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Author Topic: Increasing Number, Who Own 1 bitcoin  (Read 1515 times)
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January 23, 2020, 09:45:45 PM
 #41

I don't think this means more people is holding 1 bitcoin... The same guy can hold different bitcoin addys with more than 1 btc, and that's a good security practice. Maybe there is more people holding 1 btc, but not as many as the graph shows.

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January 24, 2020, 03:07:25 AM
 #42

I'm sure the statistics will increase in the next several months especially this year will happened halving for bitcoin so probably everybody expect to bull run which is most of people will attempts to buy more bitcoin and hold until halving date but i appreciate to those who have 1 btc and decide to hold it and not to sell their bitcoin because lately it's hard to earn 1 btc unless you're the traders with huge amount of money as your capital

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January 24, 2020, 03:40:29 AM
 #43

Increase in the number of people owning one bitcoin or more shows the interest of people towards bitcoin holding. Each and everyone who has been holding bitcoin have known about the real market growth of bitcoin. Rather than saving or investing try to hold bitcoin or trading has provided with the increased chances of profiting. Hope the number keeps growing over the years as calculated by Op.

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January 24, 2020, 04:11:23 AM
 #44

It increase because the number of people who are into crypto also increase.
And I also agree that most of them are investor it would be really hard to own 1 BTC just from working and saving it.
But we could also say that there are some of them who manage to gain 1 BTC from trading.

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January 24, 2020, 04:15:15 AM
 #45

thats a great number of increase for just 10 years imagine we have 6 digits of people having 1 or more bitcoin?

but i wanna ask is there a data of how many people has atleast 0.005 bitcoin to 0.99btc?i am just wondering how many people now are accumulating Bitcoin little by little?i am also interested because i have some friends who has this small amlunt as they are newly entered this market so it will be great for them to hear how many of them are the same.









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January 24, 2020, 06:55:13 AM
 #46

This is a good indications that people have and hold btc at this stage. Good to see the number of who owns bitcoin is increasing so for sure these days some people will accumulate btc with this halving to happen in a few months time. I think the growth for btc will continue and adoption will increase also.
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January 24, 2020, 06:57:23 AM
 #47

From time to time, most of the investors are targeting to achieve exactly 1 BTC or more but this isn't just an indication of increasing market adoption, because for me, this is an indication that most of the people prefers to have 1BTC as an investment rather than a currency that they could use in their daily lives. I find cryptocurrency such as bitcoin more beneficial if it becomes a digital currency rather than investment for people. Because it is not just investors that will enter the market, but ordinary people that is considerably more than investors, this means, better market price and value of bitcoin in the future.
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January 24, 2020, 09:39:51 AM
 #48

I don't think this means more people is holding 1 bitcoin... The same guy can hold different bitcoin addys with more than 1 btc, and that's a good security practice. Maybe there is more people holding 1 btc, but not as many as the graph shows.

Does not matter who is holding how much or in many addresses by single or multiple people. As long as people are holding bitcoins and not selling them, the price of bitcoin will become higher and higher. However, the bitcoin gone to 9200$ and started to dump again. I think that holders are not so confident that bitcoin can break out resistances.

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January 24, 2020, 10:02:18 AM
 #49

I don't think this means more people is holding 1 bitcoin... The same guy can hold different bitcoin addys with more than 1 btc, and that's a good security practice. Maybe there is more people holding 1 btc, but not as many as the graph shows.

Does not matter who is holding how much or in many addresses by single or multiple people. As long as people are holding bitcoins and not selling them, the price of bitcoin will become higher and higher. However, the bitcoin gone to 9200$ and started to dump again. I think that holders are not so confident that bitcoin can break out resistances.

Maybe everyone in this forum, has more than 1 or 2 BTC, it can even be more than I said, because I know that all of you have a pretty good income on this forum, without you being in a large market even though it's already get enough profit ..

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January 24, 2020, 10:22:02 AM
 #50

I don't think this means more people is holding 1 bitcoin... The same guy can hold different bitcoin addys with more than 1 btc, and that's a good security practice. Maybe there is more people holding 1 btc, but not as many as the graph shows.

Does not matter who is holding how much or in many addresses by single or multiple people. As long as people are holding bitcoins and not selling them, the price of bitcoin will become higher and higher. However, the bitcoin gone to 9200$ and started to dump again. I think that holders are not so confident that bitcoin can break out resistances.

Maybe everyone in this forum, has more than 1 or 2 BTC, it can even be more than I said, because I know that all of you have a pretty good income on this forum, without you being in a large market even though it's already get enough profit ..

Well a whale could have several full btcs with different addresses for each one of them. You're right, it's likely that most of these holders are investors who knows all to well to spread their assets in case something goes awry. It's not easy for regular people like us to commit 8k usd and covert it to bitcoins. And in this forum, it'll take a long time to earn even half a btc.

 
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January 24, 2020, 10:30:09 AM
 #51

that's a good sign, bitcoin will be stronger if more people hold it than it is controlled by a handful of people, in my opinion getting 1 btc is not too difficult for those who have skills, I am sure in this forum many people can get btc easily, the difficult thing is to hold it for a long time.
It is not hard for those who have skills but also who have enough money to treat as their capital on investing or trading.
In this forum, there are actually some people, but most likely not the majority. Holding it for a long time is really difficult, but if you know what you are doing, this will become easy and you will use your holdings as your capital to make money out of it.



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January 24, 2020, 11:27:11 AM
 #52

Maybe everyone in this forum, has more than 1 or 2 BTC, it can even be more than I said, because I know that all of you have a pretty good income on this forum...

Do not live in the delusion, although there are signatures and bounty campaigns, and some other ways to earn BTC such as various services and buying/selling digital products, you should know that a good part of the forum users converts their BTC to fiat for daily living needs. Of course, there are those who are real holders, and I think a lot of them have at least 1 BTC.

However, the number of addresses containing more than 1 BTC cannot be a valid reason to claim that the number of individual owners is increasing. One person who has 1000 BTC can have 1000 addresses and on every 1 BTC. However, anyone living in a somewhat more developed country in the world could make a plan and buy BTC in smaller amounts during a relatively low price period ($3000 - 2018), and with $250 per month, he would become the owner of 1 BTC.

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January 24, 2020, 01:53:29 PM
 #53

I guess a lot of people are now buying and storing bitcoins in their wallet and that’s why the number addresses with such an amount is increasing and price increasing as well. I don’t have up to that amount yet, I have been buying slowly and almost close to one bitcoin, I don’t even think I can risk more than that amount as it is now.

Sometimes I buy a bit of coins and store in my wallet and that’s how I plan to be doing it. Whenever I get money I divide them into three or more, one share goes to my savings, the other for spending and the remaining goes to Bitcoin.

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January 24, 2020, 02:10:55 PM
 #54

It doesn't really effect that much to Bitcoin, OP.
It is the same question as how do we affect the price of Bitcoin while hodling any amount. It is surely all about the demand and supply most of the time.
It is gonna be expected like usual for the price to increase, and due to globalize access to Bitcoin to most of the countries, it causes instability to the price.
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January 24, 2020, 06:29:40 PM
 #55

I was holding mote then a bitcoin at one point. I had to sell it though since I was being paid in bitcoin and needed money for things. I sold at the begining of last year Sad I'm very sad about it. I wish I bought tether months earlier. So please diversify guys. Don't be like me.

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January 24, 2020, 06:35:55 PM
 #56

As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.


For me, this is great news since bitcoin is influencing a lot of users, as the number increases meaning the community is already getting bigger surely when a lot of people invested in bitcoin it could easily increases the market price of the bitcoin because of the supply and demand thing.

In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.

What is your opinion about this? How does it affect bitcoin?

How come if 784,000 number want hold their assets together without sell until bitcoin back above $16,000, I think if you agree with my opinion I will join with your team together we hold and save bitcoin until price is growing to higher price. Maybe is the best way how to make bitcoin always become popular transaction have higher price.
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January 29, 2020, 12:48:22 AM
 #57

Maybe everyone in this forum, has more than 1 or 2 BTC, it can even be more than I said, because I know that all of you have a pretty good income on this forum...

Do not live in the delusion, although there are signatures and bounty campaigns, and some other ways to earn BTC such as various services and buying/selling digital products, you should know that a good part of the forum users converts their BTC to fiat for daily living needs. Of course, there are those who are real holders, and I think a lot of them have at least 1 BTC.

However, the number of addresses containing more than 1 BTC cannot be a valid reason to claim that the number of individual owners is increasing. One person who has 1000 BTC can have 1000 addresses and on every 1 BTC. However, anyone living in a somewhat more developed country in the world could make a plan and buy BTC in smaller amounts during a relatively low price period ($3000 - 2018), and with $250 per month, he would become the owner of 1 BTC.
Might be that one people could own 1 or more bitcoin address but the fact that he has 1 bitcoin or more is already the thing that affects the bitcoin.

I think this is already a great thing for bitcoin as it increases its investors that could potentially increase the market price of bitcoin in the future, for sure it might be alarming if the numbers are decreasing meaning bitcoin is actually decreasing its market, and potentially the market is going down if continue.

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January 29, 2020, 05:07:22 AM
 #58

This is nice!! I don't really know but I'm sure they are mostly owned by exchange sites. On the other hand, it's really very positive if it's owned by exchanges because it shows that the exchange sites are increasing in number. In summary, bitcoin is getting more popular and we should be happy about that.

 Promote bitcoin; it's for "us"!!!

Get a wallet and move some BTCs, here's mine: [12GZz7hegu8VCkJYHSuP3WTXg7LGXgL1vT]
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January 29, 2020, 05:52:01 AM
 #59

I think this will have a good impact on bitcoin. with this fact proves that bitcoin enthusiasts are increasing. if bitcoin enthusiasts more and more of course this will make the demand for bitcoin also increase. and if the number of people who own bitcoin is increasing this can reduce the manipulation of bitcoin prices by the whales.

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January 29, 2020, 04:43:14 PM
 #60

I think this will have a good impact on bitcoin. with this fact proves that bitcoin enthusiasts are increasing. if bitcoin enthusiasts more and more of course this will make the demand for bitcoin also increase. and if the number of people who own bitcoin is increasing this can reduce the manipulation of bitcoin prices by the whales.
No doubt, Bitcoin’s popularity is a very positive news for all of us. Bitcoin users are increasing and this will increase the further price of it and make the Bitcoin more powerful. Coming to the point of whales their effect will reduce when the number of users will increase as they can manipulate the market because they are among the users having largest number of coins. When the number of users will increase this will make the market and its king “Bitcoin” more stable and secure.

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