<<  >> (p.2)
    Author Topic: Satoshi's now has 600- 700k bitcoins?  (Read 1218 times)

    • Koko1200
    Full Member
    ***
    Offline Offline

    Activity: 225
    Merit: 100



    View Profile
    August 22, 2018, 10:16:43 AM
     #21
    Quote from: atorle on August 22, 2018, 12:15:00 AM
    It has often been reported that the creator of bitcoin - Satoshi Nakamoto- has at least a million bitcoins, that could spark a lot of market distortions should those coins ever move from their wallets, but recent report by Bitmex's research team suggest figures 30 percent lower. 600 - 700k bitcoins
    What do you think? Any significant difference?



    Reference: https://news.bitcoin.com/satoshis-1-million-bitcoin-haul-could-be-smaller-than-first-thought/
    This is of course awesome bad knowing who he is from the rumours I think that he actually don't need it, just imagine for somebody like him to have so insanely big money amount.

  • dothebeats
    Legendary
    *
    Offline Offline

    Activity: 3864
    Merit: 1357


    View Profile
    August 22, 2018, 11:37:40 AM
     #22
    It doesn't matter at this point in time, though I must say that 600-700k bitcoins can still drown the whole market if ever Satoshi wanted to dump, or even move his coins whatsoever. I don't really see him utilizing those coins seeing that he hasn't even appeared on any forums, blogs, mailing list whatsoever in the web. Even if he has that many coins, it would be pretty useless assuming he can't and won't move it. The amount of bitcoin the creator has is just, IMO, a sensationalized part of what was that cannot be altered given that Satoshi himself don't even want to get involved on his magnum opus.

  • BitcoinHodler
    Hero Member
    *****
    Offline Offline

    Activity: 1456
    Merit: 579


    HODLing is an art, not just a word...


    View Profile
    August 22, 2018, 11:54:44 AM
     #23
    Quote from: TheArchaeologist on August 22, 2018, 07:24:07 AM
    More certainty could only come when coins get spent..

    the only way you can become certain of how much he owns is that if Satoshi creates 1 transaction including all the outputs and spend all of them. otherwise spending from different keys at different times doesn't prove anything. it can still be 100 different people who had nothing to do with Satoshi but mined early blocks spending their coins.
    Holding Bitcoin More Every Day

  • Perkovic
    Jr. Member
    *
    Offline Offline

    Activity: 154
    Merit: 1


    View Profile
    August 22, 2018, 12:28:08 PM
     #24
    I do not know who to believe but the fact that Satoshi is simply a colossal state is a fact Grin
    inMIN.it TIME BASED CRYPTOCURRENCY██
    ICO Pre-Sale : October, 2018 ██

  • fairytale
    Jr. Member
    *
    Offline Offline

    Activity: 209
    Merit: 1


    View Profile
    August 27, 2018, 11:01:17 AM
     #25
    that was a great numbers of bitcoin if Satoshi has it.This may result to the empowerment of satoshi that can be bought anything he wants.This makes Satoshi able to regain the handling of the manufacturers locally and globally.

  • burky156
    Full Member
    ***
    Offline Offline

    Activity: 658
    Merit: 112



    View Profile
    August 27, 2018, 11:07:17 AM
     #26
    No one knows howmany bitcoin Satoshi Nakamoto has, but if you are saying right, let me calculate (!) it makes more than $4.5 billion.. This is huge money, i would scare if i have that much cash.. And he never makes statements about anything or seen anywhere. I know lots of people who doesn't believe that he is exist!

  • messito
    Jr. Member
    *
    Offline Offline

    Activity: 154
    Merit: 1


    View Profile
    August 27, 2018, 11:08:07 AM
     #27
    I do not know 600-700 thousand of them from him or a million, but I can say for sure that this is a very large amount on the account
    [ M O B U ] The Investment Bank of the Future
    The Security Token Protocol and Licensed Security Token Exchange
    https://mobu.io/

  • kniheant
    Newbie
    *
    Offline Offline

    Activity: 182
    Merit: 0


    View Profile
    August 27, 2018, 11:11:26 AM
     #28
    no one knows that,satoshi created bitcoin bit it 's so hard to say he has 600k bitcoin.

  • InformerKin
    Newbie
    *
    Offline Offline

    Activity: 72
    Merit: 0


    View Profile
    August 27, 2018, 12:41:51 PM
     #29
    I've read an article lately about 10 biggest owners of BTC and Satoshi with number one had over 1 million coins. How do they measure it is out of my understanding though.

  • Zalaster
    Member
    **
    Offline Offline

    Activity: 308
    Merit: 13


    View Profile WWW
    August 27, 2018, 12:52:28 PM
     #30
    If this is true, then Satoshi Nakamoto will not use these coins to damage Bitcoin. This is unreasonable. He created Bitcoin, and he's the last person to hurt him.

  • Ucy
    Sr. Member
    ****
    Offline Offline

    Activity: 3052
    Merit: 421


    Ucy is d only acct I use on this forum.& I'm alone


    View Profile
    August 27, 2018, 01:41:09 PM
     #31
    This all speculation though. It could be much less than that by the way. There is absolutely no proof he owns that much Bitcoins. He deserves it though if he indeed does own them. He took alot of risk. Plus very few people have that level of self control and discipline.


    It is a mystery why all the old coins have remained unmoved.
    He probably lost/destroyed his privatejkeys or currently under house arrest ?

  • LimePleasant
    Newbie
    *
    Offline Offline

    Activity: 64
    Merit: 0


    View Profile
    August 27, 2018, 01:48:45 PM
     #32
    Now imagine he decides to sell all his Bitcoins. This would damage the market very seriously especially with the capitalisation we have at the moment wich is still very low.

  • Kekenapep
    Jr. Member
    *
    Offline Offline

    Activity: 84
    Merit: 3


    View Profile
    September 04, 2018, 01:03:22 PM
     #33
    But satoshi nakatomo is anonymous,now how did you guys come about all this figures,this is all speculations and in my candid opinion;shouldnt be taken seriously.

  • cpoer2011
    Full Member
    ***
    Offline Offline

    Activity: 560
    Merit: 108



    View Profile
    September 04, 2018, 01:17:35 PM
     #34
    I don't know where the number came from that Satoshi's has 600K-700K Bitcoin on his wallet instead 1M Bitcoin just like reported before. But, I think it doesn't matter because we don't know who Satoshi is. Is he a single person or any person. Now I'm just thinking about my bitcoin.

  • gentlemand
    Legendary
    *
    Offline Offline

    Activity: 2604
    Merit: 3089


    Welt Am Draht


    View Profile
    September 04, 2018, 08:56:22 PM
     #35
    At the original block reward you got 7200 coins a day. That's only 100 days of unbroken mining by Satoshi to get 720,000 coins which would only take you up to early April 2009. There would've been dabblers, Hal Finney being the first of course, but there were points where outside interest was nil.

    Both the original and Bitmex estimates feel plausible. The exact figure is kind of academic. It's enormous no matter what.

  • TheArchaeologist
    Sr. Member
    ****
    Offline Offline

    Activity: 310
    Merit: 727


    ---------> 1231006505


    View Profile WWW
    September 04, 2018, 10:00:33 PM
    Merited by pooya87 (1)
     #36
    Quote from: gentlemand on September 04, 2018, 08:56:22 PM
    At the original block reward you got 7200 coins a day.
    In the beginning the average time for finding a block was over 10 minutes. Since the difficulty was it 1 it couldn't be dialed back. Your calculation of early April is about 6 weeks off since block 14400 (6*24*100) was mined on May 14 2009.

    But I agree it's still a lot of coins Smiley
    Sooner or later you're going to realize, just as I did, that there's a difference between knowing the path and walking the path

  • Donationcoin
    Full Member
    ***
    Offline Offline

    Activity: 392
    Merit: 100



    View Profile
    September 04, 2018, 10:09:19 PM
     #37
    It is good to have, but in my opinion Satoshi is not the regular person, and for him it is not the same as for me in example, because I would be using it, while he is just holding.

  • giantrobot
    Full Member
    ***
    Offline Offline

    Activity: 564
    Merit: 100



    View Profile
    September 05, 2018, 02:41:55 AM
     #38
    Of course, Bitcoin is the spirit child of Satoshi, surely he will not ruin it. As far as he owns Bitcoins, it does not affect the price of Bitcoin today, because there are so many Bitcoins in the world. To think more positively, Satoshi is the founder of Bitcoin, so he lets himself and some descendants be obvious.

  • boboshrish
    Copper Member
    Jr. Member
    *
    Offline Offline

    Activity: 322
    Merit: 1


    View Profile WWW
    September 06, 2018, 03:51:55 PM
     #39
    I think mr satoshi have more then 600-700k bitcoins. May b he is the reachest person of the world.

  • Ava Duvall
    Jr. Member
    *
    Offline Offline

    Activity: 154
    Merit: 1


    View Profile
    September 06, 2018, 04:10:54 PM
     #40
    Quote from: FlexBrah on August 22, 2018, 03:59:48 AM
    In any case, this is a huge number of BTC that can affect the market, plus to this it has in the same amount all hard forks bitcoin
    Of course it can affect the market , it would be massive. But I believe he has even more
    Pages: « 1 [2] 3 4 »  All
      Print  
Page 1
Viewing Page: 2

IRLBTC™ © 2025 IRLBTC.com