Bitcoin Forum

Have a look to this address
https://blockchain.info/address/18JrJCiwQTyAY6Jq98ABLMoTNr6LrK65BB
and follow to any other address.

Do you see what I see?

These transactions are not bitcoin mixing. The creator of these transactions just moves funds between several his addresses.
Each address has about ~28k transactions and counting
To be correct the number 28k is the total number of transactions in this "stress-test".

I do not know any reason to fill the blockchain with these kind of flood.

And each transaction is exactly 5 minutes apart

Where did you find this address? I'd hardly call 20-30kB every ~5 minutes spam. They seem to be paying an adequate fee.

In blockchain
1) What is the reason to create a chain of such mixing-like transactions for months?
2) I am not sure that this is the only chain

So why would anyone do this or even spend the time to do this? I don't get it. Do they plan on mixing in the future or what?

These are valid transactions that pay a high enough fee to be likely to confirm and do not create any un-spendable outputs.

I don't see anything wrong with that.  As far as I'm concerned, that's what bitcoin is for.

28k transfers from left pocket to right pocket and back? Every 5 minutes?  ;D
Is this really bitcoin invented for?  ;D

A chinese gambler used to do it, gambler's fallacy etc.

Why do you assume this address is being used for 'stress-testing'?  Are you just making a guess?

Are you able to use blockexplorer?  ;D
Take any address from the page and view its history

In a way, yes. You own it and can do whatever the f*ck you want with it, without having to explain yourself to any authority.

As far as one paying significant fee to the miners each and every transaction will get confirmed in no time.

If the owner of that address added zero fee or a very low fee (~1 to 10 sat) we can pretty much conclude it as jamming the network.

If his prime intention was to do so then he is losing his coins in fees. ;)

What if they added a txt file as a well to advertise their products I think that would be better than sending useless dust

Creating transactions that transfer control of value from a set of previously unspent outputs to newly created unspent outputs, while rewarding "miners" with transaction fees?

Yes.  This is exactly what bitcoin was created for.

The whole idea behind the creation of bitcoin is that there is no centralized controler of the system who can decide that your personal use doesn't fall within their intended use and then stop you.

Strange choice of transactions, all paying okay fees, seems like a waste of bitcoin for the individual.

Not understanding the reason, this believed to be making a statement? Some times I think its a sign bitcoin attracts some ocd behaviour. The gambler aspect I can believe as well.

maybe you are right
look at this transaction from his address
https://blockchain.info/tx/b2005c06d6fa9b455904221efde88e94b8149afcf5d1d34d9c20912f42b411c8
Size    : 2402 (bytes) but the fee only  0.00015 BTC   :-X >:(

Here's what we know:

https://bitcointalk.org/index.php?action=trust;u=197593


https://www.walletexplorer.com/wallet/103a62fa3cd37961/addresses

https://i.imgur.com/n2ipMNJ.jpg

Address                                                           Created/First Use Date

18JrJCiwQTyAY6Jq98ABLMoTNr6LrK65BB          2015-10-16 10:00:38
1JPdSpvfqCHxsViDWaGvKmYtP2jG6y3W2          2015-10-16 10:00:38
1KnbWNS5XY5X9sRKo8vV9bwnWexMJKy4GH    2015-10-16 10:00:38
1LFAwCeBaJvFm4sL5W5PdyNfMyN9mUhTDv      2015-10-16 10:00:38
18JstwejVrsh2gVas2K52MvJRkpHWx1hMK         2015-10-16 10:00:38
1B45QRp2i32Cng2qxhdHqHyPjU32nqhtF3          2015-10-16 10:00:38
1PSTNtPTLe8wPUajyiBbRoBwcouvJpu3ZJ           2015-10-16 10:00:38
1KhTtLmSVgwcsFLBZnvhNYxMEzabRd7A4i        2015-10-16 12:44:39
1Ns99r9eckfY59dMUTdZ3BYKRGrHrzVb3Z         2015-10-16 10:00:38
1ALwzRPVvxvdeXfJQww5jdpcZuU2Myhd83        2015-10-16 12:44:39
181TA8PXbvwwEdX6atsCSFjK6RCVVcNqih         2015-10-16 12:44:39
1H9aoyAnZan7MqUxYQVqtiqi18F74NCuqn         2015-10-16 10:00:38
14N7TDMwFc4pxJ3xXGjC4kXAZcZKzdoYQf        2015-10-16 10:00:38
1Eto5UFzbQmXfFxzB7P6u5HgHWf77HYT16       2015-10-16 10:00:38

14 addresses belonging to the same wallet: 11 created on 2015-10-16 10:00:38; 3 created on 2015-10-16 12:44:39.

https://blockchain.info/address/1Eto5UFzbQmXfFxzB7P6u5HgHWf77HYT16

https://i.imgur.com/Y1G8XCv.jpg

Is that a change way to fund an address at the exact same time from three different addresses (right) belonging to the same wallet? - https://www.walletexplorer.com/wallet/0271a974ab6dcb45/addresses - This [anomaly] transpired virtually halfway between the creation of the first 11 addresses and the 3 subsequent addresses stemming from the ONLY address currently not in use (last transaction: 2015-11-07 10:08:50).

Total spent in fees = ~ U$1,400.

This is very strange for someone to waste this sort of BTCitcoin in which most of them will go for fee payments as result since it looks like a continuous type of transactions (mostly bot related). It could be used to deceive a brand that is paying perhaps (most likely a investment company that tricks into paying).

isn't it quite possible for this all to be some form of test? or at very least a group of people trying to support and potentially break BTC by seeing what it can/ cant handle, or doing it just for the sake of helping the network out by supplying transactions. hell it is even possible that they are focused primarily on implementing some update into their wallets to test out a new form of attack. all I know is that currently they are not harming anything and in fact might be helping the chain. I wouldn't worry until it is time to.

Definitely not brand related. The entity definitely has the bucks to do this. I'm leaning heavily toward the OP's assessment, namely clogging the pipes so to increase block size.

Here's an article dated the same day that the 14 addresses were created: http://coinjournal.net/bitcoin-will-need-to-scale-to-levels-much-higher-than-visa-mastercard-and-paypal-combined/

It's a little bit odd, but I do not see anything being actually wrong with those transactions.
It does look like an automated process or something though and i wonder what the purpose is.

Once every 5 minutes is not spamming or stress test. I don't think so. This is some sort of bug in program, or something else.

For a spammer, you are looking for huge amount of transaction and close to nil transaction fee.

Maybe he is encoding 'data' into the output amounts..

There are various academics and other researchers out there conducting all manner of research in bitcoin. I suppose it could be someone's grad project, though what they are trying to learn I can't imagine.

This in my opinion is one of two things... 1. The person is part of a group of people that does this with different addresses, to add spam to the network. If I am correct, you would find more of this

during the same period, but with different address groupings. In this way, it does not look as if it is related, but it is part of the same attack. Or 2. Someone is using this as scam, to show payment

proof, but the money ends back in his/her own pocket. You would have to be stupid to fall for that, but people tend not to look any deeper than the surface.  ::) 

lol no, it's plain spam... Probably to put pressure into the blocksize debate.

I agree that he may be counting something with his transactions or something like that. If adequate fees are paid, it is also helping mining to be profitable. It's fine for me.

For sure the person who own that adress is doing it with an reason. Can't imagine that the person who did this will do it if there wasn't any advantage.

I wouldnt say its flooding, since the owner himself pays fees for all that transactions.
My first thought would be that he is testing something for his own purposes or he is just an employer of some kind of Company.
I would also think that as somenone mentioned above it is being done for some scientific reasons, regarding Bitcoin and its improvements.
Either way I doubt that he doesnt know what he is doing, since the fees he is paying is quite a bit.

Because there is no reason to just spend fees to move money from one address to another address just for fun. And again back and forth every 5 minute.  ::)

~U$1,400 worth of bitcoins for stress testing?

wow man is it really calculated to be that much? or did you make that number up? eiter way it is rediculous to think someone is spending that much money for seemingly no reason

Could be that they are testing how the transactions are relayed through the P2P network - e.g. they have nodes set up at different locations and looking at which nodes receive transactions first.

Meh, this is spam in its purest form. The number of transactions in the mempool has cooled down significantly so we know it wasn't actual usage. It's likely that someone taking sides in the blocksize debate initiated the spam attack to push an agenda.