Topic: Someone is Jobbing this Market - page 2. (Read 7307 times)

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

imperi was making a joke, dude.

well yea kind of acted out of reflex after last weeks troll-invasion ...

mellowhead

member

Activity: 98

Merit: 10

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

imperi was making a joke, dude.

coinonymous

newbie

Activity: 32

Merit: 0

Quote from: Synaptic on June 16, 2011, 01:46:16 PM

Quote from: Grant on June 16, 2011, 01:17:54 PM

Its really sad when uninformed people abuse the word manipulation because they don't understand some basic fundamentals about a market (any market).

Please, teach us what these "basic fundamentals" are as relates to the BTC market...

...please, do.

(waving hand) O O O I know this!!!! mememememe

("yes, coinonymous?")

Supply and demand?

samr7

full member

Activity: 140

Merit: 430

Firstbits: 1samr7

Quote from: mellowhead on June 16, 2011, 08:48:27 PM

Whether the large remainder is being moved to a different wallet or not is semantics I think.

+1, agreed!

Since we can't tell whether the BTC were transferred between addresses belonging to different wallets, the metric of BTC transferred per day is almost useless, certainly less useful than a transaction count metric.

RomertL

sr. member

Activity: 470

Merit: 250

Quote from: imperi on June 16, 2011, 10:20:35 PM

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

Someone has no sense of humor whatsoever.

Hehe well sometimes not easy to tell who's serious, you hear some pretty crazy stuff in this forum...

imperi

full member

Activity: 196

Merit: 101

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

Someone has no sense of humor whatsoever.

RomertL

sr. member

Activity: 470

Merit: 250

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man...

hugolp

legendary

Activity: 1148

Merit: 1001

Radix-The Decentralized Finance Protocol

Quote from: evoorhees on June 16, 2011, 01:27:50 PM

Maybe the world is not ready for a free market. They shout manipulation and speculation when prices rise quickly. They shout manipulation and nefariousness when prices fall quickly. And when prices stay flat? Manipulation, it must be!

I'll propose an alternative theory = Bitcoin is brand new, and will be extremely volatile and unpredictable for a long time. Part of true volatility is the 2nd order - even the volatility itself will be volatile! Stop obsessing with charts.

The monetary concept of Bitcoin is solid. So, too, is the technology. Given this, if you believe in Bitcoin go out and build businesses around it. Buy with it, sell with it, and trade with it. Stop worrying if the short-term dollar/btc exchange rate is not precisely where you think it should be. Let free markets be free, and enjoy the freedom, tumultuous (or flat) as it is.

+1

imperi

full member

Activity: 196

Merit: 101

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything.

niemivh

full member

Activity: 196

Merit: 100

Quote from: mellowhead on June 16, 2011, 02:02:04 PM

I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges.

See:
http://www.bitcoinwatch.com - Bitcoins sent last 24 hours

http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird.

Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address.

The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved?

Counterfeiting!!!!

SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!!

finnthecelt

full member

Activity: 140

Merit: 101

Quote from: niemivh on June 16, 2011, 03:43:27 PM

I'm glad that the market is doing exactly like I'm predicting.

Next prediction: downward drift to $15 range @ about a 75% certainty. May trigger a panic sell off with the bad press.

And then the difficulty rating goes down? Yayyyyy!

mellowhead

member

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Merit: 10