He is likely either dead or destroyed his coins and is true social recluse.
One day his coins will be a big problem, the reason i think he is dead is because he knows what a million bitcoins lurking can mean to the stability of the market and he clearly wanted bitcoin to take over as a payment medium. He would have resolved his million bitcoins by now if he could.
He could resolve the million coin problem in many different ways but I would vote for him doing a viral marketing campaign that will give away his bitcoins on a date in the near future, say six months. Everyone with a changetip account for example will get a satoshi tip that all told will add up to a million coins. yes the price may dive afterwards but the uptick in real users would offset it and send bitcoin to mass adoption.
Satoshi can, with one well planned event, send bitcoin into the mainstream for good.
Come on Satoshi contact me and I will help you get this done. I won't even ask you to pay me.
Topic: Why would Satoshi not be dumping? - page 2. (Read 4883 times)
Maybe he was Richard Bransons test pilot
Perhaps he died? Or he wants to hold till his coins are worth trillions of $.
Satoshi is no god or some higher tier. He is also a human and maybe when he gets older he wants to buy a nice isle with a house.
How do you know he isn't old now?
Satoshi's job is not over. Here's how he should spend his fortune! Come on Satoshi!
Insider info:
Satoshi still owns every single one of his coins
Satoshi still owns every single one of his coins
mr nakamoto
-could have been already wealthy enough before inventing bitcoin
-could be more more than one person, which broke up/having a fight
-could have lost access to priv keys
-could have destroyed priv keys
-could be a secret service project that not even the secret service knows about and already cancelled/finished/aborted
-could be dead
-could have had an accident/sick/stroke/amnesia
-could be in jail
-could have decided to live as a hermit in the taiga
-knows what panic it could cause if he starts to move the oldest coins
-and so on....
since he created bitcoin to replace the fiat banking system, why would he dump his precious coins when fiat is weakest and his coins are strongest ? he might not be thinking in terms of fiat accumulation, but in terms of revolution. revolutionaires tend to be less corrupt then average.
-could have been already wealthy enough before inventing bitcoin
-could be more more than one person, which broke up/having a fight
-could have lost access to priv keys
-could have destroyed priv keys
-could be a secret service project that not even the secret service knows about and already cancelled/finished/aborted
-could be dead
-could have had an accident/sick/stroke/amnesia
-could be in jail
-could have decided to live as a hermit in the taiga
-knows what panic it could cause if he starts to move the oldest coins
-and so on....
since he created bitcoin to replace the fiat banking system, why would he dump his precious coins when fiat is weakest and his coins are strongest ? he might not be thinking in terms of fiat accumulation, but in terms of revolution. revolutionaires tend to be less corrupt then average.
Man, I wish someone would write an espionage-thriller novel about Satoshi.
The potential plot elements are all there - genius on the run, conspiracy, shadowy elite, hidden fortune, assassination, NSA - only thing missing is a leggy blonde.
I know couple of these kinds of guys and what is remarkable of them is that their principles cant be bought with money.
I know of one too. For some, principles are everything. Satoshi is no god or some higher tier. He is also a human and maybe when he gets older he wants to buy a nice isle with a house.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
If satoshi dumped Bitcoin to hell his legacy would fall in ruins. He would just be one of the biggest scammers all time.
Not everyone is a materialist, some people want to be remembered and live their life in peace.
Technically speaking can you have a legacy if you are anonymous?
Satoshi is no god or some higher tier. He is also a human and maybe when he gets older he wants to buy a nice isle with a house.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
Why should he/she/they dump?
It's not about the money.
Would you feel safe if you had half a billion dollars worth of bitcoins on a pen drive in your pocket? It would be bad enough if almost nobody else knew about it except perhaps your family. In Satoshi's shoes I would not want to take the slightest chance that the whole world could find out my identity by posting here.
No I wouldn't, but I'm not an expert in cryptography or online anonymity. I'm not trying to convince anyone, that's just what I think, is that he passed away.
^Does being Bitcoin-rich mean hiding out for the rest of your life?
Why is it that fiat billionaires are not worried about disclosing their identities?
Why is it that fiat billionaires are not worried about disclosing their identities?
I believe Satoshi was an individual who is now deceased. It doesn't make sense to me why he doesn't post anymore. Some indicate it is so he isn't tracked down, but then why did he post before? With his knowledge he could easily find a way online without being traced.
Would you feel safe if you had half a billion dollars worth of bitcoins on a pen drive in your pocket? It would be bad enough if almost nobody else knew about it except perhaps your family. In Satoshi's shoes I would not want to take the slightest chance that the whole world could find out my identity by posting here.
I believe Satoshi was an individual who is now deceased. It doesn't make sense to me why he doesn't post anymore. Some indicate it is so he isn't tracked down, but then why did he post before? With his knowledge he could easily find a way online without being traced.
People assume satoshi has a huge load of Bitcoins, but he wasn't the only one mining in the very early months of Bitcoin.
A lot coins have been moved since 2011 so he might actually have sold some. (2011 Bitcoin started to gain some value)
And still there are so many "sleeping" Bitcoins right now, that haven't been touched in year, the owner knows that it's better to keep them untouched.
A lot coins have been moved since 2011 so he might actually have sold some. (2011 Bitcoin started to gain some value)
And still there are so many "sleeping" Bitcoins right now, that haven't been touched in year, the owner knows that it's better to keep them untouched.
I think Satoshi's HDD crashed and he said, "F-it, I'm done with this!" 
I read about this British guy whose HDD was discarded and when Bitcoin boomed he figured it was in a landfill. He got quotes of what it would take to dig the whole site and then gave up.
Here's your proof: Being rich is an idiot's end-game. Only people with empty brains dream of that. Satoshi is not an idiot, I am sure he already knows what really is valuable.
best post so far
He lost the keys.
I think satoshi has alzheimer and he has forgotten what he has 
I think Satoshi's HDD crashed and he said, "F-it, I'm done with this!"
Maybe that happened and he topped himself?
I think he "doesn't like" to be rich , he is only happy to have created a new revolutionary currency ( And this is a really great thing).
I would certainly like to think that. It does make you wonder if this is the case seeing as he hasn't spent them... yet.
Satoshi is no god or some higher tier. He is also a human and maybe when he gets older he wants to buy a nice isle with a house.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
So, why should he or any other early adopters would not "dump" his coins?
All his work would be useless if he didnt dump his coins, because then he wont have anything to live...and he wont be rich.
Meanwhile i think this perma dumping is done by someone like satoshi who was an early adopter and has "unlimited" amount of coins...
In the end, bitcoin gets stronger out of it because the coins are shared between more users, but the value will go down.
I think he "doesn't like" to be rich , he is only happy to have created a new revolutionary currency ( And this is a really great thing).
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