Selling my OLD BTC for your NEW BTC

[Lucius]

"Old" means that some Bitcoins are at one address for a long time.
For example, from the aspect of AML risk score, "older" Bitcoins always have a very low risk score and are easier to accept in most services.
~snip~

If you have coins that can be linked to anything that is otherwise considered problematic, then it doesn't really matter whether they are coins that someone has been keeping in their wallet for 6 days or 6 years. For example, if you try to check the AML score of coins you got in a mixer campaign 5 or more years ago, believe me, they didn't clear on their own if you haven't moved them since then.

[condoras]

I got some old BTC, they have been on several addresses but you will get the private keys for all the addresses for the last 9 years. I require BTC that have been at a kraken/bitstamp/other popular exchange wallet just one transaction before sending to me.

Your "ad" is a simple laundry method from the many that we've seen from the moment that BTC gets a new terminology with "old", "new", "clean", "virgin", etc, stupid terms. The only thing that I still wonder is how you expect to get anything. This is an obvious trap, and nobody will fall for this. Except for the same newbies like yourself.

Anybody interested? Make me offers.

Offers for what? You should make offers to us, not us to you!

If you have coins that can be linked to anything that is otherwise considered problematic, then it doesn't really matter whether they are coins that someone has been keeping in their wallet for 6 days or 6 years. For example, if you try to check the AML score of coins you got in a mixer campaign 5 or more years ago, believe me, they didn't clear on their own if you haven't moved them since then.

It's exactly as you said it. The score remains from the moment that the address is tagged as "shady" or "blacklisted".  The problem is that you can't get rid of it, no matter what you do. At least as far as I know.

[logfiles]

It's exactly as you said it. The score remains from the moment that the address is tagged as "shady" or "blacklisted".  The problem is that you can't get rid of it, no matter what you do. At least as far as I know.

This makes me wonder what is going to happen if let's say 70% of the Bitcoins in circulation are marked/tagged as shady or dirty. The would AML score thing is just going to make people fear using Bitcoin at one point for fear of having their funds frozen by exchanges because they acquired "dirty" ones.;

[Lucius]

~snip~
It's exactly as you said it. The score remains from the moment that the address is tagged as "shady" or "blacklisted".  The problem is that you can't get rid of it, no matter what you do. At least as far as I know.

Actually, you can, because mixers still exist for exactly that kind of thing, and there's also the possibility of swapping these so-called tainted coins for any other coin. What can be a problem is to send such coins to CEXs or some payment processor that will mark them as problematic and freeze them or, in the best case, return them to the owner.

This makes me wonder what is going to happen if let's say 70% of the Bitcoins in circulation are marked/tagged as shady or dirty. The would AML score thing is just going to make people fear using Bitcoin at one point for fear of having their funds frozen by exchanges because they acquired "dirty" ones.;

The idea of ​​tainted coins is actually a weapon used by the authorities to direct investors to trade exclusively through CEXs, where everyone is required to do KYC. Likewise, the idea that the strategic reserves are filled with precisely such coins will be something with which the authorities will try to take their share of the pie without investing any money.

[aoluain]

Is there any particular reason why you cant send your "old" btc to Kraken or another popular exchange directly and get that one transaction you need?

This is the question everyone should be asking but it seems the OP has straight up
ignored it.

With transaction fees so low its super cheap to send even small amounts so it would
be a lot less hassle for the OP to just send to an exchange.Trading with a newbie i
s risky and especially in this scenario.

As regards "Old Bitcoin" nobody cares whether its old or new but there are people
who would like Bitcoin with only one transaction from the miner - "Virgin Bitcoins"

[cryptomaniac_xxx]

It's exactly as you said it. The score remains from the moment that the address is tagged as "shady" or "blacklisted".  The problem is that you can't get rid of it, no matter what you do. At least as far as I know.

This makes me wonder what is going to happen if let's say 70% of the Bitcoins in circulation are marked/tagged as shady or dirty. The would AML score thing is just going to make people fear using Bitcoin at one point for fear of having their funds frozen by exchanges because they acquired "dirty" ones.;

That scenario is scary indeed say that 70% of Bitcoins that are in circulation are being tagged by this blockchain analysis company. And with that I'm thinking, that maybe we could buy Bitcoin at a discount since it's tainted? And then we have a market wherein all Bitcoin that are marked dirty can be sold and it's different to a market that buy and trade Bitcoin that is clean? And then newly minted Bitcoin are going to be tagged as "virgin" and so the price is at a premium. And obviously, by that time, not all Bitcoin are treated or created equal.

[bitcoin_stealer]

It's exactly as you said it. The score remains from the moment that the address is tagged as "shady" or "blacklisted".  The problem is that you can't get rid of it, no matter what you do. At least as far as I know.

This makes me wonder what is going to happen if let's say 70% of the Bitcoins in circulation are marked/tagged as shady or dirty. The would AML score thing is just going to make people fear using Bitcoin at one point for fear of having their funds frozen by exchanges because they acquired "dirty" ones.;

That scenario is scary indeed say that 70% of Bitcoins that are in circulation are being tagged by this blockchain analysis company. And with that I'm thinking, that maybe we could buy Bitcoin at a discount since it's tainted? And then we have a market wherein all Bitcoin that are marked dirty can be sold and it's different to a market that buy and trade Bitcoin that is clean? And then newly minted Bitcoin are going to be tagged as "virgin" and so the price is at a premium. And obviously, by that time, not all Bitcoin are treated or created equal.

So do you really expect 2 markets 

[arzuo]

BTC is BTC old and new not matter any value or price.
all are the real with decentralized you can't able to divide it with old and new.
If you old and new is different then you need to learn more about bitcoin and decentralized economic power.
I recommend you try to know about crypto and blockchain and about power of BTC

[logfiles]

BTC is BTC old and new not matter any value or price.
all are the real with decentralized you can't able to divide it with old and new.
If you old and new is different then you need to learn more about bitcoin and decentralized economic power.

They want Bitcoin to look like or behave like fiat so bad that they come up with this new classifications such as "New Bitcoin" "Old Bitcoin" "Virgin Bitcoin" "Clean Bitcoin" " Dirty Bitcoin". This is one of the points of attack on Bitcoin and the more people believe such a false narrative, the worse for us.

I don't think satoshi had it in mind that Bitcoin would be classified this way several years later after he launched the network

[noormcs5]

BTC is BTC old and new not matter any value or price.
all are the real with decentralized you can't able to divide it with old and new.
If you old and new is different then you need to learn more about bitcoin and decentralized economic power.
I recommend you try to know about crypto and blockchain and about power of BTC

I think OP doesn't have the proper knowledge of BTC and that is why he thinks that there is a difference in value of BTC stored in an old address or new address. Or another condition could be that he is very clever and wanted to clean his btc that he got from scamming anyone and he is pretending to be innocent and asking to move BTC with the new/old logic.

By the way, if the later part is true, the dirty btc can easily be cleaned through mixing services and he don't need to ask people for all this stuff.

[bmsdeef]

I don't think it makes sense

[livingfree]

You're basically asking, "Trade your proven, valuable asset for my mystery box?" No one with real Bitcoin does this unless they're trying to pull a fast one.

Not really, he's basically asking his old valuable asset for the same valuable asset that he thinks new.

Your "new" BTC could be from a tainted wallet, could get your whole stack frozen on exchanges, or the whole offer could just be a scam to begin with. Old, seasoned coins have more value because they have a clean history. This whole "trade" is a massive red flag. Don't do it.

Thanks to the third party services provided to the exchanges where they are scoring the AML risk of the transactions.

It was well explained by examples here why there are users who think that old mined bitcoins are better than the newer ones.

That's on the standpoint of having lesser low score but of the same value with the newer ones.

[antonpans]

Not interested in this at all as it seems super sketchy. I am curious as a relative beginner how do you differentiate between 'Old' and 'New' bitcoin?

"Old" means that some Bitcoins are at one address for a long time.
For example, from the aspect of AML risk score, "older" Bitcoins always have a very low risk score and are easier to accept in most services.

Also, "old" bitcoins are a good opportunity to clean money (to the government and tax authorities), because by buying such coins, you justify $110k at a price of $10k (or less) as it was a few years ago.

Good point. But out of curiousity if it was 10k in value and now you sell those at 100k doesnt that mean its 90k profit? Which means huge taxes have to be paid?🙈

[UmerIdrees]

You're basically asking, "Trade your proven, valuable asset for my mystery box?" No one with real Bitcoin does this unless they're trying to pull a fast one.

Not really, he's basically asking his old valuable asset for the same valuable asset that he thinks new.

Yeah but he will be paying more or less for his OLD BTC to get the New BTC. One of those bitcoin will be valuable in his mind so the question is whether he thinks the OLD Bitcoin is more valuable than the new BTC.

By the way, i guess maybe he thinks that the NEW BTC is quatuam resistance and he is willing to pay more price for new BTC ? But if he trasfer his OLD bitcoin to a new fresh bitcoin address, doesn't it wil become the NEW btc ?

[GokuSan]

What can an old wallet be used for? I've had one since 2016.

[virasog]

What can an old wallet be used for? I've had one since 2016.

I don't see any use case for an OLD bitcoin wallet other than you can claim free Bitcoin Cash (BCH) if it is not already been claimed. BCH split from bitcoin in 2017 and all those old wallets could claim free BCH due to the bitcoin fork. If no one has claim free BCH , only then one may claim them from those old wallets.

Other than this, there is no use of an old bitcoin address. This is not like any old bank account where old transactions could make it valuable to show your transactions history.