Quote from: btcsnatcher on May 15, 2015, 02:16:28 PM

Quote from: Mt. Gox on May 15, 2015, 02:58:25 AM

Quote from: btcsnatcher on May 13, 2015, 03:50:58 PM

If Satoshi would have wanted to use his bitcoins he would have done so when the cost of bitcoin reached $1200... nevertheless it would have risked his anonymity, also t is based under the assumption that he has 1.5 million bitcoins... what's he gonna do with them if not spend them or utilize them.. keep them as a souvenir... I hardly think so...

I thought 1 million was the most commonly accepted figure for Satoshi's stash.

And how would he have known that $1,200 was the ultimate top?

It's pretty obvious from reading his earliest posts that Satoshi thought Bitcoin could achieve prices much higher than $1,200:

Quote from: satoshi

I would be surprised if 10 years from now we're not using electronic currency in some way, now that we know a way to do it that won't inevitably get dumbed down when the trusted third party gets cold feet...

Quote from: satoshi

Right. Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

Assuming that he's still alive, we know that he definitely witnessed the $33 high in June 2011 and the $265 high in April 2013. He could have cashed out during these peaks but didn't. He probably saw the $1,200 high in November 2013 in much the same way.

That may be a reason...
I think he was optimistic about the growth of Bitcoin as a currency otherwise he wouldn't have created it... and his hard work paid off... as for his plans for accessing the bitcoins when they were $1200... I think he won't do it... otherwise it could be seen as the creator himself selling off a portion or entire possession of bitcoins which could result in loss of confidence in bitcoins by newer members of bitcoin community... moving BTCs through transactions could have worked out great... but who knows what's going on his mind Huh

From reading the earliest conversations between Satoshi and Hal Finney, it's apparent that Bitcoin was designed to be a direct competitor to fiat currencies from the very beginning. Satoshi selling his coins would be almost tantamount to a statement that fiat currencies are preferable to BTC which would likely have deep implications far into the future. A quick look at the genesis block and the message that has been embedded within it ("The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.") pretty much shows how unlikely this scenario would be.

Quote from: JayCrypto on May 15, 2015, 02:22:27 PM

I guess he has lost his wallet. Whereas not he thought that btc would have a so huge impact. He have had so much time to wash his btc and stay anonymous, but he still stay away from that fortune. It is too much strange!

See above. It's also possible that Satoshi is already wealthy enough or is otherwise satisfied with his current standard of living that he doesn't see the need to tap into his Bitcoin fortune.