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imperi
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June 17, 2011, 03:20:35 AM |
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I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges. See: http://www.bitcoinwatch.com - Bitcoins sent last 24 hours http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird. Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address. The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved? Counterfeiting!!!! SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!! This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything. Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man... Someone has no sense of humor whatsoever. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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RomertL
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June 17, 2011, 03:30:00 AM |
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I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges. See: http://www.bitcoinwatch.com - Bitcoins sent last 24 hours http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird. Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address. The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved? Counterfeiting!!!! SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!! This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything. Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man... Someone has no sense of humor whatsoever. Hehe well sometimes not easy to tell who's serious, you hear some pretty crazy stuff in this forum... |
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samr7
Full Member
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Activity: 140
Merit: 430
Firstbits: 1samr7
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June 17, 2011, 03:48:43 AM |
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Whether the large remainder is being moved to a different wallet or not is semantics I think.
+1, agreed! Since we can't tell whether the BTC were transferred between addresses belonging to different wallets, the metric of BTC transferred per day is almost useless, certainly less useful than a transaction count metric. |
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coinonymous
Newbie
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Activity: 32
Merit: 0
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June 17, 2011, 03:50:09 AM |
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Its really sad when uninformed people abuse the word manipulation because they don't understand some basic fundamentals about a market (any market).
Please, teach us what these "basic fundamentals" are as relates to the BTC market... ...please, do. (waving hand) O O O I know this!!!! mememememe ("yes, coinonymous?") Supply and demand? |
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mellowhead
Member
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Activity: 98
Merit: 10
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June 17, 2011, 04:31:39 AM |
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I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges. See: http://www.bitcoinwatch.com - Bitcoins sent last 24 hours http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird. Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address. The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved? Counterfeiting!!!! SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!! This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything. Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man... imperi was making a joke, dude. |
11 Cheers for binary currency!
1BxQsmtVtzJD9uEe5MxcyqFaohpgb76ohs
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RomertL
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June 17, 2011, 05:10:46 AM |
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I'm more concerned about the 9.3M BTC sent in the last 24 hours. That's 140% of the entire BTC economy, sent in less than 24 hours and not through exchanges. See: http://www.bitcoinwatch.com - Bitcoins sent last 24 hours http://blockexplorer.com/ - Largest transactions (last 300 blocks) - Look at all these largest transactions - it's the exact same money being moved from address to address over and over again. Very weird. Perhaps this is just someone with an account where most of the balance was received in a single transaction. It starts out receiving 50,000 BTC in one transaction in block 93863, and sends 50 BTC at a time to other addresses. When there is a single input transaction that's being drawn from that is larger than the output, the balance of the input transaction appears to be sent to a newly generated address. The fact that the balance of the big transaction also looks like it's being moved around is technical smoke and mirrors. Or maybe it really is being moved? Counterfeiting!!!! SELL!!!!!!!111!!!!1 SELL!1!!!!! SELL!!!111!1!!! This. The market will plummet from the manipulation and possible counterfeiting. It's likely that someone cracked SHA-2, possibly with a quantum computer. Prices will plunge to $5/BTC by noon Saturday (EST). Sell. Everything. Really, it's kind of provocative that thees trolls think we're so easy manipulated. Were they trolls from the beginning or somebody hacked their accounts? As we know, bitcoins are almost impossible to counterfeit, and quantum computer will not be commercial for at least a decade. Weak man... imperi was making a joke, dude. well yea kind of acted out of reflex after last weeks troll-invasion ... |
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charliesheen
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June 17, 2011, 08:07:39 AM |
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According to my records someone opened $1.9 million in buy orders for about 2 minutes at Thu, 16 Jun 2011 01:31:02 GMT  moments earlier stats looked like  |
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ElectricMonk
Newbie
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Activity: 52
Merit: 0
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June 17, 2011, 08:16:45 AM |
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It's not going up because it still is overpriced after the huge rise. Probably it will go down again soon, don't worry. I don't feel sorry for all people who saw Bruce Wagners "foot of a hockey stick" chart and believed they will get immensly rich in two weeks. You are suckers. Beware of men carrying hockey stick graphs. |
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Grant
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June 17, 2011, 08:20:19 AM |
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Isn't that the same chart that the IPCC used as undeniable proof that global warming (anthropogenic)was caused by man  OMG global warming is a bubble. SELL |
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Nescio
Jr. Member
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Activity: 56
Merit: 1
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June 17, 2011, 09:16:39 AM |
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Isn't that the same chart that the IPCC used as undeniable proof that global warming (anthropogenic)was caused by man OMG global warming is a bubble. SELL Psst! The next solar cycle is said to be minimal, it's time to buy! http://www.networkworld.com/community/blog/big-drop-solar-activity-could-mean-much-cooleCan whoever is jobbing the market please drop the rate to below $4 so I can buy in, kthx. |
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charliesheen
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June 17, 2011, 09:20:33 AM |
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(insert joke about enron here) |
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Gregers
Newbie
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Activity: 24
Merit: 0
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June 17, 2011, 10:34:43 AM |
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Well, I'm out for now. Someone else can play with my coins until the dust settles. Maybe I'll get back into it when it's more stable and less of a hassle to deal with. God speed to the lucky buyer.
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shady financier
Member
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Activity: 84
Merit: 10
etcetera
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June 17, 2011, 10:54:23 AM |
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1G8AUgSTAw8hfatNnDHuYEqBAUzC3qvAAL Bitcoin news: http://thebitcoinsun.com/Rapidlybuybitcoin here.The value of goods, expressed in money, is called “price”, while the value of money, expressed in goods, is called “value”. C. Quigley |
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piuk
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June 17, 2011, 11:11:52 AM |
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shady financier
Member
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Activity: 84
Merit: 10
etcetera
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June 17, 2011, 11:36:30 AM |
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lol  That's the difference among early adopters; some are keepers, some are regretters. |
1G8AUgSTAw8hfatNnDHuYEqBAUzC3qvAAL Bitcoin news: http://thebitcoinsun.com/Rapidlybuybitcoin here.The value of goods, expressed in money, is called “price”, while the value of money, expressed in goods, is called “value”. C. Quigley |
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Swishercutter
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June 17, 2011, 11:50:28 AM |
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Second that...still kicking myself for not having any money in my account last weekend for what should have been a big buy in at $10 just to make 2.5x the money back by selling @$25 12hrs later...am I wrong for thinking that volatility is good for currency trading...some would dream of that kind of movement in the markets so they could leverage a few million dollars. |
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LehmanSister
Member
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Activity: 68
Merit: 10
High Desert Dweller-Where Space and Time Meet $
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June 17, 2011, 11:54:46 AM |
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ISO: small island nations with large native populations excited to pay tribute to flying gods, will trade BTC.
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shady financier
Member
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Activity: 84
Merit: 10
etcetera
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June 17, 2011, 11:58:21 AM |
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1G8AUgSTAw8hfatNnDHuYEqBAUzC3qvAAL Bitcoin news: http://thebitcoinsun.com/Rapidlybuybitcoin here.The value of goods, expressed in money, is called “price”, while the value of money, expressed in goods, is called “value”. C. Quigley |
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LehmanSister
Member
Offline
Activity: 68
Merit: 10
High Desert Dweller-Where Space and Time Meet $
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June 17, 2011, 12:01:46 PM |
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tl;dr.
Word. Brute force wins again, the subject of the paper. |
ISO: small island nations with large native populations excited to pay tribute to flying gods, will trade BTC.
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