What if Satoshi reemerge and created a new coin

jstern

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Quote from: BTCLovingDude on October 04, 2016, 08:52:13 AM

Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

bitcoin is like satoshi's baby and why would someone abandon his baby and make another one in its place and want to push that to the public?!! that doesn't make sense to me so it is not a legit possibility.

besides if satoshi was looking for profit from making a pump and dump altcoin he would have sold his bitcoin stash when the price was above $1000+

He wouldn't be creating a pump and dump coin, he would be motivated by whatever motivates him. The suggestion is what can surpass Bitcoin, not kill it. Satoshi creating a new coin would not kill Bitcoin.

jstern

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Quote from: glerant on October 04, 2016, 04:06:48 AM

Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

Satoshi left mid-conversation around the time of a hyped article in 'PC World' and it is blindingly obvious had good cause to leave.

https://bitcointalksearch.org/user/satoshi-3

The person or persons involved will not be reappearing as 'Satoshi'.

Reading that really give me a longing wishing that I was involved with Bitcoin back in that era.

DRaGoN RaNTaRo

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Quote from: Spoetnik on October 05, 2016, 01:11:11 AM

Craig Wright's buddy is dead.. which is why he was trying to ape his shit.

if craig wright has to prove that he is indeed satoshi he has to move the initial coins he owns,i do believe he has connections with the bitcoin technology, with most of his videos i have seen he has deep knowledge about blockchain .

aomakun

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Quote from: JeffBrad12 on October 03, 2016, 01:43:57 AM

Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

And it's just in your opinion and making a new coin and spreading like bitcoin it's not an easier like you're said. if satoshi just making bitcoin for killed him and why he need make bitcoin?

satoshi hahahaha if I were, I would not make a new coin because if my bitcoin maker, I would have had a lot of coin. while the price of bitcoin is very high now..

Spoetnik

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FUD Philanthropist™

Quote from: Snorek on October 05, 2016, 05:56:15 AM

Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

Everything is a possibility. We don't know who Satoshi is. He could prove his identity (if he still has access to his private keys).

If that happen then indeed media coverage would be amazing, but it would be bad news for bitcoin.

Creation of new coin by Satoshi would mean one thing, that he thinks Bitcoin failed and can't be upgraded and repaired.

It will undermine Bitcoin stability and trust greatly, to the point that BTC could never recover from it.

So.. then why are you supporting a new coin called Incent ?
Get it ?
Ledger ? ICO coming soon ? please kill yourselves scamtard's Roll Eyes

Choke on your own moronic self destructive hypocrisy and dick holster jiggling for bucks.
..real bucks $$$ AKA: FIAT the all mighty dollar.

Snorek

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Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

Everything is a possibility. We don't know who Satoshi is. He could prove his identity (if he still has access to his private keys).

If that happen then indeed media coverage would be amazing, but it would be bad news for bitcoin.

Creation of new coin by Satoshi would mean one thing, that he thinks Bitcoin failed and can't be upgraded and repaired.

It will undermine Bitcoin stability and trust greatly, to the point that BTC could never recover from it.

BiTZeD

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As better altcoins did not killed the old ones, that won't kill Bitcoin, but for sure the price would be huge given the hype that there would be around it.

Spoetnik

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Craig Wright's buddy is dead.. which is why he was trying to ape his shit.

BrewMaster

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i think any coin that satoshi makes will suffer a great deal from hype because it is satoshi after all and it can grow very big.

even a fake satoshi can make it hyped up a lot and pump the price up but in the end all the altcoins need real features to survive without exception.

fortunecrypto

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Quote from: jstern on October 03, 2016, 01:40:25 AM

That's a legit possibility.

This new coin will probably take many of the innovations that we've seen in other coins.

He can easily prove his identity here on Bitcointalk.

If all this happens, the media coverage for Bitcoin will be at an all time high, and could possibly multiply the current crypto users.

This new coin could probably kill Bitcoin.

Why would it kill Bitcoin,it could in fact compliment bitcoin,if I am the creator of one successful venture and millions are benefiting why would I created a new one to destroy it and if I am also holding a huge amount..

Tanglemymind

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Quote from: tyz on October 03, 2016, 08:00:58 AM

To be honest, I personally believe that Satoshi is already involved in some other project. I do not believe that he created something fantastic like Bitcoin and then disappear forever without facing new problems in the field. He is too smart and probably has so many ideas to let his hands of new innovations. The question is only, which project he joined Wink

Peercoin

Invulner

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Well who knows, maybe he would, be honestly it would be quite dumb for him to do so, since bitcoin is already so widespread and an altcoin he creates would not get much attention anyways...

But then, perhaps he could come out with a better solution than bitcoin. A much better one.

pereira4

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Quote from: iGotSpots on October 03, 2016, 01:42:44 AM

How do you know she hasn't?

Chances are he was a guy, most people into technology are guys. Also, chances are if he comes back, he would never try to directly compete against Bitcoin. In fact, im pretty sure he is one of the anonymous coders delivering improvements in Bitcoin.

obit33

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Quote from: btcxyzzz on October 04, 2016, 10:57:22 AM

What if Satoshi emerges and says something like: "The coin that's best following the values I stated in paper back in 2008 is Monero. So I would be glad to join their efforts and continue to strive for real money". That moment, Monero would shoot about 100x and Bitcoin would be buried. Not so impossible scenario if you ask me.

SN already did as NS Wink

https://cryptonote.org/whitepaper.pdf

also:

Quote from: satoshi on August 13, 2010, 03:28:47 PM

Crypto may offer a way to do "key blinding". I did some research and it was obscure, but there may be something there. "group signatures" may be related.

This cryptographic signing technique is the predecessor of ring signatures as applied in Monero.

vino.gcs

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I think only Satoshi is not the reason behind the successful Bitcoin. There are more parameters.

Let's just assume that happens. Satoshi creates a new coin. Then it'll add up to the queue of crypto currencies now and start to emerge. It'll take its own time to emerge to get popularity. Now remember, Bitcoin had chance of surprise of better innovation in crypto world. This new coin will lack the element of surprise to try it out. So it'll take more time to attract more population. Roll Eyes

socks435

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I think satoshi has no plan to make a new one again because he is already made a successful project and he is in good place that he can just spend his money from bitcoin.. so i think he live as a normal right now he dont want to make new one since it can affect the value of bitcoin..

serjent05

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Quote from: bbc.reporter on October 03, 2016, 02:58:01 AM

@jstern. Your answer for the second question is exactly why bitcoin will not be killed by a new coin even if it is made by Satoshi. There is already too much money already riding in bitcoin and any crash will be scooped up by speculators and traders. The bitcoin mining itself has also become an industry in its own right and it looks unstoppable right now. If bitcoin will be killed, it will not be because of another coin. Bitcoin will be killed by itself thru centralization, or maybe by the collusion of miners or it could be because it might be corrupted by the people who want to control its development.

I think the problem is lots of people is wishing for another round of being "pioneer". So basically those late comer will more probably hopping in this new coin craze, and the mere fact that Satoshi is a well known figure of Bitcoin, him leaving bitcoin and creating a new coin will only mean one thing, Bitcoin is a failure and thus we need a new coin to use. This is not centralized economy, and being not centralized people can easily hop from one coin to another.

iGotSpots

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Quote from: dannyman on October 03, 2016, 11:36:01 AM

Quote from: iGotSpots on October 03, 2016, 01:42:44 AM

How do you know she hasn't?

A how come you assume it's a she or a he.....that's so mono genderist!

Who said it was an assumption?

btcxyzzz

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Monero - secure, private and untraceable currency.

What if Satoshi emerges and says something like: "The coin that's best following the values I stated in paper back in 2008 is Monero. So I would be glad to join their efforts and continue to strive for real money". That moment, Monero would shoot about 100x and Bitcoin would be buried. Not so impossible scenario if you ask me.

Ayers

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Quote from: David Walters on October 04, 2016, 03:09:53 AM

Why do people call satoshi "she"?

eh many think he is a girl, but for me he is without any doubt a man, no woman can come up with a technology like this, which is so complex, i think satoshi can be actually a group, who helped him in this project

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