Post
Topic
Board Speculation
Re: 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM
by
Chronikka
on 08/10/2013, 16:47:18 UTC
A neco thread was resurrected because it had a post by altoid. So I noticed a BTC address posted by altoid in some php bitcoind code: 1LDNLreKJ6GawBHPgB5yfVLBERi8g3SbQS.

I followed that address to another one, 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a, currently sitting with 111,111 BTC in it.


Yes I came to that one as well. The number makes sense and so does the time stamp on the first transaction (Summer 2011). People saying he had 600k aren't considering running costs and personal expenses. 111k is much more reasonable and still a considerable hoarde

But that one stops getting real deposits Nov 15th, 2012.

There is more out there I would say 250-400k coins.

True. But the initial transfer was for 40k BTC. You don't just drop 40k BTC in a wallet even back in 2011 unless its intended for long term storage or you intend to spend it (Which he didn't). I think this was intended as long term cold storage and as bitcoin increased in value so did this wallet's value