What if Satoshi Nakamoto dump his 1million Bitcoin Cash (BCH)? - page 3.

BeManga

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Quote from: SerenW on November 11, 2017, 03:05:02 PM

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

i think satoshi dont have access now in that account or dont plan to move anything in that account
before some user keep watching the satoshi bitcoin and looking if the he will move some coin when the price rise
but until now no bitcoin move so i think it will not happen in bch also

SerenW

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Quote from: Sasuke102001 on November 11, 2017, 03:32:25 PM

First of all we don't know is he alive or someone named Satoshi Nakamoto was an individual person or not. Now to the question, why would he dump his millions of bitcoins they are worth so much, the price would be in billions. I don't think anyone not only Satoshi Nakamoto would like to dump so many bitcoins.

Read the first post again, you misunderstood it. It was related to Bitcoin Cash (BCH)

Sasuke102001

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First of all we don't know is he alive or someone named Satoshi Nakamoto was an individual person or not. Now to the question, why would he dump his millions of bitcoins they are worth so much, the price would be in billions. I don't think anyone not only Satoshi Nakamoto would like to dump so many bitcoins.

Karto

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ahaaaha i think about it
if someone has million bitcoins
he has millions of the other forks also
watch the rich list to see the picture

sensimilia

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Quote from: SerenW on November 11, 2017, 03:19:33 PM

Quote from: sensimilia on November 11, 2017, 03:16:34 PM

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

You are assuming he agrees with all the decisions made by bitcoin devs, you're assuming he still cares about bitcoin, you're assuming he prefers btc over bch.

You seem to be assuming a lot of things Roll Eyes

SerenW

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Quote from: illinest on November 11, 2017, 03:18:13 PM

Quote from: SerenW on November 11, 2017, 03:05:02 PM

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

Personally, I suspect that he burned a lot of the early coins. People speculate with similar fearmongering about him dumping his BTC on the markets, too. I think if any of the early BCH moved that both the BTC and BCH markets would be spooked. But I think that's highly unlikely due to Satoshi's past actions; he never emerged when past fork threats came about. Why would he do so now?

I think he knows that if the design requires an early miner like him to destroy competitors with market supply, that the design has failed.

In the past it was only threats, not actions. But BCH appears to be a serious threat and action to the real BTC. Look at the trade volume BCH surpasses BTC.

BlueFlare Magazine Co.

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Satoshi is still alive?? I think not...

SerenW

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Quote from: sensimilia on November 11, 2017, 03:16:34 PM

Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

Really, Satoshi was the founder of BTC, not BCH. Why would he dump his BTC? Baseless comment.

illinest

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Quote from: SerenW on November 11, 2017, 03:05:02 PM

As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

Personally, I suspect that he burned a lot of the early coins. People speculate with similar fearmongering about him dumping his BTC on the markets, too. I think if any of the early BCH moved that both the BTC and BCH markets would be spooked. But I think that's highly unlikely due to Satoshi's past actions; he never emerged when past fork threats came about. Why would he do so now?

I think he knows that if the design requires an early miner like him to destroy competitors with market supply, that the design has failed.

sensimilia

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Quote from: TheProgrammer on November 11, 2017, 03:16:48 PM

Quote from: ruffles2016 on November 11, 2017, 03:11:27 PM

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

Well i guess this forum is the proof that he is still out there, as he is the founder of the forum

He (or they, whoever satoshi may be) handed over the forum many years ago already, he has nothing to do with bitcointalk no more.

TheProgrammer

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Quote from: ruffles2016 on November 11, 2017, 03:11:27 PM

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

Well i guess this forum is the proof that he is still out there, as he is the founder of the forum

sensimilia

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Why would he dump his bch stash and not his 1 million bitcoin stash?
I'd say it's as much of a threat to bch as it is to btc.

NorrisK

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Is it anything different than him dumping his regular bitcoin?

This is not something to worry about, it is quite clear by now nothing is going to happen. I mean, who wouldn't cash out more than a billion dollars worth of coins?

ruffles2016

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Presale is live!

We don't even know he is alive. Or he is real person. We don't even know if he can access all his past coins. So it isn't threat at all. But let's think if he can do, and just do, cash would be dead.

SerenW

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As per the statistics "Satoshi Nakamoto" mined around 1 million bitcoins in the early stages. So, he has gotten the same quantity of BCH as well.

What will happen if someday he might see his project at risk of overtaken by Bitcoin Cash. Could he be dump his BCH stake anytime?

Topic: What if Satoshi Nakamoto dump his 1million Bitcoin Cash (BCH)? - page 3. (Read 1326 times)