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Author Topic: Satoshi wallet got activated today (Satoshi is back)  (Read 353 times)
Wiwo (OP)
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December 24, 2021, 07:32:29 AM
 #1

The identity of the creator of Bitcoin has been a topic of contention since the Bitcoin creator went inactive for several years now, traders and speculators are now guessing who is behind the latest activities on the Satoshi bitcoin Era wallet.

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kaggie
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December 24, 2021, 07:41:31 AM
Last edit: December 24, 2021, 01:01:57 PM by kaggie
 #2

Late 2012 and 2013 aren't exactly Satoshi era, are they?

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Transaction Hash    
696a1ec70a41c5ccc63d37b71fd7cc21046dafb98c32755d44272a9d3b46e871

Original address
1PaaUYurb9xgZczccVaqQm7cZ8xjYZ98vr
Original amount:  321.66335625 BTC (worth 8500 USD at the time)
Original transaction date: 2013-02-15 14:48:30

https://whale-alert.io/transaction/bitcoin/696a1ec70a41c5ccc63d37b71fd7cc21046dafb98c32755d44272a9d3b46e871

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There was this one from Sep 2021

https://twitter.com/whale_alert/status/1439453966358781953
From address: 1BamMXZBPLMwBT3UdyAAKy3ctGDbXNKoXk
Original amount: 616 BTC
Original deposit date: 2012/12/10

Transferred to... a legacy address, after a few steps, and combining with: 1BamMXZBPLMwBT3UdyAAKy3ctGDbXNKoXk
1MRTWkxrig8kLmdNy8dnk8jwZp7xDPTYgU
moving from those to: 1AR1Zk6yHwsunnPf8W8Ha8h8jYhL9ahR2p
and then to: bc1qpgf7usrugzxllvydvrnngpsw3rlewelk3qfjg4 and bc1ql5tf824vk6dejg8pwkqugpdlzp93d3j6ume56e
slaman29
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December 24, 2021, 07:51:33 AM
 #3

Mister Craig W supposedly said the latest court ruling means or proves he is indeed Satoshi. So if you really believe he is back then go and worship CW.

Meanwhile the true wallet that everyone needs to be signed to prove he/she is the owner of it has never touched or budged.

There is no obsession from the majority of Bitcoiners about Satoshi. Stop feeding it.

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Mauser
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December 24, 2021, 07:55:55 AM
 #4

I am not very familiar with the bitcoin wallets of Satoshi, but didn't he have much more than 320 BTC? I thought that he had thousands of BTC and always wondered why he never used them. It's awesome that we can track the movements of the original Satoshi bitcoins. But who knows if it's really him? For him to really be back I wouldn't want to see his forum account to be active again and writing about crypto currencies. Also, I wonder how many hackers have tried to get access to Satoshi wallets.

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sirminesalot
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December 24, 2021, 08:00:50 AM
 #5

I am not very familiar with the bitcoin wallets of Satoshi, but didn't he have much more than 320 BTC? I thought that he had thousands of BTC and always wondered why he never used them. It's awesome that we can track the movements of the original Satoshi bitcoins. But who knows if it's really him? For him to really be back I wouldn't want to see his forum account to be active again and writing about crypto currencies. Also, I wonder how many hackers have tried to get access to Satoshi wallets.

We never know how much bitcoin that the creator has, that 321 btc balance could be only one of his many wallets just like the people who has high amount of bitcoin, they must be seperate it into multiple wallets.
Also we can not confirm the owner of the wallet is really satoshi who created bitcoin, i think it's better to keep it as a mystery and never revealed because that's the unique thing about cryptocurrency, we never know who is the real creator and what the creator doing with it right now.
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December 24, 2021, 09:37:53 AM
 #6

So what now? If ever this is true or not, what can we do about it?
I saw a lot of people speculating that once the Satoshi wallet will be active, we can see a massive dump of the price.

But for me, I don't think so, it is possible but that's how Bitcoin works, how the wallet works, owner of the wallet got the decision at all.
Overall, it does not matter at all anymore.

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December 24, 2021, 09:43:17 AM
 #7

Mate, you might want to at least point us to what specific wallet addresses you're referring to so we actually have something to check lmao.

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December 24, 2021, 09:49:10 AM
 #8

Mister Craig W supposedly said the latest court ruling means or proves he is indeed Satoshi. So if you really believe he is back then go and worship CW.

Meanwhile the true wallet that everyone needs to be signed to prove he/she is the owner of it has never touched or budged.

There is no obsession from the majority of Bitcoiners about Satoshi. Stop feeding it.

I'm not really sold on him being Satoshi if Satoshi is one person. If Satoshi is a group of people, then yeah, could be, because if it was just one person, all these years of anonymity and then coming out makes no sense. But I think crypto, in general, has transcendent Satoshi, and, at this point, I doubt anyone really cares if it gets revealed or not.

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December 24, 2021, 10:21:47 AM
Merited by DaveF (2)
 #9

I think that most of the time that those claims arise are mostly due to the fact that an output from an address (around 2009-2010) happened recently. Truth to be told, satoshi probably has thousands of address and the best thing that we can try to make is to guess what address might be his. If we're talking about older addresses being suddenly active, we have this thread[1] on Twitter where someone spent BTC (on May 2020), from an address from 2019.

What I find more interesting is the amount of deep analysis that try to uncover the amount of BTC that satoshi may have. For that effort I recommend anyone reading any of the links posted here[2]. This[3] article presented an analysis - made from a bitcointalk user[4] - that estimated satoshi having around 1 million BTC spread in thousands of addresses. Recent studies[5][6] - 2020 - were made using the same analysis technique and the quantity is near the one previously guessed.

If we want to extrapolate satoshi addresses by the transactions that he/she/they did, then this thread[6] provides a really good information regarding the 10 BTC that were sent from satoshi to Hal Finney[6], which makes shows that at least the address 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S is from satoshi.

[1]https://twitter.com/nic__carter/status/1263130214726582272
[2]http://satoshiblocks.info/about.html
[3]https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
[4]https://bitcointalk.org/index.php?action=profile;u=24826
[5]https://blockchair.com/bitcoin/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
[6]https://blockchair.com/bitcoin/transaction/828ef3b079f9c23829c56fe86e85b4a69d9e06e5b54ea597eef5fb3ffef509fe

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December 24, 2021, 11:05:57 AM
 #10

The identity of the creator of Bitcoin has been a topic of contention since the Bitcoin creator went inactive for several years now, traders and speculators are now guessing who is behind the latest activities on the Satoshi bitcoin Era wallet.


I believe you are referring to this incident.

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-wallet-satoshi-nakamoto-mystery-btc-b1924606.html

It's a Satoshi era account and not the direct Satoshi account. But we really don't know the owner details of the account so it could be Satoshi Nakamoto as well. Or some early bitcoin miner suddenly found his keys and now wants to liquidate a part of it.

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December 24, 2021, 11:18:05 AM
 #11

Maybe put some links and the address you are referring to, that way we can also check if the news is true or fake.

From what I read from the posts above, it seems like it's not the real Satoshi, and therefore I don't think it's a big news.
The logic is very simple, if it's really the real satoshi, then it's already in the headlines in the crypto space as it's indeed a big news.

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December 24, 2021, 11:24:06 AM
 #12

So what now? If ever this is true or not, what can we do about it?
I saw a lot of people speculating that once the Satoshi wallet will be active, we can see a massive dump of the price.
Short term it would probably cause certain investors to panic, however it all likelihood Bitcoin would recover weeks to a few months after, and the world would continue to go around. The thing is, Bitcoin was designed not to rely on a central figure, and the reason people would panic would be because they are too used to a centralised system, and would panic of Satoshi's intentions. Although, really if they do or don't come back in the grand scheme of things it matters not.

I wouldn't expect anything different from the Independent, always creating stories out of nothing, and pushing some sort of narrative. Whoever's address it's I think we can safely ignore the speculation from the Independant, as they're not going to be the ones which break the news if it was proven to be Satoshi (which it won't).
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December 24, 2021, 12:39:42 PM
 #13

 Community, what do you think about Satoshi's account ending its silence?
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December 24, 2021, 01:19:52 PM
 #14

Community, what do you think about Satoshi's account ending its silence?
I read about it on Twitter today, it's all suspicious to me
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December 24, 2021, 01:38:00 PM
 #15

I'm not really sold on him being Satoshi if Satoshi is one person. If Satoshi is a group of people, then yeah, could be, because if it was just one person, all these years of anonymity and then coming out makes no sense. But I think crypto, in general, has transcendent Satoshi, and, at this point, I doubt anyone really cares if it gets revealed or not.

Yes, I agree. I mean, we all acknowledge that Satoshi is the reason why we are all able to know and enjoy bitcoin today but regardless its identity being disclosed, I don’t think that we have a say or we could do something about it really. And honestly, with the activeness or inactiveness of their presence, even on the minds of the users, I don’t know if it really ever has effects on the market.

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December 24, 2021, 01:49:35 PM
 #16

Community, what do you think about Satoshi's account ending its silence?
I read about it on Twitter today, it's all suspicious to me
This appearance after all these years is very much in his style. http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A169634
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December 24, 2021, 02:00:27 PM
 #17

Community, what do you think about Satoshi's account ending its silence?
It didn't happen so nobody cares.

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December 24, 2021, 03:15:51 PM
 #18

Mate, you might want to at least point us to what specific wallet addresses you're referring to so we actually have something to check lmao.

Another in a series of completely missed and pointless topics that have been coming from OP lately - Satoshi is back because someone moved coins from his era? You really have to be a real genius to construct such a conclusion Huh

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December 24, 2021, 04:44:01 PM
 #19


So some person created an account named Satoshi Nakamoto and submitted a link to an NFT of the same forum thread; and you actually believe this crap?

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December 24, 2021, 04:56:42 PM
 #20

Many times we see movements from old wallets can have big impacts on Bitcoin and crypto market. Is it coincidence or is it scheduled movement at a right time when market needs news and such movements to create panic or FOMO?

I am keen on the second reason and I believe it relates to market manipulation. Moreover, Bitcoin in satoshi times does not mean all of them belong to satoshi. So it is not logic to think that satoshi is back only because old coins are moving recently.

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