dormant addresses are waking up? - page 4.

MrFreeDragon

sr. member

Activity: 443

Merit: 350

Quote from: supika on October 26, 2019, 12:00:29 PM

-snip-

As you are not the author of this collection (did not find these addresses by yourself in blockchain), it is always good style to make the reference to the original post: https://bitcointalksearch.org/topic/m.52879592

However, thank you for transorming all the public keys to final addresses.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: ?? on ??

Anyone who hodls may one day findd out that he needs some money. So, don't see anything suspicious.

Not only that, but many old hands come to realization that holding a significant number of coins in one address isn't the best thing to do, so what happens is that they create new key pairs to have a safer distribution of coins, which shows how clueful they are. This largely explains why there are so many new addresses popping up with 500-1000BTC in them.

People always assume that coins will get sold once they start moving, but that isn't necessarily the case. Even if they are being sold, people are free to do with their coins whatever they want. There is no such a thing as an obligation to hold. The more old hands sell, the less wealth inequality there is within Bitcoin. Instead of one person owning thousands of coins, hundreds or even thousands of people will own a chunk of that person's stash.

garryck

newbie

Activity: 12

Merit: 2

Quote from: muslol67 on October 26, 2019, 03:05:02 PM

What a huge needs then Grin

They can buy a small football club with that amount of BTC Grin

Do we really know that they are connected? If yes - are we sure that that's one person and not a fund? If it's 10 people the amount is not so big. If it's 5 people - then every participant gets a little lower than an amount that is needed to buy some real estate and nice things and start little profitable business without caring much about fucking it up or getting up before 12 o'clock or doing things he or she doesn't want to.

chaoscoinz

sr. member

Activity: 1150

Merit: 260

☆Gaget-Pack☆

Quote from: supika on October 26, 2019, 12:00:29 PM

Hi,

All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.
BCH is still there except 1 address.

No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?

12CpK8apTJfaMSiPYhGMDdaRRFYoS721Px
13GUJutC6GKgJQTcGzCtznDDYFQKVJFVwp
13Sa73PU9Ar5sE4SdFcBdbg9ntbNcMQhaA
14k4GhqA1svNZPbssdAjgdnfzWTpAigZVH
14nppk7sMVv91n1Nch6DQKaFto3wVmh8yT
16KVwFVDfU3DKrvnGGSM7hsGp3MnvHczuB
17tXBRCQzQz87zYetp3wwJRms4fcWN4a8v
18ws2qaW2xBRWGCmfjnDiDHa55A5iSJogP
18xEu7DB8u58ivNa3VwEFeEc4ZbjtMVtPD
19w2MURRz5LsjNHCckmp65YX4WCc7kJdJF
1APGxVLKXhXepeaAjV6z3s4d7xCYXXDwmj
1Aw7mXtLMDjTBNcaqjv6cT935BEQQr5vRF
1B3m4F831f9u6ySnpYbUwgriJAgS3tuso5
1BpqxJp2LEban4mJou5rDHYmzA9eTwKbXY
1CbvcQXEYrqXqbBczHL8to3xeVZ3EsgrhH
1DKwr32h5F6uuUmePdT7esZ21AfK7ovASK
1FRtwC64bWcMb7RGBcwLJTup6tYrCMs9ge
1HQT2UZEK4i3yHnYbVTaXNccgnM45th94f
1MtUY5R3xixWfthqrprVPWMMTwR5A7GU2x
1nYrmtXVjX9G3Q86tdKcKQRCq2MPVvNp9

What are your opinions?

The guy probably waited until the regulations were a little bit clearer. My guess is that m way back in 2011 their wasn't much regulatory guidance. I don't think the IRS, SEC, or CFTC gave much advice around this time. After all, Bitcoin would only be 2 years of age.
Giving the owner of these address the benefit of the doubt, he is most likely an early investor.

muslol67

hero member

Activity: 1582

Merit: 670

Quote from: uray on October 26, 2019, 02:35:38 PM

Quote from: muslol67 on October 26, 2019, 12:10:38 PM

Interesting. 2982 BTC is not a huge amount to influence the price of Bitcoin. But these are only what you have identified. More may have taken action.
I wonder that what is their purpose?

Even if the purpose was to sell those coins in the market what is stopping them as they own the coin and 2982 BTC might not be a huge amount of coins to influence in the market what if these coins are shifted to future exchanges like bitmex, you could manipulate the market with the amount.

One of the things I don't know is margin trading. But first we need to look at the daily margin trading volume to talk about it. I think this figure is too low even for margin trading.

Quote from: ?? on ??

Anyone who hodls may one day findd out that he needs some money. So, don't see anything suspicious.

What a huge needs then Grin

They can buy a small football club with that amount of BTC Grin

uray

hero member

Activity: 1400

Merit: 505

Quote from: muslol67 on October 26, 2019, 12:10:38 PM

Interesting. 2982 BTC is not a huge amount to influence the price of Bitcoin. But these are only what you have identified. More may have taken action.
I wonder that what is their purpose?

Even if the purpose was to sell those coins in the market what is stopping them as they own the coin and 2982 BTC might not be a huge amount of coins to influence in the market what if these coins are shifted to future exchanges like bitmex, you could manipulate the market with the amount.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: Wysi on October 26, 2019, 01:00:06 PM

It's surprising and alarming as well because I feel there is something really big which is been planned as these accounts have been active after so many years and I am sure 2982 bitcoins might not change the market situation but these are the only address which you have notified and there might be hundreds of other address as well and these might belong to one organization which is involved in manipulating the market.

This is not strange. Why do you think it's manipulation? There can be many reasons for an old account to wake up.
I'll give you some:
The owner died and the family gained access to the money. The family may not care about bitcoin and just wants the money
The owner got sick and needs money for treatment.
The owner got sick and knows he/she doesn't have much time left so it's now or never.
The owner finally had enough of waiting.
The money is being moved from one address to another. Sometimes to segwit, sometimes to something else.
The owner got a better investment opportunity like a family company that is in need of money.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

He might have planned this, remember there are most people that are interested in Bitcoin all of a sudden then wants to hold their Bitcoin for so many years maybe some on these address was just like that and how did you know it is only owned by 1 person only? we may never know that this is just a coincidence that the owner of this certain wallet started to be active again,

But let's just say it is a planted whale and it is to be used in a certain time but regarding the transaction is you had based on that maybe it is just one person after all, but this is just all speculation and I think we need further proof on it.

ashmodeus

hero member

Activity: 1638

Merit: 518

well well, i dunno what behind the owner minds.
he do a mass sell right now, after 8 years, but on 2017 he absolutely see the prices is 2x higher than nowadays prices, and he just hodl it.
a simple reason :
probably he think the price will go higher ,but now, he seems tired for hodl and take action to sell. although , transactions are not carried out simultaneously.
but well , its just based from my opinion.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: supika on October 26, 2019, 12:00:29 PM

Hi,

All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.
BCH is still there except 1 address.

No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?

12CpK8apTJfaMSiPYhGMDdaRRFYoS721Px
13GUJutC6GKgJQTcGzCtznDDYFQKVJFVwp
13Sa73PU9Ar5sE4SdFcBdbg9ntbNcMQhaA
14k4GhqA1svNZPbssdAjgdnfzWTpAigZVH
14nppk7sMVv91n1Nch6DQKaFto3wVmh8yT
16KVwFVDfU3DKrvnGGSM7hsGp3MnvHczuB
17tXBRCQzQz87zYetp3wwJRms4fcWN4a8v
18ws2qaW2xBRWGCmfjnDiDHa55A5iSJogP
18xEu7DB8u58ivNa3VwEFeEc4ZbjtMVtPD
19w2MURRz5LsjNHCckmp65YX4WCc7kJdJF
1APGxVLKXhXepeaAjV6z3s4d7xCYXXDwmj
1Aw7mXtLMDjTBNcaqjv6cT935BEQQr5vRF
1B3m4F831f9u6ySnpYbUwgriJAgS3tuso5
1BpqxJp2LEban4mJou5rDHYmzA9eTwKbXY
1CbvcQXEYrqXqbBczHL8to3xeVZ3EsgrhH
1DKwr32h5F6uuUmePdT7esZ21AfK7ovASK
1FRtwC64bWcMb7RGBcwLJTup6tYrCMs9ge
1HQT2UZEK4i3yHnYbVTaXNccgnM45th94f
1MtUY5R3xixWfthqrprVPWMMTwR5A7GU2x
1nYrmtXVjX9G3Q86tdKcKQRCq2MPVvNp9

What are your opinions?

It's surprising and alarming as well because I feel there is something really big which is been planned as these accounts have been active after so many years and I am sure 2982 bitcoins might not change the market situation but these are the only address which you have notified and there might be hundreds of other address as well and these might belong to one organization which is involved in manipulating the market.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

It seems as though someone immediately remembered that they have bitcoins and started sending them out somewhere else, or it could have been that some early adopters are now transferring their coins hence the movement by now. It could be a lot of things and this is not something new but apparently the timing is somewhat perfect and in-line with the recent pump that we've seen for bitcoin. Usually it goes the other way around but yeah, the movement has been a month or so ago that we don't know exactly what happened to those coins that were sent out.

muslol67

hero member

Activity: 1582

Merit: 670

Quote from: supika on October 26, 2019, 12:00:29 PM

Hi,

All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.
BCH is still there except 1 address.

No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?

[snipped]

What are your opinions?

Interesting. 2982 BTC is not a huge amount to influence the price of Bitcoin. But these are only what you have identified. More may have taken action.
I wonder that what is their purpose?

supika

newbie

Activity: 43

Merit: 0

Hi,

All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.
BCH is still there except 1 address.

No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?

12CpK8apTJfaMSiPYhGMDdaRRFYoS721Px
13GUJutC6GKgJQTcGzCtznDDYFQKVJFVwp
13Sa73PU9Ar5sE4SdFcBdbg9ntbNcMQhaA
14k4GhqA1svNZPbssdAjgdnfzWTpAigZVH
14nppk7sMVv91n1Nch6DQKaFto3wVmh8yT
16KVwFVDfU3DKrvnGGSM7hsGp3MnvHczuB
17tXBRCQzQz87zYetp3wwJRms4fcWN4a8v
18ws2qaW2xBRWGCmfjnDiDHa55A5iSJogP
18xEu7DB8u58ivNa3VwEFeEc4ZbjtMVtPD
19w2MURRz5LsjNHCckmp65YX4WCc7kJdJF
1APGxVLKXhXepeaAjV6z3s4d7xCYXXDwmj
1Aw7mXtLMDjTBNcaqjv6cT935BEQQr5vRF
1B3m4F831f9u6ySnpYbUwgriJAgS3tuso5
1BpqxJp2LEban4mJou5rDHYmzA9eTwKbXY
1CbvcQXEYrqXqbBczHL8to3xeVZ3EsgrhH
1DKwr32h5F6uuUmePdT7esZ21AfK7ovASK
1FRtwC64bWcMb7RGBcwLJTup6tYrCMs9ge
1HQT2UZEK4i3yHnYbVTaXNccgnM45th94f
1MtUY5R3xixWfthqrprVPWMMTwR5A7GU2x
1nYrmtXVjX9G3Q86tdKcKQRCq2MPVvNp9

What are your opinions?

Topic: dormant addresses are waking up? - page 4. (Read 1060 times)