gekkomk
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Activity: 50
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December 03, 2013, 03:01:30 AM |
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Pareto principle in bitcoin?
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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BitcoinDavid
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December 03, 2013, 03:10:22 AM |
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Switching over to ltc soon, wouldn't be suprised if this was true.
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quantumflow
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December 03, 2013, 04:21:26 AM |
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they got in early and held. more power to them.
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mkasiak
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Merit: 10
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December 03, 2013, 04:32:31 AM |
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Yes, maybe the numbers are not correct, but bitcoin really is not a way to decentralization of wealth. Just other couple of people would/will become super rich. Litecoin or maybe some other currencies are more "fair". Therefor I start mining and supporting this instead of BTC.
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nahtnam
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nahtnam.com
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December 03, 2013, 05:46:13 AM |
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I bet one of those is Satoshi Nakamoto...
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Satori802
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December 03, 2013, 06:17:30 AM |
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500 people or 500 addresses?
I understand that you can tell what balances each address has but is it possible to tell what addresses all belong to the same wallet? If so how?
If two or more addresses are used in the same transaction then you can know they are both from the same wallet. Not necessarily. You may refer to the following 2 threads by gmaxwell. https://bitcointalk.org/index.php?topic=139581.0https://bitcointalk.org/index.php?topic=279249.0 |
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nahtnam
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nahtnam.com
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December 03, 2013, 06:46:15 AM |
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Isn't a new address created for every transaction? |
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Passi
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December 03, 2013, 07:06:52 AM |
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Isn't a new address created for every transaction? You mean the change address? If then, it depends on the wallet used. |
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neogreg
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December 03, 2013, 07:43:52 AM |
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I m not one of these
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toroidmonster24
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December 03, 2013, 08:16:17 AM |
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I'm curious as to the wealth distribution. Like what's the top 1%? Top 5%? Top 10%? 20%? Bottom 50%?
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micky633
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December 03, 2013, 08:59:00 AM |
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I'm curious as to the wealth distribution. Like what's the top 1%? Top 5%? Top 10%? 20%? Bottom 50%?
It is hard to make an estimate. One person may control 10000 addresses. One address may contain bitcoin belonging to 10000 persons (eg. Hot/Cold wallet of exchanges and casinos). |
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neogreg
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December 03, 2013, 11:12:52 AM |
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pareto
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PenAndPaper
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December 03, 2013, 01:31:54 PM |
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If any of Satoshi's btc is spent, I am sure there will a flood of "OMG, satoshi is back!!!" posts.
If any of Satoshi's btc move i think the price will collapse instantly. |
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MoonShadow
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Merit: 1007
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December 03, 2013, 02:57:54 PM |
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If any of Satoshi's btc is spent, I am sure there will a flood of "OMG, satoshi is back!!!" posts.
If any of Satoshi's btc move i think the price will collapse instantly. Based upon what, exactly? |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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PenAndPaper
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December 03, 2013, 03:50:55 PM |
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If any of Satoshi's btc is spent, I am sure there will a flood of "OMG, satoshi is back!!!" posts.
If any of Satoshi's btc move i think the price will collapse instantly. Based upon what, exactly? So if the creator and original programmer of bitcoin moves his ,untouched for years coins, wouldn't that raise some flags for you? I mean most people will speculate that he is moving coins in order to sell them. And if satoshi sells coins then hell i 'll sell to. Every single one of them. |
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MoonShadow
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Activity: 1708
Merit: 1007
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December 03, 2013, 06:51:59 PM |
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If any of Satoshi's btc is spent, I am sure there will a flood of "OMG, satoshi is back!!!" posts.
If any of Satoshi's btc move i think the price will collapse instantly. Based upon what, exactly? So if the creator and original programmer of bitcoin moves his ,untouched for years coins, wouldn't that raise some flags for you? Not really. Not only would I have to be able to know which coins are Satoshi's (only the first few hundred blocks can be assumed to be Satoshi's), I'd also have to know that he didn't sell those block reward addresses out-of-band. Neither of these things are knowable, unless he tells us. We'd also have to know that Satoshi himself was still alive, and some heir wasn't finally making moves with inherited funds. Keep in mind that he stopped talking to us shortly before the last Tsunami killed thousands of Japanese in a single day. If Satoshi is actually Japanese & actually an individual, he might be dead. I mean most people will speculate that he is moving coins in order to sell them. And if satoshi sells coins then hell i 'll sell to. Every single one of them.
Go right ahead. I don't agree that everyone will sell them, but I'll offer you an early deal. Get out now and I'll pay you half price on all that you have. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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