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Author Topic: Large BTC Transactions!  (Read 1383 times)
bitkilo (OP)
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December 10, 2014, 03:20:35 AM
 #1

I always love seeing someone post huge bitcoin transactions that they have seen on the blockchain, since i haven't seen one i thought it's time to start a thread on this.
Please post any large BTC transactions that you see in this format;

Amount:
Fee:
Tx:

Only small but I will start it off with these two:
Amount: $222.652.17
Fee: $0.04
Tx: https://blockchain.info/tx/19bd1754861fe6cd353072ae5ce36b4d63889b01e980fa3dae2468ceef3e85ca

Amount:$251.655.92
Fee: $0.04
Tx: https://blockchain.info/tx/409ca73476115f94bb821992c3de6cc1e0edd68818a3f604a86066aa46c78eac

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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bitkilo (OP)
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December 10, 2014, 03:22:19 AM
 #2

This one is a little bigger and with no fee!
Amount: $422.528.32
Fee: $0.00
Tx: https://blockchain.info/tx/dfc6b2b3a4906703635f3c8239182aace3ef2aa2e348526488e05a8b1fac56c5

Omikifuse
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December 10, 2014, 03:23:43 AM
 #3

This one is a little bigger and with no fee!
Amount: $422.528.32
Fee: $0.00
Tx: https://blockchain.info/tx/dfc6b2b3a4906703635f3c8239182aace3ef2aa2e348526488e05a8b1fac56c5

Why someone with such giant amount to move put no tax in the transaction Huh

It kinda of makes no sense Huh
bitkilo (OP)
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December 10, 2014, 04:44:18 AM
 #4

Wow it's a day for big transactions today.
Amount: $91.713.275.34  Yes that is 91 million dollars.
Fee: $0.04
Tx: https://blockchain.info/tx/9d25b5eaa65de602fe6a11ba9db83f3b1105899b12664f3302a5ccf1cff955d8

thefunkybits
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December 10, 2014, 06:07:04 AM
 #5

$200,000 transactions aren't too uncommon to see on the blockchain

It's the multi-million dollar ones that get me excited!
bitkilo (OP)
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December 10, 2014, 06:10:10 AM
 #6

$200,000 transactions aren't too uncommon to see on the blockchain

It's the multi-million dollar ones that get me excited!
Your right, I see that now.
Maybe i should have started off with my 3rd post, the 91 million dollar transaction.

gablay12
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December 10, 2014, 06:51:21 AM
 #7

91.000.000 USD.Good figure. Grin

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lihuajkl
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December 10, 2014, 07:45:36 AM
 #8

This one is a little bigger and with no fee!
Amount: $422.528.32
Fee: $0.00
Tx: https://blockchain.info/tx/dfc6b2b3a4906703635f3c8239182aace3ef2aa2e348526488e05a8b1fac56c5
The guys don't even want to spare one penny to reward the miner who included his huge transaction to the mined block. Any one can take advantage of this free network.   
trishs
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December 10, 2014, 09:22:24 AM
 #9

It is one of the largest transactions in bitcoin's history, by far the largest under bitcoin's recent high prices, and represents 1.6% of all bitcoins now in circulation.
BitmoreCoin
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December 10, 2014, 11:56:11 AM
 #10

Why someone with such giant amount to move put no tax in the transaction Huh
It kinda of makes no sense Huh

We only pay tax if we have to.
botany
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December 11, 2014, 03:46:07 AM
 #11

This one is a little bigger and with no fee!
Amount: $422.528.32
Fee: $0.00
Tx: https://blockchain.info/tx/dfc6b2b3a4906703635f3c8239182aace3ef2aa2e348526488e05a8b1fac56c5

Why someone with such giant amount to move put no tax in the transaction Huh

It kinda of makes no sense Huh

There is a difference between transaction fee and tax.
Taxes are charged only by the government, not bitcoin miners.
1Referee
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December 11, 2014, 01:14:30 PM
 #12

This one is a little bigger and with no fee!
Amount: $422.528.32
Fee: $0.00
Tx: https://blockchain.info/tx/dfc6b2b3a4906703635f3c8239182aace3ef2aa2e348526488e05a8b1fac56c5

Why someone with such giant amount to move put no tax in the transaction Huh

It kinda of makes no sense Huh

There is a difference between transaction fee and tax.
Taxes are charged only by the government, not bitcoin miners.

I'm sure he meant fee and not tax.

Mostly these huge transactions have enough priority to be sent without fee.

But I agree, supporting the network with only 0.0001 fee won't make them lose a lot  Cheesy
adaseb
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December 11, 2014, 02:56:30 PM
 #13

Those large transaction are probably webmasters or pool operators who use cold storage.

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teukon
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December 11, 2014, 08:24:12 PM
 #14

But I agree, supporting the network with only 0.0001 fee won't make them lose a lot  Cheesy

True, but the 100-mike (0.0001-BTC) fee will also not support the network much, nor does it cost the miner much to include the transaction.

These "huge" transactions don't take up any more resources than simple transactions of far smaller amounts.  The lion's share of the costs are borne by the sender in the form of risk as they may send to the wrong address or reveal sensitive information while creating/signing/broadcasting the transaction.
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December 12, 2014, 12:59:04 AM
 #15

But I agree, supporting the network with only 0.0001 fee won't make them lose a lot  Cheesy

True, but the 100-mike (0.0001-BTC) fee will also not support the network much, nor does it cost the miner much to include the transaction.

These "huge" transactions don't take up any more resources than simple transactions of far smaller amounts.  The lion's share of the costs are borne by the sender in the form of risk as they may send to the wrong address or reveal sensitive information while creating/signing/broadcasting the transaction.

Just one 0.0001 fee won't do much, that's right.

If a block contains 1000+ transactions, the fees can add up and form a decent amount.

For example, block 333920 has 1071 transactions. Total generated fee amount is 0.17766577 BTC
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