You are telling me that somebody has been holding 80000 btc for 14 years? - /biz/ (#60590449) [Archived: 572 hours ago]

Anonymous ID: tPiVfEKR
7/7/2025, 10:27:46 AM No.60590449
1256498494
1256498494
md5: f16b69b8c5be45b0f177821591fa9290๐Ÿ”
Replies: >>60590467 >>60590777 >>60590970 >>60591268 >>60591532 >>60593207 >>60593344 >>60593801
Anonymous ID: m41EnufD
7/7/2025, 10:32:23 AM No.60590459
90% of bitcoin is being held by those oldfags while NPC's max bid for the last 10% of scraps, and by that last 10% of scraps I mean binance, coinbase, microstratergy, the US gov, etc.

90% of the supply is literally held by a few hundred early fags.
Anonymous ID: 7B21zjew
7/7/2025, 10:36:52 AM No.60590467
>>60590449 (OP)
Satoshi owns 1million BTC retard
Replies: >>60590507 >>60590533
Anonymous ID: sCLTh0H6
7/7/2025, 11:04:36 AM No.60590507
>>60590467
He has the power to control the economy
Replies: >>60590642
Anonymous ID: tPiVfEKR
7/7/2025, 11:22:24 AM No.60590533
>>60590467
Do you think that the key still exists and those btc will be moved one day?
I seriously doubt it.
Replies: >>60590690
Anonymous ID: OrX/czta
7/7/2025, 12:29:08 PM No.60590642
>>60590507
If the CIA or NSA do not control those keys, a US Bitcoin economy will not be allowed.
If they do control them, there will not be a Chinese Bitcoin economy.
They'd potentially give up USD or RMB for something that could be dumped to oblivion by some random nerdy mathematician, as a funny goodbye joke.
Replies: >>60590942
Anonymous ID: uSHso1r8
7/7/2025, 1:03:10 PM No.60590690
>>60590533
what if someone guesses the seed phrase
Replies: >>60590695 >>60593350 >>60593401
Anonymous ID: CfKRdkIU
7/7/2025, 1:05:28 PM No.60590695
1703952648279383
1703952648279383
md5: 97f514d607668aa731e7839560b1a1a9๐Ÿ”
>>60590690
the number of possible combinations is greater than the number of atoms in the universe.
Replies: >>60590716 >>60590721 >>60590883
Anonymous ID: b5j6t1cU
7/7/2025, 1:18:29 PM No.60590716
>>60590695
Maybe in observable universe
Anonymous ID: 27JnXePl
7/7/2025, 1:19:39 PM No.60590721
>>60590695
It can still be guessed, especially if he locked his bitcoins on pre-2018 hw wallets
Anonymous ID: b5j6t1cU
7/7/2025, 1:23:23 PM No.60590730
I feel like this kind of thing must be some sort of programmable time capsule, I cannot fathom hands that diamond
Replies: >>60590747
Anonymous ID: OrX/czta
7/7/2025, 1:31:35 PM No.60590747
>>60590730
It could be some autistic mathematician like that Perelman yid who lives innawoods with his mother.
But the most likely explanation is Satoshi being some department for financial psyops at the NSA or CIA.
Anonymous ID: TwBvjjN5
7/7/2025, 1:42:47 PM No.60590777
>>60590449 (OP)
The UG government has a functioning Quantum computer.
Replies: >>60590831
Anonymous ID: OrX/czta
7/7/2025, 2:10:31 PM No.60590831
morningk
morningk
md5: 61b40227bbaaa36cc3a1c56ed283571e๐Ÿ”
>>60590777
>UG government
Uganda?
Replies: >>60590858
Anonymous ID: tPiVfEKR
7/7/2025, 2:24:40 PM No.60590858
>>60590831
They are programming with bananas, bokoyas, cucumbers!!
Replies: >>60590912
Anonymous ID: uSHso1r8
7/7/2025, 2:35:03 PM No.60590883
>>60590695
but its still possible isnt it


>b-b-but the chance is so small
but theres still a nonzero chance isnt there?
Replies: >>60590932
Anonymous ID: OrX/czta
7/7/2025, 2:45:30 PM No.60590912
>>60590858
> never tasted them on live TV
Why even live
https://www.promusa.org/Gros+Michel
Anonymous ID: k+mNtnyr
7/7/2025, 2:50:41 PM No.60590932
>>60590883
There's a nonzero chance that when you use your hardware wallet to set up a new address on the blockchain it so happens to generate the same seed phrase as some whale account with 10000 BTC in it, but it's so infinitessimally small that the system just isn't worried about it. I believe there are 29000000000000000000000000000000000000000000000000000000000000000000000000000000 possible seed phrases, the number is so stupidly large that you could generate trillions of addresses every second for trillions of years and still only have well under a trillionth of a percent chance of accidentally making the same one twice.
Replies: >>60590937
Anonymous ID: /2o2QQFW
7/7/2025, 2:53:05 PM No.60590937
>>60590932
So youโ€™re saying thereโ€™s a chance?
Replies: >>60590979 >>60591273
Anonymous ID: OrX/czta
7/7/2025, 2:56:50 PM No.60590942
>>60590642
Coming to think of it, there will first have to be some mitigation measure in place against this.
The big governments would have to jointly take over Bitcoin in a diplomatically managed way, and agree to invalidate any attempt to transfer these tokens.
Anonymous ID: OgV+GbvW
7/7/2025, 3:11:25 PM No.60590970
>>60590449 (OP)
its the cia or some insider big mcjoint kike
Anonymous ID: OgV+GbvW
7/7/2025, 3:15:40 PM No.60590979
>>60590937
about the same chance as you becoming king of the world
Anonymous ID: /9Wbfzrq
7/7/2025, 4:36:16 PM No.60591268
>>60590449 (OP)
At least one of the wallet addresses belongs to Satoshi.
Satoshi is just one man who made Bitcoin and therefore has a lot of Bitcoins. He apparently found a hard drive with 30000 bitcoin on it, saying so last year.
The earliest Bitcoins (genesis block and first blocks after that) will never ever be moved or else Bitcoin would be destroyed.
I can tell that at least 20000 of these BTC that were moved on 4th of July were Satoshi's Bitcoins. He may have moved all 80000, not sure on that.
Anonymous ID: OMUxgCjC
7/7/2025, 4:37:33 PM No.60591273
>>60590937
You are approximately 72,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,00,000x more likely to die TODAY than to guess a single seed phrase at random, out of all seed phrases that have ever or will ever exist.
Anonymous ID: 3LD/kT6v
7/7/2025, 4:47:59 PM No.60591328
Maybe they found some wallet.dat in old gmail. Gmail was liqudating old accounts, probably original owner forgot password or died and there was wallet.dat sitting there in his gmail or old PC and somebody discovered it.
Anonymous ID: ND6Wm2uN
7/7/2025, 5:36:16 PM No.60591532
>>60590449 (OP)

For the retards that haven't yet caught on:

This is BTC confiscated by the US government. They have had it for years, they are simply moving it to newer wallets. It was likely seized during the silk road era of BTC.
Anonymous ID: Eg/QjnrX
7/8/2025, 12:44:38 AM No.60593207
>>60590449 (OP)
he has a really mysterious name "Satoshi" and he knows the hacker "4chan"
Anonymous ID: MtuIGjAi
7/8/2025, 1:32:02 AM No.60593344
>>60590449 (OP)
Likely just a fraction of what that person holds. It's almost certain it is Roger Ver or one of the other early fags.
Anonymous ID: MtuIGjAi
7/8/2025, 1:33:44 AM No.60593350
>>60590690
Early wallets, like the one here, predate seed phrases.
It's most likely the owner just moved the coins to a new multisig.
Anonymous ID: 0bXHbUzJ
7/8/2025, 1:56:31 AM No.60593401
>>60590690
seed phrases are not passwords, they're a human-readable way of representing 256 random bits that constitute the wallet
Replies: >>60593699
Anonymous ID: oOWhD9zn
7/8/2025, 2:19:01 AM No.60593464
Satoshi alone holds 1.1million BTC, spread out over 20.000 wallets.
>Its rigged from the start
Anonymous ID: uSHso1r8
7/8/2025, 3:56:48 AM No.60593699
>>60593401
correct and i can guess your 12 word combination in theory to recreate your wallet keys and theres nothing you can do about it but hope the vast odds of getting the words in the correct order works in your favor
Replies: >>60593709 >>60593720
Anonymous ID: 0bXHbUzJ
7/8/2025, 4:00:28 AM No.60593709
>>60593699
correct, but guessing those words is just as hard as guessing the 256 random bits, they're the same thing
Replies: >>60593788
Anonymous ID: 0bXHbUzJ
7/8/2025, 4:05:30 AM No.60593720
>>60593699
and better start guessing now faggot, relatively soon the expansion of the universe will tear the fabric of reality apart
I'll start
0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001
0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000010
0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000011
Anonymous ID: hNfkrkDa
7/8/2025, 4:47:59 AM No.60593788
>>60593709
Yeah there are 2048 seed words and a seed phrase is 12 words, giving us 2048^12 combinations. This is the same keyspace as 256^8
However! In the bip39 seed phrase format the last word is used as a parity bit, and can be determined from the first 11 words. Meaning you only need to brute force 11 words, the 12th is deterministic.
This reduces the keyspace to 2048^11
Still a pretty big number
But smaller than 256^8
Replies: >>60593795
Anonymous ID: hNfkrkDa
7/8/2025, 4:51:22 AM No.60593795
>>60593788
Ugh my math is broken and I need coffee
You know what I meant dammit
Base2 ^ 256 vs Base2048 ^ 12
Anonymous ID: pA69zGDa
7/8/2025, 4:58:15 AM No.60593801
>>60590449 (OP)
i had the keys up my ass