Wendigo
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May 05, 2016, 06:09:10 AM |
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I am inclined to believe that Craig Wright may have been involved with the development of Bitcoin at some point but he currently doesn't possess the private keys to Satoshi coin stash otherwise he would have moved some already to prove his point. I don't know why he is going public with his claims though when he said he wanted to be left alone. Maybe it's some trivial reason or maybe it's some motive for personal gain in some way it's hard to tell right now.
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BCEmporium
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May 05, 2016, 10:16:54 AM |
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He doesn't need to move any coins. Bitcoin is a private key and it's "address" is a public key. Having this private and public key pair, an address can be used to sign a message.
Now... wouldn't it be strange enough that the supposedly creator of Bitcoin doesn't even know how it works?
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Embroiderymate
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May 05, 2016, 11:39:04 AM |
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Has he proved to have these coins or his he just saying this?
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Boosterious
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May 05, 2016, 11:39:55 AM |
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Well, he has 1 million coins.
i dont think,even he really have that amount of bitcoin,i think he will use that as investement and use that for bitcoin foundation.or maybe he would use that bitcoin for paying some hacker that can help him to create fake signed message ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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alyssa85
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May 05, 2016, 11:50:32 AM |
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Has he proved to have these coins or his he just saying this?
He said he will move the coins but hasn't yet. I'm pretty sure that all this is to do with him wanting to sell the coins. Think about it if you were in his place - say you needed money, and were sitting on a fortune in coins. Would you a) say "it's my destiny to struggle in poverty and not touch the coins, so that others may get rich thanks to the reduced supply" or b) "why struggle when I can sell those coins to sort out my problems"?
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amiryaqot
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May 05, 2016, 11:56:08 AM |
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Craig Steven Wight has no access to that coin which belongs to Satoshi's address, he is an liar person who just want some cheap publicity from media to get him in news, i don't think he can move that coins to another address because he has no involvement into creation of bitcoin.
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Za1n
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May 05, 2016, 11:59:43 AM |
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Has he proved to have these coins or his he just saying this?
He said he will move the coins but hasn't yet. I'm pretty sure that all this is to do with him wanting to sell the coins. Think about it if you were in his place - say you needed money, and were sitting on a fortune in coins. Would you a) say "it's my destiny to struggle in poverty and not touch the coins, so that others may get rich thanks to the reduced supply" or b) "why struggle when I can sell those coins to sort out my problems"? What would any of this have to do with him moving or selling any of the coins in private. Satoshi would not need to reveal himself to sell some of his stash. He could move a few thousand coins through a few mixers, exchanges, etc. to remove the ability to track his identity and sell them off slowly over time if he needed money.
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alyssa85
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May 05, 2016, 12:03:38 PM |
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Has he proved to have these coins or his he just saying this?
He said he will move the coins but hasn't yet. I'm pretty sure that all this is to do with him wanting to sell the coins. Think about it if you were in his place - say you needed money, and were sitting on a fortune in coins. Would you a) say "it's my destiny to struggle in poverty and not touch the coins, so that others may get rich thanks to the reduced supply" or b) "why struggle when I can sell those coins to sort out my problems"? What would any of this have to do with him moving or selling any of the coins in private. Satoshi would not need to reveal himself to sell some of his stash. He could move a few thousand coins through a few mixers, exchanges, etc. to remove the ability to track his identity and sell them off slowly over time if he needed money. Moving those initial coins would have sparked a huge sell off even if he used mixers - and that would have hurt him as well as everyone else. Pretty much everyone knows he owns the coins in the early blocks. Bitcoin is pseudonymous not anonymous. If you can match an early address with a person, you can track everything they do with those coins through the blockchain.
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Jasad
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May 05, 2016, 04:15:49 PM |
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Well, he has 1 million coins.
where you know the he has 1 milions coins?i dont think he have it. on bbc i dont see that,i dont see Craig tell us what will he do with his bitcoin,and i dont care about that,we know that news is not true,bbc have said that they also not believe that Craig is satoshi nakamoto.
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nanonymousx
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May 05, 2016, 10:57:09 PM |
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Well, he has 1 million coins.
where you know the he has 1 milions coins?i dont think he have it. on bbc i dont see that,i dont see Craig tell us what will he do with his bitcoin,and i dont care about that,we know that news is not true,bbc have said that they also not believe that Craig is satoshi nakamoto. Craig Wright doesn't have 1 mil coins, but Satoshi has 1 millions coins. And Craig Wrigh already publicly saying he is sorry, although I am not sure what he is sorry about.
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mkc (OP)
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May 05, 2016, 11:23:14 PM |
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There are many folks care more about coins, I guess if satoshi loses his private key to the first few blocks, he will not be able to prove himself. I think it is better this way, a legend remain a legend. A legend all alt coin inventor can look up to.
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Alley
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May 06, 2016, 02:04:24 AM |
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What coins? The 17 he bought from gox at $1198?
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fenican
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May 06, 2016, 02:20:08 AM |
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All 43 of them? Maybe he can buy himself a used PT Cruiser
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ebliever
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May 06, 2016, 02:20:38 AM |
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What coins? The 17 he bought from gox at $1198?
LOL, yup. The only coins Wright had went into the black hole when Gox folded. The irony...
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nanonymousx
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May 06, 2016, 05:27:13 AM |
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What coins? The 17 he bought from gox at $1198?
LOL, yup. The only coins Wright had went into the black hole when Gox folded. The irony... Most early adopter come out okay, maybe this Craig Wright is one of the unlucky one. He wishes he is S Bitcoin God
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Kakmakr
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May 06, 2016, 05:34:11 AM |
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He doesn't need to move any coins. Bitcoin is a private key and it's "address" is a public key. Having this private and public key pair, an address can be used to sign a message.
Now... wouldn't it be strange enough that the supposedly creator of Bitcoin doesn't even know how it works?
This is not the point behind the thread. We know he can sign a message, but what will he do with his coins once he decides to use them. I know I would make some bold statement if I was Satoshi. Burning some of them, to prove a point will satisfy a lot of investors and speculators needs. But, I will still keep about 50% for a rainy day. ^smile^
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Risackwpsp
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May 06, 2016, 06:38:08 AM |
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It doesn't matter because he is NOT satoshi.
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BCEmporium
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May 06, 2016, 08:54:30 PM |
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He doesn't need to move any coins. Bitcoin is a private key and it's "address" is a public key. Having this private and public key pair, an address can be used to sign a message.
Now... wouldn't it be strange enough that the supposedly creator of Bitcoin doesn't even know how it works?
This is not the point behind the thread. We know he can sign a message, but what will he do with his coins once he decides to use them. I know I would make some bold statement if I was Satoshi. Burning some of them, to prove a point will satisfy a lot of investors and speculators needs. But, I will still keep about 50% for a rainy day. ^smile^ That wasn't what he said! His excuse for not moving the coins is that would violate some shady trust agreement. Well... he doesn't need to move coins to prove ownership of an address.
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Klestin
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May 06, 2016, 09:20:18 PM |
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According to Craig Wright
"For some there is no burden of proof high enough, no evidence that cannot be dismissed as fabrication or manipulation... You should be sceptical. You should question. I would. I will present what I believe to be 'extraordinary proof' and ask only that it be independently verified. Ultimately, I can do no more than that." Um, no CW, all you have to do is sign a message with a private key known to be owned by Satoshi (take your pick, there are several). This doesn't require in-person meetings. It doesn't require special clean laptops purchased down the street. It doesn't require clean flash drives, SSL connections, or tarot readings. Just sign a simple message and be done with it. Here's a thought - sign the top headline from yesterday's NY Times. Verifiable proof is not difficult to design. It is not difficult to verify. It is not difficult to create, unless of course you are not Satoshi and do not have access to any of his private keys.
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