Post
Topic
Board Bitcoin Discussion
Re: If satoshi shows he has still controll of all of his coins what would happen ?
by
Iroh
on 26/01/2024, 13:53:44 UTC
Lets assume that by mistake satoshi moves his coins. What would happen to bitcoin?

There’s no moving coins by “mistake”. Any move made would be quite intentional and Satoshi moving his coins would surely cause a stir in the crypto market. Although, the stir caused by a move would depend heavily on where the coins are being moved to.
If the coins are moved to an address of a known exchange, then there’s the likelihood of the coins being sold for fiat or whatever. Now that’s a move that I think its sure to cause some movements in the price of bitcoin. But if it’s a harmless move from an address to another, it would only confirm he’s still alive and kicking.