Author

Topic: Blocks 286,287,288 (Read 722 times)

sr. member
Activity: 285
Merit: 250
December 27, 2015, 07:52:06 AM
#8
That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already.

I do believe this instance was an anomaly, not actually a set price for something such as Pizza Hut... Lol.
full member
Activity: 160
Merit: 100
December 27, 2015, 04:05:30 AM
#7
That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already.
sr. member
Activity: 322
Merit: 250
December 27, 2015, 04:03:43 AM
#6
The value of the transactions has hardly anything to do with stress testing the network.
The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much.

well the number its a bit high too but since the trasactions envolv more gathered btcs theres no big number and no much stress and besides this always for a newibe like me never stresed me out the trasactions take just 30 mins and the net aways repaies
legendary
Activity: 1946
Merit: 1007
December 27, 2015, 03:58:27 AM
#5
The value of the transactions has hardly anything to do with stress testing the network.
The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 26, 2015, 06:29:05 PM
#4
76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



This looks like a very positive trend. It could either be a huge investor (like Bill Gates or some millionaire) or probably the Chinese as they usually are the ones that drive the price up (according to what I have seen) Expect this to happen more once Bitcoin gets the attention it deserves and it is accepted as a mainstream currency.  Smiley
legendary
Activity: 1358
Merit: 1014
December 26, 2015, 06:12:29 PM
#3
76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



It's either someone running an "attack/stress test" or an increment in usage because of:

1) Chinese capital controls
2) People cashing out to buy Christmas presents all over the world.
3) A mix other random reasons
newbie
Activity: 19
Merit: 0
December 26, 2015, 03:29:31 PM
#2
76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



Being a noob myself I too noticed pretty frequent transactions last night between 100-300k USD, but wasn't sure how normal that is

Impressive none the less and goes to show thecmomentum is just beginning with BTC, allowing human beings to un-bank for the 1st time in a very long time but still operate normally (not live in the woods)

Looking forward to put more serious moneys into BTC soon
$460 a coin may seem like a lot but really the current market cap is still quite relatively low

legendary
Activity: 1148
Merit: 1000
December 19, 2015, 11:07:02 PM
#1
76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!

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