Author

Topic: Unusual activity on Bitcoin Monitor? (Read 1525 times)

legendary
Activity: 2506
Merit: 1010
May 21, 2011, 08:46:26 PM
#9
This is an example of the type of noise that makes useless the metrics for the total number of transactions and the total BTCs transacted over a period of time.

Bitcoin Watch shows that there was about $4 million worth of BTC that traded in the past 24 hours:
 - http://bitcoinwatch.com
  These types of transactions cause that metric to mean relatively nothing.

The BitcoinDays Destroyed metric will provide a more useful metric:
  - http://forum.bitcoin.org/index.php?topic=9300.0
hero member
Activity: 588
Merit: 500
May 21, 2011, 03:34:36 PM
#8
If you want something slightly more interactive, watch your disk defragment.
full member
Activity: 131
Merit: 100
May 21, 2011, 02:51:03 PM
#7

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.

That why I said "nothing to see here, move along." Roll Eyes

yes
legendary
Activity: 980
Merit: 1020
May 21, 2011, 02:50:28 PM
#6

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.

That why I said "nothing to see here, move along." Roll Eyes
newbie
Activity: 42
Merit: 0
May 21, 2011, 02:45:42 PM
#5
automated mining pool payouts
or Santa refueling cash payout. or netflow/ppl dayly activity impact.
ANY stock market fluctuations can reflect virtually anything or nothing at all -)
its nature of such biz -)
try watching NYSE or Nikkei charts/graphs dancing  !! its attractive/psychoactive and and kill both dolphins and humans.
full member
Activity: 131
Merit: 100
May 21, 2011, 02:42:37 PM
#4
automated mining pool payouts

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.
newbie
Activity: 42
Merit: 0
May 21, 2011, 02:42:21 PM
#3
stock market speculation ? Smiley
flash-mob ?[making graph picture smile  ?:-]
but if you read this graphy [really-really-really]CAREFULLY you can read "BitCoin Rulez !!" there Tongue
legendary
Activity: 980
Merit: 1020
May 21, 2011, 02:40:10 PM
#2
Nothing to see here. Move along.
newbie
Activity: 54
Merit: 0
May 21, 2011, 02:37:32 PM
#1
Never noticed this transaction pattern before. Anyone know what causes it?

http://i51.tinypic.com/2vtvdzp.jpg
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