Bitcoin Forum
November 05, 2024, 10:35:48 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Silk road seized coins are moving!  (Read 2866 times)
crazydownloaded (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 100

Crazy!


View Profile
June 12, 2014, 06:34:31 PM
 #1

Short: https://blockchain.info/address/1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55
Where the hell are they going? Someone had the keys? Are they going to sell the coins?

Est. February 2012
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1014


In Satoshi I Trust


View Profile WWW
June 12, 2014, 06:36:42 PM
 #2

mark books his holidays on expedia.

DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:38:36 PM
 #3

mark books his holidays on expedia.

Mark who?

And how did he gain access to the Silk Road bitcoins that the U.S. government seized?
DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:41:07 PM
 #4

Short: https://blockchain.info/address/1Ez69SnzzmePmZX3WpEzMKTrcBF2gpNQ55
Where the hell are they going? Someone had the keys? Are they going to sell the coins?

Looks like multiple outputs to a previous address were all consolidated into a single output at a new address.  They haven't moved from that address yet.  Not sure why they would be consolidated like that, but untill I see more movement I'm going to assume it's just some sort of "housekeeping".
crazydownloaded (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 100

Crazy!


View Profile
June 12, 2014, 06:42:06 PM
 #5

Looks like multiple outputs to a previous address were all consolidated into a single output at a new address.  They haven't moved from that address yet.  Not sure why they would be consolidated like that, but untill I see more movement, I'm going to assume it's just some sort of "housekeeping".
Yes, maybe cold storage or something.

Est. February 2012
keithers
Legendary
*
Offline Offline

Activity: 1456
Merit: 1001


This is the land of wolves now & you're not a wolf


View Profile
June 12, 2014, 06:42:39 PM
 #6

mark books his holidays on expedia.

Mark who?

And how did he gain access to the Silk Road bitcoins that the U.S. government seized?

Sarcasm...he was referring to Mark Karpeles I am assuming...
chadwickx16
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000



View Profile
June 12, 2014, 06:43:08 PM
 #7

Why would the gov need to do housekeeping on a btc wallet??


███
███
███
███
███
███
███
███
███
███
███
███



░░░░░░░░░░░░░░░░░░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░░░░░░░░░░░░░░███████████████████████
░░░░░░░░░░███████████████████████████████
░░░░░░░░███████████████████████████████████
░░░░░░███████████████████████████████████████
░░░░███████████████████████████████████████████
░░░████████████████▀▀░░░░░░░░░░▀▀███████████████
░░░██████████████░░░░░░░░░░░░░░░░░░▀████████████
░░████████████▀░░░░░░░░░░░░░░░░░░░░░░░████████
░░███████████░░░░░░░░░░░░░░░░░░░░░░░░░░░███
░░██████████
░░██████████
░░██████████
░░░██████████
░░░████████████░
░░░░█████████████████████████████████████
░░░░░▀███████████████████████████████████
░░░░░░░▀▀▀▀▀█████████████████████████████
░░░░░▄▄██████████████████████████████████
░░░░█████████████████████████████████████
░░░████████████
░░███████████
░██████████▌
▐█████████▌
▐█████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░███
▐██████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░░░░█████
░███████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░█████████
░▐████████████▌░░░░░░░░░░░░░░░░░░░░░█████████████
░░▐███████████████▄▄▄░░░░░░░░░░▄▄████████████████
░░░░███████████████████████████████████████████
░░░░░░███████████████████████████████████████
░░░░░░░░░████████████████████████████████
░░░░░░░░░░░░░█████████████████████████
░░░░░░░░░░░░░░░░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

███
███
███
███
███
███
███
███
███
███
███
███

███
███
███
███
███
███
███
███
███
███
███
███

███
███



███
███



███
███
*
!
#
HOMEPAGE
ANNOUNCEMENT
JOIN US ON SLACK
DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:43:38 PM
 #8

mark books his holidays on expedia.

Mark who?

And how did he gain access to the Silk Road bitcoins that the U.S. government seized?

Sarcasm...he was referring to Mark Karpeles I am assuming...

The MtGox guy?

As sarcasm, it really doesn't work.  Mark has never been an FBI employee as far as I know.
DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:44:50 PM
 #9

Why would the gov need to do housekeeping on a btc wallet??

You'd have to ask them.  I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense.
acs267
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
June 12, 2014, 06:45:31 PM
 #10

Umm, are the public notes from the seized coin address from when Dread held the coins? Because they're pretty much like 'wtf'?

And I doubt they'll sell them all at once. That would be stupid.
BTFjmwn
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
June 12, 2014, 06:47:15 PM
 #11

And the IP address shows as Canadian?
DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:48:47 PM
 #12

And the IP address shows as Canadian?

There are no IP addresses in bitcoin transactions.

That IP address is the address of the peer that first relayed the transaction to blockchain.info.  It easily could have been forwarded through MANY peers before it got to blockchain.info.
edd
Donator
Legendary
*
Offline Offline

Activity: 1414
Merit: 1002



View Profile WWW
June 12, 2014, 06:49:46 PM
 #13

Why would the gov need to do housekeeping on a btc wallet??

You'd have to ask them.  I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense.

Could be any number of reasons. For example, control of the coins could have been turned over to another department/office/individual and he/she/they wished to eliminate the possibility that the previous guardian could still access them.

Still around.
DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 06:51:15 PM
 #14

Umm, are the public notes from the seized coin address from when Dread held the coins? Because they're pretty much like 'wtf'?

Once it was figured out that this was the address that the U.S. government was using to hold the seized bitcoins, many people thought it would be humorous to send a very small amount of bitcoins directly to the government and include some sort of public message with the transaction.
chadwickx16
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000



View Profile
June 12, 2014, 07:05:10 PM
 #15

Why would the gov need to do housekeeping on a btc wallet??

You'd have to ask them.  I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense.

Yes, this move probably started in January.  I could see it now, "Aye for moving the Bitcoin" on C-Span. LOL


███
███
███
███
███
███
███
███
███
███
███
███



░░░░░░░░░░░░░░░░░░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░░░░░░░░░░░░░░███████████████████████
░░░░░░░░░░███████████████████████████████
░░░░░░░░███████████████████████████████████
░░░░░░███████████████████████████████████████
░░░░███████████████████████████████████████████
░░░████████████████▀▀░░░░░░░░░░▀▀███████████████
░░░██████████████░░░░░░░░░░░░░░░░░░▀████████████
░░████████████▀░░░░░░░░░░░░░░░░░░░░░░░████████
░░███████████░░░░░░░░░░░░░░░░░░░░░░░░░░░███
░░██████████
░░██████████
░░██████████
░░░██████████
░░░████████████░
░░░░█████████████████████████████████████
░░░░░▀███████████████████████████████████
░░░░░░░▀▀▀▀▀█████████████████████████████
░░░░░▄▄██████████████████████████████████
░░░░█████████████████████████████████████
░░░████████████
░░███████████
░██████████▌
▐█████████▌
▐█████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░███
▐██████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░░░░█████
░███████████▌░░░░░░░░░░░░░░░░░░░░░░░░░░█████████
░▐████████████▌░░░░░░░░░░░░░░░░░░░░░█████████████
░░▐███████████████▄▄▄░░░░░░░░░░▄▄████████████████
░░░░███████████████████████████████████████████
░░░░░░███████████████████████████████████████
░░░░░░░░░████████████████████████████████
░░░░░░░░░░░░░█████████████████████████
░░░░░░░░░░░░░░░░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

███
███
███
███
███
███
███
███
███
███
███
███

███
███
███
███
███
███
███
███
███
███
███
███

███
███



███
███



███
███
*
!
#
HOMEPAGE
ANNOUNCEMENT
JOIN US ON SLACK
crazydownloaded (OP)
Full Member
***
Offline Offline

Activity: 148
Merit: 100

Crazy!


View Profile
June 12, 2014, 07:08:00 PM
 #16

Those seized coins are moving too! https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw

Est. February 2012
ljudotina
Legendary
*
Offline Offline

Activity: 1260
Merit: 1029


View Profile
June 12, 2014, 07:08:51 PM
 #17

mark books his holidays on expedia.

You kinda mixed Gox and Silkroad i guess  Cheesy

amitrwt
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
June 12, 2014, 07:16:46 PM
 #18

So we take up the scenario where these coins will get into market how low you think we will sink..! I can understand it will be good for bitcoins in long term but talking about short term we might see a very high decline in price. 

▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
↑ UpDown.BT ↓  Bet on Gold/Oil/Currencies like a Boss ↑ [Thread] ↓
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
ljudotina
Legendary
*
Offline Offline

Activity: 1260
Merit: 1029


View Profile
June 12, 2014, 07:18:13 PM
 #19

If THAT hits the market, we'r talking disaster....absolute anihilatio of price for quiet some time.

DannyHamilton
Legendary
*
Offline Offline

Activity: 3472
Merit: 4801



View Profile
June 12, 2014, 07:18:55 PM
 #20

If THAT hits the market, we'r talking disaster....absolute anihilatio of price for quiet some time.

One can only hope that you are correct.  I'm looking forward to picking up some cheap bitcoins.

On the other hand, it's only 174,000 BTC.  That's about the same amount of bitcoins that are created every 48 days.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!