Post
Topic
Board Bitcoin Discussion
Re: Early coins movement ?
by
BitcoinBabbler
on 08/06/2023, 22:30:15 UTC
A transaction of 1432.92 btc happened today https://blockchair.com/bitcoin/address/1E6nViR5Xv1wyNXg87SamvtLJ5TyXuksLC .

The odd thing about this address is it ( almost ) contains block rewards from early days , specifically first reward is from block #2718 which is less than a month since launch . Only 2 transactions are not block rewards , a 0.01 btc and a 32.91 btc . All the other are coinbase rewards of 50 btc .

Did satoshi came back to spend his coins ? A very early miner or an early OTC buyer decided to take profits ?

Time will tell . I'll try to dig more to see if i can find anything . Any opinions or findings are appreciated .

 
I would also make a transaction from one of my first wallets, but unfortunately, I cannot. I think that just a person found the opportunity to make this transaction. For example, I remembered the password for a nightmare. Satoshi it or not, you can look at the activity before that. Is this the first transaction in many years???

A transaction of 1432.92 btc happened today https://blockchair.com/bitcoin/address/1E6nViR5Xv1wyNXg87SamvtLJ5TyXuksLC .

The odd thing about this address is it ( almost ) contains block rewards from early days , specifically first reward is from block #2718 which is less than a month since launch . Only 2 transactions are not block rewards , a 0.01 btc and a 32.91 btc . All the other are coinbase rewards of 50 btc .

Did satoshi came back to spend his coins ? A very early miner or an early OTC buyer decided to take profits ?

Time will tell . I'll try to dig more to see if i can find anything . Any opinions or findings are appreciated .

 
I would also make a transaction from one of my first wallets, but unfortunately, I cannot. I think that just a person found the opportunity to make this transaction. For example, I remembered the password for a nightmare. Satoshi it or not, you can look at the activity before that. Is this the first transaction in many years???


The posibilty of early minings are and As time goes on and Bitcoin becomes more and more widely accepted, it is important for individuals who have held their funds for a long time to re-evaluate their security practices and make adjustments accordingly and People only can guess and speculate about those transactions, who stay behind those coins and how many bitcoins they have, will they dump those bitcoins and an early miner, or even a random person who forgot about their wallet seed phrase or private keys and has now recovered them.


The possibility of  early mining are and it is important for individuals who have held their funds for a long time to re-evaluate their security practices and make adjustments accordingly. is a natural thing. While speculating about the motives behind the initial coin movements is tempting, it is important to remember that without concrete evidence or additional information and So for me doesn't make sense to dig on those old address that's why I don't follow those accounts that publish it because maybe the entities has some bad intentions in the first place and It can show that a long-term holder has been accumulating bitcoins gradually over time.