Topic: Is Satoshi Dead? - page 6. (Read 12195 times)

A very small fraction.


You would be mistaken.  Read the link - a couple posts up - to the Phinneas Gage post.

What fraction of the first n Bitcoins ever created have been spent?  I would presume the first 1 million or so belong to Satoshi. I think
He was likely smart enough to periodically mix them though.

Seriously?  There are 45,000 individual wallets, each with 50BTC in them.  Which are Satoshi's?  The first transactions were tiny.  Satohi's to another cryptographer.


Clearly.


From what I've read, the code was sloppy, and kind of a hack job.


Removed by whom?  The Illuminati?

Why hasn't Phinnaeus Gage had his post removed then:  a post that's been floating around for a year?

https://bitcointalk.org/index.php?topic=67840.0;all

Conspiracy much?

Exactly. There's not much money on Gox.

Chuck Norris kicked Satoshi in the ass to start mining for him back in the day...

Not sure who satoshi is but it could make a great movie one day 

1. Yes I'd think it is possible to know. We know when Satoshi released the bitcoin software, we can put a high probability that Satoshi made the first couple of transactions (the largest ones) for his own benefit, as hardly anyone would've known about the technology at that point. Sorry, I cant be bothered to do the research right now, but Im sure its not difficult to figure out. We also have an archive of all the forum and newsgroup posts. It cannot be difficult to work out how many coins Satoshi owns. Heres a subject for the next sensational news article about bitcoin.

2. Im sure Satoshi is not at all astounded about Bitcoin. I'm no expert in C++, but from what I've read the original bitcoin code was of exceptional quality. Many potential hacks had been anticipated. Its clear that alot of work went into developing the concept, and that it was developed over a number of years. Its also clear that the authors were incredibly smart and had anticipated many future problems, which is why the technology has survived so long exposed to the world's hackers and computer experts. It's clear that the reason Satoshi decided to become anonymous from the beginning was because he anticipated the explosiveness of his invention. Its clear that's why Satoshi published his paper in 2009 as Satoshi, and not as his own name.


Satoshi has always been Satoshi for a reason. Satoshi never wanted to be un-anonymous. Therefore Im not surprised that the authors will not reveal themselves as being Satoshi. However you will find a very similar patent to Satoshi's paper published in the month's preceding Satoshi's paper authored by 3 people. It's clear that the authors of this patent, having stumbled upon the bitcoin idea, made a decision to publish it fully in a pseudonymn because they foresaw the potential for the technology. They also foresaw it would be better for their networth & stress levels to just sit on a huge amount of coins and remain anonymous than to continue development in the mainstream. There's a good article that sums all of this up by providing clear evidence of who these authors are.

PS. Im not going to link to the article because this post may be removed if I link to it... thats why I said u have to use Google.

Satoshi is just an Artificial Intelligence. I won't be surprised if it was created by an accident in a Google lab.

Here is Satoshi (the Coin Master) preparing for his next adventure. 

I would guess the following about Satoshi:

1) He is alive and owns some substantial amount of coins. Of course nobody knows how many he has, for this would be impossible to know.

2) He is hiding and will never come forward as Satoshi. He must read the forums regularly, and is likely astounded that Bitcoin has grown to such a project. I bet he gets a little teary whenever he reads the latest developments, and in the back of his mind is thinking, "holy shit look what I did!! Badass!"

Those bitcoins work just like central bank's reserve, when the currency exchange is in danger, they can step up and invervene

I remember that some time ago I read a chinese bank official's published analyze of bitcoin, and at the end of the article, he mentioned that banks would like to have majority of this currency as reserve in order to have control over the market price of bitcoin

This concern has some reason, since the biggest danger from bitcoin is that the exchange price goes to moon and there is no way to cool it. It will absorb no matter how much new money central bankers put into the market, that will dramatically negate the effort for fiat monetary policy. Any bubble will burst with a tighten of fiat money supply, but bitcoin is an currency, normal monetary policy won't affect it. If banks hold several millions of coin, then they will have the controll of exchange price (short term)

I have heard about that someone would like to order all the batch 1 avalon machines when it first launched, I guess some big players are already there accumulating bitcoin/hash power reserve for their long term purpose

Imagine you are Satoshi:

• You invented the biggest thing since the Internet, so you're obviously proud of it, and want it to become a success. This is even more important than becoming rich.
• You are really afraid that governments are going to try to prosecute everything and everyone related to Bitcoin

So what are you going to do with your pile of bitcoins?

• Any attempt to spend them or send them through a mixing service will probably be noticed, potentially causing panic on exchange markets. It's best to only do this when Bitcoin has a solid foundation in the economy (e.g. a large majority of Internet shops accepts them), so that large fluctuations are unlikely.
• You expect a dangerous period of prosecution, after which (hopefully) the world will embrace Bitcoin. It's best to stay low until the storm is over.

just did a quick numbers on that name and it = 10

Really? My Google searches just point to lots of theories and suspects. I can't find any 'Satoshi is XYZ' anywhere as you claim.

So much misinformation on here. I'm not sure whether it's deliberate or not.

Ultimately 'Satoshi' doesn't care at all about bitcoin. They just wants their money in coins which is a max of 5M (Im not sure exactly how much, but Im sure you can work it out from looking at the blockchain).

As explained they cannot cash out yet as doing so would decrease the value of their own holdings too much. They have no choice but to wait until there is enough interest that they will be able to cash out their holdings without having such a large effect on the ecosystem.

My guess is that will be another few years at least.

ANyone who wants to know more about Satoshi should talk to Gavin and Theymos. Not only does Theymos know the exact location of Satoshi due to the fact they were a regular on these forums for so long, but both of them have the secret 'Alert' keys that can only have been supplied to them by Satoshi. They for certain will know who Satoshi is; and I'm guessing they are staying quiet for a reason.

PS. I'm referring to Satoshi in the plural due to my belief that 'Satoshi' is a pseudonym for a collection of people.

Schroedinger's Satoshi 

Wait... what?

He's a Mac user... but wrote the first client for Windows?  Huh?

My favorite contrarian guess is MysteryMiner.

Please elaborate!

What do we want? TIME TRAVEL!
When do we want it? IT'S IRRELEVANT!