Post
Topic
Board Speculation
Re: What happens if Satoshi dumps his coins?
by
Kemarit
on 11/09/2018, 08:42:20 UTC
Since Satoshi owns 980,000 Bitcoins, what would happen if he suddenly sells his Bitcoins?

At the actual rate hic coins value is more than 6 billion dollar.

Two likely case will happen:

One, bitcoin will go to 0. It will be epic fall as people will panic and dump hard. Much worst than Mt. Gox or Silk Road combined.

Two: Miners will continue to mine, investors will see this as a perfect opportunity to scoop more because there's still millions of bitcoin waiting to be mine and their is still profits to be made.