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Author Topic: 1 million BTC wallet  (Read 638 times)
scottsanderman12 (OP)
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March 20, 2021, 10:12:49 AM
 #1

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
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March 20, 2021, 10:34:44 AM
 #2

Privacy mate, that's also what bitcoin and cryptocurrency gives so many people, it's pointless racking brains about other peoples wealth or who owns a particular bitcoin wallet if the wallet is not in the books for any crime or in association with one. -in between it may be a group owned wallet and not a single person- .

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March 20, 2021, 10:37:23 AM
 #3

I recently learned that there is one wallet in the world with 1 million BTC attached.
That's an assumption, it's not confirmed. (And it'll never be)

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March 20, 2021, 10:54:28 AM
 #4

Privacy mate, that's also what bitcoin and cryptocurrency gives so many people, it's pointless racking brains about other peoples wealth or who owns a particular bitcoin wallet if the wallet is not in the books for any crime or in association with one. -in between it may be a group owned wallet and not a single person- .
People will still pry no matter what privacy measures they take and even the impossibility of knowing will not stop these people because that is just human behavior. There is only one person that is guaranteed to have a 1 million bitcoin which is Satoshi Nakamoto. But if it isn't Satoshi then that is a pretty dumb way to store your bitcoin considering that it will be over in just one attack which isn't likely going to happen but possibilities are still possibilities.
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March 20, 2021, 11:22:19 AM
Merited by vapourminer (1), RickDeckard (1)
 #5

There is no address which holds 1 million bitcoin - there isn't even one that comes close. The largest single address is Binance's cold wallet at around 143k BTC: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html. In terms of a "wallet" holding more than 1 million bitcoin - there is no way to confirm this unless the person who owns those 1 million bitcoin were to sign a message from every address which stores all those bitcoin confirming as such. And even then, all those addresses are unlikely to be part of the same wallet since storing all 1 million of your bitcoin in a single wallet would be a monumentally stupid thing to do.

There is a possibility that Satoshi owns this many coins, although it based on blockchain research and some educated guesses, and is not known for sure.
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March 20, 2021, 08:35:09 PM
 #6

I recently learned that there is one wallet in the world with 1 million BTC attached.
That's an assumption, it's not confirmed. (And it'll never be)

I would say the assumption is wrong... The top reach bitcoin address is public information, and right now the address with more bitcoin is this one: 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo with 143528.45848982 BTC

So, 1 million BTC wallet is what we call 'FakeNews' but what is real is the information about how many Bitcoins Shatoshi Nakamoto Has, and in theory, he has a little more than 1 Million.

Sources:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
https://btc.com/stats/rich-list
https://www.blockchain.com/btc/address/34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo


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March 20, 2021, 08:46:50 PM
 #7

No single wallet holds a million of bitcoins, but a person, held on different multiple wallets, and that's satoshi probably.
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March 20, 2021, 08:58:25 PM
 #8

For a single wallet then it doesnt exist but for multiple ones? Possible that a certain person or single identity might really be owning it and just like what others been saying
which there's no really proof on that and with all of those studies and presumptions then theres no other that would be might close on owning such big number of coins
but the creator itself but again these are again some presumptions.

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March 20, 2021, 09:19:34 PM
 #9

but what is real is the information about how many Bitcoins Shatoshi Nakamoto Has, and in theory, he has a little more than 1 Million.
Can you provide me a proof about that? Let me answer you:  There is no proof that Satoshi Nakamoto has/have any bitcoins.

There are just assumptions.

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March 20, 2021, 10:34:46 PM
 #10

Well, it is equally important to know that there are people with a satoshi and you do not know a priori who it is, in theory they should have the same privacy regardless of the size of their wallet, in the same way according to the owner of the wallet and their care about privacy They can lead you to leave traces but who cares (!?) and why do you want to know(!?), it is actually one of the intrinsic characteristics of bitcoin that you should better take care of.

In conclusion, you misheard or misinterpreted.

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March 20, 2021, 10:50:12 PM
 #11

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?

I see that it got your attention since the total supply of bitcoins is only 10,000,000 so that wallet holds the 10% of the total supply. I think it is better for us to leave the owner of the said wallet because it is nothing to gain even though we find whoever the man is. The best we can do is educate ourselves to such a degree that someday we will hold the same amount of Altcoins that has somehow close to the price of bitcoins today.

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March 20, 2021, 11:00:04 PM
 #12

I've already thought that he might be describing satoshi as one person that has a million bitcoin but not being held in one wallet which was assumed long ago.

But if we're going to put satoshi into an exception, there really are people that have been rich because they hold a lot of bitcoin but not up to that point of owning millions of btcs.

What source you've learned that or probably have concluded?


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March 20, 2021, 11:03:21 PM
Merited by vapourminer (1)
 #13

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
You need to get your facts straight, you are a newbie so we get it but it is important to look for this information by yourself, it is believed by some that satoshi does in fact posses 1 million bitcoins making him by far the biggest holder in the world.

However we know that there is not a single address with that huge amount as he used a new address for each transaction in order to retain some level of pseudonymity, so we have no way to know how many wallets he had and how much bitcoin is on each wallet, as of his identity that has been a mystery since he created bitcoin and most likely it is going to be one of the great mysteries of this century.

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March 20, 2021, 11:40:36 PM
 #14

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
You need to get your facts straight, you are a newbie so we get it but it is important to look for this information by yourself, it is believed by some that satoshi does in fact posses 1 million bitcoins making him by far the biggest holder in the world.
There's no source to this assumption and might this theory is true or just a rumor.  It might be Satoshi holds a Million of Bitcoins but not on a single wallet.

The good thing about Bitcoin is you can hide your wealth without knowing others, who knows if there's a Bitcoin address hold that big amount but I doubt it was a long time ago or the pioneer of Bitcoin.

Forget about it who held a huge amount of Bitcoin in a single wallet, that's none of our business.  It's good if we accumulate our own and aim to store one million Bitcoin in just a single wallet and publicly reveal it.

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March 21, 2021, 03:25:10 AM
 #15

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
From where do you get to know such fake news because there is no such wallet which have 1 million Bitcoin attached with it.Its assumed that only Sathoshi have 1million Bitcoin with him but he would not be holding them in a single walllet for security purposes and to disclose his Indentity which he successfully managed to hide from past 12 years.The only address with highest btc is in Binance Cold wallet with more than 143k Bitcoins with them.

Top 100 Richest Bitcoin address

The FBI seized Bitcoins from Silk road were also auctioned to different bidders around 70,000 Bitcoins so not a single person holds such big amount other than the pseudonym Sathoshi Nakamoto as stated by blockchain explorer.

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March 21, 2021, 03:30:02 AM
 #16

That is only an assumption cause he did not even put any link on his thread for the confirmation. If there would be a person who is holding one million BTC then I don't think that he will only use a one wallet address, for sure he will separate it to a different wallet address because storing such a huge amount of money for only one wallet address is such a very risky thing and no one have good knowledge to earn that huge amount of bitcoin would take a risk for that.

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March 21, 2021, 03:51:27 AM
 #17

Why would you want to know who it might be? If there is really a single person that holds this huge amount of bitcoin then it is normal to not tell it to anyone. If he exposes it to the public, many hackers would attempt to steal his bitcoin in many ways. It could put not just his life in danger but also to those who are related to him. There are many reported cases on other countries that are related to this and they go to the extent that the thieves physically harass the victim just to give his bitcoin and the bitcoin they try to steal is not that big. Imagine if it's 1 million, trusting anyone would be difficult even if it is your relatives.
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March 21, 2021, 05:32:28 AM
 #18

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Maybe Satoshi or other people who we do not know. But I do not care about who is the owner of that wallet and that is not important for me. I only care about making more and more bitcoin, and I am trying to do that for a long time ago in many ways. You do not have to think about who you and the owner should try to earn more bitcoin like other people do because when bitcoin price start to rally to the high price, and you have many bitcoins, that will give you to have a chance to make a big profit.

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March 21, 2021, 05:42:50 AM
 #19

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Its safe to assume that this is just a mere speculation. How could you say you'd learned it as we can checked the blockchain explorer for those top wallets holding tons of bitcoin doesn't have a wallet with million accumulation alone. That's gonna be a huge money and a person holding a million of BTC is gonna be a top position to either dump or pump it on market.

If there is one and that is ko other than Satoshi but he surely dispersed it through different wallet as precautions.

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March 21, 2021, 05:53:20 AM
 #20

I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Its safe to assume that this is just a mere speculation. How could you say you'd learned it as we can checked the blockchain explorer for those top wallets holding tons of bitcoin doesn't have a wallet with million accumulation alone. That's gonna be a huge money and a person holding a million of BTC is gonna be a top position to either dump or pump it on market.

If there is one and that is ko other than Satoshi but he surely dispersed it through different wallet as precautions.
That's because there is a difference between "wallet" and "address" in bitcoin. We have no way of knowing how many wallets they are, how many addresses a certain wallet contains and how much bitcoin that wallet has in total. All we can see from the blockchain are addresses and their history (also their balance).
OP and some others replying are confusing these two concepts. Also there is an old guess that later on turned into FUD that Satoshi holds 1 million bitcoins which is what OP has heard.

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