Post
Topic
Board Bitcoin Discussion
Re: If Satoshi reveals himself, what would be of Bitcoin?
by
carlfebz2
on 08/01/2017, 13:35:03 UTC
I think If Satoshi reveals himself, their will be no changes to bitcoin, except he start selling his Bitcoins (1 Million bitcoins) that will just
make bitcoin have no value, it will shut from current price 900$ to .9$ so I think its a good point for Bitcoin that Satoshi is now hidden in some where  Grin


I think the price would see a change if satoshi revealed itself... it's a big psychological factor. It may not mean anything by itself, but it opens the possibility of him selling. Right now everyone has assumed that he is just dead, but if he proved he is alive, the doubt of his coins being locked forever would end, and the possibility of a selloff could happen.
This could really happen since satoshi have only the way on how to retrieve those lost coins on entire bitcoin blockchain network.Yes,it really give big psychological factor to public and these would surely lead in two possible scenarios on which people would not too much react on it or they would change their mind if satoshi will come out and reveal himself but i think this thing wouldnt really happen.