Take time to STOP and THINK!

[BTCIndia]

The top holder of Bitcoin is person with wallet address1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a with 111,114.60385824 BTC of the crypto-currency for a total value $106,764,467. Perhaps most interesting for me is these top ranker holders represent over 21% of the entire outstanding amount of the Bitcoin currency. Core developers and people around them?



and the no.1 holder been adding..he is found to be inactive since first half of 2013.



He is seen to received $.10 regularly. What does it mean?
And this is decentralized? This BTC mania gets weirder and stranger by the day
So many question but no one to answer.

[BTCIndia]

No comments, my fellow Bitcoin enthusiast?

[coldbreeze16]

You hate transparency? What? Mr Gates/Warren/Ambani & Co. Sit on a large chunk of world's fiat. I don't see no one complainin'. And I presume it's Satoshi, he's like a guarantee: just like gold is to 'legal' currencies.

[daserpent1]

Its probably NOT satoshi. It is either the winklevoss twins,who did declare they have close to 100k bitcoins, or it some long term investor that has stashed away 111k for future and is right now trading with something like 5000-10000 BTC.

[PenAndPaper]

And this is decentralized? This BTC mania gets weirder and stranger by the day
So many question but no one to answer.

It seems that you are confusing decentralization with how the wealth is spread. One has nothing to do with the other.

[subvolatil]

This thread is in the wrong section.

This is a market place only for trade.

[globalgaurav]

And this is decentralized? This BTC mania gets weirder and stranger by the day
So many question but no one to answer.

It seems that you are confusing decentralization with how the wealth is spread. One has nothing to do with the other.

"One has nothing to do with the other", makes sense

[BTCIndia]

And this is decentralized? This BTC mania gets weirder and stranger by the day
So many question but no one to answer.

It seems that you are confusing decentralization with how the wealth is spread. One has nothing to do with the other.

Bitcoin generation is decentralized but wealth is much more centralized then traditional economy.

[globalgaurav]

Bitcoin generation is decentralized but wealth is much more centralized then traditional economy.

Wealth is much more centralized than traditional economy and mostly, anonymous  

[globalgaurav]

Perhaps most interesting for me is these top ranker holders represent over 21% of the entire outstanding amount of the Bitcoin currency. Core developers and people around them?

"Entire outstanding amount of the Bitcoin currency"

outstanding amount?

[G K G]

Most of these would not have been mined or payments for services or goods. They would actually be of investors, wanting to do something big with their money  

And don't you think some of these addresses could belong to the same person..

[G K G]

In my opinion there are more induviduals sitting on 100000+ BTC with different addresses and never want to do anything with them until we hit 2000USD/BTC  ( like doubling or tripling their investments )

I'd the same if i had 500+100 BTC