Topic: Anyone know what happened to knightmb and his 371,000 BTC? - page 10. (Read 81631 times)
I was just wondering about him, too. Anyone know anything?
Anything new on knightmb and his 371 kBTC?
wow, you just remembered him? what did trigger that memory?
Anything new on knightmb and his 371 kBTC?
har har..laught it up, but if you bothered to actually read my post you'd understand that I was saying what I would do if I had that much in hindsigh of the experience I've went through. Obviously I would not repeat that mistake.
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ah no ... you had 25,000 and you left them lying around on an insecure computer that is what you would do ....
WoW you guys are necros but this is a good post 
makes me wonder what I'd ever do If I had that kinda of power!
makes me wonder what I'd ever do If I had that kinda of power!
Sell out why? .... they can just trickle them in over a long period of time ... as and when is needed.
True, but time carries risk.
@SgtSpike, that could be true..but in that case it will turn into a game of who can hold out the longest / resist the urge to sell. Honestly if I had 300K I'd sell half and keep the other in a paper wallet and just forget about it for several years. It's a pretty big gamble but it could pay off huge in the end - assuming that you don't need to sell BTC to survive or sustain your lifestyle.
ah no ... you had 25,000 and you left them lying around on an insecure computer that is what you would do .... mouthing off about what big holders of BTC are doing is not such a good look given your purported circumstances.
Sell out why? .... they can just trickle them in over a long period of time ... as and when is needed.
True, but time carries risk.
@SgtSpike, that could be true..but in that case it will turn into a game of who can hold out the longest / resist the urge to sell. Honestly if I had 300K I'd sell half and keep the other in a paper wallet and just forget about it for several years. It's a pretty big gamble but it could pay off huge in the end - assuming that you don't need to sell BTC to survive or sustain your lifestyle.
Sell out why? .... they can just trickle them in over a long period of time ... as and when is needed.
The big holders are probably the ones responsible for not letting the price get up too high. Many of them are probably trickling themselves a nice $10k/month or so.
Sell out why? .... they can just trickle them in over a long period of time ... as and when is needed.
No, last time I read the guy had it offline and backed up in multiple locations...
Still though if the value of btc crashes to 0 he's still screwed...
Still though if the value of btc crashes to 0 he's still screwed...
Not more screwed than the rest of us, though.
Yep..I'm willing to bet some BTC that he already cashed out a decent chunk of that. Tis all wild speculation, but I salute him for managing to carry the torch till the end.
What end?
The end of bitcoin (assuming such an eventuality)....
You think he can cash out that gigantic stash in case of a panick!? He's going down with the ship and there isn't one damn thing he can do about it. The big holders know that at least for now they're sort of stuck. They have to be long term bitcoin bulls. They can't sell out any time soon that is for sure.
But let's not think such negative thoughts.
No, last time I read the guy had it offline and backed up in multiple locations...
Still though if the value of btc crashes to 0 he's still screwed...
Still though if the value of btc crashes to 0 he's still screwed...
Not more screwed than the rest of us, though.
Yep..I'm willing to bet some BTC that he already cashed out a decent chunk of that. Tis all wild speculation, but I salute him for managing to carry the torch till the end.
What end?
No, last time I read the guy had it offline and backed up in multiple locations...
Still though if the value of btc crashes to 0 he's still screwed...
Still though if the value of btc crashes to 0 he's still screwed...
Not more screwed than the rest of us, though.
Yep..I'm willing to bet some BTC that he already cashed out a decent chunk of that. Tis all wild speculation, but I salute him for managing to carry the torch till the end.
No, last time I read the guy had it offline and backed up in multiple locations...
Still though if the value of btc crashes to 0 he's still screwed...
Still though if the value of btc crashes to 0 he's still screwed...
Not more screwed than the rest of us, though.
No, last time I read the guy had it offline and backed up in multiple locations...
Still though if the value of btc crashes to 0 he's still screwed...
Still though if the value of btc crashes to 0 he's still screwed...
damn
you are one lucky and smart bastard
i would not come back to respond knowing my ip would be tracked
i would hire some security experts and get the fuck out of America
you are one lucky and smart bastard
i would not come back to respond knowing my ip would be tracked
i would hire some security experts and get the fuck out of America
Sure hope he didnt have it all sitting on MTgox! lol
Damn, you are set for life 
I barely have one bitcoin
me too :[[ I barely have one bitcoin
Damn, you are set for life
I barely have one bitcoin
I barely have one bitcoin
I think it was mostly a joke...
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