Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 05/12/2024, 16:31:14 UTC
Silly question: are old, legacy, pre-BCH fork Bitcoin worth keeping untouched/unspent for some reason? Are they expected to gain in value as "collector's items" compared to the more recent ones?

Came up in a conversation with a friend who hodls 3 such BTC (from 2016). Bought them for $1500, now worth $300,000.

I gave him my usual "keep them if you can, spend them if you must" reply, but I never thought of old coins gaining in value...

Nope!.. for one simple reason.. The PRIVATE KEY belonging to the UTXO is no longer PRIVATE.

So for me to take control of those "old, legacy, pre-BCH" Bitcoin UTXO would mean someone else knows the PRIVATE KEY... remember "NYKNYC" also means "OYKTPK" (Only You Know The Private Key)

Yeah lets see 300k vs 1.5k

let it sit for now.


down the road if the prefork grows say 3 mill and 30k

you can move 2.9999 btc out of old fork address. then fix the bch. but at 1.5k it is not worth fucking with the 300k part.