Satoshi has how many Bitcoins?

[ThePanCakeKid95]

that's true, or it could be the wallet was encrypted and the fbi honestly has no way to get to the funds and as a result the coins basically die

[ThePanCakeKid95]

yea your right there are a lot of possibilities, personally I'd love to know what they did with them :/

[nowise]

I mined early on as well.  Was generating 50btc every other day on a macbook pro in late 2009, and expanded with a dedicated video card setup a little too late.  I've seen all the ups and downs.  I have also spent many coins in the past to acquire things for my life that helped it improve.  I still have some, and I carry no regrets about decisions of the past in selling (I'm talking about selling lots at $3 each).  When I started they where worth $0.15 each.

There was an article that a wheel chair bound comp sci professor wrote that was published in maybe Wired?!?! <-- help would be nice

He went on about working with Santoshi early on and taking part in the startup of the block chain (it was restarted quite a few times because of bugs etc.), he contributed code and was there when it went it took off.  He said he's left all his early coins in trust to his kids.  He said that he never met Santoshi but communicated with him via email often.

I think the estimates for what he holds land around 40% of current and 15% of future total (or more).


peace

[ThePanCakeKid95]

wow that very incredible, thank you also for sharing your story, I love hearing things like this, and that's crazy about the computer science professor, I would love to know his name too

[ThePanCakeKid95]

Also could you expand on what you mean by the blockchain was restarted?

[nowise]

Also could you expand on what you mean by the blockchain was restarted?

The first time you write a program, maybe, "hello world," it never works the first time you run it... it needs some tweaking!  Same thing with building a server/client based protocol.  The first few times it runs, it isn't right.  So you change it, and it works better, until it doesn't.  Then you change it again and start it back up... eventually it works good enough that it can be set sailed into the public... to be improved more.

Ask more detailed questions if you want more detailed answers.

[bryant.coleman]

1) Ulbricht might have made a deal to transfer the coins into some sort of escrow (perhaps a split-key controlled by the FBI and his lawyer).

Ullbricht is still claiming that he is not the real DPR. So why he should make a deal to transfer the DPR Bitcoins?

[Syke]

There is no BTC wallet with 980K coins. The richest wallet contains 144,341 BTCs and is tagged as DPR Seized Coins.

You don't know that. Wallets can contain any number of keys, and you would have no way of knowing how many coins are in it.

[Jaagu]

wow that very incredible, thank you also for sharing your story, I love hearing things like this, and that's crazy about the computer science professor, I would love to know his name too

Read from here:
Bitcoin and me (Hal Finney)

[ThePanCakeKid95]

Yes, I would love to know way more and in more depth about how the block chain was tested and then retested and then finally we get to the one present today

[ThePanCakeKid95]

anyone have stories about satoshi?

[bryant.coleman]

Why do you assume that the bitcoins are "the DPR Bitcoins"?

It's not me who is assuming. It is already flagged as "DPR seized wallet", which means that the BTC community think it is indeed the DPR wallet.

[Cryddit]

I remember talking with him in email when he announced stuff to the crypto list way back in the way back.  He was very intense, in a way you started to realize only slowly.  If you explained a problem, he'd shut up and listen, then work night and day to fix it.  If you *told* him there was a problem, but didn't explain it, he'd badger you until you broke it down and made it exactly clear what you were on about.  Then you wouldn't hear 'boo' from him until it was fixed.  

Sometimes I remember thinking he didn't ever sleep if there was work to be done on the code; he didn't seem to have anything like a schedule other than 24/7 when working on code -- he was as likely to be online at any hour of the day or night as at any other, but wouldn't stay in contact for more than about 30 seconds.  But if there wasn't work to do on code (or if he was talking about the code or trying to get feedback) he seemed most active early in the morning (US/Pacific time). I have no idea if that was 'morning' wherever he was.

I have source code for the original Bitcoin client and miner, from November 2008.  in a RAR archive, if you can believe it.  RAR is obscure now.  Hell, it was obscure in 2008.  Nobody but an olde-skool dyed-in-the-wool download geek from way back in the 1980s would be all that likely to use it, and the number of people who'd even heard of it was dwindling fast by that point.

No RPC, no UPNP, no QT, barely any use of Boost.  It's just two files of C++ code.

I can confirm that the blockchain restarted several times while the kinks were getting worked out. The original code  has a different 'genesis block' hash.

[ThePanCakeKid95]

wow that is so incredible, it must be awesome to know you got to send him emails I wonder if he's reading these very messages about us talking about him :0 but again thank you it was a very interesting story to read about and you gave some perspective as to the fact he must be at least around 30 or older if he was using a rare obscure file format like that 

[Cryddit]

No.  The chain that started on January 9 2009 is the chain that is still active.

But there were several blockchains that started on earlier dates with different Genesis Blocks, in November and December of 2008 - each of which ended when it became clear that the protocol needed a fix and the fix couldn't happen leaving the early blocks valid.

This is why we have a 'testnet' now.  

[ThePanCakeKid95]

yea me too, I'm also very very curious !!

[Cryddit]

I only ever saw it in email, on three different cryptography lists.  Metzdowd, Cypherpunks, and one that's no longer funct. I heard that some people talked to him on IRC a few times but I never did.

[ThePanCakeKid95]

that's crazy, it really just expands the whole mystery of satoshi

[bryant.coleman]

Yes, "the BTC community", whatever that means, has jumped to the conclusion that Ulbricht = DPR, essentially just on the fact that the FBI has alleged this. I don't consider that to have been proven yet, though.

But the FBI also seized falsified identification documents from him (such as driver's license and SSN). Do you still believe that DPR is someone other than Ulbricht?

[Dafar]

Prediction: In 2014 or 2015... Satoshi cashes out all of his bitcoins, making him the world's first trillionaire driving the price of BTCs back to single digits