How people can have so much BTC in their wallet?

[bL4nkcode]

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.

Obviously, you don't get what he's trying to say, it's not the magic spells that he mentioned, it's the ingredients. LOL

And it's not so easy to trade and to learn on trading, don't forget that you have to risk also.

[Text]

People have so much BTC in their wallet because they buy it. There are many ways on how we can but BTC using our fiat money, even we don't have a credit card or bank account we can still buy bitcoins with the help of virtual visa. Scammers have a lot of BTC that has been taken from investments. lols

[erikalui]

20-30 BTC was worth $4500- $6750 in 2015 and it's after that when the price suddenly reached $700 over night and now it's at $1000. The price has increased by about 80-90% over a span of just 1.3 years and hence it's a small amount for those who have bought it in 2015 and never sold it since then. Especially with gamblers, they never give up their coins and keep using it to play even more games while many invest in altcoins, or for developing a new coin or invest in their bitcoin businesses. Now the value is huge but they treat it as an investment and just concentrate on earning more coins.

[d@nte]

Although it is difficult to do, in cypto there are many possibilities of obtaining large amounts of Bitcoin. There are people who get it in days, through risky operations such as altcoins trading, there are people who have had the opportunity to mine Bitcoin and there are also people who have had success opening a Bitcoin business.

[BrewMaster]

people having large amounts of bitcoin is nothing strange. it is like saying how someone owns a lot of Apple shares or Google shares. they invested lots of money and many bought when it was cheap.

it is the same with bitcoin. you could have bought bitcoin when it was cheap. a year ago it was $420 and you could have easily bought a lot of bitcoins.

but gambling that much away is hard to believe part if you ask me, and since OP says he saw it on a gambling site i say it is always hard to believe that is a real person behind that account with 30+bitcoin wasting them.

[btc-facebook]

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 many possibility. For example : for who has more than 1000 btc, it means that they are bitcoin early adopter
If you saw people has more than 100 or 1000 btc recently , it's possible since they trust bitcoin so they are investing and wait for next halving

[target]

people having large amounts of bitcoin is nothing strange. it is like saying how someone owns a lot of Apple shares or Google shares. they invested lots of money and many bought when it was cheap.

it is the same with bitcoin. you could have bought bitcoin when it was cheap. a year ago it was $420 and you could have easily bought a lot of bitcoins.

but gambling that much away is hard to believe part if you ask me, and since OP says he saw it on a gambling site i say it is always hard to believe that is a real person behind that account with 30+bitcoin wasting them.

$420 still isn't cheap for me. But maybe for those early adopters who dumped their coins when it reached $1000 and the price plummet to $200, they must have bought their btc back. I can't imagine the smile on their faces when they did it and profited more than 1000% specially to users who bought btc when its price was cents. Id I only knew BTC can be as successful as today, I would have bought millions as I've been a webmaster during that time and have been making money through my websites since 2008.

[nara1892]

they have much bitcoin because they work hard and they have good skill. for example, they trade (they know good strategy when to buy and sell, and they have much time online), mining (they have good tools), or they have job that is paid by bitcoin such as web programmer, application maker, and the other IT works.

[mbpinewatch]

well I had a lot too as most people bought when the price was low so if some has 50 btc no it worth over $50.000 it might off all cost say $150 to $500 to buy back in 2012/2013 when bitcoin value drop this might happen again if it does then if you want to have a wallet as big as that buy then but lets hoe it does not.

[hardtime]

Most of the time when people go ahead and say that they have such a high amount it's usually a hot-wallet for such a service like a gambling site like one of those really popular dice sites. They need those hot wallets with tons of bitcoin in them to be used all the time for withdrawals.

People earn money though, that is really all their is too it.

[JeffBrad12]

There are a lot of the answers, look at those people are winning a lot of bitcoin, get luck from their profit through the pumping of a coin and other things are valid.

You want a lot of bitcoin and you must provide a lot of capital for reach them all.  Look at the polo whale, he was having over 1000 BTC  

[xuan87]

Well there are a lot of factor why people got so many BTC, some of them investing in BTC, some of them used it for trading BTC and some of them got so many BTC because they are early user of bitcoin, 2 or 3 years ago BTC still not as expensive as now, at that time one of signature campaign can make you earn up to 0.35 a month

[positivezero]

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.

Yes maybe, entering in some gambling websites can make you have bigger amount of bitcoin, and it is very easy for you to achieve that (e.g., 10+ BTC or more) but as far as I know gambling is a kind of game that is illegal. At this very moment, i never earn some of bitcoins since im just newly accepted in a signature campaign and gambling never came to my mind to get more enough bitcoins because all i want to suggest is just to have signature campaign, trading, investing or some legal activities. just read some of the ideas here in the forum and for sure you can get many information on ow to earn more bitcoins.

[cissrawk]

well, that so much for me, i can buy a motorbike (second) with 1 btc in this country xD.

I am eating faucet and still doesnt get 0.002 BTC for 2 months, that why i am curious. But maybe so much people do trading and mining from their miner or cloud miner...

hope i will get more than 1 bitcoin asap 

[tech_solutions]

well, that so much for me, i can buy a motorbike (second) with 1 btc in this country xD.

I am eating faucet and still doesnt get 0.002 BTC for 2 months, that why i am curious. But maybe so much people do trading and mining from their miner or cloud miner...

hope i will get more than 1 bitcoin asap 

Dont worry if you work hard and just keep watching the altcoin announcement section where you can get lot of giveaways bounty coins join them and earn the new altcoins and trade them when they hit the exchange if you get lucky some good coins will give you lot of bitcoins, like this only i have earned nearly 1+ btc in 5 months. Apart from that give some of your skill work in service section so that you can earn more bitcoins. Dont go for cloud mining as it is totally scam and you will lose your investment in hope of getting good returns.

[geopolisch]

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.

Yeah, the ones who have invested time and money into bitcoin in its early stage now have a really large amount of bitcoin, I heard of a guy who had 55 btc and he forgot about them for 5 years and when he saw the price of bitcoin remembered them so you can imagine how much money he has now.

[passwordnow]

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.

Its either they are the ones who bought it while the price is still low. And they had bought a lot of it and now they are just enjoying their bitcoins around for gambling and other sruffs or they can be also rich enough to buy bitcoins at its current price.

[bitbunnny]

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.

Its either they are the ones who bought it while the price is still low. And they had bought a lot of it and now they are just enjoying their bitcoins around for gambling and other sruffs or they can be also rich enough to buy bitcoins at its current price.

Exactly, people with big amount of Bitcoins could be early adopters who acumulate their coins while the price was very low and kept it all the way.
Or maybe they are realy skilled traders who do trading on professional level. If they have won in gambling such big amount then they are realy, realy lucky.

[passwordnow]

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.

Its either they are the ones who bought it while the price is still low. And they had bought a lot of it and now they are just enjoying their bitcoins around for gambling and other sruffs or they can be also rich enough to buy bitcoins at its current price.

Exactly, people with big amount of Bitcoins could be early adopters who acumulate their coins while the price was very low and kept it all the way.
Or maybe they are realy skilled traders who do trading on professional level. If they have won in gambling such big amount then they are realy, realy lucky.

And most of us wishes that we are included to be one of those adopters and it really does matter if we are one of them. But as of now we need to face the reality and look upon those people as inspiration. And there are some that are just gambling with their bitcoins and not spending it wisely but manage to recover it again and again.

[jack1111]

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.

If someone has 10 BTC in his wallet, that does not mean he has earned all this amount from his work, maybe he has bought Bitcoins with real money. from other side, Bitcoin world becomes very large and everyone can earn money as many skills as he has, therefore no wonder some people have high amount of Bitcoin in their wallets, there are some jobs which really give you high returns, like trading for experienced people, translation, writing articles, marketing, and many others.