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Author Topic: $1.5 Million in BTC?  (Read 621 times)
bticoinquake (OP)
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May 10, 2013, 06:24:57 PM
 #1

I'm still pretty new to bitcoin and was lurking around on Blockchain.info I mosied on over to the recent largest transactions page and found one transaction to 1 address for 14329.90 BTC equal to $ 1,566,258.07 at present rates. My thoughts are someone is putting some very large amounts of fiat currency into BTC. What could this be a large buy, or transfer of btc from an early adopter to a more secure wallet?

http://blockchain.info/address/1FvMVtzxACJejfZvqtiSsTrUCpR2HYveB6

Sorry if this is someone on the forums transaction.
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Welsh
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May 10, 2013, 06:28:51 PM
 #2

Wow, that is a substantial amount.

But, it could just be a exchange transferring from on wallet to another, their cold wallet to their hot or something like that.
I'm not sure, I might go and look for this.
redditgirl
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May 10, 2013, 08:02:13 PM
 #3

I would be scared to send that much in a single transaction.  But I guess you couldn't break it up into very small pieces. I have never had one get lost but still worry.
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May 10, 2013, 08:05:39 PM
 #4

Quote
I would be scared to send that much in a single transaction.

Why? No chance of losing BitCoins by sending.
theskillzdatklls
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May 10, 2013, 10:27:00 PM
 #5

maybe its the government buying all the btc so there wont be any left for anyone else




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May 10, 2013, 10:37:29 PM
 #6

Then tell the government i'll sell him 1 btc for 100 tons of gold. But wait, i have another btc here...

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May 11, 2013, 06:49:45 PM
 #7

http://www.mining.com/mark-zuckerberg-nemeses-winklevoss-twins-own-11-million-in-bitcoin-46492/
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May 13, 2013, 02:19:50 AM
 #8

Oh, why he is so rich? But to make such a transaction, I believe 2 parties must have known each others very well and high trustness. I am newbie to btc too, and dreaming some days that I have some hundreds of btc.
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May 13, 2013, 02:29:49 AM
 #9


Winklevoss sounds like a fifteenth-century Dutch merchant.  Are they anything like their portrayal in "The Social Network"?
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