Bitcoin TOP-500 Richest

[Minor Miner]

A fairly common and accurate predictor of a person's wealth can be made by how desperately they brag about it.   Generally, it is like Queen Gertrude's dramatically ironic comment.

Actually, a good indicator of people's intelligence is their participation in this forum. I am the PR working for this guy, numbnuts. That's what I do all day: hang out with you idiots and point out just how fucking worthless you are when compared to MP, and explain and document the why. This'd be a fine example of that.

I am pretty secure that in all aspects of life, including wealth, I stack up just fine beside you (oops) I meant your boss.  Your rudeness is on a similar scale to your ignorance. 

[arklan]

i hate to sound stupid, (too late) but, exactly who is MP? meaning, i understand he runs the exchange, but what's MP stand for?

[b!z]

You have three number 7s in your list. Their BTC holdings are not the same, why do they have the same number?

[rpietila]

You have three number 7s in your list. Their BTC holdings are not the same, why do they have the same number?

Because the list is under construction, and a forum thread is not a best format because I need to update the list numbers manually.

Besides, I will likely change the format to "about 5000", "about 10,000", etc. It is both difficult and pointless to try to have more exact figures, except from the very top (whose holdings have become public anyway).

[molecular]

i hate to sound stupid, (too late) but, exactly who is MP? meaning, i understand he runs the exchange, but what's MP stand for?

Mircea Popescu

[allover]

KnightMB 371,000 bitcoins
http://www.wired.com/magazine/2011/11/mf_bitcoin/2/
nakowa 10,000+ bitcoins (assuming he hasn't lost it all since)
http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

He deposited a couple of thousand into Lets-dice and I'm pretty sure he lost a majority after gambling on just-dice (the after-effects, a plus .35% profit, oh it was beautiful).

You didn't follow up... I won back and invested in JD, made more profit. Now what I made from JD is more than 16K, you still think that's beautiful ?

[rpietila]

nakowa 10,000+ bitcoins (assuming he hasn't lost it all since)
http://www.dailydot.com/news/biggest-bitcoin-win-gambling-history-nakowa/

He deposited a couple of thousand into Lets-dice and I'm pretty sure he lost a majority after gambling on just-dice (the after-effects, a plus .35% profit, oh it was beautiful).

You didn't follow up... I won back and invested in JD, made more profit. Now what I made from JD is more than 16K, you still think that's beautiful ?

If you have more than 30kBTC total, I can update it to the list.

[rpietila]

Look to the owners of the big pools. I will add others as I think of them.

Much appreciated, thank you!

[rpietila]

Privacy, with a full hand scan to get some bitcoins at the atm. Can buy anything i want without providing a fingerprint, only exception is few satoshi's at said machine.
 Privacy?

What is this ATM handscan thing, care to explain more?

[manfred]

Privacy, with a full hand scan to get some bitcoins at the atm. Can buy anything i want without providing a fingerprint, only exception is few satoshi's at said machine.
 Privacy?

What is this ATM handscan thing, care to explain more?

http://www.youtube.com/watch?v=PFqBtvLVRpY&feature=youtu.be
You have been identified. Its a step by step process first full certified on exchange now finger scan whats next, a full DNA sample?
Cant wait to have my fingerprint sent to anyone who wants them.

[rpietila]

Privacy, with a full hand scan to get some bitcoins at the atm. Can buy anything i want without providing a fingerprint, only exception is few satoshi's at said machine.
 Privacy?

What is this ATM handscan thing, care to explain more?

http://www.youtube.com/watch?v=PFqBtvLVRpY&feature=youtu.be
You have been identified. Its a step by step process first full certified on exchange now finger scan whats next, a full DNA sample?
Cant wait to have my fingerprint sent to anyone who wants them.

Seems a stupid feature, but too early to comment.

[molecular]

Privacy, with a full hand scan to get some bitcoins at the atm. Can buy anything i want without providing a fingerprint, only exception is few satoshi's at said machine.
 Privacy?

What is this ATM handscan thing, care to explain more?

http://www.youtube.com/watch?v=PFqBtvLVRpY&feature=youtu.be
You have been identified. Its a step by step process first full certified on exchange now finger scan whats next, a full DNA sample?
Cant wait to have my fingerprint sent to anyone who wants them.

Seems a stupid feature, but too early to comment.

I've read somewhere that is part of the Canadian law (the handscan).

I think it's not. I think they're doing it to calm down AML regulators and take wind out of their sails.

[rpietila]

Let's see if the Finnish machine has a similar feature implemented.. it is launched next wed.

[adamstgBit]

BITCOIN TOP-500: 51-100
At present you will earn a place in this list if your balance is at least BTC7,000.

50.  BTC10,500*. cypherdoc

51.  BTC10,000*. rpietila

Others in this category, awaiting for more sources & confirmations:
byronbb
NewLibertyStandard
laszlo
allinvain
John K.
sirius
HostFat
Timo Y
zhoutong
01BTC10


BITCOIN TOP-500: 101-200
At present you will earn a place in this list if your balance is at least BTC3,500.

101.  BTC4,000*. Kristoffer Koch.

FreeMoney
jimbobway

BITCOIN TOP-500: 200-500
At present you will earn a place in this list if your balance is at least BTC2,100 as a tribute to Vladimir's Club.

201.  BTC3,000. Vladimir

202.  BTC2,500. Wikileaks

wow you are rich XD

51.  BTC10,000*. rpietila  ~2Million dollars

[dooglus]

You didn't follow up... I won back and invested in JD, made more profit. Now what I made from JD is more than 16K, you still think that's beautiful ?

If you have more than 30kBTC total, I can update it to the list.

What if coins are 'invested' in the Just-Dice bankroll?  He no longer "holds" those coins - they're physically held in the JD cold wallet.  Although he can request to withdraw them with a few hours' notice.

If you're not going to count MP's holdings because he has shares not actual Bitcoins, where do you draw the line?

[rpietila]

You didn't follow up... I won back and invested in JD, made more profit. Now what I made from JD is more than 16K, you still think that's beautiful ?

If you have more than 30kBTC total, I can update it to the list.

What if coins are 'invested' in the Just-Dice bankroll?  He no longer "holds" those coins - they're physically held in the JD cold wallet.  Although he can request to withdraw them with a few hours' notice.

If you're not going to count MP's holdings because he has shares not actual Bitcoins, where do you draw the line?

The extremist stance is that whoever holds the keys, has the coins, and that bitcoins are not subject to a legal definition of ownership. This is not very practical or mature (imho). Everyone can imagine the problems if we actually thought this way.

At the very minimum bitcoins need to be subject to ownership, which makes custodial holdings count. Instead of Mark having all the balances of Mt.Gox customers, the customers own them, but they have a counterparty risk due to being commingled and given to Mt.Gox custody. Counterparty risk is bad, but having your bitcoins in your own possession is not risk-free either.

Mt.Gox example counts as bitcoins, since the custodial agreement does not give Mt.Gox the right to sell the coins. A different matter would be to give a bitcoin loan to some companies that get rid of the coins when building their business (like ASIC manufacturers). That would not count as bitcoins, since the bitcoins are sold and would become double-counted. An intermediate case is Just Dice, where the custodial agreement does not give the site any liberty to meddle with bitcoins, only the balance changes according to well-defined rules. Also the balance can be withdrawn at the lender's request, so it is more like a deposit, not a loan. I would classify this with Mt.Gox.

MPOE-PR raised the issue of having bitcoin-businesses. The stocks in bitcoin businesses are not bitcoins. This much is clear. But the businesses themselves are either incorporated or unincorporated Persons, and most likely hold bitcoins as their assets. In my opinion, the bitcoins owned by corporations should be prorated to their owners. MPEx famously does not have bitcoins in its balance sheet, so it counts as zero in MP total bitcoins. I, on the other hand, control a 60% stake in Silvervault, which owns about BTC2,000. In this method, BTC1,200 is credited to my total, regardless of the valuation of Silvervault or whether the stock is liquid or not.

If a company has lots of coins, but ownership is very dispersed so that no owner would make it to the Fortune 500, the company may remain "whole".

Anything to question/add?

[rpietila]

OP edited. Will edit the (*)-section soon!

[agent007]

I will be the next in the list.
At least I hope so.
 

[rpietila]

(*) section edited.

[wachtwoord]

The extremist stance is that whoever holds the keys, has the coins, and that bitcoins are not subject to a legal definition of ownership. This is not very practical or mature (imho). Everyone can imagine the problems if we actually thought this way.

I disagree, I think it will be very practical and not immature in the least sense. This will lead to more responsible finance I think.