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Topic: What will Satoshi Nakamoto do with his Bitcoins? (Read 2709 times)

sr. member
Activity: 462
Merit: 250
February 14, 2016, 07:31:51 AM
#65
As long as he isn't dumping them.. he can do whatever he wants Cheesy

LOL! The problem being that it's hard to spend your btc without first converting them into cash. Which wouldn't be the best of all...
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
Probably use them to buy Ethereum like anyone with half a brain.
legendary
Activity: 1624
Merit: 2481
As long as he isn't dumping them.. he can do whatever he wants Cheesy
newbie
Activity: 11
Merit: 0
Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?


ofcourse he'll sell it someday
legendary
Activity: 1778
Merit: 1043
#Free market
I don't think 'satoshi' will spend his bitcoin Wink .
sr. member
Activity: 462
Merit: 250
i hope he never touches those coins, because it is going to create a massive panic and news will be filled with a lot of FUD, the result would be on bitcoin price so we will take the hit.

Dead people don't touch coins. The signs are pretty clear, this scene is so active and so much has happened since his disappearance that he would have to be dead, to behave like he did.

Satoshi is no more with us.

Yeah. Small chance he ever do anything again. Maybe he's not dead but just retired? Maybe he's here actually reading you on this forum? ^^

Anyway, if he never acted, no reason for him to move now no?
legendary
Activity: 1245
Merit: 1004
i hope he never touches those coins, because it is going to create a massive panic and news will be filled with a lot of FUD, the result would be on bitcoin price so we will take the hit.

Dead people don't touch coins. The signs are pretty clear, this scene is so active and so much has happened since his disappearance that he would have to be dead, to behave like he did.

Satoshi is no more with us.
legendary
Activity: 812
Merit: 1000
Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?




With this amount of money one could help significantly in solving big social issues of mankind, such as hunger or several tropical diseases.

Not until the value goes up more, if he dumps them on the market he would crash it and likely kill it.  Not sure we could handle going back to double figures.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
i hope he never touches those coins, because it is going to create a massive panic and news will be filled with a lot of FUD, the result would be on bitcoin price so we will take the hit.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
I think he will spend some of his bitcoin and then most of the bitcoin will go to charity

because if Nakamoto want to make himself rich, he will do it when the bitcoin price is at peak

He assumed a BTC to be worth a million, so I think he won't be selling it at any cost unless he sees that value...
It's still a dream, but dreams are meant to be made true if we put some effort into it...
member
Activity: 98
Merit: 10
why dont you people let him decide what he is going to do with his coins ,why you people want to dictate things . its his tech in the first place . let him have his freedom and his share
legendary
Activity: 1666
Merit: 1001
I think he will spend some of his bitcoin and then most of the bitcoin will go to charity

because if Nakamoto want to make himself rich, he will do it when the bitcoin price is at peak
legendary
Activity: 1946
Merit: 1137
all of those bitcoins that supposedly belong to satoshi will most probably stay as they are, not touched. if satoshi was planning on selling or using any of those coins, he/she/them would have done it a long time ago when the price was $1200.

Satoshi Nakamoto should definitely do charity with his coins, not just to help but also to spread the word Bitcoins to those who still don't know about it yet...

this is a good idea. i think it would be best those coins could go to a legitimate charity organization. that would also bring a lot of publicity with good word of charity work for bitcoin.
sr. member
Activity: 464
Merit: 250
Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?


satoshi nakamoto will buy food and other goods wih bitcoin Grin i think he will use that bitcoin for develop bitcoin further,satoshi and team maybe have some plan to make bitcoin better than now.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
Satoshi Nakamoto should definitely do charity with his coins, not just to help but also to spread the word Bitcoins to those who still don't know about it yet...
hero member
Activity: 756
Merit: 500
Probably nothing, my expectation is that they will sit untouched forever. It has been years already, what is to assume that things will change soon?
and thats actually a good thing imo. if millions of bitcoins remain untouched. thats about 10% of the entire supply of bitcoins, and more people continue to lose their bitcoins everyday. so a lower supply means that the price will steadily go up.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
I don't think he can enjoy all his bitcoin with being anonymous so its better for him now to get public because even he can't shut down the bitcoin network and he can enjoy spending and exchanging those large furtune he have.
member
Activity: 79
Merit: 10
I believe he will donate it to charities and poor people in the world so that there will be equality on earth (and hence make it really revolutionary). Or he will just keep it to himself, forever untouched, untainted and unspent forever...
hero member
Activity: 588
Merit: 500
Probably nothing, my expectation is that they will sit untouched forever. It has been years already, what is to assume that things will change soon?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Let us assume Satoshi Nakamoto really owns 1148800 BTC.

(https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/)

What is he most likely going to do with them?

What could he do with it that would best help Bitcoin to succeed?



If Satoshi is a real person, then he deserves to do anything he wants with his huge pile of wealth.
If "Satoshi Nakamoto" is a team of NSA agents, then we are helping create a New World Monster and a very scary future.
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