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Bitcoin => Bitcoin Discussion => Topic started by: RoxxR on February 10, 2014, 09:32:32 PM



Title: Massive 41,700 BTC transaction just happened
Post by: RoxxR on February 10, 2014, 09:32:32 PM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!


Title: Re: Massive 41,700 BTC transaction just happened
Post by: es.blofeld on February 10, 2014, 09:40:32 PM
wow - indeed most interesting !


Title: Re: Massive 41,700 BTC transaction just happened
Post by: jongameson on February 10, 2014, 09:41:00 PM
quick somebody find a vanity address for 1DKH2oZtrcAAoZXsNJQnKBwKYaYdx5KrVV     ;D


Title: Re: Massive 41,700 BTC transaction just happened
Post by: ledmaniak on February 10, 2014, 09:42:03 PM
Happens all the time? ???


Title: Re: Massive 41,700 BTC transaction just happened
Post by: zackclark70 on February 10, 2014, 09:42:15 PM
not even a fee for the network


Title: Re: Massive 41,700 BTC transaction just happened
Post by: 5thStreetResearch on February 10, 2014, 09:43:11 PM
damn thats a big purchase/sell


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Bit_Happy on February 10, 2014, 09:43:57 PM
Is ~$26,000,000 massive in the modern world?   :D
Are they trying to abuse the bug?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Lauda on February 10, 2014, 09:46:24 PM
Is ~$26,000,000 massive in the modern world?   :D
Are they trying to abuse the bug?
Nah I usually keep that in my left pocket.  :D


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bennybong on February 10, 2014, 10:01:46 PM
Mtgox cold storage coming out of storage?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: BittBurger on February 10, 2014, 10:02:13 PM
Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-


Title: Re: Massive 41,700 BTC transaction just happened
Post by: EchoingUprise on February 10, 2014, 10:03:18 PM
I was wondering where all the Mt Gox coins went :P


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bitcoinminer on February 10, 2014, 10:03:56 PM
I was wondering where all the Mt Gox coins went :P

LOL I'm SURE that MagicalPenguin will open up his books and show you!


Title: Re: Massive 41,700 BTC transaction just happened
Post by: angrynerd88 on February 10, 2014, 10:08:34 PM
all my savings of my life amount to 4000 dollars and I putthem on bitcoin. Guess there is someone richer Than me in this world.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Automatic on February 10, 2014, 10:08:55 PM
Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

"Welp, today we had a 41,700 BTC (~$29,190,000) transaction. Yup. Pretty much it. Oh? Who sent it? No idea. Who got it? Nup. No idea still. This is fun. Yup. Welp, it only took up 226 bytes, don't you wish you could brute force that? Haha. I do."


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Kenshin on February 10, 2014, 10:11:38 PM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

Sorry that was me again. I just got another island.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: yannis7777 on February 10, 2014, 10:12:34 PM
Astonishing. That is a lot of btc!


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Perseus353 on February 10, 2014, 10:16:14 PM
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY


Title: Re: Massive 41,700 BTC transaction just happened
Post by: WesandEAC on February 10, 2014, 10:16:52 PM
What about 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Lauda on February 10, 2014, 10:25:11 PM
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY
Most likely an exchange.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: server on February 10, 2014, 10:29:49 PM
"Shit load of money!"  ;)


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Lauda on February 10, 2014, 10:31:51 PM
"Shit load of money!"  ;)
Quote
Activity: 663
Posts: 664
You ruined perfect stats for this post.  :D


Title: Re: Massive 41,700 BTC transaction just happened
Post by: solex on February 10, 2014, 10:34:42 PM
Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY
Most likely an exchange.

That 194k BTC transaction was thought to be by Bitstamp.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: server on February 10, 2014, 10:51:53 PM
"Shit load of money!"  ;)
Quote
Activity: 663
Posts: 664
You ruined perfect stats for this post.  :D

Soon my day will come *666* https://dl.dropboxusercontent.com/u/28686048/smile/evil.gif

But I was referring to this (http://www.coindesk.com/194993-btc-transaction-147m-mystery-and-speculation/), looks like it's related (https://blockchain.info/fr/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204).


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Meuh6879 on February 10, 2014, 11:14:07 PM
not even a fee for the network

 ;D it's a pool.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: misternanyte on February 10, 2014, 11:33:32 PM
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: chipbike on February 10, 2014, 11:42:52 PM
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Welcome to the new central controlled economy where all you do is watched by everyone else.

But yes, many of the bitcoin premisses are just crap. The job of the bitcoin and all other cryptocurrencies will be to open a new paradigm to the banking system... I think we all understand that at this point.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Lauda on February 10, 2014, 11:43:52 PM
Soon my day will come *666* https://dl.dropboxusercontent.com/u/28686048/smile/evil.gif

But I was referring to this (http://www.coindesk.com/194993-btc-transaction-147m-mystery-and-speculation/), looks like it's related (https://blockchain.info/fr/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204).
You are evil!
That's quite a sum.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Cryptopher on February 10, 2014, 11:47:24 PM
Holy smokes! No fee? Poor show! I bet the miners have been busy today given all the movement that's been happening outside of exchanges, then again no outgoing Gox transactions to worry about...


Title: Re: Massive 41,700 BTC transaction just happened
Post by: dbell on February 11, 2014, 03:00:25 AM
If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Automatic on February 11, 2014, 04:28:39 AM
If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.

Or, you know, 41,700 BTC would mature like, instantly, and, you wouldn't have to have a fee anyway?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: MikeyVeez on February 11, 2014, 04:49:18 AM
Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

Yes def. much more interesting, a $26,000,000 money laundering with 0 fees, where do the criminals sign up! Fuck you HSBC and your 10% cut!


Title: Re: Massive 41,700 BTC transaction just happened
Post by: h3rlihy on February 11, 2014, 04:50:28 AM
Probably put the 41,700 into a ponzi.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bryant.coleman on February 11, 2014, 05:11:21 AM
Someone probably moved his coins to a safer wallet.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: gollum on February 11, 2014, 05:16:02 AM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!
Maybe The Wolf of Bitcoin Street took all his cash to some Swiss cold storage bank vault ;)

https://i.imgur.com/k8dzmD8.png?1

Thanks to bitcoin they don't need to move that kind of money physically (41,700 BTC = 27 million dollars)
http://i.dailymail.co.uk/i/pix/2013/06/17/article-2343056-1A5C7572000005DC-874_634x336.jpg


Title: Re: Massive 41,700 BTC transaction just happened
Post by: pungopete468 on February 11, 2014, 05:31:58 AM
Maybe CoinBase?

They spent all of the USD they had stored across the exchanges just buying coins to fill the orders that were placed in the US...

They have also been experiencing slightly longer than average withdrawal times because no doubt they sold all the coins they had available on hand. It took about an hour for them to signal the transfer of the coins I purchased to my personal wallet today...


Title: Re: Massive 41,700 BTC transaction just happened
Post by: TERA on February 11, 2014, 05:32:32 AM
It's getting dumped at market on Bitstamp. Get ready.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: pungopete468 on February 11, 2014, 05:38:01 AM
It's getting dumped at market on Bitstamp. Get ready.

I was waiting for that suggestion.

Also a possibility. Wouldn't be a bad idea to set some bids just in case...

I think CoinBase is most likely. The volume in that account is massive and it seems to be used pretty often. I don't think it's going to dump coins. That account has too much historical volume and it looks like they are selling coins elsewhere. We would've seen some major volume movements in the past if that account were for dumping coins; much more than we've experienced so far...

Edit:

Look at the transactions in November. At the peak in November when interest was skyrocketing they were sending coins out in huge numbers...

116,000 BTC sent out on 2013-11-22 17:38:09

Coins are deposited into this address from several different addresses but then get distributed into the same group of 3 or 4 addresses consistently.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: OliverEngland on February 11, 2014, 05:38:48 AM
Anyone know if someone is buying/selling? Or is someone just moving it?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: pungopete468 on February 11, 2014, 05:40:52 AM
Anyone know if someone is buying/selling? Or is someone just moving it?

That was just a movement. No telling what the accounts are used for...


Title: Re: Massive 41,700 BTC transaction just happened
Post by: dharmapuriharithaa on February 11, 2014, 06:54:19 AM
wow 41,700*600=25020000
that is huge


Title: Re: Massive 41,700 BTC transaction just happened
Post by: wendall on February 11, 2014, 07:04:15 AM
If i had 25 million worth of BTC i will sell them all invest them all secured banks and tour all over world.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: BitcoinSniper on February 11, 2014, 07:12:15 AM
ok we just need like 5 BTC to launch the mission to send the bitcoin flag to space https://bitcointalk.org/index.php?topic=441303.0

So whoever made this huge transaction . Send some coins our way


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bryant.coleman on February 11, 2014, 11:30:25 AM
If i had 25 million worth of BTC i will sell them all invest them all secured banks and tour all over world.

If I had them, then I'll hold on to them until BTC reaches $1,000,000.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: coastermonger on February 11, 2014, 12:07:08 PM
These funds were once part of a larger consolidated address that used have 194,993 BTC
https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204


Title: Re: Massive 41,700 BTC transaction just happened
Post by: S4VV4S on February 11, 2014, 12:26:40 PM
Somebody's getting ready for a huge dump and I think I know who.


~BCX~

Do share...


Title: Re: Massive 41,700 BTC transaction just happened
Post by: S4VV4S on February 11, 2014, 12:27:32 PM
all my savings of my life amount to 4000 dollars and I putthem on bitcoin. Guess there is someone richer Than me in this world.

There will always be someone richer than you unless your name is Rockefeller or Rothschild. ;)




Title: Re: Massive 41,700 BTC transaction just happened
Post by: inoob on February 11, 2014, 12:31:48 PM
Was it a buy or a sell???


Title: Re: Massive 41,700 BTC transaction just happened
Post by: EvilPanda on February 11, 2014, 12:34:03 PM
Was it a buy or a sell???
It was a giveaway :D
No, just joking, it was a HODL.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: inoob on February 11, 2014, 12:39:38 PM
Was it a buy or a sell???
It was a giveaway :D
No, just joking, it was a HODL.

HODL... Hell Of a Dump Lad?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: BTCWizard on February 11, 2014, 12:57:28 PM
Is ~$26,000,000 massive in the modern world?   :D
In a few years this amount of money will be barely enough to buy a sliced bread. :D


Title: Re: Massive 41,700 BTC transaction just happened
Post by: boogi on February 11, 2014, 01:02:59 PM
next transaction says

"Great divine origin allow me gain financial freedom. The feeling of love and gratitude will eternally live in my heart."

https://blockchain.info/address/1DKH2oZtrcAAoZXsNJQnKBwKYaYdx5KrVV


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bryant.coleman on February 11, 2014, 01:33:07 PM
Was it a buy or a sell???
It was a giveaway :D
No, just joking, it was a HODL.

What is a HODL? Did you mean HOLD?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 11, 2014, 05:09:51 PM
Do you know this man ?

http://www.dodaj.rs/f/1X/Uw/4IoBqwVF/ponzi.jpg

http://en.wikipedia.org/wiki/Ponzi_scheme


Title: Re: Massive 41,700 BTC transaction just happened
Post by: tinus42 on February 11, 2014, 05:18:49 PM
not even a fee for the network

That isn't required for a big transfer IIRC.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Nite69 on February 11, 2014, 05:20:47 PM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

I assume it was a payment of only 2500 BTC, one payed it with a 41.7K coin and got some change..


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Flanagan on February 11, 2014, 05:24:03 PM
I am not impressed. Perhaps exchanges move large amts of bitcoins all the time between their own wallets to create transaction volume, who knows.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: N[e]wBie on February 11, 2014, 05:26:51 PM
this address got a lot of bitcoins from new bitcoins generated in feb 2009 (1DRT3c)


Title: Re: Massive 41,700 BTC transaction just happened
Post by: btcxyzzz on February 11, 2014, 05:49:26 PM
Do you know this man ?

Bitcoin is NOT a ponzi scheme!

P.S. Igore pa ti i ovde trujes ekipu sa glupostima :)))


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bitcoinminer on February 11, 2014, 05:50:55 PM
Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back :)


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 11, 2014, 05:53:26 PM
Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back :)

of course   ;D


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Nite69 on February 11, 2014, 06:08:48 PM
Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back :)

Bitcoin isn't a Ponzi scheme, noone has promised any profit.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bitcoinminer on February 11, 2014, 06:15:16 PM
Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back :)

Bitcoin isn't a Ponzi scheme, noone has promised any profit.

You're correct.  It's technically just a standard "pyramid".


Title: Re: Massive 41,700 BTC transaction just happened
Post by: rohnearner on February 11, 2014, 06:28:10 PM
OMG .. that is loads of $$$$$BTCBTCBTCBTC$$$$$$..!


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Kazimir on February 11, 2014, 06:31:57 PM
damn thats a big purchase/sell
Who says it's a purchase/sell? Most likely this is just an exchange moving their funds between cold storage wallets.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 11, 2014, 06:32:04 PM
Breaking news, https://www.bitstamp.net/article/bitcoin-withdraws-suspended/


Title: Re: Massive 41,700 BTC transaction just happened
Post by: FalconFly on February 11, 2014, 06:33:53 PM
And of course I have to pay up fees for every **#ing transaction, but the big guns don't need to pay no stinkin fees right? Business as usual I guess.

Breaking news, https://www.bitstamp.net/article/bitcoin-withdraws-suspended/

Is it just me or is someone / some institution / some agency trying to seriously rock the BTC boat lately ?!
One time is an accident, two times is a trend... three times constitutes a hostile intent. IMHO a bit too many impacts within a so short timeframe for my taste...


Title: Re: Massive 41,700 BTC transaction just happened
Post by: S4VV4S on February 11, 2014, 06:40:40 PM
Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back :)

Bitcoin isn't a Ponzi scheme, noone has promised any profit.

You're correct.  It's technically just a standard "pyramid".

Why so?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 11, 2014, 06:59:31 PM
Now we need a lot money from MtGox and Bitstamp, but they will not have the money to make payments !


Title: Re: Massive 41,700 BTC transaction just happened
Post by: richmke on February 11, 2014, 07:08:16 PM
Just curious:

If bitcoin is to be acceptable for every day transactions: $26 million is chump change in the finance/banking sector.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 11, 2014, 07:09:19 PM
Now we need a lot money from MtGox and Bitstamp, but they will not have the money to make payments !


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bitcoinminer on February 11, 2014, 07:48:01 PM
Why so?

Earlier adopters were smart enough to get in at the top of the pyramid, in small numbers.  Slightly more further down the pyramid, and then broad support of many people with few bitcoins at the bottom.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: fordlincoln on February 11, 2014, 07:56:22 PM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

Sorry that was me again. I just got another island.

LOL !

Damn Bitcoin billionaires - we are just pawns in your evil game of global domination.

I want an island too.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: hellscabane on February 11, 2014, 09:42:25 PM
Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: jongameson on February 11, 2014, 11:39:42 PM
Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

who CARES


Title: Re: Massive 41,700 BTC transaction just happened
Post by: luv2drnkbr on February 12, 2014, 03:56:07 AM
if you trace the inputs back you see a lot of transactions that send something like 1000btc to one address and 50000 btc to another.  so that looks like an exchange moving some coins from cold storage to a hot wallet.  if you trace back to similar tx's, you arrive at one address which no longer follows that pattern, 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY, which has a 90k input from 12sENwECeRSmTeDwyLNqwh47JistZqFmW8.  if you google that address, you get a few people speculating that it's bitstamp.

the speculation in combination with the tx making perfect sense for being a cold-->hot storage move by an exchange, i think there's greater than two chances out of three that OP's tx is a bitstamp cold-->hot storage move.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: bitcoinminer on February 12, 2014, 03:57:33 AM
Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

who CARES

Seconded.  Motion carried.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: ivroer on February 12, 2014, 05:27:23 AM
if you trace the inputs back you see a lot of transactions that send something like 1000btc to one address and 50000 btc to another.  so that looks like an exchange moving some coins from cold storage to a hot wallet.  if you trace back to similar tx's, you arrive at one address which no longer follows that pattern, 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY, which has a 90k input from 12sENwECeRSmTeDwyLNqwh47JistZqFmW8.  if you google that address, you get a few people speculating that it's bitstamp.

the speculation in combination with the tx making perfect sense for being a cold-->hot storage move by an exchange, i think there's greater than two chances out of three that OP's tx is a bitstamp cold-->hot storage move.

If I had to speculate further, if it is Bitstamp moving coin from cold storage to hot wallet, then probably it has been triggered by a few big players saying "I'm out" and queuing up for withdrawal once Bitstamp resumes normal withdrawal service. So they've gotta go the vault to facilitate some concerned customers who lost confidence in having any bitcoin stored in the stamp.



Title: Re: Massive 41,700 BTC transaction just happened
Post by: keithers on February 12, 2014, 05:45:01 AM
I was just moving a few of the coins from my daughter's computer...didn't think everyone would take notice..haha


Title: Re: Massive 41,700 BTC transaction just happened
Post by: lompocus on February 12, 2014, 06:08:50 AM
Maybe someone just bought a ticket on a SpaceX craft?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: jdany on February 12, 2014, 04:10:02 PM
Cryptolocker virus ransom payments showed 41,928 BTC between October 2013 and December 2013.




Title: Re: Massive 41,700 BTC transaction just happened
Post by: samuraizero on February 12, 2014, 04:38:43 PM
send some of that my way ._.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: jongameson on February 12, 2014, 10:28:25 PM
hey i wanted to go on the Virgin cruise to the atlantic with Katy Perry and Pharllel but nobody told me how gay it is


Title: Re: Massive 41,700 BTC transaction just happened
Post by: ZendiMOREN on February 12, 2014, 10:38:25 PM
Omg , he bought a house?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: jongameson on February 12, 2014, 10:40:32 PM
Omg , he bought a house?

hey i only have 2800 :)


Title: Re: Massive 41,700 BTC transaction just happened
Post by: desertfox470 on February 12, 2014, 10:51:10 PM
Haha that's kind of weird and cool at the same time.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Coldchurch on February 13, 2014, 02:12:14 PM
Nice! :o


Title: Re: Massive 41,700 BTC transaction just happened
Post by: igorr on February 13, 2014, 02:24:13 PM
all mining company has left of the game, and bitcoin is lost investors, its game over


Title: Re: Massive 41,700 BTC transaction just happened
Post by: roslinpl on February 13, 2014, 04:25:55 PM
tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

pffff... what a cheapskate! No fee ... pffff .... Rich people are mostly cheapskates.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Sampey on February 13, 2014, 06:03:52 PM
From start wallet i have reached this one :

https://blockchain.info/it/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY



Title: Re: Massive 41,700 BTC transaction just happened
Post by: matt608 on February 25, 2014, 01:16:36 PM
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Heard of Darkcoin?


Title: Re: Massive 41,700 BTC transaction just happened
Post by: Musent on February 25, 2014, 01:54:09 PM
That's a shit ton of money lol.


Title: Re: Massive 41,700 BTC transaction just happened
Post by: CryptoPanda on February 25, 2014, 02:09:33 PM
it was me


Title: Re: Massive 41,700 BTC transaction just happened
Post by: gtraah on February 25, 2014, 02:16:50 PM
I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Just dont give out your address..... If Max Keisers address is shown in public it must mean he doesnt care, I dont have my address shown in public


Title: Re: Massive 41,700 BTC transaction just happened
Post by: sexydh80 on February 25, 2014, 03:12:02 PM
Wow it looks very interesting


Title: Re: Massive 41,700 BTC transaction just happened
Post by: roslinpl on February 25, 2014, 06:28:45 PM
Wow it looks very interesting

well it does indeed!

:)

Cheers and god bless all of you guys :D