I don't think the protocol broadcasts remaining balance as a transaction, but I might be wrong.
Yeah, it does. Due to the way the technology works, you have to spend all of the money you got from a previous transaction. So if you ever got 500k in one transaction, you have to take all that, send 1BTC to someone, and send the 499 999 BTC to a new wallet address. Or if you use a custom client: to the same address again. 
Topic: Large transactions, 15 X 500k in a few days. (Read 1652 times)
Hash rate does NOT indicated a 51
Since when is the hash rate a reliable indicator of a 51% attack in progress? Sure I mean a large drop in hash rate could mean a pool operator gone rogue, but other than that, what?
The transactions started at the same time as mtgox manipulation.
Coincidence?
Hash rate does NOT indicated a 51
I don't think the protocol broadcasts remaining balance as a transaction, but I might be wrong.
Coincidence?
Hash rate does NOT indicated a 51
Quote
This doesn't look like 15 big transactions to me.
I'm assuming it's 15 small spends from a wallet with a large balance
Not so exciting.
I'm assuming it's 15 small spends from a wallet with a large balance
Not so exciting.
I don't think the protocol broadcasts remaining balance as a transaction, but I might be wrong.
This doesn't look like 15 big transactions to me.
I'm assuming it's 15 small spends from a wallet with a large balance. (So the larger amount is returned to the wallet as change)
Not so exciting.
I'm assuming it's 15 small spends from a wallet with a large balance. (So the larger amount is returned to the wallet as change)
Not so exciting.
People moving coins into the exchanges to cash out maybe?
That would cause a MASSIVE drop.
That would cause a MASSIVE drop.
Works for me. Excellent opportunity to 'spread' the wealth as people buy it up cheap.
People moving coins into the exchanges to cash out maybe?
That would cause a MASSIVE drop.
That would cause a MASSIVE drop.
You would think that if you had that many bitcoins you could throw the miners a small bone. But no. 0 fees on all of them.
Large transactions, 15 X 500k in a few days.
http://blockexplorer.com/txstats
Is this our manipulator or someone else?
http://blockexplorer.com/txstats
Is this our manipulator or someone else?
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