How many long term holders are there and how many btc do they own?

[Frank Lefty Rosenthal]

Like the title says. Im trying to understand how many long term holders (+10 years) have been buying into bitcoin over the last few years and how many btc do you guys think they own?

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

Frank Lefty Rosenthal Signing Out.

[skierchewing]

Bitcoin hasn't been here for 10 years, so basically, according to your definition of a long-term holder there is no one fitting in that category, and so none of them possess at least a single satoshi !

[Frank Lefty Rosenthal]

Bitcoin hasn't been here for 10 years, so basically, according to your definition of a long-term holder there is no one fitting in that category, and so none of them possess at least a single satoshi !

You made a mistake. I mean how many holders have been buying in over the last few years with the intentions to hold for 10+ years.

Frank Lefty Rosenthal Signing Out.

[mobnepal]

You can check bitcoin richlist here https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
However its hard to find out how many of those addresses belongs to long term holders but we can make guess looking at last sent transaction from each of those addresses.

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

I don't think majority of bitcoin traders hold bitcoin for long term, most of them just keep on buying/selling on every price swing to make some profit. But we can assume 1-2% of bitcoin holders are holding bitcoin for long term and are passive traders.

[KennyR]

Long term holders are found high, but they keep certain amount for their long term need and continuously uses at least a small amount of bitcoin. This is the one that helps to have a sustained price without much variations happening most of the time.

[Frank Lefty Rosenthal]

You can check bitcoin richlist here https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
However its hard to find out how many of those addresses belongs to long term holders but we can make guess looking at last sent transaction from each of those addresses.

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

I don't think majority of bitcoin traders hold bitcoin for long term, most of them just keep on buying/selling on every price swing to make some profit. But we can assume 1-2% of bitcoin holders are holding bitcoin for long term and are passive traders.

That's a cool list. Going to check it out and run some numbers myself. Do you know if any of those addresses are claimed by exchanges or any whales?

Frank Lefty Rosenthal Signing Out.

[Nahl]

i never did some research to find bitcoin bag holders but i just look into those list above me that i think even those data pretty accurate but don't mean one person had one address because could be every person have several address with huge amount of bitcoin and i guess only less than 10% of total bitcoiners has save their bitcoin for long term situations

[Catmony]

We can't just know the total number of long term bitcoin holders because there is no any actual data regarding this, bitcoin ledger only contain bitcoin address and total bitcoin it have right now. And also most of the bitcoin holders try to sell off when price get pumped high like $1000 right now, which is quite profitable price for most of the bitcoin holders to sell all and wait for small dump to buy cheap.

[talkbitcoin]

the questions like these will never get any answer and that is because how bitcoin is supposed to work. as an anonymous ledger that you can never tell which address(es) belongs to who and how long they plan on holding.

the only way to get your answer is to get the whole blockchain, parse it and look for oldest transactions and see if they move, and even then you can not tell if they move to someone else as selling or was it moving from one wallet to another.

[BitcoinBarrel]

I would imagine there is not as many as you think. Most people buy and sell (use) Bitcoin, but it takes a lot of patience to hold your BTC through the ups and downs since 2009. Most of the long-term Bitcoin holders will be smart investors who had capital to speculate with. It's hard to believe anyone that mined BTC in the early days and "forgot" about their coins could not know about it by now.

[Tanic]

Like the title says. Im trying to understand how many long term holders (+10 years) have been buying into bitcoin over the last few years and how many btc do you guys think they own?

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

Frank Lefty Rosenthal Signing Out.

Now on the net there are about 10 million active wallets, which owns approximately 7 million users. It can be estimated that at least 15% of the world's population will use cryptocurrencies in the future, which is reasonable, because already 22% of people own smartphones. This means that at least 1 billion people will use cryptocurrencies in the long run.

[Rahar02]

You can check bitcoin richlist here https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
However its hard to find out how many of those addresses belongs to long term holders but we can make guess looking at last sent transaction from each of those addresses.

Wow, new information to save. Who they are that have so many bitcoin sit on their wallets.
Takes time to check each one, and seems as usual activities of wallet such as giver of salary, I don't know.

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

I don't think majority of bitcoin traders hold bitcoin for long term, most of them just keep on buying/selling on every price swing to make some profit. But we can assume 1-2% of bitcoin holders are holding bitcoin for long term and are passive traders.

I don't understand the point of daily traders to sell and get some profits instead of saving in your wallet.
I mean if bitcoin price always increases then you should buy in the next time but at higher price.

[nara1892]

You can check bitcoin richlist here https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
However its hard to find out how many of those addresses belongs to long term holders but we can make guess looking at last sent transaction from each of those addresses.

Right now there are 16M btc and I assume the majority of them are in long term holds but has anyone done any research to try and run the numbers.

I don't think majority of bitcoin traders hold bitcoin for long term, most of them just keep on buying/selling on every price swing to make some profit. But we can assume 1-2% of bitcoin holders are holding bitcoin for long term and are passive traders.

I do think so. 10 years is very long time. if there are people who are willing to hold their bitcoins for that long, I think there are not many of them. because they also need capital financial for trading or another needs. so probably they are about 5% of bitcoin users.

[QuestionAuthority]

I guess I would count as a long term holder. I have about 20 btc that I collected from a faucet run by Gavin Andresen that handed out whole bitcoins and I guarantee I will still have some at the 10 year mark.

[calkob]

how do you expect anybody to know this information, you ask this question as if someone is recording everyone who has or buys bitcoin.  this isnt the fiat banks you know, thankfully  

[shinratensei_]

Bitcoin hasn't been here for 10 years, so basically, according to your definition of a long-term holder there is no one fitting in that category, and so none of them possess at least a single satoshi !

You made a mistake. I mean how many holders have been buying in over the last few years with the intentions to hold for 10+ years.

Frank Lefty Rosenthal Signing Out.

The clear answer for you.

There is no such definite answer. Excepting use the formula won't be guarantee will give 100 accuracies.

Because a lot of the new holders were coming in this year.

Assuming they are want hold their bitcoin over 10 years and that's no sense just hold a little of bitcoin amount.

[valley365]

I don't know how many people are long term holder of Bitcoins. But I am one of them. For me the bitcoin is like the gold. We are at the early stage of bitcoin, and bitcoin price is going up in the long run, so it does make sense to hold bitcoin long term.

[Xester]

There are no statistical datas to check if how many are the long term holders of bitcoin with huge quantities. Like what the other said, bitcoin has not reached the age of 10 years old and possibly you are thinking about the future. In the future when government puts his nose into bitcoin and requires all users to validate their accounts then that will be the time that we can check since there will be a database that shows how many long term holders based on their records.

[genos]

I don't know how many people are long term holder of Bitcoins. But I am one of them. For me the bitcoin is like the gold. We are at the early stage of bitcoin, and bitcoin price is going up in the long run, so it does make sense to hold bitcoin long term.

10 years of holding is very long time to wait, not everyone can become patients for it. But as you said that holder bitcoin have a special sense to hold their bitcoin balance. May be this is why there so many people decide to hold bitcoin in long term.

[aardvark15]

I would guess that there are a lot of long term investors and a lot that are trading. I think the minority are actually using Bitcoins for purchases.