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Author Topic: Coinbase from February 2009 has just been moved!  (Read 683 times)
fillippone (OP)
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May 20, 2020, 03:08:18 PM
Last edit: May 16, 2023, 01:58:01 AM by fillippone
Merited by suchmoon (7), vapourminer (1), bitbollo (1), rolling (1)
 #1

Is this something?
Someone moved a coinbase from block 3,654  dating back to February 2009!

https://blockchair.com/bitcoin/address/17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh





These coins were created in 2009, only a month after bitcoin was created!

That block is an empty one, only the coinbase transaction is present.


According to http://satoshiblocks.info/ this blocks is not from Satoshi original stash!








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.HUGE.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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May 20, 2020, 03:40:41 PM
Last edit: May 20, 2020, 03:56:29 PM by vapourminer
 #2

didnt some very early bitcoin versions have a pay to ip addy or some much easier to hack format..

maybe this is one of them?

EDIT: wait this is the coinbase, not a tx. never mind.

EDIT 2: and to a segwit addy? or is it multisig? anyone know?
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May 20, 2020, 04:04:54 PM
 #3

This is super interesting.

Whom is a great question.  But so is: Why?

I mean... the implications of this move are powerful.  The person doing it obviously has a lot more bitcoin than the coinbase of this block.  And if they wanted to fire 40BTC off somewhere for any "normal" reason they would not be picking *this* block.

Who is it? Smiley

And what on Earth are they doing this for?

I have a feeling this move is the prelude for something interesting... but then again it could just be someone moving coins around... because...  umm....   umm....
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May 20, 2020, 04:25:19 PM
 #4

This is super interesting.

Whom is a great question.  But so is: Why?

Very intriguing for us, but why??
I mean... the implications of this move are powerful.  The person doing it obviously has a lot more bitcoin than the coinbase of this block.  And if they wanted to fire 40BTC off somewhere for any "normal" reason they would not be picking *this* block.

Who is it? Smiley

And what on Earth are they doing this for?
If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?

Do they wanted to move under our radar? or they did it deliberately, that's why they make a noticeable move?

I have a feeling this move is the prelude for something interesting... but then again it could just be someone moving coins around... because...  umm....   umm....
Could be true, but the dates don't lie. Is this related to a total of 17,000 BTC transfers last night??

Are we on verge of a bitcoin pump? INTERESTING!

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May 20, 2020, 04:47:05 PM
 #5

I'm just curious why the hell they need to move BTC mined on just after one month of BTC created while they could do it back in 2017 ATH. Can it be someone just got to recover their wallet? Interesting!

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May 20, 2020, 04:59:13 PM
 #6

It's interesting, but not quite a significant event, there could be many versions of the story that would lead to someone having to move bitcoins mined in 2009 and it would be be almost impossible for us to predict right. Although, it shows how far Bitcoin have come in just a number of years. At the first year of it's creation miners may have generated blocks for fun, with a free actually believing in the concept of the network. And 50BTC then meant nothing, but not satoshis are worth significant amounts.

If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?
It raises suspicion but it doesn't really tell anything to conclude that.

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May 20, 2020, 05:23:44 PM
 #7

It's interesting, but not quite a significant event, there could be many versions of the story that would lead to someone having to move bitcoins mined in 2009 and it would be be almost impossible for us to predict right. Although, it shows how far Bitcoin have come in just a number of years. At the first year of it's creation miners may have generated blocks for fun, with a free actually believing in the concept of the network. And 50BTC then meant nothing, but not satoshis are worth significant amounts.

If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?
It raises suspicion but it doesn't really tell anything to conclude that.

These coins are not within the same year of BTC's creation... more importantly, they are within about 5 weeks of the first block ever being mined... so there would not have been too many miners within that short of a period of time.  Of course, we might not even be able to determine how many miners there would have been within 5 weeks of the first block besides satoshi and Hal finney.. Anyone else claim to be mining at that time or known to have been mining so soon after bitcoin's first block?

Clearly interesting.

Let's say for example it was a block mined by Hal Finney.  Then that block could be in control of Hal's estate or one of his heirs.  Of course, there are other plausible scenarios in which someone would still have access to earlier blocks and may even want to move those coins... I am looking forward to hearing more about this, if there happens to be any more information that can be sussed out from whatever happens to be currently known or even reasonably inferred from that particular transaction including its source and including speculation regarding how many miners might have been operating at that particular time and would have been in the running to have mined that particular block.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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May 20, 2020, 05:44:59 PM
 #8

It's interesting, but not quite a significant event, there could be many versions of the story that would lead to someone having to move bitcoins mined in 2009 and it would be be almost impossible for us to predict right. Although, it shows how far Bitcoin have come in just a number of years. At the first year of it's creation miners may have generated blocks for fun, with a free actually believing in the concept of the network. And 50BTC then meant nothing, but not satoshis are worth significant amounts.

If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?
It raises suspicion but it doesn't really tell anything to conclude that.
It does not tell anything? Probably but if you think of it in more practical way, how many people just after a months of bitcoin was created would be interested to it? I doubt it would be just a random guy on the internet  Undecided My suspicion is also this is one of the inherited btc of Hal's, @JayJuanGee might be right, it might be one of his heirs. Gonna get an update to this.

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May 20, 2020, 06:10:27 PM
 #9

It's interesting, but not quite a significant event, there could be many versions of the story that would lead to someone having to move bitcoins mined in 2009 and it would be be almost impossible for us to predict right. Although, it shows how far Bitcoin have come in just a number of years. At the first year of it's creation miners may have generated blocks for fun, with a free actually believing in the concept of the network. And 50BTC then meant nothing, but not satoshis are worth significant amounts.

If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?
It raises suspicion but it doesn't really tell anything to conclude that.
It does not tell anything? Probably but if you think of it in more practical way, how many people just after a months of bitcoin was created would be interested to it? I doubt it would be just a random guy on the internet  Undecided My suspicion is also this is one of the inherited btc of Hal's, @JayJuanGee might be right, it might be one of his heirs. Gonna get an update to this.

That is the most likely UNLIKELY scenario.

In other words so far I see a lot of people trying to explain this as a bit of a lark... or someone who does not know what they are doing really.  Someone who found a lost key, or in this case a Finny heir.

Possible.  But highly unlikely.

Since this is one of the very earliest miners of bitcoin (100% chance).  Starting from that supposition the following can be derived:

- This is POSSIBLY Satoshi (them)himself.  Could be something he mined on something other than his main rig.  I do not know how Satoshiblocks works, but it is not ironclad that this would NOT be Satoshi, and in fact if Satoshi was to do something like this I think the chances of him picking a block he mined a "different" way would be highly likely.

- This is not Satoshi, but instead an early miner.  Hal's hoard is likely.  But his heir would almost CERTAINLY be being advised by someone with enough knowledge to suggest the safest path forward to any coin movement.

-  This is ONE block.  So far it bears the likelyhood of being a flag, rather than someone who needs money.  The person moving this is preparing to send some kind of message.  We start to see dozens of other 50BTC moves from back there??  All bets off.

- This is a cryptographer/geek/cypherpunk from the mailing list.  Nearing 100% likelyhood.  The above scenarios are descendants of this idea.  Even HF's heir is a proxy for that.

- It is HIGHLY unlikely that this is a block with keys owned by a person that has no other bitcoin.  Again possible?  Yes.  likely? hell no.

So again.

Why are they doing this.  It has to be meta.  Has to be. (well... you know what I mean)
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May 20, 2020, 06:14:05 PM
 #10

Oh and you want the really goofy tinfoil theory? 

NSA has the encryption backdoored all along.
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May 20, 2020, 06:14:09 PM
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 #11

First of all stop getting your panties in a bunch.

There were tons of people aware of BTC on launch and there was not just a few that mined during this period. all the Cypherpunks newslist knew and I knew from the F@H chatrooms and that alone was a huge community so this could be anyone.

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May 20, 2020, 06:29:06 PM
 #12

It's interesting, but not quite a significant event, there could be many versions of the story that would lead to someone having to move bitcoins mined in 2009 and it would be be almost impossible for us to predict right. Although, it shows how far Bitcoin have come in just a number of years. At the first year of it's creation miners may have generated blocks for fun, with a free actually believing in the concept of the network. And 50BTC then meant nothing, but not satoshis are worth significant amounts.

If these bitcoins were from the same year as bitcoin was created then most probably this is related Satoshi Nakamoto, but why they are moving this now?
It raises suspicion but it doesn't really tell anything to conclude that.
It does not tell anything? Probably but if you think of it in more practical way, how many people just after a months of bitcoin was created would be interested to it? I doubt it would be just a random guy on the internet  Undecided My suspicion is also this is one of the inherited btc of Hal's, @JayJuanGee might be right, it might be one of his heirs. Gonna get an update to this.

That is the most likely UNLIKELY scenario.

In other words so far I see a lot of people trying to explain this as a bit of a lark... or someone who does not know what they are doing really.  Someone who found a lost key, or in this case a Finny heir.

Possible.  But highly unlikely.

Since this is one of the very earliest miners of bitcoin (100% chance).  Starting from that supposition the following can be derived:

- This is POSSIBLY Satoshi (them)himself.  Could be something he mined on something other than his main rig.  I do not know how Satoshiblocks works, but it is not ironclad that this would NOT be Satoshi, and in fact if Satoshi was to do something like this I think the chances of him picking a block he mined a "different" way would be highly likely.

- This is not Satoshi, but instead an early miner.  Hal's hoard is likely.  But his heir would almost CERTAINLY be being advised by someone with enough knowledge to suggest the safest path forward to any coin movement.

-  This is ONE block.  So far it bears the likelyhood of being a flag, rather than someone who needs money.  The person moving this is preparing to send some kind of message.  We start to see dozens of other 50BTC moves from back there??  All bets off.

- This is a cryptographer/geek/cypherpunk from the mailing list.  Nearing 100% likelyhood.  The above scenarios are descendants of this idea.  Even HF's heir is a proxy for that.

- It is HIGHLY unlikely that this is a block with keys owned by a person that has no other bitcoin.  Again possible?  Yes.  likely? hell no.

So again.

Why are they doing this.  It has to be meta.  Has to be. (well... you know what I mean)

Whoaza cAPSLOCK.  Probably you should just CAPSLOCK the whole post.

You are speaking in such absolutes, which makes it a bit more difficult to follow the plausibility of what you are asserting.


First of all stop getting your panties in a bunch.

I like this statement.   Wink

 Cheesy Cheesy Cheesy


There were tons of people aware of BTC on launch and there was not just a few that mined during this period. all the Cypherpunks newslist knew and I knew from the F@H chatrooms and that alone was a huge community so this could be anyone.

This is a bit of an absolute too, Hueristic.

I do understand that there may have been quite a few members on the cypherpunks mailing list, which does open up the possibility that any of them could have ended up sparking up a miner or just tried it out, but still... "could be anyone?"  Seems to assert a bit too much without really any meaningful attempt to hone down the set of possibilities.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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May 20, 2020, 06:36:47 PM
 #13

First of all stop getting your panties in a bunch.

There were tons of people aware of BTC on launch and there was not just a few that mined during this period. all the Cypherpunks newslist knew and I knew from the F@H chatrooms and that alone was a huge community so this could be anyone.

That is basically my point.  But the flipside to my point is, THIS particular "anyone" is most likely AWARE of what they are doing, and what it looks like.  It's not like someone from the mailing list went.. oh shit?  You know I am never tried a segwit address.. let's try that?  Or hey John. I know I owe you 10BTC let me just pay you from one of the first 3500 blocks ever mined.

I totally agree this is not panty wad material.  At least not yet.  And most likley never.

Though I would NOT be surprised if this is a prelude to SOMEONE getting their lunch handed to them.
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May 20, 2020, 06:39:41 PM
 #14

I'm quite certain that it's not only Hal and satoshi knew about bitcoin and how mining works back then. The project was openly announced on different cypherpunks mailing list, and so there's a slim chance that people from there also joined in on the fun. There's really nothing to know beyond the fact that the coins and address are from February 2009, close to the genesis block. It could be Satoshi, or one of Hal's addresses being moved by his kin or some other super early dude. The specifics perhaps we wouldn't know, though this might be a precursor to some more interesting event in 2020--something to put us astray on the woes and problems brought by the pandemic, finally.

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May 20, 2020, 06:45:39 PM
 #15

Since bitcoin is down now because satoshi nakamoto has been found by transferring their 50BTC to another address, is this what makes this a factor?

It seems very interesting this news because the delivery of bitcoin from the address in 2009 and only sent now if they are not aware that bitcoin could redeem the number of $ 20,000.

Like this review will be so interesting.

R


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May 20, 2020, 07:10:30 PM
 #16

No, it wasn't him

https://mobile.twitter.com/CalvinAyre/status/1263167631076364288

Carpe diem  -  understand the White Paper and mine honest.
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May 20, 2020, 07:15:09 PM
Merited by stompix (1)
 #17

So I think we have the definitive answer that those bitcoins are not Satoshi's:

Quote
So a small bit of this transaction went to
@coinbase
 and
@CoinPaymentsNET




Can you imagine Satoshi sending Bitcoin to the most anti-bitcoin entity in the ecosystem?

In addition to that, we notice that the coinbase was split toward two addresses 80%-20%.
The biggest past was sent to a legacy address, while the 20% was sent to a Segwit address (and then some dust from there to Coinbase).
This could mean someone lost the password to an old wallet and the recovery firm took a cut of the 20% (not that uncommon Percentage).

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May 20, 2020, 07:36:09 PM
 #18

here you have more addresses for reflection ..

https://www.blockchain.com/btc/address/1Lgifz1ujJPUabzM7e25D8kKcpNqB9Czmc
https://www.blockchain.com/btc/address/1GeFGgFbrHvvXtX8JnrenEu4hKAL1Qmzsm
https://www.blockchain.com/btc/address/133Z6LkrNyVgQRxpVuTqVkGDrrbvwzfmd7
https://www.blockchain.com/btc/address/16erb3D9TbmnW2U1bFnKSjQuqohXasMARi

I believe that 90% is a hacker (found a loophole)
 
and

10% that this is a piece of paper clogged in the garage where there was a seed
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May 20, 2020, 07:46:34 PM
 #19

Though I would NOT be surprised if this is a prelude to SOMEONE getting their lunch handed to them.

Yeah it would be nice to see this stuck straight up Notoshi's Ass. Cheesy

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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what is this "brake pedal" you speak of?


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May 20, 2020, 08:09:46 PM
Merited by fillippone (1)
 #20

In addition to that, we notice that the coinbase was split toward two addresses 80%-20%.
The biggest past was sent to a legacy address, while the 20% was sent to a Segwit address (and then some dust from there to Coinbase).
This could mean someone lost the password to an old wallet and the recovery firm took a cut of the 20% (not that uncommon Percentage).

this is what makes the most sense to me. which means its wrong of course.

edit: BTW no password built into on core (QT?) wallet back then. but an encrypted hard drive or file maybe, so about the same thing.
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