Quote from: scribe on December 22, 2013, 11:31:39 PM

Quote from: jasonjm on December 22, 2013, 07:00:57 PM

and copy and paste

"I've done a bit of blockchain exploring.

The block in question where all the bitcoin days were destroyed is this one:

https://blockchain.info/block/00000000000000048445e1220a78e53de15c74160ffbe4dad0b52099560e045f

About 120,000 btc were moved. There are many transactions in this block in the 4,500-5,000 btc range. I followed the source addresses back in time. The ones I've looked at all trace their heritage to this monstrous transaction from 27 January 2011:

https://blockchain.info/tx/8f8210694d3631a88ff410c573d80caf57db1d8af397bd47687aa4e4c1802464

A single transaction moved 400,000 btc to a single address; this one:

https://blockchain.info/address/1AYtnRppWM7tWQaVLpm7TvcHKrjKxgCRvX

So whoever made the transaction yesterday had 400,000 btc in a single address in 2011. If it isn't Satoshi, who the hell is it?

Note that that 1AY... address had some transactions on 26 November this year; shortly before the ATH on 28 November. A huge whale, perhaps the biggest single holder of btc in existence, is stirring. The question is, why?

EDIT: 400,000 btc in early 2011 was almost 10% of all btc in existence. In a single address. Wow."

Nice tracing. I followed it from there a bit.

From that 400k transaction there's one address sending 25k - 1AxP9ex3rm2LpsdM5NZ4ed3qT4asVX6E72. This in turn gets funded by 16GJ6iK1S2R8XV4tjwbRzvThUUQTXYqrhW on 2010-10-16, which previously got 25k coins from 1CRZpkKKAt7G5uiK4JPBjBJGnozgiatFAs.

This last address actually pops up on the forum in July 2010, in the first post from NghtRppr at https://bitcointalk.org/index.php?topic=30.msg2452#msg2452 :

Quote

http://bitcoin2cash.com/

For every 5000 bitcoins sent to 1CRZpkKKAt7G5uiK4JPBjBJGnozgiatFAs you will receive $1.00 USD in cash by mail.

...

(bitcoin2cash.com now redirects to localbitcoins.com) Looking back, NghtRppr was doing a few trades at that time. A few months later, in September 2010, the coins start to get sold to a few people: https://bitcointalk.org/index.php?topic=1303.0

Working back up the chain, 1CRZ sent to 16GJ6 in this txn at 2010-10-15 22:14:28 (according to blockchain.info), although the 45k got split into 20k and 25k - I guess one of those was change. Looking through NghtRppr's thread at https://bitcointalk.org/index.php?topic=1303.0, there's a post from jimbobway at 2010-10-16 01:54:56 (I'm assuming my timestamps are all syncing up, but...) saying he got coins through:

Quote from: jimbobway

I have finally received my bitcoins from bitcoin2cash. Thx!!!

Perhaps not much evidence beyond timing coincidence to directly link the two, but TBH, it's kind of just fun digging into it.

The 25k in 1GJ6 then got moved completely in one transaction later on the 16th to 1AxP9, and then into 1AYtn on 2011-01-27.

Most of the transactions since then are on 2011-03-01 and 03-02, looks like maybe someone running a mix on the coins at this point? But there are one or txns getting in the way between that and the 1AYtn address, so still no real direct link.

Wow, nice digging! I'm impressed.