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Topic: Does Satoshi still have plans to access his coins? - page 4. (Read 3897 times)

newbie
Activity: 42
Merit: 0
Well, I would imagine that he did have plans since he didn't move them yet.
He might have to do so soon though....

The Chinese are going after them: https://bitcointalksearch.org/topic/chinese-team-released-software-to-mine-satoshis-coin-1046243
legendary
Activity: 3206
Merit: 1069
at some point every one needs money. satoshi is no exception. it may be for personal use, or for another project. but the coins will definitely have a huge impact on the market once they start moving.

i think that a person like him is waiting for the bitcoin to be widely accepted before using it(directly), because I do not think he likes to convert in fiat, otherwise he would have not created bitcoin in the first place
full member
Activity: 350
Merit: 118
There is also the possibility that Satoshi could pass away and his or her estate would sell the coins in order to pay capital gains / and or inheritance taxes in some jurisdiction.

Capital gains/inheritance taxes wouldn't need to be paid if the BTC isn't converted into fiat. Satoshi could simply give his private keys to his children in the form of a paper wallet (although after mining for 1 year, it would probably resemble a book in his case).
legendary
Activity: 896
Merit: 1000
at some point every one needs money. satoshi is no exception. it may be for personal use, or for another project. but the coins will definitely have a huge impact on the market once they start moving.
legendary
Activity: 1540
Merit: 1016
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?

yes true guesses about Satoshi's wallet addresses is like to throw a stone into space, that is much hard to know about the Satoshi's plan about these coin or maybe that just a trap to keep involve people in it that Satoshi is out from bitcoin.

Satoshi is the most intelligent person and have a lot of addesses with much rich amount of bitcoin because he is early solo miner of the bitcoion. i think he will back in right time when bitcoin will be the leader of the all currencies.

what if he is working on something else instead, something bigger than bitcoin, or something that will work together with bitcoin but need an enourmous amount of coins to start

If it is so, then he will of course already be moving some of his coins for test out purposes but we dont see it moved yet so I guess no perhaps he is waiting for the value to rise up or atleast he will be only use it after the world acknowledge bitcoin as a currency and is used worldwide

I think no one know the truth about the "satoshi's bitcoin". I also think his bitcoin will never be moved or it will be a catastrophe.

Whatever you say, I 101% believe he is dead! How can it be moved when the owner already died?

You dont need the owner of the wallet to move the coins, you only need the private key but yes the owner of the wallet own the private key but if you know the private key than whoever the owner is doesnt matter
legendary
Activity: 1778
Merit: 1042
#Free market
I think no one know the truth about the "satoshi's bitcoin". I also think his bitcoin will never be moved or it will be a catastrophe.

Whatever you say, I 101% believe he is dead! How can it be moved when the owner already died?

I do not think satoshi is dead. Most probable he does not want to spend his bitcoin, or he lost the access to a large part of his fund.

sr. member
Activity: 252
Merit: 250
I think maybe he put it somewhere as a legacy for her children and grandchildren when experiencing a financial shortfall in the future. Cool
hero member
Activity: 518
Merit: 501
Error 404: there seems to be nothing here.
I think no one know the truth about the "satoshi's bitcoin". I also think his bitcoin will never be moved or it will be a catastrophe.

Whatever you say, I 101% believe he is dead! How can it be moved when the owner already died?
legendary
Activity: 1778
Merit: 1042
#Free market
I think no one know the truth about the "satoshi's bitcoin". I also think his bitcoin will never be moved or it will be a catastrophe.
hero member
Activity: 518
Merit: 501
Error 404: there seems to be nothing here.
Well i dont know why we guys are keep talking about satoshi coins ? Its his money no matter he moves or not . i bet he will move his coins in future as the price increases .

Lets Bet!  Cool
Satoshi is already dead! This is the truth!
full member
Activity: 193
Merit: 100
Well i dont know why we guys are keep talking about satoshi coins ? Its his money no matter he moves or not . i bet he will move his coins in future as the price increases .

Quote
Either that or he lost his keys maybe?

He did`nt lost his keys.
sr. member
Activity: 462
Merit: 250
Well, Satoshi didn't move his coins yet,
that means that he has a reason for that, I am sure there is a purpose.
Either that or he lost his keys maybe?
legendary
Activity: 3206
Merit: 1069
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?

yes true guesses about Satoshi's wallet addresses is like to throw a stone into space, that is much hard to know about the Satoshi's plan about these coin or maybe that just a trap to keep involve people in it that Satoshi is out from bitcoin.

Satoshi is the most intelligent person and have a lot of addesses with much rich amount of bitcoin because he is early solo miner of the bitcoion. i think he will back in right time when bitcoin will be the leader of the all currencies.

what if he is working on something else instead, something bigger than bitcoin, or something that will work together with bitcoin but need an enourmous amount of coins to start

I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?

and because of this it could be that he have dumped a big portion in the last big ATH of bitcoin, the fact that there are not proofs, does not mean that  he didn't
hero member
Activity: 686
Merit: 500
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?

yes true guesses about Satoshi's wallet addresses is like to throw a stone into space, that is much hard to know about the Satoshi's plan about these coin or maybe that just a trap to keep involve people in it that Satoshi is out from bitcoin.

Satoshi is the most intelligent person and have a lot of addesses with much rich amount of bitcoin because he is early solo miner of the bitcoion. i think he will back in right time when bitcoin will be the leader of the all currencies.
legendary
Activity: 1050
Merit: 1000
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?

yes true guesses about Satoshi's wallet addresses is like to throw a stone into space, that is much hard to know about the Satoshi's plan about these coin or maybe that just a trap to keep involve people in it that Satoshi is out from bitcoin.
Q7
sr. member
Activity: 448
Merit: 250
In the first place we don't know what happened to satoshi and neither do we know what's his plan in the future. Probably at the moment he just wants to stay low profile but when the right time comes when the bitcoin has gone mainstream he will need to use that again. Right now, we can continue to guess what's his intention.
hero member
Activity: 546
Merit: 500
Maybe Satoshi Nakamoto will perform an action at the right time. Hope he does something that can advance the bitcoin
hero member
Activity: 1582
Merit: 502
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it.  

Hell, we can not even know for certain WHICH are his addresses because he only mined alone for a while in the begining.
So he might have said he left, but not really.
You know what I am saying?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
I was doing some research on Counterparty and thought "Why didn't Satoshi "burn" his coins if he didn't have any intention to access them again?"

Nobody has any clue about Satoshi's intentions.

He might have earned enough in real life to not require the BTCs mined early on to sustain himself - thereby not moving the coins. He might have simply lost the private keys and so the coins can't be moved. He might have died and once again the keys lost. He may have mined later on to some addresses that we don't know about and spent from there.

We simply don't know enough to make even a relatively informed guess about Satoshi's intentions. All we know for sure is that some of the early block rewards haven't been touched - that's about it. 

Forget about what his intentions are.  But does Satoshi have plans to access his coins again?  What do you think?

No one knows for certain. Even though we come up with different intelligent guesses as to what will really happen in the future, we won't even get close to the actual answer because technically, we don't know anything about the person behind the name Satoshi Nakamoto. We don't even know what happened to him/her in the first place. But I have a strong feeling that the private keys were lost forever, be it intentionally or unintentionally.
hero member
Activity: 700
Merit: 500
Was "burning" coins a thing in the early days? Maybe he destroyed the private keys or deleted his wallet on purpose instead?

That sounds like the logical choice, proof of burn is the same as mining and deleting a private key
Both make the coins inaccessible.
That said satoshi is either dead or just rich and developed this system in his free time, I wonder sometimes if we will ever see the coins used but I guess true anonyminity comes at a painful economic cost.
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