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Author Topic: Satoshi only spent 50 BTC. Here's where those coins are now  (Read 28444 times)
boumalo
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March 30, 2014, 10:28:01 AM
 #21

Its really great, I feel he spent small quantity of BTC

It seems like he didn't spend any of the public BTC he has!

Is he dead? Does he find unethical to use any of this coins? Is he waiting for the coin to have more value? (doubt it)

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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March 30, 2014, 11:34:43 AM
 #22

What software/site you used to analyze this?

he said by hand. Grin

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FUN > ROI


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March 30, 2014, 11:46:13 AM
 #23

If you wanted to try and trace things yourself, blockchain.info is a good start.  Here's that first transaction:
https://blockchain.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

On the left, click on 'View Tree Chart':
https://blockchain.info/tree/15029

Note that this only goes one way, and doesn't identify what the transactions were for / who they came from/were to.
E.g. the recipient of that first 10BTC: https://blockchain.info/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
It doesn't say 'Hal Finney' anywhere.

Figuring all that out is where most of the work would be (delving through articles, forum posts, etc.).  Nice work, Taras!

embargar
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March 30, 2014, 01:43:46 PM
 #24

Great job! No wonder he is hiding
CryptoPanda
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March 30, 2014, 02:06:20 PM
 #25

What software/site you used to analyze this?

he said by hand. Grin

lol yeah Smiley

Taras
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March 30, 2014, 05:04:28 PM
 #26

I am glad for the critical acclimation Grin
I will definitely be making more of these analyses. Wink

Taras
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March 30, 2014, 05:06:36 PM
 #27

What software/site you used to analyze this?

he said by hand. Grin

lol yeah Smiley
Technically I used Blockchain and Insight to parse the chain, but when I say by hand I mean it was one click at a time. No macros or tools. Tongue
I used OpenOffice to make the visualizations. It was a lot of fun. Smiley

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March 30, 2014, 05:08:00 PM
 #28

Interesting fact, or atleast for me...thank you for the analysys.
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March 30, 2014, 06:33:28 PM
 #29

So far only 50, so little

ShareCoin:SUbSvA3BNhGzYWT4bK691hfLdYbSide9h1
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March 30, 2014, 06:51:16 PM
 #30

If you wanted to try and trace things yourself, blockchain.info is a good start.  Here's that first transaction:
https://blockchain.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

On the left, click on 'View Tree Chart':
https://blockchain.info/tree/15029

Note that this only goes one way, and doesn't identify what the transactions were for / who they came from/were to.
E.g. the recipient of that first 10BTC: https://blockchain.info/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
It doesn't say 'Hal Finney' anywhere.

Figuring all that out is where most of the work would be (delving through articles, forum posts, etc.).  Nice work, Taras!

https://blockchain.info/tx/ea44e97271691990157559d0bdd9959e02790c34db6c006d779e82fa5aee708e

https://blockchain.info/tx/0c0fcbeb927145b3746821d9da180d70bcadd9c12c68b2eba2cbf35d2fc3572d

https://blockchain.info/address/1MCwBbhNGp5hRm5rC1Aims2YFRe2SXPYKt

Quote
cgt - The EFF fights for your civil liberties in the digital world. Donate @ 1MCwBbhNGp5hRm5rC1Aims2YFRe2SXPYKt (source of bitcon address: https://www.eff.org/helpout#bitcoin)

https://bitcointalk.org/index.php?action=profile;u=4335

http://cgt.name/

https://www.google.com/search?q=%22Christoffer+G.+Thomsen%22+bitcoin&rlz=1C1CHFX_enUS549US549&oq=%22Christoffer+G.+Thomsen%22+bitcoin&aqs=chrome..69i57.1410j0j9&sourceid=chrome&espv=210&es_sm=122&ie=UTF-8
S4VV4S
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March 30, 2014, 08:22:20 PM
 #31

If you wanted to try and trace things yourself, blockchain.info is a good start.  Here's that first transaction:
https://blockchain.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

On the left, click on 'View Tree Chart':
https://blockchain.info/tree/15029

Note that this only goes one way, and doesn't identify what the transactions were for / who they came from/were to.
E.g. the recipient of that first 10BTC: https://blockchain.info/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
It doesn't say 'Hal Finney' anywhere.

Figuring all that out is where most of the work would be (delving through articles, forum posts, etc.).  Nice work, Taras!

WHAT?Huh

NO FEES?Huh

That's not good  Roll Eyes Roll Eyes Roll Eyes Roll Eyes

███████████████████████████████████████████████████
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███                   ███   ███     ███   ███       ███      ███   ███      ███        ▄▄███
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     ▀▀▀▀▀▀▀▀▀   ███
                ███
▌  .
irrational
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March 30, 2014, 09:04:34 PM
 #32

If you wanted to try and trace things yourself, blockchain.info is a good start.  Here's that first transaction:
https://blockchain.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

On the left, click on 'View Tree Chart':
https://blockchain.info/tree/15029

Note that this only goes one way, and doesn't identify what the transactions were for / who they came from/were to.
E.g. the recipient of that first 10BTC: https://blockchain.info/address/1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3
It doesn't say 'Hal Finney' anywhere.

Figuring all that out is where most of the work would be (delving through articles, forum posts, etc.).  Nice work, Taras!

WHAT?Huh

NO FEES?Huh

That's not good  Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Fees weren't a common thing until relatively recently. Not surprised in the least that the first transactions didn't have fees.

14Cow1HA12umeV3zdZXNmrE3TsnYaaf4Q5
smoothie
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LEALANA Monero Physical Silver Coins


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March 30, 2014, 09:09:11 PM
 #33

do we know exactly how much BTC satoshi owns?

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Taras
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March 31, 2014, 12:22:43 AM
 #34

do we know exactly how much BTC satoshi owns?
Sergio estimated 980k, but I'm trying to get a more "solid" figure.

5thStreetResearch
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March 31, 2014, 12:38:15 AM
 #35

As the first block ever spent (and for several days 100% of circulating bitcoins) it's interesting to see where all the coins wound up, and nice to know that we all probably have a little of their taint. Smiley
Comments?

You're a big fan of the taint huh?

Taras
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April 01, 2014, 09:08:53 PM
 #36

As the first block ever spent (and for several days 100% of circulating bitcoins) it's interesting to see where all the coins wound up, and nice to know that we all probably have a little of their taint. Smiley
Comments?

You're a big fan of the taint huh?
I'm not sure if that was a joke or not. Cheesy
Taint is an actual term in coin tracing.

boumalo
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April 01, 2014, 09:20:42 PM
 #37

do we know exactly how much BTC satoshi owns?
Sergio estimated 980k, but I'm trying to get a more "solid" figure.

He lost all his private keys and he didn't want to tell anybody because it would heart Bitcoin
Or he died
Or he didn't want to take advantage of its creation and thought it was best not to use the coins

Taras
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April 02, 2014, 02:14:33 AM
 #38

do we know exactly how much BTC satoshi owns?
Sergio estimated 980k, but I'm trying to get a more "solid" figure.

He lost all his private keys and he didn't want to tell anybody because it would heart Bitcoin
Or he died
Or he didn't want to take advantage of its creation and thought it was best not to use the coins
Any possible news of satoshi's coins would hurt Bitcoin.
They're gone? That's 1m btc wasted for eternity.
They're spendable? One person could ruin the market, and it could be called a pyramid scheme as a whole.
They're donated suddenly? That's a million btc about to be sold by charities to help people.
A little bit spent? Well now we know satosji can spend them all, which could kill us.
For now, no news is very good news.

CryptoPanda
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April 02, 2014, 06:12:49 AM
 #39

do we know exactly how much BTC satoshi owns?
Sergio estimated 980k, but I'm trying to get a more "solid" figure.

He lost all his private keys and he didn't want to tell anybody because it would heart Bitcoin
Or he died
Or he didn't want to take advantage of its creation and thought it was best not to use the coins
Any possible news of satoshi's coins would hurt Bitcoin.
They're gone? That's 1m btc wasted for eternity.
They're spendable? One person could ruin the market, and it could be called a pyramid scheme as a whole.
They're donated suddenly? That's a million btc about to be sold by charities to help people.
A little bit spent? Well now we know satosji can spend them all, which could kill us.
For now, no news is very good news.


Yup, solid points! This man is doing the smartest thing yet again!

e4xit
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April 02, 2014, 09:42:44 AM
 #40

Are you able to post the addresses of the two 'in-circulation' coins (where you left them on your chart) so that I can do a taint analysis of my own wallet addresses? Now I am interested to know!  Grin

If you don't have the private key for "your" bitcoins then you have no bitcoins.
There are a million bits in a bitcoin: 1 ฿ = 1,000,000 ƀ
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