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)
Maybe it's because of my retard brain, but I don't get, why is the key no longer private? I mean, as long as you haven't sent any BTC or BCH from that address not even the signature is known right?