Quote from: lyth0s on December 03, 2014, 02:55:56 AM

Quote from: fewcoins on December 03, 2014, 02:15:15 AM

Quote from: sniveling on December 02, 2014, 09:46:23 PM

Quote from: fewcoins on December 02, 2014, 09:22:09 PM

Quote from: sniveling on December 02, 2014, 04:44:32 PM

Quote from: fewcoins on December 02, 2014, 04:25:10 PM

Quote from: sniveling on December 02, 2014, 04:16:40 PM

How many millions of dollars went into wallets in one month?

NONE RETARD! No matter how much went in the loss of money in bitcoin was a over $18mil loss in one month alone

Can you post a link to information that verifies your figures?

Seriously?? The picture is posted and so is the link, just calculate yourself! Nobody here does their own due diligence, it's sad

What link, and does the total value of all transaction outputs include coins that were returned to the sender as change? There are block explorers that include change returned in their output statistics.

You guys still don't get it!...
This link https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html has a bar of addresses richer than ___ above the first richest bitcoin owner.
Right now the calculation is

Addresses richer than

1 USD = 1,627,260

100 USD = 509,811

1,000 USD = 204,723

10,000 USD = 74,044

WHICH IS A HUGE JUMP FROM ONE MONTH AGO (shown in the picture on page one of this thread)
When you add up the amounts you will see that ALL THE BITCOIN IN ALL WALLETS EVERYWHERE are $18mil dollars LESS than a month ago meaning over $18mil was completely cashed out & not returning back to bitcoin! Open your eyes people this has never happened on such a massive scale before. Watch what happens when I come back to these numbers in another month & you guys are still in denial! You idiots could get hit by a brick & not even know it, smfh!

Since I wrote this article the richest bitcoiner went from 1.2% ownership to 1.6% ownership in ONE FUCKING DAY... Open you fucking eyes people before all your money is gone.

How is bitcoin ever "cashed out" of the bitcoin economy? The bitcoins are still there, if anything they have just moved from address x to address y. What does this mean? Well we can only speculate. It could simply mean that the bit-poor are selling their bitcoins TO the bit-rich and the bit-rich are just accumulating more coins.

It could also be that some of these large address are exchanges such as Bitstamp, OKCoin, Huobi, coinbase* etc and that more people are moving their coins to exchanges to trade.

If you are looking at just the fiat amount of bitcoin decreasing that could simply be from the current bitcoin price decline. For example if I own 3 bitcoins currently I would have >1000USD and I would fit in the >$1000 USD bracket. Now if bitcoin price hits $300, now I'm moved down to the >$100 bracket and if you add all of the affected people up there would appear to be less USD in each bracket when really no bitcoin movement has occurred at all (I still have my 3 bitcoins).

There are many other possibilities as well, but you cannot simply look at how many people fall into USD brackets and state that $18 million USD of bitcoin was "cashed out" of the system.

wow lmfao how can you still not get it??? THIS IS ADDING UP ALL THE WALLETS OWNED BY EVERYONE EVERYWHERE!

The movement's from address y to address x will not cause this calculation to move. $18mil is missing from bitcoin economy in total! Meaning address x to USD!!! Meaning it is gone from bitcoin. What is so hard to understand about that??? You are talking about the brackets because you are dumbs as rocks. I am talking about adding all the wallets in existence together, why is that so hard to understand? CEX,IO wallet + mining farms wallets + Tim Draper's wallet + everyone in fucking bitcoin.

There is now $18mil actual dollars less in ALL bitcoin wallets than one month ago.
The top owner went from 1.2% to 1.6% ownership in 1 day. God knows how many other wallets he own's too. Wake up people!!! You will be sorry if you keep buying!!!