Topic: What will Satoshi Nakamoto do with his Bitcoins? - page 3. (Read 2725 times)
it would be dumb if he would actually decide to sell all his bitcoins because it would dump the price
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?
(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.
Wow, ok let's hope he starts making more vaccines!
Lmao. If Satoshi Nakamoto really owns 1148800 BTC, he can be the richest person in the world. But if he really owns it i hope he can make bitcoin more better from all aspect.
The moment he touch any of those coins, the price will plummet and everyone will start to sell. The biggest fear from most of the people invested in Bitcoin,
would be for Satoshi to start selling those coins. Most of the people who pre-mined Alt coins, turned out to be pump n dumps or scams. Those coins are
the difference between Bitcoin being a scam or being legit. {for me, anyway}
would be for Satoshi to start selling those coins. Most of the people who pre-mined Alt coins, turned out to be pump n dumps or scams. Those coins are
the difference between Bitcoin being a scam or being legit. {for me, anyway}
You are right.
I don't think he will do something like this and destroy his vision, his ''child''
I personally think that Satoshi is organization, not individual (BTC it's to complex for one person) and I'm sure that each person in this organization have enough BTC in his/her wallet.
So, no need to worry.
I don't understand what those things are for?
They don't seem to be mining equipment, what are they?
They don't seem to be mining equipment, what are they?
That's exactly what they're for. Read the specs.
The moment he touch any of those coins, the price will plummet and everyone will start to sell. The biggest fear from most of the people invested in Bitcoin,
would be for Satoshi to start selling those coins. Most of the people who pre-mined Alt coins, turned out to be pump n dumps or scams. Those coins are
the difference between Bitcoin being a scam or being legit. {for me, anyway}
would be for Satoshi to start selling those coins. Most of the people who pre-mined Alt coins, turned out to be pump n dumps or scams. Those coins are
the difference between Bitcoin being a scam or being legit. {for me, anyway}
i think satoshi will just hold it or destroy the private keys in order to avoid the problems with bitcoin, that would be the best idea
We are even not sure if he is still alive or all that are his coins (keys could easy be lost in first days of Bitcoin due to testing and stuff like that). I bet Satoshi have lot of Bitcoins hidden here and there so he will not touch these famous addresses anytime soon even if he still control them.
That's a huge probability.
In the early days btc was not valuable at all. It wouldn't be incredible to see someone loosing access to thousands of bitcoins just by forgetting things ^^
invest them to make sure that his creation(bitcoin) will be success
i don't see him dumping just for whores, big villa and drug to be honest....
i don't see him dumping just for whores, big villa and drug to be honest....
he will just watch them but can't move, if he moved coins from his well known wallets then he will traced and get into trouble.thats why these coins aren't moved.
We are even not sure if he is still alive or all that are his coins (keys could easy be lost in first days of Bitcoin due to testing and stuff like that). I bet Satoshi have lot of Bitcoins hidden here and there so he will not touch these famous addresses anytime soon even if he still control them.
He might slowly mix the coins in his less famous wallets and use it to pay bills or buy some stuff that he needs and live his life like he normally would.
Im sure he has cashed out some money already from other addresses that nobody knows it's theirs, so he will leave those untouched I guess. And we will never know if when (if it ever does) move, that the one moving the coins of those addresses is really satoshi nakamoto or someone else, because it's impossible to know at this point, since his wallet could have been compromised.
I don't understand what those things are for?
They don't seem to be mining equipment, what are they?
Why in the world are you interested in what someone does with his stash of coins, someone who hasn't been either identified nor has been heard from for years?
There should a separate "Satoshi Paranoids" section in speculation board, for these questions
There should a separate "Satoshi Paranoids" section in speculation board, for these questions
Maybe distribute to third world countries or the poor. If I had that much Bitcoin I would be a philanthropist, wishful thinking.
He might slowly mix the coins in his less famous wallets and use it to pay bills or buy some stuff that he needs and live his life like he normally would.
Pay bills & live life like he normally would?
WUT
You do realise the value of his known bitcoin stash is over 400 million USD?
He might sell some coins but it'd be a lot more glamorous than paying bills
I do hope he reads this thread then gives some 10 btc to each and everyone replying here. Just wishful thinking guys. He can do whatever he wants, just don't dump them in large volumes.
if he'd sell his whole btc the bitcoin price will go down so im sure he's selling his btc one by one and this will not giving any affect to market,from his bitcoin he can buy anything he want except a planet
Yeah, he is enjoying the success of his invention and would be really happy to see the people supporting and using its invention for their benefits and earning good money out of it, he would be amazed by the support he is getting from the people across the globe.
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?
(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.
Wow, ok let's hope he starts making more vaccines!
without knowing who satoshi really is and what he's into we can't tell for sure what he's going to do with his coins (if he still have them).
satoshi can choose to leave them, spend small amounts now and then or just dump the whole thing to make massive fortune (unlikely).
I can't help but suspect that the whole bitcoin community will be scared shitless if satoshi ever shows up and claims that he really does have those coins.
satoshi can choose to leave them, spend small amounts now and then or just dump the whole thing to make massive fortune (unlikely).
I can't help but suspect that the whole bitcoin community will be scared shitless if satoshi ever shows up and claims that he really does have those coins.
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