It's a weird address for sure, so many Bitcoins and they never tested an output. Maybe this account is no longer accessible by the owner himself? Who knows.
You will not find anything on Internet regarding this as everyone who will be making blogs on this, is just sharing a speculation or their own thesis. No facts available.
So I wouldn't even bother myself to look around for this information.
Topic: What do you think of this address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF? - page 2. (Read 590 times)
August 21, 2023, 11:20:03 AM
August 21, 2023, 10:59:24 AM
I don't know what conclusion one can make about this address. Is this a person, a company or something else?
It could likely be a person. Companies especially public ones have to declare their assets and people can make educated guesses on which it is. Individuals do not have to and can stay totally under the radar.How come that much money can be accumulated in one address and never been spent? Or there is something I don't understand?
It's simple; create a cold wallet and only send to it but never send out. It's not so difficult to do.Also note that the address started accumulating many years ago when Bitcoin was muh cheaper than today.
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August 21, 2023, 10:12:50 AM
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 WikipediaFor 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,
So the Mt Gox story is ruled out.
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.
I doubt this assumption is the best possibility answer, the address has a name of fees which is something that might be related to services that ask for fees. It might be one of the long running service on Bitcoin or someone just spamming it. It’s very hard to believe that someone with that huge amount of Bitcoin for 12years will never spend a single satoshi and accumulate with a very low amount?
He is already a billionaire rn if the owner of this wallet still have access on it. Buying 0.00001btc for DCA doesn't make any sense.
August 21, 2023, 10:08:56 AM
Firstly it's not your business to make any thing out of it one of the reasons why people leaves the traditional financial system to go into crypto-currency is to support anonymity and not you trying to deprive the person off that and I believe expect there is a reason like fraud or crime then the discussion can be open but now it's just an account of which the owner may have several other account he can use to sustain him/herself and this account would be mainly for hodling.
August 21, 2023, 09:13:15 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.
Apparently, it isn't so. This particular address is being labeled as the receiving address of the Mt. Gox hacker. These new deposits are not coming from the owner. Neither are they done for the sake of DCA. This address already contains billions. It is pointless to add some cents or a few dollars worth of Bitcoin to it. It is even ranked among the richest Bitcoin address. These small deposits are either dusts or deposits done by some random people.
August 21, 2023, 09:08:32 AM
It looks like the address belongs to the Mtgox hack. It's difficult to say whether the owner is still accumulating tho, it could be just random individuals sending money there.
https://news.bitcoin.com/bitcoin-cold-case-the-tale-of-the-dormant-wallet-with-close-to-80000-btc-from-mt-gox/
This old thread disputed the claims that it was from Mt Gox hacks. https://news.bitcoin.com/bitcoin-cold-case-the-tale-of-the-dormant-wallet-with-close-to-80000-btc-from-mt-gox/
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 WikipediaFor 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,
So the Mt Gox story is ruled out.
August 21, 2023, 09:07:37 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.
I doubt this assumption is the best possibility answer, the address has a name of fees which is something that might be related to services that ask for fees. It might be one of the long running service on Bitcoin or someone just spamming it. It’s very hard to believe that someone with that huge amount of Bitcoin for 12years will never spend a single satoshi and accumulate with a very low amount?
He is already a billionaire rn if the owner of this wallet still have access on it. Buying 0.00001btc for DCA doesn't make any sense.
August 21, 2023, 08:57:45 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.
Quote
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?
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
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.
August 21, 2023, 08:55:10 AM
It looks like the address belong to the Mtgox hack. It's difficult to say whether the owner is still accumulating tho, it could be just random individuals sending money there.
https://news.bitcoin.com/bitcoin-cold-case-the-tale-of-the-dormant-wallet-with-close-to-80000-btc-from-mt-gox/
https://news.bitcoin.com/bitcoin-cold-case-the-tale-of-the-dormant-wallet-with-close-to-80000-btc-from-mt-gox/
August 21, 2023, 08:53:55 AM
Over the past year, there have been numerous threads about this address and a lot of others, and it's believed that the respondents might have lost complete access to them, as most of the address only have input transaction and no output.
https://bitcointalksearch.org/topic/a-simple-definition-of-lost-coins-140356
https://bitcointalksearch.org/topic/how-many-coins-are-really-lost-forever-1899012
https://bitcointalksearch.org/topic/1feexv6bahb8ybzjqqmjjrccrhgw9sb6uf-79k-bitcoin-address-the-truth-about-it-5391257
https://bitcointalksearch.org/topic/a-simple-definition-of-lost-coins-140356
https://bitcointalksearch.org/topic/how-many-coins-are-really-lost-forever-1899012
https://bitcointalksearch.org/topic/1feexv6bahb8ybzjqqmjjrccrhgw9sb6uf-79k-bitcoin-address-the-truth-about-it-5391257
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?
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?
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