relative
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June 25, 2011, 04:02:53 PM |
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http://bitcoinmonitor.com/guess what happened shortly after 16:00 what's up with the regular transactions of 46k bitcoins btw?
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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dinzy
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June 25, 2011, 04:06:33 PM |
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I am assuming that they are the Gox BTC being brought back in slowly
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mjsbuddha
Sr. Member
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Activity: 334
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yung lean
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June 25, 2011, 04:07:25 PM |
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FLY YOU FOOLS!  |
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Tasty Champa
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June 25, 2011, 04:10:23 PM |
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what's up with the regular transactions of 46k bitcoins btw?
If that is MtGox, that is smart. |
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MaGNeT
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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 25, 2011, 04:24:41 PM |
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WOW  |
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Tx2000
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June 25, 2011, 04:26:36 PM |
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Sell sell sell!
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relative
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June 25, 2011, 04:26:46 PM |
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total amount doesnt mean anything. if I make 5 transfers from an address that contains 100k total amount is 500k, even though I might have "spent" only 5 BTC.
if you look at it more closely it probably means they payed out about 2000 BTC in that block - from that address.
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InsanityIsGreat
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June 25, 2011, 04:37:47 PM |
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Gabi
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If you want to walk on water, get out of the boat
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June 25, 2011, 04:39:27 PM |
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3 transfers of 45000 bitcoins each just appeared in bitcoin monitor
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BCEmporium
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June 25, 2011, 04:42:08 PM |
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relative
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June 25, 2011, 04:43:26 PM |
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3 transfers of 45000 bitcoins each just appeared in bitcoin monitor
3 people got their 50 BTC each out of the same 45k pot. move the mouse courser over the transaction on bitcoin monitor. |
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andes
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June 25, 2011, 04:48:18 PM |
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In Bitcoin monitor, why does a +/- 45k transaction show up recurrently in the last minutes? Anyone has a clue?
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FlipPro
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June 25, 2011, 04:49:37 PM |
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This is all madness  . |
LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.
PM ME FOR DETAILS
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spruce
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June 25, 2011, 04:55:07 PM |
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Sell sell sell!
Sell what? Everybody just withdrew all their Bitcoins. All that is left in the exchange is Dollars... Per Bitcoinmonitor, at 15:30 UTC (80 minutes ago) the "big wallet" showed a balance of 49,900 BTC. It's been taking consistent hits since then, so I assume it belongs to MtGox. Just now, 16:50 UTC, it showed as 44,386. I assume from the round figure of 50,000 BTC start (nearly) this is not their entire stock of BTC. |
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spruce
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June 25, 2011, 04:56:09 PM |
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duplicate post
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Justsomeforumuser
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Activity: 84
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June 25, 2011, 04:56:18 PM |
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Looks like someone has put up 50k BTC and continuously juggled them around until around 5k were sold and is still pushing them through the system..
But, why? Why not just keep say 5x10k in the 5 biggest exchanges and slowly melt them down if you're cashing out?
Why do they keep showing up as smaller and smaller chunk? Like a BTC iceberg..
Are those blue bubble transactions between BTC clients / wallets or between exchanges and users?
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Ho-Hum.
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fitty
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June 25, 2011, 04:58:15 PM |
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Sell sell sell!
Sell what? Everybody just withdrew all their Bitcoins. All that is left in the exchange is Dollars... Per Bitcoinmonitor, at 15:30 UTC (80 minutes ago) the "big wallet" showed a balance of 49,900 BTC. It's been taking consistent hits since then, so I assume it belongs to MtGox. Just now, 16:50 UTC, it showed as 44,386. I assume from the round figure of 50,000 BTC start (nearly) this is not their entire stock of BTC. Agreed. It looks like MtGox is paying out of that 50k wallet. |
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spruce
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June 25, 2011, 05:06:33 PM |
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Sell sell sell!
Sell what? Everybody just withdrew all their Bitcoins. All that is left in the exchange is Dollars... Per Bitcoinmonitor, at 15:30 UTC (80 minutes ago) the "big wallet" showed a balance of 49,900 BTC. It's been taking consistent hits since then, so I assume it belongs to MtGox. Just now, 16:50 UTC, it showed as 44,386. I assume from the round figure of 50,000 BTC start (nearly) this is not their entire stock of BTC. Agreed. It looks like MtGox is paying out of that 50k wallet. But I just checked my own small withdrawal from Mt Gox and it came from three even smaller accounts, not one. Can anyone explain? |
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Bazil
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June 25, 2011, 05:38:51 PM |
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Well clearly these big transactions are MtGox related somehow
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17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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andes
Jr. Member
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June 25, 2011, 05:43:08 PM |
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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?
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