Bitcoin Forum
June 22, 2024, 08:34:35 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 3322 3323 3324 3325 3326 3327 3328 3329 3330 3331 3332 3333 3334 3335 3336 3337 3338 3339 3340 3341 3342 3343 3344 3345 3346 3347 3348 3349 3350 3351 3352 3353 3354 3355 3356 3357 3358 3359 3360 3361 3362 3363 3364 3365 3366 3367 3368 3369 3370 3371 [3372] 3373 3374 3375 3376 3377 3378 3379 3380 3381 3382 3383 3384 3385 3386 3387 3388 3389 3390 3391 3392 3393 3394 3395 3396 3397 3398 3399 3400 3401 3402 3403 3404 3405 3406 3407 3408 3409 3410 3411 3412 3413 3414 3415 3416 3417 3418 3419 3420 3421 3422 ... 33470 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26404890 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jojo69
Legendary
*
Offline Offline

Activity: 3206
Merit: 4386


diamond-handed zealot


View Profile
December 22, 2013, 01:56:27 AM
 #67421

controls, not owns, he is a funds manager
granathus
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
December 22, 2013, 02:01:17 AM
 #67422

There is a guy called Loaded who owns 200k coins?  Shocked Shocked

Loaded doesn't own them all but he owns at least the 40,000 at this address afaik: https://blockchain.info/address/14j6jLececs66ZQ8ew6vTFNiEn2NupacWJ

A lot are secured and managed by him on behalf of others

Pfft, only 40,000 coins... Thought for a moment he was a heavyweight.  Cheesy
ChartBuddy
Legendary
*
Offline Offline

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 22, 2013, 02:01:55 AM
 #67423

byronbb
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


HODL OR DIE


View Profile
December 22, 2013, 02:06:58 AM
 #67424

Well looks like we are going to see if that wall @ 600 is real........
jojo69
Legendary
*
Offline Offline

Activity: 3206
Merit: 4386


diamond-handed zealot


View Profile
December 22, 2013, 02:25:03 AM
 #67425

that was not exactly what I had in mind
granathus
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
December 22, 2013, 02:26:54 AM
 #67426

Weird timing on that stamp buy.
I_bitcoin
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
December 22, 2013, 02:39:59 AM
 #67427

I still don't get these weekend downward drifts.    If it usually pops up during the week why wouldn't people hold? crazy.
thezerg
Legendary
*
Offline Offline

Activity: 1246
Merit: 1010


View Profile
December 22, 2013, 02:48:42 AM
 #67428

I still don't get these weekend downward drifts.    If it usually pops up during the week why wouldn't people hold? crazy.


because it could pop up less than it fell.  Same reason (but inverse) ppl don't wait for the weekend to buy.
Xiaoxiao
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000

The Golden Rule Rules


View Profile
December 22, 2013, 02:57:06 AM
 #67429


I still don't understand this post. Was it large chunks moved hence 'days destroyed' or was it many small amounts?
Sitarow
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
December 22, 2013, 03:01:36 AM
 #67430


ChartBuddy
Legendary
*
Offline Offline

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 22, 2013, 03:01:53 AM
 #67431

gandhibt
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
December 22, 2013, 03:04:48 AM
 #67432


I still don't understand this post. Was it large chunks moved hence 'days destroyed' or was it many small amounts?

"So a high number of bitcoin days destroyed means that either old coins that haven't moved for a long time are moving, or that someone with a large number of bitcoins are spending them (or both)."
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
December 22, 2013, 03:42:17 AM
 #67433

I thought it was the hours of sleep and socializing that I had lost.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 22, 2013, 03:48:18 AM
 #67434

Something wrong with my browser I am only seeing posts on wall observer at 40 minute intervals. 
Sitarow
Legendary
*
Offline Offline

Activity: 1792
Merit: 1047



View Profile
December 22, 2013, 03:55:56 AM
 #67435

MaxwellsDemon
Full Member
***
Offline Offline

Activity: 187
Merit: 109

Converting information into power since 1867


View Profile
December 22, 2013, 04:01:07 AM
 #67436


I still don't understand this post. Was it large chunks moved hence 'days destroyed' or was it many small amounts?

"So a high number of bitcoin days destroyed means that either old coins that haven't moved for a long time are moving, or that someone with a large number of bitcoins are spending them (or both)."

In this case you can actually tell that it's old coins.
The total output volume yesterday was about 1 million BTC, which is below the recent average. The days destroyed were about 134 million, which is WAY above average. Therefore you can assume that most of the coins transacted were "regular" young coins, but some of them were very very old.

To back this up, blockchain.info has a feature that filters days destoryed by coin age. If you filter with a minimum of 1 year, those transactions account for 131 million out of 134 million total days destroyed yesterday. Since most of the coins moved on an average day are just a few days old, this further suggests that a significant amount of coins more than 1 year old were moved.

Assuming no more than 100,000 old coins are involved (probably much less), they would have to be at least 3.5 years old. So it seems likely that a very big miner from 2009/2010 just moved a lot of coins for the first time since mining them.
ChartBuddy
Legendary
*
Offline Offline

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 22, 2013, 04:01:55 AM
 #67437

seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
December 22, 2013, 04:50:49 AM
 #67438

Goat back when he was poor bastard...

DaRude
Legendary
*
Offline Offline

Activity: 2833
Merit: 1851


In order to dump coins one must have coins


View Profile
December 22, 2013, 04:51:15 AM
 #67439

Goat back when he was poor bastard...



His first lambo  Grin
seleme
Legendary
*
Offline Offline

Activity: 2772
Merit: 1028


Duelbits.com


View Profile WWW
December 22, 2013, 04:55:27 AM
 #67440

Goat back when he was poor bastard...



His first lambo  Grin

But this made him rich  Grin

Pages: « 1 ... 3322 3323 3324 3325 3326 3327 3328 3329 3330 3331 3332 3333 3334 3335 3336 3337 3338 3339 3340 3341 3342 3343 3344 3345 3346 3347 3348 3349 3350 3351 3352 3353 3354 3355 3356 3357 3358 3359 3360 3361 3362 3363 3364 3365 3366 3367 3368 3369 3370 3371 [3372] 3373 3374 3375 3376 3377 3378 3379 3380 3381 3382 3383 3384 3385 3386 3387 3388 3389 3390 3391 3392 3393 3394 3395 3396 3397 3398 3399 3400 3401 3402 3403 3404 3405 3406 3407 3408 3409 3410 3411 3412 3413 3414 3415 3416 3417 3418 3419 3420 3421 3422 ... 33470 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!