mmitech (OP)
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things you own end up owning you
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July 27, 2014, 12:51:13 PM Last edit: July 27, 2014, 05:58:19 PM by mmitech |
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I came across this thread today on reddit:The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzmhttps://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XFMined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26fThe second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. if this is Satoshi this means that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). Edit: I changed the Title because I agree about it not being accurate.
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mmitech (OP)
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things you own end up owning you
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July 27, 2014, 01:01:37 PM |
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no need to be a smart ass and remind me about saying I am done posting here...
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herzmeister
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July 27, 2014, 01:17:58 PM |
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hmmm looks like the real Satoshi took the opportunity and a small time window at the beginning of this year to boot up his elaborate anonymizing VPN infrastructure again and take care of some BTCusiness with this and the reply to the Dorian story, before "moving on to" his "other things" again.
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Malin Keshar
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July 27, 2014, 01:36:29 PM |
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price is not dropping like a stone in a place without atmosphere, so its more probably just an uncofirmed possibility at most, for now
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mmitech (OP)
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things you own end up owning you
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July 27, 2014, 03:41:13 PM |
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** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data
idiotic title ok, thank you.
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bitcoin4eva
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July 27, 2014, 03:49:03 PM |
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Could this be the reason for the recent drop in price? I don't know what to say to this as I'm no expert in these things but it does seem that someone from the early days is cashing out some money I wish I was involved in the early days :-/
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crazyALT47
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July 27, 2014, 03:49:40 PM |
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This doesn't necessarily mean that he is selling his bitcoin but rather that he is moving his bitcoin from one adders to another (assuming that he did in fact mine the coins in question and assuming that he is the only one that controls the private keys to the coins in question)
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ScreamnShout
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July 27, 2014, 03:53:04 PM |
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Could this be the reason for the recent drop in price? I don't know what to say to this as I'm no expert in these things but it does seem that someone from the early days is cashing out some money I wish I was involved in the early days :-/ This happened over 5 months ago so I doubt it had anything to do with the price drop. It is very interesting to see coins that were mined such a long time ago moving around all of a sudden.
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bitcoin4eva
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July 27, 2014, 04:10:14 PM |
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Oh, my bad Could this be someone who recovered his old addresses?
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falllling
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July 27, 2014, 04:14:17 PM |
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he was cashing out because he saw the end of bitcoin is coming soon, bitcoin bubble will soon burst and drop to almost $0, this is his last chance to cash out
so you better do the same thing fast
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bitcoin4eva
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July 27, 2014, 04:25:01 PM |
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Why would you think it will drop to 0$?
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falllling
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July 27, 2014, 04:34:10 PM |
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Why would you think it will drop to 0$?
bitcoin bubble pops up from $0, if its going to end some day, then it will end back to almost $0, everything will eventually goes back to where it came from and belongs to
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myself
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chaos is fun...…damental :)
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July 27, 2014, 04:34:59 PM Last edit: July 27, 2014, 04:54:45 PM by myself |
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if this coins belong to satoshi or not is irrelevant
the relevant part is some old time holder decided to move
there should be a simple service to track all the bitcoin mined on 2009 and maybe with sms alarms for a fee and special filters
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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ankan
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July 27, 2014, 04:37:04 PM |
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may be they making new wallet with new addresses
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bitcoin4eva
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July 27, 2014, 05:34:31 PM |
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Yea but I think that BTC is just so largely spread and widely known and used that it will never go back to 0$. Thats just my opinion though.
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Ibian
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July 27, 2014, 05:49:11 PM |
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And we have another ignore.
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Look inside yourself, and you will see that you are the bubble.
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Justine
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July 27, 2014, 07:04:01 PM |
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Many of the top bitcoin addresses are lost wallet.
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thrax
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July 27, 2014, 07:21:45 PM |
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Is it technically feasible to attempt finding a wallet's private key? I thought it was practically impossible to do it with today's computers. I have already lost a few keys and know I have coins on blockchains that I can no longer spend.
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manfred
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Energy is Wealth
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July 27, 2014, 08:09:08 PM |
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One of the earliest people to receive coins where AHA (the Austin Hackers Association) Dustin D. Trammell received 50 coins on 2009-01-16 at 19:18:35 Initially I though H. D. Moore is Satoshi which is not the case https://bitcointalk.org/index.php?topic=311328.0
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