304517 -- A BIG Block!

[hodlmybtc]

Funds are Bitstamp's cold wallet

Do you have any proof for this? It is very difficult to confirm, as the wallet is not tagged as such in Blockchain.info. But looking at the wallet balance, it definitely belongs to one of the major exchanges.

Funds are Bitstamp's cold wallet

Any source that can back up this affirmation?

Check out: https://www.bitstamp.net/s/documents/Bitstamp_proof_of_reserves_statement.pdf

https://blockchain.info/nl/address/1EFJUipfCHFmmTFkF9vvjFKdBf3VbfvarM is the cold wallet address according to the pdf.

Then follow the BTC a couple transactions further and you will end up at https://blockchain.info/nl/address/1AZVcgGjb64XYzmAXwQyWCmvsZriQoiJw which made the 175k+ BTC transaction.

[Beliathon]

Surely a bank wouldn't move that amount of money with any costs being incurred?

I'm just pointing out its amazing that we can move vasts amounts of money without any paperwork, to anybody in the world for no costs. If that doesn't convince skeptics then nothing will.

Bank to bank I'm sure they don't charge each other.

You and I aren't in the club though, thats why we pay

Bingo.

[Bitcoin Magazine]

...

Block 304517 (won by BTC Guild) came in at a (gross) amount of $126,442,364.66 !!

I have not seen one that big before.

I do know that BTC Guild itself saw nowhere near that amount, but someone made/transferred a lot of money today.  I hope they don´t spend it all in one place.

 

that amount of money makes me vomit.  not cause i want it, but cause it's not enough.. (seriously, what is this fucked up thing going on in my brain).

[Justin00]

probably trendon moving his earnings around :p
i joke i joke... we all know its goat just cleaning his wallets heh

[ajareselde]

why are you so amazed , i just moved it to take a dump
save your wifes, save your children ))

[Swordsoffreedom]

probably trendon moving his earnings around :p
i joke i joke... we all know its goat just cleaning his wallets heh

Now only the people who get who Trendon Shavers was will snicker at that one
Still in jail
As for the Goat not sure if he ever revealed his Bitcoin addresses but he did make a good lie to reveal KNC never paid for its platinum seat

[jbreher]

Now only the people who get who Trendon Shavers was will snicker at that one
Still in jail

I don't think Shavers' ponzi has ever caused him a trip to jail. Isn't he free at the moment?

[zhaidixjymj8825]

...

Block 304517 (won by BTC Guild) came in at a (gross) amount of $126,442,364.66 !!

I have not seen one that big before.

I do know that BTC Guild itself saw nowhere near that amount, but someone made/transferred a lot of money today.  I hope they don´t spend it all in one place.

 

It seems arbitrary to me to point to the block

[shenguajrgpv745]

The blocks are the same reward amount (except due to a halving). 

[Phinnaeus Gage]

Well, someone moved a couple (175,497) BTC around. It happens.
https://blockchain.info/tx/5c1c0b73ce58662382b9b99316a8423063541b480f135a202059d633f5586e3b

Stems from here: https://blockchain.info/tx/057089cdb9b61b51c3ded3662c3a0665641c1e72ef219fe59b3f4010c450e779

Moving forward a tad, we arrive at https://blockchain.info/tx/843b37819dffb1b2cb3b4af120ebb22a3ff5a0e76029b70c4dddf92d6bb729ae

Looks like 5 guys (possibly) got some sort of percentage payout.

[Nawaytes]

I've seen manytimes Big block from Ghash.io, 

[bitshul]

If you have any experience of looking at the blockchain, you will see that this is almost certainly a single payment of BTC 10,000, with the balance in the sender's wallet being transferred to a new key (done for security reasons).

So a single payment of less than USD 10,000,000, of the sort that large banks do many times a second all day long, for free or so close to free that the cost can't be measured.

Nothing to see here, move along.

[MICRO]

If you have any experience of looking at the blockchain, you will see that this is almost certainly a single payment of BTC 10,000, with the balance in the sender's wallet being transferred to a new key (done for security reasons).

So a single payment of less than USD 10,000,000, of the sort that large banks do many times a second all day long, for free or so close to free that the cost can't be measured.

Nothing to see here, move along.

Actually there is everything to see here. Where did u saw that bank transactions ? And that bank transactions are fake money transactions, they dont have it. In btc its bit different.

[bitshul]

http://www.frbservices.org/operations/fedwire/fedwire_funds_services_statistics.html

There you go - 11 million transactions a month, or about 5 per second, where the average transaction amount is almost exactly BTC 10,000 at current exchange rates.

Note that Fedwire is only one of several payment services used by large banks, there are also Target2 and CHIPS for example.

[MICRO]

http://www.frbservices.org/operations/fedwire/fedwire_funds_services_statistics.html

There you go - 11 million transactions a month, or about 5 per second, where the average transaction amount is almost exactly BTC 10,000 at current exchange rates.

Note that Fedwire is only one of several payment services used by large banks, there are also Target2 and CHIPS for example.

Still they are transferring illusions not theirs own money they don't have that money its all fake.
In bitcoin that is different . And transactions will get bigger overtime. Bitcoin is only 5 years old how old are banks ? We are getting there ...