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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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LiteCoinGuy
Legendary
 Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
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June 12, 2014, 06:36:42 PM |
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mark books his holidays on expedia.
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:38:36 PM |
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mark books his holidays on expedia.
Mark who? And how did he gain access to the Silk Road bitcoins that the U.S. government seized? |
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:41:07 PM |
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Looks like multiple outputs to a previous address were all consolidated into a single output at a new address. They haven't moved from that address yet. Not sure why they would be consolidated like that, but untill I see more movement I'm going to assume it's just some sort of "housekeeping". |
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crazydownloaded (OP)
Full Member
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Activity: 148
Merit: 100
Crazy!
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June 12, 2014, 06:42:06 PM |
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Looks like multiple outputs to a previous address were all consolidated into a single output at a new address. They haven't moved from that address yet. Not sure why they would be consolidated like that, but untill I see more movement, I'm going to assume it's just some sort of "housekeeping".
Yes, maybe cold storage or something. |
Est. February 2012
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 12, 2014, 06:42:39 PM |
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mark books his holidays on expedia.
Mark who? And how did he gain access to the Silk Road bitcoins that the U.S. government seized? Sarcasm...he was referring to Mark Karpeles I am assuming... |
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chadwickx16
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June 12, 2014, 06:43:08 PM |
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Why would the gov need to do housekeeping on a btc wallet??
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:43:38 PM |
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mark books his holidays on expedia.
Mark who? And how did he gain access to the Silk Road bitcoins that the U.S. government seized? Sarcasm...he was referring to Mark Karpeles I am assuming... The MtGox guy? As sarcasm, it really doesn't work. Mark has never been an FBI employee as far as I know. |
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:44:50 PM |
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Why would the gov need to do housekeeping on a btc wallet??
You'd have to ask them. I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense. |
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acs267
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June 12, 2014, 06:45:31 PM |
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Umm, are the public notes from the seized coin address from when Dread held the coins? Because they're pretty much like 'wtf'?
And I doubt they'll sell them all at once. That would be stupid.
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BTFjmwn
Newbie
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Activity: 12
Merit: 0
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June 12, 2014, 06:47:15 PM |
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And the IP address shows as Canadian?
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:48:47 PM |
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And the IP address shows as Canadian?
There are no IP addresses in bitcoin transactions. That IP address is the address of the peer that first relayed the transaction to blockchain.info. It easily could have been forwarded through MANY peers before it got to blockchain.info. |
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edd
Donator
Legendary
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Activity: 1414
Merit: 1001
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June 12, 2014, 06:49:46 PM |
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Why would the gov need to do housekeeping on a btc wallet??
You'd have to ask them. I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense. Could be any number of reasons. For example, control of the coins could have been turned over to another department/office/individual and he/she/they wished to eliminate the possibility that the previous guardian could still access them. |
Still around.
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 06:51:15 PM |
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Umm, are the public notes from the seized coin address from when Dread held the coins? Because they're pretty much like 'wtf'?
Once it was figured out that this was the address that the U.S. government was using to hold the seized bitcoins, many people thought it would be humorous to send a very small amount of bitcoins directly to the government and include some sort of public message with the transaction. |
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chadwickx16
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June 12, 2014, 07:05:10 PM |
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Why would the gov need to do housekeeping on a btc wallet??
You'd have to ask them. I'm sure there was some sort of paper work involved and probably some bureaucratic nonsense. Yes, this move probably started in January. I could see it now, "Aye for moving the Bitcoin" on C-Span. LOL |
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crazydownloaded (OP)
Full Member
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Activity: 148
Merit: 100
Crazy!
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June 12, 2014, 07:08:00 PM |
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Est. February 2012
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ljudotina
Legendary
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Activity: 1260
Merit: 1029
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June 12, 2014, 07:08:51 PM |
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mark books his holidays on expedia.
You kinda mixed Gox and Silkroad i guess  |
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amitrwt
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June 12, 2014, 07:16:46 PM |
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So we take up the scenario where these coins will get into market how low you think we will sink..! I can understand it will be good for bitcoins in long term but talking about short term we might see a very high decline in price.
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ljudotina
Legendary
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Activity: 1260
Merit: 1029
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June 12, 2014, 07:18:13 PM |
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If THAT hits the market, we'r talking disaster....absolute anihilatio of price for quiet some time.
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DannyHamilton
Legendary
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Activity: 3374
Merit: 4606
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June 12, 2014, 07:18:55 PM |
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If THAT hits the market, we'r talking disaster....absolute anihilatio of price for quiet some time.
One can only hope that you are correct. I'm looking forward to picking up some cheap bitcoins. On the other hand, it's only 174,000 BTC. That's about the same amount of bitcoins that are created every 48 days. |
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