pull down to refresh

Sunday Survey: How old is your oldest UTXO?
529 sats \ 13 comments \ @jimmysong 12 Jan bitcoin
less than a week7.1%
more than a week, less than a month0.0%
more than a month, less than 3 months0.0%
more than 3 months, less than a year17.9%
more than a year, less than 3 years14.3%
more than 3 years, less than 5 years14.3%
5 years or more28.6%
I don't own any UTXOs17.9%
28 votes \ poll ended
write
preview
related posts
63 sats \ 1 reply \ @TNStacker 12 Jan
Nice try, Fed.
reply
42 sats \ 0 replies \ @siggy47 12 Jan
Damn. I get so few opportunities lately.
reply
15 sats \ 1 reply \ @kruw 12 Jan
Wasabi Wallet automatically consolidates my UTXOs by remixing them in coinjoins, so I don't have any UTXOs older than a week :)
reply
0 sats \ 0 replies \ @Eghigc 12 Jan
CBTM
reply
0 sats \ 0 replies \ @nym 12 Jan
reply
0 sats \ 0 replies \ @fa0455a47e 12 Jan freebie
What is it ? There is no such thing in my country
0 sats \ 0 replies \ @IamSINGLE 12 Jan
I don't own them, I'd own most of my stack in lightning wallets so probably won't need them.
Or do I?
reply
0 sats \ 1 reply \ @Coinsreporter 12 Jan
TBH, I keep a few from 2011.
reply
0 sats \ 0 replies \ @DarthCoin 12 Jan
says the shitcoiner...
reply
0 sats \ 0 replies \ @grayruby 12 Jan
I don't own any is much higher than I thought.
reply
0 sats \ 2 replies \ @DarthCoin 12 Jan
I lost my old UTXOs in the historical dump of 2017 after the BCH shitcoin fork. I had to in order to be able to claim the new coins and dump them immediately for new fresh BTC UTXOs.
I still keep a small one as a relic from 2012.
reply
21 sats \ 1 reply \ @ZezzebbulTheMysterious 12 Jan
One theory i have thought about for years is that the 2017 event was used to determine how much 'lost' coin there is.
There is some value in knowing what has been in circulation since 2017, given wider usage of BIP32 and stronger key management practices.
While splitting is of negligible value today, there might be folks out there today with unsplit UTXOs pre-2017, although the 'coupon' here presented by contentious hard forks reduces in value every year.
Always bet on orange!
(and i have to say kudos on having the nerve to split old UTXOs at the time. in hindsight, it was the economically correct decision to make).
reply
0 sats \ 0 replies \ @DarthCoin 12 Jan
when I saw that the fork is going to happen, I prepared myself with all extracted privkeys and be ready to do the dump immediately is possible.
I knew it will be a matter of hours or few days until the exchange rate BTC/BCH is going to drop fast so the race was to obtain as much as you can more new fresh coins and secure them in a new UTXO.
The only thing that was delayed was only decent exchanges (not scams) that were willing to accept the dump, you know...
Lucky for me I knew a dumb bcasher that was willing to take a lot of my newly BCH in exchange for his BTC at 1:1. So I had to use regular exchanges only for a small portion of dumping BCH, with a lower rate of exchange.
Daaamn was so fast those days, if you were a clueless noob you will got shit. Fucking exciting times...
reply