What do you think of this address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF?

Princess Leah

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Quote from: a298b112 on August 21, 2023, 08:48:18 AM

So there is 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address that has 79,957.2607018 BTC in it and there is no single output from this address. It seems the owner of this address do not spent a single BTC however, it is still accumulating.

I don't know what conclusion one can make about this address. Is this a person, a company or something else? How come that much money can be accumulated in one address and never been spent? Or there is something I don't understand?

Regardless of who owns the address, your question is self explanatory, I think the owners be it an institution or individuals don't have any plans to sell anytime soon but are seriously on the habit of accumulating more, and if the figures you mentioned can be accumulated in a wallet without any issues, I means that more than that can be in one wallet, so DYOR to find out how much Bitcoins a single wallet could contain.

Anyways that should serve as an inspiration to you towards accumulating Bitcoin to your portfolio, the owner or owners of that particular wallet believe so much on Bitcoin and it's potential to be accumulating more instead of selling out, so as a Bitcoin enthusiast you could emulate them and normalise saving in Bitcoin over time.

Ojima-ojo

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Quote from: elevates on August 21, 2023, 08:55:22 AM

The conclusion is that the owner of this wallet doesn't want you to know anything. Why are you asking such question on this child board. A wallet is something personal even we have the details on the Blockchain. We should not try to invade into its details unless we are certain out that the wallet is of a scammer. Creating such shit topic on this board doesn't make any thing relevant for newbies. Stop focusing on any wallet and start working on having such a wallet.

Exactly the point I was running in my Head as regards to the ops, why should you be so interested in a wallet that have nothing directly with you because having such mentality to know who owns or what kind of transactions that goes on in the wallet, you are already diving into your confusion this is because Bitcoin is a highly privacy oriented technology a d it holders can remain unknown.

We have so many wallets of such and we can tell it is the owners that are in control of the wallet or some other random individual.

Cricktor

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Quote from: ?? on ??

The address belongs to me.

Prove it by signing a bitcoin message with the private key of address 1Feex...W9sb6uF or STFU! It's otherwise just tiresome and boring to read the crap of wannabee pretenders.

Quote from: ?? on ??

i would appreciate some recognition as the addresses owner out of pure respect.

Lol, respect has to be earned. Prove, you're the owner, your words so far mean nothing.

Quote from: ?? on ??

I have 21 years experience with microsoft and the internet ...

Beat this: it's more than 45 years ago that I already programmed in Assembler, Pascal, Modula and later C. Cheesy

Quote from: laijsica on September 03, 2024, 05:46:03 AM

It's really a wonder that Bitcoin is still accumulating.

The initial owner doesn't accumulate, it's morons throwing dust and bitcoin spam at this address bloating the UTXO set.

Quote from: laijsica on September 03, 2024, 05:46:03 AM

If the owner of the wallet really lost his access, is there any way to recover it?

Mathematically not impossible, practically due to bounds of available energy and time on this planet: impossible.

laijsica

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Quote from: Die_empty on August 21, 2023, 09:08:32 AM

Quote from: logfiles on March 24, 2022, 06:17:26 PM

Quote from: dragospirvu75 on March 24, 2022, 02:08:39 PM

Hello everyone! What do you think about the legendary 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address?
For those who don't know the story, 79k bitcoins were sent to this address 11 years ago, in 2011, and they were never moved, not a single dollar.
It is said that they were stolen from Mt Gox,

The first ‎79,956 BTC where deposited into the address on the 1st March 2011. Mt. Gox major hack came in around June 2011 according to Wikipedia

So the Mt Gox story is ruled out.

Maybe the owner might have lost access to the wallet or is no more alive. Those coins cost less than a dollar when it was accumulated. The wonder of hodling

It's really a wonder that Bitcoin is still accumulating.
If the owner of the wallet really lost his access, is there any way to recover it?

AVE5

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I don't think if anyone can give you a rightful detail about what's going on in that wallet.
Since it's not tkureiand not mine maywr can just move on and let it go.
If I can remember there has also be existed topic pertaining this Very wallet address.
Although I dear what would be the intention of the owner. I think it maybe some sorts of community wallet account with a solid agreement to hold and accumulates as much without tempering it untill a period of time to execute a great and a massive goal.
Hopefully the testimonies for the achievement would be credited with honour to bitcoin given such privilege.

Cricktor

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Quote from: rula85 on May 01, 2024, 07:13:57 AM

Does anybody follow this address on electrum

I just created a watch-only Electrum wallet to verify that there are no outgoing transactions spending outputs from 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF. You know the drill: don't trust, verify! This takes less than a minute (I didn't count).

Why do you ask? Why should anybody follow the fate of this address, except for the initial funds being apparently stolen from Mt.Gox?

rula85

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Does anybody follow this address on electrum

digaran

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🖤😏

Pst, do you realize that's a %50 premined scam sig you are wearing while garbage posting right? Lol please take a look at the posts on the same page you are posting. OMG. Where is Dan Pedro something, his/her methods are useful on this board.🤣

odunybiz

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Quote from: EL MOHA on August 21, 2023, 08:57:45 AM

Quote from: a298b112 on August 21, 2023, 08:48:18 AM

So there is 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address that has 79,957.2607018 BTC in it and there is no single output from this address. It seems the owner of this address do not spent a single BTC however, it is still accumulating.

This is definitely an account set up to used for accumulating bitcoin. I checked through the address on blockchair and the owner is definitely using a DCA method to accumulate. The owner does at least a little top every week with as little as 0.00001btc. This has been going on for the past 12 years now.

Personally this seems like a good way of accumulating bitcoin but the problem I have will be having lots of these funds on a single wallet. On security and privacy perspective I don’t feel it’s ok.

Doing DCA to accumulate BTC by this person is a very great one. If all BTC lover can do this, all BTC will hold BTC no matter how small it is.

Quote from: EL MOHA on August 21, 2023, 08:57:45 AM

There is no limit to how much or number of bitcoin that an address or wallet can hold. Basically even the entire 21 million bitcoins can be on a single wallet. This is actually one of the biggest advantages of bitcoin wallet over even fiat banks. Just that the risk of losing of everything on one wallet is adviced

I think holding that huge amount of BTC in a single wallet is risky. God forbid, if such wallet is hacked, that means the person has forfeited almost all his/her life savings.

digaran

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Quote from: kingnoida on December 21, 2023, 12:28:35 PM

hi there! suppose someone got access to the private key of the 1Feex address. What do you think would be the correct course of action. Send it back to someone from Mt. Gox and keep, let's say, a modest 30% bounty or just throw away the key? ... 🤷

I'd suggest to spend it all as mining fee and then wait for the authorities to compensate you after figuring out whether or not you had anything to do with the theft, otherwise you can never actually spend anything from that address, but if you want to throw away billions just like that, be my guest.

I guess it would be a good idea for the hackers to come clean, but man my man, %30 is too much, if you are the hacker, take %10 and make a deal. just calculate 8000 BTC with current price, you'll have more than enough for next 10 generations.

kingnoida

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hi there! suppose someone got access to the private key of the 1Feex address. What do you think would be the correct course of action. Send it back to someone from Mt. Gox and keep, let's say, a modest 30% bounty or just throw away the key? ... 🤷

gmaxwell

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In spite of the mistaken claims given earlier in this thread, it is well established that the address contains funds taken from MTGox. This has been well known to the Bitcoin community for most of a decade, but sadly the post quality here has become so poor that you can't even count on people to respond with well known facts.

A quick google would have quickly answered your questions: https://blog.wizsec.jp/2020/06/mtgox-march-2011-theft.html

As far as the ongoing tiny payments, dust payments to high value addresses is a common form of spam on Bitcoin. If you look at the payers you'll see that many of them also pay dust to many other high value addresses.

Mpamaegbu

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Once a man, twice a child!

Quote from: a298b112 on August 21, 2023, 08:48:18 AM

So there is 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address that has 79,957.2607018 BTC in it and there is no single output from this address. It seems the owner of this address do not spent a single BTC however, it is still accumulating.

Yes, that address hodls more than $2 billion worth of Bitcoin in today's market. I saw that there are funds (in dust) still being sent to it intermittently without any output/withdrawal from it. I'm struggling to find an explanation for that as to what could be going on there. Again, whoever that owns that wallet; (that's if they're still alive), has a double diamond hand. How can someone intentionally leave such a gargantuan amount of money? If they're consciously hodling, it's not what I would want to do anyway or advise anyone to do, to hodl all they've for that length of time without taking profit at some point. Nah, that doesn't make business sense to me.

GxSTxV

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Quote from: DdmrDdmr on August 22, 2023, 03:46:21 AM

Funny related story: Since Craig Wright claims to be the true owner of the said BTC address, having stated that it was his address and that he lost control of it in 2020, during a hack on his computer, there are people that flip this fairy tale around, reading that he is therefore a/the hacker of Mt. Gox:

From what i understood on this it appears that Me Wright claims to be the owner of this address and allegedly stole this amount of Bitcoin from the Mt Gox exchange in 2011. Beside that he didn't attempt to move any of the Bitcoin until he lost control of his wallet in 2020. This seems unreal to many as it's difficult to believe that someone would hold onto such a large amount of Bitcoin without making any trades especially considering the price move for Bitcoin over these years with such an amount. The address seems dead and it's unlikely that anyone with control would leave it untouched unless they have a strong reason like being extremely wealthy and setting this address as a reserve and emergency.

dzungmobile

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There are 517 UTXOs so far for that address with a first transaction is in March 2011 according to Bitcoinwhoswho.com.

Most of its balance comes from its first receiving transaction in March 2011. The rest transactions are all just small or dust.

History and the first receiving transaction of that address.

DdmrDdmr

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There are lies, damned lies and statistics. MTwain

Funny related story: Since Craig Wright claims to be the true owner of the said BTC address, having stated that it was his address and that he lost control of it in 2020, during a hack on his computer, there are people that flip this fairy tale around, reading that he is therefore a/the hacker of Mt. Gox:

Quote

"It is widely accepted in the cryptocurrency community that the Bitcoin in the 1Feex address originated from a well-publicized hack on a Japanese cryptocurrency exchange that occurred in March 2014," defense attorneys wrote. "Essentially, it appears that if Dr. Wright is the owner of the Bitcoin in the 1Feex address (which is denied), he has effectively admitted to being the person who stole 80,000 BTC from Mt. Gox."

(2011 I figure)
See: https://decrypt.co/153279/bitcoin-developers-say-craig-wright-admits-to-stealing-millions-in-bitcoin-from-mt-gox

Not a new boomerang argument though, as the same arguments have been used since 2020:
https://fullycrypto.com/1feex-wallet-claim-gets-craig-wright-in-hot-water

FinneysTrueVision

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There is this great blog post from WizSec which goes into great detail how this wallet got the 79k bitcoin and how they came to the conclusion that the funds are indeed from a Mt. Gox hack. While it is true that a majority of their BTC was stolen at a later date there was actually several other thefts that occured throughout 2011.

https://blog.wizsec.jp/2020/06/mtgox-march-2011-theft.html

Faisal2202

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You could accumulate more BTC in it You could get 21 million BTC (That's impossible because you know the reason you can not have the 21 mil BTC but just imagine) only in 1 address so what's the matter here which you are not understanding? Crypto wallets have no limitations to hold money (talking about BTC wallets). What I think: You say one should not accumulate all of his money in a single Bitcoin wallet address. Instead, they should divide that money into different wallets. Well tbh, that's good practice but it seems like this is not an ordinary wallet address as its a Vanity address

Quote from: YOSHIE on August 21, 2023, 11:24:35 AM

You can take one conclusion the whale that owns the address is dead or lost the key and another response, maybe.

Just asking, If the owner of this wallet lost the key to this address then why would they be accumulating their assets in it why did they not change the wallet to store BTC instead of storing them in this wallet?

DdmrDdmr

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There are lies, damned lies and statistics. MTwain

I don’t quite get the date thingy either (transfer date vs official hack date), but Mark Karpelès (former Mt. Gox CEO) recently stated on twitter that:

Quote

I hereby certify that the 79956.55 Bitcoins sent to the 1Feex address on March 1st 2011 were transferred without proper authorization from MtGox's original bitcoind wallet, and are considered stolen property belonging to the MtGox estate for the profit of the MtGox creditors.

I figure Karpelès should be in condition to prove his allegations as to Mt. Gox’s bitcoin wallet’s addresses, going into more solid prove beyond what twitter can represent.

See: https://crypto.news/former-mt-gox-ceo-breaks-silence-on-1feex-address/

YOSHIE

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Quote from: a298b112 on August 21, 2023, 08:48:18 AM

So there is 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF

I don't know what conclusion one can make about this address. Is this a person, a company or something else? How come that much money can be accumulated in one address and never been spent? Or there is something I don't understand?

OP, you don't need to think about that address, we've seen that address discussed here, since 6 years ago, I'll quote one of the discussions about that address.

Quote from: sjefdeklerk on March 17, 2018, 11:01:37 AM

Did any of you actually click the wallets? You can see a chart of their BTC holdings. Also keep in mind that the biggest ones are just exchanges:

1. the biggest wallet out there 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r = bitfinex,
2: 16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk = bittrex,
3: 16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe = binance
4: 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 = Huobi
5: 3Nxwenay9Z8Lc9JBiywExpnEFiLp6Afp8v = Bitstamp
6: 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF = I think a whale. Didn't do anything though for the last years.
8: 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx I also think a whale. Also didn't buy anything the last few years.

etc etc The others, most of them either haven't bought recently, or have been selling. Do your research.

You can take one conclusion the whale that owns the address is dead or lost the key and another response, maybe.

OP, what is clear is that you don't need to bother for that, the important thing is to think about yourself for the future to trade or invest in Bitcoin.

Topic: What do you think of this address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF? (Read 578 times)