News for hackers. Stuff that matters.

A comment on Eight dormant Satoshi-era Bitcoin wallets reactivated after 14 yrs. Parent comment

Re:Eight dormant Satoshi-era Bitcoin wallets reactivated aft... by cj on Friday July 04, 2025 @05:50PM (#44468124)
After the transaction, you can still send the bitcoin to the purchaser's wallet.

But since the purchase itself happens off exchange, there's no record of how much the coins were sold for, so no impact on market price.

[ Parent | on HN ]
Re:Eight dormant Satoshi-era Bitcoin wallets reactivated aft... by sokoloff on Friday July 04, 2025 @11:01PM (#44469819)
A large wallet that’s been dormant for years suddenly becoming active will tend to pressure the price lower from the implied increase in liquid supply and fear that the wallet will continue to distribute coins.

It’s not just the printing of transaction price that can affect the market.

[ Parent | on HN ]