d_eddie
Legendary
Offline
Activity: 2604
Merit: 3401
|
Fud is being spread old bunch of coins got moving? Satoshi didn't.
#haiku
|
|
|
|
serveria.com
Legendary
Offline
Activity: 2352
Merit: 1189
Privacy Servers. Since 2009.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2020, 09:17:55 PM |
|
Very good stuff after halving bubble ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Halving what? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
DaRude
Legendary
Offline
Activity: 2879
Merit: 1859
In order to dump coins one must have coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2020, 10:02:04 PM |
|
I thought I'd write about the last four years, an eventful time for Bitcoin and me. ... And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.
That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy. [edited slightly]
Don't see why Hal's kids would have to jump through any kind of hoops to spend their dad's well earned inheritance. RIP Hal Seeing as they were tech savvy would they really be moving around coins from that far back? Certainly dad had some coins he mined closer to the time that BCT post was written? Ones much harder to identify. Ones that would make MUCH less of a splash when moved? If they wanted to take 100k out of their hoard would they not have tried to less conspicuous? Would *my* opsec be better than Hal Finny's kids? I am not saying the'd jump through hoops... I'm saying the'd have inherited some of dads smarts as well... It's officially known that Hal mined coins from back then, and he officially stated that he left it as inheritance to his kids. If the kid wants to buy a new car, why should s/he prioritize later coins over earlier? And even if they'd use the later coins first, you'd be asking the same question in 10yrs when they'd get to Hal's earlier coins.
|
|
|
|
DaRude
Legendary
Offline
Activity: 2879
Merit: 1859
In order to dump coins one must have coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2020, 10:06:51 PM |
|
This is, in my opinion, one of the more likely reasons these coins would have moved. The person making these waves and taking this opsec risk HAS to have a good reason to do it. And if that *is* the reason, then i for one applaud them. Unlikely, if it was a jab at Faketoshi a much better solution would be to just sign "Faketoshi going bankrupt in 3..2.." message (which i still hope they'd do)
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
Times Square says FREE ROSS! #FreeRoss2020 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjQAsIsv.jpg&t=665&c=Gb8jO6u5Jr1e_g)
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3654
Merit: 10128
#1 VIP Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 20, 2020, 11:22:13 PM |
|
*NOCOINER* 😭 / /. .\ \ 👇( . )👇 l 🍤 l 👢 👢
*WO HODLER* ⠀ ⠀⠀ 🐵 _ノ ヽ ノ\_ / `/ ⌒Y⌒ Y ヽ ( (三ヽ人 / | | ノ⌒\  ̄ ̄ヽ ノ ヽ___>、__/ |( 王 ノ〈 / ╰🍆╯ \
|
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 02:21:12 AM |
|
This is possible. But it seems unlikely to me. Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend.
I'm sitting here scratching my head trying to figure out what specific knowledge from the cryptographer's domain could bring to this decision. \ OK.. it's a bad use of language. The person would not be a cryptographer. The person would be someone who has a good knowledge of bitcoin and the opsec around moving coins from that low a block. And if it was Hal's coins it would imply a lot more than early coins. The blockchain analysis people started hyperventalating when this move happened. So, probably do crooks. As eventually do tax collectors. So replace "cryptographer" with "advisor", or "sage" or "wizard" if you like. The person moving those coins does so at the cost of great privacy loss. My point is almost no one sitting on the keys to a block that low are going to move coins without regards to the implications.
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 02:24:52 AM |
|
I thought I'd write about the last four years, an eventful time for Bitcoin and me. ... And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.
That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy. [edited slightly]
Don't see why Hal's kids would have to jump through any kind of hoops to spend their dad's well earned inheritance. RIP Hal Seeing as they were tech savvy would they really be moving around coins from that far back? Certainly dad had some coins he mined closer to the time that BCT post was written? Ones much harder to identify. Ones that would make MUCH less of a splash when moved? If they wanted to take 100k out of their hoard would they not have tried to less conspicuous? Would *my* opsec be better than Hal Finny's kids? I am not saying the'd jump through hoops... I'm saying the'd have inherited some of dads smarts as well... It's officially known that Hal mined coins from back then, and he officially stated that he left it as inheritance to his kids. If the kid wants to buy a new car, why should s/he prioritize later coins over earlier? And even if they'd use the later coins first, you'd be asking the same question in 10yrs when they'd get to Hal's earlier coins. Opsec, imho. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FSdYEjXZ.png&t=665&c=FEi7gncxQ0jwtg)
|
|
|
|
infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 02:43:56 AM Merited by JayJuanGee (1) |
|
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 03:04:52 AM |
|
Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.
One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 03:21:40 AM |
|
Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.
One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.
I dunno. There is not this much volume here. It was just a handful of nervous nellies. I get the knee jerk though I think it is silly. Just one coinbase from a block with 4 digits. Let us see 4 or 5 more? Uh oh. It gives me *some* solace that it is still not easy to know exactly who that was. But I hate the damn data miners getting ANY info about a block that low.
|
|
|
|
bitebits
Legendary
Offline
Activity: 2237
Merit: 3459
Flippin' burgers since 1163.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 03:49:39 AM Last edit: May 21, 2020, 04:38:21 AM by bitebits |
|
Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.
One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.
It just shows how small Bitcoin (still) is. You feel every wave on a life raft, not on an oil tanker. There are many and bigger waves to come (MtGox coins, government involvement, the occasional sprinkle of China FUD, etc). Slowly however Bitcoin grows and the impact of external events diminishes, which is already noticeable today compared to two halvings ago. Edit: https://twitter.com/coinmetrics/status/1263150657848172551![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F8KDKNiL.png&t=665&c=3mTmSs9O0TGuWQ)
|
|
|
|
DaRude
Legendary
Offline
Activity: 2879
Merit: 1859
In order to dump coins one must have coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 04:02:08 AM |
|
This is possible. But it seems unlikely to me. Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend.
I'm sitting here scratching my head trying to figure out what specific knowledge from the cryptographer's domain could bring to this decision. \ OK.. it's a bad use of language. The person would not be a cryptographer. The person would be someone who has a good knowledge of bitcoin and the opsec around moving coins from that low a block. And if it was Hal's coins it would imply a lot more than early coins. The blockchain analysis people started hyperventalating when this move happened. So, probably do crooks. As eventually do tax collectors. So replace "cryptographer" with "advisor", or "sage" or "wizard" if you like. The person moving those coins does so at the cost of great privacy loss. My point is almost no one sitting on the keys to a block that low are going to move coins without regards to the implications. Literally a message before yours shows that another block mined even earlier that day in February 2009 was spent in 2017 and no one gave a shit. Don't see how moving coins from one address to another address comes with a great cost of privacy? If person decided to sell it on exchange it's just a matter of time. Hal's and other coins will soon be moved/sold people need to get over it.
|
|
|
|
Devawnm367
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1036
Merit: 144
Penguin Party 🐟
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 04:34:01 AM |
|
This is possible. But it seems unlikely to me. Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend.
I'm sitting here scratching my head trying to figure out what specific knowledge from the cryptographer's domain could bring to this decision. \ OK.. it's a bad use of language. The person would not be a cryptographer. The person would be someone who has a good knowledge of bitcoin and the opsec around moving coins from that low a block. And if it was Hal's coins it would imply a lot more than early coins. The blockchain analysis people started hyperventalating when this move happened. So, probably do crooks. As eventually do tax collectors. So replace "cryptographer" with "advisor", or "sage" or "wizard" if you like. The person moving those coins does so at the cost of great privacy loss. My point is almost no one sitting on the keys to a block that low are going to move coins without regards to the implications. Literally a message before yours shows that another block mined even earlier that day in February 2009 was spent in 2017 and no one gave a shit. Don't see how moving coins from one address to another address comes with a great cost of privacy? If person decided to sell it on exchange it's just a matter of time. Hal's and other coins will soon be moved/sold people need to get over it. Yeah I am broke so either way it does not effect me! I just want to find a way to prove Craig Wright is not Satoshi! I wish someone would would sign a message and be like "Craig Wright is not Satoshi, Theymos is"! How many people were mining BTC 25 days into the release? Did Satoshi premine any? Or was it instantly made public like boom Genesis block 1 is generated! Then some random guy in Russia mined block 2? I did read satoshi maintained around 5.5 mh/s when he was mining. Can we see the hashrate from block 2-4000? Also can we leave Satoshi alone? That is all he wants?
|
|
|
|
Cryptotourist
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 05:15:14 AM |
|
Probably because you are too busy focusing on personalities rather than actual issues and substance, but whatever at least you can admit (somewhat) that you might have been wrong in your prior assessment of impact.
Don't you think, it's better to focus on real people and the impact on their lives, instead of the bullshit you get on TV? Issue or substance? Meh. I doubt that there is anyone here who would have imagined that the financial impact of this whole virus situation would have been so great or that there would have been so much chaos in the world in regards to how to deal with it. The chaos seems far from over, even with the opening up of various places in which the outbreak seems far from under control or even the ongoing lack of information and tests is likely NOT going to end well, but sure, maybe we will get lucky, and the opening up will work out fine..
The thing is, people rather take the whole hit now, than contribute to the chaos. I am really doubtful, not only that the opening up will not work out well, it will disproportionately impact the poor and disenfranchised, but even rich people are going to get fucked by lacking in their providing of various support systems and focus in the reopening efforts.
Poor people are really fucked. Really rich people are not, they can always borrow more. The people in between, it remains to be seen, and the key-point is debt of course. Good thing that a lot of us have bitcoin, but we are also going to get fucked from this whole thing because we are going to have so many more limitations to how we can spend our wealth... in the hookers, lambo and blow territory but also other quality of life considerations in terms of steaks, travel, health and fitness options, social mingling, other supply chain issues and venue options.
BTC is my cushion right now. I can't foresee any problems in spending it. So maybe even there was some truth in the proclamations of mindrust when he asserted that he felt better to shave off a lot of his bitcoin options because even being rich is not going to be that great in these kinds of times of fewer options... .... and even though there is some truth in that comment, having bitcoin and richness in those kinds of alternative asset holding ways is likely to provide way more options than either having money in fiat or other potentially depreciating or expensive to maintain ways.
mindrust does not set the example, period.
|
|
|
|
soxxx
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 256
Merit: 62
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 05:19:04 AM |
|
Satoshis Bitcoin have no chance of being moved until Hal Finney cryogenic preserved body is revived in 100+ years from now. If Hal was Satoshi, they will do everything in their power to bring him back to life when Bitcoin is the global reserve currency.
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3836
Merit: 10792
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 05:26:57 AM |
|
This is possible. But it seems unlikely to me. Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend.
I'm sitting here scratching my head trying to figure out what specific knowledge from the cryptographer's domain could bring to this decision. \ OK.. it's a bad use of language. The person would not be a cryptographer. The person would be someone who has a good knowledge of bitcoin and the opsec around moving coins from that low a block. And if it was Hal's coins it would imply a lot more than early coins. The blockchain analysis people started hyperventalating when this move happened. So, probably do crooks. As eventually do tax collectors. So replace "cryptographer" with "advisor", or "sage" or "wizard" if you like. The person moving those coins does so at the cost of great privacy loss. My point is almost no one sitting on the keys to a block that low are going to move coins without regards to the implications. Literally a message before yours shows that another block mined even earlier that day in February 2009 was spent in 2017 and no one gave a shit. Don't see how moving coins from one address to another address comes with a great cost of privacy? If person decided to sell it on exchange it's just a matter of time. Hal's and other coins will soon be moved/sold people need to get over it. Yeah I am broke so either way it does not effect me! I just want to find a way to prove Craig Wright is not Satoshi! I wish someone would would sign a message and be like "Craig Wright is not Satoshi, Theymos is"! How many people were mining BTC 25 days into the release? Did Satoshi premine any? Or was it instantly made public like boom Genesis block 1 is generated! Then some random guy in Russia mined block 2? I did read satoshi maintained around 5.5 mh/s when he was mining. Can we see the hashrate from block 2-4000? Also can we leave Satoshi alone? That is all he wants? Regarding craig wright being satoshi, we do not need to entertain such dumb ideas... there's no proof beyond his mere assertions. regarding how many miners would have been mining bitcoin 5 weeks after the first block is also questionable or at least unclear. Mining was available to anyone, and there were mailing lists in which such information about bitcoin and mining was shared, so yeah there could have been some very early blocks that were mined by random people, including some russian, but I am not sure how many or who was known to be mining bitcoin in those first 5 weeks beyond satoshi and hal finney. It would be nice to put out a list of possible names for mining in that first 5 week period, but I doubt that even such a list of possible known people would even capture all of the possible persons who might have ended up mining that particular block.. and maybe even somewhat randomly, as you suggested. By the way, we could probably reasonably eliminate craig from having had mined any coins prior to about 2013 or 2014.... Maybe be even 2015.. that narcissistic pathologically lying retard.
|
|
|
|
DaRude
Legendary
Offline
Activity: 2879
Merit: 1859
In order to dump coins one must have coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 05:31:24 AM |
|
Satoshis Bitcoin have no chance of being moved until Hal Finney cryogenic preserved body is revived in 100+ years from now. If Hal was Satoshi, they will do everything in their power to bring him back to life when Bitcoin is the global reserve currency.
That would be awesome. It's year 2100, countries around the world were competing for the last 50yrs to be the first one to revive Hal. One finally succeeds. Hal- oh thanks for bringing me back guys but i was only trolling to have eternal life, i have no clue who Satoshi really is. Oh flying cars finally...
|
|
|
|
soxxx
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 256
Merit: 62
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 21, 2020, 05:35:13 AM |
|
Satoshis Bitcoin have no chance of being moved until Hal Finney cryogenic preserved body is revived in 100+ years from now. If Hal was Satoshi, they will do everything in their power to bring him back to life when Bitcoin is the global reserve currency.
That would be awesome. It's year 2100, countries around the world were competing for the last 50yrs to be the first one to revive Hal. One finally succeeds. Hal- oh thanks for bringing me back guys but i was only trolling to have eternal life, i have no clue who Satoshi really is. Oh flying cars finally... In reality, if Bitcoin does take over, Hal Finneys body will be worth more than ANYTHING....just on the mere speculation that he remembers or knows the method of retrieving the private keys. Hal will be back one day......
|
|
|
|
|