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Author Topic: Will Satoshi Nakamoto be world's first trillionaire ?  (Read 17110 times)
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Orangina
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September 12, 2014, 06:36:45 PM
 #121

Why is that lel , he is not known & I don't really see how he is making money from BTC .
Gnarrrly
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September 12, 2014, 06:48:32 PM
 #122

Rothchilds are, they just dont report it imo.
TwoCoins1Purse
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September 12, 2014, 08:32:05 PM
 #123

Rothchilds are, they just dont report it imo.

I wonder how much wealth and influence they would have if the world did transition to a digital currency economy
BTCINVESTOR
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September 12, 2014, 10:05:53 PM
 #124

Correct me if I'm wrong, but aren't Satoshi's bitcoins scattered among a huge number of individual addresses on the blockchain?

I think, knowing his nature, he likely was throwing them away into addresses that he was not keeping private keys for. Most of the coins were generated in the early days of bitcoin when they were hardly worth anything. I suspect he was throwing them away in an effort to provide an artificial scarcity in the coin, hoping it would make them more rare and desirable. Perhaps he second guessed himself in the early days, wondering if he had produced too many of them in the algorithm.

If he did want to keep them for himself, he would likely have tended to consolidate them into fewer addresses. I suspect they will never be used. He is the kind of guy that prizes efficiency and would have wanted an easier way to keep track of something like that don't you think?

Math based currencies will supplant all sovereign currencies over time. Buy them now.
edgar
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September 13, 2014, 05:10:13 AM
 #125

Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire.

The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure!

But, only 21,000,000 coins will exist.

If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire.

We can all be trillionaires, if we measure our wealth in grains of rice.

The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice.

maybe in the USA is a national concept/currency considered  'the common...'

do you honestly believe that europeans, australians, asians, africans et al, consider USD the common concept of ANYTHING?

i know you do, but it makes you ignorant of the rest of the worlds opinions and realities based upon your own myopic world view.


books. ftw.
belk
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September 16, 2014, 11:44:44 AM
 #126

Satoshi Nakamoto must be USD millionare

Satoshi Nakamoto isnt a millionaire or a trillionaire - Satoshi Nakamoto, I think, is more than 1 people.
gtraah
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September 16, 2014, 11:57:49 AM
 #127

I am not sure if he is one or more people, sounds to me from his writings that he is one guy, but who knows. There is one thing I don't believe for a SINGLE second is that he mined 1 million BTC on his own.  More than just a few people started mining the first year. This 1 million rumor keeps coming back around and around and doesn't seem to get through to anyone, calculations were done which make it very improbable that he actually mined 1000 000 on his own, I do not understand why people still assume it after giving it some logical thought.
giveBTCpls
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September 16, 2014, 04:38:02 PM
 #128

Families like Rothchilds are sitting on trilli's... of course you don't see them in magazines like Forbes because it would actually be bad for them. Why become a target? they keep doing their thing in the shadows.

tzortz
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September 16, 2014, 08:58:25 PM
 #129

He deserves it to be one.

All is Mine!

1H7LUdfx9AFTMSXPsCBror3RDk57zgnc2R
exocytosis
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September 16, 2014, 09:07:00 PM
 #130

Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then.

Then he'll have to start a new Ponzi scheme.
Velkro
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September 17, 2014, 07:50:36 AM
 #131

time will tell
only it
halfbitcoin
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September 17, 2014, 08:10:19 AM
 #132

If he will be trillionaire, I will have some real money, so I'm hoping it.
OrientA
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September 17, 2014, 08:55:06 AM
 #133

1 million BTC will be 1 trillion USD. But I doubt Satoshi will live that long to see it.
BitCoinDream
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September 17, 2014, 09:12:15 AM
 #134

Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then.

Then he'll have to start a new Ponzi scheme.

Do u know when a scheme is called Ponzi ? It needs to commit a return on a certain investment whilst paying old investors with the investment of new investors and having no real business to grow the investment value. Please tell me, where do u see Bitcoin to satisfy this condition ?

OrientA
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September 17, 2014, 10:04:51 AM
 #135

Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then.

Then he'll have to start a new Ponzi scheme.

Do u know when a scheme is called Ponzi ? It needs to commit a return on a certain investment whilst paying old investors with the investment of new investors and having no real business to grow the investment value. Please tell me, where do u see Bitcoin to satisfy this condition ?

I do not think he understands what a Ponzi is. BTC is useful. It is just not an investment.
lamaze
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September 18, 2014, 07:22:06 AM
 #136

Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.
78lower01
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September 18, 2014, 07:27:27 AM
 #137

Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.

We know he was a single person and btw I think also that he is here reading us.
OrientA
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September 26, 2014, 03:40:21 PM
 #138

Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.

We know he was a single person and btw I think also that he is here reading us.

...and laughing hilariously Wink

He is not so low.
BitCoinDream
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September 26, 2014, 04:08:00 PM
 #139

Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.

We know he was a single person and btw I think also that he is here reading us.

...and laughing hilariously Wink

He is not so low.

Why do u think that laughing hilariously in private at the childish behavior of some individual is something low ?

newIndia
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September 29, 2014, 06:48:20 PM
 #140

Satoshi Nakamoto must be USD millionare

Satoshi Nakamoto isnt a millionaire or a trillionaire - Satoshi Nakamoto, I think, is more than 1 people.

If he is a single person, then he is definitely an USD millionare now. But the way price is falling, I'd wonder if he can become a Billionaire soon... forget being trillionare for the moment Smiley

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