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Topic: 194,993 BTC transaction (Read 14986 times)

legendary
Activity: 924
Merit: 1129
November 24, 2013, 03:39:27 PM
#88
You realize that someone who wanted full current value for his coins (and sanity for the bitcoin economy itself) would not kill the price; he'd just stop the price from rising quite so fast.  Offer a bunch of coins at $1000 setting up a "wall" there that takes a week or so to break, even with newbies getting in as fast as they can, then let it roll for a little while and set up another "wall" at $1200, etc.  People with that kind of money can choose to just plain *stop* the price from going hyperbolic (and then crashing) when mainstream adoption kicks in. 

And that may be what they're getting ready to do.  We've been with the highs and the crashes for years, but we're not the mainstream yet.  The mainstream would be terrified to get into something and *then* discover that it's as volatile as it's been for us.

Anyway, someone with this kind of coin can do a lot to dampen volatility.   
legendary
Activity: 1855
Merit: 1016
November 24, 2013, 03:16:21 PM
#87
Artforz finally cashing out? Smiley
maybe
legendary
Activity: 2674
Merit: 2965
Terminated.
November 24, 2013, 12:26:37 PM
#86
someone preparing to cash their $$$ in when bitcoin hits 1000/BTC


I doubt that.
legendary
Activity: 1036
Merit: 1000
November 23, 2013, 12:10:51 PM
#85
I made a post but didn't see it was there already Sad

Also I looked a bit and noticed that someone also moved about 100,000 today
https://blockchain.info/address/13f6vcKNGZxp6xegD3e5vNYvHHPMSk7mxj

Is that a whale messaging Satoshi? Or is that public note added by someone else?
full member
Activity: 126
Merit: 100
Bitstamp trader
November 23, 2013, 10:17:16 AM
#84
someone preparing to cash their $$$ in when bitcoin hits 1000/BTC

full member
Activity: 168
Merit: 101
November 23, 2013, 09:25:57 AM
#83
I made a post but didn't see it was there already Sad

Also I looked a bit and noticed that someone also moved about 100,000 today
https://blockchain.info/address/13f6vcKNGZxp6xegD3e5vNYvHHPMSk7mxj
sr. member
Activity: 543
Merit: 250
November 23, 2013, 09:16:29 AM
#82
Can't they just give me like 10 BTC.
Or cant they give 1 BTC to 100,000 people!  Cry
hero member
Activity: 686
Merit: 504
always the student, never the master.
November 23, 2013, 05:38:20 AM
#81
This is a company most likely. it was relayed by an ip fromHetzner's server block(german hosting company), and includes addresses for coinbase and other vendors.

i followed the bulk of it to this address https://blockchain.info/address/13f6vcKNGZxp6xegD3e5vNYvHHPMSk7mxj?show_adv=true
legendary
Activity: 1002
Merit: 1000
Bitcoin
November 23, 2013, 05:24:09 AM
#80
About coin distribution..

Because Bihthttp://bitcoinrichlist.com/top100p://bitcoinrichlist.com/top100coin are not mainstream yet, for sure only a very small proportion of the population own Bitcoin.  Some own a lot.  If we compare the coin distribution compared to the fiat distribution, I think fiat currencies are much more concentrated in the pocket of a few.

Bitcoin : 30% in the top 500 wallet..   http://bitcoinrichlist.com/top100

I beleive that more then 80% of all fiat currencies are in the pocket of less than 500 human beings..

So, even if not yet mainstream, Bitcoins are much more distributed than other currencies.

As the Bitcoin ecosystem grows, it should become even more distributed.

Gratz to the whealty ones, they search for alternatives and found BTC.  They also understood the true power of it, and had strong hands to be able not to sell.  They are rightfully whealty, by merit !

Was my 0.0000002 btc

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
November 23, 2013, 05:18:21 AM
#79
Oh, hey, whoever you are, vtc.com is for sale for about 12,500 BTC at current rates, and I'm willing to do the escrow. I think its priced in fiat, just using BTC to do the trade. It was going for 75,000 BTC last month, but the USD rate then was only 133 per BTC.
sr. member
Activity: 378
Merit: 255
November 22, 2013, 11:35:21 PM
#78
No transaction fee lol.

Probably not on purpose.

BlockChain is doing that by default now.
high priority transaction don't need a fee.

and I really doubt anyone is holding $147M on blockchain.

True - didn't think of that.

I wonder where one stores $147M in BTC...

Mhmm...  A vault? Lol.


Brainwallet.  Cheesy
member
Activity: 86
Merit: 10
November 22, 2013, 11:32:14 PM
#77
Beautiful, so effortless to move so much money

+1 couldn't agree more

Sorry for the old bump
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
November 22, 2013, 09:55:30 PM
#76
Will someone test what is the real market cap?
9,294,822,550 USD
http://bitcoinwatch.com/

You must be an absolute fool to believe that 9.2 billion USD actually flowed into Bitcoin.

Market cap does not mean the amount of money that flowed into a stock. It is a simple metric, number of outstanding shares times the price.
Perhaps think before name calling.

Some seem to believe it does. Obviously Ekaros hinted at that by mentioning 'real market cap'. Bitcoin has not enough liquidity to live up to that number of 9 Billion, not even close. That number by 50 is what you could get out if you wanted, maybe.

I'm not sure I follow you. If we look at the order book, there is a pretty solid number that we know (how many buyers below, sellers above - though manipulated). There are also orders not on the orderbook - and perhaps they dwarf it.

Well, anyway, with all that BTC represents, perhaps it is fair to say that it deserves a HUGE market cap. We have a stock (in the network), asset, currency, protocol, development platform, commodity, etc. all in one. And, it is in the financial sector during a time of crisis. We have a new entity and by all measure, it certainly seems to be moving up in an S-Curve fashion.

I would not be shocked in 5 years to see the "market cap" at 1 Trillion USD. But likewise, I would not be shocked (just saddened if the mission was not accomplished or set in motion) if it was lower than now.

That would equate to ~$75,000 USD per bitcoin. Do you realize how much barn wood I could buy with that? And earn 500% profit when I sell it. I can...let me do the math...WoW! I can buy a new truck... and a couple goats.
hero member
Activity: 546
Merit: 500
hm
November 22, 2013, 09:01:08 PM
#75
That's just ridiculous... Numbers like these make we wonder if bitcoin will survive.. how can ANYONE have that many bitcoins o_0

If bitcoin succeeds... there will be so many billionaires made it's not even funny.

Anything else would be strange...
member
Activity: 84
Merit: 10
November 22, 2013, 08:40:20 PM
#74
That's just ridiculous... Numbers like these make we wonder if bitcoin will survive.. how can ANYONE have that many bitcoins o_0

If bitcoin succeeds... there will be so many billionaires made it's not even funny.
donator
Activity: 1218
Merit: 1015
November 22, 2013, 08:39:52 PM
#73
Need more rich trolls.

153apNjAQ96uKdxGYBEvzHYB8UpoeyaYdn
V
1FollowAQ96uKdxGYBEvzHYB8UpoeyaYdn
V
1CluesjAQ96uKdxGYBEvzHYB8UpoeyaYdn
V
1ForpNjAQ96uKdxGYBEvzHYB8UpoeyaYdn
V
1PrivNjAQ96uKdxGYBEvzHYB8UpoeyaYdn
V
1KeypNjAQ96uKdxGYBEvzHYB8UpoeyaYdn

Vanity address riddles costing many, many weeks of peoples' time in subsequent transactions. Eventually, it leads to a hosted, encrypted archive (password and URL found by solving all the riddles) with a .txt in it - "lol jk."
member
Activity: 112
Merit: 10
November 22, 2013, 08:33:16 PM
#72
Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?

They are splitting them up.
legendary
Activity: 1974
Merit: 1029
November 22, 2013, 08:25:04 PM
#71
please distribute these coins ASAP poeple need them

Yeah I could use some! Black friday is 'round the corner.
newbie
Activity: 56
Merit: 0
November 22, 2013, 08:23:16 PM
#70
Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?
[/quote

Most likely this person does have alternate wallets...
newbie
Activity: 56
Merit: 0
November 22, 2013, 08:21:04 PM
#69
Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?
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