$BTC Here’s a piece of advice regarding the impact of Bitcoin’s creator, Satoshi Nakamoto, on the market. If Satoshi is still alive, there’s a potential risk to Bitcoin’s price stability. Since it’s believed that he owns around 4.5% of the total Bitcoin supply, the market could experience a significant downturn if he decided to sell his holdings all at once. Such a large sell-off would flood the market, causing the price to plummet due to increased supply and panic selling.
On the other hand, if Satoshi is no longer alive, it might have a positive effect on Bitcoin’s future. The coins he owns would essentially be lost forever, reducing the overall circulating supply. This decrease in available Bitcoin would likely drive up scarcity, potentially triggering a surge in demand, which could push prices higher and possibly mark the beginning of a new bull run.
In summary, the fate of Satoshi’s $BTC Bitcoin has a significant influence on the market. If those coins remain untouched, it could lead to reduced supply and higher prices, but if they were ever sold, the market might face a sharp decline. Proceed with caution when considering this aspect of Bitcoin’s future.
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