hello dear crypto friends. I no longer have the first bitcoin address and the associated forks. it is correct that i have mined almost 1 million btc but it is wrong that they belong to me they were mined for the security of the network to protect the network. I deliberately didn't write down any keys for the 1 million BTC. I only have the keys from the Genesis BTC address. This year I will move the 18:51 btc from the genesis address it was not planned. since faketoshi tries to patent my invention illegally, i will give up my anonymity and hold faketoshi accountable. I wish you all all the best your Satoshi Nakamoto
Topic: Satoshi Nakamoto - 1,5 million Bitcoins - We need answers (Read 52596 times)
Where questions in the page
I always thought it would be nice if it were DavidX.Li aka Li Xianglin
And that he did it as a big fu*k you to the bankers who misinterpreted and misused his paper "On Default Correlation: A Copula Function Approach" (2000)
And that he did it as a big fu*k you to the bankers who misinterpreted and misused his paper "On Default Correlation: A Copula Function Approach" (2000)
This whole thread is ridiculous 
Satoshi did a great thing, lets just enjoy it
Satoshi did a great thing, lets just enjoy it
The more time goes on without knowing who Satoshi is, the more I'm inclined to believe there is no single person who is Satoshi.
There is a lot of Adresses in Blockchain with 50 BTC (From block reward) at the begining of BTC creation so it's probably Satoshi but ... but he never spent his Bitcoins , so It dosen't matter I guess and basically it's impossible to know how much he own for sure
This whole thread is ridiculous
Satoshi did a great thing, lets just enjoy it
Satoshi did a great thing, lets just enjoy it
today i read on coindesk japan made another coin to improve bitcoin.
there's 600 or so altcoins. Almost all of them claim to be better than bitcoin.
today i read on coindesk japan made another coin to improve bitcoin.
So what? Nothing changes.
Bitcoin is still Bitcoin.
today i read on coindesk japan made another coin to improve bitcoin.
I fail to see the problem here. Bitcoin was visible in plain open sight since day 1. 99% of us was just too stupid to see it and become an early adopter. Stupidity has a price, and now we have to buy coins at a much higher price. But, what else is new? In which way is this different from, say, shares in startups? Some people get a brilliant idea, work day and night for several years, then let their company go public. Sure, the founders have shitloads of shares and get rich. Is that a problem? Would you demand Sergey Brin to disclose what he plans to do with his money earned from selling Google shares? If so, go play somewhere else!
Visible yes, but in plainsight? No.
I am fairly convinced that had anyone EVER introduced me to this thing called bitcoin I would have been all over it.
Problem is there were no commercials there were people screeming "see this!"
Had I just been intriduced og seen an article or anything, but no satoshi and a few other people knew they had a goldmine so they werent in a hurry to tell people about it and I cant blame them, I would do the same.
As I see it they premined exactly to the point that we wouldnt mind too much.
The tought that satoshi could (If he wanted to) crash the price back to a few pennies per bitcoin makes me sick.
That to me dosnt sound like fair market.
I think if satoshi at this point wanted to strengthen the bitcoin community he should either destroy his million bitcoins or use them slowly for the good of bitcoin, but eitherway people will get very scared should his coins ever move.
It might just scare bitcoin to death.
I can trust the market to be fiar/Do-its-thing, but I cant trust a single man when I dont even know his real name.
This argument is ridiculous. What did you expect? A global advertisement campaign costing tens of millions of dollars before BTC ever had its first documented transaction and therefore no established value? You have a weird concept of what "fair" is.
Given the 7+ billion people on this planet of which over half have no direct private Internet access, I'd love to hear what you would have done otherwise to, 1) ensure everyone knows about the idea and that everyone gets an equal opportunity to get in at the same time, 2) ensure that the tens of millions of dollars you spent marketing the idea can be recouped by the value you believe BTC is destined to reach, and 3) prevent Satoshi from reaping the rewards of his own invention, which would probably make recouping that advertising money impossible, anyway? I mean, even typing this sounds ridiculous.
It was more like, "Hey, here's this cool idea I came up with. I think it's novel. Here's exactly how it works, and you can do whatever you want with it. But, I'm going to start mining this thing, and you're welcome to join if you want to." And you call that unfair?
I fail to see the problem here. Bitcoin was visible in plain open sight since day 1. 99% of us was just too stupid to see it and become an early adopter. Stupidity has a price, and now we have to buy coins at a much higher price. But, what else is new? In which way is this different from, say, shares in startups? Some people get a brilliant idea, work day and night for several years, then let their company go public. Sure, the founders have shitloads of shares and get rich. Is that a problem? Would you demand Sergey Brin to disclose what he plans to do with his money earned from selling Google shares? If so, go play somewhere else!
Visible yes, but in plainsight? No.
I am fairly convinced that had anyone EVER introduced me to this thing called bitcoin I would have been all over it.
Problem is there were no commercials there were people screeming "see this!"
Had I just been intriduced og seen an article or anything, but no satoshi and a few other people knew they had a goldmine so they werent in a hurry to tell people about it and I cant blame them, I would do the same.
As I see it they premined exactly to the point that we wouldnt mind too much.
The tought that satoshi could (If he wanted to) crash the price back to a few pennies per bitcoin makes me sick.
That to me dosnt sound like fair market.
I think if satoshi at this point wanted to strengthen the bitcoin community he should either destroy his million bitcoins or use them slowly for the good of bitcoin, but eitherway people will get very scared should his coins ever move.
It might just scare bitcoin to death.
I can trust the market to be fiar/Do-its-thing, but I cant trust a single man when I dont even know his real name.
The bitcoin is non fair as it looks.
Money isn't fair. It's by design.
You could also think of it as fair; like nature is... brutal, competitive, uncaring, and fair. Fair does not mean sitting on your ass should be rewarded with the same payoff as those who work hard.
The bitcoin is non fair as it looks.
Money isn't fair. It's by design.
The bitcoin is non fair as it looks.
The first clean drinking water.
:|
http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=285000
The first clean drinking water.
:|
http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=285000
People looking for me?
People will bitch and moan about the "elite" 1%, about the early adopters being unfairly rewarded, about how they somehow deserve some of the wealth without contributing anything but suggest to them to risk their ass and instead of buying the newest iPhone investing that money into a venture and/or investing into cryptocurrencies that are in their early stages currently and hear them moan "muh dollars", "muh iphone", "muh 40 inch plasma", "muh xbox".
One of the best reactions to first mover envy.
People will bitch and moan about the "elite" 1%, about the early adopters being unfairly rewarded, about how they somehow deserve some of the wealth without contributing anything but suggest to them to risk their ass and instead of buying the newest iPhone investing that money into a venture and/or investing into cryptocurrencies that are in their early stages currently and hear them moan "muh dollars", "muh iphone", "muh 40 inch plasma", "muh xbox".
As you can see on the fifth graph here http://bitcoin.sipa.be/ , for many months Bitcoin was very unknown to the public and because of that difficulty didn't change to the upside. If I have understood it correctly around 1,5 million Bitcoins were created from February 2009 until the end of same year. Also if I have understood it correctly very few people mined under this time period making the conclusion that Satoshi Nakamoto and a few more people have a considerable amount of Bitcoins (worth today around 16 million dollars). You could also suppose that a majority of this coins are in the hand of Satoshi Nakamoto. Today it has gone more than two years from the birth of Bitcoin, I am convinced that Nakamoto has big plans for Bitcoin and he/she/they have put considerable amount of time and effort in this interesting project.
I am talking for my self, but I think that my thoughts concern also others that are thinking alike. I want to invest a considerable amount of money and time into this project/currency/commodity/freedom. But I think that until the person(s) behind Bitcoin doesn't come forward I think that the best I can do is to reconsider if I should invest time and money into this project. Because not getting any answers makes Bitcoin to become something uncertain and vague. If Bitcoin should become worth 100-10000+ times more than it is today, and be a serious threat to the establishment and the status quo of the financial world of today, we should demand for some sincere answers to this questions.
My questions:
How many Bitcoins in total does "Nakamoto" have?
What is "Nakamotos" estimation of how many early adopters there is that have more than 200 000 bitcoins, 100 000 bitcoins and 50 000 bitcoins?
What was the purpose of creating Bitcoin?
What is your plan for the future of Bitcoin as "Nakamoto" sees it today?
What are "Nakamoto" going to do with the wealth that has been created?
Until this questions are not answered, and I am pretty sure the person/group behind this project can read this, we should really reconsider buying in until we get some answers. If this is going to get big, this questions will always hunt us until they are answered.
Why do you think they owe you any explanation? They can keep their mouths shut forever and I'll still tip my hat to them. They quite literally made their own millions [billions?]. Anonimity is part of the nature of bitcoins. You can invest if you want, but why should it be on your terms instead of theirs? I am talking for my self, but I think that my thoughts concern also others that are thinking alike. I want to invest a considerable amount of money and time into this project/currency/commodity/freedom. But I think that until the person(s) behind Bitcoin doesn't come forward I think that the best I can do is to reconsider if I should invest time and money into this project. Because not getting any answers makes Bitcoin to become something uncertain and vague. If Bitcoin should become worth 100-10000+ times more than it is today, and be a serious threat to the establishment and the status quo of the financial world of today, we should demand for some sincere answers to this questions.
My questions:
How many Bitcoins in total does "Nakamoto" have?
What is "Nakamotos" estimation of how many early adopters there is that have more than 200 000 bitcoins, 100 000 bitcoins and 50 000 bitcoins?
What was the purpose of creating Bitcoin?
What is your plan for the future of Bitcoin as "Nakamoto" sees it today?
What are "Nakamoto" going to do with the wealth that has been created?
Until this questions are not answered, and I am pretty sure the person/group behind this project can read this, we should really reconsider buying in until we get some answers. If this is going to get big, this questions will always hunt us until they are answered.
for everyone else that doesnt like being late to the party. there are other alt-coins.
lol. and they'll be like: "but how should I know wether ppxvkzCoin will take off at all?". Same could've been asked back then for bitcoin. It's only clear in hindsight. There's risk involved.. duh!
i think those that want answer about a satoshi pre mine are just mad they themselves were not around when bitcoins were less then a dollar, and are trying to vent their frustration some how. justifying that its not their fault for learning a couple years later but that satoshi got there first.
and for the fact that satoshi actually having the good idea known as bitcoin i personally think he deserves to be one of the wealthy elite because of it.
for everyone else that doesnt like being late to the party. there are other alt-coins.
and for the fact that satoshi actually having the good idea known as bitcoin i personally think he deserves to be one of the wealthy elite because of it.
for everyone else that doesnt like being late to the party. there are other alt-coins.
Jump to: