Topic: If Satoshi Nakamoto wanted to collect his keys, how would he do it? (Read 2578 times)

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Bitcoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.
It also rules out the possibility of Satoshi disrupting the market with his holdings in future.

i would love to see a million coins in 1BitcoinEaterAddressDontSendf59kuE

sgk

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Quote from: seriouscoin on January 27, 2015, 01:36:44 AM

why would you expect a retard to make any sense?

Come on now

I might even start trolling him now... an eye for an eye

Eastfist

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Quote from: sgk on January 27, 2015, 01:34:50 AM

Quote from: CoinCidental on January 27, 2015, 01:31:04 AM

Quote from: Eastfist on January 27, 2015, 01:25:05 AM

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.

Tomato / tomato....

I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."

Perception is everything.

seriouscoin

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Quote from: sgk on January 27, 2015, 01:34:50 AM

Quote from: CoinCidental on January 27, 2015, 01:31:04 AM

Quote from: Eastfist on January 27, 2015, 01:25:05 AM

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.

Tomato / tomato....

I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."

why would you expect a retard to make any sense?

Come on now

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: CoinCidental on January 27, 2015, 01:31:04 AM

Quote from: Eastfist on January 27, 2015, 01:25:05 AM

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.

Tomato / tomato....

I know, but the OP doesn't make any sense when he says "If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less."

CoinCidental

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Activity: 1316

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Si vis pacem, para bellum

Quote from: Eastfist on January 27, 2015, 01:25:05 AM

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.

Tomato / tomato....

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: Eastfist on January 27, 2015, 01:25:05 AM

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

Losing private keys to Satoshi's coins do not make them value-less. It only makes them inaccessible.

Eastfist

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Activity: 210

Merit: 100

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Biycoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.

Think about the apple and the tree. If the tree doesn't have any value, then the apples won't have value. "Value" is a made up thing, it's pure perception. If people found out Satoshi's cache was value-less, perception-wise, then Bitcoin is value-less.

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: Eastfist on January 27, 2015, 01:10:27 AM

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

If the key is lost and Satoshi's million-BTC stash becomes value-less, Bitcoiners will be more than happy.

In Satoshi's own words, it makes everyone else's Bitcoins more valuable. Think of it as a donation to everyone else.
It also rules out the possibility of Satoshi disrupting the market with his holdings in future.

Eastfist

full member

Activity: 210

Merit: 100

Quote from: Eastfist on January 27, 2015, 12:54:22 AM

But Satoshi was just a boy and he didn't take the key with him.

The key, huh?

Bitcoiners better hope that "key" isn't lost. That would make Satoshi's stash value-less, wouldn't it?

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: hyphymikey on January 27, 2015, 12:23:34 AM

Satoshi was the core team at the beginning! Lmao! You have no idea how bitcoin works do you?

Satoshi and Hal were the first two miners, their computers made coins and the clients they used, the only 2 clients on the network at the time were making coins. Satoshi's and Hal's wallets stored the private keys to each of their coins that they mined. No core dev team has the keys. This core team you made up out of thin air did not mine a bunch of coins and then said "hey Satoshi, these are for you, let me know when you want them!" After Satoshi and Hal mined a little while a third miner started mining, then the fourth and so on. The first bitcoin transaction ever was from Satoshi to Hal, which proves that Satoshi had his keys the whole time! So quit trolling and go educate yourself, all you are doing is proving to everyone that you are an idiot.

The first million or so btc have never been touched or moved or traded so maybe satoshi never bothered to keep the keys because this was a year or two before 10,000btc for a pizza time......

Its possible he didn't bother to save them since it was just an experiment and btc had no monetary value back then.... Or he could be dead and the are lost forever...

Eastfist

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Quote from: hyphymikey on January 27, 2015, 12:23:34 AM

Satoshi was the core team at the beginning! Lmao! You have no idea how bitcoin works do you?

Satoshi and Hal were the first two miners, their computers made coins and the clients they used, the only 2 clients on the network at the time were making coins. Satoshi's and Hal's wallets stored the private keys to each of their coins that they mined. No core dev team has the keys. This core team you made up out of thin air did not mine a bunch of coins and then said "hey Satoshi, these are for you, let me know when you want them!" After Satoshi and Hal mined a little while a third miner started mining, then the fourth and so on. The first bitcoin transaction ever was from Satoshi to Hal, which proves that Satoshi had his keys the whole time! So quit trolling and go educate yourself, all you are doing is proving to everyone that you are an idiot.

LOL. Were you there?

Bitcoin was implemented by Hal Finney and "The New Kids on the Block", a group of boys. But Satoshi was just a boy and he didn't take the key with him. One of the other boys has it.

hyphymikey

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Satoshi was the core team at the beginning! Lmao! You have no idea how bitcoin works do you?

Satoshi and Hal were the first two miners, their computers made coins and the clients they used, the only 2 clients on the network at the time were making coins. Satoshi's and Hal's wallets stored the private keys to each of their coins that they mined. No core dev team has the keys. This core team you made up out of thin air did not mine a bunch of coins and then said "hey Satoshi, these are for you, let me know when you want them!" After Satoshi and Hal mined a little while a third miner started mining, then the fourth and so on. The first bitcoin transaction ever was from Satoshi to Hal, which proves that Satoshi had his keys the whole time! So quit trolling and go educate yourself, all you are doing is proving to everyone that you are an idiot.

Eastfist

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Merit: 100

Quote from: tss on January 26, 2015, 11:52:24 PM

just send an email to the core devs. they should be able to help you get all of satoshi's keys

What's their contact info?

tss

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just send an email to the core devs. they should be able to help you get all of satoshi's keys

jyakulis

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J

Quote from: Eastfist on January 26, 2015, 08:45:59 PM

Quote from: Eastfist on January 26, 2015, 07:54:28 PM

Satoshi was never in possession of the keys. Therefore, the original team still has them (unless they destroyed them).

Then he never "owned" any bitcoins and these "original team" members are the actual "owners".

I'm certain I'm responding to nonsense though.

It's a matter of principle. You take someone's work and make money off it and he doesn't get his cut. That's called stealing, isn't it? Now apply that to how the entire operation works. I'm sure people are going to use technicalities, but that goes against their entire mission statement of trust-this and trust-that. Then the whole thing is a sham.

Hah, I like you lol.

MicroGuy

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Quote from: jonald_fyookball on January 26, 2015, 02:15:26 PM

trustless means you dont have to trust core developers.

If they have the power to fork, trust might be good. Cool

seriouscoin

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Hahahah, ppl still reply to dumbfcks ?

I thought my post was obvious enough.

Eastfist

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