Post
Topic
Board Trading Discussion
Re: Someone Just Transferred 40000 Bitcoins
by
VitKoyn
on 30/01/2018, 06:52:40 UTC
Someone just moved 40000 Bitcoins. And the best part is the fee! LOL

Just imagine the paperwork you need to go through if you are going to move 400M USD from one account to another if you are going to use the banking system.

https://blockchain.info/tx/92785a57f6e9e9eb9d37a00e6e8be7f888376f65fa2b8f868db261cbf6cca7b0
He sent 4000 Bitcoin to segwit address and only paid $1 for the transaction fees (11.086 sat/B) lol. Anyway it is normal because the mempool is not clogged by hundreds of thousand unconfirmed transaction anymore so paying for this low transaction fee will have no problem, seems spamming in the network have stopped for now. But the interesting part is he transfer his Bitcoin to segwit address, I'm starting to think that people have now realized that using segwit addresses is way more better than legacy addresses.