Who is sending to 1111111111111111111114oLvT2?

[AliceWonderMiscreations]

Ok. You'll have to hold my hand a little here. Don't all addresses have a private key somewhere along the line? I assumed that someone generated it, ended up with a private key and then declared it destroyed.

Yes the address does have a priv key, but it isn't available/known to anyone.

Has it been proven that every 20 byte number has a correspond secpr256k1 public key that will ripemd160 hash to it?

I'm not convinced it has, so there may be public addresses that do not have a corresponding private key.

[twister]

Stupid people, throwing money away for god knows what reason, if anyone wants to burn their bitcoins, my address is in my profile, send em all there, I'll make sure to burn them on casinos and cam girls.

[Bitcoinpro]

47 Bitcoins

[7788bitcoin]

Stupid people, throwing money away for god knows what reason, if anyone wants to burn their bitcoins, my address is in my profile, send em all there, I'll make sure to burn them on casinos and cam girls.

Anyone burning their bitcoin is just like giving part of the value to everyone! The most they burn, the most valuable is your holdings!

Just an estimation: if you are holding 21 BTC (1/1 million club), for every 1 BTC burnt is approximately = you receiving an extra 1 bit! Isn't this wonderful?

[AliceWonderMiscreations]

I'll give $5.00 USD to anyone who provide me with the private key to that address.

[Bitcoinpro]

I'll give $5.00 USD to anyone who provide me with the private key to that address.

2^160

[Bitcoinpro]

Stupid people, throwing money away for god knows what reason, if anyone wants to burn their bitcoins, my address is in my profile, send em all there, I'll make sure to burn them on casinos and cam girls.

Anyone burning their bitcoin is just like giving part of the value to everyone! The most they burn, the most valuable is your holdings!

Just an estimation: if you are holding 21 BTC (1/1 million club), for every 1 BTC burnt is approximately = you receiving an extra 1 bit! Isn't this wonderful?

wild guess would be more accurate  

id put it at higher than that without even doing a single

calculation just going off Bitcoin instinct

[ralle14]

These people must be sending the bitcoins to nothingness because they had a bad time with it or wanted to make bitcoin more valuable as possible like what bitcoin7788 said. With 21million controlled supply minus satoshis bitcoins and these bogus address and howells lost hard drive bitcoin will surely be more valuable than what we will expected.