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Author Topic: Coins of Satoshi  (Read 3900 times)
Seville
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May 24, 2017, 11:57:58 AM
 #21

better just leave his coins alone.. he can do whatever he wants with them  Grin
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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minime
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May 28, 2017, 05:20:43 AM
Last edit: May 28, 2017, 05:49:22 AM by minime
 #22

Get Satoshi’s coins in possession of a group of trusted community members (with an hard fork).

Multi signature required for actions from this pool of valuable internet money.

As per todays economical data this group would have access to more than 1 Billion USD in BTC.
it would kill bitcoin, lots of people have faith in him, if he would start selling or you would fork him out i think people will lose their faith in btc and you would see penny price faster than you think. he is the central bank of btc or an authority with would come close to cantral banks with fiat money

i also think you should be thankfull to him for the rest of your life, he gave you the opportunity to make a fortune in bitcoin. instead you come up eith ideas like this
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May 28, 2017, 05:51:53 AM
 #23

I do not agree ... but I respect your opinion
if he comes out send a view btc the btc world would go crasy, if he put all his bitcoins for sale prices will tumble you should see his coins as a fort knox of btc
but ya my opinion
1hs0t4s (OP)
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May 28, 2017, 09:30:40 PM
 #24

What if he never comes back? We could agree on a date, about 80 years from now(?), on which we give certain parties access to the never touched coins.
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May 29, 2017, 01:15:37 PM
 #25

What if he never comes back?

I have no problem with that. In fact this would be the best solution.

We could agree on a date, about 80 years from now(?), on which we give certain parties access to the never touched coins.

I will never agree to allow "certain parties" to steal BTC.
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May 29, 2017, 03:44:01 PM
 #26

What if he never comes back? We could agree on a date, about 80 years from now(?), on which we give certain parties access to the never touched coins.

What if he returns 150 years from now? Why do you think it is okay to steal?
BlindMayorBitcorn
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May 29, 2017, 04:47:29 PM
 #27

I'm hesitant to contribute nothing to an argument that's already been beaten to death. But if I remember rightly there was a Theymos thread about the possibility that, if the cryptography were ever broken and those coins were in danger, something would have to be done about it. It was controversial. I don't think a consensus was reached and I can't find the thread.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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May 29, 2017, 10:42:05 PM
 #28

I'm hesitant to contribute nothing to an argument that's already been beaten to death. But if I remember rightly there was a Theymos thread about the possibility that, if the cryptography were ever broken and those coins were in danger, something would have to be done about it. It was controversial. I don't think a consensus was reached and I can't find the thread.

IF that coins is in danger ... pls rise DEF CON signal 1

ed; add 'signal'

Patent1number: ****-****
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May 31, 2017, 03:21:11 AM
 #29

Get Satoshi’s coins in possession of a group of trusted community members (with an hard fork).

Multi signature required for actions from this pool of valuable internet money.

As per todays economical data this group would have access to more than 1 Billion USD in BTC.

The problem with that is that you would make more money by not doing that. Bitcoin prices are going to go higher and higher, think 10,000+ USD or more at some point within next 10 years.

More people will use BTC and demand will be greater = wayyyy higher price. In the end it would be more worth it for miners to continue mining and not try to do any kind of hard fork to steal other peoples coins(which I am not even sure it is possible).
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June 06, 2017, 11:46:34 AM
 #30

I'm hesitant to contribute nothing to an argument that's already been beaten to death. But if I remember rightly there was a Theymos thread about the possibility that, if the cryptography were ever broken and those coins were in danger, something would have to be done about it. It was controversial. I don't think a consensus was reached and I can't find the thread.

https://news.bitcoin.com/theymos-bitcoins-satoshi-destroyed/

Bitcoin is not a bubble, it's the pin!
+++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
MostHigh
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June 07, 2017, 08:40:22 PM
 #31

Outrageous. I think you dont understand bitcoin at sll
David Rabahy
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June 07, 2017, 08:56:22 PM
 #32

Thank you Satoshi; we haven't heard from you in awhile so we thought we would take control of some bitcoins that might be yours; hope you don't mind; we will give them back if you return; honest.

Nope; bad idea.
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