Bitcoin Forum

For sure he has a backup. Somewhere...

Did they have any problems that wallet with broken transactions was deleted? As for satoshi of course he has his wallets, because he believed bitcoin will be big

Probably, but if he died without telling anyone about it, then they may have been deleted or destroyed by whomever gained control of his things.

I've always thought to myself that it doesn't seem right for him to destroy his wallets or lose access to them. It would be like losing or killing your own baby, though I suppose he could have deleted them because of the power it could bring and maybe he feared becoming corrupted by wealth. Hopefully he's just bitcoin's biggest holder and is waiting for them to go worldwide before he starts to use them hehe.

it could also be that his backup is screwed too, witouth necessarily being deleted

btw the only reason for not deleting a wallet that you know could not receive any transaction, would be hoping in a chance of collision

it is the other way around: if he would use an old address with millions of coins, BTC would take a massive hit.  i guess all early mined coins are lost. he did not sell at 1200 USD, so he will never sell/move those coins and that is good for the whole system!

Wow,this is a surprise to me...
I have always thought that satoshi may have deleted some of his wallet, because he may think that having so many bitcoins may be dangerous for the own bitcoin

Of course there is always the possibility that his wallets were corrupted but  I think he'd have the brains to have several back ups and maybe even write the private keys down somewhere. At least I hope he did.

If he wants to benefit Bitcoin, wouldn't he be giving away all those Bitcoins? IMO, it would be pretty dumb to intentionally delete a wallet. If you want to decrease the Bitcoin in circulation, just keep the private key and not spend your Bitcoins.

I'm curious why there are so many Satoshi worship threads. If there were a sub-forum devoted to Satoshi, how much activity would it see?

Can I ask you why are you saying that 'satoshi' is/are died? When we are talking always about it, you always said that he/they  is/are died.



Because satoshi is satoshi http://techforum.it/styles/default/xenforo/smilies/asd.gif and people is only curious about him or their.

Same here I also like Satoshi if wasn't for him crypto would not be around today then again their was coins before bitcoin I heard of but no doubt BTC lead the way forward for the stepping stone and leader of cryptos. No doubt satoshi is a guest reading among the web somewhere and no doubt has made otehr cryptos or works along side them. Who knows only satoshi knows this and no doubt would well be among everyone and we just don't know it or do we with some of the real strong alts that are popping up or around today. Would be nice if he come back and make some big updates to Bitcoin.

Suppose that each wallet holds 100 addresses, each address holds 50 coins, one million coin will give satoshi 200 wallets to backup, not an easy task

Those coins can be used as a cooling tools when bitcoin become a black hole and trying to absorb all the wealth in the world into it

So he keep all of his coins, or he made a mistake before, and just told people what he learned  ;D ;D ;D

My conspiracy theory.... He misplaced his private key, because he never envisioned Bitcoin becoming this successful.. now he is working on a new technology to recover lost private keys, with much less processing power needed to do it.

Once he has completed that, it would give him access to ALL Bitcoins, and not only his "lost" coins, and he would be able to rule the world. :P

Disclaimer : This is only a conspiracy theory, and I am just fooling around.. for those noobies, who think that this can be done.

Its impossible that Satoshi  just deleted his privkeys: if he wanted to delete this bitcoin forever he could burn it via OP_RETURN. Satoshi surely know about this possibility.


He thought that btc reach 10m$ price. And he cant sell any significant amount at 1.2k$ anyway. So i think he is holding. Why do you think he is greedy? Probably he is high-quality specialist with big salary and he has enough money to live as he want. He could take pleasure from his btc, i mean that nobody, his neighbourhood, kin, friends dont know that he has billions in the pocket its funny from one point of view.

i think he is not greedy and has deleeted the early wallets because he wants good for the whole bitcoin project. he would hurt his own BTCbaby alot if he would use the old coins.

You would think Satoshi would destroy the Bitcoins rather than destroying the private keys. Private keys can be copied, Bitcoins can't, destroying the private keys is a bad way of destroying Bitcoins. Data forensic techniques could be used to recover the deleted private keys, the private keys could have been compromised in the past, or there might be a backup he forgot to destroy, and there are some cases where you cannot guarantee the backup has been destroyed (for example, if you were storing a backup in the cloud). Satoshi knows this so I think if he wanted to destroy the Bitcoin he would do so via some other method rather than deleting the private keys and hoping they are actually deleted.

Also, we actually don't know how much Bitcoin Satoshi has. There are various theories based on various assumptions and pieces of evidence, but nobody has produced anything conclusive. For example,  1,000 Bitcoins mined in 2009 that were once thought to belong to Satoshi didn't belong to him at all (http://blog.dustintrammell.com/2013/11/26/i-am-not-satoshi/) and the real owner was tracked down. It's possible that Satoshi may not have as much Bitcoin as we think he/she does.

I delete depleted wallets all the time.

Would never be able to track down or prove (as in prove control/ownership of an address) any past transaction.
Might be a good thing or a bad one depending on who you ask.

Maybe you used an address somewhere in the forum and forgot about it.

Then some day Satoshi wakes up and send 1000 BTC to some addresses he find randomly here in the forum.


But you lost your private keys. So you can't take your 1000 BTC and gets depressed and lost your job and all bitcoins you have.


So better backup all your old addresses so you don't risk the destruction of your life

Nope
Nope
Nope
and
Nope

Thanks for the Santa clause story though

It's literally impossible that satoshi "lost his coins". The creator of BTC would never make the mistake of not having enough diversified backups. He's just keeping his coins and not moving them around, that's all.

Are you sure? Nobody knows if he lost or not his mined bitcoin. All the posts here are only supposition about satoshi, and it is normal to think he doesn't lost his bitcoins (but I am not sure of this thing).

Im also 100% sure that he never lost his coins. He's on this for the very long term, he create Bitcoin and predicted everything thus far (including the blocksize problem, the mining centralization etc). He knows things will turn out ok, and he never intended to sell but to live inside the btc ecosystem (becuase at some point we will not need to sell, it will be a very used currency).
Im pretty sure he has addresses that we do not know of, and uses these to buy everything he needs, while keeping that address frozen.

Of course he has a backup.
You didn't think he would go through all that trouble just to delete his wallet did you?  ;D

Leaving conspiracy theories out of the question, this is really sound advice. I have never deleted a wallet myself, always make a copy. I've got like 10 wallet.dat files that I always copy when I update my QT.

LOL
So I am not the only one.....
That is good news!
I thought I was paranoid  ;D

it is also possible that he lost them or forget password or destroyed those bitcoins
i don't think he own that much bitcoins right now, and no one has wallet address of satoshi that are supposed to holding thousands of BTC

Ironic that right after creating this thread you proceed to shred your wallet so no one can help diagnose your problem.

AFAIK he created a new address for each of the block rewards he got.
So I don't think it's possible to find a single address with all that coins.
If it was it would have appeared in the Bitcoin Top 10 rich list by now.

i destroy every month somes 5-8 wallets ...  ::)
because, when an wallet is empty and when you manage fund internally ... keep a wallet is useless.

when you are free writer with a bitcoin signature donation ... yes, you MUST don't destroy the wallet !
because, article may survive a couple of decade (and pay you retirement).  ;D

http://cdn2-b.examiner.com/sites/default/files/styles/image_content_width/hash/40/84/COOL-STORY-BRO.jpg

What do you mean "manage fund internally"?

This is one of the few reasons why I do not believe him, I think he only want some btc in donation.





Yes, of course. Because it was normal to create an address for each transaction, also for a question of privacy and anonymity. I think he has a wallet wit a 'lot of address' or a couple of wallet (who knows?).

1) Satoshi was definitely into mining.
2) Satoshi said "never delete a wallet."

And people still ask whether he controls those coins. LOL.

Wow! that's an amazing thread. So , we know that those old BTC address which have not been moved since long , still belongs with Satoshi if he is alive or maybe he passed them onto someone ??? There's a great chance that he might not be alive , since i really believe he wouln't abandon bitcoin so easily . OR maybe he is still there with some other name ?

Satoshi is currently living in a crawlspace inside Gavin's residence. He loves Doritos and white wine.

They play chess every night and laugh at all the speculation.

Gavin's obsession with Satoshi is more like "Single White Female". Satoshi would be chained up in crawlspace and Gavin would dress in his clothes. (shudder)

From your mouth to Satoshi's ear.  ;)

I have acctually never thought of it like that... I hope all the people who act like grassholes, will consider this thought too... It takes nothing from you to be good to other.

IF I was him/her, I would not go for a 1000 BTC airdrop .... I would rather go for a smaller amount.. say 10 BTC per person. {That way, I put a smile on 100 000 people, not just 1000}  ;D ;D ;D

Imagine that... 

Yeap, yeap.
From your mouth to Satoshi's ear.
Definitely!

Satoshi, if your reading this: 1F5pXCvqkTieg88rFdy6VU7dHyu4wWCm5i   <--- You know what to do  ;)

I agree with Satoshi.
You should never delete a wallet.
Send it to me instead  :o

I don't believe Satoshi has the keys to his wallet(s), nor has he ever actually kept them in any way. He was all about decentralization, and if he held that many coins, he knew people would have to live in constant "fear" of him being able to release a ton of coins. We waned out his influence on the network gradually in order to give it to the public domain.

Some times it comes handy to save your old wallets. In 2014 I got sent $400 in btc and that person used my oldest wallet as destination by mistake.

If I didn't had a backup of my first wallet then these coins would sit there for ever without moving. Indeed never delete wallets.

Im pretty sure he still owns the coins. No one would know he owns those coins, because no one knows who he is in real life, therefore there's nothing to worry about that, he could go on being a multimillionaire anonymously.

Nah, the pumpkin is right... As soon as a single satoshi (no pun intended) of those coins move, we knew that Satoshi was still in control over all those coins. That someone could, in the blink of an eye, move thousands upon thousands of coins. That would move the market.

Psss, if it weren't for Satoshi we wouldn't be here today. :P
On the topic though, you should really never delete a wallet.

Here is a list of people who know exactly who Satoshi is or have met him or acquintance:

-Jon Matonis
-Andreas Antonopoulis
-Jeff Garzik
-Peter Todd
-Edward Snowden
-Gavin Andresen
-Hal Finney
-Ross Ulbricht
-Mark Karpeles
-Mark Zuckerberg
-Winklevoss Twins
-Barry Silbert
-Charles Lee

should I keep going?

Is any of that info confirmed?

Doubtful

Nice find OP. Yes the post speaks for itself, as long as he is alive then his wallets are backed up and safer than any of ours are. Now what happens when he moves some to sell. Shocker! Bitcointalk and the markets will be going mental lol

That's a very big and interesting list of names.
May I ask what makes you think that these people even have a clue as to who Satoshi is?

   ??? maybe this time he began to prepare most of the coin coins he had for a jump in market  ;D

He said Mark Zuckerberg though  :D :D :D

What proof do those people have to have meet Satoshi in person? I don't believe it for a second, specially people like Winklevoss Twins, mark Karpeles... why would those meet Satoshi for?

They were all my classmates from the inception of Bitcoin at Harding. They'll all deny it though. Bunch of back-stabbers.