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Topic: 12 years ago mined 50 Bitcoin just moved - page 3. (Read 776 times)

legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
August 23, 2022, 04:08:20 AM
#10
Very interesting info. I appreciate it when something like that happens . that wallet holder is really lucky . coz When he mined 50 bitcoins the price was very low but now when he transferred the bitcoins it is worth more than million dollars. But if he had access to his wallet a few months earlier ,when the price of bitcoin was over $65k he could have sold his bitcoins for 3x from present price.
legendary
Activity: 2254
Merit: 1256
August 23, 2022, 03:59:11 AM
#9
What I find really interesting about this and similar historical Bitcoin which havent
moved is that the owners are and were able to HODL for so long through the various highs
we have seen, notably the recent $69,000 high.

I like also how a move like this generates a lot of speculation, I wonder if the owner is on the
forum looking at this thread?

Who knows what the reason for this move is, it could be any number of reasons.
legendary
Activity: 2044
Merit: 1981
Marketing Campaign Manager |Telegram ID- @LT_Mouse
August 23, 2022, 03:33:44 AM
#8
whoever sent them to this address and maybe thought that they won't move  Smiley
Dust are mostly sent to track the address movement. You can check a lot of small BTC tx in many old addresses and they are sent for the same purpose, tracking the address.

I don't see why people make a lot of noises when they see a tx from an old address. It’s the same as our traditional currency, gold or whatever you can compare to. It’s hard to hold but they did and it paid off.
sr. member
Activity: 728
Merit: 421
August 23, 2022, 03:03:45 AM
#7
12 years ago mined 50 Bitcoin just moved from address 18eXJskHRVvKrqmxD9T6K6UQ6GBC6ya2WS to 1Jr5UBqpQL63BwMgChK653q6pCrwrKVkzg (49.49999994 BTC) and 35tostxpUGa3NAzuuWMUjPF7jJacZ2FzGS (0.5 BTC) and used 0.000011 BTC fees. The transaction includes 2 dust inputs (0.00000547 BTC each, sent in 2020 and 2021), whoever sent them to this address and maybe thought that they won't move  Smiley


Bitcoin address: 18eXJskHRVvKrqmxD9T6K6UQ6GBC6ya2WS

mined: Jul 12, 2010 5:15 PM UTC - Coinbase Block id 65,974
txid: e791dd210ff6cfff912d6b1c6f4194df6ef79485580a01335b8e4840a5cf1940

moved after 12 years: Aug 22, 2022 1:31 PM UTC
txid: 4b18f0224cf7607d962e6b1e40b07128c8aca0daa7ede146787a1aca9cdac4bd


Valued 0.50 USD at the time of mining, more than 3 million USD last year and ~1 million USD now ... congratulations to the owner!


btw. it wasn't me  Smiley

Sleeping wallets now beginning to activate. This goes to show how patient one could be to get more value to an asset. The owner of that wallet did just well. Congratulations to whom ever own that wallet.
Patience is a virtue.
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
August 23, 2022, 02:59:21 AM
#6
To have 50 bitcoins untouched for so long requires patience. And money too, because I can't imagine someone having trouble making ends meet and having 50 bitcoins untouched. Another possibility is someone who somehow lost their private keys and found them again or something like that.

It's always the same with Satoshi. When old bitcoins are moved, there is always speculation that it is him, but I don't think he is going to touch the first bitcoins he mined.
legendary
Activity: 3444
Merit: 10558
August 23, 2022, 02:39:21 AM
#5
Just imagine for one moment that this is Satoshi Nakamoto and that we will see those coins being donated to the trust that are defending the developers against FakeToshi (CW).... it will be the best evidence that CW is not Satoshi Nakamoto.
That would be interesting but considering this was the reward for block #65,974 mined in July 2010, it is more likely this block was mined by anybody other than Satoshi Nakamoto. Besides if Satoshi wanted to show any support he would do what all those miners did last year and signed a message announcing that CSW is a scumbag scammer.
https://www.coindesk.com/policy/2020/05/25/craig-wright-called-fraud-in-message-signed-with-bitcoin-addresses-he-claims-to-own/

P.S. I wonder if the owner is going to claim the shitcoin airdrops, there's more than $8k worth of shitcoins in that address ($6k bcash + $2.7k bcashsv + some smaller shitcoins).
legendary
Activity: 2072
Merit: 1315
August 23, 2022, 02:30:24 AM
#4
Wow maybe the owner didnt realize that he has a bitcoin that mined before and only think of it when he saw news on bitcoin and its price now.  He is now a millionaire instantly.

I wonder why they're still using an older address(the ones that start with 1 or 3), and not a new one (the ones that start with bc1).
Thats legacy supported or segwit I think.  I think its fine,  even a lot of users still using some of those btc type of wallets.  Even exchange still has legacy supported deposit address.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
August 23, 2022, 02:04:24 AM
#3
Just imagine for one moment that this is Satoshi Nakamoto and that we will see those coins being donated to the trust that are defending the developers against FakeToshi (CW).... it will be the best evidence that CW is not Satoshi Nakamoto.  Grin

It is just great to see that people still access those early coins and that they are not lost or inaccessible. Yes, the hoarders of coins will be happy if those coins stay out of circulation, because it increase the value of their coins... but we need more coins in circulation to promote Bitcoin as a currency.  Wink
hero member
Activity: 980
Merit: 957
August 23, 2022, 12:58:31 AM
#2
Interesting, thanks for sharing.

I wonder why they're still using an older address(the ones that start with 1 or 3), and not a new one (the ones that start with bc1).

My guess is that this is someone that found an old miner PC or something like that, and moved the coins around using the same configuration/wallet.
full member
Activity: 233
Merit: 253
August 22, 2022, 07:58:12 PM
#1
12 years ago mined 50 Bitcoin just moved from address 18eXJskHRVvKrqmxD9T6K6UQ6GBC6ya2WS to 1Jr5UBqpQL63BwMgChK653q6pCrwrKVkzg (49.49999994 BTC) and 35tostxpUGa3NAzuuWMUjPF7jJacZ2FzGS (0.5 BTC) and used 0.000011 BTC fees. The transaction includes 2 dust inputs (0.00000547 BTC each, sent in 2020 and 2021), whoever sent them to this address and maybe thought that they won't move  Smiley


Bitcoin address: 18eXJskHRVvKrqmxD9T6K6UQ6GBC6ya2WS

mined: Jul 12, 2010 5:15 PM UTC - Coinbase Block id 65,974
txid: e791dd210ff6cfff912d6b1c6f4194df6ef79485580a01335b8e4840a5cf1940

moved after 12 years: Aug 22, 2022 1:31 PM UTC
txid: 4b18f0224cf7607d962e6b1e40b07128c8aca0daa7ede146787a1aca9cdac4bd


Valued 0.50 USD at the time of mining, more than 3 million USD last year and ~1 million USD now ... congratulations to the owner!


btw. it wasn't me  Smiley
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