What's the deal with block 133233?

[bcforum]

Bunch of 48K+ plus transactions with small amounts (~10) being split off. Is that normal? If I have a large sum in my wallet and I give somebody 10 coins does it go into the block as 50K from key X (mine) ---> 49,990 to key Y (mine) and 10 to key Z (somebody else?)

For reference:
http://blockexplorer.com/block/0000000000000464742a8d6147c4ef3a0d41658f643d624555a1cfa9c80aa0f3

[BitcoinPorn]

[JoelKatz]

It's very weird. The transactions form a chain. My bet is that some automated system controlling 48,000BTC or so doesn't group its transactions. So when they had to make a lot of small payments, they embedded each one as its own transaction. This caused them to waste a lot of money (.1 BTC in this block alone) on transaction fees.

[TiagoTiago]

http://www.seinfeldscripts.com/images/seinfeld1.jpg

Made me lol IRL, thx

[bcforum]

It's very weird. The transactions form a chain. My bet is that some automated system controlling 48,000BTC or so doesn't group its transactions. So when they had to make a lot of small payments, they embedded each one as its own transaction. This caused them to waste a lot of money (.1 BTC in this block alone) on transaction fees.

Yep, I see the pattern now.