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alexkravets
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October 18, 2012, 07:22:08 AM
 #81

There's lots of chatter about early hoarders in light of the new paper, here's one post which embeds informative graphs and relevant links
http://www.loper-os.org/?p=1009

1. I happen to disagree with the conclusions for several reason, I don't think the distribution of owners / hoarders is nearly as top heavy as it used to be and I think it's getting less top heavy with time.
2. Early adopters are unlikely to call cash out at the same time unless most of early 78% of hoarded coins are held by nefarious gov't organizations
3. Massive selling does not need to lead to the end of bitoin and the price can and will recover in the future, hence it's not necessarily a kill switch

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smoothie
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October 19, 2012, 06:52:20 AM
 #82

Why does this thread state it is the 500 RICHEST addresses yet when I put it into excel it's something like the top 410 addresses...

Can you fix this?


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smoothie
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October 20, 2012, 07:36:05 AM
 #83

I see, so instead of changing your script from "410" to "500" as you advertised, you change the thread name....

May as well be the two 4 addresses if that's the case. lol  Cheesy

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gweedo
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October 20, 2012, 08:41:14 AM
 #84

    - There is a byte limit to the size of a post. This is the reason why there are only 410 lines in the post.
      Adding the full 500 goes over the limit imposed by the forum.

why not just break it up to two post? 250 on one and 250 on another? Just an idea

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smoothie
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October 20, 2012, 08:10:21 PM
 #85

    - There is a byte limit to the size of a post. This is the reason why there are only 410 lines in the post.
      Adding the full 500 goes over the limit imposed by the forum.

why not just break it up to two post? 250 on one and 250 on another? Just an idea

That would be too difficult. lol

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                   ²²²                 
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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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chriswilmer
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November 26, 2012, 01:17:46 AM
 #86

I would like to see this updated!  Cheesy
AfricanHunter
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November 26, 2012, 09:17:42 AM
 #87

Neat!

Does anyone want to claim one of them and show off your epeen?

Thinking about doing business with johnniewalkerhttps://bitcointalk.org/index.php?action=profile;u=72227?
First read this thread https://bitcointalk.org/index.php?topic=131841.0

Also, Join the National Rifle Association to protect 2nd Amendment Rights http://membership.nrahq.org/default.asp?campaignid=XR020022
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November 29, 2012, 06:50:15 PM
 #88

I would like to see this updated!  Cheesy

Your wish has been granted, but please recall
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November 29, 2012, 10:58:19 PM
 #89

*checks*......
Yay for using Armory, and splitting up the coins among a few dozen addresses  Grin

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November 30, 2012, 02:48:48 AM
 #90

I don't get it, if those are just addresses what do they show?? Someone owns them on a Bitcoin client?? How do we know where the money is??? I am confused.

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December 25, 2012, 04:02:47 PM
 #91

10000.00000000 11de35c5727122f4f58517a8d963b208442dc3a3 12dUggmXPYsPVHaHr1DoW5J6bb6gvh4yZq Sun Dec 19 02:21:49 2010

Wow, Untouched for so long

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December 26, 2012, 10:29:33 AM
 #92

interesting.....

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January 18, 2013, 08:31:46 PM
 #93

Knowing this, is it possible to know the amout of BTC that are "lost" if lost = unused for 2 years?

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January 18, 2013, 08:46:33 PM
 #94

Knowing this, is it possible to know the amout of BTC that are "lost" if lost = unused for 2 years?

I bet there is a $/BTC point where most people started taking bitcoin seriously enough to backup their wallets before reformatting.

There should be an app that counts all the bitcoin addresses that haven't had any transactions since the exchange was at $x/BTC and gives you the total number of bitcoins likely lost.

That wouldn't account for forgotten passwords or coins sent to the wrong address etc since then, but it'd still be interesting to see the number.
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January 18, 2013, 10:26:17 PM
 #95

Knowing this, is it possible to know the amout of BTC that are "lost" if lost = unused for 2 years?

I bet there is a $/BTC point where most people started taking bitcoin seriously enough to backup their wallets before reformatting.

There should be an app that counts all the bitcoin addresses that haven't had any transactions since the exchange was at $x/BTC and gives you the total number of bitcoins likely lost.

That wouldn't account for forgotten passwords or coins sent to the wrong address etc since then, but it'd still be interesting to see the number.

That wouldn't be accurate, cause I know people that have just stuck some bitcoins in addresses that they never use. Me included, I have a couple address that have no transactions but just one for over 6 months. So that is a horrible way to show if coins are lost or unable to be used.

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January 18, 2013, 10:29:00 PM
 #96

Of course, but most likely lost bitcoins are lost so without movement since let's say <2 years is a good estimation no?

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January 18, 2013, 10:46:34 PM
 #97

That wouldn't be accurate, [...] So that is a horrible way to show if coins are lost or unable to be used.

I never said it would be 100% accurate. I'm sure there are SOME addresses without any transactions for over 2 years that the owners still have access to.


I have a couple address that have no transactions but just one for over 6 months.

Then it's not inactive for over 2 years, is it?  Roll Eyes


What more accurate method could you suggest then?
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January 18, 2013, 10:53:19 PM
 #98

That wouldn't be accurate, [...] So that is a horrible way to show if coins are lost or unable to be used.

I never said it would be 100% accurate. I'm sure there are SOME addresses without any transactions for over 2 years that the owners still have access to.

It is 0% accurate it is just being lucky...

I have a couple address that have no transactions but just one for over 6 months.

Then it's not inactive for over 2 years, is it?  Roll Eyes

Smart ass I see...

What more accurate method could you suggest then?

There is no accurate method, and that is the great thing about bitcoins, you mess up, you learn a lesson. That is how people are going to be become better bitcoiners. I think looking for those "lost coins" is a waste of time.

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January 18, 2013, 11:06:31 PM
 #99

That wouldn't be accurate, [...] So that is a horrible way to show if coins are lost or unable to be used.

I never said it would be 100% accurate. I'm sure there are SOME addresses without any transactions for over 2 years that the owners still have access to.

It is 0% accurate it is just being lucky...

No, 0% accuracy is what we get with your suggestion of "don't bother trying to find out".

We know there are 10,676,550 mined bitcoins as of this writing, and if 500,000 of those haven't moved in 2 or even 3 years then at least we have SOME idea of how many dead coins there MAY be.

There is no accurate method, [...] I think looking for those "lost coins" is a waste of time.

I don't consider pursuits of curiosity to be a waste of time.
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January 18, 2013, 11:11:49 PM
 #100

You see, odds and bla bla... well I stop trying  Wink

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