Re: Why people sending transitions to Satoshi's first bitcoin wallet
What I would add as a reason is that some may think that Satoshi will one day show up and send them something back
Interesting that's a very good point it's true people might be thinking may be Satoshi will send them something back.
But people indeed have been sending bitcoins to this address like a wishing well.
It's been discussed on bitcointalk since 2012 or may be even earlier.
https://bitcointalk.org/index.php?topic=70553.0
And the address for the 50 BTC generated is here:
- http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
Not only has that coin not been spent, it has received nearly a dozen "tips", adding more than .11 BTC to its balance.
- http://blockexplorer.com/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
Not only has that coin not been spent, it has received nearly a dozen "tips", adding more than .11 BTC to its balance.
Others have done it, so why not consider doing it for the luck of it.
Make a wish when you tip The Satosh via the Wisdom Well. Possibly the only wishing well on the internet that may never be converted to fiat.
~Bruno~
and yes many followed and tipped some bitcoins
I sent ~.0268 yesterday.
Satoshi, I wish you'd buy my house.
Satoshi, I wish you'd buy my house.
I've tipped The Satosh 0.0424242 BTC, then declared my wish:
Someone sent full 4 BTC in 2013-01-27, as of today it worth $190,747.60, that must be the highest wishing well donation ever.
https://www.blockchain.com/btc/tx/db9e8d8a112437a5fc620c969cc76f3683e98475737c286d62002369f0f46fe5
Another interesting thing on 25 Feb, 2021 Coinbase IPO official SEC filing they mentioned this address under Satoshi Nakamoto
https://www.sec.gov/Archives/edgar/data/1679788/000162828021013355/coinbase-possx1.htm
but we cannot say these coins are "frozen forever", as OP did.
Well to be honest I said that based on the facts and Satoshi's nature, since he did not move his coins in 12 years. I'm aware that Satoshi created his first wallet he must have access to it too but is he going to spend it? I think no.
I'm sure I'm not the only one who thinks so.
Possibly the only wishing well on the internet that may never be converted to fiat.
has anyone ever thought of the possibility that the coins are just lost. its very likely satoshi will never get them.
Possibly the only wishing well on the internet that may never be converted to fiat.
Now I'm feeling urge to send some sats a Satoshi.
Regarding quantum computers and if they able to break Bitcoin cryptography, do you still think bitcoin would be worth any thing? Also I do believe since its an open source before "quantum supremacy" is reached a simple soft fork to bitcoin will be a click away.