Bitcoin Forum

Economy => Speculation => Topic started by: Xiaoxiao on October 30, 2015, 10:12:30 PM



Title: Any chance the recent spike was because of this?
Post by: Xiaoxiao on October 30, 2015, 10:12:30 PM
A $13,000,000 purchase in a short amount of time by this oil tycoon's family:

https://bitcointalk.org/index.php?topic=1229002.0


Title: Re: Any chance the recent spike was because of this?
Post by: dloghwak on October 30, 2015, 10:19:53 PM
A $13,000,000 purchase in a short amount of time by this oil tycoon's family:

https://bitcointalk.org/index.php?topic=1229002.0
Is there any proof at all? I see no transaction id or address mentioned, seems like bullshit.


Title: Re: Any chance the recent spike was because of this?
Post by: gentlemand on October 30, 2015, 10:24:30 PM
A one off $1.5 million buy presumably several days ago when over $70 million was traded alone today?

Er, no.


Title: Re: Any chance the recent spike was because of this?
Post by: medUSA on October 30, 2015, 10:58:14 PM
Is there any proof at all? I see no transaction id or address mentioned, seems like bullshit.

Most sources confirms the kidnappers demanded ransom to be paid in bitcoin. I managed to find only one source (cointelegraph) which confirm his family has bought some bitcoin and the bitcoin changed hands:

"The local police and enforcement agencies are still unable to trace the origin of the transaction
and couldn’t track the location of the bitcoin wallet account, which received the bitcoin ransom."
http://cointelegraph.com/news... (http://cointelegraph.com/news/115502/taiwanese-kidnappers-receive-168m-bitcoin-ransom-from-billionaire-yuk-kwan)

This Hong Kong newpaper can't confirm his family send any bitcoin: "It was unclear if Wong’s family sent ransom money"
http://www.scmp.com/news... (http://www.scmp.com/news/hong-kong/law-crime/article/1873038/hong-kong-executive-bail-fraud-rescued-taiwanese-kidnappers)


Title: Re: Any chance the recent spike was because of this?
Post by: cakir on October 30, 2015, 11:09:55 PM
I don't think it's related. "blockchain proof needed" , "Tx id or didn't happen. "