Crypto News - Wallets from 2010, 3000 btc moved

thefundiau (48)in #news • 7 years ago (edited)

There has been a massive movement of bitcoins, these appear to have originated in the original 50 btc per block days and were moved into a single wallet then spread out over multiple wallets. This would suggest movement to an exchange such as Coinbase. A 3000 bitcoin influx could temporarily drop the market as it equates to roughly 40 hours extra mining at the current emission rate.

The fascinating part is that all of these were held for so long and now are being moved from the original coin base address (the wallet that generated to) to another wallet. The dates on the ones I checked were from 2010!! Now to wait and see what happens next...

See the list of transactions below:
https://blockchain.info/tx/4b60dc9cd051f4489420018bf52ead4f1f1377b0e0b4f2bc552f31b2649230ab

Quick video overview:

#bitcoin #btc #crypto #cryptocurrency

7 years ago in #news by thefundiau (48)

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biophil (66) 7 years ago

Interesting. I bet it's essentially BCC related; they're moving the BTC to new wallets to secure the old addresses for claiming BCC.

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thefundiau (48) 7 years ago

Very possible. It is interesting the way they split the coins off after, it was what I would expect from depositing into an exchange, multiple outputs of varying amounts... or maybe a coin mixer... Going off your suggestion it could well be to allow easier splits in the future with all these new forks coming up (bgold, 2x and so on).

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biophil (66) 7 years ago (edited)

all these new forks coming up (bgold, 2x and so on).

I hadn't heard about those. People saw BCC's success and thought they wanted in on the action?

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lloyddavis (71) 7 years ago

Very interesting, quite possible they just found their keys or recovered an old hard drive. Or maybe it's the beginning of a push to pull the price down. Or...

We'll have to wait and see, but thanks, really interesting to see the movement.

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