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For the BTC followers: 194,993 BTC transaction worth $147m sparks mystery and speculation

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posted on Nov, 26 2013 @ 11:59 AM
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Bitcoin internet hangouts were buzzing today after noticing someone had shifted 194,993 BTC (over $147m on CoinDesk’s BPI) in one transaction.

The transaction, tagged “Ship Load of Money!” by its mystery originator*, appeared on Blockchain.info early in the evening of 22nd November. 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. (*Correction: as pointed out in the comments below, the tag was attached to the receiving address and not by the originator.)


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This will certainly upset the Status Quo banks.. They hate it when people move money for free. They want their pound of flesh from everyone. This transaction & others like it will force a showdown in OK coral between the ESTABLISHMENT and BITCOIN. Establishing a currency outside of the banks is key to us gaining freedom,.... if that be possible. Unless we can break the monopoly of the banks we're not winning freedom anytime soon.

If China and other countries promote this it can put a dent in the power structure of the one-worlder's and mess up their time schedule. so sad for them...

Unless they can stop it, this type of thing will become commonplace. When people figure out they can move huge amounts of cash easily online without seeing their banker and without paying HUGE fees on these sums,.. this could get contagious,.. you know what they say about infections being of a "viral" nature,.. right? oh-oh Wait till the bigger loads hit the fan.

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edit on 26-11-2013 by FlySolo because: (no reason given)



posted on Nov, 26 2013 @ 12:21 PM
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reply to post by FlySolo
 


Holy son of a gun... 194,993 BTC? The only entity I know who might have access to that many bitcoins is an exchange or Satoshi.

EDIT: you know what I just realized, it could also be some of the BTC confiscated during the Silk Road bust.
edit on 26/11/2013 by ChaoticOrder because: (no reason given)



posted on Nov, 26 2013 @ 01:07 PM
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When Ross Ulbricht, known as Dread Pirate Roberts to users of the site, was arrested last week, the FBI seized 26,000 Bitcoins belonging to Silk Road customers. But it also attempted, unsuccessfully, to claim the nearly 600,000 - thought to be worth around $80m - which Ulbricht himself is thought to be holding.


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That's about half a billion dollars worth of bitcoin at current rates.



posted on Nov, 26 2013 @ 01:10 PM
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reply to post by ChaoticOrder
 


Whom ever it is, they certainly want to 'stir-the-pot' that's for sure. The BTC markets have been pumping and dumping like crazy, it's fun to watch. Takes a nose dive for an air gasping couple of days and then suddenly Mr. Mystery shows up with 200k in bitcoins to spike things up.

Quite entertaining.
edit on 26-11-2013 by FlySolo because: (no reason given)




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