Anonymous trader buys $400 million in bitcoin - page 3.

YuTü.Co.in

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Re-monetizing YouTubers via Crypto-commodities

Nothing like having a bullshit story picked up by other rags, e,g. http://fortune.com/2018/02/19/400-million-bitcoin-anonymous-investor/, eh?

This reminds me of the time when some homeless dude once found a discarded laptop in a dumpster, then tried to sell it for ten bucks to the fist couple he came across, but they being Bitcoiners quickly discovered that the laptop contain mega bitcoins, informing the dude of their finds upon passing on the deal of the century. The homeless dude tried to tip them but the anonymous couple simply said, "Thanks, but no thanks, because that's the way we roll." (paraphrased, but nailed the sentiment)

All the major news outlets picked up the story while I started a thread tearing the event a new asshole cuz ... wait for it ... that's how I roll. Roll Eyes

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: Xenrise on February 17, 2018, 10:17:42 AM

Quote from: gentlemand on February 17, 2018, 09:49:41 AM

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

Wow, thanks for this information. I really think that this would be a great news to bitcoin and cryptocurrency. And right now, good things are coming. And those bad things, bitcoin is about to forget that. I can say that bitcoin is now recovering.

theres many of them,i am just wondering what's the motive about this single wallet address purchase,,theres must be a reason why this investor do this action.but whatever it is.the important thing is this helps the market grow again after the huge dip

iv4n

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When price was at top and then started to go down, one of the big whales had some big sales in thousands of bitcoins couple times more then 3000 bitcoins were sent at one exchange, probably its the same person or group fund of more then one person, say it company. They sold o top and they bought again in the dip, we talk about that here everyday, someone did it with big money, that is the difference between us and big players they run the game.
In all that it's normal they wish to be anonymous, they wouldn't be able to do it again, and they will be in the news like some pro players on front page's, people who play games with bitcoin and earn billions from that.

Wind_FURY

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Quote from: gentlemand on February 17, 2018, 09:49:41 AM

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

But who is the person behind it? It must be Jihan Wu finally seeing the light! Hahaha.

Seriously, is it only coincidence that there were big buys from the $6000 "bottom"? It is possible that miners were protecting themselves from unprofitability and monthly loss if Bitcoin falls below some price point, or maybe they believe it was "cheap".

The mind of a miner regarding price, profitability and rising difficulty, https://bitcointalksearch.org/topic/m.29760400

fabiorem

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JP Morgan is joining TEH KULT. Maybe isn't them?

https://www.zerohedge.com/news/2018-02-11/jpmorgan-publishes-bitcoin-bible

Natsuu

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★Bitvest.io★ Play Plinko or Invest!

Even if its true or not investing that much will lead you to a never ending wealth. And if im that rich its not far for me to invest that much knowing btc is not yet in the edge of ending soon.

YuTü.Co.in

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Re-monetizing YouTubers via Crypto-commodities

Quote from: sjefdeklerk on February 18, 2018, 09:26:28 AM

Quote from: BrewMaster on February 18, 2018, 09:14:47 AM

the link to the "proof" that you repeated twice is already posted above by gentlemand literary in the first reply to this topic. did you bother to look at it?
do you even know what "blockchain analysis" means and what "walletexplorer.com" is doing?

I must have missed that. Yeah it does look like Huobi action indeed. Several inputs to 1 output per transaction, coming from Huobi sender. This particular account indeed must be Huobi cold wallet. Thanks.

I was alluding to the dude in question is using Huobi, thus supposedly traceable.

sjefdeklerk

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SODL

Quote from: BrewMaster on February 18, 2018, 09:14:47 AM

the link to the "proof" that you repeated twice is already posted above by gentlemand literary in the first reply to this topic. did you bother to look at it?
do you even know what "blockchain analysis" means and what "walletexplorer.com" is doing?

I must have missed that. Yeah it does look like Huobi action indeed. Several inputs to 1 output per transaction, coming from Huobi sender. This particular account indeed must be Huobi cold wallet. Thanks.

BrewMaster

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There is trouble abrewing

Quote from: sjefdeklerk on February 18, 2018, 08:51:24 AM

Quote from: Samarkand on February 18, 2018, 04:49:47 AM

this is an address of the exchange Huobi that is moving funds from several addresses under
their control (probably to a cold storage wallet with higher security).

But where's the proof for that? One guy on this forum said "It's Huobi" without any proof at all and then people like you simply started repeating it. Where's the proof?

the link to the "proof" that you repeated twice is already posted above by gentlemand literary in the first reply to this topic. did you bother to look at it?
do you even know what "blockchain analysis" means and what "walletexplorer.com" is doing?

sjefdeklerk

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SODL

Quote from: Samarkand on February 18, 2018, 04:49:47 AM

this is an address of the exchange Huobi that is moving funds from several addresses under
their control (probably to a cold storage wallet with higher security).

But where's the proof for that? One guy on this forum said "It's Huobi" without any proof at all and then people like you simply started repeating it. Where's the proof?

I saw a guy buying huge amounts of BTC on bitfinex, over 20k in just 1 day in the first week of february. So to me it would make sense if this huge buyer I saw was behind this account. And since he bought the coins in extremely non economic way, I still think it might be Bitfinex themselves with printed tether.

yonjitsu

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www.daxico.com

What a big amount of money invested on bitcon. If he bought it between Feb 9 and 12 which is 8,000$ plus, he's making millions of dollars already today even if bitcoin falls a bit to 10,000$.

Jacques_Bittard

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.

"LOOK! Someone bought a lot of bitcoin, so there must be a reason to own bitcoin, please buy bitcoin!"

lul

Samarkand

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Quote from: pitiflin on February 18, 2018, 04:41:21 AM

Yeah probably one of the guys who doesn't know much about bitcoin and buys just for the sake of it and forgets about it. ...

Have you actually read the posts above? This is not an actual buy of Bitcoins by a whale,
this is an address of the exchange Huobi that is moving funds from several addresses under
their control (probably to a cold storage wallet with higher security).

No whale would be able to buy that amount of BTC without a ton of slippage either.
400M $ of new capital would increase the BTC price tremendously due to the tiny
float of BTC on most exchanges.

pitiflin

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Yeah probably one of the guys who doesn't know much about bitcoin and buys just for the sake of it and forgets about it. I think he saw how people were going crazy about bitcoin and decided to spend some money on bitcoin and gift his kids that. This is why the society needs new wealthy elites so that they can use their money more wisely.

mklost

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A very promising future

pooya87

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regardless of the walletexplorer.com proof, whenever you purchase large amount of bitcoin you don't receive it in a transaction like this f60bb680d4b11a800fa72597dcd21eb803184f064bcf0bb7fb64c2d55d991c42 with 59 inputs and only 1 output any kind of purchase will always have a change address ie. 2 outputs.
additionally when you purchase from exchanges you can not withdraw 6000BTC at a time!
this behavior can only be coming from an exchange service which is moving funds from a lot of addresses to their multisignature cold storage.

p.s. this is what a whale looks like: https://btc.com/bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9

YuTü.Co.in

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Quote from: tee-rex on February 17, 2018, 11:34:17 AM

Quote from: putrisa on February 17, 2018, 10:58:51 AM

well this could be the beginning of the info needed to raise the price of bitcoin and it seems there will be better news from this which is likely to trigger a bitcoin price increase, just wait for the time.

So they are just trying to start another massive panic buy. Okay then, let's wait and see how it all plays out. Personally, I think there will a lot of resistance on the way up from those who bought at December highs and didn't sell at January lows, lol. It will take many such buys to move the price beyond $20k. They should have brought the price to $1k first to get rid of bag holders and clear the path to bitcoin Heaven.

https://www.investopedia.com/contributors/54684/

Quote

Nathan Reiff is a writer and musician based in the New York City area. He holds degrees from Yale University and the University of Michigan. Nathan has previously worked for Orion Consultants and Partners in Performance and has written for Internet Brands on subjects ranging from money matters to personal and home development. His interests include technology, travel, and food.

Read more: Nathan Reiff Bio | Investopedia https://www.investopedia.com/contributors/54684/#ixzz57OLFvkYa
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https://www.reddit.com/r/CryptoCurrency/comments/7y5aa5/us_government_offers_bounty_for_tips_on_pumpdump/

Blow the whistle on pump-and-dump schemers.
Virtual currency and digital token pumpand-dump schemes continue because they are mostly anonymous.
If you have original information that leads to a successful enforcement action that leads to monetary sanctions of $1 million or more, you could be eligible for a monetary award of between 10 percent and 30 percent.
For more information, or to submit a tip, visit the CFTC’s whistleblower.gov website.

Dear Whisteblowers guys,

I know this dude named Nathan who's pumping bitcoin with hopes perhaps of him dumping his holdings. Since the amount in question is well above the U$1M threshold, I'll settle for a monetary award of ONLY 5% plus a Reuben sandwich on marble rye with a spear of Aunt Bee's homemade pickles.

BTW, this whale was too easy to ID for me. That info, too, was submitted. Can't wait to get my Reuben sandwich. Yummy!

Huobi 100% knows who the dude(s) is/are since bitcoins were sent to them from said wallet address.

sjefdeklerk

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SODL

Quote from: jseverson on February 17, 2018, 11:29:06 AM

The address loaded up on Bitcoins between Feb. 9-12 though, and you posted your observations on Feb. 1, so maybe you saw a different case? Can't really rule out any market manipulation whenever Tether is involved at this point lol.

Obviously what you see in this guys wallet weren't trades. He was moving BTC from other wallets, most likely exchanges, to 1 single private wallet. So it DOES make sense that he bought the BTC shortly before.

tee-rex

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Quote from: putrisa on February 17, 2018, 10:58:51 AM

well this could be the beginning of the info needed to raise the price of bitcoin and it seems there will be better news from this which is likely to trigger a bitcoin price increase, just wait for the time.

So they are just trying to start another massive panic buy. Okay then, let's wait and see how it all plays out. Personally, I think there will a lot of resistance on the way up from those who bought at December highs and didn't sell at January lows, lol. It will take many such buys to move the price beyond $20k. They should have brought the price to $1k first to get rid of bag holders and clear the path to bitcoin Heaven.

jseverson

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Quote from: alyssa85 on February 17, 2018, 09:57:29 AM

Thanks! I wonder why this story suddenly blew up. Did people not realize it was an exchange wallet?

Well sites earn money from clicks, and saying someone loaded up on $400m worth of Bitcoins is much more attractive than saying some exchange is gathering coins to an address lol.

But yeah, someone buying that much would certainly have caused a sudden spike, and I haven't noticed any the past few days, so I thought something was wrong. This was either a bad journalist who doesn't do much research, or a good one who can mislead readers for their own agenda.

Quote from: sjefdeklerk on February 17, 2018, 10:31:54 AM

See my post where I noted he bought over 20.000 BTC in just 24 hours in that thread.

So this 100% sure isn't some 'exchange'. This is someone who actually purchased the coins because I saw it happening. But he did so in an extremely weird manner, not caring about millions of dollars (by only buying bitfinex and not other exchanges who were sometimes $600 lower already effectively giving away millions and millions of dollars). It's of course possible that it's a hedgefund. But it must then be a pretty stupid one. More likely, it seems to me, it's bitfinex with printed tether.

The address loaded up on Bitcoins between Feb. 9-12 though, and you posted your observations on Feb. 1, so maybe you saw a different case? Can't really rule out any market manipulation whenever Tether is involved at this point lol.

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