Bitcoin Forum

if based on 1m bitcoins, means he/they are worth half billion right now.

Will Satoshi Nakamoto ever become the world's richest person? ???

whats going to happen?

The first thing u need to know in this respect is what is the wealth of the current richest person on the globe.

Ha, I never thought about it like that but I suppose it's possible especially if Bitcoin goes even semi-mainstream. Would be pretty cool if that did happen and the money still just sat there untouched.

If each coin is 60,000$ USD he would be worth 60$bn.

If each coin goes to 200,000$ USD he would be worth 200$bn.

What would be cool rather than the money just sitting there untouched was if he took all his BTC and sent transactions of 0.00000001BTC and 1 BTC as the fee 1 million times, so the BTC went into circulation

100k per bitcoin @ 1 million bitcoins would make his stash worth ~ 100 billion dollars

LOL

Bill gates has a net worth of ~78 billion.

So if bitcoin does achieve extremely high valuations, then yeah, that would technically make him one of the richest people on the planet.

I wonder if he will ever emerge from the shadows again.

Thing is, he might become the first trillionaire too.

If that money remained untouched that would mean that the price would only because of that fact rise even higher.

He already is the richest person in the world.

possibly if bitcoin boom that much in his lifetime

I am not even sure that he is alive. None of his coins have seen any movement for many years now. What if Satoshi was 80-year old at the time he wrote the paper on Bitcoin? IMO, we should add his coins to the lost coins category.

It's quit surprising he never spent any relevant amount of his bitcoins.

He probably doesn't need it, but I wonder if he doesn't also wants to avoid any sort of accusations of having taking advantage of a period where almost no one was mining.

He could offer some to charity. But I guess it would be hard to see to whom the coins were sent.

Anyway, it's a striking contrast in front of almost all the promoters of alt coins.

I don't think so, even If 1 bitcoin goes to $200k. I'm sure that not in public there are person who owns over a half of a trillion dollars ($500 billion).

I personally believe Satoshi Nakamoto is the tech giants Samsung,Toshibia, Nakamichi and Motorola. I believe it was a joint secret project. Or that researches from those companies came together and did it in their free time in secret. I don't know. I just think it's too weird of a coincidence that if you take the first parts of each of those company's names you get Satoshi Nakamoto.

+1

Or some variation thereof.

Although I am fairly certain he is keeping that stash in case of a crisis that may come in the future.

There may come a time when this quantity is needed to save the currency.

In the far distant future.

-B-

I think he arguably deserves to be one of the richest, but with that sort of money comes great responsibility. Just think of the power it would bring. I actually hope he would use the money for good in some way at some point. Maybe set up some sort of charitable orginisation. He's already gave us the bitcoin technology which could change the world but maybe he could change the world again with the actual coins/wealth.


Yeah. Have you also noticed that 9/11 was on 9/11? Coincidence? I think not!

I believe that you were sarcastic in your post. Most of these companies are fierce competitors and will never co-operate on anything. Anyway, the first part of the names was funny stuff.  ;D

I've not seen that before either.  :)
@Jaaawsh did you think of that or see it somewhere else? It is very creative, good job.

Nah it's been around a while: https://bitcointalk.org/index.php?topic=630066.0

It's cool and all but I'm sure there's absolutely zero truth in it. And I'm not sure he was being sarcastic haha.

He could easily be dead by now , i know i woulda been if i made currency , mine 1M of it and see it go to 1200$, i would surely got heart attack.

Or since coins did not move, maybe he lost his wallet? :D

There are many many possible scenarios , the one with him becoming richest man on earth i think is the less likely one :D .

He is alive, he posted using his account on P2P Foundation, when Dorian was nailed.

http://www.forbes.com/sites/kashmirhill/2014/03/06/bitcoin-creator-returns-to-internet-to-say-i-am-not-dorian-nakamoto/

Oh shit, yeah i forgot about that . Still there are many possible scenarios left :) .

guys keep speculating about satoshi but never try to expose satoshi

try some here

http://www.reddit.com/r/Satoshistories/

Many people tried to expose him , but many failed. He is smart guy, he invented bitcoin, he was probably smart enough to hid good enough like we can see :) .

Why do you want to expose him?

Hasn't he make us enough favours to deserve to be left in peace?

I did not say i want to expose him, i said many people tried, me not included :) .
I agree , he should be left alone and never be found.

Satoshi's stash is firmly controlled by the NSA.

If you guys think that the US government would pass on such an opportunity you are living in a fantasy world.

Isn't it just a estimate that he has 1 million Bitcoins? By the way, why do people keep saying 'if the price gets...'?

This all depends on whether he still controls (or most of) those early mined Bitcoins.

There are already trillionaires but since they own the rich lists they only mention the loosers (billionaires) because they want to stay anonymous.

I totally agree.
Bitcoin is the USA escape from the empty gold vaults

The US would be the country who would lose the most, if bitcoin were to take the place of the dollar, at least for international trade, but you think this is all a conspiracy by the NSA.

I think you do overestimate them.

Yes he will, but (s)he'll never spend a single satoshi of her/his bitcoin fortune. The invention of cryptocurrency was an entirely selfless act.

Satoshi is not a capitalist.

Is there any way to tell which addresses belong to Satoshi?  For that matter, is there a way to search all public keys and order them from greatest to least in terms of number of btc?

That would be interesting.

I think some people do that, too. I wonder if they think that if Bitcoin becomes more valuable than almost any precious metal traded, which is more than any currency, they'll just let it get off scott free. Not to mention, the 'X' in 'XBT' means something.

Evidence please?

He gave freedom to everyone.
No money can buy freedom

If I was Satoshi, I would never publicize myself and will stay out of the limelight. At today's exchange rates, Satoshi's stash is worth around $625 million. In case if Satoshi comes out in the public, then he will have to deal with all the tax-related formalities. Also, there is the problem with hackers and wallet thieves. (All this, if he is still alive).

I sure hope not. He once said on the forums something to the effect of "lost coins are a donation to everyone else" so I'm hoping that he considers those coins lost and won't ever tap them.

What if he lost his wallet with 1m bitcoins :D ? LOL .

And do anybody have his wallet address , or addresses ? I would love to see them :D .

No he won't considering decentralized structure of the whole system he builded. It won't allow him to climp on the top of the pyramid beacasue the pyramid doesn't even exist.

I do too, but not sure whether he considers his lost.

The idea that Satoshi, in 20 years, could potentially be the richest man in the world, and still have his identity concealed, would make for an awesome novel. You come imagine the "Forbes Richest People" list, with a dark silhouette for the #1 spot.

This is actually part 06 of a novel I am publishing elsewhere in installments.
http://k.lenz.name/LB/?p=9828

Hahahaa... That would be quite awesome. :D
Maybe Satoshi is a Zodiac, he was never been found :D . Not many people i the world succeeded at that.

No need to wait 20 years, I'm sure there are already people like this. The riches people are not in fobres really. Like you said the richest people are with a dark silhouette and no one knows them publicly. I have no idea who they are but  maybe something like a group of 100 illuminati  people that own trillions around the world and control big part of all worlds economy or something like that :P  It's just rumors your choice to believe this or not to but It sounds pretty logically for me :D

Well i dont think somebody with only a pseudonym "Satoshi Nakimoto" can get on the forbes list :) . Especially when his wealth is not in fiat or asets, its in Bitcoin, unless he decide to sold them all for fiat that is :D LOL .

There was interesting story about bitcoins at $123.000 in 2023 and Satoshi worthing $94 billion
http://www.reddit.com/r/Bitcoin/comments/1pqdy0/bitcoins_at_123000_in_2023_satoshi_worth_94/

The richest person on earth are central bankers, they bought essentially everything on the planet using money out of thin air, their worth is calculated by trillions

It's pretty likely he'll become the world's first trillionaire

you can't jus tthrow things like that around without giving numbers for some context. if he is worth $1 billion now, then bitcoin at present would have to multiply by 1000 fold. to say that btc will hit 500k-650k is kind of ridiculous.

The richest person in the world at the moment is Bill Gates with $78 billion. If Satoshi has 1 million BTC (i believe he has much less than that, but whatever), then he will top Bill Gates when 1 BTC is worth more than $78,000. It is possible, but Bitcoin would have to replace half of the dollars in the world, and I don't think that will happen soon.

1) Satoshi is still alive
2) He most likely has control over those coins still (he invented bitcoin with damn near perfect, do you really think he'd be so careless to lose his private keys?)
3) He won't move those coins until bitcoin is super-main stream. Reason: If he started to move ANY of them now, everyone would know he has access to them, speculation of a bitcoin dump would began and people would sell bitcoin and drive the price back down to sub $10/coin maybe $1 per coin, thereby hurting his personal unrealized wealth and the future of bitcoin.
4) What will he do with the coins? Hopefully donate some, use some to fund needed bitcoin projects or lobbying, build infrastructure and keep some for himself.

Precisely what Professor Bitcorn wants him to do. Satoshi comes this month to fulfil PB's prophecy :O

He would not make such a mistake to start moving them this month while adoption is still in its infancy. Was your statement sarcasm or you really think BTC will hit $10 in the next 30 days?

it's crazy how satoshi's $1 billion could be lost as a password or forgotten account info.. that kind of wealth hangs on a balance.

If he thought up Bitcoin, and managed to stay hidden this long, I doubt he's just using a password. Or relying on it, for that matter. And I'm pretty sure he's using a client, or such.

This.

"The Five" are estimated to have personal 'funds' in excess of 65 trillion dollars as 'petty cash' alone.

Wake up to who really runs the world folks. Looking at the forbes or times rich list is like looking at who is no.1 in the music industry charts this week and totally ignoring the music industry bosses, i.e. the ones really in control and having much more money.

See: http://rense.com/general79/tril.htm or https://en.wikipedia.org/wiki/Bilderberg_Group

These are the > 0.01% of people that 'own' and have influence over the entire world. For good or for bad.

So, for Satoshi Nakamoto to become the 'richest' person on earth, well, that's very unlikely indeed.

Maybe SN enriched a lot of peoples lives though - then again maybe not - free will, destiny or luck considered.

I wouldn't be surprised if such illionaires existed already....

If Satoshi becomes the richest man in the world it means the rest of us are really rich as well so he gets my vote.

Hopefully he doesn't forget his private keys... lol

The richest person on earth is the one who has nothing, yet is content.

The wisest person is the one who knows that he knows nothing ?

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

~ Conspiracy theory and conspiracy fact.

That is debatable. Back in 2010, the exchange rate was something like 1 BTC = 0.0008 USD. A lot of people were mining Bitcoins, and then throwing it away. Very few users at that time thought that it will increase in value by a million times.

Satoshi was a billionaire once - when Bitcoin reached $1200 back in November 2013. He has 1 million coins so that would have made him worth about $1.2 billion.

The richest man on Earth is Bill Gates who has around $50 billion last time I checked.

So if BTC reaches over ~$50,000 a coin then he will be the richest man in the world.

if theses coins are still in his possession than he/she/it/they will be the richest person but that will take some time...

According to Gavin, Satoshi was pretty sloppy, when it came to programming. (I never looked into the code, but you would see that there).
So he is far from perfect.
I am saying this, with all respect to Satoshi, but he is just not that god-like person, a lot of people illustrates him

That would be sick awesome if an anonymous person became the richest person on earth.

But the question then is is he content? I hope so.


Since when do you have to be perfect to be a god? He's given his god-like status by people who worship him or his idea. I think you can be a genius or have a genius idea but not be 'perfect' (after all, no one is).

LOL , are that facts ?
U know all that by talking to him or what ?

hah, u open forbes list and at first place , dark silhouette of "Satoshi Nakimoto" that would look so cool :D .

But not so likely to happen, even if he become like richest , there are probably some other anonymous people that are richer.
Who knows...

Tobacco industry, pharmaceutical industry and "researchers".

We cannot be 100% certain that he has that many still in his/her/their possession... And 50k is QUITE A BIG STEP AWAY. :o

It's two, max. three years away.

No way will bitcoin be at 50k in 3 years.. I can safely say that

No u cant. Its so not safe to say that. Btc can get to that price in matter of months . Everything is posible in bitcoin world.

GOOD LUCK on finding out the networth of the Rothschilds.

never know, think if user base is 100m+ people..

50k dollars per bitcoin is still a long road, but we are not so far, if the trend continues we will be there in 2016.
Only a couple of years for Satoshi to be the richest  :)

What is the point of tossing out some numbers without presenting any justification?

I don't care if the numbers are optimistic, or not, they have no value whatsoever.

Well u are kinda right. For the starters i would love to see that actuall 1m bitcoins. And how people know its his.

https://en.bitcoin.it/wiki/Genesis_block

Track from there.

Let's not forget that a single family controls a little over 50% of global wealth.

What?! Which family and how the?!

https://www.youtube.com/watch?v=onWb_ripZ3c

P.s. It's no secret.



-edit-
https://www.youtube.com/watch?v=UmBHeUOg4Wc - short
-edit-

I think is already one of the richest.  :)

Those conspiracies about the Rothschild have no foundation.

https://en.wikipedia.org/wiki/Rothschild_family#Conspiracy_theories

http://skeptoid.com/episodes/4311

You need to clarify your question.

If you are asking will Satochi have assets valued at an amount that is greater then anyone else on Earth, then quite possibly. The value of BTC would only need to appreciate ~100x from where it is now for that to happen. That would not be unreasonable when comparing the market cap of Bitcoin to other stores of value (the dollar, Euro, other currencies, Gold, Diamonds).

If you are asking if Satochi will have the most purchasing power with his assets (Bitcoin) then the answer is almost certainly no. If Satochi were to attempt to spend any substantial portion of his Bitcoin then the price of Bitcoin would likely subsequently fall substantially. Granted it is not known which addresses are controlled by Satochi exactly, so if he were to spend a few hundred Bitcoins (4-8 50 BTC mined blocks worth) then it would be reasonable to believe that the selling was being done by another early adopter. However if he were to sell several thousand coins for goods/services/property/fiat then it would be obvious that it was Satochi doing the selling.