How many people or percentage has held at least 50 or 100 btc at one point?

[pooya87]

Back then, was many ppl with like 50 or 100 btc or even 1000 btc basically treating it like nothing when it was worth like 10 cents a coin?  For example i read about ppl who would gamble btc at online casino etc with 100s of btc like it was nothing.  WAs there a lot of that back then?  Because if btc was 1 dollar, then its only worth 1k... if there is 1000 bitcoin.

there wasn't that many places to gamble bitcoin back when price was less than $1 and those that were around weren't that popular to attract that many users. not to mention that gambling isn't something that everyone does.
apart from that, there is certain anonymity about bitcoin which makes it impossible to know how many people were doing what with their coins and how much they owned.

[1715208494]

1715208494

[1715208494]

1715208494

[1715208494]

1715208494

[1715208494]

1715208494

[jerry0]

Well what about those from a long time ago when btc was around 10 dollars and less?  Or when it was 1 dollar?  Surely ppl had like 500 plus or more when it was 1 dollar or less and didn't treat it like its worth anything?

[jerry0]

But there were lot of ppl that treated bitcoin like it was nothing right?  Like they would send 100 or 1000 bitcoins to others without thinking much of it?

[keziakusayang]

we certainly cannot know how much someone holds bitcoin. of course it's very secret, only a few people dare to express it.
but in my opinion there aren't many people who hold a lot of bitcoin. millionaire millionaires are very afraid to invest in bitcoin because the price of bitcoin is not stable. maybe even if there is, I think it's an investor who bought a lot of bitcoin a few years ago when the price of bitcoin was very low.
to know for sure I think nobody knows.

[adaseb]

I am pretty sure if you bought 100 BTC at $1/BTC you would of most likely sold half of it at $2/BTC and the rest at $5-$20/BTC. Pretty sure this is how the majority of the sales took place.

There is a small percentage of people who are still holding in the $1-$20BTC area but they probably already took profits along the way. And some people like Roger Ver, ran a business and accepted BTC and had loads of it and only sold small amounts as the price kept rising exponentially.

[LuckyBtc]

I certainly haven't held that many and probably won't in future as price is going to rise significantly. You won't get any accurate answer to this, People don't want to reveal how much they're hodling for the obvious reasons. However, Bitcoin blockchain is an open book, You could write a script that would scrape data and give you some answers..

[Kakmakr]

Just remember owning 50 to 500 coins back in 2009 to 2012 was not a big accomplishment back then and people thought nothing of spending say 50 coins on t-shirts and whatever was sold back then. Lazlo's Pizza is a good example of that, so it only becomes relevant if those people bought those coins back then and hoarded it until after 2017. 

I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins. 

[adaseb]

Just remember owning 50 to 500 coins back in 2009 to 2012 was not a big accomplishment back then and people thought nothing of spending say 50 coins on t-shirts and whatever was sold back then. Lazlo's Pizza is a good example of that, so it only becomes relevant if those people bought those coins back then and hoarded it until after 2017. 

I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins. 

Yes this is true and this is why its not fair to bash that guy for spending 10000 BTC on a couple of pizza's because who knows if Bitcoin would be where it is today if it wasn't for that transaction.

Maybe if that transaction never happened people wouldn't see the utility of Bitcoin and it could of died off, its a possbility. In hindsight it sure looks like a bad trade but that bad trade might of been what made bitcoin what it is today. Because after that pizza trade there was more and more people buying goods and services with Bitcoin.

[RonF]

Me - 250.375 BTC at $250 plus each.

[AjithBtc]

Right now the percentage of bitcoin users seems to be 3-5%, among them when we calculate about the people having 50,100 or more bitcoin will be very less. Most of the users with such a big number seems to be the early adopters. When it was a giveaway none cared about it. Further when growth progressed the demand increased same is the price and it went as an expensive investment.

[jerry0]

Did ppl who bought btc at 1 dollar really sold them at 2 dollars or more?  I can understand that if you buy big amounts... but lot of ppl did this when say buying 100 btc at 1 dollar and then selling it off at 2 dollars for 100 dollar profit?


If that is case, wouldn't that mean tons of ppl had 1000s of btc especially when it was 50 cents or so?  At around what price in btc... did it start to get more ppl into it?  I know it was at 1 cent when it first came out... but at what price was it where ppl say okay this could be something?  Like 1 dollar?  Obviously when it was 10 or 30 dollars, that became pretty well known for ppl.

[veleten]

it is not possible to tell  how many , for that you would have to check billions of addresses
but in the early years 50-100 bitcoins was nothing , an average GPU in 2010 could mine you a coin in a few days
I remember faucets ( not the one dishing 5 btc and then 1 btc out , the smaller ones ) that gave out 100k satoshi per claim
and they were not even popular - hell who would have known that time ....
I had more than that and I literally wasted my fortune , hindsight is always 20 20

[gentlemand]

but at what price was it where ppl say okay this could be something?  Like 1 dollar?  Obviously when it was 10 or 30 dollars, that became pretty well known for ppl.

People have been urging others to stick a fork in it well into 2015 and beyond. I remember one guy starting a thread telling us he'd sold everything as he'd done the math and it was literally impossible for the price to ever go above $300.

Around 30 minutes after he posted that the price went over $300.

It's easy to forget how small it was in 2010/11 and how obvious everything looks in retrospect. If you'd made 100x times your money from 1c to 1$ then I'm sure many around now would've sold if they were around back then.

If you'd arrived on a thread in 2011 and laid out what was happening less than a decade later - a five figure price, the US president dissing it, the biggest names in finance getting ready to trade it - you would've been laughed out of there. People might have believed that if you said it happened in 2069.

[Nolimitz84]

Right now the percentage of bitcoin users seems to be 3-5%, among them when we calculate about the people having 50,100 or more bitcoin will be very less. Most of the users with such a big number seems to be the early adopters. When it was a giveaway none cared about it. Further when growth progressed the demand increased same is the price and it went as an expensive investment.

Yes, I remember the story with the guy who threw his hard drive on the garbage that stored thousands of bitcoins.When he found out what the price of bitcoins became, he started looking for that hard drive in a landfill, but naturally he never found it. It's sad to hear such stories.I didn't have a lot of bitcoins just because there was nowhere to buy them.I just didn't know how to buy it.

[CryptopreneurBrainboss]

I think everyone who on the forum has the rank of a legend by far have 100 bitcoins on your account).It is difficult of course to know the exact number of holders, but I have never had even 10 bitcoins on the account.

Think again, before the merit system was introduced a year ago (2018), it took just appropriately 3years to achieve the legendary rank status with activities. Therefore anyone privilege to be active on the forum would had been able to achieve that rank irrespective of hodling bitcoin or not. Don't forget most users only joined the forum so they could earn themselves some bitcoin and not because they had bitcoin beside, back then the level of trust bitcoin has now wasn't present so not everyone would be optimistic enough to invest approximately $30,000-$50,000 into holding 100 BTC as you presume.

[gentlemand]

Think again, before the merit system was introduced a year ago (2018), it took just appropriately 3years to achieve the legendary rank status with activities. Therefore anyone privilege to be active on the forum would had been able to achieve that rank irrespective of hodling bitcoin or not. Don't forget most users only joined the forum so they could earn themselves some bitcoin and not because they had bitcoin beside, back then the level of trust bitcoin has now wasn't present so not everyone would be optimistic enough to invest approximately $30,000-$50,000 into holding 100 BTC as you presume.

Aye. It's bonkers to assume that you're loaded just because you've been here a long time. I've seen plenty of old school users admit to having a piddling amount.

Real life gets in the way for most people. It might have been the only source of realisable money for many and the bills never stop coming.

[custard_pudding]

i think less than 0.0000013 of world population has ever held more then 1 bitcoin.
How does this info help you?

[ene1980]

 Are there lot of people back then who had say 500 or 1000 btc and bought it for like 10 cents and then sold it at 1 dollar and thought great i made a great profit?  Then they did not follow btc after that only to see how much it has went up later on?

Everyone used to mine bitcoin in the earlier days literally using your CPU and GPU power and during those period the block reward was 50BTC and you could get thousands of coins if you had a decent GPU in no time until people started mining pools to combine the hashing power, so when the market started its valuation people used to sell the coins at that rate basically single and double digit valuation and you never felt that you are selling off your golden goose during that time.

[jostorres]

That is a very big question as no one can actually say what percentage of people has such in their possession right now bit we donhave some whales and also exchanges can have such bit we can't get the figure for sure.

That is right, it is hard to tell, holding such Amount of bitcoin depends on the financial status of the investor and the amount bitcoin was sold for at the time the interest to invest in bitcoin arose. I doubt if we have anyone that can even still boast of having their BTC bought 10 years ago intact. We have several people that bought at 1 cent and sold at 1 dollar without ever thinking bitcoin will get to this stage.

The only people that I know usually do have up to such amount aside whales are traders, because tee more money they trade with, the more they get from it. Some have even been able to gather up to that, but because of personal needs, they end up spending. I could remember that there was time I could boast of 7 BTC, but as needs arises and I started spending, the BTC kept declining until it turns to 2 BTC, so for me, I can only boast of 2BTC right now for my bitcoin investment.

[imstillthebest]

there were actually many  . too many that we cannot exactly count anymore  .

  by browsing on this forum we can see different people with different threads about how they was dissapointed to loose thier huge amount of btc because they didnt expect that btc will grow huge like this  but some are just on a badluck to loose thier btc on thier old hardrives and broken devices  such as usb flash drive , computer , etc ...   but for other we can say that we are lucky because we didnt experience those horrilble experience that they have before  .