moving 50 BTC from a sleeper wallet since February 2011

[Cammer 4609]

That might be the reason for Bitcoin decreasing underneath the 9,000$ these days. I wish this doesn't keep affecting it in long term.

[Omar Ommeish 4872]

Yes, this happened several days ago, and after that the price of bitcoin fell quickly because I think this event has raised concerns among investors.

[Crypto123 0]

10 hours ago, Omar Ommeish said:

Yes, this happened several days ago, and after that the price of bitcoin fell quickly because I think this event has raised concerns among investors.

I don't think moving 50 BTC will raise investors' concerns, this bitcoin is little if compared to the large quantities the whales own, some whales have more than 1,000 BTC and some more than 5,000 BTC. These quantities, if moved, are to cause concern.

[Syedbesharat 5423]

This can be lost and found chase where the original miner is dead and its belonging went to other person who then make this transaction or he sell his BTC to whales for BTC manipulation.Because in 2020 BTC was highly expected to break its previous ATH price.This is suspicious because when the BTC was 20K he did not touch BTC but why now.

[Crypto123 0]

1 hour ago, Syedbesharat said:

This can be lost and found chase where the original miner is dead and its belonging went to other person who then make this transaction or he sell his BTC to whales for BTC manipulation.Because in 2020 BTC was highly expected to break its previous ATH price.This is suspicious because when the BTC was 20K he did not touch BTC but why now.

Yes, this is strange, the price of bitcoin reached its highest price in 2017, when it reached 20,000 $ , but the owner of this wallet did not sell the bitcoin he owns at that time. This is really strange and we can't explain it properly.

[Crypto123 0]

On 5/28/2020 at 9:40 PM, rezzougali1985 said:

Its seems that's a good news ti Heard because to enter a 50 btc on the market can be positive for the price and for the volume of it and trading for example will be more profitable

It is possible, of course, that the entry of 50 BTC will affect the market, but its effect will be very simple, but the strange thing in the news is not its effect on the market, but the timing of this move. This wallet has been sleeping since 2011 and it suddenly moved and this is strange.

[George10 9932]

This is really confusing to take note of the strategy on holding bitcoin for that long even when the price rose to 20k,could it be that the owner was unable to have access to his money until now or he is a long term holder.

[Virgil dijk 1431]

This is actually a large amount of bitcoin, and what supprises me the most that, the owner of that wallet held this coin for a very long time, I can't really say if it's Satoshi or not but I think the person had a plan, that's why he held for so long.

[jamesvince 2389]

What's do you mean sleeping wallets. Is this wallet has no use of bitcoin or something else use of these kind of wallets. So I am not having any issues with it because only 50 btc has no impact on any crypto market prices. So you can used this news as not much negative or positive impact. 

[koussai999 1986]

I think that the people who did mining in the beginning were among the most fortunate people, because it did not need a lot of strength, capabilities and strong equipment, and the return was very high.

[Crypto123 0]

On 6/6/2020 at 8:59 PM, koussai999 said:

I think that the people who did mining in the beginning were among the most fortunate people, because it did not need a lot of strength, capabilities and strong equipment, and the return was very high.

Yes, that's right, the owner of this old wallet must have been among the first people to mine in that early bitcoin age and mining at that time was very easy as it was possible to mine by laptop.

[Raqeebzy 6456]

Probably it was some of satoshi owned wallet. For a coin that has been stored for almost or more than 9 years, the holder and owner of the wallet is definitely not planning to trade it, maybe just a form manipulations of the market. In fact, the only thing I could think of is it's Satoshi's.

[Crypto123 0]

7 hours ago, Raqeebzy said:

Probably it was some of satoshi owned wallet. For a coin that has been stored for almost or more than 9 years, the holder and owner of the wallet is definitely not planning to trade it, maybe just a form manipulations of the market. In fact, the only thing I could think of is it's Satoshi's.

Maybe Satoshi doesn't know exactly, but it could also be someone who mining early and keeping it up to date. The strange thing is when this bitcoin is moving and what is the reason for this move?

[CryptoMaxim 3829]

16 hours ago, VeronikaSky said:

This is actually strange. Maybe owner lose access to his wallet, but suddenly could recover it. Or it can be manipulation at the market.

Most likely either there was no access because it would have been possible to withdraw in 2018 because the price of bitcoin was much higher than it is now.

[Crypto123 0]

13 hours ago, CryptoMaxim said:

Most likely either there was no access because it would have been possible to withdraw in 2018 because the price of bitcoin was much higher than it is now.

That's right, the best time to move this wallet was in 2018 when the price of bitcoin rose to almost 20,000$. If he had sold it at that time he would have become rich because 50 BTC was equivalent to a million dollars at that time.

[pablomarwan 3082]

I heard about this news from the person who made the transfer. It was asking everyone, could it be Satoshi Nakamoto? Nobody knows the answer, and it's still running. but in my view, I do not think that he is the desired person. I will only make assumptions. This wallet was not opened about years ago, such as some wallets may have been discovered by a hacker and penetrated. And he got what he wanted. 

[Ayush Singh 1175]

According to me I think it's a very good news for all the Bitcoin users who do mining or any other activities with it now I think users will get more opportunities to mine Bitcoin and will able to earn a good amount of profit from it.