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Bitcoin => Bitcoin Discussion => Topic started by: gabbie2010 on October 18, 2017, 03:53:46 PM



Title: Top 10 richest Bitcoin Addresses
Post by: gabbie2010 on October 18, 2017, 03:53:46 PM
According to this latest research showing the top 10 richest holders of bitcoin. This reinforces the fact that people still belief that the price of bitcoin will continue to rise and there is no panic selling from those holders despite the fact that the price of bitcoin is going on a dip presently.
https://dowbit.com/infographics-top-10-richest-bitcoin-addresses/


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Haitham on October 18, 2017, 04:07:51 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O


Title: Re: Top 10 richest Bitcoin Addresses
Post by: aplistir on October 18, 2017, 04:17:33 PM
According to this latest research showing the top 10 richest holders of bitcoin. This reinforces the fact that people still belief that the price of bitcoin will continue to rise and there is no panic selling from those holders despite the fact that the price of bitcoin is going on a dip presently.
https://dowbit.com/infographics-top-10-richest-bitcoin-addresses/

Several of those are bitcoin exchanges, and they hold other peoples coins in them. The "richest" addres belongs to bitfinex.
Most of those addresses do not belong to rich individuals.

Personally I think that they are crazy. If they were smart they would divide the coins to several addresses. It is safer to have multiple addresses.
If someone succeeded in emptying one address they still would not lose everything.

The only reason to have so much in one address is that it may be good publicity.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Rozita on October 18, 2017, 04:19:44 PM
Most probably these addresses don't belong to real persons. They belong to exchanges or gambling websites. Any way, I agree with you about what said about people believing in Bitcoin.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: aplistir on October 18, 2017, 04:20:03 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: mobnepal on October 18, 2017, 04:28:09 PM
Nice info-graphs on the article but it is quite hard to know how much of those bitcoin held by those top 10 holder are still accessible, because some of the early bitcoin holders/miners are already dead or have lost their private keys. On those early days many miners haven't made proper back up of their bitcoin wallets.

Didn't Satoshi have 1Million BTC? or that was bullshit :O
There is no way to prove exactly how much satoshi is holding but it is sure that all he have is not stored in only one bitcoin address so we can't track it from bitcoin richlist.  


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Gigafart on October 18, 2017, 04:32:55 PM
Thanks for sharing. That is very interesting facts about the average addresses btc total. It's a lot of rich addresses  :o


Title: Re: Top 10 richest Bitcoin Addresses
Post by: jekjekman on October 18, 2017, 04:34:05 PM
According to this latest research showing the top 10 richest holders of bitcoin. This reinforces the fact that people still belief that the price of bitcoin will continue to rise and there is no panic selling from those holders despite the fact that the price of bitcoin is going on a dip presently.
https://dowbit.com/infographics-top-10-richest-bitcoin-addresses/

question is are those addresses still being used or just left untouched for a long period of time.

Didn't Satoshi have 1Million BTC? or that was bullshit :O

It may be possible, any person is not prohibited on having several addresses you can have 1 million address with 1 BTC each.

Most probably these addresses doesn't belong to real persons. They belong to exchanges or gambling websites. Any way, I agree with you about what said about people believing in Bitcoin.

Maybe that is why it is titled as "Top 10 richest Bitcoin Addresses"

Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.

Indeed , he even suggest from the start not to reuse your addresses to maintain anonymity.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: CryForA on October 18, 2017, 04:38:33 PM
Very interesting article as for me. thank's for share. If it's not sold out before, so there is no reason to worry about.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Razick on October 18, 2017, 04:42:56 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.

So you are saying Satoshi has 20,000 Bitcoin addresses each holding 50 BTC? Dang, tat must be a lot of work to cash them out if he every wanted to. I mean imagine how long it would take. And some of the transactions might get screwed up and you just lose 50 BTC like that. Although he is a lot smarter than I am so he probably figured a way around it.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: aplistir on October 18, 2017, 04:46:44 PM
Nice info-graphs on the article but it is quite hard to know how much of those bitcoin held by those top 10 holder are still accessible, because some of the early bitcoin holders/miners are already dead or have lost their private keys. On those early days many miners haven't made proper back up of their bitcoin wallets.

For some addresses it is quite easy to know.
addresses 1, 2, 3, 5, 6 have recently been spent from, so they are accessible.

And also 7,8,9,10 have been created in 2013-2014, when bitcoin already had value and those addresses were already so valuable that keys have surely been kept safe.

Address 4 on the other hand is probably lost, because those 79957BTC have not been touched since 2011.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Pursuer on October 18, 2017, 04:49:46 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O

that is the beauty of bitcoin. the anonymity! while bitcoin is not anonymous, it is anonymous :)
Satoshi Nakamoto is like the symbol of it all. you can see first from his identity and second from not knowing how much bitcoin he owns. you can only guess. and that is what people have done, they guessed that Satoshi has 1 million bitcoin. but in reality it may be a lot less since bitcoin was open to many and they indeed mined it even for fun to test the network and see how it works.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: ahmad21 on October 18, 2017, 04:58:07 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.
Is there any concrete source to this thing? I mean bitcoin is already $5000 when does he plans to get a bit of luxury in life. Is he waiting for a time when he can buy everything just by transferring bitcoin?


Title: Re: Top 10 richest Bitcoin Addresses
Post by: leex1528 on October 18, 2017, 04:59:32 PM
I am very confused by this...

It says the richest address has 158BTC in there.  Then right below it, it says that 1718 accounts have 1000 BTC or more.  How does one of them not have more than 158?  I am probably missing something extremely obvious but was very confused by this.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: aplistir on October 18, 2017, 05:00:47 PM
that is the beauty of bitcoin. the anonymity! while bitcoin is not anonymous, it is anonymous :)
Satoshi Nakamoto is like the symbol of it all. you can see first from his identity and second from not knowing how much bitcoin he owns. you can only guess. and that is what people have done, they guessed that Satoshi has 1 million bitcoin. but in reality it may be a lot less since bitcoin was open to many and they indeed mined it even for fun to test the network and see how it works.

There have been some really good quesses:
https://bitcointalk.org/index.php?topic=507458.0 (https://bitcointalk.org/index.php?topic=507458.0)
That pattern makes it possible to know which coins are highly likely Satoshis coins.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Lipe490 on October 18, 2017, 05:31:47 PM
All I can think seeing those adress is that the first must belong to Nakamoto . But then I remember that the exchanges hold tons of bitcoin of their users, so these btc adresses must be from them. Now what I don't get is why this guy or enterprise have such a number like this in one adress. I would be so afraid to be stolen that I wouldn't even sleep at night, but guess what? being anonymous is the best thing from Bitcoin and cryptos. Thanks for listing this, I've been curious about that since I started using bitcoin.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: lite on October 18, 2017, 05:40:57 PM
I am very confused by this...

It says the richest address has 158BTC in there.  Then right below it, it says that 1718 accounts have 1000 BTC or more.  How does one of them not have more than 158?  I am probably missing something extremely obvious but was very confused by this.
I don't see that in the infographics!! the richest address contains 158262 BTC and it's bitfinex's cold wallet address. probably few other addresses in top lists are exchangers cold wallet!


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Jombitt on October 18, 2017, 05:46:57 PM
According to this latest research showing the top 10 richest holders of bitcoin. This reinforces the fact that people still belief that the price of bitcoin will continue to rise and there is no panic selling from those holders despite the fact that the price of bitcoin is going on a dip presently.
https://dowbit.com/infographics-top-10-richest-bitcoin-addresses/

How i wish that i own any one of the top 10 richest bitcoin address. Anyway i think that top 10 bitcoin address is not only belong to a single person and it is owned by a group of organization,gambling site or an exchange. Is satoshi nakamoto the owner of the top 1 richest bitcoin address? Wow! Thats 850 000 000 $ in fiat value.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: stompix on October 18, 2017, 05:50:17 PM
Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.

So you are saying Satoshi has 20,000 Bitcoin addresses each holding 50 BTC? Dang, tat must be a lot of work to cash them out if he every wanted to. I mean imagine how long it would take. And some of the transactions might get screwed up and you just lose 50 BTC like that. Although he is a lot smarter than I am so he probably figured a way around it.

Why would it take a long time to cash out?
He can send roughly 6000 transaction in a block according to this:
https://bitcointalk.org/index.php?topic=1782523.msg17777814#msg17777814
So he's just going to wait for 4 or 5  blocks.
Once they hit the exchange it doesn't matter if he has 50 000 or 100 000 or 1000000 cause no current exchange has walls with 50k above 10$.

I am very confused by this...

It says the richest address has 158BTC in there.  Then right below it, it says that 1718 accounts have 1000 BTC or more.  How does one of them not have more than 158?  I am probably missing something extremely obvious but was very confused by this.

It says 158 262.

Didn't Satoshi have 1Million BTC? or that was bullshit :O

Satoshis untouched addresses DO have about million coins in them, but they are not in one address.

Those coins are in many addresses, each of them holding "only" 50BTC

Satoshi has never moved any of them. except in the beginning on January 2009 to test if everything works properly.
Is there any concrete source to this thing? I mean bitcoin is already $5000 when does he plans to get a bit of luxury in life. Is he waiting for a time when he can buy everything just by transferring bitcoin?

There is only one single way to approximate the coins satoshi holds and only the minimum.
That if he still has access to the coins.
Take the period when we know he was solo mining and calculate all the blocks left untouched.
That number is close to 1 million if I remember correctly.



Title: Re: Top 10 richest Bitcoin Addresses
Post by: Pursuer on October 18, 2017, 05:50:44 PM
that is the beauty of bitcoin. the anonymity! while bitcoin is not anonymous, it is anonymous :)
Satoshi Nakamoto is like the symbol of it all. you can see first from his identity and second from not knowing how much bitcoin he owns. you can only guess. and that is what people have done, they guessed that Satoshi has 1 million bitcoin. but in reality it may be a lot less since bitcoin was open to many and they indeed mined it even for fun to test the network and see how it works.

There have been some really good quesses:
https://bitcointalk.org/index.php?topic=507458.0 (https://bitcointalk.org/index.php?topic=507458.0)
That pattern makes it possible to know which coins are highly likely Satoshis coins.

very interesting topic, thanks.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: leex1528 on October 18, 2017, 06:15:44 PM
ah.....

Thanks for that, told you I was probably missing something obvious.  I thought it was 158.123 or whatever the value was.  People need to use commas!!!


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Taki on October 18, 2017, 06:23:05 PM
Most probably these addresses don't belong to real persons. They belong to exchanges or gambling websites. Any way, I agree with you about what said about people believing in Bitcoin.
Must be so. Some of those addresses simply may belong to one exchanger or casino. I doubt that they are holding their money on one wallet, it is just not safe.


Title: Re: Top 10 richest Bitcoin Addresses
Post by: Timoteus on October 20, 2017, 07:42:22 PM
My address will be next