Bitcoin Forum

Economy => Trading Discussion => Topic started by: Prze_koles on March 03, 2011, 09:07:14 PM



Title: Small transaction
Post by: Prze_koles on March 03, 2011, 09:07:14 PM
Hey. I don't know if there is already topic about it, but recently someone traded huge ammounts of BTC. I did some research and I found this: http://blockexplorer.com/address/1AYtnRppWM7tWQaVLpm7TvcHKrjKxgCRvX
I just don't know what does it mean, does he just sent all that money to one address in one block? Can someone explain?


Title: Re: Small transaction
Post by: theymos on March 03, 2011, 09:31:10 PM
That was a few days ago. 1AYtn... received 400,000 BTC and then sent 150,000 BTC to 1LYJH... (possibly the same person). 1LYJH proceeds to break the coin into many smaller pieces over a long period of time. My guess is that 1LYJH is breaking the coin intentionally for some reason (maybe anonymity).

There might also be another person (1NMDH (http://blockexplorer.com/address/1NMDHMGjJBZjNfAEjvASPjUvT5kwFsHe9U)) between 1LYJH and the chain of coin-breaking transactions.

Interesting series of transactions.

One of the 400,000 BTC transactions was only 259 bytes in size, and only one transaction/block, since the 400,000 BTC was already in one coin.