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Topic: 1 million BTC wallet - page 2. (Read 738 times)

full member
Activity: 896
Merit: 102
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April 30, 2021, 04:04:23 AM
#33
We cannot assume who owns the wallet. What is clear, we can only see the contact address only.
And I am sure that if there are that many in one wallet, chances are that the one who has it is not new to the crypto world
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
April 29, 2021, 06:59:57 PM
#32
It could possibly be owned by Satoshi because he's the creator of Bitcoin but since there isn't any proof, things like this could only be considered as an assumption and theory. We all know that to turn our assumptions into facts, we have to gather enough proof to prove our speculations because fake news is just around us so people would always look for evidence.

I don't think there is such a wallet and posters above confirm that there are no such wallets. What OP is claiming is some urban legend that you shouldn't worry about.

Even if there was such a wallet, it wouldn't be an active user. Nobody in their right mind would keep so much money on a single address. These would be split to a number of addresses and cold wallets for protection.
Plus satoshi has bitcoin all over the address used to received mining rewards back then and its been there for ages without any transfer, satoshi might have almost million btc but it doesn't stored in just single address nor even a hundred of address
hero member
Activity: 2184
Merit: 531
April 29, 2021, 02:21:37 PM
#31
It could possibly be owned by Satoshi because he's the creator of Bitcoin but since there isn't any proof, things like this could only be considered as an assumption and theory. We all know that to turn our assumptions into facts, we have to gather enough proof to prove our speculations because fake news is just around us so people would always look for evidence.

I don't think there is such a wallet and posters above confirm that there are no such wallets. What OP is claiming is some urban legend that you shouldn't worry about.

Even if there was such a wallet, it wouldn't be an active user. Nobody in their right mind would keep so much money on a single address. These would be split to a number of addresses and cold wallets for protection.
full member
Activity: 1708
Merit: 126
April 29, 2021, 01:58:21 PM
#30
It could possibly be owned by Satoshi because he's the creator of Bitcoin but since there isn't any proof, things like this could only be considered as an assumption and theory. We all know that to turn our assumptions into facts, we have to gather enough proof to prove our speculations because fake news is just around us so people would always look for evidence.
sr. member
Activity: 658
Merit: 251
April 29, 2021, 01:41:48 PM
#29
If no one has used this wallet for a long time, there are only two options for what it can be. The first option: the wallet was created in ancient times when no one took bitcoin too seriously and bought a couple of pizzas for 10,000 thousand bitcoins. The second option is some person who has also been mining bitcoins for a long time and stopped at a round sum and forgot about them. There is also a third conspiracy theory that this is some kind of super investor who can bring down the market someday.
member
Activity: 518
Merit: 13
April 29, 2021, 01:34:05 PM
#28
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?

I think it could belong to Satoshi.  Grin  Because Satoshi has been HODLing from the start and will continue to do so as I know. We don't even know if Satoshi is alive though. But dead or alive, it will not prevent Satoshi from continuing to HODL.
sr. member
Activity: 686
Merit: 282
March 21, 2021, 01:13:33 PM
#27
I love such rumors, I probably also have so much in my wallet, but I do not have this confirmed xD ... Fact, there are people who at the beginning could accumulate a large amount of BTC, but why do you need such knowledge. This is yours: P.
legendary
Activity: 1512
Merit: 7340
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March 21, 2021, 12:16:57 PM
#26
I also came to the same conclusion there’s a good possibility that satoshi owns that many bitcoin but i doubt he’ll store it in a single address obviously for security purposes.
You don't have to "doubt". You can check a block explorer and see it by yourself that there's no address that holds that many bitcoins.

Also, is there and why to scan as many addresses as possible and getting the amount of btc those address have.
Bitcoin balance checker.

It’s highly unluckily that such an address with that many btc exists but it’s also a possibility.
You're either an A.I or a guy that has ran out of ideas to fulfill his posts. Or even worst, both.
sr. member
Activity: 1820
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March 21, 2021, 12:13:09 PM
#25
There is a possibility that Satoshi owns this many coins, although it based on blockchain research and some educated guesses, and is not known for sure.

I also came to the same conclusion there’s a good possibility that satoshi owns that many bitcoin but i doubt he’ll store it in a single address obviously for security purposes.
Also, is there and why to scan as many addresses as possible and getting the amount of btc those address have.
It’s highly unluckily that such an address with that many btc exists but it’s also a possibility.
legendary
Activity: 2268
Merit: 18711
March 21, 2021, 12:01:52 PM
#24
I see that it got your attention since the total supply of bitcoins is only 10,000,000 so that wallet holds the 10% of the total supply.
The total supply is (just short of) 21 million. The current circulating supply is 18.66 million.

There's no source to this assumption and might this theory is true or just a rumor.  It might be Satoshi holds a Million of Bitcoins but not on a single wallet.
I wouldn't say there is "no source". There have been a number of analyses of early mining activity, which is where the figures of Satoshi owning 500,000 - 1 million BTC come from:

https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
https://cryptowords.github.io/the-return-of-the-deniers-and-the-revenge-of-patoshi
https://blog.bitmex.com/satoshis-1-million-bitcoin/

Whether or not these are accurate is another discussion.

OP and some others replying are confusing these two concepts.
Not only that, but people also do not understand that "wallets" are completely fluid, and there is no requirement for a wallet to only include addresses generated from a single entropy source or seed phrase. We could simply import a bunch of private keys (if we knew them) in to the same wallet and create a wallet with over 1 million bitcoin without making a single transaction.
sr. member
Activity: 1288
Merit: 305
yes
March 21, 2021, 01:56:45 AM
#23
How can anyone aside the actual owner of the said wallet guess who is the person behind the coins? I believe you're asking rhetorical questions, BTW what happened to privacy policy involved in dealing with Bitcoin and cryptocurrency generally? Are you a government agency looking for how to nab someone behind the wallet? Take some few sits back and have a nice nap you're not making any sense with this.
member
Activity: 512
Merit: 44
March 21, 2021, 01:49:44 AM
#22
I think no wallet will just store the funds in a single wallet for sure there will be spread out there to avoid getting problems with the transactions. If you are talking about worth a million I guess there is someone but if you are talking about exactly 1 M of BTC I guess the only have is Satoshi Nakamoto.

Better spread out the money and avoid stick into a single wallet
member
Activity: 1120
Merit: 68
March 21, 2021, 01:00:50 AM
#21
Its safe to assume that this is just a mere speculation. How could you say you'd learned it as we can checked the blockchain explorer for those top wallets holding tons of bitcoin doesn't have a wallet with million accumulation alone. That's gonna be a huge money and a person holding a million of BTC is gonna be a top position to either dump or pump it on market.
And if there really is a 1 million bitcoin wallet then the news outlets would be covering that story a long time ago. Not to mention that it isn't smart to put that amount of bitcoin in just one wallet, that is like giving away free money to someone who attacks you.
legendary
Activity: 3472
Merit: 10611
March 21, 2021, 12:53:20 AM
#20
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Its safe to assume that this is just a mere speculation. How could you say you'd learned it as we can checked the blockchain explorer for those top wallets holding tons of bitcoin doesn't have a wallet with million accumulation alone. That's gonna be a huge money and a person holding a million of BTC is gonna be a top position to either dump or pump it on market.

If there is one and that is ko other than Satoshi but he surely dispersed it through different wallet as precautions.
That's because there is a difference between "wallet" and "address" in bitcoin. We have no way of knowing how many wallets they are, how many addresses a certain wallet contains and how much bitcoin that wallet has in total. All we can see from the blockchain are addresses and their history (also their balance).
OP and some others replying are confusing these two concepts. Also there is an old guess that later on turned into FUD that Satoshi holds 1 million bitcoins which is what OP has heard.
legendary
Activity: 2268
Merit: 1379
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March 21, 2021, 12:42:50 AM
#19
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Its safe to assume that this is just a mere speculation. How could you say you'd learned it as we can checked the blockchain explorer for those top wallets holding tons of bitcoin doesn't have a wallet with million accumulation alone. That's gonna be a huge money and a person holding a million of BTC is gonna be a top position to either dump or pump it on market.

If there is one and that is ko other than Satoshi but he surely dispersed it through different wallet as precautions.
hero member
Activity: 2604
Merit: 816
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March 21, 2021, 12:32:28 AM
#18
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
Maybe Satoshi or other people who we do not know. But I do not care about who is the owner of that wallet and that is not important for me. I only care about making more and more bitcoin, and I am trying to do that for a long time ago in many ways. You do not have to think about who you and the owner should try to earn more bitcoin like other people do because when bitcoin price start to rally to the high price, and you have many bitcoins, that will give you to have a chance to make a big profit.
hero member
Activity: 2366
Merit: 594
March 20, 2021, 10:51:27 PM
#17
Why would you want to know who it might be? If there is really a single person that holds this huge amount of bitcoin then it is normal to not tell it to anyone. If he exposes it to the public, many hackers would attempt to steal his bitcoin in many ways. It could put not just his life in danger but also to those who are related to him. There are many reported cases on other countries that are related to this and they go to the extent that the thieves physically harass the victim just to give his bitcoin and the bitcoin they try to steal is not that big. Imagine if it's 1 million, trusting anyone would be difficult even if it is your relatives.
full member
Activity: 574
Merit: 125
March 20, 2021, 10:30:02 PM
#16
That is only an assumption cause he did not even put any link on his thread for the confirmation. If there would be a person who is holding one million BTC then I don't think that he will only use a one wallet address, for sure he will separate it to a different wallet address because storing such a huge amount of money for only one wallet address is such a very risky thing and no one have good knowledge to earn that huge amount of bitcoin would take a risk for that.
legendary
Activity: 1974
Merit: 2124
March 20, 2021, 10:25:10 PM
#15
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
From where do you get to know such fake news because there is no such wallet which have 1 million Bitcoin attached with it.Its assumed that only Sathoshi have 1million Bitcoin with him but he would not be holding them in a single walllet for security purposes and to disclose his Indentity which he successfully managed to hide from past 12 years.The only address with highest btc is in Binance Cold wallet with more than 143k Bitcoins with them.

Top 100 Richest Bitcoin address

The FBI seized Bitcoins from Silk road were also auctioned to different bidders around 70,000 Bitcoins so not a single person holds such big amount other than the pseudonym Sathoshi Nakamoto as stated by blockchain explorer.
legendary
Activity: 2492
Merit: 1232
March 20, 2021, 06:40:36 PM
#14
I recently learned that there is one wallet in the world with 1 million BTC attached. Who do you think it could be?
You need to get your facts straight, you are a newbie so we get it but it is important to look for this information by yourself, it is believed by some that satoshi does in fact posses 1 million bitcoins making him by far the biggest holder in the world.
There's no source to this assumption and might this theory is true or just a rumor.  It might be Satoshi holds a Million of Bitcoins but not on a single wallet.

The good thing about Bitcoin is you can hide your wealth without knowing others, who knows if there's a Bitcoin address hold that big amount but I doubt it was a long time ago or the pioneer of Bitcoin.

Forget about it who held a huge amount of Bitcoin in a single wallet, that's none of our business.  It's good if we accumulate our own and aim to store one million Bitcoin in just a single wallet and publicly reveal it.
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