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Topic: Are Satoshi's 1.5M coins viewable? (Read 1961 times)

legendary
Activity: 2366
Merit: 1204
The revolution will be digital
July 09, 2014, 04:58:57 PM
#45
He is smart enough that he will keep them hidden from general public, since it's safer for his life, his coins are worth a lot, so he will not gamble his life on public addy.

May be, most of the addresses listed here are owned by Satoshi.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
July 09, 2014, 04:05:19 PM
#44
He is smart enough that he will keep them hidden from general public, since it's safer for his life, his coins are worth a lot, so he will not gamble his life on public addy.
legendary
Activity: 2366
Merit: 1204
The revolution will be digital
July 09, 2014, 03:58:44 PM
#43
Yea, i wonder why does Satoshi do not move coins at all ? He is not even active now in the forum or anywhere else ?

Maybe he is dead?  People die everyday.  Walked out in front of a bus and his next of kin had no idea he was Satoshi.  Not saying that did happen but it could have happened.  Kinda hard to move coins or post on forums if you are dead.

Satoshi is not dead... at least till Mar 7, 2014 => http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186
newbie
Activity: 20
Merit: 0
July 09, 2014, 03:39:36 PM
#42
after 2140 the bitcoin cannot be mined

Transaction processing will still occur.  New blocks will still be created.  There just won't be a block subsidy any more.  Instead those creating blocks will get their revenue entirely from transaction fees.

so its mean that no bitcoin left to mine why?

Correct.  No new bitcoins will be created after that.

is the algorith set to it?

Yes.

and i want to know that after 2140 the bitcoin worth lower then 1 dollars or will raise from 1000 dollars.. ?

Everybody wants to know that.  None of us can predict the future.  There are no time traveling machines.

So basically after 210,000,000 its over lol.

Yes, thats the total suply.
newbie
Activity: 53
Merit: 0
July 09, 2014, 02:46:40 PM
#41
after 2140 the bitcoin cannot be mined

Transaction processing will still occur.  New blocks will still be created.  There just won't be a block subsidy any more.  Instead those creating blocks will get their revenue entirely from transaction fees.

so its mean that no bitcoin left to mine why?

Correct.  No new bitcoins will be created after that.

is the algorith set to it?

Yes.

and i want to know that after 2140 the bitcoin worth lower then 1 dollars or will raise from 1000 dollars.. ?

Everybody wants to know that.  None of us can predict the future.  There are no time traveling machines.

So basically after 210,000,000 its over lol.
full member
Activity: 224
Merit: 100
July 09, 2014, 02:38:23 PM
#40
The coins from satoshi went each block to a separate address/multiple addresses at the time of mining, so dont expect to see them all in one address.
So his coins are hidden and we can't track them really.

Most of his bitcoin were untouched, there is like nothing we can track...

why you guys want to see satoshi 1.5m coins? as he said that they are not in one addy.. but satoshi nakamoto mine first block to check the bitcoin algorithm or whatever and wants to check its working i see the first block but i forgot the link .. as sson as i got the link i will tell you .. And yeah there are total of 21M bitcoins have been already mined. and the mining will be stopeed on 2140 .. last coin will be mined in 2140  or so..
Please clear this if the last bitcoin mined in 2140 then the difficulty drops down?
legendary
Activity: 910
Merit: 1000
July 09, 2014, 06:02:31 AM
#39
The coins from satoshi went each block to a separate address/multiple addresses at the time of mining, so dont expect to see them all in one address.
So his coins are hidden and we can't track them really.

Most of his bitcoin were untouched, there is like nothing we can track...
legendary
Activity: 2296
Merit: 1014
July 09, 2014, 04:53:14 AM
#38
The coins from satoshi went each block to a separate address/multiple addresses at the time of mining, so dont expect to see them all in one address.
So his coins are hidden and we can't track them really.
hero member
Activity: 519
Merit: 500
July 09, 2014, 04:33:30 AM
#37
Many of the early mines sent each block reward to it's own new address.  You'll find thousands of addresses with untouched 50BTCs sitting in them.  Satoshi probably did something similar and has many "small" addresses.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 09, 2014, 04:04:23 AM
#36
If 1.5 Millions coins belong to the founder of bitcoin, that wouldn't be surprising because of the fact that he created and developed bitcoin during its early days. If you want to see those coins, i'll doubt you'll find it lying on a single address. That would create suspicion over bitcoin users Cheesy
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
July 09, 2014, 03:14:26 AM
#35
Thanks for the replies. It seems that Satoshi was a master of anonymity even before he knew how popular BTC would be. He sent his original mined coins to lots of different addresses. It's like he knew that this idea would be important.

Which forum did he mainly post on in the early days? Just this one, or were there other places?

Posted From bitcointalk.org Android App

He used to post here, but he posted the whitepaper somewhere else I believe.

Here is his bitcointalk account: https://bitcointalksearch.org/user/satoshi-3
full member
Activity: 224
Merit: 100
July 09, 2014, 02:32:43 AM
#34
No its a premine. No doubt about it. Bitcoins had one of the highest premine's ever. Only coins I know of had a bigger premine off the top of my head was the country coins that was popular a few months back.

Steve

Doesn't make sense, it is not premine, because you have the opportunity to mine, but you didn't
full member
Activity: 168
Merit: 100
June 29, 2014, 05:22:15 AM
#33
hello sorry i did not find any answers for you but i find the first bitoins blocked mine by satoshi for test the coin is it working good .. i have the addy and i think that addy is of satoshi.. its full of bitcoins about 1000 bitcoins in it.. Smiley
hero member
Activity: 625
Merit: 500
June 29, 2014, 01:19:50 AM
#32
That is some serious amount of BTC, if they all belongs to satoshi, he is some whealthy and clever guy. Clever anyway to create a BTC offcorse Smiley

well, he is wealthy should he decide to collect payment. but if he tried to sell/spend even a decent fraction of his BTC, the price would go to $0..... i'm thinking he "lost" the keys on purpose.

If the satoshi's coins are moved (but not sold on exchanges), IMHO, the price shouldn't be affected too much, but we will get a flood of "satoshi is back" posts everywhere and the story will hit mainstream media in a short period of time. Smiley
hero member
Activity: 625
Merit: 500
June 29, 2014, 01:14:44 AM
#31
Bitcoin wasnt pre-mined, that's just fud, and you can see all of satoshis coins on the blockchain. They haven't moved weirdly.

Yea, i wonder why does Satoshi do not move coins at all ? He is not even active now in the forum or anywhere else ?

That is one of the biggest mysteries in bitcoin, along with "who is satoshi" and "where is satoshi now". Tongue
sr. member
Activity: 294
Merit: 250
June 29, 2014, 12:54:35 AM
#30
That would be an elegant way to secure the network and ensure bitcoin's success. 

Win the game by throwing away the private keys to 1.5M BTC, ensuring your baby survives. 

Could be the end scene of a movie!
hero member
Activity: 658
Merit: 500
June 29, 2014, 12:23:51 AM
#29
That is some serious amount of BTC, if they all belongs to satoshi, he is some whealthy and clever guy. Clever anyway to create a BTC offcorse Smiley

well, he is wealthy should he decide to collect payment. but if he tried to sell/spend even a decent fraction of his BTC, the price would go to $0..... i'm thinking he "lost" the keys on purpose.
sr. member
Activity: 294
Merit: 250
June 28, 2014, 11:59:48 PM
#28
Thanks for the replies. It seems that Satoshi was a master of anonymity even before he knew how popular BTC would be. He sent his original mined coins to lots of different addresses. It's like he knew that this idea would be important.

Which forum did he mainly post on in the early days? Just this one, or were there other places?

Posted From bitcointalk.org Android App
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
June 25, 2014, 04:02:37 PM
#27
Yea, i wonder why does Satoshi do not move coins at all ? He is not even active now in the forum or anywhere else ?

Maybe he is dead?  People die everyday.  Walked out in front of a bus and his next of kin had no idea he was Satoshi.  Not saying that did happen but it could have happened.  Kinda hard to move coins or post on forums if you are dead.

imagine if he actualy sold on that 30$ spike in the early days, or 50$ on second one.

if he did walk infront of a bus, that would be the most obvious reason Smiley

regarding those coins on blockchain , you cant realy know who owns them, one can only guess
donator
Activity: 1218
Merit: 1079
Gerald Davis
June 25, 2014, 03:55:27 PM
#26
Yea, i wonder why does Satoshi do not move coins at all ? He is not even active now in the forum or anywhere else ?

Maybe he is dead?  People die everyday.  Walked out in front of a bus and his next of kin had no idea he was Satoshi.  Not saying that did happen but it could have happened.  Kinda hard to move coins or post on forums if you are dead.
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