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Topic: Address of winklevoss bitcoins? (Read 4427 times)

member
Activity: 119
Merit: 100
November 09, 2014, 07:27:21 PM
#26
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
Have they been questioned on there role if any at BitInstant? If they were big investers they would of had a say in the running of it. Might raise a few questions before the launch of EFT.
IIRC, they made a statement shortly after Charlie was arresting saying that they did not have any prior knowledge of his actions on SR1

Then they must have been directly involved principals. If they were just silent partners they wouldn't have felt the need to make a statement. That makes sense because venture capitalists are expected to bring managerial and technical expertise as well as capital to their investments. I bet Mark Zuckerberg laughed his ass off when that happened. lol
I would not be at all surprised if zuckerburg laughed when Charlie was arrested because it pointed out a failure of the winklevoss twins.

Also the winklevoss twins do not strike me as the type would would want to be making passive investments so I would assume that most of their portfolio would be made up of VC like deals
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
November 09, 2014, 06:47:34 PM
#25
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
Have they been questioned on there role if any at BitInstant? If they were big investers they would of had a say in the running of it. Might raise a few questions before the launch of EFT.
IIRC, they made a statement shortly after Charlie was arresting saying that they did not have any prior knowledge of his actions on SR1

Then they must have been directly involved principals. If they were just silent partners they wouldn't have felt the need to make a statement. That makes sense because venture capitalists are expected to bring managerial and technical expertise as well as capital to their investments. I bet Mark Zuckerberg laughed his ass off when that happened. lol
full member
Activity: 155
Merit: 100
November 09, 2014, 04:50:41 PM
#24
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
Have they been questioned on there role if any at BitInstant? If they were big investers they would of had a say in the running of it. Might raise a few questions before the launch of EFT.
IIRC, they made a statement shortly after Charlie was arresting saying that they did not have any prior knowledge of his actions on SR1
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
November 09, 2014, 04:09:04 AM
#23
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
Have they been questioned on there role if any at BitInstant? If they were big investers they would of had a say in the running of it. Might raise a few questions before the launch of EFT.
full member
Activity: 197
Merit: 100
November 08, 2014, 07:59:53 PM
#22
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
I would assume they lose their entire investment as it was taken offline as soon as charlie was arrested and I assume that it has little value now above what of potentially had as far as bitcoin and fiat (both of which have depreciated since bitistant was shut down)
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
November 06, 2014, 02:10:28 AM
#21
They were investors in BitInstant, right? I wonder how much money they lost when it imploded? 
sr. member
Activity: 406
Merit: 250
AltoCenter.com
November 06, 2014, 01:33:54 AM
#20
I don't see any reasons to be concerned about this. Plz let it be. And id they come out, then we can waste few threads on them. Wink
legendary
Activity: 1372
Merit: 1000
November 06, 2014, 12:52:03 AM
#19
Why would one need to know this? Are you planning on sending them money?
It would be nice to see them prove they exist before people go and put funds into their ETF.
sr. member
Activity: 366
Merit: 250
November 05, 2014, 09:45:28 PM
#18
It's also funny how Winklevoss made no mention of ETF during speech.

They were interviewed this week and said its still being evaluated for approval.  He intimated that they were running into some progress hinderances due to the digital / unique nature of the items involved in the ETF and the groups doing the approval having some issues, thus causing delays.  But that overall, the timeline hasn't become any longer or more drawn out than any other typical ETF evaluation process.

When asked if they're still buying Bitcoins, they skirted the question and wouldn't answer.

-B-

I'm sure they are still buying up bitcoins on a daily basis.
Based on the long term trend of the price of bitcoin, I would somewhat doubt this. If they were buying up bitcoin then there would likely be more buying pressure then there is today.
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 05, 2014, 07:04:48 PM
#17
It's also funny how Winklevoss made no mention of ETF during speech.

They were interviewed this week and said its still being evaluated for approval.  He intimated that they were running into some progress hinderances due to the digital / unique nature of the items involved in the ETF and the groups doing the approval having some issues, thus causing delays.  But that overall, the timeline hasn't become any longer or more drawn out than any other typical ETF evaluation process.

When asked if they're still buying Bitcoins, they skirted the question and wouldn't answer.

-B-

I'm sure they are still buying up bitcoins on a daily basis.
hero member
Activity: 924
Merit: 1001
November 05, 2014, 04:21:09 PM
#16
It's also funny how Winklevoss made no mention of ETF during speech.

They were interviewed this week and said its still being evaluated for approval.  He intimated that they were running into some progress hinderances due to the digital / unique nature of the items involved in the ETF and the groups doing the approval having some issues, thus causing delays.  But that overall, the timeline hasn't become any longer or more drawn out than any other typical ETF evaluation process.

When asked if they're still buying Bitcoins, they skirted the question and wouldn't answer.

-B-
legendary
Activity: 1722
Merit: 1000
November 05, 2014, 03:14:57 PM
#15
I recall they've said before that they've stored it on a USB so you're not getting at it if it's offline.

All bitcoins even when the private keys are stored offline are still in the blockchain.

Your chances are 1 in 7.7 * 10^77

GOOD FING LUCK bud.
full member
Activity: 532
Merit: 100
November 05, 2014, 03:06:48 PM
#14
Why would one need to know this? Are you planning on sending them money?
legendary
Activity: 2702
Merit: 1064
Juicin' crypto
November 05, 2014, 03:04:50 PM
#13
I suspect they have sliced their holdings into 100s of small addresses

1000s surely. 100 address with a total of 150k would still contain 1500 bitcoins EACH! I would split it further to 100btc chunks, and generate 100 at a time with different computers!

Yeah, exaclty, I'm pretty sure it's split up rather well lol. 
hero member
Activity: 700
Merit: 500
If you think you know me.. Think again
November 05, 2014, 01:32:34 PM
#12
I suspect they have sliced their holdings into 100s of small addresses

1000s surely. 100 address with a total of 150k would still contain 1500 bitcoins EACH! I would split it further to 100btc chunks, and generate 100 at a time with different computers!
sr. member
Activity: 291
Merit: 250
November 05, 2014, 01:12:29 PM
#11
I suspect they have sliced their holdings into 100s of small addresses
legendary
Activity: 4060
Merit: 1303
November 05, 2014, 08:02:14 AM
#10
Has anyone done any investigation as to what address this is?

It may be two, ten, or hundreds of addresses.  In all likelihood they have it divided among many addresses.  There have been discussions on here about the address before and iirc no one determined a particular address with any certainty. 
Do you have any links to threads discussing possible winklevoss addresses? I would think they would have their bitcoin at an exchange with someone kind of insurance contract that would guarantee the performance of the exchange so they would not have credit risk at the exchange but could still have privacy

The one I was thinking of was linked to above. :-)

Keeping coins on an exchange is always a bad idea since you don't own them. Maybe that will change in the future, but as also stated, they have them in somewhat cold storage.
member
Activity: 139
Merit: 10
November 05, 2014, 06:52:55 AM
#9
I recall they've said before that they've stored it on a USB so you're not getting at it if it's offline.

All bitcoins even when the private keys are stored offline are still in the blockchain.
legendary
Activity: 1540
Merit: 1000
November 05, 2014, 06:18:30 AM
#8
I recall they've said before that they've stored it on a USB so you're not getting at it if it's offline.
legendary
Activity: 1120
Merit: 1000
November 05, 2014, 05:57:40 AM
#7
I think someone would only store a large amount in a single address if he has even more
cold wallets should always be split, it is safer and if you want to use it,you don't have to move all of your coins
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