Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
derpinheimer
on 23/04/2015, 21:34:02 UTC

Could be a lot of things. Perhaps Kraken moving funds in preparation for the MtGox proceedings.

I went back and checked some of the other historical spikes in BDD. They tended to correlate to spikes upwards, not downwards.
(Dec 13, Mar-Apr 14).

I hope we learn more details around this.

There is taint from here (2 yr old though)

https://blockchain.info/address/1BBqjKsYuLEUE9Y5WzdbzCtYzCiQgHqtPN

I don't know so *shrug*

Gox coins is best guess right now i think
How odd. They went into the wallet April 9th.. the day of the MtGox lag price crash..

Maybe this is a stoploss? Price is approaching the original buying price?

this guy/girl just send 101 btc of the 70k coins - the rest is still in the wallet ?!

finally someone who gets it  Cheesy
You're underthinking it. It's completely possible the guy just decided, "Today's a good day to move all of my coins to a new wallet", but that makes absolutely no sense.

Maybe it was a sale to someone who wanted a ton of coins with no slippage? Maybe they're preparing to sell them on an exchange? Who knows.. but "they sent them to a new wallet and then spend 100" makes no sense.