What If Satoshi Actually Lost His Private Keys

[Odonko]

I don't think so, Satoshi is the mastermind behind the blockchain technololgy and it's too smart that he would back up his private keys. I think the reason why he has not yet moved any of his cryptocurrencies is because that is one way of keeping the bitcoin community strong and letting us know that he still believes in his technology and also to prevent others from thinking that he is going to dump his bitcoins on the entire market.

[nicecrypto]

Well that will be too bad if he actually lost his private key, i mean all the btc locked in those wallet will forever remain lost because a genius like nakomoto couldn't keep his keys safe
i hope not, because that will really be messed up not to mention a huge waste of btc to the trash, what good are btc that can't be access in a wallet

[BitHodler]

So, even in case Satoshi lost his Bitcoin keys, he'd still be able to use some of his old accounts or PGP keys to prove his identity. And this is why I don't believe any claims that don't have any legit evidence whatsoever, literally anyone can say "I'm Satoshi and I lost my keys".

Unfortunately, news outlets as hungry for clicks and views as they are, they will continue to report about people who claim to be satoshi but aren't in reality. News outlets know that too, they just use it as an opportunity to create content.

And then we have crypto related social media influencers who create podcast style videos on YouTube where they read news articles. This makes fake satoshis gain even more exposure, which is exactly what they are after.

So far it has always paid off to pretend to be satoshi and I can't see it change due to what I wrote above. At the end of the day, we talking about it here is a form of exposure too, and this has helped Craig Wright gain a lot more followers.

[Vishnu.Reang]

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Accounts registered to this forum are being hacked every now and then. I have heard of 2-3 such incidents, with the first one occurring in 2011. So I won't trust if someone logs in with the Satoshi account and makes a post here. If Theymos personally confirms that the post was made by Satoshi, then it is OK. If not, I will just ignore the post.

[btctousd81]

 If Satoshi Actually Lost His Private Keys , then those 980k btc are lost forever or until someone breaks bitcoin encryption.

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

but  cant tell what his vision is.

[pakhitheboss]

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

I doubt he will lose his private key.

Since you are asking a hypothetical question, then let me assume if he looses his private key I will still not believe him if by anyways he is able to login to his BTT account. There only one way and that is through the private key.

I doubt he will lose it after all he is the creator of Bitcoin.. 

[dkbit98]

I don't know about Satoshi keys,
but I am getting sick and tired of clown Craig Wrong
as he is again active claiming he wrote WP
https://www.coindesk.com/craig-wright-again-claims-authorship-of-bitcoin-white-paper

I don't know if he is a mental patient, lunatic or super greedy are all together.

Please prove me Wrong and reveal your keys...

[barbara44]

If Satoshi Actually Lost His Private Keys , then those 980k btc are lost forever or until someone breaks bitcoin encryption.

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

but  cant tell what his vision is.

If it was easy to break crypto encryption, I am sure that by now, the government  US would have hired the best hand to do so, but unfortunately, it seems like it is some that I a little bit going to be difficult and if there is any chance of it being successful, it would really takes years of research.

If Satoshi has really lost his key, then it is good for the market because the worth of that coin right now is about $10 billion, and you can imagine if such amount is being dumped at once, that would crash the whole system of bitcoin down completely, so better it is missing the way its missing now. There is this guy that is also claiming that it is possible to have it burnt and I am still kind of wondering how this self-acclaimed guru intend achieving that.

[electronicash]

he didn't mind disappearing for years, i don't think he cares his millions of BTC for if he does he would have sold them. i think he deliberately burned those coins himself. what matters is that those coin will not circulate in the market and be dumped.

[Velkro]

What If Satoshi Actually Lost His Private Keys

He didnt lost it, he died and just didnt passed them further.
Satoshi was Hal Finney, true genius of our times.

[FIFA worldcup]

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

Posting from the Satoshi account will not proof that satoshi is alive nor signing from any old address can prove anything. Many people try to claim themselves satoshi and all of them have faded away with time.
A safest way is to believe that satoshi is dead and he will never be available in the real and online world. This is the best assumption for all those who may claim themselves Satoshi.

[ralle14]

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

Just because Satoshi missed the opportunity of selling his bitcoins during the peak doesn't mean he's dead. There's other possiblities too, it could be his decision to not move those coins and intentionally lost his wallet or wherever the keys are stored.

he didn't mind disappearing for years, i don't think he cares his millions of BTC for if he does he would have sold them. i think he deliberately burned those coins himself. what matters is that those coin will not circulate in the market and be dumped.

Even if Satoshi sells all of his bitcoin the crash would only last for some time because the market always recover over time.

[LUCKMCFLY]

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

It is simple, in the case that Satoshi loses his private keys, the value of Bitcoin increases, which is why many lost bitcoins make the number of Bitcoins worldwide much more finite, and if there are fewer bitcoins more value will it have because the Demand will grow and supply will decrease.

[manok jepang]

Jika Anda berbicara tentang Satoshi, beritanya masih membingungkan, bukan? Saya tidak tahu seperti apa Satoshi sekarang dan di forum ini atau tidak. kemungkinan besar akan tetap di tempatnya, jika Satoshi menjaga kerahasiaannya dari siapa pun / semua orang, tetapi jika dia telah membuat petunjuk kepada siapa saja yang dapat menemukan kunci pribadinya, dompet Satoshi akan terbuka seperti puzzle atau teka-teki dengan hadiah dari sekitar 1 juta BTC.

[Karlinz]

Personally I do not believe that the name Satoshi Nakamoto is the real name of the person that founded bitcoin, knowing the threat crypto poses to the traditional money system and government, he would not want his real identity traced, besides there could be possibilities that he is not holding much as a lot of persons had assumed. Bitcoin is just 21,000 in total supply and he must have been selling some all these while.

[Mr Zet]

I think that this article sum up whole case.
It's funny, but his story were actually well written, but not well targeted. It was created for all those people who see in Bitcoinan opportunity for quick money (despite the criticism of such approach in the first part - but such kind of people won't ever admit they are greedy and lazy). All climax of this reveal, with those fancy numbers and religious references don't match tu actual crypto enthusiast, who only want one, simple thing: genesis key. And any crazy explanation about Satoshi sending his laptop to the support won't work in that case.
And even if he, somehow, actually lost all his assets, he still would make his reveal in different way than through some shady PR firm

[jostorres]

With such sensitive private key, I have come to a conclusion that, Satoshi won't forget Hus private key but might have kept it where no human can gain access because of it importance. For logging into his account on the forum will not  prove anything as such than signing the message from the address.

There is no one that would believe in the future of this project more than satoshi, and it was because he saw the future that made him keep almost a million bitcoin to himself, and for such smart persona, do we really think he would joke with the key.

I would not be surprised if satoshi has even tattled the key on his body, especially the area that is mostly covered in the body, no one knows, but I am sure he knows very well where the private key is stored. Now we even have some hackers that are guessing private keys, I have seen some people claiming to have developed software that can easily crack private key and if they can do that, why would satoshi not be able to gain access to his own account even without the key.

[shinohai]

With such sensitive private key, I have come to a conclusion that, Satoshi won't forget Hus private key but might have kept it where no human can gain access because of it importance. For logging into his account on the forum will not  prove anything as such than signing the message from the address.

There is no one that would believe in the future of this project more than satoshi, and it was because he saw the future that made him keep almost a million bitcoin to himself, and for such smart persona, do we really think he would joke with the key.

I would not be surprised if satoshi has even tattled the key on his body, especially the area that is mostly covered in the body, no one knows, but I am sure he knows very well where the private key is stored. Now we even have some hackers that are guessing private keys, I have seen some people claiming to have developed software that can easily crack private key and if they can do that, why would satoshi not be able to gain access to his own account even without the key.

I'd genuinely love to know these people that "claimed to developed software that can easily crack private key", as it would mean ECDSA is broken. Guessing keys is more likely, but with 2^256 possible private keys in the space, I'd wager your safe (for now).

[Meysa_richa]

I don't know what will happen, for sure this will be big news.  And a moment later will surely have an impact on the decline in the price of Bitcoin, before finally all the problems can be resolved.

[crzy]

The supply will become more limited and we can have the best price, but I doubt that he actually lost it because he knows the important of keeping the private keys and he knows that if something happen, he can no longer recover that so for sure his bitcoin is still safe.