Bitcoin Forum

Am I reading this wrong? Am I on drugs ???

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

How did you calculate?
First, this address has 81500 Bitcoins. With the current price of bitcoin, it's 750m dollar.
Second, the address belongs to an exchange. It's clear and there is no doubt.

Yes


If you don't know the answer to that question, quite probably the answer is yes.

Anyway, to clarify, the total received is not how many bitcoin the address owns, it is how many it has received over its total lifespan.

I believe you are looking at the total received as opposed to the current balance. Over the course of this wallets life 18 billion worth of coins (at todays value) has passed through this address but at this point in time it has around $750 million to its name.

Who owns it is a miracle.

it is not a miracle. if you run a popular services such as an exchange which thousands of people use and deposit their bitcoin with you, you have to store all these bitcoin deposits somewhere safe. and that somewhere safe is a cold stored address like this one here.

Why you guys kinda crush my dreams. I'll keep pretending it's a billionaire with 18B

And 750m is still a shit ton. And I found out this belongs to a popular gambling website.

Sure. 750m is a lot of money. But that amount isn't owned by the owner of the wallet. Like you said, it's a gambling site so it's to be expected for that address to receive huge amounts due to deposits by their users.

You are reading it wrong since if you compute the amount of bitcoins in his address it will not sum up to a billions of dollars. But you are right and you are not dreaming when you saw the 80k plus bitcoins in his wallet address since the blockchain does not lie. You will also be shocked if you will also see a wallet which is a hundred thousand bitcoins on it.

To cut the story short, drug or not drugged, this wallet address belongs to an exchange, so take your mind off it. whatever calculations you doing to me its a total waste of time, it just like you are counting money that doesn't belong you, which at the end they ( owners ) won't even say thank you for helping us count our money

Saints! Where you can earn 81 thousand bitcoins? I don't understand it at all))

My guess is either an exchange or a very early adopter. Lets just hope that the owner of this wallet doesn't do a mt gox and dump it all on the exchanges. This would create another bear market and we're just recovering from one

It's a gambling website called Carbongaming.ag.. They make bank obviously

This is most probably an bitcoin exchange. If he is an investor, he must have invested at the time when bitcoins was just few cents each.

It is not from a single person, its probably from a exchange that has huge volume, so this coins belongs to thousand of users not a single one.

Anyway, this is not the richest wallet. Currently this wallet has more than double: https://blockchain.info/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
The wallet that i mentioned belongs to bitfinex exchange that received more than 1,7million of BTC and has more than 185k BTC now that worth about $1.8 Billion at the moment.

if this is a wallet exchanger, then I believe and there is no doubt
because it's not their asset, the BTC is someone else's asset
they just keep it for the purposes of trading users

No that is mistake, that adress may have such amount of bitcoin but actually no one has such amount of bitcoin, that belongs to those who use this exchange, is it bitfinex?

Final Balance: 83,649.29070202 BTC
Let's compute it with current price @$9,654
= $807,550,252
So base on: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html this is from binance.

This is probably an exchange wallet address,  as an exchange will definitely have alot of traders with so many bitcoins. It simply means, there is no cause for alarm.

Very large contents in it, surely if all the bitcoin in the wallet is sold directly will happen
massive dump like last time because it is not a small amount but a large number that can affect the fluctuation of bitcoin

not even that much compared to satoshi.  Satoshi is currently sitting on over 1 million bitcoins.  There is a lot of speculation on whether or not he will eventually unload his btc and spend them.

And on second thought, no people will hold that much coin except exchanges. Can someone tell what exchange that address belong to?

That's only an assumed balance for satoshi but we don't know on the real quantity on how many he does. Those statistics that shows his one of the richest person on the world isn't enough because they doesn't have proof.
If the market suddenly bears then assume that he is dumping.
Only yourself can answer it if you are on drugs. Wash your eyes and check the address again, boom it's real 84k+ btc.

Yes, you are on drugs. This wallet address definitely belongs to an exchange. Thousands of people use and deposit their bitcoin on there.
So yes you are wrong.

there are very rich people in the world who's wealth is beyond the imagination of normal people, so what ?? how does that affect you in a way that productive in the realization of your own goals. regardless on wether it's owned by an exchange or an individual, focus on your own shit bro and good luck :))))

I think you are just trying to ask about the figures is for real? In which this is not yours that this is belong to other person or organizations. This figure is for real in which anyone can own this much Bitcoi, most likely the exchanges, the big whales and of course some billionaires who invest in Bitcoin currency. There is just a normal thing but this is enough to manipulate the price in the market.

This is really a huge asset and I am very concerned that the owner of this property can dominate the market a lot if they want. The cryptocurrency market has created very wealthy people as they hold many bitcoins and valuable coins.

yes, you are wrong, but you are right that the blockchain has bitcoin, and not much as you mentioned.

even, did not reach 90000 bitcoin. is that your blockchain?

If you'll read my post #19 it's from binance. And mate blockchain is different from blockchain.info wallet which I think you are asking.
https://en.wikipedia.org/wiki/Blockchain
https://blockchain.info/wallet/
Bitcoin Wallet (https://www.investopedia.com/terms/b/bitcoin-wallet.asp)

I literally just said... The wallet begins to CarbonGaming... A online poker and casino website....

Case closed

yes... you're on drugs :D or the weekend hangover comes early for you :P

yes high possibility it belongs to a business that holds people money, exchange or gambling site
it's currently having balance of $ 816,578,551.98 ($816 M) 83,567+ BTC

lol, I'm sure you just realized that you were looking at the wrong number ;)
you were looking at this number $ 21,097,498,387.85 ($21 B) right? 2,159,093+ BTC
that is the "Total Received" 8) amount of that address not the current balance

now i can see that address has 20 Million US Dollar worth in bitcoin, i think its normal if the owner of that address is an exchanger, which is that bitcoin is not their bitcoin, bbut the bitcoin is their customer, and from we can see that the transaction is generated every time, its makes me believe that address is from an exchanger

For the 3rd fucking time... This address belongs to Carbongaming.... A online gambling website. I'm locking this thread due to idiots