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Author Topic: $80,000,000 dollar transaction just hit blockchain!  (Read 7597 times)
mullvads
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December 03, 2014, 05:17:36 PM
 #1

https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3
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December 03, 2014, 05:20:20 PM
 #2


With a 0.0001 fee ($0.04).

 Smiley
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December 03, 2014, 05:23:27 PM
 #3

I think this is where Bitcoin shines. It's nearly feeless when it comes to huge transactions, but for small ones, you do pay high TX fees.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
michaeladair
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December 03, 2014, 05:23:35 PM
 #4

Hey Western Union, suck on Bitcoin's transaction Fee!

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December 03, 2014, 05:24:56 PM
 #5

This is on the frontpage of reddit/bitcoin. Everyone is crazying about it.

This should be shown to non-believers to convert them! $0.04 in fees is crazy!
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December 03, 2014, 05:36:23 PM
 #6

A multi-millionaire paid only 4 cents to transact $80 million when transactions cost of $30 each in mining costs, and you all cheer this like blind fools  Huh
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December 03, 2014, 05:42:11 PM
 #7


Another reason to use bitcoin  Grin , fantastic !
trout
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December 03, 2014, 05:43:35 PM
 #8

the address 1JEC8vYP9cEDSu6N6DXkkYd3RaeWAdsCqN,  that provides most of the input to this tx, has itself
recieved many inputs marked as "bitstamp audit" on blockchain.info

So this is most likely bitstamp moving its funds around
[spoiler] or their cold storage being hacked [/spoiler]

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December 03, 2014, 05:44:23 PM
 #9

the address 1JEC8vYP9cEDSu6N6DXkkYd3RaeWAdsCqN,  that provides most of the input to this tx, has itself
recieved many inputs marked as "bitstamp audit" on blockchain.info

So this is most likely bitstamp moving its funds around
[spoiler] or their cold storage being hacked [/spoiler]
It's still quite a big move... no need to be a party pooper.

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December 03, 2014, 06:19:41 PM
 #10

A multi-millionaire paid only 4 cents to transact $80 million when transactions cost of $30 each in mining costs, and you all cheer this like blind fools  Huh

Including transactions in a block is not the only purpose mining serves so why do you apply all of the costs of mining solely to transactions. I find your statement to be overly simplistic in order to conform to your preconceived notions.

What kind of FUD is this?   Obviously there are coinbase rewards.

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December 03, 2014, 06:22:01 PM
 #11

good day
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December 03, 2014, 06:25:08 PM
 #12

With a 0.0001 fee ($0.04).

 Smiley

deal with it.
it's only number on the network ...  Grin

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December 03, 2014, 06:28:40 PM
 #13

Where else can you send such a large amount for just 4 silly cents  Cheesy

Probably work of an exchange, but still, very cool to see.

I think the largest transaction I have seen was 350K BTC, can't remember if they used fee or not.

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December 03, 2014, 06:33:07 PM
 #14

A multi-millionaire paid only 4 cents to transact $80 million when transactions cost of $30 each in mining costs, and you all cheer this like blind fools  Huh

Transaction amount does not add up any extra cost for mining a block. I think you are scared to lose your bank job... so lamenting in frustration.
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December 03, 2014, 06:33:36 PM
 #15

Where else can you send such a large amount for just 4 silly cents  Cheesy

Probably work of an exchange, but still, very cool to see.

I think the largest transaction I have seen was 350K BTC, can't remember if they used fee or not.

Imagine some greedy sucker not paying the fee and having his money stuck with no confirmation for weeks.


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December 03, 2014, 06:33:51 PM
 #16

Where else can you send such a large amount for just 4 silly cents  Cheesy

Probably work of an exchange, but still, very cool to see.

I think the largest transaction I have seen was 350K BTC, can't remember if they used fee or not.

No, look  this transaction ( zero fee):

https://blockchain.info/it/tx/29a3efd3ef04f9153d47a990bd7b048a4b2d213daaa5fb8ed670fb85f13bdbcf    500'000 BTC

and  unfortunately :

https://blockchain.info/it/tx/b269bf1b82dae8a61f7f91dbf7a9d807e30963c1ae00ddd95a8faebea6d0a007
ikydesu
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December 03, 2014, 06:36:10 PM
 #17

Hacker address Huh LOL
so much and so big value and just one input.
Joca97
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December 03, 2014, 06:37:48 PM
 #18

wow thats really too much!!!

what is he planing to do with all those bitcoins Cheesy


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December 03, 2014, 06:42:53 PM
 #19


good to see Smiley i like the fact it costs to little to transact.

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December 03, 2014, 07:02:08 PM
 #20

rally up?  Wink

New programming language, new technology, new ideas, new DAPP platform https://bitcointalk.org/index.php?topic=1525078
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