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RE: Manual market stimulation

in LeoFinance4 years ago

Food for thought.

  • What would happen if a very large amount of BTC was lost due to a mistaken transaction? Like, burned?
  • What would happen if a couple wallets are found containing large amounts of Bitcoin from an earlier stage?
  • What would happen if Satoshi makes himself publicly known and his wallet address is identified?
  • What would happen if microchip scarcity exploded?
  • What would happen if Jack Dorsey's "security fund" to "make Bitcoin more secure" (hint hint) succeeds (eg, "test" brute force AI attacks on BTC)?

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What would happen if a very large amount of BTC was lost due to a mistaken transaction? Like, burned

Something like 20% of the current supply is supposedly lost forever.

What would happen if a couple wallets are found containing large amounts of Bitcoin from an earlier stage?

Aren't all the large wallets tracked? The blip in price of BTC the other day was a move made by a large wallet, but it ended up being an internal transfer. People sold thinking it was going to dump.

What would happen if Satoshi makes himself publicly known and his wallet address is identified?

might be the CIA ;D

What would happen if Jack Dorsey's "security fund" to "make Bitcoin more secure" (hint hint) succeeds (eg, "test" brute force AI attacks on BTC)?

Fork.

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All the large wallets ARE NOT tracked. Every year or so there is a transaction from "a previously unknown wallet'. Once you make a transaction you are tracked...

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I would have assumed there is some algorithm searching all the transactions from the dawn of BC time and marking the wallets.

Like I said, maybe once a year or so, there will be a report of X number of BTC sold or transferred from a previously unknown wallet. Last one I remember was the sale of 300 :) I'll bet whoever did that wishes they hadn't. Or maybe it's just chump change in their portfolio...

only three hundred? That isn't even a slice of pizza! :D

Do you remember that there was a 51% crisis on BTC? Quite a few years ago a huge Chinese miner ended up with a theoretical 51% of the liquid BTC. There was a tense couple of days and the miner co op sold down to under 40%. I think they were as afraid of what might happen as anybody...

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