Post
Topic
Board Speculation
Re: OVER $18 MILLION DOLLARS OUT OF WALLETS IN ONE MONTH!!!
by
HotHamHock
on 03/12/2014, 17:13:27 UTC
You're dumb as rocks lmfao... Market cap is far from what we are talking about here. Market cap is how many coins in existence X the current exchange rate which is a suckers way to calculate in the Bitcoin market because exchange rate is very very far from actual price. We are calculating the amount of bitcoins in all wallets and putting it into the same dollar terms as a month ago, Why do people keep talking about a lower exchange rate being the cause of this?HuhHuh

...
Nobody forgot the wallets under $1... Maybe you idiots did but I calculated ALL the amounts in ALL the wallets.

Since everyone here seems to be misunderstanding what you're trying to explain, try showing your calculations and backup your claim with specific figures.

btw; the richest bitcoin address didn't just go from 1.2% to 1.6%, it was a new address that received the 1.6% on the same day of its creation. If you follow the transaction that funded that address, you'll find that the funds almost assuredly belong to Bitstamp. The same bitcoin was moved about 1 year ago with Bitstamp claiming it to have been an audit.