better future than most of the people think about bitcoin. Also if he sells now/ he has already sold it ,then its his loss.But do you really think that the owner of the world's first ever crypto-currency would have sold his crypto just for money,like its his identity why would he sell his identity even though he hasn't revealed himself. I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
i am not sure how things were in the early years and google didn't give me much about whether nlocktime were introduced later or what. but the first transaction ever:
https://blockexplorer.com/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
has a locktime in it (set to zero of course) so it may have been possible for people to make a time locked transactions back then too.
for example they could have set the locktime to 500000 to make that transaction only valid on block #500000 (i think about 140 days from now)
I think he cant sell his satoshi or bitcoin from now because some says that satoshi was die but i didnt know if it is true i was only read it on the thread.
Untill now, the identity for satoshi has not revealed. We don't actually know who is "satoshi nakomoto". Perhaps it might just be a name and a gropu of programmers may be behind it. Bitcoin was introduced by a group of prpgrammers as a Anonymous cryptocurrency. Perhaps that group may have the name of satoshi. 
No. There is no point making conspiracy theories because it has not happened. Satoshi holds 50 coins in many addresses (one for each block he mined).
You can see what coins he most likely owned from his mining pattern.
Unless he sneakily mined some extra coins here and there, he has not moved nor sold his coins.
You can see what coins he most likely owned from his mining pattern.
Unless he sneakily mined some extra coins here and there, he has not moved nor sold his coins.
I was wondering this for a while but what-if Satoshi sold all his BTC already somehow under the table.
I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
Yes it might be possible but untill now we dont know the real identity of satoshi nakomoto. Even we dont know that he is live or dead? Before 1-2 months i saw a transaction of 14 BTC without any fees, that might be possibly of satoshi nakomoto but can't predict anything. We dont know the actual identity of satoshi and even if he exists, i dont think he will sell his funds because they are the most costlier and he might be earning by it. I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
I think he cant sell his satoshi or bitcoin from now because some says that satoshi was die but i didnt know if it is true i was only read it on the thread.
I was wondering this for a while but what-if Satoshi sold all his BTC already somehow under the table.
I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
lol, what if sotashi lost all his private keys and feel shameful about himself and thus don't want to face every one and hide himself from reality. lol. just joking... I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
I was wondering this for a while but what-if Satoshi sold all his BTC already somehow under the table.
I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
I mean its very possible for him to sell each mined block just by giving the buyer the private key associated with the account. Of course there is a certain degree of risk here but I guess if you got 1 million coins then why steal 50 from someone.
Would it be possible for Satoshi to create some transaction that would make his coins be sent to the buyer at a specific time in the future, using that time-lock function?
How about if Satoshi just created a signed raw transaction and just sold that transaction to the buyer and told them not to broadcast until a specific time.
Anyone got any other conspiriacy theories?
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