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Author Topic: Source of large transactions?  (Read 651 times)
TheMechanic (OP)
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February 08, 2014, 02:40:03 PM
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I have a visualization running showing every single transaction as a coin where the size of the coin corresponds the transaction amount.

1 pixel of the coin = 1 mBTC

The visualization is at http://freeZ1.com
Please use a fast browser i.e. Google Chome

As you can see from time to time coins appear which cover almost the whole screen.

Does anyone know whats behind the transactions of 50 BTC ore more?

Who transfers such a high amount of BTC?
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Whoever mines the block which ends up containing your transaction will get its fee.
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February 08, 2014, 02:42:24 PM
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Who transfers such a high amount of BTC?

Early adopters, they own 10k-100k BTC.
TheMechanic (OP)
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February 08, 2014, 02:44:48 PM
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I know that there are ones out there which have that amount, but for what do they spend them or are the transactions just for fun?
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February 08, 2014, 02:54:36 PM
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What is the concept of Freezone ? What does shares mean ?
TheMechanic (OP)
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February 08, 2014, 04:04:12 PM
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The concept is to create together a platform for online auctions based on bitcoins.
Basically its like ebay + paypal, but without fees.

For a fair split of the revenues there is the model with the shares. You can either obtain shares by investing into the project or by taking over a task.

In a couple of days I will post the next tasks.


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February 08, 2014, 04:19:22 PM
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What do you guys think is possible to find out with datamining on the blockchain?

I'm curious what's purpose for these hi amount transactions.
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