Seventeen years ago today, Satoshi Nakamoto emailed a nine-page document that would change the world. It introduced the idea of a decentralized financial system built on trustless codes rather than banks or governments.
Satoshi’s 9-page Bitcoin document that built a $1 trillion market
A Bitcoin (BTC) whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was shared on a small crypto mailing list on October 31, 2008.
The idea has since grown into a $2.4 trillion digital market that has transformed the way nations, exchanges, and investors perceive money. Seventeen years later, the Bitcoin whitepaper remains one of the most influential documents in modern finance.
This publication has now sparked a movement involving nation-states, ETFs, and global corporations. This proves that code can outlive its creators and that innovations born during a crisis (such as the 2008 US housing crisis) can redefine how value moves around the world.
Belief in Bitcoin’s long-term potential continues to grow. Recently, Binance founder CZ predicted that Bitcoin will reverse the market cap of gold.
Bitcoin is now the foundation of this transformation. Also, the name Satoshi Nakamoto remains one of the biggest mysteries in technology.
Satoshi’s Bitcoin assets increase by $2.8 billion
According to Arkham Intelligence, the holdings in Satoshi’s long-dormant wallet are now worth about $120.7 billion. His 1,096,000 BTC has never been moved since mining began in the early days of the blockchain.
In the past 24 hours, the value of these coins has increased by approximately $2.8 billion. On TradingView, BTC price rose 2.35% over the past 24 hours to around $110,852, showing renewed bullish sentiment heading into November. The magnitude of that gain highlights the power of Bitcoin’s market volatility.
Institutional beliefs also remain strong. Recently, Michael Saylor’s strategy added to its BTC holdings. Despite Satoshi’s complete silence since 2010, his fortune fluctuates in the billions every day depending on the price of Bitcoin. The previous day, when BTC traded below $109,000, the same holding was worth about $119.5 billion.
Kalsi Traders divides opinion on Bitcoin year-end price
There is a 50% chance that the price of Bitcoin will fall below $100,000 by the end of the year, according to traders on the Karshi Prediction Market.
Meanwhile, veteran trader Peter Brandt revealed that he is currently short BTC futures after noticing a megaphone pattern appearing on the chart.
However, the veteran analyst said he remains a long-term Bitcoin holder. Brandt said it can feel “intellectually and emotionally awkward” to maintain opposing positions in different time frames. He pointed out that his views on Bitcoin are different for investors and swing traders.
Does anyone else besides me find it a bit intellectually/emotionally awkward to hold opposing positions in accounts designed to trade on different systems/time frames?
As an Investor I’ve Owned Bitcoin for Years
As a swing trader, I am now running out of $BTC Futures based on megaphone pic.twitter.com/bZZDwbypSh— Peter Brandt (@PeterLBrandt) October 30, 2025