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Author Topic: Very Rich Address?  (Read 11938 times)
MoonShadow
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May 24, 2012, 03:50:35 AM
 #41

That's almost certainly a coin tumbler escrow.  The semi-random automatic transactions that are constantly moving small amounts around and back helps to hide the true volume of in-out transactions.  The collection into a single address also tends to hide who is paying whom, should an observer be able to link an address to a person in some other way, such as standard detective work.  The claim that it's the tumbler for silk road is likely, but irrelevent because no one knows who silk road actually is.  That's akin to saying "I can track MoonShadow's money, because I have his address!", the anominity then rests with "Who the hell is MoonShadow?"


To be clear, the bitcoins residing in the wallet with the address 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM are commissions from sales on/at Silk Road. Correct?


I have no idea, and I question whether that is even knowable to anyone that doesn't deal with silk road, which I don't.

EDIT:  If it is, then the owner of Silk Road hasn't taken much of his profits.  How does he pay to keep it all running without cashing some out?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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MoonShadow
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May 24, 2012, 05:29:31 AM
 #42

That's almost certainly a coin tumbler escrow.  The semi-random automatic transactions that are constantly moving small amounts around and back helps to hide the true volume of in-out transactions.  The collection into a single address also tends to hide who is paying whom, should an observer be able to link an address to a person in some other way, such as standard detective work.  The claim that it's the tumbler for silk road is likely, but irrelevent because no one knows who silk road actually is.  That's akin to saying "I can track MoonShadow's money, because I have his address!", the anominity then rests with "Who the hell is MoonShadow?"


To be clear, the bitcoins residing in the wallet with the address 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM are commissions from sales on/at Silk Road. Correct?


I have no idea, and I question whether that is even knowable to anyone that doesn't deal with silk road, which I don't.

EDIT:  If it is, then the owner of Silk Road hasn't taken much of his profits.  How does he pay to keep it all running without cashing some out?

maybe this is just his "hot wallet" and he has taken millions out already? i be they do a massive amount of business.

As lucrative as it can be to be to be a dealer, that doesn't usually compare to how lucrative it is to be the market maker, so you're probably right.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Phinnaeus Gage
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May 25, 2012, 12:12:11 PM
 #43

That's almost certainly a coin tumbler escrow.  The semi-random automatic transactions that are constantly moving small amounts around and back helps to hide the true volume of in-out transactions.  The collection into a single address also tends to hide who is paying whom, should an observer be able to link an address to a person in some other way, such as standard detective work.  The claim that it's the tumbler for silk road is likely, but irrelevent because no one knows who silk road actually is.  That's akin to saying "I can track MoonShadow's money, because I have his address!", the anominity then rests with "Who the hell is MoonShadow?"


To be clear, the bitcoins residing in the wallet with the address 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM are commissions from sales on/at Silk Road. Correct?


I have no idea, and I question whether that is even knowable to anyone that doesn't deal with silk road, which I don't.

EDIT:  If it is, then the owner of Silk Road hasn't taken much of his profits.  How does he pay to keep it all running without cashing some out?

maybe this is just his "hot wallet" and he has taken millions out already? i be they do a massive amount of business.

As lucrative as it can be to be to be a dealer, that doesn't usually compare to how lucrative it is to be the market maker, so you're probably right.

I believe something nefarious is happening with this account.
MoonShadow
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May 25, 2012, 03:33:20 PM
 #44

Such as?

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Phinnaeus Gage
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May 26, 2012, 07:10:27 AM
 #45

Such as?


yeah.. i was wanting more info too Smiley

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July 29, 2012, 11:48:51 PM
 #46

So if some people are saying 1dkybekt5s2gdtv7aqw6rqepavnsryhoym is silk road's address, and have some sort of proof..

and others are saying it's pirate's address..

If you go to that wallet address dot com (http://1dkybekt5s2gdtv7aqw6rqepavnsryhoym.com/) it is a simple page to brag about how awesome they are.  And they are awesome.  They have like 4 mil currently.

That image posted on the website seems very pirate-y, IMHO.

Does that mean that..

1.) pirate has something to do with silk road?
2.) silk road uses pirate's wallet as a tumbler?

(this is just speculation)

cantbearsed
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July 30, 2012, 03:06:50 AM
 #47

so  was gonna post on the other thread (in the speculation forum) but then apparently this site doesn't trust newly registered users to post.

anyway, surely one could test whether the wallet belongs to the silkroad by tracking a bitcoin that you pay to the silkroad and see if it ends up in that giant wallet? or am i somehow misunderstanding the blockchain idea?
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July 30, 2012, 05:15:36 AM
 #48

Likely to be silk road. 
Funny how the head persona @ the 'road is known as Dread Pirate Roberts.  It's gonna be an interesting 5 months from here to the halving of the block rewards, that's for sure.
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July 30, 2012, 07:44:39 AM
 #49

Likely to be silk road. 
Funny how the head persona @ the 'road is known as Dread Pirate Roberts.  It's gonna be an interesting 5 months from here to the halving of the block rewards, that's for sure.
Very interesting tidbit. 

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July 30, 2012, 10:42:39 AM
 #50

Why ^? Most people that buy on SR are not miners.......
Bitcoin Oz
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July 30, 2012, 10:56:42 AM
 #51

The two largest account holders in bitcoin are named pirate   Grin Grin Grin

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July 30, 2012, 02:11:25 PM
 #52

My guess is its a SR wallet as well, after taking a look around the place a few months back there are a large number of sellers and the top sellers take hundreds, sometimes thousands of BTC everyday and Dread Pirate Roberts gets 10% of all of them, sometimes less on higher transactions but still that is a large chunk of coin...
Off the Tony76 scam DPR made 10,000$ in one weekend and that was just off one seller.
That and the fact he gave away at least 10k BTC over that weekend, with other prizes like macbooks, phones and a crazy holiday.
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July 30, 2012, 03:18:21 PM
 #53

The two largest account holders in bitcoin are named pirate   Grin Grin Grin

Considering the cultural context of the Bitcoin community, this is not surprising.

It's like picking two random guys from Russia and finding their both named "Ivan".
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July 30, 2012, 06:21:57 PM
 #54

Quote
It's like picking two random guys from Russia and finding their both named "Ivan".

But is one of them Crazy?

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
AndrewBUD
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July 31, 2012, 01:04:12 AM
 #55

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It's like picking two random guys from Russia and finding their both named "Ivan".

But is one of them Crazy?



No but he keeps hitting the payout button....
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July 31, 2012, 02:28:23 AM
 #56

Haha!  Best. Response. Ever.

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
FAKE daniel daniel
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July 31, 2012, 02:58:27 AM
 #57

thats alot

http://bitcoin-otc.com/viewratingdetail.php?nick=danieldaniel&sign=ANY&type=RECV
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July 31, 2012, 09:45:34 AM
 #58

Having a huge balance in an address does attract much attention. Then how will the holder be able to cash these coins, without revealing his identity? Just wondering...
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July 31, 2012, 01:18:44 PM
 #59

Haha!  Best. Response. Ever.



Glad you like it.... Cheesy
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August 01, 2012, 01:45:09 AM
 #60

Maybe it's where all the Bitcoin transaction fees end up.
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