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Topic: Monster transaction: 39016 BTC!! - page 5. (Read 19857 times)

newbie
Activity: 59
Merit: 0
January 02, 2014, 04:13:27 AM
#29

Tracing back on this one in Blockchain.info you see lots of 50 BTC per block mining coins from 2010
hero member
Activity: 518
Merit: 500
January 02, 2014, 12:58:23 AM
#28
Might be (or might not be, just speculating) related to: https://bitcointalksearch.org/topic/2013-12-31-cnn-money-fortress-is-forming-a-bitcoin-fund-393549

Such a large fund won't market-buy coins on exchanges, but arrange for its acquisitions to be done off the books, possibly striking deals with early adopters.

Ya, you just look up early adopters in the yellow pages. Then when you get a hold of them you say, hey you haven't sold for years now and I want to buy a bunch which will probably drive the price up. The increase in price will then bring on a bunch more buying from speculators thus increasing the price even more, but will you sell to me now off the books?

Where do you guys dream this shit up?


That's "guy" not "guys"
full member
Activity: 220
Merit: 100
January 02, 2014, 12:49:54 AM
#27
Might be (or might not be, just speculating) related to: https://bitcointalksearch.org/topic/2013-12-31-cnn-money-fortress-is-forming-a-bitcoin-fund-393549

Such a large fund won't market-buy coins on exchanges, but arrange for its acquisitions to be done off the books, possibly striking deals with early adopters.

Ya, you just look up early adopters in the yellow pages. Then when you get a hold of them you say, hey you haven't sold for years now and I want to buy a bunch which will probably drive the price up. The increase in price will then bring on a bunch more buying from speculators thus increasing the price even more, but will you sell to me now off the books?

Where do you guys dream this shit up?
hero member
Activity: 518
Merit: 500
January 01, 2014, 11:54:36 PM
#26
Not the Feds, these are the addresses associated with them and the Silk Road case and they are still intact. If I had to guess I'd have to agree with whoever said it was Fortress.

what's Fortress?

http://t.co/1DizrQioYH

(We hope) Going to launch a bitcoin investment fund (ETF). Huge influx of cash into bitcoin if it happens......

oooo thanks!

I never count my chickens with these things though. We've had several false starts already ...... but one or more *will* actually happen in 2014, and fortress are massive. Let's hope its them.
full member
Activity: 140
Merit: 100
January 01, 2014, 11:37:57 PM
#25
Not the Feds, these are the addresses associated with them and the Silk Road case and they are still intact. If I had to guess I'd have to agree with whoever said it was Fortress.

what's Fortress?

http://t.co/1DizrQioYH

(We hope) Going to launch a bitcoin investment fund (ETF). Huge influx of cash into bitcoin if it happens......

oooo thanks!
hero member
Activity: 518
Merit: 500
January 01, 2014, 11:01:41 PM
#24
Not the Feds, these are the addresses associated with them and the Silk Road case and they are still intact. If I had to guess I'd have to agree with whoever said it was Fortress.

what's Fortress?

http://t.co/1DizrQioYH

(We hope) Going to launch a bitcoin investment fund (ETF). Huge influx of cash into bitcoin if it happens......
hero member
Activity: 518
Merit: 500
January 01, 2014, 11:00:06 PM
#23
Gotta love the zero fee to move 29M USD. Whoever this is, they don't seem to want to support the bitcoin network...

That was my first observation, also. 

It's fascinating to me whenever one of these huge sums gets transferred.  That has to be a tense couple moments, transferring a sum that large.   


That's so crazy, transferring that amount with no fees. Sounds like somebody who doesn't know what they are doing. Must be the feds Wink
full member
Activity: 140
Merit: 100
January 01, 2014, 10:37:17 PM
#22
Not the Feds, these are the addresses associated with them and the Silk Road case and they are still intact. If I had to guess I'd have to agree with whoever said it was Fortress.

what's Fortress?
sr. member
Activity: 352
Merit: 250
January 01, 2014, 10:28:27 PM
#21
It makes those 60 btc transactions look teensey.
legendary
Activity: 1540
Merit: 1029
January 01, 2014, 07:49:25 PM
#20
Definitely a sizable transaction.
newbie
Activity: 56
Merit: 0
January 01, 2014, 07:37:51 PM
#19
Gotta love the zero fee to move 29M USD. Whoever this is, they don't seem to want to support the bitcoin network...

That was my first observation, also. 

It's fascinating to me whenever one of these huge sums gets transferred.  That has to be a tense couple moments, transferring a sum that large.   

I check the address about 10 times when moving a few coins let alone 39,000 of 'em.
member
Activity: 98
Merit: 10
January 01, 2014, 06:39:30 PM
#18
Not the Feds, these are the addresses associated with them and the Silk Road case and they are still intact. If I had to guess I'd have to agree with whoever said it was Fortress.

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a
https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX
member
Activity: 98
Merit: 10
January 01, 2014, 06:09:46 PM
#17
Gotta love the zero fee to move 29M USD. Whoever this is, they don't seem to want to support the bitcoin network...

That was my first observation, also. 

It's fascinating to me whenever one of these huge sums gets transferred.  That has to be a tense couple moments, transferring a sum that large.   
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
January 01, 2014, 05:47:18 PM
#16
Oh, that was me...

I bought 3 pizzas for New Year's and left a nice tip.
legendary
Activity: 1722
Merit: 1004
January 01, 2014, 04:52:14 PM
#15
What are the odds that it's a 15 year old who happened to run bitcoin.exe for a while in 2011, just for fun ?


I think you mean 2009. GPU mining was already pretty competitive in 2010.

People assume that there was a period of years where lots of people did/could-have run the qt client and CPU-mined fortunes. That's just not the case.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 01, 2014, 04:42:43 PM
#14
fortress moved coins  Tongue
member
Activity: 98
Merit: 10
January 01, 2014, 04:01:57 PM
#13
wow man thats crazy , thats so much money! If i had hat i would not be so happy:D
mo money mo problems! bu yeah The fee is also low. i seen some transactions where btc goes 90k the highest transaction in history i think.
legendary
Activity: 1092
Merit: 1016
760930
January 01, 2014, 03:59:14 PM
#12
Gotta love the zero fee to move 29M USD. Whoever this is, they don't seem to want to support the bitcoin network...
full member
Activity: 209
Merit: 148
January 01, 2014, 03:51:56 PM
#11
What are the odds that it's a 15 year old who happened to run bitcoin.exe for a while in 2011, just for fun ?
legendary
Activity: 1330
Merit: 1000
Bitcoin
January 01, 2014, 03:30:25 PM
#10
My guess its the feds  Shocked
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