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Question: Do you think Satoshi will ever spend his bitcoins?
Yes
No

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Author Topic: Do you think Satoshi will ever spend his bitcoins?  (Read 9360 times)
bigasic
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August 07, 2014, 11:10:52 PM
 #81

No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..
ensurance982
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August 07, 2014, 11:14:15 PM
 #82

So, do you think Satoshi will ever spend his bitcoins?
You can only answer with Yes or No on the poll. Got it?

This is going to be very interesting to see the results.
The reason there isn't a "maybe" is so that we can get a definite answer.

I don't think he is going to spend his Bitcoin! I think he sees this as some kind of experiment. Maybe he even decided for himself whether the experiment has already succeeded or whether it has failed. But I don't think he would jeopardize the outcome by interfering in such a way. I could even imagine, that he doesn't even own the keys for those addresses (anymore / has ever owned them)

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August 07, 2014, 11:16:45 PM
 #83

When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.


If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some...
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August 07, 2014, 11:24:48 PM
 #84

When Bitcoin becomes huge he will start moving them, but not before that because it would cause too much of a price panic and could crash the market. That smart of a man would not be dumb enough to lose his private key.


If he was so smart and greedy he would moved all his coins shortly after he mined the coins and randomly after this. This way no panic possible when he decides to sell some...
If he had moved his coins shortly after moving them, then it would still be obvious what his addresses are that he keeps his coins in.

I think he would need to spend them in reverse order that they were mined in (newest first) as the later coins that he mined are less obvious that they were mined by him, causing less of a potential disruption to the market.
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August 07, 2014, 11:30:34 PM
 #85

I think he will sell some of his bitcoins once he needs cash. Not that he sells of of 'em, I am just thinking about enough to make a living.
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August 07, 2014, 11:37:20 PM
 #86

No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

Get your TRI address on moordetro.it & add it to your cryptoprofile on ODDBANK.info ig: @curiousbank @oddb.io @humorless_profit twitter: @curiousbank
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August 08, 2014, 12:46:10 AM
 #87

No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

Whoa, this is something totally different. I like it Cheesy
rackcityb1
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August 08, 2014, 12:55:50 AM
 #88

No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  
No, I have never considered this. If a species was really this advanced then they could likely do whatever it is that they wanted to do without the trouble of making bitcoin.
lemfuture
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August 08, 2014, 12:56:56 AM
 #89

yes, when he decides to

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August 08, 2014, 01:01:54 AM
 #90

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

Mindblown.jpg
darkota
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August 08, 2014, 01:13:38 AM
 #91

No, because he forget where he put his wallet..

Now, wouldn't that be ironic if he lost his private keys to that wallet... Its happened many many times before..

Have you ever considered that Bitcoin was created by an advanced species of artificial intelligence who submitted the code to planet earth via long range satelite in an attempt to destabilize the ruling elite and develop a digital economy in advance of its colonization team traveling here now?

In that scenario, the coins would be spent after they acquire a value that would allow for global acquisitions and economic assimilation just slightly before landing.  

A species so advanced to have the tech to travel the lightyears to get to us without suffering serious adverse side effects(death from traveling lightspeed), wouldn't need bitcoin. They would be able to vaporize us in an instant.

Also, if Satoshi ever moved any of his bitcoin to spend/sell, that would probably be the collapse of Bitcoin....Price would drop 80%+ in a day from a move like that.
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August 08, 2014, 11:21:00 AM
 #92

I think he is not interested in it
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August 08, 2014, 02:26:02 PM
 #93

I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never.

jcoin200
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August 08, 2014, 02:35:23 PM
 #94

I don't think so. He hasn't spent any (except for one transaction with Hal) ever since up to now, I don't see him having any reason to actually touch any of his coins until at least a few decades from now, and maybe not even. The most likely answer is never.

It's probably possible he's well to do from other software/coding that hes done previously, and doesn't need them.  That's what I've assumed.
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August 08, 2014, 02:46:02 PM
 #95

i think the answer is yes . no one who create what they build and leave it and forget it .
he is not god . just amazing person.
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August 08, 2014, 02:50:45 PM
 #96

i think the answer is yes . no one who create what they build and leave it and forget it .

Lots of examples of good code out there. Open source. Original programmers have gone, but their software continues to be developed, or continues to be used, like abandonware.

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August 08, 2014, 03:59:41 PM
 #97

I beleve Im sure hes been mining and spending those coins and not spending the first bitcoins ever mined. Im sure he in a pool of miners or among us mining coins at this very moment

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August 08, 2014, 04:45:45 PM
 #98

may be he lost it?  Huh
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August 08, 2014, 04:48:07 PM
 #99

may be he lost it?  Huh

I think me even may have deliberately destroyed the keys or never even kept them somewhere. After all, he needed to keep the system going and just try out a few things. I don't know if he'd jeopardize his life's work by moving such amounts of BTC! The market would go crazy!

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Mayuyu48
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August 08, 2014, 04:49:48 PM
 #100

maybe Grin but i think he won't move first 10k block of bitcoin
are there anyone here watch / monitor some satoshi blocks of bitcoin?
if anyone notice that, bitcoin market will respond it with huge dumps

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