Topic: 8,400 bitcoin (Read 1784 times)
it could also be that some big farm is ready to pay the bill, and is transferring the money to a safer address, chinese for example, they produce a large amount every day, 8400 would be produced in a few days
It was probably an exchange moving coins or an early investor dumping his coins.
It will probably mean something if let's say the large transfers were reflected and coupled with heavy movement in the bitcoin price. But most of the time it's just the exchangers doing some internal transfer to their cold wallet or vice versa. Watching the numbers move around might be fun for certain people but not me.
Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
You can't blame bitcoiners on noticing and reporting big transactions that are happening within the network, because it may either affect the price e.g. someone dumped x amount of coins or someone bought x amount of coins. Also, big transactions can sometimes indicate a big player entering the ecosystem. If you're worried about other people's privacy, then maybe you're forgetting that there aren't any personal details attached to a bitcoin address. The anonymity feature of bitcoin does that.
Cool
Pretty cool site. I just zoned out listening to the transactions for a few minutes. Very peaceful 
Me too i have to be honest very relaxing tings and dongs, reminded me of lucky bits noises. Nice transactions 8400, i double check over a 2+btc transaction that must be kind of strange knowing a wrong click or trypo says bye bye to $2+million! I would check and check again multiple times and send a few dust transactions first. Totally on edge once sent
Very peaceful and also lovely to look at:
Pretty cool site. I just zoned out listening to the transactions for a few minutes. Very peaceful
Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
I don't understand your concern on privacy. If someone makes a bulk transaction, such as sending BTC10,000 to someone else, only the amount of Bitcoins, time of transaction, current wallet balance and the Wallet addresses will be shown in Blockchain. There is no way to identify the person who send those coins or the one who received them.
Thnx for the great site mate 
Big business!
Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
Most of the big transactions are old late 2011, you can't really know who owns a particular address privacy is built in feature in bitcoin. 
Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
It is the contrary, if in the blockchain some transaction will be hidden that no one will use it because there are (exist) the banks, so why use another "method" to send money? The biggest and good thing in the blockchain is the pseudo-anonymity, everyone can see bitcoin moved from 1* to 2* but no one know who is 1* and who is 2* (unless who send or receive those bitcoins declare himself owner of the address-1 or address-2).
Sometimes, I hate BTC. It's awful that each time there's a big transaction, there's someone to report it. What about the right to privacy?
I was just sitting watching and listening to the bitcoin transactions at http://www.bitlisten.com/ when, at around 02.12 am GMT, the biggest bubble I've ever seen there appeared and filled the screen.
It was a payment of 8,400 btc
Good Grief.....that's around 2 million dollars!
Way to go!
Probably an early ass adopter... pretty common transaction for these guys, it's pretty depressing to think it could have been me.It was a payment of 8,400 btc
Good Grief.....that's around 2 million dollars!
Way to go!
Btw that site is pretty nice, didn't know it.
I actually like listening to that site sometimes too. When I have the time I play it in the background and wait until I see something exciting.
Even though this transaction might seem big to you, it actually is not. It is rather unusual, but not big. We've had much larger money movement in the past.
Even though this transaction might seem big to you, it actually is not. It is rather unusual, but not big. We've had much larger money movement in the past.
unless he is an early adopter, that was tired of waiting, or just an hacker that stole those coins from innocents users
8k isn't that much for many
8k isn't that much for many
He never said that those coins were his own. He just said that he saw the bubble in BTC Listen. It may be some of the exchanges moving their coins.
I hope the wallets were backed up!
It's only worth that much for you if you haven't gotten into the game back in 2010 or 2011! I always imagine the early adopters still considering their amount to be wort a couple hundred USD or something....
If you had 5000k BTC in late 2012 and early 2013 when the price went up, would you sell?
anyone with that amount would have sold at 10 dollars too, too much bitcoin to handles, let alone at 1k in 2013
This is normal, because no one can really predict the future but 5'000 BTC * 10 $ = 50'000 dollars < then 5'000 BTC * 1'000 $ = 5'000'000 dollars this is the real difference. Bitcoin is a really good thing (if you were one of the first who found it).
It's only worth that much for you if you haven't gotten into the game back in 2010 or 2011! I always imagine the early adopters still considering their amount to be wort a couple hundred USD or something....
If you had 5000k BTC in late 2012 and early 2013 when the price went up, would you sell?
anyone with that amount would have sold at 10 dollars too, too much bitcoin to handle, let alone at 1k in 2013
It's only worth that much for you if you haven't gotten into the game back in 2010 or 2011! I always imagine the early adopters still considering their amount to be wort a couple hundred USD or something....
If you had 5000k BTC in late 2012 and early 2013 when the price went up, would you sell?
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