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Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B

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189 points aorloff | 3 comments | 04 Jul 25 18:41 UTC | HN request time: 0.413s | source
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IncreasePosts ◴[04 Jul 25 18:59 UTC] No.44467014[source]▶
Imagine finding a file on an old laptop from when you were just futzing around 15 years ago. And it was worth $9 billion.
replies(1): >>44467104 #
bravoetch ◴[04 Jul 25 19:13 UTC] No.44467104[source]▶
It's not that. These are addresses with 10k BTC each. That's very intentional storage even for 2011.
replies(1): >>44467170 #
1. bombcar ◴[04 Jul 25 19:24 UTC] No.44467170[source]▶
Wasn’t 10k bitcoin the price of a pizza or something back then?
replies(2): >>44467239 #>>44469783 #
2. qqqult ◴[04 Jul 25 19:33 UTC] No.44467239[source]▶
BTC ranged between $0.30 and $27 back in 2011 so not quite
3. canucker2016 ◴[05 Jul 25 02:52 UTC] No.44469783[source]▶
10K BTC for two Papa John's large pies. see https://marketrealist.com/what-is-the-bitcoin-pizza-transact...

That's about US$500M per pie these days ( 1BTC ~= US$100K )