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Topic: Massive 41,700 BTC transaction just happened (Read 10842 times)

legendary
Activity: 2212
Merit: 1199
February 25, 2014, 01:28:45 PM
#95
Wow it looks very interesting

well it does indeed!

Smiley

Cheers and god bless all of you guys Cheesy
member
Activity: 77
Merit: 10
February 25, 2014, 10:12:02 AM
#94
Wow it looks very interesting
sr. member
Activity: 420
Merit: 250
February 25, 2014, 09:16:50 AM
#93
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Just dont give out your address..... If Max Keisers address is shown in public it must mean he doesnt care, I dont have my address shown in public
sr. member
Activity: 910
Merit: 302
February 25, 2014, 09:09:33 AM
#92
it was me
sr. member
Activity: 266
Merit: 250
February 25, 2014, 08:54:09 AM
#91
That's a shit ton of money lol.
hero member
Activity: 868
Merit: 1000
February 25, 2014, 08:16:36 AM
#90
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Heard of Darkcoin?
legendary
Activity: 2632
Merit: 1040
legendary
Activity: 2212
Merit: 1199
February 13, 2014, 11:25:55 AM
#88
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

pffff... what a cheapskate! No fee ... pffff .... Rich people are mostly cheapskates.
sr. member
Activity: 406
Merit: 250
February 13, 2014, 09:24:13 AM
#87
all mining company has left of the game, and bitcoin is lost investors, its game over
newbie
Activity: 40
Merit: 0
February 13, 2014, 09:12:14 AM
#86
Nice! Shocked
sr. member
Activity: 542
Merit: 251
February 12, 2014, 05:51:10 PM
#85
Haha that's kind of weird and cool at the same time.
member
Activity: 84
Merit: 10
February 12, 2014, 05:40:32 PM
#84
Omg , he bought a house?

hey i only have 2800 Smiley
full member
Activity: 133
Merit: 100
February 12, 2014, 05:38:25 PM
#83
Omg , he bought a house?
member
Activity: 84
Merit: 10
February 12, 2014, 05:28:25 PM
#82
hey i wanted to go on the Virgin cruise to the atlantic with Katy Perry and Pharllel but nobody told me how gay it is
newbie
Activity: 11
Merit: 0
February 12, 2014, 11:38:43 AM
#81
send some of that my way ._.
hero member
Activity: 644
Merit: 500
Inspired
February 12, 2014, 11:10:02 AM
#80
Cryptolocker virus ransom payments showed 41,928 BTC between October 2013 and December 2013.


newbie
Activity: 12
Merit: 0
February 12, 2014, 01:08:50 AM
#79
Maybe someone just bought a ticket on a SpaceX craft?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 12, 2014, 12:45:01 AM
#78
I was just moving a few of the coins from my daughter's computer...didn't think everyone would take notice..haha
member
Activity: 89
Merit: 14
February 12, 2014, 12:27:23 AM
#77
if you trace the inputs back you see a lot of transactions that send something like 1000btc to one address and 50000 btc to another.  so that looks like an exchange moving some coins from cold storage to a hot wallet.  if you trace back to similar tx's, you arrive at one address which no longer follows that pattern, 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY, which has a 90k input from 12sENwECeRSmTeDwyLNqwh47JistZqFmW8.  if you google that address, you get a few people speculating that it's bitstamp.

the speculation in combination with the tx making perfect sense for being a cold-->hot storage move by an exchange, i think there's greater than two chances out of three that OP's tx is a bitstamp cold-->hot storage move.

If I had to speculate further, if it is Bitstamp moving coin from cold storage to hot wallet, then probably it has been triggered by a few big players saying "I'm out" and queuing up for withdrawal once Bitstamp resumes normal withdrawal service. So they've gotta go the vault to facilitate some concerned customers who lost confidence in having any bitcoin stored in the stamp.

sr. member
Activity: 322
Merit: 252
February 11, 2014, 10:57:33 PM
#76
Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

who CARES

Seconded.  Motion carried.
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