Bitcoin Forum

Other => Beginners & Help => Topic started by: BitPappa on May 12, 2013, 08:52:29 PM



Title: How rich are the richest Bitcoiners?
Post by: BitPappa on May 12, 2013, 08:52:29 PM
I have to assume there are tons of early adopters who mined and/or accumulated Bitcoins when it was much less valuable than it is today. Out of pure curiosity, does anyone knowledgeable have guesstimates:
1) How many Bitcoins do some of the richest Bitcoiners have?
2) How many Bitcoiners have accumulated more than $1 Million U.S. dollars?
If you have any other interesting knowledge along these lines, I find the topic fascinating...


Title: Re: How rich are the richest Bitcoiners?
Post by: joakof2 on May 12, 2013, 09:26:25 PM
I have no idea, if a have a to make a guess, should be a miner o the guy owning the mt.gox


Title: Re: How rich are the richest Bitcoiners?
Post by: Kruncha on May 12, 2013, 09:34:15 PM
This will give you an indicator http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/ (http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/)

It has a few annoying adds though...

K.


Title: Re: How rich are the richest Bitcoiners?
Post by: BitPappa on May 12, 2013, 09:40:38 PM
Nice find!

This will give you an indicator http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/ (http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/)



Title: Re: How rich are the richest Bitcoiners?
Post by: BtcBling on May 12, 2013, 09:43:40 PM
Dont know, but you will be one of those "rich" if you start investing asics now and upgarde continuosuly and save all of your bitcoins... until, letīs say you have 1000+btc. Let it take few years, meanwhile btc value increases against usd etc. and whoops... after five years you have at least few millions usd worth of btc - I guess actaully 1000 btc will be then more likely worth of 10.000.000 usd. So, nice hobby(!) And nothing so unsure as this...


Title: Re: How rich are the richest Bitcoiners?
Post by: tradebot on May 12, 2013, 09:48:04 PM
Dont know, but you will be one of those "rich" if you start investing asics now and upgarde continuosuly and save all of your bitcoins... until, letīs say you have 1000+btc. Let it take few years, meanwhile btc value increases against usd etc. and whoops... after five years you have at least few millions usd worth of btc - I guess actaully 1000 btc will be then more likely worth of 10.000.000 usd. So, nice hobby(!) And nothing so unsure as this...

If gov decide to forbidem the BTC value will cost 1 dollars


Title: Re: How rich are the richest Bitcoiners?
Post by: saudibull on May 12, 2013, 09:50:04 PM
Dont know, but you will be one of those "rich" if you start investing asics now and upgarde continuosuly and save all of your bitcoins... until, letīs say you have 1000+btc. Let it take few years, meanwhile btc value increases against usd etc. and whoops... after five years you have at least few millions usd worth of btc - I guess actaully 1000 btc will be then more likely worth of 10.000.000 usd. So, nice hobby(!) And nothing so unsure as this...

If gov decide to forbidem the BTC value will cost 1 dollars
One single government cannot outlaw bitcoin as it is a worldwide cryptocurrency, all governments would have to ban it -


Title: Re: How rich are the richest Bitcoiners?
Post by: MiningUnited on May 12, 2013, 09:55:30 PM
Everyone who transferred large BitCoins in the beginning (100-1,000) to buy items and 'pizza' are kicking themselves in the ass right now.


Title: Re: How rich are the richest Bitcoiners?
Post by: BtcBling on May 12, 2013, 09:56:11 PM
Dont know, but you will be one of those "rich" if you start investing asics now and upgarde continuosuly and save all of your bitcoins... until, letīs say you have 1000+btc. Let it take few years, meanwhile btc value increases against usd etc. and whoops... after five years you have at least few millions usd worth of btc - I guess actaully 1000 btc will be then more likely worth of 10.000.000 usd. So, nice hobby(!) And nothing so unsure as this...

If gov decide to forbidem the BTC value will cost 1 dollars
One single government cannot outlaw bitcoin as it is a worldwide cryptocurrency, all governments would have to ban it -
I guess as bitcoin gets adopted some govs regulates and adptes it in laws, however bitcoin will be very much unregulated as it will be actually up to users if they will wipe their as* with law and use bitcoins as they wish. And as it is world currency what one or many gov does - it does not matter too much as we have 2billion people alone in Asia just waiting for get introduced what bitcoin is.


Title: Re: How rich are the richest Bitcoiners?
Post by: BtcBling on May 12, 2013, 10:01:11 PM
Everyone who transferred large BitCoins in the beginning (100-1,000) to buy items and 'pizza' are kicking themselves in the ass right now.

Yes, it is funny / desperate to think that someone have paid 10.000btc for pizza... I was just today thinking about that... however, actually better not to think so. Value was much different than now and very early times... somehow weīre now still at very early stage, so make sure you think how to use. I think better to save btc and just wait. Might be jackpot or just nice ride!


Title: Re: How rich are the richest Bitcoiners?
Post by: mt_bird on May 12, 2013, 10:22:31 PM
Everyone who transferred large BitCoins in the beginning (100-1,000) to buy items and 'pizza' are kicking themselves in the ass right now.
This early spending may have been necessary. Bitcoin might be where it is today if the very early adopters had all decided to hoard their coins.


Title: Re: How rich are the richest Bitcoiners?
Post by: BtcBling on May 12, 2013, 10:31:15 PM
Everyone who transferred large BitCoins in the beginning (100-1,000) to buy items and 'pizza' are kicking themselves in the ass right now.
This early spending may have been necessary. Bitcoin might be where it is today if the very early adopters had all decided to hoard their coins.
Actually very good point - however, I think generally people will just use btc - and not for saving... which is just what is needed for mass adoption. There are some investors and miners etc who understand the potential future value, but luckily only "few" ;)


Title: Re: How rich are the richest Bitcoiners?
Post by: yacoin on May 13, 2013, 12:05:38 AM
Ewh! That's a shitload of bitcoins.


Title: Re: How rich are the richest Bitcoiners?
Post by: btcpenghu on May 13, 2013, 12:36:56 AM
definitely more than i have..


Title: Re: How rich are the richest Bitcoiners?
Post by: Incogious on May 13, 2013, 12:41:00 AM
Makes me jealous, I need more Bitcoin.


Title: Re: How rich are the richest Bitcoiners?
Post by: BitshireHashaway on May 13, 2013, 12:43:27 AM
I have to assume there are tons of early adopters who mined and/or accumulated Bitcoins when it was much less valuable than it is today. Out of pure curiosity, does anyone knowledgeable have guesstimates:
1) How many Bitcoins do some of the richest Bitcoiners have?
I would guess in the 10s of thousands though I don't think really anyone has 100,000+ maybe a company though.

2) How many Bitcoiners have accumulated more than $1 Million U.S. dollars?
Several though not to many because very few people have been here since the beginning, who bought a lot at the beginning and held it the entire time. You'd have to be a true believer for that.

If you have any other interesting knowledge along these lines, I find the topic fascinating...
I do too :)


Title: Re: How rich are the richest Bitcoiners?
Post by: coinerer on May 13, 2013, 01:01:12 AM

This time next year weīll be millcoinairs! :)

Greetings from Peckham! :)

Trotter Independant CoinTraders


Title: Re: How rich are the richest Bitcoiners?
Post by: darkmule on May 13, 2013, 01:10:04 AM
Those are just addresses.  Multiple addresses could belong to the same person, and it is possible some of those larger addresses are businesses addresses held by the larger exchanges.  (I haven't gone through and looked at them to see if they're "famous" other than having lots of BTC.)

It's somewhat more interesting to know who actually holds BTC.  The Winklevoss Twins are probably the most famous previously wealthy BTC holders, but it's possible others, like Kim Dotcom or even more old school businesspeople like Bill Gates have some number of them.  People like that would prefer to acquire a quantity clandestinely, when the price is low, then reveal themselves as heavy BTC investors just because their name alone would drive the price up.


Title: Re: How rich are the richest Bitcoiners?
Post by: bitbuilder on May 13, 2013, 03:35:57 AM
Well, the Winklevoss twins own a ton. Also, you better believe that Satoshi is sitting on a huge nest egg.


Title: Re: How rich are the richest Bitcoiners?
Post by: isaf00 on May 13, 2013, 04:14:33 AM
Makes you wish you could have started mining when it had started out


Title: Re: How rich are the richest Bitcoiners?
Post by: Lethn on May 13, 2013, 04:21:48 AM
I find mining fucking tedious, I'd much rather sell stuff for Bitcoins and have fun on my computer and be known for that rather than talk about how many hashes I'm doing all day :P I think miners are becoming the new financial traders sometimes. If I were rich, I wouldn't let something like the blockchain show exactly how many Bitcoins I have and I'd transfer my stuff if I ever needed to in small amounts so it wouldn't be so easy to notice.


Title: Re: How rich are the richest Bitcoiners?
Post by: Bitvik on May 13, 2013, 06:24:05 PM
Wouldn't be surprised if Satoshi himself owns the largest bitcoin block. Anyone smart enough to create this revolutionary currency model would certainly be prescient enough to acquire the most bitcoins at the earliest stages and just allow time and the bitcoin model adoption to evolve and work for him. Would be interesting to track any sub-transactions related to that largest bitcoin block to see where bitcoins have been spent.


Title: Re: How rich are the richest Bitcoiners?
Post by: darkmule on May 13, 2013, 06:59:38 PM
Wouldn't be surprised if Satoshi himself owns the largest bitcoin block. Anyone smart enough to create this revolutionary currency model would certainly be prescient enough to acquire the most bitcoins at the earliest stages and just allow time and the bitcoin model adoption to evolve and work for him. Would be interesting to track any sub-transactions related to that largest bitcoin block to see where bitcoins have been spent.

The earliest blocks would all be the same size:  50 BTC.

As for the ones after the genesis block, it's easy enough to see where they went (or didn't go) on the blockchain.


Title: Re: How rich are the richest Bitcoiners?
Post by: Constantinex13 on May 13, 2013, 07:53:23 PM
also, think about the investment sunk into btc mining. Makes me wonder how much an early asic board cost vs. it's estimated roi. nuts.


Title: Re: How rich are the richest Bitcoiners?
Post by: buddrulez on May 13, 2013, 10:20:03 PM

This time next year weīll be millcoinairs! :)

Greetings from Peckham! :)

Trotter Independant CoinTraders

Lol good work del boy!


Title: Re: How rich are the richest Bitcoiners?
Post by: currencycrypt on May 13, 2013, 11:23:34 PM
I really wonder how rich some of the earliest miners got. I myself got into the game pretty early and my winnings most likely pale in comparison.


Title: Re: How rich are the richest Bitcoiners?
Post by: Dasneko on May 14, 2013, 12:32:24 AM
Thats allot of mining i have to do hehe... *sighs*


Title: Re: How rich are the richest Bitcoiners?
Post by: bitcointrader55 on May 14, 2013, 12:52:22 AM
they're millionaires by the least.


Title: Re: How rich are the richest Bitcoiners?
Post by: tinus42 on May 14, 2013, 12:55:57 AM
I read about Bitcoin last year and I'm kicking myself not looking into it back then. I still bought my first bitcoin in January when the price was 14 euro's. Hope it's not too late for a nice bit of accumulation and I'll try to get some more even though I don't have much money. That first bitcoin is resting in a paper wallet at a secure location. So I will always still have some.


Title: Re: How rich are the richest Bitcoiners?
Post by: bitcointrader55 on May 14, 2013, 12:57:52 AM
I read about Bitcoin last year and I'm kicking myself not looking into it back then. I still bought my first bitcoin in January when the price was 14 euro's. Hope it's not too late for a nice bit of accumulation and I'll try to get some more even though I don't have much money. That first bitcoin is resting in a paper wallet at a secure location. So I will always still have some.

Prices are still cheap now. In 5 years, it will be 1,000+


Title: Re: How rich are the richest Bitcoiners?
Post by: YABTCLover on May 16, 2013, 01:42:55 AM
Here is another list with richest addresses from Jan 2013: https://en.bitcoin.it/wiki/Bitcoin_Ladder#Top_addresses
 :D


Title: Re: How rich are the richest Bitcoiners?
Post by: QuestForContent on May 16, 2013, 02:07:22 AM
Thought this article might prove interesting to you folks:

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/


Title: Re: How rich are the richest Bitcoiners?
Post by: scab on May 16, 2013, 03:07:31 AM
Isnt it the Wiklevoski twins (however you spell there last name) that are the richest? I heard the own something like 1 % of bitcoin economy :o


Title: Re: How rich are the richest Bitcoiners?
Post by: CryptoWallets.org on May 16, 2013, 03:09:23 AM
Isnt it the Wiklevoski twins (however you spell there last name) that are the richest? I heard the own something like 1 % of bitcoin economy :o

I think Satoshi still has like 10%, I could be wrong though.


Title: Re: How rich are the richest Bitcoiners?
Post by: kaddyd on May 16, 2013, 04:56:19 AM
I think Satoshi still has like 10%, I could be wrong though.
There was topic (https://bitcointalk.org/index.php?topic=175996.0) with some approvements that Satishi has about 1148800 BTC now.


Title: Re: How rich are the richest Bitcoiners?
Post by: EBM on May 16, 2013, 05:02:54 AM
Satoshi *is* Bitcoin, owns roughly $100m-worth of BTC. (Which, we would submit, he fully deserves. BTC is a brilliant, brilliant concept and now a $1.4Bn economy. Zuck owns far more than 10% of FB, for example - and that's not in the same ballpark for world-changing ingenuity. There will be Economics PhDs about Bitcoin.)

Talking of FB, the Winklevii have approx $12m-worth of BTC, mainly bought when prices were in low double-figures. Smart kids.