Bitcoin Forum

The real identity of Satoshi Nakamoto, the creator of Bitcoin, continues to remain a mystery. However, what is known is how many bitcoins were mined by the person/persons and how much those coins will be worth now considering the meteoric rise in prices of the legacy coin.

At the time, Bitcoin did not hold much value. But now, each Bitcoin is priced at over $56,000. This makes Bitcoins owned by Satoshi worth over $56 billion.

Satoshi Nakamoto had become the 15th wealthiest person in the world with an estimated net worth of around $73 billion, considering crypto holdings in the region of 750,000 to 1.1 million BTC, according to a November 15 article by the Independent. Bitcoin prices had shot up to nearly $70k.


However, while it remains to be seen who the real Satoshi is, the crypto pioneer’s BTC holdings have risen multifold since they were last touched. And there's no evidence suggesting that Satoshi has moved these Bitcoin holdings.

Source: https://www.cnbctv18.com/cryptocurrency/satoshi-nakamotos-bitcoin-holding-heres-how-much-it-is-worth-now-11608832.htm

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

No one knows until now because everyone is so anonymous and the data collected is also limited to mining transactions without referring to whom and where it will end up. Then with a large amount that continues to be monitored, of course it can open over time, but who will continue to monitor it so that every time a shipment from his personal wallet flows to one name? that's the problem that until now he will remain in hiding and be aware of the existence of detailed tracking.

Rather $54,000.

I question “the most prominent block chain analytics provider”. There's no evidence this person mined 1.1 million BTC, only assumptions based on pure speculation.

We had a recent discussion about this topic: Is it possible, that Satoshi used precalculated addresses and not random addr (https://bitcointalk.org/index.php?topic=5370411.msg58407687#msg58407687).

If Satoshi will remain a mystery? It's obvious they won't show up ever. As for the holdings, the fact that they haven't moved so far shows me that the majority of those won't either.

Does it really matter? Satoshi jumpstarted the entire cryptocurrency industry in general. Whatever he/she/they are planning with the coins, he/she/they totally deserved it. Satoshi could literally dump it right now and I would still thank him/her/them.

I personally think that Satoshi had plans to make bitcoin, start to develop it and leave it in the hands of others for the very start.  One thing that always surprises me is that people are constantly talking about how his wallet has sat untouched but don't you think it would have been quite easy for satoshi to collect other bitcoins in other wallets over the years? Of course it would have been.  My guess is the real satoshi is still probably a billionaire.

This is one of the most people who are afraid for, different wallets that are suspected or verified that it is owned by Satoshi Nakamoto.
There are some people who are looking to it or watching it if it will have an output transaction because for sure it could be sold on the market or it is proven that those wallets are still not in lost by Satoshi Nakamoto.

I believe that we cannot consider them to be Satoshi's wealth. First because it is not clear that he mined them,as BlackHatCoiner has said. But even if he mined them at least in large part, if he has not moved them I see it quite unlikely that he will.

This is pure speculation on my part, but I think that the private keys of those bitcoins were lost by either by accident or on purpose, as a donation to the system as a whole, because the less bitcoins circulating, the more value.

It doesn't matter because in the end we all are Satoshi and he started a decentralization chain in which we all as a community are involved and we should leave this mystery until he wants to resolve it or he is dead no one knows so make it simple rather than more complex.

Take his million coins also out and yes less the supply more the value according to simple economics which derive demand and supply rule.This is our main matter and we don't need to make efforts to unveil who is the creator of Bitcoin as there are many self-proclaimed  Faketoshis in the market like Craig Wright and some other but we all are satoshi and he doesn't control the system so be happy.

But the fact that there's a lot of impostors trying to claim that they're Satoshi is not going to go down anytime soon even if we arrive to a point where Satoshi himself reveals who he is, at that point we might not even believe it anymore. I think that the current tracking technology isn't that advance or competent enough to trace the roots and find who Satoshi really is, remember that he's the creator of this so he definitely knows how to avoid the tracking.

If this is answerable then for sure the market had already reacted in response to that idea, but the thing is that No One really knows though all of us really cares.

What i mean here is that if ever Satoshi move that funds then that will be the much awaited super dumping market.

This will bring big impact to the whole crypto market as the amount of that bitcoin represents 5% of the whole bitcoin  capitalization

We can guess what will happen tomorrow or in 10 years, but the fact is that none of us can predict the future. I don’t know why people are so obsessed with how much Satoshi mined BTC, he had to do it because he was the first miner and had no other choice. Considering that he was above average intelligent, I have no doubt that he protected his private keys well so that they would never fall into the wrong hands of various Faketoshis who try to steal his merits.

So I'm not worried that he will ever endanger Bitcoin by trying to profit from it, he could have done it a long time ago if he wanted to. This should remain a mystery for a reason, although most people cannot accept it.

I personally believe that Satoshi - whether he is still alive or not - destroyed the private keys of his wallets. That would at least fit his behavior in the past. If he had a personal interest in the wealth (which would be around $50 billion, based on the wallets that are attributed to him), then he would certainly have moved Bitcoin from these wallets in the past.

Maybe those amounts in Satoshi's wallet will remain like that until someone who knows the passphrase of the wallet will open the wallet and sell it regularly to make huge money.

Until that time, Satoshi still held the bitcoin in the wallet without moving it to another wallet and we can imagine what will happen to the crypto market if that wallet goes to the wrong hand. Maybe he will sell it at once and dump it to the lowest price. However, the bitcoin journey still has a long path and no one will know what will happen to bitcoin in the future.

I'm not too curious about him. Whoever created him was a great man, he had seen the future. He has created a technology that inspires many people. In addition, he has also improved the condition of users who believe so that their economic condition improves.
I don't know if Sathosi Nakamoto will be found. What about his fate. What about the safety of his life. It seemed like he would invite a lot of evil to take possession of his treasure. I hope Sathosi remains anonymous, as Bitcoin has been developed through a consensus that developers have agreed upon for mutual advancement.

The moment those funds move, bitcoin will die. That's what I believe. Moving those funds will mean that they are not lost and if they are not lost, it would mean that those coins are only waiting the right time to get sold. That would create a huge panic in the markets and people will line up to sell their coins before satoshi does and eventually it would crash bitcoin like 99%.

Here is the good news;

satoshi already knows this so even if he has the private keys still, he won't do such thing.

The hype regarding Satoshi's identity is long gone already and nobody is interested on it anymore... or still there are :D.
Anyway, I don't think that Satoshi will reveal its identity and I think that would be better knowing that Satoshi is holding that huge amount of money right now.

Does it matter if Satoshi will reveal its identity or not? Will it change how Bitcoin is right now if Satoshi's true identity will be revealed? I don't think so that's why its better that Satoshi will just remain a mystery. TBH, nobody knows if that 1.1 Million or whatever amount Satoshi holds will be transferred for some reasons. Maybe it is inaccessible right now or Satoshi is dead already and nobody has a way to get access to that huge amount of Bitcoins.

You are such an old forum member, but you still believe in stupidity ... If I said that this is unlikely, then I would probably underestimate the meaning of this word, since the market is already at the stage when it will easily absorb such a volume of Bitcoins. Do not forget that there are real money behind hundreds of cryptocurrency companies, which is another reason why a group of gray cardinals agree on how to fend off such a price collapse. And last and perhaps most importantly ... I know a dozen people who will buy Bitcoin if its price drops to the values you are talking about.  8)

God, what an insightful answer that if I could I would give you the first place in the nomination "golden pen".  :o

Those coins he owned will never see the light of day ever again. He may still have the keys, or still have control to all coins that he has but I think he already ditched bitcoin for good, and the 1m+ coins he left on the void as a "gift" to the community. I remember reading one of his comments on scarcity and lost coins, and IMO that 1M+ coins mined by him are intentionally and purposely done to reduce the supply effectively, generating value and helping the price rise.

''For greater privacy, it's best to use bitcoin addresses only once.'' -Satoshi Nakamoto
No one can find him out. He shows himself if he wants. Remember the Genesis Block.

satoshi probably mined more Bitcoin and do it anonymously so that we can not know about that amount. If he did so, he does not need to use the amount we all assume that belongs to him for his wealth-being.

I only assume satoshi is masculine because in fact we don't know who is satoshi (he, she, they, etc.)

With the strong belief he has for success of Bitcoin, he won't simply created it and did not mine many Bitcoin in early days to months. It's just we don't know what he actually did back in 2009 to Dec 2010.

It can plummet the price of Bitcoin to zero if that will happened. BinanceUS drop price to 9K before by just a mistake of some institutional trader to drop 500 plus worth of Bitcoin so what's more if a million will be liquidated on an exchange. But this is impossible to happened since an exchange has limit on deposit and I believe no one that in the right mind will deposit huge tons of money on exchange and drop it at one go.

I believe OTC transaction is the only way Satoshi can liquidate his BTC into cash. He just need to use mixer before he do the transaction for his privacy.

That's him with all the greatness that can't be solved by today's sophisticated technology experts. Or most people say that Satoshi is the one who hides in the back who can't be touched. This is the kind of hero who has given great service to mankind, but he is strong enough not to reveal himself to the public. He will remain anonymous, although not a few who claim to be A, he is B and so on, will end in rejection from the Bitcoin users themselves. Even if the real him appears in the end, everything will become null and void.

Satoshi could dump literally every single coin he/she/they have and heavily FUD bitcoin at the same time and it would still not reach zero. As long as nothing has changed astronomically to the protocol in a negative manner, you'd be damn sure that there will be a lot of bidders down the price charts if nothing has changed to the protocol.

I've heard the story of the Legen who resides on the hill of skulls with a pair of eternal virgin goddesses, but until now the mystery has not been solved, its authenticity remains a mystery in my area.

To be honest, I'm not sure how much Satoshi's worth of $___$ is today, what is clear for now is that the world must know the greatness of Satoshi, the creator of Bitcoin, whether it's a group, an individual or the like, it can be concluded that Satoshi & Bitcoin will be a history/story that is still an unsolved mystery, although nowadays many say, this 🥸 is Satoshi and that 🤓 is Satoshi.

Thank you very much and thanks for the information, regarding Satoshi's wealth.

He will remain anonymous forever, but of course, we will see his holdings moving soon or in the future. It's common sense, why would he hold a lot of money if he cannot spend it, besides, you'll only enjoy the value of your money if you will spend it.

OP, your question is irrelevant at this point.
What's the point of asking a question that nobody,except Satoshi himself,can answer?
Increasing your post count with one more post?
Every year,multiple Bitcoiners keep asking the same question and it is clear that nobody can answer.
I'm beginning to believe that Satoshi Nakamoto might be dead and his BTC will remain untouched forever.
What's the point of having billions of dollars worth of BTC and not using them for something good(for charity,environmental projects or investing in promising startups)?

You don't know which coins belong to whom on bitcoin blockchain and despite what these clickbait topics and clickbait websites keep claiming we have no evidence of the total number of blocks Satoshi mined. On top of that many of the early mined coins have already been moved but nobody seemed to care or even notice!

satoshi nakamoto in my opinion he is the richest man in the world today satoshi has a lot of bitcoins now satoshi releases bitcoin then he will become the richest person in the world today do you agree with me?

Well as you said, it's clear that nobody can answer it then what's the point of your statement that you believe that Satoshi might be dead? Do you really believe that behind the name Sathoshi Nakamoto is a single person? At this point, there's no clarity on that claim because maybe the name behind SN is a group of individuals and not just a single person.

How about if you answer that to yourself. Would you do charity or enviromental projects if you have billions of USD?

if there are people who know about the wealth of satoshi nakatomo, maybe everyone will be jealous of the wealth he has, but that's how satoshi plays in hiding his identity, let alone finding out about his wealth, his identity until now no one knows, I think it's better for us think about what he has created, instead of dizzy we think about his wealth..

most likely satoshi is the richest person in the world today, because he is the true owner of bitcoin, he introduced bitcoin to us, he is also the one who has taught us about the bitcoin business, maybe for that reason he hides his identity, he doesn't want to publish himself on the internet. public, because he doesn't want other people to know about him and the wealth he has.

one thing that i dont understand!
where is his all 1mil coins? is there anybody who saw his wallet balance? i know its a cold storage
how people say hes holding 1mil coin??

You would really be having some nice good read on this link in regards to this
https://decrypt.co/34810/how-many-bitcoin-does-its-inventor-satoshi-nakamoto-still-own

When it comes to wealth then nothing beats out the creator itself yet its still not precise about those numbers he do own specially on those bitcoin test phase time of itself which means we dont know on how much he had mined that time but people were speculating about a million
which we know if its accurate or just presumptions.

You have trouble understanding it because it is an absurd claim based on weak guesses at best. Basically many years ago someone hypothesized that certain bitcoin blocks looked to be following a "pattern" and based on that he concluded that they were all mined by Satoshi. Ever since then people have been claiming a lot of early blocks were mined by Satoshi hence the 1 million BTC balance sum.

The funny thing is that from time to time an early adopter comes along and reveals that the early mined blocks were mined by them and moves the coins. Here you can see a lot of early block rewards that were already moved by their owners:
https://blockchair.com/bitcoin/outputs?s=block_id(asc)&q=is_from_coinbase(true),is_spent(true)#f=is_spent,block_id,time,is_from_coinbase

I have serious doubts if Satoshi Nakamoto even have access to those "early" coins. I think he mined "tokens" in the early days as an experiment and he/she or they never even thought that it would reach a price of $60 000+ .....so Satoshi just threw away the private keys for those experiments. (probably printed on a piece of paper or written down in a notebook)  ::)

Let's say for one moment that Satoshi has access to the Private keys for these coins, then Satoshi will probably never touch them again. The Blockchain forensics has improved so much, that it might be dangerous for someone like Satoshi to move around these coins. (The criminals are also watching those coins, in the hope that they could possibly identify Satoshi and then get their hands on his wealth)  >:(

I do not agree that he never had access to these coins, and I think he understood perfectly the problem that these coins might cause in the future. Unless something happened to him suddenly, I believe he made sure no one but him ever got access to those private keys. Satoshi has never shown interest in profiting from Bitcoin, so it is not at all debatable what he would do even if he knew how much 1 BTC would be worth in 10+ years.

Yeah, you're right! right now, all we know are the numbers and the transactions that are being made every day. thanks to the latest technologies that have been provided by those who develop some way to manage to easily track transactions nowadays. However, that's the only info that we have concerning the total numbers of bitcoins and we don't have any idea who holds them but if somehow in the future someone will develop software to track its owner, then that would be possible and we will gather more info about Satoshi Nakamoto.

For some reason, I think that there will be no movements in these wallets. Perhaps the keys are lost, or perhaps this is the concept of the stability of bitcoin, as the founder of the cryptocurrency. After all, if Satoshi's personality reveals itself and his assets begin to move, who knows how Bitcoin will behave with such significant processes.

We still don't even know who Satoshi Nakamoto is but Satoshi is continuing to climb the ladder to become even the wealthiest person one by one. As long as Satoshi doesn't convert their Bitcoins to anything, it seems like they will continue to be richer as times goes on. I can't even imagine their place when the Bitcoin price reaches ten times the current level in the future for example.

That man is very anonymous wherein even his holding for sure most of that news around the internet that showing satoshi nakamoto's wealth is not true, only approximately, i mean without any specific evidence such how much bitcoin that creators really owned on his pocket right now..or if its the real wallet of satoshi. Lol I believe it's massive but its impossible that someone can find where did nakamoto's store his bitcoin.. He is very anonymous wherein no any evidence left only bitcoin..so how is that possible someone can locate his wallet?