Post
Topic
Board Bitcoin Discussion
Re: Do you think Satoshi will ever spend his bitcoins?
by
ShameOnYou
on 07/08/2014, 23:24:48 UTC
When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.


If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some...
If he had moved his coins shortly after moving them, then it would still be obvious what his addresses are that he keeps his coins in.

I think he would need to spend them in reverse order that they were mined in (newest first) as the later coins that he mined are less obvious that they were mined by him, causing less of a potential disruption to the market.