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Author Topic: The "Vladimir Club"  (Read 20370 times)
piramida
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February 27, 2013, 08:58:21 PM
 #21

Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

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February 27, 2013, 11:04:58 PM
 #22

Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?
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February 28, 2013, 05:08:38 AM
 #23

I know someone with 5 times that amount and he haven't ever posted here.
So, 10,000 coins? Nice! What price did he buy at?

I know this because Tyler knows this.
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February 28, 2013, 05:10:51 AM
 #24

Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?

Now please describe in detail how you envision proof of something being irreversibly lost?

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February 28, 2013, 05:13:46 AM
 #25

I know someone with 5 times that amount and he haven't ever posted here.
So, 10,000 coins? Nice! What price did he buy at?

If he has 10,000 invite him to the forums, he could be helping build the community, but something tells me this is kinda like, I know a guy, who knows a guy, who was in prison with a guy, who was married to a guy's sister LMAO
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February 28, 2013, 05:20:53 AM
 #26

Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?

protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Assuming QC "suddenly" appears, and ECDSA is instantaneously crackable using Shor's algorithm, and SHA256/RIPEMD160 become vulnerable to Grover's algorithm:
  • Every unspent coin, sent to an address whose pubkey is not yet revealed, is somewhat safe (80 bit security left, instead of 160 bit)
  • The block chain is quite safe (128 bit security left, instead of 256 bit)
  • Transactions to new quantum-computing-based addresses with corresponding keys, are safe
  • ... only unspent coins sent to reused addresses will be trivially claimable by any attacker (a few bits of security left, instead of 128 bit)

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February 28, 2013, 05:25:23 AM
 #27

protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Owner of such computer would give a shit about wether the keys are lost or not... he'd just go search for the privkeys of the highest-valued addresses regardless of wether or not someone else already knows that key.


PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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February 28, 2013, 05:29:17 AM
 #28

protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Owner of such computer would give a shit about wether the keys are lost or not... he'd just go search for the privkeys of the highest-valued addresses regardless of wether or not someone else already knows that key.

Right, the highest-valued addresses which have already spent coins (revealed their pubkeys).

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Borsche


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February 28, 2013, 08:04:57 PM
 #29

Nah, by the time quantum computers of needed complexity appear on the horizon encryption would be adjusted and coins in circulation would be easily protected. However, i don't know what happens to old (lost) coins? If they would still be retrievable, just imagine what a nice ever-growing bounty bitcoin would become, for the good of all mankind!

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March 22, 2013, 07:21:53 AM
 #30

How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

surely can't be more than 10000.

Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.



I'm guessing it's around 300 people in that club max. Tendency: decreasing.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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March 22, 2013, 07:29:50 AM
 #31

1% of 1%
What is this the NewBit World Order?

...or do they get 80%+ for 1% of the people?   Shocked

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March 22, 2013, 07:31:34 AM
 #32

How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

At least 410 ...

The list is computed with this tool : https://bitcointalk.org/index.php?topic=88584.0;all

Last updated on 2013-02-20:
Code:
         111111.11257544 582431b9e63d2394c8b224d1bc45d07ae95d2379 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a Tue Feb 12 04:31:31 2013
          79957.04210000 a0b0d60e5991578ed37cbda2b17d8b2ce23ab295 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF Fri Jan 25 15:36:18 2013
          53880.04210000 a82d63de690d6e71f98a2991249310f6a3d9cb88 1GLEtzJ1H2zoGrUA4RMbRJam5UJSdrk6T2 Fri Feb  1 06:04:48 2013
          53000.04210000 3d9e561f21d312f9b8b46e74169263e2452d5591 16cou7Ht6WjTzuFyDBnht9hmvXytg6XdVT Fri Jan 25 15:36:18 2013
          52419.15410977 816115944e077fe7c803cfa57f29b36bf87c1d35 1Co6UHJmGHevWEHAPraSPRVkfGgG46EHwe Mon Feb 18 22:11:45 2013
...
           3000.00000000 916e5c5e1700320bf1d1ae3589192526aec81724 1EFyBpW1LDtFWuAQT3mL1HYKRZVcmxPLuL Tue Dec 25 11:21:24 2012
           3000.00000000 5ae9b1e57cded098924906bd02cc9226bd86061b 19HhmfxGsznL8K7wXjZiFnhqddQucgfZzB Fri Mar 11 15:09:22 2011
           3000.00000000 37ca6aed134dab977b1941c114e5b3fa772c9a0b 165zen6z41RAVrVTECLgKvJWmyezy1ygcj Sat Feb 16 08:13:41 2013
           2999.00000000 0d0da1dbdf3c867d65d7cb4f0334663a016e8d1b 12C27gSDojLQLjnRu6Z7jRYXDHjvaeXxVg Wed Mar  2 16:58:58 2011
           2987.46650000 4acad569f632f8d0343d28d1be451858de14bc0f 17pTzKpFPGaVJQWKFsc4CGhF6nkopWwbUw Mon Feb 18 22:01:08 2013
           2986.84000000 83536d00351f99ba8b5582e94494cc7e9c5d3126 1CyPTez73fVn7KwXPCu3Li15e78eag1aMY Mon Jan 1<



That's not true. Multiple addresses can have a single owner.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Pteppic
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March 22, 2013, 11:08:51 AM
 #33

How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

surely can't be more than 10000.

Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.

I'm guessing it's around 300 people in that club max. Tendency: decreasing.


I find myself secretly hoping that the Bitcoin wealth is very concentrated so that there are not many people with more coins than me

"Remember too on every occasion which leads you to vexation to apply this principle: not that this is a misfortune, but that to bear it nobly is good fortune." - Marcus Aurelius
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March 22, 2013, 11:19:31 AM
 #34

How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

surely can't be more than 10000.

Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.

I'm guessing it's around 300 people in that club max. Tendency: decreasing.


I find myself secretly hoping that the Bitcoin wealth is very concentrated so that there are not many people with more coins than me

Strange thought. So what if there is only 1000, 500 or 100 richer than you - - What kind of thoughts does this bring into you?

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March 22, 2013, 11:28:18 AM
Last edit: March 22, 2013, 11:43:46 AM by Pteppic
 #35

I find myself secretly hoping that the Bitcoin wealth is very concentrated so that there are not many people with more coins than me

Strange thought. So what if there is only 1000, 500 or 100 richer than you - - What kind of thoughts does this bring into you?


Hey, I know its irrational. Generally speaking, people prefer being relatively wealthy compared to absolutely wealthy. There's a psychology experiment that shows that people would rather be in the position of earning $50k when those around them earn $30k compared to earning $60k when those around them earn $80k.

The more the wealth is concentrated, the more people I am relatively wealthier than. It's not a pleasant thought, it's not a worthy thought, but it is sometimes there, all the same.

Edit: And I'm not the only one who has had unworthy thoughts about his position on a rich list  Wink
http://www.guardian.co.uk/business/2013/mar/05/prince-alwaleed-bin-talal-forbes-rich-list

"Remember too on every occasion which leads you to vexation to apply this principle: not that this is a misfortune, but that to bear it nobly is good fortune." - Marcus Aurelius
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March 22, 2013, 11:30:55 AM
 #36

How many do you think are eligible for the club today? I would think it is far less than 5000 individuals, maybe closer to 500.. Undecided

surely can't be more than 10000.

Another guesstimation I just did puts the upper bound at ~611 members conservatively: satoshi: 1 million, 2 guys 500k, 4 guys: 250k, 8 guys: 125k and so on.

I'm guessing it's around 300 people in that club max. Tendency: decreasing.


I find myself secretly hoping that the Bitcoin wealth is very concentrated so that there are not many people with more coins than me

Strange thought. So what if there is only 1000, 500 or 100 richer than you - - What kind of thoughts does this bring into you?


Very sad. First is the way to go. Cheesy
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April 18, 2013, 01:06:36 PM
 #37

Plot twist: Most of those addresses are part of one wallet.dat file.

...with private key irreversibly lost a year ago Smiley

proof?

protip: only coins in an address which has never spent coins (thereby revealing its public key) can be irreversibly lost. The rest of the coins (those in addresses whose public keys have been revealed) will be trivially claimed by the first Quantum Computers.

Assuming QC "suddenly" appears, and ECDSA is instantaneously crackable using Shor's algorithm, and SHA256/RIPEMD160 become vulnerable to Grover's algorithm:
  • Every unspent coin, sent to an address whose pubkey is not yet revealed, is somewhat safe (80 bit security left, instead of 160 bit)
  • The block chain is quite safe (128 bit security left, instead of 256 bit)
  • Transactions to new quantum-computing-based addresses with corresponding keys, are safe
  • ... only unspent coins sent to reused addresses will be trivially claimable by any attacker (a few bits of security left, instead of 128 bit)

protip: private keys can be bruteforced if you're the luckiest man on earth
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April 18, 2013, 01:47:34 PM
 #38

Strange thought. So what if there is only 1000, 500 or 100 richer than you - - What kind of thoughts does this bring into you?


Very sad. First is the way to go. Cheesy

hahaha I like that!
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April 18, 2013, 01:52:09 PM
 #39

Strange thought. So what if there is only 1000, 500 or 100 richer than you - - What kind of thoughts does this bring into you?


Very sad. First is the way to go. Cheesy

hahaha I like that!

He who dies with the most bitcoins wins!
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May 21, 2013, 03:02:25 PM
 #40

I was at 2200 or so but sold 350 at $119.99.  Damn bulls have trampled all over my short selling dream! 
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