Topic: What will happen if Satoshi moves or sells his Bitcoin? - page 3. (Read 677 times)

It is more likely that people will also dump if Satoshi suddenly dump all his bitcoin. But if ever Satoshi will annouce that he/she is back and will not sell his bitcoins. Then I think it will become a factor of a sudden increase price of bitcoin.

even if the dump must be many people will be happy because they can accumulate bitcoins at a low price, right?
One of the most unique strengths of bitcoin today is that it is not controlled by any authority, and it does not seem like Satoshi will easily let his identity be exposed. until this decade, bitcoin has grown very rapidly, many investors have handled a lot of bitcoin, so things will not be as bad as imagined. Moreover, the adoption of bitcoin is also getting wider.

Satoshi could be the richest person or group in the world then. But I don't think such thing will happen. And Satoshi will continue HODLing. We don't even know Satoshi is still alive though.

If that huge chunk of coins we believe are tied to satoshi were to be sold today , well look at it this way, you know how we humans are and FOMO...if news got that Satoshi moved/sold his stash herd mentality will follow and many would sell but as of today we have institutions trading so they would be happy to buy these coins as this would allow them to easily control the market.

I don't really know what will happen after then, beside the proce of bitcoin will certainly drop to open more opportunity for more investors to buy more,  I have actually thought that some people will have doubts in bitcoin to be a scamming thing coming up with questions like, why must the owner sell off, isn't he trying to scam?

Yeah, it depends on the amount of bitcoin Satoshi is selling, can the amount be a such that will crash down the price of bitcoin? Imo, I'm thinking satoshi won't be selling his bitcoin now because he may not fill better with the current total volume bitcoin has generated so far with expectation to  e greater than other assets like gold and stocks.

I don't think shatoshi  will do that . But still if this happen the price will down  because the supply
will be high than demand and as a result bitcoin price will fall down.   And I think if shatoshi still alive he would not do that .

I do not know what will happen then, but at the same time I will try to sell all my BTC on ownr and trust wallets. And it will be the right decision.

If satoshi decided to sell his bitcoin this will cause a negative uproar for all the holders and will have a negative impact on cryptocurrency as a whole. I hope this is just mere speculation and will not come to possibility

In this situation, Satoshi could bring down the price if they want to, but I don't think that it would be completely devastating and irreparable. It could be an event leading to years of stagnation, but I believe Bitcoin would recover anyway. I also believe that if Satoshi decided to dump everything, they would do it via OTC deals because of the huge sums involved because dumping such sums on exchanges would be way harder and take more time and effort. In that case, the price wouldn't even change much because such deals aren't done on exchanges and thus the general demand and supply for BTC on exchanges remains the same. The only thing that would follow is some FUD, but that probably wouldn't have lasting effects on the price at all.

When Satoshi happens to move his coins it would cause panic across the market, imagine an overwhelming amount of bitcoin is being transferred that would surely get a lot of attention perhaps there would a panic sell may occur. If it happens he/she sells his stash it would totally bring the market down everything is in a bloodbath besides, I don't think the market will be able to accommodate this huge number. To put it simply, this could possibly destroy everything so I hope he had no intent to sell it.

I don't think this name satoshi just belongs to a single individual, but in reality this alias named after that identity was made in order to protect the anonymous being of the one who created bitcoin in the first place.
That's a huge loss for many holders if this man would decide to convert his wealth for physical money or even wipe out bitcoin from blockchain system. However, I believed that bitcoin doesn't belongs to a single person but rather to a group of whales who has the control over it. Before that certain scenario happens, decision making doesn't only begin by single approval but by individual agreement.

If some of Satoshi's estimated BTC980,000 coins show any sort of movement, then we can expect a bloodbath in the market. Despite the multi-billion USD daily trade volumes, I don't think that the market has enough liquidity to deal with an additional inflow of more than BTC10,000 in one day. As we have seen during the past few weeks, whenever a whale dumps a few thousand coins, the prices remain suppressed for many days. What that is the case, you can imagine how the market will react to the possibility of close to a million coins being dumped.

For sure Satoshi has a big amount of bitcoin in his portfolio and it would be a big disaster if ever he sells his all bitcoin, it will make a lot of people panic because bitcoin will really go down if this would happen, a lot of investors or hodlers will sell bitcoin as well but this thing would not be possible, he won't do such things that would suffer a lot of investors.
That's true and the tweeter's number one trend would be that news that will surely trigger a lot of people to sell their bitcoin as well because of the things that they may read on Twitter or any social media platform.

If the amount of bitcoin that Satoshi Nakamoto has can enter the market directly, then a special change can come in the bitcoin market.  By doing this, Bitcoin can declare income.  However Satoshi Nakamoto will not bring bitcoin directly to the market.  So it is better for us not to publish any extra controversial facts about Bitcoin.

I don't think Satoshi would want to destroy his own creation in the long run, since it would give more power to the banks. If he/she/they is/are still alive, it would certainly bring the attention of the whole crypto community. My guess is that people and mainstream governments will be after Satoshi once his/her/their identity is revealed to the public. Moving Bitcoins to another address will give the authorities the chance find who Satoshi really is. The sale of a huge stash of Bitcoin would certainly tumble the market for a short period of time. But everything will go back to normal, thanks to whales' market manipulation.

Nonetheless, we cannot deny that the risk factor of Satoshi selling his/her/their coins is always there. It cannot be ignored no matter what. The period of inactivity could indicate that Satoshi is either dead, he/she/they lost his/her/their private keys, or he/she/they is/are waiting for the right time to make the move. Who knows what will happen in the future as Bitcoin becomes more popular in the mainstream world? As long as Bitcoin remains decentralized and open source, nothing else matters. In the event Satoshi destroys Bitcoin, anyone could simple replicate the code to "revive" Bitcoin at any point in time. For now, let's focus on making Bitcoin better for a greater good. Just my opinion

 he would probably swap his btc to a privacy coin so he still remains unonymous
would be interesting to see the aftermath of that happening
for sure many would panic
 

Haha a very interesting question and I am surprised I am seeing this first time around. To be honest I am sure many bots and even people might be watching Satoshi's address like owls day and night for any activity. The very first thing will be the market's reaction. If the bitcoins are brought into exchange the moment the transaction is added to the chain you will see a massive dump in the market as people would think the creator of bitcoin has lost his trust in bitcoin which is why he is doing this.
Talking about manipulations. I don't think he needs any sort of manipulation to gain some extra bitcoins he already is pretty close to becoming the richest man on the planet.

It's an interesting thought. Will people rush in to buy bitcoins knowing Satoshi's 1.1 million BTC stash is gone for good? Or will it take some time before it affects the market? There's always a catalyst for a crypto bullrun like the halving every four years. A Saoshi burn could disrupt everything.

It's of course entirely possible that satoshi may one day come back and or could simply dump all of his coins.  Now in my humble opinion that is never going to happen, however who knows.  The other thing that I think people seem to forget or perhaps not even realize is that Satoshi likely had countless wallets.  We know of one of his wallets for sure, but who's to say he didn't have many more? Of course he did.  If Satoshi is alive he's definitely using bitcoin, just other coins from other wallets.

Maybe we will consider it weak with the 1 million bitcoin it has?
The number of bitcoin Satoshi owns is probably greater than the amount the whale owns so it is very possible that if they were all sold, the price would dump dramatically. Previously, we have seen the price of bitcoin can fall by more than 15% in 24 hours without Satoshi's involvement in the market, how is it that we will not see a decrease of more than 50% if that Satoshi is involved?