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Topic
Board Bitcoin Discussion
Topic OP
Why do we assume that Satoshi cashing out his coins would be noticeable?
by
Lorenzo
on 17/04/2015, 20:12:38 UTC
Quote is from another thread but I'd rather not derail that one so I'm starting a new thread:

If he cashing out his bitcoin, he may exposure himself, his identity will be revealed, which he didn't like it. So I think he may never cashing out his bitcoin.

Why is it always assumed that Satoshi choosing to dump his coins would be immediately noticeable?

Satoshi was the first to mine and sometimes the only one mining in the very early days but others like Hal Finney were mining too. After 2010, many other people jumped aboard and started mining with their own PCs. Satoshi was still around on the forums until late 2010 and didn't disappear completely until 2011. If he had continued mining until then (and possibly even after 2010-2011) then it would be impossible to know whether it's Satoshi who is dumping his coins or just another early adopter. Someone who constantly mined on a PC with reasonable specs from 2010 onwards would still have made enough BTC to call themselves filthy rich.

I'm not doubting that Satoshi's earliest mined coins that were worth billions at one stage were left untouched but couldn't it be possible that he still sold a couple million dollars worth of BTC and is living the high life today?