Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19516.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: BlindMayorBitcorn on January 24, 2016, 06:09:10 AM

Quote from: smooth on January 24, 2016, 06:03:41 AM

tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

That sounds like a fun afternoon. Cheesy

Somebody heard the first move here: http://www.bitlisten.com/

Probably scared the hell out of him.

try instrument Planet (with Dope) or Wikki (with Alcohol)! Grin

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: hodl_2015 on January 24, 2016, 06:17:36 AM

Quote from: BlindMayorBitcorn on January 24, 2016, 06:09:10 AM

Quote from: smooth on January 24, 2016, 06:03:41 AM

tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

That sounds like a fun afternoon. Cheesy

Try that with dollars :-)
a) getting the transfer processed 500 times in one afternoonen, and b) have anything left to transfer after 499x transaction costs.

Yeah. The total fees for that block was less than .6 btc.

hodl_2015

member

Activity: 371

Merit: 57

Quote from: BlindMayorBitcorn on January 24, 2016, 06:09:10 AM

Quote from: smooth on January 24, 2016, 06:03:41 AM

tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

That sounds like a fun afternoon. Cheesy

Try that with dollars :-)
a) getting the transfer processed 500 times in one afternoonen, and b) have anything left to transfer after 499x transaction costs.

hmmkay

full member

Activity: 306

Merit: 100

Don't you need to wait at least a few confirmations until you can spend that same amount again?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: smooth on January 24, 2016, 06:03:41 AM

tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

That sounds like a fun afternoon. Cheesy

Somebody heard the first move here: http://www.bitlisten.com/

Probably scared the hell out of him.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Mrpumperitis on January 23, 2016, 11:13:22 PM

i think get ready for mega dumps Wink

Yeah. That was a horrible btc crash we just experienced from $387 to $402. Cry

smooth

legendary

Activity: 2968

Merit: 1198

tldr 5 million BTC did not move. Someone with 10k BTC moved it 500 times.

madmat

legendary

Activity: 966

Merit: 1000

Quote from: JayJuanGee on January 24, 2016, 05:45:09 AM

Quote from: madmat on January 24, 2016, 05:38:56 AM

Quote from: JayJuanGee on January 24, 2016, 05:37:18 AM

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Read the last two pages please.

To me, seems to be a slightly different topic with the details of my above provided link and nearly 5.7 million btc contained in that one block.

The 5.7 million btc in one block are just 10,000 btc moving and moving. Today, you could spend unconfirmed outputs so you could move the same coins many times in the same block. I think i found the initial transactions : https://blockchain.info/fr/address/18SwPkgUHFo8QLh5fMcchKvmUVrFNxXF6B

Good luck to go further back, this has been mixed an remixed.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: BlindMayorBitcorn on January 24, 2016, 05:52:19 AM

Quote from: JayJuanGee on January 24, 2016, 05:45:09 AM

Quote from: madmat on January 24, 2016, 05:38:56 AM

Quote from: JayJuanGee on January 24, 2016, 05:37:18 AM

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Read the last two pages please.

To me, seems to be a slightly different topic with the details of my above provided link and nearly 5.7 million btc contained in that one block.

Don't feel bad. I just woke up. I have no idea what's happening.

Probably my own false alarm in raising the question because I don't understand all of the descriptions in the blocks total output and transaction volume.

I reviewed and identified some other blocks with real high total btc outputs in the millions of btc. So doesn't seem to be as unusual as I was making it out to be.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: JayJuanGee on January 24, 2016, 05:45:09 AM

Quote from: madmat on January 24, 2016, 05:38:56 AM

Quote from: JayJuanGee on January 24, 2016, 05:37:18 AM

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Read the last two pages please.

To me, seems to be a slightly different topic with the details of my above provided link and nearly 5.7 million btc contained in that one block.

Don't feel bad. I just woke up. I have no idea what's happening.

mmortal03

legendary

Activity: 1762

Merit: 1011

Bitcoin hash rate surpassed 1 billion gigahashes per second yesterday:
https://blockchain.info/charts/hash-rate?timespan=2year&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&address=

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: madmat on January 24, 2016, 05:38:56 AM

Quote from: JayJuanGee on January 24, 2016, 05:37:18 AM

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Read the last two pages please.

To me, seems to be a slightly different topic with the details of my above provided link and nearly 5.7 million btc contained in that one block.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Fatman3001 on January 24, 2016, 05:22:28 AM

We should move more up if the eth bubble is deflating.

Currently eth appears to being pumped. Yes. It should deflate soon, but who really knows. There are a lot of filthy rich people out there who could easily pump eth with their pocket change.

madmat

legendary

Activity: 966

Merit: 1000

Quote from: JayJuanGee on January 24, 2016, 05:37:18 AM

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Read the last two pages please.

BTC_ISTANBUL

sr. member

Activity: 331

Merit: 250

My T.A for BTC:

If the price is >370 USD, keep position.
If price is < 370 USD stopp loss.

Cash your profit @465 USD, if there is a close above 470 USD enter position over 470 USD.

Watch for MA (exp), KEEP AN EYE @ Vol.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

I find it quit amazing to have over 5 million btc transmitted in one block and less than .6btc for transaction fees.

Block #394745 https://blockchain.info/block/0000000000000000038503620631d260165c351bd5da432524cf6ab4d98f1418
BTC 5,691,062.06949177 (??)

Also, how does nearly 5.7 million btc get transmitted in one block?

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: Mrpumperitis on January 24, 2016, 01:11:42 AM

Quote from: JayJuanGee on January 23, 2016, 11:57:47 PM

Quote from: Mrpumperitis on January 23, 2016, 11:42:31 PM

Vitalik Buterin, the developer and co-founder of crypto 2.0 platform Ethereum and co-founder of Bitcoin Magazine, has received the award at the WTN’s 2014 summit held at the Time & Life building in New York City and joins now the illustrious circle of recipients nominated by the World Technology Network each year. The event has been organized together with Fortune and Time. Besides, Buterin has been involved in multiple crypto projects over the years, including KryptoKit and Dark Wallet. Furthermore, this is not the first time the youthful developer has been rewarded for his efforts: in July this year Buterin benefitted a US$100,000 maintenance grant from Peter Thiel, PayPal co-founder and venture capitalist, which allow him to further progress in his start-up projects, including Ethereum. Multiple prominent industry leaders and companies have received World Technology Awards since the turn of the century, including the likes of Pinterest, Tesla, Skype, Apple, IBM, Amazon and other individuals and organizations that have made their mark in the world of technology. Vitalik Buterin was the only big name in the digital currency industry to win an award at this year’s WTN event.

well done m8 Smiley

hahahahaha

Cheesy

sure it is funny how the likes of Mr. Pumperitis ... likes to continuously pump alts in this bitcoin thread, including Ethereum...

and it is also funny how some big industries will also pump alts, to some extent, in order to create impressions of competition with bitcoin... when bitcoin remains the main game in town... and ethereum, if it becomes a contender, is years away from bitcoin... .. will be interesting to see if ethereum is still being pumped in a couple of years... and if it catches up to bitcoin in any ways.. including the computing power behind bitcoin.

http://www.wtn.net/summit-2014/2014-world-technology-awards-winners
dude this isnt a pump...its a realization...an awakening of the crypto masses, all of us have realized btc is not in capable hands anymore. Many smart traders saw this coming months ago(some even yrs ago), if btc fails what should we do...go to fiat or another coin??.
crypto isnt dying ,its evolving Cool

A coin that does not have the issues btc is having..and if it does have issues in the future "who would fix it"? people trust VB more than any btc future dev , its that simple

Ethereum isn't ready to absorb a lot of value yet. At least according to the dev team.

BTC_ISTANBUL

sr. member

Activity: 331

Merit: 250

I have been involved mining for almost 3 years.I have read many speculative opinions, accusations, etc including the identity of Satoshi, Variety Jones and other charachters.However, I have got another idea.Many miner manufacturers including Avalon,Bitmain,Bitfury pay the hardware component manufacturers in BTC.This means the manufacturers has a huge BTC reserve.Although the manufacturers do not want to sell at low levels (400 USD is discussably low), but keep them.However if you are obliged to sell what you have at any price to pay for wages,resources and other spenditures.

I do not believe in speculative talks since with every BTC generated volume is increasing and speculation and MANIPULATION is getting harder.

I am not sure but Silkroad's all BTC account is allready being sold out.Is it true?If this is the situation the price may increase to thousand...

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

We should move more up if the eth bubble is deflating.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19516. (Read 26610656 times)