Bitcoin Forum

Economy => Speculation => Topic started by: Elwar on March 06, 2014, 02:53:07 PM



Title: Prediction of price due to Satoshi's reveal?
Post by: Elwar on March 06, 2014, 02:53:07 PM
I predict a panic sell by some weak hands, unfortunately it will probably bounce back before my paycheck arrives in my bank tomorrow to take advantage of another dip.

Short term though, this should bring a lot more media attention to Bitcoin which is usually followed by more adoption by the masses.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dalmar on March 06, 2014, 02:59:23 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: anu on March 06, 2014, 03:02:31 PM
I predict a panic sell by some weak hands, unfortunately it will probably bounce back before my paycheck arrives in my bank tomorrow to take advantage of another dip.

Short term though, this should bring a lot more media attention to Bitcoin which is usually followed by more adoption by the masses.

It's not him. Satoshi would have denied it. She probably made up his confession. But I agree about the panic sell. In fact, it happened already.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dragonkiller on March 06, 2014, 03:03:27 PM
You'd have to be an idiot to believe that guy is satoshi. But most people are.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: seleme on March 06, 2014, 03:04:53 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Yeah, because Satoshi Nakamoto always sounded so Russian  ;D


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dalmar on March 06, 2014, 03:09:02 PM
Yeah, because Satoshi Nakamoto always sounded so Russian  ;D

The Chinese will abandon bitcoin (Japanese) and embrace litecoin (Chinese).  ;D


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: seleme on March 06, 2014, 03:09:41 PM
Yeah, because Satoshi Nakamoto always sounded so Russian  ;D

The Chinese will abandon bitcoin (Japanese) and embrace litecoin (Chinese).  ;D

Just like they embraced Chinacoin  ;D


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ibian on March 06, 2014, 03:10:38 PM
Stop people. Just fucking stop. Some underachieving bitch made up a story to get some likes, that's all this is.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: WompRat on March 06, 2014, 03:13:25 PM
Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dalmar on March 06, 2014, 03:19:31 PM
Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

[tinfoil hat]

He doesn't have access to his private keys anymore, but had to hand it over to US secret services. The US government currently is the largest holder of bitcoin (FBI + Mt.Gox + Satoshi's stash).

[/tinfoil hat]


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Lloydie on March 06, 2014, 03:20:45 PM
Why would he use his real name? Can't figure that one out.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: WompRat on March 06, 2014, 03:24:58 PM
Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

[tinfoil hat]

He doesn't have access to his private keys anymore, but had to hand it over to US secret services. The US government currently is the largest holder of bitcoin (FBI + Mt.Gox + Satoshi's stash).

[/tinfoil hat]


I think the US Government would have given the man a slightly better false identity. 


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: boomertoo on March 06, 2014, 03:27:59 PM
He will soon be getting a visit from John Galt.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dalmar on March 06, 2014, 03:29:36 PM
I think the US Government would have given the man a slightly better false identity.  

His first name is Dorian, nobody except close friends/relatives knew his middle name was Satoshi. The plan was letting people think it was just a pseudonym, and it actually worked for 5 years.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: dreamspark on March 06, 2014, 03:32:30 PM
Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

If he wanted to cash out he would never do it on an exchange, why would he? If he felt he wanted to cash out he could easily do so off exchange to avoid slippage, trusting exchanges and then all the AML/KYC.

But its not him.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 03:40:06 PM
Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: seleme on March 06, 2014, 03:42:40 PM
Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Confirmed.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: ShroomsKit_Disgrace on March 06, 2014, 03:43:17 PM
Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Where is your post of CONFIRMED bad news when we need it? This is the MOTHER OF BAD NEWS! come'on!!!!


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Biodom on March 06, 2014, 03:44:03 PM
This is totally irrelevant. I kind of like that the guy is a geek.
I hope that he will continue to be silent.
The author, however, is the exact product of a system that seriously posits that how a person looks makes a story.
It's like when the major story about Einstein was that he had unruly hair-99% people did not understand anything about his theories.
This is NOT about a man, this is about an IDEA.

I think that we started to underestimate the value of quiet contemplation, it is all about blah blah blah (like this post unfortunately :/)
In any case, three word agencies knew who Satoshi was for a long time, no doubt about that, considering his background.
I will buy more today or tomorrow.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 03:45:04 PM
Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Confirmed.

What we need now more than ever is a cryptocoin we can trust.  We can't merely rely on its publicly assessable properties.  We need one whose creator is unknown.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 03:45:36 PM
Well, this is the bad news I was waiting for.  Now that I know Satoshi Nakamoto is Satoshi Nakamoto, I'm going to sell all my cryptocoins.  No point it owning them anymore if I know Satoshi is Satoshi.  Amiright?

Where is your post of CONFIRMED bad news when we need it? This is the MOTHER OF BAD NEWS! come'on!!!!

I'm too sad for all that.  I mean, now that we know who Satoshi is, bitcoin is broken.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: RodeoX on March 06, 2014, 03:45:46 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: WompRat on March 06, 2014, 03:46:10 PM
Stop living in denial,  this is Gox all over again. He almost certainly still has access to thousands of coins and has no reason to hide them anymore.  He either destroys them which no one will believe anyway or he dumps them at an exchange for cash to protect his family.  Which is more likely?

If he wanted to cash out he would never do it on an exchange, why would he? If he felt he wanted to cash out he could easily do so off exchange to avoid slippage, trusting exchanges and then all the AML/KYC.

But its not him.

If it was me, I would probably want to get my family out of there quickly.  He is apparently short of funds anyway and is going to need money fairly quickly.  An exchange represents the fastest way to get money unless he has kept contact or can receive shelter from wealthy holders.  Crashing the price is hardly going to be a primary concern. 


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: bootlace on March 06, 2014, 03:46:30 PM
The problem is his ties to secret government projects. This adds fuel to the speculation that the NSA or some other government body has a hand in the creation of Bitcoin. Why has the US gone above and beyond supporting a new technology that could take away much of their power?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 03:48:09 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ibian on March 06, 2014, 03:48:54 PM
It doesn't fucking matter who made bitcoin. Not Random Japanese Dude, not scary sounding american three letter agency, not scary sounding russian three letter agency. None of it fucking matters. What is wrong with you people?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 03:50:19 PM
It doesn't fucking matter who made bitcoin. Bit Random Japanese Dude, not scary sounding american three letter agency, not scary sounding russian three letter agency. None of it fucking matters. What is wrong with you people?

We're selling because the core protocol is broken now that one of its properties has been destroyed - that of an anonymous creator who created it under his actual name.  Now do you understand?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: adworker on March 06, 2014, 03:51:06 PM
Most of you sound like you believe the story. I dont without signed message


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Biodom on March 06, 2014, 03:51:47 PM
We need one whose creator is unknown.

So, create one if you can, LOL


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ibian on March 06, 2014, 03:52:16 PM
Most of you sound like you believe the story. I dont without signed message
I said it before but its worth repeating. Underachieving bitch. Made up story. Likes.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: StarenseN on March 06, 2014, 03:52:37 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?

You're fucking hillarious :-D I almost cried.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: WompRat on March 06, 2014, 03:57:00 PM
Governments around the world already suspicious of US motives are not going to be receptive to a currency that was created by a man we now know (sort of) worked for the US Government on secret projects.  It totally validates the Chinese and Russian approach in my opinion and will do nothing to increase adoption. 


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: knightcoin on March 06, 2014, 04:02:35 PM
//invoke constructor ;) in programing Lang is it still a valid sentence lmao ...

Hans Zimmer - Time (Inception)
https://www.youtube.com/watch?v=RxabLA7UQ9k

 ::)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: koryu on March 06, 2014, 04:04:31 PM
i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.





Title: Re: Prediction of price due to Satoshi's reveal?
Post by: dyland on March 06, 2014, 04:05:29 PM
This article is only relevant to the bitcointalk community from a purely financially speculative perspective.

Whether it's true or not--from our perspective-- is irrelevant. People will take it as true.

What does that mean to the common person? I'm not yet sure. (They cast him overall in a negative light I think.) There will be some counters in the press too, some fact-checking hopefully. It will be a bit of a story to be sure.

I sense a small opportunity here for buying.

It's funny that people seem to be more comfortable (if the price drop reflects discomfort) with a shadowy, nebulous, mysterious, etc., creation story over something made tangible, whether true or not.







Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 04:06:00 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Chinese and Russian government knew this already. Hence why they brought the boot down on Bitcoin. They aren't stupid. They know how it threatens their economies.

Probably most Chinese aren't trading Bitcoin anymore. As zhangwhei stated in one of his excellent posts. Nobody is talking about Bitcoin anymore in China. It is stigmatised. Probably the real Chinese volume is indeed on BTC China and Huobi et al are as Bobby Lee stated, largely fake exchanges, operated for appearances sakes whilst insides off-load BTC they picked up cheap onto USD markets.

i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.....

This story makes no sense at all.........to your flawed paradigm?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: bootlace on March 06, 2014, 04:10:41 PM
Governments around the world already suspicious of US motives are not going to be receptive to a currency that was created by a man we now know (sort of) worked for the US Government on secret projects.  It totally validates the Chinese and Russian approach in my opinion and will do nothing to increase adoption. 

Yea I dont think people realize the severity of the situation - even if there is no proof, the suspicion alone is enough to put off many nations from adopting Bitcoin. There is a full blown espionage war on-going right now and I doubt the likes of China/Russia are going to back some technology that has the possible taint of a US government branch involved in it. Also what are all the anti-FED, libertarian, anarchists going to think if their saviour technology is actually birthed by their very enemy. Although I dont expect any link to the US government to be proven in any way so believers will stick their hand in the sand and ignore that inconvenient detail.

If Satoshia did indeed create Bitcoin as a contractor for some government agency, it also explains why he hasn't spoken up about it (NDA) and why he hasn't cashed out at all (the coins don't actually belong to him). The fact that he's broke and has medical problems and still hasn't withdrawn any money is awfully suspicious for me.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Chucky1976 on March 06, 2014, 04:13:14 PM
Should be no relevance to price of coins


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: FierceRadish on March 06, 2014, 04:15:13 PM
Gotta say, the language in this "dorian satoshi" letter doesn't sound similar to that used in the white paper etc.

http://www.businessinsider.com/dorian-satoshi-letter-and-train-2014-3


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Predatorian on March 06, 2014, 04:17:28 PM
now price going down, not sure what going to happen when all in panic sell many btc right now.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ibian on March 06, 2014, 04:17:46 PM
Governments around the world already suspicious of US motives are not going to be receptive to a currency that was created by a man we now know (sort of) worked for the US Government on secret projects.  It totally validates the Chinese and Russian approach in my opinion and will do nothing to increase adoption. 

Yea I dont think people realize the severity of the situation - even if there is no proof, the suspicion alone is enough to put off many nations from adopting Bitcoin. There is a full blown espionage war on-going right now and I doubt the likes of China/Russia are going to back some technology that has the possible taint of a US government branch involved in it. Also what are all the anti-FED, libertarian, anarchists going to think if their saviour technology is actually birthed by their very enemy. Although I dont expect any link to the US government to be proven in any way so believers will stick their hand in the sand and ignore that inconvenient detail.

If Satoshia did indeed create Bitcoin as a contractor for some government agency, it also explains why he hasn't spoken up about it (NDA) and why he hasn't cashed out at all (the coins don't actually belong to him). The fact that he's broke and has medical problems and still hasn't withdrawn any money is awfully suspicious for me.
Bitcoin could have been created by an autistic Indonesian kid and the NSA would still have been just as involved as they are now. Nothing has changed. I know the price might go down from this, but I refuse to take part in this foolishness.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 04:19:56 PM
This reminds me of the Seinfeld episode where George's mom takes advice from a "chinese" woman over the phone to stay married instead of divorcing, but then she actually meets the woman and it is just an american woman with a chinese sounding name... she then discredits the advice because she wasn't "chinese". :D


In other thoughts.... isn't this guy exactly what people expected? Paranoid, highly intelligent japanese american programmer / cryptologist with ties to government projects? I didn't really learn anything new from the article other than his address and the names of his children. (assuming the article is valid)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 04:21:23 PM
Well I for one am furious that the shadowy creator of bitcoin, known only by the cryptic identity Satoshi Nakamoto - which was CLEARLY a pseudonym since that's the only thing about him people agree on - actually turned out to be called Satoshi Nakamoto in real life.

This clearly means the protocol is insecure and even if it wasn't I'm still selling all my coins in protest.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ultros on March 06, 2014, 04:23:55 PM
Yeah. Much like Internet is an European conspiracy because some of the first protocols has been developed by CERN employees. That's probably why most of the world never adopted it.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: podyx on March 06, 2014, 04:25:39 PM
can anyone link the article


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 04:26:15 PM
can anyone link the article

Or try Googling it...


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: RodeoX on March 06, 2014, 04:26:32 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?
Does this make it another stupid alt coin?  :'(



Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 04:29:33 PM
Its funny how this topic is utter trollbait attracting 80-90% troll responses :P  ;D


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 04:30:19 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?
Does this make it another stupid alt coin?  :'(



Another stupid altcoin? So bitcoin is now an altcoin derived from itself?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: koryu on March 06, 2014, 04:30:48 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Chinese and Russian government knew this already. Hence why they brought the boot down on Bitcoin. They aren't stupid. They know how it threatens their economies.

Probably most Chinese aren't trading Bitcoin anymore. As zhangwhei stated in one of his excellent posts. Nobody is talking about Bitcoin anymore in China. It is stigmatised. Probably the real Chinese volume is indeed on BTC China and Huobi et al are as Bobby Lee stated, largely fake exchanges, operated for appearances sakes whilst insides off-load BTC they picked up cheap onto USD markets.

i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.....

This story makes no sense at all.........to your flawed paradigm?

there is no evidence in this article. they just write a wall of text and in the end all they have is, that this guy shares the same name.

nevertheless, more people will read about bitcoin, so thats good.




Title: Re: Prediction of price due to Satoshi's reveal?
Post by: T.Stuart on March 06, 2014, 04:33:18 PM
http://i58.tinypic.com/24o29ad.jpg


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 04:36:52 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Chinese and Russian government knew this already. Hence why they brought the boot down on Bitcoin. They aren't stupid. They know how it threatens their economies.

Probably most Chinese aren't trading Bitcoin anymore. As zhangwhei stated in one of his excellent posts. Nobody is talking about Bitcoin anymore in China. It is stigmatised. Probably the real Chinese volume is indeed on BTC China and Huobi et al are as Bobby Lee stated, largely fake exchanges, operated for appearances sakes whilst insides off-load BTC they picked up cheap onto USD markets.

i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.....

This story makes no sense at all.........to your flawed paradigm?

there is no evidence in this article. they just write a wall of text and in the end all they have is, that this guy shares the same name.

nevertheless, more people will read about bitcoin, so thats good.




In all fairness, there was a good amount of circumstantial evidence. And I really appreciated the incidental touches, like him enjoying toy trains. They make it far less likely it's all fake.
What I really love, though, is that it wasn't some NSA project or a secretive group of anarcho-libertarians. The motivation was that some guy got annoyed because it cost too much to buy toy train spares from England.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: bootlace on March 06, 2014, 04:41:33 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Chinese and Russian government knew this already. Hence why they brought the boot down on Bitcoin. They aren't stupid. They know how it threatens their economies.

Probably most Chinese aren't trading Bitcoin anymore. As zhangwhei stated in one of his excellent posts. Nobody is talking about Bitcoin anymore in China. It is stigmatised. Probably the real Chinese volume is indeed on BTC China and Huobi et al are as Bobby Lee stated, largely fake exchanges, operated for appearances sakes whilst insides off-load BTC they picked up cheap onto USD markets.

i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.....

This story makes no sense at all.........to your flawed paradigm?

there is no evidence in this article. they just write a wall of text and in the end all they have is, that this guy shares the same name.

nevertheless, more people will read about bitcoin, so thats good.




In all fairness, there was a good amount of circumstantial evidence. And I really appreciated the incidental touches, like him enjoying toy trains. They make it far less likely it's all fake.
What I really love, though, is that it wasn't some NSA project or a secretive group of anarcho-libertarians. The motivation was that some guy got annoyed because it cost too much to buy toy train spares from England.

There is absolutely no proof whatsoever regarding his motivations for starting Bitcoin and both possibilities suggested in the article - a) his home got foreclosed and b) he was annoyed at having to make international transfers to England for this trains - do not convince me one bit. You don't just dedicate several years of your life to this kind of project with that kind of 'motivation'.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: the_sunship on March 06, 2014, 04:41:55 PM
If the article is correct, it doesn't surprise me at all if he worked for the us government for a while, and then decided to make a financial tool outside of its controls after its financial meddling in 2008-9. His working with the gov't would give him detailed insights into their techniques of cryptography and hacking - what they can crack and what they can't. Anyway, it seems like someone with his knowledge would know how to make it so the gov't couldn't get their mitts on it. "Know thy enemy" comes to mind. Maybe I'm being a Pollyanna, but I consider it bullish once the shock effect is over.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: dyland on March 06, 2014, 04:44:36 PM
If the article is correct, it doesn't surprise me at all if he worked for the us government for a while, and then decided to make a financial tool outside of it's controls after it's financial meddling in 2008-9. His working with the gov't would give him detailed insights into their techniques of cryptography and hacking - what they can crack and what they can't. Anyway, it seems like someone with his knowledge would know how to make it so the gov't couldn't get their mitts on it. "Know thy enemy" comes to mind. Maybe I'm being a Pollyanna, but I consider it bullish once the shock effect is over.


+1

The selling right now is merely everyone looking at the way the flag is flapping in the wind and not the way the wind is blowing.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 04:45:28 PM
Not sure if it will have much of an impact, but the Chinese might not like this story (Japanese guy with possible NSA/CIA connections).

Chinese and Russian government knew this already. Hence why they brought the boot down on Bitcoin. They aren't stupid. They know how it threatens their economies.

Probably most Chinese aren't trading Bitcoin anymore. As zhangwhei stated in one of his excellent posts. Nobody is talking about Bitcoin anymore in China. It is stigmatised. Probably the real Chinese volume is indeed on BTC China and Huobi et al are as Bobby Lee stated, largely fake exchanges, operated for appearances sakes whilst insides off-load BTC they picked up cheap onto USD markets.

i dont believe it. imo he isnt japanese and doesnt live in the us. this story makes no sense at all.....

This story makes no sense at all.........to your flawed paradigm?

there is no evidence in this article. they just write a wall of text and in the end all they have is, that this guy shares the same name.

nevertheless, more people will read about bitcoin, so thats good.




In all fairness, there was a good amount of circumstantial evidence. And I really appreciated the incidental touches, like him enjoying toy trains. They make it far less likely it's all fake.
What I really love, though, is that it wasn't some NSA project or a secretive group of anarcho-libertarians. The motivation was that some guy got annoyed because it cost too much to buy toy train spares from England.

There is absolutely no proof whatsoever regarding his motivations for starting Bitcoin and both possibilities suggested in the article - a) his home got foreclosed and b) he was annoyed at having to make international transfers to England for this trains - do not convince me one bit. You don't just dedicate several years of your life to this kind of project with that kind of 'motivation'.

Well, yes. Clearly, one does not simply create a groundbreaking global, decentralised, secure payment protocol, entirely outside of the control of banks and governments, simply because you are upset that Hornby spares are costing you too much.
I feel the need for a meme.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Tzupy on March 06, 2014, 04:47:09 PM
Long term it's bullish, because there are shadier fellows in the board of the foundation than Satoshi.
Short term bearish, because he might have to cash out a sizable amount to protect himself.
However, if the news change some day to 'Satoshi Nakamoto got kidnapped', then the shit will hit the fan.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Solarstorm75 on March 06, 2014, 04:50:05 PM
How about this link:

NSA Backdoors and Bitcoin
>>The unbelievable thing is that rather than using secp256r1 like nearly all other applications, Bitcoin uses secp256k1 which uses Koblitz curves instead of pseudorandom curves and is still believed to be secure. Now the decision to use secp256k1 instead of secp256r1 was made by Satoshi. It’s a mystery why he chose these parameters instead of the parameters used by everyone else (the core devs even considered changing it!). Dan Brown, Chairman of the Standards for Efficient Cryptography Group, had this to say about it:

    I did not know that BitCoin is using secp256k1. Indeed, I am surprised to see anybody use secp256k1 instead of secp256r1.<<

http://chrispacia.wordpress.com/2013/10/30/nsa-backdoors-and-bitcoin/


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 04:52:32 PM
How about this link:

NSA Backdoors and Bitcoin
http://chrispacia.wordpress.com/2013/10/30/nsa-backdoors-and-bitcoin/

Because the US intelligence agencies build cryptographic systems that even they don't have any way of cracking!

Obviously. I mean, if they build back-doors to their cryptographic systems they would tell us right, otherwise that would be dishonest.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: BitOnyx on March 06, 2014, 04:52:51 PM
Well my predictions are people will panic a bit and then won't care any more. This article has more words "suspects" and "maybe" then it should for a "news".

Tomorrow no one will even care any more.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: meanig on March 06, 2014, 04:54:17 PM
Fake. I'm actually Satoshi. I graduated from college in Maths and Physics and got jobs working for government contractors. I've bought lots of stuff from overseas and got totally pissed with wire fees so I decided to invent Bitcoin once I got the inevitable sack when I hit my mid 50s.

I am Satoshi. What more proof do you need  ;D


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: backtrackit on March 06, 2014, 04:55:07 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dragonkiller on March 06, 2014, 05:10:35 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all?  ::)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: knightcoin on March 06, 2014, 05:13:34 PM

c u when I c u ... says the barber


https://www.youtube.com/watch?v=q3ZmIwteUAY


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: backtrackit on March 06, 2014, 05:16:22 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all?  ::)

Well why should it?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 05:18:31 PM
why should his identity have any affect on the price at all?  ::)

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Perhaps it was The Man who robbed Mt Gox

Perhaps it was The Man who emptied Silk Road's escrow accounts?

If it it turns out that this is the case, then Bitcoin is compromised and always has been from the very start, and has every chance of turning to dust right before our eyes.

Could you say for sure that this is not the case? I couldn't.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: RodeoX on March 06, 2014, 05:19:34 PM
I'm going to guess it has little effect. It doesn't change anything right?  ???

It changes everything.  Now bitcoin lacks that crucial cryptocoin property of having an unknown anonymous creator who invented it under his own real name.  See?  Can't you see now why everyone is selling?
Does this make it another stupid alt coin?  :'(



Another stupid altcoin? So bitcoin is now an altcoin derived from itself?
I was just kidding. If we know the creator, well it's just alt-ish. lol


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: WompRat on March 06, 2014, 05:23:00 PM
"has $400 million and family lives in poverty"

"don't give a fuck"

I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Predatorian on March 06, 2014, 05:23:15 PM
Fake but prices btc drop atm, we will see what gonna happen later with this.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Dragonkiller on March 06, 2014, 05:24:52 PM
why should his identity have any affect on the price at all?  ::)

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Perhaps it was The Man who robbed Mt Gox

Perhaps it was The Man who emptied Silk Road's escrow accounts?

If it it turns out that this is the case, then Bitcoin is compromised and always has been from the very start, and has every chance of turning to dust right before our eyes.

Could you say for sure that this is not the case? I couldn't.

be a genius that goes to extreme lengths to remain anonymous... whilst using your real name. yeah, totally plausible.

too much stupidity in this world


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 05:26:36 PM
I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.

He doesn't have the keys because the coins are the property of the entity that contracted him to create Bitcoin.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: backtrackit on March 06, 2014, 05:28:28 PM
why should his identity have any affect on the price at all?  ::)

Because now everyone knows that he is highly talented mathematician who has done a lot of classified work for US intelligence that he is not allowed to talk about. Perhaps Bitcoin is one of those jobs?

If so, then this is going to scare a lot of users of Bitcoin away from it. Most people who use Bitcoin don't understand the first thing about cryptology, so perhaps The Man does indeed know about Johnny Cocaine Importer's shady international transactions or Billy Paedophile's kiddy porn distribution empire, to name but a few thousand other reasons why Bitcoin users may jump out their skin at the thought that Bitcoin came from The Man all along.

Yea but can't really seen that been true, I mean if The Man did know about some of the shady transactions then how come after years of it being around nothing as been done. What about the seized money from Sr, why was nobody traced and locked up, must have been a lot of crims they could have had.

*Puts tin foil hat on* guess there just gavering evidence


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 05:29:24 PM

I can understand not spending the coins to keep his identity secret and not telling his family for the same reasons, but those reasons are gone now.  If he has the keys - the coins are incoming.

How would not spending coins keep his identity secret, or how would spending the coins notify his family? those are not valid reasons for not spending the coins. Nothing changes even if this is Satoshi.

However I sense something amiss with this story, and I would be willing to bet that this guy ends up not being Bitcoin's Satoshi Nakamoto, and we are just dealing with a reporter trying to make a name for herself.



Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 05:30:10 PM
Yea but can't really seen that been true, I mean if The Man did know about some of the shady transactions then how come after years of it being around nothing as been done. What about the seized money from Sr, why was nobody traced and locked up, must have been a lot of crims they could have had.

*Puts tin foil hat on* guess there just gavering evidence

Because The Man doesn't give a fuck about criminals or crime at the end of the day. That is for PC plod to worry about. If The Man wants to throw Plod a bone then he might do so, if he feels like it. But all The Man really cares about is staying on top.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: rampantparanoia on March 06, 2014, 05:30:47 PM
i liked the first (and so far only) comment on this article: http://www.businessinsider.com/dorian-satoshi-letter-and-train-2014-3

Quote
Satoshi may have been doxed, but at least he hasn't been goxed.

many lulz


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 05:33:48 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all?  ::)

Well why should it?

Identity gives information about motivation.
Ultimately, it's just supply and demand. If people thing Satoshi is likely to sell his half-billion-dollar haul of coins, that's not good. If they think he's lost the keys, that is (though not great for him).
If they decide he's working for The Man, that's just rude.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: backtrackit on March 06, 2014, 05:36:09 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all?  ::)

Well why should it?

Identity gives information about motivation.
Ultimately, it's just supply and demand. If people thing Satoshi is likely to sell his half-billion-dollar haul of coins, that's not good. If they think he's lost the keys, that is (though not great for him).
If they decide he's working for The Man, that's just rude.

But why would you think that, he's had the coins all this time, doesn't seem likely that he dump them and destroy his creation.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: T.Stuart on March 06, 2014, 06:07:37 PM
Could you say for sure that this is not the case? I couldn't.

The fact that he used his real name on forums makes it very unlikely. I just cannot believe that "The Man" would let him use his real name if he was working as a contractor on a top secret "con the masses out of their money" project. But I can believe that way back at the beginning of Bitcoin no-one, not even Satoshi, could have seen where we would be today, and using his middle name would seem like enough anonymity for such a niche hobby.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 06:09:04 PM
Could you say for sure that this is not the case? I couldn't.

The fact that he used his real name on forums makes it very unlikely. I just cannot believe that "The Man" would let him use his real name if he was working as a contractor on a top secret "con the masses out of their money" project. But I can believe that way back at the beginning of Bitcoin no-one, not even Satoshi, could have seen where we would be today, and using his middle name would seem like enough anonymity for such a niche hobby.

Seldom (actually never) does the world turn and do events occur to a simple narrative.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: eldentyrell on March 06, 2014, 06:23:22 PM
An exchange represents the fastest way to get money

Wow, you obviously have never had to go through the AML/KYC process.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 06:25:20 PM
Why would he use an anonymous email address but then use his real name? I think the reporter used the WHITE PAGES and searched for all the S Nakamoto in the book, found this:
http://www.whitepages.com/name/Dorian-Nakamoto/ca

She then happened to find one S Nakamoto in the country who was some sort of engineer, get some random quote and draw vague conclusions based on the fact that "he knows maths"


Question.... why would someone who used an anonymous email address and was secretive, allow his name to be in the freaking white pages using said name, you can remove your name from appearing in the white pages.
http://www.whitepages.com/name/Dorian-Nakamoto/ca

This is not Satoshi. Its a Nakamoto who happens to be an engineer.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: BitcoinAshley on March 06, 2014, 06:34:28 PM
How about this link:

NSA Backdoors and Bitcoin
http://chrispacia.wordpress.com/2013/10/30/nsa-backdoors-and-bitcoin/

Because the US intelligence agencies build cryptographic systems that even they don't have any way of cracking!

Obviously. I mean, if they build back-doors to their cryptographic systems they would tell us right, otherwise that would be dishonest.


If they knowingly use cryptographic systems with backdoors to encrypt highly sensitive government data, that raises the risk that a group of cryptographers could discover the backdoor (As they did with another ECDSA implementation that was not used by Satoshi). It stands to reason that the NSA does in fact build cryptographic systems that they don't have any way of cracking - in fact, that is the entire point of public key cryptography. That they have built some systems with backdoors does not logically imply that all systems have backdoors.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: knightcoin on March 06, 2014, 06:51:11 PM
hell not another meeting again ...

pcb .. rail

https://www.youtube.com/watch?v=HTi84G8Mt8E


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: threecats on March 06, 2014, 06:57:58 PM
seriously though. this is a bit out of control. they have just outed the largest bitcoin holder in the world. hope he has his cryptography tuned and ready 'cuz newsweek just put a big frickin bullseye right on his 50 square meters of the planet.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 07:02:20 PM
The satoshi in newsweek is way too old to be bitcoin's satoshi.

His profile here, states he is 38
http://p2pfoundation.ning.com/profile/SatoshiNakamoto



Title: Re: Prediction of price due to Satoshi's reveal?
Post by: knightcoin on March 06, 2014, 07:03:23 PM
The satoshi in newsweek is way too old to be bitcoin's satoshi.

His profile here, states he is 38
http://p2pfoundation.ning.com/profile/SatoshiNakamoto



education LOAN !!!


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 07:23:42 PM
I predict the price will 5/600 for a few week, then price will be up to 7/800.


Don't think Satoshi's identity will affect the price too much short term or long term.

why should his identity have any affect on the price at all?  ::)

Well why should it?

Identity gives information about motivation.
Ultimately, it's just supply and demand. If people thing Satoshi is likely to sell his half-billion-dollar haul of coins, that's not good. If they think he's lost the keys, that is (though not great for him).
If they decide he's working for The Man, that's just rude.

But why would you think that, he's had the coins all this time, doesn't seem likely that he dump them and destroy his creation.

As so many people on these forums do not appreciate, "Past performance is no guarantee of future performance".
I've never died yet. Why would someone think I'm likely to die in the future?
Satoshi has c. 1m coins. He may or may not spend any or all of them. I imagine Satoshi himself is the only person properly qualified to know whether he ever will. In my mind, becoming the potential target of robbery, extortion, crank calls, begging letters, kidnapping and unwanted press intrusion makes him more likely to spend them than before.
And he doesn't seem to care much about his creation, if it even is him.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: aminorex on March 06, 2014, 07:41:06 PM
definitely not the same nakamoto


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 07:53:08 PM
definitely not the same nakamoto

Then Leah McGrath Goodman's career would be in tatters.

Putting out such a story only for it to be proven to be false, would make such a laughing stock of her and the publication, that they would not dare take this risk unless they could back up their claim with verifiable journalistic grounds, if not outright evidence/proof.

It is the real Satoshi Nakamoto.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: derpinheimer on March 06, 2014, 08:03:08 PM
definitely not the same nakamoto

Then Leah McGrath Goodman's career would be in tatters.

Putting out such a story only for it to be proven to be false, would make such a laughing stock of her and the publication, that they would not dare take this risk unless they could back up their claim with verifiable journalistic grounds, if not outright evidence/proof.

It is the real Satoshi Nakamoto.

The story smells like BS.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: T.Stuart on March 06, 2014, 08:10:36 PM
Satoshi has c. 1m coins. He may or may not spend any or all of them. I imagine Satoshi himself is the only person properly qualified to know whether he ever will. In my mind, becoming the potential target of robbery, extortion, crank calls, begging letters, kidnapping and unwanted press intrusion makes him more likely to spend them than before.

But we do have a final, formidable weapon against Satoshi's upcoming coin dump... Bitstamp's KYC procedures!  :D

(unless they decide to bend the rules for once. It is Satoshi after all.)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 06, 2014, 08:20:49 PM
Satoshi has c. 1m coins. He may or may not spend any or all of them. I imagine Satoshi himself is the only person properly qualified to know whether he ever will. In my mind, becoming the potential target of robbery, extortion, crank calls, begging letters, kidnapping and unwanted press intrusion makes him more likely to spend them than before.

But we do have a final, formidable weapon against Satoshi's upcoming coin dump... Bitstamp's KYC procedures!  :D

(unless they decide to bend the rules for once. It is Satoshi after all.)

If the cat's out of the bag, that's the least of his worries.
Got to wonder, though, if he's lost the key (or chucked it away, way back when). I always wondered what Satoshi was planning to do with his ~$1 billion haul of coins, and why he hadn't touched them - even to move them to another address - for so long.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: FierceRadish on March 06, 2014, 08:54:31 PM
definitely not the same nakamoto

Then Leah McGrath Goodman's career would be in tatters.

Putting out such a story only for it to be proven to be false, would make such a laughing stock of her and the publication, that they would not dare take this risk unless they could back up their claim with verifiable journalistic grounds, if not outright evidence/proof.

It is the real Satoshi Nakamoto.

It's not like journalists and newspapers ever make outrageous mistakes in the pursuit of more readers.

http://news.bbc.co.uk/1/hi/uk_politics/3716151.stm

I'm on the fence on this one now. Initially, it seemed pretty likely. But a few things don't add up. Not least the chances of a man with a history of being fanatically secretive being in the phonebook.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: relm9 on March 06, 2014, 09:12:35 PM
I don't believe it's Satoshi unless she has a PGP-signed message from him. That's all that is needed to prove it's him -- they don't need to show his house, car, etc... none of that is relevant.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: FierceRadish on March 06, 2014, 09:24:55 PM
Well, sounds like we're gonna hear more either way pretty soon:

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 09:31:22 PM
Well, sounds like we're gonna hear more either way pretty soon:

http://www.businessinsider.com/there-is-a-bitcoin-car-chase-underway-2014-3

The man "satoshi" in the video tells reporters he is "not involved in bitcoin" I don't think this guy even knows much about bitcoin... mistaken identity.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Rdeschain on March 06, 2014, 09:34:07 PM
welp..he denied it. Got a free lunch though!


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: derpinheimer on March 06, 2014, 09:34:55 PM
https://i.imgur.com/HyEA6Sj.png


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 09:35:08 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: alexeft on March 06, 2014, 09:50:30 PM
Why would he use an anonymous email address but then use his real name? I think the reporter used the WHITE PAGES and searched for all the S Nakamoto in the book, found this:
http://www.whitepages.com/name/Dorian-Nakamoto/ca

She then happened to find one S Nakamoto in the country who was some sort of engineer, get some random quote and draw vague conclusions based on the fact that "he knows maths"


Question.... why would someone who used an anonymous email address and was secretive, allow his name to be in the freaking white pages using said name, you can remove your name from appearing in the white pages.
http://www.whitepages.com/name/Dorian-Nakamoto/ca

This is not Satoshi. Its a Nakamoto who happens to be an engineer.

This!!!!  ;)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: alexeft on March 06, 2014, 09:53:13 PM
Can anybody give me Satoshi's bitcoin address? Thanks!

Edit: Nevermind! Thanks! :)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 06, 2014, 09:53:37 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....

I heard him say that he was not involved, which is exactly what the Newsweek journalist reported....I am no longer involved with Bitcoin, other people have taken it over.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: FierceRadish on March 06, 2014, 10:08:46 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....

I heard him say that he was not involved, which is exactly what the Newsweek journalist reported....I am no longer involved with Bitcoin, other people have taken it over.

Where did you hear that? Is there a live feed somewhere?

Stuff being deleted from Newsweek article as we speak.

It's gonna hinge on this quote:

"I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection."


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: FierceRadish on March 06, 2014, 10:10:47 PM
From journo:

"Nakamoto, when I asked him in elevator why he told Newsweek he used to be involved with #bitcoin: "No no no I was never involved.""


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: proudhon on March 06, 2014, 10:12:22 PM
From journo:

"Nakamoto, when I asked him in elevator why he told Newsweek he used to be involved with #bitcoin: "No no no I was never involved.""

Shit, now I have to buy all the bitcoins I sold a few hours ago back.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: fonzie on March 06, 2014, 10:13:20 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....

I heard him say that he was not involved, which is exactly what the Newsweek journalist reported....I am no longer involved with Bitcoin, other people have taken it over.

Where did you hear that? Is there a live feed somewhere?

Stuff being deleted from Newsweek article as we speak.

It's gonna hinge on this quote:

"I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection."

http://instagram.com/p/lNv9-_QaNF/#


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 10:48:01 PM
Satoshi is a common japanese name that means wise, clear thinking, wise in japanese.... Nakamoto is also a common japanese name:

Hiroshi Nakamoto (born 1966), baseball player
Kuniharu Nakamoto (born 1959), football player
Satoshi Nakamoto, the pseudonymous creator of the bitcoin digital currency
Shuhei Nakamoto (born 1957), vice-president of Honda Racing
Suzuka Nakamoto (born 1997), Japanese idol singer, member of groups Karen Girl's, Sakura Gakuin, and Babymetal

it wouldn't be weird that there HAPPENS to be a japanese person with the name Satoshi Nakamoto who HAPPENS to be an engineer living in the USA...

This is a case of mistaken identity.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: relm9 on March 06, 2014, 10:53:50 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....

I heard him say that he was not involved, which is exactly what the Newsweek journalist reported....I am no longer involved with Bitcoin, other people have taken it over.

Where did you hear that? Is there a live feed somewhere?

Stuff being deleted from Newsweek article as we speak.

It's gonna hinge on this quote:

"I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection."

Although even if that's what he actually said, it might not mean anything. It could simply be a case of him buying Bitcoin in the past, hence saying he wasn't involved anymore. He reportedly said that when two cops showed up at his doorstep along with the journo, surely must have been intimidated/nervous. He also went through a stroke apparently so who knows what his mental state is like?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: seleme on March 06, 2014, 10:54:33 PM
From journo:

"Nakamoto, when I asked him in elevator why he told Newsweek he used to be involved with #bitcoin: "No no no I was never involved.""

Shit, now I have to buy all the bitcoins I sold a few hours ago back.

I'd wait for new ATH in your case, just to be safe.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Miz4r on March 06, 2014, 11:15:21 PM
This nakamoto "denies" he is the bitcoin creator
https://twitter.com/JoeBelBruno/status/441687699112472577

I Called it....

I heard him say that he was not involved, which is exactly what the Newsweek journalist reported....I am no longer involved with Bitcoin, other people have taken it over.

There is a difference between saying you're not involved, and saying you're no longer involved. If we have to believe the man on his word though, who has suffered from a stroke earlier.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: chopstick on March 06, 2014, 11:25:58 PM
It's so obvious that this guy isn't Satoshi that it's painful.

Their writing styles are way different...

https://i.imgur.com/DB4oq5s.png (https://i.imgur.com/DB4oq5s.png)

You guys really believe that this old man with broken english is the creator of bitcoin? Hahaha newsweek is so stupid.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cbutters on March 06, 2014, 11:34:35 PM
How epic if the real Satoshi logged back onto this forum and confirmed that it wasn't him..


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Lloydie on March 07, 2014, 12:07:25 AM
It's so obvious that this guy isn't Satoshi that it's painful.

Their writing styles are way different...

https://i.imgur.com/DB4oq5s.png (https://i.imgur.com/DB4oq5s.png)

You guys really believe that this old man with broken english is the creator of bitcoin? Hahaha newsweek is so stupid.
Agree. It's someone who knows this old guy, IMHO.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: anu on March 07, 2014, 12:20:21 AM
How epic if the real Satoshi logged back onto this forum and confirmed that it wasn't him..

And that would prove what?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Walsoraj on March 07, 2014, 12:22:03 AM
How epic if the real Satoshi logged back onto this forum and confirmed that it wasn't him..

And that would prove what?

That it's him, trying to prove that it's not him.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: mgburks77 on March 07, 2014, 12:52:40 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 07, 2014, 01:00:59 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.

I also think it is the real Satoshi Nakamoto.

The journalist must clearly believe he is the real Satoshi Nakamoto otherwise she would be cutting her own throat. The 15 minutes of fame would just not be worth the after effects of pulling such a stunt as this.



Title: Re: Prediction of price due to Satoshi's reveal?
Post by: derpinheimer on March 07, 2014, 01:35:36 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.


fffffffffffffffffffffffffffffail


Also what if the real Nakamoto is FAT?!?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: mgburks77 on March 07, 2014, 01:38:21 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.


fffffffffffffffffffffffffffffail


Also what if the real Nakamoto is FAT?!?

Face facts, that is the real Nakamoto.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: derpinheimer on March 07, 2014, 01:46:10 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.


fffffffffffffffffffffffffffffail


Also what if the real Nakamoto is FAT?!?

Face facts, that is the real Nakamoto.

He denied it.. lol

SO because some random lady finds a Satoshi Nakamoto, that means he is the real SM
?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Miz4r on March 07, 2014, 01:46:19 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.

I also think it is the real Satoshi Nakamoto.

The journalist must clearly believe he is the real Satoshi Nakamoto otherwise she would be cutting her own throat. The 15 minutes of fame would just not be worth the after effects of pulling such a stunt as this.

The journalist just wants to score with her article. Do you know in what kind of god awful state so called professional journalism is nowadays? Look at all the bullshit they come up with around Syria, Ukraine, the economy and also Bitcoin. And then you are so easily able to accept this story as the truth? Isn't this more like wishful thinking or confirmation bias at work?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cdooer on March 07, 2014, 01:51:12 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.

I also think it is the real Satoshi Nakamoto.

The journalist must clearly believe he is the real Satoshi Nakamoto otherwise she would be cutting her own throat. The 15 minutes of fame would just not be worth the after effects of pulling such a stunt as this.



You believe he is the real Satoshi Nakamoto because the journalist 'clearly' believes it?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cdooer on March 07, 2014, 01:51:55 AM
It's the real guy. And the fact that those coins are untouched proves one thing.

This guy doesn't have the keys. The government has them.


fffffffffffffffffffffffffffffail


Also what if the real Nakamoto is FAT?!?

Face facts, that is the real Nakamoto.

What facts should we be facing?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: cdooer on March 07, 2014, 01:57:05 AM
Ha ha, and I just read that this is the first printed Newsweek after being on 'hiatus' for 13 months??? Seems like a bit of a coincidence, doesn't it?


http://www.usatoday.com/story/money/business/2014/03/06/newsweek-relaunches/6141761/ (http://www.usatoday.com/story/money/business/2014/03/06/newsweek-relaunches/6141761/)

"Newsweek, the weekly magazine once thought to be on journalistic life support, returns to print life Friday with a bang."
"'Newsweek' comes back after 13-months hiatus under new owner IBT Media"

You can't make this stuff up, this is fantastic.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: chessnut on March 07, 2014, 02:00:34 AM
why is everyone screaming 'fake'?
is this not the Satoshi Nakamoto you would expect?
he has worked for the military and he is a genius.....
he is humble....
he said 'he is not involved in bitcoin'. which is consistent with the real Satoshi.

makes perfect sense to me. very plausible.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: SpeculateThis on March 07, 2014, 02:03:12 AM
why is everyone screaming 'fake'?
is this not the Satoshi Nakamoto you would expect?
he has worked for the military and he is a genius.....
he is humble....
he said 'he is not involved in bitcoin'. which is consistent with the real Satoshi.

makes perfect sense to me. very plausible.



You sure about that?

https://bitcointalk.org/index.php?topic=504733.0 (https://bitcointalk.org/index.php?topic=504733.0)


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: marvinrouge on March 07, 2014, 02:16:54 AM
why is everyone screaming 'fake'?
is this not the Satoshi Nakamoto you would expect?
he has worked for the military and he is a genius.....
he is humble....
he said 'he is not involved in bitcoin'. which is consistent with the real Satoshi.

makes perfect sense to me. very plausible.



Why? Just because yet we have zero proof !
Looking for an homonym whose the profile could match more or less with what we know about the real Satoshi (not so much) is far from a real investigation...


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 07, 2014, 02:18:44 AM
The journalist just wants to score with her article. Do you know in what kind of god awful state so called professional journalism is nowadays? Look at all the bullshit they come up with around Syria, Ukraine, the economy and also Bitcoin. And then you are so easily able to accept this story as the truth? Isn't this more like wishful thinking or confirmation bias at work?

I don't care if it is or if it isn't.

My impression of events would lead me to believe that it was. If the journalist is putting arms and legs on her story, and it can be proven, then this will turn out horrendously embarrassing for her and her publication. Sure, the magazine wants publicity, but not for putting out big stories that turn out to be total duff.

I paraphrase Dorian S Nakamoto as quoted in the article as saying "I am no longer involved with Bitcoin, the work has been passed onto other people I have no further involvement", apparently in the presence of two police officers.

If he said that, in relation to a question on Bitcoin (something most people of his generation would never have even heard off), and the reporter wasn't putting words in his mouth or asking him a question in such a way that could be deliberately misconstrued, then it is the real Satoshi Nakamoto. Whether he admits it or not.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Miz4r on March 07, 2014, 02:29:31 AM
If he said that, in relation to a question on Bitcoin (something most people of his generation would never have even heard off), and the reporter wasn't putting words in his mouth or asking him a question in such a way that could be deliberately misconstrued, then it is the real Satoshi Nakamoto. Whether he admits it or not.

That's a lot of ifs and buts there before you can arrive at the conclusion it's him. So far you have nothing solid to stand on and your conclusion is very premature.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: relm9 on March 07, 2014, 02:34:15 AM
The journalist just wants to score with her article. Do you know in what kind of god awful state so called professional journalism is nowadays? Look at all the bullshit they come up with around Syria, Ukraine, the economy and also Bitcoin. And then you are so easily able to accept this story as the truth? Isn't this more like wishful thinking or confirmation bias at work?

I don't care if it is or if it isn't.

My impression of events would lead me to believe that it was. If the journalist is putting arms and legs on her story, and it can be proven, then this will turn out horrendously embarrassing for her and her publication. Sure, the magazine wants publicity, but not for putting out big stories that turn out to be total duff.

I paraphrase Dorian S Nakamoto as quoted in the article as saying "I am no longer involved with Bitcoin, the work has been passed onto other people I have no further involvement", apparently in the presence of two police officers.

If he said that, in relation to a question on Bitcoin (something most people of his generation would never have even heard off), and the reporter wasn't putting words in his mouth or asking him a question in such a way that could be deliberately misconstrued, then it is the real Satoshi Nakamoto. Whether he admits it or not.

He never mentioned Bitcoin specifically, he said "I am no longer involved in that". And we don't know the question he was asked.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: MatTheCat on March 07, 2014, 02:35:14 AM
If he said that, in relation to a question on Bitcoin (something most people of his generation would never have even heard off), and the reporter wasn't putting words in his mouth or asking him a question in such a way that could be deliberately misconstrued, then it is the real Satoshi Nakamoto. Whether he admits it or not.

That's a lot of ifs and buts there before you can arrive at the conclusion it's him. So far you have nothing solid to stand on and your conclusion is very premature.

Nope, I don't.

I am around 10000 miles away from Temple City, California and have only got internet reports and tweets to go by.

But you know what......

....I don't care.

He never mentioned Bitcoin specifically, he said "I am no longer involved in that". And we don't know the question he was asked.

Which is why I stipulated "if the journalist never phrased her question in a way that could be deliberately  misinterpreted "

I couldnt imagine myself putting out such a story if I wasn't 100% convinced he was the man. If I was proven wrong or to be lying, there would be nothing but ridicule and embarrassment.....but then that is me.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: TooDumbForBitcoin on March 07, 2014, 04:04:08 AM
Quote
He never mentioned Bitcoin specifically, he said "I am no longer involved in that". And we don't know the question he was asked.

Hear! Hear!

The "journalist's" whole article, and premise, hinges on that quote - the rest is circumstantial bullshit.  And since she didn't say what she asked him, his reply is irrelevant to Bitcoin until proven (by her) otherwise.  She will never print the exact question she asked him, for obvious reasons.

This "journalist" will go down in history alongside Nancy Grace, Geraldo Rivera, Dan Rather, and Jayson Blair.

The next time we see her, she'll be a regular on Fox News.







Title: Re: Prediction of price due to Satoshi's reveal?
Post by: chessnut on March 07, 2014, 05:34:47 AM
why is everyone screaming 'fake'?
is this not the Satoshi Nakamoto you would expect?
he has worked for the military and he is a genius.....
he is humble....
he said 'he is not involved in bitcoin'. which is consistent with the real Satoshi.

makes perfect sense to me. very plausible.



Why? Just because yet we have zero proof !
Looking for an homonym whose the profile could match more or less with what we know about the real Satoshi (not so much) is far from a real investigation...


zero proof does not entail that he is not Satoshi Nakamoto!

he is Satoshi Nakamoto by name, fact, he is also a brilliant mathematician, and he has worked for the military in under cover opertions. maybe there is no hard proof there, but those crying fake seem only convinced that it's not him. seems foolish to me.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Ibian on March 07, 2014, 06:47:50 AM
I couldnt imagine myself putting out such a story if I wasn't 100% convinced he was the man. If I was proven wrong or to be lying, there would be nothing but ridicule and embarrassment.....but then that is me.
Are you an aging chick with a dumb look on her face? Just look at her. I don't think she even came up with this on her own, more likely someone set her up to take the fall, all for the sake of stirring the pot.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: bassclef on March 07, 2014, 07:16:45 AM
Satoshi responded in such a way and in such a place that it was clear he wanted to send a simple message and nothing else. He won't be rejoining these forums any time soon, nor will he be touching his coins.

Nothing has changed except we now know that he is alive and watching. I'm also glad to know the man who brought us Bitcoin has a heart, and is selfless enough to risk his anonymity to protect an innocent man and his family.

In light of recent events, let Satoshi's action today be inspiration to those among us who would let greed and selfishness blind them for personal gain.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: raid_n on March 07, 2014, 08:10:34 AM
Satoshi responded in such a way and in such a place that it was clear he wanted to send a simple message and nothing else. He won't be rejoining these forums any time soon, nor will he be touching his coins.

Nothing has changed except we now know that he is alive and watching. I'm also glad to know the man who brought us Bitcoin has a heart, and is selfless enough to risk his anonymity to protect an innocent man and his family.

In light of recent events, let Satoshi's action today be inspiration to those among us who would let greed and selfishness blind them for personal gain.

I agree

Dorian Nakamoto was too perfect a picture of what one would expect Satoshi to be like.
I just hope he'll be left alone after Satoshi has now spoken up


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: koryu on March 07, 2014, 08:21:36 AM
there is no evidence in this article. they just write a wall of text and in the end all they have is, that this guy shares the same name.

nevertheless, more people will read about bitcoin, so thats good.



had to quote myself :D

so what happens next when china realize that this story is fake, they gonna buy the 15k btc back they have dumped due to the news?


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: seanneko on March 07, 2014, 10:23:42 AM
The journalist just wants to score with her article. Do you know in what kind of god awful state so called professional journalism is nowadays? Look at all the bullshit they come up with around Syria, Ukraine, the economy and also Bitcoin. And then you are so easily able to accept this story as the truth? Isn't this more like wishful thinking or confirmation bias at work?

Journalism has always been a joke, it's just that we have better communication now (eg. Internet) which results in people being more educated about current events.

Go back even just two decades and the only source of news was the morning newspaper. For us Australians, Rupert Murdoch pretty much controlled our opinions of everything. That's still true to a degree today - but not as bad as it used to be.

We really need stricter laws on how powerful the media is allowed to be. It's just hard to achieve it in a way that doesn't put the Government in power, like in China. Perhaps one company can only control a certain percentage of the newspapers. I don't know.

Murdoch determined the outcome of our last federal election. They would publish Photoshopped photos of the opposition leader wearing a Nazi uniform, and apparently that breaks no laws.


Title: Re: Prediction of price due to Satoshi's reveal?
Post by: lumierre on March 07, 2014, 10:33:13 AM
Yesterday, BTT experienced the highest one-day registrations. The news about the alleged Satoshi probably sparked people's curiosity about Bitcoin. Some curious souls have just arrived. ;)



Title: Re: Prediction of price due to Satoshi's reveal?
Post by: Cassius on March 07, 2014, 10:39:39 AM
Yesterday, BTT experienced the highest one-day registrations. The news about the alleged Satoshi probably sparked people's curiosity about Bitcoin. Some curious souls have just arrived. ;)



Can't be a bad thing.
Doesn't look like the story came to anything, though the real Satoshi apparently surfacing is what's really intriguing here.
And despite the maxim, the fake Satoshi does seem to have got a free lunch out of it.