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It makes you wonder why such an old wallet would make a move now? There has been so many Bitcoin surges and this wallet user did not move any BTC. Did they reme

It makes you wonder why such an old wallet would make a move now? There has been so many Bitcoin surges and this wallet user did not move any BTC. Did they remember their passwords after 14 years, or just never had the need to move them.

exabrial 1y ago
My personal conspiracy theory is I think Bitcoin itself is a state-actor creation, for no other reason than mysterious behavior like this. Honestly have no idea what my passwords were 14 years ago.
- umbra07 1y ago
  I'm confused. This has a very simple, and likely explanation. Someone found their old password written down (or found an old hard drive). This is one of the most obvious and clear-cut applications of Occam's Razor - why jump to "state-actors"?
  - UltraSane 1y ago
    the assumption is that this wallet is so old it belongs to one of the creators of bitcoin.
    - monerozcash 1y ago
      2011 is not nearly old enough to suggest that
- ENGNR 1y ago
  Nakamoto = central origin Origin = CIA?
  - saulpw 1y ago
    Satoshi = intelligent
    - ENGNR 1y ago
      Omfg you're right. I was half joking before, but yeah that's... quite a coincidence
  - JPLeRouzic 1y ago
    https://news.ycombinator.com/item?id=41449007 https://news.ycombinator.com/item?id=41449007
ronsor 1y ago
I think the most likely explanation is they tried Bitcoin a while ago and subsequently forgot about it. Then they discovered the wallet when checking an old backup or booting up an old PC from that era.
- brador 1y ago
  Could be someone cashing out a paper wallet for retirement, or a wallet hasher hit RNG payday.
Terretta 1y ago
HODLer stopped HODLing a bit is all, why is this curious in any way? If one thinks of this thing in orders of magnitude, seeing support at 100,000 with 1,000,000 still a ways off is a fine checkpoint. Thinking back, 10 and 100 weren't interesting, 10k could have been but for reasons felt unripe. By contrast, 100k feels on "this side" of a lot of things aligned, fewer things left unaligned, so, meh. And now, more topically, the BTC vs. alt coin behavior on China tariff Friday suggested a new kind of institutional support that could give a long term HODLer comfort for selling into it once that dust settled.

exabrial 1y ago

My personal conspiracy theory is I think Bitcoin itself is a state-actor creation, for no other reason than mysterious behavior like this. Honestly have no idea what my passwords were 14 years ago.

umbra07 1y ago
I'm confused. This has a very simple, and likely explanation. Someone found their old password written down (or found an old hard drive). This is one of the most obvious and clear-cut applications of Occam's Razor - why jump to "state-actors"?
- UltraSane 1y ago
  the assumption is that this wallet is so old it belongs to one of the creators of bitcoin.
  - monerozcash 1y ago
    2011 is not nearly old enough to suggest that
ENGNR 1y ago
Nakamoto = central origin Origin = CIA?
- saulpw 1y ago
  Satoshi = intelligent
  - ENGNR 1y ago
    Omfg you're right. I was half joking before, but yeah that's... quite a coincidence
- JPLeRouzic 1y ago
  https://news.ycombinator.com/item?id=41449007 https://news.ycombinator.com/item?id=41449007

ronsor 1y ago

I think the most likely explanation is they tried Bitcoin a while ago and subsequently forgot about it. Then they discovered the wallet when checking an old backup or booting up an old PC from that era.

brador 1y ago
Could be someone cashing out a paper wallet for retirement, or a wallet hasher hit RNG payday.

Terretta 1y ago

HODLer stopped HODLing a bit is all, why is this curious in any way? If one thinks of this thing in orders of magnitude, seeing support at 100,000 with 1,000,000 still a ways off is a fine checkpoint. Thinking back, 10 and 100 weren't interesting, 10k could have been but for reasons felt unripe. By contrast, 100k feels on "this side" of a lot of things aligned, fewer things left unaligned, so, meh. And now, more topically, the BTC vs. alt coin behavior on China tariff Friday suggested a new kind of institutional support that could give a long term HODLer comfort for selling into it once that dust settled.