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Author Topic: 194,993 BTC transaction  (Read 14613 times)
Zibbo
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November 22, 2013, 09:43:23 PM
 #61

Artforz finally cashing out? Smiley
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November 22, 2013, 09:51:24 PM
 #62

Will someone test what is the real market cap?
9,294,822,550 USD
http://bitcoinwatch.com/

You must be an absolute fool to believe that 9.2 billion USD actually flowed into Bitcoin.

Market cap does not mean the amount of money that flowed into a stock. It is a simple metric, number of outstanding shares times the price.
Perhaps think before name calling.

Some seem to believe it does. Obviously Ekaros hinted at that by mentioning 'real market cap'. Bitcoin has not enough liquidity to live up to that number of 9 Billion, not even close. That number by 50 is what you could get out if you wanted, maybe.

I'm not sure I follow you. If we look at the order book, there is a pretty solid number that we know (how many buyers below, sellers above - though manipulated). There are also orders not on the orderbook - and perhaps they dwarf it.

Well, anyway, with all that BTC represents, perhaps it is fair to say that it deserves a HUGE market cap. We have a stock (in the network), asset, currency, protocol, development platform, commodity, etc. all in one. And, it is in the financial sector during a time of crisis. We have a new entity and by all measure, it certainly seems to be moving up in an S-Curve fashion.

I would not be shocked in 5 years to see the "market cap" at 1 Trillion USD. But likewise, I would not be shocked (just saddened if the mission was not accomplished or set in motion) if it was lower than now.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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November 22, 2013, 09:51:36 PM
 #63

Will someone test what is the real market cap?
9,294,822,550 USD
http://bitcoinwatch.com/

You must be an absolute fool to believe that 9.2 billion USD actually flowed into Bitcoin.

Market cap does not mean the amount of money that flowed into a stock. It is a simple metric, number of outstanding shares times the price.
Perhaps think before name calling.

Some seem to believe it does. Obviously Ekaros hinted at that by mentioning 'real market cap'. Bitcoin has not enough liquidity to live up to that number of 9 Billion, not even close. That number by 50 is what you could get out if you wanted, maybe.

That is the real market cap, there is no estimated market cap.

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November 22, 2013, 09:52:03 PM
 #64

I wonder why everyone is just writing bunch of random names of random people that allegedly have a big amount of coins.
Wouldn't it be more likely that Satoshi is moving some of his coins around?


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pontiacg5
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November 22, 2013, 09:59:21 PM
 #65

I wonder why everyone is just writing bunch of random names of random people that allegedly have a big amount of coins.
Wouldn't it be more likely that Satoshi is moving some of his coins around?

Why do you do what you do?

Sorry  Grin

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November 22, 2013, 10:02:26 PM
 #66

please distribute these coins ASAP poeple need them

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November 22, 2013, 10:16:12 PM
 #67

Maybe it's Hal. I'd like to escrow that kind of transaction. My  fee is only 1% and can probably be lowered or fixed.

Escrow Service (Services) - GPG ID: 32AD7565, OTC ID: Dabs
All messages concerning escrow or with bitcoin addresses are GPG signed. Please verify.
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Lauda
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November 22, 2013, 10:20:04 PM
 #68

please distribute these coins ASAP poeple need them
I doubt that the person will share to the poeple.


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thehashman
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November 22, 2013, 11:27:32 PM
 #69

Quote
I'd buy a paper wallet if it held that many BTC.

Where is the best place to obtain a paper wallet?
Kluge
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November 22, 2013, 11:28:43 PM
 #70

Quote
I'd buy a paper wallet if it held that many BTC.

Where is the best place to obtain a paper wallet?
Your printer, generally.

Don't mix your coins someone said isn't legal
adamstgBit
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November 22, 2013, 11:35:37 PM
 #71

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I'd buy a paper wallet if it held that many BTC.

Where is the best place to obtain a paper wallet?

https://www.bitaddress.org/

Mondy
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November 22, 2013, 11:36:55 PM
 #72

Holy bitcoin! id be happy with 0.01% oh that :O

WillBit
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November 23, 2013, 12:21:04 AM
 #73

Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?

CAT: 9XHGzwupVVLfz2Vm2boLJZx2rcVDdgRyK7
wmcleod
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November 23, 2013, 12:23:16 AM
 #74

Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?
[/quote

Most likely this person does have alternate wallets...
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November 23, 2013, 12:25:04 AM
 #75

please distribute these coins ASAP poeple need them

Yeah I could use some! Black friday is 'round the corner.

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November 23, 2013, 12:33:16 AM
 #76

Seems reckless to keep that many coins in one wallet.  Why not break it up into 10 wallets with 20,000 bitcoins each?

Seems foolish if they really are moving them to cash out.  Why not wait a couple years until bitcoins are $5,000+ and become one the world's first Bitcoin Billionaires?

They are splitting them up.

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November 23, 2013, 12:39:52 AM
 #77

Need more rich trolls.

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1KeypNjAQ96uKdxGYBEvzHYB8UpoeyaYdn

Vanity address riddles costing many, many weeks of peoples' time in subsequent transactions. Eventually, it leads to a hosted, encrypted archive (password and URL found by solving all the riddles) with a .txt in it - "lol jk."

Don't mix your coins someone said isn't legal
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November 23, 2013, 12:40:20 AM
 #78

That's just ridiculous... Numbers like these make we wonder if bitcoin will survive.. how can ANYONE have that many bitcoins o_0

If bitcoin succeeds... there will be so many billionaires made it's not even funny.

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November 23, 2013, 01:01:08 AM
 #79

That's just ridiculous... Numbers like these make we wonder if bitcoin will survive.. how can ANYONE have that many bitcoins o_0

If bitcoin succeeds... there will be so many billionaires made it's not even funny.

Anything else would be strange...

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November 23, 2013, 01:55:30 AM
 #80

Will someone test what is the real market cap?
9,294,822,550 USD
http://bitcoinwatch.com/

You must be an absolute fool to believe that 9.2 billion USD actually flowed into Bitcoin.

Market cap does not mean the amount of money that flowed into a stock. It is a simple metric, number of outstanding shares times the price.
Perhaps think before name calling.

Some seem to believe it does. Obviously Ekaros hinted at that by mentioning 'real market cap'. Bitcoin has not enough liquidity to live up to that number of 9 Billion, not even close. That number by 50 is what you could get out if you wanted, maybe.

I'm not sure I follow you. If we look at the order book, there is a pretty solid number that we know (how many buyers below, sellers above - though manipulated). There are also orders not on the orderbook - and perhaps they dwarf it.

Well, anyway, with all that BTC represents, perhaps it is fair to say that it deserves a HUGE market cap. We have a stock (in the network), asset, currency, protocol, development platform, commodity, etc. all in one. And, it is in the financial sector during a time of crisis. We have a new entity and by all measure, it certainly seems to be moving up in an S-Curve fashion.

I would not be shocked in 5 years to see the "market cap" at 1 Trillion USD. But likewise, I would not be shocked (just saddened if the mission was not accomplished or set in motion) if it was lower than now.

That would equate to ~$75,000 USD per bitcoin. Do you realize how much barn wood I could buy with that? And earn 500% profit when I sell it. I can...let me do the math...WoW! I can buy a new truck... and a couple goats.
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