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Author Topic: How people can have so much BTC in their wallet?  (Read 2404 times)
cissrawk (OP)
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February 03, 2017, 10:20:38 AM
 #1

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.

I'm doing steam artwork.Official thread (Indo, but please pm me even if you're english speaker) : https://bitcointalk.org/index.php?topic=5323281
NOT YOUR KEYS, NOT YOUR MONEY. PLEASE PROTECT YOUR MONEY! More info click here or go to NotYourKeys.org
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February 03, 2017, 10:29:54 AM
 #2

It's normal , how people have so much money in their banks account ? If you find someone who have too much coins then he is probably an early adopter (when bitcoin was worth a few cents/dollars) or he is an investor who decided to buy shitload of bitcoin and hold for long term and usually , people don't take such a risk on gambling because they know the risks involved.

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target
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February 03, 2017, 10:47:11 AM
 #3


Or those people earned the bitcoin they have.
I don't have a lot of bitcoin too. Those people just earned them bitcoins like how i did by investing to some ICOs which took time. 30 BTC is a lot, not sure if I can earn that much later with signature campaign but I a better start now than just reading all the information here.

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.

You too can do it by trading and joining campaigns.

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neochiny
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February 03, 2017, 12:42:10 PM
 #4

The early adopters usually have hundreds, if not thousands of coins on their wallets. (that is, if they still have their coins.)

Another possibility is the serious investors. They use their fiat capital to buy and hold. Usually for the long term.
Or it could also be the active traders.

As for gamblers, I say that the majority have less than 1 bitcoin in their wallets while the high rollers could have 10's of bitcoins.
Those coins are usually bought.

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mobnepal
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February 03, 2017, 01:22:45 PM
 #5

10-30BTC doesn't count as much for early bitcoin adopters and for hardcore gamblers. When price used to be few $ per bitcoin, many early adopters bought 1000's of bitcoin with high speculation, still few of them have 1000's even 100k bitcoin in their wallet so it is normal to see people with high bitcoin balance. But storing large number of bitcoin in web wallet or gambling wallet is not advised.
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February 03, 2017, 01:35:50 PM
 #6

They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.
cissrawk (OP)
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February 03, 2017, 01:43:27 PM
 #7

It's normal , how people have so much money in their banks account ? If you find someone who have too much coins then he is probably an early adopter (when bitcoin was worth a few cents/dollars) or he is an investor who decided to buy shitload of bitcoin and hold for long term and usually , people don't take such a risk on gambling because they know the risks involved.


Or those people earned the bitcoin they have.
I don't have a lot of bitcoin too. Those people just earned them bitcoins like how i did by investing to some ICOs which took time. 30 BTC is a lot, not sure if I can earn that much later with signature campaign but I a better start now than just reading all the information here.

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.

You too can do it by trading and joining campaigns.

The early adopters usually have hundreds, if not thousands of coins on their wallets. (that is, if they still have their coins.)

Another possibility is the serious investors. They use their fiat capital to buy and hold. Usually for the long term.
Or it could also be the active traders.

As for gamblers, I say that the majority have less than 1 bitcoin in their wallets while the high rollers could have 10's of bitcoins.
Those coins are usually bought.

10-30BTC doesn't count as much for early bitcoin adopters and for hardcore gamblers. When price used to be few $ per bitcoin, many early adopters bought 1000's of bitcoin with high speculation, still few of them have 1000's even 100k bitcoin in their wallet so it is normal to see people with high bitcoin balance. But storing large number of bitcoin in web wallet or gambling wallet is not advised.

WOW! So 10-30 BTC still not much.. thanks for answer guys.

They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.

I need the last ingredients , 'money' for buy antminer xD lol *joke.

I'm doing steam artwork.Official thread (Indo, but please pm me even if you're english speaker) : https://bitcointalk.org/index.php?topic=5323281
NOT YOUR KEYS, NOT YOUR MONEY. PLEASE PROTECT YOUR MONEY! More info click here or go to NotYourKeys.org
Trade Crypto and get 10% cashback BTC16CYsf1yonoVAN3jLAJguREmoJfCy5twi4
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February 03, 2017, 01:46:37 PM
 #8

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.

There are numerous reasons.

Earned the btc, bought the btc, won the btc it is just like with fiat some have a lot and some not.
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February 03, 2017, 01:57:47 PM
 #9

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.

you are asking a general question then limiting it to one specific case.

i will first say generally, that people buy bitcoin and invest in it. many have been doing this for years, when price was so low. some when price was $10 or less some like me from when price was $200-$400
30BTC were worth $300 and $6000 respectively at those prices.

or it can be services, such as a mining pool, an exchange cold storage, a web wallet service,... these have thousands of bitcoin at their disposal.

now your specific case, when you see someone (an account) on a gambling site with lots of bitcoin on it there are only two assumptions in my opinion
1. it is millionaire kiddo with lots of daddy's money who is wasting it on gambling
2. the site is reporting fake numbers.

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February 03, 2017, 02:35:37 PM
 #10

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.


They early bought when worth cents or they just bought like 5k in bitcoin.

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February 03, 2017, 02:54:17 PM
 #11

How people can have so much bitcoins in ther wallet? Because they can afford to buy ihuge amount of bitcoins. Most of bitcoin users are usually gamblers. I think thats normal to see huge amount of btc on their wallet. These gamblers are crazy.  Some of them are just early adopters who bought huge amount when the price is small. People can have much bitcoin in their wallet. As long as they can afford it.
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February 03, 2017, 03:29:25 PM
 #12

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 not strange's,like normal at all.One most commonly consideration,may be early adopter actually when bitcoin price was low,and now possibility they were Millionaire.Can be professional Miners,involved with bitcoin hardly,gamblers,pretty good trading skills etc usual requirements that you expect from such of those people,or they should have.
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February 03, 2017, 03:35:31 PM
 #13

if they have a lot of bitcoin it means they did a lot of works or bought them. only with gambling it is impossible to earn 10 to 30 BTC. some people may earn but they'll loose them again because they are addicted gamblers..
if you want to be on that list you need to work so hard.
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February 03, 2017, 05:53:46 PM
 #14

--
They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.

I need the last ingredients , 'money' for buy antminer xD lol *joke.
Haha. Don't we all?  Grin Grin

Anyhow, owning 10's of bitcoin is not totally impossible for you, me, and everyone else.
The magic ingredient? Work, work, and work.  Grin
Work (sig campaigns+article writing+offer services in-forum) then save everything earned for future capital and investments.)(Or simply hold, long-term)
Then, you work your ass off and learn trading and investments.
Forget about gambling, that's a money drain. (If you're too attached to casinos, then put your money with the house instead)

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February 03, 2017, 08:26:00 PM
 #15

Isn't too different from fiat, there are people with lots of money on their bank accounts and others that haven't enough to cover its daily costs. You can see users with lots of bitcoins on their wallet (provably early adopters), other that had luck on betting, and users with only some cents of bitcoin.
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February 04, 2017, 08:24:22 AM
 #16

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.

There are numerous reasons.

Earned the btc, bought the btc, won the btc it is just like with fiat some have a lot and some not.

Thank you, simple but is good answer.

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.

you are asking a general question then limiting it to one specific case.

i will first say generally, that people buy bitcoin and invest in it. many have been doing this for years, when price was so low. some when price was $10 or less some like me from when price was $200-$400
30BTC were worth $300 and $6000 respectively at those prices.

or it can be services, such as a mining pool, an exchange cold storage, a web wallet service,... these have thousands of bitcoin at their disposal.

now your specific case, when you see someone (an account) on a gambling site with lots of bitcoin on it there are only two assumptions in my opinion
1. it is millionaire kiddo with lots of daddy's money who is wasting it on gambling
2. the site is reporting fake numbers.

I will trust number 1 because i can withdraw from that site, well i never do deposit, just play from their free BTC. thanks for answer.

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.


They early bought when worth cents or they just bought like 5k in bitcoin.

Wow so much!

How people can have so much bitcoins in ther wallet? Because they can afford to buy ihuge amount of bitcoins. Most of bitcoin users are usually gamblers. I think thats normal to see huge amount of btc on their wallet. These gamblers are crazy.  Some of them are just early adopters who bought huge amount when the price is small. People can have much bitcoin in their wallet. As long as they can afford it.

Yeah seriously they are crazy, they do betting with high ammount and win a lot to.. and i see people lost 4+ btc in a day, Wth.

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 not strange's,like normal at all.One most commonly consideration,may be early adopter actually when bitcoin price was low,and now possibility they were Millionaire.Can be professional Miners,involved with bitcoin hardly,gamblers,pretty good trading skills etc usual requirements that you expect from such of those people,or they should have.

if they have a lot of bitcoin it means they did a lot of works or bought them. only with gambling it is impossible to earn 10 to 30 BTC. some people may earn but they'll loose them again because they are addicted gamblers..
if you want to be on that list you need to work so hard.

Thank you sir, that good answer !

Haha. Don't we all?  Grin Grin

Anyhow, owning 10's of bitcoin is not totally impossible for you, me, and everyone else.
The magic ingredient? Work, work, and work.  Grin
Work (sig campaigns+article writing+offer services in-forum) then save everything earned for future capital and investments.)(Or simply hold, long-term)
Then, you work your ass off and learn trading and investments.
Forget about gambling, that's a money drain. (If you're too attached to casinos, then put your money with the house instead)


Yeah i never do deposit to gambling site, just withdraw them from free btc or faucet.

Thank you guys! I got a lot answer, i will locked this asap

I'm doing steam artwork.Official thread (Indo, but please pm me even if you're english speaker) : https://bitcointalk.org/index.php?topic=5323281
NOT YOUR KEYS, NOT YOUR MONEY. PLEASE PROTECT YOUR MONEY! More info click here or go to NotYourKeys.org
Trade Crypto and get 10% cashback BTC16CYsf1yonoVAN3jLAJguREmoJfCy5twi4
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February 04, 2017, 10:52:18 AM
 #17

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.
There are people who have 1000 to 10k bitcoin in their wallet.Most of them are early adoptors or miners.
Some few traders also have lots of bitcoin in possession then there are people who runs bitcoin related business like exchange,faucets and other sites thst earn them huge amount of bitcoin.
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February 04, 2017, 11:04:23 AM
 #18

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.
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February 04, 2017, 11:51:55 AM
 #19

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.
30 BTC is nothing to those have 100+ BTC in their wallet and even 500-1000.
And there's so many reasons why they have so many BTC. Business, gambling, bought bitcoin, miners etc.
Idrisu
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February 04, 2017, 12:42:48 PM
 #20

They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.
magic spells? I don't agree with you as they many rich people today who got their wealth from hard work, knowledge, skills. Infact there are many arbitrage traders that are making over 15btc a month. If you want to really make it big in bitcoin then go learn how to do arbitrage trading or margin trading and the sky will be your limits.though trading is a very risky venture never go into it without adequate knowledge and skills.
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