How people can have so much BTC in their wallet?

[tyz]

Bitcoin was never worth 1400 euros. Maximal value in Euros was around 1050.

I still know a couple of people who didn't sell their "old bitcoins" in the last bump which went with around 1400 eur per bitcoin, so they are still keeping 100+ bitcoins just as a security, they don't have to pay taxes on them, they don't need the money and they are slowly spending it.

I would personally sell that amount next time it reaches 1000+ eur, but overall I would do the same, just keep it until it makes sense to sell it.

@OP: 10-30 Bitcoins is actually not much, it is between 10-30k USD. This is the price of an average car. There are also many account with 1000+ Bitcoins and the most of them were early adopters. There was a time when you could easily mine blocks with your average-joe computer rewarded with 50 Bitcoins each. Also, there were times where you could get 10-20 Bitcoins for each faucet request. This is no longer imaginable today, but this was at times when Bitcoin was only worth a few pennies.

[rvbtccom]

Hello, bitcoin wallet now is more and better then an bank account because there is no monthly and high fees there is  limits in the wallet
so people choose bitcoin wallet as an account to storage big amount of money as anonymous
and other people have many btc because investisment ib bitcoin
also mining  bitcoin is very profitable
and there is other people how play in gambling with big amount of btc
others prefer trading forex with bitcoin
all this people use bitcoin wallet so have so much btc and ful wallets

[fitty]

Hello, bitcoin wallet now is more and better then an bank account because there is no monthly and high fees there is  limits in the wallet
so people choose bitcoin wallet as an account to storage big amount of money as anonymous
and other people have many btc because investisment ib bitcoin
also mining  bitcoin is very profitable
and there is other people how play in gambling with big amount of btc
others prefer trading forex with bitcoin
all this people use bitcoin wallet so have so much btc and ful wallets

Well I believe yes. Bitcoin is better than banks. It is because of the fluctuation of Bitcoins Price which make them profit from their money. Unlike banks, they are only providing like 2.5-3% interest ANNUALLY. And yeah, they are storing bitcoin in their wallet since they have an investment in bitcoin  community such as trading and etc. In terms of Gambling. Some people have 10-50 BTC capital in Gambling. They are those persons who are always seen in the HR Tab. Well I think those are the rich ones, I can't afford to loose like 1BTC just in Gambling 

[angaper]

These days, when the price of bitcoin is above the $1000 mark is really difficult for newcomers to see their wallets with huge amounts of bitcoins unless they have enough capital to invest huge. But most bitcoiners with great wallets have been early adopters or have been fortunate in trading, businesses or gambling, in my opinion.

[senyorito123]

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

It's normal, some people have a lot of bitcoins as you said 20 btc or more in their wallets. 70% or maybe more of them, who bought coins when bitcoin price is still too low, under 10$ or 20$. So they save them until now. or their is other who scams, for exemple in Mining sites and they claim a lot of bitcoins.

nope i don't think the people who bought bitcoins for the past 10$ to 20$ are still holding their bitcoins for now since i believe that they sold it already and earned millions of dollars with it, but what i think is the people who have that is business minded,traders nor people who do special service online and they do earning for more with their bitcoin ventures.