Post
Topic
Board Bitcoin Discussion
Re: Bitcoin wallet from Satoshi Nakamoto era activates after 9 years
by
bL4nkcode
on 22/09/2021, 20:01:50 UTC
Lol, no one knows if this is Satoshi's wallet or not. It could have been a early bag holders who just decided to touch his coins for the first time. Or someone who forget all about it, find his private key.

In any case, if this is just hundred of bitcoin, it wouldn't put a dent on the market right now. We are already huge, trillions worth and billions of transactions. But if you look at the price right now, we have rebounded again to $43k, so if there is an effect, it's a positive one.
It's not about if it's satoshi or not, or if it will affect the price after those activity or not (it just a personal wallet transfer imo, not to an exchange), it just that the owner of this address is somewhat good at holding, so patient which people could learn from.

Also, it's a transfer of $26 millions that only cost a fee of cents of $.