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Topic: ASICMINER Speculation Thread - page 20. (Read 808736 times)

hero member
Activity: 938
Merit: 502
August 28, 2014, 06:21:10 AM
The more I watch that address, the more I think it is a cold wallet for an exchange.

There's a 2-3k resistance at $515 on Bitstamp - you could be right and the almost-hyperactive activity this address could just reflect the mobilization of those funds.
legendary
Activity: 994
Merit: 1000
August 28, 2014, 02:45:18 AM
The more I watch that address, the more I think it is a cold wallet for an exchange.
sr. member
Activity: 240
Merit: 250
August 28, 2014, 02:44:38 AM
adds to the drama imo.

This is better than The Bold and The Beautiful
legendary
Activity: 994
Merit: 1000
August 28, 2014, 02:41:45 AM

Did you create the account 9 months ago simply for dramatic effect or...

I hadn't noticed the account age.  How very odd... adds to the drama imo.
hero member
Activity: 938
Merit: 502
August 28, 2014, 02:32:38 AM

Did you create the account 9 months ago simply for dramatic effect or...
legendary
Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
August 28, 2014, 12:23:15 AM
The address Franktank has highlighted above also belongs to this exchange.

This suggests to me that this address was for the purpose of converting some coin to cash, 500 BTC at a time, in most cases. Coins coming from the exchange could potentially be from buyers of equipment who used the exchange as an intermediary to convert their cash to BTC to buy goods. This has a better chance of being true if there is a compelling reason for these purchases to frequently be in the 300 BTC range. The random variance in the BTC received from the exchange would suggest they were paying for something priced in currency.

That seems like a good analysis to me its possible that some of those coins are being converted to exchanges for Fiat and then used to purchase more gear or equipment for sales.
In that case the question is what the money is going towards but we probably won't know for a while
A few more days left in August for dividends to resume and its past Wednesday though so hope to see something in September.
legendary
Activity: 994
Merit: 1000
August 28, 2014, 12:23:03 AM
1) If you look carefully at a few of the transactions from that address, it has received BTC from (directly or indirectly) from F2Pool. F2Pool is also known as Discus Fish, which is located in China (citation needed) and is rumored to be one of the few pools where AM is mining. Check the wallet link and click "Related Tags"

2) Looking at F2Pool/Discus Fish's mining user list, the largest miner in their pool (via 20 min avg) appears to only have started to receive payments from only several days ago. This is similar to age of the mentioned wallet address as it too is also a very new address of being a few days old.

3) The mentioned address is has also sent & received BTC from a wallet address rumored to have received BTC from AM sales. Again, there have been no references other than the quote below (and I've spent quite a bit of time looking too) -

Nice catch on the F2Pool link and the sales address connection, that is exactly what was needed to lend this 'rumor' some legitimacy. 

Do you have a link for the F2Pool user list?  I emailed them a few days ago and they said they didn't have a user list.
legendary
Activity: 896
Merit: 1001
August 27, 2014, 11:56:44 PM
He just dropped a 16k bitcoin address on the speculation thread, insinuating that it is the dividend payout address (which would be about .04btc / share) without any explanation.

Either it's someone playing a sick joke, or someone with insider information.

A franchisee could possibly have this information by following the flow of their payment to AM and would have the incentive to hide their identity by creating a new account.

I'm hoping this is legit... a .04 btc/share dividend would be amazing.

I do not believe it is a sick joke (not insider info either imo), due to the following reasons:

1) If you look carefully at a few of the transactions from that address, it has received BTC from (directly or indirectly) from F2Pool. F2Pool is also known as Discus Fish, which is located in China (citation needed) and is rumored to be one of the few pools where AM is mining. Check the wallet link and click "Related Tags"

2) Looking at F2Pool/Discus Fish's mining user list, the largest miner in their pool (via 20 min avg) appears to only have started to receive payments from only several days ago. This is similar to age of the mentioned wallet address as it too is also a very new address of being a few days old.

3) The mentioned address is has also sent & received BTC from a wallet address rumored to have received BTC from AM sales. Again, there have been no references other than the quote below (and I've spent quite a bit of time looking too) -

coins are on the move from the sales thread BTW  Grin

https://blockchain.info/address/12ucMegjPDx7n8UHryWRRmRJYDCpZGtjUb
https://blockchain.info/address/1FKFSu3f3jNwjwSkmpLSGrsd1FPXr3Wdbb
https://blockchain.info/address/1FqFJHvR91t8DTjAVD75CJ4cKTxuPPu6Cq <----

im not very good at making any sense of it though, lots of coins started going to some of those around may june

Now these three examples can only be considered speculation at best (perhaps even grasping at straws) but it does make one wonder...

I combed through it myself and found nothing compelling. Some things I pieced together that are likely, but not guaranteed to be true:

The address uses multisig transactions. The person who owns it is either very security conscious, or there are multiple parties involved with overseeing it.

After this wallet was setup, the first transaction to it was to test that it was working as expected. The test transaction came from someone's personal "play money" account, which has always had a balance of less than 2BTC or thereabouts, and has several transactions with bitcoin gambling sites, and not much else.

After those transactions were confirmed, the account immediately received a large balance of coins (2000) from an address which is pretty ambiguous in origin.

That large balance was then sent in "chunks" over the next couple days (mostly 500 coins at a time, some 300 and 200) to a Chinese bitcoin exchange address belonging to https://cny2btc.com/. Most of the transactions are too and from this Chinese exchange.

All the transactions sent to the exchange are even numbers like 500. All the coins sent FROM the exchange are odd numbers, usually around 300 coins.

The address Franktank has highlighted above also belongs to this exchange.

This suggests to me that this address was for the purpose of converting some coin to cash, 500 BTC at a time, in most cases. Coins coming from the exchange could potentially be from buyers of equipment who used the exchange as an intermediary to convert their cash to BTC to buy goods. This has a better chance of being true if there is a compelling reason for these purchases to frequently be in the 300 BTC range. The random variance in the BTC received from the exchange would suggest they were paying for something priced in currency.
hero member
Activity: 560
Merit: 500
August 27, 2014, 11:24:45 PM
He just dropped a 16k bitcoin address on the speculation thread, insinuating that it is the dividend payout address (which would be about .04btc / share) without any explanation.

Either it's someone playing a sick joke, or someone with insider information.

A franchisee could possibly have this information by following the flow of their payment to AM and would have the incentive to hide their identity by creating a new account.

I'm hoping this is legit... a .04 btc/share dividend would be amazing.

I do not believe it is a sick joke (not insider info either imo), due to the following reasons:

1) If you look carefully at a few of the transactions from that address, it has received BTC from (directly or indirectly) from F2Pool. F2Pool is also known as Discus Fish, which is located in China (citation needed) and is rumored to be one of the few pools where AM is mining. Check the wallet link and click "Related Tags"

2) Looking at F2Pool/Discus Fish's mining user list, the largest miner in their pool (via 20 min avg) appears to only have started to receive payments from only several days ago. This is similar to age of the mentioned wallet address as it too is also a very new address of being a few days old.

3) The mentioned address is has also sent & received BTC from a wallet address rumored to have received BTC from AM sales. Again, there have been no references other than the quote below (and I've spent quite a bit of time looking too) -

coins are on the move from the sales thread BTW  Grin

https://blockchain.info/address/12ucMegjPDx7n8UHryWRRmRJYDCpZGtjUb
https://blockchain.info/address/1FKFSu3f3jNwjwSkmpLSGrsd1FPXr3Wdbb
https://blockchain.info/address/1FqFJHvR91t8DTjAVD75CJ4cKTxuPPu6Cq <----

im not very good at making any sense of it though, lots of coins started going to some of those around may june

Now these three examples can only be considered speculation at best (perhaps even grasping at straws) but it does make one wonder...
legendary
Activity: 1008
Merit: 1000
August 27, 2014, 11:19:41 PM

He just dropped a 16k bitcoin address on the speculation thread, insinuating that it is the dividend payout address (which would be about .04btc / share) without any explanation.

Either it's someone playing a sick joke, or someone with insider information.

A franchisee could possibly have this information by following the flow of their payment to AM and would have the incentive to hide their identity by creating a new account.

I'm hoping this is legit... a .04 btc/share dividend would be amazing.

Mmmmm.... 0.04 btc/share...

... sadly, I think if an insider knew that this was the case, he/she would probably buy a lot of AM1 shares.
legendary
Activity: 994
Merit: 1000
August 27, 2014, 11:12:20 PM

He just dropped a 16k bitcoin address on the speculation thread, insinuating that it is the dividend payout address (which would be about .04btc / share) without any explanation.

Either it's someone playing a sick joke, or someone with insider information.

A franchisee could possibly have this information by following the flow of their payment to AM and would have the incentive to hide their identity by creating a new account.

I'm hoping this is legit... a .04 btc/share dividend would be amazing.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
August 27, 2014, 10:19:41 PM
Well used some tracking software for Bitcoin addresses which I didn't know existed till today lol must be new
And still not anywhere closer to answering that question
https://www.blocktrail.com/address/3MkwFfGNQDve7vz1z6gUDVxkuQpcSV3Mz8

Just going to say some large bitcoin address with Multisig
Perhaps 3/3 or 2/3
legendary
Activity: 896
Merit: 1001
legendary
Activity: 1008
Merit: 1000
legendary
Activity: 994
Merit: 1000
legendary
Activity: 1484
Merit: 1003
Still wild and free
newbie
Activity: 4
Merit: 0
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
August 27, 2014, 04:57:59 PM
Does Anyone know if there are graphs on btcguild ranks (hashrates) over time?
I am curious, I would like to know when AM started mining there again, and how fast they achieved 276,342.84 GH/s
hero member
Activity: 938
Merit: 502
August 22, 2014, 04:55:17 PM
How is AM100 relevant?
I'd stick to AM1, AM100 is for spare change if you really want to.
(or to trick newbs)


Probally to trick newbs
Just pointing out how thin that sell order wall was compared to the buy side
Seemed like some obvious pushing ^^.

Since I don't like to mess with my AM1 shares I play with AM 100 speculation on a small scale.  Occasionally it allows me to arb them into AM1 at a profit, and I start over again.  Keeps me sane (well, more so).

Aww c'mon Lohoris, no love for the ThickAsThieves magnum opus?
legendary
Activity: 2016
Merit: 1259
August 22, 2014, 02:07:14 PM
How is AM100 relevant?
I'd stick to AM1, AM100 is for spare change if you really want to.
(or to trick newbs)


Probally to trick newbs
Just pointing out how thin that sell order wall was compared to the buy side
Seemed like some obvious pushing ^^.

Since I don't like to mess with my AM1 shares I play with AM 100 speculation on a small scale.  Occasionally it allows me to arb them into AM1 at a profit, and I start over again.  Keeps me sane (well, more so).
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