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Author Topic: 194,993 BTC transaction  (Read 14985 times)
tysat (OP)
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November 22, 2013, 05:52:43 PM
 #1

https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204

Sure is a lot of money to move at one time
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 22, 2013, 05:54:23 PM
 #2

I rounded it up to 195,000*750 usd it is = 146,250,000 USD

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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November 22, 2013, 05:56:07 PM
 #3

I rounded it up to 195,000*750 usd it is = 146,250,000 USD

But if they were to dump it all they'd only get about $35 mil on Gox Cheesy

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November 22, 2013, 05:57:00 PM
 #4

who is that? do tell

ok
ecoin_org
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November 22, 2013, 05:57:54 PM
 #5

Winklevoss ETF fund. Cheesy
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November 22, 2013, 05:58:53 PM
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Biggest trans. I have ever seen.

Wouldn't be surprised if it was the Winklevii. Tongue
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November 22, 2013, 05:59:36 PM
 #7

No transaction fee lol.
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November 22, 2013, 05:59:44 PM
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I was just about to mention Winklevoss.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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November 22, 2013, 06:00:08 PM
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No transaction fee lol.

Probably not on purpose.

BlockChain is doing that by default now.
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November 22, 2013, 06:00:48 PM
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Satoshi woke up xD Shocked

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November 22, 2013, 06:01:02 PM
 #11

Some of the inputs of the outputs are quite old, as old as 2011 June. Edit, looks like an old miner.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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November 22, 2013, 06:02:04 PM
 #12

Beautiful, so effortless to move so much money.

I'm sometimes involved with very large cross-border transactions and the logistics of making payments of this size are, more often that not, a complete PITA, with timezones and banking hours getting in the way.
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November 22, 2013, 06:02:10 PM
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Sorry i just move my money :p

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November 22, 2013, 06:02:18 PM
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It's Richard Branson.
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November 22, 2013, 06:02:46 PM
 #15

No transaction fee lol.

Probably not on purpose.

BlockChain is doing that by default now.
high priority transaction don't need a fee.

and I really doubt anyone is holding $147M on blockchain.

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November 22, 2013, 06:03:12 PM
 #16

Its tagged as 'a shit load of money' lol.. what a balla
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November 22, 2013, 06:06:12 PM
 #17

No transaction fee lol.

Probably not on purpose.

BlockChain is doing that by default now.
high priority transaction don't need a fee.

and I really doubt anyone is holding $147M on blockchain.

True - didn't think of that.

I wonder where one stores $147M in BTC...

Mhmm...  A vault? Lol.
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November 22, 2013, 06:09:04 PM
 #18

Could this be satoshi? Some of the inputs(and I mean from going backwards and backwards in the trace) are as old 2010 February and owned by a single miner who donated 500btc to a faucet once.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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November 22, 2013, 06:12:01 PM
 #19

No transaction fee lol.

Probably not on purpose.

BlockChain is doing that by default now.
high priority transaction don't need a fee.

and I really doubt anyone is holding $147M on blockchain.

True - didn't think of that.

I wonder where one stores $147M in BTC...

Mhmm...  A vault? Lol.

I would use the Armory client and it's offline wallet feature.

You don't need a vault to protect a bitcoin wallet, that's the beauty of it.

People kill other people for thousands.

If someone knew it was on a computer I'm sure there are MANY people that would be willing to kill for $147M and steal the computer.

Offline clients are safer than online, but not safer than paper wallets.

I'd bury a paper wallet if it held that many BTC.
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November 22, 2013, 06:13:23 PM
 #20

Could this be satoshi? Some of the inputs(and I mean from going backwards and backwards in the trace) are as old 2010 February and owned by a single miner who donated 500btc to a faucet once.

Doubt it.

Probably just an old miner or entrepreneur, early adopter with capital willing to risk.
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