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Author Topic: Biggest Mysteries Of Bitcoin  (Read 737 times)
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October 12, 2022, 12:13:23 PM
 #21

This topic is understandably a newbie’s favorite discussion. Newbies may find the identity of Satoshi Nakamoto intriguing and may even attempt to draw a pattern to speculate the identity or nationality of Satoshi. For those of us who have been here long enough, we have seen this being discussed repeatedly and I have come to the conclusion that this will be a discussion that will never cease as long as Bitcoin exists.
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October 12, 2022, 01:02:43 PM
 #22

I don't know why, but screw his identity. I'm kind of more curious if "Satoshi Nakamoto" is actually a single individual, or a group that consists of 2 or more people — and if it's actually a group, how many people does it consist of?
I have about the same attitude towards this issue. I am not at all interested in Satoshi's personality, especially after he wished to remain anonymous. I respect his decision and even if I had the opportunity to find out who he really is, I would refuse it. What matters most is what he has done for humanity, not his personal data. Also, I don't care if it was one person or a group of people. In general, this creates an aura of mystery, but I believe that since this information was not shared with the community, then we do not need to know. It seems that this will be better for the bitcoin-network.

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October 12, 2022, 03:16:44 PM
 #23

The best for bitcoin is that Satoshi's identity remains a mistery forever. If at some point his identity were revealed there would be serious chances the impact for btc would be very negative. It could lead investors to panic selling and the mainstream media to create lots of narratives about the hidden goals and purposes of the creation of bitcoin. Maybe it could mean the end of bitcoin, being it replaced by an altcoin, probably ethereum.

Anyway, although we are curious about this matter, I think we should be just thankful for his invention and for all the fruits gathered so far.

If his identity is revealed there will be negative effects on bitcoin, but not to the extent that it is the end of bitcoin, bitcoin will always exist and thrive as long as our needs remain. Satoshi is the creator of bitcoin and he can hold a lot of bitcoins but I guess he can't control bitcoins either, so his presence won't change the decentralized nature of bitcoin either.

Let's say bitcoin is over, I see it's also the end of the entire crypto market, there's no reason why ethereum or any other cryptocurrency should ever replace bitcoin. Not all deserve to sit in the place of bitcoin, centralized altcoins.
That is a risk to be taken if his identity is revealed. We don't know exactly the dimension of such consequences, but I've read some speculations on the internet saying it can be heavily harmful to bitcoin if it happens and it makes sense, because investors would avoid bitcoin if they thought they were being manipulated by a hidden agenda controlled by few individuals, since the proposal of bitcoin is decentralization and going against groups of power.

About ethereum I mentioned it because it is the natural second choice, as eth is the most popular chain for projects/tokens developers.

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October 12, 2022, 03:44:31 PM
 #24

I my book satoshi must have (sadly ) died at some point in 2011 - no way could a human being sit on such wealth and do exactly zero !

So the prime candidate, in my view, is Len Sassaman.

Has this theory been debucked yet ?

Satoshi made this post from his P2P account in 2014:

Quote
    I am not Dorian Nakamoto.

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186

How do we know that his P2P account wasn't hacked like his gmx email?

That's the thing about the investigation - all communications dating after the email he wrote to Mike Hearn "I moved on to other things" are untrustworthy and should be classified as alleged, since we do not know for sure whether it was indeed him who wrote those messages.

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October 12, 2022, 03:45:54 PM
 #25

Although Am still learning about Bitcoin, but I have learned that Satoshi's intentions was not for people to know him but for the success of Bitcoin. Bitcoin is Decentralised Blockchain so there's no need to uncover Satoshi identity, We ought protect it. Just My opinion though.
You actually have a point here, because to me had it been Satoshi never went offline, it would have make no sense knowing the person who claims to offer a digital currency which makes our transaction anonymous. So that decision alone contributing to what have caused the growth or massive increase in the value of Bitcoin today, as it makes us in control of our finance, borderless and fast means to send money to a friend or family member in a far away land.  

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October 12, 2022, 05:55:57 PM
 #26

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Whether Satoshi Nakamoto is an individual, a group or an organization, we must say thank you for creating the extraordinary things that we can experience today. Satoshi Nakamoto's identity will never be discovered because he prefers him as anonymous, because if he wants he will show who he really is from the start. Curious, yes, of course we are curious about his figure, but this will never end and will always be an endless conversation.

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October 13, 2022, 02:36:29 AM
 #27

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Whether Satoshi Nakamoto is an individual, a group or an organization, we must say thank you for creating the extraordinary things that we can experience today. Satoshi Nakamoto's identity will never be discovered because he prefers him as anonymous, because if he wants he will show who he really is from the start. Curious, yes, of course we are curious about his figure, but this will never end and will always be an endless conversation.
For that, we better let him stay hidden and as anonymous, he has a life of his own. I'm sure he's keeping an eye on the bitcoin project and who knows, he's still inside this bitcoin project, watching it from afar and making sure everything is going well.

We can only allow the mystery of who Satoshi Nakamoto is to remain a mystery and like the mysteries of the world, it remains a secret that is never revealed.

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October 13, 2022, 02:52:18 AM
 #28

After reading the subject of the thread, I was thinking this is a sort of a compilation of, well, the "Biggest mysteries of Bitcoin." It wasn't, of course. The subject is kind of misleading.

Anyway, indeed Satoshi's identity or identities are a mystery but I guess what's more mysterious is the possibility that it's actually probably known. I think there are a handful of individuals who must have a more or less accurate guess of who Satoshi is/are.

And since we're already discussing about mysteries here, I wonder: who have read topic 3? Grin

Is this the first bitcointalk.org topic?
What happened with topic 1,2,3 and 4?

1, 2, and 4 exist in the staff forum. 3 was permanently deleted at some point (it must have contained Satoshi's real name and address).
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October 13, 2022, 03:14:06 AM
 #29

This topic is understandably a newbie’s favorite discussion. Newbies may find the identity of Satoshi Nakamoto intriguing and may even attempt to draw a pattern to speculate the identity or nationality of Satoshi. For those of us who have been here long enough, we have seen this being discussed repeatedly and I have come to the conclusion that this will be a discussion that will never cease as long as Bitcoin exists.

it's true that stories like this never end, but does anyone here have any idea what should be done if Satoshi's identity were to come to light? i want to know what everyone will do after that, maybe we can run to him and get his autograph as a souvenir? is this beneficial or profitable for us?

he decided to remain anonymous he must have had a good reason so we should respect his decision. he left us a huge legacy of bitcoin, what we should do is grow it and stop digging into his identity or life

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October 13, 2022, 07:37:57 AM
 #30

And since we're already discussing about mysteries here, I wonder: who have read topic 3? Grin

Is this the first bitcointalk.org topic?
What happened with topic 1,2,3 and 4?

1, 2, and 4 exist in the staff forum. 3 was permanently deleted at some point (it must have contained Satoshi's real name and address).

Hopefully Theymos or Cyrus moved the forum software (or at least the database) to more powerful disks at some point in 2017-18 and thoroughly wiped the data on the old disks.

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October 13, 2022, 09:41:03 PM
 #31

This topic is understandably a newbie’s favorite discussion. Newbies may find the identity of Satoshi Nakamoto intriguing and may even attempt to draw a pattern to speculate the identity or nationality of Satoshi. For those of us who have been here long enough, we have seen this being discussed repeatedly and I have come to the conclusion that this will be a discussion that will never cease as long as Bitcoin exists.
it's true that stories like this never end, but does anyone here have any idea what should be done if Satoshi's identity were to come to light? i want to know what everyone will do after that, maybe we can run to him and get his autograph as a souvenir? is this beneficial or profitable for us?

he decided to remain anonymous he must have had a good reason so we should respect his decision. he left us a huge legacy of bitcoin, what we should do is grow it and stop digging into his identity or life
My honest opinion is that if we knew who satoshi was then we would not be able to see bitcoin rising as much as it did. There are so many government problems that wherever he lived, he would be found guilty of "something", if they weren't guilty of anything, they would definitely frame them for something with fake proof in order to jail them.

Because, this is something that drops the power of governments via economical freedom to people and they would want to say "look who created it, he is a monster!" and make sure that everyone saw it and then hope that bitcoins power would diminish and disappear at the light of satoshi being a bad person.

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October 13, 2022, 09:54:28 PM
 #32

This topic is understandably a newbie’s favorite discussion. Newbies may find the identity of Satoshi Nakamoto intriguing and may even attempt to draw a pattern to speculate the identity or nationality of Satoshi. For those of us who have been here long enough, we have seen this being discussed repeatedly and I have come to the conclusion that this will be a discussion that will never cease as long as Bitcoin exists.
it's true that stories like this never end, but does anyone here have any idea what should be done if Satoshi's identity were to come to light? i want to know what everyone will do after that, maybe we can run to him and get his autograph as a souvenir? is this beneficial or profitable for us?

he decided to remain anonymous he must have had a good reason so we should respect his decision. he left us a huge legacy of bitcoin, what we should do is grow it and stop digging into his identity or life
My honest opinion is that if we knew who satoshi was then we would not be able to see bitcoin rising as much as it did. There are so many government problems that wherever he lived, he would be found guilty of "something", if they weren't guilty of anything, they would definitely frame them for something with fake proof in order to jail them.

Because, this is something that drops the power of governments via economical freedom to people and they would want to say "look who created it, he is a monster!" and make sure that everyone saw it and then hope that bitcoins power would diminish and disappear at the light of satoshi being a bad person.

For now, let us be thankful that bitcoin was created in this era.
It may be a mystery up until now, because Satoshi decided not to disclose his identity after more than a decade of its existence.
I believe, it is better this way to avoid other troubles that he may encounter with people, authorities and basically from everyone.
As of today, this has created a lot of impact to many people across the globe. In some ways, it has even changed a lot of lives for the better.
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October 13, 2022, 11:41:42 PM
 #33

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Judging by Theymos messages whenever he talks about Satoshi Nakamoto, I will say he's an individual who at some point hired some innovative enthusiast to work with him on the project and they choose to join him because the project was built on decentralization, censorship-resistant, and open source. However, the name Satoshi Nakamoto was also not chosen by the person that combine the idea of BTC, the name was chosen by the community that contribute to the BTC network.

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October 13, 2022, 11:49:59 PM
 #34

How did you know that Satoshi has an estimated to have 1 BTC in his wallet when you yourself said that we really don't know who he or she or group of individuals behind that name?

Just surprising to see another Satoshi Nakamoto thread, I can't recall if we have this kind of thing back in 2018 bear market when suddenly members are opening a thread about the legendary man when everyone here knows that Satoshi we will not know his real identity? And those who are all claiming are fake.
Satoshi is the biggest mystery of bitcoin, I also find it unreasonable when there are people who say that they know about Satoshi's wealth and there are also those who say Satoshi has 1 btc, while they themselves don't know Satoshi's whereabouts and they don't even know about the origin Satoshi, I also wonder why they say all that, while we know we never believe anyone who says he is Satoshi because for those of us who have been in the crypto world for a long time, it is not easy to believe anyone who says he is the inventor of bitcoin, let alone they say himself as Satoshi.

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October 14, 2022, 12:08:17 AM
 #35

Satoshi Nakamoto?
that's the advantages of bitcoin, there are still unsolved mysteries,

we all don't know who Satoshi Nakamoto really is, many people just guess who Satoshi Nakamoto is,

what is certain is that he is a genius, he is a great person, and his inventions are very useful.

actually do not need to know who Satoshi Nakamoto, we just need, take advantage of his invention (bitcoin) properly and correctly.

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October 14, 2022, 01:44:02 AM
 #36

And since we're already discussing about mysteries here, I wonder: who have read topic 3? Grin

Is this the first bitcointalk.org topic?
What happened with topic 1,2,3 and 4?

1, 2, and 4 exist in the staff forum. 3 was permanently deleted at some point (it must have contained Satoshi's real name and address).

Hopefully Theymos or Cyrus moved the forum software (or at least the database) to more powerful disks at some point in 2017-18 and thoroughly wiped the data on the old disks.

I hope the grin icon made everything clear.  Cheesy

When I first stumbled upon this post by theymos years ago, I thought it was serious, although, of course, you should wonder in disbelief how on earth could Satoshi commit this very poor lapse in judgement. Anyway, at least theymos has already made it clear Grin:

Quote
would you mind telling why you came up with what you said?

It's called a joke.  Roll Eyes

But, again, it is my hunch that a handful of people have more or less accurate suspicions of who Satoshi might be. But rather than divulging them to the curious public, they instead helped clean Satoshi's tracks for any clues. It is probably, of course, in deference to Satoshi's decision to stay out of the limelight for good.
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October 14, 2022, 02:30:45 AM
 #37

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Judging by Theymos messages whenever he talks about Satoshi Nakamoto, I will say he's an individual who at some point hired some innovative enthusiast to work with him on the project and they choose to join him because the project was built on decentralization, censorship-resistant, and open source. However, the name Satoshi Nakamoto was also not chosen by the person that combine the idea of BTC, the name was chosen by the community that contribute to the BTC network.
Even though, in the end, Satoshi Nakamoto was the one person who did everything in the Bitcoin project, it remains a mystery. After all, we don't know who he really is and many people keep guessing who Satoshi Nakamoto is.

If you say that someone hired some innovative caller to work with him on the project at some point, it means that people are joining together and Satoshi is not working alone.

But never mind, we don't need to debate whether Satoshi Nakamoto is a person or several people because we don't know the truth. Most importantly, we must thank Satoshi Nakamoto for his creations, which have helped us a lot.

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October 14, 2022, 03:58:33 AM
 #38

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Judging by Theymos messages whenever he talks about Satoshi Nakamoto, I will say he's an individual who at some point hired some innovative enthusiast to work with him on the project and they choose to join him because the project was built on decentralization, censorship-resistant, and open source. However, the name Satoshi Nakamoto was also not chosen by the person that combine the idea of BTC, the name was chosen by the community that contribute to the BTC network.
Even though, in the end, Satoshi Nakamoto was the one person who did everything in the Bitcoin project, it remains a mystery. After all, we don't know who he really is and many people keep guessing who Satoshi Nakamoto is.
(....)
For me, it's just good that Satoshi Nakamoto will remain anonymous or we will not know who he/she is anymore. Satoshi Nakamoto is sure proud of Bitcoin now, wherever he/she is now, they are already very happy about what Bitcoin achieve over time.
So, let's not waste anymore about finding who really Satoshi Nakamoto is because he/she intended to stay anonymous from the beginning. Bitcoin is doing great.

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October 14, 2022, 01:15:45 PM
 #39

For that, we better let him stay hidden and as anonymous, he has a life of his own. I'm sure he's keeping an eye on the bitcoin project and who knows, he's still inside this bitcoin project, watching it from afar and making sure everything is going well.

We can only allow the mystery of who Satoshi Nakamoto is to remain a mystery and like the mysteries of the world, it remains a secret that is never revealed.
Right let him choose to be anonymous without anyone knowing who he is. He must have considered that being anonymous was better than having to go out with an identity. He had calculated this before he created bitcoin. Because we never know what will happen if he comes out with his identity, because maybe it will harm himself. We never knew such a thing.

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October 14, 2022, 09:12:20 PM
 #40

I prefer that Satoshi Nakamoto is a group of people who work to build a Bitcoin project but they don't gather in one room but work in their respective places and communicate with each other.

This bitcoin project is still a mystery, especially about Satoshi Nakamoto, because we don't know who they really are. But we have to thank him because he has dared to break the system that has been running for a long time.

And when Satoshi Nakamoto's wallet starts to move, all eyes will be on the wallet and will wait for where they will send Bitcoin.
Judging by Theymos messages whenever he talks about Satoshi Nakamoto, I will say he's an individual who at some point hired some innovative enthusiast to work with him on the project and they choose to join him because the project was built on decentralization, censorship-resistant, and open source. However, the name Satoshi Nakamoto was also not chosen by the person that combine the idea of BTC, the name was chosen by the community that contribute to the BTC network.
Even though, in the end, Satoshi Nakamoto was the one person who did everything in the Bitcoin project, it remains a mystery. After all, we don't know who he really is and many people keep guessing who Satoshi Nakamoto is.
(....)
For me, it's just good that Satoshi Nakamoto will remain anonymous or we will not know who he/she is anymore. Satoshi Nakamoto is sure proud of Bitcoin now, wherever he/she is now, they are already very happy about what Bitcoin achieve over time.
So, let's not waste anymore about finding who really Satoshi Nakamoto is because he/she intended to stay anonymous from the beginning. Bitcoin is doing great.
Yes, according to the messages of Theymos I read to learn about Satoshi Nakamoto, and the idea of Bitcoin was brought into the picture. He contacts some smart people with C++ knowledge.
Let us use Binance as an explanation if you remember CZ and his crew once did a bounty campaign on this forum for their ICO but now if we mention Binance we will say CZ is the CEO, isn't it? I believe to make everything fair and totally decentralized is the reason why Satoshi Nakamoto left the BTC duty into the community hand.
As GreatArkansas said, we don't need to waste our time finding who Satoshi is because everyone that supports the Bitcoin dream is automatically Satoshi Nakamoto.

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