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Author Topic: Has any of Satoshi's suspected wallets been used??  (Read 2328 times)
1Referee
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March 22, 2015, 03:47:41 PM
 #21

I still think Satoshi lost the private keys for those coins and he is currently busy inventing a NEW way to solve the public/private key pairing to undone the monster he created.  Shocked

I don't think he lost access to his wallets. He is educated and wise enough to not lose anything that has the potential to be worth a good bit of money.

Using the coins is quite difficult to do without being noticed, unless he has other wallets that no one can link to Satoshi.

One thing is sure, once the coins that we think belong to Satoshi start to move it may cause a good bit of drama  Cheesy
McVisual
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March 22, 2015, 04:00:27 PM
 #22

mine no.. still going safety and strong
acquafredda
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March 22, 2015, 04:14:35 PM
 #23

As I recall, the whole millions of BTC mined in the beggining stay where they are all the time.

and i bet they will never move.
But this sounds so strange.
Why on Earth keeping them for so long?
We could argue that:
a) he(them) lost the keys;
b) he (them) is (are) super rich already and then there's no need for that money;
c) just waiting
d) it's a big conspiracy

Is there something more?

I mean for me BTC idea is awesome, one of the best thing the internet era brought us so far.
But seing what are we doing with it I'm not that sure we fully understood the point of it.

Or maybe it's really too early.

We'll see.
Cryddit
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March 22, 2015, 04:23:29 PM
 #24

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.
sorryforthat
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March 22, 2015, 04:45:16 PM
 #25

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.

This is always overlooked.

Another factor could be that he doesn't require wealth because he already has plenty.

Secondly, those major wallets are just that and have been followed since the early days. No one knows whether or not he utilized pools when they were first implemented out of curiosity and had funds from that.
AtheistAKASaneBrain
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March 22, 2015, 04:54:45 PM
 #26

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.
Im sure he does, but he is the creator of Bitcoin: Who else is going to trust Bitcoin more than him? Thats why he is holding forever. It makes no sense to sell your coins.
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March 22, 2015, 05:31:37 PM
 #27

Probably. We would never know he probably has more than 5000+ addys
bri912678
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March 22, 2015, 06:11:21 PM
 #28

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.
I said this as one of my possibilities he has deleted them as he cares more about the development and advancement of bitcoin over personal wealth and I think this holds more water than any theory since he never cashed a single coin during the 1000$ phase making him worth a BILLION usd.

If he started moving large numbers of coins from addresses we are certain belong to him it would create panic. Increasing numbers of people would start panic selling as he moved increasing numbers of coins. Th price would probably crash to double/single digits if he moved a million coins. He would never be able to sell his whole stash for a billion USD.
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March 22, 2015, 06:48:19 PM
 #29

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.

This is always overlooked.

Another factor could be that he doesn't require wealth because he already has plenty.

Secondly, those major wallets are just that and have been followed since the early days. No one knows whether or not he utilized pools when they were first implemented out of curiosity and had funds from that.
This is a possibility or... I just thought of something that Satoshi write back in 2010. He said literally that he planned on creating a free bitcoin generator. When it gets too hard for mortals to generate 50 BTC, new users could get some coins to play with right away. Maybe he really has bitcoin generator?
And that is the reason he doesn't care much about spending bitcoin now.


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March 22, 2015, 07:09:42 PM
 #30


He probably never imagined that coins would be at the price they are at now.


I'm sure it was regarded as a possibility. There's no point in designing a monetary system from scratch without taking into account scaling it were it go beyond a few obscure mailing lists.

In retrospect, the prime unit should've been mbtc or lower from minute one. Human psychology when it comes to units is predictable and it should've been accounted for.
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March 22, 2015, 07:10:01 PM
 #31

Y'all seem to be ignoring the possibility that Satoshi does not give a crap about personal wealth.

This is always overlooked.

Another factor could be that he doesn't require wealth because he already has plenty.

Secondly, those major wallets are just that and have been followed since the early days. No one knows whether or not he utilized pools when they were first implemented out of curiosity and had funds from that.
This is a possibility or... I just thought of something that Satoshi write back in 2010. He said literally that he planned on creating a free bitcoin generator. When it gets too hard for mortals to generate 50 BTC, new users could get some coins to play with right away. Maybe he really has bitcoin generator?
And that is the reason he doesn't care much about spending bitcoin now.
He probably never imagined that coins would be at the price they are at now.

He could never have knew they would get to this price but that does not mean he would just leave them all and do nothing does it?

A ninja generator pumping out all the free coins he will ever need that is why he has not returned to the wallets, i think the idea about it being to destroy the mighty china is the best idea so far.

TC is the worse thing to happen to default, needs to open his eyes and not jump to conclusions, not everyone lies!!! Anyway as promised I have left, pass word changed to long random which I will forget like that plonker who ruined a perfectly fine account.
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March 22, 2015, 07:26:05 PM
 #32

everyone is kinda wondering about that where he is what hes doing .. i guess he will come out whenever hes ready or may be he never will there could be hundred reason behind his silence .... orrr he could be dead
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March 22, 2015, 07:31:42 PM
 #33

How would anyone know, we cannot see his wallets.

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March 22, 2015, 07:35:50 PM
 #34

I doubt he is dead, and I also doubt he has lost his keys... He will probably do something spectacular with his stash when time comes.

i doubt he is one person only, probably a a group of coders, so the death questions is out of the equation

they could have divided the total amount in multiple wallet one for each coder or something
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