Satoshi: "You should never delete a wallet" - page 2.

redsn0w

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#Free market

Quote from: inBitweTrust on May 04, 2015, 11:37:08 AM

Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

Ironic that right after creating this thread you proceed to shred your wallet so no one can help diagnose your problem.

This is one of the few reasons why I do not believe him, I think he only want some btc in donation.

Quote from: S4VV4S on May 04, 2015, 11:56:32 AM

Quote from: moko666 on May 04, 2015, 11:34:27 AM

it is also possible that he lost them or forget password or destroyed those bitcoins
i don't think he own that much bitcoins right now, and no one has wallet address of satoshi that are supposed to holding thousands of BTC

AFAIK he created a new address for each of the block rewards he got.
So I don't think it's possible to find a single address with all that coins.
If it was it would have appeared in the Bitcoin Top 10 rich list by now.

Yes, of course. Because it was normal to create an address for each transaction, also for a question of privacy and anonymity. I think he has a wallet wit a 'lot of address' or a couple of wallet (who knows?).

Skunk Fu

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Quote from: Meuh6879 on May 04, 2015, 12:08:56 PM

i destroy every month somes 5-8 wallets ... Roll Eyes

because, when an wallet is empty and when you manage fund internally ... keep a wallet is useless.

when you are free writer with a bitcoin signature donation ... yes, you MUST don't destroy the wallet !
because, article may survive a couple of decade (and pay you retirement). Grin

http://cdn2-b.examiner.com/sites/default/files/styles/image_content_width/hash/40/84/COOL-STORY-BRO.jpg

What do you mean "manage fund internally"?

Meuh6879

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i destroy every month somes 5-8 wallets ... Roll Eyes

because, when an wallet is empty and when you manage fund internally ... keep a wallet is useless.

when you are free writer with a bitcoin signature donation ... yes, you MUST don't destroy the wallet !
because, article may survive a couple of decade (and pay you retirement). Grin

S4VV4S

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Activity: 1582

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Quote from: moko666 on May 04, 2015, 11:34:27 AM

it is also possible that he lost them or forget password or destroyed those bitcoins
i don't think he own that much bitcoins right now, and no one has wallet address of satoshi that are supposed to holding thousands of BTC

AFAIK he created a new address for each of the block rewards he got.
So I don't think it's possible to find a single address with all that coins.
If it was it would have appeared in the Bitcoin Top 10 rich list by now.

inBitweTrust

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Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

Ironic that right after creating this thread you proceed to shred your wallet so no one can help diagnose your problem.

moko666

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Activity: 635

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BlasterKVs the king of xbox modding

it is also possible that he lost them or forget password or destroyed those bitcoins
i don't think he own that much bitcoins right now, and no one has wallet address of satoshi that are supposed to holding thousands of BTC

Phat Buzz Tart

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Quote from: thejaytiesto on May 04, 2015, 11:10:52 AM

Leaving conspiracy theories out of the question, this is really sound advice. I have never deleted a wallet myself, always make a copy. I've got like 10 wallet.dat files that I always copy when I update my QT.

LOL
So I am not the only one.....
That is good news!
I thought I was paranoid Grin

thejaytiesto

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Leaving conspiracy theories out of the question, this is really sound advice. I have never deleted a wallet myself, always make a copy. I've got like 10 wallet.dat files that I always copy when I update my QT.

Phat Buzz Tart

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Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

Of course he has a backup.
You didn't think he would go through all that trouble just to delete his wallet did you? Grin

thejaytiesto

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Quote from: redsn0w on April 19, 2015, 11:11:47 AM

Quote from: BillyBobZorton on April 19, 2015, 11:09:50 AM

Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

It's literally impossible that satoshi "lost his coins". The creator of BTC would never make the mistake of not having enough diversified backups. He's just keeping his coins and not moving them around, that's all.

Are you sure? Nobody knows if he lost or not his mined bitcoin. All the posts here are only supposition about satoshi, and it is normal to think he doesn't lost his bitcoins (but I am not sure of this thing).

Im also 100% sure that he never lost his coins. He's on this for the very long term, he create Bitcoin and predicted everything thus far (including the blocksize problem, the mining centralization etc). He knows things will turn out ok, and he never intended to sell but to live inside the btc ecosystem (becuase at some point we will not need to sell, it will be a very used currency).
Im pretty sure he has addresses that we do not know of, and uses these to buy everything he needs, while keeping that address frozen.

redsn0w

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#Free market

Quote from: BillyBobZorton on April 19, 2015, 11:09:50 AM

Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

It's literally impossible that satoshi "lost his coins". The creator of BTC would never make the mistake of not having enough diversified backups. He's just keeping his coins and not moving them around, that's all.

Are you sure? Nobody knows if he lost or not his mined bitcoin. All the posts here are only supposition about satoshi, and it is normal to think he doesn't lost his bitcoins (but I am not sure of this thing).

BillyBobZorton

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Quote from: bennybong on April 18, 2015, 10:58:39 AM

Quote from: satoshi on October 03, 2010, 03:54:07 PM

Quote from: theymos on October 03, 2010, 03:09:51 PM

The person who originally sent the broken transactions deleted his wallet

Sigh... why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

For sure he has a backup. Somewhere...

It's literally impossible that satoshi "lost his coins". The creator of BTC would never make the mistake of not having enough diversified backups. He's just keeping his coins and not moving them around, that's all.

cozk

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Activity: 812

Merit: 500

Quote from: jaberwock on April 19, 2015, 09:14:29 AM

Maybe you used an address somewhere in the forum and forgot about it.

Then some day Satoshi wakes up and send 1000 BTC to some addresses he find randomly here in the forum.

But you lost your private keys. So you can't take your 1000 BTC and gets depressed and lost your job and all bitcoins you have.

So better backup all your old addresses so you don't risk the destruction of your life

Nope
Nope
Nope
and
Nope

Thanks for the Santa clause story though

jaberwock

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Maybe you used an address somewhere in the forum and forgot about it.

Then some day Satoshi wakes up and send 1000 BTC to some addresses he find randomly here in the forum.

But you lost your private keys. So you can't take your 1000 BTC and gets depressed and lost your job and all bitcoins you have.

So better backup all your old addresses so you don't risk the destruction of your life

cozk

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Activity: 812

Merit: 500

I delete depleted wallets all the time.

Would never be able to track down or prove (as in prove control/ownership of an address) any past transaction.
Might be a good thing or a bad one depending on who you ask.

Blazr

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Merit: 1006

Quote from: LiteCoinGuy on April 19, 2015, 03:47:32 AM

i think he is not greedy and has deleeted the early wallets because he wants good for the whole bitcoin project. he would hurt his own BTCbaby alot if he would use the old coins.

You would think Satoshi would destroy the Bitcoins rather than destroying the private keys. Private keys can be copied, Bitcoins can't, destroying the private keys is a bad way of destroying Bitcoins. Data forensic techniques could be used to recover the deleted private keys, the private keys could have been compromised in the past, or there might be a backup he forgot to destroy, and there are some cases where you cannot guarantee the backup has been destroyed (for example, if you were storing a backup in the cloud). Satoshi knows this so I think if he wanted to destroy the Bitcoin he would do so via some other method rather than deleting the private keys and hoping they are actually deleted.

Also, we actually don't know how much Bitcoin Satoshi has. There are various theories based on various assumptions and pieces of evidence, but nobody has produced anything conclusive. For example, 1,000 Bitcoins mined in 2009 that were once thought to belong to Satoshi didn't belong to him at all and the real owner was tracked down. It's possible that Satoshi may not have as much Bitcoin as we think he/she does.

LiteCoinGuy

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In Satoshi I Trust

Quote from: InceptionCoin on April 19, 2015, 03:23:31 AM

Quote from: cryptworld on April 18, 2015, 12:15:18 PM

Wow,this is a surprise to me...
I have always thought that satoshi may have deleted some of his wallet, because he may think that having so many bitcoins may be dangerous for the own bitcoin

Its impossible that Satoshi just deleted his privkeys: if he wanted to delete this bitcoin forever he could burn it via OP_RETURN. Satoshi surely know about this possibility.

Quote from: LiteCoinGuy on April 18, 2015, 12:12:15 PM

it is the other way around: if he would use an old address with millions of coins, BTC would take a massive hit. i guess all early mined coins are lost. he did not sell at 1200 USD, so he will never sell/move those coins and that is good for the whole system!

He thought that btc reach 10m$ price. And he cant sell any significant amount at 1.2k$ anyway. So i think he is holding. Why do you think he is greedy? Probably he is high-quality specialist with big salary and he has enough money to live as he want. He could take pleasure from his btc, i mean that nobody, his neighbourhood, kin, friends dont know that he has billions in the pocket its funny from one point of view.

i think he is not greedy and has deleeted the early wallets because he wants good for the whole bitcoin project. he would hurt his own BTCbaby alot if he would use the old coins.

InceptionCoin

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Quote from: cryptworld on April 18, 2015, 12:15:18 PM

Wow,this is a surprise to me...
I have always thought that satoshi may have deleted some of his wallet, because he may think that having so many bitcoins may be dangerous for the own bitcoin

Its impossible that Satoshi just deleted his privkeys: if he wanted to delete this bitcoin forever he could burn it via OP_RETURN. Satoshi surely know about this possibility.

Quote from: LiteCoinGuy on April 18, 2015, 12:12:15 PM

it is the other way around: if he would use an old address with millions of coins, BTC would take a massive hit. i guess all early mined coins are lost. he did not sell at 1200 USD, so he will never sell/move those coins and that is good for the whole system!

He thought that btc reach 10m$ price. And he cant sell any significant amount at 1.2k$ anyway. So i think he is holding. Why do you think he is greedy? Probably he is high-quality specialist with big salary and he has enough money to live as he want. He could take pleasure from his btc, i mean that nobody, his neighbourhood, kin, friends dont know that he has billions in the pocket its funny from one point of view.

Kprawn

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My conspiracy theory.... He misplaced his private key, because he never envisioned Bitcoin becoming this successful.. now he is working on a new technology to recover lost private keys, with much less processing power needed to do it.

Once he has completed that, it would give him access to ALL Bitcoins, and not only his "lost" coins, and he would be able to rule the world. Tongue

Disclaimer : This is only a conspiracy theory, and I am just fooling around.. for those noobies, who think that this can be done.

Ingatqhvq

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So he keep all of his coins, or he made a mistake before, and just told people what he learned Grin

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