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Title: Do you think Satoshi will ever spend his bitcoins? Post by: e1ghtSpace on July 27, 2014, 06:56:50 AM So, do you think Satoshi will ever spend his bitcoins?
You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: beetcoin on July 27, 2014, 07:19:12 AM i don't really know. i just hope satoshi isn't a greedy guy and doesn't care about the money.. and decided to see what his donating money for certain causes would or could change the world.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: keithers on July 27, 2014, 07:29:56 AM i don't really know. i just hope satoshi isn't a greedy guy and doesn't care about the money.. and decided to see what his donating money for certain causes would or could change the world. He has already started to shape the future of the financial world Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BtcGains on July 27, 2014, 08:27:31 AM It will cause a lot of controversy that's for sure. He's already in hiding since it's so big...
By selling his coins he basically throws away all of the credit for his work as it simply says that he would rather a fiat currency. Do you mean exchange or spend as in send his bitcoins to other addresses Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: AliceWonder on July 27, 2014, 09:11:09 AM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively.
Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BtcGains on July 27, 2014, 09:38:10 AM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. He's got unlimited funding basically for new projects... I think he's thinking up new ideas for his money rather than planning on reaping the rewards. Satoshi is a creator, he dreamed up bitcoin and went ahead and created it. It's only a matter of time before he releases something new whether it be a success or failure. Who knows maybe he's already behind big projects but under new alias' Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Alchemix on July 27, 2014, 09:47:47 AM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. No Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: LiteCoinGuy on July 27, 2014, 09:52:09 AM i think he will never do this because he would hurt his own invention. maybe he destroyed the keys of the early mined btc.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: marcotheminer on July 27, 2014, 09:56:40 AM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. No Yes Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: e1ghtSpace on July 27, 2014, 10:30:04 AM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. No Yes Edit: I was just highlighting the fact that there wasn't a maybe. Edit 2: Fine, I'll change it. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: falllling on July 27, 2014, 04:16:34 PM Satoshi cashing out some Bitcoins!!!
Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Bit_Happy on July 27, 2014, 04:19:25 PM ... This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Maybe :P Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: InwardContour on July 27, 2014, 06:53:56 PM In my opinion, if Satoshi is still alive, he will wait to spend bitcoins untill the adoption will be complete,
there's no reason to spend them if they are increasing in value every year with this ratio. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Baitty on July 27, 2014, 06:57:56 PM I would expect a lot of people to panic if those coins were moved what do you think? I think it shows that he's moving them for a purpose and then there will be a lot of speculation that he was planning this all a long so he could profit from Bitcoin.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: joshraban76 on July 27, 2014, 07:05:29 PM I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: zhinkk on July 27, 2014, 07:07:38 PM At some point, those coins will be spent/moved. But I don't think that will be for a long long time.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Baitty on July 27, 2014, 07:08:00 PM I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I. I think it would be incredible if they never move it really shows that satoshi actually cared about the project and removes the possibility of people calling it out as a scam for the creator to earn a quick buck. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: tinof on July 27, 2014, 07:08:11 PM I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I. Back in the old days, those coins are pretty worthless and most people probably don't even care if they lose it all. The owners of most of the top wallets with no activity probably already lose the private key. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Daniel91 on July 27, 2014, 07:08:20 PM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Well, this is really very interesting info, thank you for sharing. I hope that this is not sight that Satoshi think that now is time to sell Bitcoin and maybe create something new. If this info is 100 % correct than answer to the topic question is yes. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: beetcoin on July 27, 2014, 07:09:29 PM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. it's not like he has to mix them all. he can just cash out a million or two. but i don't know if it's going to happen either way. safest way to go about is maybe donate the coins to a charitable organization.. he can't be caught doing that. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: seriouscoin on July 27, 2014, 07:10:19 PM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Well, this is really very interesting info, thank you for sharing. I hope that this is not sight that Satoshi think that now is time to sell Bitcoin and maybe create something new. If this info is 100 % correct than answer to the topic question is yes. Read falling's post history and you will see. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: 2Pac on July 27, 2014, 07:22:42 PM Yes, of course he will spend at some time.
I hope he won't though. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Bit_Happy on July 27, 2014, 07:51:02 PM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Well, this is really very interesting info, thank you for sharing. I hope that this is not sight that Satoshi think that now is time to sell Bitcoin and maybe create something new. If this info is 100 % correct than answer to the topic question is yes. Read falling's post history and you will see. Yes "seriouscoin" this attempt at FUD was really lame since the "news" is from Feb. Is "falllling" failing at whatever he/she is trying to do? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Baitty on July 27, 2014, 07:52:57 PM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Really bad attempt at spreading FUD looks like you spent a lot of time doing that too.. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: AliceWonder on July 27, 2014, 08:44:37 PM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. it's not like he has to mix them all. he can just cash out a million or two. but i don't know if it's going to happen either way. safest way to go about is maybe donate the coins to a charitable organization.. he can't be caught doing that. Cashing out some has too much chance of a DoX resulting in criminal targeting. e.g. someone kidnaps a niece for bitcoin ransom. Remember that if he is in the US any sizeable withdrawal requires reporting to government by whatever exchange is used. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: RedhatCAT on July 27, 2014, 08:46:39 PM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. it's not like he has to mix them all. he can just cash out a million or two. but i don't know if it's going to happen either way. safest way to go about is maybe donate the coins to a charitable organization.. he can't be caught doing that. Cashing out some has too much chance of a DoX resulting in criminal targeting. e.g. someone kidnaps a niece for bitcoin ransom. Remember that if he is in the US any sizeable withdrawal requires reporting to government by whatever exchange is used. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: falllling on July 28, 2014, 04:36:11 AM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Really bad attempt at spreading FUD looks like you spent a lot of time doing that too.. i can not crack bitcoin block chain and use satoshi's coins to make this FUD, can i? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: falllling on July 28, 2014, 04:38:31 AM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Well, this is really very interesting info, thank you for sharing. I hope that this is not sight that Satoshi think that now is time to sell Bitcoin and maybe create something new. If this info is 100 % correct than answer to the topic question is yes. Read falling's post history and you will see. Yes "seriouscoin" this attempt at FUD was really lame since the "news" is from Feb. Is "falllling" failing at whatever he/she is trying to do? i can not crack bitcoin block chain and use satoshi's coins to make this FUD, can i? stop fooling yourself, sell or nothing Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: falllling on July 28, 2014, 04:39:03 AM Satoshi cashing out some Bitcoins!!! Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Well, this is really very interesting info, thank you for sharing. I hope that this is not sight that Satoshi think that now is time to sell Bitcoin and maybe create something new. If this info is 100 % correct than answer to the topic question is yes. Read falling's post history and you will see. stop fooling yourself and others Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Zapdos on July 28, 2014, 09:01:15 PM He has been spending his coins:
Example: https://blockchain.info/block-index/15956 https://blockchain.info/address/1B9zyacRvnw5CL6NBd3HN484eDNsQqFNyV These ended up going to Hal Finney: https://blockchain.info/address/157i5gK7iN4bNAN39Ahuoiq6Tx5TaQukTE Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: giveBTCpls on July 28, 2014, 10:14:59 PM Im pretty certain he uses them. If I was a super anonymous figure that had to remain anonymous for security reasons I would avoid banks and fiat as much as possible, he probably has enough Bitcoins to never need to work again so why not buy anonymous thanks to them.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: hamiltino on July 28, 2014, 11:46:01 PM he will dump them all on bitstamp :D
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: zhinkk on July 29, 2014, 12:54:47 AM He has been spending his coins: Example: https://blockchain.info/block-index/15956 https://blockchain.info/address/1B9zyacRvnw5CL6NBd3HN484eDNsQqFNyV These ended up going to Hal Finney: https://blockchain.info/address/157i5gK7iN4bNAN39Ahuoiq6Tx5TaQukTE I don't get it, you just linked to random transactions. How can you link these to satoshi? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: haploid23 on July 29, 2014, 02:06:48 AM This is just another speculation thread. No one will know if he will spend or not, not even he himself knows if he is going to spend his btc (assuming he still has the keys to them).
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: The Bitcoin Co-op on July 29, 2014, 02:19:39 AM Yes, but he he/she/they will be spending them on goods or services, not fiat.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Swordsoffreedom on July 29, 2014, 02:40:20 AM They are Satoshis Bitcoins so he is free to use them as he wished.
Whether he will ever use them is a mystery but I think he deserves a reward for his work and so if he ever did claim some that would be great The question is how Satoshi would be able to do it while keeping his anonymity Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: williamj2543 on July 29, 2014, 02:42:46 AM I think when BTC is worth a bit more he may start to hand it out to exchanges, charities, and other businesses, just to fuel bitcoin even more. He doesn't seem like a very greedy guy.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Harley997 on July 30, 2014, 02:26:41 PM Maybe one day, for all we know he could slowly be cashing it out from different wallets into bank accounts not in his name and across the world. Maybe if bitcoin becomes main stream and most places accept BTC he might just live off BTC rather than cashing it out, who knows!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Beliathon on July 30, 2014, 02:40:26 PM No.
I've said it before, and I'll say it again, his BTC stash is worth 600 million. At this point, it should be clear to anyone with sense, that if Satoshi wanted/needed the money, he would've started spending it by now. Bitcoin was a gift to the world. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Bit_Happy on July 30, 2014, 03:00:50 PM Bitcoin might be/have been a huge gift for the NSA/CIA and we have no way to tell for certain what the truth is.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: yayayo on July 30, 2014, 03:10:28 PM We don't know who/what Satoshi is. We don't know for certain all the coins belonging to him.
But if he is a single individual he might spend some of his coins in the far future. Most likely it will be coins that are not on the radar of the Satoshi-stalkers or it might be after bitcoin has technically improved privacy mechanisms. ya.ya.yo! Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Karma Druid on July 30, 2014, 09:08:33 PM I don't think so. I reckon Satoshi is a really nice guy! He would never crash this currency!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Beliathon on July 30, 2014, 09:23:47 PM I don't think so. I reckon Satoshi is a really nice guy! He would never crash this currency! 2 posts? THIS GUY IS PROBABLY SATOSHI! LET'S GET HIM!! We'll beat the Bitcoins outa him!http://stream1.gifsoup.com/view2/2382683/angry-mob-o.gif (joking, obv) Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bigasic on July 30, 2014, 09:29:46 PM As we don't know if satoshi is one person or a group. I suspect that those coins will start to move once bitcoin gets out of Beta stage. Once Bitcoin becomes stable and is used by a lot more people is when I suspect we will be at that stage.. My guess is that Bitcoin prices would be above 5k a piece with a steady climb. I suspect that someday we will know who or what satoshi is. Im very surprised that those coins havent been touched. But, I bet there are other wallets that are connected to satoshi that have been used...
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: DjPxH on July 30, 2014, 09:37:48 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Difficult question, I don't think anyone knows. But I personally don't think so. It would bring chaos into this ecosystem. Maybe he sees those coins as some sort of last resort reserve. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: milan74 on August 07, 2014, 12:20:52 AM If he is still in this world, I think he will spend part of his bitcoins.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Omikifuse on August 07, 2014, 12:27:37 AM I think the pre mined coins are a bounty to incentive people try to break the bitcoin algorithm.
So no, he will never spend the pre mined bitcoins. Of course he has much more bitcoins not publically linked to him, some spent, some not, and some to be spend. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: michaelwang33 on August 07, 2014, 12:38:30 AM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. it's not like he has to mix them all. he can just cash out a million or two. but i don't know if it's going to happen either way. safest way to go about is maybe donate the coins to a charitable organization.. he can't be caught doing that. Cashing out some has too much chance of a DoX resulting in criminal targeting. e.g. someone kidnaps a niece for bitcoin ransom. Remember that if he is in the US any sizeable withdrawal requires reporting to government by whatever exchange is used. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: doubleredrolex on August 07, 2014, 12:39:26 AM maybe he's already been spending and cashing in BTC from other wallets. He could have another million of them somewhere else. He might have more money than he can ever spend in 10 lifetimes now. We will never know unless he comes forward. I think having him be a mystery is better for BTC and its growth. He's a smart man. He disappeared for a reason and he's living comfortably off his stash of BTC.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: TinEye on August 07, 2014, 12:49:45 AM From the initial million or so, I think only one block has been spent. There was an article here which details how it got distributed. I don't think he is going to touch the remaining.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: GrandMasterB on August 07, 2014, 01:06:38 AM It would make sense for him to spend his bitcoins on goods and services. It would be more inspiring and helpful to the project than hording them. It's a currency, so use it as such.
Trading it for fiat would be bad. Big difference. I imagine there just isn't enough stuff for him to spend it on and live amicably yet. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 07, 2014, 01:51:30 AM I think he will spend his Bitcoins only when he purchases something. I don't think he will ever sell them for fiat. But I might be wrong...
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Razick on August 07, 2014, 02:16:37 AM I think he hasn't yet because it could risk de-legitimizing Bitcoin. If he spent his holdings Bitcoin would be more open to being called a ponzi scheme.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Bit_Happy on August 07, 2014, 02:19:26 AM I think he hasn't yet because it could risk de-legitimizing Bitcoin.... I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I. I think it would be incredible if they never move it really shows that satoshi actually cared about the project and removes the possibility of people calling it out as a scam for the creator to earn a quick buck. "Creators" have the right to make money off of their creations and be proud of it, without having to be concerned what others think. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Ektra on August 07, 2014, 02:34:53 AM Obviously he or they have the 'right' to make money off it. Doesn't change the fact that it would be regarded as a pretty significant event and yes, possibly damage people's perception of bitcoin. Remember that part of the mystique and allure of bitcoin is that it almost has a deus ex machina thing going on, with the disappearing and anonymous originator. Up to him/them to decide if potentially ruining their life's work is better or worse than living like a king!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bigasic on August 07, 2014, 02:50:22 AM I bet a lot of the early early adopters sold when btc hit 10 bucks a piece, im sure they kept some, but I bet the most were spent. Except for satoshis addresses. If I was one of the first and had thousands of coins and all of a sudden they were worth 10 bucks a piece, you bet Id be selling some, or a lot. Especially if they held on to them for a couple years, bitcoin really didnt do much until the spring of 2013.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: ArticMine on August 07, 2014, 03:01:42 AM Voted yes because if Satoshi is human (not an agency, corporation, organization etc.) there is a strong possibility that if he or she does not spend his or her bitcoin his or her estate will. This issue here is depending on the jurisdiction is capital gains taxes triggered on death (deemed disposition upon death), estate taxes or both.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: TheJohn on August 07, 2014, 03:13:03 AM No, because he forget where he put his wallet..
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: QuestionAuthority on August 07, 2014, 03:28:19 AM I don't really see anywhere in this economy to spend that amount of coin. I guess he could buy Overstock completely out of product and open his own online store. He would probably put BitPay out of business doing it though.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Razick on August 07, 2014, 03:49:09 AM I think he hasn't yet because it could risk de-legitimizing Bitcoin.... I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I. I think it would be incredible if they never move it really shows that satoshi actually cared about the project and removes the possibility of people calling it out as a scam for the creator to earn a quick buck. "Creators" have the right to make money off of their creations and be proud of it, without having to be concerned what others think. Sure they do, but not spending it removes that criticism. No one can say Satoshi mined tonnes of coins before they were hard to mine and then dumped them later. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: DreadIsBack on August 07, 2014, 06:24:30 AM It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country...
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 07, 2014, 11:03:21 AM It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country... I think that it is quite possible that Satoshi is just one person representing some corporation or even government because it is more to see one person in front of some project then some organisation. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: sandykho47 on August 07, 2014, 11:49:52 AM I think he won't spend his bitcoin
If he sold all Bitcoin he's have, that mean he's think fiat better than bitcoin and you know what happen if he's all his BTC right ;D We don't know who satoshi is really or is he still he alive Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: desired_username on August 07, 2014, 12:08:27 PM Considering how cautious he/them was/were I don't think he will touch any bitcoins known to be owned by him.
I can imagine that he might have other coins which he actively uses. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: DoubleBEE on August 07, 2014, 12:13:33 PM It depends...depends on the question: who is Satoshi? No-one sure that Satoshi is a single person. May be it's some organisation or government of some country... I think that it is quite possible that Satoshi is just one person representing some corporation or even government because it is more to see one person in front of some project then some organisation. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: leex1528 on August 07, 2014, 12:40:37 PM I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project.
I am guessing it was a group of around 7 people working on it together and I am guessing they all have 0 bitcoins now. They probably sold them early in the game when they each made a million dollars and left the scene... Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Daniel91 on August 07, 2014, 12:43:04 PM We don't know who is Satoshi, so we can'0t answer this question, just guess.
Satoshi can be individual, cooperation, government etc. even group of people. Also, we don't know their goal behind, their true agenda, why they created Bitcoin, and without this we can't know what they will do with Bitcoins. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bitsmichel on August 07, 2014, 01:23:41 PM No I do not think so, because it could reveal his identity - and perhaps people would go after him, I think he values his anonymity more.
Quote I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project.]I doubt Satoshi is actually 1 person...Looking at the code you can pretty much see different people were working on the project. Many people have been working on Bitcoin since, but version 0.0.1 looks like it's written by one - or at max five people to me. Satoshi was the guy who put all of the ideas (from the mailing list and elsewhere) together Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 07, 2014, 02:07:54 PM I just sometimes think that Satoshi is mastermind behind Bitcoin idea but there is much more in background of Bitcoin development. It is quite possible that some strong organisation is behind Bitcoin.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: iluvpie60 on August 07, 2014, 02:32:27 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. I don't see the point of her holding that many bitcoins and not spending them. Maybe at some point she will need to pay someone for something or buy someone off who is trying to do bad things. But honestly she can do whatever she wants. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: iWin on August 07, 2014, 02:33:27 PM Why wouldn't he?
If you sat on a million dollars, would you just look at it or buy whatever you want? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Hiraga on August 07, 2014, 02:41:27 PM I hope he will spend his bitcoins on 3rd world countries and to support only the best charities!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: tsoPANos on August 07, 2014, 02:55:22 PM I voted for yes.
Satoshi will most likely use his coins. Why wouldn't he? Being the creator makes him an early adopteder at the same time. In fact, he's the first adopter and he devoted so much time in something that he didn't know how will end. Now he owns hundred of thousands of bitcoins and he is very happy about that. Personally, I think he'll come back in couple of years. At that point, bitcoin will be widely used, and buying stuff with bitcoin would be as easy as buying with fiat. So, he will USE his coins. But since when does using bitcoins means exchanging with fiat? He will just buy stuff. Nothing more. Also, who knows that Sathoshi isn't already using bitcoin? We can't be sure we know every Satoshi's wallet address. He may have a secret 100 btc wallet, and living from it :) Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: lyth0s on August 07, 2014, 03:00:08 PM When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 07, 2014, 06:26:41 PM I voted for yes. Satoshi will most likely use his coins. Why wouldn't he? Being the creator makes him an early adopteder at the same time. In fact, he's the first adopter and he devoted so much time in something that he didn't know how will end. Now he owns hundred of thousands of bitcoins and he is very happy about that. Personally, I think he'll come back in couple of years. At that point, bitcoin will be widely used, and buying stuff with bitcoin would be as easy as buying with fiat. So, he will USE his coins. But since when does using bitcoins means exchanging with fiat? He will just buy stuff. Nothing more. Also, who knows that Sathoshi isn't already using bitcoin? We can't be sure we know every Satoshi's wallet address. He may have a secret 100 btc wallet, and living from it :) I have exactly the same opinion about Satoshi and his Bitcoins and I wrote it before, but you've explained it perfectly. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: oblox on August 07, 2014, 09:20:24 PM With all eyes on his address, no way those coins are moving. Whether he knows his private key or not doesn't matter at this point... it would do more harm than good the second the 1 million coin balance turns into anything less than a 1 million coin balance. ~$600 billion USD is a lot of money... if he was going to touch that balance, he would have by now. There is a far higher probability of other addresses that have been used or are currently in use.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: giveBTCpls on August 07, 2014, 10:38:17 PM He's probably one of the few people that actually does regular Bitcoin use as in buying commodities through it because he has enough BTC to never worry about feeling like an idiot 3 years later because the price went up since he is rich for life already. This is the problem, most people just hold and dont use it as a currency because they are logically scared to use them in fear of lossing a price increase.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Omikifuse on August 07, 2014, 10:43:48 PM Any move in the pre-mined coins = instand crash below the 400 level.
Satoshi surely has many other coins, so it would be a silly move Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 07, 2014, 11:06:18 PM Any move in the pre-mined coins = instand crash below the 400 level. Satoshi surely has many other coins, so it would be a silly move Why does everyone think so? I'd like some more explanation/opinions about that :) Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: galbros on August 07, 2014, 11:09:06 PM That is just so much money, at some point, unless he's lost the private keys, I think the coins will move and be used, sold or given away in some fashion.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bigasic on August 07, 2014, 11:10:52 PM No, because he forget where he put his wallet.. Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before.. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: ensurance982 on August 07, 2014, 11:14:15 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. I don't think he is going to spend his Bitcoin! I think he sees this as some kind of experiment. Maybe he even decided for himself whether the experiment has already succeeded or whether it has failed. But I don't think he would jeopardize the outcome by interfering in such a way. I could even imagine, that he doesn't even own the keys for those addresses (anymore / has ever owned them) Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: po1992one on August 07, 2014, 11:16:45 PM When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key. If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some... Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: ShameOnYou on August 07, 2014, 11:24:48 PM When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key. If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some... I think he would need to spend them in reverse order that they were mined in (newest first) as the later coins that he mined are less obvious that they were mined by him, causing less of a potential disruption to the market. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Josepht on August 07, 2014, 11:30:34 PM I think he will sell some of his bitcoins once he needs cash. Not that he sells of of 'em, I am just thinking about enough to make a living.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: whalebone on August 07, 2014, 11:37:20 PM No, because he forget where he put his wallet.. Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before.. Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now? In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 08, 2014, 12:46:10 AM No, because he forget where he put his wallet.. Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before.. Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now? In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing. Whoa, this is something totally different. I like it :D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: rackcityb1 on August 08, 2014, 12:55:50 AM No, because he forget where he put his wallet.. Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before.. Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now? In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: lemfuture on August 08, 2014, 12:56:56 AM yes, when he decides to
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: CoinHoarder on August 08, 2014, 01:01:54 AM Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now? In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing. Mindblown.jpg Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: darkota on August 08, 2014, 01:13:38 AM No, because he forget where he put his wallet.. Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before.. Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now? In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing. A species so advanced to have the tech to travel the lightyears to get to us without suffering serious adverse side effects(death from traveling lightspeed), wouldn't need bitcoin. They would be able to vaporize us in an instant. Also, if Satoshi ever moved any of his bitcoin to spend/sell, that would probably be the collapse of Bitcoin....Price would drop 80%+ in a day from a move like that. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Quintessence on August 08, 2014, 11:21:00 AM I think he is not interested in it
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Dabs on August 08, 2014, 02:26:02 PM I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: jcoin200 on August 08, 2014, 02:35:23 PM I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never. It's probably possible he's well to do from other software/coding that hes done previously, and doesn't need them. That's what I've assumed. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Georgebest on August 08, 2014, 02:46:02 PM i think the answer is yes . no one who create what they build and leave it and forget it .
he is not god . just amazing person. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Dabs on August 08, 2014, 02:50:45 PM i think the answer is yes . no one who create what they build and leave it and forget it . Lots of examples of good code out there. Open source. Original programmers have gone, but their software continues to be developed, or continues to be used, like abandonware. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: zolace on August 08, 2014, 03:59:41 PM I beleve Im sure hes been mining and spending those coins and not spending the first bitcoins ever mined. Im sure he in a pool of miners or among us mining coins at this very moment
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: den.faulkner1990 on August 08, 2014, 04:45:45 PM may be he lost it? ???
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BowieMan on August 08, 2014, 04:48:07 PM may be he lost it? ??? I think me even may have deliberately destroyed the keys or never even kept them somewhere. After all, he needed to keep the system going and just try out a few things. I don't know if he'd jeopardize his life's work by moving such amounts of BTC! The market would go crazy! Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mayuyu48 on August 08, 2014, 04:49:48 PM maybe ;D but i think he won't move first 10k block of bitcoin
are there anyone here watch / monitor some satoshi blocks of bitcoin? if anyone notice that, bitcoin market will respond it with huge dumps Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BowieMan on August 08, 2014, 04:52:01 PM maybe ;D but i think he won't move first 10k block of bitcoin are there anyone here watch / monitor some satoshi blocks of bitcoin? if anyone notice that, bitcoin market will respond it with huge dumps I'm sure people are monitoring those addresses. I mean the first addresses Satoshi mined with are pretty well known. I guess people even send some Satoshis (;) no pun intended) to those addresses with messages attached :D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Abdussamad on August 08, 2014, 05:30:17 PM Remember that post on ning earlier in the year when the whole dorian nakamoto saga was going on? It looks like the real satoshi is both alive and well and keeps up to date with what's going on with his invention. So I think he will cash out when he feels the time is right. I hope he does it gradually or the price will crash!
Another possibility is that the "real satoshi" is actually a sovereign state and their holdings will be converted into a reserve of some sort. Will be quite ironic if a government has Bitcoin by the short and curlies! Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Possum577 on August 08, 2014, 05:55:02 PM To create a new currency, own a significant amount of that currency, and then not conduct any transactions in that currency seems at most very hypocritical and at least very anticlimactic.
It's like Al Gore never using the internet! ;D Is there anyway to confirm whether Satoshi has spent in BTC? All transactions are anonymous so unless he/she comes out and admits it the world will never know, which is quite cool. Or, how do ppl know what his addresses could be? It would be silly for him/her to create this wealth and then have to continue to work some regular job to pay the bills. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Abdussamad on August 08, 2014, 06:10:14 PM Is there anyway to confirm whether Satoshi has spent in BTC? All transactions are anonymous so unless he/she comes out and admits it the world will never know We'll know if the price takes a sudden dive. He is rumoured to control at least a million btc. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Kprawn on August 08, 2014, 07:28:09 PM He would be crazy to touch it. The NSA / CIA / FBI / Mafia / NASA / IRS and the rest of the alphabet is watching those coins like a hawk.
Each of them, having their own agenda to ID him. :( Best thing, would be, to dump those coins into charities and upcoming BTC business and let them chase down all the coins. ;D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BitcoinMillionaire on August 08, 2014, 07:29:16 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Ha, the guy who invented this awesome currency??? Nahhh, I don't know... I guess he's one of those ultra-smart geeks or nerds that don't get off of money or women and stuff. But I'd like to invite him one day so I can show him a good time, if you know what I mean, hahah! Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: mrcashking on August 08, 2014, 09:59:24 PM I think he will spend some. Just not until it goes mainstream. Hopefully not too much though. Or he will scare the whole bit economy. Another theory that satoshi doesnt exist or he was hired as a techy to develop it and thats just a government wallet.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BitCoinDream on August 08, 2014, 10:06:29 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M. I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 08, 2014, 10:08:29 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M. I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- I don't think that rise will be so strong. Even the most of 2014 price hasn't been that close to 1k$ Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: mrcashking on August 08, 2014, 10:08:46 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M. I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Cool Everyone here would be rich if that happened. You're very optimistic. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Velkro on August 08, 2014, 10:58:20 PM i wish he deliberately send his bitcoins to void since start of mining
that would be better for bitcoin Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Cranky4u on August 08, 2014, 11:05:05 PM he could just skim US$250k in fiat per year from his BTC accounts and no-one would ever notice.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: keithers on August 08, 2014, 11:26:48 PM I'm sure he will have to spend some of them at some point, right? I mean unless he is already wealthy enough to not need any supplemental income to what he does for a living...
Just coming up with the concept and then rolling it out must have taken up so much of his (or their) time...hard to believe that he (or they) have another fully successful living that they were doing simultaneously... Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: roslinpl on August 08, 2014, 11:30:32 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Satoshi will spend his coins when he becomes world's first trillionaire with his 1M+ Bitcoins. It requires 1BTC = $1M. I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- I love this one :) Very very Bullish - in my style =] But "It requires 1BTC = $1M" - sounds like Satoshi will be not able to live so long :D I don't think your calculations are correct. Btw. I think Satoshi will one day move his coins - dunno what he will do with them but he should do something :) such a waste if those coins will be never spent. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: wasserman99 on August 08, 2014, 11:37:31 PM he could just skim US$250k in fiat per year from his BTC accounts and no-one would ever notice. I think people would notice that. 250k US$ would come out to roughly 415 BTC per year @ $600 per BTC. That means that he would need to move coins from at least 9 addresses that he used to mine to (assuming each address has 50 BTC each) that he controls. If he were to use his newer addresses that he used first then it would be likely that the public would not know for sure that it was him but the public would know that a very early adopter was cashing out/moving their coins. Eventually he would need to move coins from addresses that is much more obvious are controlled by him.For the OP: I think there is a good chance that he may cash out at one point, but this really depends on his financial situation, if he is otherwise well off then he may not need to cash out, but may rather decide to leave his bitcoin to his children (his children selling bitcoin after his death would likely have less of an impact on the market then him selling). Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Kayex on August 08, 2014, 11:49:53 PM No.
Satoshi never spent his bitcoins in the past. Why would he bother spending them now? Ofc he can reap in all the rewards, but he doesn't want to do anything anymore with BTC. Or does he? :o Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: iCEBREAKER on August 09, 2014, 12:03:15 AM At some point, those coins will be spent/moved. But I don't think that will be for a long long time. SatoshiCoin movement is a Black Swan level event. I don't think it will happen before the end of petrodollar hegemony. When the dollar capitulates to economic reality and loses reserve currency status, the time will have come for Satoshi to buy New Zealand's South Island and rename it Libertopia. Perhaps He may also buy a few nice spots in the Med (IE Cyprus, Sicily, and Corfu) from their insolvent Imperial masters to function as North Libertopia. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Dabs on August 09, 2014, 02:34:43 AM Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Basically, buy and hold for three years as much BTC as you can. It's not unreasonable to think that the value will even just merely double or triple in the next three years, if the past three years is any indication. Perhaps it won't go to 1M USD, but it's within reach to hit 1K USD again. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Abdussamad on August 09, 2014, 02:45:35 AM Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Basically, buy and hold for three years as much BTC as you can. It's not unreasonable to think that the value will even just merely double or triple in the next three years, if the past three years is any indication. Perhaps it won't go to 1M USD, but it's within reach to hit 1K USD again. 1k is almost certain. But we aren't in it for just 1k right? We want 10k! Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Icardi09 on August 09, 2014, 02:55:19 AM So, do you think Satoshi will ever spend his bitcoins? I've joined. and I see the difference in voting is very thin, 49.7%) and 50.3%You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: e1ghtSpace on August 09, 2014, 05:06:49 AM So, do you think Satoshi will ever spend his bitcoins? I've joined. and I see the difference in voting is very thin, 49.7%) and 50.3%You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Its About Sharing on August 09, 2014, 07:37:14 AM When the price is above 10k and\or adoption is huge, Satoshi can both change the world and keep his anonymity by giving BTC away to "groups" he sees fit.
Keeping his physical location a secret might be difficult, but he can probably figure a way to sell offline to trusted parties. Does anyone fathom how easily and profoundly a trillionaire could change the world and at the same time, not "spend" a bit? ;). Gotta love it... IAS Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 10, 2014, 05:52:52 PM No. How would he reap the rewards if he does not spend any of his BTC? He would not have any other way to profit from BTC without actually selling/spending his BTC. Satoshi never spent his bitcoins in the past. Why would he bother spending them now? Ofc he can reap in all the rewards, but he doesn't want to do anything anymore with BTC. Or does he? :o Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Ayers on August 10, 2014, 06:50:40 PM if satoshi will ever spend it, the market could crash lol
2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- but 10^3 was already on 2013, this mean a chance to have 10^4 at the end of this year Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 11, 2014, 05:08:39 AM if satoshi will ever spend it, the market could crash lol It really depends on how much of his coins he spends on how obvious it is that it is him spending them. If he spends only ~50 of his coins and doesn't touch his others then the market would likely not even react, especially if he spends the coins he mined later rather then earlier. If on the other hand he spends 500k of his coins then yes the market would likely crash as it would not be able to handle this kind of selling pressure. 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- but 10^3 was already on 2013, this mean a chance to have 10^4 at the end of this year Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Raek on August 11, 2014, 06:14:28 AM If Satoshi is still around and has his keys, expect at least 1 million USD worth from his known addresses to be converted into fiat within the next year. This is a necessary step if it is doable to convince the general public via the media that bitcoin has value.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Jesu on August 11, 2014, 06:27:50 AM If there's one thing I'd like to know about the person or entity that is Satoshi it's why his coins have never moved? Is he or they saving them as a ridiculous investment? Is he dead? Does he feel it wouldn't be fair to spend them? Has he left clues out there how to hack his wallets as a bounty? :D Maybe we'll never know.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: remotemass on August 11, 2014, 06:29:10 AM I don't think Satoshi will ever convert his coins to fiat.
He will probably use them to pay autonomous agents for big changes in the world. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Dogtanian on August 11, 2014, 06:30:19 AM When that Dorian guy was accused of being Satoshi, apparently the reral satoshi logged on to a website via his old handle and said it wasn't Dorian. Was that ever confirmed as real or was it fake, or could nobody be sure?
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Rampton on August 11, 2014, 06:31:11 AM As for spending his bitcoins, if he was going to I'm sure he would've by now. I'm also worried what spending or dumping them could do to bitcoin.
I don't think Satoshi will ever convert his coins to fiat. He will probably use them to pay autonomous agents for big changes. What kind of agents and big changes? Sounds ominous. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: turvarya on August 11, 2014, 06:33:55 AM According to what I know about Satoshi I think, his Bitcoins are just considered Test-Coins.
Satoshi is the kind of guy, who makes his tests in the productive system and then just destroys the data after the test is complete. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mr Tea on August 11, 2014, 06:47:08 AM According to what I know about Satoshi I think, his Bitcoins are just considered Test-Coins. Satoshi is the kind of guy, who makes his tests in the productive system and then just destroys the data after the test is complete. Well, he would have to be a ridiculously decent person just to consider them as a test. Having that sort of money could corrupt even the most moral of men. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dKingston on August 11, 2014, 06:54:27 AM He might spend after a big part of the world accepted bitcoin and use it as currency. Too early to spend now. My guess he would start spending when it reaches 100k per bitcoin.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MultipliedCombo on August 11, 2014, 07:44:56 AM Perhaps if Satoshi still knows how to access his wallet (keys and such), he might donate it to people or some charity that accepts Bitcoin. I don't think he'd withdraw it to fiat, as that might need him to reveal his identity and such.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: remotemass on August 11, 2014, 08:06:06 AM I don't think Satoshi will ever convert his coins to fiat. He will probably use them to pay autonomous agents for big changes. What kind of agents and big changes? Sounds ominous. I'm not good in giving examples but let me try. You see, autonomous agents with Artificial Intelligence will be making most of the important decisions in our world. So, just to give an example, imagine an autonomous agent that can decide the type of questions lie detectors at airports will be making people. They could decide the percentage of questions that would be looking for: A - Terrorists B - Sex abusers C - Drug dealers D - Thieves E - Assassins The automous agent would then have five bitcoin addresses and would use the amount of received coins quotas to decide the percentage of each type of questions to be made. This is just a very simple example and as I said I'm not good in it and I'm not particularly inspired. But bearing in mind that AI agents will be deciding in all important matters in our world you get the idea. AI agents are driven by aims and objectives. if you can send coins to weight the components of such aims you get such scennario, where anyone could spend coins to determine the probability of an outcome. Another thing could be advertsing. Satoshi could spend his coins to promote a cause. And stay anonymous. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: turvarya on August 11, 2014, 09:38:55 AM According to what I know about Satoshi I think, his Bitcoins are just considered Test-Coins. Satoshi is the kind of guy, who makes his tests in the productive system and then just destroys the data after the test is complete. Well, he would have to be a ridiculously decent person just to consider them as a test. Having that sort of money could corrupt even the most moral of men. You are programming a system for a webshop. You make yourself a test-account, with 1 billion $. After you have finished your changes, you just delete the test-account. The difference here is, that you can't delete your bitcoins, so you destroy the Private Key. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Silly Money on August 11, 2014, 09:41:17 AM yeah, except why would anyone destroy billions of dollars?
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BTCevo on August 11, 2014, 10:11:54 AM Yes I think one day he will. But he will reveal something that will completely change everyones view on bitcoin!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Acidyo on August 11, 2014, 10:18:03 AM I don't think he is going to use them. The system is not anonymous enough and he has too many to use a mixer effectively. Maybe if Tor wasn't under suspicion of being compromised he could use his coins to run an anonymous mixer (coins come in, get mixed around with his) providing him with some anonymity but that also would draw legal attention for laundering. I think it will be his next of kin that ultimately benefit. Or just buy/sell altcoins every day for a couple of bitcoins and they are mixed and perfect for use so no one can trace him. :) Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Acidyo on August 11, 2014, 10:18:33 AM Yes I think one day he will. But he will reveal something that will completely change everyones view on bitcoin! What's that supposed to mean?:D I hope he uses them for the greater good of bitcoin in the future. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MakeBelieve on August 11, 2014, 10:20:40 AM I hope he never touches them it would cause panic and could potentially ruin Bitcoin people would wonder why it was moved.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Silly Money on August 11, 2014, 10:22:31 AM I hope he never touches them it would cause panic and could potentially ruin Bitcoin people would wonder why it was moved. It would be fun watching people panic though ;D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MakeBelieve on August 11, 2014, 10:24:16 AM I hope he never touches them it would cause panic and could potentially ruin Bitcoin people would wonder why it was moved. It would be fun watching people panic though ;D Could be bad for Bitcoin though everyone might panic and think he knows somethings wrong so hes getting out whilst he can still profit meaning hundreds of people would probably panic sell and the value of Bitcoin would slump. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Silly Money on August 11, 2014, 10:26:24 AM I'm sure it would be bad for bitcoin as you know what panic sellers are like.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 12, 2014, 04:45:14 AM According to what I know about Satoshi I think, his Bitcoins are just considered Test-Coins. It is very rare for someone to destroy data like this after a test is complete. Scientists and researchers usually do not know if some data is going to be important in the future so they are very likely to keep it archived somehow. Satoshi is the kind of guy, who makes his tests in the productive system and then just destroys the data after the test is complete. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Kayex on August 12, 2014, 07:35:59 AM No. How would he reap the rewards if he does not spend any of his BTC? He would not have any other way to profit from BTC without actually selling/spending his BTC. Satoshi never spent his bitcoins in the past. Why would he bother spending them now? Ofc he can reap in all the rewards, but he doesn't want to do anything anymore with BTC. Or does he? :o Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Painful Truth on August 12, 2014, 11:30:12 AM I hope he never touches them it would cause panic and could potentially ruin Bitcoin people would wonder why it was moved. I doubt people would panic if he spends 50 or 100 coins to cover some expenses. Sure if he moves 500k around then that's a different story. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Slark on August 12, 2014, 01:18:26 PM Sorry for noob question but how do you know his address? Can you show it to me? How many bitcoins he has?
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: EricTyle on August 12, 2014, 01:55:13 PM What I think would be phenomenal is if he split up a majority of his BTC into 0.1s and other small amounts, and send 0.00000001 BTC transactions with 0.1 fee or 0.25 fee to introduce the BTC back into the ecosystem
if he did that recently then miners would be more profitable too for a small amount of time Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: cryptworld on August 12, 2014, 01:58:29 PM unless he eats air I think so
he may have a high quantity to spend in so many different things Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Bitcoins101 on August 12, 2014, 02:00:32 PM When that Dorian guy was accused of being Satoshi, apparently the reral satoshi logged on to a website via his old handle and said it wasn't Dorian. Was that ever confirmed as real or was it fake, or could nobody be sure? Someone logged into that account, but nobody really knows who and there is no way to know. I think Satoshi likely mined many coins that we do not know about. I think he has already sold many of those and won't be touching the coins that we know are his for at least a few years. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 12, 2014, 11:32:05 PM When that Dorian guy was accused of being Satoshi, apparently the reral satoshi logged on to a website via his old handle and said it wasn't Dorian. Was that ever confirmed as real or was it fake, or could nobody be sure? It was defiantly an account that was controlled by satoshi prior to bitcointalk.org coming into existence. In theory it could have been hacked but I would find it very unlikely that the account gets hacked the day newsweek goes with their story. Even more unlikely that it would be hacked and not used until then. I think it would have been pretty cool to see Satoshi donate some of his bitcoin to the fund that was going to newsweek's satoshi. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: e1ghtSpace on August 12, 2014, 11:52:09 PM Imagine if he splits all of his bitcoins evenly into everyone on this forum's bitcoin address if they filled it in.
That would be awesome but it would probably crash the price. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 13, 2014, 12:52:21 AM Imagine if he splits all of his bitcoins evenly into everyone on this forum's bitcoin address if they filled it in. That would be awesome but it would probably crash the price. Well, no need for imagining that because it will never happen. Although it would be so f*cking cool :D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 13, 2014, 04:39:15 AM Imagine if he splits all of his bitcoins evenly into everyone on this forum's bitcoin address if they filled it in. That would be awesome but it would probably crash the price. Well, no need for imagining that because it will never happen. Although it would be so f*cking cool :D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MrPiggles on August 13, 2014, 04:48:30 AM he could wait til it's near universally accepted then donate 1000btc per day to a good charity for three years.
or give a few hundred million $ to people like federico pistono who are trying their best to change the world and bring about real lasting improvements to society Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Kayex on August 13, 2014, 05:55:14 AM When that Dorian guy was accused of being Satoshi, apparently the reral satoshi logged on to a website via his old handle and said it wasn't Dorian. Was that ever confirmed as real or was it fake, or could nobody be sure? It was defiantly an account that was controlled by satoshi prior to bitcointalk.org coming into existence. In theory it could have been hacked but I would find it very unlikely that the account gets hacked the day newsweek goes with their story. Even more unlikely that it would be hacked and not used until then. I think it would have been pretty cool to see Satoshi donate some of his bitcoin to the fund that was going to newsweek's satoshi. Or some other foundation. But it's all up to Satoshi. I think he'll spend them on himself when he really needs it. But then we can all track down where it goes because of the wallet? o-o Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Jacobit on August 13, 2014, 06:16:31 AM I think he will spend it . ::)
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 13, 2014, 06:31:02 AM When that Dorian guy was accused of being Satoshi, apparently the reral satoshi logged on to a website via his old handle and said it wasn't Dorian. Was that ever confirmed as real or was it fake, or could nobody be sure? It was defiantly an account that was controlled by satoshi prior to bitcointalk.org coming into existence. In theory it could have been hacked but I would find it very unlikely that the account gets hacked the day newsweek goes with their story. Even more unlikely that it would be hacked and not used until then. I think it would have been pretty cool to see Satoshi donate some of his bitcoin to the fund that was going to newsweek's satoshi. Or some other foundation. But it's all up to Satoshi. I think he'll spend them on himself when he really needs it. But then we can all track down where it goes because of the wallet? o-o Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Skoupi on August 13, 2014, 06:33:23 AM My "NO" was a tie braker lol! Didn't see that coming ;D
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Vortex20000 on August 13, 2014, 06:35:40 AM I don't think he'll use them any time soon. More likely, he'll save them until bitcoin really goes BOOM again.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: doubleredrolex on August 13, 2014, 11:44:02 AM Maybe he already has another million of them somewhere else? He could have 100 wallets and take a little out of each one to live off. Maybe he's leaving the million BTC we all know about to his grand children. Who knows what his plan is.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: heartastack on August 13, 2014, 12:52:10 PM I heard he deleted the wallet to never be tempted. He wanders the land free of material goods. Thus saith Zarathustra
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: johny08 on August 13, 2014, 01:17:34 PM He pre-mined! what a sack! haha
seriously i think he lost the key. it was on an old hdd his mothe threw away in cleaning ;D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Harley997 on August 13, 2014, 01:19:22 PM that's a pretty close vote! I doubt he will anyway, he might have already started cashing it out in bits throughout the past year who knows?
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BTCevo on August 13, 2014, 01:30:15 PM Maybe he forgot his wallet password and gave up on bitcoin altogether! lol
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: hannscryo on August 13, 2014, 01:30:38 PM As others said before, I think he won't spend his bitcoins ever.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: neutraLTC on August 13, 2014, 02:38:49 PM most definitely not
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: leex1528 on August 13, 2014, 03:35:19 PM I think he already spent his bitcoins and is living the life of a dream on a boat somewhere(all of them involved) Is there anyway to actually tell how many coins he had at once?
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bitcoinminer007 on August 13, 2014, 03:45:11 PM I couldn't able to vote on that poll. I think Satoshi will spend his Bitcoins if he need. Otherwise he will never spend his Bitcoins.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: TheGr33k on August 13, 2014, 08:27:56 PM 50 50 I think never, personally I feel satoshi is a high rolling bitcoin spender from a personal wallet. Those bitcoins stored in cold is like a public museum.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 13, 2014, 10:29:06 PM I think he already spent his bitcoins and is living the life of a dream on a boat somewhere(all of them involved) Is there anyway to actually tell how many coins he had at once? We were talking about Bitcoins which were mined first and they are still on their first address so he didn't sell those and he is not enjoying those profits. I am sure that he already sold some of his Bitcoins and that amount was probably huge and that he is enjoying that money. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: williamj2543 on August 13, 2014, 10:32:02 PM I think that bipolarbob is satoshi, as he gives away thousands of dollars of things basically for free, and who could possible afford that.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Fray on August 13, 2014, 11:17:10 PM He pre-mined! what a sack! haha He did not pre mine any bitcoin. This can be proven by looking at the genius block. I also seriously doubt that he lives with his mother as he is much too smart to be still living at home.seriously i think he lost the key. it was on an old hdd his mothe threw away in cleaning ;D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 13, 2014, 11:18:47 PM I've just noticed that current poll results are 50-50. Quite interesting when you see that 196 users voted in this poll.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: williamj2543 on August 13, 2014, 11:46:22 PM I've just noticed that current poll results are 50-50. Quite interesting when you see that 196 users voted in this poll. I just broke that with a yes. He will eventually spend them, because when he dies no one can recover hem unless he gives the private keyto someone else. I think he will slowly give some away to help growth.Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: nahtnam on August 13, 2014, 11:49:09 PM He might have lost it!
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: dadaas on August 14, 2014, 12:25:10 AM I've just noticed that current poll results are 50-50. Quite interesting when you see that 196 users voted in this poll. I just broke that with a yes. He will eventually spend them, because when he dies no one can recover hem unless he gives the private keyto someone else. I think he will slowly give some away to help growth.Looks like your vote has been "outvoted" by someone else because it is still 50-50 :D Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Kayex on August 14, 2014, 03:35:32 AM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: nahtnam on August 14, 2014, 03:56:57 AM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. He might have lost the private keys. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MoonShadow on August 14, 2014, 03:59:40 AM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. He might have lost the private keys. I doubt that, but of the blocks he is known to control, I'd wager he has some special intention for those. When he was still here, he was offered $50 for a single bitcoin from the genesis block; when the going rate was under a nickel. He refused, stating that those were his legacy. That could be interpreted in many ways, but I thought s/he intended those early blocks to go to his heirs. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: nahtnam on August 14, 2014, 04:02:34 AM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. He might have lost the private keys. I doubt that, but of the blocks he is known to control, I'd wager he has some special intention for those. When he was still here, he was offered $50 for a single bitcoin from the genesis block; when the going rate was under a nickel. He refused, stating that those were his legacy. That could be interpreted in many ways, but I thought s/he intended those early blocks to go to his heirs. Wow, I didnt know that. In that case, my vote still stands. He will NOT spend his BTC. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: slaveforanunnak1 on August 14, 2014, 04:11:34 AM I personally think they are all gone.
I mean imagine, you are in your house making a new currency FFS. Just thinking that in 2008, 2009 must have been like thinking you are going to make a paper airplane out of a safety deposit box! Like, this is never gonna fly! Meanwhile you're mining thousands of BTC a week oh bunch of random hardware. Are you gonna back up your keys? I wouldn't. I mean come on.. this is just a game right? a proof of concept. It's not like it's going to be worth BILLIONS! who knows how many times Satoshi had to reinstall linux or replace his hard drive on his miners when BTC was zero dollars! You have to pay someone to take your coins. Are you gonna waste your time backing up keys? so yea.. I say they are all gone to bittie heaven. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: zedicus on August 14, 2014, 10:04:53 PM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. He might have lost the private keys. I doubt that, but of the blocks he is known to control, I'd wager he has some special intention for those. When he was still here, he was offered $50 for a single bitcoin from the genesis block; when the going rate was under a nickel. He refused, stating that those were his legacy. That could be interpreted in many ways, but I thought s/he intended those early blocks to go to his heirs. Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Fray on August 14, 2014, 10:07:58 PM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. I would also find it very hand to believe that Satoshi would lose his private keys as he comes across as someone who would not make the kind of mistakes that would cause a person to lose their private keys. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MoonShadow on August 18, 2014, 03:01:26 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bigasic on August 18, 2014, 03:05:33 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? You cannot spend or give any coins made from the genesis block.. that formed the basis for the entire blockchain ... it would be taking the H out of H20.. I wish I could remember his name, but he has ALS, I believe and is in the latter stages but was one of satoshis main programmers and he made the first bitcoin transaction. He said in one of his posts that while he has some bitcoins, they just made his computer hot and noisy, so he didnt mine that much, so, you never know what satoshi could have done with the computers/hardware like others have suggested. There have been several people claim to have lost millions worth of bitcoin had they not sold or reformatted the hd.. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: QuestionAuthority on August 18, 2014, 04:33:40 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? You cannot spend or give any coins made from the genesis block.. that formed the basis for the entire blockchain ... it would be taking the H out of H20.. I wish I could remember his name, but he has ALS, I believe and is in the latter stages but was one of satoshis main programmers and he made the first bitcoin transaction. He said in one of his posts that while he has some bitcoins, they just made his computer hot and noisy, so he didnt mine that much, so, you never know what satoshi could have done with the computers/hardware like others have suggested. There have been several people claim to have lost millions worth of bitcoin had they not sold or reformatted the hd.. His name is Hal Finney. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: e1ghtSpace on August 18, 2014, 08:33:16 PM It looks like "No" is winning. It used to be "Yes". This is so cool.
This thread is the most popular one I've made. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: rz20 on August 18, 2014, 08:47:19 PM I have voted yes. Maybe in 2025,
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: pabpete on August 18, 2014, 08:50:40 PM I don't think he will under that alias ever. He seems like a very reclusive guy and doesn't want much light on himself.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: 4onesea on August 18, 2014, 08:54:43 PM He might have lost it! How would Satoshi lose his BTC?.-. I'm VERY sure Satoshi keeps a cold storage or something of the sorts. Or he keeps the PW safe. He's probably just not touching it for now. He might have lost the private keys. That's almost impossible in my opinion, he had planned to disappear several months before and his private keys are hidden somewhere. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: DKMathias on August 18, 2014, 08:58:00 PM To be honest, i dont think so. He might "donate" some, but i dont hope he is greedy
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: wasserman99 on August 19, 2014, 12:45:38 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MoonShadow on August 19, 2014, 06:57:39 AM You cannot spend or give any coins made from the genesis block.. that formed the basis for the entire blockchain ... it would be taking the H out of H20.. It's still an open question concerning the genesis block coinbase. Actually, that's not quite true. The genesis block coinbase is spendable, but since the genesis block is hardcoded, there remains doubt that doing so won't break the running network; simply because a transaction that references back to the, very non-standard, genesis block would crash the verification code. This could be fixed, if it had to be, but since this effects exactly one person on the planet (who doesn't seem inclined to do it anyway) why bother fixing a bug that isn't a real issue? It's also possible that Satoshi didn't really want this coinbase to be spendable. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: MoonShadow on August 19, 2014, 06:59:02 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? Well, that's a good point. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: wordman267645 on August 19, 2014, 07:01:36 AM yes 8) 8)
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Mobius on August 20, 2014, 04:10:42 AM Another explanation for this would be the fact that satoshi was very serious about staying anon. If he did take up this offer then he would likely need to give up his identity for only $50. No, he would not have. Are you sure you understand how Bitcoin works? Well, that's a good point. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: CharHill on August 20, 2014, 02:27:14 PM So, do you think Satoshi will ever spend his bitcoins? You can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. [/quote/] Yes, i think he is spending some btc, but may be he do some fiction transactions. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bornil267645 on August 20, 2014, 02:31:10 PM I don't think satoshi will even reveal himself... 8) 8)
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: quyenpann198 on July 09, 2018, 06:22:32 AM I think at some point those coins will move. I can't see sitting on that much potential wealth and never moving it. I think if and when they do move it would cause a bit of a panic. If they never move then the owner is a better man then I.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: popelene1 on July 09, 2018, 06:35:40 AM I cant say yes or no because we dont even know or believe if the satoshi, creator of bitcoin is still alive or not..... No one has ever proved if he is still alive now...
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: BLAST2MARS on July 09, 2018, 07:07:53 AM If Satoshi is still alive, he will never do that. You can easily tell that the guy is a man of principle just by learning on how he envisioned bitcoin. How he wanted bitcoin to help us and our economy. Satoshi donating all his bitcoin would be much more rational.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Hirikama29 on July 09, 2018, 07:25:33 AM I think bitcoin will be he satoshi spend like the coin he is aiming to create him to spend and trade so he will spend it and trade it as his national currency and bee will use it as the investor used it
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Dudeperfect on July 09, 2018, 07:46:02 AM As far as my assumption is concerned, I believe that Satoshi is looking for much more than money. It is something that will make him immortal if things work out as per his vision for the world. Yes, it is definitely difficult to answer because no one knows the reality of Satoshi. However, at some point, he will definitely spend or do something with his wallet. Maybe he is waiting for a perfect time and we still have a long way to go for it.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: quyenpann198 on July 09, 2018, 09:42:42 AM i think he will never do this because he would hurt his own invention. maybe he destroyed the keys of the early mined btc.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Johnzky on July 09, 2018, 09:46:27 AM So, do you think Satoshi will ever spend his bitcoins? as of this days?i guess theres no one cares about wt he did to the bitcoins he owned,since almost all the bitcoin has been mined now and fewer remains under mining,but whats important is what satoshi gave us,about this forum and the technology things that we will be thankful the rest of our life and so as our childrenss and grandchildrensYou can only answer with Yes or No on the poll. Got it? This is going to be very interesting to see the results. The reason there isn't a "maybe" is so that we can get a definite answer. Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: airdrophunter on July 09, 2018, 10:38:36 AM Satoshi can spend any amount of bitcoins he/they want because he/they have the riches in crypto already. Being the creator of bitcoin, i don't think he/they don't have the largest amount of bitcoin holdings on their wallet so whether he/they spend his/their bitcoin is just a small thing for him/them.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: bitfocus on July 09, 2018, 10:45:11 AM he can spend them anonymously, no need to come in front of the whole world claiming his/her/their identity.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Criptomen on July 09, 2018, 11:43:59 AM Perhaps he is no longer alive, perhaps Satoshi is just a nickname of a group of people, perhaps the keys to the wallet have been lost a long time ago. But more likely, a person or people that hide under the nickname of Satoshi are sure that bitcoin will rise above its last peak
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: taxli on July 09, 2018, 01:40:52 PM As far as I know Satoshi seems to be a type of personality that he don't need a lot of money to have, he somehow is similar to Mavrodi, who has a billions of dollars but lives as a regular person.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: yesyes18 on July 09, 2018, 11:16:30 PM To me I don't think so. It'll be very dangerous for the crypto community should that hapen at the wrong time. Especially in situations like this that everyone is wailing over fallen market value, if we see that Satoshi is spending his BTC, a massive panic sell off is likely to occur.
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: improvegoup on July 12, 2018, 02:24:11 AM I hope Satoshi will not be a greedy man and will contribute his money to meaningful things
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: Andthenextdaystill@gmail. on July 12, 2018, 02:49:06 AM He's holding more than a million Bitcoins and you know what happens to Bitcoin if he massively flushes it out to the market. Bitcoin can return to $ 1000 immediately
Title: Re: Do you think Satoshi will ever spend his bitcoins? Post by: gabmen on July 12, 2018, 04:21:38 AM He's holding more than a million Bitcoins and you know what happens to Bitcoin if he massively flushes it out to the market. Bitcoin can return to $ 1000 immediately It'a funny that you even think satoshi is a real guy who holds bitcoins for himself. No one has seen him and is very likely not a single person or not even real. This has been a common knowledge already for long time crypto people. |
