Author

Topic: Block 142742 [MtGox] (Read 2029 times)

legendary
Activity: 1386
Merit: 1004
August 27, 2011, 01:53:55 PM
#15
0 fees paid - why am I paying 0.01 fees on a 0.1btc transaction?

The main reason for that is to prevent transaction spam of course they also go to help pay costs.  Before the fees people were sending thousands of tiny transactions back and forth to themselves for an unknown reason.  
legendary
Activity: 1176
Merit: 1257
May Bitcoin be touched by his Noodly Appendage
August 27, 2011, 01:46:21 PM
#14
0 fees paid - why am I paying 0.01 fees on a 0.1btc transaction?
Because you don't use the last version of the client
full member
Activity: 125
Merit: 100
August 27, 2011, 01:42:45 PM
#13
Nice Detective work gents....... Smiley
hero member
Activity: 955
Merit: 1002
August 27, 2011, 01:27:51 PM
#12
0 fees paid - why am I paying 0.01 fees on a 0.1btc transaction?
sr. member
Activity: 252
Merit: 251
August 27, 2011, 10:56:32 AM
#11

It is certainly unwise for most people to hold that many bitcoins on MtGox, imho.

Mark has stated 98% of their funds are in offline wallets, in safe vaults etc.
Many of the transactions in this block could be going into those.

I don't think it's unwise, as the risk of total loss doesn't exist.
In fact their system is more theft proof than anything I've come across in terms of currencies and commodities.

1. There is a 100btc per day limit on every account
2. Even if you found a perfect way to rob them of their online wallets, you only get 2% of their funds

Unless you can get him to reveal the details of the encrypted memory sticks etc & their locations at gunpoint, they will be safe forever.
hero member
Activity: 868
Merit: 1008
August 27, 2011, 09:47:57 AM
#10
Most impressive.  At $15 a coin market cap of $34.8 million.

You calculated that based on the entire amount that moved in that transaction, however I'm sure not all of the transactions in that block are mtgox.  The first one seems to be a confirmed mtgox transaction from and address that had ~384,000 bitcoins. 
legendary
Activity: 1288
Merit: 1080
August 27, 2011, 09:04:54 AM
#9

It is certainly unwise for most people to hold that many bitcoins on MtGox, imho.
sr. member
Activity: 461
Merit: 251
August 27, 2011, 12:33:40 AM
#8
*whistles*
full member
Activity: 154
Merit: 100
August 26, 2011, 11:50:05 PM
#7
Ah. Make sense. I should of 'dug' deeper down the chain.

Cheers,
Kermee
hero member
Activity: 563
Merit: 501
betwithbtc.com
August 26, 2011, 11:42:57 PM
#6
1/3 of all Bitcoins are held in the MtGox coffers??  WOW.
legendary
Activity: 1204
Merit: 1015
August 26, 2011, 11:30:47 PM
#5
Mt. Gox most likely.
Confirmed. The 424242.42424242 transfer is in the chain, and is noticeable here:
http://blockexplorer.com/tx/27bb969ff9dbfbc11c593316cfd30258dfe73a78a0f0d999939aa767ee0045d4
newbie
Activity: 34
Merit: 0
August 26, 2011, 11:30:41 PM
#4
Here's one of the input blocks:

http://blockexplorer.com/address/1eHhgW6vquBYhwMPhQ668HPjxTtpvZGPC

Definitely MtGOX, they used those 424242 transactions in the past to prove that they had control of funds after the hack.
N12
donator
Activity: 1610
Merit: 1010
August 26, 2011, 11:29:17 PM
#3
Wow, this is incredible. It’s only 4 blocks ago (MtGox takes 6 confirmations).

Can you say what the oldest block there was? This must be Satoshi?

Alright, looks like we can hold off panicking for now. Grin
sr. member
Activity: 406
Merit: 256
August 26, 2011, 11:28:40 PM
#2
Mt. Gox most likely.
full member
Activity: 154
Merit: 100
August 26, 2011, 11:23:50 PM
#1
Block 142742

2.32m BTC's just moved... Nearly 1/3 of all available BTC's mined so far.

Any guesses who?

Cheers,
Kermee
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