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Author Topic: 6,072,279.6165 bitcoin transaction HOW THE F... [Solved]  (Read 3360 times)
DavinciJ15 (OP)
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July 28, 2011, 04:51:53 PM
Last edit: July 28, 2011, 05:28:01 PM by DavinciJ15
 #1

I was watching bitcoin monitor there are many many multi million BTC transactions JUST one transaction is HOW is 6,072,279.6165 bitcoins this possible?

No one has a wallet with over 6 million bitcoins so WTF?

http://www.bitcoinmonitor.com/


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The transactions placed in the database where never confirmed as valid but will remain in the DB as an attack on the network.
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July 28, 2011, 04:53:02 PM
 #2

...movement from one wallet to another  Roll Eyes
TheBitMan
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July 28, 2011, 05:05:15 PM
 #3

WOW
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July 28, 2011, 05:11:58 PM
 #4

That's just Laszlo ordering some more pizzas.

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July 28, 2011, 05:12:05 PM
 #5

The transaction has not been confirmed.  Note that this is 87% of all Bitcoins in existence.  This cannot not possibly be legit.  There were a series of a dozen-odd transactions, starting here, roughly doubling the value each time.  Only the first transaction was confirmed.
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July 28, 2011, 05:14:48 PM
 #6

Well, I don't see  any multimillion transactions (and there isn't any on blockexplorer), only some ~ 100k ones repeating. I guess someone is flooding the bitcoin network with transactions Cheesy

Btw, how much can you flood the network? Just generate shitloads of transactions. Would that be effective strategy to slow down the bitcoin network?

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July 28, 2011, 05:15:50 PM
 #7

Well, I don't see  any multimillion transactions (and there isn't any on blockexplorer), only some ~ 100k ones repeating. I guess someone is flooding the bitcoin network with transactions Cheesy

Btw, how much can you flood the network? Just generate shitloads of transactions. Would that be effective strategy to slow down the bitcoin network?

That'd be one expensive DDoS.

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July 28, 2011, 05:16:54 PM
 #8

I have 208 transactions and I'm just one guy who got into Bitcoin just 5 weeks ago.   Is it really surprising that there are millions total?

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July 28, 2011, 05:18:32 PM
 #9

That'd be one expensive DDoS.

Not if you had the BTC and simply sent it to another address you control.
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July 28, 2011, 05:19:06 PM
 #10

I have 208 transactions and I'm just one guy who got into Bitcoin just 5 weeks ago.   Is it really surprising that there are millions total?
We are not talking about millions of transactions, but one of millions of BTC Grin

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DavinciJ15 (OP)
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July 28, 2011, 05:19:40 PM
Last edit: July 28, 2011, 05:36:30 PM by DavinciJ15
 #11

...movement from one wallet to another  Roll Eyes

There are only 7 million bitcoins in existence how can one person have 6 million of them.
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July 28, 2011, 05:20:07 PM
 #12

Could be a hacker. You see here http://blockexplorer.com/address/1FQJpNduNi96UNZ15ZTmDDkuKsbecatgqc

that he could of "tested" the receiving with 0.01 BTC then it went up from there.
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July 28, 2011, 05:20:31 PM
 #13

It's unconfirmed transaction and will stay that way, case closed.

DavinciJ15 (OP)
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July 28, 2011, 05:25:34 PM
 #14

It's unconfirmed transaction and will stay that way, case closed.
It was an unconfirmed transaction that some hacker placed in his DB that could not be confirmed.  PHEW.
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July 28, 2011, 05:30:29 PM
 #15

Did it show up on bitcoinmonitor? Doesn't bitcoinmonitor verify the transactions before showing them?
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July 28, 2011, 05:32:29 PM
 #16

Yep, someone is using a custom client to send bogus transaction details out to the network. This will not be verified and included in the next block. Case closed.
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July 28, 2011, 05:34:31 PM
 #17

-.- i think it was self explanatory. lol
thats why I dont use bitcoinmonitor, the data is useless because of incidents like that, some ass can make attempts at alteration and can try to cheat the system, but its all in vain,
the block chain cannot be fcked up


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SomeoneWeird
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July 28, 2011, 05:36:07 PM
 #18

-.- i think it was self explanatory. lol
thats why I dont use bitcoinmonitor, the data is useless because of incidents like that, some ass can make attempts at alteration and can try to cheat the system, but its all in vain,
the block chain cannot be fcked up

Well, it can be, it will just be rolled back.
DavinciJ15 (OP)
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July 28, 2011, 05:40:01 PM
Last edit: July 28, 2011, 06:32:47 PM by DavinciJ15
 #19

-.- i think it was self explanatory. lol
thats why I dont use bitcoinmonitor, the data is useless because of incidents like that, some ass can make attempts at alteration and can try to cheat the system, but its all in vain,
the block chain cannot be fcked up

Well, it can be, it will just be rolled back.
What's with the DDOS attack that's going that is in the block chain.  That's an expensive attack but it's seems that some one is flipping coins around
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July 28, 2011, 05:45:17 PM
 #20

it won't work, it cannot work...the system is always ahead of such bs


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