Liberty Farmer on Nostr: So your thesis is they created something, held onto a million coins, and will wait ...
So your thesis is they created something, held onto a million coins, and will wait until it hits some number, then dump 1M coins, thereby also wrecking their value of said coins.
Meanwhile, Bitcoin revoers from the dump and stakers, plebs, Saylor, exchanges, mallers and others get cheaper Bitcoin.
So worst case is I get to buy cheaper data temporarily.
Sweet.
But no, Satoshi is likely dead or lost the keys. Even if you could avoid slippage on that kind of sale(you can't), the current value is only 94B. The market cap is almost 2T now.
Big deal....
Plus, to sell that it would need to be through a major exchange and they would have toove the coins first, causing major interest and pre dumps.
Published at
2025-05-06 15:13:36Event JSON
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"content": "So your thesis is they created something, held onto a million coins, and will wait until it hits some number, then dump 1M coins, thereby also wrecking their value of said coins.\n\nMeanwhile, Bitcoin revoers from the dump and stakers, plebs, Saylor, exchanges, mallers and others get cheaper Bitcoin.\n\nSo worst case is I get to buy cheaper data temporarily.\n\nSweet. \n\n\nBut no, Satoshi is likely dead or lost the keys. Even if you could avoid slippage on that kind of sale(you can't), the current value is only 94B. The market cap is almost 2T now.\n\nBig deal....\n\nPlus, to sell that it would need to be through a major exchange and they would have toove the coins first, causing major interest and pre dumps.",
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