Re: Open letter/question to Satoshi

Quote from: hundredpercent on October 17, 2019, 02:21:08 PM

December 2015 a Bitcointalk member discovered a puzzle transaction while playing around with his bot:
https://bitcointalk.org/index.php?topic=1306983.msg13381244#msg13381244
At that time nobody declared such a puzzle transaction which was created January 2015 until the creator of that competition came out 2 years later:
https://bitcointalk.org/index.php?topic=1306983.msg18765941#msg18765941
As of 01/10/2019 there are still more than 100 BTC to win. https://bitcointalk.org/index.php?topic=5166284.0

We think that the early mined coins of Satoshi are also a prize competition and that Satoshi is waiting this coins to be moved. We also think that he will not respond after somebody moves the first coins but it will be a message to the Bitcoin community that the private keys are somehow on the blockchain. If Satoshi disagreed with that conclusion he would have moved the coins to other addresses.

Quote from: almightyruler on October 17, 2019, 02:57:45 PM

Interesting hypothesis, but these could have also happened...

- He lost the keys (James Caan doesn't know how to do backups)
- He became incapacitated in some way, and family/friends didn't know he was Satoshi, or how to recover the funds
- He saw how big Bitcoin's economy had become, and chose to destroy (or put on ice) his private keys, knowing that if the early blocks move it could crash the economy

Quote from: hundredpercent on October 17, 2019, 03:37:05 PM

Yes, almightyruler, anything could have happened. And Satoshi knew that all. He tested all the blockchain with more computers before releasing the applications. He knew what can happen.

Gavin Andresen started a project to give away free Bitcoins https://freebitcoins.appspot.com/ (no more working) and Satoshi wrote June 2010:
Excellent choice of a first project, nice work. I had planned to do this exact thing if someone else didn't do it https://bitcointalk.org/index.php?topic=183.msg1620#msg1620

He waited but thought that someone else will do it. We think that he is waiting that someone moves the early mined coins to show to the Bitcoin community that it's a prize competition and that the private keys are somehow on the blockchain.