A new milestone: 1M addresses hold 1 Bitcoin

[crunck]

.....
 and when it comes to altcoins I prefer to stay away from most of them, however once the bull market is present it may not be a bad idea to invest some of our profits in an altcoin or two, as the altcoin season has the tendency to appear a little bit later than the bitcoin bull run.

Profits from altcoins are so good, there's no reason to stay away from them. But we need to invest at the right time to get the best return, and I agree with you, only invest in altcoins during the bull season because then the risk is not too high, and making a profit will be easy. During the bull season, when bitcoin goes up in price, the entire market goes up, so it's easy to pick potential altcoins to invest in.

[bitterguy28]

.....
 and when it comes to altcoins I prefer to stay away from most of them, however once the bull market is present it may not be a bad idea to invest some of our profits in an altcoin or two, as the altcoin season has the tendency to appear a little bit later than the bitcoin bull run.

Profits from altcoins are so good, there's no reason to stay away from them. But we need to invest at the right time to get the best return, and I agree with you, only invest in altcoins during the bull season because then the risk is not too high, and making a profit will be easy. During the bull season, when bitcoin goes up in price, the entire market goes up, so it's easy to pick potential altcoins to invest in.

that is not correct mate , we must not invest in bull run instead best to start investing when there is a bear so we can keep the coin holding and yes after the bear the fruits of investment will come .
remember that every after bear then bull run is coming and that is what this investment makes profitable .

[ChiBitCTy]

Wow, I'm actually surprised the number is that high.  I would be interested in knowing what the actual/true number is for how many different people own those addresses out of the entire 1 million.  I would have to guess that at least 15% of the 1 million address are those that are owned by the same/singular person.

As you point out this network clogging thanks to ordinals is not a good look for bitcoin and mostly just entirely fucking stupid imo, but at least it's being so heavily utilized.

[Minecache]

.....
 and when it comes to altcoins I prefer to stay away from most of them, however once the bull market is present it may not be a bad idea to invest some of our profits in an altcoin or two, as the altcoin season has the tendency to appear a little bit later than the bitcoin bull run.

Profits from altcoins are so good, there's no reason to stay away from them. But we need to invest at the right time to get the best return, and I agree with you, only invest in altcoins during the bull season because then the risk is not too high, and making a profit will be easy. During the bull season, when bitcoin goes up in price, the entire market goes up, so it's easy to pick potential altcoins to invest in.

that is not correct mate , we must not invest in bull run instead best to start investing when there is a bear so we can keep the coin holding and yes after the bear the fruits of investment will come .
remember that every after bear then bull run is coming and that is what this investment makes profitable .

It's not entirely true, but it's not altogether wrong, either. I think we should limit investing in altcoins during the down season, with altcoins, we won't know which coins will recover and rise again because there are too many altcoins that will never recover. As previous bear seasons have shown, many of the market's potential altcoins in 2017 failed to return to their old ATH, and most have been replaced by new altcoins in 2021. And I think history will most likely repeat itself, 2021 topcoins will be replaced by newer altcoins in the next bull season. So it is risky to invest in altcoins during the bear season, and it makes more sense to invest in the bull season as most will go up when bitcoin conquers new ATH.

[Minhxx]

Currently bitcoin is regulating , I believe btc is more and more popular in the world if it is accepted for payment of services, Not manipulated by the market

[bitterguy28]

.....
 and when it comes to altcoins I prefer to stay away from most of them, however once the bull market is present it may not be a bad idea to invest some of our profits in an altcoin or two, as the altcoin season has the tendency to appear a little bit later than the bitcoin bull run.

Profits from altcoins are so good, there's no reason to stay away from them. But we need to invest at the right time to get the best return, and I agree with you, only invest in altcoins during the bull season because then the risk is not too high, and making a profit will be easy. During the bull season, when bitcoin goes up in price, the entire market goes up, so it's easy to pick potential altcoins to invest in.

that is not correct mate , we must not invest in bull run instead best to start investing when there is a bear so we can keep the coin holding and yes after the bear the fruits of investment will come .
remember that every after bear then bull run is coming and that is what this investment makes profitable .

It's not entirely true, but it's not altogether wrong, either. I think we should limit investing in altcoins during the down season, with altcoins, we won't know which coins will recover and rise again because there are too many altcoins that will never recover. As previous bear seasons have shown, many of the market's potential altcoins in 2017 failed to return to their old ATH, and most have been replaced by new altcoins in 2021. And I think history will most likely repeat itself, 2021 topcoins will be replaced by newer altcoins in the next bull season. So it is risky to invest in altcoins during the bear season, and it makes more sense to invest in the bull season as most will go up when bitcoin conquers new ATH.

actually what I pointed out is what he said about best to buy in bullrun in which you are also correct that it is not completely wrong(because we need to buy either bull or bear) but the best chance is always when there is a bear because the lower we buy is the higher we can profit once the increase happens in the coming years.

Currently bitcoin is regulating , I believe btc is more and more popular in the world if it is accepted for payment of services, Not manipulated by the market

It is accepted as payment service in some part mate so we only need a mas adoption for all of this to take place.

[pawel7777]

The last past weeks have been really challenging and tough for bitcoiners as a result of the high transaction fees caused by ordinals on the network. Despite this setback, Bitcoin is still conquering, setting the pace and hitting milestone achievement. According to glassnode, the number of address holding atleast 1 BTC are now 1 million. According to the report, last year when the market took a deep dive, a good number of persons were wise enough to grab some bags. Although, some addresses belong to crypto exchanges and some persons might have more than one wallet address but this milestone achievement is worth celebrating.

Source: https://cryptoslate.com/insights/a-new-milestone-1m-addresses-hold-1-bitcoin/

It's a bit surprising, according to the chart in the linked article, there's a long-term trend of the number of wallets with one or more bitcoin increasing over time. This goes against the theory that bitcoins (or wealth in general) have a tendency of getting concentrated in the hands of the few richest holders. Unless a number of wallets is not a good indication of a number of users, and maybe it's just a sign of whales splitting their holdings into smaller wallets, for safety or convenience.