Furious 7
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April 29, 2023, 06:29:49 PM |
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Actually I feel quite uncomfortable telling the general public about the amount of assets I currently have because in this case I think it is like inviting other people who really want to do something that is not good for me, but in this case the classification is quite good although I don't really expect a classification like this ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Because in my opinion no matter how big or small it is clear that is something to be grateful for, especially in this case being in bitcoin is something that is indeed profitable regardless of the ranking and classification in the chart that you share.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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hannahB4
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April 29, 2023, 07:09:05 PM |
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Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested. Here's the percentage of bitcoin holders and what you need to hold to be in each category belonging to bitcoin holders. https://twitter.com/Vikingobitcoin9/status/1651922754554195969?t=1mFAzg2Hafpee2A2Adbkqw&s=19In my own case, i still finds myself below the last category which means am holding lesser than 0.135btc as at now, can we make it interactive by giving our own standing point as at now. I still fall under your team because mine is lower than the last one, though I'm working to own a level of percentage in the chart. So my stand is below the last chart nevertheless I'm proud of the level I have attained.
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serjent05
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April 29, 2023, 08:18:47 PM |
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I used to be on top 1% way back 2018, but due to family needs and some real-life investments, I sold all my BTC converting it to fiat currency, and invest the money to real estate property and some business establishments. After selling my BTC, I never reaccumulate because the funds I acquire from those businesses is used to acquire NFTs like Axie Infinity and many more. I regret investing on those NFTs because it only brings losses. So now I am below the last category but I plan to re-accumulate when all my compromises were settled.
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qwertyup23
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April 29, 2023, 08:38:15 PM |
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I used to be on top 1% way back 2018, but due to family needs and some real-life investments, I sold all my BTC converting it to fiat currency, and invest the money to real estate property and some business establishments. After selling my BTC, I never reaccumulate because the funds I acquire from those businesses is used to acquire NFTs like Axie Infinity and many more. I regret investing on those NFTs because it only brings losses. So now I am below the last category but I plan to re-accumulate when all my compromises were settled.
From all the BTCs I had received from participating in campaign signatures, I can say that I at least belong to the top 5% of the BTC HODLers. But due to the same situation that you have mentioned, majority of my BTCs have been liquidated and converted to our respective currencies. Back in 2017 when I first joined this forum, I remember that 1 BTC = $4,000. It was a time where campaign signatures would pay 0.001/week and it was considered at least a relatively small amount back then. I just wished that I had foreseen this exact situation where its price skyrocketed in the market as I could have HODLed them for long-term advantage.
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teosanru
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2023, 08:56:37 PM |
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Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested. Here's the percentage of bitcoin holders and what you need to hold to be in each category belonging to bitcoin holders. https://twitter.com/Vikingobitcoin9/status/1651922754554195969?t=1mFAzg2Hafpee2A2Adbkqw&s=19In my own case, i still finds myself below the last category which means am holding lesser than 0.135btc as at now, can we make it interactive by giving our own standing point as at now. Really surprising to see that you don't have to hold that much BTC to be in the top 5% but yes I think this analysis is per address because per person analysis of such a thing is not possible. Per address i can expect that only 5% addresses have more btc than 0.135 BTC. I think per person this number might be 4x of the number i.e. per address. But yes it's so crazy to see the number of btc you need to have to be in top 0.1%, infact I also feel how many of this might be inactive addresses which might be Bitcoins that have been lost forever.
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Silver005
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April 29, 2023, 09:11:24 PM |
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Well it's a nice question if one can boldly express his or her happiness and how far he or she have gone in Bitcoin and the experience he or she has acquired,but don't you think it's very risky, because many of us here knows each other physically and it is as good as someone showcasing his account balance in public, which may lead to attach or something of that nature,why not use that opportunity to reach us more and the experience you have gathered in Bitcoin and make others who are interested in learning Bitcoin or who have been looking for a way to understand the Bitcoin be of this benefits and it will pay you more in future because you have invested in human being by teaching him or her what she or he doesn't know before..
And also tell us the ideas you always use to gain and obtain more coins to your wallet, because exposing your balance here or showing how big you have acquire in Bitcoin will not do us any good rather it will in danger our lives because the world are evil, please I am not trying to condem your topic but I was just trying to point out the implications of exposing your wallet balance in the to know who is the highest on top..
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The Cryptovator
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Signature Space For Rent
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April 29, 2023, 09:23:14 PM |
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As I currently engage in BTC trading, I find myself with on the last. I am not yet in a position to become a significant investor in the market. It remains uncertain if I will be able to expand my portfolio in the future, as I face challenges in increasing my Bitcoin holdings. Despite this, I am determined to continue striving towards becoming a long-term holder. While the amount I possess may be small, I take pride in being a mini Bitcoin holder.
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Russlenat
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April 29, 2023, 09:32:31 PM |
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I've seen it before, but most people like to keep their privacy about the amount of bitcoins they own, some of them also try to hide that they own bitcoins at all.
For me, I do not find myself in this category because I only hold a small amount of Bitcoin. I earn bitcoins through my work, but I have to cover my family's expenses, so I cannot hold a large amount.
For security, it’s still best to stay anonymous from your friends or even from family that you are hodling bitcoin, whether it’s big or small amount because once they know it, they will eventually think that you have lots of money because you own bitcoin. However, for me, I am currently hodling bitcoin but sometimes when fiat becomes out of budget, I can’t avoid myself from selling a portion of it so I can still provide what my family needs. After all, I am investing for my family, so for me selling is not a loss for me. So just like you, I don’t fit in any category since I am hodling only a very little amount, but I am also doing my best to gain more of it for a brighter future for my kids.
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salad daging
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2023, 10:27:22 PM |
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From all the BTCs I had received from participating in campaign signatures, I can say that I at least belong to the top 5% of the BTC HODLers. But due to the same situation that you have mentioned, majority of my BTCs have been liquidated and converted to our respective currencies.
Back in 2017 when I first joined this forum, I remember that 1 BTC = $4,000. It was a time where campaign signatures would pay 0.001/week and it was considered at least a relatively small amount back then. I just wished that I had foreseen this exact situation where its price skyrocketed in the market as I could have HODLed them for long-term advantage.
Actually, a signature campaign can be a backup to save more bitcoins as long as they earn but if it becomes a necessity then it is better to liquidate it in fiat because it will help you live a better life. We feel that the bitcoin price in 2017 was high but it is no different from now when the bitcoin price is $29k then a few years later it will definitely skyrocket again and be bigger than now I believe that is because bitcoin will go through a cycle of becoming routine every year it will be better for HODL from now on and keep it up. Some people may not be able to hold back because they clash with mediocre living needs, when they get a profit it will turn it into fiat for the needs that everyone needs. I think I can stay HODL. If there is an urgent need to liquidate the BTC.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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BitDane
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April 29, 2023, 10:33:18 PM |
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From all the BTCs I had received from participating in campaign signatures, I can say that I at least belong to the top 5% of the BTC HODLers. But due to the same situation that you have mentioned, majority of my BTCs have been liquidated and converted to our respective currencies.
Back in 2017 when I first joined this forum, I remember that 1 BTC = $4,000. It was a time where campaign signatures would pay 0.001/week and it was considered at least a relatively small amount back then. I just wished that I had foreseen this exact situation where its price skyrocketed in the market as I could have HODLed them for long-term advantage.
Actually, a signature campaign can be a backup to save more bitcoins as long as they earn but if it becomes a necessity then it is better to liquidate it in fiat because it will help you live a better life. We feel that the bitcoin price in 2017 was high but it is no different from now when the bitcoin price is $29k then a few years later it will definitely skyrocket again and be bigger than now I believe that is because bitcoin will go through a cycle of becoming routine every year it will be better for HODL from now on and keep it up. Some people may not be able to hold back because they clash with mediocre living needs, when they get a profit it will turn it into fiat for the needs that everyone needs. I think I can stay HODL. If there is an urgent need to liquidate the BTC. I agree signature campaign can help us accumulate Bitcoin and be among those top percentage if we are persistent and consistent enough to accumulate for the long term. With job in RL and extra earning that pays in BTC, the said accumulation is not impossible to happen. I am currently way below the listed group but I am hopeful that one day I can tell myself (obviously not public for security reason) that I have done a nice job accumulating and hodling Bitcoin and be a part at least the 50m Satoshi club.
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South Park
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2023, 11:07:32 PM |
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Really surprising to see that you don't have to hold that much BTC to be in the top 5% but yes I think this analysis is per address because per person analysis of such a thing is not possible. Per address i can expect that only 5% addresses have more btc than 0.135 BTC. I think per person this number might be 4x of the number i.e. per address. But yes it's so crazy to see the number of btc you need to have to be in top 0.1%, infact I also feel how many of this might be inactive addresses which might be Bitcoins that have been lost forever.
And as the years go by you will be surprised about how low the amount of bitcoin will be needed for someone to be above the average, since bitcoin will become more expensive and its adoption will keep growing, as a mental experiment if we assume all the estimated 8 billion people around the world adopted bitcoin now then each person should on average get only 2.6 mBTC, so anyone having more than that will be above the average, and obviously such an experiment assumes an equal distribution of bitcoin for everyone, something which will never happen, making the actual average much lower than that.
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AmoreJaz
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April 29, 2023, 11:23:08 PM |
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Really surprising to see that you don't have to hold that much BTC to be in the top 5% but yes I think this analysis is per address because per person analysis of such a thing is not possible. Per address i can expect that only 5% addresses have more btc than 0.135 BTC. I think per person this number might be 4x of the number i.e. per address. But yes it's so crazy to see the number of btc you need to have to be in top 0.1%, infact I also feel how many of this might be inactive addresses which might be Bitcoins that have been lost forever.
And as the years go by you will be surprised about how low the amount of bitcoin will be needed for someone to be above the average, since bitcoin will become more expensive and its adoption will keep growing, as a mental experiment if we assume all the estimated 8 billion people around the world adopted bitcoin now then each person should on average get only 2.6 mBTC, so anyone having more than that will be above the average, and obviously such an experiment assumes an equal distribution of bitcoin for everyone, something which will never happen, making the actual average much lower than that. the BTC wealth pyramid is indeed very subjective as it depends on the time period and the price in the market. but we can say, a lot of long timers at one point have reached the status of the last level having more than 0.135 BTC. so just be happy that at one point in your life, you got a hold of such amount. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) don't be too ambitious, for sure, you use that BTC to buy something or use for your bills. so no regrets. it helped you at one point in your life, that's what you call living.
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ilovealtcoins
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SmartFi - EARN, LEND & TRADE
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April 29, 2023, 11:41:46 PM |
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I've seen it before, but most people like to keep their privacy about the amount of bitcoins they own, some of them also try to hide that they own bitcoins at all.
For me, I do not find myself in this category because I only hold a small amount of Bitcoin. I earn bitcoins through my work, but I have to cover my family's expenses, so I cannot hold a large amount.
I'm on this list, but I also want to keep it a secret and want to be private, I don't like showing off to others that I hold bitcoins. For me, letting people know about my wealth is taboo, not only with bitcoin but all other valuable assets. Showing off will sometimes become a habit, as well as endangering yourself or your loved ones.
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dezoel
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April 29, 2023, 11:53:20 PM |
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Well, at least I am at 5%, that is good to learn. Didn't know I would require so little to be at the top like that, it means I am richer than 95% of the bitcoin world, but I feel like there are a lot of people who hold other coins so when you calculate it at bitcoin levels, then this might be right, but if someone makes crypto overall, it would be probably tons higher than this and I would be out of that because almost all of my money is in bitcoin today, gonna spread again soon but today it happens to be mostly in bitcoin alone.
This is why I feel like we should keep investing, because even something as little as 3k could make you be in the 5% of bitcoin world, and when the time comes, you will be a lot richer because everyone else will want more as well.
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Josefjix
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yes
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April 30, 2023, 03:46:47 AM |
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As I currently engage in BTC trading, I find myself with on the last. I am not yet in a position to become a significant investor in the market. It remains uncertain if I will be able to expand my portfolio in the future, as I face challenges in increasing my Bitcoin holdings. Despite this, I am determined to continue striving towards becoming a long-term holder. While the amount I possess may be small, I take pride in being a mini Bitcoin holder.
I've made considerable amounts of money with Bitcoin. Trading it has become an obligatory habit for me in the market; I cannot spend a day without monitoring bitcoin charts and applying my technical analysis towards it. I've grown to be self-sufficient in the space, currently holding Bitcoin in my portfolio and hoping for good chances of bullish on the chart, I'm constantly hesitant when it comes to selling my Bitcoin because I remember how I suffered before I could get a hold on the pieces I'm in possession of, it's never an easy thing to bagged pieces of bitcoin during the bear season.
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irhact
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April 30, 2023, 04:30:06 AM |
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Can we make it little more fun with this, i will like to hear from us the place we are standing at in holding bitcoin in comparing to those having much investment in bitcoin otherwise called whales and other institutions or individuals having little portion of their bitcoin they are holding, because at the end of it all, everyone is a holder as long as you've invested.
At some point in history which is about 5 to 7 years ago I once had over 3.5 Bitcoin but at the moment I don't have anymore due to some circumstances that made me had to sell my coins but I'm planning on buying before year ends, I want to start with 1 Bitcoin then I'll keep accumulating as my daily contract job keeps on paying me. I'm not in a hurry because I know the market won't pump soon. While we're all holders since we're holding some amount of Bitcoin in our wallets still we have to do better and try to join the few that has over 1 Bitcoin because soon the price might be so high that it'll now become very difficult to start trying to accumulate over 1 Bitcoin and hold for the bull market.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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wiss19
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April 30, 2023, 07:29:34 PM |
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Well, I can clearly say that I'm not fitting into any of these categories since I don't currently hold any Bitcoins because I usually sell and spend everything that I get every now and then, also, I agree with most of the users here who are saying that disclosing such information can actually be a threat for you since you could become a target for that.
One should keep such things private since that is exactly what cryptocurrencies are for so that you can have your wealth hidden from the general public or even the central authorities that usually know you have money if you keep it with them.
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darkv0rt3x
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2023, 07:39:59 PM |
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I couldn't care less where I stand in any chart! This is a marathon, not a sprint. In the future, Bitcoin is supposed to be ALSO used, not only held! So, having tons of Bitcoin now means that you will also have to spend it in the future. And Bitcoin will move from hans to hands just like any other asset. So, I just keep stacking as much as I can afford, no matter if I get to Top 1, Top 2 or Top 100.
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Bitcoin is energy. Bitcoin is freedom I rather die on my feet than living on my knees!
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Victorik
Member
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Offline
Activity: 994
Merit: 14
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2023, 07:50:03 PM |
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For now, I don't even think I belong to any category on your chart. Maybe, they will have to create a separate chart for me, lol. Anyways, maybe in the nearest future I will be among the top holder, but for now, let's just say I am still not there yet.
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Gladitorcomeback
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May 03, 2023, 04:59:22 PM |
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In my opinion, as far as investing in Bitcoin is concerned, if you look at the rate of return in Bitcoin, it is extremely low compared to the rest of the cryptocurrency market because investing in Bitcoin requires a large sum of money.
I am holding less than 1k$ andy profit ia very low with the increase of btc price. It's not just holding bitcoins that matters but the amount also concerned matters because you will have some number of bitcoins only then you will be able to earn good profit from it in future.Just buying or holding a portion of a bitcoin and expecting a good profit in the future may not be a good decision in my opinion.
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