What will happen to BTC price if Satoshi Nakamoto starts selling their coins?

kmiklas · May 18, 2018

Will the price move up or down?

- On one hand, peeps might think, "ZOMG! He's cashing out! Get out while you can!!!" And the price will go down like a fat kid on a see-saw.

- On the other, peeps might start buying like crazy in the excitement of his appearance. "ZOMG! HE'S ALIVE!!!!" Suddenly the price skyrockets to $100K/coin.

Discuss?

justsomedude · May 18, 2018

kmiklas · May 18, 2018

justsomedude said:
OTC

justsomedude · May 18, 2018

large blocks traders don't go direct to an exchange (unless they're an idiot).

they use OTC (Over The Counter) intermediaries...

https://bravenewcoin.com/news/smart-money-and-otc-trading-how-the-1-percent-buy-crypto/

FXbeachbum · May 18, 2018

Same thing that’s already destined to happen.

dozu888 · May 18, 2018

People who can't succeed in the real economy, and they choose to trust a faceless nameless Satoshi. Unbelievable.

Big AAPL · May 19, 2018

dozu888 said:
People who can't succeed in the real economy, and they choose to trust a faceless nameless Satoshi. Unbelievable.

Like gas station sushi...

kmiklas · May 19, 2018

Big AAPL said:
Like gas station sushi...

Hey buddy I like gas station sushi.

Pekelo · May 19, 2018

kmiklas said:
Will the price move up or down?

When did it ever happen price going up after a large block sale? But anyhow, suddenly the supply being 8% more? Sure it boosts price....

dozu888 · May 19, 2018

So people don't trust the government and rather trust a faceless nameless Satoshi. At least the government tells you if a QE/QT is coming.