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Author Topic: Satoshi is back ?  (Read 10722 times)
achow101
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September 30, 2015, 03:58:49 AM
 #161

I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key. The last thing is we don't know who is the real satoshi.
No one but satoshi knows for certain what happened to him. No one knows whether he actually lost his private keys. Anything regarding who and what happened to satoshi is pure speculation that will get nowhere.


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September 30, 2015, 04:13:38 AM
 #162

I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.

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October 01, 2015, 11:40:09 PM
 #163

I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.


WoW! That's a gem. With every passing day, my belief is getting stronger that Satoshi is there and among us...

https://www.reddit.com/user/btcthwy

I AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMER
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October 02, 2015, 12:00:45 AM
 #164

I don't think satoshi will go back to bitcoin, and I heard that He has lost his private key, so how could he move his fund if he doesn't have his own private key.


I would be utterly gobsmacked if that was the case.

The person who originally sent the broken transactions deleted his wallet
Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case?  You should never delete a wallet.


WoW! That's a gem. With every passing day, my belief is getting stronger that Satoshi is there and among us...

https://www.reddit.com/user/btcthwy

and why you believe that he ever leave the community. He just go dark and i think he is still very active with another name maybe his real id?

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October 02, 2015, 12:04:53 AM
 #165

Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

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October 02, 2015, 01:05:57 AM
 #166

Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...
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October 02, 2015, 01:18:14 AM
 #167

Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...

Bitcoin cannot be destroyed (or seriously affected) by 'companies' that claim to be "experts in blockchain technology".
...and the original dream is not dead!

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October 02, 2015, 02:14:20 AM
 #168

Hello everyone I read many posts around here and operate my own 60TH Bitcoin farm but don´t comment much so please don´t disregard what I have to say for my new-member status.

This whole thing ties in nicely with a theory I´ve been developing over the past few days:

BTCS and Spondoolies merger is a terrible for Bitcoin and here´s why:

Since the day the merger was announced I watched every shareholder meeting of BTCS and most of the published numbers on the deal. It seems that Spondoolies sold its soul to the devil in order to gain access to the goldmine that is the American stock market, exchanging real value for inflated stock market value which will net the management (hundreds of) millions. So far so good.

However what this creates is: A: One HUGE new player in the market and B: A vacuum on the mining equipment side of things for the home-miner and even for medium sized operations like mine. This is the clearest shift away from the original "decentralized“ idea that Satoshi had and might deal a huge blow to the Bitcoin community as a whole. Other hardware manufacturers are way overpriced for what they can offer so anyone serious about making money through mining Bitcoins with a medium-sized operation is now pretty much dead in the water as are the many home-miners even though it is not as bad for them, because profitability often isn´t the priority here.

Now, old funds are being moved and to me this all points to one thing: Someone just realized that the original dream is dead.

I know many will hate me for saying this, including myself because I invested everything I had into my farm, but decentralization left the Bitcoin world the very second that merger was signed.

From a recent exchange with Spondoolies-Tech I know that even a 90.000 Euro ($101.000) offer could not entice them to sell one or two SP-50 and even thou I purchased 50 Miners from SP last year I do not qualify as one of the “select group of customers” to use SP terminology.

All this tells me that someone is very disappointed with where things went and it´s not just me.

Call me crazy but I believe many more funds from old wallets will be moving soon and quite possibly we won´t notice most of those movements.

On a personal note: I am clearly not unbiased in this as I feel anger towards BTCS for doing exactly what I did (finding low cost power and rented-space) but being so much more successful at it than me and regret towards SP-Tech because the real value of its business compared to BTCS is 100x higher. (They used the company revenue as a measure of how much both companies are worth, ignoring the value of technology, customer satisfaction and brand-strength involved on SP´s side of the deal.)

On a even more personal note: If you feel I hijacked this thread with my post please let me know and I will remove and reopen as a new Posting. And please excuse my rusty English, it´s been a while...

Bitcoin cannot be destroyed (or seriously affected) by 'companies' that claim to be "experts in blockchain technology".
...and the original dream is not dead!

Could you elaborate on your point a bit please? How did you arrive at this conclusion?
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October 02, 2015, 02:23:50 AM
 #169


Could you elaborate on your point a bit please? How did you arrive at this conclusion?

How many people need to believe in a dream for it to stay alive, Newkid?

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October 02, 2015, 03:20:43 AM
 #170


Could you elaborate on your point a bit please? How did you arrive at this conclusion?

How many people need to believe in a dream for it to stay alive, Newkid?

I don´t know (does anybody?) however, I do know that if you remove the small-to-medium miners the dream of decentralization evaporates and BTC might die once you remove that component because it is the involvement of the people that keeps it alive, just like you and me talking about it now. Would we still be talking about this if it was just another, cheaper version of VISA where 5 big companies do everything and we have no stake in it?
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October 02, 2015, 10:05:15 AM
 #171

If Satoshi come back that would be very nice for the bitcoin community. We will all go for party.
But, in a decentralization environment we need to solve all the hurdles we face, we should not expect the creator to solve all the issues we face. So, Satoshi should come back for a party. We need to acknowledge him for his greater work.

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October 02, 2015, 11:14:51 AM
 #172

Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.

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October 02, 2015, 11:24:51 AM
 #173

Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.

Yes. He has full right to sell them, more over he must be in full aware of what will happen when he selling all his coin at once. So, people need not worry about his hoardings.
I too believe that Satoshi already started selling his coins. That's his wish.

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October 02, 2015, 11:36:18 AM
 #174

Great news?
When Satoshi finally, really dumps all of his alleged stash, then people will no longer fear the increase in supply.

Reality Check
In the future, people will pay huge sums of money to "actually own a whole BTC!!"
^^^
A) If you believe the above, then it doesn't matter (long-term) if/when Satoshi sells his stash.
B) If Bitcoin fails, then it doesn't make any difference  (long-term) if/when Satoshi sells his stash.

I think he will never do it at once, becuase this action will kill his beloved child, BTC. He would rather do it a small part at a time (maybe he's already doing this), but never at once.

Yes. He has full right to sell them, more over he must be in full aware of what will happen when he selling all his coin at once. So, people need not worry about his hoardings.
I too believe that Satoshi already started selling his coins. That's his wish.

I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
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October 06, 2015, 11:13:15 AM
 #175

I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
That would never happen. If he ever sell, he always need to do it silently. Market will always react -vely to his selling news.
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October 06, 2015, 01:35:53 PM
 #176

I don't know, I have a gut feeling that he will not sell them soon and that he might sell them only when Bitcoin becomes so big that people even wouldn't care if he cashes out or not.

He is not into this because of money. This guy is so smart that he's probably a millionaire already by doing something else. He has invented Bitcoin to change the world and he will not jeopardize Bitcoin's existence at this still vulnerable moment for Bitcoin just to make some profits.
That would never happen. If he ever sell, he always need to do it silently. Market will always react -vely to his selling news.

Indeed, he can stille asily crash bitcoin if he would, so better for him to stay invisible... Smiley

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October 06, 2015, 04:10:10 PM
 #177

If/when Bitcoin is big enough then cashing out would be silly.
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October 06, 2015, 04:10:43 PM
 #178

If/when Bitcoin is big enough then cashing out would be silly.

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October 06, 2015, 07:12:53 PM
 #179

What si BTCS and spoondles merge? I never read about it. No idea whats BTCS at all

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October 06, 2015, 08:25:12 PM
 #180

It´s a (in my opinion) cheaply made online-shopping website for Bitcoins hence the name BTCS = BiTCoinShop who have pivoted into a mining facility but realy add 0 real value to Spondoolies except for millions of cash from the stock market because this cheap online shop is somehow publicly traded in the US. I realy hope Spondoolies find a way out of that relation and come back to the miners instead of cashing out on the stockmarket... they can´t be trusted anymore because now it´s no longer about real profits by making good equipment its all about "looking good" to investors and stock market people wich is also why they decided to spill the beans about the SP50 EXACTLY at the same time they finished the merger... it will make their stock look more appealing.

To be honest I wouldn´t even be all up in their shit if they would just sell the damn things but by now I´m thinking the SP50 is nowhere near ready for shipping... it was just a big hoax to drive up stock prices for BTCS wich they now own 47% of.

I´d guess the SP50 will be ready soon and thats when they will start selling to the public because it makes NO SENSE WHATSOEVER to actualy put them into BTCS´ mining facility when they can make MUCH MORE MONEY selling the damn things instead of waiting and hoping for a ROI and they know that...
Even with a pricetag of 70.000 per piece they would have sold many by now and if they realy want to mine they could still do that once the orders dry up because cash in hand is better than ROI in the future... every businessman knows that. It´s all about the HUGE stock market cash.

Bottom line, the whole: "We are selling to special customers only at this time" is a lie, they arent selling anything because nothing is ready to sell, if it was, they´d sell to everyone.
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