Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7631. (Read 26720782 times)

Nice subterfuge.  Too bad you lost all the private keys on your boat.

The more early coins get spent the better for Bitcoin in the long run.

Old coins hanging over everyone's head makes them more significant the higher the price goes.

When an old wallet is the GDP of a country...it affects many lives if someone finally decides to start spending their stash.

O.k.   So, now, you are admitting that you can use cash...

You should probably call up to grandma to send you down some milk and cookies because you are starting to go even more delirious than you had been.

Probably would be better if she just directed you to more child activities instead allowing you to free-range with adult activities (meaning computers).

Indeed a lot of fun cAPSLOCK. The private key holder could have just signed a message instead of actually moving the coins? Think that the 20% fee for a recovery service is quite plausible.

If I had control of early blocks I would move them around just to get the eco system numb to it.

Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.

One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.

Lol at all the bitcoiners losing their shit over this non-issue:

LOL, I've stated before where I live, and yes, people around me use cash, it's just there is not much to go around atm.

Time for a reboot Jay, you're pass the 24hr mark, and that quantum chip of yours needs to discharge for one freaking second.

This week’s newsletter relays a request for comments on a proposed change to the BIP341 taproot transaction digest and briefly summarizes discussion about a new and more concise protocol for atomic swaps. Also included are our regular sections describing changes to services and client software, new releases and release candidates, and notable changes to popular Bitcoin infrastructure software.

On this little pump, I'm thinking of going for a swing trade with a "bit" of my stash. Selling here and buying back at ~$9000 doesn't sound like a very bad idea IMO.

Craig sell another block?

conspiracy theorist

Satoshi ..

But I don’t want to have a pizza delivered tomorrow. Corona-Chan is keeping me off prepared foods.

Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.

One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.

“USDT Number of Exchange Withdrawals (1d MA) just reached an ATH of 2,083.37. Previous ATH of 2,075.792 was observed on 30 April 2020.”

One thing I do not see being discussed much is the level of opsec risk this entails.  Adam Back get's it:



Even for some random dude from the mailing list back then... chances are they would not move coins this old without a purpose.

Everyone talking about them wanting to spend the money on something is ignoring a fairly large issue.  People who were mining back then, most likely mined at least dozens of blocks.  We are talking about multimillionaires at today's prices.  I think it would be very rare that this is some random 'Joe' who just mined a single block back in 2009, and just now decided to buy a nice car.  It is more likely that the people who mined just one block have lost those keys years ago.

No, the chances are better that this person has lots of bitcoin, and very likely quite a few much younger than these.  If they wanted to spend 100k on some random thing they would be more likely to take the newer coins.  If I were in their shoes I would avoid moving my oldest bitcoin until the price discovery era is over and doing so would be less of a shock.  Also this person would likely also realize that they are opening up a lot of angles for the data miners, and "bitcoin archaeologists".  And it comes at a potential cost to their own privacy.

This person would have done this for a specific reason most likely.  And I think the likelihood that it has more to do with the CSW claims than anything else is very likely.  As it turns out faketoshi did list this address in their court documents as one he controls.  And the pedophile claims he called CSW to ask if he moved this and faketoshi said no.  

Such a tangled web.  So much fun to watch the weaving.