I'm specifically talking about English vs. American spelling. I.e. words like flavour vs. flavor, colour vs. color etc. We already know that Nakamoto used English spelling in his personal communication, so unless you believe this was a deliberate setup, we can pretty much exclude all U.S. born citizens.

Edit: and I also believe the general consensus was that English was Nakamoto's native language.

Neither Charlie nor Ross was caught for stealing. It was money laundering and drug dealing. As far as Trendon, I can't find any proof he was convicted of anything. But he may have.

I am a former supporter of bitcoin but I hate to say that bitcoin will not reach mind boggling prices. There is one important reason for this:

HACKING

1. As the price goes up, BitCoin will be more lucrative to hack. This fear of losing funds will keep the price down. And even the most secure of exchanges have been hacked like CoinBase!!! That’s right. Don’t believe me? Do an internet search on coinbase hacked.

2. All exchanges are easily hacked and not secure enough. This is another contributing factor that will hold the price of BitCoin down. We’ve seen wallets get emptied for an entire exchange. But its not just that, even individual accounts have been hacked if they could not hack the entire exchange.

3. BitCoin’s convenience is its weakness. Bitcoins are available in electronic space or Cold storage. So its much more susceptible to have the coins getting stolen. With a bank, its much more difficult to do this. I can go to the bank and make a deposit and my account is credited for that deposit. If a hacker gets my user name and password, and tries to transfer those funds, I can catch it and deny the transfer. Everything can be traced. With Bitcoin no one is even willing to prosecute hackers that steal coins. And how often does a hacker gain control of your bank account as opposed to a bitcoin exchange account? How often does a hacker empty the funds from a bank account compared to a bitcoin account? Also here in the USA, funds are FDIC insured for up to $250,000.

Also consider computer crashes and losing the paper that had all your coins on it.

4. Lets just pretend that BTC does reach 100,000. Given all the risks of how easy it is to lose your coins, why would someone pay that price? Why not hold a stock that is worth 100,000 dollars? That is much more secure than a bitcoin.

I learned all this the hardway when my cryptsy.com account was hacked. I only lost 3.11 BitCoins which was basically all my profit plus 800 dollars net loss. Its not a lot but enough for me to say I am going to stay away. None of these exchanges are secure enough like a banking website. I will move my coins away from coinbase into cold storage and hold until the price gets pumped up enough for me to sell off and break even.

BitCoin was  a promising concept but until you see your wallet get emptied, you see all the flaws. BitCoin didn’t ruin itself, the hackers did.