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Author Topic: Satoshi Nakamoto's Wealth  (Read 314 times)
Beparanf
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November 27, 2021, 04:06:08 PM
 #21

satoshi's wealth is very much as we know satoshi owns bitcoin and he still keeps the private key if at this time satoshi released bitcoin then the price of bitcoin would drop drastically.

It can plummet the price of Bitcoin to zero if that will happened. BinanceUS drop price to 9K before by just a mistake of some institutional trader to drop 500 plus worth of Bitcoin so what's more if a million will be liquidated on an exchange. But this is impossible to happened since an exchange has limit on deposit and I believe no one that in the right mind will deposit huge tons of money on exchange and drop it at one go.

I believe OTC transaction is the only way Satoshi can liquidate his BTC into cash. He just need to use mixer before he do the transaction for his privacy.

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November 27, 2021, 05:18:12 PM
 #22

No one knows until now because everyone is so anonymous and the data collected is also limited to mining transactions without referring to whom and where it will end up. Then with a large amount that continues to be monitored, of course it can open over time, but who will continue to monitor it so that every time a shipment from his personal wallet flows to one name? that's the problem that until now he will remain in hiding and be aware of the existence of detailed tracking.
But the fact that there's a lot of impostors trying to claim that they're Satoshi is not going to go down anytime soon even if we arrive to a point where Satoshi himself reveals who he is, at that point we might not even believe it anymore. I think that the current tracking technology isn't that advance or competent enough to trace the roots and find who Satoshi really is, remember that he's the creator of this so he definitely knows how to avoid the tracking.

That's him with all the greatness that can't be solved by today's sophisticated technology experts. Or most people say that Satoshi is the one who hides in the back who can't be touched. This is the kind of hero who has given great service to mankind, but he is strong enough not to reveal himself to the public. He will remain anonymous, although not a few who claim to be A, he is B and so on, will end in rejection from the Bitcoin users themselves. Even if the real him appears in the end, everything will become null and void.

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November 28, 2021, 07:45:08 AM
 #23

It can plummet the price of Bitcoin to zero if that will happened. BinanceUS drop price to 9K before by just a mistake of some institutional trader to drop 500 plus worth of Bitcoin so what's more if a million will be liquidated on an exchange. But this is impossible to happened since an exchange has limit on deposit and I believe no one that in the right mind will deposit huge tons of money on exchange and drop it at one go.

I believe OTC transaction is the only way Satoshi can liquidate his BTC into cash. He just need to use mixer before he do the transaction for his privacy.

Satoshi could dump literally every single coin he/she/they have and heavily FUD bitcoin at the same time and it would still not reach zero. As long as nothing has changed astronomically to the protocol in a negative manner, you'd be damn sure that there will be a lot of bidders down the price charts if nothing has changed to the protocol.

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November 28, 2021, 10:19:37 AM
 #24

Do you guys think that this will remain a mystery?
I've heard the story of the Legen who resides on the hill of skulls with a pair of eternal virgin goddesses, but until now the mystery has not been solved, its authenticity remains a mystery in my area.

To be honest, I'm not sure how much Satoshi's worth of $___$ is today, what is clear for now is that the world must know the greatness of Satoshi, the creator of Bitcoin, whether it's a group, an individual or the like, it can be concluded that Satoshi & Bitcoin will be a history/story that is still an unsolved mystery, although nowadays many say, this 🥸 is Satoshi and that 🤓 is Satoshi.

Thank you very much and thanks for the information, regarding Satoshi's wealth.

R


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December 01, 2021, 06:24:08 AM
 #25

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

He will remain anonymous forever, but of course, we will see his holdings moving soon or in the future. It's common sense, why would he hold a lot of money if he cannot spend it, besides, you'll only enjoy the value of your money if you will spend it.

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December 01, 2021, 06:41:12 AM
 #26

OP, your question is irrelevant at this point.
What's the point of asking a question that nobody,except Satoshi himself,can answer?
Increasing your post count with one more post?
Every year,multiple Bitcoiners keep asking the same question and it is clear that nobody can answer.
I'm beginning to believe that Satoshi Nakamoto might be dead and his BTC will remain untouched forever.
What's the point of having billions of dollars worth of BTC and not using them for something good(for charity,environmental projects or investing in promising startups)?



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December 01, 2021, 07:40:15 AM
 #27

He will remain anonymous forever, but of course, we will see his holdings moving soon or in the future. It's common sense, why would he hold a lot of money if he cannot spend it, besides, you'll only enjoy the value of your money if you will spend it.
You don't know which coins belong to whom on bitcoin blockchain and despite what these clickbait topics and clickbait websites keep claiming we have no evidence of the total number of blocks Satoshi mined. On top of that many of the early mined coins have already been moved but nobody seemed to care or even notice!

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December 01, 2021, 08:28:01 AM
 #28

satoshi nakamoto in my opinion he is the richest man in the world today satoshi has a lot of bitcoins now satoshi releases bitcoin then he will become the richest person in the world today do you agree with me?

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December 01, 2021, 03:35:56 PM
 #29

OP, your question is irrelevant at this point.
What's the point of asking a question that nobody,except Satoshi himself,can answer?
Increasing your post count with one more post?
Every year,multiple Bitcoiners keep asking the same question and it is clear that nobody can answer.
I'm beginning to believe that Satoshi Nakamoto might be dead and his BTC will remain untouched forever.
What's the point of having billions of dollars worth of BTC and not using them for something good(for charity,environmental projects or investing in promising startups)?
Well as you said, it's clear that nobody can answer it then what's the point of your statement that you believe that Satoshi might be dead? Do you really believe that behind the name Sathoshi Nakamoto is a single person? At this point, there's no clarity on that claim because maybe the name behind SN is a group of individuals and not just a single person.

Quote
What's the point of having billions of dollars worth of BTC and not using them for something good(for charity,environmental projects or investing in promising startups)?
How about if you answer that to yourself. Would you do charity or enviromental projects if you have billions of USD?

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December 01, 2021, 03:46:56 PM
 #30

if there are people who know about the wealth of satoshi nakatomo, maybe everyone will be jealous of the wealth he has, but that's how satoshi plays in hiding his identity, let alone finding out about his wealth, his identity until now no one knows, I think it's better for us think about what he has created, instead of dizzy we think about his wealth..

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December 01, 2021, 03:52:06 PM
 #31

most likely satoshi is the richest person in the world today, because he is the true owner of bitcoin, he introduced bitcoin to us, he is also the one who has taught us about the bitcoin business, maybe for that reason he hides his identity, he doesn't want to publish himself on the internet. public, because he doesn't want other people to know about him and the wealth he has.
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December 01, 2021, 05:36:58 PM
 #32

one thing that i dont understand!
where is his all 1mil coins? is there anybody who saw his wallet balance? i know its a cold storage
how people say hes holding 1mil coin??
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December 01, 2021, 07:04:57 PM
 #33

one thing that i dont understand!
where is his all 1mil coins? is there anybody who saw his wallet balance? i know its a cold storage
how people say hes holding 1mil coin??
You would really be having some nice good read on this link in regards to this
https://decrypt.co/34810/how-many-bitcoin-does-its-inventor-satoshi-nakamoto-still-own

When it comes to wealth then nothing beats out the creator itself yet its still not precise about those numbers he do own specially on those bitcoin test phase time of itself which means we dont know on how much he had mined that time but people were speculating about a million
which we know if its accurate or just presumptions.

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December 02, 2021, 04:49:26 AM
 #34

one thing that i dont understand!
where is his all 1mil coins? is there anybody who saw his wallet balance? i know its a cold storage
how people say hes holding 1mil coin??
You have trouble understanding it because it is an absurd claim based on weak guesses at best. Basically many years ago someone hypothesized that certain bitcoin blocks looked to be following a "pattern" and based on that he concluded that they were all mined by Satoshi. Ever since then people have been claiming a lot of early blocks were mined by Satoshi hence the 1 million BTC balance sum.

The funny thing is that from time to time an early adopter comes along and reveals that the early mined blocks were mined by them and moves the coins. Here you can see a lot of early block rewards that were already moved by their owners:
https://blockchair.com/bitcoin/outputs?s=block_id(asc)&q=is_from_coinbase(true),is_spent(true)#f=is_spent,block_id,time,is_from_coinbase

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December 02, 2021, 05:50:24 AM
 #35

I have serious doubts if Satoshi Nakamoto even have access to those "early" coins. I think he mined "tokens" in the early days as an experiment and he/she or they never even thought that it would reach a price of $60 000+ .....so Satoshi just threw away the private keys for those experiments. (probably printed on a piece of paper or written down in a notebook)  Roll Eyes

Let's say for one moment that Satoshi has access to the Private keys for these coins, then Satoshi will probably never touch them again. The Blockchain forensics has improved so much, that it might be dangerous for someone like Satoshi to move around these coins. (The criminals are also watching those coins, in the hope that they could possibly identify Satoshi and then get their hands on his wealth)  Angry

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December 02, 2021, 10:49:21 AM
 #36

I have serious doubts if Satoshi Nakamoto even have access to those "early" coins. I think he mined "tokens" in the early days as an experiment and he/she or they never even thought that it would reach a price of $60 000+ .....so Satoshi just threw away the private keys for those experiments. (probably printed on a piece of paper or written down in a notebook)  

I do not agree that he never had access to these coins, and I think he understood perfectly the problem that these coins might cause in the future. Unless something happened to him suddenly, I believe he made sure no one but him ever got access to those private keys. Satoshi has never shown interest in profiting from Bitcoin, so it is not at all debatable what he would do even if he knew how much 1 BTC would be worth in 10+ years.

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December 02, 2021, 11:34:43 AM
 #37

No one knows until now because everyone is so anonymous and the data collected is also limited to mining transactions without referring to whom and where it will end up. Then with a large amount that continues to be monitored, of course it can open over time, but who will continue to monitor it so that every time a shipment from his personal wallet flows to one name? that's the problem that until now he will remain in hiding and be aware of the existence of detailed tracking.

Yeah, you're right! right now, all we know are the numbers and the transactions that are being made every day. thanks to the latest technologies that have been provided by those who develop some way to manage to easily track transactions nowadays. However, that's the only info that we have concerning the total numbers of bitcoins and we don't have any idea who holds them but if somehow in the future someone will develop software to track its owner, then that would be possible and we will gather more info about Satoshi Nakamoto.

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December 02, 2021, 11:43:20 AM
 #38

For some reason, I think that there will be no movements in these wallets. Perhaps the keys are lost, or perhaps this is the concept of the stability of bitcoin, as the founder of the cryptocurrency. After all, if Satoshi's personality reveals itself and his assets begin to move, who knows how Bitcoin will behave with such significant processes.
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December 02, 2021, 12:06:06 PM
 #39

We still don't even know who Satoshi Nakamoto is but Satoshi is continuing to climb the ladder to become even the wealthiest person one by one. As long as Satoshi doesn't convert their Bitcoins to anything, it seems like they will continue to be richer as times goes on. I can't even imagine their place when the Bitcoin price reaches ten times the current level in the future for example.
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December 02, 2021, 12:06:59 PM
 #40

That man is very anonymous wherein even his holding for sure most of that news around the internet that showing satoshi nakamoto's wealth is not true, only approximately, i mean without any specific evidence such how much bitcoin that creators really owned on his pocket right now..or if its the real wallet of satoshi. Lol I believe it's massive but its impossible that someone can find where did nakamoto's store his bitcoin.. He is very anonymous wherein no any evidence left only bitcoin..so how is that possible someone can locate his wallet?
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