Topic: Do people really make millions of $ transactions? - page 3. (Read 2659 times)
Faucets are just an option to earn bitcoins as well signatures, nothing new, and sure its amazing to see big transactions happening at blockchain, those make me feel important even with a small number of coins.
Those are good news, you know. Reading this board, you sometimes have the feeling a majority of users are faucets users, with many posts only written to cash some signature campaign. It's good to know there are BTC users who don't need that. BTC would not be what it is if there were only people getting it via faucets.
Yes check transaction in blockchain. There is multiple million$ transaction in a day. Just imaging that there is millions of bitcoin user and if they transact $10 to $1000 them obviously there will huge transaction per day.
Obviously when there is more then million of bitcoin user so when each person transact 1$ then we still have million $ transaction per day lets assume that not all user send and receive bitcoin daily but majority of the user transact from $10 to $400 normally so you could make a rough calculation to figure out the number.
Well yes . Filthy rich people and early miners habe made millions of $ worth of transactions loads of times just check the chain. I once was paid by a wallet that contained a few thousand bitcoins !! Can you believe it !?
If you just look into blockchain for 5-10 minutes you will be shocked, as well check the poloniex volume, those is just a part of the ammount being into circulation all days, bitcoin its alive unlike some people think its dead because price looks stable.
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).
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).
People transact millions of dollars in single transactions all the time. There are a lot of whales out there. There was a 6 million dollar transaction the other day of about 10000 BTC (not sure if that is the one on your link, I never open links on this forum).
yes i have also seen many users with a lot of.bitcoins like i have seen a pal having 80btc but never saw anyone with 5000btc those type of transactions are more likly someone moving his exchange bapance from one place to another
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).
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 they are done but not fake, you can always see such huge transactions in blockchain and there is nothing to be surprised about that as there are a lot of companies or exchanges or gambling sites which are generating or transferring such big amounts every time and some people do that too if they are sending some money from a place to another to save the fees.
well its a tough question to answer ..but it would be really safe if u use bitcoins in ur transcations . and I guess in the near future everything will be in the form of bitcoins ..kudos..
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).
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 obviously have not got a clue how bitcoin works then because the money is not kept online, and the websites you quote were hacked and the private keys stolen. Bitcoin has never been hacked and never will be, it is secured by pure math
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).
That's why i like bitcoin, you can send millions of dollar with low fee and simply, imagine if you send them through wire or western union they will cost you much, anyway i am not surprised there are lot of transaction out there with high volume of bitcoin, yeah it might be from exchanger, mining company, or from a person. 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).
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).
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).
That kind of transaction could be anything, it could be just someone transfering their own Bitcoin to a new wallet they just made. And it also could be just a very rich people who already have a bunch of Bitcoin spending their money to buy something they want with Bitcoin. You can't expect it always from an exchanger, because it could be from anywhere.
I often wonder if whales who make million dollar transfer of Bitcoins move everything in one transaction,
or if they hide the transfer across multiple transactions to multiple wallets.
They still have to cash out the coins eventually but at least while they are in transit/ storage it would be harder for someone to know exactly how much they are buying/ selling.
or if they hide the transfer across multiple transactions to multiple wallets.
They still have to cash out the coins eventually but at least while they are in transit/ storage it would be harder for someone to know exactly how much they are buying/ selling.
If those transactions are recorded on blockchain then they are real and existing. But that is not so strange, these are also transactions from different companies, exchangers, payouts from mining etc. But I agree when you see those amounts you could easily get dizzy.
yes it can right, i think there are a lot of money with people, and the are making transaction on regular basis and the second is that the number of crypto currency uses is increasing on regular basis that really increasing the amount of transaction.
If you're watching the transactions from the blockchain then you'll somehow get used to the millions of $ being tossed in different wallets everyday. Also, these are not particularly whales or exchanges; some of them are payouts from mining companies or amounts being moved to cold storage etc. They are accounting for the daily tx volume in terms of $, and also miniscule amounts contribute to that, too. Seeing a couple of thousand btc tx being broadcasted once made me wonder if it's a hacked money or not. Then I realized that there are lots of fat tx being made in the network almost everyday, and it's not my job to care about that and wonder all day lol.
Yes actually this million $ worth of bitcoin in transaction is normal and i think it may be even more than that if block size is not limited to 1mb only by now. Because there are lots of exchanger and whales who have to move several thousands of bitcoin from one account to another account daily whether to process trader's withdraws or traders depositing bitcoin to exchange. It is hard to know for what purpose bitcoin are being transferred but this is true that we may even see more bitcoin being transferred per block in future.
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.
so true . now many people use bitcoin for such purposes. This should already be dealt with, we need an agency that can regulate bitcoin. because with an institution of the bitcoin could be better. 
Not people, but exchange/casino/service which make lots of transaction especially if they use same address 
And it's not rare sight anymore
And it's not rare sight anymore
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