Didn't Satoshi have 1Million BTC? or that was bullshit :O
Satoshis untouched addresses DO have about million coins in them, but they are not in one address.
Those coins are in many addresses, each of them holding "only" 50
BTCSatoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.
So you are saying Satoshi has 20,000 Bitcoin addresses each holding 50 BTC? Dang, tat must be a lot of work to cash them out if he every wanted to. I mean imagine how long it would take. And some of the transactions might get screwed up and you just lose 50 BTC like that. Although he is a lot smarter than I am so he probably figured a way around it.
Why would it take a long time to cash out?
He can send roughly 6000 transaction in a block according to this:
https://bt.irlbtc.com/view/1782523.msg17777814#msg17777814So he's just going to wait for 4 or 5 blocks.
Once they hit the exchange it doesn't matter if he has 50 000 or 100 000 or 1000000 cause no current exchange has walls with 50k above 10$.
I am very confused by this...
It says the richest address has 158BTC in there. Then right below it, it says that 1718 accounts have 1000 BTC or more. How does one of them not have more than 158? I am probably missing something extremely obvious but was very confused by this.
It says 158 262.
Didn't Satoshi have 1Million BTC? or that was bullshit :O
Satoshis untouched addresses DO have about million coins in them, but they are not in one address.
Those coins are in many addresses, each of them holding "only" 50
BTCSatoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.
Is there any concrete source to this thing? I mean bitcoin is already $5000 when does he plans to get a bit of luxury in life. Is he waiting for a time when he can buy everything just by transferring bitcoin?
There is only one single way to approximate the coins satoshi holds and only the minimum.
That if he still has access to the coins.
Take the period when we know he was solo mining and calculate all the blocks left untouched.
That number is close to 1 million if I remember correctly.