Actually miners also transform the huge amounts they get paid for mining. My personal opinion is never store Bitcoins on any exchange since we have already experienced Mt.Gox and Bitfinex.Always store your Bitcoins in your personal wallet.
We can not blame them since they are just stay their bitcoin in exchange site because they are ready for buying and or selling if his bitcoin is in main wallet and you send it to exchange it takes a long time to confirm the fluctuate in trading is not stable so they are just staying it their money.. unless if you are just long tome holders of altcoin.. 
Topic: Do people really make millions of $ transactions? - page 2. (Read 2634 times)
Yes I think it is possible that people make million transactions. Those were maybe part of the developer of bitcoins or they were pure investors. Sending btc and receiving btc is more convenient than any money transfer around the world. And all transactions were private. It is important that there is confidentiality on it.
http://prnt.sc/cvl4x0
These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
you can active features 2AF and confirm number phone to keep your money in wallet.. These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
Actually miners also transform the huge amounts they get paid for mining. My personal opinion is never store Bitcoins on any exchange since we have already experienced Mt.Gox and Bitfinex.Always store your Bitcoins in your personal wallet.
http://prnt.sc/cvl4x0
These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
ofcourse many people makes bulk transaction per day . since you are using the high profile example of mtgox but here i will give example of my friend who is trader . he made transaction daily of about 2+ btc .These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
so we can say there are many people ( not only bitfinex or mt.gox) who make transactions in big-big amount .
http://prnt.sc/cvl4x0
These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
ofcourse many people makes bulk transaction per day . since you are using the high profile example of mtgox but here i will give example of my friend who is trader . he made transaction daily of about 2+ btc .These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
so we can say there are many people ( not only bitfinex or mt.gox) who make transactions in big-big amount .
More and more people in the deep web are transacting worth million of dollars and that is depending everyday with them.
I believe that these people are earning a lot of bitcoins daily that's why millions of dollars in bitcoin are circulating in the market.
And this is good for all of us even though it is hot in the eyes of hackers.
To make money,you need to have and invest money. The more money you invest the more profit you make.
http://prnt.sc/cvl4x0
These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
ofcourse many people makes bulk transaction per day . since you are using the high profile example of mtgox but here i will give example of my friend who is trader . he made transaction daily of about 2+ btc .These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
so we can say there are many people ( not only bitfinex or mt.gox) who make transactions in big-big amount .
Some of those transactions are belong to big companies. Believe it or not, not everybody on the internet are average Joe's like you (or maybe me) There are also many rich people who adapted bitcoin in early phase. There are also many drug dealers/shady business owners and money launderers who use bitcoin.
I believe that there would always be millions of transactions weekly with bitcoins especially in those exchange websites. And they are not just single individuals but big groups that are considered as whales in the economy of bitcoin. Many of them also are occurs in the deep web and other type of dark marketplaces.
Just like with any currency, people purchase with this amount... If not more.
The fact of life is that somebody or a group will create surplus revenue where amounts like this are used in transaction capacity.
There are exchange owners and service providers who deal with this multiple times per time period (Think Xapo after fees or SilkRoad, big companies such as Microsoft or Fiverr who accept it.)
The fact of life is that somebody or a group will create surplus revenue where amounts like this are used in transaction capacity.
There are exchange owners and service providers who deal with this multiple times per time period (Think Xapo after fees or SilkRoad, big companies such as Microsoft or Fiverr who accept it.)
Some of those transactions are belong to big companies. Believe it or not, not everybody on the internet are average Joe's like you (or maybe me) There are also many rich people who adapted bitcoin in early phase. There are also many drug dealers/shady business owners and money launderers who use bitcoin.
Huge transactions take place often with bitcoin. In my view most of these transactions were made by users who were rich and to avoid taxation issues move billions through bitcoin addresses as it doesn't reveal identity.
Its possible but they can also be transactions made with illegal activities.They are hiding and using the bitcoin features of anonymity to make those shady transaction.We can only speculate here
i think yes there must be so many people who may be doing millions of $ transaction on daily basis,
Just check the 24 hours volume: $103,378,000
it's a lot of money, sometimes I take a look on blockchain.info to see the transactions, there's a lof of "big" ones...
This BIG transactions you printed is probably exchanges, casinos and things like that, the security thing scares me too, it's a lot of money...
it's a lot of money, sometimes I take a look on blockchain.info to see the transactions, there's a lof of "big" ones...
This BIG transactions you printed is probably exchanges, casinos and things like that, the security thing scares me too, it's a lot of money...
http://prnt.sc/cvl4x0
These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
Of course it is really happening and usualy they save the bitcoins not on exchangers, but they put the bitcoins on offline wallets or online wallet. It is more safe than put the bitcoins on markets, although still there are risk. These BTC amounts are equivalent to millions of $. Do people really make such huge BTC transactions? I'm surprised. What could these transactions be for I wonder? These must be really filthy rich people who have millions of $ of BTCs. I personally would be very wary of keeping millions of my money online like this especially knowing that it isn't safe (example: mtgox and bitfinex hacks).
I think there is high possibilities where people do big transaction using bitcoin,but it's difficult track and i think for the future there will be more people using bitcoin for big transaction because with bitcoin there won't be any party questioned where we got the money and there is no limit in sending bitcoin
There would be more big transactions would really happen on bitcoin as you mentioned this transactions are p2p and no third parties would be involved and people would surely love this kind of transaction . Its not really a shocking news already because we could able to see transactions on blockchain and you would surely see huge bitcoin transfer to another wallet.
I think there is high possibilities where people do big transaction using bitcoin,but it's difficult track and i think for the future there will be more people using bitcoin for big transaction because with bitcoin there won't be any party questioned where we got the money and there is no limit in sending bitcoin
I'm sure there are a few people with millions in bitcoin and will move it to different addresses. There's no way to know if they are making transactions or just moving the bitcoins.
Yeah I know that too and I believe it that there are a very few people who are making millions of dollars value in bitcoin. But of course, they are not exposing their transactions maybe they are using a lot of addresses when transacting so that the sight of breachers or hackers are not going to get interested to their transactions.
I'm sure there are a few people with millions in bitcoin and will move it to different addresses. There's no way to know if they are making transactions or just moving the bitcoins.
It could happen. because sending money via bitcoin has no limitations. we are free to do anything.
can be individual or a company. because bitcoin is anonymous.
can be individual or a company. because bitcoin is anonymous.
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