KNC moved all of their 9000+ BTC Today

[lyth0s]

Another 750 BTC sold on 6/3/15: https://blockchain.info/tx/d7f41d402f9094be67318d68079dfd53efa3e6475c1560550970e80081acf2e9

And here is the remainder of their coins: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ

So far no sells on 6/4 and 6/5.

[Cconvert2G36]

Selling without a direct intent to push the market lower to benefit leveraged shorts... how refreshing.

[FNG]

Moving funds to ETN

ETN http://www.xbtprovider.com/lang_en

[Amph]

Another 750 BTC sold on 6/3/15: https://blockchain.info/tx/d7f41d402f9094be67318d68079dfd53efa3e6475c1560550970e80081acf2e9

And here is the remainder of their coins: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ

So far no sells on 6/4 and 6/5.

well i was right they are selling in chunk of 10% of the total amount, to minimize the impact on the market

[lyth0s]

Another 750 BTC sold on 6/3/15: https://blockchain.info/tx/d7f41d402f9094be67318d68079dfd53efa3e6475c1560550970e80081acf2e9

And here is the remainder of their coins: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ

So far no sells on 6/4 and 6/5.

well i was right they are selling in chunk of 10% of the total amount, to minimize the impact on the market

Yeah they are making it really easy to absorb.

[dmwardjr]

16nm chips.  We (the network) is up to 373 PH/s  the highest previous was 353 PH/s

http://www.coinspeaker.com/2015/06/05/kncminer-unveils-environmentally-friendly-16nm-bitcoin-mining-chips-9716/

[Stargazer]

I don't see why this is such a big deal, it's just coins changing hands and since the coins are owned by one company there's really nothing to worry about, unless you're a KNC shareholder of course.
They are probably shutting down and can you blame them? Mining is not the best investment at the moment.

[xarca]

Well I guess they don't like the idea of HODLing anymore. True that mining is not the best investment as of now and the wisest thing to do with those BTC is either

Invest in an offline business
Trading

[Febo]

Another 750 BTC sold on 6/3/15: https://blockchain.info/tx/d7f41d402f9094be67318d68079dfd53efa3e6475c1560550970e80081acf2e9

And here is the remainder of their coins: https://blockchain.info/address/1A3BnSMaabgpJeX5qYsY4FExaWKeT2ZnqZ

So far no sells on 6/4 and 6/5.

It seems they notice you caught them.

Probably they have some lowest price limit. They will wait that price raise a bit.

Generally people will always ell and buy. From different reasons and every day passes less impact with those buys and sells have on the Bitcoin price.

[S4VV4S]

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

[SebastianJu]

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

[Sakarias-Corporation]

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

i got a Double spend once. Locked all my funds for 84 Hours. Worst shit ever

[SebastianJu]

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

i got a Double spend once. Locked all my funds for 84 Hours. Worst shit ever

Who locked it? Double spend only means you send two different transactions for the same coins. Normally only one transaction should win and being implemented in the blockchain. Who locked your account then? An exchanged?

And what should the warning above mean? Are double spent coins on the way through the normal blockchain?

[noobtrader]

mining orphan block can also show this warning "Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

i got a Double spend once. Locked all my funds for 84 Hours. Worst shit ever

Who locked it? Double spend only means you send two different transactions for the same coins. Normally only one transaction should win and being implemented in the blockchain. Who locked your account then? An exchanged?

And what should the warning above mean? Are double spent coins on the way through the normal blockchain?

[SebastianJu]

I still dont get it. Is it a danger to ones coins? How can a bitcoin address contain double spends? Things like that should not happen or at least be solved.

Im wondering if i missed a danger yet.

mining orphan block can also show this warning "Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

i got a Double spend once. Locked all my funds for 84 Hours. Worst shit ever

Who locked it? Double spend only means you send two different transactions for the same coins. Normally only one transaction should win and being implemented in the blockchain. Who locked your account then? An exchanged?

And what should the warning above mean? Are double spent coins on the way through the normal blockchain?

[bri912678]

I had that warning when I sent Bitcoins from an exchange address to a different exchange's address. It was while I was waiting for it to be confirmed. The problem might have been with blockchain.info or whoever mined the relevant block. My Bitcoins got through OK in the end though.

I still dont get it. Is it a danger to ones coins? How can a bitcoin address contain double spends? Things like that should not happen or at least be solved.

Im wondering if i missed a danger yet.

....

[Sakarias-Corporation]

It's funny how 7 out of 12 addresses on that transaction carry the tag:
"Warning! this bitcoin address contains transactions which may be double spends. You should be extremely careful when trusting any transactions to or from this address."
https://blockchain.info/tx/ebd11842f64bba3811012ad5db6c203324a54ede4236e5aa1e04b03c40496558

I am guessing it must be very tempting having that much hashing power in your hands.
 

Arent doublespends automatically solved? Or does one have to check for these things too when receiving a transaction?

Till now i thought one transaction wins, and thats it.

i got a Double spend once. Locked all my funds for 84 Hours. Worst shit ever

Who locked it? Double spend only means you send two different transactions for the same coins. Normally only one transaction should win and being implemented in the blockchain. Who locked your account then? An exchanged?

And what should the warning above mean? Are double spent coins on the way through the normal blockchain?

i used Blockchain.info for some API testing. i'm not quite sure what happened, but i sent some coins, got some coins and it got double spent. and just couldn't move a single satoshi for a week after that, until the double spend resolved itself somehow

[bassclef]

not sure if its for their sell off, or for their exchange they launched?

https://bitcointalk.org/index.php?topic=1064294.0 is that them as well?

It's a sell off. Read the entire thread.

The market did the exact opposite, for the record.

People, it's pointless to watch people move coins around on the blockchain to make buying and selling decisions. It's even more pointless to listen to advice from people who may or may not have ulterior motives when posting. Listen to what the market says about itself, not what others say about the market.

[JerryCurlzzz]

not sure if its for their sell off, or for their exchange they launched?

https://bitcointalk.org/index.php?topic=1064294.0 is that them as well?

It's a sell off. Read the entire thread.

The market did the exact opposite, for the record.

People, it's pointless to watch people move coins around on the blockchain to make buying and selling decisions. It's even more pointless to listen to advice from people who may or may not have ulterior motives when posting. Listen to what the market says about itself, not what others say about the market.

Good points. People can bag on technical analysis all they want -- but basing buying/selling decisions on blockchain analysis -- days destroyed, perceived "whale" movements -- that's simply insane. I stick to price action.

[the_reprobate]

not sure if its for their sell off, or for their exchange they launched?

https://bitcointalk.org/index.php?topic=1064294.0 is that them as well?

It's a sell off. Read the entire thread.

The market did the exact opposite, for the record.

People, it's pointless to watch people move coins around on the blockchain to make buying and selling decisions. It's even more pointless to listen to advice from people who may or may not have ulterior motives when posting. Listen to what the market says about itself, not what others say about the market.

Finally I've seen a good advice for the newbies and for future traders.