Is this laundering stolen coins?

[not.you]

Just curious if anyone has noticed in the blockchain largest transactions list how there is frequently a trail of large transactions going from wallet to wallet happening minutes apart.

http://blockchain.info/largest-recent-transactions

If you look you can usually find a series of transactions where the destination wallet from one large transaction is the source wallet in another transaction a short time later and the same coins get transferred over and over again.  Does this look like someone trying to hide or launder stolen coins to anyone else?  I can't think of why anyone would be doing that for a legit purposes.

At the moment I am posting there is this series for example:

http://blockchain.info/tx/118a3b4e337e867c1a5c011a5ffb1ae181521a9281f340658513e661ba58175b
http://blockchain.info/tx/1f6bf5d668b38a063cb91ece986843603d5dee984f60b60510d48f77c381126c
http://blockchain.info/tx/a458ebfa3e56d0f80bc49ecd2f7b2d7d1a29ac3cc865ea7c53505851a0881410
http://blockchain.info/tx/074bb7470381ecd31b3937bf859687532f2a2b4ecf1aa79a9382cb9e43104d3a
http://blockchain.info/tx/fdf3afb008eef46fe65f38fca44b601268d8dd3641646f70c4224c9a706968ba
http://blockchain.info/tx/8777341792274263223a67ba8c025aa22b9a9e2b50dc9e465a7e8d5dc2871e8b
http://blockchain.info/tx/558ba7521103c6e41d6c2a5d2774eecd91937aeaa3e16d4127aeda62bfd66634
http://blockchain.info/tx/244dcae088475fc9f820efd5afd6af195050bbe0d81a18b1b3b81c9713f0a815
http://blockchain.info/tx/110019390986ac73edf2b65ace4f873780d89cb8908844567cab0f8b1fe548b5

And others just like it but you get the idea.

[Luno]

It's a wasted effort then, as there is no laundering possible in Bitcoin.

[xenigma]

Sometimes people send bitcoins in order to make pretty sounds on http://www.listentobitcoin.com/

The minute you think its more than that, you expose yourself as the conniving one. They're called wallets for a reason... If I choose to move money from my black leather wallet to my blue suede wallet I'm free to do so (and subsequently move it back).

If someone chooses to move coins from one wallet to another, now... all of a sudden because the balance of wallets is public, you're entitled to more information?

---

Edit to add more information: Bitcoin has such a great quantity of available wallet addresses that you can perform transactions and throw away the wallets that you started with.

I pay with my black leather wallet.

I put my coins into my brown leather wallet as the other individual (A) puts their coins in their wallet.

I pay with my blue suede wallet.

I put my coins into my green frogskin wallet as the other individual (B) puts their coins in their wallet.

... repeat ad nauseum.

(This is also a standard feature of some bitcoin wallet programs. What purpose does it serve to always return to the same wallet? Its a concept stuck in the material realm.)

[not.you]

Sometimes people send bitcoins in order to make pretty sounds on http://www.listentobitcoin.com/

The minute you think its more than that, you expose yourself as the conniving one. They're called wallets for a reason... If I choose to move money from my black leather wallet to my blue suede wallet I'm free to do so (and subsequently move it back).

If someone chooses to move coins from one wallet to another, now... all of a sudden because the balance of wallets is public, you're entitled to more information?

If merely asking what other people think about publicly available information offends you then you may be too sensitive for the internet.

[xenigma]

Curiosity is human nature. You colored the transactions as associated with an illegal activity with your choice of both Subject topic and post content.

Would it have been more difficult to inquire for the purpose of curiosity itself? Additionally, I added more information to my previous post.