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Author Topic: Interesting fact about BTC  (Read 444 times)
donDrey (OP)
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December 16, 2017, 09:02:14 AM
 #1

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
Xenoph0bia
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December 16, 2017, 09:14:04 AM
 #2

There are many interesting fact about bitcoin the most important fact about bitcoin is the price . By seeing the price of bitcoin the people attracts towards the bitcoin by the attraction of people the number of user of bitcoin will increase. Bitcoin helps the people to earn the money in easy way to achieve their dream in short period of time. The another fact about bitcoin is that bitcoin is the topmost Cryptocurrency in the world and it become very popular in all over the country's.
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December 16, 2017, 09:15:39 AM
 #3

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
These are far from unique facts about bitcoin. You just go to Google and read about the bitcoin. But the most important fact you still missed. Decentralization is independence and anonymity. Good luck searching.
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December 16, 2017, 09:18:51 AM
 #4

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

Where did you get these numbers from? If you can please post the source to confirm validity of such news.
Point 1 can be true, point 2: FBI seized so many from illecit sites? Point 3: that is really arguable, so many btc dormient might not be real.
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December 16, 2017, 09:19:36 AM
 #5

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
Another interesting fact is  lot has been made millionaire by bitcoin already and numbers of high profield people are holding and engaging into bitcoin as well as already the billionaires already. Another good and useful fact is, everyone can acquire as much as their investment capital can afford.  Wink

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December 16, 2017, 10:34:26 AM
 #6

I wish I could be in the top 1000 btc addresses. Smiley
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December 16, 2017, 11:07:40 AM
 #7

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

i feel like you are giving random percentages to be honest, care to give us some source for the numbers you have shared here and also explain why you think they are true?

1. that is 5,740,112BTC or 57,401BTC per address. according to https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html there are only 112 addresses with that much in them which is less than 0.0001% total addresses used. and total of it is 2.8 mil not what you said.

2. 1.5% is 251,171BTC they do not "own" this. if this number is true and not fake like previous one, these are confiscated bitcoins. like the ones they got from Silk Road,....

3. that is 10,716,663BTC based on your track record i would be ultra skeptical about this! trading volume and the circulating coins per day is big enough to make me believe this number (64%) is fake also.

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December 16, 2017, 11:34:58 AM
 #8

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
How are you getting all those statistics? If you could give us a source for all those facts that you gathered then this would be really helpful, thanks.

 
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December 16, 2017, 11:37:39 AM
 #9

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

i feel like you are giving random percentages to be honest, care to give us some source for the numbers you have shared here and also explain why you think they are true?

1. that is 5,740,112BTC or 57,401BTC per address. according to https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html there are only 112 addresses with that much in them which is less than 0.0001% total addresses used. and total of it is 2.8 mil not what you said.

2. 1.5% is 251,171BTC they do not "own" this. if this number is true and not fake like previous one, these are confiscated bitcoins. like the ones they got from Silk Road,....

3. that is 10,716,663BTC based on your track record i would be ultra skeptical about this! trading volume and the circulating coins per day is big enough to make me believe this number (64%) is fake also.

For 1 he said top 1000 addresses, not top 100.

You forgot a factor 10. The average for top 1000 is thus 5,740, not 57,401
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December 16, 2017, 11:45:43 AM
 #10

Where do you get that facts from? I' m sorry but I, myself did not find that interesting. But let me tell you what facts that amazed me day by day. It' s price. Are there anyone here who does not find it interesting? It is mainly the reason why people are here, its growing price.

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December 16, 2017, 11:49:04 AM
 #11

2. FBI owns 1.5% of world's BTC.

.

where you know 1.5% of bitcoin circulation holding by FBI ? any source fact or news?
i know FBI holding bitcoin from catching some fraudsters/scamer, but i dont know the more detail about it.

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December 16, 2017, 11:58:37 AM
 #12

I would like the pizza guy that bought his pizza with 10,000 Bitcoin, can you imagine if you are the owner of that pizza parlor, and to add this up a family that has sold their house and all that they have and convert it to bitcoin then live on a forest the primitive way of living in one of the article that I red, I really think of outrageous facts that is about bitcoin and you can sure find it all in the internet.
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December 16, 2017, 12:16:52 PM
 #13

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

where did you get the news. you should include the source in writing.

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December 16, 2017, 08:47:26 PM
 #14

Wow, this amount is huge; 21,000,000 x 0,015 = 315000 btc = 6111 million dollars at the current rate, incredible.

When you realize that this amount of money has been made just for doing a few seizes, it really desmotivates me about how easy they got that amount of money.

 
2. FBI owns 1.5% of world's BTC.

How are you so sure about this? That is more than a half of all the bitcoins who are /will be in circulation forever.

So it means that if 100 people control 30% of bitcoin.

It really is 30% of the 36% am i right or not?

3. 64% of BTC have never been used and may never be used.
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December 17, 2017, 03:27:43 AM
 #15

1. The first Bitcoin purchase was for pizza.
2. The inventor of Bitcoin is a mystery.
3. Bitcoin is untraceable & Bitcoin is NOT untraceable.
4. If you lose your Bitcoin private key, you lose your bitcoins.
5. Bitcoins don’t grow on trees.

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December 17, 2017, 03:52:23 AM
 #16

2. FBI owns 1.5% of world's BTC.

where you know 1.5% of bitcoin circulation holding by FBI ? any source fact or news?
i know FBI holding bitcoin from catching some fraudsters/scamer, but i dont know the more detail about it.

this is a classic FUD topic my friend.
he is giving a "big number" with a "big name" to create panic. and he uses the word "owns" as if they have bought that much to control. government agencies are not known to invest in assets!
they may seize some from criminals and hold it until court rules about it and then auction it but this is not  called "owning bitcoin".

and until he provides a source for his numbers, i call bullshit on all of them.

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December 17, 2017, 04:00:55 AM
 #17

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

I don't have such very interesting trivia about Bitcoin as these. All these are really surprising. But it would be a lot better if you have also included in here your sources of these information. The third one I already have a clue because I have read that more than half of the Bitcoin supply are either lost or have already forgotten for good. But the first and second is really a very interesting information about Bitcoin.

 
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December 17, 2017, 04:17:30 AM
 #18

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
Bitcoin is the unique identity in crypto market. Bitcoin is high market cap, high volume in cryptocurrency. This is  one of the most trusted cryptocurrency. I think many interesting facts are available in Bitcoin. This is seeds of many cryptocurrency and no one should control this coin. Because this is one of the decentralised cryptocurrency.

 
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December 17, 2017, 04:23:55 AM
 #19

The things you share about Bitcoin are interesting, it gives me some useful information. That's 64% Bitcoin never used, it's a huge number, so many people have lost it or it will never be found. Besides, when I heard that 1.5% of Bitcoin belonged to the FBI, I was quite surprised. Because of its anonymity, anyone can use Bitcoin and even the police.

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December 17, 2017, 04:54:06 AM
 #20

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

No one single entity can control this kind of currency
There's a finite number of Bitcoin
Bitcoin have no inherent or set value
You can see all your transaction
You can mine Bitcoin
You cannot reverse transaction or be forced to pay
You can send money with no high fees
If you loose your Bitcoin address you can never retrieve you Bitcoin
You can buy things thru Bitcoin.

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December 17, 2017, 05:13:02 AM
 #21

Bitcoin is a virtual currency that is very phenomenal where today if you already have one bitcoin can buy directly home and others.
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December 17, 2017, 05:16:11 AM
 #22

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
Wow for the things which you have mentioned here are new in the first place! I can't imagine how the money is concentrated in the 1K Bitcoin addresses, I'm sure that these might be the oldest one who kept the bitcoin as it is and never sold it. Over the time they might have gotten costly anyway. FBI seems to me very rich and who knows they might be taking little satoshi out of it. Haha. !
How do you got the estimate of unused 64% of BTC. I mean there is already 16 ml + coins in circulation and how you can be sure about unused coins. There has to be all of them in use otherwise how could we have so much market cap. You getting what is I want to ask?
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December 17, 2017, 05:16:51 AM
 #23

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

I'm with some others in the thread in that I question the validity of these claims and statistics, do you have any sources for this material or is it just something you've heard? Although I have heard that an extremely large number of early bitcoins mined and addressees used were not taken very good care of and got lost in the abyss. Many were lost during tests of security, integrity and many were lost to just plain carelessness.

When you say "FBI" are you talking about the individuals that make up the FBI or do you mean the government entity itself has an address or multiple addresses under it's control? If this is the case do you happen to know why that is? Are they simply interested in the technology, or do they have motives beyond that?

I'm also going to assume when you say "never been used" you are referring to have never been moved since being mined, or am I naive to think that is the criteria? Please explain if i am mistaken, because I believe that whatever definition is labeled on "never being used" could simply be explained by "HODL"ers or something similar that just happens to be very prevalent among our community.

Last thing, does "top 1000" addresses mean the address with the highest amount of bitcoin going in/out within a given period, or does it just mean the addresses with the highest quantity of bitcoin in them currently? I'm just trying to get a more firm grasp on what you are presenting here, and it's really difficult without a citation, sources or some explanation/definition of these terms... I may be ignorant, so let me know if I've missed the memo where these were defined officially. Without that though it reallly is hard to do any sort of analyses or conversation on this, so unless you're just trying to spout off random facts then clue me in, please!

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shamzblueworld
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December 17, 2017, 05:24:22 AM
 #24

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

Why 3 is a fact? Why do you think it won't be used? How to make this assumption.
Number 2 is quite an interesting fact, how did one finds out about such a fact?

I wish to be have an address in the Top 1000 one day Cheesy
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December 17, 2017, 05:24:58 AM
Last edit: December 18, 2017, 06:50:56 PM by Virtual miner
 #25

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
Around 4 million btc have been lost forever due to losing private keys or long term hodling or maybe even due to transaction fees. This implies that 1/4th of total mined supply is lost which implies the reason why bitcoins price is really booming a lot. According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one. Those numbers imply 17% to 23% of existing bitcoins, which are today worth around $8,500 each, are lost.
 
nidacoinlove
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December 17, 2017, 05:28:13 AM
 #26

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
The news you have put are quite interesting but sorry to say don't look like any authentic one. Especially the FBI stuff, why will FBI need to buy bitcoin? Also the #3, where did you get this news? What were the sources of these news?
Secondly what OP is trying to say by posting it? Is it some kind of a grey area identification?
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December 17, 2017, 05:39:58 AM
 #27

If one thousand legal entities or individuals own almost 35 percent of all produced bitcoins, this should indicate that these rather influential people will see to it that bitkoyn is recognized by the community and has a high rate. This is generally not bad. But why did you need the FBI bitmakers? They generally carry out various kinds of operations, including semi-illegal and illegal, and may and will in such cases need calculations with individuals whose contacts they would not like to disclose.
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December 17, 2017, 06:56:12 AM
 #28

Not all statements in Google are facts.
Some are own perception that are just given to be a additional insight
And I was thinking where is the percentage of lost coins ? And how can you prove that FBIs do have bitcoins ? Why didn't you think about rich peoples. Very weird for a fact I guess.
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December 17, 2017, 07:04:24 AM
 #29

Not all statements in Google are facts.
Some are own perception that are just given to be a additional insight
And I was thinking where is the percentage of lost coins ? And how can you prove that FBIs do have bitcoins ? Why didn't you think about rich peoples. Very weird for a fact I guess.

lol yeah.  i totally agree with this. not all written on the internet are true or legit because people can always write or say what they want without really knowing or investigating the real source of it if its really a real happening or just only a speculation. however i may only believe it if this source was came from wikepedia because wikipedia is indeed legit online encyclopedia that has a complete database about the worlds special events and happening that may be important for an average joe to know.
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December 17, 2017, 07:21:04 AM
 #30

Didn't know the fbi part. Regarding the unused coins yes it is really sad to hear to that many early miners couldn't keep their control and simply threw their btc away or simply deleted their wallet without realising it would be worth millions.

I also know many other facts like btc will end in 2020. Mamy won't agree but if you actually see after all btc are mined there is nothing there for miners to do because of increase in difficulty and no additional reward as well would lead the networks getting super slow and fees reaching to sky.
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December 17, 2017, 07:38:35 AM
 #31

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

it seems not, because bitcoin is a digital currency which is very useful for the payment of whatever the possibility in china and amerika are heavily incentive the purchase of goods that use bitcoin and become the trigger of bitcoin price increase.
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December 17, 2017, 07:41:08 AM
 #32

Thanks for sharing these facts with us. It is because of your post, I got to know more interesting facts from other users too.

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December 17, 2017, 07:50:35 AM
 #33

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
I doubt about the point 2, really FBI are ownig BTC ? Any proof of it ?
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December 17, 2017, 08:02:12 AM
 #34

I don't care about these, I think most people are concerned about the investment bitcoin to much gain in long time adduction, if several of these are true, then, bitcoin is actually controlled by a handful of people, perhaps from the beginning of the design is good, but we now have crazy in the buy, I don't know how to choose, I also bought some.
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December 18, 2017, 11:30:23 AM
 #35

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
These are reality in bitcoin life because here the fact of 64% , may or may not be wrong but one of mine friend is in bitcoin since 2010 at that time the value of bitcoin was totally very useless like and a site named like mtgox was where he has lots of bitcoin ( about 20000 btc ) , as we know that value of btc was very low but due to some government issued and hackers the site get hacked and that site after that never come back in his memory , so here we can understand well that at that time may be many people who putted thier btc get lost .
Well these strange facts are really better but the next interesting fact that I think is that complete mining of new bitcoin will not get stop , Because after mine of single bitcoin results into toughness of mine another next bitcoin .
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December 18, 2017, 12:14:25 PM
 #36

I wish I could be in the top 1000 btc addresses. Smiley
If we start maybe  Grin
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December 18, 2017, 12:17:50 PM
Last edit: December 20, 2017, 05:37:26 AM by felipe04
 #37

If you know BTC already that's the interesting fact because this is unbelievable like the transaction here,i think also the job here to earn is so good to any user and the knowledge in different country is interesting also.In life we live to learn and earn for our dream so bitcoin give hope in any person that know it,I think even it's has volatile still it can give so much conveniece.
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December 18, 2017, 12:19:56 PM
 #38

I do not believe that 64% of bitcoins have never been used and will not be used. It is a fake. It seems to me that you are very ill prepared. Qualitative fake may make sense. But your version of complete idiocy. Many ldey prefer to keep their coins for the future and for this reason, their accounts can be without movement for a long time. Nobody knows.
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December 18, 2017, 12:27:13 PM
 #39

This is not a fact that can be Googled readily but I find this very common nowadays especially when the price of BTC went to the roof. People that I know nowadays invest their hard-earned money without knowing what BTC is and what it really does. I find this experience an amusing fact that is very common. They don't even know that they can use it to buy certain things online. They are here just for the profit and would not bother to enrich their minds about the basic knowledge surrounding cryptocurrencies.
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December 18, 2017, 12:45:43 PM
 #40

https://www.entrepreneur.com/article/231973

To me - the most amazing facts
janah
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December 18, 2017, 01:08:56 PM
 #41

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
The most interesting about bitcoin is the price because its just started small like 2$ per coin
And it rise $18k right now so this is interesting!
Also it is interesting because we cant control the price of bitcoin.
audaciousbeing
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December 18, 2017, 01:48:38 PM
 #42

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

I am still waiting for the source of this facts to be sure whether its worth to be relied upon or not.

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

Even though this might be true but the amount of people that made this cut, didn't get there by virtue of whether they are intelligent or they have access to so much information or knowledge its because they saw an opportunity at the time when it was not to be touched by many and took it which eventually paid of for them.

2. FBI owns 1.5% of world's BTC.

This is still subject to controversy because I have not read a report by the FBI that they own such amount of bitcoin. Using an average of say 16 million bitcoin then 1.5% would be 240,000 bitcoins.

3. 64% of BTC have never been used and may never be used.

I am still surprised at the practicability of this because 64% of the entire 21M bitcoins would be 13,440,000
bitctrimor1
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December 18, 2017, 02:30:52 PM
 #43

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.
everything in bitcoin is unique and interesting,i love the creator of crypto because it give so much in any user or people all around the world,see what can bitcoin bring to us in transaction and how to earn like a job here that is unique and i can't imagine how he/she create bitcoin,to create this kind of digital money you need a mind that has a knowledge in everything so the creator of crypto is praise worthy

I agree. Right now, bitcoin has been on a high, and most of us, to be honest, has never seen any currency match this quick rise in value that demanded shifts in focus of many traders, investors, and the likes. I think that many countries have already delved their hands on the bitcoin market in secrecy, and some of them are even making face when they say that bitcoin can be highly risky and doubtful to invest in just to discourage people to actually give it more attention. Right now, since only a few people are using and have knowledge with it, the value it has can be easily monopolized. If a government with that much power and resources would do the same, then it can give them substantial profit that may equal what they get from foreign investors and taxes.

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December 18, 2017, 04:29:16 PM
Last edit: June 24, 2020, 12:30:33 PM by Suptiele
 #44

not sure about number 3
3. 64% of BTC have never been used and may never be used.
this is very big amount of bitcoins and not think it is real
Nobody can verify this number because many minerals will return once they know that the total number of currencies they have made them rich and therefore this number can decrease at any moment as we also have a lot of currencies that have been broken and that can be returned again.
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December 19, 2017, 12:41:16 AM
 #45

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.

the unique facts that I know about bitcoin are the price now hit the highest price and it is up and down too often. maybe the price will hit higher and makes people come to bitcoin world. but I wonder and asked with number 3. who is hold this 64% of bitcoin and if we calculate the total amount he/she have, he/she might the richest person on the earth now.

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December 19, 2017, 01:01:03 AM
 #46

1. Top 1000 Bitcoin addresses control 34.28% of total Bitcoin in circulation.

2. FBI owns 1.5% of world's BTC.

3. 64% of BTC have never been used and may never be used.

Which other interesting and unique facts do you know about BTC? Please share.



bitcoin is interesting especially when you join signature campaign,just only do post and sharing about campaign even we dont know how to make sentences in english just in word in what we called english carabao.....
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December 19, 2017, 01:42:19 AM
 #47

https://www.entrepreneur.com/article/231973

To me - the most amazing facts
The information that's inside that article is not that fascinating, it's mostly about the numbers and not about the technology that is helping other technology to improve their systems.


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