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News: Voting for pizza day contest
 
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Author Topic: Blocks 286,287,288  (Read 711 times)
iglasses (OP)
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December 20, 2015, 04:07:02 AM
 #1

76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!


I only have a signature because I'm allowed.
j_nathan
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December 26, 2015, 08:29:31 PM
 #2

76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



Being a noob myself I too noticed pretty frequent transactions last night between 100-300k USD, but wasn't sure how normal that is

Impressive none the less and goes to show thecmomentum is just beginning with BTC, allowing human beings to un-bank for the 1st time in a very long time but still operate normally (not live in the woods)

Looking forward to put more serious moneys into BTC soon
$460 a coin may seem like a lot but really the current market cap is still quite relatively low

thejaytiesto
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December 26, 2015, 11:12:29 PM
 #3

76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



It's either someone running an "attack/stress test" or an increment in usage because of:

1) Chinese capital controls
2) People cashing out to buy Christmas presents all over the world.
3) A mix other random reasons
Abiky
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December 26, 2015, 11:29:05 PM
 #4

76k
79k
109k

Is someone stress testing the network?  Seems like a lot of BTC flying around!



This looks like a very positive trend. It could either be a huge investor (like Bill Gates or some millionaire) or probably the Chinese as they usually are the ones that drive the price up (according to what I have seen) Expect this to happen more once Bitcoin gets the attention it deserves and it is accepted as a mainstream currency.  Smiley

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NorrisK
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December 27, 2015, 08:58:27 AM
 #5

The value of the transactions has hardly anything to do with stress testing the network.
The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much.
anthonycamp
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December 27, 2015, 09:03:43 AM
 #6

The value of the transactions has hardly anything to do with stress testing the network.
The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much.

well the number its a bit high too but since the trasactions envolv more gathered btcs theres no big number and no much stress and besides this always for a newibe like me never stresed me out the trasactions take just 30 mins and the net aways repaies
hexitor
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December 27, 2015, 09:05:30 AM
 #7

That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already.

nickhiggins123
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December 27, 2015, 12:52:06 PM
 #8

That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already.

I do believe this instance was an anomaly, not actually a set price for something such as Pizza Hut... Lol.
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