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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19517. (Read 26610659 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

We should move more up if the eth bubble is deflating.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 2772
Merit: 1019
More precisely it looked like around 10K coins being broken up into 2.5 coin outputs, with only two outputs per transaction (one 2.5 and one huge change). Why that would be done rather than simply creating a whole bunch of 2.5 outputs in one tx (with much lower fees) I have no idea, other than maybe some sort of mempool type attack, or stupidity.



Quote from: hanlon's razor
never attribute to malice which can adequately be explained by stupidity
legendary
Activity: 966
Merit: 1000
More precisely it looked like around 10K coins being broken up into 2.5 coin outputs, with only two outputs per transaction (one 2.5 and one huge change). Why that would be done rather than simply creating a whole bunch of 2.5 outputs in one tx (with much lower fees) I have no idea, other than maybe some sort of mempool type attack, or stupidity.



It is possible than someone wants people to believe Satoshi is back to sell his coins before the hardfork. Market manipulation ? Governance manipulation ? I don't know. The cost of the manipulation is very high, at first sight, thousands of coins.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
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 Cheesy 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


Ok. Sure. So go post your bullshit marketing of etherium and "VB" in another thread.   

What are you trying to do?  Save us from our own btc topic?  Ultimately you are in the wrong thread. And you know it, but you seem to be somehow attempting to either play dumb or to make some stretch of logic to promote your irrelevant pumping of the alt coin in the wrong thread.
legendary
Activity: 2968
Merit: 1198
More precisely it looked like around 10K coins being broken up into 2.5 coin outputs, with only two outputs per transaction (one 2.5 and one huge change). Why that would be done rather than simply creating a whole bunch of 2.5 outputs in one tx (with much lower fees) I have no idea, other than maybe some sort of mempool type attack, or stupidity.

donator
Activity: 2772
Merit: 1019
legendary
Activity: 966
Merit: 1000

Look at the transactions, it is the same 71xx coins moving a lot of times in the same block. Someone wants the price down, and you are playing his game.

https://blockchain.info/fr/address/1xLscGoJcSW7BojkcPuaLB3CHEURdcrPB
legendary
Activity: 1615
Merit: 1000
[blockchain. info total output chart]
The peak in total output disappears if you exclude returned change. Someone is buying ice creams directly with a multi-million wallet:
https://blockchain.info/charts/estimated-transaction-volume


This. TX volume is relevant to speculation, total output not so much.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold

what does this mean ? some whales moved their coins ?   Huh  

and Is this good for price or these big volume are dumping and we will see a new fall ?
legendary
Activity: 2758
Merit: 1075
again incase some missed it.....
Currency Stats Bitcoin currency statistics
Blocks Mined    170
Time Between Blocks    8.47 (minutes)
Bitcoins Mined    4,250 BTC
Total Transaction Fees    38.06806048 BTC   
No. of Transactions    189094   
Total Output Volume    44,414,562.57721106 BTC   
Estimated Transaction Volume    169,724.07124416 BTC   
Estimated Transaction Volume (USD)    66,073,580.94 USD   
Market Summary
Market Price    $389.3 USD (weighted)   
Trade Volume    $2,005,774.95 USD
Trade Volume    5,152.26 BTC
Mining Cost
Total Miners Revenue    $1,669,318.4
% earned from transaction fees    0.89%
% of transaction volume    2.53 %   
Cost per Transaction    $8.83   
Hash Rate and Electricity Consumption
Difficulty    113,354,299,801.47
Hash Rate    957,928,377.16 GH/s   
member
Activity: 371
Merit: 57

The peak in total output disappears if you exclude returned change. Someone is buying ice creams directly with a multi-million wallet:
https://blockchain.info/charts/estimated-transaction-volume
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2758
Merit: 1075
Currency Stats Bitcoin currency statistics
Blocks Mined    170
Time Between Blocks    8.47 (minutes)
Bitcoins Mined    4,250 BTC
Total Transaction Fees    38.06806048 BTC    
No. of Transactions    189094    
Total Output Volume    44,414,562.57721106 BTC    
Estimated Transaction Volume    169,724.07124416 BTC    
Estimated Transaction Volume (USD)    66,073,580.94 USD    
Market Summary
Market Price    $389.3 USD (weighted)    
Trade Volume    $2,005,774.95 USD
Trade Volume    5,152.26 BTC
Mining Cost
Total Miners Revenue    $1,669,318.4
% earned from transaction fees    0.89%
% of transaction volume    2.53 %    
Cost per Transaction    $8.83    
Hash Rate and Electricity Consumption
Difficulty    113,354,299,801.47
Hash Rate    957,928,377.16 GH/s    
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