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Author Topic: Did Satoshi cash out 77,624 BTC?  (Read 9415 times)
imfed (OP)
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October 15, 2013, 09:39:53 PM
 #1

We know from our history lessons that Satoshi mined the genesis block on 2009-01-03 at 18:15:05. As the most blockes mined within the first month the 50 BTC reward was never moved. (Most of the 500,000 BTC that were mined before May 2009 have never left their first destination address.)
http://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b

Then on 2009-01-13 at 18:20:08 - the blockchain was exactly 10 days old - 50 coins where mined that were sent three days later to another wallet.
from http://blockchain.info/address/18KrJNtPVu6LWRNPQReqF29iFm7vDhirMk
to http://blockchain.info/address/12higDjoCCNXSA95xZMWUdPvXNmkAduhWv

The destination address '12hig' is very interesting. It received 77,624 BTC until 2011-06-04 and then started to cash out all his BTC that were worth about 1,7 million USD beginning from 2011-06-05 until the end of the month. Exciting days for the Bitcoin community. The BTC price rose from the 2nd to 8th of June from 11 to 30 USD and then fell to 13 USD a few days later.
http://bitcoincharts.com/charts/mtgoxUSD#rg1460zczsg2011-05-01zeg2011-08-01ztgSzm1g10zm2g25zv

To cash out Satoshi (or an other person who mined Bitcoin in the first 10 days of its existence) used #bitcoin-otc and verified his address '12hig' there.
http://bitcoin-otc.com/viewgpg.php?nick=I}ruid

Funfact (or a hint that this user was admin of bitcoin-otc): User I}ruid as the User Id 1337  Smiley

What do you think? Have these people traded with Satoshi? Do they know his fiat bank account?
http://bitcoin-otc.com/viewratingdetail.php?nick=I}ruid&sign=ANY&type=RECV

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October 15, 2013, 09:42:53 PM
 #2

I remember Satoshi sent 10BTC to Hal Finney to test the transaction system, perhaps you are referring to that user?

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
imfed (OP)
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October 15, 2013, 09:55:49 PM
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I remember Satoshi sent 10BTC to Hal Finney to test the transaction system, perhaps you are referring to that user?

This is the transaction to Hal Finney (the first transaction ever) on 2009-01-12 03:30:25
http://blockchain.info/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3

Hal Finney sent the 10 BTC on 2010-11-16 to another address that is still active. There are no connections between '12hig' and Hal Finney's addresses.

If it's not Satoshi, then somebody who started mining one day after Satoshi tested the transaction system the first time.
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October 15, 2013, 09:57:55 PM
Last edit: October 15, 2013, 10:15:54 PM by TippingPoint
 #4

And this..
http://bitcoin-otc.com/viewratingdetail.php?nick=I}ruid&sign=ANY&type=RECV

Quote
I know this guy personally. Super professional and will take great care of you.

Quote
I}ruid is the President of Lone Star Bitcoin Exchange

Dustin D. Trammell a.k.a. I)ruid
https://bitcointalk.org/donate.html

(not Satoshi)
dustintrammell
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October 15, 2013, 11:05:16 PM
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Correct, I am not Satoshi.  I did however work with him via email on the first few versions of the client, testing and reporting bugs and suggesting additional features.

Dustin D. Trammell
Twitter: @druidian
PGP: E0DC F55C 9386 1691 A67F FB18 F6D9 5E52 FDA6 6E16
Raoul Duke
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October 16, 2013, 10:44:52 AM
 #6

Why would this be important?

The neverending Quest4SatoshiTM... Roll Eyes
adamas
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October 16, 2013, 11:02:41 AM
 #7

Correct, I am not Satoshi.  I did however work with him via email on the first few versions of the client, testing and reporting bugs and suggesting additional features.
  Props to you  Smiley Cool

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allthingsluxury
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October 16, 2013, 03:58:37 PM
 #8

Why would this be important?

The neverending Quest4SatoshiTM... Roll Eyes

lol

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October 16, 2013, 07:38:36 PM
 #9


Correct, I am not Satoshi.  I did however work with him via email on the first few versions of the client, testing and reporting bugs and suggesting additional features.

Ah! The Church of Satoshi and Latter day coins will remember you as a saint and canonise you. Be one with the block chain. Blessed be thy blockchain.

:-)

more or less retired.
Joe_Bauers
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October 16, 2013, 08:18:03 PM
 #10

I am Satoshi!  Please send many of your Bitcoins to 1MWPQRCEnJZn27SVETyHNKrPWMjiDgr8aw in tribute as I would like to purchase a new Llama.
vitalemontea
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October 16, 2013, 08:23:01 PM
 #11

I am Satoshi!  Please send many of your Bitcoins to 1MWPQRCEnJZn27SVETyHNKrPWMjiDgr8aw in tribute as I would like to purchase a new Llama.
Now that you have said that you are Satoshi, we can rule you out from search
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October 17, 2013, 12:25:28 AM
 #12

I am Satoshi!  Please send many of your Bitcoins to 1MWPQRCEnJZn27SVETyHNKrPWMjiDgr8aw in tribute as I would like to purchase a new Llama.
Now that you have said that you are Satoshi, we can rule you out from search
but what if he was thinking that we would rule him out if he said that, so he said it intentionally  Shocked

Exactly!  Cool

P.S. I want to buy my Llama a Tesla, so please update your generosity accordingly.
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October 18, 2013, 07:11:38 AM
 #13

If it's not Satoshi, then somebody who started mining one day after Satoshi tested the transaction system the first time.

It's Maria.
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