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Learning & News => News related to Crypto => Topic started by: newshunter on December 22, 2021, 07:00:31 PM

Title: Dormant Bitcoin wallet holding 321 BTC activated after eight years
Post by: newshunter on December 22, 2021, 07:00:31 PM
Dormant Bitcoin wallet holding 321 BTC activated after eight years

For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money.


Source: Dormant Bitcoin wallet holding 321 BTC activated after eight years (https://cointelegraph.com/news/dormant-bitcoin-wallet-holding-321-btc-activated-after-eight-years)

Would appreciate your opinion about this
Title: Re: Dormant Bitcoin wallet holding 321 BTC activated after eight years
Post by: Noverteno on December 23, 2021, 08:32:46 AM
Due to the fact that the price of bitcoin has grown significantly and they began to talk a lot about cryptocurrency, many of those who previously mined bitcoins or dealt with them in another way, but did not attach much importance to them, now remember their forgotten wallets, and also take measures to access to them. Therefore, some wallets are now suddenly reviving. It is unlikely that those who knew about them and had access to them for so long expected a significant increase in the price of bitcoin. Although, perhaps, such isolated cases also exist.
Title: Re: Dormant Bitcoin wallet holding 321 BTC activated after eight years
Post by: Gravatai on December 24, 2021, 06:12:49 PM
An interesting trend, but it may be those who buy wallets with lost passwords and brute force the password. Or they are holders with nerves of steel who have been holding Bitcoin for all these years and waiting for prices to rise. In fact, their sale will not affect the general market in any way.
Title: Re: Dormant Bitcoin wallet holding 321 BTC activated after eight years
Post by: trendcoin on December 26, 2021, 12:15:58 AM
"Wallet active after 8 years" is interesting news. But there are only 321 Bitcoins. Very little. Nobody worries about it. If Bitcoin reaches $1 million in 8 years, then things will change. Then we can worry about 321 Bitcoins. But not now. :) I think it's common news. :)
Title: Re: Dormant Bitcoin wallet holding 321 BTC activated after eight years
Post by: TomPluz on December 26, 2021, 04:44:18 AM


I am sure that there are people who are watching and observing what can be the next path of action the owner of this wallet will be taking in the next few days or weeks. Will it mean that the 321 Bitcoin contained in the wallet be sold for cash in an exchange...or maybe the owner just decided to wake up the wallet because he miss it for a long 8 years since? I don't have a guess as to what the owner will do but I am wishing that he will never solid it at this rate as there can be more with BTC in 2022.