Quote from: philipma1957 on November 11, 2021, 02:07:51 PM

Quote from: hisslyness on November 11, 2021, 01:45:20 PM

[edited out]

. Dude I will be dead when the fight over frozen coins is started. The fight will be that they are not lost keys. The fight will be that they are abandoned coins.

If you have any idea about worldwide legal bullshit in general and human nature those "frozen" coins will be fought over bigly down the road.

Like I said won't happen anytime soon. But it is going to happen.

Merely because some people might want to put bitcoin into traditional legal/asset categories, does not mean that they are going to be able to have such a fight.. even if some people want to have such a fight. Its largely a non-issue that some people, including yourself seem to want to make as if it were an issue and just goes to show that you do not really understand what bitcoin is.

Quote from: savetherainforest on November 11, 2021, 05:59:00 PM

Quote from: Paashaas on November 11, 2021, 11:52:01 AM

Oh no, bitcoin crashed to levels not seen since 2 days ago.

I don't want to start some sh!t again.... But it might go to $52K in the next week or so... maybe in 2-3 tops. Roll Eyes

Yes. In that same time frame of one week to 3 weeks, it might go down to $52k, and it might not.

It also might go down to $60k and it might not.

Also, it might go up to $80k and it might not.

It might go to $100k and it might not.

Finally, it might continue to range between $60k and $69k, and it might not.

Quite a few things that bitcoin could do (or not) in the next 1-3 weeks. So thanks for your contribution towards greater clarity about current bitcoin price dynamics, or not, Save the RF.

Quote from: machasm on November 11, 2021, 06:49:49 PM

Quote from: philipma1957 on November 11, 2021, 06:43:49 PM

Quote from: cAPSLOCK on November 11, 2021, 06:38:20 PM

Quote from: Dabs on November 11, 2021, 05:11:30 PM

https://www.newsbtc.com/news/bitcoin/bitcoin-whale-wallet-with-150-million-activated-after-8-years/

And you guys scared one of these whales to move their coins.. Keep talking about "abandoned" coins and we might see some movement from old addresses.

This is just another reason the idea of "lost coins" is el stupido. The ONLY person with the rights to move bitcoin is the holder of that (those) private key(s).

Period.

And it is their right to move them as they please. Even if it frightens people, or means they are rich, or crashes the price. Or proves they are Satoshi, or ANYTHING. PERIOD.

I am not scared. I still have the keys to my coins.

I suspect the vast majority of the “frozen” coins are not lost or abandon

pretend that the number is 4 million coins 2.4 million would be by long term holders not lost and movable. much as the ones above were just done.

It all an exercise in imagination when we are trying to guess 2049-2059 btc rules and decisions.

realistically I have 20 years left to live. based on family male history 77-86 years old is a common death age for men.

I don't see why there is a need to "recover" "lost or abandoned" coins.
Since BTC is divisible by so many digits it just means that the eco system will run on whatever coins are in circulation.
Hell we could have only 1 BTC actively being moved around and the system would still work.
There is absolutely no need to "recover" anything since the system functions just fine no matter how few coins are actively transacted.
Just use smaller pieces.

Exactamente this!!!

Phillip has been making a big hoop-a-la that there is some kind of justification to look into the matter, when there is absolutely no reason to look into the matter at all, absent some dweebs trying to fuck around and spread misinformation regarding nonsensical points, and likely most HODLers of bitcoin already recognize these kinds of dynamics and are not likely going to forget merely because some no coiners or low coiners want to muddy the waters or change the rules or make bitcoin into something that it is NOT.. which is also pretty much what several other members repeated in their posts, but philip just wants to persist and persist about some supposed non-existent motivation that exists to resolve this non-issue that he wants to make into an issue.