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Author Topic: One of Satoshi's BTC address  (Read 17007 times)
koelen3 (OP)
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February 27, 2015, 07:14:19 PM
Last edit: March 06, 2015, 03:43:49 AM by koelen3
 #1

This seems to be one of his probable address
It still have 50 btc from 13 jan 2009 , i.e. 10 days after the first Genesis block was mined
Block number 264
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Just thought to share it with you guys Smiley

EDIT:
Found some more
So this is the Genesis block
http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
People have tipped into it for goodluck it seems Cheesy

https://bitcointalk.org/index.php?topic=70553.0


EDIT :
IT might belong to Hal Finney, as he said

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.
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February 27, 2015, 07:54:35 PM
 #2

What if another individual owns that address and forgot that he has 50 btc lying in there? Lost privkey are some of the issues why there are coins sitting around some addresses that cannot be recovered.  Sad

.
.HUGE.
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CASINSPORTSBOOK
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koelen3 (OP)
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February 27, 2015, 07:57:05 PM
 #3

What if another individual owns that address and forgot that he has 50 btc lying in there? Lost privkey are some of the issues why there are coins sitting around some addresses that cannot be recovered.  Sad

That might be the case, that's why i said probable
Genesis block was mined on 3rd jan and 1st block on 9 jan
How much people may have joined in 4 days ?
It might just be some team members which he had
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February 27, 2015, 08:12:42 PM
 #4

What if another individual owns that address and forgot that he has 50 btc lying in there? Lost privkey are some of the issues why there are coins sitting around some addresses that cannot be recovered.  Sad

That might be the case, that's why i said probable
Genesis block was mined on 3rd jan and 1st block on 9 jan
How much people may have joined in 4 days ?
It might just be some team members which he had

Never saw the word probable sorry. Cheesy It can be one of his teams though, seeing that it appeared near the genesis block.
Do you think someone still have some access to it? If the privkey was lost, then maybe it's goodbye 50 btc.

.
.HUGE.
▄██████████▄▄
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CASINSPORTSBOOK
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February 27, 2015, 08:28:02 PM
 #5

Hal finney was hashing as of block 70-> and he said he forgot about them first lot...

and back in those first few days of botcoin-qt 0.01 it was still alpha test stage and no one was considering them to have real value.. not till the imfamous bitcoinPizza event. thats when hoarding and trading really started

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 27, 2015, 08:40:22 PM
Last edit: February 27, 2015, 09:12:52 PM by redsn0w
 #6

Hal finney was hashing as of block 70-> and he said he forgot about them first lot...

and back in those first few days of botcoin-qt 0.01 it was still alpha test stage and no one was considering them to have real value.. not till the imfamous bitcoinPizza event. thats when hoarding and trading really started


People give to each "object" a value, and bitcoin has a big value not only in dollars. You are right, in the first days *bitcoins* were only a set of numbers that grew . . . nobody thought that it would have a great success.
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February 27, 2015, 09:11:51 PM
 #7

Its funny to see people sending coins to those addresses just for fun. More bitcoin wasted.
Here is another thread from the past about his coins;
https://bitcointalk.org/index.php?topic=175996.0

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February 27, 2015, 09:15:59 PM
 #8

This seems to be one of his probable address
It still have 50 btc from 13 jan 2009 , i.e. 10 days after the first Genesis block was mined
Block number 264
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Just thought to share it with you guys Smiley


The great question is:
will these bitcoins ever move or not?
Is he/she (are they) still alive or what?

We'll see maybe...
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February 27, 2015, 09:16:53 PM
 #9

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?
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February 27, 2015, 09:17:52 PM
 #10

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .
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February 27, 2015, 09:40:18 PM
 #11

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .
That was easy!

Cheesy
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February 27, 2015, 09:45:14 PM
 #12

Hmm.. Even if it was his, we would never fully know.

I just dont understand he can make something like this, and then just leave bitcoin.

He might have... He might havent.

We dont know.

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February 27, 2015, 09:51:00 PM
 #13

There is no way for us to know who he was, or what are his addresses. And even if we could, why would we want to know,
lets respect him enough not to pick around on what he may or may not own. He have us something awesome, lets be greatful for that

cheers
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February 28, 2015, 04:38:01 AM
 #14

Hal finney was hashing as of block 70-> and he said he forgot about them first lot...

and back in those first few days of botcoin-qt 0.01 it was still alpha test stage and no one was considering them to have real value.. not till the imfamous bitcoinPizza event. thats when hoarding and trading really started

The death of hal finney was a really big loss the the community , he was a great guy , i read of him before as how he was going up with satoshi and about how he mentioned satoshi to be a yound and hard working guy
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February 28, 2015, 04:39:46 AM
 #15

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

LOL hahah
than is that yours?
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February 28, 2015, 04:40:13 AM
 #16

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy
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February 28, 2015, 04:40:50 AM
 #17

who is satoshi
?

is creator btc system? or?  Huh
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February 28, 2015, 04:43:01 AM
 #18

Hmm.. Even if it was his, we would never fully know.

I just dont understand he can make something like this, and then just leave bitcoin.

He might have... He might havent.

We dont know.

We never know , as it's said , he has left his coins as they are for now , so am sure he won't be leaving them in one place but some many places , so it might be just lying around as one of them .
I remember seeing a post where "Satoshi sent himself some satoshis" Cheesy after the genesis block

There is no way for us to know who he was, or what are his addresses. And even if we could, why would we want to know,
lets respect him enough not to pick around on what he may or may not own. He have us something awesome, lets be greatful for that

cheers

We all do respect his privacy but it's just awesome seeing how such old coins are lying there, as i have been interested in some POS altcoins before , i was thinking how much would it stake if BTC had POS Cheesy
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February 28, 2015, 04:46:07 AM
 #19

who is satoshi
?

is creator btc system? or?  Huh

He is the creator of bitcoin who designed everything , it is unknown who he really is .
you can see his profile in here
https://bitcointalk.org/index.php?action=profile;u=3
Last active here 13 dec , 2010
Though it is believed he lurks the forum in some other name
You can read this wikipedia article for little more info
http://en.wikipedia.org/wiki/Satoshi_Nakamoto
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February 28, 2015, 05:28:02 AM
 #20

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.
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February 28, 2015, 05:30:02 AM
 #21

This seems to be one of his probable address
It still have 50 btc from 13 jan 2009 , i.e. 10 days after the first Genesis block was mined
Block number 264
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Just thought to share it with you guys Smiley

EDIT:
Found some more
So this is the Genesis block
http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
People have tipped into it for goodluck it seems Cheesy

https://bitcointalk.org/index.php?topic=70553.0


Nice info.

I sent an email to satoshi, hopefully he responds  Grin
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February 28, 2015, 05:40:02 AM
 #22

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy
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February 28, 2015, 05:45:44 AM
 #23

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy


No I sent it to his original email address satoshin@gmx.com.

They say that it's likely it's hacked though.
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February 28, 2015, 05:51:54 AM
 #24

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy


No I sent it to his original email address satoshin@gmx.com.

They say that it's likely it's hacked though.

Lol. good luck with that
Do let us know if you hear back though it's very unlikely
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February 28, 2015, 05:56:42 AM
 #25

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy


No I sent it to his original email address satoshin@gmx.com.

They say that it's likely it's hacked though.

Lol. good luck with that
Do let us know if you hear back though it's very unlikely

Yea it is extremely unlikely, but on the news they said that satoshi actually replied to an email.

Dunno who it is who sent the email though
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February 28, 2015, 03:49:14 PM
 #26

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy


No I sent it to his original email address satoshin@gmx.com.

They say that it's likely it's hacked though.

Lol. good luck with that
Do let us know if you hear back though it's very unlikely

Yea it is extremely unlikely, but on the news they said that satoshi actually replied to an email.

Dunno who it is who sent the email though


https://bitcointalk.org/index.php?topic=775174.0

It got compromised long ago
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February 28, 2015, 04:06:52 PM
 #27

Its funny to see people sending coins to those addresses just for fun. More bitcoin wasted.
Here is another thread from the past about his coins;
https://bitcointalk.org/index.php?topic=175996.0
Yup, meanwhile poor newbs don't get any tips.
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February 28, 2015, 04:12:39 PM
 #28

Its funny to see people sending coins to those addresses just for fun. More bitcoin wasted.
Here is another thread from the past about his coins;
https://bitcointalk.org/index.php?topic=175996.0
Yup, meanwhile poor newbs don't get any tips.

LOL, people are tipping to his address as good luck Cheesy Cheesy
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February 28, 2015, 10:07:16 PM
 #29

https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Interesting, why you decided to post this one?

Hmm CFB = satoshi , case resolved .

Nope! CFB = come-from-beyond
Cheesy Cheesy


No I meant that Cfb(come-from-beyond) = satoshi // just kidding , it is only a coincidence.

He is satoshi ? :O
We never know Cheesy


No I sent it to his original email address satoshin@gmx.com.

They say that it's likely it's hacked though.

Lol. good luck with that
Do let us know if you hear back though it's very unlikely

Yea it is extremely unlikely, but on the news they said that satoshi actually replied to an email.

Dunno who it is who sent the email though


https://bitcointalk.org/index.php?topic=775174.0

It got compromised long ago

Yeah I know. At least I can troll my friends saying "I got an email from satoshi!"
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February 28, 2015, 10:15:18 PM
 #30

People are tipping for blockchain advertising or hoping that satoshi will send them back some chips.

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February 28, 2015, 11:42:19 PM
 #31

People are tipping for blockchain advertising or hoping that satoshi will send them back some chips.
Yup people tend to check these addresses because they are famous and embed messages with their stuff for marketing.
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February 28, 2015, 11:45:22 PM
 #32

People are tipping for blockchain advertising or hoping that satoshi will send them back some chips.
Yup people tend to check these addresses because they are famous and embed messages with their stuff for marketing.

How can you do that?
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March 01, 2015, 03:41:16 AM
 #33

People are tipping for blockchain advertising or hoping that satoshi will send them back some chips.
Yup people tend to check these addresses because they are famous and embed messages with their stuff for marketing.

How can you do that?

As it seems , they are doing just for good luck
https://bitcointalk.org/index.php?topic=70553.0

but yes some just try to put up poblic message
For instance , you could go to blockchain.info wallet and go to custom Then just add your message to it !
The message will be at top as long as no one else sends a transaction, even then it will stay down there
As you can see here
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
A public note saying :
As corporations kills each other trying to succeed in the name of profit, wealth, and greed is reasons why your minds eye will bleed. Peace on Earth when will we see? When this ends humanities free...
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March 01, 2015, 03:45:18 AM
 #34

People are tipping for blockchain advertising or hoping that satoshi will send them back some chips.
Yup people tend to check these addresses because they are famous and embed messages with their stuff for marketing.

How can you do that?

As it seems , they are doing just for good luck
https://bitcointalk.org/index.php?topic=70553.0

but yes some just try to put up poblic message
For instance , you could go to blockchain.info wallet and go to custom Then just add your message to it !
The message will be at top as long as no one else sends a transaction, even then it will stay down there
As you can see here
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg
A public note saying :
As corporations kills each other trying to succeed in the name of profit, wealth, and greed is reasons why your minds eye will bleed. Peace on Earth when will we see? When this ends humanities free...

Lol. Good for advertising.
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March 01, 2015, 04:51:02 AM
 #35

Why are we all of a sudden trying to figure out which addresses are Satoshi's?
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March 01, 2015, 04:53:00 AM
 #36

Why are we all of a sudden trying to figure out which addresses are Satoshi's?

It's not sudden, anything related to satoshi always catches interest , even if it's not satoshi's , these coins are way way old
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March 01, 2015, 11:46:15 AM
 #37

i'm sure if bitcoin in that address start moving somewhere else, bitcoin world will be boisterous Cheesy
and markets start panic because they think satoshi will dump bitcoin in his possesion
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March 01, 2015, 02:32:53 PM
 #38

reading through the other people's comments, made me wonder if it is really one of the satoshi's addresses or just some early adopter who probably mined the 264 th block, got the reward in one of hos addresses and gave up bitcoin, since the price was too low.
if this is right we have a very sad person here who lost a great opportunity!

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March 01, 2015, 02:51:46 PM
 #39

i'm sure if bitcoin in that address start moving somewhere else, bitcoin world will be boisterous Cheesy
and markets start panic because they think satoshi will dump bitcoin in his possesion
It might rather be the case if they move , but that might mean that he is onto something bigger too Wink
reading through the other people's comments, made me wonder if it is really one of the satoshi's addresses or just some early adopter who probably mined the 264 th block, got the reward in one of hos addresses and gave up bitcoin, since the price was too low.
if this is right we have a very sad person here who lost a great opportunity!


It might be true but as it was stated the genesis block was on 3rd jan 2009 , the first block on 9th jan 2009
and for some months satoshi and some other starters were the only one who mined , maybe people like Hal Finney
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March 01, 2015, 04:57:01 PM
 #40

How do we know for sure these are Satoshi's old addresses? is there a way to tell?
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March 01, 2015, 06:38:45 PM
 #41

How do we know for sure these are Satoshi's old addresses? is there a way to tell?

No there is no way to tell if it's satoshi or even who actually own this
We don't even know if the guy who really owns this , remember about it anymore
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March 01, 2015, 07:33:54 PM
 #42

This seems to be one of his probable address
It still have 50 btc from 13 jan 2009 , i.e. 10 days after the first Genesis block was mined
Block number 264
https://blockchain.info/address/1CFBdvaiZgZPTZERqnezAtDQJuGHKoHSzg

Just thought to share it with you guys Smiley

EDIT:
Found some more
So this is the Genesis block
http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
People have tipped into it for goodluck it seems Cheesy

https://bitcointalk.org/index.php?topic=70553.0

Thanks for share. This is very old wallet, and looks like that addy not spend btc.
one of transaction come form "Twitter - DanMAbraham" satoshi friend Huh lol


~iki
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March 01, 2015, 10:08:22 PM
 #43

This sounds about right. I think a lot of people like to speculate about satoshi but ...
Satoshi appears to want to be left alone and we should respect that.
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March 02, 2015, 12:08:36 AM
 #44

Sending tips to Satoshi's addresses is like throwing pennies in a wishing well.
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March 02, 2015, 12:58:11 AM
 #45

Sending tips to Satoshi's addresses is like throwing pennies in a wishing well.

Yeah... That's what OP said.  Tongue

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March 02, 2015, 03:25:02 AM
 #46



Thanks for share. This is very old wallet, and looks like that addy not spend btc.
one of transaction come form "Twitter - DanMAbraham" satoshi friend Huh lol


~iki

Not necessarily , as stated people are /were just tipping for good luck Smiley

This sounds about right. I think a lot of people like to speculate about satoshi but ...
Satoshi appears to want to be left alone and we should respect that.


Yep! totally agree with that and respect the privacy of our GodFather Wink , am just sharing a souvenir Cheesy
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March 02, 2015, 04:52:32 AM
 #47

Where are others Satoshi's Btc located ? It would be nice for bitcoin holders if your coins lost forever
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March 02, 2015, 06:05:48 AM
 #48

It's just strange to think that Satoshi or Hall thought of those coins as we think of todays Satoshi's. {zero value}

It is sad that those coins are lost forever...  Sad  ..... If I was Satoshi, I would send it to a account owned by our MtGox King... shift all the spotlight onto the bad boys of bitcoin. {Let them explain}

This will be one of the biggest unsolved mysteries of the world. {Why leave such a huge treasure?} ---> dubbed the "Million coin mystery"  Grin Grin Grin

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March 02, 2015, 10:43:03 AM
 #49

It's just strange to think that Satoshi or Hall thought of those coins as we think of todays Satoshi's. {zero value}

It is sad that those coins are lost forever...  Sad  ..... If I was Satoshi, I would send it to a account owned by our MtGox King... shift all the spotlight onto the bad boys of bitcoin. {Let them explain}

This will be one of the biggest unsolved mysteries of the world. {Why leave such a huge treasure?} ---> dubbed the "Million coin mystery"  Grin Grin Grin


It is possible that this address belongs to Satoshi , though it's not sure.
Even if it is , they might probably not have forgetten or lost them , they are just lying there .
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March 06, 2015, 03:45:07 AM
 #50

Just found something
https://bitcointalk.org/index.php?topic=155054.0

the BTC addres might belong to Hal Finney , seeing how he says ,
When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.


It's sad we lost such a great person and may be those bitcoins along with him
may he Rest in Peace Smiley
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March 06, 2015, 03:54:15 AM
 #51

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

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March 06, 2015, 03:56:00 AM
 #52

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

I don't think someone does , but if you could find old address withing block 500 , i believe they belong to Hal or satoshi or maybe some else who took bitcoin in start
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March 06, 2015, 04:34:41 AM
 #53

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

Sergio Lerner has spent more time and effort than is really healthy tracking down which Bitcoin addresses belong to Satoshi.  You can read his opinions, and his reasoning/methodology, here. 

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

As best he can make out, Satoshi has something 1.14M bitcoins. 

As such, Satoshi has already made history, back when Bitcoin was poking its nose above $1000 per coin, as the first anonymous billionaire of the 21st Century.

But as far as I could tell, he only mined to secure the blockchain.  I don't think he has any interest in those coins.
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March 06, 2015, 04:57:19 AM
 #54

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

Sergio Lerner has spent more time and effort than is really healthy tracking down which Bitcoin addresses belong to Satoshi.  You can read his opinions, and his reasoning/methodology, here. 

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

As best he can make out, Satoshi has something 1.14M bitcoins. 

As such, Satoshi has already made history, back when Bitcoin was poking its nose above $1000 per coin, as the first anonymous billionaire of the 21st Century.

But as far as I could tell, he only mined to secure the blockchain.  I don't think he has any interest in those coins.

I wish someone had an estimate of how many of those coins did satoshi sell.
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March 06, 2015, 05:12:15 AM
 #55

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

Sergio Lerner has spent more time and effort than is really healthy tracking down which Bitcoin addresses belong to Satoshi.  You can read his opinions, and his reasoning/methodology, here. 

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

As best he can make out, Satoshi has something 1.14M bitcoins. 

As such, Satoshi has already made history, back when Bitcoin was poking its nose above $1000 per coin, as the first anonymous billionaire of the 21st Century.

But as far as I could tell, he only mined to secure the blockchain.  I don't think he has any interest in those coins.


Wow! that is amazing , thanks for the share man!
Though he mined to secure the blockchain at that time but we cannot deny that he have so much coins and they belong to him and seeing how great person he is , he won't just forget them , so he have them and is keeping them like a BOSS
Great Smiley
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March 06, 2015, 05:25:27 AM
Last edit: March 06, 2015, 07:02:31 AM by Kprawn
 #56

One day, when he becomes very sick of people misusing his creation, he will dump those coins onto the exchanges and flush the price of Bitcoin down the drain.

He will then donate all those earning to charity and "poof" ....be gone for the next 25 years.  Shocked

Those coins can do a lot of damage, and a lot of good at the same time.  Sad

If he ever decide to sell those coins, it would be seen as the biggest pre-mine anyway... and that would just be a sad day.

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March 06, 2015, 05:26:55 AM
 #57

Anyone know how many addresses Satoshi may have (from the beginning), I mean is there any talk about the beginning days beyond the white paper?

Sergio Lerner has spent more time and effort than is really healthy tracking down which Bitcoin addresses belong to Satoshi.  You can read his opinions, and his reasoning/methodology, here. 

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

As best he can make out, Satoshi has something 1.14M bitcoins. 

As such, Satoshi has already made history, back when Bitcoin was poking its nose above $1000 per coin, as the first anonymous billionaire of the 21st Century.

But as far as I could tell, he only mined to secure the blockchain.  I don't think he has any interest in those coins.

I wish someone had an estimate of how many of those coins did satoshi sell.

i doubt if satoshi has ever sold his bitcoins. you are comparing satoshi with any altcoin dev who mines and dumps the coin. if he has ever spend any bitcoin i am sure it was for giveaways.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 06, 2015, 07:00:11 AM
 #58

just thinking about mining 10k usd at today's rate every 10 minutes. 
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March 06, 2015, 07:23:52 AM
 #59

One day, when he becomes very sick of people misusing his creation, he will dump those coins onto the exchanges and flush the price of Bitcoin down the drain.

He will then donate all those earning to charity and "poof" ....be gone for the next 25 years.  Shocked

Those coins can do a lot of damage, and a lot of good at the same time.  Sad

If he ever decide to sell those coins, it would be seen as the biggest pre-mine anyway... and that would just be a sad day.


I don't think he will become sick of people , he made bitcoin and if people use it for bad purpose, it's not his mistake .
People will always exploit everything , that's why it's said nothing is perfect.
Though if someday he comes with his coin to sell or raise market , that will be an awesome day to watch.

i doubt if satoshi has ever sold his bitcoins. you are comparing satoshi with any altcoin dev who mines and dumps the coin. if he has ever spend any bitcoin i am sure it was for giveaways.

Yep! satoshi is the real deal Grin
just thinking about mining 10k usd at today's rate every 10 minutes. 

And how are you planning to do that?

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March 06, 2015, 07:30:14 AM
 #60

that's a lot of btc just wasted.

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March 06, 2015, 07:58:01 AM
 #61

It's just strange to think that Satoshi or Hall thought of those coins as we think of todays Satoshi's. {zero value}

It is sad that those coins are lost forever...  Sad  ..... If I was Satoshi, I would send it to a account owned by our MtGox King... shift all the spotlight onto the bad boys of bitcoin. {Let them explain}

This will be one of the biggest unsolved mysteries of the world. {Why leave such a huge treasure?} ---> dubbed the "Million coin mystery"  Grin Grin Grin

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...
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March 06, 2015, 10:59:45 AM
 #62

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

True.
But still, if it is proved to be Satoshi's address and he himself drops the price down being the inventor, then I think there might be some panic and some newer lows might be seen through people thinking that Satoshi is out of the game and is no more interested in his own coin.
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March 06, 2015, 11:18:37 AM
 #63

It's just strange to think that Satoshi or Hall thought of those coins as we think of todays Satoshi's. {zero value}

It is sad that those coins are lost forever...  Sad  ..... If I was Satoshi, I would send it to a account owned by our MtGox King... shift all the spotlight onto the bad boys of bitcoin. {Let them explain}

This will be one of the biggest unsolved mysteries of the world. {Why leave such a huge treasure?} ---> dubbed the "Million coin mystery"  Grin Grin Grin

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

Yah. Maybe he still has the control over those coins. Needless to say that he's also allowed to move them at his will.

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March 06, 2015, 11:52:38 AM
 #64

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

True.
But still, if it is proved to be Satoshi's address and he himself drops the price down being the inventor, then I think there might be some panic and some newer lows might be seen through people thinking that Satoshi is out of the game and is no more interested in his own coin.
It makes no sense. Satoshi spent a considerable amount of time developing Bitcoin and would probably not destroy Bitcoins especially after it became much more popular.

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koelen3 (OP)
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March 06, 2015, 12:01:15 PM
 #65

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

True.
But still, if it is proved to be Satoshi's address and he himself drops the price down being the inventor, then I think there might be some panic and some newer lows might be seen through people thinking that Satoshi is out of the game and is no more interested in his own coin.
It makes no sense. Satoshi spent a considerable amount of time developing Bitcoin and would probably not destroy Bitcoins especially after it became much more popular.

He surely have the controls over his bitcoin , he is Satoshi .
Why would someone , especially him , dump alot of BTC .
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March 06, 2015, 12:07:46 PM
 #66

Why do you think they're lost? because he hasn't moved them? he also hadn't signed onto any of his accounts for years, til the Dorian incident, but he resurfaced for a moment...

odds are he's still got control of those keys, he just hasn't saw fit to do anything with them...

I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

True.
But still, if it is proved to be Satoshi's address and he himself drops the price down being the inventor, then I think there might be some panic and some newer lows might be seen through people thinking that Satoshi is out of the game and is no more interested in his own coin.
It makes no sense. Satoshi spent a considerable amount of time developing Bitcoin and would probably not destroy Bitcoins especially after it became much more popular.

He surely have the controls over his bitcoin , he is Satoshi .
Why would someone , especially him , dump alot of BTC .


Did I say he would?
I just said that if he ever does, it would affect the value of Bitcoins a lot as most people are always watching his addresses and everything related to him.
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March 06, 2015, 12:23:25 PM
 #67

who is satoshi
?

is creator btc system? or?  Huh

He's the creator of Bitcoin, silly.No one knows his identity.He might be a group or only a person.Many peole says that Satoshi is Japanese because of his name and that's Satoshi Nakamoto.
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March 06, 2015, 02:14:35 PM
 #68

What if another individual owns that address and forgot that he has 50 btc lying in there? Lost privkey are some of the issues why there are coins sitting around some addresses that cannot be recovered.  Sad

Oh I would hate to be that person. lol.

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March 06, 2015, 03:54:23 PM
 #69

What if another individual owns that address and forgot that he has 50 btc lying in there? Lost privkey are some of the issues why there are coins sitting around some addresses that cannot be recovered.  Sad

Oh I would hate to be that person. lol.

That person might probably be Hal Finney , as he state to be mining after block 70
If he didn't revealed it to his family or friends , yup! lost them
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March 06, 2015, 03:57:04 PM
 #70


I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

I know that I've got a script running in the background on my own computer that will text message me the instant any of Satoshi's identified coins move.  

I expect major market movements (I wouldn't call it a "panic" but yes, major movements) because right now the assumption (with various degrees of confidence) that Satoshi will continue to not move those coins is built into the pricing structure.  In fact I bet the Winklevii and their sort, who cannot possibly conceive of someone being uninterested in spending any of his vast wealth, have assumed that because he hasn't, he can't.  

I have assumed that either he has burned his keys along with the "Satoshi" identity (if you don't want to be outed, you leave no clues, including keys.) or has refrained from using them, partly because moving any of his wealth would risk disclosing his identity, partly because he knows it would cause major movements in Bitcoin, and partly because I think he's genuinely uninterested in personal wealth.  He was talking about what Bitcoin could do for everybody, not what it could do for himself.

He is not the kind of person who would ever "lose" keys, I don't think.  But yes, there is a distinct possibility that he has deleted them, on purpose, when he walked away.
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March 07, 2015, 04:06:18 PM
 #71


I also don't know why people think that the moment those coins move, there'll be a panic... Satoshi's allowed to transact like the rest of us. And doubtless he knows that he can't just dump all his coins at once...

I know that I've got a script running in the background on my own computer that will text message me the instant any of Satoshi's identified coins move.  

I expect major market movements (I wouldn't call it a "panic" but yes, major movements) because right now the assumption (with various degrees of confidence) that Satoshi will continue to not move those coins is built into the pricing structure.  In fact I bet the Winklevii and their sort, who cannot possibly conceive of someone being uninterested in spending any of his vast wealth, have assumed that because he hasn't, he can't.  

I have assumed that either he has burned his keys along with the "Satoshi" identity (if you don't want to be outed, you leave no clues, including keys.) or has refrained from using them, partly because moving any of his wealth would risk disclosing his identity, partly because he knows it would cause major movements in Bitcoin, and partly because I think he's genuinely uninterested in personal wealth.  He was talking about what Bitcoin could do for everybody, not what it could do for himself.

He is not the kind of person who would ever "lose" keys, I don't think.  But yes, there is a distinct possibility that he has deleted them, on purpose, when he walked away.


First of all , what script are you using man! , can i get a copy?
Yes! there will surely be major market movements if the coins from Satoshi's wallet move but I don't think he has burned the keys , I don't believe in that people don't like Personal Wealth, Everyone does .
Though he may have refrained from using them but still i do not understand how would it(him using or moving his coins) would compromise his identity at all ?
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March 09, 2015, 07:18:13 AM
 #72


And how are you planning to do that?


hop in the delorean and mine with satoshi. pick up 50 btc every 10 minutes.
koelen3 (OP)
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March 09, 2015, 09:30:18 PM
 #73


And how are you planning to do that?


hop in the delorean and mine with satoshi. pick up 50 btc every 10 minutes.
I'm thinking of joining your plan. Any Seats?
Though actually satoshi ain't mining as we know.
OR who knows may be he owns a big pool somewhere?
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March 09, 2015, 09:38:13 PM
 #74

This is interesting topic. I have a feeling like in museum or somewhere I just can look to exhibition which is closed and is not possible to touch it, or use it Smiley
I can`t say if it`s funny or pitty. I have mixed felling about it.
Sure it`s good to have a look ... at least Smiley
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