fenican
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April 29, 2016, 05:13:42 PM |
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It would be a very pleasant experience to hack this address..And probably many machines right now trying this..
No, there are not "many machines right now trying this" since all the compute power in the world could run for 100 trillion years and not find the private key associated with a public address. Would be a futile waste of time. That is why Bitcoin works; if the private keys could be found from a public one the whole protocol would be broken. More generally, the compute cost to find that private key on average would far, hundreds of orders of magnitude, exceed the balance associated with that account.
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Denker
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Activity: 1442
Merit: 1016
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April 29, 2016, 05:18:17 PM |
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Read some of the comments. Sometimes Reddit can be so hilarious. "Wow.. this guy is rich. Crime pays."
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richkellj
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April 29, 2016, 05:33:20 PM |
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Read some of the comments. Sometimes Reddit can be so hilarious. "Wow.. this guy is rich. Crime pays." 2800 BTC..wowww...this must be the richest person in bitcoins community
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27QVUTZj8rgZP1
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April 29, 2016, 06:59:09 PM |
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Imagine how many people are brute forcing that address now... Soon, it will be "hacked".
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Bitcoin address: 1RepentJESUSisComingSoon777kqd54C
“And behold, I am coming quickly, and My reward is with Me, to give to every one according to his work.” - Revelation 22:12
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Hugroll
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April 29, 2016, 07:20:35 PM |
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maybe its one of the FBI bitcoin seizes accounts. they seem to get plenty of bitcoins coming in and stored. im not sure if theyre auctioned off though.
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Kotone
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April 29, 2016, 07:24:58 PM |
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Is that some kind of whale? no person can have that amount of BTC. He must have been one of the whales.
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Evildrum
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★YoBit.Net★ 350+ Coins Exchange & Dice
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April 29, 2016, 07:36:39 PM |
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Its pretty bad that they where so easy to pick off for who they are. Obviously need a better way to mask their amounts, unless they want public speculation on how much they have.
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Wendigo
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Activity: 2604
Merit: 1036
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April 29, 2016, 07:48:17 PM |
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Why are you people getting excited about some Bitcoin address containing millions of dollars? So what it's probably some company's hot wallet. What are you going to do by investigating these transactions? It's not like you are going to steal their coins or something. Should we go snooping around Cristiano Ronaldo's bank accounts because he drives a car for 1 million dollars as well? Oh yes he probably has half a billion in there already
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mhurezanu
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Activity: 308
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April 29, 2016, 07:53:01 PM |
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Man, think about it. with amounts this big, you can almost feel the reward within your reach, it's human nature. it's like going into a jewellery store and thinking you could just walk out with the 200g chain around your neck inconspicuously. Think about it, it's fascinating. try counting 10% of how much cash there's in that address. That's the kind of BTC that could instantly drop the btc price if offered to be sold at a lower amount. Who knows, maybe someone wants to destabilize the market and buy low right after.
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cjmoles
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Activity: 1176
Merit: 1017
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April 29, 2016, 09:41:51 PM |
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A Bitcoin address is a hash of the public key and cannot be easily associated with other addresses related to the same key ("account")
Hence, someone who wishes greater anonymity can simply generate a new address for each transaction and spread their send/receive transactions over N addresses effectively hiding the total account balance.
For larger companies, anonymity not really important. Everyone knows, for example, that Apple has billions in cash. They don't need to keep that a secret.
^^^...Yes....^^^ If these guys were worried about who could see how much BTC they were moving, there are plenty of measures they could take to disguise their movements. Further, this isn't even a great deal of money in the larger scheme of things....It's only gonna get bigger my friend!
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fenican
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April 29, 2016, 10:15:31 PM |
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Imagine how many people are brute forcing that address now... Soon, it will be "hacked".
Unless they are idiots, nobody is trying to "brute force" that address. It would take all the computers in the world hundreds of trillions of year to "brute force". The cost of that would be nearly infinite - far more than the sum value of all Bitcoins let alone the trivial amount associated with that address.
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Kotone
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April 29, 2016, 11:41:36 PM |
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Imagine how many people are brute forcing that address now... Soon, it will be "hacked".
Unless they are idiots, nobody is trying to "brute force" that address. It would take all the computers in the world hundreds of trillions of year to "brute force". The cost of that would be nearly infinite - far more than the sum value of all Bitcoins let alone the trivial amount associated with that address. Yeah its impossible for todays technology, no super computer can brute force any bitcoin address. Even in the future.
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boyptc
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April 30, 2016, 12:20:57 AM |
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Imagine how many people are brute forcing that address now... Soon, it will be "hacked".
Converted to dollars , millions! and yes that's it, it is now the apple of the eye for hackers.
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DomesticTrader
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April 30, 2016, 12:42:03 AM |
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How can gold be better then bitcoin if there is more revenue in the gold market, more trust from the public and investors?
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mkc
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April 30, 2016, 02:04:55 AM |
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I think this proves that Bitcoin can not be used as money laundary method because t is wide open. Anybody can see it.
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fenican
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April 30, 2016, 02:10:36 AM |
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How can gold be better then bitcoin if there is more revenue in the gold market, more trust from the public and investors?
Can you send gold almost instantly to someone halfway around the world who has no physical address? You can send him Bitcoin if he has ever given you a public virtual address.
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richkellj
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April 30, 2016, 02:10:41 AM |
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Imagine how many people are brute forcing that address now... Soon, it will be "hacked".
Wont be hacked, if he transfers it in some other different wallets
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Druze
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Activity: 98
Merit: 10
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April 30, 2016, 02:36:50 AM |
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this is a little misleading because it is no where near the final balance
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