Post
Topic
Board Bitcoin Discussion
Re: Why do we assume that Satoshi cashing out his coins would be noticeable?
by
pawel7777
on 17/04/2015, 20:54:03 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?

Most people who say it would be noticeable probably mean ~1 mil coins spread over multiple wallets that allegedly were owned by Satoshi. Those are being watched by many and if any of the coins moves it would get massive attention + likely panic (in terms of price).

Whether he had/has any other coins and actively use(d) them is rather irrelevant, as people already expect such coins to be in circulation (as part of the supply).

I hope he did manage to somehow capitalise on his invention and secured his financial future. It would be pretty sad to think that he's stuck in some shitty 9-5 job to pay his bills.