bitsmichel
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October 17, 2014, 11:11:04 AM |
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why he disappear ? is he dead ? i don't find any reason that's why he disappear...if he comes future he will be ask to proof himself it would be awesome if he back to this forum with a topic like "time is over for hiding".
At the time, Wikileaks got into bitcoin and brought mass media attention. Satoshi wanted a quiet life, he did not want people coming for him or his BTC. After all, he is very rich It would have been nice to get this attention in any other context. WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.
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ticoti
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October 17, 2014, 11:59:47 AM |
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I Think that satoshi will never use that bitcoins. he must have other secret reserves of bitcoin unlinkable to him,and with a good amount to live. Looks at what happened when Dorian Nakamoto was linked to be satoshi,he was harassed by the media.
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Q7
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October 17, 2014, 12:34:14 PM |
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Wow. It's strange how he never spent any of his coins :/ If it was me I would have been giving them away to new comers in the first couple of months to get more people on board.. Back then people could give you thousands of bitcoins for fun. I guess satoshi was a little busy to do giveaways... Newcomers didn't need giveaways, anyway, just a CPU. Core (before it was Core) used to have a "generate BTC" option. Nobody was really thinking about setting up mining farms to take the ~7200BTC/day (worth ~$0.0000). If I know about Bitcoin at that time,I will mine it all day and night,unfortunately i missed it. If only i knew as well. Been daydreaming a lot about the 'what if' scenario. Oh. Never mind....Just live with the reality. Also it's a waste if these coins were not put to good use
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Walter Rothbard
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October 17, 2014, 03:08:25 PM |
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Also it's a waste if these coins were not put to good use Every permanently lost coin adds value to the rest of our coins.
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tss
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October 17, 2014, 06:54:55 PM |
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People assume satoshi is sitting on nearly 900K to 1000K bitcoins, but this simply isn't true.
He wasn't the only person that was mining in the early days, so there must be more people sitting on atleast 100K bitcoins that still have not touched their coins yet.
If the coins were mine I would definitely cashout a good bit of coins at the peak. Perhaps the guys can't access, or don't want to access their coins.
so at which peak would you have cashed out your coins?
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turvarya
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October 17, 2014, 09:48:01 PM |
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I don't think, Satoshi will cash out for 3 reasons: 1. Satoshi must have had a good education and a lot of time to invent Bitcoin. So, I think, he is already in a good financial state. I just see him as a person, who is happy with what he already has. 2. Cashing out, could really harm Bitcoins. I don't think a person who but that much effort into a project(might even be his life work) would risk that. I think, if he wanted to use his knowledge to get a lot of money, he would have found an easier way. 3. There were already good points in history to cash out, he could already have made some millions if he wanted to
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BTCevo (OP)
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October 17, 2014, 10:25:55 PM |
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If I had a time machine I would go back to january 2009 and mine the f!#k out of bitcoin lol
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Oldminer
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October 17, 2014, 10:36:12 PM |
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why he disappear ? is he dead ? i don't find any reason that's why he disappear...if he comes future he will be ask to proof himself it would be awesome if he back to this forum with a topic like "time is over for hiding".
Nobody knows for sure. "Satoshi" disappeared around the time now-Lead Gavin gave a presentation for the CIA (or FBI - I don't remember, anymore) a few years ago. That's right, because the circle was complete. All you gotta do to realise who 'satoshi' was, is join the dots.
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Minecache
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October 17, 2014, 10:53:06 PM |
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This guy doesnt want to be found. Why do you guys persist in tracking him down to the point of stalking?
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Dabs
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The Concierge of Crypto
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October 17, 2014, 11:06:11 PM |
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Satoshi is around. He's just lurking.
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BTCevo (OP)
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October 18, 2014, 12:16:02 AM |
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Satoshi is around. He's just lurking.
@Satoshi Say something dude! we miss you man! lol
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Remember remember the 5th of November
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Reverse engineer from time to time
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October 18, 2014, 12:24:34 AM |
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Blockchain.info was founded on 2009 january too ? there is a big chance that it's Satoshi then. since bitcoin wasen't really popular on it first month ? but how he got that amount of money , only by mining ? because it's not like bitcoin is hackable or something , not even for the bitcoin creator Blockchain.info was founded in 2012, if I remember correctly. Blockexplorer.com was made earlier.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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johnyj
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Beyond Imagination
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October 18, 2014, 06:33:22 AM |
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Judge from a normal people's financial behavior, it is very strange to maintain so many addresses, if he never combined those coins, then they will be spread among 200+ wallets (suppose that one wallet holds 100 addresses and each address holds 50 coins. Actually I don't know how many addresses the early version of wallets hold, if it can hold 20K addresses then he need only one wallet)
Nothing indicated that he combined at least some of those coins together. So he either hold large amount of wallets or he hold a special wallet that contains thousands of addresses, both are very strange scenario
Of course he could hope that when one satoshi reached parity with one dollar, each of those 50 coins will worth 5 billion dollars, like blocks of millions of USD when FED creates money. Then he do not need to combine them together
My guess is that he never really kept those coins, this will give him a much higher credibility over the system than he actually owns all those coins: From the creator's point of view, it is just a system, no matter it is fiat money or bitcoin. If the creator benefit from the system he created, then from academic point of view it is not enough convincing
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Orangina
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October 18, 2014, 06:38:25 AM |
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I don't see why he would want to Cashout , I'am pretty sure he is already rich with his knowledge in Programming etc. someone who is not looking for fame & money
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Spoetnik
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FUD Philanthropist™
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October 18, 2014, 12:15:41 PM |
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we don't like the actual topic too much eh guys ? lol
me i dunno if it's his just because it's old ?
i can't count how many times i have heard from older guys who said they had wallets with BTC in them and lost them.. i seen a story before about a guy who had a good amount and he had the PC sent to the landfill LOL and imagine how many dead hard drives are out there.
maybe satoshi had most of his coins sitting on drive that died that failed getting repaired ? could be a lot of theories really..
paranoid Japanese man ? Gavin or Nick or... ? i dunno but i lean more towards Nick myself from reports i have heard.
so how the hell do we find out accurately what the oldest address is and the one with the most coins ? 50 coins is not a lot ! and a LOT of guys got in early briefly and wandered off forgetting their passwords etc or maybe reformatted their HDD forgetting they had a .dat file in a roaming folder on windows.. an easy mistake to make !
i think he died some how or simply changed identities
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FUD first & ask questions later™
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UsernameBitcoin
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October 18, 2014, 01:29:41 PM |
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Ok, cool, in case you also found the private key, you can just pm me
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cexylikepie
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October 18, 2014, 02:08:38 PM |
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If I had a time machine I would go back to january 2009 and mine the f!#k out of bitcoin lol
i think about this almost every day lol
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hasherr
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October 18, 2014, 05:30:42 PM |
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If I had a time machine I would go back to january 2009 and mine the f!#k out of bitcoin lol
i think about this almost every day lol i was regular visitor around various tech forums and such when bitcoin just started, and i just ignored all stuff about bitcoin. I mean "money in my hard drive" wtf . I doubt i would understand tech behind btc few years ago as much as i do now, but still - its very likely my ignorance stabbed me badly.
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BTCevo (OP)
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October 18, 2014, 06:38:34 PM |
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If I had a time machine I would go back to january 2009 and mine the f!#k out of bitcoin lol
i think about this almost every day lol i was regular visitor around various tech forums and such when bitcoin just started, and i just ignored all stuff about bitcoin. I mean "money in my hard drive" wtf . I doubt i would understand tech behind btc few years ago as much as i do now, but still - its very likely my ignorance stabbed me badly. I vaguely remember hearing about bitcoin online back in 2009, I thought it was like play money or something and never bothered looking into it, then when I heard bitcoin was worth $1000 I couldn't believe how I missed out
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mnmShadyBTC
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October 18, 2014, 08:16:34 PM |
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Judge from a normal people's financial behavior, it is very strange to maintain so many addresses, if he never combined those coins, then they will be spread among 200+ wallets (suppose that one wallet holds 100 addresses and each address holds 50 coins. Actually I don't know how many addresses the early version of wallets hold, if it can hold 20K addresses then he need only one wallet)
Nothing indicated that he combined at least some of those coins together. So he either hold large amount of wallets or he hold a special wallet that contains thousands of addresses, both are very strange scenario
Of course he could hope that when one satoshi reached parity with one dollar, each of those 50 coins will worth 5 billion dollars, like blocks of millions of USD when FED creates money. Then he do not need to combine them together
My guess is that he never really kept those coins, this will give him a much higher credibility over the system than he actually owns all those coins: From the creator's point of view, it is just a system, no matter it is fiat money or bitcoin. If the creator benefit from the system he created, then from academic point of view it is not enough convincing
He has said that you should only use each address one time and to use a new change address each time you spend bitcoin. This would imply that he would never be able to combine his addresses together as doing do would violate that rule. He likely used multiple computers to mine at first (he could have used GPU mining in theory) and if this is true then he probably had one wallet for each computer.
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