Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5302. (Read 26735436 times)
July 16, 2021, 09:01:27 AM
July 16, 2021, 08:48:46 AM
Bank of America approves trading for Bitcoin
https://twitter.com/coindesk/status/1416016312837476355?s=21
https://twitter.com/coindesk/status/1416016312837476355?s=21
Chees pieces are all being moved into appropriate place for the next run.
July 16, 2021, 08:04:16 AM
Bank of America approves trading for Bitcoin
https://twitter.com/coindesk/status/1416016312837476355?s=21
https://twitter.com/coindesk/status/1416016312837476355?s=21
July 16, 2021, 08:01:26 AM
July 16, 2021, 07:50:45 AM
Maybe Satoshi doesn't care about material wealth. Maybe for him it's all about contributing to the world. Maybe he has decided to "burn" those million coins, as a donation to all of us. You may think such things never happen, but they do.
Déjà vu Gavin Andresen's Bitcoin Faucet.
https://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/
July 16, 2021, 07:50:10 AM
Nothing happens. The coins just remain where they are. Nothing happens.
My bad, these altcoins have tingled my brain so much that I forgot there is no deaD address in Bitcoin blockchain.The first block, or the genesis block, has 50 BTC of unspendable coins. People have donated some more to it over the years, those can be spent, but it is unlikely they ever will be. There are also known addresses with no private keys. Those can be considered "dead", maybe? Even if they are not really.
Quote
the onchain researchers from Glassnode tweeted on December 18, 2020, that “1.78 million bitcoins have never left their miner address.”
https://twitter.com/glassnode/status/1339989964298268673?s=21And there are guesses that about 3 or 4 million other coins that have not moved for more than 9 or 10 years are lost too. Except that every now and then, we see reports of 2009 and 2010 era coins moving.
Not to worry, someone out there is keeping track of coins that have not moved since 2009 to 2012 and it's not that much more difficult to keep watching a few more years worth, or even everything up to today (but would be pointless to look at 2021 coins unless you are analyzing for a different purpose.)
July 16, 2021, 07:29:47 AM
Nothing happens. The coins just remain where they are. Nothing happens.
My bad, these altcoins have tingled my brain so much that I forgot there is no deaD address in Bitcoin blockchain. July 16, 2021, 07:24:56 AM
Maybe Satoshi doesn't care about material wealth. Maybe for him it's all about contributing to the world. Maybe he has decided to "burn" those million coins, as a donation to all of us. You may think such things never happen, but they do.
That's probably the most likely scenario. He sent 10 BTC to Hal as a test transaction because it was not worth anything then. Hal was publicly known to have mined and collected at least 3k BTC before he passed away or got frozen. His heirs now control that (or spent it, who knows ... most likely they kept most of it in cold storage too for a rainy day in the future.)
The early coins, about 1m, were all mined and the wallets either discarded or deleted. It was common for the miner which was the wallet software, to simply generate new addresses as needed. If those were not backed up, no one else has them.
Satoshi knew enough to remain anonymous from the beginning.
What will happen if he really burnt the BTC under his ownership? 
Just asking for a friend.
Just asking for a friend.
Nothing happens. The coins just remain where they are. Nothing happens.
July 16, 2021, 07:22:35 AM
Maybe Satoshi doesn't care about material wealth. Maybe for him it's all about contributing to the world. Maybe he has decided to "burn" those million coins, as a donation to all of us. You may think such things never happen, but they do.
What will happen if he really burnt the BTC under his ownership? Just asking for a friend.
July 16, 2021, 07:01:39 AM
July 16, 2021, 06:51:37 AM
Maybe Satoshi doesn't care about material wealth. Maybe for him it's all about contributing to the world. Maybe he has decided to "burn" those million coins, as a donation to all of us. You may think such things never happen, but they do.
July 16, 2021, 06:47:08 AM
Beanie Baby Bitcoin going full tulips in the coming 18 months. Anybody still hodling or did you take Billy’s advice & dump those bags? The only use for your digital tokens is pedophile material & drugs online. Don’t get left holding your bags. Bitcoin going to $0.
weeeeeee
weeeeeee
You lost me at 'tulips'
EDIT: Willing to bet if 20k or 40k comes first?
It was the irresistible urge to end the post with weeeeeeee that was the troll's giveaway.
July 16, 2021, 06:38:33 AM
Bitcoin fixes everything, even my god damn grades in the university.
That's why need deflationary currency like bitcoin so that we don't have to worry about the rising debt of federal government, devaluation of USD because we no longer will be dependent upon it.
July 16, 2021, 06:25:09 AM
Good stuff. If he really was Satoshi, he would be hiding in a whole or on some island, enjoying his non-main wallet riches. (that he farmed with his CPU or GPU like the rest of the planet) 
Here's a thought experiment: Satoshi CPU mined coins in the first couple of years. Knowing that everything is visible on chain, and knowing so obviously that no one else was mining within the first few months, he know that all those blocks could be associated with him until there were enough other people mining blocks.
He continues mining, but as soon as there are others, he slowly moves some of those later mined coins to other addresses and keeps doing so every few months, leaving the entire first year (except the one he sent to Hal) untouched.
The early coins never move. The coins after a certain block or date have been moving every year since. ... 1m coins do not move. 100k or 10k move (around the same time or after the first pizza was bought) ... they keep moving once a year or so ... 1k is cashed out some time between then and now, the remaining 99k or 9k is still out there looking like everyone else.
Or it's quite possible none of the coins move at all too. Who really knows?
July 16, 2021, 06:18:55 AM
Beanie Baby Bitcoin going full tulips in the coming 18 months. Anybody still hodling or did you take Billy’s advice & dump those bags? The only use for your digital tokens is pedophile material & drugs online. Don’t get left holding your bags. Bitcoin going to $0.
weeeeeee
weeeeeee
You lost me at 'tulips'
EDIT: Willing to bet if 20k or 40k comes first?
July 16, 2021, 06:03:25 AM
Good stuff. If he really was Satoshi, he would be hiding in a whole or on some island, enjoying his non-main wallet riches. (that he farmed with his CPU or GPU like the rest of the planet)
July 16, 2021, 05:45:04 AM
Mmkay, firing another 1000€ purchase. I can do this for a long long time, you crazy traders 
July 16, 2021, 05:32:24 AM
Beanie Baby Bitcoin going full tulips in the coming 18 months. Anybody still hodling or did you take Billy’s advice & dump those bags? The only use for your digital tokens is pedophile material & drugs online. Don’t get left holding your bags. Bitcoin going to $0.
weeeeeee
weeeeeee
An odd thread to visit in order to try to panic folk into selling. Many here having experienced all the previous cycles. Bitcoins here are genetically spliced into their owners DNA.
Go scare the children at Reddit into panic selling their few hundred bucks worth, you will have more success there but will hardly move the market.
BTW what happened to yesterday's 30k prediction you were so sure of?
July 16, 2021, 05:01:26 AM
July 16, 2021, 04:56:06 AM
Beanie Baby Bitcoin going full tulips in the coming 18 months. Anybody still hodling or did you take Billy’s advice & dump those bags? The only use for your digital tokens is pedophile material & drugs online. Don’t get left holding your bags. Bitcoin going to $0.
weeeeeee
weeeeeee
That's exactly why all you cabbage hands bought at 60K and sold at 30K. I'm not sorry for your loss, you deserve HFSP completely!
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