Topic: nearly $700,000,000.00 USD moved in 24 hours (Read 3756 times)
is there any possibility that mtgox announces that they find a large amount the lost coins tmr？
It's Satoshi moving his stash around! lol 
If it was satoshi, He would be moving the first block....
Yup, that's why we should use "bitcoin days destroyed" (BDD?) as a measure. Explained here:
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
and graphed here:
http://blockr.io/#!/charts
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
and graphed here:
http://blockr.io/#!/charts
Seeing XYZ amount of bitcoins moving isn't an accurate measurement of ANYTHING. One person could have moved 70,000 USD worth 1000 times. or 7 million 100 times. If an exchange has 1 million worth come in over the course of say an hour, they might then take that and divide it up among 100 or 1000 wallets automatically to spread risk of it being stolen until someone purchases it. Now you have 2 million moved when only 1 million was really moved. An hour later when they need to pull say 100k of it up for transfer to someone, you've now had 2.1 million move from the original 1 million.
I am seeing many large volumes in $24,000 to $380,000 USD moving across the block-chain right now...
Another three $356,000 USD just rolled by...
Just saw two for $640,000 USD...
Tons of them... (About 40+ between that range, and many more $1,000-$6,000... Miners buying more miners?)
Not sure if this is buying/selling, or deposits for cashing-out, or thieves moving some of that stolen BTC from GOX...
But blockchain is zooming tonight!
https://blockchain.info/
P.S. These are individual transactions, not whole blocks of transactions...
Not like the normal volumes I usually see, of only $300-$2,000 USD every day.
Seems like there is millions and millions moving around the last 24 hours...
https://blockchain.info/largest-recent-transactions
Smallest of the last 100 top transactions was $513,912.09 USD... Largest was $9,525,426.76 USD
That is nearly $700,000,000.00 USD moved in 24 hours... Nice!
(Why does that number sound familiar? Oh yea, Mt. Gox... Funny thing to see, no?)
Buffet is buying. Another three $356,000 USD just rolled by...
Just saw two for $640,000 USD...
Tons of them... (About 40+ between that range, and many more $1,000-$6,000... Miners buying more miners?)
Not sure if this is buying/selling, or deposits for cashing-out, or thieves moving some of that stolen BTC from GOX...
But blockchain is zooming tonight!
https://blockchain.info/
P.S. These are individual transactions, not whole blocks of transactions...
Not like the normal volumes I usually see, of only $300-$2,000 USD every day.
Seems like there is millions and millions moving around the last 24 hours...
https://blockchain.info/largest-recent-transactions
Smallest of the last 100 top transactions was $513,912.09 USD... Largest was $9,525,426.76 USD
That is nearly $700,000,000.00 USD moved in 24 hours... Nice!
(Why does that number sound familiar? Oh yea, Mt. Gox... Funny thing to see, no?)
so big number
Only exchangers have that much. Maybe gox.
Destroyed ?! lol xD
Whole point of bitcoin and other coins is they are flexible so I expect even higher volume in future.
Whole point of bitcoin and other coins is they are flexible so I expect even higher volume in future.
i spent 22 btc on miners yesterday. Upgrading from 10-30mh. I figure lots of other people must be buying just as much gridseed/antminer/new chinese 1th.
Winkies bought Virgin Galactic right away.
possibly Gox
i ordered 1000 hoverboards. that's what happened
EDIT: loozik, source?
https://bitcointalksearch.org/topic/m.5552821 due diligence is the kind of audit that is done on behalf of the investor.
Did you do some real and preferably computer-assisted analysis?
Because I just spot checked a few spots in blockchain.info and am seeing a large address repeatedly paying out small amounts. But the change address makes it look like a big txn. Its this pattern:
Caps is a big address about 1000 btc, c is a small one. This is reversed from what you'll see on blockchain.info because that site shows most recent txn first.
A -> B & c
B -> D & e
D -> F & g
...
and so on...
It looks like all the coins came from A, who is paying c, e, and g. B,D,F are likely just "change" addresses -- that is a different address but owned by the same person.
EDIT: loozik, source?
Because I just spot checked a few spots in blockchain.info and am seeing a large address repeatedly paying out small amounts. But the change address makes it look like a big txn. Its this pattern:
Caps is a big address about 1000 btc, c is a small one. This is reversed from what you'll see on blockchain.info because that site shows most recent txn first.
A -> B & c
B -> D & e
D -> F & g
...
and so on...
It looks like all the coins came from A, who is paying c, e, and g. B,D,F are likely just "change" addresses -- that is a different address but owned by the same person.
EDIT: loozik, source?
bitstamp seems to be in the process of being aquired by an investor. This coin movement seems to be related.
Bullshit!
Bitcoin days destroyed at low levels today. Monitor this realtime at: http://blockr.io/charts
Bitcoin days destroyed at low levels today. Monitor this realtime at: http://blockr.io/charts
"With "bitcoin days destroyed", the idea is instead to give more weight to coins which haven't been spent in a while."
You have no clue what the hell you are talking about... That is just an indication of "day-age" weighted to move-volume.
So the coins were not old, and the volume of coins isn't high because value-per-coin is high. When value is high, it is not MANY coins, it is MANY dollars.
$700,000,000 DOLLARS is only about 1,200,000 BTC... and YES that many BTC have been moved over the past 24-hours. I didn't say they were old coins. This is coming right from the freaking block-chain. Add it up yourself if you don't believe me. I gave the freaking link.
That chart only spikes when someone moves millions of coins that have not been seen in months or years. Thus the reason it exists. To show coins moving up from the grave. (New threats to the exchange)
After the dumps last-night... I am sure where the coins were headed... Dumps will continue for the next few days again. $350 here we come!
unbelieveable! 
Bullshit!
Bitcoin days destroyed at low levels today. Monitor this realtime at: http://blockr.io/charts
Bitcoin days destroyed at low levels today. Monitor this realtime at: http://blockr.io/charts
Gox found his cold storage
It's Satoshi moving his stash around! lol
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