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August 20, 2024, 02:36:39 PM
 #1

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?


P.S.
I'm not selling anything.
I couldn't find a similar topic in the search, so I created this topic.

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August 20, 2024, 02:41:42 PM
 #2

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
The bitcoin will remain the same. But the price of bitcoin has increased since all these years. So the value of the coin has increased in fiat like dollar.

Worth knowing that the bitcoin on the wallet will have forks like BCH and others which you can also spend. It will also have forks of forks like BSV and others.

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
You will still be able to spend the coin that is in your change addresses and those in your receiving addresses.

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August 20, 2024, 02:54:50 PM
 #3

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?


P.S.
I'm not selling anything.
I couldn't find a similar topic in the search, so I created this topic.


If you had kept 10BTC in a wallet since 2012 and someone purchased 10BTC and transfer to a new wallet he just made today, both Bitcoins are equal in value and the same Bitcoin, no difference. There is no old and new Bitcoin as there will only be 21 million of Bitcoin to be ever created. I understand the situation you are in now as a newbie, most of these concept and the entire thing are just looking so confusing.  Just give it time and commit to reading the pinned post of every board you visit to fully understand Bitcoin and the technology behind it.

R


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August 20, 2024, 02:56:15 PM
 #4

Honestly the value is same because Bitcoin is fungible, but some people treat Bitcoin as a non fungible asset.

People value the coins that spent by Laszlo Hanyecz where he bought 2 Pizza with 10K Bitcoins is higher than other coins, people value the coins from mixer or associated with illegal thing lower than other coins because they think these are "dirty coins".

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August 20, 2024, 03:13:56 PM
 #5

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024? [...]

1. The value of bitcoin in your old wallet.dat will remain the same as the value of bitcoin now, basically the value of bitcoin cannot be degraded, what you had before remains the same as now, that's how it is.

2. There is no bitcoin 2012 or bitcoin 2024, bitcoin is bitcoin that is the main point, the difference is the price of bitcoin 2012 & the price of bitcoin 2024 (view from the FIAT monetary side).

R


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August 20, 2024, 03:28:02 PM
 #6

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
Since it is not tBTC, both old and new Bitcoins are the same and have the same value.
The advantage that an older Bitcoin holder has over new one is that they will receive some free BCH coins in addition to any unclaimed BTC forked coins.

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
There is nothing like it will become BTC in 2024 because it's only the wallet that you use to hold the Btc that's dormant.

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August 20, 2024, 04:33:09 PM
 #7

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
Bitcoin owned since long ago with Bitcoin owned now remains the same, there is no difference as long as you still have access to the wallet.
Old Bitcoin if measured by fiat value will be different from new Bitcoin. 2012, the price of Bitcoin was still tens of dollars per 1 Bitcoin. Regarding historical data can be traced for accuracy. Compared to Bitcoin today which is traded for tens of thousands of dollars.

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
If I am not mistaken in understanding what you mean, it is the same as what I meant above.

 
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August 20, 2024, 04:43:02 PM
 #8

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
Your questions are actually very weird.

1 bitcoin is always 1 bitcoin, no more no less. If you move your 1 bitcoin from your old wallet, assume it created in 2012, to your new wallet created in 2024, you will have less than 1 bitcoin because some satoshis will be spent to miners as transaction fee. Exception only if you luckily get its confirmation for zero fee like some mining pools do with their mined blocks.

But 1 old bitcoin and 1 new bitcoin has same value that only depends on Bitcoin price on the market, and not depend on its age, old or young.

If you want cool things, try this
Check if you have any rare satoshi
https://magiceden.io/ordinals/discover-raresats
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August 20, 2024, 05:22:54 PM
 #9

Bitcoin is intentionally and by design non-fungible. There's no valid point for colored bitcoins or this Ordinal theory nonsense giving every Satoshi some unique numberplate or what else this bullshit is about.

For me 1BTC from whatever year is the same as another 1BTC from any other year. I don't care as long as it's the true and only Bitcoin.

The only reason why I care of the age of coins is for tax reasons. In my country I can take profit from selling coins that I held for more than a year tax free. Good enough reason for me to pay attention to. Otherwise, who cares?

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August 20, 2024, 05:55:57 PM
 #10

Is there any value in "old bitcoins" compared to new ones?
No difference at all, as it should be.
Old keys could have possibility of forked coins that could be sold to provide more bitcoin after sellings.

I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
What kind a weird question is this?  Roll Eyes
You send all your coins to a new address so there won't be any change, but bitcoin remains bitcoin no matter what kind of transactions you are doing.

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August 20, 2024, 09:14:41 PM
 #11

Bitcoin is Bitcoin and there is nothing like an update or year number in Bitcoin, the Blockchain only has once the transaction is send to the network, so regardless of what year you held Bitcoin, it doesn't have record in network.


On like fiat currencies like the US dollar which year have a significant effect on the value on the currency in other countries like mine.

 
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August 21, 2024, 12:41:02 AM
 #12

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?


P.S.
I'm not selling anything.
I couldn't find a similar topic in the search, so I created this topic.


I get  what you're thinking OP....
This how it is, Bitcoin Is just like a digital currency that , just like your normal currency it's value could decrease or increase but in the case of Bitcoin from its existence, the value has been increasing massively.
Thus, miners mines bitcoin evry time they solve hash of a  particular block to add them to the blockchain(requires a lot of computational power to do this) which earns them rewards,these rewards are in BTC and   with this new BTC enters into circulation... Note:there is  a fixed amount of bitcoin that can be mined entirely.
However this new coins entering into circulation  has no stamps or tag to identify the, besides its a digital world  so either you are having bitcoin right from the onset or you're just getting it you have same( bitcoin ) but the price you will be  getting a certain quantity  of BTC now will be somehow high compared to someone who got his/her  own years back.

About the sending, I think it has been addressed... it's simple there's no stamp on it  you are only dealing with figures in BTC (micro unit sats).



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August 21, 2024, 04:47:17 PM
 #13

bitcoin is still bitcoin, even if it's from 2009 if you keep holding it until 2024 then its value will follow the current bitcoin price, no more and no less.

no need to confuse yourself with the value of bitcoin, because its value will follow the market. no matter how long you hold it, its value will follow the market, for example in 2024 you buy bitcoin worth 100 usd, but in 2025 its value could be 80 usd, even when you hold it for a year, because it is possible that during that year the price of bitcoin has decreased and that has a direct impact on the value of your assets.

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August 21, 2024, 08:35:54 PM
 #14

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
1BTC = 1BTC
What happens is that in 2012, you could easily see upto 20BTC in someone's custody which is very rare now. You can be seeing bitcoin in decimals now such as 0.04BTC.

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
BTC will ever remain BTC, whether it is sent BTC or it returned as change and in whichever wallet. Remember bitcoin has a fix supply of 21 million. Fake bitcoin doesn't exist unless you are talking about hard forks of Bitcoin.

 
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August 21, 2024, 08:47:07 PM
 #15

I think that I've probably read somewhere that there is this kind of NFT calculator or evaluator thingy that it's more valuable to have old Bitcoins and it's getting more value but that's another kind of value on top of the actual rate of Bitcoin. But as everyone is pointing out, there's no sense in it. Bitcoin is Bitcoin, old and new are having the same value and if what I've said is what made you think that there's a better value for the older type of Bitcoins, it's just another form of an NFT. I can't just remember where I have read that kind of thing.

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August 22, 2024, 10:10:05 AM
 #16

What happens is that in 2012, you could easily see upto 20BTC in someone's custody which is very rare now. You can be seeing bitcoin in decimals now such as 0.04BTC
You can see this information with Bitcoin Rich List for addresses, not for people. Because it's impossible to identify all Bitcoin owners, and with on-chain data, we only can identify addresses.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html



The chart can help you to see changes with time too.
https://www.bitcoinmagazinepro.com/charts/addresses-greater-than-10-btc/
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August 22, 2024, 10:28:15 AM
 #17

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?


P.S.
I'm not selling anything.
I couldn't find a similar topic in the search, so I created this topic.



Remain the same and nothing will change about that since you receive the same value even if you bought it many years ago.

But there's a good article regarding different rarity of bitcoins come check it in this link Bitcoin Satoshi from Uncommon to Mythic

Question two will also be the same. Nothing will be change and again you can still get same btc and also same current value. Everything is the same and those added names maybe created just for hype and maybe they want people to think about that there is a possible good value if they hold old bitcoins.

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August 22, 2024, 10:39:19 AM
 #18

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
Just remember this to understand it: wallet.dat files don't contain bitcoins, it contains "private keys".
Units of bitcoins are "unspent transaction outputs" (UTXO) that are locked in the Bitcoin Blockchain which can be unlocked by the private keys in your wallet.

So, in terms of being old, it's only a matter of being included to an old block which has no special characteristics compared to UTXO in the newer blocks.

2. I am also interested in if you transfer bitcoins 2012 year to another wallet, and the change returns to the old one, will they both become bitcoins in 2024?
Once you spent an old UTXO, it whole value should be spent.
The transaction will create new output(s) (the recipient, and change if there's an excess amount)
and that transaction will be saved in the latest block mined by a miner that accepted that transaction to his mempool.

So, since the UTXO are now in a new block, those are now basically "bitcoins in 2024". Although such term doesn't exist.

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August 22, 2024, 10:39:41 AM
 #19

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?
~snip~


I can confirm that these "old coins" can sometimes be more valuable than "new coins" for the reason that some people will pay more for a coin that has not been moved for a long time because it allows them not to pay taxes. Of course, in that case, those who buy such coins should also buy the private keys of the addresses where these coins are located in order to be able to sign a message proving ownership.

Also, new coins can sometimes have a premium price, there were stories that the so-called "virgin coins" from miners can achieve up to 20% higher price than regular ones - although that was a long time ago when BTC was much cheaper than today.

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348Judah
Hero Member
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August 22, 2024, 04:09:34 PM
 #20

1. Is there any value in "old bitcoins" compared to new ones?
For example, bitcoins that have been on wallet.dat since 2012 have a higher value than bitcoins since 2024?

It all depends on the quantity you're having in consideration, for instance if you have 1btc as at 2012 and now you're also having 1btc in 2024, the difference is clear because the first one you had earlier since 2012 would have increased in value and that alone will have to depend on the rate of how much one bitcoin is valued in USD till this time, then you one you're having in this year will also have to increase in value over time if you can hold.


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