During the 2009-2015 years those who have started mining but weren't believing in Bitcoin were throwing their mining machines in trash.
So maybe millions of Bitcoins are lost forever.
Topic: COULD SATOSHI NAKAMOTO BE HOLDING 2.2 MILLION BITCOINS? - page 2. (Read 2449 times)
again this thread, it was already debunked the holding of satoshi which was initially estimated to be 1M, not 2.2 which is impossible, because to reach that amount you must mine for year alone
ant his was not possible because after few month other joined the mining activity
ant his was not possible because after few month other joined the mining activity
Forget Satoshi. Worry about the people who can dump. What of the Bitcoin whales like Roger Ver or Mircea Popescu? If the blockchain splits, will we have a dumping war happen? Does anyone know where they stand and what side they are on?
someone who hold such a massive amount of bitcoin (2.2 million or 5.1 billion dollar) is not stupid enough to publicly announce it, specially not on a platform like youtube.
first thing that is going to happen to him is that he will start being the target of hackers, thieves and other scumbags both online and offline. they may even attack him with machine guns!
second thing that will happen to him is that he will start being the target of the government and also the tax man. government wanting to know the origin of the coins, ... and the tax man wanting his share of the money.
so think again about the truthfulness of this. and try to think about "why he is pretending to have that much and what he is gaining from this online public stunt"
first thing that is going to happen to him is that he will start being the target of hackers, thieves and other scumbags both online and offline. they may even attack him with machine guns!
second thing that will happen to him is that he will start being the target of the government and also the tax man. government wanting to know the origin of the coins, ... and the tax man wanting his share of the money.
so think again about the truthfulness of this. and try to think about "why he is pretending to have that much and what he is gaining from this online public stunt"
Let's see the video. Let's get an identical signed message with the date included from each and every address in this (fake) video (that you'll never post because this is all made up bullshit).
This is a click bait of the author (not OP) we know they are monetizing views and click of every video they created. this time they target cryptocurrency people and since the group is huge and lots of people are interested on Satoshi holdings, the curiosity will bring these people to click the video and that is automatically earnings for the creator of video.
Anyway it is obvious that it was a fake and all bullshit.
What we only know is that he holds a good amount of bitcoins due to him mining for some time before releasing/publicizing bitcoin. But lets assume he holds 2 million btc. That's alot of money, yes. But if you compare the 2 million to the maximum bitcoin cap, it's quite irrelevant. Not like that certain altcoin whereas the founder holds around 60% of the supply.
Is there a possibility that Satoshi Nakamoto is holding a huge amount of BTC? Maybe around 2.2 Million? Hope to hear what are your thoughts about this.
What if I can post a video of someone holding 2.2Million Bitcoins, will this help? Or do you know also someone (must be an individual) who holds more bitcoins than the one I will be showing you in a video? (I will post the link once I get some responses).
What if I can post a video of someone holding 2.2Million Bitcoins, will this help? Or do you know also someone (must be an individual) who holds more bitcoins than the one I will be showing you in a video? (I will post the link once I get some responses).
what does someone with a video claiming to have 2.2 million bitcoin have anything to do with Satoshi and how much bitcoin Satoshi owns, I fail to see the relationship.
and the said video is only valid if the person signs a message with timestamp and a clear text showing it is for the purpose of that video and share that signed message. any other thing is invalid and can easily be faked.
i think no one will know how much satoshi nakamoto holding bitcoin in his wallet because we don't know who is he, where he live and he don't said anything in the early of the bitcoin project. so i think maybe he don't let people know the exact amount of bitcoin that he have and let people guessing the real amount he have.
We can mate you are just a lazy sorry ass spammer without spending time on other things than spamming, you could start from the first mined Block and click next more than 20,000 times, though there are some of the block rewards already spent when you go higher than 19,000 blocks
That would mean not 1M. all his miner names is unknown and we still have a miner with the name of unknown, he's still mining that sneaky
Satoshi.
https://bitcointalksearch.org/topic/satoshis-fortune-lower-bound-is-100m-usddebate-going-on-do-not-tweet-175996
all the old timers disproving even the 1 million figure
all the old timers disproving even the 1 million figure
That's an interesting thread, would like to point out a couple of quotes.
1. Satoshi mined almost alone from 1/3/2009 to 1/25/2010 (block 0 to block 36288).
He did not. I mined during that time— so did many other people I've talked to. As you're probably aware the original software mined _very_ slowly, and contemporary hardware was slow. Heck even a fairly current machine with state of the art software can just barely do enough hashrate for difficulty 1. (and god, before more handout requests come: Bitcoin was worthless then, the software was annoying windows-gui only— I ran it in wine+vncserver, and I didn't keep my original wallet)As many have pointed out it is unlike Satoshi was a single person. So the idea there is a single $100M winner is dubious. When you remove the effect of other Satoshi miners the "satoshi share" is much smaller. If you then divide that among multiple participants it is likely the initial adopters have tens of thousands of coins and could sell them for millions. Say "Satoshi" mined half the coins, and Satoshi is 10 people, and a third of them have been sold. Oh noes each creator has ~80,000 BTC. BTC which is worthless unless the economy continue to expand. I don't lay awake fearing what the creators will do with their wealth. If they wanted to dump it they had plenty of opportunity especially last week. Note: before this gets misquoted I am not saying each creator has 80,000 BTC but it is just as plausible as the $100M headline number.
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.
That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
[edited slightly]
That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
[edited slightly]
Bitcoin and me (Hal Finney), https://bitcointalksearch.org/topic/bitcoin-and-me-hal-finney-155054
It is believed that Satoshi has around 1 million bitcoins, it is not a fact or a statement backed by evidence, random guess. It might be true or false. Is it possible to track down each and every address owned by Satoshi? No. Does Satoshi still have private keys of all his addresses? Don't know. Since the Genesis block was mined until today bitcoin has gone through several phases of highs and lows. It is possible that Satoshi might have sold his coins during one of these phases or might still be holding it, but we don't know. Most importantly is Satoshi an individual or a group of individuals? We have no idea.
A lot of assumptions can be made, but it is not worth anything unless it is backed by a solid research/evidence. I personally don't care how much bitcoins Satoshi have or not.
I thought it was suppose to be transparent ? Or we will never know how much a particular person holds ?
You will never know and thats the essence of bitcoins anonymity. I didnt still watched up the video link but thinking or talking about 2.2 million holdings then it would be insane and even satoshi wont even accumulate that coins even he will solo mine just like been mentioned above there are lots of miners on the earliest days which means 2.2m would be unbelievable. But who knows since anyone could claim that they hold up that coin.
I thought it was suppose to be transparent ? Or we will never know how much a particular person holds ?
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i think no one will know how much satoshi nakamoto holding bitcoin in his wallet because we don't know who is he, where he live and he don't said anything in the early of the bitcoin project. so i think maybe he don't let people know the exact amount of bitcoin that he have and let people guessing the real amount he have.
Let's see the video. Let's get an identical signed message with the date included from each and every address in this (fake) video (that you'll never post because this is all made up bullshit).
Just post the video. Why hide it if you want our opinion?
2.2 million seems quote specific for such an allegation. Where did you get that information from? And don't say that video because a video can easily be edited.
The figure seems to grow by the year.
Quite the performance for someone who hasn't been around for years haha.
Quite the performance for someone who hasn't been around for years haha.
Does the hive think Satoshi is a person or entity?
Where the hell did you get that number from?
He only could have got that much if he mined completely alone for about a year.
There were other miners in the very early days. Only a few, but a few is all it would need to take away many of satoshi's coins.
Read this blog post, which suggests that satoshi mined approximately 1 million coins.
He only could have got that much if he mined completely alone for about a year.
There were other miners in the very early days. Only a few, but a few is all it would need to take away many of satoshi's coins.
Read this blog post, which suggests that satoshi mined approximately 1 million coins.
Oh I see.. Okay I will read that post. So estimated is 1 Million was only mined on the early days by Satoshi. Çoz Satoshi is anonymous right? Coz I've seen a video where someone holds 2.2 Million Bitcoins. In the video, he/she used Bitcore wallet.
https://bitcointalksearch.org/topic/satoshis-fortune-lower-bound-is-100m-usddebate-going-on-do-not-tweet-175996
all the old timers disproving even the 1 million figure
all the old timers disproving even the 1 million figure
Is there a possibility that Satoshi Nakamoto is holding a huge amount of BTC? Maybe around 2.2 Million? Hope to hear what are your thoughts about this.
What if I can post a video of someone holding 2.2Million Bitcoins, will this help? Or do you know also someone (must be an individual) who holds more bitcoins than the one I will be showing you in a video? (I will post the link once I get some responses).
I think that Satoshi has around a million BTC at most right now, I'm in agreement with the post from Iranus since it's the only number I have ever heard talked about on this forum and even on other articles I have read. It would make sense for him to have around 1M, and that was mostly just propagating the network till other people took over.What if I can post a video of someone holding 2.2Million Bitcoins, will this help? Or do you know also someone (must be an individual) who holds more bitcoins than the one I will be showing you in a video? (I will post the link once I get some responses).
While he may be holding a huge amount of Bitcoin, I don't think it is 2M coins, and I don't even know if he has access to them anymore.
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