Where are all the Bitcoin millionaires?

[Prolifik]

Congrats MPOE-PR, you're in my sig. TROLOLOLOLOL

[Caiapfas]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

[MakeBelieve]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

That's a great point you have everyone sells when it gets to high and their intial investment was very small and they sold when it got in the big money as soon as possible because they didn't think this was going to happen.

[MakeBelieve]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

That's a great point you have everyone sells when it gets to high and their intial investment was very small and they sold when it got in the big money as soon as possible because they didn't think this was going to happen.

Some people think that crypto is here to stay and will destroy the current banking system. These people HODL.

I doubt many people thought that when Bitcoin first started though? Only a few would have held.

[Prolifik]

There are more than 890 addresses with at least 1,200BTC in them.

More than 2500 addresses with at least 500BTC.

The millionaires are out there, they're just really quiet about it apparently.

[MakeBelieve]

I guess but most of those wallets may have been lost because they didn't realise the potential I bet if you take a look nothing has been transfered from those addresses in a very long time.

[gentlemand]

It's an interesting question. It would've taken vision, forgetfulness or lack of need to have not sold up a big chunk a long time ago if you had gathered a large amount.

Holding now seems to make a lot of sense. The psychology even 18 months ago must've been quite different.

If I had a big holding I most definitely wouldn't be telling anyone about it.

[vetranger2001]

There are more than 890 addresses with at least 1,200BTC in them.

More than 2500 addresses with at least 500BTC.

The millionaires are out there, they're just really quiet about it apparently.

Also keep in mind most people break up their coins to many different wallets.

It's always possible to trace back to their source  no hiding in bitcoin universe

[Soros Shorts]

There are more than 890 addresses with at least 1,200BTC in them.

More than 2500 addresses with at least 500BTC.

The millionaires are out there, they're just really quiet about it apparently.

Also keep in mind most people break up their coins to many different wallets.

It's always possible to trace back to their source  no hiding in bitcoin universe

Check out how many address have 50 btc and nothing else.

Track that...

Yep, 50 BTC chunks CPU-mined to unique addresses back in the day of 0 fees.

[jubalix]

the sort of people BTC attracts and got it early on, and did not somehow loose keys, get scammed and Hodl till now, are likely self selecting for , smart, anon, quiet, resilient, not easily trolled types, scammed types.

They probably understand they not only gain nothing from being flagrant with their wealth, except paining increasingly large targets on their back from well...take a pick.

satoshi lead the way in this.....and most that hodl on will continue to self select. They are by and large not the type that will get much lasting gratification from ostentatious displays of wealth, but meaningful achievement, in stewardship of something better.

It just they way they would be wired.

Of course there will be outliers, but in the main I think this how it is.

I hodl my ubtc  horde in hope.....

[Caiapfas]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

That's a great point you have everyone sells when it gets to high and their intial investment was very small and they sold when it got in the big money as soon as possible because they didn't think this was going to happen.

Some people think that crypto is here to stay and will destroy the current banking system. These people HODL.

These people are WRONG. Long as you can lose all your BTC without any protection and there is no protection on your BTC it will never EVER go mainstream.

You steal my cash, you don't send my product or you hack my bank, I get it all back. FDIC also protects me. BTC has none of that. this is just temporary.

[tvbcof]

Seems that some level of hodlings elevates one to a social status to where one does not stoop down and enter the den of troll-talk.

Of course that level varies from person to person...

And, or course, there are many reasons for a guy's interests to shift around (and money tends to produce these reasons at a higher rate.)  Those who no longer bless us with their presence are most probably doing much more productive things.  It's always a delight, however, to see a ghost of certain of them flutter through or be called back via some necro post.

[reymarkperry]

You can find bitcoin millionaires in online casinos; usually, they are busy earning more bitcoin. I’ve heard many successful players in the gambling world because of bitcoin, that’s why I got interested to play too… hoping I could be one of the millionaires too.

[bitcerto]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

That's a great point you have everyone sells when it gets to high and their intial investment was very small and they sold when it got in the big money as soon as possible because they didn't think this was going to happen.

Some people think that crypto is here to stay and will destroy the current banking system. These people HODL.

These people are WRONG. Long as you can lose all your BTC without any protection and there is no protection on your BTC it will never EVER go mainstream.

You steal my cash, you don't send my product or you hack my bank, I get it all back. FDIC also protects me. BTC has none of that. this is just temporary.

The absence of something in the present does not dictate it's absence in the future.

[jubalix]

other than the creator i bet there are no btc millionaire miners. Like how many LTC have you sold...hundreds? What if they go to $800/each.

I think that's what has happened to the BTC early guys. They sold them to soon.

That's a great point you have everyone sells when it gets to high and their intial investment was very small and they sold when it got in the big money as soon as possible because they didn't think this was going to happen.

Some people think that crypto is here to stay and will destroy the current banking system. These people HODL.

These people are WRONG. Long as you can lose all your BTC without any protection and there is no protection on your BTC it will never EVER go mainstream.

You steal my cash, you don't send my product or you hack my bank, I get it all back. FDIC also protects me. BTC has none of that. this is just temporary.

thats easily solved, gateways that get good reputations stand to profit more by honest trade, than one off hits. Eg that what exchanges do.

[Biomech]

There are more than 890 addresses with at least 1,200BTC in them.

More than 2500 addresses with at least 500BTC.

The millionaires are out there, they're just really quiet about it apparently.

While I myself am a po' boy, I've known a few millionaires. Most of them do NOT advertise, other than they tend to wear the finest clothes and not drive old junk. People pester the fuck out of a guy known to have money, and it costs money to prevent that.

Smart people with a moderate to large bankroll do their business quietly, unless there is a good reason not to. Lottery winners tend to be broke within a decade, cuz they "live large" instead of being careful with their money. If I were a millionaire, you would never know it. I'd have the money to purchase the peace and quiet that I like.

[bitcerto]

There are more than 890 addresses with at least 1,200BTC in them.

More than 2500 addresses with at least 500BTC.

The millionaires are out there, they're just really quiet about it apparently.

While I myself am a po' boy, I've known a few millionaires. Most of them do NOT advertise, other than they tend to wear the finest clothes and not drive old junk. People pester the fuck out of a guy known to have money, and it costs money to prevent that.

Smart people with a moderate to large bankroll do their business quietly, unless there is a good reason not to. Lottery winners tend to be broke within a decade, cuz they "live large" instead of being careful with their money. If I were a millionaire, you would never know it. I'd have the money to purchase the peace and quiet that I like.

I was just thinking today that it'd be nice to be rich enough to be agoraphobic.

[xDan]

I was just thinking today that it'd be nice to be rich enough to be agoraphobic.

hey, you can be that if you're poor too. Just need to find work online