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5 people who are most likely to be Satoshi Nakamoto

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Candidates who fit into the profile of Satoshi Nakamoto

The identity of Satoshi Nakamoto, till date, has been quite possibly the biggest mystery the world has ever faced. Even more so big than the mystery of aliens and the whole UFO scenario. In fact, the anonymity behind Satoshi Nakamoto, the creator of Bitcoin, is what has caused many people and traditional industry experts to raise several issues of credibility and have thus given several negative statements about it.

There have been both pros and cons discussions about whether maintaining anonymity was in fact a good decision or not, but here I would not be discussing these reasons and benefits, but look at the possible candidates who fit into the profile of Satoshi Nakamoto and could in fact be the real person or entity behind who the creator of Bitcoin really is.

 

The NSA

There have been several suggestions and claims about the National Security Agency (NSA) being the mastermind behind the Bitcoin software. There are claims about US security and intelligence agencies setting up such a software so as to provide faster funding to US, Canada and British intelligence missions and activities all across the world. They believe it to be a second version of dollar, i.e. dollar v2.0.

This would mean that Satoshi Nakamoto is in fact not a single person but could be a team of cryptographers and coders of the NSA. Because this largely sounds like a propaganda theory to create misunderstandings and such, there is little to no evidence for such claims. In another report, there have been claims stating the NSA has itself identified the real identity of Satoshi Nakamoto, thus making the whole ‘NSA is Satoshi’ claim just a big mess up.

 

Craig Wright

A brilliant computer scientist, entrepreneur, Craig Wright made waves in the media having claimed that he had exceptional and phenomenal proof to actually prove that he was Satoshi Nakamoto. This came after reports came about about the Australian Federal Police raiding Craig’s house.

However, when the time actually came to put forth the proof to prove his claims of being Satoshi, Craig eventually was a stand up guy and said that he could not do so because he did not have the courage for it. There have even been claims about people stating that they met Craig at some conference in Amsterdam about three years before the world even came to know about what Bitcoin is, and at that time, Craig had been introducing himself as Satoshi Nakamoto. Things just keep getting more and more mysterious!

 

Dorian Nakamoto

Having such close resemblance to the name Satoshi Nakamoto is what makes Dorian to come under the scanner for this creation. This Japanese American systems engineer in California actually has the birth name ‘Satoshi Nakamoto’. This revelation is what makes this whole thing even more interesting. The string anti fraud quality of the Bitcoin platform suggests that whoever is the father of Bitcoin really did hate centralized banks and the rich government and is in fact a libertarian. Dorian’s daughter has claimed to having seen such qualities in her father following his lay off from his work, that too twice. However, as any other case would have it, Dorian denies even having heard about the currency before reporters and the media started hounding him about it.

 

Hal Finney

The first person other than Satoshi Nakamoto to make a transaction over the Bitcoin network was Hal Finney. He has been a pioneer of Bitcoin from the very beginning and has also contributed towards developments and optimizations of the platform. Upon conducting tests about the similarity of Hal and Satoshi’s writing styles in their research papers, a world famous writing analysis consultancy came up with many close similarities between the two. To protect himself against being made a figure of redressal and complaint filing resulting any issues with the Bitcoin software, Hal Finney must have decided to go public under another name but since a man can very hardly change his inherent writing style that is developed ever since their childhood, he could not very well mask his writing style and create stark differences between the two. Moreover, some suggest that since Dorian Nakamoto lived just a couple of blocks away from Hal Finney, Dorian’s name could have been an inspiration for Hal to cook up the pseudonym Satoshi Nakamoto. However, as always, Hal has always denied such link ups.

 

Elon Musk

Last but not the least, quite possibly the latest person under the scanner for allegedly being Satoshi Nakamoto is everyone’s favorite business magnate, engineer and investor Elon Musk. These claims have been mostly because Elon is a technical expert and does really have the calibre to build something this revolutionary. Basing upon his previous financial software and the work he has been furthering especially at Tesla and his other investments, people have convinced themselves that Elon is Satoshi. However, yet again, because of the lack of any concrete proof no one has been able to prove this 100% and Elon himself, with a smile, denied all such claims in a tweet.

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#Tether

Tether and Bitfinex might be in a big trouble soon

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US Department of Justice and the Commodity Futures Trading Commission are setting up an inquiry on the role of Tether in the price manipulation of Bitcoin.

The US Department of Justice and the Commodity Futures Trading Commission are setting up an inquiry on Tether’s role in the price manipulation of Bitcoin during the massive growth of the cryptocurrency last year.

Earlier this year, the department of justice was initiating a criminal probe in the role of traders for price manipulation of Bitcoin in 2017 end when it reached an all-time high of $20000. Now the department is suspicious of the involvement of Tether and Bitfinex Exchange in the same matter. The department believes that the price of bitcoin was forcefully pushed up with the help of Tether Stablecoin.

 

The Investigation

The department is currently carrying out an investigation to determine whether Bitfinex along with Tether practiced illicit trading activities to increase the price of bitcoin. Earlier the US Commodity and Futures Trading Commission was also investigating the activities of both Bitfinex and Tether and now both the departments will together investigate into both the cryptocurrency companies. The officials have not disclosed yet whether the investigation is only on the companies or on the company executives as well.

Earlier this year, a professor of Texas University examined the involvement of Tether for manipulating the price of bitcoin by using trading algorithms to increase the prices. The research disclosed that Bitfinex Exchange uses Tether Stablecoin to buy bitcoin when the price is low using algorithms.

 

Tether Defends

Tether, however, defended themselves by calling all the statements as false. Tether explained that the there is a limited supply of the USDT tokens and that every USDT is backed by 1$ which is kept by the company in their bank account.

What do you think about the above statements in relation to Tether and Bitfinex? Tell us in the comments section below.

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#Bitcoin

Tom Lee: Bitcoin will hit $15000 within next month

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Tom Lee the founder who earlier predicted bitcoin to hit $25000 this year still predicts that bitcoin will surely hit $15000 by the end of this year.

Amidst the cryptocurrency market crash, Tom Lee the founder and CEO of Fundstrat who earlier predicted bitcoin to hit $25000 this year still predicts that bitcoin will surely hit $15000 by the end of this year. Tom Lee stated his bullish prediction in an interview with CNBC.

 

Tom Lee’s Bitcoin Predictions

At the beginning of 2018, when cryptocurrency prices started to fall Tom Lee predicted that bitcoin will hit $25000 by 2018 end. In July this year, Lee restated his prediction to $22000 and again in August this year, he predicted the same $25000 price.

In the interview, Tom Lee remains very confident about his statement about bitcoin reaching to at least $15000 this year. According to Lee, a regulatory clarification would surely increase the price of bitcoin this year. He said that cryptocurrencies with grow as the world will start adopting digital technology.

 

BTCUSD 1 day chart

BTCUSD 1 day chart

 

The price of Bitcoin is currently making improvements and trading at $4674 according to CoinGecko. Bitcoin fell up to $4300 in the last 24 hours. Will Tom Lee’s prediction proves to be true and will bitcoin hit a $15000 mark this year end? What do you think? Tell us in the comments section below.

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#Bitcoin

Big Whale Alert! 999992 TUSD just transferred to Binance

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Just a few minutes back, one of the big whales just transferred 999,992 TUSD worth $1,023,030 to binance account from bittrex.

The cryptocurrency market is experiencing huge losses from the past few days with all major cryptocurrencies dropping over 10% and bitcoin dropping down from $6400 to $4400 in just a matter of days. In such a situation where most traders and investors are panic selling, big whales are waiting just for the right moment to buy. Technical analyst predicts that the price of bitcoin is expected to see a correction in the upcoming days which would eventually lead to the correction in the prices of other altcoins as well. Just a few minutes back, one of the big whales just transferred 999,992 TUSD worth $1,023,030 to binance account from bittrex. The transaction hash of the TUSD transfer is:

https://etherscan.io/tx/0x42686a6494e5831bcc694685a952b5624798d728c581ecd86382dd91b5ebcd32

In the past 24 hours, the cryptocurrency market has been experiencing huge trading volumes which predict that many traders and investors bought the coins at the current price which is a yearly low for most of the cryptocurrencies.

 

Don’t Panic!

A good trader should always think counterintuitively, that’s how winning is done. Warren Buffet the famous wall street trader has said: “be fearful when others are greedy and be greedy when others are fearful”.

The current market conditions are going to make a lot of people seriously rich. So be patient, be careful and look out for opportunities. The market is a buyer’s delight right now and a sellers nightmare.

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