Massive 41,700 BTC transaction just happened

[RoxxR]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

[1715698228]

1715698228

[1715698228]

1715698228

[es.blofeld]

wow - indeed most interesting !

[jongameson]

quick somebody find a vanity address for 1DKH2oZtrcAAoZXsNJQnKBwKYaYdx5KrVV    

[ledmaniak]

Happens all the time?

[zackclark70]

not even a fee for the network

[5thStreetResearch]

damn thats a big purchase/sell

[Bit_Happy]

Is ~$26,000,000 massive in the modern world?  
Are they trying to abuse the bug?

[Lauda]

Is ~$26,000,000 massive in the modern world?  
Are they trying to abuse the bug?

Nah I usually keep that in my left pocket. 

[bennybong]

Mtgox cold storage coming out of storage?

[BittBurger]

Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

[EchoingUprise]

I was wondering where all the Mt Gox coins went

[bitcoinminer]

I was wondering where all the Mt Gox coins went

LOL I'm SURE that MagicalPenguin will open up his books and show you!

[angrynerd88]

all my savings of my life amount to 4000 dollars and I putthem on bitcoin. Guess there is someone richer Than me in this world.

[Automatic]

Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

"Welp, today we had a 41,700 BTC (~$29,190,000) transaction. Yup. Pretty much it. Oh? Who sent it? No idea. Who got it? Nup. No idea still. This is fun. Yup. Welp, it only took up 226 bytes, don't you wish you could brute force that? Haha. I do."

[Kenshin]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

Sorry that was me again. I just got another island.

[yannis7777]

Astonishing. That is a lot of btc!

[Perseus353]

Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY

[WesandEAC]

What about 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY?

[Lauda]

Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY

Most likely an exchange.

[server]

"Shit load of money!" 

[Lauda]

"Shit load of money!"  

Activity: 663
Posts: 664

You ruined perfect stats for this post. 

[solex]

Traced the coins back a few steps --- they come back to this address which has seen a lot of action. Does anyone recognize this address?

https://blockchain.info/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY

Most likely an exchange.

That 194k BTC transaction was thought to be by Bitstamp.

[server]

"Shit load of money!"  

Activity: 663
Posts: 664

You ruined perfect stats for this post.  

Soon my day will come *666*

But I was referring to this, looks like it's related.

[Meuh6879]

not even a fee for the network

  it's a pool.

[misternanyte]

I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

[chipbike]

I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Welcome to the new central controlled economy where all you do is watched by everyone else.

But yes, many of the bitcoin premisses are just crap. The job of the bitcoin and all other cryptocurrencies will be to open a new paradigm to the banking system... I think we all understand that at this point.

[Lauda]

Soon my day will come *666*

But I was referring to this, looks like it's related.

You are evil!
That's quite a sum.

[Cryptopher]

Holy smokes! No fee? Poor show! I bet the miners have been busy today given all the movement that's been happening outside of exchanges, then again no outgoing Gox transactions to worry about...

[dbell]

If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.

[Automatic]

If one of the 3 or 4 big pools was bringing some BTC out of cold storage they would not need to have a fee to get it to complete in a reasonable time.  They just need to keep putting the transaction in the next block they were solving until they solve a block.  If you are one of the big 4 pools, that is going to happen pretty soon.

Or, you know, 41,700 BTC would mature like, instantly, and, you wouldn't have to have a fee anyway?

[MikeyVeez]

Why don't news outlets write about things like this?
Would be much more interesting, inspiring, and promotional for Bitcoin than the nonsense they love to focus on.
Imagine an article discussing a 26 million dollar transaction with no fees.
Thats interesting.  
Someone link Business Insider, the Verge, and Forbes Online to this thread.

-B-

Yes def. much more interesting, a $26,000,000 money laundering with 0 fees, where do the criminals sign up! Fuck you HSBC and your 10% cut!

[h3rlihy]

Probably put the 41,700 into a ponzi.

[bryant.coleman]

Someone probably moved his coins to a safer wallet.

[gollum]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

Maybe The Wolf of Bitcoin Street took all his cash to some Swiss cold storage bank vault



Thanks to bitcoin they don't need to move that kind of money physically (41,700 BTC = 27 million dollars)

[pungopete468]

Maybe CoinBase?

They spent all of the USD they had stored across the exchanges just buying coins to fill the orders that were placed in the US...

They have also been experiencing slightly longer than average withdrawal times because no doubt they sold all the coins they had available on hand. It took about an hour for them to signal the transfer of the coins I purchased to my personal wallet today...

[TERA]

It's getting dumped at market on Bitstamp. Get ready.

[pungopete468]

It's getting dumped at market on Bitstamp. Get ready.

I was waiting for that suggestion.

Also a possibility. Wouldn't be a bad idea to set some bids just in case...

I think CoinBase is most likely. The volume in that account is massive and it seems to be used pretty often. I don't think it's going to dump coins. That account has too much historical volume and it looks like they are selling coins elsewhere. We would've seen some major volume movements in the past if that account were for dumping coins; much more than we've experienced so far...

Edit:

Look at the transactions in November. At the peak in November when interest was skyrocketing they were sending coins out in huge numbers...

116,000 BTC sent out on 2013-11-22 17:38:09

Coins are deposited into this address from several different addresses but then get distributed into the same group of 3 or 4 addresses consistently.

[OliverEngland]

Anyone know if someone is buying/selling? Or is someone just moving it?

[pungopete468]

Anyone know if someone is buying/selling? Or is someone just moving it?

That was just a movement. No telling what the accounts are used for...

[dharmapuriharithaa]

wow 41,700*600=25020000
that is huge

[wendall]

If i had 25 million worth of BTC i will sell them all invest them all secured banks and tour all over world.

[BitcoinSniper]

ok we just need like 5 BTC to launch the mission to send the bitcoin flag to space https://bitcointalk.org/index.php?topic=441303.0

So whoever made this huge transaction . Send some coins our way

[bryant.coleman]

If i had 25 million worth of BTC i will sell them all invest them all secured banks and tour all over world.

If I had them, then I'll hold on to them until BTC reaches $1,000,000.

[coastermonger]

These funds were once part of a larger consolidated address that used have 194,993 BTC
https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204

[S4VV4S]

Somebody's getting ready for a huge dump and I think I know who.


~BCX~

Do share...

[S4VV4S]

all my savings of my life amount to 4000 dollars and I putthem on bitcoin. Guess there is someone richer Than me in this world.

There will always be someone richer than you unless your name is Rockefeller or Rothschild.

[inoob]

Was it a buy or a sell???

[EvilPanda]

Was it a buy or a sell???

It was a giveaway
No, just joking, it was a HODL.

[inoob]

Was it a buy or a sell???

It was a giveaway
No, just joking, it was a HODL.

HODL... Hell Of a Dump Lad?

[BTCWizard]

Is ~$26,000,000 massive in the modern world?  

In a few years this amount of money will be barely enough to buy a sliced bread.

[boogi]

next transaction says

"Great divine origin allow me gain financial freedom. The feeling of love and gratitude will eternally live in my heart."

https://blockchain.info/address/1DKH2oZtrcAAoZXsNJQnKBwKYaYdx5KrVV

[bryant.coleman]

Was it a buy or a sell???

It was a giveaway
No, just joking, it was a HODL.

What is a HODL? Did you mean HOLD?

[igorr]

Do you know this man ?



http://en.wikipedia.org/wiki/Ponzi_scheme

[tinus42]

not even a fee for the network

That isn't required for a big transfer IIRC.

[Nite69]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

I assume it was a payment of only 2500 BTC, one payed it with a 41.7K coin and got some change..

[Flanagan]

I am not impressed. Perhaps exchanges move large amts of bitcoins all the time between their own wallets to create transaction volume, who knows.

[N[e]wBie]

this address got a lot of bitcoins from new bitcoins generated in feb 2009 (1DRT3c)

[btcxyzzz]

Do you know this man ?

Bitcoin is NOT a ponzi scheme!

P.S. Igore pa ti i ovde trujes ekipu sa glupostima ))

[bitcoinminer]

Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back

[igorr]

Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back

of course   

[Nite69]

Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back

Bitcoin isn't a Ponzi scheme, noone has promised any profit.

[bitcoinminer]

Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back

Bitcoin isn't a Ponzi scheme, noone has promised any profit.

You're correct.  It's technically just a standard "pyramid".

[rohnearner]

OMG .. that is loads of $$$$$BTCBTCBTCBTC$$$$$$..!

[Kazimir]

damn thats a big purchase/sell

Who says it's a purchase/sell? Most likely this is just an exchange moving their funds between cold storage wallets.

[igorr]

Breaking news, https://www.bitstamp.net/article/bitcoin-withdraws-suspended/

[FalconFly]

And of course I have to pay up fees for every **#ing transaction, but the big guns don't need to pay no stinkin fees right? Business as usual I guess.

Breaking news, https://www.bitstamp.net/article/bitcoin-withdraws-suspended/

Is it just me or is someone / some institution / some agency trying to seriously rock the BTC boat lately ?!
One time is an accident, two times is a trend... three times constitutes a hostile intent. IMHO a bit too many impacts within a so short timeframe for my taste...

[S4VV4S]

Bitcoin isn't a Ponzi scheme... Charles Ponzi occasionally gave money back

Bitcoin isn't a Ponzi scheme, noone has promised any profit.

You're correct.  It's technically just a standard "pyramid".

Why so?

[igorr]

Now we need a lot money from MtGox and Bitstamp, but they will not have the money to make payments !

[richmke]

Just curious:

If bitcoin is to be acceptable for every day transactions: $26 million is chump change in the finance/banking sector.

[igorr]

Now we need a lot money from MtGox and Bitstamp, but they will not have the money to make payments !

[bitcoinminer]

Why so?

Earlier adopters were smart enough to get in at the top of the pyramid, in small numbers.  Slightly more further down the pyramid, and then broad support of many people with few bitcoins at the bottom.

[fordlincoln]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

Sorry that was me again. I just got another island.

LOL !

Damn Bitcoin billionaires - we are just pawns in your evil game of global domination.

I want an island too.

[hellscabane]

Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

[jongameson]

Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

who CARES

[luv2drnkbr]

if you trace the inputs back you see a lot of transactions that send something like 1000btc to one address and 50000 btc to another.  so that looks like an exchange moving some coins from cold storage to a hot wallet.  if you trace back to similar tx's, you arrive at one address which no longer follows that pattern, 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY, which has a 90k input from 12sENwECeRSmTeDwyLNqwh47JistZqFmW8.  if you google that address, you get a few people speculating that it's bitstamp.

the speculation in combination with the tx making perfect sense for being a cold-->hot storage move by an exchange, i think there's greater than two chances out of three that OP's tx is a bitstamp cold-->hot storage move.

[bitcoinminer]

Now I'm curious. Does anyone know if this is the largest ever BTC transaction pegged in USD? Could you imagine if one of those 100,000 BTC addresses suddenly had movement?

who CARES

Seconded.  Motion carried.

[ivroer]

if you trace the inputs back you see a lot of transactions that send something like 1000btc to one address and 50000 btc to another.  so that looks like an exchange moving some coins from cold storage to a hot wallet.  if you trace back to similar tx's, you arrive at one address which no longer follows that pattern, 1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY, which has a 90k input from 12sENwECeRSmTeDwyLNqwh47JistZqFmW8.  if you google that address, you get a few people speculating that it's bitstamp.

the speculation in combination with the tx making perfect sense for being a cold-->hot storage move by an exchange, i think there's greater than two chances out of three that OP's tx is a bitstamp cold-->hot storage move.

If I had to speculate further, if it is Bitstamp moving coin from cold storage to hot wallet, then probably it has been triggered by a few big players saying "I'm out" and queuing up for withdrawal once Bitstamp resumes normal withdrawal service. So they've gotta go the vault to facilitate some concerned customers who lost confidence in having any bitcoin stored in the stamp.

[keithers]

I was just moving a few of the coins from my daughter's computer...didn't think everyone would take notice..haha

[lompocus]

Maybe someone just bought a ticket on a SpaceX craft?

[jdany]

Cryptolocker virus ransom payments showed 41,928 BTC between October 2013 and December 2013.

[samuraizero]

send some of that my way ._.

[jongameson]

hey i wanted to go on the Virgin cruise to the atlantic with Katy Perry and Pharllel but nobody told me how gay it is

[ZendiMOREN]

Omg , he bought a house?

[jongameson]

Omg , he bought a house?

hey i only have 2800

[desertfox470]

Haha that's kind of weird and cool at the same time.

[Coldchurch]

Nice!

[igorr]

all mining company has left of the game, and bitcoin is lost investors, its game over

[roslinpl]

tx: 369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c
amount: 41,700 BTC
fees: 0 BTC

https://blockchain.info/tx/369e26689af06471241a827a8a46332a1191f2c25ad8fbf3b643b2d8c9b07c4c

Ah the beauty of having a public ledger!

pffff... what a cheapskate! No fee ... pffff .... Rich people are mostly cheapskates.

[Sampey]

From start wallet i have reached this one :

https://blockchain.info/it/address/1HBa5ABXb5Yx1YcQsppqwKtaAGFPYe5xzY

[matt608]

I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Heard of Darkcoin?

[Musent]

That's a shit ton of money lol.

[CryptoPanda]

it was me

[gtraah]

I love bitcoin so far, but i hate how you idiots are allowed to view everyone of my fucking transactions. You piss me the fuck off.

I like bitcoin, but it's imperfect. In order to be a perfect crypto-currency, we need to have a program that does TRUE anonymity, with no chance of anyone seeing your transactions. I mean how is it any better that you can look at Max Keiser's address and figure out what he's buying? THat's world wide though. Not just a select few people. EVERYONE can see what you're paying, even if they can't figure out what you bought. Why would that matter? The government can now link you to your address and harass you with questions of what you bought. I think i will have a look at bitcoin's source, but i'm thinking of eventually modifying the source code to SAFELY allow TRUE anonymous transactions.

Just dont give out your address..... If Max Keisers address is shown in public it must mean he doesnt care, I dont have my address shown in public

[sexydh80]

Wow it looks very interesting

[roslinpl]

Wow it looks very interesting

well it does indeed!



Cheers and god bless all of you guys