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Topic: WHY OWNER IS HIDING - page 2. (Read 712 times)

newbie
Activity: 50
Merit: 0
October 07, 2017, 02:28:02 AM
#28
This is very good question, hard to answer.. But for me it is not that simple that he only hides..
I think this is very smart plan onrolling... Time will tell hopefully.
newbie
Activity: 30
Merit: 0
October 07, 2017, 02:25:27 AM
#27
Maybe it was getting bigger than he was comfortable with? Some people simply don't want attention. He has technically never been out of hiding because his handle was a guise, and he simply abandoned that.
hero member
Activity: 1274
Merit: 516
October 07, 2017, 12:29:38 AM
#26
Why should he revealed himself,he can live peacefully while  enjoying his hard work, there is no need for him to appear, his appearance can attract bad intention from the greedy person and he will be taxed by the government, If I am satoshi I will stay hidden and will never revealed my identity
full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
October 06, 2017, 11:28:33 PM
#25
some time ago when the real owner showed up and revealed his identity to the world nobody was ready to believe his words and it can be one of the reasons he is not showing up or may be he doesn't wish to prove himself to the world anyways it doesn't bother him as his great work has reached such great heights
hero member
Activity: 1218
Merit: 557
October 06, 2017, 11:23:06 PM
#24
I think so that he would have being alone all his life and after creation of Bitcoin something may have happened to him due to which he either not thier in this world to see the success of what product he has created for the people or he just want to stay aloof only without mentioning anything to anyone about it and live his life.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
October 06, 2017, 11:19:46 PM
#23
He died a few years ago and took his one million bitcoin with him to his grave. Try to ask questions and do research to answer them and read.

Even if you would resurrect him from the dead - he would mean nothing at this point.

Though it is still very early adoption (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. They can never have such domination on Bitcoin.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/
full member
Activity: 686
Merit: 107
October 06, 2017, 11:16:48 PM
#22
The government sees bitcoin as a threat to the economy, there are these big countries like Russia and China that sees bitcoin as a threat to their economy. If he publicized his identity, then the government or other opposing groups or organizations might target him. Banks are also threatened by bitcoin. There are many reasons why he (or maybe they) conceals Satoshi Nakamoto's true identity.
sr. member
Activity: 1008
Merit: 355
October 06, 2017, 11:16:02 PM
#21
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Satoshi Nakamoto and the things he did were all subject to so many speculations. But for me, the only one who can answer those questions would be the man himself. Unfortunately, he has no spokesperson who can clarify things for us. However, these things are not really that important. what is the most important thing is that he opened the Pandora box for cryptocurrency and the world especially that of online would never be the same. I don't care his motives for hiding or eventually disappearing.
legendary
Activity: 1148
Merit: 1048
October 06, 2017, 11:01:13 PM
#20
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Would you admit to being one of the richer people in the world?

If Satoshi is even a person, and not a ideological construct that a group of people was using to hide their identities with, why would he/it have a reason to present himself at the moment? the foundation might appreciate his input (ill use a he for brevity) but it is its own thing now; I dont think they would bow down and listen to his input just because he was the founder. like a corp, the ownership has passed along. this is so far from what was intended, I dont think he would really appreciate what we have evolved into. and im talking about the bitcoin, as well as the entire crypto ecosphere.


hero member
Activity: 966
Merit: 535
October 06, 2017, 10:53:37 PM
#19
He isn't hiding he just doesn't want to and doesn't need to deal with all the nonesense surrounding Bitcoin. He is happily retired sipping cocktails on the beach at his beach house. Why would he leave that ? He has reached his dream. Besides there are people that could possibly want to hurt him. The government doesn't like bitcoin because of tax and there other reasons too I'm sure. People will find their in reason if you leave them for kog enough.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
October 06, 2017, 01:09:24 PM
#18
I would do the same if I was in his shoes. Why would anyone wanted to reveal the identity if you have done was Satoshi has. If people new who he really was he wouldn't be able to live quietly without people harrasing him and because of the wealth he could also be in danger. Staying anonimous he can live his life the way he wants without such danger.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
October 06, 2017, 01:03:59 PM
#18
There are many theories/speculation, but most people think Satoshi did that because Satoshi actually part of/are bigger government/criminal organization OR want live without threat from those who want to steal Satoshi's bitcoin.
Also, Satoshi is only the inventor of Bitcoin and don't have control over/own bitcoin because Satoshi designed bitcoin to be decentralized and remove 3rd party.
hero member
Activity: 868
Merit: 535
October 06, 2017, 12:53:45 PM
#17
I think he being at hiding is because he has caused a significant change in the economy worldwide. This change is just too much to handle because it deviated from the norm, which only deals with currencies that is regulated by central banks. Bitcoin has introduced a lot of changes. In fact, it can be converted to currencies that are regulated. That is why, the question all boils down as to how it became possible in this day and age? It is definitely unregulated yet people make good money out of it. These questions are extreme. I believe the one who made Bitcoins is afraid of his life because of these substantial changes.   
naf
member
Activity: 83
Merit: 12
October 06, 2017, 12:44:57 PM
#16
Maybe he/they is/are part of a criminal organization after all, who knows...
legendary
Activity: 1218
Merit: 1006
October 06, 2017, 12:19:12 PM
#15
FBI might have arrested him by now if he was exposed and even if he will get public right now government or FBI might put him in prison.
Government are just ridiculous and they are completely against bitcoin and concept of cryptocurrency.

Still many innocent bitcoin users are being caught by Police in the name of money laundering and criminal activity.  Angry
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
October 06, 2017, 12:14:13 PM
#14
Given the controversial nature of Bitcoin, I'd say privacy, most likely.

Apart from that it makes sense for a project that is so keen on trustlessness and decentralization to be leaderless as well. Just imagine if Satoshi Nakamoto's identity were known and he'd die. Or if he'd favour one fork over another. Satoshi would be a potential single point of failure in either case.


There may be another reason. What if bitcoin was invented in order to create an outflow of capital from the American economy. Maybe bitcoin is a bomb planted under the economy of America. If so then I understand why the names of the creators of bitcoin is carefully concealed.

Capital outflow to where? If anything Bitcoin is a backup for not just American, but for global economy.
legendary
Activity: 2198
Merit: 1032
October 06, 2017, 11:59:31 AM
#13
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Why he is hiding himself?
You ask yourself that same question because you are hiding your self too what are you afraid of?
Everyone has its own privacy so the owner of Bitcoin do.
legendary
Activity: 1218
Merit: 1007
October 06, 2017, 11:57:30 AM
#12
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

So you made something and you hide, ok? But after that, what?
Omg, it's now worth a million bucks a piece, but you are still hiding. You would do that for two reasons:
- To provide continuous support to your invention even after hiding yourself while supporting the most important aspect of anonymity here as if you show up, interest may blow out of it and people may start going against it.
- You may have some fear that government may track down your current holdings of your own invention, seize them and even sell them; and you been sent to jail for inventing such a thing thst doesn't support the memorandum of government.
legendary
Activity: 3178
Merit: 1054
October 06, 2017, 11:49:31 AM
#11
if i were satoshi imight as well hide. look at all that bitcoin did as it opens new economy and the old ones are now going to struggle. if someone were winning alot of money in the old market, he'd simply stay there and oppose btc for creating a new one. or he can target satoshi for this matter.
hero member
Activity: 644
Merit: 500
October 06, 2017, 11:44:33 AM
#10
Actually, I've been thinking about this for a long time now. Facts have it that Bitcoin was created by own Satoshi Nakamoto or so and since he did that he has gone underground and has been hidden. Now I'm wondering, I made an invention that is now worth so much money in the world and am still hiding, what could have been the reasons for his action??

Satoshi nakamoto is only the one who invent of bitcoin and there are group that really owned it.In my own opinion satoshi is hiding because he wants a simple life and avoid threat with his life and his family because people think he is so rich because of the bitcoin. Who will wants a miserable life? no one right?
or maybe satoshi nakamoto itself are groups of people whos hiding from the concept of btc, possible that they just wanted to live a normal life and enjoy
all the luxuries that bitcoin development brings them, its been so many years and someone tried to claimed being satoshi nakamoto but its not been
proven yet.
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