Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: tuskacz on February 16, 2018, 09:48:32 PM



Title: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: tuskacz on February 16, 2018, 09:48:32 PM
https://blockchain.info/address/1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF

and he did not withdraw his bitcoins since 2011, did he lose his private key?


Title: Re: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: stompix on February 16, 2018, 11:02:50 PM
MtGox coins

https://www.reddit.com/r/mtgoxinsolvency/comments/7q9kar/i_found_79k_of_stolen_mtgox_coins/
https://www.reddit.com/r/Bitcoin/comments/799k3u/bunch_of_adresses_moving_50k_bitcoin_in_harmony/dp0haw9/




Title: Re: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: atrocityx on February 16, 2018, 11:04:58 PM
MtGox coins

https://www.reddit.com/r/mtgoxinsolvency/comments/7q9kar/i_found_79k_of_stolen_mtgox_coins/
https://www.reddit.com/r/Bitcoin/comments/799k3u/bunch_of_adresses_moving_50k_bitcoin_in_harmony/dp0haw9/




Almost brings a tear to my eye.. probably can't touch them either because the feds would be all over it moving ANYWHERE!


Title: Re: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: hosseinimr93 on February 16, 2018, 11:11:02 PM
But this address is still receiving some Satoshis. It's weird. The last transaction has been done  on Feb 12.  If the person has lost the private key, why is it still used?


Title: Re: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: Wallflower28 on February 16, 2018, 11:15:57 PM
But this address is still receiving some Satoshis. It's weird. The last transaction has been done  on Feb 12.  If the person has lost the private key, why is it still used?
Maybe he was just holding his bitcoins. The fact that it is receiving satoshi means that the wallet is still alive and I think he jusy waiting the opportunity for the bitcoin to increase for him to gain more profits.
My conclusion is that, the person behind that transaction is a whale and for sure, he just waitin a moment to sell his bitcoins.


Title: Re: This guy has more than $800 MILLIONS in cash from bitcoins
Post by: stompix on February 16, 2018, 11:27:48 PM
But this address is still receiving some Satoshis. It's weird. The last transaction has been done  on Feb 12.  If the person has lost the private key, why is it still used?

I can send coins to whoever I want, I don't have to know him he doesn't have to know me. And you can do the same.
This doesn't mean the owner is still active.
It simply means people want to spam that address, for tracking, for creating dust...for fun.

Best example:
https://blockchain.info/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

The first mined coins by Satoshi.

Maybe he was just holding his bitcoins. The fact that it is receiving satoshi means that the wallet is still alive and I think he jusy waiting the opportunity for the bitcoin to increase for him to gain more profits.
My conclusion is that, the person behind that transaction is a whale and for sure, he just waitin a moment to sell his bitcoins.

No it does not, see the answer above.