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RE: Mt. Gox is a big reason for the Bitcoin price crash from all time high
Imagine what will happen if Satoshi’s hoard ever hits the market!
Imagine what will happen if Satoshi’s hoard ever hits the market!
That's at least a million bitcoins sitting on the sidelines. Imagine that!
If that happened it would be over for bitcoin. The market assumes those coins are dead. There was some talk about a bitcoin trust holding these coins until at least 2020 when Craig Wright claimed to be Satoshi but make of that what you will:
https://www.economist.com/news/briefings/21698061-craig-steven-wright-claims-be-satoshi-nakamoto-bitcoin
Imagine he loses that $10bn lawsuit against him.
Good for us.BTC would be then worth 1 cent.You could buy all you want. :))
What if Satoshi is waiting for the last btc to be mined, maybe slowly releasing them out to the public?
The last btc will never be mined. Total number tends towards 21m but never reaches it as rewards just get lower and lower.
He will be dead before that happens.
We will all be dead. We are 122 years away from the last bitcoin to be mined. 2140 is not soon.