Satoshi probably started a new coin.

[Lauda]

-snip -2)  
3) Do you think these other projects would have anything to do with Crypto currencies? Did Gavin post proof of this or was that just something he said? I have read most of his postings on this forum, and I did not get a negative vibe from it.
Something about this, make the hair at the back of my head go all prickly. hmf  

To understand point two you have to look at the original point that OP made:

2. Satoshi got depressed, because bitcoin not worth anything to him anymore... he couldn't mine anymore because of the difficulty increase.

It is directly tied to the first point. As we've disproved his first assumption, point 2 becomes invalid.
As for point 3, we can't really know what he is working with. He never said anything related to that as far as I know. Also if I'm correct, Gavin posted the last email from Satoshi in which he stated that he was moving on. It might have to do something with Gavin visiting the CIA back then. However, we should not be stuck in the past. We should be rather looking towards the future.

1) losing does not mean only distractedly, but also because of some thief, no amount of backup will save you at that time

and not only cybernetic thief but also real life thief, many thing could happen that could steal your treasure

There are two problems with your desire to win arguments in this one:
1) Stealing an encrypted wallet does nothing, hence it being pointless (if the password is long enough)
2) You're the one that was preaching that you're 'un-hackable' in some thread; so why wouldn't satoshi be as well?  

There is no way that someone was able to trick a man who did so much to extensively and successfully hide his identity from everyone in the world. I hardly doubt that someone so proficient and intelligent would download some malware or key logger. As for the everyday theft, how do you steal Bitcoins from a person if you don't know that he/she owns them?

[unamis76]

I highly doubt he wanted to have any involvement in cryptocurrency development after the boom of Bitcoin... But this is just speculation, just as the first post

He is probably a simple person, an engineer, he doesn't live of "glamour and fashion", neither from popularity. He lives from ideas and ideals (and this one is certain: otherwise he wouldn't have bothered in designing and writing Bitcoin).

Who knows? He might be around the forums Or not.

[Amph]

There are two problems with your desire to win arguments in this one:
1) Stealing an encrypted wallet does nothing, hence it being pointless (if the password is long enough)
2) You're the one that was preaching that you're 'un-hackable' in some thread; so why wouldn't satoshi be as well?  

There is no way that someone was able to trick a man who did so much to extensively and successfully hide his identity from everyone in the world. I hardly doubt that someone so proficient and intelligent would download some malware or key logger. As for the everyday theft, how do you steal Bitcoins from a person if you don't know that he/she owns them?

uhm i said real life thief also, which has nothing to do with cybernetic thief, it could be that someone knew about his treasure when bitcoin became big, and thus he forced satoshi to reveal his password or whatever, you are basically telling me that there is no chance that this could have happened, which is blatant wrong

my un-hackable fortress has nothing to do with this...seeing how we are talking about different type of thieves

[Lauda]

uhm i said real life thief also, which has nothing to do with cybernetic thief, it could be that someone knew about his treasure when bitcoin became big, and thus he forced satoshi to reveal his password or whatever,you are basically telling me that there is no chance that this could have happened, which is blatant wrong

my un-hackable fortress has nothing to do with this...seeing how we are talking about different type of thieves

Stop diverting the argument. You often tend to divert for the sake of winning, which seems to me like a red herring situation? Although, don't bother with this.

You've mentioned cyber theft, now you're saying it has nothing to do with this?
You're telling me that someone found out, managed to steal it and force him to reveal the password in addition to not touching the funds for years? Statistically highly improbable.
I never said that there 'is no chance', stop twisting my words.

Don't make me laugh.  


Update: Yes you are, and here we go again. I'm going to ignore your posts in this thread.

[dothebeats]

I wanted to post this before... but I forgot my password, and password reset wasn't working lol... maybe because of forum hack... but anyway.. now it's working again and I am glad I can post again...

Cause I did want to share my thought with you on this... perhaps this theory/hypothesis has already been discussed exactly like this or perhaps not but here goes:

So I think I know who Satoshi might be, all I have to do is think "What would I do if I were him ?" since I am a developer too, so I can think a little bit like him, the story probably goes as follows:

1. Satoshi lost his keys during development... while bitcoin was still worthless.

2. Satoshi got depressed, because bitcoin not worth anything to him anymore... he couldn't mine anymore because of the difficulty increase.

So the next logical thing for him to do is:

3. Start a new coin... and mine it early to get rich once again ! LOL.

PROBLEM SOLVED ! LOL.

And indeed... Satoshi did seem to leave bitcoin....

So the question is which new/alternate coin is he now in ?

Maybe litecoin... or maybe a coin in the future ! =D

Bye,
  Skytoshi ! =D

1. A man who created bitcoin and who always advised others to keep their private keys is very improbable to lost his own private keys, but it still is possible however.
2. Going back to #1, chances are slim of him losing the private keys. He couldn't mine, yes, but given his talents and skills as a coder, leaving bitcoin is okay because he can still use his wits to get by or get rich.
3. Probable, but I don't think he would ever, ever, start a new coin given that bitcoin reached several milestones already. A man of pure integrity and belief in his own work wouldn't create a new one to counter his previous obra maestra. Instead, he will keep on honing and developing his masterpiece until there are some things left to be developed.

Just my 2 cents.

[Amph]

uhm i said real life thief also, which has nothing to do with cybernetic thief, it could be that someone knew about his treasure when bitcoin became big, and thus he forced satoshi to reveal his password or whatever,you are basically telling me that there is no chance that this could have happened, which is blatant wrong

my un-hackable fortress has nothing to do with this...seeing how we are talking about different type of thieves

Stop diverting the argument. You often tend to divert for the sake of winning, which seems to me like a red herring situation? Although, don't bother with this.

You've mentioned cyber theft, now you're saying it has nothing to do with this?
You're telling me that someone found out, managed to steal it and force him to reveal the password in addition to not touching the funds for years? Statistically highly improbable.
I never said that there 'is no chance', stop twisting my words.

Don't make me laugh.  

i said BOTH cyber thief and real life thief(i'm not diverting anything, you apaprently forget about how to read correctly a post), read my post again

yes there is a chance, (which is not that slim as you think, remember that Sirius was the other guy that did built this forum, so he wasn't alone and he certainly did not invented bitcoin in some remote place like in a jungle above a mountain at 4k + meters from the ground)

that someone knew about his enormous amount of money and forced it to reveal his passphrase, very far from being un unlikely scenario

[Herbert2020]

do you honestly think that a programmer like satoshi who came up with the idea of bitcoin and made it happen, could lose his private keys because bitcoin was worthless back then!!!
i don't know how much longer you guys are going to compare bitcoin with a pump and dump altcoin.

[HCLivess]

Satoshi believes in spending outputs and as long as there is not a competing technology in security, which is not to this date, he would not create a different platform

[Skybuck]

Here is a question for you disbelievers, which is pretty good:

How much bitcoin has Satoshi actually spent ?

The not spending of his coins actually supports point 1.

Another funny thing is that sometimes people giving the advice, ignore their own advice and fok up

Also Satoshi is not god or anything, there are other possibilities too, like his systems overheated and melted down.

Or old equipment was used and failed even faster than average day electronics or perhaps opposite, more reliable...

Another possibility which came to mind and question about it:

Did Satoshi use an automated versioning system from the start ? Did it fok up because of bugs?

Did he use a manual versioning system ?

Some claimed his code was messy, thus his mind could be messy, like a nutty professor...

Sometimes professor can be nutty and forget things or make really funny fok ups.

So the messy code could also be taken and seen as a messy/stressed mind capable of fok ups

(Maybe even a frustrated mind that in the start his system wasn't really being used that much).

Which could also support point 1... though I do find this a bit of stretch... but not even that far of a stretch

(Also the encrypted wallet argument might not be valid, I think Satoshi left before that feature was implemented)

Also his systems may have been struck by virusses/trojans... (I find that counter argument somewhat weak...that he might be immunine to that... bad luck with hardware/drivers/bugs/holes/hacks can strike anyone.. though I also find this scenerio somewhat less likely.)

But I have a question about it: What was his development system ? Windows ? Linux ? Something else ? Maybe Unix ? Maybe even OS X ? (small little lol there... probably not  OS X )

[Gleb Gamow]

I wanted to post this before... but I forgot my password, and password reset wasn't working lol... maybe because of forum hack... but anyway.. now it's working again and I am glad I can post again...

Cause I did want to share my thought with you on this... perhaps this theory/hypothesis has already been discussed exactly like this or perhaps not but here goes:

So I think I know who Satoshi might be, all I have to do is think "What would I do if I were him ?" since I am a developer too, so I can think a little bit like him, the story probably goes as follows:

1. Satoshi lost his keys during development... while bitcoin was still worthless.

2. Satoshi got depressed, because bitcoin not worth anything to him anymore... he couldn't mine anymore because of the difficulty increase.

So the next logical thing for him to do is:

3. Start a new coin... and mine it early to get rich once again ! LOL.

PROBLEM SOLVED ! LOL.

And indeed... Satoshi did seem to leave bitcoin....

So the question is which new/alternate coin is he now in ?

Maybe litecoin... or maybe a coin in the future ! =D

Bye,
  Skytoshi ! =D

http://www.nytimes.com/2007/04/17/health/psychology/17brody.html?pagewanted=all&_r=0

In researching fugue states, Ms. Thuna learned something reassuring: “You never lose your memory. It’s always there. It just falls out of the file cabinet.”

FugueCoin: Mine 'em till you're rich, then forget you ever mined them. If your FugueCoins are ever stolen, you'll simply forget that the incident ever took place and move on. The beauty of FugueCoins is that even hackers will forget what they've stolen, ergo also useless to them.

[ransomer]

If he is as smart as people claim to be:
1) Wouldn't ever happen (he claimed himself that people should never delete wallets)
2) Gets countered by point 1)
3) That's not a logical thing at all.

If he really is as smart as people think, he would never touch an altcoin.

While I understand that starters or backers of altcoin would like to spread this idea..it is completely unbelievable.

He knew that if bitcoin was not to be seen as 'his' personal project and truly become a global currency he would have to back off and also limit his own amount of currency.

If he for example owned 50% of all coins.. people found find it strongly unfair and feel they were working for him. To make the currency successful he would need people to take ownership of the idea.

So there is a very very good reason he backed off.

But I think he is still in btc. Perhaps even fully still.

[TibanneCat]

But I think he is still in btc. Perhaps even fully still.

yep, very likely.

He spent years developing bitcoin and proving it could work, amassed a significant amount of it, when it finally starts to gain recognition he just simply walks away from it?

nah
Very likely just said that to take off the attention. He "switched off" the Satoshi persona and undertook a different pseudonym.

[gentlemand]

I would guess that Satoshi views the alt sections and sprays a fountain of vomit in disgust all over his/her/their screen.

A full on visionary is not going to dick around with shit coins. If financial considerations were a factor, BTC still outweighs everything else by a country mile.

[Thatstinks]

Living in Japan I feel like he is everywhere

[Studio60]

So I think I know who Satoshi might be, all I have to do is think "What would I do if I were him ?"

Is is the same person Ted Nelson thinks it is?

https://www.youtube.com/watch?v=emDJTGTrEm0

[monsanto]

I think Satoshi is behind Namecoin.

Hints:
- Namecoin's founder (Vincent Durham) is also an unknown person/pseudonym. Similar 'strategy' as for Bitcoin.
- Namecoin is the first fork of the Bitcoin software, (one of the) first alt coin
- Satoshi Nakamoto was in a discussion about a hypothetical system called BitDNS here on this forum in 2010
- Namecoin includes ideas/features that seem to be relevant for Satoshi according to his posts

I think it is very likely that "Vincent Durham" aka "vinced" was Satoshi. A double spacer like Satoshi, he appeared a few months after Mr. Nakamoto vanished.

See Zooko's Triangle:

https://en.wikipedia.org/wiki/Zooko's_triangle

Computer scientist Nick Szabo illustrated that all three properties can be achieved up to the limits of Byzantine fault tolerance.[3]

The internet activist Aaron Swartz described a naming system based on Bitcoin which tries to square Zooko's triangle by employing Bitcoin's distributed blockchain as a proof-of-work to establish consensus of domain name ownership.[4] These systems remain vulnerable to sybil attacks,[5] but are secure under Byzantine assumptions. A few months after the proposal, Namecoin was released which implements the concept.

[afriezalie]

I wanted to post this before... but I forgot my password, and password reset wasn't working lol... maybe because of forum hack... but anyway.. now it's working again and I am glad I can post again...

Cause I did want to share my thought with you on this... perhaps this theory/hypothesis has already been discussed exactly like this or perhaps not but here goes:

So I think I know who Satoshi might be, all I have to do is think "What would I do if I were him ?" since I am a developer too, so I can think a little bit like him, the story probably goes as follows:

1. Satoshi lost his keys during development... while bitcoin was still worthless.

2. Satoshi got depressed, because bitcoin not worth anything to him anymore... he couldn't mine anymore because of the difficulty increase.

So the next logical thing for him to do is:

3. Start a new coin... and mine it early to get rich once again ! LOL.

PROBLEM SOLVED ! LOL.

And indeed... Satoshi did seem to leave bitcoin....

So the question is which new/alternate coin is he now in ?

Maybe litecoin... or maybe a coin in the future ! =D

Bye,
  Skytoshi ! =D

1. Satoshi is founder of bitcoin. I think he won't lose his private key in development. Except he wrote his private key on paper and that paper was burn.
2. He can buy so many ASICs miner with his premined coin when bitcoin was still in development.
3. I think he won't make a new coin and become rich with premined coin trick.
Satoshi is a mysterious man and i don't know where is he right now

[pooya87]

did satoshi create a new altcoin?
meh, this is unlikely

did he lose his private keys
lol, how can you lose the most important thing (private key) to something that you create?!!
sorry but this is honestly the stupidest thing i have ever heard.

satoshi created a new coin to mine and get rich
not everybody earns money from pumping altcoins, you can work as a programmer and earn a lot more than that if you are good!

[ajareselde]

afaik Satoshi went "dark" when government reached out to Gavin for questioning. And since creating any form of money by a citizen is prohibited, it doesn't surprise me he did just that.
Thinking that he went to create some shi*coin is insane, since he is considered to hold big piece of bitcoins, and the fact he is not spending them only shows that he knows what
he is doing. If he was to spend the coins, it would create a flood of bad comments how "the founder is dumping his coins" and what not.

Maybe litecoin... or maybe a coin in the future ! =D

Litecoin creator identity is known, so what are you trying to say, that Satoshi= Charlie Lee ? That's just dumb idea. If he was to bounce to a new coin every year or so, it would
make 0 credibility for him and the bitcoin.
btw. imho litcoin is just another shi*tcoin, created to be asic resistant; and look at it now, whereas bitcoin is still doing what it was created to do, so please don't try to insinuate things to
try to increase people's confusion.

cheers

[Skybuck]

did he lose his private keys
lol, how can you lose the most important thing (private key) to something that you create?!!
sorry but this is honestly the stupidest thing i have ever heard.

This is interesting, let's suppose he did not loose his keys, but instead he lost his wallet. The keys are somewhere on a piece of paper ?!

How hard would it be for him to match the keys to the possibly many addresses that were generated ?

Also how many addresses and/or keys would he have needed to write down on paper ?