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Author Topic: Latest top 100 bitcoin list  (Read 1583 times)
Andrew Bitcoiner (OP)
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October 31, 2011, 06:37:46 AM
 #1

http://bitcoinreport.blogspot.com/

Compared to previous months, the lowest address is now 700 coins less then in previous months which could indicate that bitcoin wealth is spreading to more people.  In my opinion that is a good sign since one possible indication of the bitcoin economy shrinking would have the opposite effect concentrating the wealth into fewer hands.  And indeed 3 addresses can be found with 100k+ coins whereas there was 1 in the previous month.  Of course it can be misleading to read too much into this but it makes me hopeful for more good times to comes especially with the Prague conference in November.

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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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October 31, 2011, 06:46:55 AM
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But the top 5 is getting bigger.

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October 31, 2011, 06:53:57 AM
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But the top 5 is getting bigger.

What are the chances any of those are owned by 1 person anyway?

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October 31, 2011, 07:00:59 AM
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But the top 5 is getting bigger.

Mt Gox is apparently pulling in a lot of BTC. I don't know if they are allowed to sell on their own exchange.
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October 31, 2011, 07:03:21 AM
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But the top 5 is getting bigger.

Mt Gox is apparently pulling in a lot of BTC. I don't know if they are allowed to sell on their own exchange.

Who would stop them?

Besides their profit is not what is that big it is 'our' coins they hold. That's why this is a bit silly to worry on.

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October 31, 2011, 07:12:26 AM
 #6

But the top 5 is getting bigger.

The top 1% controls more than 90% of all the bitcoins.

#occupybitcoins

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October 31, 2011, 08:38:23 AM
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The fact that we can't determine if those address' belong to an individual or a entity really makes the list not as useful.  Still interesting, I like numbers.

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October 31, 2011, 09:12:06 AM
 #8

But the top 5 is getting bigger.

The top 1% controls more than 90% of all the bitcoins.

#occupybitcoins

Sure the bitcoin system isn´t perfect and the bitcoin system doesn´t have a answer to every problem but the bitcoin is more fair than the current fiat money system!

And to the maximum of 21mio. bitcoins we have 13.5mio. bitcoins for mining and everybody must buy the new bitcoins on market or mine it and to mine 90% of all bitcoins the top 1% would need 10000 GPUs and a lot of energy ;-)

I see the bitcoin as a chance to abolish the money privilege of private banks.

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October 31, 2011, 10:03:24 AM
 #9

looks like the 100K and alot of the 50K addresses are linked to the 400K + account from August

1FCzN34C1xCLsDaLxfY7yB5CQKN74ruGHV
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October 31, 2011, 01:25:45 PM
 #10

Related to those numbers:

http://www.thebitcointrader.com/2011/10/is-it-time-to-occupy-bitcoin-street.html

=)

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October 31, 2011, 04:09:13 PM
 #11

But the top 5 is getting bigger.

good eye.  who said the early adopter big accts were dumping Bitcoin and destabilizing the price?

these are the dedicated Bitcoin Backers who believe in Bitcoin and are helping to support the price.  they understand the technology and are using these price dumps to scoop up Bitcoin on the cheap.  the lemming sellers don't understand whats happening.
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