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Topic: Satoshi Nakamoto (Read 2652 times)

sr. member
Activity: 350
Merit: 250
June 21, 2015, 07:03:36 PM
#41
I would ask why he didnt spend his bitcoins yet
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
legendary
Activity: 1204
Merit: 1028
June 21, 2015, 06:43:45 PM
#39
Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?

they said he hold 1-2M at best, he has the greatest amount of coin, after him there was finney

no one know if he ever dump, but i suspect that maybe during the 1200 peak he dumped some, just for test how strong was the adoption

As far as I know every single address of satoshi is somehow known, and i've heard he never moved his coins.
Does anyone know satoshi's addresses?
Of course he could always have more that no one knows about, but I think it should be pretty easy to stop because in the begining the volume of transactions was small.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
June 21, 2015, 06:19:33 PM
#38
Can you believe Hal Finney is dead? What about that whole freezing his body stuff, pretty crazy eh?

Do you know who sent that message "I am not Dorian"? Was it you?

Why haven't you been slowly exchanging your Bitcoins? You lost your hard drive without a backup, didn't you?
sr. member
Activity: 378
Merit: 250
June 21, 2015, 06:06:43 PM
#37
If Satoshi was a person, I'd ask him what he did with his coins now, and how did he make bitcoins in the first place? I'd probably ask him to be my mentor and ask him how to make more btc.  Cheesy
newbie
Activity: 20
Merit: 0
May 25, 2015, 07:18:53 PM
#36
I thought your bitcointalk account was disabled. Tongue
vip
Activity: 448
Merit: 252
May 25, 2015, 06:57:26 PM
#35
What would I say to him?

Well, if one of the IMO less plausible theories of his identity is true, I'd say,

"Should have worn a seatbelt!"



(too soon?)


I'm not Nash! Tongue
hero member
Activity: 492
Merit: 503
May 25, 2015, 06:21:52 PM
#34
What would I say to him?

Well, if one of the IMO less plausible theories of his identity is true, I'd say,

"Should have worn a seatbelt!"



(too soon?)
full member
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
May 25, 2015, 05:03:40 PM
#33
Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?

they said he hold 1-2M at best, he has the greatest amount of coin, after him there was finney

no one know if he ever dump, but i suspect that maybe during the 1200 peak he dumped some, just for test how strong was the adoption

Why he would do that at that time. Why not one year before or one year latter or why not tomorrow?  You think he would just know because he invented it that there will be a peak at end of 2013 and sold some at that time. You want to say you believe he is a actually a time traveler and he knew the future?
sr. member
Activity: 462
Merit: 250
May 25, 2015, 03:47:39 PM
#32
I would say Thank you for paying my vacation this year. You deserve a bear and I would ask him:

Mr Satoshi Nakamoto, did you ever think Bitcoin would become this huge? Even with a low price, we can't deny it, this is huge..
hero member
Activity: 576
Merit: 503
May 25, 2015, 03:35:52 PM
#31
I'd definitely ask him why did he choose the proof of work method in the long run. As the difficulty increases, the amount of hashing power and computing power also increases, same as the power needed to provide this computers the energy that they need to solve complex mathematical equations. As the demand for power increases, the amount of heat generated also increases, and this heat is basically useless to mankind, only adding a few degrees on our planet's average temperature. There are lot of methods out there for generating bitcoins such as proof of stake and whatnot, but why the power-hungry proof of work method? Proof of stake could be worrying because if a single entity holds a great percentage of the total available supply, he could easily control the movements on the market. That is one reason I know of. But what is the deeper reason why proof of work method is chosen over the other methods?

Hal Finney invented Proof of Work for an anti spam measure in an email application. When Satoshi invented Bitcoin it was the only proof of anything concept available. Proof of Stake was invented years after Bitcoin was. Perhaps Satoshi might have chosen a different type of proof concept if more had been available when he was devising Bitcoin.

The proof of work you are referring to was called hashcash by Adam Back, not satoshi,
sr. member
Activity: 406
Merit: 250
May 25, 2015, 01:21:30 PM
#30
me too, i am glad that this currency called bitcoin is invented, i hope many currencies would be made like this one

Many have already been made. They're called altcoins. Wink

Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?

they said he hold 1-2M at best, he has the greatest amount of coin, after him there was finney

no know if he ever dump, but i suspect that maybe during the 1200 peak he dumped some, just for test how strong was the adoption
Actually no one knows except for he himself, However there is an estimate that he currently has around a  Million of the coins which haven't moved since the start.

From January 2009 to December 2009, the total network hashrate remained fairly constant at around 0.005 GH/s:

http://blockchain.info/charts/hash-rate?timespan=all

The difficulty also stayed at the minimum value of 1 throughout most of the year. Because there were very few others mining back then, it's usually assumed that most of this was due to Satoshi mining:

http://blockchain.info/charts/difficulty?timespan=all

Also, most of the earliest miners consolidated their coins into a few large addresses. Satoshi, on the other hand, left his addresses containing newly generated 50 BTC inputs untouched in their original addresses (excluding a very early one-off transaction made to Hal Finney).

Finally, Satoshi's addresses also exhibit unique patterns and characteristics which distinguish them from other addresses:

Quote
Disclaimer: I can’t assure with 100% certainty that the all the black dots are owned by Satoshi, but almost all are owned by a single entity, and that entity began mining right from block 1, and with the same performance as the genesis block. It can be identified by constant slope segments that occasionally restart. Also this entity is the only entity that has shown complete trust in Bitcoin, since it hasn’t spend any coins (as last as the eye can see). I estimate at eyesight that Satoshi fortune is around 1M Bitcoins, or 100M USD at current exchange rate. I’m sure there will be plenty of people that will carefully analyze the source data set and come up with the exact figure, which will be very close, but nevertheless they will scream at me again.

Link: http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Quote
So the next thing I did is try to find the reason for such an awkward probability distribution in the LSB of the nonce. So I divided the graph into two: one for “Satoshi” coinbases and one for the remaining coinbases. To identify Satoshi coinbases I used a coarser method than the original: I just separated spent coinbases and unspent coinbases, which identifies Satoshi coins with good accuracy.

Link: http://bitslog.wordpress.com/2013/09/03/new-mystery-about-satoshi/

Quote
But no one knows his other addresses on which he might easily have a much higher amount in holding.

It is possible that Satoshi could have continued mining well past 2009/2010 while remaining undetected by changing his habits to match those of other miners. Even so, the number of miners exploded in 2010 and 2011 (e.g. hashrate on July 2010 was 40 times higher than 2009 and hashrate on July 2011 was 2.5 million times higher - although part of this increase was due to the transition towards GPU mining). Assuming that Satoshi continued mining with the same setup he started off with, his hashrate would have represented a much smaller proportion of the total network hashrate in 2010 and even more so in 2011 so he would have mined a fairly low number of coins (in relative terms) vs. 2009 when he basically had an entire year completely to himself.

I made an earlier thread about this subject here. Anyway, I doubt we'll ever know either way.
sr. member
Activity: 469
Merit: 250
J
May 19, 2015, 03:43:58 PM
#29
Waht woul you say to satoshi nakamoto ??

For me i'd say thank you for your currency i'm happy to working and playing with it
if i find satoshi i will bring a gun with myself and hold him at gunpoint for his privatekeys Cheesy
but after thanking him for creating bitcoin though...

Wow, people like you make me want to apply for my concealed carry permit. I'm naïve in the sense that thoughts like this don't generally even enter my psyche. But I have to remind myself that there are plenty of people where it does.  Huh
hero member
Activity: 574
Merit: 500
May 19, 2015, 01:10:12 PM
#28
Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?

they said he hold 1-2M at best, he has the greatest amount of coin, after him there was finney

no know if he ever dump, but i suspect that maybe during the 1200 peak he dumped some, just for test how strong was the adoption
Actually no one knows except for he himself, However there is an estimate that he currently has around a  Million of the coins which haven't moved since the start. But no one knows his other addresses on which he might easily have a much higher amount in holding.
legendary
Activity: 3248
Merit: 1070
May 19, 2015, 07:26:23 AM
#27
Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?

they said he hold 1-2M at best, he has the greatest amount of coin, after him there was finney

no one know if he ever dump, but i suspect that maybe during the 1200 peak he dumped some, just for test how strong was the adoption
legendary
Activity: 1218
Merit: 1007
May 19, 2015, 07:18:04 AM
#26
Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin

How many coins in total does Satoshi have?
Some say he holds more than 10% of total Bitcoins (not in circulation, but in number).
Did he ever dump?
sr. member
Activity: 462
Merit: 250
May 19, 2015, 03:35:43 AM
#25
Waht would you say to satoshi nakamoto ??

For me i'd say thank you for your currency i'm happy to working and playing with it

Well, I would definitely like to know where he keeps his wallet and what the password for the encryption is.  Grin
sr. member
Activity: 462
Merit: 250
May 18, 2015, 11:44:52 PM
#24
Waht would you say to satoshi nakamoto ??

For me i'd say thank you for your currency i'm happy to working and playing with it
He create a great thing which make people finally control their own worth.
That is great.
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
May 18, 2015, 08:41:56 PM
#23
me too, i am glad that this currency called bitcoin is invented, i hope many currencies would be made like this one
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
May 18, 2015, 03:20:47 PM
#22
Waht would you say to satoshi nakamoto ??

For me i'd say thank you for your currency i'm happy to working and playing with it

I would say, "is it comfortable living in that crawlspace inside Gavin's home?"
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