Bitcoin Scales Beyond $600 in Early September Spike

Following August, a month of relative calm in what is perceived as frequently volatile waters, bitcoin took to its sails this month by climbing nearly 10% to cross the $ 600 mark. The increased demand from Chinese buyers could very likely be a factor. Bitcoin price pushed beyond the $ 600 milestone for the first time in […]

The post Bitcoin Scales Beyond $ 600 in Early September Spike appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

News – CCN: Financial Bitcoin & Cryptocurrency News

According to the Mtgox leaks from early 2014, our brand new ‘Satoshi’ Craig Wright bought 17.24 bitcoins at a rate of $1198 each.

As /u/winlifeat posted here, Craig was user 'e62d5e53-0dbc-44be-9591-725cd55ca9dd' at the Mtgox exchange. With this identifier, it's possible to look up his trades in the 2014 leak. I posted the raw data in this pastebin, you can import it into spreadsheet software like Excel to play with it yourself.

He started trading at 22/04/2013, this is just after the crash of the April 2013 bubble (or the 'Cyprus bubble'). He lost interest pretty quickly, because activity stopped 27/04, only to come back 25/11 around the peak of the last bitcoin bubble. His average price is actually $ 120 and he bought around 50 bitcoins, but his last buy was 17 bitcoins at around $ 1200. He ends up with a balance of just under 15 bitcoins when mtgox shuts down, so he probably lost another few bitcoins with trading. (The trade data in the leak stops at November 2013)

submitted by /u/apoefjmqdsfls
[link] [comments]
Bitcoin

Even IF Craig Wright moves some coins from an early block, I still don't believe he's Satoshi. (reddit.com)

Even if coins are being moved, it most certainly does NOT prove Craig Wright is Satoshi Nakamoto. A much more credible explanation would be that Satoshi already created (and signed) a transaction in the early days, but never broadcasted it. Somehow Craig got hold of such a tx (maybe was in some way related to the real Satoshi) and he can push it now. If Craig Wright really were Satoshi, he could simply prove it just like

Bitcoin