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Author Topic: Mt Gox wall of withdrawals  (Read 3406 times)
BCEmporium
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June 25, 2011, 05:55:29 PM
 #21

I heard someone say that 80% of BTC did not circulate.

If that recent block had 2.5 million btc in transactions, does that mean that app. 40% of btc where moved, or no?

Assuming those btc aren't the same, being transacted over and over, and that has something to do with MtGox...
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InsanityIsGreat
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June 25, 2011, 06:05:08 PM
 #22

Now is the perfect time to buy right when its at 16$ range  Cool the price is gonna go back up to 20$+ over the weekend and anyone who hasn't bought it where it is now will get stung then.

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June 25, 2011, 06:07:21 PM
 #23

I heard someone say that 80% of BTC did not circulate.

If that recent block had 2.5 million btc in transactions, does that mean that app. 40% of btc where moved, or no?

Eyeballing it, it looks like about 3700 BTC were moved out, if you ignore change going back to the sender. The biggest transaction looks to be about 400 BTC.

I'm assuming that if there is a starting balance of 413.7654398, which transfers to 2.05 and 411.7154398, then the simple 2.05 is the transfer and the one with all the decimal places is the change.
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June 25, 2011, 06:09:20 PM
 #24

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