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Author Topic: One of Satoshi's BTC address  (Read 17007 times)
lucasjkr
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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...
DeboraMeeks
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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.
dothebeats
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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.
ranochigo
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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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BC.GAME
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..CASINO....SPORTS....RACING..
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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 .
DeboraMeeks
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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.

koelen3 (OP)
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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.
koelen3 (OP)
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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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