What will happen to BTC price if Satoshi Nakamoto starts selling their coins?

Discussion in 'Crypto Assets' started by kmiklas, May 18, 2018.

  1. Pinetree

    Pinetree

    If Satoshi will start to sell his 60% of all Bitcoins, then it will be a disaster to whole market in general, because BTC totally depends of supply and demand and if the supply is much larger than the demand BTC price will reach all time low.

    Actually I have a theory about Satoshi. I think that he is smartly controlling the BTC supply and I think not only regulations pushed down crypto market, I think satoshi put a hand on this too. :)
     
    #11     May 22, 2018
  2. Pekelo

    Pekelo

    It has nothing to do with that. It is about greed, money transferring and laundering, etc.
     
    #12     May 22, 2018
  3. dozu888

    dozu888

    Nothing? this has been a big selling point used by the btc pushers to the public.

    greed and money wash - yes that's always there, and is just about the only thing btc is good for, for now... someday drug dealers will realize it's actually safer to use USD cash, instead of having the dirty deals permanently written into the chain.
     
    #13     May 22, 2018
  4. Pekelo

    Pekelo

    Selling point, maybe, but that doesn't mean that is the truth...

    The main reason why BTC went up ridiculously high was because it fed on its own success and in a way became the first worldwide ponzi. It has some practical applications but nothing that is unique to it and couldn't be copied and reproduced.

    It is like diamond, it isn't rare or have unique features what other similar things lack...
     
    #14     May 22, 2018
  5. kmiklas

    kmiklas

    Although Bitcoin, and crypto in general, is getting all the publicity, it's just the tip of the iceberg.

    Blockchain and the distributed ledger is the real disruption here.
     
    #15     May 24, 2018
  6. bublu

    bublu

    Maybe some sort of tax evasion as well, or if we see it on a positive note then we can more quickly transfer funds from any part of the world without any hassles.
     
    #16     May 25, 2018
  7. The world of Bitcoin is full of uncertainties; nobody can give accurate predictions. Same is over here, so we have to think about this scenario from a more practical approach. If Satoshi Nakamoto decides to sell all his coins, then everything would depend on the demand factor. If demand for bitcoin suddenly rises, then it might result in the rise in prices of bitcoin, and if demand doesn't rise considerably, then there are chances that the prices might remain steady or go down as well.
     
    #17     Nov 13, 2018
  8. schweiz

    schweiz

    If ever it would be clear that it is a ponzi, they cannot put the creator in jail as nobody knows who he is. That's the reason why the creator "Satoshi Nakamoto" is not identified and never will be. He/she/they know why as he/she/they know what we don't know.
    The miners did the job after "Satoshi Nakamoto" created the algo. Since then "Satoshi Nakamoto" did not do anything but sit and wait.
     
    #18     Nov 13, 2018
  9. mlawson71

    mlawson71

    I think we won't know what will happen before it actually happens, regardless of how much we speculate about it.

    Apart from that, I've always wondered why the creator chose to remain anonymous. Thoughts?
     
    #19     Nov 13, 2018