Crypto News - Wallets from 2010, 3000 btc moved

in #news7 years ago (edited)

There has been a massive movement of bitcoins, these appear to have originated in the original 50 btc per block days and were moved into a single wallet then spread out over multiple wallets. This would suggest movement to an exchange such as Coinbase. A 3000 bitcoin influx could temporarily drop the market as it equates to roughly 40 hours extra mining at the current emission rate.

The fascinating part is that all of these were held for so long and now are being moved from the original coin base address (the wallet that generated to) to another wallet. The dates on the ones I checked were from 2010!! Now to wait and see what happens next...

See the list of transactions below:
https://blockchain.info/tx/4b60dc9cd051f4489420018bf52ead4f1f1377b0e0b4f2bc552f31b2649230ab

Quick video overview:

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Interesting. I bet it's essentially BCC related; they're moving the BTC to new wallets to secure the old addresses for claiming BCC.

Very possible. It is interesting the way they split the coins off after, it was what I would expect from depositing into an exchange, multiple outputs of varying amounts... or maybe a coin mixer... Going off your suggestion it could well be to allow easier splits in the future with all these new forks coming up (bgold, 2x and so on).

all these new forks coming up (bgold, 2x and so on).

I hadn't heard about those. People saw BCC's success and thought they wanted in on the action?

Very interesting, quite possible they just found their keys or recovered an old hard drive. Or maybe it's the beginning of a push to pull the price down. Or...

We'll have to wait and see, but thanks, really interesting to see the movement.

agreed.... now to watch the price :)

also... kookaburra!

Hoepfully it's not going to pull the price down too much, then again it would be nice to get some cheaper Bitcoin :)

haha, just a short one enough to buy a little more... back up the truck... load them up!

I lvoe it when but you buy the Bitcoin dip and then you have free money to re-invest it back into the alts! ;)

Interesting fact. Good call