Satoshi is back ?

[7788bitcoin]

It was definitely "Satoshi"

Billions of Satoshis!!

[GermanGiant]

How would we know if Satoshi is back, since we never knew what it was to begin with, we don't know if it is 1 man, woman, or multiple people so how on earth could we know he is back?

Satoshi's coin movement means we are one step closer to Satoshi. If he is a man, woman, group... it does not matter.

[mavericklm]

Just an earlier adopter! so much fuss! is not like Satoshi will come out and play....

[Wilhelmus]

If I properly understood, 286BTC (or something like that) was moved, and so, what's the point ? Each time 2009 blocks move it's possible to see "Satoshi's return" or "Satoshi is back" thread everywhere on the net, it's pretty funny I find  . If you trust me a new religion is being created, with Satoshi as the central God  .

[monsanto]

If I properly understood, 286BTC (or something like that) was moved, and so, what's the point ? Each time 2009 blocks move it's possible to see "Satoshi's return" or "Satoshi is back" thread everywhere on the net, it's pretty funny I find  .

I think the point is it doesn't happen very often because there are only a handful of people who mined coins that old. And Satoshi is one of them.

If you trust me a new religion is being created, with Satoshi as the central God  .

When one person owns that many bitcoins (enough to destroy the market if he dumps) he already has "God" power over the project.

[Aemon]

Wait, am I understanding this right?  He moved 286 BTC and everyone is freaking out?  I am obviously missing something though, 286 BTC moving happens every day?

[foodstamps]

Wait, am I understanding this right?  He moved 286 BTC and everyone is freaking out?  I am obviously missing something though, 286 BTC moving happens every day?

It is because of the age of the coins. This is the first documented case of coins so old, that were assumed to be satoshis have moved. It is a pretty big event.

[Aemon]

Wait, am I understanding this right?  He moved 286 BTC and everyone is freaking out?  I am obviously missing something though, 286 BTC moving happens every day?

It is because of the age of the coins. This is the first documented case of coins so old, that were assumed to be satoshis have moved. It is a pretty big event.

Gotcha, so did we know Satoshis coin address at one point?  Is there a place I can read some more about this and actually get facts?

[CryptBit]

I wish he came back and took control of bitcoin. We need him back. Lets start a poll and see how many people want him back.

[figmentofmyass]

I wish he came back and took control of bitcoin. We need him back. Lets start a poll and see how many people want him back.

that sounds problematic. i'm fine with what bitcoin is and what it has become. i'm not sure i like the idea of any "leader" having some kind of dictatorial control -- other devs and hashing power need to keep that in check. what if he had been co-opted? what if his vision had changed to something that we, the community, do not support?

[mallard]

Wait, am I understanding this right?  He moved 286 BTC and everyone is freaking out?  I am obviously missing something though, 286 BTC moving happens every day?

It is because of the age of the coins. This is the first documented case of coins so old, that were assumed to be satoshis have moved. It is a pretty big event.

Gotcha, so did we know Satoshis coin address at one point?  Is there a place I can read some more about this and actually get facts?

He has many addresses, most of them just have one transaction (receiving 50 BTC after mining a block)

[gotmilk_]

Obviously he is one of the group (not sure if Bitcoin is work of one person),  which created Bitcoin. I just hope he is still active as a developer and he can bring some solutions! Bitcoin really needs someone who is in from the start to raise his voice...

Btw... Coincidence that he come around in time of blocksize debate?  

[figmentofmyass]

Btw... Coincidence that he come around in time of blocksize debate?  

nah, block size has been debated since like 5 years ago. people have just been creating this irrational sense of urgency by introducing a protocol that is capable of a hard fork.

he's probably just slow-selling a bit of coin on the off-chance that XT succeeds. very small chance, very small number of coins moved.

[BillyBobZorton]

I wonder what % of power he would have if he came back? I mean sure he is the creator, but he hasn't contributed for years, and the original code has been improved so much that it wouldn't be recognizable if you compare the original thing. So I think Satoshi would have to prove itself again contributing with something to gain more rep, if he solved a big problem with Bitcoin right now he would have almost everyone's approbation on whatever he said.

[figmentofmyass]

i hope he dumps it all on bitstamp. i got huge bids waiting at the $0-$10 range. not really expecting them to ever get hit.

but that's where they are when i'm in fiat, in case, you know, satoshi dumps it all.

[foodstamps]

I wonder what % of power he would have if he came back? I mean sure he is the creator, but he hasn't contributed for years, and the original code has been improved so much that it wouldn't be recognizable if you compare the original thing. So I think Satoshi would have to prove itself again contributing with something to gain more rep, if he solved a big problem with Bitcoin right now he would have almost everyone's approbation on whatever he said.

He would have at least 10% of the current total coins, so I would put his power % right at or around 10%.   

[bitgolden]

I wonder what % of power he would have if he came back? I mean sure he is the creator, but he hasn't contributed for years, and the original code has been improved so much that it wouldn't be recognizable if you compare the original thing. So I think Satoshi would have to prove itself again contributing with something to gain more rep, if he solved a big problem with Bitcoin right now he would have almost everyone's approbation on whatever he said.

My guess is he never left the contribution to bitcoin nor this forum. But he hides his identity for some good positive reasons. No one will be ready to give up his dream project and achievements abruptly. Satoshi has been keenly watching everything but for decentralization reasons he sacrificed his rights over bitcoin.

[kingscrown]

satoshi might be scared of XT, so he may start moving funds

[Herbert2020]

i hope he dumps it all on bitstamp. i got huge bids waiting at the $0-$10 range. not really expecting them to ever get hit.

but that's where they are when i'm in fiat, in case, you know, satoshi dumps it all.

the dump you are talking about is 265 bitcoin as far as i know and reading the reddit posts mentioned earlier in this topic, i believe he had already spend them the same day he moved them.

[foodstamps]

i hope he dumps it all on bitstamp. i got huge bids waiting at the $0-$10 range. not really expecting them to ever get hit.

but that's where they are when i'm in fiat, in case, you know, satoshi dumps it all.

the dump you are talking about is 265 bitcoin as far as i know and reading the reddit posts mentioned earlier in this topic, i believe he had already spend them the same day he moved them.

I think he is saying that he hopes satoshi dumps all his bitcoins, not just the guy with a couple hundred.