Author

Topic: Satoshi Nakamato selling 111000 Bitcoins ? (Read 1015 times)

brand new
Activity: 0
Merit: 0
September 08, 2018, 02:07:38 PM
#87
I hope, that will not Satoshi, and don't expect these to be sold for FIAT. Although I've heard, the news was fake. I want to know more about, what is the real truth behind this news.
brand new
Activity: 0
Merit: 0
September 08, 2018, 01:58:44 PM
#85
In my opinion this wallet could simply be an exchange address solid by the police whereas pending examination. Though its more likely it's rather to do with the silk road or a huge official investor.it’s hope they do not start discarding as that would surely completely the market process.
jr. member
Activity: 560
Merit: 1
September 16, 2018, 03:07:42 PM
#80
I don't think it's him, he might have been one of the old metagox or silkroad crew. also I think Satoshi is not a person but a team
sr. member
Activity: 882
Merit: 297
September 16, 2018, 03:01:55 PM
#79
A common view is that if it was Satoshi Nakamato was holding this coins then why will he be selling this coins now when the market has got down more then 80% from ATH. Even if any single/group is holding this much of coins, then would not sell all coins immediately and will sell in the market slowly, So that his profit wont get affected if market crashed very low.
legendary
Activity: 3542
Merit: 1548
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September 16, 2018, 02:51:14 PM
#78
If someone would come up with a sale this amount of Bitcoin it would seriously affect the whole market. And the price probably drastically fell below, but I that whoever owns these coins is really a smart person and he sell all his coins in parts over time without harming the market.
sr. member
Activity: 1274
Merit: 263
September 15, 2018, 05:42:29 PM
#77
No one can tell if from satoshi nakomoto because this person/team still unknown. Maybe thay amount is from the investor when they started bitcoin last 9 years ago that they have that amount because they got that bitcoin with very low price like lower $1. But for sure satoshi nakomoto have a lot of bitcoin in their wallet and he have a lot of money now.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
September 15, 2018, 03:36:04 PM
#76
Has the news been confirmed yet? But i don't think that this is satoshi. There could be other people behind this. I am curious to know that what is the motive behind keeping the low profile?

For me there is nothing to do more with this subject, we saw that this number of coins were being active again and what? We could not get any more information about that.
hero member
Activity: 1008
Merit: 501
September 15, 2018, 11:43:00 AM
#75
I think satoshi nakamoto said that he has moved to other projects and if we consider how amazing of a person he must be to create bitcoin and then we can assume that he moved onto something thats much bigger maybe and he definitely erased bitcoin from his mind. He may even deleted the seeds and so forth for his wallets as well which may mean he doesn't even have control over his coins anymore so he won't be tempted to sell it one day.
However I also do not believe this 110k bitcoins are his, if he ever wanted to sell his coins he wouldn't do it neither now nor in a way we would even know, he would sell the wallet all together before he would even consider selling the coins directly.

jr. member
Activity: 112
Merit: 1
September 09, 2018, 09:10:38 AM
#74
It’s not seems true to me. And if it is then this man can control the market because if he sells his coin the price of bitcoin will be plummeted and the whole market will be crashed and we can do nothing.

It will not be a wise decision to comment on it further. But yes there is a high possibility that Satoshi might have kept some to himself to fix the situation when the market is in shambles or kept it for himself without any reason, given he is the creator.
newbie
Activity: 252
Merit: 0
September 09, 2018, 07:31:59 AM
#73
It’s not seems true to me. And if it is then this man can control the market because if he sells his coin the price of bitcoin will be plummeted and the whole market will be crashed and we can do nothing.
newbie
Activity: 70
Merit: 0
September 09, 2018, 07:08:05 AM
#72
Well this is just a rumor. Many of this kind of news we get always and we don’t find any proof. They are just fake. And even if it’s true, he cannot sell the coins in current price. So just ignore this.
newbie
Activity: 266
Merit: 0
September 09, 2018, 06:57:22 AM
#71
I am not sure but maybe this news is fake. This kind of news spread for making rumor. We never find any proof of this kind of news. So better not waste your time on thinking about this kind of news.
sr. member
Activity: 392
Merit: 250
September 09, 2018, 02:44:04 AM
#70
Is this news verified? I have heard that this case is under investigation. If they have concrete evidence, it may become big news Or this may rumor.


Probably baseless speculation like everything else in crypto.
newbie
Activity: 168
Merit: 0
September 09, 2018, 01:09:08 AM
#69
Is this news verified? I have heard that this case is under investigation. If they have concrete evidence, it may become big news Or this may rumor.
member
Activity: 308
Merit: 10
September 08, 2018, 03:33:23 PM
#68
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

In my own opinion, the wallet that contains 111k btc is not being owned by satoshi nakamoto but it was from an exchanger since that is the only possible way yo save that huge amount of coins.
full member
Activity: 759
Merit: 105
September 08, 2018, 03:31:49 PM
#67
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
As the title says "SILK ROAD SELL-OFF? $800M BITCOIN WALLET SEES MYSTERIOUS MOVEMENT"

It's amazing that someone has it until now while not taking something from it after four long years. Does it belongs to Satoshi or some big whales hiding their old stash and now wanted to get something from it or someone from the silkroad?

I don't think Satoshi would like to sell all of his bitcoin to someone it might get in the wrong hands, it could be used to manipulate the market.
jr. member
Activity: 98
Merit: 1
September 08, 2018, 03:13:22 PM
#66
This huge amount of bitcoin can overflow the total market. If the flow is not controlled bitcoin can have some big problems. I think the coins should be release in the market slowly.
newbie
Activity: 112
Merit: 0
September 08, 2018, 02:59:20 PM
#65
Has the news been confirmed yet? But i don't think that this is satoshi. There could be other people behind this. I am curious to know that what is the motive behind keeping the low profile?
newbie
Activity: 296
Merit: 0
September 08, 2018, 02:45:46 PM
#64
It is not confirmed that who is behind this insane amount of selling. Maybe there is some plan behind this incident. The whole market status can be changed which amount of bitcoin.
newbie
Activity: 38
Merit: 0
September 08, 2018, 02:37:19 PM
#63
I don't think that's satoshi. Satoshi would never sell his bitcoin. He is the inventor of this so he knows what to do with it. This might be some millioniare who bought bitcoin when the price was low back in 2011 or 2012. As the price is rising a little bit he is not willing to take any risk.
newbie
Activity: 196
Merit: 0
September 08, 2018, 02:26:03 PM
#62
I don't think it's satoshi! If it really was him I am sure that he never would have sell the bitcoins now. If he really wanted to sell them he would sell them last year when the price was double. This must be a rich guy who bought bitcoin when the price was too low.
newbie
Activity: 224
Merit: 0
September 08, 2018, 02:13:38 PM
#61
Is certainly not a checked data, there are been a variety of stories to the data. Some said it has a place with a budgetary investigation organization in China, some said Satoshi Nakamoto possesses it. There are additionally educated that the wallet to the bitcoin can't be recoverable. Don't know which stories to accept.
full member
Activity: 715
Merit: 220
September 08, 2018, 02:05:56 PM
#60
If it would be a wallet from a exchange, why bother to send and divide all those BTC to small amounts in order to sell them on exchange? This move remains quite suspicious
full member
Activity: 715
Merit: 220
September 08, 2018, 01:54:24 PM
#59
In addition to the post given by eternalgloom I adviced you to read  this post on reddit where people are trying to find the possible owner of this wallet
newbie
Activity: 62
Merit: 0
September 08, 2018, 01:49:07 PM
#58
That wallet could undoubtedly be a trade address solidified by the police while pending examination. In spite of the fact that more probable, it's something to do with the silk street or an enormous institutional speculator. How about we trust they don't begin dumping as that would totally crash the market.
newbie
Activity: 70
Merit: 0
September 08, 2018, 12:37:39 PM
#57
The article did not express that the wallet has a place with Nakamoto and it is still under scrutiny and they don't have a solid proof that Nakamoto for sure claims that wallet, we never know yet perhaps it is under one whale in the past who abruptly have a need to offer his offers it is still under scrutiny.
hero member
Activity: 1260
Merit: 524
September 08, 2018, 12:10:39 PM
#56
Satoshi nakamoto the anonymous name of the bicoin inventor. He has a wallet but is it belongs satoshi nakamoto. I have some  confusion about that but if I wrong then sorry for that.

He is the founder of Bitcoin and Blockchain technology and you think that he wont be holding any Wallet. He is owing the wallet and is holding a high chunk of bitcoin how much i dont know. As for testing he would have runed nodes and mined bitcoins so that are in his wallet.
Pab
legendary
Activity: 1862
Merit: 1012
September 08, 2018, 11:16:22 AM
#55
i smell fish in that news.It could be wallet of somebody but you can't sell that amount at once
I have been reading that somebody sold btc woth 110 mln$ maybe yes maybe not
But for sure nobody sold that kind of btc what you are talking about
That news are done to create panic on markets that is all in my opinion
newbie
Activity: 98
Merit: 0
September 08, 2018, 11:01:13 AM
#54
Since a lot of people believe it to be a rumor, it will be better to not comment on it further and to cause even more confusion. Until any solid proof comes, it will be better to not to discuss it.
legendary
Activity: 1372
Merit: 1252
September 08, 2018, 10:55:21 AM
#53
The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.

who has 500,000 or more Bitcoins ??

This thread will give you some interesting names of potentially very rich people owning 6 figures of BTC:

https://bitcointalksearch.org/topic/bitcoin-top-500-richest-321265

The thread was closed because apparently it was inaccurate, but still, you should research these names, probably some of these people still got 6 figures.

Personally as far as this case goes, it could be someone that Pirate Roberts trusted. He could have left this person a backup of the bitcoin keys in case he went to prison, or did FEDs recover all of the coins? maybe lost Gox coins? Who knows. If they aren't super early mined coins then saying it's satoshi it's too much of a stretch.
sr. member
Activity: 1624
Merit: 267
September 08, 2018, 09:57:53 AM
#52
I  don't know how many millions of bitcoin satoshi have, but for sure they have a lot of bitcoins in their wallet because he is creator, and they bought first bitcoin with cheaper price. No one knows if satoshi sell his bitcoin or not but for aure he sell most of their bitcoin when bitcoin reach 20k dollars each bitcoin last year 2017. Satoshi now are billionaire and he is lucky .
full member
Activity: 938
Merit: 137
September 08, 2018, 09:18:24 AM
#51
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
If the bitcoins were lying in this purse from 2009, and not since 2014, then one could still assume that these bitcoins belong to Satoshi Nakamoto. In addition, only about a fifth of the bitcoins are activated, all the others are still in their wallet. In addition, Nakamoto owns up to one and a half million bitcoins, and not five million. Let's hope that the unknown owner of this huge sum of bitcoins does not intend to sell them, this would be detrimental to bitcoins and for the image of all the crypto currency.
full member
Activity: 756
Merit: 102
September 08, 2018, 08:50:32 AM
#50
That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.
We don’t know who really owns that wallet but if he sold it, then there’s really something wrong with the market. I hope this is not so serious and I hope bitcoin will not dump so much. This is really huge and can change the market trend easily, let’s all hope for good in the future.

it does not really matter if the wallet is from satoshi or not , what really matters the most if this news is real then we should expect a hard dump for bitcoins .

 bitcoin can probably go down to 3k and below but overall , it will still be beneficial to most of us since we can now buy bitcoin in a much cheaper cost .  

Also , We can still notice that bitcoin will recover again soon  if many people will start to panic buy . so theres no need to worry at all .
jr. member
Activity: 140
Merit: 1
September 08, 2018, 08:43:34 AM
#49
I do not think that Satoshi Nakamoto will sell his bitcoins and ruin the course than no one knows that this is his wallet !
full member
Activity: 2128
Merit: 180
September 08, 2018, 08:40:51 AM
#48
That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.
We don’t know who really owns that wallet but if he sold it, then there’s really something wrong with the market. I hope this is not so serious and I hope bitcoin will not dump so much. This is really huge and can change the market trend easily, let’s all hope for good in the future.
newbie
Activity: 56
Merit: 0
September 08, 2018, 08:34:18 AM
#47
There have been a lot of mixed stories involved in it. Some say that the wallet is in fact Silkroad's while some say it is just a rumor. Until anything is confirmed, it will be better to not to talk about it and cause further misunderstandings.
full member
Activity: 812
Merit: 142
September 08, 2018, 07:38:40 AM
#46
This information has not been verified and it is probable that the owner of the wallet is not satoshi. So you should not say that, In the past days the market has fallen for this FUD and it will continue to fall if some other cold wallet wake up and panic sell BTC

For me it is just a rumor because their is no need for the Satoshi even if it exists to sell the btc as had the institution or person whoever it may be had to sell would have done at 18k levels and not at 7k levels where they know in coming time it will be back to those levels.
sr. member
Activity: 714
Merit: 250
September 08, 2018, 07:36:02 AM
#45
This information has not been verified and it is probable that the owner of the wallet is not satoshi. So you should not say that, In the past days the market has fallen for this FUD and it will continue to fall if some other cold wallet wake up and panic sell BTC
newbie
Activity: 84
Merit: 0
September 08, 2018, 07:31:12 AM
#44
This could be a rumor it could be true too. Because there are no links to support this statement in the post, it will not be a wise decision to comment on it further. But yes there is a high possibility that Satoshi might have kept some to himself to fix the situation when the market is in shambles or kept it for himself without any reason, given he is the creator.
jr. member
Activity: 211
Merit: 2
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September 08, 2018, 07:29:38 AM
#43
The market still seems somehow solid despite this news. Been following the news and it can be concluded Satoshi is not involved
legendary
Activity: 2730
Merit: 1288
September 08, 2018, 07:01:17 AM
#42
The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.

who has 500,000 or more Bitcoins ??

Might want to take a look at the bitcoin richlist instead. Wallets that holds the biggest amounts of bitcoin are the exchanges, which is to be expected: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

It is amazing that all top100 wallets got income in 2018. There is no big wallet that was sent Bitcoins in in this year. I would never bet on this fact. I would actually expect that there would be more then 50% old wallets with zero incomings this year.
hero member
Activity: 3038
Merit: 634
September 08, 2018, 02:25:36 AM
#41
That's a huge amount of Bitcoin. And I don't think it may belongs to Satoshi Nakamoto.
Yes it seems to be don't belong to satoshi.

As stated on the first page, that wallet is linked to Silk Road and you can google everything about that wallet. It will pop a lot of news articles by just searching it.

That wallet gained an attraction after some activities seen from a reddit post so I think its not satoshi's. This isn't new, when there are whales buying thousands of bitcoin the news are highlighting it as well.
legendary
Activity: 2968
Merit: 3684
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September 08, 2018, 02:25:08 AM
#40
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.

Look, the notion that Nakamoto would even want to access that wallet after leaving it in 2014 just doesn't match with his/their behaviour in the past. And the fact that it was moved to exchanges also shows that it was always meant to be sold, just for liquidity or to leverage on other exchanges other than the true exchange the main account holder lies on (remember these exchanges are also kyc required, so the identify of the person is either already known to them or the person is not Nakamoto).

And come on, even if 1 million btc were dumped, so what?
full member
Activity: 616
Merit: 100
September 07, 2018, 10:14:32 PM
#39
damn selling that much bitcoin will make the bitcoin price drops I think because it will erase all the buy order and it will make the base price of the buy order is low, if they put it on the sell order i think it will more stable than they do instant selling, but it will makes bitcoin price stuck in that price
full member
Activity: 854
Merit: 108
September 07, 2018, 09:33:46 PM
#38
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I believed the owner of this wallet is not Mr. Satoshi but this wallet was belong to the exchanges which can be also considered the big whales in disguise. Hopefully that this is not a ready made conspiracy just to make the Bitcoin to burst like a bubble but it is just a pump and dump source for them to play the market price movement.
member
Activity: 756
Merit: 12
September 07, 2018, 08:01:02 PM
#37
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

I dont think he have 5million bitcoin. From what i am read in some article, satoshi mining bitcoin in one year and get more than 700.000 bitcoin. I dont think that wallet is belong satoshi because no one can identified owner bitcoin wallet
legendary
Activity: 4410
Merit: 4788
September 07, 2018, 06:38:16 PM
#36
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

fake news


the 111k coins moved into an address in 2014. and moved out 8 MINUTES LATER in 2014

since 2014 the address only then held 0.009 balance.. and it was the 0.009 balance that got moved in 2018
https://www.blockchain.com/btc/address/15ihHoGs3onQBNnEH8afDFGvou9nD62Hm7

chill out guys 111k has not finally been spend this year. it has been moving about as smaller amounts passing different hands and loads of addresses for years. not hoarded for 4 years

the news is
"someone who HAD 111k btc that touched the address for 8 minutes in 2014.. has now used his address again 4 years later to remove the remaining 0.009btc"
hero member
Activity: 3052
Merit: 651
September 07, 2018, 06:36:51 PM
#35
The wallet is believed to be tied to Silk Road, not satoshi.

Possible.
Stay hidden for a few years then suddenly popping out of the blue.
This could be the worse dump that will ever happen.

It is possible that they accumulated this much and are now on the move to sell.
They lose a lot of money with what happened to them. It is payback time. Might be a good idea to track it.
newbie
Activity: 77
Merit: 0
September 07, 2018, 06:29:21 PM
#34
Maybe, maybe even more. I do not see Satoshi Nakamato as a person I think is a group.
It could even be a group governed by a state.
You know, this is a very important revolution, nobody can cut it.
The targeted revolution can happen Or it does not happen.
member
Activity: 448
Merit: 20
September 07, 2018, 06:13:59 PM
#33
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

By logic, the founder of btc  can not do so now
btc  and the market as a whole are falling
How to sell this large quantity in this way.?!
member
Activity: 146
Merit: 18
September 07, 2018, 04:05:45 PM
#32
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
This is a fake news, you do not need to take it at face value. Nakamoto will not sell his bitcoin coins and he has a completely different wallet. So your article is clickbait!
newbie
Activity: 154
Merit: 0
September 07, 2018, 03:53:42 PM
#31
How are you sure that the wallet belongs to satoshi nakamoto? No one can accurately say that is his wallet though. This Is why you need to be sure of any news  before believing it
hero member
Activity: 1078
Merit: 514
September 07, 2018, 03:47:35 PM
#30
It's one of the most interesting things that it's hard to identify the owners of wallets, but I doubt this is exactly Satoshi. Probably it's just a whale or "pizza guy" who was selling pizzas per bitcoin's several years ago  Tongue
sr. member
Activity: 784
Merit: 251
https://raiser.network
September 07, 2018, 03:43:06 PM
#29
I don't think that he would be able to do that he will sell his millions of bitcoin right away, for sure that he will protect the reputation and market of the bitcoin as well, and he will not easily give up it. Maybe, he will just encash little by little but not all.
jr. member
Activity: 98
Merit: 1
September 07, 2018, 02:43:06 PM
#28
I don't know if the news is true or not.But if this is really Satoshi Nakamoto, then this is a big news for the cryptocurrency community. But if the owner sells off all the coins, the whole market could crash.
member
Activity: 952
Merit: 41
September 07, 2018, 02:36:30 PM
#27
It hard for us to identify the owner of the said 111000 bitcoin, because there are still some huge amount of bitcoin in the hand of early investors who are not identified until now. And other government institutions also have huge bitcoin in they possession such as the FBI which sized large amount of bitcoin sometimes ago,.
jr. member
Activity: 238
Merit: 1
September 07, 2018, 02:28:40 PM
#26
I do not believe that Satoshi suddenly decided to sell his bitcoins and it seems to me that this is, as usual, the usual news in order to suppress the market
newbie
Activity: 91
Merit: 0
September 07, 2018, 02:23:56 PM
#25
This cannot  be true , it is a manipulated news to create panic, so weak hands can sell low while whales feed on them
newbie
Activity: 60
Merit: 0
September 07, 2018, 02:17:11 PM
#24
For this reason bitcoin price will rise and selling 111000 bitcoin is not a matter of joke. I just want to congrats Satoshi Nakamoto.
member
Activity: 434
Merit: 10
September 06, 2018, 09:01:30 AM
#23
If the satoshi nakamoto that was written in the article had less than 5,000,000 bitcoins then it should have it because he was the one who created bitcoin which I want to ask that where satoshi nakamoto is now.
full member
Activity: 756
Merit: 112
September 06, 2018, 08:50:42 AM
#22
The wallet is believed to be tied to Silk Road, not satoshi.

Thanks for this information. This might be the reason why it holds such an astounding amount of bitcoin.
member
Activity: 266
Merit: 32
September 06, 2018, 08:45:19 AM
#21
I remember you already said this on a different thread what if those 4m was dumped months ago or years ago. You really want Bitcoin to go down that bad.

Now bitcoin is $6400. Also $5000 is lots of money.
newbie
Activity: 9
Merit: 0
September 05, 2018, 06:45:07 AM
#20
Perhaps it's just someone who was able to find the password to the wallet and it does not mean that he will sell bitcoins , and if he sells it will not break the course !
jr. member
Activity: 156
Merit: 1
September 05, 2018, 05:52:33 AM
#19
Maybe someone buying before BTC and takes leave in crypto. Visited it again and making a money on it.
That was a huge money though.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
September 05, 2018, 05:47:14 AM
#18
That wallet could easily be an exchange address frozen by the police whilst pending investigation. Though more likely it's something to do with the silk road or a huge institutional investor. Let's hope they don't start dumping as that would definitely completely crash the market.
Some of the coins were moved to Binance that doesn't have fiat trading pairs. Maybe it's an attempt to pump Bitcoin for now then slowly dump the 11k that was sent to Bitfinex.

Other users on reddit speculate that the moved BTC was traded to an alt like XMR for better privacy and maybe he's the one behind the recent pump on Monero.


Some 4,000,000 Bitcoins were purchased till 2011 for $50 or $100. Looks like BIG selling time.
I remember you already said this on a different thread what if those 4m was dumped months ago or years ago. You really want Bitcoin to go down that bad.
newbie
Activity: 80
Merit: 0
September 05, 2018, 04:52:11 AM
#17
Is not a verified information,  there are been alot of different stories to the information. Some said it belongs to a financial analysis company in China,  some said Satoshi Nakamoto owns it. There are also information that the wallet to the bitcoin cannot be recover. Don't know which stories to believe.
member
Activity: 350
Merit: 10
September 05, 2018, 04:50:47 AM
#16
I don't think so. And the link don't show the article. Lot's of people disquss that the Mr. Satoshi gone away and many of them says he is dead. So we can't/don't know anything about him anymore. Howmany Bitcoin does he have? The biggest question..
newbie
Activity: 53
Merit: 0
September 05, 2018, 04:44:47 AM
#15
Such amount of Bitcoin being sold might seriously crash the whole market. I truly hope that whoever owns these coins won't sell all coins at once if he even wants to sell them.
newbie
Activity: 83
Merit: 0
September 05, 2018, 04:44:25 AM
#14
a very large number of 5 million BTC. Is that really Satoshi Nakamoto? Huh questions arise attached to the outer wall of my brain. I just want to say thank you to Mr. Satoshi Nakamoto! that's my hope. arigato satoshi nakamoto san!
copper member
Activity: 2254
Merit: 608
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September 05, 2018, 04:40:13 AM
#13
That wallet could easily be an exchange address frozen by the police whilst pending investigation. Though more likely it's something to do with the silk road or a huge institutional investor. Let's hope they don't start dumping as that would definitely completely crash the market.
legendary
Activity: 1792
Merit: 1283
September 05, 2018, 04:35:59 AM
#12
It's far more likely that this is something related to the original Silk Road darknet market.
I think someone tracked those addresses to be in connection with the now defunct marketplace for illicit goods.

This is the original Reddit thread: https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/

All subsequent articles on news website are basically based on that thread.

Here's an article from Cryptoslate that hints at a possible connection between the wallet and Silk Road:
https://cryptoslate.com/dread-pirate-roberts-whale-wallet-activity-hints-toward-800-million-bitcoin-market-dump/
member
Activity: 266
Merit: 32
September 05, 2018, 04:19:32 AM
#11
111000 Bitcoins in the year 2011 wasn't a big deal to acquire since the price was so damn low and anyone interested in technology would have bought same at that time. I don't think Satoshi is the one that has the account since the article didn't stressed on him.

Some 4,000,000 Bitcoins were purchased till 2011 for $50 or $100. Looks like BIG selling time.
legendary
Activity: 2492
Merit: 1018
September 04, 2018, 10:53:34 PM
#10
 The owner must be very happy to have invested to btc since 2011. If i have seen the future just as how it is today I would have bought thousands of btc as well and keep it for years. Its not surprising old wallets are being activiated and sell some of it. Its more surprising if they activate and burned the btc.
full member
Activity: 158
Merit: 100
September 04, 2018, 10:42:58 PM
#9
The wallet could belong to Wunklevoss brothers as well
member
Activity: 287
Merit: 10
September 04, 2018, 10:38:32 PM
#8
111000 Bitcoins in the year 2011 wasn't a big deal to acquire since the price was so damn low and anyone interested in technology would have bought same at that time. I don't think Satoshi is the one that has the account since the article didn't stressed on him.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 04, 2018, 09:49:15 PM
#7
The wallet is believed to be tied to Silk Road, not satoshi.
jr. member
Activity: 238
Merit: 2
September 04, 2018, 09:46:54 PM
#6
This is probably a fake news, not authentic. There is no evidence that Satoshi owns a wallet, which is confidential and has no basis. Also Satoshi possesses such a large amount of Bitcoin that can not sell it at this time, costing only $ 7000 + will certainly hole huge.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 04, 2018, 09:37:10 PM
#5
The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.

who has 500,000 or more Bitcoins ??

Might want to take a look at the bitcoin richlist instead. Wallets that holds the biggest amounts of bitcoin are the exchanges, which is to be expected: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
jr. member
Activity: 149
Merit: 1
September 04, 2018, 09:30:09 PM
#4
I don't know if it is true cause I've heard that the news was fake. if someone already have that huge bitcoin holdings why he wasn't release that last year when btc pumps. but I don't know if what is the real truth this case is still under investigation.
member
Activity: 266
Merit: 32
September 04, 2018, 09:06:58 PM
#3
The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.

who has 500,000 or more Bitcoins ??
sr. member
Activity: 2254
Merit: 258
September 04, 2018, 09:04:12 PM
#2
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??

The article did not state that the wallet belongs to Nakamoto and it is still under investigation and they do not have a concrete evidence that Nakamoto indeed owns that wallet, we never know but maybe it is under one whale in the past who suddenly have a need to sell his shares it is still under investigation.
member
Activity: 266
Merit: 32
September 04, 2018, 08:47:21 PM
#1
Bitcoin community members continue to piece together the story behind a huge wallet containing over 111,000 BTC ($802 million) — which suddenly became active after over four years.

https://bitcoinist.com

Bitcoin creator "Satoshi Nakamato" has some 5,000,000 bitcoins ??
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