Topic: Satoshi has how many Bitcoins? - page 3. (Read 8743 times)

It's not me who is assuming. It is already flagged as "DPR seized wallet", which means that the BTC community think it is indeed the DPR wallet.

anyone have stories about satoshi?

Yes, I would love to know way more and in more depth about how the block chain was tested and then retested and then finally we get to the one present today

Read from here:
Bitcoin and me (Hal Finney)

You don't know that. Wallets can contain any number of keys, and you would have no way of knowing how many coins are in it.

Ullbricht is still claiming that he is not the real DPR. So why he should make a deal to transfer the DPR Bitcoins?

The first time you write a program, maybe, "hello world," it never works the first time you run it... it needs some tweaking!  Same thing with building a server/client based protocol.  The first few times it runs, it isn't right.  So you change it, and it works better, until it doesn't.  Then you change it again and start it back up... eventually it works good enough that it can be set sailed into the public... to be improved more.

Ask more detailed questions if you want more detailed answers.

Also could you expand on what you mean by the blockchain was restarted?

wow that very incredible, thank you also for sharing your story, I love hearing things like this, and that's crazy about the computer science professor, I would love to know his name too

I mined early on as well.  Was generating 50btc every other day on a macbook pro in late 2009, and expanded with a dedicated video card setup a little too late.  I've seen all the ups and downs.  I have also spent many coins in the past to acquire things for my life that helped it improve.  I still have some, and I carry no regrets about decisions of the past in selling (I'm talking about selling lots at $3 each).  When I started they where worth $0.15 each.

There was an article that a wheel chair bound comp sci professor wrote that was published in maybe Wired?!?! <-- help would be nice

He went on about working with Santoshi early on and taking part in the startup of the block chain (it was restarted quite a few times because of bugs etc.), he contributed code and was there when it went it took off.  He said he's left all his early coins in trust to his kids.  He said that he never met Santoshi but communicated with him via email often.

I think the estimates for what he holds land around 40% of current and 15% of future total (or more).


peace

yea your right there are a lot of possibilities, personally I'd love to know what they did with them :/

that's true, or it could be the wallet was encrypted and the fbi honestly has no way to get to the funds and as a result the coins basically die

Well also you have to realize that the FBI has the seized silkroad coins, that could do a number to the price if they try to sell them off

Sure, but there are people who are in possession of such or maybe slightly smaller number of coins. And any one of those people could cause a massive price crash to below a 100 USD/BTC. US government has that power too now.

that was a very interesting story, thank you so much for sharing. I must also say thank you, it's early adopters like yourself that really made bitcoin and I can't thank you enough for it.

There was not a reason for the coin to be premined because even after satoshi announced it he was mining almost by himself 

Thanks for sharing.

I was one of the early Bitcoin miners. My port forwarded node had around 15 to 20-ish stable connections for around the first few months. On occasions it would drop to around 10 connections. At around 6 months to a year the total number of connections increased quite quickly.

You had to mine with the Bitcoin client wallet back then using the CPU - it was the only way to mine. I dedicated an older Asus Terminator A7VT as my mining rig running 24/7 to support the Bitcoin project. Its single core Sempron CPU and VIA chipset had some limited crypto accelerator functions and it therefore got a much higher overall hash rate than some of my dual core PC's and other laptops I used at that time.

Most of the early network connections were via proxies / VPNs or through the Tor network. Aside from the IRC node I was one of the few individuals that published a port forwarded static IP. I also ran a Bitcoin node through Tor.

I knew deep down that bitcoin might get very big some day, although sold and traded almost all of my bitcoins within the first 2 years and well before any major price increase. Due to personal cirumstances I had to stop mining for quite sometime and it sadly wasn't 'worth' mining with my limited resources when things started taking off.

If you look at some of my early posts you will see that I predicted a price increase similar to gold/usd. My predictions were correct, although my timing was off - it just seemed to be taking way to long against my calculations for the project to be gaining momentum.

I'm proud to be an early Bitcoin supporter - I helped to advertise Bitcoin and did one of the most important things to help the project i.e. I traded, spent and donated my Bitcoins.

lol yea bitcoin is far different than alcoins, I mean basically bitcoin was the original idea

He did in fact announce it.  As widely as he could anyway.  He published the paper, he discussed his paper on the cryptography list, he did everything but jump up and down and wave his arms.  Hardly anybody from the crypto list mined it mostly because hardly anybody thought it would succeed. 

Remember bitcointalk didn't exist, and if it had existed there'd be nobody on it. So announcing it here would have been pretty meaningless.