Satoshi's now has 600- 700k bitcoins?

[Koko1200]

It has often been reported that the creator of bitcoin - Satoshi Nakamoto- has at least a million bitcoins, that could spark a lot of market distortions should those coins ever move from their wallets, but recent report by Bitmex's research team suggest figures 30 percent lower. 600 - 700k bitcoins
What do you think? Any significant difference?



Reference: https://news.bitcoin.com/satoshis-1-million-bitcoin-haul-could-be-smaller-than-first-thought/

This is of course awesome bad knowing who he is from the rumours I think that he actually don't need it, just imagine for somebody like him to have so insanely big money amount.

[dothebeats]

It doesn't matter at this point in time, though I must say that 600-700k bitcoins can still drown the whole market if ever Satoshi wanted to dump, or even move his coins whatsoever. I don't really see him utilizing those coins seeing that he hasn't even appeared on any forums, blogs, mailing list whatsoever in the web. Even if he has that many coins, it would be pretty useless assuming he can't and won't move it. The amount of bitcoin the creator has is just, IMO, a sensationalized part of what was that cannot be altered given that Satoshi himself don't even want to get involved on his magnum opus.

[BitcoinHodler]

More certainty could only come when coins get spent..

the only way you can become certain of how much he owns is that if Satoshi creates 1 transaction including all the outputs and spend all of them. otherwise spending from different keys at different times doesn't prove anything. it can still be 100 different people who had nothing to do with Satoshi but mined early blocks spending their coins.

[Perkovic]

I do not know who to believe but the fact that Satoshi is simply a colossal state is a fact

[fairytale]

that was a great numbers of bitcoin if Satoshi has it.This may result to the empowerment of satoshi that can be bought anything he wants.This makes Satoshi able to regain the handling of the manufacturers locally and globally.

[burky156]

No one knows howmany bitcoin Satoshi Nakamoto has, but if you are saying right, let me calculate (!) it makes more than $4.5 billion.. This is huge money, i would scare if i have that much cash.. And he never makes statements about anything or seen anywhere. I know lots of people who doesn't believe that he is exist!

[messito]

I do not know 600-700 thousand of them from him or a million, but I can say for sure that this is a very large amount on the account

[kniheant]

no one knows that,satoshi created bitcoin bit it 's so hard to say he has 600k bitcoin.

[InformerKin]

I've read an article lately about 10 biggest owners of BTC and Satoshi with number one had over 1 million coins. How do they measure it is out of my understanding though.

[Zalaster]

If this is true, then Satoshi Nakamoto will not use these coins to damage Bitcoin. This is unreasonable. He created Bitcoin, and he's the last person to hurt him.

[Ucy]

This all speculation though. It could be much less than that by the way. There is absolutely no proof he owns that much Bitcoins. He deserves it though if he indeed does own them. He took alot of risk. Plus very few people have that level of self control and discipline.


It is a mystery why all the old coins have remained unmoved.
He probably lost/destroyed his privatejkeys or currently under house arrest ?

[LimePleasant]

Now imagine he decides to sell all his Bitcoins. This would damage the market very seriously especially with the capitalisation we have at the moment wich is still very low.

[Kekenapep]

But satoshi nakatomo is anonymous,now how did you guys come about all this figures,this is all speculations and in my candid opinion;shouldnt be taken seriously.

[cpoer2011]

I don't know where the number came from that Satoshi's has 600K-700K Bitcoin on his wallet instead 1M Bitcoin just like reported before. But, I think it doesn't matter because we don't know who Satoshi is. Is he a single person or any person. Now I'm just thinking about my bitcoin.

[gentlemand]

At the original block reward you got 7200 coins a day. That's only 100 days of unbroken mining by Satoshi to get 720,000 coins which would only take you up to early April 2009. There would've been dabblers, Hal Finney being the first of course, but there were points where outside interest was nil.

Both the original and Bitmex estimates feel plausible. The exact figure is kind of academic. It's enormous no matter what.

[TheArchaeologist]

At the original block reward you got 7200 coins a day.

In the beginning the average time for finding a block was over 10 minutes. Since the difficulty was it 1 it couldn't be dialed back. Your calculation of early April is about 6 weeks off since block 14400 (6*24*100) was mined on May 14 2009.

But I agree it's still a lot of coins

[Donationcoin]

It is good to have, but in my opinion Satoshi is not the regular person, and for him it is not the same as for me in example, because I would be using it, while he is just holding.

[giantrobot]

Of course, Bitcoin is the spirit child of Satoshi, surely he will not ruin it. As far as he owns Bitcoins, it does not affect the price of Bitcoin today, because there are so many Bitcoins in the world. To think more positively, Satoshi is the founder of Bitcoin, so he lets himself and some descendants be obvious.

[boboshrish]

I think mr satoshi have more then 600-700k bitcoins. May b he is the reachest person of the world.

[Ava Duvall]

In any case, this is a huge number of BTC that can affect the market, plus to this it has in the same amount all hard forks bitcoin

Of course it can affect the market , it would be massive. But I believe he has even more