Topic: 640 Dormant bitcoin wakes up, writes "Happy" and "Thanks" in blockchain (Read 201 times)
July 14, 2021, 08:46:10 PM
It must be one happy individual.
July 14, 2021, 04:55:49 PM
back then they were worth about $4800 for 800 coins. so lets call it $4k of coins from 2012
i thought the only drama would be on the "satoshi stash" of 2009-2010
or drama over say any date 5000 coins
never thought 2012 under 800(~640) would be noteworthy
ok if people think moving funds under 800coins held from 2012 is drama worthy..
then i have to be a bit more careful with my stash from that era too
it was pretty norm for lots of people to have invested around $4k+ in 2012..
(noting the output format and the 1sat/byte fee)
from the looks of it. he is just moving his funds from legacy to bech32 while the fees are low
basically looks like he is now updated his node software and wants to use the new keyformat without having to pay a high premium that previous months/years would have cost
i thought the only drama would be on the "satoshi stash" of 2009-2010
or drama over say any date 5000 coins
never thought 2012 under 800(~640) would be noteworthy
ok if people think moving funds under 800coins held from 2012 is drama worthy..
then i have to be a bit more careful with my stash from that era too
it was pretty norm for lots of people to have invested around $4k+ in 2012..
(noting the output format and the 1sat/byte fee)
from the looks of it. he is just moving his funds from legacy to bech32 while the fees are low
basically looks like he is now updated his node software and wants to use the new keyformat without having to pay a high premium that previous months/years would have cost
July 14, 2021, 04:08:07 PM
The transactions probably has nothing to do with the 2 addresses, which seem to contain a cryptic message. I think the other 2 addresses are being used to perform a dust attack on all the addresses involved in the stated transactions (That of the input and the 2 outputs). Probably they want to track/trace the transaction trail.
July 13, 2021, 02:03:58 PM
Alternate story: There are two owners. The original tried to restore his, her, or their disk from an original purchase or mining from so long ago. The recovery service uploaded the disk to a shared space (like onedrive), where someone found (and stole from) the unencrypted wallet.
An unlikely story though! But, can you imagine?
An unlikely story though! But, can you imagine?
July 13, 2021, 01:46:27 PM
Someone is probably ecstatic after finding out that their then random tinkering and curiosity sprang into something which basically set them for life. Seeing that the first activity from this address is in 2012, I assume that the owner pretty much knows about a lot of tricks in bitcoin, believed in it, but decided to move on to other things in the mean time while still keeping their access on the coins. Not really a huge amount to significantly move markets but still a considerable one in today’s valuation of bitcoin.
July 13, 2021, 01:29:19 PM
Also this event proves that not all wallets which havent had any transactions associated
with them contain "Lost" Bitcoin and cannot be called dormant.
....740BTC why now and not at the ATH?
maybe they only found a password recently after hours, weeks and months of searching....
with them contain "Lost" Bitcoin and cannot be called dormant.
....740BTC why now and not at the ATH?
maybe they only found a password recently after hours, weeks and months of searching....
legendary
Activity: 2268
Merit: 2327
Marketing Campaign Manager |Telegram ID- @LT_Mouse
July 13, 2021, 01:11:34 PM
Probably an exchange moving BTC between different internal accounts eg, cold storage to hot wallet or visa-versa?
No, the first deposit on that address was from 2012, I think an old believer who believed into bitcoin is now enjoying their profit of few thousands X. However, the amount isn't that quite high to be worried about as it's only 740 BTC.You may be right in your second guess I think.
July 13, 2021, 12:15:22 PM
https://www.blockchain.com/btc/address/16Pq7784cooLqxKcBkgveJwK8DcjGL2w9M
https://www.blockchain.com/btc/address/1BKTe8U8BZxWqdt2u6w1nLcrewKBFJQKPx
These two addresses are associated with the feeding addresses from 2012, with words in them: "cool" and "crew".
The funny thing about "crew" is that it's surrounded by "L" and "K", when "J" would be the common joke -- if that was intended.
The inputs from "crew" have many values associated with them -- a tag or test?
https://www.blockchain.com/btc/address/1BKTe8U8BZxWqdt2u6w1nLcrewKBFJQKPx
These two addresses are associated with the feeding addresses from 2012, with words in them: "cool" and "crew".
The funny thing about "crew" is that it's surrounded by "L" and "K", when "J" would be the common joke -- if that was intended.
The inputs from "crew" have many values associated with them -- a tag or test?
July 13, 2021, 12:09:42 PM
Probably an exchange moving BTC between different internal accounts eg, cold storage to hot wallet or visa-versa?
No.Or, someone cashed out a very nice long-held stash for their retirement
May be.https://blockchair.com/bitcoin/address/157XG8DEk6FhcoHfNpZW6v6fuBd9184DsT is a 2012 address. First Tx to this was https://blockchair.com/bitcoin/transaction/980214ec86ea6ba8df907e98bfbdea37ea52f9b13ed50c290ed427cee569f816. No current exchange used to exist at that point. Some very old HODLer moving his/her money. No confirmation of cashing out though.
July 13, 2021, 11:58:57 AM
Probably an exchange moving BTC between different internal accounts eg, cold storage to hot wallet or visa-versa?
Or, someone cashed out a very nice long-held stash for their retirement
= 
Or, someone cashed out a very nice long-held stash for their retirement
= July 13, 2021, 11:53:10 AM
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