Yeah, you can't sell 1 million BTC in one go, but you can sell it slowly over long period of time and use OTC whenever possible, so I have no doubts that theoretically Satoshi could convert his BTC stash into hundreds of millions of dollars. It's the same as with billionaires and their networth - they don't literally have billions in their pockets, but they can quickly create the needed sum if they want to spend money.


500 Bitcoin's won't make such a big swing, it would only drop the price by $100-200. Check the market depth.

What has always cracked me up is people think that Satoshi only has as many bitcoins as we can see from his  known address.  The truth of the matter is know one has a clue how many bitcoins they own. The creator of bitcoin could certainly have created other wallets and owned other bitcoins that we are unaware of.

Nah, I doubt it. I think Satoshi will remain not selling his holdings. Based on what have you said, we all knew that btc's price is climbing up year by year thus making everytime a good time to exit. So it's really impossible that greed never kicked in most especially during its ATH because you can generate a lot of money from that. Maybe Satoshi really don't care about the money, maybe he is already happy on what he contributed to all of us .

For me, this will not matter anymore at all especially as the time goes by, we are still not dropping at 0$.
Even if we say Satoshi will sell all of his/her Bitcoin and price of Bitcoin will drop to below $3,000? $1,000? So what's next?
We are not sure that cause of those drops, we don't have 100% proof. Maybe it's just a coincidence? Who knows.

That's possible and likely, as a creator you would want to test as many wallet and test the transfer rate and the fee that will incur, so it's very likely that the real Satoshi has many wallets and we never know if he is actively trading those coins and he is just waiting for the right time to move the coins that are in his main wallet.

So.. what's your point? Satoshi selling some would most definitely make a temporary commotion, but it really doesn't matter. His coins, his money. That, and we're mostly talking about bitcoin's current valuations. I think most of us here agree that bitcoin could be worth a lot more in the future.

Why would he do that though?

There is this theory about good and bad Satoshi Nakamoto. If he plans to sell the Bitcoin he's holding when the price is at the peak, then he is a Bad Satoshi. If he keeps it and since he's just holding it, meaning he's a good Satoshi. He is manipulating for the own good of Bitcoin. Saying that, he will not just sell all of his Bitcoins.

that is what i meant.
first of all you can't tell if a transaction is for "selling" bitcoin or simply "moving" coins despite what OP says, and even though the amount looks big, it is not going to cause mass panic to be able to end up with an 80% market crash. for such a gigantic crash at least 100k bitcoin need to move from known Satoshi addresses (not just outputs from early years) while manipulators dump large amounts on the market.

"Trouble in the market"?So a less than 10% Bitcoin price drop is a "trouble in the market"?Are you serious,OP?
The guy that moved those 2009 bitcoins isn't Satoshi.
Satoshi owns around 1M Bitcoins.Even if the Bitcoin price drops 2-3K dollars,he is still a multimillionaire.
What do you mean by "isn't that rich"?He isn't selling or using his BTC,which means that he's not rich at all.
We don't know if he is alive,discussing his BTC wealth(that he never used) is pointless.

At the year started Satoshi Nakamoto is not rich because he just hold a huge amount of the bitcoin and from that year it does not have enough value by the time goes by the market price of the coin increases and every time it rapidly increases he makes a withdrawal on it that gives him a lot of enough funds to make huge money. If you are a person you will not sell all of your market investment in just a single day because if you are one of the sources if the bitcoin the price of the coin will now lose and decrease that many people getting affected in this kind of movement. One of the best ways is to make an investment while the market is low and wait for the opportunity to sell your coins but not all of your coins and repeat this cycle if Satoshi Nakamoto does this kind of method or process will become one of the billionaires among all others.


Having a good market strategy is the key to gain a lot of money if you will grab the opportunity when is the market will become in demand it gives you a huge chance to make more profits. Still it takes time before you get your income.