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Author Topic: Why does "Satoshi" remain anonymous?  (Read 5065 times)
TheButterZone
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November 23, 2014, 04:44:17 AM
 #21

Satoshi is waiting for people like me to change their names to Satoshi so they can be Spartacus.

Saying that you don't trust someone because of their behavior is completely valid.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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AGD
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November 23, 2014, 07:31:00 AM
 #22

Why does Satoshi remain anonymous?

Because he is dead. Otherwise he would have been spending at least some of his 1000000 BTC since his disappearance.

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November 23, 2014, 08:37:25 AM
 #23

there he is:


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November 23, 2014, 09:32:36 AM
 #24

It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

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November 23, 2014, 10:16:16 AM
 #25

It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

Why? Because someone could steal his Bitcoins?

Bitcoin is not a bubble, it's the pin!
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November 23, 2014, 10:21:54 AM
 #26

Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink

Actually, the speculators would piss themselves in fear if the satoshi btc has moved. I think he knows very well that it would be the biggest crash if he touched those coins.

If he was motivated by making money, I think he would have cashed out already a long time ago.

Obviously there's a chance that he/she will move it, but I highly doubt that.
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November 23, 2014, 10:30:57 AM
 #27

Actually, the speculators would piss themselves in fear if the satoshi btc has moved.

Are not Satoshis bitcoin adresses unknown (except the first days when Satoshi was likely the only minner)  Huh
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November 23, 2014, 01:23:51 PM
 #28

Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink

Actually, the speculators would piss themselves in fear if the satoshi btc has moved. I think he knows very well that it would be the biggest crash if he touched those coins.

If he was motivated by making money, I think he would have cashed out already a long time ago.

Obviously there's a chance that he/she will move it, but I highly doubt that.

actually, if he moves the coins off-market, it probably wouldn't even be a huge crash. there would be a whirlwind of speculation and the price would probably go down a bit, but that's probably about it.
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November 23, 2014, 01:44:00 PM
 #29

Actually, the speculators would piss themselves in fear if the satoshi btc has moved.

Are not Satoshis bitcoin adresses unknown (except the first days when Satoshi was likely the only minner)  Huh

Even the first days is a significant amount.
He was mining 7200 BTC per day in the beginning.

Cryptography is one of the few things you can truly trust.
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November 23, 2014, 02:18:16 PM
 #30

It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

Why? Because someone could steal his Bitcoins?
That & exploiting information potentially harmful to Bitcoin (as we already know the success of BTC equals the downfall of modern banking).

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November 23, 2014, 02:20:13 PM
 #31

she don't love me

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November 23, 2014, 02:48:25 PM
 #32

It would be dangerous for both him & his family to reveal his identity.

Any smart man would do the same.

Why? Because someone could steal his Bitcoins?
That & exploiting information potentially harmful to Bitcoin (as we already know the success of BTC equals the downfall of modern banking).

If he is trying to protect his money by disappearing, why doesn't he spend at least some of it?
Aren't there better ways to protect your wealth? I mean, most of the "smart" rich people doesn't need to disappear and they are still alive.
Which "potentially harmful" information could that be on an open source project?


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November 23, 2014, 03:32:05 PM
 #33

I'm guessing if people really knew satoshi it would be bad for bitcoin because he has personality issues.

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November 23, 2014, 04:23:55 PM
 #34

Because he is simply smart, and it really dosen't matter if Bitcoin was made by Goverments it self because they have no control on it  Roll Eyes
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November 23, 2014, 04:55:59 PM
 #35

If Satoshi was alive, functional, and had the keys, it appears likely that he would have been constantly dividing, sending, and mixing his coins into randomly sized, multiple, more diverse, and less identifiable accounts.  

That he did not do this suggests that he is either dead, not interested in money (even though he created a currency), lost the keys, or feels an obligation not to debase or discredit the currency by spending the early mining proceeds.

The totality of his actions, even when he was active, suggests that he feels an obligation to the currency that he created.  In other words, perhaps he has integrity, if you can imagine such a thing.
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November 23, 2014, 05:21:52 PM
 #36

From what I read about him:
Satoshi just wasn't a social person. I am pretty sure, he even had some kind of psychosis.
So, he don't want any media attention about him self.

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November 23, 2014, 05:37:07 PM
 #37

If Satoshi was alive, functional, and had the keys, it appears likely that he would have been constantly dividing, sending, and mixing his coins into randomly sized, multiple, more diverse, and less identifiable accounts.  

That he did not do this suggests that he is either dead, not interested in money (even though he created a currency), lost the keys, or feels an obligation not to debase or discredit the currency by spending the early mining proceeds.

The totality of his actions, even when he was active, suggests that he feels an obligation to the currency that he created.  In other words, perhaps he has integrity, if you can imagine such a thing.

I strongly disagree with this. If he were to be constantly spending his mining proceeds by creating dummy transactions then every time he were to push a TX to the network then his IP address could potentially be exposed (even if he were to use TOR). Every transaction that he would push would potentially lead to his doxing. As a result he would not want to try to hide his identity by mixing his coins in this way.

My theory is that when he decides to one day decides to spend his bitcoin he will start a mixing service and use his own mixing service to mix his bitcoin. If he was to never spend his mining proceeds then he would have likely destroyed his bitcoin by now in a publicly verifiable way.

Satoshi does not want his identity known because of the attention that it would get him (just look at what happened to the poor guy from the newseek article last winter) and him not being anon would almost guarantee Bitcoin's failure.
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November 23, 2014, 05:41:40 PM
 #38

From what I read about him:
Satoshi just wasn't a social person. I am pretty sure, he even had some kind of psychosis.
So, he don't want any media attention about him self.

I prefer psychosis or transcendence:

http://www.kundaliniawakeningsystems1.com/downloads/kundalini-psychosis-or-transcendence.pdf

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November 23, 2014, 06:42:36 PM
 #39

Why does Satoshi remain anonymous?

I think because he has trillion dollars worth bitcoin and on which he don't wanna pay tax..  Wink

Actually, the speculators would piss themselves in fear if the satoshi btc has moved. I think he knows very well that it would be the biggest crash if he touched those coins.

If he was motivated by making money, I think he would have cashed out already a long time ago.

Obviously there's a chance that he/she will move it, but I highly doubt that.

actually, if he moves the coins off-market, it probably wouldn't even be a huge crash. there would be a whirlwind of speculation and the price would probably go down a bit, but that's probably about it.
I agree that if he were to start to move any bitcoin in any of his known addresses then there would by huge amounts of speculation and that people would put a lot of effort into trying to figure out where his money is going and trying to figure out his identity.

I would say that it could potentially cause at least a short term crash as people might speculate that he is about to sell a portion on exchanges (either directly on an exchange or OTC)

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November 23, 2014, 07:13:06 PM
 #40

From what I read about him:
Satoshi just wasn't a social person. I am pretty sure, he even had some kind of psychosis.

I prefer psychosis or transcendence:

Maybe he's Alan Greenspan's Tyler Durden.

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