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Topic: Massive 41,700 BTC transaction just happened - page 4. (Read 10842 times)

hero member
Activity: 1470
Merit: 504
February 11, 2014, 12:31:58 AM
#35
Maybe CoinBase?

They spent all of the USD they had stored across the exchanges just buying coins to fill the orders that were placed in the US...

They have also been experiencing slightly longer than average withdrawal times because no doubt they sold all the coins they had available on hand. It took about an hour for them to signal the transfer of the coins I purchased to my personal wallet today...
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
February 11, 2014, 12:16:02 AM
#34
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

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

Ah the beauty of having a public ledger!
Maybe The Wolf of Bitcoin Street took all his cash to some Swiss cold storage bank vault Wink



Thanks to bitcoin they don't need to move that kind of money physically (41,700 BTC = 27 million dollars)
legendary
Activity: 3766
Merit: 1217
February 11, 2014, 12:11:21 AM
#33
Someone probably moved his coins to a safer wallet.
sr. member
Activity: 356
Merit: 250
February 10, 2014, 11:50:28 PM
#32
Probably put the 41,700 into a ponzi.
full member
Activity: 896
Merit: 102
February 10, 2014, 11:49:18 PM
#31
Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

Yes def. much more interesting, a $26,000,000 money laundering with 0 fees, where do the criminals sign up! Fuck you HSBC and your 10% cut!
full member
Activity: 238
Merit: 109
February 10, 2014, 11:28:39 PM
#30
If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.

Or, you know, 41,700 BTC would mature like, instantly, and, you wouldn't have to have a fee anyway?
newbie
Activity: 59
Merit: 0
February 10, 2014, 10:00:25 PM
#29
If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
February 10, 2014, 06:47:24 PM
#28
Holy smokes! No fee? Poor show! I bet the miners have been busy today given all the movement that's been happening outside of exchanges, then again no outgoing Gox transactions to worry about...
legendary
Activity: 2674
Merit: 2965
Terminated.
February 10, 2014, 06:43:52 PM
#27
Soon my day will come *666*

But I was referring to this, looks like it's related.
You are evil!
That's quite a sum.
newbie
Activity: 43
Merit: 0
February 10, 2014, 06:42:52 PM
#26
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.

Welcome to the new central controlled economy where all you do is watched by everyone else.

But yes, many of the bitcoin premisses are just crap. The job of the bitcoin and all other cryptocurrencies will be to open a new paradigm to the banking system... I think we all understand that at this point.
member
Activity: 79
Merit: 10
February 10, 2014, 06:33:32 PM
#25
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.
legendary
Activity: 1512
Merit: 1012
February 10, 2014, 06:14:07 PM
#24
not even a fee for the network

 Grin it's a pool.
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
February 10, 2014, 05:51:53 PM
#23
"Shit load of money!"  Wink
Quote
Activity: 663
Posts: 664
You ruined perfect stats for this post.  Cheesy

Soon my day will come *666*

But I was referring to this, looks like it's related.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
February 10, 2014, 05:34:42 PM
#22
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY
Most likely an exchange.

That 194k BTC transaction was thought to be by Bitstamp.
legendary
Activity: 2674
Merit: 2965
Terminated.
February 10, 2014, 05:31:51 PM
#21
"Shit load of money!"  Wink
Quote
Activity: 663
Posts: 664
You ruined perfect stats for this post.  Cheesy
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
February 10, 2014, 05:29:49 PM
#20
"Shit load of money!"  Wink
legendary
Activity: 2674
Merit: 2965
Terminated.
February 10, 2014, 05:25:11 PM
#19
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY
Most likely an exchange.
full member
Activity: 140
Merit: 100
February 10, 2014, 05:16:52 PM
#18
What about 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY?
full member
Activity: 125
Merit: 100
February 10, 2014, 05:16:14 PM
#17
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY
member
Activity: 84
Merit: 10
February 10, 2014, 05:12:34 PM
#16
Astonishing. That is a lot of btc!
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