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    Author Topic: All BitcoinEater Adresses  (Read 1291 times)

    • Patrick349 (OP)
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    August 06, 2016, 08:31:04 AM
    Last edit: March 27, 2018, 08:31:27 PM by Patrick349
     #1
    1BitcoinEaterAddressDontSend8MUo1T
    1BitcoinEaterAddressDontSendDHyNcX
    1BitcoinEaterAddressDontSendKvw7XR
    1BitcoinEaterAddressDontSendS1NtDj
    1BitcoinEaterAddressDontSendXbTwCR
    1BitcoinEaterAddressDontSendf59kuE
    1BitcoinEaterAddressDontSendpJqoEp
    1BitcoinEaterAddressDontSendsUWhmf
    1BitcoinEaterAddressDontSendzLvKvW

  • RealBitcoin
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    August 06, 2016, 08:34:57 AM
     #2
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

  • Senor.Bla
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    August 06, 2016, 08:40:29 AM
     #3
    as far as i know those are just addresses where nobody has the private key for. so basically there a a lot more of these and you can make your own up in no time.
     
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  • btvGainer
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    August 06, 2016, 08:43:24 AM
     #4
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.
    Yes but this is also the wastage of something valuable. I dont like idea of dumping bitcoin for whatever reason it be done

  • RealBitcoin
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    August 06, 2016, 08:44:16 AM
     #5
    Quote from: Patrick349 on August 06, 2016, 08:36:43 AM
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

    What means fiat?

    Central bank currency: USD,EUR,GBP,CHF ,etc..

    If everyone gives pledges 500$ from 5 million 1st world bitcoin users, that can buy 4,411,000 BTC

    If that gets burned, that results in a value increase of bitcoin to 791.17$ or by  37% (or possibly more becasue you have to buy them first)

    Quote from: btvGainer on August 06, 2016, 08:43:24 AM
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.
    Yes but this is also the wastage of something valuable. I dont like idea of dumping bitcoin for whatever reason it be done

    Nothing is wasted, the market cap remains the same, every single $ invested in bitcoin remains.

    It's just that the supply of bitcoin gets smaller making it more valuable by 37%

  • xJuturna
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    August 06, 2016, 08:44:38 AM
     #6
    It makes me sad to think that there's over $6,000 in that address that will never see the light of day. I wish it would see the light of my bitcoin wallet. There's a lot of light there (Because it's empty)




    Quote from: Patrick349 on August 06, 2016, 08:36:43 AM
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

    What means fiat?

    I believe fiat is cash money in whatever your local currency is.

  • RealBitcoin
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    August 06, 2016, 08:47:25 AM
     #7
    Quote from: xJuturna on August 06, 2016, 08:44:38 AM
    It makes me sad to think that there's over $6,000 in that address that will never see the light of day. I wish it would see the light of my bitcoin wallet. There's a lot of light there (Because it's empty)




    Quote from: Patrick349 on August 06, 2016, 08:36:43 AM
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

    What means fiat?

    I believe fiat is cash money in whatever your local currency is.

    Man , its not wasted. That is there makes your coins more valuable, becaue they are out of circulation.

    Every burned bitcoin makes the circulated bitcoins more valuable. Everyone profits from this.

  • LoyceV
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    August 06, 2016, 09:00:52 AM
    Last edit: August 06, 2016, 09:12:03 AM by LoyceV
     #8
    I typed a bit about this just 2 days ago.

    You can create your own Proof of Burn-address here.

    The list from Patrick349 are just addresses with balance. For some reason someone sent 0.001 BTC to each of them in one transaction.

    blockr.io allows to search with only a small part of the address. If I search 1Bitcoin, it gives 1BitcoinEaterAddressDontSendf59kuE (I guess it's the highest balance starting with 1Bitcoin).
    Blockonomics gives a few more options. I'm still looking for a site that shows all (used) addresses starting with a certain string.

    Quote from: target on August 06, 2016, 09:07:35 AM
    i wonder when that 13 btc was sent? maybe during that time, btc only worth pennies.
    No need to wonder, you can just look it up in blockchain. That's about $7000 including fee 3 days ago.
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  • sirohige
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    August 06, 2016, 09:02:17 AM
     #9
    sometimes i thinking only stupid people who send his bitcoin to bitcoin eater adress, but iam curius who create this adress? are this address created randomly? or owner create this address with super computer using vanitygen software. ..?

  • iqlimasyadiqa
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    August 06, 2016, 09:07:00 AM
     #10
    Quote from: Patrick349 on August 06, 2016, 08:31:04 AM
    Hey Guys,

    most of you're probably knowing the socalled "BitcoinEaterAddress" where some people send there Bitcoins to because they hate Bitcoin or anything else.  Sad

    But there are more then the one Bitcoin Eater Address... these are all Bitcoin Eater Adresses:

    1BitcoinEaterAddressDontSend8MUo1T
    1BitcoinEaterAddressDontSendDHyNcX
    1BitcoinEaterAddressDontSendKvw7XR
    1BitcoinEaterAddressDontSendS1NtDj
    1BitcoinEaterAddressDontSendXbTwCR
    1BitcoinEaterAddressDontSendf59kuE -> The most known with more than 13 BTC balance.
    1BitcoinEaterAddressDontSendpJqoEp
    1BitcoinEaterAddressDontSendsUWhmf
    1BitcoinEaterAddressDontSendzLvKvW

    If you want to have also a dump Bitcoin address that's not one of these, please make free to contact me. Smiley

    Best regards,

    Patrick Grin
    I guess it does not make sense. some people who do dump will require bitcoin in greater numbers. maybe 1,000 BTC is required for it.
    and feel impossible if bitcoin will be in the dump. every person would want bitcoin prices higher.

  • target
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    August 06, 2016, 09:07:35 AM
     #11
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

     i wonder when that 13 btc was sent? maybe during that time, btc only worth pennies.
     Sending btcs to BitcoinEaterAdresses these days are unlikely to happen.  if there are people who will, they must be very noble. Do you think satoshi should send his to those btc address?

  • NorrisK
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    August 06, 2016, 09:12:04 AM
     #12
    There have been altcoins that make use of these type of adresses. In order to participate in receiving the altcoin, bitcoins have to be burned so value is not created out of thin air, but rather exchanged from bitcoin value. You may argue that it is a complete waste of bitcoin as the funds could've been used for development.

    Other than that, I don't really see a purpose for these addresses, except for maybe testing.

    Regarding the higher value of the other coins, I don't really see that. If someone sends 1000 bitcoin there, do you think exchange rates feel that? I don't think so.

  • RealBitcoin
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    August 06, 2016, 09:19:33 AM
     #13
    Quote from: target on August 06, 2016, 09:07:35 AM
    Quote from: RealBitcoin on August 06, 2016, 08:34:57 AM
    I would love to see people with thousands of bitcoins sending their bitcoins there.

    Especially organizing some kind of crowdfunding, raising a few million fiat, buying bitcoin with it, and then dumping them there, to raise the value of bitcoin.

     i wonder when that 13 btc was sent? maybe during that time, btc only worth pennies.
     Sending btcs to BitcoinEaterAdresses these days are unlikely to happen.  if there are people who will, they must be very noble. Do you think satoshi should send his to those btc address?

    You know transactions are timestamped right?

    There was 10 btc sent at Aug 3rd 2016

    And the rest was sent all this year.

  • calkob
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    August 06, 2016, 09:30:20 AM
     #14
    surley it is impossible for anyone to have the keys to these address because it would take an eternity to produce a vanity address like that?  am i right?

  • LoyceV
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    August 06, 2016, 09:44:37 AM
     #15
    Quote from: NorrisK on August 06, 2016, 09:12:04 AM
    Regarding the higher value of the other coins, I don't really see that. If someone sends 1000 bitcoin there, do you think exchange rates feel that? I don't think so.
    1000 BTC is 0.006% of all Bitcoins. That could mean $0.01 on the exchange rate. It's a tiny amount, just like 1000 Bitcoins is a tiny fraction of the total.

    Quote from: calkob on August 06, 2016, 09:30:20 AM
    surley it is impossible for anyone to have the keys to these address because it would take an eternity to produce a vanity address like that?  am i right?
    Producing the private key is not possible. And if it would be possible, why take the BitcoinEater-address holding 13 BTC, when there are addresses with 141,000 BTC?
    ¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄

  • RealBitcoin
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    August 06, 2016, 10:01:16 AM
     #16
    Quote from: LoyceV on August 06, 2016, 09:44:37 AM
    Quote from: NorrisK on August 06, 2016, 09:12:04 AM
    Regarding the higher value of the other coins, I don't really see that. If someone sends 1000 bitcoin there, do you think exchange rates feel that? I don't think so.
    1000 BTC is 0.006% of all Bitcoins. That could mean $0.01 on the exchange rate. It's a tiny amount, just like 1000 Bitcoins is a tiny fraction of the total.

    Quote from: calkob on August 06, 2016, 09:30:20 AM
    surley it is impossible for anyone to have the keys to these address because it would take an eternity to produce a vanity address like that?  am i right?
    Producing the private key is not possible. And if it would be possible, why take the BitcoinEater-address holding 13 BTC, when there are addresses with 141,000 BTC?

    I was proposing 500$ for 5million bitcoin users, that would be a big boost. 37% plus buying the bitcoins.

  • rphk
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    August 06, 2016, 10:53:24 AM
     #17
    hi guys really i did not understood what all above , as i understood it looks like someone sending bitcoins to those address,what is bitcoin eater address and what is the use of it ? and how it use full for us.can any one explain so that it will be very helpful.
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  • RealBitcoin
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    August 06, 2016, 11:01:44 AM
     #18
    Quote from: rphk on August 06, 2016, 10:53:24 AM
    hi guys really i did not understood what all above , as i understood it looks like someone sending bitcoins to those address,what is bitcoin eater address and what is the use of it ? and how it use full for us.can any one explain so that it will be very helpful.

    The coins sent there cant be moved. The coins that are not circulating cant be sold.

    Therefore "burned" coins increase the value of bitcoin, because it decreases the effective supply.

  • coinoclock
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    August 06, 2016, 06:38:50 PM
     #19
    i'm not sure if i should be happy since this makes the other bitcoins more valuable or sad for the lost coins. also i'm jealous i guess.

  • vero
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    August 06, 2016, 06:46:35 PM
     #20
    Quote from: Patrick349 on August 06, 2016, 08:31:04 AM
    Hey Guys,

    most of you're probably knowing the socalled "BitcoinEaterAddress" where some people send there Bitcoins to because they hate Bitcoin or anything else.  Sad

    But there are more then the one Bitcoin Eater Address... these are all Bitcoin Eater Adresses:

    1BitcoinEaterAddressDontSend8MUo1T
    1BitcoinEaterAddressDontSendDHyNcX
    1BitcoinEaterAddressDontSendKvw7XR
    1BitcoinEaterAddressDontSendS1NtDj
    1BitcoinEaterAddressDontSendXbTwCR
    1BitcoinEaterAddressDontSendf59kuE -> The most known with more than 13 BTC balance.
    1BitcoinEaterAddressDontSendpJqoEp
    1BitcoinEaterAddressDontSendsUWhmf
    1BitcoinEaterAddressDontSendzLvKvW

    If you want to have also a dump Bitcoin address that's not one of these, please make free to contact me. Smiley

    Best regards,

    Patrick Grin
    I'm sure the owner of the wallet address is bitcoin holders for long-term period maybe also the owner is a hacker.
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