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Author Topic: Did Satoshi just moved his coins?  (Read 1006 times)
verita1
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May 23, 2020, 08:25:59 PM
 #61

I also thought the same, 50 BTC is a small amount for Satoshi. But I was impressed while I watched the first transaction from Coinbase
2009-02-09 14:25

https://www.blockchain.com/btc/tx/f38d6f043c070ce9805ee81f46db4d32d0c9f148d62bbfbc0378bc5847c7dc70

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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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May 24, 2020, 05:15:21 AM
 #62

Hmpf, panicking over this...

What if this early miner is suddenly in a difficult situation without income because of the pandemic and needed some cash?

As if had said many times before, when your money does not lose value over time, you will aim to spend only whats necesary. I don't think this is any different, which is also the reason the rest of the 40 ₿ remain.

Of course it would be smart to move the whole thing into a modern wallet, but whatever.

Also no, the Spanish thread is a faithful translation of this one, no one there said it was from Satoshi...

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May 24, 2020, 03:47:51 PM
Merited by CjMapope (1)
 #63

***************
One more time
***************

1. I am puzzled that to this very day, so many years after the introduction of BTC people still do not get it, Satoshi, if alive, is not interested in cashing out from a Blockchain based system. Fiat money is going to have no value at all one day and all transactions will be in what we now call cryptocurrencies. May be Bitcoin, or another one, that is something we yet do not know...

2. To spend the balance in the transaction we are talking about included in block 3654, we need to remember that it was a coinbase transaction as a block reward to the computer, laptop, that mined it that day. The TX
Code:
f38d6f043c070ce9805ee81f46db4d32d0c9f148d62bbfbc0378bc5847c7dc70
contains the pkScript with the raw Public Keys corresponding to the address that the miner specified or randomly generated (most probably). Someone has just discovered a way to validate the transaction without having access to the private keys for this specific transaction. It has happened before and whoever did it deserves the prize. I believe it has something to do with the ac at the beginning of the uncompressed public key in the pkScript, you could somehow cheat the verification into believing it s OP_CHECKSIG and somehow circumvent an error... not sure how exactly yet but I will publish my results.

Obviously she rushed to cash out because it will be a matter of time till someone else will discover how it happened and will publish it. In my opinion the reward, as I said, is deserved and it will increase the Blockchain understanding overall in the long run.
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May 24, 2020, 04:36:34 PM
 #64

https://www.blockchain.com/btc/address/17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh


coins were made in feb of 2009 sat idle until today.

It is possible some one  has been tossing random keys for years  with a lot of pc/hashpower and hit a long shot.

It's possible, my speculation is someone lost his key and after many years of looking for it just got it and now moving it at last, one lucky guy who cash it out after a long wait, happened to me on one coin that I lost my key.

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May 26, 2020, 12:05:05 PM
 #65

https://www.blockchain.com/btc/address/17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh


coins were made in feb of 2009 sat idle until today.

It is possible some one  has been tossing random keys for years  with a lot of pc/hashpower and hit a long shot.

It's possible, my speculation is someone lost his key and after many years of looking for it just got it and now moving it at last, one lucky guy who cash it out after a long wait, happened to me on one coin that I lost my key.

I have 2 eth coins stuck in a wallet.

I try to get them out every once in a while

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May 26, 2020, 05:21:23 PM
 #66

I know many of you’ll will be pissed at the title, but before you vent your ire just have a look at the tweet and then decide for yourself. According to the tweet the wallet was dormant since 2009, but suddenly today bitcoins stored in the wallet have been moved so can anyone study this and confirm if it’s actually satoshis wallet, or this is another fud attempt and we should not pay any attention to it?.

Source:

https://twitter.com/whale_alert/status/1263120977849978880


This couldn't be the wallet that Satoshi was holding as if he had to move his coins then why did he moved the coins from just a single wallet, he is having a huge supply of bitcoins that is known to the public. So I guess it's another user from the early days which would have the urgency to spend his coins that he was holding back from the starting days of bitcoin. I dont think there is any reason to freak out just because some guy moved the coins from a single wallet, if the coins would have been moved from many of the wallets that mined the initial blocks then the scenario would have been different.

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May 26, 2020, 05:49:56 PM
 #67


We still didn't run out of things to spread just to make people panic though. There must be worse and funnier than this one but still works. We here in the forum are just a tiny percentage of the whole population who somehow had interest in investing BTC and when they hear things like Satoshi cashing out his coins from someone they trust, it would appear real.


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May 26, 2020, 06:50:28 PM
 #68


We still didn't run out of things to spread just to make people panic though. There must be worse and funnier than this one but still works. We here in the forum are just a tiny percentage of the whole population who somehow had interest in investing BTC and when they hear things like Satoshi cashing out his coins from someone they trust, it would appear real.
If you see some coins moving from the initial blocks then there is an assumption that the coins were held by Satoshi and the news sites will start writing speculative news about it to have some clicks and now we have a signed message from more than 100 wallets during the initial period challenging CSW and his lies and if that was Satoshi he would have simply said that rather than letting us dry.
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May 26, 2020, 08:34:19 PM
 #69

not satoshi


atleast 10 people were mining in february
satoshi:


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not satoshi


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the block in question is using the 'not satoshi pattern

Sorry for the off-topic, but could you please elaborate a bit more about this? Why does Satoshi's blocks look different than others? Where did you get this chart from? I'm really curious about this.

so if you look at the 'sigscript' of the coinbase tx block reward for block 3654
you will see
ffff001d
dd01

if you take the second hex(dd01) - also known as the 'extra nonce'
and convert it to little endian you will get 477

now if you do every block and convert each extra nonce to little endian
youstart to see sequences.

these sequences are where they increment per block try. and only reset to 0 if the miner completely stops mining(maybe bug fixes the program and runs it again)
so if you want more info. this guy first explained it best years ago. and he even has a excel spreadsheet with the block extranonces converted into numberic form.
https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

so when you look at the block that we know satoshi paid hal with. and follow its sequence and reset and seqence you notice satoshi's pattern
then when you start to see other sequences in between thats other users

for instance
block  satoshi  u1   u2    u3    u4     u5
3641   2339               
3642   2346               
3643   2349               
3644                                   520   
3645   2352               
3646   2353               
3647   2360               
3648                   35         
3649                          118      
3650   2361               
3651                   38         
3652                   39         
3653   2367               
3654           477            
3655   2372               
3656                   43         
3657                                            1755               
3658   2384               
3659   2387               
3660                   47         
3661   2410               
3662           485            
3663   2420               
3664   2424               
3665                                    542   
3666   2426               
3667   2428               
3668   2429               
3669           492            
3670                            139      
3671   2431               
3672                    62         

so on that ~5hours of that day there were 5 people successfully mining blocks regularly
remember satoshi's sequence(in the 2k range) did not reset. so he continued mining. meaning it was other users mining with different sequences

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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May 26, 2020, 09:03:46 PM
 #70

No, this is not Satoshi's wallet. This is one of the old miners who mined together in Satoshi, but it's definitely not him. Too thoroughly, all the wallets over the years have been studied. Therefore, this is not Satoshi, but also a rather significant figure.

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Utoy101
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May 26, 2020, 09:12:26 PM
Last edit: May 30, 2020, 09:11:16 PM by Utoy101
 #71


With the worth and the how long the bitcoin has been staying dormant in that wallet indicates and attributes it to satoshi Nakamoto but i've seen lot of Veterans analyze the transaction since then and came to the conclusion that it dosen't belong to Satoshi
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May 28, 2020, 04:29:36 AM
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 #72

Maybe Satoshi was also mining intermittently  on some other and slower computer like old laptop and on more than one different location. He could now spend those "other" bitcoins and avoid being discovered. May be that is what happens here.
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May 28, 2020, 06:45:15 AM
 #73

I have long had a question: what practical benefits and benefits can appear from the fact that the public learns something new about Satoshi’s possible means, about his true face, about what he wrote bitcoin or not? What does all this give? It will help change bitcoin, make it perfect?
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May 28, 2020, 11:52:38 AM
 #74

I found this on internet related to this topic by cointelegraph.


https://cointelegraph.com/news/did-satoshi-just-move-his-coins-for-the-first-time-in-11-years
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May 28, 2020, 02:47:23 PM
 #75

I think yes. It seems Nakamoto himself is in charge of the recent alt pumps
Read this and ensure !
https://newsblockchain.io/news/nakamoto-moved-his-tokens-first-time-in-11-years
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May 28, 2020, 06:11:38 PM
 #76

Apart from curiosity is this topic even have any meaning to real life suppositions. I mean this is not the only thread with such analysis regarding Satoshi but many. And all of them have ended up with nothing but some debate where half of people say it’s satoshi and half says it’s not.



Hm, I guess reading the comments and putting a bet and beer on who will win in this thread is more fun now a days. Love it.
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