Again spam-attack on Bitcoin network? 22.06.2016

[oldisoft]

Hi All!

It seems like Bitcoin network again is attacking by micro tx...

Do you know anything about that?

Have a look on this for example: https://blockchain.info/address/3Pkxf5RscspC2QcWvhCJsrPM8RaBv2qZBi

this is one of many other address' which is doing s**t for network...

Cheers

[thanhswp]

oh that's the reason why Bitcoin price reduced 

[Lauda]

This is interesting since the fee is constant and so is the TX size (approximately). I can't say for sure what the nature of these transactions is, but it surely does not seem 'normal' as the pattern is repetitive. The fee included seems decent 149 701 satoshi/kB.

oh that's the reason why Bitcoin price reduced  

No. Stop worrying about the price and move price-related talk to the appropriate section (Speculation).
I think that the network is fine at the moment. I don't see nothing unusual on my mempool.

[Cuidler]

It seems like Bitcoin network again is attacking by micro tx...

Have a look on this for example: https://blockchain.info/address/3Pkxf5RscspC2QcWvhCJsrPM8RaBv2qZBi

Actually this looks like some service hot wallet doing a lot of withdrawal transactions regularly. The fee is definitively not spammy, 30 cents per transaction (equivalent 1 USD per 1 KB). I see they use one transaction for every new withdrawal - they could save a lot of fees if they bundle all withdrawals in last ten minutes to one transaction, but maybe the fees dont matter to them or they need unique transaction ID for every withdrawal.

So even though this service sending a lot of transactions daily, they all have recommended fee thats why this cannot be considered spam.

[BitMaxz]

Every transaction is the same fee. and looks like this is still not confirm they are all unconfirm except the 2 transaction below..
And i think the owner is playing second trade binary or 1 minute trader..

[Lauda]

Actually this looks like some service hot wallet doing a lot of withdrawal transactions regularly.

We can only speculate. There is no way of knowing what this address represents unless there's a public statement about it somewhere.

The fee is definitively not spammy, 30 cents per transaction (equivalent 1 USD per 1 KB).

I concur.

Every transaction is the same fee. and looks like this is still not confirm they are all unconfirm except the 2 transaction below..

Wrong. Stop making useless posts. Only the most recent transactions are unconfirmed. This is because the fee included is sufficient or even above the recommended one.

And i think the owner is playing second trade binary or 1 minute trader..

Regardless of what they're doing, their paying adequate fees else we would see unconfirmed transactions.

[7788bitcoin]

Hi All!

It seems like Bitcoin network again is attacking by micro tx...

Do you know anything about that?

Have a look on this for example: https://blockchain.info/address/3Pkxf5RscspC2QcWvhCJsrPM8RaBv2qZBi

this is one of many other address' which is doing s**t for network...

Cheers

These transactions do not seems to me like micro tx. Most likely someone testing out his system of receiving and transmitting payment- healthy exercise. Microtrasctions are usually in bits or even satoshis (I am not sure if this is still allowed).

[oldisoft]

Hi All!

It seems like Bitcoin network again is attacking by micro tx...

Do you know anything about that?

Have a look on this for example: https://blockchain.info/address/3Pkxf5RscspC2QcWvhCJsrPM8RaBv2qZBi

this is one of many other address' which is doing s**t for network...

Cheers

These transactions do not seems to me like micro tx. Most likely someone testing out his system of receiving and transmitting payment- healthy exercise. Microtrasctions are usually in bits or even satoshis (I am not sure if this is still allowed).

Well, it could be true, but on that day I expected big problem with tx of my BTC...

[tobacco123]

Although these are not micro-micro transaction, they are still very small. I think someone is trying to flood the mempool. Did a google search on the address and found a hint that it might be related to a scam site call BitcoinDubler....

[Hazir]

Although these are not micro-micro transaction, they are still very small. I think someone is trying to flood the mempool. Did a google search on the address and found a hint that it might be related to a scam site call BitcoinDubler....

So they are sending money to random addresses to promote their 'service' it is not attack but instead form of aggressive promotion and we can call it "blockchain marketing"?

[Kprawn]

Well, they have to attack it one more time before SegWit gets activated...  .... The Big blockers will once again start with the moaning and groaning and we will see a repeat of the previous attacks, where

people rush to social networks to elevate this issue to a level where it was not necessary in the first place. Why people think it is effective to dump loads of money into a bottom less pit, is beyond me. None of

the previous attacks had a significant impact over a long period of time.