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niothor
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March 07, 2014, 07:05:55 AM |
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Hai Bitcoin..
Please move your ass up towards the $700,- mark.
Sincerely.
Was that a typo or it's in your native language?  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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podyx
Legendary
 Offline
Activity: 2338
Merit: 1035
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March 07, 2014, 07:16:08 AM |
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I think if we can conclude that if this satoshi really isn't satoshi(which seems to be the case) that the real satoshi will never be found
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ChrisML
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March 07, 2014, 07:16:36 AM |
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Hai Bitcoin..
Please move your ass up towards the $700,- mark.
Sincerely.
Was that a typo or it's in your native language?  |
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ChrisML
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March 07, 2014, 07:23:25 AM |
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Sorry about that. Just moving them over to another PC. |
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bassclef
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March 07, 2014, 07:24:54 AM |
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No, it's linked to Gox's wallet according to Reddit.
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niothor
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March 07, 2014, 07:30:43 AM |
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Satoshi's coins are all untouched 50 bitcoin block rewards. Is that what has been moved in this link? I haven't bothered to click the link. Nope , those coins are still untouched. Probably gox coins. 2011 coins  . Some old stuff. |
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Nicholas-Carraway
Member
Offline
Activity: 150
Merit: 10
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March 07, 2014, 07:31:52 AM |
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Just sent PM to you.. ...
[/quote]
Likewise
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niothor
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March 07, 2014, 07:38:03 AM |
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niothor
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March 07, 2014, 07:43:03 AM |
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"I never communicated with bitcoins"  ? at 1.00? |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10210
Self-Custody is a right. Say no to"Non-custodial"
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March 07, 2014, 08:02:13 AM |
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Satoshi's coins are all untouched 50 bitcoin block rewards. Is that what has been moved in this link? I haven't bothered to click the link. Nope , those coins are still untouched. Probably gox coins. 2011 coins . Some old stuff. I read through the Reddit thread, and the movement of the 180K BTC seems to be ongoing, and guys posting in that thread are following the movement(s) of the BTC and trying to figure out the significance, exactly of what is going on and whose coins they are and what is happening with them. I don't understand the meaning of 143 million days destroyed... ...? What could that mean...? I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance? |
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raid_n
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March 07, 2014, 08:06:28 AM |
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I don't understand the meaning of 143 million days destroyed... ...? What could that mean...? I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?
Coinage is a way of separating cold wallets and coins that are not in circulation from those that are regularly spent. Basically any coin that is not involved in a transaction starts to accumulate coin age. It is a way of measuring if "old" money is being re-activated The amount of coin age "destroyed" tells you basically how many coins that have been sitting in addresses for a long time have been re-activated and used in transactions |
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niothor
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March 07, 2014, 08:07:32 AM |
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Satoshi's coins are all untouched 50 bitcoin block rewards. Is that what has been moved in this link? I haven't bothered to click the link. Nope , those coins are still untouched. Probably gox coins. 2011 coins . Some old stuff. I read through the Reddit thread, and the movement of the 180K BTC seems to be ongoing, and guys posting in that thread are following the movement(s) of the BTC and trying to figure out the significance, exactly of what is going on and whose coins they are and what is happening with them. I don't understand the meaning of 143 million days destroyed... ...? What could that mean...? I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance? multiply the 180k with the time they were last spent (in days) and you'll get those millions. |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 07, 2014, 08:09:53 AM |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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March 07, 2014, 08:20:25 AM |
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So MK could probably pay back at least 30% of everyone's goxxed coins. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10210
Self-Custody is a right. Say no to"Non-custodial"
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March 07, 2014, 08:33:45 AM |
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I don't understand the meaning of 143 million days destroyed... ...? What could that mean...? I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?
Coinage is a way of separating cold wallets and coins that are not in circulation from those that are regularly spent. Basically any coin that is not involved in a transaction starts to accumulate coin age. It is a way of measuring if "old" money is being re-activated The amount of coin age "destroyed" tells you basically how many coins that have been sitting in addresses for a long time have been re-activated and used in transactions Thank you. I believe that I understand now... Nothing of value is really being "destroyed," but instead we have a measurement of the reactivation of a bunch of fairly dormant coins to create that many days of coinage destroyed in one pop. On reddit they had calculated it to be an average of 800 days per coin, which makes them on average late 2011 or early 2012 since they had been last activated. There are quite a few bad news scenarios, but definitely a good news scenario would be if they were gox coins and showing that gox still had access to some capital. If these coins are NOT connected to gox, then there could be a number of scenarios. |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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March 07, 2014, 08:39:32 AM
Last edit: March 07, 2014, 08:58:22 AM by hdbuck |
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So MK could probably pay back at least 30% of everyone's goxxed coins.  |
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jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
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March 07, 2014, 08:41:41 AM |
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I don't understand the meaning of 143 million days destroyed... ...? What could that mean...? I mean 500 thousand years destroyed... but none of us are going to live that long.. and so what's the significance?
the way you have been throwing your weight around in here lately I expected better |
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