Bitcoin Forum
December 05, 2016, 12:33:36 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 [875] 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 ... 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1649410 times)
mccorvic
Hero Member
*****
Offline Offline

Activity: 518



View Profile
April 03, 2013, 12:51:48 AM
 #17481

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

This is my thought exactly Cheesy

This is one of my favorite things about bitcoin.  It allows you to go sleuthing with pure data. I LOVE IT

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
1480898016
Hero Member
*
Offline Offline

Posts: 1480898016

View Profile Personal Message (Offline)

Ignore
1480898016
Reply with quote  #2

1480898016
Report to moderator
1480898016
Hero Member
*
Offline Offline

Posts: 1480898016

View Profile Personal Message (Offline)

Ignore
1480898016
Reply with quote  #2

1480898016
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
samson
Legendary
*
Offline Offline

Activity: 1092


View Profile
April 03, 2013, 12:52:20 AM
 #17482

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

Maybe it's the money used to pump up LTC
chrsjrcj
Full Member
***
Offline Offline

Activity: 168


View Profile
April 03, 2013, 12:53:04 AM
 #17483

I think the deal with Bitcoin days destroyed is how long it has been since those coins have been moved from one address to another, correct? So the Instawallet coins would only be a couple days old and not have much of an impact on that graph?
mccorvic
Hero Member
*****
Offline Offline

Activity: 518



View Profile
April 03, 2013, 12:54:11 AM
 #17484

I think the deal with Bitcoin days destroyed is how long it has been since those coins have been moved from one address to another, correct? So the Instawallet coins would only be a couple days old and not have much of an impact on that graph?

It was their cold storage though, implying that most those coins weren't supposed to be moved around all that often.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
zkay
Member
**
Offline Offline

Activity: 112



View Profile
April 03, 2013, 12:55:21 AM
 #17485

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

This is my thought exactly Cheesy

This is one of my favorite things about bitcoin.  It allows you to go sleuthing with pure data. I LOVE IT

Weren't they hacked and those coins are now in control of some blackhat hacker? If so, that doesn't bode well. What if he dumps?

Currently trying to learn ruby on rails - - coding is the future. The future is now.

Donations appreciated: 1JFQhMBERjQ6BBGof6YAGCx33SngK4R9Ag
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 03, 2013, 12:56:45 AM
 #17486

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

I am not sure, but the days destroyed metric is notoriously hard to interpret.  Supposedly all the "younger than 1 year" coins are filtered, and instawallet's old cold coins were less than 1 year old. http://blockchain.info/address/1FrtkNXastDoMAaorowys27AKQERxgmZjY

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 03, 2013, 12:57:30 AM
 #17487

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

Maybe it's the money used to pump up LTC

Could be.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
chrsjrcj
Full Member
***
Offline Offline

Activity: 168


View Profile
April 03, 2013, 12:58:57 AM
 #17488

oakpacific, can you explain that?

He is saying a rather large chunk of 'older' or 'not moved in a long while' coins just made a move somewhere. Maybe it heads for the exchange or not, no one can say.

If we assume that these coins are the minimum age for that graph (exactly 1 year old), then we can do 16,000,000 days destroyed / 365 days = 43.8k coins moved!


If 43k BTC get dumped all at once, it would drop the price down to ~$85.


Bring on the fire sale!
mccorvic
Hero Member
*****
Offline Offline

Activity: 518



View Profile
April 03, 2013, 12:59:35 AM
 #17489

http://blockchain.info/charts/bitcoin-days-destroyed-min-year?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

WARNING: A large amount of "cold" bitcoins get moved yesterday, this movement is the largest since the beginning of February.

Are you sure it's not the Instawallet/Bitcoin Central coins?

This is my thought exactly Cheesy

This is one of my favorite things about bitcoin.  It allows you to go sleuthing with pure data. I LOVE IT

Weren't they hacked and those coins are now in control of some blackhat hacker? If so, that doesn't bode well. What if he dumps?

https://bitcoin-central.net/

They're saying that the coins are safe.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 03, 2013, 01:04:51 AM
 #17490

oakpacific, can you explain that?

He is saying a rather large chunk of 'older' or 'not moved in a long while' coins just made a move somewhere. Maybe it heads for the exchange or not, no one can say.

If we assume that these coins are the minimum age for that graph (exactly 1 year old), then we can do 16,000,000 days destroyed / 365 days = 43.8k coins moved!


If 43k BTC get dumped all at once, it would drop the price down to ~$85.


Bring on the fire sale!

Though not sure whose coins these really are, the total amount should be no more than 40K, probably around 30K sans all the noise. Unlikely to crash the market even if all dumped, and amplified by a factor of 2 through some panic selling.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
cedus
Jr. Member
*
Offline Offline

Activity: 46


View Profile
April 03, 2013, 01:22:27 AM
 #17491

Thread is lagging bad! 890 vs. 1180. POST POST POST!
DougTanner
Sr. Member
****
Offline Offline

Activity: 280



View Profile
April 03, 2013, 01:24:01 AM
 #17492

Of course, as I'm getting ready to unwind and head off to bed, the price starts to go up  Cry


Help pay for my BTCCharts.com subscription: 1DTannerQHQD7qjSmA3abLQaDkVFLnBGma
BitcoinTate
Full Member
***
Offline Offline

Activity: 224


DigiByte Founder


View Profile
April 03, 2013, 01:25:00 AM
 #17493


- aka The "DigiMan"
BitcoinTate
Full Member
***
Offline Offline

Activity: 224


DigiByte Founder


View Profile
April 03, 2013, 01:40:05 AM
 #17494

BTC China now at $137

- aka The "DigiMan"
mccorvic
Hero Member
*****
Offline Offline

Activity: 518



View Profile
April 03, 2013, 01:45:48 AM
 #17495

BTC China now at $137

China goin' crazy for them bitcoins.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 03, 2013, 01:52:30 AM
 #17496

BTC China now at $137

China goin' crazy for them bitcoins.

Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Beta-coiner1
Hero Member
*****
Offline Offline

Activity: 518


View Profile
April 03, 2013, 01:54:39 AM
 #17497

Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.
Hmmmm....I don't think so.

Check out the issue of government control on spending limits for Chinese citizens and gambling in Macau=Higher BTC pricing.

If you believe this post has helped,please donate-

1JfwAiV8WbT9HtmQVvnkJ6KwUy9gLjzxdK
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 03, 2013, 01:57:06 AM
 #17498

Ridiculously wealthy tycoons with high business acumen+lack of investment options+no confidence in government-backed financial system=high bitcoin price in China.
Hmmmm....I don't think so.

Check out the issue of government control on spending limits for Chinese citizens and gambling in Macau=Higher BTC pricing.

Well, actually it's very easy to obtain dollars for gambling, people here don't do things by the book.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
BitcoinTate
Full Member
***
Offline Offline

Activity: 224


DigiByte Founder


View Profile
April 03, 2013, 01:57:32 AM
 #17499

Yesterday the high at BTC China was $113... for the past couple weeks Gox has been following BTC China a day later. I just cant image Gox hitting $137 tomorrow without a big sell off.

- aka The "DigiMan"
mb300sd
Legendary
*
Offline Offline

Activity: 1232

Drunk Posts


View Profile WWW
April 03, 2013, 02:03:03 AM
 #17500

Whats the volume on btcchina? Can't seem to find it, I have it on english, but half the site is still in chinese...

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
Pages: « 1 ... 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 [875] 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 ... 1189 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!