Previously unmoved BTC moves today from a presumed Satoshi owned wallet...

in GEMS4 years ago

Bitcoin just moved for the first time from a wallet where it was mined back in 2009...

It is not clear who owns the wallet, but it has had no transactions since those coins were mined back in 2009.

And now today, this...

(Source: ~~~ embed:1263120977849978880) twitter metadata:d2hhbGVfYWxlcnR8fGh0dHBzOi8vdHdpdHRlci5jb20vd2hhbGVfYWxlcnQvc3RhdHVzLzEyNjMxMjA5Nzc4NDk5Nzg4ODApfA== ~~~

The fact that these coins are some of the first mined and have never moved lead many to believe the wallet could be owned by the creator of bitcoin, Satoshi Nakamoto.

Whether today's transaction means he is alive or not is still up for debate though as there is no guarantee it was him that actually owned the wallet in the first place.

Plus, even if it was his wallet, someone could have gained access to the wallet for the first time just recently...

Either way, it's a big development in the crypto industry and likely why bitcoin tanked a few minutes ago...

Stay informed my friends.

-Doc

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The fact that these coins are some of the first mined and have never moved lead many to believe the wallet could be owned by the creator of bitcoin, Satoshi Nakamoto.

It is likely not a Satoshi account, as explained by Nic Carter:

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The mined block is not a Patoshi block. A Patoshi block is one that was mined by the most prolific early miner who inadvertently left a mark that can be extracted using some clever analysis. Most analysts assume Patoshi is Satoshi, which I think is likely. The just spent coinbase was from a non-Patoshi block.

I personally don't believe it was him, even before you presented this data, simply because he could have moved it any other time and didn't, and why ONLY 40 BTC if he access to all of it?

It takes quite a lot of attempts to generate a wallet with same private key as there is quite a number of bits in the private key... But technically it is possible with enough luck or computing power...