Bitcoin Forum

Economy => Speculation => Topic started by: jasonjm on March 12, 2016, 12:33:14 AM



Title: big accounts continue coin accumulation
Post by: jasonjm on March 12, 2016, 12:33:14 AM
top 100 accounts had 6 268 000 coins in early January

total as of today is 6 550 000 coins



Title: Re: big accounts continue coin accumulation
Post by: Yakamoto on March 12, 2016, 12:37:51 AM
Rich get richer, poor get poorer.

What are the sources for this, and how many addresses are the coins distributed across? I'd find that a bit more informative than just knowing that the biggest accounts have 6.55m Bitcoin.


Title: Re: big accounts continue coin accumulation
Post by: jasonjm on March 12, 2016, 12:43:26 AM
the source is blockchain, and obviously the top 100 addresses are included only.

you can speculate as to why the coins are in those top 100 addresses, but you cannot speculate as to whether the number of coins has increased, that is fact.



Title: Re: big accounts continue coin accumulation
Post by: --Encrypted-- on March 12, 2016, 01:07:39 AM
the source is blockchain, and obviously the top 100 addresses are included only.

you can speculate as to why the coins are in those top 100 addresses, but you cannot speculate as to whether the number of coins has increased, that is fact.


can you link to the source or explain how you get it? bitcoinrichlist (http://www.bitcoinrichlist.com/top100) only shows 3,047,804BTC. and some of them are probably cold wallets of exchanges.


Title: Re: big accounts continue coin accumulation
Post by: European Central Bank on March 12, 2016, 01:12:19 AM
And when you consider that the sharper cookies split their coins across multiple addresses we're drowning in whales.


Title: Re: big accounts continue coin accumulation
Post by: Zeke2345 on March 12, 2016, 01:15:48 AM
Would love to see this confirmed. If this is factual, bitcoin is not actually destroying the elite, its actually just adding people to it.
The whole idea of bitcoin seems to get lost when profit factors in.


Title: Re: big accounts continue coin accumulation
Post by: European Central Bank on March 12, 2016, 01:16:51 AM
The elite is the elite no matter what happens. They're like the stars. They'll never go away. That's why they're the elite.


Title: Re: big accounts continue coin accumulation
Post by: BellaBitBit on March 12, 2016, 01:35:22 AM
How many of those addresses do you think are someones 2nd and 3rd addresses, meaning what is your guess on the amount of actual people compared to addresses in that pool?


Title: Re: big accounts continue coin accumulation
Post by: kwukduck on March 12, 2016, 03:46:48 AM
The distribution of wealth will always be unequal. Even if you give every person in the world the same amount of money it will end up distributed very unequal.
Some people just know how to offer services and products that others want. The masses will consume like sheep without ever investing in themselves or the society they live in.


Title: Re: big accounts continue coin accumulation
Post by: talks_cheep on March 12, 2016, 04:06:25 AM
I have only about 100 coins, split across 200 addresses. I'm paranoid like that.


Title: Re: big accounts continue coin accumulation
Post by: pooya87 on March 12, 2016, 04:19:14 AM
many of those addresses in the top 100 of blockchain.info are cold storage for some services like big exchangers, gambling sites and like that so you can't speculate with that information.

but apart from that, the accumulation has been going on for a long time now. it has started around $200 and all the whales and little fishes like me have been accumulating bitcoin for 2016 big pump yet to to come.


Title: Re: big accounts continue coin accumulation
Post by: Pitchblackroom on March 12, 2016, 04:23:31 AM
And when you consider that the sharper cookies split their coins across multiple addresses we're drowning in whales.

Bitcoin is a whale market already, there are a lot of people who are able to manipulate the market with 500-600 Bitcoin and with all of the FUD and other shill information, we really don't know where Bitocin will go in the next few months. besides seeing that ETH has reached that Billion Dollar Market Cap.


Title: Re: big accounts continue coin accumulation
Post by: Soros Shorts on March 12, 2016, 04:33:48 AM
How many of those addresses do you think are someones 2nd and 3rd addresses, meaning what is your guess on the amount of actual people compared to addresses in that pool?

Yeah, and how many addresses are shared addresses. You know, where the whole hippie commune share a single Bitcoin address.


Title: Re: big accounts continue coin accumulation
Post by: Alley on March 12, 2016, 04:34:14 AM
Any smart investor is accumulating all the way to the halving.  Then reevaluate after.  


Title: Re: big accounts continue coin accumulation
Post by: nostal02 on March 12, 2016, 06:47:42 AM
Any smart investor is accumulating all the way to the halving.  Then reevaluate after.  

True,they are the only ones who are getting rich because of the amount of bitcoin they are accumulating.
Specially the whales and chinese miners who cant wait for the halving to come.


Title: Re: big accounts continue coin accumulation
Post by: Amph on March 12, 2016, 07:31:57 AM
The distribution of wealth will always be unequal. Even if you give every person in the world the same amount of money it will end up distributed very unequal.
Some people just know how to offer services and products that others want. The masses will consume like sheep without ever investing in themselves or the society they live in.

this because we are too many, and it's a way the econimc tell us that many are not needed here

that's why you have an unbalanced distribution for everything


Title: Re: big accounts continue coin accumulation
Post by: 1Referee on March 12, 2016, 08:48:03 AM
Any smart investor is accumulating all the way to the halving.  Then reevaluate after.  

The smartest investors have been accumulating coins while the price was stuck at sub $300 prices for such a long time.


Title: Re: big accounts continue coin accumulation
Post by: gkv9 on March 12, 2016, 08:47:45 PM
This will even get worse when time will come that these accounts will already have more than 50% of total coins accumulated anyhow, and during that time, BTC will be on the verge of destruction as either people will buy BTC at the rates these guys would want to sell them, or it will be completely out of interest for everyone and everyone will leave...


Title: Re: big accounts continue coin accumulation
Post by: bit1 on March 12, 2016, 09:30:37 PM
If one of them drop the bag just insurance market better than they continue to accumulate, Or who knows because if one throws the bag another people surely lift the bag quickly.


Title: Re: big accounts continue coin accumulation
Post by: JavaLove on March 13, 2016, 01:50:17 AM
Problem is you can't have socialism in something like Bitcoin. And that's a damn good thing, too.

We don't need added taxes for transactions, or payments simply because we earn more than you (and thus work harder than you).

Bitcoin is not centralized and is completely anonymous. Chances are, those addresses are either shared, or even owned by big banks (such as blockchain or coinbase) and sometimes even exchanges. In that case, the money is still dispersed just appearing on one address.

I definitely don't own any amount near that, in real life or with Bitcoin, but I strive to keep working hard. The rich have earned their money fairly. EVEN if they inherited it from generations ago, they worked for it. Respect that.

In bitcoin you can already get free money by playing on faucets, and because the currency is so volatile, you can earn a huge return on small investments. Please don't say that the addresses are owning more is a bad thing. You don't know the scenario and, honestly, you should just try and work your way up if you want to be as rich as they are -- not trying to take their money away through taxes.


Title: Re: big accounts continue coin accumulation
Post by: cooldgamer on March 13, 2016, 03:27:15 AM
How do we know that one person owns those coins simply by addresses with a lot of money in them?  There's plenty of exchanges and services out there, and all the smart ones are using cold storage.  That means what may appear to be a 'whale' is just the pooling of hundreds of user's money. 


Title: Re: big accounts continue coin accumulation
Post by: btcxyzzz on March 13, 2016, 12:37:26 PM
top 100 accounts had 6 268 000 coins in early January

total as of today is 6 550 000 coins

That is explaining strong price with such bad fundamentals.... Shaking off the weak hands. Obviously whales are on Blockstream/Core side, I just don't know why. They will all be smashed by Ethereum. Bitcoin is done.


Title: Re: big accounts continue coin accumulation
Post by: JosNekoKopa on March 13, 2016, 01:38:07 PM
Stories about first 10 or 100 biggest wallets are just speculations, we don't have a clue who owns them.
And we should watch different markers for good predictions of future price, this one is false.


Title: Re: big accounts continue coin accumulation
Post by: Denker on March 13, 2016, 01:54:53 PM
top 100 accounts had 6 268 000 coins in early January

total as of today is 6 550 000 coins

That is explaining strong price with such bad fundamentals.... Shaking off the weak hands. Obviously whales are on Blockstream/Core side, I just don't know why. They will all be smashed by Ethereum. Bitcoin is done.

Oh damn!
So you say Bitcoin is dead?
Again?
Ok. Please submit your obituary here --https://99bitcoins.com/submit-obituary-3/ (https://99bitcoins.com/submit-obituary-3/)>
Thanks!