180,000 BTC (old coins) have just moved

[freebit13]

So explain this to me..if it was a program that is made to keep splitting them up over and over, it must ...

A) Be set to stop at some point (how many bitcoin per account before splits stops)
B) Also store or record other info and sent that somewhere.

What makes me go wow is how many addresses and keys that would be to have and keep track of, unless he wrote something to handle that as well. Even still, holy crap. Also even with all these splits the accounts can still be monitored so what is the point.

Is it ment to be able to hide keys all over the place for all these accounts and even if you lose some you may never lose it all.

It has to do with change and transaction confirmations... making payments from large addresses takes a long time for change to be returned. splitting it up into smaller coins makes high volume transaction faster and more secure, reducing the chance of double spending.

Oh, the keys would abviously all be automatically stored in a db.... one would hope.

[CryptoDomains]

I see I see...

Do we really believe it is about ease of a transaction vs a simple divide to hide?

Also, would someone do that and send all the keys to one db? Would they hide them or divide that info after the fact?

[rohan1]

MT-GOX, top suspect for this.

[Beliathon]

Skynet.

[Xio]

It's also possible some authority involved in the MtGox insolvency decided they'd have to split any remainder of funds into small chunks for reimbursements for whatever logical reason. 

[andyBernard]

nsa moving coins?

[Searing]

Skynet.

+1

(bitcoin all the drama of the end of the world without leaving your computer screen.......pick a day any day)

what would be scary if they really did just find Satoshi ...and he is just plain p/o'd at being found out....

and i don't know flushes the works to paris hilton's bitcoin address or to  donald trumps btc address or the facebook twins

riots i tell you riots would  happen if kim kardasian controlled all that BTC

(crap scared self)

(on a side note i DO predict that someday someone like pais hilton or donald trump will win a major lottery like powerball
same riots different circumstances..you heard it hear first ...probably Robert Blake heh)

Searing

[freebit13]

Skynet.

+1

(bitcoin all the drama of the end of the world without leaving your computer screen.......pick a day any day)

what would be scary if they really did just find Satoshi ...and he is just plain p/o'd at being found out....

and i don't know flushes the works to paris hilton's bitcoin address or to  donald trumps btc address or the facebook twins

riots i tell you riots would  happen if kim kardasian controlled all that BTC

(crap scared self)

(on a side note i DO predict that someday someone like pais hilton or donald trump will win a major lottery like powerball
same riots different circumstances..you heard it hear first ...probably Robert Blake heh)

Searing

-1 Wrong Movie!

[bitjoint]

Isn't this 180k person/entity splitting the coins in the very same way that the mtgox thieves did?... don't you find this worrying?

[ifritsultan]

Is anybody able to verify whether this is legit or not?

http://www.reddit.com/r/Bitcoin/comments/1zz21j/mtgox_2014_hack_database_revealed_live_from_mark/


EDIT:

The post has been immediately removed.
Here is my screenshot of it:

https://i.imgur.com/nCK859b.jpg

[hyunsookmom]

Please mtgox will you please buy darkcoins to keep your money off the radar, you get rich, I get rich, everyones happy!

[jbreher]

What makes me go wow is how many addresses and keys that would be to have and keep track of,

Umm.... isn't that exactly what wallets do?

unless he wrote something to handle that as well.

Maybe he's learned his lesson about trusting his own code.

Unless, of course, he just stole the money himself.

Which seems a distinct possibility.

[E.exchanger]

GOX bastards possibly who else can have that amount of coins  fuck gox   

[roslinpl]

GOX bastards possibly who else can have that amount of coins  fuck gox   

hmmm there are many people who can have 180kBTC

If someone spend few hunderd bucks in 2010 to buy some BTC he could be just a taxi driver or a streetcleaner.

[LiteCoinGuy]

http://techcrunch.com/2014/03/09/mt-gox-hack-allegedly-reveals-bitcoin-balances-customer-account-totals/

[roslinpl]

Someone with >180000BTC do not want to be tracked?

200,000 is the real number.  Not that the extra 20,000 BTC amounts to much anymore 

Tracking is so easy, even I could do it.  There must be another reason.  Theories anyone?

Another reason - make Bitcoin network more busy?

Only reason is - if you would have 200kBTC would you like to have it on a one address? And show that to someone? It's harder to steal from so many addresses than if it would sit on just one.