Person sold 10k BTC after 14 yrs today, bought it for $0.78 back in 2011

5 hours ago 1

In 2011, Bitcoin’s circulating supply was around 6–8 million BTC, and 10,000 BTC would’ve represented roughly 0.13–0.17% of it. At that time, such a stack could be acquired through mining, buying on Mt. Gox for ~$7,800, or participating in early dev or darknet activities. It was challenging, but not impossible for early adopters, libertarian techies, or Silk Road players.

Bunch of red flags here - the wallet held exactly 10,000 BTC untouched for 14 years; no test transactions, no movement until now. That kind of cold storage discipline is rare, especially for early adopters who often lost keys, panicked, or partially sold. If NSA created Btc then only they can be so nonchalant.

  1. Satoshi or Early Dev Wallet. The exact 10,000 BTC and no movement for 14 years resemble early Satoshi-era behavior. It could belong to Hal Finney, Martti Malmi, or someone directly tied to Bitcoin’s origin.
  2. Government Seizure Wallet. The wallet might be linked to a silent government seizure - possibly from Silk Road or BTC-e now being moved quietly to liquidate or fund operations.
  3. Nation-State Sleeper Whale. A foreign government or intelligence-linked group may have acquired and held the stash as a strategic reserve, now activated to fund war efforts or financial disruption.
  4. Dead Man’s Switch or Timed Unlock. The coins could have been programmed to move automatically after a set time, triggered by inactivity, BTC price targets, or the original owner's death.
  5. Ross Ulbriht, doing some housekeeping chores. Silk Road launched in February 2011, but went viral in June after a Gawker article exposed it as a darknet marketplace for drugs. That exposure triggered a surge in users and helped drive BTC’s price from ~$2 to ~$30 over the summer. Said BTC were acquired in April 2011. Could Ross receive first payments in just first 4 months after the launch and total more then $7.8k? Shouldn't be that hard. But hold it through all these years even during imprisonment?
  6. Zaddy Donny wants to buy a big gift to america for upcoming birthday.
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