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Author Topic: Where is your stand as a Bitcoin holder.  (Read 331 times)
famososMuertos
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April 29, 2023, 01:41:55 PM
 #21

I was reading an article* that more than 50% have not moved their bitcoin in the last 2 years, etc. I think that it is the analysis that you have to have or look for in that sense of possession, that is, to know how much a certain user has, except that, perhaps it can have a price-effect, the rest is snobbery, hence present yourself in a post and mention I have so much, what is the use.

*Bitcoin in circulation: Over 50% hasn’t moved in 2 years, Glassnode says

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BITCOIN4X
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April 29, 2023, 02:16:12 PM
 #22

It is wrong to say publicly that I own ten bitcoins. The risk of hackers will increase, as you will be an ideal target for them.
Absolutely, and every holder should at least maintain good financial privacy and should never say it online or offline to anyone they don't know. The risk of being hacked will greatly increase, in fact, hackers are very likely to target pigs rather than prawn.

I'm not going to take part in saying how many bitcoin I have, but the average of us is probably no better than prawn or maybe crab so far. It's not big deal, but of course what they need to care about is how they use bitcoin and how they keep their wallet safe. One of the wallet security advice is, don't show your bitcoin to other people.

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FahriZah
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April 29, 2023, 02:54:57 PM
 #23

Actually i,m a small investors because i have only small amount if i have big amount of money than i can investment more & more and my position will increasing continuously still now i,m a small invertors and i,m trying to invest more in crypto currency sectors because i hope very soon starting bull market in crypto and futures brightness easily.

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April 29, 2023, 02:55:24 PM
 #24

I'm sure many here won't feel comfortable sharing how much they currently have in Bitcoin, for privacy and safety reasons. And while I like the picture and approach, couldn't they at least make different creatures for all different levels rather than 3 crabs in a row?
What I am surprised with is that being in top-5% takes a relatively low amount of BTC, which means that bitcoin is distributed much better than many might assume (I mean, if you can be in top-5% without being truly rich, I think it's saying something).

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April 29, 2023, 03:03:19 PM
 #25

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=19

In 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.
To be honest, I have only a small asset in Bitcoin and for sure I'd be on the lower category. But that us just fine for me simply because I cannot afford risking all of my finds in one bucket. Bitcoin is for sure one of the investments which has high profit potential but in line with this, is volatility which is something not all people could really handle. As for me, I would prefer just managing the risks on all of my investments and that includes putting or setting portions than to go all out. It simply allows me to minimize losing that much. All I know is, no matter how big or small your investment, as you have mentioned, that would be fine. What's more important is having the courage to move one step forward.

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April 29, 2023, 03:12:45 PM
 #26

I don't know how other members will take this topic, but i don't think it is correct or safe to estimate to the general public how much BTC you have, that can make you a target of attack. Some people here even know each other in real life, now i can imagine someone claiming they have >1 BTC here and some members know who they are, it is unsafe and a $5 wrench attack can happen to you. I prefer to say i have 0 BTC. Don't make your BTC holdings public.
I understand your point, but Bitcoin holdings are pretty much public; you can easily find someone's Bitcoin address through their posts if they've shared it in the past or through your signature campaign if you're participating in one. On top of that, I find the photo quite inacurate; it consists of only a few scales that place the majority of us on the bottom scale. The following one is the accurate one, starting from as little as 0.001 BTC (0 to 0.001). I'm sitting on the 0.10 to 1 BTC which accounts for 10.32% of the total addresses.

 
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April 29, 2023, 03:30:42 PM
 #27

Maybe OP the only people who will participate in this game of your choice on this topic are the people or communities who only have small holdings of Bitcoin, but I'm not sure. I don't even know if you made this topic right.

As it used to be for me, you find out the bitcoin holdings amount of anyone here in the forum, which is not good to hear and read because we are all anonymous here. You know what it means, even if others say that I am very sensitive. I can't do anything, that's what I feel and I'm just trying to say it.

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April 29, 2023, 03:41:46 PM
 #28

Whether I have more than 1 Bitcoins, or less than 1 Bitcoins, I will not say it in public, but I will only say one thing, I'm not even included in the list OP has posted.

I guess majority of the people here will not say there real total Bitcoin holdings. I mean if you said "I have 5 Bitcoins", and they saw your rank as a newbie, you might be flooded by PM's coming from scammers out there. Overall, whether it's for fun or not, I guess it's not good to share your real Bitcoin holdings here especially if somebody from this forum know you personally, and you might be a victim of that infamous 5$ wrench attack. I don't feel comfortable to share it here even though I know that my Bitcoin holdings is just a small amount compare to some here who might have more than 1 Bitcoin, but just keeping their mouth shut for their safety.

I guess what I can say is that, I'm proud that I'm one of the investors who manage to accumulate Bitcoin during the bear market. Cheesy For sure, there are some who decided not to buy at that time because of panic. Still, disclosing how many Bitcoins you have is not advisable especially here in a public forum.

 
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April 29, 2023, 04:09:04 PM
 #29

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=19

In 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.

But where are the whales?  Grin  Anyway, I prefer not to answer for opsec reasons and I also recommend everyone to abstain from answering as it could be dangerous! Bad guys are out there hunting for your precious coins!  Cool
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April 29, 2023, 04:33:48 PM
 #30

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=19

In 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.

In the Bitcoin world, some things are meant to remain private.
Even if it is not related to bitcoin and cryptocurrency, an ordinary Joe cannot be so comfortable to tell you how much he has in his fiat bank account. This is someone that is not privacy and security conscious. How then do you expect Bob who is privacy and security conscious, who has known the importance of investing in Bitcoin and has left the traditional bank to invest in Bitcoin, to come publicly and tell you how much he holds.

I don't think that anyone would be ready and willing to give out such sensitive information. Anyone that would try to answer this question can be some kind of a scammer, who would try to exaggerate their holdings in order to lure in potential victims.

R


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April 29, 2023, 04:46:07 PM
 #31

Most likely the majority here could be in the last tier. No offense, but it seems every one is late on the bandwagon, or least just join the fun in 2017 and we really don't know what to expect or at least have plans to accumulate as much as we can. Or even if he did save a lot, maybe sold off during the height of the bull run to make money and take that profits.

Nothing is wrong with that, but at least if we didn't sell our stash and wait for the bear market, accumulate, rinse and repeat them maybe as time goes by, we could be going up in the tier position.
Same here, even up to now, I still belong in the last tier because even if I had known bitcoin since 2016, I'm still learning about it and it took a while until I purchased a fraction of bitcoin. The year 2017 is quite unforgettable and somehow memorable because that was my first and biggest mistake as I sold most of my shares much earlier as I don't have that much fate at that time that it would literally skyrocket.

Quote
But I would understand if everyone is not going to disclosed how much BTC they have.
Yup, there's no need to disclose that kind of information.

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April 29, 2023, 04:54:54 PM
 #32

I don't know how other members will take this topic, but i don't think it is correct or safe to estimate to the general public how much BTC you have, that can make you a target of attack. Some people here even know each other in real life, now i can imagine someone claiming they have >1 BTC here and some members know who they are, it is unsafe and a $5 wrench attack can happen to you. I prefer to say i have 0 BTC. Don't make your BTC holdings public.
I understand your point, but Bitcoin holdings are pretty much public; you can easily find someone's Bitcoin address through their posts if they've shared it in the past or through your signature campaign if you're participating in one. On top of that, I find the photo quite inacurate; it consists of only a few scales that place the majority of us on the bottom scale.

If someone wants to spend his time tracing how much I own in my wallet, that's okay. But I will not by myself expose how many Bitcoin I am holding. Some of us from the same location know each other personally so posting your holdings is like telling them how much you are worth. And I don't also assume that everybody in this forum is saints. That's why I disagree with individuals that speak badly about mixers. They claim mixers are used by criminals, meanwhile, even a new Bitcoin investor like me needs it to promote my privacy. Meanwhile, I don't own much, but I am hoping to hold as much as I can afford. Case closed  Wink.

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April 29, 2023, 05:08:20 PM
 #33

can we make it interactive by giving our own standing point as at now.
There are many discussions that we can have concerning bitcoins, but discussing about the amount of bitcoins we have should not be a normal discussion to have. Our stance and the amount of bitcoins we have is different and should remain private. The conclusion of the matter is that most of us have bitcoins and are holding. The discussion should be about how to have and get more bitcoins, not how much bitcoins that we have, that information should remain private.

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April 29, 2023, 05:22:43 PM
 #34

Op not everyone that hold bitcoin are investors. Some of them are just there to save there fiat currency, mostly politicians. They are there to hide there national assets. And those ones are not even bother to check the signal strength but only when they want to make a transactions. As for the category, I might found myself on the last category or even below. My investment wallet has about 0.04986753.

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April 29, 2023, 05:37:24 PM
 #35

There are certain things in life that one has to keep private but three among them are the most important. These three are your earnings, your next plan and of course your investment. We live in a society where we are surrounded by enemies who do not like seeing others to prosper. Revealing your earnings, plan and investment to public is unhealthy either online or offline. You might become a target for evil minded.

Those influencials elite that media is publishing their net worths have been a victim one way or another either having more enemies or criminal attacks on their companies.

I completely agree with your viewpoint that we should not publicly disclose our possessions, be it physical or digital assets, including their amounts and quantities. It is highly sensitive information, and should be confidential. Disclosing such important information can lead to unpleasant consequences for us and our families. We never know and impossible to predict, if somebody may use this information for his advantage.

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April 29, 2023, 05:43:59 PM
Last edit: January 11, 2024, 09:17:27 PM by OgNasty
 #36



Images like this make it seem like we are still very early.  Imagine if Bitcoin does take over the world's reserve currency.  You could be in the top 2% of wealthy individuals in the world for a cost of around $50,000 today.  That to me seems pretty amazing.  Sure, it's a risk.  What if Bitcoin fails?  Not to mention $50,000 isn't exactly peanuts as it is now and owning that much BTC is already out of the question for most.  You have to ask yourself what if it succeeds though...  You could be there with front row seats to the biggest wealth transfer in the world, but decided to play it safe...  Buy Bitcoin.

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Ultegra134
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April 29, 2023, 05:52:42 PM
 #37

I don't know how other members will take this topic, but i don't think it is correct or safe to estimate to the general public how much BTC you have, that can make you a target of attack. Some people here even know each other in real life, now i can imagine someone claiming they have >1 BTC here and some members know who they are, it is unsafe and a $5 wrench attack can happen to you. I prefer to say i have 0 BTC. Don't make your BTC holdings public.
I understand your point, but Bitcoin holdings are pretty much public; you can easily find someone's Bitcoin address through their posts if they've shared it in the past or through your signature campaign if you're participating in one. On top of that, I find the photo quite inacurate; it consists of only a few scales that place the majority of us on the bottom scale.

If someone wants to spend his time tracing how much I own in my wallet, that's okay. But I will not by myself expose how many Bitcoin I am holding. Some of us from the same location know each other personally so posting your holdings is like telling them how much you are worth. And I don't also assume that everybody in this forum is saints. That's why I disagree with individuals that speak badly about mixers. They claim mixers are used by criminals, meanwhile, even a new Bitcoin investor like me needs it to promote my privacy. Meanwhile, I don't own much, but I am hoping to hold as much as I can afford. Case closed  Wink.
Understandable, as you wouldn't go around bragging about how much money you have; cryptocurrencies are no exception to this rule; you wouldn't boast about how much Bitcoin you're holding. This is something that should be applied in any case. Anyway, the scaling provided both by the OP and myself provides an extremely vague estimate of how much you're holding; I belong to the group from 0.10 BTC to 1 Bitcoin, so I'm holding anywhere from $3,000 to $30,000; the difference is huge. Unless you have an excessive amount, it's unlikely to be targeted.

 
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April 29, 2023, 06:00:17 PM
 #38

I read the comments of other users in this thread and almost the vast majority tends to think that whatever the savings in bitcoin, it should not be disclosed, especially on a public forum. Despite even the funny status of whales, crabs and other marine life, it still allows you to get a rough picture of the BTC owner. People are being cautious, which is reasonable and understandable.

It makes me curious how many more pages will discuss the same thought? Smiley

It would be more correct to create an anonymous poll with the ability to choose the status of a shrimp - whale, which would allow us to roughly understand how many marine animals are on the bitcointalk. Smiley This could be funny, but certainly not true information, because nothing would oblige you to provide reliable data.

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April 29, 2023, 06:18:31 PM
 #39

Surely no one here wants to publicize the amount of bitcoin they own. A forum, an article, or a sensitive question, so most want to keep their information private. Over the years, the number of members on the forum has increased, which is both good and bad. Because in this cyberspace, it is very difficult to control everything; nothing is safe, and you cannot know that you are subject to hacker attack just by the message you write.

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DiMarxist
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April 29, 2023, 06:20:10 PM
 #40

I don't really sure that people will reveal or announce or open up what they hold, our holding in bitcoin remain secret. Because Some of us from the same location, we  know each other personally so posting your holdings is like telling them how much bitcoin you have is right. I prefer my holding to be invisible, is not good to expose what you invest or what you holding in bitcoins. As it used to be for me, you can not  find out the bitcoin holdings amount of anyone here in the forum, which is not good to hear and read because we are all anonymous here. Our stance and the amount of bitcoins we have is different and should remain private.
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