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Author Topic: 69,000 Bitcoin Transaction?  (Read 3778 times)
bbit (OP)
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April 11, 2013, 02:29:19 AM
 #1

Is this the largest to date?

http://blockchain.info/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

$11,000,000 transaction? lol


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April 11, 2013, 02:48:04 AM
 #2

Wonder if BFL is unloading as they prepare to head for the hills.


 
 
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April 11, 2013, 02:55:33 AM
 #3

Wonder if BFL is unloading as they prepare to head for the hills.

I think you might be right.


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April 11, 2013, 03:09:29 AM
 #4

From the latest press release from MtGox about their new servers...they may have moved wallets.

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April 11, 2013, 03:11:31 AM
 #5

From the latest press release from MtGox about their new servers...they may have moved wallets.

Are you saying the 69,000 wasn't a sale, just moving bitcoins around?


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April 11, 2013, 03:16:17 AM
 #6

That sounds possible.

Either that or someone bought an aircraft carrier on Silkroad/BRM.

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April 11, 2013, 03:19:15 AM
 #7

From the latest press release from MtGox about their new servers...they may have moved wallets.

Are you saying the 69,000 wasn't a sale, just moving bitcoins around?

Yep, entirely possible that they had a cold storage server that is being replaced so they transferred to a new cold storage server.

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April 11, 2013, 04:11:30 AM
 #8

Can you imagine executing a transaction like that? What if someone is just copy/pasting an address? What if they had the wrong address in the clipboard/memory/whatever?

Someday someone's going to "fat-finger" a 5- or 6-figure btc transaction. I think I'd always do those in multiple transactions <5000 BTC at a time...

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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April 11, 2013, 04:59:51 AM
 #9

Definitely a Silk Road wallet.



Most of that BTC came from http://blockchain.info/fb/1bbqjk
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April 11, 2013, 05:21:34 AM
 #10

Definitely a Silk Road wallet.



Most of that BTC came from http://blockchain.info/fb/1bbqjk

Aircraft carrier and lifetime supply of narcotics.

I just wish I owned the mixer site, 1.2% of that would be nice. Smiley

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April 11, 2013, 10:11:36 AM
 #11

From the latest press release from MtGox about their new servers...they may have moved wallets.

Are you saying the 69,000 wasn't a sale, just moving bitcoins around?
I thought that too, then I thought about the aircraft carrier thing too.
wouldn't either transaction kind of fuck up the economy?
all the guys watching Listen To Bitcoin and see this ginormous bubble and panic sell!
and why would they store that much in one wallet? how much Btc does Mtgox hold?
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April 11, 2013, 11:32:59 PM
 #12

found it! http://www.smh.com.au/money/investing/zuckerbergs-nemeses-revealed-as-bitcoin-moguls-20130412-2hp5h.html

Quote
The Winklevii — as they are popularly known — say they own nearly 1 per cent of that, or some $US11 million.
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April 11, 2013, 11:41:13 PM
 #13

No one sold any coins, they are all still in that wallet still and it was merely the merger of two preexisting huge wallets (like the 7th and 20th largest to create the 3rd largest).  Examining the inflows from the earlier wallets seems to indicate merchant transactions (small and variable in size) rather then mining activity so either Gox or SR most likely.  But oddly the two early wallets only date back to mid 2012 which seems young for those two, so maybe someone newer like Satoshi-Dice.

 
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April 11, 2013, 11:46:17 PM
 #14

found it! http://www.smh.com.au/money/investing/zuckerbergs-nemeses-revealed-as-bitcoin-moguls-20130412-2hp5h.html

Quote
The Winklevii — as they are popularly known — say they own nearly 1 per cent of that, or some $US11 million.

11M, could be plausible :p

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April 12, 2013, 12:05:18 AM
 #15

Can you imagine executing a transaction like that? What if someone is just copy/pasting an address? What if they had the wrong address in the clipboard/memory/whatever?

Someday someone's going to "fat-finger" a 5- or 6-figure btc transaction. I think I'd always do those in multiple transactions <5000 BTC at a time...

i'm sure it's happened with the BTC amount, but i think
you need more than 1 mistyped character of an BTC address to fudge a transfer. correct me if i'm wrong?
deepceleron
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April 12, 2013, 12:06:08 AM
 #16

442000 BTC previously moved at once by MtGox:

http://blockexplorer.com/tx/3a1b9e330d32fef1ee42f8e86420d2be978bbe0dc5862f17da9027cf9e11f8c4
pretendo
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April 12, 2013, 12:07:59 AM
 #17

There aren't 11 million buyers
Melbustus
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April 12, 2013, 12:10:57 AM
 #18

Can you imagine executing a transaction like that? What if someone is just copy/pasting an address? What if they had the wrong address in the clipboard/memory/whatever?

Someday someone's going to "fat-finger" a 5- or 6-figure btc transaction. I think I'd always do those in multiple transactions <5000 BTC at a time...

i'm sure it's happened with the BTC amount, but i think
you need more than 1 mistyped character of an BTC address to fudge a transfer. correct me if i'm wrong?


Yeah, I'm saying wrong address in the clipboard, bad copy/paste....something like that.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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April 12, 2013, 12:11:50 AM
 #19

Can you imagine executing a transaction like that? What if someone is just copy/pasting an address? What if they had the wrong address in the clipboard/memory/whatever?

Someday someone's going to "fat-finger" a 5- or 6-figure btc transaction. I think I'd always do those in multiple transactions <5000 BTC at a time...

i'm sure it's happened with the BTC amount, but i think
you need more than 1 mistyped character of an BTC address to fudge a transfer. correct me if i'm wrong?


Yeah, I'm saying wrong address in the clipboard, bad copy/paste....something like that.



Actually, there's a virus attack vector right there. Just always overwrite the clipboard with the attacker's address.

Always triple check your addresses!

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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April 12, 2013, 12:14:34 AM
 #20

Can you imagine executing a transaction like that? What if someone is just copy/pasting an address? What if they had the wrong address in the clipboard/memory/whatever?

Someday someone's going to "fat-finger" a 5- or 6-figure btc transaction. I think I'd always do those in multiple transactions <5000 BTC at a time...

i'm sure it's happened with the BTC amount, but i think
you need more than 1 mistyped character of an BTC address to fudge a transfer. correct me if i'm wrong?


Yeah, I'm saying wrong address in the clipboard, bad copy/paste....something like that.



Actually, there's a virus attack vector right there. Just always overwrite the clipboard with the attacker's address.

Always triple check your addresses!


Agree... I've always wondered why we haven't heard more of that happening yet. I always check, even when copy/pasting.
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