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Author Topic: 744,066 Bitcoin addresses now own at least 1 BTC  (Read 439 times)
freedomgo
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July 26, 2019, 07:57:02 AM
 #21

I don't know there that much, but I'm sure I'm part of the club.
I'm happy to know the number is big, not like what I expected, but is there any way to verify its accuracy?

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royalfestus
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July 26, 2019, 08:02:58 AM
 #22

I only consider the difference in the past one year, it looks significantly lower than in past 7 years. There is possibility that hoarding had started far back as last year June and the higher price this time could have reduced the acquisition from new investors. The addresses in 2016-2018 could also be from ICOs and new exchanges, also, just assumption. The bear market also slowed down the exchange, this might extend till next ATH
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July 28, 2019, 05:10:25 AM
 #23

The 'Bitcoinaire' club continues to grow

https://twitter.com/shakepay/status/1153343040288952322

i don't like to read too much into these metrics---same with total number of addresses or total number of blockchain.info wallets. these stats can be easily gamed. we can't actually tell how many "people" control those addresses. if one bitcoin whale were so inclined, he could make himself look like many thousands of "bitcoinaires". just sayin!
He never said it's people. Title says 744060 addresses. OP, do you own one address from the list?
People who mined/bought bitcoin at the very beginning moment are now holding a huge amount. It would better to have a rich list.
Edit- Here's the rich list- https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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July 28, 2019, 05:30:09 AM
 #24

I don't know there that much, but I'm sure I'm part of the club.
I'm happy to know the number is big, not like what I expected, but is there any way to verify its accuracy?
The number or graph shown on the tweet can't be deemed as accurate because nothing was mentioned about each of the addresses being unique or not.

There could be more or less people who potentially owns 1 BTC but i'd say more as others could be moving their BTC constantly(for profit) through trading, lending, investing, etc then buying it back to complete their 1 btc in the future.

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July 28, 2019, 08:04:48 AM
 #25

I don't think that is the real number of the owner bitcoin address because it's not good if we save all of bitcoin we have in one wallet addresses only. I am sure that many people have separate bitcoin wallet address to keep their bitcoin so they can prevent from losing all of the bitcoin amounts if they get something bad with their wallet. That is normal if we have more than 3 wallet address, so we don't take all of our bitcoin in one wallet.

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July 28, 2019, 08:10:26 AM
 #26

I don't think that is the real number of the owner bitcoin address because it's not good if we save all of bitcoin we have in one wallet addresses only. I am sure that many people have separate bitcoin wallet address to keep their bitcoin so they can prevent from losing all of the bitcoin amounts if they get something bad with their wallet. That is normal if we have more than 3 wallet address, so we don't take all of our bitcoin in one wallet.

i save all of my bitcoin on one address only but the good part is that i dont leave them idle for a long time , instead i use them or i cash out all of them on a certain time .  so far i dont any have bad experiences from hodling a bitcoin and from the online wallet provider that i use   but your suggestions that we must diversify our bitcoins to many wallets is good , just incase one wallet could be hack and we can still have a back up funds left to other wallets  .
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July 28, 2019, 08:13:34 AM
 #27

I wonder how many of that addresses are own by one person only.

I'm pretty certain that most of the riches in crypto does not only put their bitcoin in one wallet, they also know how to minimize the risk, so if we analyze, maybe less than 50% of the wallet address are own by individuals.

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