Bitcoin Forum

https://mempool.space/tx/d7db4f96a4059c8906b953677ce533493d7b9da0f854a21b99f5772910dd0a31

https://www.talkimg.com/images/2024/01/05/stUXZ.png

So... People are still burning BTC, that's nice
Or was it a $1 150 455 mistake? :D

I remember earlier times of the forum when some Bitcoin haters do that. They thought they can kill Bitcoin by burning coins. ;D
Burning Bitcoin wasn't very costly back then, given the prices of the time. However, it's not wise to make this move now. It's very likely that it was an erroneous transaction.

The fact that the sender overpaid 4x the fee, pretty sure that he's aware of where s/he's sent it. And another amazing thing is sending a million with a $12 fee but it could have been lesser if the fees are quite lower. Just as what satoshi has said, thanks to the donation to the community as this is making each of our Bitcoins or satoshis more valuable. Let's see later if someone is going to claim that s/he has mistakenly sent it there or just trying to flex how much BTC they got.

Someone, please wake me up,  26 bitcoins are quite a fortune to be burned just like that,  considering the current value of Bitcoin,  I suspect this could be an error transaction.

But if it is intentional,  I will say this should be the most ridiculous thing I had this year so far,  but the world needs that money instead of throwing it away forever,  we have so much hunger in the world and humans need money to buy basic needs why burn the money no matter what the state of your wealth.

well, on the note whether it is intentional or not, i guess we won't know the real answer here as we won't know who did place such transaction.

but i can agree with the reason that it should have been used in other pressing matters happening around the globe. but who are we to judge why such tx happened?

and if this is not intentional, the user who made such error will have regret of the lifetime he can't forget.

I feel like this is a wallet error for whatever he uses. Just like on past issue on ETH wallets or smart contracts (forgot what wallet it is) that automatically sends ETH to burn address if the user forgot to put a wallet address on the address box.
Because there's no one in his right mind to send such amount, it's not even a donation for a charity cause but just dump his money forever. Lol.

Pretty sure a few guys know already who did it , the address was funded from okx hotwallet so at least the staff there knows who this guy is.

I doubt the mistake thing, somebody who is able to us a cex, withdraw to his address 26 BTC won't magically happen to have the genesis address in his clipboard and just paste it in a transaction. I would rather point things at a badly configured sweeper bot or malware than on a common mistake.

Burning Bitcoin? For what purpose? I doubt it's haters who did it. Only 26 coins? That's nothing at all. And that already cost them more than a million dollars. That would be a crazy way to do it. They could have just congested the mempool with that amount.

If it's an error, it's a costly error. And how could the sender end up pasting the genesis address? It was possible he/she was multi-tasking, researching or having fun checking old addresses at the same time making transactions. That's not a good combination.

This does not look like a mistake to me at all; this is an intentional act, and the person who ever sent such an amount is the only one who knows the reason why they did that.
 
Check the transaction. We can all see that it was from a multi-signature wallet, which means they have to confirm before sigining in the transaction. There is a very slim chance for such a big transaction to be an error.
 
The question here should be, Why did they do it? Well, whoever has the money can decide to waste it, but sending such an amount to an address where it can't be spent is really questionable, and the exchange that executes such transactions should be aware of who is behind it; they definitely have more for them to spend.

Seems like the funds came from an address (https://mempool.space/tx/da07a73b1bd95fc3826639c730accdba3d2d29df0026d388082d7ee18e50a320) that is very involved with ordinals:
https://ordiscan.com/address/bc1qlccksaaehjkdv4tgf032pvx8n76uhazqt4rgy70y4drmqwh5espqwx89f9

The 50 BTC in Genesis block can not be used/ sent but BTC sent to the Genesis Block address later, can be used.

No one can knows Satoshi Nakamoto or anyone else has access to private key of that address. Assume, no access, any bitcoin sent to that address is lost and it is like burned coin.

The founder's vision on lost/ burned bitcoins

That address history
https://bitinfocharts.com/bitcoin/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
Almost 100 BTC burned in this address that is a big donation to everyone.

This could possibly have some connection to my involuntary hobby-horse.

Recent leaked emails[1] show that Calvin Ayre-- the billionaire rube that has been funding Craig Wright's litigation-- believes that Wright actually controls early addresses in the blockchain, consistent with Wright's initial claims but contradicting Wright's more recent claims in court (that he "stomped the hard drives").  Calvin believes Wright can only win the lawsuit against Bitcoin devs by using these early keys and has been pressuring Wright to do so. I'd agree that at this point it would be his only path to even have a chance of winning, and even that would be far from certian given the extraordinary level of obvious forgeries.

On December 20th the UK courts increased the security Wright owes the Bitcoin devs for trial from £100k to £900k. The remaining amount not already paid was due today. (We won't know for a few days if the payment to the court cleared).  At the time of the transfer 26.91679286 was worth about £920k.

Up thread it's noted that the source of the funds has heavy BRC-20 activity and I've been told that Ayre has been significantly funding BRC-20 activity.

I wouldn't expect Wright to make the payment out of funds newly received from Ayre, but rather to make them out of float used to pay his legal representation going forward, and then get a top-up payment from Ayre.  Wouldn't it be funny if Ayre paid Satoshi's address as part of an effort to force Wright to use it?  It would be clever on his part:  If he believes Wright will lose unless he uses the address then funding him via an address he can't use won't make things worse and it might save Ayre money if Wright's inability to pay terminates the case early. It would be a genuinely good idea, given Ayre's beliefs. (a better idea would be to wake up and stop being ripped off, but that would have happened long ago if it were going to happen)

Another related explanation is that someone may have set this address as their primary address on a service, either as a joke or because they were LARPing as Satoshi-- and then they either accidentally withdrew to it or got kicked off the platform and automatically had their funds sent there.  Who do we know LARPs as Satoshi and may have needed to access another 26.9-ish Bitcoin today??  :P

History may not repeat but it does rhyme. During the large ATO investigation into Wright, Wright sent some amount of bitcoin equal to his tax-ID *to* some high value address he was (falsely) claiming to own-- so he could then point to his tax ID on the blockexplorer page as evidence that he owned the address.  The tax office didn't fall for it, but I could easily see some people falling for it. 26.9 BTC is a lot of money but relative to the amount Wright is spending on litigation it's not *that* substantial, it wouldn't be impossible for that manic to think he could get some benefit in court by throwing coins away at Satoshi's address.

All in all it's probably more likely that someone had the genesis address in their clipboard for some reason,  but I wouldn't find any of the above too shocking and they are fun to consider.


[1] Email page 1 (https://miro.medium.com/v2/resize:fit:1400/format:webp/1*DmMIH-i2RzAr3kWuG_yXSg.jpeg); Email page 2 (https://miro.medium.com/v2/resize:fit:720/format:webp/1*eQQSk4xXbOupmoL_t1rp_g.jpeg)

what if i told you ayres knows CSW is not satoshi, but wants to keep the rouse alive because he had invested so much into CSW in earlier years where they done a deal demanding all story licencing rights (book and movie deal) when media production/producers come calling and asking for rights to make movies about CSW drama

ayres did also have a deal for the ROI winnings of court cases he funded, but recently stepped back from funding court cases due to only getting the equivalent of a lollipop amount

ayres only wants to keep the rouse alive because he is still hoping big movie producers will make a phone call one day offering a large cheque for the real CSW story

what if i told you that this BRC-20 junk is just OTHER(separate group)* scammers selling junkdata and getting paid large amounts for a few sats, and then just being frivolous with their scammed income, spamming away their earnings to nothing..  because if they ever dare cash out to a KYC'd exchange, their real world identity would be known and then legal issues then follow

*maybe team ordinals is now funded by BSV. but from my view they are sponsored by the same corporations that prefer offramping people to subnetworks by making bitcoin annoying to use

@gmaxwell, what is the probability percentage that CSW is behind the puzzle challenge? Is that a possibility in your opinion?

---

Lets not forget that the real satoshi would never support a centralized coin like bswhatnot, I think that should be the obvious sign. Though they just gifted dragon with 26 Bitcoins, I hope he uses it to make a development platform where authorized people can have access to tech resources for better development. 😉

Here is what is strange. I remember a year ago something similar happened because I made a thread about it on Bitcointalk. And get this, someone sent 4 BTC about a year ago, it was on January 8th 2023, at the time this was around $65K or something around that number.  I found it strange.

Now about a year later and someone else in January also sends a large amount to Satoshi. Honestly these bitcoins are pretty much gone for good because I don't think they will ever be moved.

Whoever this person or group of people might be, they must be rich and earn a lot of bitcoin

But still burning 26 bitcoins is a huge deal if this is truly intentional i wonder what they were thinking
Did they think that this would increase the price of bitcoin? With some coins inaccessible and therefore no longer in the circulation? Even if this was their goal, it is a bit ridiculous or maybe even super ridiculous instead of just investing like normal people and waiting for right timing they decided to manually control the market

In case it is not a mistake, it is clear that the sender has much more than that. There are those who send a few satoshis to the genesis block address because for them it is nothing and there are those who have so much money that they can afford to waste 26 Bitcoin.

If it is a mistake, or a victim of malware, it would be another matter.

If Bitcoin haters still has plans to do this right now I think they are just killing themselves and just making value to every Bitcoin hodlers wallet. 😅 Good backfire actually.

Maybe that was just a birthday gift from someone for reaching another level of survival of Bitcoin. That gift benefits us all who hodl Bitcoin.

In terms of value, it can be considered really big, but no one knows whose owner this address belongs to. Now if the 26.9 btc was released, I can't say if the person who did it just burned bitcoin. But if I were the owner of Bitcoin for that amount personally, I would not do such a transaction.

Also, even if they sold like that, it doesn't seem like the price value of Bitcoin was affected much. It also recovered immediately.
Though, it can still be considered as huge amount of Bitcoin.

26BTC is big amount in todays scenario where the value of 1BTC is above 40k USD. The transaction does not look like it was sent to the Genesis block in error. It looks to me that it was sent deliberately, the person who did this transaction I am assuming would be someone who will have a large stash of Bitcoin. Most probably an early adopter who might have done this transaction. But, why would someone do it that is the question in my mind.

Edit: I found out that someone purchased those 26BTC from Binance before transferring them to the address. Is this real or a fake news?

They need a lot of money to do that and if they just throw that money then they are only hurting their selves financially since no people would buy what they are doing. IF they could just sell that on exchange and cash out for sure there's a lot things to use that. But if they really intentionally do that then they must be totally crazy for thinking that they can influence people for doing the same action just what they did.

But anyways I'm still doubting if the owner do that intentionally and I maybe believe that that is mistakenly sent since no insane people will burn his $1m" worth of money just because they don't like to have it.

https://external-content.duckduckgo.com/iu/?u=http%3A%2F%2Fwww.quickmeme.com%2Fimg%2Fad%2Fadaa33200aad5ed5244c329bd899986d37376f4fabb80a8269f697de4e9c219f.jpg&f=1&nofb=1&ipt=963ebb60d4929b01d24c9cc2b900ae21a6f10129b2e1ade344a99be843fc8319&ipo=images
(source (http://www.quickmeme.com/img/ad/adaa33200aad5ed5244c329bd899986d37376f4fabb80a8269f697de4e9c219f.jpg))

Could it be some sort of Ordinal rarity nonsense? Like issuing Ordinals which fund Satoshi, and have a leaderboard with high scores, I don't know. Honestly, sending 26 bitcoin to Satoshi seems too stupid to have happened deliberately.

Technically, it is not burned. Satoshi (or whoever owns the address) can spend that output.

Just a silly question.
If this is the "genesis block address", why I don't see the coinbase? I would have expected to se at least 50 BTC on that address, but I can see barely 50, after this 26 BTC sent.
And On the Genesis block, I can't see this transaction... Is this because it's the same private key, but a different public key format?  Public key/ compressed public key difference?

It is most likely a mistake. I don't think anyone would deliberately burn that much Bitcoin. (normal persons wouldn't burn any amount) now question is how could someone does such a huge mistake.

Bitcoin wallets don't run on smart contracts like ethereum. so I don't think it can be a wallet error.
I can think of some kind of clip board maleware. where you copy your address but it'll change to another one when you paste it. hackers use this method to steal people money.

Well if this is true then anythings possible. Those ordinal guys or developers are really have ablot of funds to make this scheme and probabll will do another hype thing around that 26 bitcoin sent. Somehow I began to think that they are sending a message about what they did. Pretty sure its not an error as the guy sent from Binance is probably aware of what he is doing. He targeted Satoshi Address for a reason.

Oh G man, and here we are working around the clock to make some decent money with hard work and feed the family. Look at this guy, making fun of us and saying us poor in 999 different languages. Isn't it? If they want to donate or burn Bitcoin then why peeps dont send it to others? Maybe bless friends or family or just donate the money to charity or maybe give it to random peeps. But why the hell go and burn the Bitcoins out of hate. If this was a mistake then I am pretty sure they were drunk asf. Lolz. But who just randomly go to their wallets and send away millions to genesis address, isn't thats little spammy?

Based on the source, the screenshot from @Eljaboom on the X platform was made from the Binance exchange address
https://i.ibb.co/ThGNffQ/image.png
https://twitter.com/Eljaboom/status/1743505392787730899

Maybe this is a good sign that this year will be a historic year. It is possible that I am sure that by sending such a large amount the person wants to give us a message. It's just that this is my personal assumption but in essence I'm quite optimistic ± 27 BTC with the current price range we could relate it to the price of the upcoming Bitcoin Halving, for example $100K more.

Mempool.space doesn't show the 50 BTC generated in genesis block as the balance of 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa and there can be two reasons for that.

• The 50 BTC generated in genesis block is not spendable.
• The 50 BTC was paid to the public key associated with that address, not the address itself.

There are explorers that show that 50 BTC in transaction history of that address. A good example is blockchair.com (https://blockchair.com/bitcoin/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa).

Blockchair.com and many other explorers display P2PK transactions in the history of the address derived from the public key, but mempool.space doesn't do that.

Mempool.space does not show pre-2013 transactions IIRC

edit: Thank you hoessinimr93! After posting this message I went on mempool.space and saw I was wrong. I only use mempool.space for quick balance checking/pending transactions, as i use my node, and I don't know why I was thinking this 2013 stuff, maybe bad memory / brain fart ::)

They have the entire blockchain and show all transactions.

Here is the the transaction generating 50 BTC in genesis block on mempool.space.
4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b (https://mempool.space/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b)

As you can see in the above link, the transaction is P2PK and the 50 BTC has been paid to the public key.
As I said in my previous post, mempool.space doesn't show P2PK transactions in history of addresses.

I kind of like the sound of that... Ayre wasting his own money to indirectly make our stash a little more valuable.   :D

Is there a possibility that market makers (MMs) are manipulating the Bitcoin SV (BSV)/Bitcoin (BTC) pairs on the OKX exchange? It appears unusual that the BSV/BTC pair on OKX is experiencing movements that result in selling pressure. Could it be that MMs are extracting BTC from these transactions and then 'burning' it?

My hypothesis is that this activity originates from within the exchange. The pattern seems to be: the market is artificially pumped, which excites MMs. These MMs then add BTC to their trading pairs. Subsequently, the manipulators withdraw the BTC from these market makers and deliberately decrease the price. Intriguingly, this BTC doesn't seem to re-enter the market. Instead, it might be destroyed or used for other purposes, such as spamming the network with low-value transactions, referred to as 'shitpegs.'

https://i.postimg.cc/hPX2Jdwn/SHITCOIN.jpg

I think there is more to this than meets the eye. 

26BTC is not 260,000BTC. Considering the total limit of bitcoin is 21 mln., then these 26 BTC are a drop in the ocean. Yes, this will make the coins remaining in circulation slightly more valuable (a couple of bucks?), but the impact will be almost unnoticeable.

26 BTC is a lot of money for one user, but completely insignificant for the entire BTC-system.


Write the erroneous address, erroneously click the “send transaction” button, erroneously click “yes” to the question “do you really want to send 26 BTC to the genesis block address?”? :)

Is it too much of a erroneously erroneous? :)

I still dont get why Ayre would play along with all of this... the only end game I see is Ayre holding BSV hostage and nChain and its 'patents' leaving Creag bankrupt (he already says he owns no assets)

they were aware and intentionally did it..... if that amount meant a lot to someone, they should have at least double-checked the destination address. In this context, I think maybe he donated 1 million dollars because they might have won a jackpot of 42 million dollars (https://bitcointalk.org/index.php?topic=5480517.0). No one knows the reason behind it and where the money came from, so once the transaction is confirmed, it means the transaction is legitimate.

Don't worry... someone reducing the supply and circulation of Bitcoin will benefit you as a BTC hodler. It's a bit fairer in general.

Or maybe Satoshi decided to buy more bitcoins as he know that bull run is near. :D

Joke aside, I seriously doubts that's a mistake and whoever did it probably has an ulterior motive for doing it, rather than just burning 26 BTC.

What @gmaxwell wrote in his post makes sense, because it is not only CW Faketoshi who has already become a pathological liar, but all his sponsors are also infected with these lies. But when you are powerful enough and have a lot of money, you can claim whatever you want, especially that you are Satoshi Nakamoto, who cannot or does not want to defend himself against it.

However, I wouldn't completely rule out the possibility that someone who has a lot of Bitcoin because they bought it cheap or even mined it in the early days just wants their five minutes of fame.

It's an exchange, seriously stop the witch hunt!


It more like 50 BTC bitinfocharts shows the full balance, including the 50 unspendable BTC Satoshi generated.
But since you can can also say that he burned himself those by mistake, yeah one might count them too.


Some say it's okx.
https://bitinfocharts.com/bitcoin/address/bc1qlccksaaehjkdv4tgf032pvx8n76uhazqt4rgy70y4drmqwh5espqwx89f9

I genuinely hope this turns out to be true.  It would likely signify the end of their cooperation and a tremendously weakened and fiscally-hobbled Faketoshi going forward.  Because clearly there is absolutely no way in hell he's accessing the BTC in that address.

Fingers crossed.  Although, given that several block explorers seem to suggest the funds are from an exchange, odds seem slim.  Ayre using a SegWit address seems comical to me, somehow.  :D

https://blockchair.com/bitcoin/address/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

isn’t this first block

Any hard-earned bitcoin or money is never meant to be burned, regardless of how much its value as long as the owner works hard for it, then it’s odd to consider burning bitcoin, unless if the transaction made becomes an erroneous one. And I’d say this is obviously not intentional either, 26 btc is certainly huge, no one would dare simply throwing it away without valid purpose.

Burning bitcoin in the past might not be an issue since the value is still absolutely low, but hey with its current value, anyone would be throwing even 1 btc is not on his proper thinking, except if the transaction goes wrong, then it’s hard to retrieve it again.

and this is block 0

https://bitinfocharts.com/bitcoin/block/0/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

which is 1 block sooner

The same thing came to my mind. They could have just anonymously donated the coins to some charity than to render them useless. They might have their reason but there has no obvious effect on burning coins as such.
If it's through a mistake it's a very heavy one, and if it's intentional, it's a foolish one. Burning isn't going to help any miners or even the large holders in both short and long term. There are losses every year due to loss and deaths and the supply would keep on decreasing even though you are not wasting 20BTC at once.

https://www.talkimg.com/images/2024/01/06/sFOMJ.jpeg
generated via imgflip


Hahaha
Why don't them haters make same move? ( laughs)
I guess BTC is too risky for them to burn
The funny thing is that burning Bitcoins even makes it more scarce and less amount in circulation makes the value higher and more stable .
Besides that was Satoshi's point of the halving protocol ( to reduce inflation and promote the Bitcoin value.)

There's more at stake than a potential and hypothetical movie deal. There's not much money to be made in a biopic about satoshi. Even authors of hit books are lucky if they get a million or so advance for their work and they already have source material which has a fanbase. Craig doesn't have anything yet and anyone could write a book about this and then sell the rights to it. All craig could give is exclusive access or make it 'official' but you don't need his permission. Calvin is just hoping Craig can con the courts into giving him ownership of bitcoin and the fortune of the early lost coins along with patents on blockchain technology etc. I don't know why he hasn't given up yet but maybe he's in too deep now and might as well see it out till the end. Like most BSV-ers I doubt he actually still believes he is satoshi even if he did at the start, but just has a financial incentive now. I think most BSV-ers are just greedy fools who think this is their opportunity to invest in "bitcoin" at sub £100 prices so they continue the charade in the hope of getting rich.

It was probably a wrong transaction, very sad for the person who lost their bitcoins in this way, it must be desperate.

It's always a good idea to check the address correctly, or send a small amount beforehand to make sure everything goes well.

I like the CSW angle in this. I think it's the best explanation in this thread and if it's real (which I think it is) I hope it was either his mistake, or he used that address somewhere and got money sent to it.
Thank you for your donation, Craig. You're a sick mofo, but keep it going. Your loss is our gain.

Imagine the look on his face when he gets an email from some company saying -we've sent money to one of the addresses you provided when you made an account with us. Then he checks the address and his face gets more and more pale as he realizes where the money went :D

        -   You know, to be honest, that makes me think a little bit, because in this day and age, if you are the one holding that amount, it will not be simply released or released. If it is different from us here, who aspire to hold at least 1 bitcoin when the arrival of the bull run is fine with them, if their target sell is 100k$ per bitcoin, that's 26 btc.

Could it be that the person who did that is not really the original owner of that address? Is it possible that a hacker did it? I'm just asking because if the original owner is still holding that address, even if we say that there is an emergency purpose that happened in his personal life, he will not do it for sure to release such a large amount. In fact, what do you think?

To be honest, I really don't know what to think about this transaction, at this point I think that it's better if this person did it on purpose because at least it means that they knew exactly what they were doing. If it's been a mistake, wow, I really don't know what I would do at this point, maybe this guy has a ton of bitcoins anyway, who knows...

That the extent of the hate against human freedom,  the act is perceived to them as being an anti-Bitcoin move,  and with that in mind they failed in every other sense of reasoning to charity or humanity was not in their thought,  just as in the thought of Satoshi who left Bitcoin to flow on it own without interferences,  well maybe they are among the early whales who bought loads of says at an incentive or a giveaway airdrop manner.

Or even hackers who are looking for where to throw away the Bitcoin without any trace,  but in reality this act is anti-social.

see the Chart of BTC address where did the 27 BTC come from.
first transaction 13 december 2023.

https://www.blockchain.com/explorer/addresses/btc/bc1qlccksaaehjkdv4tgf032pvx8n76uhazqt4rgy70y4drmqwh5espqwx89f9 (https://www.blockchain.com/explorer/addresses/btc/bc1qlccksaaehjkdv4tgf032pvx8n76uhazqt4rgy70y4drmqwh5espqwx89f9)

Source?

Since you've been a reputable BTC developer, I'll take your post seriously, especially considering the fact BSVers/big blockers consistently deny there's a conspiracy going on for almost 3 months to clog the BTC blockchain and render it useless for e-cash/p2p transactions (https://bitcointalk.org/index.php?topic=5452159.msg63427663#msg63427663).

Sorry HmmMAA, but no free market economics/laws/logic can explain WHY would someone burn 26 BTC! Either it's pure stupidity (highly unlikely) or something more sinister is going on behind the scenes.

Also, since the transaction was made from Binance, isn't it possible to verify the identity via KYC? Or am I missing something?

Your source. If you read the posts above it, you will see okx is the exchange not binance. All according to the sources though.

lets use an explorer and follow the taint (backward audit)

block 0 satoshi address
1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa
received received 26btc from: (https://www.blockchain.com/explorer/transactions/btc/d7db4f96a4059c8906b953677ce533493d7b9da0f854a21b99f5772910dd0a31)
bc1q9z82prqdknpv4ku3haargeu7c0h67yrpree6v2
received 39btc from: (https://www.blockchain.com/explorer/transactions/btc/da07a73b1bd95fc3826639c730accdba3d2d29df0026d388082d7ee18e50a320)
bc1qlccksaaehjkdv4tgf032pvx8n76uhazqt4rgy70y4drmqwh5espqwx89f9
received 39btc(~19.5+~19.5) from:
binance4 ~19.5btc (https://www.blockchain.com/explorer/transactions/btc/3dc7f94ffc3bcd0e279d4c71b5a214c3af68092b77a1df3d6ff6da9e7d3a39f6)
binance4 ~19.5btc (https://www.blockchain.com/explorer/transactions/btc/b135437a592b22ecfb8350f4d85c8c71c8d7887ac1b675f519d9139191a65f01)

so its binance not OKX..
(though blockchain.info tagging of addresses could be wrong)
(though bitcoinrichlist (https://bitinfocharts.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h) tagging of addresses could be wrong)

Of course, only people with a significant amount of Bitcoin would consciously donate 26 BTC. Someone with a low savings balance would unlikely consciously do such a thing. An equivalent of 1 million dollars is indeed valuable for many, but those in control of substantial wealth may not consider it a big deal as long as they can generate more.

This transaction has already occurred, and we all haven't felt anything special or significant change; we're just amazed by the amount because it's substantial to us. I think speculating on that person's decision is starting to become pointless.

If they can throw away money just like that, it can mean that they are filthy rich and they won't ever struggle financially. But if ever it was a mistake, it is painful, as the amount is not just big but its pretty huge. That was $1m dollars we are talking about here.

As a normal BTC investor, they are also planning to sell their coins on the exchanges once they think they are profiting already but too bad it won't ever happen. :(. If it's intentional, only crazy people will indeed follow the same action. What will they get when they do that anyway? LoL  :D. We can only wish it came to the poor BTC users and they can use the money wisely, but they can be kind enough to return it to their rightful owners.

If it was an error then that was a big error to make! I can't believe someone could just shoot over an entire fortune like that, its just wild to think of! Perhaps it was a flex or perhaps it was an accident we never really may know the truth. If it was meant to be on purpose certainly they have a boatload of bitcoin!

I think it is supposed to be a demonstration of ownership. The sender wants us to believe he has the private key to this address. Unless he moves the coins to another address, I don't believe him.

It is just a sign. Buckle up

I don't think that it was an error. It was probably done on a purpose. Who knows that if this is just someone who has bought thousands of Bitcoin during the early days and want to thank satoshi for his contribution and he has done his part. But honestly, this is really a fortune of a lifetime that someone can easily drop off and forget about it. This guy/gal probably have a lot of money or BTC holdings and this isn't really a mistake but sort of token of appreciation and showing his/her gratitude to satoshi and bitcoin.

No, it wasn't a demonstration of ownership. Because if someone who owns that address, it's none other than satoshi himself. It is just a way to burn those BTCs forever.

You don't have to believe nobody because it's the genesis block address and only satoshi is the one who's known to have access on it but we don't even know where he is or might be dead and unlikely to come back.

I love that there's a lot of haters like that, they burn bitcoin just to get their point across is something that I aspire to do in the future even though I'm not a bitcoin hater. But to be serious though, I don't think that it's a bitcoin hater though I mean that amount is just too big to be coming from a bitcoin hater that wants to send their message across, maybe that's the point because we wouldn't care too much if it's not a huge and considerable amount but still, kind of weird that it's a hater. For me though, I just like to think that this person is someone who's rich enough to sacrifice a little bitcoin stash that they've got to make bitcoin more rare.

Bitcoin has something called a testnet to try something, I don't why dissipation and waste the money even they can use that.

There's no have purpose If only 99 BTC. If that supposed to be ownership, who is proud to be satoshi? I think, he's crazy if want to be satoshi.

When I look at Explorer, that address never sent any btc yet (only received), is it possible Satoshi forgot the private key?

if i was to go with the idiot belief that ayres isnt in on the CSW scam and genuinely feels that CSW could be satoshi.. then i can envision a conversation of:

CSW "buddy i need $1m, you always been good to me, gimme money"
ayres "ok i sent it to satoshis address, you can claim it there and also prove everyone wrong"
CSW "but um, um. :( [insert excuse]"

however i feel ayres is in on the CSW scam and has not been interested in a cut of the stash and has only been doing collateral ROI deals about court fines, book/movie deals, company acquisition deals as he knows he wont see CSW move the stash.. because he knows privately CSW isnt satoshi


so with that said i feel its more about binance and their totally different deal (with ordinals) where its ordinals (totally different scam) scammers pushing their scam earned coins into satoshi address unrelated to the CSW saga

Most likely and that's what everyone is believing. So satoshi played it really well and proven one attribute of bitcoin for being anonymous whilst him, pseudonymous. That address is unlikely going to send any Bitcoin for what the most of us think that it's totally lost forever.
It even came from him with the quote at the first post about lost Bitcoins forever and it's probably that he did it on a purpose. So, if there are more people sending BTC on that address, it's like the burn address that satoshi has assigned but there are other addresses that have served the same purpose.

Maybe Satoshi's heirs have control of that address, and it is a savings account for use after the great reset of world finances. It's a great way to attract donations. The most interesting post will come when some of those coins are spent. I'm starting to believe that that will happen in a fed years. :)

Alternatively, maybe somebody found Satoshi's hard drive dumped in a recycling centre. :)

a hacker dusting the old address. it's what they say 26BTC is just dust to those rich guys.  ;D felt sorry for the hacker.

but it's probably more like an error but it's hard to theorize what caused him to copy that old BTC address, could it be in his contacts? this is the beauty of blockchain everything can be seen and sending 26BTC can already sound an alarm.

the destination address is like accumulating by the way. https://mempool.space/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Since I have been into crypto, I have only seen this madness only with altcoins trying to reduce the supply of tokens to a burn address and because burn addresses are wallet address without private keys, it is impossible to spend the coins in the wallet but now that I'm seeing this on bitcoin, I'm really confused why anyone will choose to do this madness with such bitcoin. Not even a drug cartel will use his bad money to buy bitcoin only to waste it on a place where he wouldn't have access to it or was it trying to cover tracks?  :-X There is more to do this madness to be honest.

This can't be a mistake a mistake because if this was a Trojan or keyboard hijack, when he pasted the wallet address, if th hacker wanted to have the bitcoin, he would have change the wallet to his own address but instead to a dead wallet which was even obvious from the prefix, the bitcoin was sent from bc1 to 1 prefix, this is not cool but it's what is, the owner would understand better.

I saw the news from Google New feedback and clicked on it and read it and I was like wow!! I was also thinking the say direction with the Op, I was thinking that was it a mistake or the person deliberately send to support the work of Satoshi? And if is yes then it is a very good donation to the Bitcoin family to make the coin more stronger.   And if it is a mistake then Satoshi will trace the sender address and know if I was a mistake or not. But I don't think it is a mistake because hackers would not do such a big mistake and individual would not do as well.

Hello,

If someone wants to make a mistake in my wallet, here is the adress : bc1q93t3pkrnmmxg3q5ay075znu4y3xdtvwx0s0rkt

You can make it voluntary too if you want.

Thank you and happy new year  :-*

Not 26 BTC but just sent you 0,26 usd (https://www.talkimg.com/images/2024/01/10/shYpv.png)  ;D as a friendly ridiculous tip

9d5ccda37d72617f5d88d38d30e5e743f663f69a1d24bcd77e8e806bb878c984

From small streams large rivers are born  ;D

Thank you

whoever person sends that is totally insane or that person is super duper crazy or super-duper rich that throws millions into inactive addresses, maybe he is wrong when trying to send some bitcoin to his wallet and instead send to another wallet

i have a message tho to the sender and here is the message
please if you can send 26 BTC to an unknown address please send me a slice  ;)

tHE dIGits 26.91679286 iS a msg fROm a tiMe trAVELer to SatoSHI

Wait I'm not sure if I am reading this right. The 26 BTC donation in itself is a bit shocking, but a 1.2 mil transfer for 20 bucks and he paid 4x the tx fee!! That's bloody good. How did he get such a low transaction fee?

Bitcoin fee is base on the weight, not from the amount you want to send, it's different to Paypal or any other fiat payment processor.

Well it was 12 bucks and the reason why they overpaid 4 times high likely due to bad estimation by the wallet.

Correct, the msg of this post is msg63471245, there are only 2628208041 to go. ::)

They can't be sent. The coins might as well have just been tossed into a digital black hole. This transaction having anything to do with Craig doesn't make any sense at all. If Craig had any control over the genesis block or any of the very first addresses he would have just signed a message by now, but he can't for obvious reasons. It's like someone throwing money down a sinkhole that they don't own to try claim ownership. I have no idea why this happened but I can't see any way how this benefits Craig.

Doesn't matter what Calvin thinks just as long as there's a chance Craig can somehow get a hold of Satoshi's stash or bitcoin's IP someway. He probably knows by now that Craig isn't Satoshi but is still hoping he can con a court into 'officially' crowning him as Satoshi, which is unlikely but not impossible.