Cryptocurrency Q&A What would happen if Satoshi Nakamoto sold his Bitcoin?

What would happen if Satoshi Nakamoto sold his Bitcoin?

Nicola Nicola Sun Dec 01 2024 | 5 answers 1399
I'm wondering about the potential impacts if Satoshi Nakamoto, the creator of Bitcoin, decided to sell all of his holdings. What kind of effects would this have on the cryptocurrency market? What would happen if Satoshi Nakamoto sold his Bitcoin?

5 answers

Nicolo Nicolo Tue Dec 03 2024
The potential reappearance of Satoshi Nakamoto, the anonymous creator of Bitcoin, could spark significant market movements.

Was this helpful?

336
82
Bianca Bianca Tue Dec 03 2024
It is estimated that Nakamoto possesses around 1 million Bitcoins, a stash of immense value and influence.

Was this helpful?

324
37
Daniela Daniela Mon Dec 02 2024
If Nakamoto decides to sell their Bitcoin holdings, the market would be flooded with a sudden influx of the cryptocurrency.

Was this helpful?

294
23
Raffaele Raffaele Mon Dec 02 2024
Such a large amount of Bitcoin entering circulation would inevitably increase the overall supply, leading to potential shifts in market dynamics.

Was this helpful?

230
98
Sara Sara Mon Dec 02 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions. Traders and investors can leverage these services to navigate the volatile cryptocurrency market.

Was this helpful?

215
82

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts