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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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DarkKnightNomeD
Newbie
 Offline
Activity: 56
Merit: 0
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June 11, 2011, 03:30:17 PM |
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mtgox?
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Convery
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June 11, 2011, 03:37:23 PM |
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Ye, probably some pool/exchange moving BTC.. if it would be stolen then it probably wouldn't be moved in 50BTC transactions..
Also one transaction for 5450 =P
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urtur
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June 11, 2011, 03:38:22 PM |
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I'd bet internal deepbit movement.
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error
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June 11, 2011, 03:38:27 PM |
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I think you've found our mystery seller from mtgox this morning. Most of those are VERY old generated blocks.
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3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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Mike 71 (OP)
Newbie
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Activity: 46
Merit: 0
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June 11, 2011, 03:44:40 PM |
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Yes your right, produced in 2009. Must have been 'good old times'  |
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yyduinihao0
Newbie
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Activity: 42
Merit: 0
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June 11, 2011, 06:19:39 PM |
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Interesting to know.
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qarl
Newbie
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Activity: 8
Merit: 0
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June 11, 2011, 06:50:17 PM |
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I think you've found our mystery seller from mtgox this morning. Most of those are VERY old generated blocks.
what makes you think that's some kind of sale? it looks like someone's aggregating their funds into a single account - and the most likely explanation for that is a transfer to an exchange. (or just bookkeeping - but the client makes this sort of bookkeeping unnecessary.) |
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spectacular
Newbie
Offline
Activity: 4
Merit: 0
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June 11, 2011, 07:05:46 PM |
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I'm new to the game but many accounts to one means someone at least has tons of machines they control where they can aggregate funds.
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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June 11, 2011, 07:07:31 PM |
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I think you've found our mystery seller from mtgox this morning. Most of those are VERY old generated blocks.
what makes you think that's some kind of sale? Look at MtGox trade data a bit after 12PM UTC today and prepare to be amazed... Someone cashed out nearly a quarter million USD. |
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bcpokey
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June 11, 2011, 07:28:46 PM |
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I think you guys are focusing on the wrong thing. There was 17000 BTC moved in one transaction, and that jackass paid a transaction fee of .29 bitcoins. What a jerk.
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lemonginger
Full Member
Offline
Activity: 210
Merit: 100
firstbits: 121vnq
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June 11, 2011, 07:37:21 PM |
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I think you guys are focusing on the wrong thing. There was 17000 BTC moved in one transaction, and that jackass paid a transaction fee of .29 bitcoins. What a jerk.
heh. |
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aceman1011
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June 11, 2011, 08:20:08 PM |
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Now we know where all the stolen btc. From MtGox went...
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Rent my 800 + mh/s rig. PM me!
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aahzmundus
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June 11, 2011, 09:29:13 PM |
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doesn't each generated block go to a new address? IE this is someone who had old bitcoins and was like ... oh, i have 250thousand from that silly program I ran years ago... that's nice! and cashed out?
The reason bitcoin is so valued right now is because of these coins that are not in circulation. It's a good thing that these old coins are getting back into the mix, it makes the currency more stable the more spread out the coins are. We have to get this sort of thing out of our system...
Imagine what would happen if some of the people with 100k+ cashed out!
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Burt
Member
Offline
Activity: 69
Merit: 10
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June 11, 2011, 09:36:33 PM |
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doesn't each generated block go to a new address? IE this is someone who had old bitcoins and was like ... oh, i have 250thousand from that silly program I ran years ago... that's nice! and cashed out?
The reason bitcoin is so valued right now is because of these coins that are not in circulation. It's a good thing that these old coins are getting back into the mix, it makes the currency more stable the more spread out the coins are. We have to get this sort of thing out of our system...
Imagine what would happen if some of the people with 100k+ cashed out!
http://blockexplorer.com/tx/16b292ac07ccde99b022812ff7ad260376b11c6adf7f79f725cea64933d294f8 |
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JoeNZ
Newbie
Offline
Activity: 1
Merit: 0
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June 11, 2011, 11:45:24 PM |
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LulzSec did it.
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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June 11, 2011, 11:47:46 PM |
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LulzSec would claim they killed the pope if he dies tonight just to get some fanbois to go like this -->  <--  |
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error
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June 12, 2011, 05:31:25 AM |
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I think you've found our mystery seller from mtgox this morning. Most of those are VERY old generated blocks.
what makes you think that's some kind of sale? it looks like someone's aggregating their funds into a single account - and the most likely explanation for that is a transfer to an exchange. (or just bookkeeping - but the client makes this sort of bookkeeping unnecessary.) Because someone dumped about 17,000 BTC on mtgox about 30 minutes after this transaction, driving the price down from 20 to 13. Didn't you hear about it? |
3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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casascius
Mike Caldwell
VIP
Legendary
Offline
Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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June 12, 2011, 05:46:16 AM |
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I think you've found our mystery seller from mtgox this morning. Most of those are VERY old generated blocks.
what makes you think that's some kind of sale? it looks like someone's aggregating their funds into a single account - and the most likely explanation for that is a transfer to an exchange. (or just bookkeeping - but the client makes this sort of bookkeeping unnecessary.) Because someone dumped about 17,000 BTC on mtgox about 30 minutes after this transaction, driving the price down from 20 to 13. Didn't you hear about it? That "single account" may very well have been a receiving address provided by MtGox. If so, those BTC will sit there up until the point MtGox uses that transaction to pay off a future withdrawal. |
Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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June 12, 2011, 09:24:29 AM |
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That "single account" may very well have been a receiving address provided by MtGox. If so, those BTC will sit there up until the point MtGox uses that transaction to pay off a future withdrawal.
Hardly, did you even look at it on blockexplorer? These BTC were mined! Some as early as 2009... |
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