Watching bitcoin whale is a game to have fun, stay poor

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About 15 million people see whales every year – many places like Mozambique, Costa Rica and Sri Lanka.

Stuck in IcelandA travel magazine, label Whale is watching “A demand contact game where you seek the elements that seek the creatures that do not care, whether you see them or not.

“Sometimes you are lucky, and the whale takes a long time when they appear. Sometimes they move rapidly, pop up everywhere, and you must be quick to see them.”

Today’s post celebrates the version of the game of bitcoin. So grab your spray jacket and telescope, and let’s go to Crypto-Katamarning.

Thar he fly!

In August 2013, the first known efforts to find, track and even identify bitcoin whales had crossed the bitcoin over a mark of $ 100 for the previous time.

The major bitcointock user was Prophet Proposed Encouraged three whale-shikar commands and others to join:

1. Post any address in the last 90 days on a rolling base in the last 90 days than 5,000 BTC ($ 500,000, then $ 522 million now).
2. To identify the owner of the address, cooperate either in the real world or through their online footprint.
3. Use that information to map the largest whale in the bitcoin economy and follow their coins’ movement.

“Why?” The first was the reaction.

“I study economics, so it is important to me to observe and study the expenditure of the capitalist group,” the Prophet said.

“It seems a little scary and staring …” gave another answer.

Prophet: “This is no different from the richest list of Forbes. Bitcoin enables it and should be used to pursue knowledge. And if someone is probably not to use a currency with public TX laser …”

Quickly, however, other whale hunters joined. Within two days, someone had prepared a rich list of about 300 addresses with more bitcoin than someone else, which was discovered at 50,000 block increases (every 350 days either).

In those whales, a address was to start with 31,000 BTC “12IB7 …” – $ 3.1 million in 2013 prices and $ 3.2 Arab Today. This is the 967th address ever and was initially funded in May 2010.

The address can still be found on bitcoin Rich listCurrently ranked 28th, a bennen is closely behind the mining pool and cold wallet.

The thread of the Prophet never moved beyond this, in which no whale was identified under the actual post. Years later, disappointingly as part of the Cleman Estate Court case, Craig Right will be false emphasis Ownership of address with others through Tulip Trust.

Wright claimed that hackers had stolen private keys and any backup was removed – even if the coins did not go into the question after the theft. He tried to give some control of coins on bitcoin developers.

Of course, Wright eventually lost the Claiman case and was Ordered To pay $ 100 million to the property, shortly after, left the case against bitcoin gods.

So, who owns 12IB7? Nobody knows. The final outgoing transaction of 12IB7 was in July 2010, when it directed 9,000 BTC at an unknown address (its first outgoing transaction was also this day in 2010!)

Very juicer: Coinbase Director Connor Ghogan possibly received the address to the address.