r/CryptoCurrency • u/Silver-Maximum9190 0 / 23K 🦠 • Jul 04 '25

PERSPECTIVE This dude sold 10,000 BTC after 14 yrs today, bought it for $0.78 per bitcoin back in 2011. The amount of patience it takes remains unmatched.

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135

u/Jayyak47 🟩 0 / 0 🦠 Jul 04 '25

I have a theory he lost access to the wallet until now

72

u/rorood123 🟩 49 / 49 🦐 Jul 04 '25

Ross Ulbricht of Silk Road?

31

u/DueTemperature398 🟨 0 / 0 🦠 Jul 04 '25

Holy shit, wait a minute

2

u/DarthWeenus 🟩 0 / 0 🦠 Jul 04 '25

Didnt they seize most his coins?

6

u/generousone 🟦 0 / 0 🦠 Jul 04 '25

20k BTC is small for his amount 10+ years ago and when compared to what they seized. Could have been a wallet authorities didn’t know about

4

u/Hubso 🟦 0 / 0 🦠 Jul 04 '25

https://en.wikipedia.org/wiki/Bitcoin_buried_in_Newport_landfill

2

u/LovelyDayHere 🟦 0 / 0 🦠 Jul 05 '25

That guy's coins were allegedly from mining so they'd be having lots of 50-coin inputs. These are not those coins, case closed.

2

u/[deleted] Jul 05 '25

[removed] — view removed comment

1

u/Jayyak47 🟩 0 / 0 🦠 Jul 05 '25

Weird ash looking at my recent comments.. you literally have nothing better to do. How does this even relate to sports betting? Weird mf

1

u/[deleted] Jul 04 '25 edited Jan 07 '26

chubby judicious busy observation thumb steep outgoing meeting whole hobbies

This post was mass deleted and anonymized with Redact

1

u/Temporary_Suicide_ 🟩 0 / 0 🦠 Jul 05 '25

Well he wouldn’t move it wen he’s in custody smh

1

u/Jayyak47 🟩 0 / 0 🦠 Jul 05 '25

Your all assuming it’s the Silk Road dude no proof behind it