Bitcoin Forum

He's holding lots of BTC and could be holding lots of ETH.  As these two cryptos become a combined market cap in the trillions, Nick Szabo aka Satoshi Nakamoto could be worth billions.  Another legendary feat in wealth creation by a possible future titan in a new industry.  

Why you so sure that Shabo is Satoshi?

1) How is this a altcoin discussion?
2) You're speculating.
3) Pass me some of the stuff you're smoking. Got stuck with some code.

You don't think Nick Szabo is a top choice to be the man behind Satoshi?  Why...?

It's pure speculation. There are many more people who could be "Satoshi".
But, I don't believe that "Satoshi" was/is an individual.

1) Because Nick Szabo spoke at DevCon1, Ethereum's last major conference.  How many alt's can say that?  There is no other alt that Nick Szabo has gotten this involved in, let alone really cared about.

When the n00bs start spreading nonsense to support their arguments... (come on guys realize who you are up against here, you can't get away with nonsense when I am around)

Szabo has denied (https://twitter.com/nickszabo4/status/485970285254815745) being Satoshi.

And Szabo says "Centralization is insecure", thus I can now conclude (and this is second time I've seen Szabo make a technical error), that Szabo has no clue that Ethereum's planned Casper won't work and will result in centralization (https://bitcointalk.org/index.php?topic=1359709.msg13841923#msg13841923).

http://static6.uk.businessinsider.com/image/5645db232491f9ef2a8b4b60-1117-838/xxs9p5x.jpg

Same thing the butthurt Bitcointards said to me in 2013 when I predicted (https://bitcointalk.org/index.php?topic=1359709.msg13843789#msg13843789) the scalecopalypse that is underway now in Bitcoin. My antagonists from 2013 are now silent as I was proven correct.

Same smell again when I explain the Vitalik is not the god you think he is.

I am more capable than Vitalik in some ways (not in math but in other aspects of software development, strategy, user adoption marketing, etc).

I really suck at putting together a scheme to take $millions from naive speculators. My conscience won't allow me to put the vapor before the ICO.

and at least one other one

https://www.youtube.com/watch?v=cDO09EVFSmg

I find it hard to believe that Satoshi is 'money grabbing'.  He believes in Ethereum.

This is another essence of my technological point which I have stated previously as follows:


Laymen let me attempt to explain this to you.

Putting Smart Contract data on a global block chain means that as those contracts interact, it is impossible to prove that the order that the contracts are run is commutative and that the contracts will halt.

This is well known because Turing Completeness (the ability to run any logic) requires unbounded recursion. This is the essence of the famous Halting Problem.

All you laymen need to know is that Ethereum and Nick Szabo propose that which is impossible. I told Charles Hoskinson (https://www.linkedin.com/in/charles-hoskinson-1a95a4b4) this in Skype when he was contemplating forming Ethereum with Vitalik (I guess before it became a bigger thing with many others involved).

Ethereum responded by inventing gas, so that scripts would halt by failing once their gas is exhausted. This is horrific because it means the state machine is put into an indeterminate state. Indeterminism manifests as errors and chaotic machines that do random actions. On top of that, Vitalik recently admitted in one of the videos I watched that they know Ethereum violates commutativity (and they have no real solution).

WATCH IT BLOW UP FOLKS!

Nick "Satoshi" Szabo has just made another huge blunder by not realizing the above, as enet correctly points out. So please stop telling me Szabo is at Satoshi's level. Not even close.

I'm not 100% sure.  He's my top choice.  And I know I'm not the only one who thinks so...

He's not holding ETH ...

There is no way Nick Szabo is/was Satoshi,

1) they are not ideologically aligned, Satoshi would not go on to work for a banking lobby like RC4
2) If he was Satoshi he wouldn't have rage-quit bitcoin like he did.
3) Satoshi is estimated to own over 1,000,000 early bitcoins that have never been moved. If Satoshi really gave up on bitcoin he would have at least sold some of these,


Also back in November 2013 when bitcoin was 1000+ everyone was talking about how Satoshi was the first bitcoin billionaire

https://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto

^ Wut?  Why so mad bro?

Edit:  And aren't you the guy who scammed the NXT community?  I think DecentralizedEconomics mentioned that it's you...  Gonna ask him on that one.

Wtf? Where did that come from? Naw. I just pointing out your bs.

I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.

What makes you thinking that Satoshi is interested and invested into Ethereum?

He doesn't think. He just wants the ETH price to go up, so he says what ever he thinks will entice naive speculators to follow his implied 11th BongHit Bible commandment, "Thou shall buy more of what ever I am pumping".

Sourgrapes.

How new Alts / Scamcoins steal your Bitcoins


It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins
that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new.
It doesn’t take much work - a new scam coin is born.   Most of the devs who create these coins have only one intention - to steal bitcoins from others.  This explains how they do it. 


First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on.
After the coin is up and ready for launch it is  Announced on various sites - bitcointalk.org, reddit, etc.


They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already
have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they
intend to get your Bitcoins.   They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it.  They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.


Then the day comes where they decide to make their move. They start by buying up the orders on
the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of.  This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways.  After us innocent, unsuspecting users see that this alt
is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off.  As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy
up any lower bitcoin orders still on the books.   Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.

A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum.

https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/

Sure...  Hypocrite.

And who says I'm lying?  Szabo is Satoshi.

What makes you thinking that Satoshi is interested and invested into Ethereum?

Eth is the only crypto project Shabo seems to be talking positively and be interested in:
http://www.businessinsider.com/nick-szabo-ethereum-bitcoin-blockchain-history-satoshi-nakamoto-2015-11

I’m not a fan of the term “smart contracts”. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now let’s put both of these meanings aside.

I want to focus here on “smart contracts” in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled “A Next-Generation Smart Contract and Decentralized Application Platform”.

The only reason people think Szabo could be Satoshi is that his experience in digital the field of digital currency and his reputation, That's it. There have been nearly 100 people publishing papers on digital money for decades anyone of them could potentially Satoshi. Anyone that thinks some bullshit generic circumstantial evidence has relevance or is proof is ignorant and/or pushing an agenda.

In this case it seem your agenda is to shill for etherum. You could easily make the case that Satoshi whoever he is, is really wealthy but that doesn't have anything to do with ETH which seems to be what your real motive for this topic is. I thought you were a solid bitcointalk contibuter but now i see you are just one of the trolls.

And why don't you go read about how dumb Szabo is about the smart contract issue:

https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882

There is the video of him not understanding the externalities issue and Turing completeness (see above link).

And then add this:


And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump.

How about getting in touch with reality.

I don't buy any of those alternative currencies. But Nick Szabo (probably not Satoshi, I don't buy that either) has been publishing about smart contracts for decades. He's (probably) more interested in the potential of the new block chain than speculating on ether tokens. imho.

What makes you thinking that Satoshi is interested and invested into Ethereum?

Woohoo look at you, you're so smart, yet all you do is whine around the forum thinking how dumb everybody is and how we're all beneath you.  Yet that's all you do, whine and baghold your mined shit coins.  Haha :D

How new Alts / Scamcoins steal your Bitcoins


It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins
that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new.
It doesn’t take much work - a new scam coin is born.   Most of the devs who create these coins have only one intention - to steal bitcoins from others.  This explains how they do it. 


First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on.
After the coin is up and ready for launch it is  Announced on various sites - bitcointalk.org, reddit, etc.


They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already
have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they
intend to get your Bitcoins.   They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it.  They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.


Then the day comes where they decide to make their move. They start by buying up the orders on
the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of.  This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways.  After us innocent, unsuspecting users see that this alt
is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off.  As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy
up any lower bitcoin orders still on the books.   Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.

A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum.

https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/

Thats pretty funny coming from a person who openly admits he's developing a scamcoin of his own. and the main target market seems to be "the idiots that browse this forum". In your words.  

You are the one daydreaming about becoming filthy rich from a scamcoin you develop.  

You've got issues.

While there is plenty of evidence to show Nick Szabo in collusion with other cypherpunk members pre-2009 regarding Bitcoin scientic research shows roughly ~2 million BTC have ever been moved into circulation from their coinbase block. That said, there is only 100's of millions of USD liquid to cover all BTC which means nobody can be a Bitcoin billionaire since it works on a fractional reserve system through exchsnges with majority (7x) kept out of circulation. Go read on what hoarding did during the american grest depression.  ::)

How scientific is this research would you say? On a scale of 1 to 10. (10 being totally scientific, 1 not scientific at all).

Parsing the blockchain for unspent coinbase is an exact science. 8)

People on bitcointalk will continue to deny mounting evidence.  Even nick himself pretty much admits that he was satoshi.  The mental gymnastics some people here go through to convince themselves contrary to obvious facts staring them in the face is pretty insane.

That’s where truth comes from — the gut. Facts come from the brain — and some people think that makes facts better. But did you know you have more nerve endings in your stomach than in your brain? You can look it up….

Anyone can tell the news to you. I’m going to feel the news at you

People on bitcointalk will continue to deny mounting evidence.  Even nick himself pretty much admits that he was satoshi.  The mental gymnastics some people here go through to convince themselves contrary to obvious facts staring them in the face is pretty insane.