Post
Topic
Board Bitcoin Discussion
Re: Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses?
by
Temik2704
on 10/10/2018, 14:44:30 UTC
Here is my 2 cents.  Roll Eyes

I do not believe Satoshi ever conceived that this experiment would become this successful and that bitcoins would become this valuable. I think he only mined coins in the beginning to get things going and he most probably lost most of the private keys for those mined coins.

Remember, back then most of these coins was virtually worthless, so throwing them around and playing with them was not a big deal. Just imagine if Satoshi has to emerge now and admit that he lost all of the private keys for those coins that was mined in the early days.  Grin

A funny theory Cheesy Hope you are right and we can consider that 900k BTC are removed from total supply.
It will be a disaster for BTC price if these Bitcoins will be transferred to exchanges and sold!
Then it will be better for every of us if everything will remain at same places.