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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3332. (Read 26715566 times)

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If you were Satoshi, what would be the benefit of claiming that in public (think it through at least twice before replying)? When someone gives a reasonable answer to that question it might be worth at least put their claims to test, which is pretty simple, just move Satoshi's stash of BTC, end of story.

If by “Satoshi’s stash of BTC”, you mean some huge amount, then you are referring to the so-called “Patoshi” coins.  Nobody knows if those are Satoshi’s; I tend to think not.  (Why would Satoshi himself use mining software that behaved differently than the Bitcoin software he published?)  It can’t be proved either way, unless Satoshi or Patoshi steps forward.

The threshold test for anyone who claims to be Satoshi is authentication with a digital signature from one of Satoshi’s known keys:  His PGP key, or the key for one of the Bitcoin addresses definitively known to be Satoshi’s.  Not moving coins that may or may not be Satoshi’s, and that may coincidentally move while some random scammer claims they did it.

By “authentication”, I mean signing a message with substance similar to this:

Code:
2022-06-26: I, [name of claimant], am Satoshi Nakamoto.

I don’t ask someone’s motives before demanding that.  If the claimant refuses (as Craig Wright has), then his motives are obvious:  He is an imposter.



To illustrate the dangers of relying on faulty assumptions about the ownership of early coins:

[...] under oath Craig wright provided a list of the bitcoin holdings he claims he mined as satoshi... thousands of early addresses. ... and as soon as the list was published the owner(s) of 145 of the addresses, controlling 7250 BTC, signed a message saying those addresses didn't belong to Wright and that Wright was a fraud.

IIRC, those coins have not been moved.  Their owner(s) evidently follow the news, and still have the keys.

The content of the signed message, which you should verify for yourself (see above link):

Quote
"Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi"

https://www.blockchain.com/it/btc/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

For a signature, or to “move his stash” as you said?  The Genesis coinbase itself can’t be moved; it is not sent to that address, but rather, in P2PK to a public key that people convert to that P2PKH address as an anachronism.

I would be very interested in seeing a signature.  The public key for the sender/change in this P2PK tx is another good candidate, IMO:
https://blockstream.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16?expand

As a general note, I would suggest that Satoshi should avoid revealing the public keys of any of his early P2PKH addresses for which the public keys have not been revealed.  If he wants to claim his identity, then I suggest that he should sign with keys that are already revealed—so that he can prove in zero knowledge that he can sign with keys that have never been revealed.  As a precaution, this permanently preserves his ability to authenticate his identity after a potential Quantum Computing Apocalypse.  (Off the top of my head, I don’t know of any strongly-evidenced Satoshi P2PKH addresses for which public keys have never been revealed.)

The smart thing to do, the thing that every well-informed cypherpunk would expect from the real Satoshi, is for Satoshi to re-introduce himself in a message signed with this key:

https://bitcointalk.org/Satoshi_Nakamoto.asc
Code:
pub   dsa1024/0x18C09E865EC948A1 2008-10-30 [SC]
      Key fingerprint = DE4E FCA3 E1AB 9E41 CE96  CECB 18C0 9E86 5EC9 48A1
uid                   [  full  ] Satoshi Nakamoto
sub   elg2048/0xCF1857E6D6AAA69F 2008-10-30 [E]

DSA1024 is weak by today’s standards—not “breakable”, but it lacks security margin.  Those who are extremely cautious may perhaps worry about what alphabet-soup agencies may be able to do with it.  Nonetheless, I am talking about a threshold question.  If you can sign with this key, then I take you seriously—I start to think that you are probably Satoshi.

If you don’t present upfront a message signed with Satoshi’s PGP key and/or known wallet keys, then bugger off.  I have no time to waste on liars.
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Hey Bros, i'm in a hurry, so here's that promised photo from NGC7000 (North America Nebula). Seond try, because my lens fogged in the humid air of the night.
Details: 200mm lens on a H-Alpha modified DSLR, 100x25 sec frames for the stars, 20x60 sec frames for the nebula.



W O W
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Cлaвa Укpaїнi!
Hey Bros, i'm in a hurry, so here's that promised photo from NGC7000 (North America Nebula). Seond try, because my lens fogged in the humid air of the night.
Details: 200mm lens on a H-Alpha modified DSLR, 100x25 sec frames for the stars, 20x60 sec frames for the nebula.



Cool!
legendary
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Man who stares at charts (and stars, too...)
Hey Bros, i'm in a hurry, so here's that promised photo from NGC7000 (North America Nebula). Seond try, because my lens fogged in the humid air of the night.
Details: 200mm lens on a H-Alpha modified DSLR, 100x25 sec frames for the stars, 20x60 sec frames for the nebula.

legendary
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Far, Far, Far Right Thug
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Plant 1xTree for each Satoshi earned!
Don't you think that I know??

No I don't. You do now.


It is essential and important to often use specific out of place and out of order words to trigger people.  Like you.   Cool   Cool
legendary
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Usual WO game.
Where I am: level easy.
Where am I headed to?




Earl's Court underground station.

Maybe you're going to watch Wimbledon?




That was an easy one.



Anyone fancy strawberry and cream?


Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:


Camila Giorgi is also smoking hot btw:

legendary
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Fully fledged Merit Cycler - Golden Feather 22-23

Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:


You ask,
I provide:




legendary
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Note the unconventional cAPITALIZATION!

I don't know if they were daydreaming. Of course, BTC can potentially go $250K or more in the future. That doesn't mean it will Boom in a few months. LOL.

Eventually, sure. And probably sooner than most would think. We're in the doldrums for at least another year though, I think. Healing is needed, bad memories need to fade, confidence needs to return.

Obviously the meltdown of all the DeFi nonsense is going to take a while to be resolved.  Though there are some possible pluses in this.  For example the fact that establishment finance companies (like Goldman) bidding for the smouldering rubble of these DeFi startups is a very bullish sign in my opinion.  It means the big establishment money sees value, even in this broken failures.  The due diligence needed to make offers in this environment means they have, among other things, looked into what the regulatory future is shaping up to be.  Don't get me wrong.  I am no fan of "the big establishment money", and I do not see it as something needed for Bitcoin to succeed.  But as Bitcoin succeeds it is inevitable that we see these folks getting into the pool in ways like this.

Secondly, the emerging conspiracy theory around the BAYC genesis has a long way to go before we burn through that narrative.  And it is dark enough that I kind of expect the powers that be to try at the "See how evil and alt-righ" crypto bros are?" narrative a good run because of that.

The one thing that I see good in all this smouldering garbage is even the average person is going to begin to see that there is a difference between Bitcoin and everything else.

2010: Bitcoin is magical internet money that geeks play with and it's a ponzi.
2012: Bitcoin went up!  I bought in for A dollar and sold for  $50!  I am a genius to have cashed out of that ponzi.
2014: New projects getting started!  Wonder what the next bitcoin is?
2015: World computer is Bitcoin 2.0
2017: ICOs!  The new way to sell illegal securities!
2018: Bitcoin is dead, but something else will emerge from crypto!
2019: Look at all these ETH Killers! Oh, and what's Bitcoin again?
2020: DeFi!  THIS is the future... We all knew smart contracts would be useful!  Maybe this is how?
2021: NFTs!  ICOs with even LESS utility!  (also possibly the worlds most complex troll)
2022: There is a difference between Bitcoin and Crypto

We still have shit ahead of us... The whole energy narrative is just getting started, and most people can't see why PoS is just the old system digitized... And evidently Elon is either too dumb to see what Doge actually is, or hes scamming. So as much as I would like to think we learned our lesson this time, I doubt we have.
legendary
Activity: 1078
Merit: 1441
Usual WO game.
Where I am: level easy.
Where am I headed to?




Earl's Court underground station.

Maybe you're going to watch Wimbledon?




That was an easy one.





Anyone fancy strawberry and cream?




...and of course, Wimbledon started, and so, it starts to rain.
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Usual WO game.
Where I am: level easy.
Where am I headed to?




Earl's Court underground station.

Maybe you're going to watch Wimbledon?




That was an easy one.



Anyone fancy strawberry and cream?


Sure, or put Emma Raducanu in your bag pack for me.
Whichever is easiest.

For reference:
legendary
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That innocent loking LUNA man will get destroyed now. He is enjoying a comfortable life, still,  as shit coin owner this will be the first time a hacker group destroys his life, money and Bitcoin holdings. I am loving it. 
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