What If Satoshi Actually Lost His Private Keys

rodel caling

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Quote from: ralle14 on August 19, 2019, 05:29:45 PM

Satoshi can't log in to his forum account, afaik theymos is the only one who have access to satoshi's account. Also signing messages from a bitcoin address is not the only way for him to prove he's the real Satoshi.

If his account becomes active and starts posting I believe it's him since he's given enough proof to theymos.

Quote from: theymos on April 25, 2013, 01:12:22 PM

His account is locked, so no. If he wants to claim his account, he'll have to contact me with a PGP signature.

Haha exactly mate and Yeah theymos is the left hand of satoshi as i know if not wrong because the real owner of this forum is satoshi theymos appointed as administrators. Your correct only theymos. For now no need to argue how is real satishi because for sure he stand their decision to hide their identity. If the private of satoshi get lose possible lost his investment but for the expert and genius like him he have a lot of back up to keep safe their keys.

Oceat

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Quote from: De4ted on September 01, 2019, 09:21:16 AM

Quote from: ralle14 on August 19, 2019, 05:29:45 PM

If his account becomes active and starts posting I believe it's him since he's given enough proof to theymos.

Quote from: theymos on April 25, 2013, 01:12:22 PM

His account is locked, so no. If he wants to claim his account, he'll have to contact me with a PGP signature.

This makes sense, but I just wonder what if the hacker is capable enough to show proof? we all know that no one knows the who the real satoshi is.

It is up to theymos and the people who make a contribution in Bitcoin to judge and decide how would they want to ask for more information if he is really the real Satoshi Nakamoto. I wonder if a hacker could answer all of the coming questions that will be thrown at him by the community especially on the people here who witnessed the real work of Satoshi.

De4ted

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Quote from: ralle14 on August 19, 2019, 05:29:45 PM

If his account becomes active and starts posting I believe it's him since he's given enough proof to theymos.

Quote from: theymos on April 25, 2013, 01:12:22 PM

His account is locked, so no. If he wants to claim his account, he'll have to contact me with a PGP signature.

This makes sense, but I just wonder what if the hacker is capable enough to show proof? we all know that no one knows the who the real satoshi is.

fullhdpixel

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Quote from: Saisher on August 28, 2019, 10:11:15 PM

Quote from: Devawnm367 on August 19, 2019, 04:26:38 PM

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

The latest Satoshi that has come forth, uses this alibi to claim that he is Satoshi Nakamoto but many people will not believe this kind of alibi, this is quite unbelievable, for me it's unacceptable, he is the creator and a techie guy, he should know how to protect his private key what an irony.

There is no claim that will ever be accepted as long as that coin does not reduce, and if satoshi has lost the key, then we might has well just forget that there is anyone called satoshi and just agree that bitcoin was developed by an invisible spirit because those ones claiming to be satoshi cannot even have access to the key, and the other fool that claim to have some old laptop and how he misplaced the access to the coin really does not have any convincing thing from everything that he wrote there.

I want to believe that the real satoshi is even out there, and just waiting for the right time to actually make himself visible to the world but I ever doubt if it would be now, kind of too risky for him because government would be after him for now, especially America and china.

Lauren Smith

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Who cares? Why is someone pretending to be Satoshi a scammer? What would the be scamming you for and gaining for the scam? Even if Satoshi came here and said he lost all his bitcoin. Why would that happen?
What makes you think they would lose their bitcoin and not have it spread across their account? IF they developed bitcoin and never kept any then that is incredibly foolish.

Saisher

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Quote from: Devawnm367 on August 19, 2019, 04:26:38 PM

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

The latest Satoshi that has come forth, uses this alibi to claim that he is Satoshi Nakamoto but many people will not believe this kind of alibi, this is quite unbelievable, for me it's unacceptable, he is the creator and a techie guy, he should know how to protect his private key what an irony.

maxreish

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This is indeed an interesting thread. Why do we have to problem the lost private keys and the come back of the Bitcoin creator Satoshi? For i believe he will remain be anonymous and that he already achieved what he wanted to do with bitcoin. And since theymos already cleared that his account was already locked. Then, there is a small chance that he may post it again using that account and with our doubts setting aside if p2p signature for strong proof is necessary.

crzy

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The supply will become more limited and we can have the best price, but I doubt that he actually lost it because he knows the important of keeping the private keys and he knows that if something happen, he can no longer recover that so for sure his bitcoin is still safe.

Meysa_richa

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I don't know what will happen, for sure this will be big news. And a moment later will surely have an impact on the decline in the price of Bitcoin, before finally all the problems can be resolved.

shinohai

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Quote from: jostorres on August 28, 2019, 12:19:51 PM

Quote from: ?? on ??

With such sensitive private key, I have come to a conclusion that, Satoshi won't forget Hus private key but might have kept it where no human can gain access because of it importance. For logging into his account on the forum will not prove anything as such than signing the message from the address.

There is no one that would believe in the future of this project more than satoshi, and it was because he saw the future that made him keep almost a million bitcoin to himself, and for such smart persona, do we really think he would joke with the key.

I would not be surprised if satoshi has even tattled the key on his body, especially the area that is mostly covered in the body, no one knows, but I am sure he knows very well where the private key is stored. Now we even have some hackers that are guessing private keys, I have seen some people claiming to have developed software that can easily crack private key and if they can do that, why would satoshi not be able to gain access to his own account even without the key.

I'd genuinely love to know these people that "claimed to developed software that can easily crack private key", as it would mean ECDSA is broken. Guessing keys is more likely, but with 2^256 possible private keys in the space, I'd wager your safe (for now).

jostorres

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Quote from: ?? on ??

With such sensitive private key, I have come to a conclusion that, Satoshi won't forget Hus private key but might have kept it where no human can gain access because of it importance. For logging into his account on the forum will not prove anything as such than signing the message from the address.

There is no one that would believe in the future of this project more than satoshi, and it was because he saw the future that made him keep almost a million bitcoin to himself, and for such smart persona, do we really think he would joke with the key.

I would not be surprised if satoshi has even tattled the key on his body, especially the area that is mostly covered in the body, no one knows, but I am sure he knows very well where the private key is stored. Now we even have some hackers that are guessing private keys, I have seen some people claiming to have developed software that can easily crack private key and if they can do that, why would satoshi not be able to gain access to his own account even without the key.

Mr Zet

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I think that this article sum up whole case.
It's funny, but his story were actually well written, but not well targeted. It was created for all those people who see in Bitcoinan opportunity for quick money (despite the criticism of such approach in the first part - but such kind of people won't ever admit they are greedy and lazy). All climax of this reveal, with those fancy numbers and religious references don't match tu actual crypto enthusiast, who only want one, simple thing: genesis key. And any crazy explanation about Satoshi sending his laptop to the support won't work in that case.
And even if he, somehow, actually lost all his assets, he still would make his reveal in different way than through some shady PR firm

Karlinz

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Personally I do not believe that the name Satoshi Nakamoto is the real name of the person that founded bitcoin, knowing the threat crypto poses to the traditional money system and government, he would not want his real identity traced, besides there could be possibilities that he is not holding much as a lot of persons had assumed. Bitcoin is just 21,000 in total supply and he must have been selling some all these while.

manok jepang

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Jika Anda berbicara tentang Satoshi, beritanya masih membingungkan, bukan? Saya tidak tahu seperti apa Satoshi sekarang dan di forum ini atau tidak. kemungkinan besar akan tetap di tempatnya, jika Satoshi menjaga kerahasiaannya dari siapa pun / semua orang, tetapi jika dia telah membuat petunjuk kepada siapa saja yang dapat menemukan kunci pribadinya, dompet Satoshi akan terbuka seperti puzzle atau teka-teki dengan hadiah dari sekitar 1 juta BTC.

LUCKMCFLY

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Quote from: Devawnm367 on August 19, 2019, 04:26:38 PM

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

It is simple, in the case that Satoshi loses his private keys, the value of Bitcoin increases, which is why many lost bitcoins make the number of Bitcoins worldwide much more finite, and if there are fewer bitcoins more value will it have because the Demand will grow and supply will decrease.

ralle14

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Quote from: btctousd81 on August 22, 2019, 10:02:31 PM

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

Just because Satoshi missed the opportunity of selling his bitcoins during the peak doesn't mean he's dead. There's other possiblities too, it could be his decision to not move those coins and intentionally lost his wallet or wherever the keys are stored.

Quote from: electronicash on August 25, 2019, 12:00:09 PM

he didn't mind disappearing for years, i don't think he cares his millions of BTC for if he does he would have sold them. i think he deliberately burned those coins himself. what matters is that those coin will not circulate in the market and be dumped.

Even if Satoshi sells all of his bitcoin the crash would only last for some time because the market always recover over time.

FIFA worldcup

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Quote from: Devawnm367 on August 19, 2019, 04:26:38 PM

I am not saying that I believe his story what so ever. Lets say Satoshi Nakamoto DID really lose his keys due to a freakish accident. Would there be any way he could actually prove himself.

If Satoshi was to log into the Satoshi Account on this forumn and say I lost all of my Bitcoin keys, would anyone believe him?

Would a post here be enough proof?

If THE Satoshi logged in after almost 10 years of being Non Active and said word for word what the Newest Satoshi Scammer is saying but said it on this forumn would the community believe him, or would everyone just think his founder account had been compromised? I am curiouse on everyones thoughts on the subject. If from a previouse satoshi acct he said the same thing. I feel I would kind of trust him...

Posting from the Satoshi account will not proof that satoshi is alive nor signing from any old address can prove anything. Many people try to claim themselves satoshi and all of them have faded away with time.
A safest way is to believe that satoshi is dead and he will never be available in the real and online world. This is the best assumption for all those who may claim themselves Satoshi.

Velkro

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Quote

What If Satoshi Actually Lost His Private Keys

He didnt lost it, he died and just didnt passed them further.
Satoshi was Hal Finney, true genius of our times.

electronicash

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he didn't mind disappearing for years, i don't think he cares his millions of BTC for if he does he would have sold them. i think he deliberately burned those coins himself. what matters is that those coin will not circulate in the market and be dumped.

barbara44

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Quote from: btctousd81 on August 22, 2019, 10:02:31 PM

If Satoshi Actually Lost His Private Keys , then those 980k btc are lost forever or until someone breaks bitcoin encryption.

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

but cant tell what his vision is.

If it was easy to break crypto encryption, I am sure that by now, the government US would have hired the best hand to do so, but unfortunately, it seems like it is some that I a little bit going to be difficult and if there is any chance of it being successful, it would really takes years of research.

If Satoshi has really lost his key, then it is good for the market because the worth of that coin right now is about $10 billion, and you can imagine if such amount is being dumped at once, that would crash the whole system of bitcoin down completely, so better it is missing the way its missing now. There is this guy that is also claiming that it is possible to have it burnt and I am still kind of wondering how this self-acclaimed guru intend achieving that.

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