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Author Topic: The owner of the largest number of bitcoins  (Read 175 times)
Artkuz (OP)
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March 08, 2018, 11:12:30 AM
 #1

To date, 14.75 million bitcoins out of 21 million, identified as the unchangeable limit of their number, have already been extracted. Who owns most of the currency? There are several names on hearing.

1.One of them is the twin brothers Wickwosses, who in 2013 bought bitcoins for $ 11 million at the rate of $ 120 per 1 BTC. Since then, Bitcoin has lost in value only twice;
2.One of the biggest owners of bitcoins in the history of crypto currency was Ross Ulbricht (Ross Ulbricht), who earned huge sums on commissions for transactions on a scandalously known underground market;
3.Bitcoin Investment Trust bought most of BTC at the second auction;

There are still hidden in the veil of the mystery of the coin of Satoshi Nakamoto. The real number of coins is unknown to anyone, and they have not been in circulation since the disappearance of their creator in 2011. During 2009 (the first year of mining), more than 1.5 million coins were created, and there are opinions that a large part of them was controlled by Nakamoto. The withdrawal of these coins into circulation can lead to a great panic in the market.

Anyway, in fact, it's not so important who controls most of the bitcoins. It seems that the more the number of currency holders, the more difficult it will be for individual subjects to collect large sums, and this can protect the price in case one of them decides to leave the market.
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March 08, 2018, 11:16:50 AM
 #2

1. One of them is the twin brothers WickwossesWinklevoss - fixed it for you
2. If I remember it correctly, Ross Ulbricht's bitcoins were seized by the feds. So, no. Not on the richlist.

But yea, based on the Bitcoin Richlist chart[1], the #1 on the list would be Bitfinex. Though they're not really the richest, as this is the money of their users, but it's just that their wallet holds the most BTC.


[1] https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

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March 08, 2018, 03:51:28 PM
 #3

You forgot Tim Draper and many such people who bought bitcoins from the US government at auctions. Roger Ver also has lots of bitcoins. Plus there are so many people buying large quantities of bitcoins OTC.

 
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March 08, 2018, 10:27:24 PM
 #4

Charlie Shrem and Barry Silbert as well. These are just people that have the biggest KNOWN stakes...
pooya87
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March 09, 2018, 04:36:41 AM
 #5

To date, 14.75 million bitcoins out of 21 million,
it is 16.9 million

Quote
Who owns most of the currency?
that is something that you will never know. you can make guesses all you want but they will always remain guesses.

Quote
Anyway, in fact, it's not so important who controls most of the bitcoins.
then would you mind explaining the purpose of this topic?

Quote
It seems that the more the number of currency holders, the more difficult it will be for individual subjects to collect large sums, and this can protect the price in case one of them decides to leave the market.
it has nothing to do with how much how many people hold. it is about the price. the same people who are holding large sums of bitcoin have been doing it for years. majority of them have bought bitcoin or mined it back when price of it was extremely low, like lower than $100.
it is hard only if they are not willing or capable of paying the price for bitcoin as its price is rising so now it is going to cost a lot more to own 100 bitcoins than it would have cost last year or the year before that and so on. and it is going to continue being like this and it will become harder just because price is rising not because some people may or may not hold large amounts of bitcoin!

and if any one of them decided to sell at some point, it will simply be absorbed by the market.

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HabBear
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March 09, 2018, 05:11:34 AM
 #6

2. If I remember it correctly, Ross Ulbricht's bitcoins were seized by the feds. So, no. Not on the richlist.

So we should add the US Federal Bureau of Investigation as one of the largest "hodlers" of Bitcoin? haha. I do remember they had some sort of auction, but did they sell all of their stash? Do we know how much they may have retained post auction?



Who owns most of the currency?
that is something that you will never know. you can make guesses all you want but they will always remain guesses.

According to the discussion here, people DO know who some of the largest whales are among us. Why are you giving this guy grief?
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