Unusual activity on Bitcoin Monitor?

[pist0la]

Never noticed this transaction pattern before. Anyone know what causes it?

http://i51.tinypic.com/2vtvdzp.jpg

[1714183443]

1714183443

[1714183443]

1714183443

[kiba]

Nothing to see here. Move along.

[Basiley]

stock market speculation ?
flash-mob ?[making graph picture smile  ?:-]
but if you read this graphy [really-really-really]CAREFULLY you can read "BitCoin Rulez !!" there

[Longmarch]

automated mining pool payouts

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.

[Basiley]

automated mining pool payouts

or Santa refueling cash payout. or netflow/ppl dayly activity impact.
ANY stock market fluctuations can reflect virtually anything or nothing at all -)
its nature of such biz -)
try watching NYSE or Nikkei charts/graphs dancing  !! its attractive/psychoactive and and kill both dolphins and humans.

[kiba]

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.

That why I said "nothing to see here, move along."

[Longmarch]

eta: okay, probably too high a quantity for that.  Someone is chaining transfers, now that I look closer.  Could be all sorts of reasons.

That why I said "nothing to see here, move along."

yes

[error]

If you want something slightly more interactive, watch your disk defragment.

[Stephen Gornick]

This is an example of the type of noise that makes useless the metrics for the total number of transactions and the total BTCs transacted over a period of time.

Bitcoin Watch shows that there was about $4 million worth of BTC that traded in the past 24 hours:
 - http://bitcoinwatch.com
  These types of transactions cause that metric to mean relatively nothing.

The BitcoinDays Destroyed metric will provide a more useful metric:
  - http://forum.bitcoin.org/index.php?topic=9300.0