Why do people invest in BTC when the owner could literally at

Because satoshi nakamoto is probably dead,his coins havent moved for years,and he wouldnt just dump all his coins anyway.

>>1833851
that's where youre wrong kiddo

the banks created bitcoin so theycould burn the entire market with a stunt like this

crypto would be dead forever

>>1833863
dumping 1 million bitcoins on the market would cause a crash but certainly wouldnt kill bitcoin

>>1833845

its not gonna happen

even if satoshi is/are still alive he would know that most of his coins would pretty much equal a giant premine, thus he/they refrain from dumping

personally i think the coins will never move again

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>>1833845
>why do people invest in currency that the owner can create more of
>2017 not realizing the fed plays similar games and recessions are another game of it.
>theyve been doing this for 100 years

>>1833845
>when the owner could literally at any moment release 1 billion worth of BTC into the market

you what

>>1833845
In theory banks could do just that and we would end up with Rwanda-style inflation on a global scale.

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>>1835619
>1 billion worth
literally nothing in the big global scheme of everything

>>1833845
This is actually valid point. It will need to be addressed somewhere in the future assuming there is demand for mainstream-use crypto.

Before that, just enjoy the ride.

>>1833863
seems like a huge waste of time propping up a currency for a decade in hopes that people would use it

Do the folks from localbitcoins identify you in any way? My friend wants to change some cash.

>>1836109
Why not use blockchain technology to manage ledgers? On what scale is this idea being implemented?

>>1833888
>personally i think the coins will never move again
sooner or later their key will prove weak and someone will spend them even if they would otherwise be lost.