Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: AGD on August 04, 2015, 04:58:31 PM



Title: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: AGD on August 04, 2015, 04:58:31 PM
Fake?

https://blockchain.info/de/address/1JfbZRwdDHKZmuiZgYArJZhcuuzuw2HuMu


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: spazzdla on August 04, 2015, 05:02:43 PM
I can't use blockr.io at work...

any other blockexpolers see this move?


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: BadBear on August 04, 2015, 05:02:53 PM
Yes, it's fake.


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: unamis76 on August 04, 2015, 05:05:13 PM
Does not show up at blockr.io. How is blockchain wrong? Any bug?


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: spazzdla on August 04, 2015, 05:06:56 PM
Yes, it's fake.

That's no fun... so much for that excitment.


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: Jdj1727 on August 04, 2015, 05:07:33 PM
So, it's fake? Hack?


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: LiteCoinGuy on August 04, 2015, 05:11:31 PM
FAKE! This is real:

http://up.picr.de/22730056la.jpg


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: dothebeats on August 04, 2015, 05:13:46 PM
Uhhm, nope. blockr.io still gives me 50.00001000 as the final balance of that address. http://btc.blockr.io/address/info/1JfbZRwdDHKZmuiZgYArJZhcuuzuw2HuMu So much excitement, I thought someone still have the control of that address.

EDIT: Why does blockhain.info returns a different output?
https://blockchain.info/address/1JfbZRwdDHKZmuiZgYArJZhcuuzuw2HuMu (can't post a screenshot)


Title: Re: [Fake] Satoshi Nakamoto moving his coins at this moment !!!
Post by: erre on August 04, 2015, 05:15:34 PM
But what happened?


Title: Re: [Fake] Satoshi Nakamoto moving his coins at this moment !!!
Post by: 1000000 on August 04, 2015, 05:16:10 PM
Fake?
It's a bug @ blockchain.info, everything is ok.


Title: Re: [Fake] Satoshi Nakamoto moving his coins at this moment !!!
Post by: anderson00673 on August 04, 2015, 05:16:17 PM
Awww, I got excited there for a moment.  I guess it is good if satoshi's coins stay out of circulation.


Title: Re: [Fake] Satoshi Nakamoto moving his coins at this moment !!!
Post by: shane on August 04, 2015, 05:17:45 PM
https://blockchain.info/de/address/1B8BgCRpoJvwTtwVczRLvUiGY6PToqAJ3E

I think this adress from bitmixer 1B


where you know that is satosi nakamoto ?


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: GermanGiant on August 04, 2015, 05:19:00 PM
Yes, it's fake.
I dont get it. https://blockchain.info/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX is a known Satoshi address and this tx is showing that the coins are out...

https://blockchain.info/tx/26d80a02ebdd9886b5a859c69c3470b2150488324e31f309d7981f575662a726


Title: Re: [Fake] Satoshi Nakamoto moving his coins at this moment !!!
Post by: dothebeats on August 04, 2015, 05:22:19 PM
https://blockchain.info/de/address/1B8BgCRpoJvwTtwVczRLvUiGY6PToqAJ3E

I think this adress from bitmixer 1B


where you know that is satosi nakamoto ?

Most of the assumed Satoshi Nakamoto's addresses received a transaction from 2009 - early 2010. The only miner that time was satoshi and it is logical to believe that because he was the only miner, he would also receive the first coins to his addresses.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Snorek on August 04, 2015, 05:23:53 PM
It is interesting what is goin on here people are speculating hard, if you want to know more there is big discussion on reddit right now about this:
https://www.reddit.com/r/Bitcoin/comments/3frht4/satoshi_nakamoto_moved_today_for_the_first_time/ (https://www.reddit.com/r/Bitcoin/comments/3frht4/satoshi_nakamoto_moved_today_for_the_first_time/)


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: achow101 on August 04, 2015, 05:41:26 PM
So what exactly happened to bc.i?

I think they are probably under attack, as it seems that they only have 36 nodes connected instead of their usual 2000-ish.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: tss on August 04, 2015, 05:44:21 PM
yes people.  no need to worry.  the coins have NOT actually moved. 

seems to be a bug on blockchain.info only.  they are not valid transactions. 

other sites report the coins have NOT moved.

/panic


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: GermanGiant on August 04, 2015, 05:45:06 PM
So what exactly happened to bc.i?

I think they are probably under attack, as it seems that they only have 36 nodes connected instead of their usual 2000-ish.

They have given an update on twitter...

Quote
Funds attributed to Satoshi Nakamoto have not moved. They are unconfirmed by the Bitcoin network and likely spoofed. More details to follow.

https://twitter.com/blockchain/status/628615828997586945


Title: Re: Satoshi Nakamoto moving his coins at this moment !!!
Post by: Yamato no Orochi on August 04, 2015, 05:45:17 PM
Yes, it's fake.
I dont get it. https://blockchain.info/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX is a known Satoshi address and this tx is showing that the coins are out...

https://blockchain.info/tx/26d80a02ebdd9886b5a859c69c3470b2150488324e31f309d7981f575662a726

check that address using other block explorer. they are actually still there.
http://btc.blockr.io/address/info/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX
http://btc.blockr.io/address/info/1B8BgCRpoJvwTtwVczRLvUiGY6PToqAJ3E


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: unamis76 on August 04, 2015, 06:47:52 PM
It seems blockchain is releasing statement later today. Meanwhile they're only connected to 22 nodes. Maybe they're systems crashed and somehow some nodes were relaying fake info and they got those? Or maybe they were "trapped" connecting to nodes relaying fake information? Is this possible?


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: ikydesu on August 04, 2015, 06:57:54 PM
What happens to blockchain ???

They block explorer has been broken ???


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: amiryaqot on August 04, 2015, 07:03:12 PM
What happens to blockchain ???

They block explorer has been broken ???

blockchain got some kind of serious issue with their nodes so it is showing some fake transaction which are not happened in real, block explorer working but not showing the accurate value of transaction while other block explorer working fine.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: --Encrypted-- on August 04, 2015, 07:12:13 PM
blockchain and their issues. I don't feel safe storing my btc there anymore. time to switch to electrum.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: dothebeats on August 04, 2015, 07:18:27 PM
blockchain and their issues. I don't feel safe storing my btc there anymore. time to switch to electrum.

You better did that back then. blockchain.info was known to have several bugs and security flaws for a time now, and it isn't even advisable to store your coins in an online wallet. The mobile app is fine, but with the recurring bugs and security issues, I don't think people would still be confident on doing business with blockchain.info.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: GermanGiant on August 04, 2015, 07:24:00 PM
blockchain and their issues. I don't feel safe storing my btc there anymore. time to switch to electrum.

You better did that back then. blockchain.info was known to have several bugs and security flaws for a time now, and it isn't even advisable to store your coins in an online wallet. The mobile app is fine, but with the recurring bugs and security issues, I don't think people would still be confident on doing business with blockchain.info.
There are not many good alternatives. As long as you have the private keys of your addresses on blockchain.info and you do not do address re-use, I dont see a reason to worry.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: coinpr0n on August 04, 2015, 07:41:49 PM
There seems to be a problem with blockchain.info's (pushtx) API...

https://twitter.com/maraoz/status/628628997211996160

Quote
Manuel Aráoz ‏@maraoz  2h
Just managed to "spend" block reward from block 1000 https://blockchain.info/tx/2e6832a424b1984005deb0a9b7a32a557828677c4078d16986870171dde813ec … - confirming it's a problem with bc.i pushtx API


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: redsn0w on August 04, 2015, 08:03:59 PM
Now it seems that the problem has been resolved. Check the bitcoin address(es):

- https://blockchain.info/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX
- https://blockchain.info/address/1JfbZRwdDHKZmuiZgYArJZhcuuzuw2HuMu


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Scaccomatt0 on August 04, 2015, 08:16:06 PM
i was excited like my first date and going to the first base  :D

at the end it's better that those coins remain unspent


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: spazzdla on August 04, 2015, 08:20:20 PM
blockchain and their issues. I don't feel safe storing my btc there anymore. time to switch to electrum.

You only use one wallet type... why?

Blockchain.info is the perfect "spending" wallet.   Using it for cold storage is a terrabad idea though, terrabad.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: --Encrypted-- on August 04, 2015, 08:26:17 PM
blockchain and their issues. I don't feel safe storing my btc there anymore. time to switch to electrum.

You only use one wallet type... why?

Blockchain.info is the perfect "spending" wallet.   Using it for cold storage is a terrabad idea though, terrabad.

I don't have any reason to use a cold storage at the moment (because I always spend my btc) so one wallet type is fine. and I've been wanting to switch to electrum for a while now, anyway.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: americanpegasus on August 04, 2015, 09:55:10 PM
This is exactly why we need Monero and private blockchains.  This is a ridiculous issue to have.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: unamis76 on August 04, 2015, 10:07:11 PM
This is exactly why we need Monero and private blockchains.  This is a ridiculous issue to have.

If the coins really moved and it was unknown they did, the market wouldn't have the chance to move down so everyone could buy more coins... :D Downsides in everything, I guess :)


Still waiting for that statement from blockchain, genuinely curious about what happened.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: dothebeats on August 04, 2015, 10:10:50 PM
This is exactly why we need Monero and private blockchains.  This is a ridiculous issue to have.

If the coins really moved and it was unknown they did, the market wouldn't have the chance to move down so everyone could buy more coins... :D Downsides in everything, I guess :)


Still waiting for that statement from blockchain, genuinely curious about what happened.

Yeah the problem seems to be persisting and targeting the assumed addresses of Satoshi, which might cause some excitement and whatnot over the folks that are too eager to know who he/she is. I thought it's a pushtx API problem?

There seems to be a problem with blockchain.info's (pushtx) API...

https://twitter.com/maraoz/status/628628997211996160

Quote
Manuel Aráoz ‏@maraoz  2h
Just managed to "spend" block reward from block 1000 https://blockchain.info/tx/2e6832a424b1984005deb0a9b7a32a557828677c4078d16986870171dde813ec … - confirming it's a problem with bc.i pushtx API


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: unamis76 on August 04, 2015, 10:16:10 PM
This is exactly why we need Monero and private blockchains.  This is a ridiculous issue to have.

If the coins really moved and it was unknown they did, the market wouldn't have the chance to move down so everyone could buy more coins... :D Downsides in everything, I guess :)


Still waiting for that statement from blockchain, genuinely curious about what happened.

Yeah the problem seems to be persisting and targeting the assumed addresses of Satoshi, which might cause some excitement and whatnot over the folks that are too eager to know who he/she is. I thought it's a pushtx API problem?

There seems to be a problem with blockchain.info's (pushtx) API...

https://twitter.com/maraoz/status/628628997211996160

Quote
Manuel Aráoz ‏@maraoz  2h
Just managed to "spend" block reward from block 1000 https://blockchain.info/tx/2e6832a424b1984005deb0a9b7a32a557828677c4078d16986870171dde813ec … - confirming it's a problem with bc.i pushtx API

So it seems, but that's not an official blockchain source...


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: dothebeats on August 04, 2015, 10:30:14 PM
This is exactly why we need Monero and private blockchains.  This is a ridiculous issue to have.

If the coins really moved and it was unknown they did, the market wouldn't have the chance to move down so everyone could buy more coins... :D Downsides in everything, I guess :)


Still waiting for that statement from blockchain, genuinely curious about what happened.

Yeah the problem seems to be persisting and targeting the assumed addresses of Satoshi, which might cause some excitement and whatnot over the folks that are too eager to know who he/she is. I thought it's a pushtx API problem?

There seems to be a problem with blockchain.info's (pushtx) API...

https://twitter.com/maraoz/status/628628997211996160

Quote
Manuel Aráoz ‏@maraoz  2h
Just managed to "spend" block reward from block 1000 https://blockchain.info/tx/2e6832a424b1984005deb0a9b7a32a557828677c4078d16986870171dde813ec … - confirming it's a problem with bc.i pushtx API

So it seems, but that's not an official blockchain source...

Yep, until now no official reports from blockchain.info. Makes me wonder what is really happening with their service and block explorer.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: smiletyson on August 04, 2015, 10:56:31 PM
It seems blockchain is releasing statement later today. Meanwhile they're only connected to 22 nodes. Maybe they're systems crashed and somehow some nodes were relaying fake info and they got those? Or maybe they were "trapped" connecting to nodes relaying fake information? Is this possible?
Yes it's possible to take fake info. But it's not possible pool them because you need "digital signature"...


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: errornone on August 04, 2015, 11:03:45 PM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Mikestang on August 04, 2015, 11:09:44 PM
"Funds attributed to Satoshi Nakamoto have not moved. They are unconfirmed by the Bitcoin network and likely spoofed. More details to follow."

Source: https://twitter.com/blockchain/status/628615828997586945


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: achow101 on August 05, 2015, 01:30:12 AM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Za1n on August 05, 2015, 02:28:15 AM
About time he gets around to spending them. The sooner those mystery coins are in circulation the sooner they can get priced in the market and Bitcoin can take off. There is probably a lot of fear that if the market got too high in the future, say in the $10,000 per BTC range those millions would suddenly be shaken loose and the market dump.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: philipma1957 on August 05, 2015, 02:31:46 AM
About time he gets around to spending them. The sooner those mystery coins are in circulation the sooner they can get priced in the market and Bitcoin can take off. There is probably a lot of fear that if the market got too high in the future, say in the $10,000 per BTC range those millions would suddenly be shaken loose and the market dump.


Very good point  they hang over the heads of all of us like the sword of Damocles .


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: franky1 on August 05, 2015, 02:32:35 AM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands



Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Amitabh S on August 05, 2015, 03:22:48 AM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands



How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: franky1 on August 05, 2015, 03:38:37 AM

How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.

there is no bug in bitcoin.. there was however a bug in the website known as blockchain.info where it displayed data wrong.. this is more evidence that people should stop trusting centralised services.. because even if they have good morals and ethics, they can still mess up


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: achow101 on August 05, 2015, 03:43:30 AM
How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.
I think they were sybil attacked. My idea of how they were attacked is as follow:

Somehow bc.i was disconnected from all of the nodes they had previously been connected to. Then an attacker proceeded to perform a sybil attack by attempting to make sure that bc.i's node was connected only to the attacking nodes. The attacker then created an orphan chain starting at block 1 and fed that to blockchain.info. Then they included several transactions which spent the early coins and made it seem as if Satoshi had moved his Bitcoin. Since many people use bc.i, they were tricked into thinking that Satoshi had moved his coins.

What I posted above is absolutely what happened, but is what I think is most likely to have happened.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: coinpr0n on August 05, 2015, 06:45:41 AM
How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.
I think they were sybil attacked. My idea of how they were attacked is as follow:

Somehow bc.i was disconnected from all of the nodes they had previously been connected to. Then an attacker proceeded to perform a sybil attack by attempting to make sure that bc.i's node was connected only to the attacking nodes. The attacker then created an orphan chain starting at block 1 and fed that to blockchain.info. Then they included several transactions which spent the early coins and made it seem as if Satoshi had moved his Bitcoin. Since many people use bc.i, they were tricked into thinking that Satoshi had moved his coins.

What I posted above is absolutely what happened, but is what I think is most likely to have happened.

I don't think so. It's not necessary to go through all that. My theory...

BC.i deals with a ton of tx's constantly. The problem seems to lie in their pushtx API. Polling a full node for every time transaction they receive a transaction is not feasible - it would be very slow. So, they must be implementing their own backend system for receiving these transactions. This API backend implementation is probably not doing all the checks it should be and ends up accepting invalid txs. /Theory


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: errornone on August 05, 2015, 10:57:55 AM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

oh ok. Thank you for that.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: TinEye on August 05, 2015, 11:48:57 AM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands



for how he mined alone, because the diff was very low around 1 if i'm right, which mean that you can mine something like 10k bitcoin or even more, a day, right?
and with that rate he only need 3 months to accumulate 1M, i think he was very near 1M or more if it wasn't for some coins that he might lose


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: shane on August 05, 2015, 11:53:50 AM
Transaction rejected by our node. Reason: Non-canonical signature: wrong type https://blockchain.info/tx/26d80a02ebdd9886b5a859c69c3470b2150488324e31f309d7981f575662a726


so blockchain fix this bug ?  ???


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: coinpr0n on August 05, 2015, 12:39:43 PM
Some dude has "admitted" to doing it: https://www.reddit.com/r/Bitcoin/comments/3fv42j/blockchaininfo_spoofed_transactions_problem_aug_4/

As far as I know still no word from the Blockchain.info folks.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: shane on August 07, 2015, 02:43:01 PM
http://www.coindesk.com/no-satoshi-nakamoto-hasnt-moved-a-thing/

coindesk confirm it


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: AtheistAKASaneBrain on August 07, 2015, 02:59:08 PM
How did this bug happen? I haven't seen any details by bc.i.

Somehow bc.i showed a fake tx. How? Whats the tx hex? Wat this signed properly? etc etc.. May questions.
I think they were sybil attacked. My idea of how they were attacked is as follow:

Somehow bc.i was disconnected from all of the nodes they had previously been connected to. Then an attacker proceeded to perform a sybil attack by attempting to make sure that bc.i's node was connected only to the attacking nodes. The attacker then created an orphan chain starting at block 1 and fed that to blockchain.info. Then they included several transactions which spent the early coins and made it seem as if Satoshi had moved his Bitcoin. Since many people use bc.i, they were tricked into thinking that Satoshi had moved his coins.

What I posted above is absolutely what happened, but is what I think is most likely to have happened.

I don't think so. It's not necessary to go through all that. My theory...

BC.i deals with a ton of tx's constantly. The problem seems to lie in their pushtx API. Polling a full node for every time transaction they receive a transaction is not feasible - it would be very slow. So, they must be implementing their own backend system for receiving these transactions. This API backend implementation is probably not doing all the checks it should be and ends up accepting invalid txs. /Theory
I haven't researched what happened in dept but my theory is someone random that's pretty smart accidentally (or willingly) found the exploit and used it to try to fake a panic sell by making people think Satoshi was about to dump his fortune.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: S4VV4S on August 07, 2015, 03:00:36 PM
satoshi only has 50 BTC?  ???
I thought he has 1 million of them.
He has a lot, estimated to be a little more than 1 million. However, his Bitcoin is spread over several hundreds, maybe thousands, of addresses when he was mining Bitcoin in the early days.

nope.. its far less than 1million.. in the first few days he was throwing away addresses purely for debugging. so lots are just lost. then people like hal finney joined him in mining along with another 6 in those very early days.. by the end of 2009 there were more than a dozen people mining..

so not that much stayed in satoshi's hands



for how he mined alone, because the diff was very low around 1 if i'm right, which mean that you can mine something like 10k bitcoin or even more, a day, right?
and with that rate he only need 3 months to accumulate 1M, i think he was very near 1M or more if it wasn't for some coins that he might lose

Actually it's 7200 coins per day (back then), and he wasn't mining alone.
Hal Finney himself said that when Satoshi announced the release of the software he grabbed it straight away and started mining.
He actually gave a lot of input to Satoshi regarding the software AFAIK.

EDIT:
I haven't researched what happened in dept but my theory is someone random that's pretty smart accidentally (or willingly) found the exploit and used it to try to fake a panic sell by making people think Satoshi was about to dump his fortune.

coinpr0n gave a link (a couple of posts above yours) to the excplaination of what happened by the guy that did it ;)


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Shattered on August 07, 2015, 03:10:21 PM
Some dude has "admitted" to doing it: https://www.reddit.com/r/Bitcoin/comments/3fv42j/blockchaininfo_spoofed_transactions_problem_aug_4/

As far as I know still no word from the Blockchain.info folks.

I wish people with this amount of higher level thinking would stop wasting their talents on detrimental things that give crypto a black eye.

Scary sounds in the night scare sheep - Average people see stories like this and run away.



Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: |Bitcoin| on August 07, 2015, 03:25:13 PM
If blockchian.info was real the price of btc gonna spark very fast. I dont know if it will fall or rise. I juat hope that satoshi nakamoto keep is keys to juat himself.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: unamis76 on August 07, 2015, 05:31:48 PM
Wow, what an amazing explanation (https://twitter.com/blockchain/status/628983661556297728) ::)


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: juankburke on August 08, 2015, 03:24:30 AM
its funny how people get excited whenever satoshi nakamoto is mentioned or his wallet or coins are mentioned lol


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: Yamato no Orochi on August 08, 2015, 07:46:02 AM
its funny how people get excited whenever satoshi nakamoto is mentioned or his wallet or coins are mentioned lol

no surprise there because this forum is comprised of bitcoin users and satoshi is the creator of bitcoin.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: eternalgloom on August 08, 2015, 10:46:07 AM
Got me exited for a bit, too bad it was fake though.
Now I'm wondering if we will ever see his coins move or if he will just keep them there forever.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: bitcoinmasterlord on August 09, 2015, 02:54:02 PM
I can't believe how amateurish the persons behind blockchain.info are. I mean they have this great domain name and a really old and established project that many are using. But then they go ahead and do so many errors that it is not funny anymore.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: bryant.coleman on August 09, 2015, 02:58:36 PM
Hmm... so this one turned out to be fake?  >:(

BTW... how difficult it is to hack any of these wallets? In the Bitcoin sector we are having thousands of hackers and wallet thieves, who are stealing tens of thousands of USD worth of funds every day (Fortunately no one has robbed any of my wallets so far). Has anyone ever hacked in to one of those Satoshi wallets?


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: --Encrypted-- on August 09, 2015, 03:03:37 PM
I can't believe how amateurish the persons behind blockchain.info are. I mean they have this great domain name and a really old and established project that many are using. But then they go ahead and do so many errors that it is not funny anymore.

correct me if I'm wrong but I think the fact that they are the most used bitcoin website only makes it even more difficult to keep everything in order. it's not like things will get easier as their users increase thousands daily.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: achow101 on August 09, 2015, 03:10:23 PM
I can't believe how amateurish the persons behind blockchain.info are. I mean they have this great domain name and a really old and established project that many are using. But then they go ahead and do so many errors that it is not funny anymore.

correct me if I'm wrong but I think the fact that they are the most used bitcoin website only makes it even more difficult to keep everything in order. it's not like things will get easier as their users increase thousands daily.
True but they have made several mistakes over the years that simply point to bad software engineering. In this case they simply failed to validate transactions coming through their pushing mechanism. In other cases such add their android app, they used a bad random number generator.


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: SebastianJu on August 10, 2015, 12:29:39 PM
I can't believe how amateurish the persons behind blockchain.info are. I mean they have this great domain name and a really old and established project that many are using. But then they go ahead and do so many errors that it is not funny anymore.

correct me if I'm wrong but I think the fact that they are the most used bitcoin website only makes it even more difficult to keep everything in order. it's not like things will get easier as their users increase thousands daily.
True but they have made several mistakes over the years that simply point to bad software engineering. In this case they simply failed to validate transactions coming through their pushing mechanism. In other cases such add their android app, they used a bad random number generator.

I have to agree. Over the years an enourmous amount of problems came to light. And seeing the type of errors does make it easy to think that there are no professionals coding.

Anyway... they were not hacked till now. That is something that many other online wallets can't say. I remember wallets claiming to be ultrasecure, only to go down in short time. ::)


Title: Re: [BUG] Satoshi Nakamoto moving his coins at this moment !!!
Post by: bitcollins85 on August 13, 2015, 01:08:50 PM
The Satoshi problem is that he cannot move those coins without utterly crashing their value. It's an unsolvable paradox. I think these coins will never move.