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Bitcoin Inventor Satoshi Nakamoto Could Actually Be Group From Europe

An anonymous reader writes "Bitcoin creator Satoshi Nakamoto could be a group from Europe which has a strong footing in the financial sector. From the article: 'Josh Zerlan, the Chief Operating Officer of Butterfly Labs and a person familiar with the Bitcoin network, has said it is highly likely that Nakamoto could be a group of people working the financial sector. Speaking to IBTimes UK on the sidelines of a Global Bitcoin Conference in Bangalore, India, Zerlan said: "One of the prevailing theories, I think has credibility, is that it was some group of people from financial sector that created this. They released it and stepped back and let it go. So, Satoshi Nakamoto is a group of people, I think, is a reasonable possibility."'"

186 comments

  1. I am Satoshi Nakamoto by Anonymous Coward · · Score: 0, Troll

    and the only one.

    1. Re:I am Satoshi Nakamoto by ArcadeMan · · Score: 1

      No, *I* am Spartacus!

    2. Re:I am Satoshi Nakamoto by snakeplissken · · Score: 2

      No i'm spartacus! and so's my wife!

    3. Re:I am Satoshi Nakamoto by mcneely.mike · · Score: 0

      Your wife... does she...you know... is she a goer? Know what i mean! Nudge nudge?

      --
      soylentnews.org Go there to enjoy the people!
  2. Ummm by Anonymous Coward · · Score: 1

    Bitcoin Inventor Satoshi Nakamoto is Anonymous-style Cell from Europe

    Anonymous-style??? Slightly biased headline designed to increase FUD about bitcoins.

    1. Re:Ummm by Anonymous Coward · · Score: 0

      Don't you people even know who Josh Zerlan is?

      Josh is a Trolladonna. He says these things to get attention.
      There, i said it, Josh Zerlan is an Attention Whore.

      Nothing to see here, move along please.

  3. I am ... by Anonymous Coward · · Score: 2, Funny

    Satoshi Nakamoto

    1. Re:I am ... by CanHasDIY · · Score: 2

      No, I am Satoshi Nakamoto.

      --
      An enigma, wrapped in a riddle, shrouded in bacon and cheese
    2. Re:I am ... by billcarson · · Score: 2

      There is a bit of Satoshi Nakamoto in all of us.

    3. Re:I am ... by Anonymous Coward · · Score: 3, Funny

      His name was Robert Paulson. Check the blockchain.

    4. Re:I am ... by Anonymous Coward · · Score: 0

      I knew I shouldn't have gotten drunk at that party...

    5. Re:I am ... by pregister · · Score: 2

      Michael J Fox has absolutely no Satoshi Nakamoto in him.

    6. Re:I am ... by hax4bux · · Score: 0

      Mojo, is that you?

    7. Re:I am ... by Anonymous Coward · · Score: 0

      No, I'm Satoshi Nakamoto, and so is my wife.

    8. Re:I am ... by Nefarious+Wheel · · Score: 1

      "Preposterous."
          -- Nicholas Bourbaki

      --
      Do not mock my vision of impractical footwear
    9. Re:I am ... by Anonymous Coward · · Score: 1

      No no no. Everybody knows that Satoshi Nakamoto is Keyser Soze. He set the whole thing up, and let you figure it all out as world burned.

    10. Re:I am ... by cshark · · Score: 1

      Actually, I have it on good authority that Bitcoin was written by time traveling aliens from Sirius 2. The same people that built the pyramids, and gave mankind astrology. The block chain was first implemented by the Inkas, and passed down for generations on tree bark. There were millions of copies of the ledger, and mining was done with toothpicks and lasers. If you look at the numerological value of the name Satoshi Nakamoto, you get 9. Osiris was also 9. Coincidence? I think not. I think all you non believers just need to wake up and realize that the alien gods are now among us, and they're terraforming our financial system! Make no mistake my friends, they're in with the Illuminati, and they know where Lora Palmer is buried, because Satoshi Nakamoto is an alien who knows everything! Why do you think the NSA need to spy on us like that? Why do you think Alex Jones is buying evil death robots, and keeping them in his basement? Seriously. I don't know how people can look at the overwhelming evidence for all of this, and come to the conclusion that we're not like, totally, in serious trouble.

      --

      This signature has Super Cow Powers

    11. Re:I am ... by Anonymous Coward · · Score: 0

      ...from Barcelona.

    12. Re:I am ... by Anonymous Coward · · Score: 0

      No, I am Satoshi Nakamoto, and so is my wife!

    13. Re:I am ... by oreiasecaman · · Score: 1

      +1 Hilarious

      --
      This is a UDP joke, I don't care if you get it or not...
  4. Or.. by Errol+backfiring · · Score: 5, Funny

    Then again, it could be not. Interesting. I think I have had my number of conspiracy theories for today.

    --
    Nae king! Nae laird! Nae yurrupiean pressedent! We willna be fooled again!
  5. Hey, let's speculate! by i+kan+reed · · Score: 5, Insightful

    Rather than engage in actual tech news, let's speculate wildly(second guess in as many weeks) on the identity of someone who explicitly wanted to remain anonymous, and who has committed no crimes. That sounds like a grand engagement in journalistic credibility.

    Anyone who really wanted to could find out my identity, but I wouldn't want them to start posting about their ideas as major headlines.

    1. Re:Hey, let's speculate! by iggymanz · · Score: 1

      some governments might in fact decide bitcoin is a crime

    2. Re:Hey, let's speculate! by dugancent · · Score: 2

      The fact that none has makes your speculation as bad the author of this article.

      --
      SJWs are the new boogeyman. -Me
    3. Re:Hey, let's speculate! by i+kan+reed · · Score: 1

      And only the most backwards of government would make that an ex-post-facto offense. The creator would still have committed no crime.

    4. Re:Hey, let's speculate! by Anonymous Coward · · Score: 5, Insightful

      Without some actual evidence other than just conjecture at a coffee klatsch, there are a lot of parties who could be the BitCoin creator.

      Lets check facts:

      1: It is someone clued in cryptography. This is very rare because most crypto implementations on virtually anything are very basic

      2: It is someone who is clued with regards to the financial sector, perhaps has a lot of coins mined and stashed aside when it took just a CPU to mine them as opposed to ASICs.

      3: It is someone who can code, code well, and distribute things out anonymously.

      After those three items, it could be anyone, and suspicions could be anywhere.

      In any case, the party who made BitCoin is filthy rich, and will only get more so by an exponential margin as time progresses, BitCoins get lost forever, and no new ones are mined.

    5. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      How do you know he's committed no crimes? He wants to remain anonymous. Why? While there's all sorts of virtuous reasons why, there is just as likely all sorts of illegal reasons why. There are excellent hackers in the private and criminal sector in Russia; Bitcoin could facilitate money laundering. There are some highly skilled technical people working for AQAP or any of the other franchise groups; perhaps Bitcoin has been used to fund terrorism. Or he could just be a guy who wants to remain anonymous and let his creation develop an identity that doesn't affect him personally. No one knows anything, so it quite literally could be anything.

    6. Re:Hey, let's speculate! by i+kan+reed · · Score: 1

      Committed no crimes under that Pseudonym. God damn are you petulant.

    7. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Bruce Schneier insists he had nothing to do with Bitcoin.

      And even if he did, it's not something that he finds very interesting.

    8. Re:Hey, let's speculate! by gutnor · · Score: 2

      Not saying it is not garbage journalism, but there is an unidentified guy with a fortune estimated to 1.8 trillion dollar. Much more if bitcoin takes over, up to 5% total Earth Wealth in the unlikely scenario of bitcoin becoming the world currency. I wonder why there is not much more article trying to track him down considering we live in a world that has a fetish for famous people.

    9. Re:Hey, let's speculate! by roman_mir · · Score: 2, Funny

      Let's speculate! I think Satoshi Nakamoto is actually a space alien, who introduced the Bitcoin on this planet in order to run his personal intergalactic ponzi scam. Bitcoins are just a tip of the GAWAY group (Galaxy Way), next thing you know, you are peddling your kidneys in the back alleys in exchange for Bitcoins, which you are promptly exchanging for the next dose of Jupiter III Moonshine dust so you can snort it off the back of a three legged blue-skinned tentacle'd hooker with tits for ears. Of-course you have to sell sell sell, that's the GAWAY, and so you have to try and pull your relatives into it, friends, friends of relatives, relatives of friends, relatives of relatives of friends' friends. Either they'll all become part of GAWAY or you will find yourself without any of those categories of people around you.

    10. Re:Hey, let's speculate! by Anonymous Coward · · Score: 1

      BitCoin has been out for a while now, but since the rannsomware guys have started using it, the value has gone up exponentially.

      I wouldn't be surprised that this is a currency that is meant to replace e-Gold as a way for moving ill-gotten gains around. Yes, blockchains are public, but wallets are anonymous, and if a wallet sits untouched for seven years, then it is likely outside the statute of limitations for almost all criminal action, and the value of the coins have likely gone up by a hundredfold as people add real value to the currency.

      From there, all it takes is a single exchange of BitCoins to another currency and back, and any attempts at finding the blockchain's end will be for naught.

    11. Re:Hey, let's speculate! by i+kan+reed · · Score: 2

      I have no love for bitcoin, but if you invent something that replaces the entire world money supply, then you've done something pretty useful.

    12. Re: Hey, let's speculate! by Anonymous Coward · · Score: 1

      I think the first several hundred or thousand bitcoins have remained untranferred to this day. So the first miners have not cashed out and are not rich.

    13. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Slashdot: Rumours for nerds, stuff that annoys.

    14. Re:Hey, let's speculate! by war4peace · · Score: 1

      Can't compute. Please review your data, it's wrong.

      --
      ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
    15. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      some governments might in fact decide bitcoin is a crime

      Some governments might in fact decide the quote above is a crime. What's your real name?

    16. Re:Hey, let's speculate! by G3ckoG33k · · Score: 1

      Those facts make it sound like some "Anonymous Coward" on Slashdot. What if we all are suspects here at Slashdot?

    17. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Whooooooosh.

    18. Re: Hey, let's speculate! by tompaulco · · Score: 2

      Wait, so if you have a million dollars worth of bitcoin you are not rich because yo have not converted it to another currency? If you have $1 million worth of gold that you have not sold are you similarly not rich? If you have $1 million worth of stocks that you have not sold are you similarly not rich?

      --
      If you are not allowed to question your government then the government has answered your question.
    19. Re:Hey, let's speculate! by Charliemopps · · Score: 4, Funny

      My wild theory is that it's the NSA.

      See you take the name: satoshi nakamoto
      rearrange the letters and you get: ha! NSA is tomatos ok?
      and tomatoes are green like MONEY! most of the year.

    20. Re:Hey, let's speculate! by khallow · · Score: 1

      I think Satoshi Nakamoto is actually a space alien, who introduced the Bitcoin on this planet in order to run his personal intergalactic ponzi scam.

      I agree! It's pretty clear that humans of this period of history simply didn't have the technology or intelligence to do what Bitcoin does. It has to be aliens!

    21. Re:Hey, let's speculate! by Ralph+Wiggam · · Score: 1

      there is an unidentified guy with a fortune estimated to 1.8 trillion dollar

      There are 12M bitcoins in existence, with a total value around $10B. So where are you getting $1.8T?

    22. Re:Hey, let's speculate! by khallow · · Score: 1

      Rather than engage in actual tech news, let's speculate wildly(second guess in as many weeks) on the identity of someone who explicitly wanted to remain anonymous, and who has committed no crimes.

      He's a public figure so he's fair game. I think though such idle speculation would serve more to hide Satoshi Nakamoto than reveal him.

    23. Re:Hey, let's speculate! by iggymanz · · Score: 1

      I know a large first world country that has done such ex post facto actions even though their constitution forbids it, less than a decade ago. They then siezed gold and silver held by a company that belonged to citizens.

    24. Re:Hey, let's speculate! by iggymanz · · Score: 1

      governments are just starting to make laws and bans about bitcoins, some of them very unfavorable.

    25. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Anyone who follows anything Butterfly Labs related will know that just about anything that comes out of Josh's mouth about his own products and releases is wild speculation and reflects reality quite poorly. I doubt his speculation is less error prone on other topics.

    26. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      From the future. The year 2031 to be exact.

    27. Re:Hey, let's speculate! by timholman · · Score: 0

      In any case, the party who made BitCoin is filthy rich, and will only get more so by an exponential margin as time progresses, BitCoins get lost forever, and no new ones are mined.

      The time window in which the person or party who created BitCoin can get filthy rich is finite, and may already be starting to close.

      The speculative frenzy over BTC is based strictly on artificial scarcity, and scarcity over a bunch of digital bits, at that. (I find it amusing how some of the same people who condemn the enforced artificial scarcity of digital media via DRM have embraced BTC while remaining completely oblivious of their cognitive dissonance.) But BitCoin's success will be its downfall.

      There are an infinite possible number of cryptographically signed digital currencies. If only X amount of gold exists in the world, there is no replacement for it, assuming you desire the exact physical qualities of gold. But if only Y digital coins exist, it is trivial to create another digital coin with a slightly different protocol that behaves exactly the same way as far as a user is concerned.

      The boom in BTC has led to several new competitors. Already you see similar frenzies growing around some of them. And given the low barrier to entry, you can expect more and more competing digital currencies to appear. It is only a matter of time before people realize that they're fighting over a particular set of tulip bulbs while standing in an infinitely large field of tulips. Once that happens, the speculative bubble will pop for all digital currencies. In the long run, this is a good thing, because once the speculators are gone, digital currencies may actually be useful as money, with values that don't fluctuate wildly from one day to the next.

      But I do think the BTC bubble may be popping soon based on one observation: I have seen some of my friends who are BTC "true believers" now posting on Facebook and advising everyone to buy into BTC. When the believers start actively searching for more buyers, you can see the writing on the wall.

    28. Re:Hey, let's speculate! by g0bshiTe · · Score: 1

      What's the legality of going after said creator?

      At the time of creation there were no laws in place to prevent it, if creator has had zero input since creation is there any culpability there?

      That's about like suing the inventor of the gun for all gun crimes committed.

      --
      I am Bennett Haselton! I am Bennett Haselton!
    29. Re: Hey, let's speculate! by timmyf2371 · · Score: 1, Insightful

      If I was one of the early miners who made thousands of bitcoins and still had them, I might decide to sell the wallet itself rather than transferring them.

      Leaves less of a paper trail and makes it somewhat easier to avoid paying capital gains tax on the proceeds.

      --

      Backup not found: (A)bort (R)etry (P)anic
    30. Re:Hey, let's speculate! by PaddyM · · Score: 1

      Satoshi Nakomoto is Japanese for, you guessed it, Rothschilds 1913. And with middle name Anashi, he's normally referred to as N, S.A. in his publications. They finally got control of all the worlds money. Kudos to China and Norway who see the scam for what it is. While everyone else is using coins minted in difficult mathematical proofs that will be easily stolen by quantum computers as part of the Illuminati's scam to have their octopus tentacles in everyone's pockets, I'll be bartering in tin, foil hats, that is. Don't say I didn't warn you about the dangers of fiat money. Mark of the B east I tell you. End the fed.

    31. Re: Hey, let's speculate! by Spy+Handler · · Score: 1

      Wait, so if you have a million dollars worth of bitcoin you are not rich because yo have not converted it to another currency?

      Not rich, since you haven't cashed out yet. Your bitcoins could be worthless next month. Better sell now.

      If you have $1 million worth of gold that you have not sold are you similarly not rich?

      You are rich, since gold has never been worthless in the history of human civilization.

      If you have $1 million worth of stocks that you have not sold are you similarly not rich?

      Depends on the stock. Is it a solid company with zero chance of bankruptcy in the foreseeable future, such as Apple or Google? Or is it an Enron?

    32. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Umm Bruce Schneier?

    33. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Except you forgot the 'e' on the end of 'tomatoe'.

      - Dan Q.

    34. Re:Hey, let's speculate! by Ralph+Wiggam · · Score: 1

      Update- Those 12M bitcoin are now worth $9B.

    35. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      by i kan reed (749298)

      > Anyone who really wanted to could find out my identity, but I wouldn't want them to start posting about their ideas as major headlines.

      You're the "Hooked on Phonics worked for me!" kid, aren't you?

    36. Re: Hey, let's speculate! by Anonymous Coward · · Score: 0

      BREAKING NEWS ON /.: Is timmyf2371 Satoshi Nakamoto?

    37. Re:Hey, let's speculate! by maxwell+demon · · Score: 1

      Of course the question is: Did he expect BTC to gain that much value, or USD to lose it?

      --
      The Tao of math: The numbers you can count are not the real numbers.
    38. Re: Hey, let's speculate! by tompaulco · · Score: 1

      Not rich, since you haven't cashed out yet. Your bitcoins could be worthless next month. Better sell now.

      On the contrary, today it seems to have lost a bit of value. It looks like a good time to buy.
      I guess they could be worthless next month. Or they could be worth $1,000 next month. people were saying the same thing two months ago when it was $130, and now even after the dip it is over $750.

      --
      If you are not allowed to question your government then the government has answered your question.
    39. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Is there a way to submit this for funniest comment of the year? I am rolling here :)

    40. Re: Hey, let's speculate! by rsmith-mac · · Score: 3, Informative

      Leaves less of a paper trail and makes it somewhat easier to avoid paying capital gains tax on the proceeds.

      Of behalf of all of the people who legitimately pay taxes on their capital gains, fuck you.

    41. Re: Hey, let's speculate! by ultranova · · Score: 1

      If you have $1 million worth of gold that you have not sold are you similarly not rich?

      You are rich, since gold has never been worthless in the history of human civilization.

      That's not true, gold only gained value when people got enough real wealth - meaning food, clothes, weapons - that they could start worrying about bling. More importantly, gold price is quite volatile - and, according to Wikipedia, is currently at quite a high level, historically speaking.

      Based on the timing of the Wikipedia chart, I'd say the main price influence for gold right now is current economic troubles. They won't last forever, so the only way I can see gold keeping its current price level is the world moving back to gold standard as the petrodollar scheme collapses due to peak oil and/or rise of China - and while the premise seems almost certain, the gold standard step is unlikely. So, I'd sell.

      Then again, any currency you might sell your gold for might collapse right afterwards. Euro is plagued by the will-they-or-won't-they (form a federation) game the EU is playing, dollar is going to experience massive inflation when all those petrodollars come home, Russia is working towards becoming a dictatorship once again, China is a dictatorship with the associated potential for nasty surprises, etc. One might even argue that the only real assets are favours owned, so you can always find someone to pull you up. Religious types even argue that's one asset you can take with you, which is definitely something you can' say about gold :).

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    42. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      Also, I've yet to see any proof that there isn't an actual individual named Satoshi Nakamoto as people claim. Is there someone who trawled through some massive database of the Japanese government on every living citizen to come up with a 0-match result?

    43. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      (I find it amusing how some of the same people who condemn the enforced artificial scarcity of digital media via DRM have embraced BTC while remaining completely oblivious of their cognitive dissonance.)

      No such dissonance. The artificial scarcity of BitCoins is meant to, in the ideal world, be nothing more than a proxy to the very real scarcity of the actual physical things you'd be able to buy with BitCoins.

      DRM's artificial scarcity is not representative of any physical scarcity, it's just scarcity for the sake of scarcity.

    44. Re:Hey, let's speculate! by segedunum · · Score: 1

      The speculative frenzy over BTC is based strictly on artificial scarcity, and scarcity over a bunch of digital bits, at that. (I find it amusing how some of the same people who condemn the enforced artificial scarcity of digital media via DRM have embraced BTC while remaining completely oblivious of their cognitive dissonance.) But BitCoin's success will be its downfall.

      Absolute tripe, and no, the two can't be compared. I don't need to read the rest of this comment.

    45. Re: Hey, let's speculate! by Anonymous Coward · · Score: 0

      What is money? Is dollars money? Is euro money? Money is what you can buy stuff or services for. "Cashing out" is a meaningless term when comes to bitcoin.

    46. Re: Hey, let's speculate! by Anonymous Coward · · Score: 0

      What do you even mean by "cash out"? Your dollars can be worthless tomorrow too, you know.

    47. Re:Hey, let's speculate! by Anonymous Coward · · Score: 0

      The artificial scarcity of BitCoins is meant to, in the ideal world, be nothing more than a proxy to the very real scarcity of the actual physical things you'd be able to buy with BitCoins. DRM's artificial scarcity is not representative of any physical scarcity, it's just scarcity for the sake of scarcity.

      Nonsense. One of the tiresome aspects of bitcoin is how often you true believers lie about topics like this. Bitcoin scarcity is intended to sort of mimic the scarcity of a precious mineral. That's why there are a finite number of bitcoins, and why the mining rate is set by a curve which intentionally decreases over time. At the beginning the rate of creation of new bitcoins was high, by the end it will be very low. This is rather obviously intended to mimic the ease of mining precious minerals over time.

      That is the very definition of scarcity for scarcity's sake. The reason for this artificial scarcity is that Bitcoin is nothing more than a goldbug-like belief system translated into cryptocurrency form. Is there a finite amount of gold in the Earth's crust? Yup. Does it get harder to extract new gold over time as the easy sources are exhausted? Yup. Well then, obviously any cryptocurrency intended to replace gold as the One True Currency must have the same scarcity model! (or at least a child's naive idea of that scarcity model, in the real world gold production rate is not a smooth declining curve with a predictable end date like Bitcoin mining)

      If Bitcoin was actually designed to do as you say, there would be some method of tying the rate of creation of bitcoins to real economic growth (*) rather than a handwavey curve pulled out of "Nakamoto's" ass. If Bitcoin was actually designed to do as you say, there would not be a somewhat predictable end to the creation of new bitcoins (do you really think there is no chance the world economy will never grow again past the 2030s or whenever it is that Bitcoin mining is set to end at?).

      * - I would like to note that this is, in fact, what the hated "Fed" does with dollars, and what other nations' national banks do with their respective official currencies. Maybe you aren't actually for bitcoin at all? You seem very confused. The usual coiner is all "END THE FED AHMAHGAWD FIAT CURRENCY AND CENTRAL BANKING SUXXORZ WHY YES I AM IGNORING CENTURIES OF FINANCIAL HISTORY AND TRYING TO RECAPITULATE THE OLD BAD SHIT BEFORE WE REALIZED THE GOLD STANDARD WAS TERRIBLE"

    48. Re:Hey, let's speculate! by iggymanz · · Score: 1

      I was not making statement about creator.

      If you want to use your gun analogy, guns are regulated, taxed, banned, etc. in various places in the world. For example, I have to have a license to buy one in my state, and my county charges an extra tax on them.

  6. Ah yes, Josh by Anonymous Coward · · Score: 5, Informative

    Josh Zerlan/Inaba, noted whiz-kid who runs one of the most fly-by-night ASIC companies, and who curses out his customers and insinuates things about their sexual proclivities rather than provide actual customer service. A highly-qualified individual to be speaking on the topic of Bitcoin, surely.

    1. Re:Ah yes, Josh by dirtaddshp · · Score: 2

      +1!!!

    2. Re:Ah yes, Josh by kaizendojo · · Score: 2

      Can you differentiate your accusations from what you accuse him of by included some citations. Not saying you're lying, but it would help your argument to provide some info to those of us unfamiliar with your claims. Otherwise it's no better than TFA.

    3. Re:Ah yes, Josh by Anonymous Coward · · Score: 0

      Did you google:

      "Josh Zerlan" crappy service
      "Josh Zerlan" butthurt
      "Josh Zerlan" scam

      ?

    4. Re:Ah yes, Josh by Anonymous Coward · · Score: 0

      Oh, come on. That's par for the buttcoin community, innit?

      The idea that the guy on the top of this pyramid scheme could be a group of European bankers rather than some geek from Japan seems as likely as any other theory, really. Ultimately, though, who cares?

    5. Re:Ah yes, Josh by Anonymous Coward · · Score: 0

      +1. A friend has a 60 Ghash miner that only runs at 50 GHash, the power supply died on day two, and a 7 Ghash miner that died completely. Three weeks later, still no reply from BFL to his several emails.

      TL;DR Would not purchase again, fuck BFL.

    6. Re:Ah yes, Josh by Anonymous Coward · · Score: 0

      If you want to make up your own mind then head over to bitcointalk.org and search for posts from Inaba. Look for keywords like 'stupid' , 'moron' , 'idiot' , 'retard' , etc etc etc..
      It's all there.

    7. Re:Ah yes, Josh by Anonymous Coward · · Score: 0

      BFL has some terrible business practices. They have been known to cancel people's orders because they complained and refusing to refund them the Bitcoins they paid, instead refunding the original price of the miners in USD despite the value of Bitcoins going up.

      https://bitcointalk.org/index.php?topic=236794.msg2517566#msg2517566

  7. I am Satoshi Nakamoto. by Anonymous Coward · · Score: 1, Insightful

    I'm pretty sure this worked out for Spartacus...

    1. Re:I am Satoshi Nakamoto. by dpilot · · Score: 4, Insightful

      > I'm pretty sure this worked out for Spartacus...

      Not really - it seemed to backfire on everyone who said it.

      --
      The living have better things to do than to continue hating the dead.
  8. The Laughing Man by Anonymous Coward · · Score: 1

    Everyone has a theory on who he might be, but he might not even exist at all.

  9. Compelling Evidence... by Anonymous Coward · · Score: 1

    Wow he sure offers some compelling evidence there... Oh wait, no he doesn't.

    I think Santa Clause is Satashi Nakamoto.

  10. What on Earth is going on. by Anonymous Coward · · Score: 0

    Who are you, and where is my beloved slashdot dot org. Everyone knows bitcoins were invented by Leeeeeeeeeroy Jenkins!

    1. Re:What on Earth is going on. by Anonymous Coward · · Score: 0

      Heh, I see another victim met Mr. Beta.

  11. Well, this can only help consumer confidence by Anonymous Coward · · Score: 0

    "Hey, there's this really great thing called Bitcoin that you should use and/or invest in. Here's some literature on it."
    "Wow, it sounds cool! Who invented it?"
    "Uhhhh...."

    1. Re:Well, this can only help consumer confidence by Anonymous Coward · · Score: 0

      The inventor doesn't matter if the math checks out. If you can't understand this, perhaps, just maybe using bitcoin as an investment tool isn't for you.

      Also its not hard to explain to people that it was developed under an anonymous pseudonym, most educated people understand and are familiar with this concept. Only a moron like yourself just says "Uhhhh..." like the mouth breather you are.

    2. Re:Well, this can only help consumer confidence by jones_supa · · Score: 1

      "Hey, there's this really great thing called Bitcoin that you should use and/or invest in. Here's some literature on it."
      "Wow, it sounds cool! Who invented it?"
      "Uhhhh...."

      It's not that big deal. How many can name the inventor of PayPal off the top of their head, for example? Engineering is a thankless job...

    3. Re:Well, this can only help consumer confidence by LordLimecat · · Score: 2

      Elon Musk

    4. Re:Well, this can only help consumer confidence by Anonymous Coward · · Score: 0

      Musk wasn't an actual founder at PayPal. PayPal merged with his company after formation.

    5. Re:Well, this can only help consumer confidence by Anonymous Coward · · Score: 0

      This is Slashdot. If you can't name the inventor of PayPal off the top of your head, get off our new overlord's lawn, or something.

  12. Three Men by Anonymous Coward · · Score: 4, Funny

    Three men can keep a secret if two of them are dead.

  13. so if im reading this correctly, by Anonymous Coward · · Score: 0

    the article is implying that satoshi nakamoto could be a group of people from the financial sector. this is just my initial takeaway.

  14. As always by nospam007 · · Score: 4, Interesting

    The olde 'The idea is so clever, it must have been one of us'-Syndrome.

    1. Re:As always by Vintermann · · Score: 4, Interesting

      No, they didn't say Satoshi Nakamoto was a group of scammers.

      (For those not following, Butterfly Labs have become infamous in the bitcoin community by selling ASIC mining machines, promising delivery in one week. If they arrive at all, it's more than six months later, and by that time the difficulty of bitcoin mining has inevitably increased enough to make them unprofitable.

      Yet they keep advertising one week's delivery time.

      They have a record of breaking down due to defects, too, if they arrive. People suspect that BFL let these miners run for themselves in the months between advertised delivery time and actual delivery time.)

      --
      xkcd is not in the sudoers file. This incident will be reported.
    2. Re:As always by Anonymous Coward · · Score: 0

      Well, if you had a money-making machine, would you sell it?

    3. Re:As always by maxwell+demon · · Score: 1

      Well, if you had a money-making machine, would you sell it?

      Of course. To anyone paying me more money than the machine can make. ;-)

      --
      The Tao of math: The numbers you can count are not the real numbers.
  15. Again and again and again by Threni · · Score: 5, Insightful

    "Bitcoin creator Satoshi Nakamoto could be a group from Europe which has a strong footing in the financial sector....could be a group of people working the financial sector.... some group of people from financial sector that created this...Satoshi Nakamoto is a group of people, I think"

    Pointless random guesswork aside, why do journalists feel the need to say the exact same thing 3 to 5 times in the first few paragraphs? Once is enough, surely?

    1. Re:Again and again and again by Anonymous Coward · · Score: 0

      Maybe they want to get on CNN?

    2. Re:Again and again and again by Actually,+I+do+RTFA · · Score: 4, Informative

      Pointless random guesswork aside, why do journalists feel the need to say the exact same thing 3 to 5 times in the first few paragraphs? Once is enough, surely?

      According to my journalist friend, it's how they were taught. The headline, the first paragraph and then the first... I forgot how much, are each supposed to be readable to get the story in various depths of knowledge. Newspapers have been accounting for TL;DR since long before the Internet.

      --
      Your ad here. Ask me how!
    3. Re:Again and again and again by Anonymous Coward · · Score: 0

      It was intentional dilution. Saying it "could be" or "I think" once suggests 0.5 probability, whereas repeating it four times overall brings it down to 0.0625.

    4. Re:Again and again and again by Anonymous Coward · · Score: 0

      Newspapers have been accounting for TL;DR since long before the Internet.

      By making articles too long to read with repetitions?

  16. It's probably true? by Anonymous Coward · · Score: 0

    Wikipedia stated that satoshi has 1 million bit coins which has are equivalent to 1 billion U.S. currency ( Sorry. Awful research source but quick read )? In that case it's plausible some bored rich people got together to make a new money making scheme. Good for them I guess? Not the first time in history. Move along. Poor people: move out of the way! Rich people coming through!!

    1. Re:It's probably true? by mythosaz · · Score: 3, Insightful

      A group of people, no matter how small, keeping the fact that you're sitting on 1BN a secret? Someone's going to spill the beans to someone soon enough. Or it's one guy, and he's already rich enough that there's little temptation.

      That's my wild speculation. :)

    2. Re:It's probably true? by Anonymous Coward · · Score: 0

      $10^9? Haha. Good one. Try $10^12. The ones behind bitcoin will be trillionaires before the bubble pops.

    3. Re:It's probably true? by mythosaz · · Score: 1

      The larger the sum, the smaller the group necessary to keep the secret from leaking out.

    4. Re:It's probably true? by Anonymous Coward · · Score: 0

      A group of people, no matter how small, keeping the fact that you're sitting on 1BN a secret? Someone's going to spill the beans to someone soon enough. Or it's one guy, and he's already rich enough that there's little temptation.

      That's my wild speculation. :)

      What would be the value in admitting it?

      I can think of many reasons to want to keep it a secret, especially if the creator(s) did purposely mine a nontrivial quantity of coins before releasing it into the wild. But none other than idol vanity to want to divulge it.

    5. Re:It's probably true? by mythosaz · · Score: 1

      It's hard to keep being rich a secret. Somebody gets a girlfriend, some dude brags about having a big wallet full of bitcoins to her, she tells a girlfriend, and then it's on Facebook.

      *shrug*

      It's my theory and I'm sticking to it.

    6. Re:It's probably true? by Anonymous Coward · · Score: 0

      There is no bubble. This is the new normal.

    7. Re:It's probably true? by Tom · · Score: 1

      Or he might simply not see money as his primary motivation in life. There are cultures on this planet that know the concept of "enough money", and we know from several scientific studies that happiness increases with money only up to a certain amount of affluence (which is surprisingly low, most adult readers of this site will have reached it).

      --
      Assorted stuff I do sometimes: Lemuria.org
  17. Shortest distance between Assumption and Bullshit. by Anonymous Coward · · Score: 0

    It's a straight up assumption based on bullshit. "Writing style" is the singly observed piece of "evidence" being interpreted.

    Josh has measured rumor field strength and found it too convincing.

  18. Even more likely by Anonymous Coward · · Score: 1

    It's possible that he could be a time traveling alien collective with ties to the porn industry. It's certain feasible that it is possible that it might be that that could be the case.

    It certainly seems reasonable that if there was a time traveling alien collective with ties to the porn industry, that a distributed, non-material currency such as bit coin would be advantageous to them. In fact any such group that arrived before bit coin would be almost compelled to create it. So I think we can say, case closed.

    1. Re:Even more likely by idioto · · Score: 1

      I know you're being funny, but aside from the porn and the alien part, but I'm curious about the time traveler aspect.

        I've been wondering this wouldn't the most likely thing to be travel back in time be information itself, since we already can send bits at near light speed already? There must be someone on slashdot who can answer this.

    2. Re:Even more likely by Anonymous Coward · · Score: 0

      Bitcoin was developed in Area 51 by inter-dimensional gray aliens. The ones that like popcorn and cotton candy. If you spell Bitcoin backwards, you nioctib, which is actually ancient Sumerian for "hand in stripper's ass." Seriously, you can look this stuff up. I don't know why so many people are denying the existence of space strippers. Bitcoin's mere existence is proof of life beyond this planet and the illuminate is behind it all. Next thing you know, there will be death robots at everyone's door, and amazon.com will be delivering death from the skies. Just you wait.

  19. BFL has no credibility by Anonymous Coward · · Score: 1

    Josh and BFL have no credibility. If you'd said Santa Claus said this, it would carry just as much weight.

    1. Re:BFL has no credibility by Anonymous Coward · · Score: 1

      Santa Claus actually delivers on time. If BFL ran Christmas, you'd get your Xmas presents next Thanksgiving. And they'd all be 2014 calendars.

    2. Re:BFL has no credibility by Anonymous Coward · · Score: 0

      It's obvious that it was Will Hunting who came up with all of it.

  20. Re:Shortest distance between Assumption and Bullsh by CanHasDIY · · Score: 1

    It's a straight up assumption based on bullshit. "Writing style" is the singly observed piece of "evidence" being interpreted.

    So, if you're a narcissist who wants the world to wonder if you, too, are the real Satoshi Nakamoto, just copy "his" writing style.

    --
    An enigma, wrapped in a riddle, shrouded in bacon and cheese
  21. I think it is Hal Finney by Anonymous Coward · · Score: 0

    Not only is Hal Finney one of the few cypherpunks around with the skillz to create BitCoin, he released "Magic Money" under the pseudonym "Pr0duct Cipher" about 18 years ago. I think he decided to have another go at it, even if he was engaged in a public e-mail conversation with "Satoshi" about it on the Cryptography mailing-list.

    Just a wild guess, because Hal Finney is a good guy and I hope he has a lot of BTC saved up from the early days to pay for his care (he suffers from ALS.)

  22. I never got this part of Bitcoin.. by bobbied · · Score: 1

    Why did the creator(s) of Bitcoin decide to stay anonymous? I never understood the motive for that and it always struck me as a red flag.

    --
    "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    1. Re:I never got this part of Bitcoin.. by Kaenneth · · Score: 1

      Patent Trolls.

      If I ever release software it'll be as part of a large corporation, or anonymously, it's not worth the headache otherwise.

    2. Re:I never got this part of Bitcoin.. by Anonymous Coward · · Score: 1

      Many reasons:

      1: It was trivial to mine coins in the beginning, so a coin that cost far less than a penny in electricity is on its way to being worth $10,000 in a market that is virtually recession-proof. The reason to be anonymous is just like a lottery winner -- keep the thieves and lawsuits well away.

      2: Fear of government or big bank (they usually are the same thing) reprisal. Look how E-Gold was systematically disassembled by FinCEN.

      3: Patent/copyright/IP trolling. Even if someone patents 100% of what BitCoin does, it now is a game of whack-a-mole to nail the people with BitCoin software. The exchanges tend to be located in countries hostile to the US, so patent litigation wouldn't work. SOPA/POPA like laws might work, but blocking a site on the Internet can be considered an act of war (similar to a naval blockade) which was the reason the US backed off from those laws.

      4: Insulation from the Internet trolls.

    3. Re:I never got this part of Bitcoin.. by PRMan · · Score: 2

      Since the founders of MANY other alternative currencies have been arrested and jailed by various countries...

      --
      Peter predicted that you would "deliberately forget" creation 2000 years ago...
    4. Re:I never got this part of Bitcoin.. by bobbied · · Score: 1

      Another reason to avoid BitCoin I guess.

      --
      "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    5. Re:I never got this part of Bitcoin.. by Anonymous Coward · · Score: 0

      Or just maybe, the creator just doesn't want his life to become a fucking circus.

    6. Re:I never got this part of Bitcoin.. by Anonymous Coward · · Score: 0

      "market that is virtually recession-proof"
      There is no market, real or virtual, that is recession proof. If enough people suddenly thought the BitCoin market was topped out, and began to sell, there would be dip. That would cause others to sell, and then the price would fall. Suddenly, "The bubble has popped," and the price of BitCoins plummets.

      Do you know how many "recession-proof" currencies have crashed? It's like unsinkable ships.

    7. Re:I never got this part of Bitcoin.. by Anonymous Coward · · Score: 0

      The exchanges tend to be located in countries hostile to the US, so patent litigation wouldn't work.

      Err, MtGox was, until BTC-China came on the scene, the world's largest exchange. Is Japan "hostile" to the US?

      BTC-E is located in NZ...there's another super hostile country!

      Oh, and nevermind Coinbase and Kraken....located INSIDE the US.

      Seriously, do you bother to check your facts after you make them up?

  23. Find the guy sitting on the most coin by Anonymous Coward · · Score: 0

    That will be Satoshi Nakamoto.

  24. Unlikely by Rinisari · · Score: 3, Informative

    Zerlan hasn't often been accurate in his estimates of things.

    I'm not going to bother to link to these because a quick Google search can turn up the evidence.

    Nakamoto registered the bitcoin.org domain on a somewhat obscure Japanese site. His communication in English had all kinds of clues that his native language was Japanese (sentence structure, word choice, etc.). He was active during daylight and evening hours in Japan.

    I really wish people would stop speculating who he is. It only matters to those who can't read the code and understand that it ultimately doesn't matter, except the possibility that he may one day "come back" and have several hundred thousand Bitcoin to himself. As benevolent as he acted, it's unlikely that he'll pull a Biff Tannen and rule the world. However, miners have the power to stop him if he tries.

    1. Re:Unlikely by Anonymous Coward · · Score: 2, Insightful

      Nakamoto registered the bitcoin.org domain on a somewhat obscure Japanese site. His communication in English had all kinds of clues that his native language was Japanese (sentence structure, word choice, etc.). He was active during daylight and evening hours in Japan.

      I'm playing devil's advocate here, but that could be deliberate misdirection.

    2. Re:Unlikely by jankoh · · Score: 1

      "except the possibility that he may one day "come back" and have several hundred thousand Bitcoin to himself. " According to https://en.bitcoin.it/wiki/Genesis_block the comment in the first block should prove, that there are no previous blocks, and all block created afterwards, should be known. So there should be no surprises.

    3. Re:Unlikely by IamTheRealMike · · Score: 5, Informative

      Just a few minor corrections (I had multiple private email conversations with Satoshi over a couple of years before he disappeared).

      The bitcoin site was registered via an anonymous DNS registrar that specialises in anonymous speech. For a short while he also used an email account from the same service, again, a service dedicated specifically to anonymous speech. I've seen no evidence it was selected due to any links to Japan.

      I don't know where you got the idea that his writing style was that of a native Japanese speaker. He never once wrote anything in Japanese or even referred to Japanese culture. His writing style was actually that of a British guy: full of British English spellings and mannerisms. Also, he timestamped the genesis block by including a headline about the British banking bailouts from The Times. That's a British newspaper that is most commonly referred to outside the UK as "The London Times" due to its rather generic name. It would be rare for an American or Japanese person to refer to it just as "The Times". Finally, his forum account was set to GMT and his posting activity was during evenings GMT.

      Having worked with his code and the man himself, at least for a short while, I think Satoshi was very likely to be a single person, who lives in the UK. But that said, I've never dug any deeper because he clearly wished to have his privacy and I think it would be a sad day if Satoshi's real identity were revealed without his permission.

    4. Re:Unlikely by PRMan · · Score: 1

      There are no surprises. He is estimated to own almost 1 million bitcoins (maybe slightly more). It's when he decides to sell that could crash the price for the rest.

      --
      Peter predicted that you would "deliberately forget" creation 2000 years ago...
    5. Re:Unlikely by electrosoccertux · · Score: 1

      Nakamoto registered the bitcoin.org domain on a somewhat obscure Japanese site. His communication in English had all kinds of clues that his native language was Japanese (sentence structure, word choice, etc.). He was active during daylight and evening hours in Japan.

      I'm playing devil's advocate here, but that could be deliberate misdirection.

      nah it's been verified by the blockchain

    6. Re:Unlikely by Anonymous Coward · · Score: 2, Interesting

      I lived for several years in Japan. I speak Japanese fluently. I taught English in Japan. It is almost certain Satoshi is a native English speaker. Reading the archives of the bitcoin forum, he makes absolutely no common mistakes that Japanese people make when speaking English. Personally, I think he is either American or Canadian based on his spelling and choice of phrases, but British might be credible.

      If you read his code, he is also almost certainly a professional Windows programmer. His coding idioms are absolutely characteristic of someone who did a fair bit of MFC. In fact, I would go so far as to say that he is likely over 35 years old given that he probably learned to code in the 90's.

    7. Re:Unlikely by Anonymous Coward · · Score: 0

      canceling mistaken mod

    8. Re:Unlikely by Anonymous Coward · · Score: 0

      Sell? Some of us do this crazy thing with our cryptocurrency...we SPEND it rather than SELL it. Might care to try it sometime...

  25. He built the Nakatomi building, right? by Anonymous Coward · · Score: 1

    Harough, Hans!

  26. Or.... Satoshi could be the chip fabricators by Anonymous Coward · · Score: 0

    Think about it.

    Chip fabricators get together with a brilliant plan to produce a demand for special chips by creating a fake currency that requires special chip fabrication in order to create that fake currency.

    After the first round they use their fabrication profits to buy up that fake currency as a way to artificially increase the price causing an even greater demand for the fake currency leading to another round of fabrication of even faster chips.

    Lather, Rinse, Repeat.

    1. Re:Or.... Satoshi could be the chip fabricators by tompaulco · · Score: 1

      That must have taken a tremendous amount of foresight to have predicted the fourth generation of technology that would arise from such computations. CPU to GPU to FPGA to ASIC. I think you give them to much credit. Far easier for it not to be some vast conspiracy at all.

      --
      If you are not allowed to question your government then the government has answered your question.
  27. We already know who created Bitcoin by Anonymous Coward · · Score: 0

    "Nick Szabo"

    1. Re:We already know who created Bitcoin by oodaloop · · Score: 1

      "Nick Szabo" is also a group of people.

      --
      Tic-Tac-Toe, Global Thermonuclear War, and relationships all have the same winning move.
    2. Re:We already know who created Bitcoin by TWX · · Score: 1

      Franklin W. Dixon?

      --
      Do not look into laser with remaining eye.
  28. Happy Bitcoin Day! by csumpi · · Score: 1

    Must be bitcoin day with all these articles popping up faster than ravioli in hot water.

  29. lets ask Snowdon by bityz · · Score: 1

    the NSA must know, therefore Snowdon must know, therefore we will know QED.

  30. Figure out by looking at start of block chain? by Anonymous Coward · · Score: 0

    What addresses were used for the start of the block chain? It is likely that Santoshi would be associated with these addresses. Has anyone looked into this to see what might be figured out? You could also tell what addresses any bitcoins may have been transferred to from the very first addresses used. After all, if someone is rich by having the very first bunch of bitcoins, they eventually would need to be transferred somewhere, or to cash, to make them valuable to him.

    Yeah I know... if he's smart enough (and he likely is), he wouldn't have been so stupid to leave any interesting history for the early bitcoin addresses. But, I'd start there just to be thorough.

    1. Re:Figure out by looking at start of block chain? by mythosaz · · Score: 1

      The ability to face-to-face transfer wallet information makes Bitcoin's blockchain less than foolproof.

      As long as I can create a number of wallets, put a bitcoin in each of them, write those wallets down on pieces of paper; I can trade them like I would cash.

    2. Re:Figure out by looking at start of block chain? by PRMan · · Score: 1

      Yep. As long as you trust the person you're trading with not to photocopy them and give them to someone else as well and then see which of you tries to spend it first...

      --
      Peter predicted that you would "deliberately forget" creation 2000 years ago...
    3. Re:Figure out by looking at start of block chain? by mythosaz · · Score: 1

      You mean, exactly the same problem as any printed check?

      I'm saying that the block chain record isn't proof of anything, since coins can change hands in unrecorded steps quite easily.

  31. I heard it was the Illumiati by jandrese · · Score: 1

    Or maybe the Bilderberg group. Whee, it's fun to pull guesses right out of my butt while presenting absolutely no evidence whatsoever.

    --

    I read the internet for the articles.
  32. Another news item brought to you by the NSA by Anonymous Coward · · Score: 0

    There is more military propaganda than news these days.

  33. More Likely by dale.furno · · Score: 3, Interesting

    It is probably the NSA using your hashing power to break encryption.

    I make this statement knowing approximately nothing about crypto.

    1. Re:More Likely by CastrTroy · · Score: 2

      Or maybe just making it cheaper/easier for themselves to do so. Because of bitcoin, we now have custom ASIC computers which can do calculations at amazing speeds. Sure the NSA could already ask someone to make machines if they needed to, but it would be much more convenient for them if the machines were commercially available.

      --

      Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
    2. Re:More Likely by Vintermann · · Score: 2

      This would be a good point, except that there's not really much NSA gets from having extreme hashing capacity. Breaking badly salted/hashed passwords, maybe, but if Snowden has taught us anything, it's that they don't need to rely on such crude tactics.

      --
      xkcd is not in the sudoers file. This incident will be reported.
    3. Re:More Likely by Anonymous Coward · · Score: 0

      Of course it is the NSA. The coins are just the hook. The work done is the actual work for PRISM.

  34. QED by Anonymous Coward · · Score: 0

    > Bitcoin Inventor Satoshi Nakamoto Could Actually Be Group From Europe

    1. If they are a group, they needed to communicate to collaborate effectively
    2. NSA + GCHQ watches all coms in Europe
    3. NSA knows who they are
    4. FED tells CIA to exterminate this dangerous group who aim to topple the US dollar
    5. Bitcoin project therefore never gets published
    6. Point five collides with reality
    7. Point six shows they were not a group from Europe

    1. Re:QED by maxwell+demon · · Score: 1

      1. If they are a group, they needed to communicate to collaborate effectively

      Yes. And the most efficient communication still is face-to-face.

      2. NSA + GCHQ watches all coms in Europe

      Including all face-to-face ones?

      3. NSA knows who they are

      Maybe. Or maybe not.

      4. FED tells CIA to exterminate this dangerous group who aim to topple the US dollar

      At that time, even rf the FEDs knew it, they most probably wouldn't have considered it an immediate threat to the dollar. And when it starts to be one, they still have the power to stop it. And maybe they ordered the NSA to mine enough bitcoins to crash the bitcoin market if necessary?

      In the mean time the bitcoin network with its perceived anonymity together with a perfect transaction record on the block chain is the ideal tool to find criminals and other people trying to hide from the authorities (case in point: Silk Road).

      5. Bitcoin project therefore never gets published

      Wrong, see above.

      6. Point five collides with reality

      That doesn't matter because point 5 is wrong anyway.

      7. Point six shows they were not a group from Europe

      Due to the flaws mentioned above, it doesn't.

      --
      The Tao of math: The numbers you can count are not the real numbers.
  35. Re:Shortest distance between Assumption and Bullsh by Anonymous Coward · · Score: 0

    I'm a narcissist, we have better ways of getting attention I think...

  36. BFL??? LOL by Anonymous Coward · · Score: 1

    Yeah, the dude who owns BFL can say whatever the fuck he wants. BFL isn't exactly the company you want to go to for reliable information...

    Case and point "Our first batch will ship in a month!"... 3 months later..... "Our first batch is still ready to ship this month!"....

    Need I say more?

  37. Hey Slashdot by HetMes · · Score: 1

    How about, before posting, you scan your headlines/summaries for words like 'could', 'might, 'possibly', 'maybe', 'probably', and ask yourself whether you're posting news about stuff that matters or just speculations with some trigger keywords.

    1. Re:Hey Slashdot by Anonymous Coward · · Score: 0

      How about, before posting, you notice that someone posted the exact same ("Hey let's speculate!") over an hour ago and was modded up to +5 and had many replies.

      Oh you did notice. Hey, maybe your insights will be modded up too!

  38. Al Gore did it... by BenSchuarmer · · Score: 1

    he doesn't want to admit it, because he's taken so much guff from people who say he claimed to have invented the internet.

  39. Explain... by Anonymous Coward · · Score: 0

    how is is a news!

  40. it could also be... by knapper_tech · · Score: 1

    Santa, Aliens, FSM etc. Film at 11.

    --
    "There are some people that if they don't know, you can't tell them." ~ Louis Armstrong
  41. bigsexyjoe's Law of Headlines by bigsexyjoe · · Score: 1

    If an article title contains the word "could" then you should append on the end "but it isn't", and this will render a true statement.

  42. so... it's the Illuminati? by Anonymous Coward · · Score: 0

    So glad that he qualified that statement with "could be". Otherwise, we might have to take it seriously...

  43. welcome to 2010 by slashmydots · · Score: 1

    This was also discussed 3 years ago on the bitcoin forums. Good job, news people!

  44. SPECTR, LLC. by goombah99 · · Score: 3, Funny

    Duh... It's a subdvision of the Keyser Söze Group in the W.A.S.T.E operations department of Illuminatus holdings conglomerate. A few years ago they had a hostile take over bid from KAOS but the man UNCLE subverted it.

    --
    Some drink at the fountain of knowledge. Others just gargle.
    1. Re:SPECTR, LLC. by TWX · · Score: 1

      I see we have a Thomas Pynchon fan here...

      --
      Do not look into laser with remaining eye.
  45. Bitcoin story every day by Torodung · · Score: 1

    Even when there's nothing to talk about, you can have a Bitcoin story on the Slashdot front page every day.

    This isn't even "news for nerds," it's Usenet-style speculation for the terminally bored.

    1. Re:Bitcoin story every day by Anonymous Coward · · Score: 0

      Or maybe it's PR for all the /.ers who hold BTC and want to see them popularized to jack the price up. The "pump" part of "pump and dump".

  46. I also have a theory about it by larry+bagina · · Score: 1

    My theory is: I don't give a shit.

    --
    Do you even lift?

    These aren't the 'roids you're looking for.

  47. Satoshi Nakamoto is actually Banksy by KPexEA · · Score: 1

    Satoshi Nakamoto is actually "Bank"sy

  48. Re:Shortest distance between Assumption and Bullsh by Anonymous Coward · · Score: 0

    Oh now, everyone knows that real narcissists dont post anonymously.

  49. Digital POGS by Anonymous Coward · · Score: 0

    You guys remember POGS right? I speculate they will make a comeback and be worth $40,000 USD. nice.

  50. ??? What??? by Anonymous Coward · · Score: 0

    Is it petulant to assume that just because you have no justification to believe someone has committed a crime you have to find something?

    That makes little sense.... By the same standard even if you knew a great deal about me or anyone else I could still have committed a crime that you simply have no evidence for or reason to suspect me of.

    So what has he done and who are you to try and pin something on someone?

    1. Re:??? What??? by i+kan+reed · · Score: 1

      No, I'm just going with the basic common law interpretation that you must have evidence a crime has been committed before you can get a warrant to arrest a perpetrator.

  51. Stepped back? by Anonymous Coward · · Score: 0

    And by "stepped back and let it go" I suppose you mean "pocketed initially fully half the bitcoins that the currency can realistically support, amounting to a huge fortune in what would quickly become a crashed market were they cashed out." The "stepped back" creator could stick a knife in this experiment any time s/he chooses, and walk away with a huge sum of money for the trouble.

  52. "An anonymous reader writes" by Anonymous Coward · · Score: 0

    Nice try, Satoshi.

  53. We already know the real answer though... by Anonymous Coward · · Score: 0

    Nick Szabo.

  54. Re:Happy Monday from The Golden Girls! by maxwell+demon · · Score: 1

    So the Golden Girls are Satoshi Nakamoto?

    --
    The Tao of math: The numbers you can count are not the real numbers.
  55. BFL by Anonymous Coward · · Score: 0

    Take anything someone from Butterfly Labs says with a mountain of salt.

  56. Butterfly Labs? by DarkHand · · Score: 1

    We're taking speculation from Butterfly Labs now? The company that delivers their products 6-8 months behind schedule? ...Actually nevermind... Their products are pure speculation so I guess that's what they're good at. ;)