In only 11 kB, too!
Now i understand Bill Gate's famous quote "64KB is more than enough for anyone."
Sure it is
hahahaha +1
Topic: 570830.34 of btc was traded today or 1.2MM usd (Read 1877 times)
Now i understand Bill Gate's famous quote "64KB is more than enough for anyone."
Sure it is
hahahaha +1
In only 11 kB, too!
Now i understand Bill Gate's famous quote "64KB is more than enough for anyone."
Sure it is
In only 11 kB, too!
570k is simply a dumb total of the BTC in the block. A "true" total would probably be closer to 200k, and even then, you cannot know if someone isn't simply sending change to another wallet of their own.
200k of btc is still (at mtgox low price at the time of 2.33 usd) still is a possible 466k of usd.
Here --> http://blockexplorer.com/block/0000000000004fab39c441bbd50cdbaeeec7b43d564f1c97d487fcd94bacd2c6
570830.34 of btc was traded today in the above mentioned block. That represents 1.2MM usd (based on mtgox low trade price for the time). In one block 1.2MM dollars was transferred. This is getting serious.
570830.34 of btc was traded today in the above mentioned block. That represents 1.2MM usd (based on mtgox low trade price for the time). In one block 1.2MM dollars was transferred. This is getting serious.
Not quite correct. Trading occurs on an exchange, and does not typically show up in the block chain immediately.
In the block you reference, one person sent 84k or 164k (you cannot know which is the change TX, sent back to one's self).
Two 10k chunks were then peeled off that 164k chunk.
570k is simply a dumb total of the BTC in the block, including all change transactions sent back to yourself. A "true" total would probably be closer to 200k, and even then, you cannot know if someone isn't simply sending change to another wallet of their own.
Background: Every time you sent bitcoins from person A to person B, let's say 100 BTC, bitcoin software finds a "coin" of at least 100 BTC. If it cannot find a coin of exactly 100 BTC in size, it takes a larger coin and splits the coin into two pieces. If person A only has a 1000 BTC coin, then http://blockexplorer.com/ will show a transaction with two outputs: 100 BTC (spend) and 900 BTC (change). The latter 900 BTC is sent from yourself, to yourself.
Here --> http://blockexplorer.com/block/0000000000004fab39c441bbd50cdbaeeec7b43d564f1c97d487fcd94bacd2c6
570830.34 of btc was traded today in the above mentioned block. That represents 1.2MM usd (based on mtgox low trade price for the time). In one block 1.2MM dollars was transferred. This is getting serious.
570830.34 of btc was traded today in the above mentioned block. That represents 1.2MM usd (based on mtgox low trade price for the time). In one block 1.2MM dollars was transferred. This is getting serious.
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