probably the biggest drop and then spike in BTC history. Silk Road effect X 100

Drop to single digits, then jump to 300-400 before diving back to $100..

My guess.

Remember BTC-E's little dip to 102? Yeah that wasn't nearly a fraction of the coins Satoshi owns. He an drop the price to 0 for all he cares. He can sell out all of the buy orders until there's nothing left, at least for a while.

ITT MTC reveals his tinfoil hat.

I didn't know he was a crazy paranoid alex jones-watching libertardarian basement-dwelling EMF-fearing government-alphabet-soup-accusing whacko,

I thought he was just a bad day-trader who constantly admits to losing leveraged trades on bitfinex.

 

"OMG satoshi's coins are owned by the US government, if he sold them, bitcoin would go to 0 because it would lose one of the most important functions of its core protocol - a shady, anonymous creator who owns a whole bunch of coins but doesn't sell them. The creator selling them would be a serious breach in the core protocol, which depends on an anonymous shady creator with tons of coins not selling them. Thus protocol breach, confirmed, fundamental collapse, value reduced to $zero, QED."

CONFIMRED 

(EDIT: Yes, selling coins makes price go down. But selling X quantity of coins does not mathematically imply selling X+Y quantity of coins. In other words, price would go down temporarily if someone decided to sell a hundred thousand coins, but that is all. These doomsday extrapolations are just silly - go back to losing money via leveraged shorts on Bitfinex, MTC.)

I think you guys are all wrong. If he sold, BTC would crash and then simply recover after a few weeks. The fundamentals wouldn't have changed, and many people would welcome the chance to snap up some cheap coins.

Heck, I HOPE he'll sell.

Nonsense.  The network would still have value and people would be insane to not buy at a fraction of a penny.  I tell you what since you are "worried" about it going to zero, if Satoshi dumps them all I will buy any unbought coins at the first recorded exchange rate of 1,309.03 BTC per dollar.  If we guestimate that Satoshi has one million coins that would be a grand total of $763.93 to buy them all.

See it won't go to zero.  Of course I will never be able to buy that low, but now you can stop panicking about it going to zero.

Where do you get 13M from and no unless you are calling me a liar it won't go to zero.  I will buy all the unbought coins at the first recorded exchange rate (1,309.03 BTC per dollar) even if every coin on the planet was sold it would only cost me <$10,000.  I think the network is worth many magnitudes more than that so yeah I would buy em all.

So standing open order from me.  I will buy Satoshi (and anyone else's) coins for 1,309.03 BTC per dollar in the event Satoshi sells them.

If satoshi dumped his coins and BTC went down to $0.10 I'd somehow pony up $120k, buy up all existing Bitcoins, , then trade with myself on Bitstamp to make the biggest rally in existence so BTC gets to $10k, and then sell 12 of my coins back to the world at large. If you think nobody would buy you're nuts.

Satoshi has 1'300'000 BTC.

How deep is the complete order book on the most liquid exchange, Bitstamp? 30K BTC? 50K BTC?

Y'all say ya would dive in on double and single digit coins, but the reality is that the first sign on the blockchain of Satoshi moving his coins around and this market would freak right out and dump a shit ton. There are millionaires in Bitcoinland who if not for their lucky investments, would be flipping burgers in McDonalds (billyjoeallen?). Bitcoins nominal worth is held up by the fact that less than 10% of these mined Bitcoins are in circulation. Take 10% of all the Bitcoins in existence and dump them on the market then Bitcoin is over.

Of course, they won't go to zero, but then neither will Maxcoin go to zero.