A Bitcoin Address with 782,000 BTC Moved Through It

Re:A Bitcoin Address with 782,000 BTC Moved Through It by smtddr on Tuesday February 25, 2014 @08:51AM (#7297562)

So... for those that might not know how to read the blockchain.info site, this isn't 782,000 BTC moved today.

That's the total amount the address has ever been exposed to, ever. As you scroll down you'll see red arrows and green arrows, along with dates. Red = withdraws from the address, and green = deposits into the address. You can see the dates and note this is just an address that's been doing business(whatever that is) for awhile now. You see the pagination at the bottom and can view history for at least a year back.

In short, this isn't news. It's people who are angry looking for a target. Don't let this be a repeat of SheepMarketPlace fiasco... http://www.theguardian.com/technology/2013/dec/09/recovering...

You can't catch bitcoin thieves this way. They need to make some other mistake somewhere else outside of blockchain world.

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by weavie on Tuesday February 25, 2014 @09:33AM (#7297766)

What are the Public Note: sections in the blockchain about?

One of the transactions from this account traces down to this address (https://blockchain.info/address/16cou7Ht6WjTzuFyDBnht9hmvXyt...) that contains 53,000 BTC. Transactions into this account have Public Notes saying things like

- Worth a shot. My sis really is dying man. https://www.facebook.com/MySisterHasCancer. Debts around 310,000.00 now. I dont get it, its nothing to you..

- I am from Russia. Help to buy a house. I need 100 BTC. 1MEmKEuJxXT71UgRCAhDpjDpYWSMSNcgKp I would be grateful :) Would century are numbered ;)

- I am a Chinese college students, I have a loving father, but I can not help him, he needs to do heart bypass surgery, I can not help him, because the cost of 100,000 or so needed, please help me, lifelong You pray Thank you!

Any ideas what that's all about?

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by smtddr on Tuesday February 25, 2014 @10:27AM (#7298057)

Just random people begging for money; trying their luck.

https://blockchain.info/wallet/website-faq

Scroll to the very bottom.

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by matteyes on Tuesday February 25, 2014 @10:35AM (#7298117)

I'm not really familiar with how all these annotations work, but that is spam, no? There are a few references to casions. One message about a "SR mixer" where BTC owners send an amount to a certain address to have it mixed and returned (which I don't trust a bit). It looks to me--though as I said, I may be misunderstanding it--that this account is engaged in some light BTC phishing?

edit: oh, yup. misunderstanding. Those are transaction to the wallet, presumably because this wallet is so obviously well-heeled.

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by ok_craig on Tuesday February 25, 2014 @09:10AM (#7297647)

The fact that it wasn't all moved today does not mean it isn't related. The theft was due to a leak that happened over a long period of time. The transactions to this address start in April of 2012. That is entirely consistent with the theft. 740k worth of transactions in one day would make it a less likely candidate for being related.

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[deleted]

Re:A Bitcoin Address with 782,000 BTC Moved Through It by eli on Tuesday February 25, 2014 @09:39AM (#7297788)

Why would you even suggest doing something that you believe to be illegal and unethical?

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by ok_craig on Wednesday February 26, 2014 @12:42AM (#7303150)

I don't understand. What was I suggesting?

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Re:A Bitcoin Address with 782,000 BTC Moved Through It by mcv on Tuesday February 25, 2014 @09:04AM (#7297617)

Yeah, it could be just a coincidence that the total amount matches the amount stolen from Mt. Gox. Or it could be the culprit.

Is it possible to verify whether this came from Mt. Gox? And Whether it matches the transactions that were messed with?

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