Post
Topic
Board Bitcoin Discussion
Re: Has Wired discovered the real Satoshi Nakamoto? (.. this time)
by
jbreher
on 09/12/2015, 18:26:21 UTC
Then there is the fact of potentially 1M BTC stashed away until 2020, which just convinces me more of that which I've said all along....that one day Satoshi could, and might, pull the rug from under us all.

I don't follow. Satoshi's (arguably) 1.1M BTC is only ~7% of coins currently in existence. Blowing them out might tank the price down to near-zero -- for at least minutes. It'd be probably back to at least 50% value within a day, 75% within a month, and 200% within a year, as the market no longer would be factoring the possibility into EV. How exactly is that 'pulling the rug out'?

Quote
If this guy really is Satoshi, he is not worthy of God status IMO, and someone needs to save our souls.

If you expected Satoshi to be some sort of a god, then you really did not think this through.