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Author Topic: Meet the Wealthiest People in Crypto  (Read 13968 times)
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September 30, 2019, 02:43:52 PM
 #101

I think that the wealthiest people usually hide their personality. Bitcoin gives them privacy so i don't think that we will hear their names.

Naturally, most of them will stay incognito. Most of the heads on the leading projects like Ethereum, NEO, Binance are among the richest people that have cryptocurrency. Meanwhile, the crypto market has such people as Tim Draper. He started thinking about cryptocurrencies fifteen years ago when he met a guy in South Korea who bought a virtual sword for his son for cash. Draper bought BTC for the sum of $ 250,000 while the price was at $ 6. Now he has about $ 500 million.
I am not even sure that the main people that have money in cryptocurrency is even known because just recently, I saw some threads on how someone moved about 1 billion dollars within the market and that would surely be a transaction that belongs to one person, or it could be group of person anyway, but people really have money in cryptocurrency and they are extremely rich people which you would not even know.

I would not also be surprised if we have some government money in the bitcoin market also because we would have some that would believe in it but will have to carry out the transaction is covert way where it would not be much known to people. I hope that one day, I can also join the group of richest people in cryptocurrency.

actually many of those wallets with over a billion dollars are owned by exchanges. These large transactions are made by The exchange to move funds from one wallet to another for their operational purposes.

As for the government, well yes the FBI is already involved with cryptocurrency and has been for almost ever since it was created. They have been investigating the Silk road and their legal activities involved with Bitcoin.

About this news about that FBI seized bitcoins funds https://www.coindesk.com/fbi-proves-seizing-bitcoins-isnt-owning
Do you really believe that they dont have access on it? I dont think so. Imagine on how big is the amount that they are holding if ever they do had the access.
We can see list of those richest bitcoin wallets and yes most of them belonged into exchanger and even you can see dormant addresses which we dont even know
if these are lost one or havent been accessed again by its owners but pretty sure that there are lots of rich people on this crypto space.

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September 30, 2019, 07:40:12 PM
 #102

I think that the wealthiest people usually hide their personality. Bitcoin gives them privacy so i don't think that we will hear their names.
Naturally, most of them will stay incognito. Most of the heads on the leading projects like Ethereum, NEO, Binance are among the richest people that have cryptocurrency. Meanwhile, the crypto market has such people as Tim Draper. He started thinking about cryptocurrencies fifteen years ago when he met a guy in South Korea who bought a virtual sword for his son for cash. Draper bought BTC for the sum of $ 250,000 while the price was at $ 6. Now he has about $ 500 million.
I am not even sure that the main people that have money in cryptocurrency is even known because just recently, I saw some threads on how someone moved about 1 billion dollars within the market and that would surely be a transaction that belongs to one person, or it could be group of person anyway, but people really have money in cryptocurrency and they are extremely rich people which you would not even know.
I would not also be surprised if we have some government money in the bitcoin market also because we would have some that would believe in it but will have to carry out the transaction is covert way where it would not be much known to people. I hope that one day, I can also join the group of richest people in cryptocurrency.
actually many of those wallets with over a billion dollars are owned by exchanges. These large transactions are made by The exchange to move funds from one wallet to another for their operational purposes.
As for the government, well yes the FBI is already involved with cryptocurrency and has been for almost ever since it was created. They have been investigating the Silk road and their legal activities involved with Bitcoin.

For sure! However, it seems to me that single persons, people, who managed to make billions on Bitcoin are more interesting to us. For instance, for me, it was a surprise to learn that Ashton Kutcher (famous American actor) was one of the founders of the A-Grade Investments fund, and then financed one of the largest Bitcoin payment operators BitPay. Given such rapid growth in BitPay, one can only guess how much this investment brought to Ashton Kutcher, but the amount there is very impressive.
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September 30, 2019, 08:00:05 PM
 #103

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!
It is all the adoption of understanding the strategies and implementing the right decision at the right time as a Big boss when dealing with huge investments and it is not such easy to handle those huge amount until we are not experienced to deal well with small investments.
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October 14, 2019, 03:43:32 AM
 #104

maybe to get rich with bitcoin is certainly not as easy as we see and we imagine for sure if we want to be rich with bitcoin investments we must have a lot of capital to invest with bitcoin and also to buy bitcoin at a price down and resale at the highest price possible if you have a lot of capital you can do like that to become a rich person in bitcoin.

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October 14, 2019, 03:54:15 AM
 #105

I think that those who are really wealthy in Bitcoin will never reveal their true identity and that is wise thing to do.
Also, every bitcoiner needs to know that getting rich with Bitcoin isn't easy thing to do and that there are only few people who really made to do that. But that shouldn't be the main goal because Bitcoin isn't the tool to get rich over night.

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October 14, 2019, 04:49:06 AM
 #106

I am very happy to read the news about the wealthiest people in crypto, because this proves that with cryptocurrency we can get rich.
Nothing is impossible with hard work, I'm sure the name wealthiest people in crypto called forbes does not get its wealth easily. Should
there is a long process to get it, if anyone thinks crypto can make rich instantly and fast. The person who said that was making a liar.
To succeed in the world of crypto it needs perseverance, hard work, smart work and patience, if you get through these stages. success
in plain sight.

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October 14, 2019, 04:52:47 AM
 #107

It doesnt matter if 99% lose. The difference from other spheres means.
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October 14, 2019, 05:04:30 AM
 #108

I am very happy to read the news about the wealthiest people in crypto, because this proves that with cryptocurrency we can get rich.
Nothing is impossible with hard work, I'm sure the name wealthiest people in crypto called forbes does not get its wealth easily. Should
there is a long process to get it, if anyone thinks crypto can make rich instantly and fast. The person who said that was making a liar.
To succeed in the world of crypto it needs perseverance, hard work, smart work and patience, if you get through these stages. success
in plain sight.

Ofcourse, Whether in crypto or not, dedication and perseverance is the key to attaining success, to achieve success one must be willing to put some hardwork and time, sometimes, people just want to attain that success without putting in any work, even in crypto, we need hardwork, persistent and patient to achieve a better result,  not everyone gets lucky enough to make millions out of crypto but if you're patient enough it will happen,
Some people already give up because of the very long bear market, others keep fighting because they believe, it is not easy but it will definitely worth at the long run.

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October 14, 2019, 12:19:15 PM
 #109

The forbes listing was amazing somehow it really inspires me to become one of them but I guess that is just my dream.  One of the famous bitcoin billionaires that I followed were the Winklevoss brothers and as I checked they are number 4 on the forbes list. Winklevoss brothers were not just famous because of being bitcoin billionaires but also because of Winklevoss ETF proposal that they submitted to the US and Securities and Exchange Commission but sadly it was rejected. I know I cannot be one of them and so my  dream is just to be a bitcoin millionaire in the future and it will depend on the bullish bitcoin trend reaching the 100k$ value.

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October 14, 2019, 02:29:31 PM
 #110

They were the lucky early miners, early adopters, millionaire investors who invested and made multiple millions and some lucky Kids who bought a coin really early and sold at the top, at the right time. They were there in the right place at the right time and their stars were aligned. Kudos to them is all I may add to that and to be honest, what is there left to say? We know that in any emerging market, there will always be those lucky FEW who make it to the top of the pile. I wish them long life and success, but I hope we also have some success also.


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October 14, 2019, 02:53:52 PM
 #111

It will be very difficult to compile such a list, because unlike the case with bank accounts and equities, a Bitcoin wallet can't be linked to a particular individual. An user may be the only one having the private keys to access a particular wallet, but the relation between him and the wallet is much weaker than... say a bank account and its holder.

A perfect example is that of Satoshi Nakamoto's coins. We can say that he is one of the top cryptocurrency holders and he holds a total of BTC980,000 in his wallets. What we don't know is whether he has the private keys to access these coins or not. In case he doesn't have them, then how can we say that these are his coins?

Well.. let me take a simple example. I got $3,000 as my salary today. I withdrew my cash from ATM and then someone stole that cash from me. Can I say that I still own $3,000? The banknotes are still there, but they are in someone else's pocket.

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October 14, 2019, 06:28:57 PM
 #112

These are only the one who are famous and we know, obviously there are some people who are miles and miles richer than some of the people mentioned in the list. There are just some people who don't want to be famous because being famous sometimes or most of the time can also give them problems. I mean if I have that much money, I wouldn't want also to be that famous, just live on a normal yet luxurious life.

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October 14, 2019, 07:30:20 PM
 #113

These are only the one who are famous and we know, obviously there are some people who are miles and miles richer than some of the people mentioned in the list. There are just some people who don't want to be famous because being famous sometimes or most of the time can also give them problems. I mean if I have that much money, I wouldn't want also to be that famous, just live on a normal yet luxurious life.
That's one of the great advantages of bitcoin. Having it anonymously and living the rich life with suffering a low chance of getting a problem with your real-life security would be fair enough by not declaring that you are one of the richest persons and you can move freely around public without getting too much attention. I think the one who declares their riches are the one wanting the reputation or it is their way of gaining the trust of people that they can use for their future projects.
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October 15, 2019, 01:37:32 PM
 #114

This top 19 comprise at most the top 30 billion worth of bitcoin and other crypto. At prices in 2018. If they kept their net worth in crypto, then today in 2019 they'd have lost half in fiat value what they had.

There is still around another 200 billion unaccounted for, who are those others we will never really know unless they go about posting for the world to see. They won't do that as that would expose them to danger and risk of getting their coins stolen, or they might be threatened.

In fact, in that Forbes article, they estimate Buterin to only have $500 million? Anyone else who invested 1k BTC in the ETH ICO would have 20k ETH, worth a lot more than $500 million. Altho, the figure may be accurate if he had cashed out some earlier and not really caring about anything above $50 million, as most people who don't care about money once their basic needs are met.

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October 15, 2019, 01:58:35 PM
 #115

I Think there are people who holds more bitcoin than the twins, but they keep silent because it might put their family lives in danger, and its better if they keep quite because im sure if they were to be name 2 groups will hunt them, government and the underground for sure

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October 15, 2019, 03:58:25 PM
 #116

For those who are wondering who are those 19 people as mentioned by OP, visit this link https://www.forbes.com/richest-in-cryptocurrency/#5f2622a61d49
As bitbunnny says, there might be richer people in phrases of crypto but they do not want to be known by the world. So maybe forbes should be add the word "revealed" or "known" on their article about this richest people.

I agree, there could much richer that' not been listed and they want be be anonymous for their security and this people really take advantage the market and maybe bought a lot of token/coins and sold it before thr fall lat 2017.

I wonder on how they were able to see the total funds of this people on the list? Did they tell the forbes on much worth of crypto they have?
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October 15, 2019, 05:05:25 PM
 #117

This top 19 comprise at most the top 30 billion worth of bitcoin and other crypto. At prices in 2018. If they kept their net worth in crypto, then today in 2019 they'd have lost half in fiat value what they had.

There is still around another 200 billion unaccounted for, who are those others we will never really know unless they go about posting for the world to see. They won't do that as that would expose them to danger and risk of getting their coins stolen, or they might be threatened.

In fact, in that Forbes article, they estimate Buterin to only have $500 million? Anyone else who invested 1k BTC in the ETH ICO would have 20k ETH, worth a lot more than $500 million. Altho, the figure may be accurate if he had cashed out some earlier and not really caring about anything above $50 million, as most people who don't care about money once their basic needs are met.

True sir, some holders remains to be low key and anonymous. It will endangers their life if exposed that they have a lot of money or its crypto equivalent.For  Buterin in list is given because he is founder of Ethereum,but for others who are known  only for their wallet address in blockchain richlist ranking,its hard to know them.

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October 15, 2019, 07:04:34 PM
 #118

This top 19 comprise at most the top 30 billion worth of bitcoin and other crypto. At prices in 2018. If they kept their net worth in crypto, then today in 2019 they'd have lost half in fiat value what they had.

There is still around another 200 billion unaccounted for, who are those others we will never really know unless they go about posting for the world to see. They won't do that as that would expose them to danger and risk of getting their coins stolen, or they might be threatened.

In fact, in that Forbes article, they estimate Buterin to only have $500 million? Anyone else who invested 1k BTC in the ETH ICO would have 20k ETH, worth a lot more than $500 million. Altho, the figure may be accurate if he had cashed out some earlier and not really caring about anything above $50 million, as most people who don't care about money once their basic needs are met.

True sir, some holders remains to be low key and anonymous. It will endangers their life if exposed that they have a lot of money or its crypto equivalent.For  Buterin in list is given because he is founder of Ethereum,but for others who are known  only for their wallet address in blockchain richlist ranking,its hard to know them.
Many people believe that great wealth is great happiness, but no one takes into account the fact that great wealth is also a danger.  The main task for a rich person is not to increase his fortune, but to save it and save his life.  But if you approach the situation on the other hand, then I believe that the very good moment is that many wallets with bitcoins, where large volumes of coins are stored, are inactive.  First of all, I believe that the absence of these coins in the markets makes it possible to reduce the offer for sale and thereby positively affects pricing.

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