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  1. Presentation: Bitcoin, the first and most notable cryptographic money, has overwhelmed the monetary world since its origin in 2009. Made by the pseudonymous Satoshi Nakamoto, Bitcoin presented a historic idea: a decentralized, distributed computerized money that works outside the control of customary monetary organizations. As the trailblazer of blockchain innovation, Bitcoin has started a worldwide development towards decentralized finance and tested traditional thoughts of cash. Decentralization and Blockchain Innovation: One of Bitcoin's key highlights is its decentralized nature. Not at all like conventional monetary standards constrained by national banks, Bitcoin works on a distributed organization of PCs, guaranteeing that no single element has command over the whole framework. This decentralization is made conceivable through blockchain innovation, a dispersed record that records all exchanges across an organization of PCs. Blockchain fills in as a straightforward and alter safe record of exchanges, kept up with by an organization of hubs, or PCs, all over the planet. Each block in the chain contains a rundown of exchanges, and when a block is added, changing the data inside it is basically unthinkable. This innovation not just guarantees the security of the Bitcoin organization yet in addition kills the requirement for middle people like banks to approve and deal with exchanges. Restricted Supply and Mining: Bitcoin works on a deflationary model with a covered stockpile of 21 million coins. This shortage is intended to imitate the shortage of valuable metals like gold, making Bitcoin a store of significant worth. The method involved with making new bitcoins is known as mining, where strong PCs settle complex numerical riddles to approve exchanges and add new blocks to the blockchain. As the compensation for mining diminishes over the long run, the all out supply of Bitcoin slowly moves toward its most extreme cutoff, encouraging a feeling of shortage and worth. Instability and Speculation: Bitcoin's cost instability has been a subject of discussion and hypothesis. The cryptographic money has encountered huge cost changes, drawing in both excited allies and wary pundits. While some view Bitcoin as an unpredictable speculation, others consider it to be a support against expansion and an expected store of significant worth in the computerized age. Worldwide Effect and Administrative Scene: Bitcoin significantly affects the worldwide monetary scene, testing customary financial frameworks and inciting conversations about the fate of cash. Legislatures and administrative bodies all over the planet have wrestled with how to approach and direct cryptographic forms of money. A few nations have embraced Bitcoin, perceiving its possible advantages, while others have communicated worries about its utilization in criminal operations and expected dangers to monetary dependability. End: Bitcoin's excursion from a whitepaper to a worldwide peculiarity has been out and out noteworthy. Its decentralized nature, empowered by blockchain innovation, has prepared for another time of advanced cash and decentralized finance. As the digital currency scene keeps on advancing, Bitcoin stays at the cutting edge, driving conversations about the fate of cash, monetary consideration, and the job of decentralized advancements in reshaping the worldwide economy.
  2. Всем привет! Спорить кто же этот герой в плаще что подарил нам цифровое золото можно до бесконечности и все без толку, да и сам он, спустя столько времени, вряд ли объявится. Кандидатов на его роль как минимум пять, а то и больше. Определить кто из них реальный сатоши нельзя. Но почему по запросу "сатоши накамото" всегда выдает одно и то же лицо? Знакомтесь, самый главный подозреваемый на роль создателя биткоина - Дориан Сатоши Накамото. Как бы он не отрицал свою причастность к биткоину - имена практически идентичные, лет примерно столько же и он тоже знает несколько языков. Совпадения? Возможно. Но в 2014 году одному репортеру и этого хватило для интервью и прогремел скандал - во время самого интервью на вопрос о биткоине Дориан Сатоши ответил: "Я больше в этом не участвую и биткоин обсуждать не собираюсь, теперь биткоин принадлежит другим людям - они за него в ответе" как бы намекая, что да, я создал, но теперь не в игре (перевод вольный) В последствии он заявил что неправильно понял вопрос репортера и ответил подразумевая свою старую работу. Да и аккаунт сатоши спустя несколько часов подтвердил что этот человек не создатель биткоина. Верите ли вы что этот человек может быть причастным к биткоину?
  3. Всем привет ! Что можно делать с потерянными навсегда биткоинами ? Если кто-то найдет способ получить к ним доступ (гипотетически). Взять хотя бы первые 10 000 транзакций по 50 битков в каждой. Они так и будут лежать без движения ? Они потеряны навсегда ? Или Сатоши Накамото просто их не трогает ? Как отнесется сообщество если все эти монеты начнут движение ?
  4. Кто-то двинул 50 BTC которые не двигались с 2009 года. Кошелёк, с которого они ушли, напрямую получил награду за блок 50 BTC в 2009-02-09. BTC намайнены в феврале 2009 , в это время биткоин майнили 3-4 человека. Один из них - Сатоши. На момент добычи этих монет биткоин ничего не стоил. Впервые биржевой курс биткоина был установлен 17 марта 2010 года и составлял $0,003. По текущему курсу 50 BTC можно обменять на $480 000.
  5. The name Satoshi Nakamoto (44) who is the inventor of father of all cryto currencies named 'Bitcoin'. He is still now unknown to everyone as he didn't came into public after the invention. Since than many people claimed themselves as Satoshi Nakamoto. But they couldn't proof. The researchers trying to find out him. But they had failed and still now they are trying. Satoshi Nakamoto (an individual or a group of people) who invented Bitcoin in 2008 and released a white paper on this project in 2009 after a test period on bitcoin.org. His existence was till 2011. After than he never come to any media or public even he didn't introduced himself rather leaved some clue. Based on these clues we can identify him. But it's a confusing process. We can target on four people. In 2014 a weekly magazine called NewsWeek identified a person who was Japanese, named Dorian S Nakamoto (64). His birth name was Satoshi Nakamoto. Later he added Dorian as name prefix and is an Engineer. But he denied to be that Satoshi Nakamoto who is real inventor. He also claimed that he never heard about bitcoin till 2014 and spent a lot of money behind the lawyer to prove that. His family was financially affected too. That's why Bitcoin.org built up a donation wallet for him to meet up his expenses. Then he was donated 2000 btc from all over the world. Many researchers also fingered to Hall Finney. He was found to involved in the development of Bitcoin after the releasing of Nakamoto's white paper. He detected some bugs there and mailed to Nakamoto to fixed them. They mailed each other several times. He was the first miner in bitcoin history. He earned 50 btc daily. After few mining transaction he got a transaction of 10 btc from Nakamoto by a mail. He replied that he will repay him. When he was asked to tell about nakamoto, he refused to identify about him. But in his sense Mr Nakamoto should be a Japanese, and a yound person. The most interesting thing is that, Dorian S Nakamoto and Hal Finney were neighbor. That's why some researchers told that, either Finney is Satoshi Nakamoto neither he knows him. Since early 2014 he is suffering from a critical disease and don't has control over the parts of his body except eyes. Later we can have a little doubt on Gavin Andresen as Satoshi Nakamoto. Because he was also involved in the development of Bitcoin. Satoshi Nakamoto inventor of Bitcoin and bitcoin.org was disappeared after the completion of all procedures and gave the ownership and keys to Gavin Andresen. Since than he took the responsibilities of the development of this website and the community. I doubt that, he must knows Satoshi Nakamoto or he is. We all may know this person. He is the founder of McAfee Anti-virous. He is expert in computer and internet cyber system security protocol. On a conference he told that, he knows Satoshi Nakamoto. Either Mr Nakamoto will reveal himself or he will disclose Nakamoto to the public after a certain period. With this sentence many researchers also haave doubt on him. What do you think? Who could be Mr Satoshi Nakamoto? Please share your opiniosn or arguments in the comment box... (I just researched on Satoshi Nakamoto and find these four faces)
  6. Hello Beginners!!! There are a lot of controversy and conspiracy regarding the true identity of Satoshi Nakamoto and reality still left on mystery but here im leaving an article which are true little history about Satoshi Nakamoto where you can know about Nakamoto and bitcoin more closely. Please take your time to read it 🙂 CLICK HERE TO READ ARTICLE ABOUT SATOSHI NAKAMOTO
  7. Who is the face behind the name Satoshi Nakamoto ? The name is irrilevant, but who and why does he not want to be identified ? Is there something tricky behind all this ? Could it be an extremely important and well known famous person that we all know ? Just that he is holding the fact of letting everyone in the cryptospace know that he is the creator of digital money ?
  8. According to Wikipedia Satoshi Nakamoto is the name used by the pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. hm, what ba Ghost?! First let's prove satoshi nakamoto is a ghost; Satoshi Nakamoto is the "name used" by the pseudonymous person or persons who developed bitcoin, by the word name used it's clear that we're not sure if the guy just used the name or was it his real name. By "person or persons" meaning we're not sure if it was a single person/group of people But Satoshi Nakamoto is an actual name so why would these guys define it like that, or since we have a name why don't we just trace the bloodline? probably some people have tried that, even i tried that (trough googling though) but anyway did not find a clue. What if you force to be a person? well you will end up meeting Dorian Nakamoto's but the guys will tell you himself that he's not Satoshi Nakamoto nor does he know the guy.. sigh! With all that said, we just proved that Satoshi Nakamoto is GHOST! But why would this guy decide to be a Ghost; First i give him a million credits, there is no other famous person that is Famous but no one has never seen their face, So we will start with what people say then to what do i say about this; People says; He hid his identity to escape from from been approached by FREEMASON Other says he did not hid it on purpose we simply did not care about the public (but who does that, LOL. / even i am here on cryptotalk to be famous 😝) Others says he was murdered and the killer stole his project to avoid been caught he released the bitcoin anonymously. Or perhaps he was juts hiding from the attention of the authorities, other say what do i say; - I think he was too much of a computer geek to go out, i don't know man i mean why else?
  9. First I should confess I'm one of those people who have dedicated some of their time in life to solve the mystery of Satoshi Nakamoto his Identity and his BTC. I could say according to Wikipedia but It is Satoshi Nakamoto himself who claimed that he was 34 years old 10 years ago and it was the time he disappeared. So it is clear that Satoshi is not 44 years old and he disappeared when he was 34. Here is a coincidence; the whole of bitcoin supply is 21 bitcoins in 2041 it is said that all of bitcoin would be mined. Now 2041 - 2009(the initial release of Bitcoin) we get 32. do you see this 34 for 32 it is very accurate like it was all planned and probably the supply of bitcoin will end on exact 34 years. With this coincidence I say Satoshi Nakamoto dd not die he juts disappeared on purpose, what do you say.
  10. The biggest question I ask myself all the time is why Satoshi Nakamoto has specified the total number of bitcoins that are to be in circulation. He just has to make it unlimited as ETH. And it's even safer and more relaxed. So can you please tell me, why did he do it like that?
  11. Its already been a decade of Bitcoin release and the founder of bitcoin is still anonymous, still people are so curious to know that mastermind who single handedly made first blockchain although many people has claimed to be Satoshi Nakamoto but without any legit evidence. It is said that Satoshi Nakamoto Himself Mined the bitcoin for the first time and he carries about 1 million of bitcoins , on 28th December 2017, price of bitcoin almost reached 20 thousand dollar if we calculate then at that moment Nakamoto had about 20billion dollar that means he was top 50 richest person in the world. So the question is why would anyone with that much money doesnt want to come on main stream and live a dream of millions people being a celeb ?
  12. First up: I know that there is already a topic for this. https://cryptotalk.org/topic/8452-bitcoin-rap-battle-crypto-vs-banks/ My reasons for putting up another similar topic are as follows: I've created this topic so we can have a more in-depth discussion about the contents of the video. Each points presented deserves special attention: however, since the video was made in a rap battle format, further discussions in the video itself are limited. The makers of the video have to balance out the information and entertainment value of it after all. So it is up to us now to fill up the vacancy on the more serious discussion. Our loyalties to crypto is obvious: you and I probably won't be registering in this forum in the first place if we're not. But to make this discussion MORE FUN 🥳🎉🎉, I would like to introduce a special rule first, just for this particular topic: Before posting your first comment here, make sure you declare on which side you're on first. And try to stick to it. (Choosing the neutral side is NOT allowed! 😁 ) (Declaring your side but not adding additional comments to that post will be considered as a 'useless content' offense and is also NOT allowed.) (Just one announcement is okay, no need to declare on succeeding posts. If you want to change sides (Turncoats!!! 😂 ), you may edit your first post with the announcement, then update your next post declaring so. You can then proceed with the discussion as normal.) I'll start. I know 99% of you guys are going to pick Nakamoto-san, so I'll choose Mr. Alexander Hamilton's side for this discussion. This discussion won't go anywhere if nobody's going to play the villain. Somebody's gotta do it. 😈 I'm not an economic expert on fiat (or anything crypto-related for that matter), but I'll do my best 🙂 . If you haven't watched the Youtube video yet, you can watch it from here. ... ... ... Don't forget to quote a specific line if you want to make an approval/rebuttal on my or others' comments. Just an extra precaution to avoid confusion in our discussion 😄 . This topic post is quite long: Please, please, PLEASE, do NOT quote this post IN FULL. Quoting only the parts you want to comment on will suffice. The lyrics of the rap battle were taken from this article (with a few minor corrections). https://www.freecodecamp.org/news/this-absurd-rap-battle-summarizes-the-arguments-for-and-against-cryptocurrency/ I've chosen not to comment too much in favor of Bitcoin and Satoshi Nakamoto in this post on purpose - some of you must help defend him!!! Without further ado, let's proceed with the main discussion. Since the beginning of human civilization, there has always been a need for a medium of exchange. The concept of the fiat currency may have been relatively new, being the one who replaced the flawed gold standard and all, but its function is basically the same. The only difference is that centralization of the fiat is an absolute necessity. In this way, restrictions on printing money can be enforced. The production of fake money by criminals is particularly suppressed. On the other hand, yeah sure, Bitcoin's total supply is capped at a fixed amount determined by its creator (21 million BTC). But what about the other cryptocurrencies? What is our guarantee that cryptocurrencies cannot be faked, if not by criminals, then by the developers themselves? For one thing, cryptocurrency is a very hard subject to understand, I doubt even a kindergartener can use it. And being a digital currency, the toddler has to learn how to use a computer first, which you wouldn't see any normal kindergarten school teaching this subject. On the other hand, using pennies to buy candies from a store is almost as easy as [1 + 1]. See what happens when people invest in "something they don't really understand"? They buy Bitcoins when it's 'overpriced' then the BTC market drops, and they lose a lot on their investment. Don't even start on lecturing them to do a Google search, the computer tech lingo is like Greek to the average Joe. With BTC going for another ATH this late 2020, there's going to be more victims of making wrong investments based on false promises of getting rich. BTC may get to be more expensive after some more years have passed, but most of these people are not that patient or may even be deceased by that time. Cryptocurrencies claim to be "decentralized", but centralized cryptocurrency exchanges are proving otherwise. Crypto exchanges have KYC, they can help track and/or block crypto hackers trying to dispose of their loot on the exchange, they have customer support if there is a problem, etc. You have to admit, centralization is important to cryptocurrencies as well. Speaking of customer support, how about what happens when you lose your passwords and private keys? (There are plenty of ways to lose them: theft, arson, natural disasters, Alzheimer's, you name them.) Unlike banks, where your money is secure as long as your identity is preserved in their system, and if anything bad happens, you can always talk to a lawyer. This is where the points in the rap battle video gets very particular. Without law, chaos in society will ensue. To ensure that laws will be enforced, governments exist. The whole economic system is also governed by laws, even Bitcoin is governed by laws embedded into its program. So Bitcoin in a way is also keeping control of crypto users, particularly in mining and transaction speeds. Mining, I can accept that halving is necessary to produce scarcity and make Bitcoins more expensive as time goes by. But what about the Bitcoin whales? Some of these guys have especially large holdings of Bitcoin back when mining is cheap on hardware and electricity. Now when some of these whales are on the move, the Bitcoin market can sometimes go into a panic. To prevent this, websites like the Bitcoin whale alert (their link is here) have to exist just to let crypto users know their movements. If this movement by Bitcoin whales isn't what you call market manipulation, then I don't know what else you call it. Also, transaction speeds is slow on Bitcoin. Adjusting the Bitcoin code to accommodate the transactions should be a piece of cake, but why Satoshi Nakamoto didn't do it? Does he himself want some control after all? Maybe the ones supporting BTC hard forks like Bitcoin Cash has this same sentiment. All man-made systems are not 101% foolproof. Bitcoin is a man-made system, therefore it is not 101% foolproof: in fact, there is a topic about the most recent bug being discovered by Bitcoin engineers. https://cryptotalk.org/topic/111177-bitcoin-engineers-have-again-discovered-blockchain-vulnerabilitynow-fixed/ There is no guarantee that some evil hacker will not be able to find a bug exploit in the code by chance. So if something remotely bad happens to Bitcoin's code and billions of dollars worth of BTC are affected, who's going to take responsibility for it? I'd feel bad for the current BTC developers if they are the ones who's going to take the fall. I wouldn't say that fiat is perfect either. But if something bad happens, then the government can at least take the responsibility. If they don't, then the people involved can still face prosecution. LOL, this is one of my favorite lines in this rap battle, and Mr. Hamilton's point is spot on for Bitcoin. Bitcoin is digital currency, right? And Bitcoin needs a computer network, right? How about some countries and areas where computer networks are unavailable or too expensive to maintain? And as I have mentioned above, cryptocurrencies is a hard subject, one which a kindergartener would have difficulty to understand. Even adults can have difficulty understanding the subject. There is a proverb saying that along the lines like "if something is already good enough, why change it?", and the general population in a certain country will be reluctant to adopt cryptocurrencies if it means its harder to use than fiat, which has been excellent already in that role. So, is using Bitcoin worth it in those cases? Nakamoto-san's counterargument on this one is pretty weak. First, paper money today isn't technically made from trees AFAIK, it's made from stronger materials like cotton and abaca. Second, Bitcoin miners may have had the right to use electricity no matter how much if they're going to pay for it anyway, but they should at least be considerate of the energy required to produce that electricity. Sure, everyone's involved in the global warming issue, you and I included, but Bitcoin miners whose energy source come from generators powered by fossil fuels can be pointed out as some of the ones who contributed the most. And third, trees are a renewable resource (you can plant new ones), a large percentage of society's energy resource which is fossil fuels is nonrenewable. Bitcoin is actually helping deplete the world's fossil fuel reserves. Good luck to the promise of cold fusion if such a power source finally becomes commercially available in this century. This issue where the counterargument that fiat is also used for crimes is getting old. So how about something else? Like, what if Bitcoin and cryptocurrency becomes THE normal mode of exchange? Criminals already know that Bitcoin accounts are private, but transactions are public. So the next obvious step is for criminals to use crypto coins whose accounts AND transactions are private. Such coins already exist: I'm not going to mention exactly what those coins are. What are our law enforcers going to do about it, if tracing such transactions are very difficult if not impossible? Bitcoin's #181. So how about Ethereum? Litecoin? Tether? And all those 1000+ other altcoins, both living and dead? Can the cryptocurrency exchanges system help regulate these crypto coins alone? ... ... ... Remember to abide by the rules of the forum when posting. The following are particularly important: No useless content No off topic remarks No hate speech
  13. Today is a special day because it's been ten years since Satoshi Nakamoto's last public event. BTC has been considered the best performing asset in 10 years and is showing no signs of slowing down, especially in the current environment of a global pandemic and the potential for a serious financial crisis. The interesting thing is that 10 years ago today, the person who started it all (or a group of people) Satoshi Nakamoto; He left the last public message before his disappearance and was never seen again. Satoshi Nakamoto is the anonymous creator of the Bitcoin network. Many people want to know who this person (or group of people) could be. What we know; On December 13, 2010, Satoshi was most recently seen active in a forum in a discussion about the network's resistance to DoS attacks. Since then, the mysterious creator of the most popular cryptocurrency has never been seen. So far, there is no public and verifiable information that definitively identifies Satoshi Nakamoto.
  14. My friends know that the amount of bitcoin on all trading platforms does not exceed 10% of the total amount of bitcoin and there is also 10% of the value of bitcoin will be mined during the next 120 years. But who owns 80% of the value of Bitcoin? In my opinion, there is an organization that is often the one that created these currencies. It is the one that possesses the largest amount of bitcoin currency and seeks to increase the value of bitcoin continuously so that this organization guarantees financial control over the world. What do you think about that?
  15. Has any idea if there is any movie related to crypto world. If once upon a movie about Satoshi is made, which is your favorite actor/actress to interpret Satoshi Nakamoto? I like Jessica Chastain Which Hollywood actress / Actor do you choose?
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