Can someone explain what is this address trying to achieve ?

wunkbone

sr. member

Activity: 420

Merit: 250

Quote from: ?? on ??

It's hot wallet for gambling/exchange/mixing service
Or this address just want to move bitcoin to some addresses

I can tell you with a good amount of certainty that it is not a mixing service. That is not how they work.

I wouldn't be surprised if it is some intermediary address/wallet of some kind of service that holds bitcoin on behalf of others. (potentially a "chilly" wallet). It is probably sending funds to the service's cold wallet once it's balance reaches a certain point (or could be doing the reverse and refilling the hot wallet once it reaches a certain low point).

picolo

hero member

Activity: 1022

Merit: 500

Quote from: calfries on January 25, 2015, 05:29:41 AM

It seems to me that everything to do with Bitcoin including this forum is unreliable?
Is this a fact or just sabotage?

What is a fact or sabotage? This address spending bitcoins?

calfries

newbie

Activity: 54

Merit: 0

It seems to me that everything to do with Bitcoin including this forum is unreliable?
Is this a fact or just sabotage?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: noma on January 24, 2015, 05:33:15 AM

https://blockchain.info/address/1A6nyzPjF7geYSR1PFnVXEozTK4yaHMrpA?offset=250&filter=0

Seems to keep sending btc out. Might not still be, by the time you see it.
Keep watching it for 10 seconds .

It's a hot wallet, isn't it?

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: Wendigo on January 25, 2015, 01:38:15 AM

The strange thing is that it's transferring the same or almost identical amounts of bitcoins.

So it dosen't make a lot of sense if someone says it's some Gambling or betting websites , I don't see hundreds of people gambling with the same amount each time Roll Eyes

does it ?

Wendigo

legendary

Activity: 2604

Merit: 1036

The strange thing is that it's transferring the same or almost identical amounts of bitcoins.

AgentofCoin

legendary

Activity: 1092

Merit: 1001

Quote from: noma on January 24, 2015, 05:33:15 AM

https://blockchain.info/address/1A6nyzPjF7geYSR1PFnVXEozTK4yaHMrpA?offset=250&filter=0

Seems to keep sending btc out. Might not still be, by the time you see it.
Keep watching it for 10 seconds .

https://blockchain.info/address/19yR1HxBNy5As4joecih4wgj8Cpe5SdmWk
The above link shows that some of the funds are going to the cold wallet of bitdice.me
So i assume the transactions relate to a bitcoin gambling site.
Maybe payouts and hot wallet movements. Clearly the above link is a deposit into a Cold Wallet (or so it claims from its label).

bitllionaire

legendary

Activity: 1120

Merit: 1000

actually it is really strange, it looks like mixing coins

frontdenplastic

newbie

Activity: 22

Merit: 0

Could it be a mixing service just moving coins around?

Q7

sr. member

Activity: 448

Merit: 250

Most probably it is from gambling site that do automated process. Exchangers don't usually do frequent small amounts.

innocent93

legendary

Activity: 896

Merit: 1000

Is it a hot wallet of a exchange or gambling site or something like that?

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: noma on January 24, 2015, 05:33:15 AM

https://blockchain.info/address/1A6nyzPjF7geYSR1PFnVXEozTK4yaHMrpA?offset=250&filter=0

Seems to keep sending btc out. Might not still be, by the time you see it.
Keep watching it for 10 seconds .

Well that's weird Shocked

Probably someone is testing some kind of BOTS or something ?
It sending basically each 10 seconds as you said and always same amounts of money either 0.3501 or 0.45 but it's not sending any BTC anymore .

Marcuson

newbie

Activity: 63

Merit: 0

Maybe he/she was testing to create lots of transactions that build on each other to see if they would all confirm (as they keep sending back to the original address and then send out that unspent input again and again...). They did confirm OK.

noma

full member

Activity: 182

Merit: 100

https://blockchain.info/address/1A6nyzPjF7geYSR1PFnVXEozTK4yaHMrpA?offset=250&filter=0

Seems to keep sending btc out. Might not still be, by the time you see it.
Keep watching it for 10 seconds .

Topic: Can someone explain what is this address trying to achieve ? (Read 885 times)