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Author Topic: Satoshi's secret bitcoin stash  (Read 1262 times)
K210 (OP)
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December 06, 2014, 07:23:24 AM
 #1

Is it possible that satoshi continued to mine after his disappearance in late 2010? If so satoshi could potentially have more than 1 million bitcoin. Maybe he sold the bitcoin from the later blocks during the last bubble, this way he could sell his coins without being found out.
Oscilson
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December 06, 2014, 09:52:36 AM
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It is possible.
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December 06, 2014, 10:06:19 AM
 #3

Even if he can, why would he want to do that right now and having to invest in all those high equipment? He probably would have stashed millions of coins during the initial stage and done when the difficulty was low using only cpu. Probably right now after having sold a small quantity when the price was high he's now just there enjoying his or her time. I might be wrong though cause no one knows who, what, where Satoshi is right now.

jdbtracker
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December 06, 2014, 12:23:48 PM
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I believe Sergei Burkov was analyzing this and determined that there was no mining after Satoshi reached 1 million coins.
The network hashing it went cold, but wow, that's a lot of coins. someone would have to do a comprehensive analysis of the hashing power to know for sure.
But it's likely they didn't, things were starting to get rolling back then.

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December 06, 2014, 12:42:52 PM
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Again people assume he has 1 million coins, which might not be the case at all.

There were plenty of early miners who had scooped up tens of thousand Bitcoins in the very beginning.

Currently the sleeping coins who haven't been touched belong to different people, not only Satoshi.
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December 06, 2014, 03:00:01 PM
 #6

So much assumption, why not just leave him alone. He's not causing anyone any trouble?

bitcoinmining
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December 06, 2014, 04:27:48 PM
 #7

Here is the distribution of bitcoin around the world: https://bitcointalk.org/index.php?topic=316297.0

Top 500 Richest in Bitcoin: https://bitcointalk.org/index.php?topic=321265

Satoshi already had BTC980,000, what else are you searching for?
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