Bitcoin wallet from Satoshi Nakamoto era activates after 9 years

[Fundamentals Of]

That was a long period of hibernation. I say welcome back.

No worries at all if an old Bitcoin wallet suddenly wakes up. It is good, rather than having that Bitcoin wallet and the Bitcoin inside it continue to go dormant forever.

Let us not be worried that it will be dumped not only because it is not that big of an amount but because the owner might finally want to use it and he needs to convert it to fiat first. After all there are a lot of other people who wish to have them.

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[pooya87]

I won't waste my time reading the article but "Satoshi era" is 11-12 years ago not 9. In 2012 (9 years ago) there was already a sizable bitcoin market where bitcoin was not only being traded but many were also mining it.

The intention is still not clear and not sure how it will affect the upcoming price!

The intention of every single bitcoin transaction is unclear and you can never find any correlation between moving coins on-chain and moving price on-exchanges.

[leea-1334]

Like pooya says, this is not Satoshi era wallets. A year passed since Satoshi left the forums when this wallet was last active. But still, it just goes to show how long people are willing to hodl and just how many super hodlers there are out there. Proof that people had belief then and still had belief now,,, everything in between is temporary.

[kryptqnick]

A veteran bitcoin wallet with hundreds of BTC is suddenly activated after 9 years. The intention is still not clear and not sure how it will affect the upcoming price!

Source: https://www.msn.com/en-gb/money/technology/bitcoin-wallet-from-the-satoshi-nakamoto-era-suddenly-activates-after-9-years/ar-AAOGFxO?ocid=mailsignout&li=BBoPWjQ

IMO 616 BTC is a huge amount of money, and while I don't think it'll have direct impact on the price (only the indirect one if this news gets big and people start acting on it), it's worthy of a discussion. Namely, I bet these coins were considered lost forever, since they haven't been moved for 9 years. It was a reasonable assumption, but we can see now that people can just be extra patient about their coins and perform zero activity in a long time. I wonder how much BTC also belongs to people like this and isn't actually lost forever even though it's not circulating.

[arabspaceship123]

The title's misleading it's written to make us think Satoshi's back. How many clicked here because we thought a Satoshi owned wallet was active now we're disappointed?

26M $ is not a significant amount of bitcoin to drop the btc price. Some big companies/countries bought hundreds of btc in one day without dropping the price. I think it's a personal transfer and has nothing related to Satoshi or his era according to the transaction history of that old address. The topic title is misleading.

Facts. But really, a lot of people are dumb— those people who will immediately dump when a bad news comes. All they know is that "an old wallet that might be Satoshi" is dumping bitcoin; ignoring the fact that the amount is freakishly low to actually move the markets.

[Oilacris]

God damn why couldn't I have been around during those days or even have just heard about bitcoin a year or two earlier.  You always have to wonder though when things like this happen what is exactly going on and who is behind it.  More than likely it is someone's wallet who is already extremely wealthy and didn't care to do anything with the coins or it is someone who lost the coins and just found them...either way, luck mofo's.

We do always have those kind of regrets on where we do think that where we are on that particular time when bitcoin is just starting off.Im not really that surprised whenever old wallets do really make out some movement

because we know that there are really some hodlers who had strongly and waited up patiently for this market to increase or just simply they had remembered that they had something on their stash which did really

changed up their lives basing up on the amount that they had earned after a very long time.

[CaVO32]

God damn why couldn't I have been around during those days or even have just heard about bitcoin a year or two earlier.  You always have to wonder though when things like this happen what is exactly going on and who is behind it.  More than likely it is someone's wallet who is already extremely wealthy and didn't care to do anything with the coins or it is someone who lost the coins and just found them...either way, luck mofo's.

We do always have those kind of regrets on where we do think that where we are on that particular time when bitcoin is just starting off.Im not really that surprised whenever old wallets do really make out some movement

because we know that there are really some hodlers who had strongly and waited up patiently for this market to increase or just simply they had remembered that they had something on their stash which did really

changed up their lives basing up on the amount that they had earned after a very long time.

To avoid further regrets in the future, why not act today and start thinking how to get a hold some of these satoshis or promising coins/tokens? We can't do anything about the past but we can still do much today to influence our future. We need to stop looking back and tell ourselves about what we should have done but look in your future and start strategizing how to take advantage of the current market.

[jakdanyel]

Now this is really interesting. 9 years and still HODLing, wow.    I don't think that there are so many people like this. This is an example of an incredible patience level. To be honest, I would already sell my all coins after seeing the price reaching a level over $60k. Because I would be already a very rich person. Why would I still keep my coins?

[mk4]

The title's misleading it's written to make us think Satoshi's back. How many clicked here because we thought a Satoshi owned wallet was active now we're disappointed?

Not really. The headline was just intentionally made interesting to gain more readers, but it's technically correct. It's only misleading if you were automatically laser eyed with the "Satoshi Nakamoto" part and not read the whole headline. That, or if you're illiterate with the English language(which is fine).

[DarkDays]

This isn't really that much though. 616 BTC or nearly 30 million is pretty much a drop in the ocean in today's crypto sphere of billions of TVL and trading volumes.

Fair point, while in the shot term the market might be able to react the long-term potential would be diluted.

Also, like the OP suggested this may not be Satoshi's wallet, there is no evidence for this other than a timestamp. Satoshi's real wallet would probably have thousands of BTC not hundreds.

In any case, it would be interesting to track this whale and see how they act and if they intend to manipulate the market in any way.

[oktana]

How did you know that the transaction being made is from Satoshi Nakamoto?

I tried to check the transaction and get the address I couldn't find it here on the forum no one seems to know this address.

So how are you sure that it was Satoshi who made the transaction?

I don't blame them because they believe that any wallet that holds a huge amount of Bitcoin belongs to Satoshi. However, it is completely wrong to believe something just because you were told. The OP must have read that it belongs to Satoshi and has already believed, hence even naming the topic based on his believe. Anyways, my only concern is that depending on how much the wallet holds and how far this news spreads, this can cause FUD and we'll even go deeper than we already are.

[isabellel2]

This has a lot of questions about what is the Satoshi Nakamoto Bitcoin Wallet activated after 9 years. Many say that Satoshi Nakamoto is no longer alive, but who or what activated his account. How to activate his account Will not have a bad impact on the bitcoin market?. We can all never speculate on the identity of the trader and I don't think it was Satoshi Nakamoto's wallet that was activated after 9 years.

[Easteregg69]

One for owl time.

"Gowib gowid". Know it by the "noise" it makes when and if it wanna be noticed.

Satoshis old wallet on bass. You better make up for it. "Jazz fusion things".

[Easteregg69]

This has a lot of questions about what is the Satoshi Nakamoto Bitcoin Wallet activated after 9 years. Many say that Satoshi Nakamoto is no longer alive, but who or what activated his account. How to activate his account Will not have a bad impact on the bitcoin market?. We can all never speculate on the identity of the trader and I don't think it was Satoshi Nakamoto's wallet that was activated after 9 years.

XRP has lowered the fee on making a new wallet.

Edit. Half price. Done.

British accent. "Fucked". "Pub artist".

[Easteregg69]

 

You show you relate to time.

[Bazley]

The participants who get up early are people who like innovation and challenges. I think such people will succeed. Finding this wallet may just be icing on the cake for his life. Best wishes to him.

[arabspaceship123]

It's intentionally misleading and that's why it's worked because people showed interest  

The title's misleading it's written to make us think Satoshi's back. How many clicked here because we thought a Satoshi owned wallet was active now we're disappointed?

Not really. The headline was just intentionally made interesting to gain more readers, but it's technically correct. It's only misleading if you were automatically laser eyed with the "Satoshi Nakamoto" part and not read the whole headline. That, or if you're illiterate with the English language(which is fine).

[dansus021]

take a profit a little bit  but after i checked it just moved to other new address with same format i dont know why some old user usually move from old format to SeGwit but this is different

and new address seems not moving maybe just move the balance for better security

or someone find a private key of thoose bitcoin and gonna hodl till bitcoin reach 100K 

[bixiiMaphi321]

What is one of the main reasons why Satoshi Nakamoto Bitcoin Wallet is activated after 9 years. To this day, the true identity of Satoshi Nakamoto remains a mystery. I mean this could be a coincidence that someone happened to find his long lost wallet in an old hard drive he forgot, or it could also be related to satoshi himself and this is some money he has hidden, and now is the time for him to use it, but we can't really say for sure and to what amount this is related to an individual. core. So does it mean that bitcoin is safe from volatility and correction in the market since it hasn't been activated yet?

[osasshem]

This will definitely affect the price of Bitcoin in the upcoming market, which could either be an uptrend or a down trend effect.
If this is true according to the link from the website, that Satoshi is the owner of the Bitcoins, then, I am rest assured that he will want to make a judicious use of that strent at hand, which he has kept that way over the years not to suddenly manipulate the price by making it a bubble, nor to kill the price, making it worthless. For him to create such technology, and entrusted it into someone's hands and stayed in the shadow over the years without trace, he deserves respect. Something new is yet to happen. Fingers crossed, eyes watching.