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Author Topic: holding bitcoin from early 2010 till today  (Read 1504 times)
Johnyz
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March 01, 2021, 11:46:27 AM
 #21

I’ll not reveal myself if I’m holding such amount of Bitcoin because I know, hackers will run after me and my Bitcoin wont be safe anymore. Many early users are still holding their bitcoin because they believe on this technology and they’ll lose nothing here since they are early users who bought or got bitcoin at the very cheap price.
Lordhermes
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March 01, 2021, 02:22:01 PM
Last edit: March 02, 2021, 10:44:49 PM by Lordhermes
 #22

is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
There are some people that have bulk of bitcoin in their old wallet which they have either lost their keys or are present at the moment, some hodlers are patient enough to hodl till they gets more older.
Lucius
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March 01, 2021, 03:24:08 PM
Merited by paxmao (1)
 #23

I know of a case of a forum user who has 40 000 BTC and has already moved them several times, and has been a member of the forum since 2012.
Someone Just Transferred 40000 Bitcoins
https://www.blockchain.com/btc/address/bc1q5shngj24323nsrmxv99st02na6srekfctt30ch?page=1

Here is someone unknown who has been holding coins since 2009 ->

Code:
"Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message.

The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.

We are all Satoshi"



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https://www.reddit.com/r/bsv/comments/gq8ao1/more_than_100_addresses_with_unmoved_bitcoin/

If this wasn’t Satoshi, I don’t know who else could be Wink

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wxa7115
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March 01, 2021, 09:41:03 PM
 #24

is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
Satoshi is definitely one of them, he has not moved his coins and there is no reason to believe he is ever going to move them, since the blockchain is a public ledger we know when was the last time some coins moved and there are many addresses that have had their coins since those days and no movement has presented itself.

This either means that those coins are lost or that the owner of those coins does not see any need to move them at all, so I think there are a significant number of people that had their coins since that time, but obviously they do not want to bring attention to themselves and they prefer to not reveal themselves to the world.
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March 01, 2021, 10:05:11 PM
 #25

I believe there are still early investors who are not selling yet their bitcoin but prefer to not disclose that information for their privacy.

These pioneer investors are seeing btc as a long term asset and similar to satoshi who wants to become anonymous.

If only I knew about bitcoin at that time and had gain trust then probably im one of those who believe on btc at an early stage and partying at this point.

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March 01, 2021, 11:17:09 PM
 #26

There are probably a couple of early investors still HODLING since 2010. Such people are mostly rich people who aren't concerned with the ups and downs of BTC. Instead, their goal is to support BTC by HODLING and selling when the price is optimal in their opinion.

They are basically hardcore believers of BTC. Such people usually guard their identities using a plethora of security measures for obvious reasons.

They are whales among whales in the cryptocurrency market with the power to manipulate the market whenever they feel it's necessary.

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March 01, 2021, 11:52:16 PM
 #27

What I can imagine is that people who still store Bitcoin from early 2010 till today are only the creator of Bitcoin, namely Satoshi Nakamoto.
Because I am sure that early adopters will immediately sell their Bitcoin when they get a large enough profit. And they would not have thought
that Bitcoin could reach the price it is today. So it is very unlikely that there will still be someone holding Bitcoin from 2010 until now. Maybe there
are early adopters who still keep Bitcoin until now, but because they really can't access their wallets.

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March 02, 2021, 09:00:07 AM
 #28

there are still bitcoin holders from that year that still has bitcoin holdings until now. Those massive pumps of course will attempt them to sell "some" of their bitcoins but if they are true believers that bitcoin will hit huge pump price in the future, then not all of their bitcoin has been sold.
 
 Well, we can't tell otherwise they prove it  but then I also doubt if they reveal that now.
Not everyone owns bitcoin because they care about the price of bitcoin, it could be 1000 dollars or 1 million dollars or whatever and they will still not sell it because some people do not invest into bitcoin thinking they will make a profit, their whole situation is not based on price or making profit, that is why they will not make any type of profit at all.

I am not really saying that we should not profit from it, you can, and all those people that bought in 2010 and sold so far did made a profit and that is the big majority of people who did, hell most of them bought in 2010 and sold in 2010 as well, and some sold later and by today almost all of them did, and there are some that didn't because they do not can't reach the money so it is there involuntarily, but there are few people left who do not care what the price is, they invest because they believe in the future of the project and not the price of it.
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March 02, 2021, 09:43:54 AM
 #29

is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?

Let's excuse satoshi on this question since its already given that he holds huge bitcoin since he is the creator of this coin, but for others there's no proof yet that there's anyone holding bitcoin last year 2010 until now since the selling pressure even before is so high that's why provably majority who have bitcoins at that year already sold their bitcoin before or even today, The most common scenario we see right now is new holders which aims bitcoin to reach at $100k or even more triple digit figures in future.

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March 02, 2021, 10:15:42 AM
Merited by Oasisman (1)
 #30

...but for others there's no proof yet that there's anyone holding bitcoin last year 2010 until now since the selling pressure even before is so high that's why provably majority who have bitcoins at that year already sold their bitcoin before or even today...

Have you read at least a few posts before going to write such nonsense? In my previous post alone, you have over 100 BTC addresses that contain coins from 2009, and there are as many more as you want. Contrary to the opinion of you and others like you who look at Bitcoin only through the prism of profit, those who witnessed the creation, and who made it possible for the project to come to life, were not burdened with the idea of buying cheap and selling for big money.

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March 02, 2021, 11:38:17 AM
 #31

is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
Probably not, because they will not be able to imagine and I'm sure no one will be able to resist the attractiveness of the value that bitcoin creates.  
Either that person has too many conditions, or they don't care about the value of bitcoin every year.  And if there was someone, it was definitely the biza story that year, they would become billionaires now.
Maybe they couldn't survive or they die.  Tongue
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March 02, 2021, 01:00:14 PM
 #32

~snip~

Have you read at least a few posts before going to write such nonsense? In my previous post alone, you have over 100 BTC addresses that contain coins from 2009, and there are as many more as you want. Contrary to the opinion of you and others like you who look at Bitcoin only through the prism of profit, those who witnessed the creation, and who made it possible for the project to come to life, were not burdened with the idea of buying cheap and selling for big money.

Yep and they're the realest of the real Bitcoin enthusiast and supports the technology (unless some those old addresses were forgotten).
But I have to agree that not everyone who owns Bitcoin aims for the big profit. Some, are aiming for Bitcoin to become one of the mainstream advance payment system that will co-exist with fiat for a very long period of time.

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March 02, 2021, 05:56:57 PM
 #33

Did bitcoin ever went that low to 1cent? I saw somewhere that its lowest was 10cents. Was that what you wanted to write but mistakenly wrote 1cent? On the part of anyone holding from 2010 till now, that is not possible holding without selling till now. Everyone sells at the point they see they have made enough profit on investment. Buying at less than a dollar and not selking when it got to $1,000 will be a miracle.
At one point in the time price was much lower than $0.01. In the reddit AMA theymos had years ago, he confirmed (and shared screenshot) that he sold BTC for insanely low price (1 BTC went for $0.003), but that's how it was back in the day when no one thought that bitcoin will reach these prices.

Thanks to those early adopters bitcoin is what it is now. If those early adopters weren't actually using it, chances are majority of us would never heard about bitcoin.





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March 02, 2021, 05:57:50 PM
Merited by paxmao (1)
 #34

Sometimes really old coins from 2010-2012 get moved and some people start to panic thinking that Satoshi is about to dump his coins. Also, these early hodlers could have moved coins to other addresses in the recent years, for example to update to SegWit. So, for the purposes of blockchain analysis, you should also look for unspent coins directly connected to these ancient coins.
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March 02, 2021, 07:44:43 PM
 #35

Holding of bitcoin in a wallet for a period of 10 years isn't an easy stuff. Again, I think this can only work for crypto, holding alcoins in the same manner can either get you rekt of loose your tokens if you are not current about the project as most them tend to migrate to theirainet because this sgitty Ethereum network.
I'm on a mission to do the same to some altcoins for long term hold, I never can tell the one that may be t] e next bitcoin.
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March 02, 2021, 08:21:57 PM
 #36

There are some people that have been holdong bitcoin for almost 10 years now but I don't think is kind of easy holding bitcoin for years in your wallet after the price of bitcoin pump madly. Bitcoin that worth less than a dollar when you bought it is currently around $45k to $50k and you are still holding and not ready to self I believe that's a massive profit. To be honest I really respect those people that bought bitcoin since 2010 because during that time nobody knows anything about cryptocurrency or bitcoin only few people have the knowledge of cryptocurrency and bitcoin and nobody knows that the future of cryptocurrency as at 2010 nobody knows that bitcoin will be great like this only the legends and the strong minded people bought bitcoin back then. I will have everyone to hold there bitcoin and wait for more pump you can still hold for more years and see how you will be in profit in the next few years.

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March 02, 2021, 09:11:45 PM
 #37

Wow, what a time, and to ever think it has this level of growth in less than 20 years is really encouraging. I would no have believed it could get this far if I was even aware of bitcoin then. No doubt many thought that buying 1000btc for $3 was even throwing money away. But look at it now. Soon 1satoshi will even be worth more than $3. History is a good thing and we learn from the past.
Even though bitcoin price will go up way more than it is now, I don't think that we can expect 1 satoshi=$3, at least not in any reasonable time frame. According to current bitcoin price, 1 satoshi equals approximately $0.00048 so for satoshi to reach 1 cent, price bitcoin price has to be $1 million. And then you have to multiply it with 300 to get the number you mentioned, and I think you will agree that number won't be easy to reach in our lifetime, let alone soon.

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March 02, 2021, 10:32:56 PM
 #38

is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
I guess not, bitcoin price movement is so impressive. Its just need several months to increase tens of percent which you will never find in any investment place. So as, the investor who hold or someone who own bitcoin he will sell bitcon when its price has doubled when he bought bitcoin.

Also, the crasshed that has happened 2018 ago will give an imagine that bitcoin is not strong enough to be an investment place. We can't imagine in one year bitcoin was increasing and in the next year bitcoin just dumped a lot. They will thing and they will be careful to see bitcoin price increase, there will be a time its price will be dumped a lot.
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March 02, 2021, 11:07:41 PM
 #39

If there would be anyone who have hold his Bitcoin for that long since 2010 up until now, then it is really pretty impressive for the fact that imagine after more than 10 years all your patience have been paid off. But I doubt there would be someone who have hold for that long for the fact that there are lots of temptations in the market on when to sell just like the 2017 bull run on which maybe some people who have hold their Bitcoins from 2010 have already sell their Bitcoin by that time or maybe there is also a possibility that they have overcome the temptation to make it through until now, then it is good for them then.

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March 02, 2021, 11:09:47 PM
 #40

For me it is impossible, but I also don't know this is a fact that still holds bitcoin until now.

Because bitcoin has experienced several fantastic increases so I'm sure those who hold it will be tempted to sell it.

But if anyone still holds it today, be sure to be a very strong person in any situation in the cryptocurrency market.

I do not think that it is impossible but highly unlikely, given that most people who HODL their bitcoin from 2010 have to endure the painstakingly temptation to cash it out when its price doubled/tripled in 2012.

Maybe there are still some investors and people from the pioneer batch who still owns bitcoin but they most probably sold half or if not, more than half when its price increased tenfold in the past years. But to be honest, if I were in their position, I would have sold such btc maybe after 1-2 years of owning them. As far as I remember, I do think that satoshi hasn't spent any of his BTCs at this point.
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