Would it be principle possible to own all bitcoins?

[Patrick349]

Would it be principle possible to own all bitcoins?

[DOGE12321]

Hey Guys,

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. their Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

Best regards,

Patrick

No, because you still have to remember the Bitcoin in cold storage or on hardware like USB. However, all online Bitcoin could possibly come into your hands.

[odolvlobo]

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

All the bitcoin addresses that contain bitcoins (and that have ever contained bitcoins) are listed in the block chain. You just need to get their private keys.

[Herbert2020]

I just got the following thought.

you didn't explain what your thought exactly is!

If you would find a wallet

what does this mean, you mean searching the internet or other people's computer to find their wallets.
or do you mean finding (creating bitcoin addresses) because a bitcoin wallet is file that is holding the bitcoin addresses + their private keys that your wallet application has created.

that could hold all bitcoin addresses incl. there Private Keys,

you have to create all those addresses + private keys and since there is 2^160 possible bitcoin addresses you will have to continue making addresses until the end of the world.

you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

yes you are wrong.

[Omegasun]

Hey Guys,

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

Best regards,

Patrick

these is sound greeedy. hahaha. but it is not possible. because all bitcoins is not in online. you cant get that it is in the usb and they store it under the ground as a treasure. hahaha. but nice topic

[NeuroticFish]

All the BTC are not in 'a wallet'. They are spread out and a lot are not online or with private keys lost forever. So the answer is NO.

If you'd make your own coin clone then you may be able to achieve that (mine it all by yourself), although I am not certain about the amount in the genesis block. And I don't understand the purpose of this. If you own them all, you just render them useless and with no value.

[shorena]

All the BTC are not in 'a wallet'. They are spread out and a lot are not online or with private keys lost forever. So the answer is NO.
-snip-

Whats wrong with you people. The question is "If I have all(!) private keys in my wallet (does not matter where its from), do I controll all bitcoin?" and the answer to that question is yes. Just because you have a number stored on an offline system does not mean I can not have the exact same number stored on my system. The moment I know your secret number (the private key), your coins also belong to me.

Good luck finding a 40564819207303340847894502572032 exabyte disk to store the keys though.

[NeuroticFish]

All the BTC are not in 'a wallet'. They are spread out and a lot are not online or with private keys lost forever. So the answer is NO.
-snip-

Whats wrong with you people. The question is "If I have all(!) private keys in my wallet (does not matter where its from), do I controll all bitcoin?" and the answer to that question is yes. Just because you have a number stored on an offline system does not mean I can not have the exact same number stored on my system. The moment I know your secret number (the private key), your coins also belong to me.

Good luck finding a 40564819207303340847894502572032 exabyte disk to store the keys though.

We both know that "guessing" other's private key is practically impossible. So the only way to get it is by stealing it. And THERE the number of offline wallets counts.

But you're right, I could have said it (much) better. And I also mixed it up with a lot of other stuff...

[Hide_ip112]

It is absolutely true and it can be obtained by using the wallet blockchain. He gives it to all members and it was very helpful to us in order to supply a service in each transaction. An example is the online store, any store online is definitely using it and it was very helpful to give them no to everyone who orders

[thejaytiesto]

It's impossible, everyone will always want to hold some, so you will not own all of them, not to mention that you would need to live up to year 2140 for when all bitcoins are mined, and you would need to somehow find all private keys of coins that are locked forever, and some of them are lost forever (example: hard disk containing bitcoin thrown in the garbage bin for an accident, those hard disks get destroyed in recycle plants so those coins are forever lost)

So to sum it up: nope.

[Senor.Bla]

just in theory and even then it would not make any sens.

[7788bitcoin]

I heard it will need more than all the energy of the Sun to just count from 1 to the last number of bitcoin private key. For the "super" computer to do the "-rescan" command, I think it will need many many more 1000 times of energy to do... it is possible but the possibility is considered 0.

[ObscureBean]

Yea you could but they wouldn't be worth anything if you're the only that has any. For something to have value you need other people to agree that it is valuable, this is especially true in the case of purely digital items. Like if you got a couple of rocks and you think they're valuable, even if no one agrees with you, the rocks still have intrinsic value because you can use them to do stuff. If nobody else has BTC, the coins would be worthless to you as well because you wouldn't be able to use them for anything.

[arseaboy]

Hey Guys,

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

Best regards,

Patrick

mentioning "all" already stating the logic yes you can have it all, because you said it., so how come that you will be wrong from your argument? and you are the luckiest man if you will find it from our time. because you can already enjoy the value of this coin.

[mobnepal]

I would never trust any online wallet and also any bitcoin exchanger out there because they may go to any problem like got hacked, server down, legal issues etc. And if they got any of those problem we can't use our bitcoin and also we may lost all of our bitcoin we have in them. So whatever feature online wallet gives, i will not place all my bitcoin in single wallet or single bitcoin address. For long term holding i prefer paper wallet where as for daily use i use multiple online wallets.

[neochiny]

I just got the following thought.

you didn't explain what your thought exactly is!

If you would find a wallet

what does this mean, you mean searching the internet or other people's computer to find their wallets.
or do you mean finding (creating bitcoin addresses) because a bitcoin wallet is file that is holding the bitcoin addresses + their private keys that your wallet application has created.

that could hold all bitcoin addresses incl. there Private Keys,

you have to create all those addresses + private keys and since there is 2^160 possible bitcoin addresses you will have to continue making addresses until the end of the world.

you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

yes you are wrong.

he explained his thought in a sentence, you just have to understand the whole sentence and don't separate it so
you could understand the whole idea of the sentence.


OP: well if you manage to get the ones that's in a cold storage then it is possible, but if can't then your
theory will just be a theory.

[X-ray]

the answer is yes,you'll own all the bitcoin,but the thing is,you need maybe thousands of year to generate all the private keys,and a huge resources,this one that makes it's impossible

[Superways]

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

All the bitcoin addresses that contain bitcoins (and that have ever contained bitcoins) are listed in the block chain. You just need to get their private keys.

That is right, all of the addresses are listed there he can view any of them he like, but I think he is talking about a wallet which will be connected to almost all of the available bitcoins and he is asking that all of the bitcoins will be at there which transacted with that addresses, which is totaly impossible and bitcoin is not coded like that.

[serjent05]

Hey Guys,

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

Best regards,

Patrick

I don't think we can find a wallet that hold all the bitcoin addresses and their private keys included.  The one that holds the record of all address is the blockchain and you can browse it thru block explorer but the priv. key isnt in there. You can have a wallet  and own the addresses created on that wallet and be secured by priv key you created but you will never own the one created by another person unless he gave the priv. key to you.

[MingLee]

I just got the following thought. If you would find a wallet that could hold all bitcoin addresses incl. there Private Keys, you should have all available Bitcoins in your wallet, or am I wrong? (It's just a theory)

All the bitcoin addresses that contain bitcoins (and that have ever contained bitcoins) are listed in the block chain. You just need to get their private keys.

Which is possible if you use a system of 000000000000, 000000000001, 00000000002 system, but realistically it won't work and the computing power to go through all of the addresses and see if they have anything in them would probably outweigh whatever profit you could make off of a majority of the addresses with anything in them.