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Satoshi Coins Move in 2017

Satoshi Coins Move in 2017


The undoing of bitcoin? The second block of BTC was mined on Jan 9 2009, by the mysterious Satoshi Nakamoto. The block is currently worth over $100,000. If any amount is sent from these bitcoin addresses to another, according to, the bet resolves as true.

Movement must persist after 20 confirmations. Any bets 48 hours before the move will be refunded.

Decision Logic

Satoshi is stuck between a rock and a hard place. On the one hand, his coins are worth millions. On the other hand, if he moves one, the price of bitcoin tumbles. On the third hand, maybe he's the NSA.

Simple bet here: if the "Yes" bets win, our coins will quickly be worthless.

CLOSING IN2017-11-01 07:00:00

9:46AM, Jun 3, 2017 UTC

7:00AM, Nov 1, 2017 UTC

8:00AM, Jan 1, 2018 UTC

RESOLVED AT 7:13AM, Jan 3, 2018 UTC

Total Volume: 0.0410

This bet has been resolved!

The outcome was "No"

0.041 was split between 6 bettors.
# of Bets:1
# of Bets:6


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RonMexico 8:37AM, Jun 4, 2017 UTC
You're right - Bitcoin might survive a move from Satoshi's coins. But the value of BTC - like the value of any currency - is based on faith in the underlying system. If Satoshi's coins move, I'd expect faith in the BTC system to collapse. But I hope we never find out.
praine 6:15AM, Jun 4, 2017 UTC
It doesn't follow that Bitcoin will quickly become worthless if Satoshi wants to spend some.

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