Satoshi Nakamoto's stack

[dothebeats]

its spread out amungst many thousands of addresses
pretty much the first 144 blocks on day one of bitcoin  95% sure that majority of them coins (7200coins spread over 144 addresses) are satoshis.
yes each block  different address of about 50 btc each 144 blocks each day adds upto to thousands of addresses

in the first couple weeks id say 90% are satoshi's. the first month 40% are satoshis first couple months 20% are satoshis
by the end of the first year under 5% are satoshi's but all of those addresses thousands of addresses have ~50 btc on them each.

It is safe to assume that 90%> of the coins mined on the first month is from satoshi alone, knowing that him and Hal were the first ones who worked on the project. I've read something in this forum a year or so ago about some estimates of the total coins Satoshi has on all of his wallets: 1.4 million bitcoins are from him, spread amongst thousands of addresses from the first year of bitcoin's existence. I do believe that most of these coins are already lost in the void unless Satoshi really plans on doing some things for them in the future and kept the private keys safely. In today's pricing, that would be a whooping $2.14B or more, which is not too bad for his magnum opus.

[Russlenat]

its spread out amungst many thousands of addresses
pretty much the first 144 blocks on day one of bitcoin  95% sure that majority of them coins (7200coins spread over 144 addresses) are satoshis.
yes each block  different address of about 50 btc each 144 blocks each day adds upto to thousands of addresses

in the first couple weeks id say 90% are satoshi's. the first month 40% are satoshis first couple months 20% are satoshis
by the end of the first year under 5% are satoshi's but all of those addresses thousands of addresses have ~50 btc on them each.

It is safe to assume that 90%> of the coins mined on the first month is from satoshi alone, knowing that him and Hal were the first ones who worked on the project. I've read something in this forum a year or so ago about some estimates of the total coins Satoshi has on all of his wallets: 1.4 million bitcoins are from him, spread amongst thousands of addresses from the first year of bitcoin's existence. I do believe that most of these coins are already lost in the void unless Satoshi really plans on doing some things for them in the future and kept the private keys safely. In today's pricing, that would be a whooping $2.14B or more, which is not too bad for his magnum opus.

I think that only Satoshi know where is his all bitcoin go now. He did this on purposely and anonymously that he only knows. His the creator of bitcoin and he can do all of this.

[vit05]

People only talk about that first transfer to Hal, or some dust to Gary. But is there not others until he disappears? Didn't nobody else send more coins to him just to test?

[Tanaka Osato]

If someone was sitting on 2 billion dollars, I find it hard to believe they would not be tempted to get some of it out, unless they were:

1) Super rich already
2) Dead
3) In prison

[blacklig]

If someone was sitting on 2 billion dollars, I find it hard to believe they would not be tempted to get some of it out, unless they were:

1) Super rich already
2) Dead
3) In prison

There might be also another reasons like he wrote into his testament private keys for his inheritors and until then he is not touching it.

Or he might just want to continue his ordinary life without thinking of the value of "his" bitcoins, it would ruin his life owning such huge amount of money

[fossilized]

Speculation of Satoshi is always an interesting read I always wonder why if he was a single person, why wouldnt he not come out to claim the credit of bitcoin's founder. All the reasons of "he doesn't want to be hack/draw attention" doesn't really hold water in this day and age. Whatever it is, I hope he is alive and living in the free world to enjoy the fruits of his labour. He truly started something that has grown bigger than he had ever imagined.

[Doctor.Strange]

Speculation of Satoshi is always an interesting read I always wonder why if he was a single person, why wouldnt he not come out to claim the credit of bitcoin's founder. All the reasons of "he doesn't want to be hack/draw attention" doesn't really hold water in this day and age. Whatever it is, I hope he is alive and living in the free world to enjoy the fruits of his labour. He truly started something that has grown bigger than he had ever imagined.

Satoshi wasn't a person actually, this is the name of that team which created bitcoin.

[mevmike]

it is possible that someone could really hold that huge amount of bitcoin....
but if ever it is indeed true i don't he will put all of it in a single address...
he must have it separated on different addresses in order to avoid being to obvious...
this person must also be a true believer of bitcoin's ideology for him to hold it that long...

[8270thNinja]

but the question is where are those coins now?

lots of addresses

ok. here goes go to
https://blockchain.info/block-height/1
click the hash
and you will see
No Inputs (Newly Generated Coins) ->
if the address after -> has an (unspent).. then its still on that address..

then
go to
https://blockchain.info/block-height/2
click the hash
and you will see
No Inputs (Newly Generated Coins) ->
if the address after -> has an (unspent).. then its still on that address..

repeat that by changing the block-height
there will be upto 52000 blocks you can manually go through that could be his

like i and others said. the coins are spread out over THOUSANDS of addresses

Thank you for this , and you are right, the coins were spread over thousands of addresses and the coins is still their on their wallet, maybe if that would be computed it will be over  1 million bitcoins.

[8270thNinja]

it is possible that someone could really hold that huge amount of bitcoin....
but if ever it is indeed true i don't he will put all of it in a single address...
he must have it separated on different addresses in order to avoid being to obvious...
this person must also be a true believer of bitcoin's ideology for him to hold it that long...

the coins were spread out over different addresses which i think it is satoshi's coins but i am not really sure but we can conclude that it his coins thoufh since it was the early stages of bitcoin, if we all add up those bitcoin i think it would go over beyond 1 million bitcoins.

[coinits]

its spread out amungst many thousands of addresses
pretty much the first 144 blocks on day one of bitcoin  95% sure that majority of them coins (7200coins spread over 144 addresses) are satoshis.
yes each block  different address of about 50 btc each 144 blocks each day adds upto to thousands of addresses

in the first couple weeks id say 90% are satoshi's. the first month 40% are satoshis first couple months 20% are satoshis
by the end of the first year under 5% are satoshi's but all of those addresses thousands of addresses have ~50 btc on them each.

It is safe to assume that 90%> of the coins mined on the first month is from satoshi alone, knowing that him and Hal were the first ones who worked on the project. I've read something in this forum a year or so ago about some estimates of the total coins Satoshi has on all of his wallets: 1.4 million bitcoins are from him, spread amongst thousands of addresses from the first year of bitcoin's existence. I do believe that most of these coins are already lost in the void unless Satoshi really plans on doing some things for them in the future and kept the private keys safely. In today's pricing, that would be a whooping $2.14B or more, which is not too bad for his magnum opus.

I think that Hal was Satoshi.

[bobq]

And satoshi don't like to crash bitcoin economy due to his greed.

There are many different logical possibilities, but the most obvious ones are these, to me:

A) Satoshi is a person
- he's dead and his heirs didn't know who he was
- he believes in bitcoin taking over the world's economy ; then it would be silly to sell his coins for a billion, when he can get a trillion and be "master of the world"
- he would have liked to sell them, but he doesn't know how to do so without giving up his anonymity: for sure, the exchange on which he sells the coins will know who he is, or to what bank account he withdraws.  He was already pretty paranoid in the old days.
- he didn't bother to keep the private keys ( <-- cannot believe this)
- he never had the keys himself, because he was working for someone.

B) this last point brings us to: Satoshi is an organisation.  In fact, the points are similar
- the association doesn't exist any more (for instance, the keys were in escrow, and the different signees don't agree to get together any more/are dead/are in prison /....)
- they are waiting for bitcoin to take over the world economy at which point they own a big part of it and will be the rulers of the world
- they don't know how to cash out without getting caught/found out
- on purpose, they didn't keep the keys, because they wanted to establish a system that would modify the economy/finance
- they were a group, doing this in command of a higher entity (a state, a rich family, a terrorist organisation, ...)

I would rule out B) in it's entirety. It's simply impossible that an organization remains coordinated enough that after 8 years there isn't a single leak of who or what satoshi was, and none of the members of the organization have moved a single coin.

My take is that A) satoshi was a single entity, and this entity either died or somehow lost his coins. Even if he believed in his creating 100% and knew BTC was going to be worth $1,000,000 each in 10 years, he would be too tempted to cash out some of them just in case. So unless he was already a multimillionaire and didn't care, it doesn't make much sense.

So either dead, or lost keys for me.

I wasn't giving my personal opinion, but rather all the logically not totally implausible possibilities, from which we can then try to eliminate branches that are too much in disagreement with what is factually known.  I'm not entirely excluding "organization" however, because this may indeed be an explanation why the coins never moved: no single entity HAS the keys.  I agree with you that it cannot be a LARGE entity.  But 5 people or so, why not ?  5 people that are sworn together to become the rulers of the world and have the means to kill one another if ever someone fails ?   After all, how big is something like the Equation group ?  (I'm not suggesting they are the same, but of similar constitution).

That said, there is indeed no need for this to be a group: the work and the quality of the work are perfectly "deliverable" by a single relatively smart and competent person after all.

I'm also not entirely convinced of the idea that they will never move.  After all, you don't do all that work if you think it is shit, and will go nowhere.  You don't break your head to have cryptographic protection for centuries, if you think it will be forgotten 10 years from now.  As this stuff is perfectly designed to be a speculative asset with a price that "goes moon", and you think that this thing will take 20-30 years to go mainstream, why on earth would you expose yourself to being tracked earlier, if you can be the master of the world 10-20 years later ?  If you bet a coin will be of the order of a few million $ of today's worth, why on earth would you cash out on a measly exchange when it is thousand times below its value, and you expose your identity when it is not yet powerful enough to keep it safe at that moment.

I do not exclude that bitcoin is one of the biggest financial hold-ups in history, or at least, an attempt to it.  In fact, the potential to financial hold up is larger than anything that has ever been achieved by armies and politics: no single person has ever held 5% or more of the total financial system.  If the delusional dream of bitcoin comes true, namely, replacing the financial system, we have an entity that has more than 5% of the total system in hands and is entirely unknown.  Personally, I don't believe in it overtaking the financial system, but that was clearly not the PoV of the creator of the system.  So it looks to me like a perfectly logical explanation of why none of these coins have moved: they are waiting to rule the world.

It is this last potential aspect that makes me think rather of a group.  Why would an individual be interested in "ruling the world 20-30 years from now" ?  You can be dead.  You will be old (unless you are very young when you made it).  What's the point ?  However, an organisation with some "destiny", that's something else.  This is why I don't exclude the possibility of it being a group, even though the communications by Satoshi really sound like if he was just a dude in his basement.

Guys, you have forgotten you consider one further option: that "the organization" having started the bitcoin project may in fact be a state's agency. Which in this case would disclose and entirely different set of options.

[Crypdon]

Perhaps someone stole Satoshi's computer or it was hit by a virus. Private keys lost forever and a millions bitcoins with it. Or perhaps s/he is waiting for it to be worth $1m each before cashing in!

[Ucy]

So the 1Million Bitcoin people claimed Satoshi owned was just speculation? Even the media write like they are certain he owns a million coins. Where are the "mays" "mights" "maybes"  English teachers taught us to use when we are not sure of things?

[pugman]

Hi Bitcoiners! i heard that Satoshi Nakamoto has more than 1M Bitcoins, and i became really curious to see the wallet with all those bitcoins! so i did some research and i couldn't find any info on which are the wallet adresses that hold such bitcoins, in fact i found out that the most bitcoins held in a wallet right now is about 300k bitcoins held by the FBI or some shit... so i would like to ask the community where is the address that holds such amount of bitcoins and what info we've got about what satoshi did with his coins, did he sold them? does he still have them? where are they? thanks for your help!
Love from Colombia <3

Satoshi is one of the smartest person in the planet and a very few people know about his identity and I remember that theymos once said that board number 2/3 which is not for normal users had deleted by satoshi because he had put in some of his details and when he left, he made sure he didn't leave anything behind. And what will you do by knowing how many coins satoshi or anyone else has? Don't you anything else to do in life?

[Virtual miner]

They 100% for sure aren't all in one wallet and nobody knows which coins are his. It's something you can speculate on but there will never be a solid answer. I honestly think the 1Million is a made up number based on nothing.

Surely it might not be accurate but the founder of such a currency must have enough faith on his invention to hold 1m of its pieces. Who knows who is this nakamoto? May be he is even richer than bill gates or may be he did not have enough faith on his invention and did mot hold it.

[coinits]

Guys, you have forgotten you consider one further option: that "the organization" having started the bitcoin project may in fact be a state's agency. Which in this case would disclose and entirely different set of options.

I say that Satoshshi and Hal Finney were one in the same https://bitcointalk.org/index.php?topic=155054.0

But here is another theory:

Bitcoin Was Created By DARPA

There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks.

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale.. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA.
https://www.nacha.org/about https://www.slideshare.net/Earthport/nacha-payments-2013-complementary-paths-to-global-ach-earthport-federal-reserve-financial-services-hsbc

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

https://bitcointalk.org/index.php?topic=173715.0

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this.

Source from a conspiracy site:
http://www.godlikeproductions.com/forum1/message2417375/pg1

[OptimistPrime31]

but the question is where are those coins now?

lots of addresses

ok. here goes go to
https://blockchain.info/block-height/1
click the hash
and you will see
No Inputs (Newly Generated Coins) ->
if the address after -> has an (unspent).. then its still on that address..

then
go to
https://blockchain.info/block-height/2
click the hash
and you will see
No Inputs (Newly Generated Coins) ->
if the address after -> has an (unspent).. then its still on that address..

repeat that by changing the block-height
there will be upto 52000 blocks you can manually go through that could be his

like i and others said. the coins are spread out over THOUSANDS of addresses

The exact number is 99999 addresses (times 50 bitcoins in each). Do the math.
https://blockchain.info/block-height/99999

The 100000th block is the first one with different number of bitcoins.
https://blockchain.info/block-height/100000

Pick any number from 1 to 99999 and it's all 50 BTC in each one. So, Satoshi actually has/have about 5 million bitcoins

[GodMode]

Satoshi Nakamoto is time traveller or travellers. Everything is simple: steal or create time machine in the future, go back in time, create "Bitcoin", mine big stack of it, put everything in cold storage (etc: encoding into stone). Go back to your time again, find that stone, decode it and make the World better place to live ;DDD

[Jcabudx]

~ i found out that the most bitcoins held in a wallet right now is about 300k bitcoins held by the FBI or some shit... ~

i am very curious to know what exactly did you search for, that you missed all the miners with LOTS of bitcoin, all these services, exchanges, web wallets that have huge amounts of bitcoin and instead found a wallet belonging to FBI containing 300K. and can you share that wallet with us too.

looking forward to seeing this wallet...

Yes what did you search and you see that FBI that has 300k in his bitcoin wallet. Can you share that to us and let us see what you see. Put some link as a proof of your research. I want to explore too and see who holds the most amount of bitcoin.