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Author Topic: How many people or percentage has held at least 50 or 100 btc at one point?  (Read 899 times)
jerry0 (OP)
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February 13, 2019, 06:28:38 PM
 #1

What percentage of people would you say that is?  Whether it is now or all the way back in 2009 etc.  Back then when people bought btc or got it, i assume people usually got like 10 or 50 or 100 or in bunches right when it was like 1 cent or 10 cents or even 1 dollar?  The thing is are there lots of people on this forum who held at least 50, 100 or more btc a while back like say 2012 and before?  I would have to assume some people probably had 500 or 1000 or even 5000 easily back then right when it was like under 10 cents and then using it or not caring about it?



Thus there probably are many would be millionaires even now had they kept the btc?  How much people around the world would you say that is around?  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?



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February 13, 2019, 08:03:03 PM
 #2

I do not know, but I bought over 250 bitcoin several years ago when it was about $250 and then got a free amount of free bitcoin cash in August

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February 13, 2019, 08:19:26 PM
 #3

The simplest answer is there is no way to know for sure. Smiley

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February 13, 2019, 08:22:10 PM
 #4

I do not know, but I bought over 250 bitcoin several years ago when it was about $250 and then got a free amount of free bitcoin cash in August
So, u r HODLing 250 units of all bitcoin forks including bitcoin itself?

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February 13, 2019, 09:31:54 PM
 #5

What percentage of people would you say that is?  Whether it is now or all the way back in 2009 etc.  Back then when people bought btc or got it, i assume people usually got like 10 or 50 or 100 or in bunches right when it was like 1 cent or 10 cents or even 1 dollar?  The thing is are there lots of people on this forum who held at least 50, 100 or more btc a while back like say 2012 and before?  I would have to assume some people probably had 500 or 1000 or even 5000 easily back then right when it was like under 10 cents and then using it or not caring about it?



Thus there probably are many would be millionaires even now had they kept the btc?  How much people around the world would you say that is around?  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?

There's no actual way to know it. Bitcoin is not centralized like bank accounts. So if you ask JPM that how many of their bank account holders have 1 million or more, they will have the data readily available. That's not the case of bitcoin.

There are certainly a lot of millionaires in crypto market. But that's the beauty of bitcoin because there's no way to know how much wealth a person is holding unless you know his/her bitcoin address.

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February 14, 2019, 01:42:14 AM
 #6

my coins are spread over many addresses so fortunately i do not have to disclose the actual amounts (i got no interest in being spammed by people wanting to kiss my ass like some rich uncle would get around the time they write their Will)
but 2012 was a good year to enter the bitcoin ecosystem for me (circa $6 per coin at the time)

id say many involved pre 2013 most definitely did get a nice hoard of bitcoins.
if you exclude the 'top 100' richlist addresses as those are majority exchanges/custodians/mining pools anyways, you end up seeing there are some addresses that still hoard coins from over half a decade ago

although trying to get an actual % / number of people is something no one will be able to give a useful number of

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February 14, 2019, 03:52:51 AM
 #7

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

there is simply no way of knowing this. even in early days if you mined bitcoin you would have done it to a new address each time so there is a good chance the coins are spread among multiple addresses. and at some point people saw the rise, sold or at least moved their coins to different addresses,... i have seen whales do it multiple times. they spread the coins among multiple addresses.

Thus there probably are many would be millionaires even now had they kept the btc? 
there are but again not necessarily. many who bought or mined in early days, lost access or sold at some point and some held. so you can't necessarily say if someone had large amounts of bitcoin at some point he is now a millionaire.

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February 14, 2019, 05:29:21 AM
 #8

So, u r HODLing 250 units of all bitcoin forks including bitcoin itself?
Almost true, in some cases, the fork wasn't 1:1, BTX was 1:2. For each 2 BTC, you will get 1 BTX only. BCD was 10:1, for each BTC, you will get 10 BCD. But the majority of the forks were 1:1. In that case, he owns 250 units of all fork coin which is a paasive amount.

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February 14, 2019, 05:47:14 AM
 #9

It is really hard to know the percentage or the number of people holding 50 btc or above. As the balance in any bitcoin address is transparent it is possible to count the number of users. But the complication is that it cannot be done in a short as each and every bitcoin wallet till date needs to be viewed. I believe around ten percent of the entire cryptocurrency users will be having 50btc or more by now.

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February 14, 2019, 05:57:48 AM
 #10

The simplest answer is there is no way to know for sure. Smiley

This would be impossible to know but only thing is that on this forum do we have anybody who has held or had a privileged to hold such number of btc and do they still hold that which means they really knew that future of crypto is going to come.
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February 14, 2019, 07:14:35 AM
 #11

It would be really interesting to know that fact. The highest I went to was 43 Bitcoin, when I bought into an ICO but never sold those coins when they were worth 43 Bitcoin but sold them when they went down to 12 BTC, ALSO failed to sell 38 BTC worth of Coins last January so for me to ever get to 50 BTC in pure BTC would need a huge miracle or for me to make a few hundred thousand dollars worth of exploding Crypto to buy that amount of Bitcoin. So I wonder here how many people have actually 50 or more BTC in their hand? I would love to know even that percentage amount from this forum, how many big BTC holders do we have right now Any ideas in here anyone knows?


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February 14, 2019, 10:29:06 AM
 #12

I do not know, but I bought over 250 bitcoin several years ago when it was about $250 and then got a free amount of free bitcoin cash in August
You may not be a whale but you hold a lot of it right now and the price seems good. I think you're a dolphin in terms of ranking the people in the community on how many you are holding. Including the bitcoin forks (BCH and others) if you sold some of it during the all time high days on December 2017, you have earned pretty good.
The simplest answer is there is no way to know for sure. Smiley
Yep, even creating a survey won't do.

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February 14, 2019, 10:39:21 AM
 #13

The thing is, it will be a impossible task to determine that, because you do not know if someone has split their coins into say 20 different addresses with 2 or 3 coins each.  Tongue It might have been easier to determine that, if there were no mixing of coins being done, but after the introduction of mixer services, this all became impossible to trace.  Grin

A lot of these old bitcoiners also used services that are closed down now, so you will never be able to trace that back to a specific individual.  Wink

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February 14, 2019, 11:36:20 AM
 #14

In time when BTC was born and very easy to mine with 50BTC per block, it was not too many people involved in mining or trading. If we look at today's research in terms of how many people are today participates in cryptocurrency, estimates say it is from 0.5% to 1% of world population. Given the present situation we can conclude that this percentage was far smaller in the first years of BTC existence.

According to my free judgment, it may be a few thousand people who have 50 or 100 BTC at one point, taking into account that some people mine hundreds of thousands coins at the very beginning. Today is not easy for most people to get even one whole coin because price is to high, and people who have thousands BTC use every favorable situation to buy even more.

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February 14, 2019, 11:38:32 AM
 #15

the answer is, you can't know that for sure, but if you have time like infinity and all the addresses, you can check them manually and sum up, lol.
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February 14, 2019, 11:50:39 AM
 #16

Obviously there no platform or people who did a system in looking for this kind of instances but actually I think there is a way but you must do it manually, look at the transaction from the genesis block up to the block that satisfies your question so with this you can see each transferred Bitcoin amount, it's doable but close to impossible  Tongue.



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Rainbot
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jems
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February 14, 2019, 06:19:10 PM
 #17

The simplest answer is there is no way to know for sure. Smiley
I agree with you, no one knows for sure about that but what is certain is that the large number of bitcoin holders is currently getting smaller because many of them sell it in 2017 and maybe right now they are still selling with disappointment.
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February 14, 2019, 08:16:38 PM
 #18

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.
BurgerCash
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February 14, 2019, 09:39:56 PM
 #19

There's certainly an upper limit due to the limited amount of bitcoins, but since pretty much every person is in possession of more than one public key it's hard to determine just by looking at the blockchain.
But a few years ago with only 10MM bitcoins mined, when Roger Ver owned 300k, Satoshi owned 1MM, Winkelvoss twins owned 1MM, Jed Mccaleb owned 250k, Erik Voorhees owned 100k, Gavin Andresen probably owned a lot as well... - there was probably room for no more than a few thousand owners of 100 BTC.

Borderless trading with the Jarvis Exchanges.
Buy Apple stocks with Bitcoin. Jarvis.exchange (http://Jarvis.exchange)
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July 05, 2019, 02:47:08 AM
 #20

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.


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