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    Thread: Will Bitcoin fail if Satoshi is found?

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      Alexthedefender04 is offline
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      Will Bitcoin fail if Satoshi is found?

      It's now 10 years since Bitcoin was created, yet many people are wondering who Satoshi Nakamoto might be. It's still today, where the creator of Bitcoin has hidden his/her identity well from the general public. All attempts in finding who created the world's most popular cryptocurrency have failed so far. But we all know that there's no such thing as 100% anonymity. A slight error in covering tracks, could expose your identity within the mainstream world.

      Now, imagine if the real Satoshi's identity is found. If he/she is still alive, governments would be on his/her tail to put him/her in jail or even pay a hefty sum of taxes. Once this happens, Bitcoin might fail within the mainstream world. Of course, the community is what makes Bitcoin great. But I'm sure that the reveal of Satoshi's identity will have an influence (either positive or negative) over the cryptocurrency's price and reputation worldwide.

      What are the odds of Bitcoin's survival once Satoshi is found? Will it continue to operate as is? Or will it fail in the long run? Huh

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      darexgeorgieviya04 is offline
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      My take is that bitcoin is now beyond Satoshi's control, and it's now far bigger than its creator, Satoshi himself can't order a reversal of what has been gained so far in the bitcoin network. I think bitcoin will draw more attention and more persons will be interested in trading bitcoin since the founder is out, this will then create even more mystery. There are some persons in my network who await Satoshi's return.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Mr. Cid is offline
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      It won't happen because Satoshi is an unknown person or entity that brings so much influence on Bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      The Bitcoin will still continue to flourish even Satoshi reveals his identity.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      PALM is offline
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      As at now we cannot fall short to remember that; Bitcoin has grown to an extend that it has out grown it creator, as it has been controlled by community and not the creator. Satoshi if found will enhance more positive growth as he will gear the project fast forward. Although, what we have currently are|is faketoshi and not real Satoshi N. He created the project and now moved on to a bigger and a more complex project according to him/her.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya is offline
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      I don't think that revealing Satoshi's identity will do anything to the growth of Bitcoin. I know that many are curious about who the creator is but revealing who Satoshi is will not start the doom of Bitcoin. That just doesn't make any sense to me.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trader_Rob is offline
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      Quote Originally Posted by Aya View Post
      I don't think that revealing Satoshi's identity will do anything to the growth of Bitcoin. I know that many are curious about who the creator is but revealing who Satoshi is will not start the doom of Bitcoin. That just doesn't make any sense to me.
      I agree with you. Maybe if Satoshi is someone popular who is hated by most people, then it could have an impact. But not so much as to cause the fall of Bitcoin.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Sendo12 is offline
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      Quote Originally Posted by Trader_Rob View Post
      I agree with you. Maybe if Satoshi is someone popular who is hated by most people, then it could have an impact. But not so much as to cause the fall of Bitcoin.
      But I think it still won't have that much of an effect. The identity of the creator of this cryptocurrency does not have anything to do with the performance and significance of the coin itself.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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