# Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin's Creator is Ever Revealed or Sells Their $30 Billion Stake

**URL:** <https://onehack.st/t/coinbase-says-entire-crypto-market-could-destabilize-if-bitcoins-creator-is-ever-revealed-or-sells-their-30-billion-stake/173770>\
**Category:** News & Articles\
**Tags:** documents\
**Created:** [February 26, 2021, 3:06pm UTC](https://onehack.st/t/coinbase-says-entire-crypto-market-could-destabilize-if-bitcoins-creator-is-ever-revealed-or-sells-their-30-billion-stake/173770 "2021-02-26T15:06:58Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![TheStrength](https://onehack.st/user_avatar/onehack.st/thestrength/32/46753_2.png) [@TheStrength](https://onehack.st/u/TheStrength)\
**Post date:** [February 26, 2021, 3:06pm UTC](https://onehack.st/t/coinbase-says-entire-crypto-market-could-destabilize-if-bitcoins-creator-is-ever-revealed-or-sells-their-30-billion-stake/173770/1 "2021-02-26T15:06:58Z")

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[https://s.yimg.com/ny/api/res/1.2/mPoTv7HiGu9s1lVZn2JNMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOS44MDc1/https://s.yimg.com/uu/api/res/1.2/Muk\_sgZAWswCoWpmJ5UM2g--~B/aD0xNTAzO3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/business\_insider\_articles\_888/e7aa8ad8b1acf6416aff983d44f7e5b9](https://s.yimg.com/ny/api/res/1.2/mPoTv7HiGu9s1lVZn2JNMw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOS44MDc1/https://s.yimg.com/uu/api/res/1.2/Muk_sgZAWswCoWpmJ5UM2g--~B/aD0xNTAzO3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/business_insider_articles_888/e7aa8ad8b1acf6416aff983d44f7e5b9)

Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited [as a risk factor Bitcoin’s creator, Satoshi Nakamoto](https://www.yahoo.com/news/coinbase-warns-entire-crypto-market-181031654.html) – the pseudonym used by the person or group of people who created bitcoin. From a report:

_If the identity of the creator was revealed, it could cause bitcoin prices to deteriorate, according to the filing. The filing also referenced Nakamoto’s personal stash of bitcoins, which totals over 1 million. As of February, one bitcoin was worth about $50,000. Nakamoto could negatively affect Coinbase, the company said, and destabilize the entire crypto market if the creator decided to transfer his bitcoins, which are valued at over $30 billion._

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**Author:** ![rerv-Jar2](https://onehack.st/user_avatar/onehack.st/rerv-jar2/32/84361_2.png) [@rerv-Jar2](https://onehack.st/u/rerv-Jar2)\
**Post date:** [March 8, 2021, 12:03am UTC](https://onehack.st/t/coinbase-says-entire-crypto-market-could-destabilize-if-bitcoins-creator-is-ever-revealed-or-sells-their-30-billion-stake/173770/2 "2021-03-08T00:03:36Z")

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Market cap is over 1000 billion today - - 30 is loose change

 ![image](https://onehack.st/uploads/default/original/3X/a/b/abde0f7ecffbd605457811a48f765501ddfd86d7.png)

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**Author:** ![weissko](https://onehack.st/letter_avatar_proxy/v4/letter/w/f19dbf/32.png) [@weissko](https://onehack.st/u/weissko)\
**Post date:** [March 29, 2021, 9:09pm UTC](https://onehack.st/t/coinbase-says-entire-crypto-market-could-destabilize-if-bitcoins-creator-is-ever-revealed-or-sells-their-30-billion-stake/173770/3 "2021-03-29T21:09:23Z")

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I am with Crypto since over 3 years now and still questioning the future 😅 let there be light!