Sunday, October 07, 2018

Early cryptoanalysis secretly disposed of 30,000 bitcoins

Early cryptoanalysis secretly disposed of 30,000 bitcoins

Early cryptoanalysis secretly disposed of 30,000 bitcoins


Analyst Antoine de Calves published data according to which one of the early and unknown BTC-miners has been doing this for the last couple of years.

Who sold bitcoins for 2 years for $ 200 million
The expert noted that the sale of cryptocurrencies mined in one of the youngest blocks of Bitcoin was held from the end of 2016 to the beginning of 2018, when the miner sent coins in batches to different exchanges. If you focus on the market rate, the cost of 30 000 bitcoins is equivalent to more than 197 million dollars.

De Calves believes that the seller engaged in mining no later than the end of 2009, when the price of the first cryptocurrency was a few cents. He mined cryptocurrency about 7 months, then it was possible to do at home.

However, the analyst emphasizes that this man is not Satoshi Nakamoto.

Last year, the CTO authoritative edition of the bitcoin — BitcoinCom — Emil Oldenburg sold all their bitcoins, arguing that they are "as good as useless". Interestingly, this happened in December 2017, when the main cryptocurrency set a price record, reaching $ 20,000.

The Swede noted that while the risks associated with the first crypto currency are not clear to most bitcoin holders, since many still only bought the digital currency, but did not sell, as they did not try to trade with it.

"Once people understand how it works, they will sell" — said cryptomnesia.

The employee of BitcoinCom noted that the last three years received a salary in BTC, but then decided to abandon it:

"I would say that investing in bitcoin right now is the most risky investment you can make. It's extremely risky. In fact, I recently sold all my bitcoins."