This is for the brainlets that think Putt is a shitcoin millionaire (whatever)

submitted ago by mikenigger

There have been posts over the years that "prove" voat received/has more than 700 BTC, completely ignoring the transaction volume for the addresses:

https://www.blockchain.com/btc/address/1C4Q1RvUb3bzk4aaLVgGccnSnaHYFdESzY

https://www.blockchain.com/btc/address/3NZvuAk3Csf1UP1KCmzN9dhiXTwvhTgr9k

archives for addresses

* https://web.archive.org/web/20150612230658/https://www.voat.co/

* https://web.archive.org/web/20190318163821/https://voat.co/v/Goats4Voat/271802

This rules out any of the claims of voat getting more than 70 BTC over its lifetime, the older wallet has $8k but that's from 2015 and may be inaccessible.

Shit like walletexplorer might show the address as part of a wallet with 700+ BTC, but it certainly didn't come through donations and more than likely it's part of an exchange wallet (remember when everyone was a retard and trusted the exchanges with their shitcoins?).

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fullAss ago

But isn't receiving 7.7 BTC total like getting $20k a year minimum, even correcting for high BTC prices?

mikenigger ago

The last transaction is -$442.83 of today's BTC value out of the 3NZ wallet at 2019-04 and basically nothing happened since then, the other wallet is inactive since 2017-12. Back then it was 2-3x less valuable.

fullAss ago

Well the end of 2017 was a BTC peak/high mark. I guess we're both too lazy to do the math. Anyway good post.

mikenigger ago

I don't bother because it was probably spent at a reasonable rate until it ran out.