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/biz/ - Business & Finance

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25810239 No.25810239 [Reply] [Original]

what does this satoshi thing mean? I'm kinda new here

>> No.25810263

>>25810239
that youre a fucking retard

>> No.25810295

>>25810239
it is a fake tweet, but if it is ever real, it is literally over, exit all positions

>> No.25810310

>>25810239
Google creator sold his bitcoin

>> No.25810321

>>25810295
Why would it mean that?

>> No.25810389

>>25810239
ignore everyone else, but it appears that satoshi the creator of bitcoin and also one of the big holders of btc is getting ready to dump his tokens, which would end btc as we know it.

>> No.25810423

>>25810295
why would it be over? You didn't explain a thing m8

>> No.25810434

>>25810239
can you guys leave

>> No.25810456

>>25810389
it would be a good lesson to true HODLers. the diamond hands among us, such as myself, would hold and it would eventually go back up. The supply is bigger but nothing changes

>> No.25810488

>>25810423
becuz if satoshi sells all btc and buys big macs with it then it's over

>> No.25810491

>>25810239
Cheap but effective fud in the current shakeout of the norman hordes and their helicopter money

>> No.25810522

what tweet

>> No.25810536

>>25810239
U FUCKING NEWFAGS ACTUALLY BELIEVE THIS SHIT AHAHAHA GO BACK TO PLEBBIT NIGGERS

>> No.25810577

google says this "If Satoshi Nakamoto were to sell his Bitcoins (assuming you mean all at once), his 1 million coins would be dumped on the market and Bitcoin's price would tank" is this right? I get it now, it would be like the "just print more money" meme

>> No.25810647

>>25810423
basically BTC holds value because its finite, theres a total of 21,000,000 that can ever be mined, some % are already lost while others are held and arent liquid, Satoshi pre-mined 1,000,000 BTC and never touched it so thats 1 million btc that basically doest exist, but the second 1 of those coins moves from his wallet thats 1,000,000 more bitcoin that now effectivily exist diluting the price of all BTC then people will panic and dump hard, it would most likely take years to recover

>> No.25810680
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25810680

>>25810239
>what does this satoshi thing mean? I'm kinda new here
nothing if you locked in your coins on your trezor

>> No.25811195

Satoshi is the guy who we elected to choose how much a bitcoin stock is