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Topic: What'd happen if Satoshi dropped all his BTC into the market? (Read 1206 times)

sr. member
Activity: 952
Merit: 281
Plot twist: What if Satoshi lost all his BTC?
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
There is as many buyers as sellers. So I guess some people instead of sitting on this forum are buying right now.
hero member
Activity: 490
Merit: 500
I would be a slightly better buyer for choice.  Smiley
sr. member
Activity: 249
Merit: 250
I read somewhere that if you send Satoshi a satoshi then he will give you a bitcoin in 10 years time.
full member
Activity: 143
Merit: 100
It would remove a huge amount of USD liquidity. Add to that the panickers, and lack of available fiat and you would be forced into a new price range. It would take time to get "back to normal". It would not be "to da moon" immediately after either
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
We'd buy them all  Grin

Yep, but sell here on bitcointalk pls ... for the community Grin
legendary
Activity: 1582
Merit: 1002
I think Bitstamp and BTC-E owners will simply ban to sell such large amount (Bitcoin price collapse will destroy their businesses).
legendary
Activity: 2772
Merit: 1028
Duelbits.com
We'd buy them all  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
best buying opportunity ever

It would be a wild ride, but when prices are below $50/BTC (for example), there will be no shortage of buyers for (almost) any amount of supply.
Bring it on, Satoshi...  Cheesy
hero member
Activity: 728
Merit: 500
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
best buying opportunity ever
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 1722
Merit: 1217
legendary
Activity: 2338
Merit: 1035
You can wipe out bitstamp's entire order book with a mere 32K BTC. One can imagine what 1 million BTC would do.

well what would happen is a boat load of people would pick up cheap ass coins for $0.01 and then we go back to the moon
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
Nakamoto does not need to dump... he only need to show he is in control of the private key .. ( for people he trust obviously ) it all can be done off line ...
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
You can wipe out bitstamp's entire order book with a mere 32K BTC. One can imagine what 1 million BTC would do.
newbie
Activity: 25
Merit: 0
I know the market would get all sorts of fucky, but I'm asking about what specific kinds of fuckyness would happen?
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