Author

Topic: Output Volume.... what the... please explain (Read 545 times)

legendary
Activity: 1540
Merit: 1001
Crypto since 2014
November 04, 2015, 02:57:16 AM
#10
a party repeatedly sending the same 25K coins back to themselves as change

https://blockchain.info/tx/fe7bab4ce584bdcbfdce9ba92a7cd39736171a885ba86f1e170a667646fe4eb9

Did they do it like 440 times? That is still a lot of coins, do you think just 25 000 bitcoins made 11 000 000 bitcoins worth of transaction volume?
hero member
Activity: 663
Merit: 501
quarkchain.io
November 04, 2015, 01:42:24 AM
#9
a party repeatedly sending the same 25K coins back to themselves as change

https://blockchain.info/tx/fe7bab4ce584bdcbfdce9ba92a7cd39736171a885ba86f1e170a667646fe4eb9
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
November 03, 2015, 11:46:03 PM
#8
That's a huge percentage increase on the volume although the chart might be not as accurate as your seeing it now but still the real output is close to this and the late good events taking place could be the reason behind it

Any chance this points to some massive change of ownership that nobody is talking about or discovered? Satoshi coins moving???
I doubt that there's a chance for satoshi wanting to move the coins or rather change the ownership buy again if nobody's talking about it or no one haven't discover it then there's no way to know for us
legendary
Activity: 1639
Merit: 1006
November 03, 2015, 11:17:46 PM
#7
it could just be an aberration in the data. these charts aren't always accurate; sometimes they pick up on funny things that aren't accurate

Any chance this points to some massive change of ownership that nobody is talking about or discovered? Satoshi coins moving???
hero member
Activity: 493
Merit: 500
November 03, 2015, 11:16:09 PM
#6
it could just be an aberration in the data. these charts aren't always accurate; sometimes they pick up on funny things that aren't accurate
legendary
Activity: 1302
Merit: 1025
November 03, 2015, 11:13:16 PM
#5

Oh wow. People are doing a great job in whatever they are doing right. I think they are doing it quite too fast tho. I have seen the same scenario which was like last year or something, A sudden spike on the output. I wonder what's next?  Undecided

Was that an explanation? anyone have a suggestion about what this is about?

Oh sorry about that, I think it is related to the sudden price increase also. People are rushing transactions, buying coins and selling so the outputs affected by it.
staff
Activity: 3458
Merit: 6793
Just writing some code
November 03, 2015, 11:11:17 PM
#4
Maybe a massive buy or sell off due to the high prices now. It could be more transactions due to higher prices and thus more buying power. Or blockchain.info could have just screwed up again.
legendary
Activity: 1639
Merit: 1006
November 03, 2015, 11:08:31 PM
#3

Oh wow. People are doing a great job in whatever they are doing right. I think they are doing it quite too fast tho. I have seen the same scenario which was like last year or something, A sudden spike on the output. I wonder what's next?  Undecided

Was that an explanation? anyone have a suggestion about what this is about?
legendary
Activity: 1302
Merit: 1025
November 03, 2015, 10:22:31 PM
#2

Oh wow. People are doing a great job in whatever they are doing right. I think they are doing it quite too fast tho. I have seen the same scenario which was like last year or something, A sudden spike on the output. I wonder what's next?  Undecided
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