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Topic: Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses? - page 7. (Read 14958 times)

sr. member
Activity: 812
Merit: 256
Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses so we know if he/she/they are active in the market? I would guess Bitcoin is their baby and they wouldn't do anything to manipulate the prices and hurt Bitcoin. But would they be taking corrective measures to fight off some of the other whales?

Its kinda weird question but interesting to me if Satoshi Nakamoto is still "alive" and watching.
To be exact, an anonymous tenant is holding 980,000 Bitcoins, no one knows for sure who the owner is! Finding this person will greatly affect the Bitcoin community and altcoin!
newbie
Activity: 43
Merit: 0
The technology consultant is increasingly sophisticated since he's been the initiator of Block Chain just like every other user since he started it and let it down to every user, minners, stakers, traders, even Investors and many others interested in it to tap from its potential. So the amount of money that Satoshi possessed is unknown. I do not know who he is. Because Satoshi Nakamoto does not exist. Blokchain is hierarchical, so no one knows for sure about any BTC addresses
jr. member
Activity: 222
Merit: 4
What would be a problem is if his addresses were brute forced (to succesfully find the private key to one or more of his addresses) because that would mean that bitcoin is indeed vulnerable and that could bring the price to virtually zero....if satoshi(if alive) instead wanted to spend his bitcoins there would be an initial panic-selling but price would recover quickly enough. after all even satoshi has the right to spend his bitcoins, NO? if satoshi(or his relatives) wanted to transfer/spend the bitcoins he should announce it in an anonimous message telling everybody not to worry after all.do you agree with me?

After all i think he is probably dead or hiding or he lost(or never saved) his private keys . i hope for the hiding option

i had a look at this forum (that he founded) and his second last post is in december 2010 when he said that he didn't like the attention that wikileaks had brought to bitcoin. "the swarm is coming towards us" he said. then he disappeared. Gavin Andersen said that the last time he excahnged a message with him was when he told satoshi that he had been called by the CIA for an interview.....i think he was very scared. but we don't know what happened to him. maybe we will find out somehow
legendary
Activity: 1372
Merit: 1123
Those Bitcoins are a "Security Bounty", at least in my mind. They are an incentive to target weaknesses in the protocol and will certainly cause enough panic to get those holes patched. I doubt Satoshi will ever come back and grab those old addresses. It will almost certainly be an attacker; it will certainly be a historical event in terms of security and fear within the community. Might just be a conspiracy theory of mine, but it's a fun story if it plays out the way it is in my head.
full member
Activity: 336
Merit: 100
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Yes.

There are multiple addresses associated with Satoshi.

The first would be the address to which the first block award, called the "genesis block", was sent to: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Then there is his/her main address, which has the $900+k you mentioned. I don't know the address for that on and a quick Google search didn't help, but if you download Bitcoin Core you can scroll to the beginning of time in Bitcoin world and find the wallet addresses used for the very first transactions...one of those is owned by Satoshi.

Finally, Satoshi created this forum and has an account here...he/she may have an bitcoin address posted on their profile, check for yourself: Satoshi's Profile

You touched upon an interesting topic. The money that's in his accounts. I think he's not going to ruin the market of bitcoin. They say that his wallet for all this time did not transfer any coins to other wallets. So now do not panic. As for the account on this forum, I think it's just a coincidence.
member
Activity: 532
Merit: 15
We should give this person/group some privacy - after all, he/she/they created something super great for us, don't you think?
legendary
Activity: 1288
Merit: 1926
฿ear ride on the rainbow slide
Harold Thomas Finney II, a southern California coder, was Satoshi. He claimed to have received the first transaction from Satoshi just a few days after the genesis block. I think he sent the transaction to himself. Satoshi used a @gmx.com mail address. Finney was the very first person to post on the Sourceforge page of Bitcoin using a @gmx.com address. His vernacular and writing style are almost identical to the posts of Satoshi.

Finney knew in late 2009 that he was dying of ALS. The “Satoshi” persona was a necessary creation to remove him from the limelight. Bitcoin was too much for him to control while dealing with the onset of a terminal disease. He turned over the alert keys to Gavin Andresen and backed away from an active role in the development of his creation.

He knew his creation would never be trusted if most of the initially mined “testing” coins were ever to show up on the market so those coins were never spent. He may have intentionally disposed of the private keys to many of the addresses to ensure they would never hurt his brainchild. Some of the coins he mined in the beginning were used to pay for medical bills and cryogenic preservation of his body after his death. Those “Satoshi” addresses are as dead as Hal Finney.

Hal Finney would be my favorite pick out of the candidates for being Satoshi. He was an amazing inspiring person without the Satoshi identity.

Bitcoin and me (Hal Finney) is one of the posts he wrote.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Harold Thomas Finney II, a southern California coder, was Satoshi. He claimed to have received the first transaction from Satoshi just a few days after the genesis block. I think he sent the transaction to himself. Satoshi used a @gmx.com mail address. Finney was the very first person to post on the Sourceforge page of Bitcoin using a @gmx.com address. His vernacular and writing style are almost identical to the posts of Satoshi.

Finney knew in late 2009 that he was dying of ALS. The “Satoshi” persona was a necessary creation to remove him from the limelight. Bitcoin was too much for him to control while dealing with the onset of a terminal disease. He turned over the alert keys to Gavin Andresen and backed away from an active role in the development of his creation.

He knew his creation would never be trusted if most of the initially mined “testing” coins were ever to show up on the market so those coins were never spent. He may have intentionally disposed of the private keys to many of the addresses to ensure they would never hurt his brainchild. Some of the coins he mined in the beginning were used to pay for medical bills and cryogenic preservation of his body after his death. Those “Satoshi” addresses are as dead as Hal Finney.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Where do you know Satoshi is holding 980000 bitcoins? I don't think any one knows the addresses belong to Satoshi. So the number of coins Satoshi owns is also unknown.

Here is where the estimates comes from: https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Note there is no way to know precisely which blocks were mined by satoshi, so different people have come up with different numbers.

This is new information for me. Thank you for sharing in this topic.
I am also curious, right now what is the actual balance that Satoshi has?

No one knows for sure since his holdings are split up over thousands of addresses. Satoshi himself mined the earliest blocks and hasn't moved the coins yet. However, with that being said, Satoshi Likely wasn't the only miner in early 2009. There had to have been a few extra anonymous early miners and they too likely never moved the coins they mined and disregarded their private keys. I mean back then Bitcoins were worthless and at the time it seemed just like a cool tech experiment/proof of concept.
member
Activity: 330
Merit: 12
Blokchain is decentralized, so no one know the own of any BTC adress. Morever, i think Satoshi is a group, not only one person. I think top 10 Altcoin (2016,2017 table) are "Satoshi Nakamoto". They creat Blockchain, creat BTC first and then. they creat another altcoin. You can see the code of top 10, they are the same
newbie
Activity: 54
Merit: 0
Bitcoin address of Satoshi Nakamoto, no one knows and will ever know. Because Satoshi Nakamoto doesn't exist. I am sure that under this name worked a large group of developers from Japan. There may be a few dozen people.
member
Activity: 224
Merit: 10
The revolutionary trading ecosystem
Where do you know Satoshi is holding 980000 bitcoins? I don't think any one knows the addresses belong to Satoshi. So the number of coins Satoshi owns is also unknown.

Here is where the estimates comes from: https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Note there is no way to know precisely which blocks were mined by satoshi, so different people have come up with different numbers.

This is new information for me. Thank you for sharing in this topic.
I am also curious, right now what is the actual balance that Satoshi has?
newbie
Activity: 98
Merit: 0
legendary
Activity: 4466
Merit: 3391
Where do you know Satoshi is holding 980000 bitcoins? I don't think any one knows the addresses belong to Satoshi. So the number of coins Satoshi owns is also unknown.

Here is where the estimates comes from: https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Note there is no way to know precisely which blocks were mined by satoshi, so different people have come up with different numbers.
newbie
Activity: 100
Merit: 0
It is only natural that satoshi nakamoto has bitcoin to that much, and I believe that the satoshi nakamoto will save the price with the bitcoin that satoshi has.
full member
Activity: 241
Merit: 100
I believe that satoshi nakamoto has a lot of bitcoin, and I still believe that satoshi nakamoto is alive and certainly satoshi nakamoto will keep the future progress of bitcoin.

But we do not know for sure if he is really alive and well in this world with a lot of Bitcoin in his hand. All he has left is the addresses that as far as I know is untouched and we do not know who owns them now. I think if Satoshi Nakamoto owned that adresses, and he is still alive I guess he will be using it.
member
Activity: 458
Merit: 10
I believe that satoshi nakamoto has a lot of bitcoin, and I still believe that satoshi nakamoto is alive and certainly satoshi nakamoto will keep the future progress of bitcoin.
newbie
Activity: 18
Merit: 1
Where do you know Satoshi is holding 980000 bitcoins? I don't think any one knows the addresses belong to Satoshi. So the number of coins Satoshi owns is also unknown.

Yes I dont know for sure. I have read some articles where it said he holds 980000 or 5% of Bitcoins.
legendary
Activity: 2380
Merit: 5213
Where do you know Satoshi is holding 980000 bitcoins? I don't think any one knows the addresses belong to Satoshi. So the number of coins Satoshi owns is also unknown.
full member
Activity: 453
Merit: 101
RISE WITH RAYS FOR THE FUTURE
Other from the Genesis Block as illustrated, may I add that even if Satoshi Nakomoto is holding 980,000 Bitcoins and he is still alive today witnessing varied ordules, He can not solely do anything again to stop or combat this, He can only give probably the most technological and sophisticated advice since he is the Block Chain initiator just like every other user since he has started it and left it for every users, Minners, stakers , Traders, even investors and so many others who are interested in it to tap from its potentialities. This case is just like any automobile vehicle maker or producer who can not or never control the driver during driving saved precautionary safety advise or Driving method analysis to avoid/shun accidents or dangers that may likely occur.
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