Some fresh CONFIRMED transactions on GOX stream

Mikcik

sr. member

Activity: 742

Merit: 250

Quote from: danieldaniel on February 24, 2014, 02:56:28 PM

Quote from: Mikcik on February 24, 2014, 02:46:09 PM

I didnt follow the GOX situation so just a quick question, isnt there any adress on blockchain that one can check to see the balance of mgtox wallet? I know there had been speculations about few BIG ammount wallets that they belong to bitstamp etc. So arent there any wallets that belonged to mgtox and they are knows... whats the balance of the wallets that might have been those of mgtox...

i belive over the years people know which wallet was the mgtox one, and i also belive that you can track the transactions, so once you know the original mgtox wallet you can track the newest one and look at it balance? Or am i missing something?

I think the issue is that there isn't just one wallet.

well and tried somebody track all ofthe possible wallets and look at the funds there... it should be really easy this way to find out how BTC solvent mgtox is...

danieldaniel

hero member

Activity: 854

Merit: 1000

Quote from: Mikcik on February 24, 2014, 02:46:09 PM

I didnt follow the GOX situation so just a quick question, isnt there any adress on blockchain that one can check to see the balance of mgtox wallet? I know there had been speculations about few BIG ammount wallets that they belong to bitstamp etc. So arent there any wallets that belonged to mgtox and they are knows... whats the balance of the wallets that might have been those of mgtox...

i belive over the years people know which wallet was the mgtox one, and i also belive that you can track the transactions, so once you know the original mgtox wallet you can track the newest one and look at it balance? Or am i missing something?

I think the issue is that there isn't just one wallet.

Mikcik

sr. member

Activity: 742

Merit: 250

I didnt follow the GOX situation so just a quick question, isnt there any adress on blockchain that one can check to see the balance of mgtox wallet? I know there had been speculations about few BIG ammount wallets that they belong to bitstamp etc. So arent there any wallets that belonged to mgtox and they are knows... whats the balance of the wallets that might have been those of mgtox...

i belive over the years people know which wallet was the mgtox one, and i also belive that you can track the transactions, so once you know the original mgtox wallet you can track the newest one and look at it balance? Or am i missing something?

DubFX

sr. member

Activity: 434

Merit: 250

Been a bit happy at 1st but then checked it and checked the posts here, and yeah i doesn't seem like new transaction toward users at all.

Squeaker

sr. member

Activity: 450

Merit: 250

Quote from: frito on February 24, 2014, 10:02:59 AM

k thx.
I dont see though what would be the purpose of this scheme in GOX outgoing transactions.
Further more that transaction is ~1.3 btc with just 4 inputs.

Every transaction is an outgoing transaction, as well as an incoming transaction.

That "outgoing" transaction could very well be an "incoming" transaction to another of MtGox's internal addresses, like one they are using specifically for dust collection, or one of many for cold wallet storage.

Also, it isn't about the amount of the transaction (in BTC) but about the size of it (in bytes). There are some who would be doing deposits and withdrawals in the hundreds of coin, for example, and you don't want to send a transaction consisting of 100 inputs.

I don't know what criteria they are using for their sweeping, but a routine collecting all pieces of coin valued at <1 BTC, and sweeping them up together to make a >1 BTC piece, is pretty reasonable for them to do.

Quote from: BitCoinsLOL on February 24, 2014, 10:49:39 AM

So it could be a faucet.

. .. ... really? ... come on, you're not even trying... amateurish troll attempt... try harder...

=squeak=

BitCoinsLOL

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Activity: 214

Merit: 100

Quote from: Squeaker on February 24, 2014, 09:51:11 AM

Quote from: frito on February 24, 2014, 09:27:30 AM

whats a dust transaction?

Typically tiny amounts that get put together into a low/no fee transaction, sweeping them up at low priority, to turn them into a single larger amount, to save on transaction size (and fee) later on a higher priority transaction.

Too much dust, and you could end up having a transaction with a fee that is a lot higher than the coin you're actually trying to send.

=squeak=

So it could be a faucet.

frito

full member

Activity: 129

Merit: 100

Quote from: Squeaker on February 24, 2014, 09:51:11 AM

Quote from: frito on February 24, 2014, 09:27:30 AM

whats a dust transaction?

Typically tiny amounts that get put together into a low/no fee transaction, sweeping them up at low priority, to turn them into a single larger amount, to save on transaction size (and fee) later on a higher priority transaction.

Too much dust, and you could end up having a transaction with a fee that is a lot higher than the coin you're actually trying to send.

=squeak=

k thx.
I dont see though what would be the purpose of this scheme in GOX outgoing transactions.
Further more that transaction is ~1.3 btc with just 4 inputs.

Squeaker

sr. member

Activity: 450

Merit: 250

Quote from: frito on February 24, 2014, 09:27:30 AM

whats a dust transaction?

Typically tiny amounts that get put together into a low/no fee transaction, sweeping them up at low priority, to turn them into a single larger amount, to save on transaction size (and fee) later on a higher priority transaction.

Too much dust, and you could end up having a transaction with a fee that is a lot higher than the coin you're actually trying to send.

=squeak=

frito

full member

Activity: 129

Merit: 100

Quote from: bananas on February 24, 2014, 09:14:52 AM

Quote from: notig on February 24, 2014, 06:39:43 AM

isn't this just one of those dust transactions that they have been doing all along that gmaxwell mentioned?

yes, it is.

nothign new.

whats a dust transaction?

bananas

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Activity: 364

Merit: 257

Quote from: notig on February 24, 2014, 06:39:43 AM

isn't this just one of those dust transactions that they have been doing all along that gmaxwell mentioned?

yes, it is.

nothign new.

frito

full member

Activity: 129

Merit: 100

Quote from: notig on February 24, 2014, 06:39:43 AM

isn't this just one of those dust transactions that they have been doing all along that gmaxwell mentioned?

can u link?

Squeaker

sr. member

Activity: 450

Merit: 250

Plus, at this point, they have to know how bad their public image right now... if there was something that worked properly, it would be very difficult for them to stop themselves from posting some positive news to try to save whatever reputation they have left.

If there is some good news, we'll definitely be hearing about it...

=squeak=

Juneass

newbie

Activity: 28

Merit: 0

Propability of this being a new transaction is slim to null.
If they even were testing a solution they would have updated the public.

Think of it like this.
If MtGox had any news they would have posted it to ensure the market about there solvency.
Compare it to a bank, if a bank had problems they would shut down and inform customers about why and how long. That information would be posted to combat instability, combat loss of value and save the trust of customers.

The lack of information and lack of deadline should, logically, tell the whole story in this case.

Squeaker

sr. member

Activity: 450

Merit: 250

... or did the txid change ...

=squeak=

RockHound

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Activity: 224

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I'm no expert! But the Transaction ID's from: http://www.reddit.com/r/Bitcoin/comments/1ymb4r/some_light_on_the_horizon_for_gox/ do not correspond. Think they are different possible "external BTC transfers" from Gox ?

notig

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isn't this just one of those dust transactions that they have been doing all along that gmaxwell mentioned?

BitCoinNutJob

legendary

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good find

RockHound

full member

Activity: 224

Merit: 100

Thanks for posting!

Many threads on here regarding MtGox's possible insolvency. I will remain unbiased until an official statement has been made.

However, can anyone help OP confirm these External Test BTC Transfers?

frito

full member

Activity: 129

Merit: 100

I just found a freshly confirmed transaction in the Mt GOX transaction stream https://data.mtgox.com/api/0/bitcoin_tx.php (I just checked about 8 from the top hopefully there is more):

https://blockchain.info/tx/22f8ad83649a8daff2b688903f46a13d0770c6e785e8398c8885c75baf37fc06

Lets hope this is a good sign.

Topic: Some fresh CONFIRMED transactions on GOX stream (Read 3375 times)