Satoshi Nakamoto's Wealth - page 2. | Bitcointalksearch.org

tbct_mt2

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satoshi probably mined more Bitcoin and do it anonymously so that we can not know about that amount. If he did so, he does not need to use the amount we all assume that belongs to him for his wealth-being.

I only assume satoshi is masculine because in fact we don't know who is satoshi (he, she, they, etc.)

With the strong belief he has for success of Bitcoin, he won't simply created it and did not mine many Bitcoin in early days to months. It's just we don't know what he actually did back in 2009 to Dec 2010.

Quote from: satoshi on June 21, 2010, 12:48:26 PM

Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.

whynotBTC

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''For greater privacy, it's best to use bitcoin addresses only once.'' -Satoshi Nakamoto
No one can find him out. He shows himself if he wants. Remember the Genesis Block.

dothebeats

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Those coins he owned will never see the light of day ever again. He may still have the keys, or still have control to all coins that he has but I think he already ditched bitcoin for good, and the 1m+ coins he left on the void as a "gift" to the community. I remember reading one of his comments on scarcity and lost coins, and IMO that 1M+ coins mined by him are intentionally and purposely done to reduce the supply effectively, generating value and helping the price rise.

icopress

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Quote from: mindrust on November 27, 2021, 08:17:01 AM

The moment those funds move, bitcoin will die. That's what I believe. Moving those funds will mean that they are not lost and if they are not lost, it would mean that those coins are only waiting the right time to get sold. That would create a huge panic in the markets and people will line up to sell their coins before satoshi does and eventually it would crash bitcoin like 99%.

You are such an old forum member, but you still believe in stupidity ... If I said that this is unlikely, then I would probably underestimate the meaning of this word, since the market is already at the stage when it will easily absorb such a volume of Bitcoins. Do not forget that there are real money behind hundreds of cryptocurrency companies, which is another reason why a group of gray cardinals agree on how to fend off such a price collapse. And last and perhaps most importantly ... I know a dozen people who will buy Bitcoin if its price drops to the values you are talking about. Cool

Quote from: ?? on ??

satoshi's wealth is very much as we know satoshi owns bitcoin and he still keeps the private key if at this time satoshi released bitcoin then the price of bitcoin would drop drastically.

God, what an insightful answer that if I could I would give you the first place in the nomination "golden pen". Shocked

LogitechMouse

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

The hype regarding Satoshi's identity is long gone already and nobody is interested on it anymore... or still there are Cheesy

.
Anyway, I don't think that Satoshi will reveal its identity and I think that would be better knowing that Satoshi is holding that huge amount of money right now.

Does it matter if Satoshi will reveal its identity or not? Will it change how Bitcoin is right now if Satoshi's true identity will be revealed? I don't think so that's why its better that Satoshi will just remain a mystery. TBH, nobody knows if that 1.1 Million or whatever amount Satoshi holds will be transferred for some reasons. Maybe it is inaccessible right now or Satoshi is dead already and nobody has a way to get access to that huge amount of Bitcoins.

mindrust

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

The moment those funds move, bitcoin will die. That's what I believe. Moving those funds will mean that they are not lost and if they are not lost, it would mean that those coins are only waiting the right time to get sold. That would create a huge panic in the markets and people will line up to sell their coins before satoshi does and eventually it would crash bitcoin like 99%.

Here is the good news;

satoshi already knows this so even if he has the private keys still, he won't do such thing.

Luzin

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

I'm not too curious about him. Whoever created him was a great man, he had seen the future. He has created a technology that inspires many people. In addition, he has also improved the condition of users who believe so that their economic condition improves.
I don't know if Sathosi Nakamoto will be found. What about his fate. What about the safety of his life. It seemed like he would invite a lot of evil to take possession of his treasure. I hope Sathosi remains anonymous, as Bitcoin has been developed through a consensus that developers have agreed upon for mutual advancement.

michellee

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Maybe those amounts in Satoshi's wallet will remain like that until someone who knows the passphrase of the wallet will open the wallet and sell it regularly to make huge money.

Until that time, Satoshi still held the bitcoin in the wallet without moving it to another wallet and we can imagine what will happen to the crypto market if that wallet goes to the wrong hand. Maybe he will sell it at once and dump it to the lowest price. However, the bitcoin journey still has a long path and no one will know what will happen to bitcoin in the future.

tyz

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

I personally believe that Satoshi - whether he is still alive or not - destroyed the private keys of his wallets. That would at least fit his behavior in the past. If he had a personal interest in the wealth (which would be around $50 billion, based on the wallets that are attributed to him), then he would certainly have moved Bitcoin from these wallets in the past.

Lucius

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

We can guess what will happen tomorrow or in 10 years, but the fact is that none of us can predict the future. I don’t know why people are so obsessed with how much Satoshi mined BTC, he had to do it because he was the first miner and had no other choice. Considering that he was above average intelligent, I have no doubt that he protected his private keys well so that they would never fall into the wrong hands of various Faketoshis who try to steal his merits.

So I'm not worried that he will ever endanger Bitcoin by trying to profit from it, he could have done it a long time ago if he wanted to. This should remain a mystery for a reason, although most people cannot accept it.

rodskee

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

If this is answerable then for sure the market had already reacted in response to that idea, but the thing is that No One really knows though all of us really cares.

What i mean here is that if ever Satoshi move that funds then that will be the much awaited super dumping market.

This will bring big impact to the whole crypto market as the amount of that bitcoin represents 5% of the whole bitcoin capitalization

Obito

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Quote from: Fesatmas on November 26, 2021, 01:22:20 PM

No one knows until now because everyone is so anonymous and the data collected is also limited to mining transactions without referring to whom and where it will end up. Then with a large amount that continues to be monitored, of course it can open over time, but who will continue to monitor it so that every time a shipment from his personal wallet flows to one name? that's the problem that until now he will remain in hiding and be aware of the existence of detailed tracking.

But the fact that there's a lot of impostors trying to claim that they're Satoshi is not going to go down anytime soon even if we arrive to a point where Satoshi himself reveals who he is, at that point we might not even believe it anymore. I think that the current tracking technology isn't that advance or competent enough to trace the roots and find who Satoshi really is, remember that he's the creator of this so he definitely knows how to avoid the tracking.

aysg76

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Quote from: mk4 on November 26, 2021, 01:53:39 PM

Does it really matter? Satoshi jumpstarted the entire cryptocurrency industry in general. Whatever he/she/they are planning with the coins, he/she/they totally deserved it. Satoshi could literally dump it right now and I would still thank him/her/them.

It doesn't matter because in the end we all are Satoshi and he started a decentralization chain in which we all as a community are involved and we should leave this mystery until he wants to resolve it or he is dead no one knows so make it simple rather than more complex.

Quote from: Poker Player on November 27, 2021, 03:08:38 AM

because the less bitcoins circulating, the more value.

Take his million coins also out and yes less the supply more the value according to simple economics which derive demand and supply rule.This is our main matter and we don't need to make efforts to unveil who is the creator of Bitcoin as there are many self-proclaimed Faketoshis in the market like Craig Wright and some other but we all are satoshi and he doesn't control the system so be happy.

Poker Player

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I believe that we cannot consider them to be Satoshi's wealth. First because it is not clear that he mined them,as BlackHatCoiner has said. But even if he mined them at least in large part, if he has not moved them I see it quite unlikely that he will.

This is pure speculation on my part, but I think that the private keys of those bitcoins were lost by either by accident or on purpose, as a donation to the system as a whole, because the less bitcoins circulating, the more value.

GreatArkansas

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Quote

According to a report by Whale Alert, the world’s most prominent blockchain tracking and analytics provider, Satoshi had mined 1,125,150 tokens up to block 54,316 in the chain, making the person/persons the most productive miner in the world.

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

This is one of the most people who are afraid for, different wallets that are suspected or verified that it is owned by Satoshi Nakamoto.
There are some people who are looking to it or watching it if it will have an output transaction because for sure it could be sold on the market or it is proven that those wallets are still not in lost by Satoshi Nakamoto.

ChiBitCTy

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I personally think that Satoshi had plans to make bitcoin, start to develop it and leave it in the hands of others for the very start. One thing that always surprises me is that people are constantly talking about how his wallet has sat untouched but don't you think it would have been quite easy for satoshi to collect other bitcoins in other wallets over the years? Of course it would have been. My guess is the real satoshi is still probably a billionaire.

mk4

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

Does it really matter? Satoshi jumpstarted the entire cryptocurrency industry in general. Whatever he/she/they are planning with the coins, he/she/they totally deserved it. Satoshi could literally dump it right now and I would still thank him/her/them.

BlackHatCoiner

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Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

But now, each Bitcoin is priced at over $56,000.

Rather $54,000.

Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Satoshi Nakamoto had become the 15th wealthiest person in the world with an estimated net worth of around $73 billion, considering crypto holdings in the region of 750,000 to 1.1 million BTC, according to a November 15 article by the Independent.

I question “the most prominent block chain analytics provider”. There's no evidence this person mined 1.1 million BTC, only assumptions based on pure speculation.

We had a recent discussion about this topic: Is it possible, that Satoshi used precalculated addresses and not random addr.

Quote from: Rufsilf on November 26, 2021, 01:04:28 PM

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

If Satoshi will remain a mystery? It's obvious they won't show up ever. As for the holdings, the fact that they haven't moved so far shows me that the majority of those won't either.

Fesatmas

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No one knows until now because everyone is so anonymous and the data collected is also limited to mining transactions without referring to whom and where it will end up. Then with a large amount that continues to be monitored, of course it can open over time, but who will continue to monitor it so that every time a shipment from his personal wallet flows to one name? that's the problem that until now he will remain in hiding and be aware of the existence of detailed tracking.

Rufsilf

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The real identity of Satoshi Nakamoto, the creator of Bitcoin, continues to remain a mystery. However, what is known is how many bitcoins were mined by the person/persons and how much those coins will be worth now considering the meteoric rise in prices of the legacy coin.

At the time, Bitcoin did not hold much value. But now, each Bitcoin is priced at over $56,000. This makes Bitcoins owned by Satoshi worth over $56 billion.

Satoshi Nakamoto had become the 15th wealthiest person in the world with an estimated net worth of around $73 billion, considering crypto holdings in the region of 750,000 to 1.1 million BTC, according to a November 15 article by the Independent. Bitcoin prices had shot up to nearly $70k.

Quote

According to a report by Whale Alert, the world’s most prominent blockchain tracking and analytics provider, Satoshi had mined 1,125,150 tokens up to block 54,316 in the chain, making the person/persons the most productive miner in the world.

However, while it remains to be seen who the real Satoshi is, the crypto pioneer’s BTC holdings have risen multifold since they were last touched. And there's no evidence suggesting that Satoshi has moved these Bitcoin holdings.

Source: https://www.cnbctv18.com/cryptocurrency/satoshi-nakamotos-bitcoin-holding-heres-how-much-it-is-worth-now-11608832.htm

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?

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