Quote from: dkbit98 on March 14, 2025, 08:59:50 PM

I don't understand why would you care what other people do with their coins, and why would you even spend time watching this transactions.

Usually I don't bother what others do with their coins, except maybe when some outstanding transactions happen. It's just curiosity, especially when I can't quite wrap my head around it.

I see these transactions because I have a watch-only Bitcoin Core wallet full of combo descriptors of the so-called Patoshi blocks and because I can and curiosity (see above).

Quote from: dkbit98 on March 14, 2025, 08:59:50 PM

If you really want to do something good in the world you can always do it yourself, locally or worldwide, just send your coins to charity of your choice as donation.

Sure, there's no good unless you do it yourself. I get this but not quite the point here.

Quote from: dkbit98 on March 14, 2025, 08:59:50 PM

Puppet politicians and governments spent a lot more money for endless wars and killing...

Vote against it and have a strong voice for a change, that's the least one can and should do.

Quote from: NotFuzzyWarm on March 14, 2025, 09:06:35 PM

Obviously the person who did it is like Cyberkongz who spent $500k to get Rune #2 DECENTRALIZED -- a loon with more money than they know what to do with... Roll Eyes

Hmm, I'm not in this inscriptions or Runes shittery, but I assume this fool can at least sell it to a greater fool or suffer whatever loss he deserves. This is different to coins which are immobalized by throwing them at the Genesis block.

Quote from: suzanne5223 on March 14, 2025, 09:50:22 PM

One thing is sure. We can only guess the intention of the person that sent the Bitcoin until s/he confirms the main reason why s/he sent the BTC.

I don't expect this to ever happen – donators, surprise me! Grin

Quote from: OcTradism on Today at 02:50:17 AM

Now it has 102.97495184 BTC and it means there are people who have sent more than 52 bitcoins to Bitcoin Genesis address.
https://www.blockchain.com/explorer/addresses/btc/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Yes, and the four transactions I listed contribute little more than 34.5BTC of those nearly 53BTC and where made when Bitcoin had 4- to 5-figure dollar rates, so quite considerably values.

Quote from: Darker45 on Today at 03:48:29 AM

It's probably their own way of honoring Bitcoin or the Genesis block, the starting point of everything running right now.

I've to assume this, too.

Quote from: pooya87 on Today at 03:58:17 AM

The most recent transaction I listed is indeed very different from the other three that it has 61 outputs of which the one to the Genesis block legacy address is the largest. Me too, I don't have the time to dig deeper for now.

Quote from: OcTradism on Today at 03:59:16 AM

If you have many bitcoins that you got easily in the past, you can donate it to Bitcoin Genesis Address, that can be considered as burn. It's similar to Bitcoin donations to Bitcoin forum years ago, and these donations are appreciated.

It's only a burn if Satoshi Nakamoto has discarded his private keys completely. We don't know, we likely won't ever know for sure. I don't expect Satoshi to ever consolidate any coins "donated" to blocks they mined in the beginning. I do consider those coins as burned, even when technically they aren't.

Donations to this forum are a completely different thing, not comparable to immobalized UTXOs "on the Genesis block" or similar.

Quote from: hugeblack on Today at 04:00:58 AM

It may be a new style of proof of burning.

There's no proof in my opinion. You can't prove Satoshi has discarded the private key of the Genesis block. It may be likely but that's all.

Quote from: hugeblack on Today at 04:00:58 AM

I hope we don't see any memecoin or token based on donations to that address.

We've seen a lot of shit thrown as spam into the blockchain. I wouldn't be surprised as stupidity is a constantly growing property, to exaggerate a bit.