Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24202. (Read 26609203 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Right off to bed. Hopefully be a semblance of normality on here when i return.
You can't sleep. The next few hours are critical!
legendary
Activity: 1078
Merit: 1441
That spike may be the ~144'000 coins seized from Ross Ulbricht's laptop.
No, they are resting here:
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
Indeed.  This may be easier to read:
http://www.walletexplorer.com/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw

Then what could the spike [ in bitcoins-days destroyed ] be?

One should look in the blockchain for one or more transactions, about a day ago, totalling at least 120 kBTC.  Is there a tool that would list the largest transactions within a range of dates?

http://www.goochain.net/
legendary
Activity: 1176
Merit: 1000
Right off to bed. Hopefully be a semblance of normality on here when i return.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 910
Merit: 1003
That spike may be the ~144'000 coins seized from Ross Ulbricht's laptop.
No, they are resting here:
https://blockchain.info/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw
Indeed.  This may be easier to read:
http://www.walletexplorer.com/address/1i7cZdoE9NcHSdAL5eGjmTJbBVqeQDwgw

Then what could the spike [ in bitcoins-days destroyed ] be?

One should look in the blockchain for one or more transactions, about a day ago, totalling at least 120 kBTC.  Is there a tool that would list the largest transactions within a range of dates?
legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1456
Merit: 1000
if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information  or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too.  Sometimes, I may be wrong about the posters intent to spread FUD

Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.

Who died and put you in charge?  I have every right to call something FUD if that is how I see it, whether I am correct or NOT.

You attempt to act as if you have some superior perspective of what should be or NOT...  

THIS. THIS is the point -- "who died and put you in charge"? THE POINT IS THIS.

You are attempting to get me to stop doing something.. . am I attempting to stop you?  NO

If you post FUD, then I may say, "that's bullshit."  Let's stick to substance rather than style, but you trolls and FUD spreaders prefer to get distracted into personal attacks and into misinformation and into non-relevant technicals..   Yes, some of us have noticed that those are the attributes of trolls and fud spreaders and spammers and "spammer trolls"  (my new signature . hahahahaha)...  

YOU NEWBIE IS A "SPAM TOLLER"     Cheesy Cheesy Cheesy Cheesy

I just give up. I guess every village needs its idiot. It appears we've come full circle.


the problem is that u seem to be a permabear, and he hate bear of any kind  Grin
legendary
Activity: 1456
Merit: 1000
oh no volume again, i hope the price is not going to dive atm  Sad
There is volume in China. Hey, that's a financial koan.

this is interesting, i still hold and wait. the price actually rises again. wow  Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information  or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too.  Sometimes, I may be wrong about the posters intent to spread FUD

Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.

Who died and put you in charge?  I have every right to call something FUD if that is how I see it, whether I am correct or NOT.

You attempt to act as if you have some superior perspective of what should be or NOT...  

THIS. THIS is the point -- "who died and put you in charge"? THE POINT IS THIS.

You are attempting to get me to stop doing something.. . am I attempting to stop you?  NO

If you post FUD, then I may say, "that's bullshit."  Let's stick to substance rather than style, but you trolls and FUD spreaders prefer to get distracted into personal attacks and into misinformation and into non-relevant technicals..   Yes, some of us have noticed that those are the attributes of trolls and fud spreaders and spammers and "spammer trolls"  (my new signature . hahahahaha)...  

YOU NEWBIE IS A "SPAM TOLLER"     Cheesy Cheesy Cheesy Cheesy

I just give up. I guess every village needs its idiot. It appears we've come full circle.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
oh no volume again, i hope the price is not going to dive atm  Sad
There is volume in China. Hey, that's a financial koan.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information  or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too.  Sometimes, I may be wrong about the posters intent to spread FUD

Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.

Who died and put you in charge?  I have every right to call something FUD if that is how I see it, whether I am correct or NOT.

You attempt to act as if you have some superior perspective of what should be or NOT...  

THIS. THIS is the point -- "who died and put you in charge"? THE POINT IS THIS.

You are attempting to get me to stop doing something.. . am I attempting to stop you?  NO

If you post FUD, then I may say, "that's bullshit."  Let's stick to substance rather than style, but you trolls and FUD spreaders prefer to get distracted into personal attacks and into misinformation and into non-relevant technicals..   Yes, some of us have noticed that those are the attributes of trolls and fud spreaders and spammers and "spammer trolls"  (my new signature . hahahahaha)...  

YOU NEWBIE IS A "SPAM TROLLER"     Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 1456
Merit: 1000
oh no volume again, i hope the price is not going to dive atm  Sad
hero member
Activity: 910
Merit: 1003
full member
Activity: 238
Merit: 100
if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information  or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too.  Sometimes, I may be wrong about the posters intent to spread FUD

Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.

Who died and put you in charge?  I have every right to call something FUD if that is how I see it, whether I am correct or NOT.

You attempt to act as if you have some superior perspective of what should be or NOT...   

THIS. THIS is the point -- "who died and put you in charge"? THE POINT IS THIS.
full member
Activity: 238
Merit: 100
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
if someone came in and attempted to dedicate way too much significance to that one fact, then I may call that FUD spreading, or if someone skewed the information  or if someone only tells part of the story while leaving out obvious relevant and material counter facts, then I may call that FUD spreading too.  Sometimes, I may be wrong about the posters intent to spread FUD

Yea, cut that s--- out... it scares away the normals. Not everything is FUD. Sometimes people are curious or place inaccurate value on certain info. And, if they are overstating certain info, I want to know that, too -- it's not just the info that matters, but what people think the info means. Like, free market of ideas, man. The trolls are not in disguise.

Who died and put you in charge?  I have every right to call something FUD if that is how I see it, whether I am correct or NOT.

You attempt to act as if you have some superior perspective of what should be or NOT...   
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
sr. member
Activity: 476
Merit: 250
A day trader who mocks his colleagues who lost money at trading is like a fisherman who shoos away the fish that try to nibble at his bait.  He did not quite grasp the idea yet.

This guy has been rude and dismissive to me and a lot of the folks who were newer to BTC. He's also accused me of things at various times even when I was less of a snarky prick. He deserves it and I'm bored.

This. He's been kind of an arrogant prick. 

Give the guy a break, those bags he's holding are really heavy.
hero member
Activity: 910
Merit: 1003
Bitcoin days destroyed spike, similar to the one in June:



The spike shows practially unchanged (~43 million bitcoin-days)  in the chart filtered by "minimum age 1 month" but is totally invisible in the chart with "minimum age 1 year".  It means that the coins responsible for the spike were last moved between 30 and 365 days ago.  I would guess that it was a single owner, or maybe a few.  (If it was a collective event, such as Black Friday shopping, it should have moved many young coins too.)

The number of coins involved is therefore between 43 M / 365 = ~118 kBTC and 43 M / 30 = ~1.43 M BTC.

If the owner bought those coins within the past year, he must have paid 45 million to 1.7 billion dollars for them. But the coins may have been bought well before they were last moved, so their cost may have been much less.

That spike may be the ~144'000 coins seized from Ross Ulbricht's laptop.  They were probably moved to a single address by the FBI after his arrest, and are now being moved to an address under control of the USMS, and/or are being split into lots, in preparation for the auction.  If that is the explanation, the last time they were moved must have been 43 M / 144 K = ~300 days ago, by the end of jan/2014.  It should be easy to confirm or exclude this explanation by looking at the blockchain.

It could also be blockchain.info (or some other big holder) moving all their coins to new addresses, if they became concerned about the safety of the old keys.
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