The origin of bitcoin

[justallen]

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin. Bitcoin is money generated by software that can only be obtained by cracking various digital codes. Finding Bitcoin is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry. This online currency, which was once only whispered about in the dark corners of the Internet, has become a talking point in mainstream financial media, launching hundreds of other cryptocurrency competitors and plans for the very first Bitcoin ATM in Zurich.

Satoshi Nakamoto is the creator of Bitcoin,
responsible for releasing 21 million units of the
currency into the digital wild in 2009. Since then, a little over 12 million of them have been found, and their value has sky rocketed; at time of publishing, one Bitcoin will value $708 in Us dollars, although this price is unstable. This means that those who bought some of
the currency early because of its novelty have
become rich overnight without doing any real work. It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself, is a very rich man. Or woman? Or maybe corporation? Bank? Alien race? This is where the mystery lies. Satoshi Nakamoto remains anonymous, and his/her/their identity is subject to endless speculation. Notable suggestions include American researcher Nick Szabo , Japanese
maths prodigy Shinichi Mochizuki, and Silk Road’s own Ross William Ulbricht, aka Dread Pirate Roberts.

Towards the end of last year, Dorian Prentice
Satoshi Nakamoto, a Japanese American man living in California, was identified by Newsweek as being the Satoshi. He was hounded by the media until a message was posted to a technology website stating,

“I am not Dorian Nakamoto.”

So, the hunt continues. This information gives an epic run down of all the prime suspects, but whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet. If they want to avoid being uncovered, they will.

[Sir Alpha_goy]

Satoshi Nakamoto = Hand crafted avatar

A figment of your imagination so that you may act as a proxy for an entity that does not like to get it's hands dirty.

Instead it recruits blank minds and trains them from the ground up.

[Kprawn]

We are all Satoshi Nakamoto and the creator is of no significance for the majority of us. We see the potential of the technology and look past the

creator. So, he comes back and sell his/her coins and the price drops to $200 or $20 ..... Loads of people start buying again and the cycle continue.

The technology is more important than the person that created it.  

[Sir Alpha_goy]

We are all Satoshi Nakamoto and the creator is of no significance for the majority of us. We see the potential of the technology and look past the

creator. So, he comes back and sell his/her coins and the price drops to $200 or $20 ..... Loads of people start buying again and the cycle continue.

The technology is more important than the person that created it.  

Old technology with a new name.

Sell out your brother so that you can posses his land.

[BillyBobZorton]

Satoshi Nakamoto = Hand crafted avatar

A figment of your imagination so that you may act as a proxy for an entity that does not like to get it's hands dirty.

Instead it recruits blank minds and trains them from the ground up.

It could very well be the case. Satoshi Nakamoto has always been to me a team of people, never a single individual. How could a single man start all of this thing by himself? There's also said that the code is too perfect to be the work a single man. No matter how good you are at coding, you always make mistakes, it's only once other people look at it when you find those mistakes.

Or maybe he was just a single guy tho.. who knows.

[DannyHamilton]

Wow!  What a load of inaccurate and made up nonsense.

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin.

Suggested by whom? 

Bitcoin is money generated by software that can only be obtained by cracking various digital codes.

Incorrect.

Bitcoin is a money that is created by those that are performing the proof-of-work necessary to secure the blockchain.
 

Finding Bitcoin

No.

Bitcoin currency isn't "found".  It is created.

is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry.

Except that there isn't anything to decipher.  You assign yourself some bitcoins and then complete a proof-of-work before anyone else does

This online currency, which was once only whispered about in the dark corners of the Internet,

The internet has no corners.

Bitcoin was never "whispered about", and the first use of it was to purchase 2 pizzas. There really isn't anything very dark about a pizza.

responsible for releasing 21 million units of the currency into the digital wild in 2009.

Satoshi released placed his protocol and software in the public domain, but he didn't release any "units of the currency".

Since then, a little over 12 million of them have been found,

Created.  Not found, created.  And at this point its actually closer to 16 million.

become rich overnight without doing any real work.

Yep.  That's how speculation and gambling work.  The vast majority of people lose some money on the risks they take, and a few lucky people win big.

It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself,

Put aside?  You mean created through the same proof-of-work process as everyone else, and chosen not to spend yet?

is a very rich man. Or woman? Or maybe corporation? Bank? Alien race?

Or dead.

whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet.

Except it isn't encoded onto the internet, and it isn't untraceable.

Why is this nonsense trash even allowed on this forum.  Crap like this belongs in off-topic (or the trashbin).

[seven2smoke]

Originally bitcoin was founded by Satoishi which at the time only thought that he wanted to create a currency to make people use money on the internet more often but he instead created a beast a beautiful beast that changed the world and made earning on the internet easier he created a currency that has been rising more than any currency out there and changed every investor's way of managing his investments.

[Yakamoto]

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin. Bitcoin is money generated by software that can only be obtained by cracking various digital codes. Finding Bitcoin is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry. This online currency, which was once only whispered about in the dark corners of the Internet, has become a talking point in mainstream financial media, launching hundreds of other cryptocurrency competitors and plans for the very first Bitcoin ATM in Zurich.

Satoshi Nakamoto is the creator of Bitcoin,
responsible for releasing 21 million units of the
currency into the digital wild in 2009. Since then, a little over 12 million of them have been found, and their value has sky rocketed; at time of publishing, one Bitcoin will value $708 in Us dollars, although this price is unstable. This means that those who bought some of
the currency early because of its novelty have
become rich overnight without doing any real work. It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself, is a very rich man. Or woman? Or maybe corporation? Bank? Alien race? This is where the mystery lies. Satoshi Nakamoto remains anonymous, and his/her/their identity is subject to endless speculation. Notable suggestions include American researcher Nick Szabo , Japanese
maths prodigy Shinichi Mochizuki, and Silk Road’s own Ross William Ulbricht, aka Dread Pirate Roberts.

Towards the end of last year, Dorian Prentice
Satoshi Nakamoto, a Japanese American man living in California, was identified by Newsweek as being the Satoshi. He was hounded by the media until a message was posted to a technology website stating,

“I am not Dorian Nakamoto.”

So, the hunt continues. This information gives an epic run down of all the prime suspects, but whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet. If they want to avoid being uncovered, they will.

Seems like an old article. Aren't we up to close to 16m of the Bitcoin total being found? 12m would put this article back something like a year or two, which is a huge amount of time for something like Bitcoin.

As for the quote from what I presume is the article, it seems like it just talks about the speculation this community is already aware of. Anything new?

[springgers]

Wow!  What a load of inaccurate and made up nonsense.

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin.

Suggested by whom? 

Bitcoin is money generated by software that can only be obtained by cracking various digital codes.

Incorrect.

Bitcoin is a money that is created by those that are performing the proof-of-work necessary to secure the blockchain.
 

Finding Bitcoin

No.

Bitcoin currency isn't "found".  It is created.

is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry.

Except that there isn't anything to decipher.  You assign yourself some bitcoins and then complete a proof-of-work before anyone else does

This online currency, which was once only whispered about in the dark corners of the Internet,

The internet has no corners.

Bitcoin was never "whispered about", and the first use of it was to purchase 2 pizzas. There really isn't anything very dark about a pizza.

responsible for releasing 21 million units of the currency into the digital wild in 2009.

Satoshi released placed his protocol and software in the public domain, but he didn't release any "units of the currency".

Since then, a little over 12 million of them have been found,

Created.  Not found, created.  And at this point its actually closer to 16 million.

become rich overnight without doing any real work.

Yep.  That's how speculation and gambling work.  The vast majority of people lose some money on the risks they take, and a few lucky people win big.

It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself,

Put aside?  You mean created through the same proof-of-work process as everyone else, and chosen not to spend yet?

is a very rich man. Or woman? Or maybe corporation? Bank? Alien race?

Or dead.

whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet.

Except it isn't encoded onto the internet, and it isn't untraceable.

Why is this nonsense trash even allowed on this forum.  Crap like this belongs in off-topic (or the trashbin).

This can be on the thread "myths about Bitcoin"...

Looks like an media article saying that Satoshi hide some Bitcoins to people try to find, that's the problem with Bitcoin, misinformation.

[justallen]

Wow!  What a load of inaccurate and made up nonsense.

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin.

Suggested by whom? 

Bitcoin is money generated by software that can only be obtained by cracking various digital codes.

Incorrect.

Bitcoin is a money that is created by those that are performing the proof-of-work necessary to secure the blockchain.
 

Finding Bitcoin

No.

Bitcoin currency isn't "found".  It is created.

is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry.

Except that there isn't anything to decipher.  You assign yourself some bitcoins and then complete a proof-of-work before anyone else does

This online currency, which was once only whispered about in the dark corners of the Internet,

The internet has no corners.

Bitcoin was never "whispered about", and the first use of it was to purchase 2 pizzas. There really isn't anything very dark about a pizza.

responsible for releasing 21 million units of the currency into the digital wild in 2009.

Satoshi released placed his protocol and software in the public domain, but he didn't release any "units of the currency".

Since then, a little over 12 million of them have been found,

Created.  Not found, created.  And at this point its actually closer to 16 million.

become rich overnight without doing any real work.

Yep.  That's how speculation and gambling work.  The vast majority of people lose some money on the risks they take, and a few lucky people win big.

It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself,

Put aside?  You mean created through the same proof-of-work process as everyone else, and chosen not to spend yet?

is a very rich man. Or woman? Or maybe corporation? Bank? Alien race?

Or dead.

whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet.

Except it isn't encoded onto the internet, and it isn't untraceable.

Why is this nonsense trash even allowed on this forum.  Crap like this belongs in off-topic (or the trashbin).

This can be on the thread "myths about Bitcoin"...

Looks like an media article saying that Satoshi hide some Bitcoins to people try to find, that's the problem with Bitcoin, misinformation.

Just because your correct doesnt mean your right.

[fortunecrypto]

Bitcoin is the next big invention after the internet,but what makes it wonderful is the inventor do not want to come out and get all the credits for a revolutionary invention that has change our life,he could be rubbing elbows with the likes of Zuckerberg,and all the other big names in the internet world.

[justdimin]

We are all Satoshi Nakamoto and the creator is of no significance for the majority of us. We see the potential of the technology and look past the

creator. So, he comes back and sell his/her coins and the price drops to $200 or $20 ..... Loads of people start buying again and the cycle continue.

The technology is more important than the person that created it.  

But the person who created it too worth to be considered or celebrated. We must pay respect to him for the technology from which all of us are benefiting today. My sincere respect to Satosh Nakomoto will be there always.

[carlisle1]

Bitcoin is the next big invention after the internet,but what makes it wonderful is the inventor do not want to come out and get all the credits for a revolutionary invention that has change our life,he could be rubbing elbows with the likes of Zuckerberg,and all the other big names in the internet world.

yeah it makes the inventor more amazing and interesting because he do not introduce or reveal himself/his identity to all of us and doesn't want to receive all the credits for what he made for all of the people who has the benefits of his invention but all we can do is give him a respect for this great creation . it is astounding how he can make it possible to invent a currency which can be able to give us a freedom on using it and it seems like at old times of bitcoin no one knows that it will be a famous and most used cryptocurrency .