Actually for a transfer this size he needn't have given any fee at all! It would have been mined in the next block with 0 fee.
That's true, but I think he can afford to give, at least, a small tip to the miners
Topic: Did anyone notice that $1 million (7500BTC) transaction today?? - page 2. (Read 7755 times)
September 02, 2013, 07:16:32 AM
That's true, but I think he can afford to give, at least, a small tip to the miners
September 02, 2013, 06:46:02 AM
Actually for a transfer this size he needn't have given any fee at all! It would have been mined in the next block with 0 fee.
September 02, 2013, 05:09:52 AM
This was cool
Fees 0.001 BTC
Fees 0.001 BTC
I really like the part where fee is 0.001 BTC on a $1 M transaction.
I prefer the part where he can send all that money without any question
Beat me to it.
But maybe he wants to convert to Fiat out of generosity to banks! Tax payers all over the World has been up in broad generosity towards banks, so why should he be rude and not pay banking fees or not let a bank and a government decide where he can transfer his money?
Btw the transfer was "only" 7000 Bitcoins.
September 02, 2013, 04:18:15 AM
This was cool
Fees 0.001 BTC
Fees 0.001 BTC
I really like the part where fee is 0.001 BTC on a $1 M transaction.
I prefer the part where he can send all that money without any question
September 01, 2013, 11:31:05 PM
best thing is not verification and no documents needed for this all 
September 01, 2013, 08:21:33 PM
This was cool
Fees 0.001 BTC
Fees 0.001 BTC
I really like the part where fee is 0.001 BTC on a $1 M transaction.
I prefer the part where he can send all that money without any question
September 01, 2013, 08:15:56 PM
This was cool
Fees 0.001 BTC
Fees 0.001 BTC
I really like the part where fee is 0.001 BTC on a $1 M transaction.
I prefer the part where he can send all that money without any question
September 01, 2013, 07:08:10 PM
This was cool
Fees 0.001 BTC
Fees 0.001 BTC
I really like the part where fee is 0.001 BTC on a $1 M transaction.
September 01, 2013, 02:54:49 PM
Or we could have just found the transaction of the biggest BTC heist in history.
Not by a long shot! This posthttps://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-old-83794
estimates the biggest theft at 263024 BTC
September 01, 2013, 02:51:02 PM
Or we could have just found the transaction of the biggest BTC heist in history.
September 01, 2013, 02:44:08 PM
History never repeats itself
Try
http://rense.com/general29/wesold.htm
&
http://www.dailyrecord.co.uk/news/uk-world-news/britain-sold-nerve-gas-chemicals-2242520
Although bitcoin never existed before, people trying to tear down something they fear is not new. It's always done via the back door while everyone guards the front door.
Most bitcoin people relish mass movements of bitcoin, as it in some way proves how cool it is. But it could be going anywhere, to anyone. And their intentions or motives might not necessarily be as positive as most of the people on this forum.
That's all I'm saying. It's worth looking out for.
September 01, 2013, 02:20:05 PM
History never repeats itself but it rhymes. As far as I know a virtual currency like bitcoin has never been used. But you "could" be right of course. But no one knows for sure.
September 01, 2013, 02:15:44 PM
As I said a while ago, it's not the technological attacks, but the financial attacks that will destroy bitcoin. And the techy bitcoin bods won't even see it coming.
I'm very glad for you that you can see the future. September 01, 2013, 01:57:04 PM
As I said a while ago, it's not the technological attacks, but the financial attacks that will destroy bitcoin. And the techy bitcoin bods won't even see it coming.
I'm very glad for you that you can see the future. September 01, 2013, 01:39:07 PM
Probably a early miner.
The early miners with the biggest balances hold everything stable. It's always a little disturbing when they sell, as it could be going to hedge funds, bank or any financial mercenary who is trying to pump and dump bitcoin. As I said a while ago, it's not the technological attacks, but the financial attacks that will destroy bitcoin. And the techy bitcoin bods won't even see it coming.
September 01, 2013, 01:14:48 PM
How did they pay so little tx fee, also I wonder how they keep so many BTC. I would be a nervous wreck with that many.
There are very, very few individuals with that much BTC. The very large balances (as in over BTC1000) mainly belong to exchanges and similar large bitcoin-handling businesses, AFAIK.
Probably a good deal of the early-mined bitcoin is now "dead and buried", the private keys forever lost. Just like gold under Satoshi Sea.
Transactions involving no small inputs and of sufficient "coin age" do not normally require a fee. 1 mBTC is reasonably generous; I normally use mBTC0,25/KB myself (whether necessary or not), which is 150% more than the minimum required by my client.
September 01, 2013, 01:13:40 PM
How did they pay so little tx fee, also I wonder how they keep so many BTC. I would be a nervous wreck with that many.
Fee actually low for "aged" bitcoins - he could have paid even less like .0001BTC September 01, 2013, 01:12:17 PM
How did they pay so little tx fee, also I wonder how they keep so many BTC. I would be a nervous wreck with that many.
Because Bitcoin.Probably a early miner.
Same.
September 01, 2013, 01:06:52 PM
This is why BTC exists - he also could have paid a small tx fee of .0001 BTC:)
September 01, 2013, 01:06:13 PM
How did they pay so little tx fee, also I wonder how they keep so many BTC. I would be a nervous wreck with that many.
Jump to: