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Topic: 1 guy owns a 30th of all the bitcoins in existence!? - page 2. (Read 4810 times)

member
Activity: 103
Merit: 10
The better for us. Less bitcoin in circulation means their value increases due to high demand and high scarcity. Right?
member
Activity: 70
Merit: 10
For all we know the guy might be dead and the coins will never surface.
hero member
Activity: 826
Merit: 501
in defi we trust
Quote
Please show source of Satoshi owning a 6th of all bitcoins?
Who mined coins in 2009? Satoshi and, at most, some other people, note how difficulty was stuck at 1 for like a year or so, this means only one or so cpu were mining.
But this still not prove, that he keep all instead of sale some from time to time. Smiley

The coins are still there , very few of the first coins ever moved from their blocks.
What more proof you want?
member
Activity: 70
Merit: 10
They indeed won't give a flying f about the crowd getting fucked, problem is they fuck themselves. The volume is too big to sell which means the price they will be getting for their bitcoins will be extremely low. The demand is too slow for these volumes. As for the $1000,- dollar barrier, part of me believes in the dumping scenario, but on the other hand, people that have huge amounts of BTc now also had it when it became $10, when it became $100, $500, etc.
sr. member
Activity: 812
Merit: 250
Satoshi owns around 1 sixth or seventh of all coins
Seriously? With this amount he is almost a $$ billionaire. :O

And to the topic, if this is the true, that just a handful ppl hold 60 or 70% of the total amount, it's dangerous and explain, why the price raise up so stable. Maybe this handful ppl just want to catch 1000$ and bam...the bubble is bursting.

Slim chance. If half of all bitcoins get dumped on the market at $1000,- prices will fall so quick that everybody gets fucked.
As you wrote, "If half of all bitcoins get dumped" 60-70% is around the half or even a bit more. So you think they care about the crowd get fucked? And if the market is dumped and reach the bottom, is easy to turn and start again. EXACTLY what high roller do at the stock market from time to time...if the same guys are in bitcoin now (and it's sounds not so impossible!) it gonna happen too with the coins.
sr. member
Activity: 812
Merit: 250
Quote
Please show source of Satoshi owning a 6th of all bitcoins?
Who mined coins in 2009? Satoshi and, at most, some other people, note how difficulty was stuck at 1 for like a year or so, this means only one or so cpu were mining.
But this still not prove, that he keep all instead of sale some from time to time. Smiley
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Quote
Please show source of Satoshi owning a 6th of all bitcoins?
Who mined coins in 2009? Satoshi and, at most, some other people, note how difficulty was stuck at 1 for like a year or so, this means only one or so cpu were mining.
member
Activity: 84
Merit: 10
Please show source of Satoshi owning a 6th of all bitcoins?  If this is true, that can be the end to bitcoin as we know it.  Someone owning that many can kill the whole thing if the word gets out.
member
Activity: 70
Merit: 10
Satoshi owns around 1 sixth or seventh of all coins
Seriously? With this amount he is almost a $$ billionaire. :O

And to the topic, if this is the true, that just a handful ppl hold 60 or 70% of the total amount, it's dangerous and explain, why the price raise up so stable. Maybe this handful ppl just want to catch 1000$ and bam...the bubble is bursting.

Slim chance. If half of all bitcoins get dumped on the market at $1000,- prices will fall so quick that everybody gets fucked.
sr. member
Activity: 339
Merit: 250
División de Poderes s.XXI es Descentralización
they're in hands of u.s gov now

really? do they have the private key?
would like to see their faces if an anonymous guy makes a transaction with those coins  Cheesy
sr. member
Activity: 812
Merit: 250
Satoshi owns around 1 sixth or seventh of all coins
Seriously? With this amount he is almost a $$ billionaire. :O

And to the topic, if this is the true, that just a handful ppl hold 60 or 70% of the total amount, it's dangerous and explain, why the price raise up so stable. Maybe this handful ppl just want to catch 1000$ and bam...the bubble is bursting.
member
Activity: 70
Merit: 10
Problem is that it is too much influence on price of bitcoin by the holder of this amount if it is true. More and more messages about people holding vast amount of bitcoin surface, giving a lot of power to a small amount of people.

What will the FBI do with the seized bitcoins by the way? Any speculations?
sr. member
Activity: 391
Merit: 250
DPR took a large risk in getting that amount of bitcoin. and even if he does have vast wealth, would you trade places with him?
Since he has so much Bitcoin, maybe he can bribe the US government with it Shocked

haha, I came across another wallet of his. (I believe) is any how. One wallet i found, came from one of his others, made a transaction this past week and i don't think it is the FBI because they didn't sweep they wallet. Still has around 50k in it.
newbie
Activity: 28
Merit: 0
DPR took a large risk in getting that amount of bitcoin. and even if he does have vast wealth, would you trade places with him?
newbie
Activity: 57
Merit: 0
You're right, 400K is an estimate but from what I've read, the FBI have seized the company bitcoins but not his PERSONAL funds, of which there is an estimated 400K. And wow, at the current price that's over £200M
legendary
Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
they're in hands of u.s gov now
n
Not yet.  They have the encrypted wallet, but not the passcode.  Maybe they never will, because I'm not convinced that this guy is DPR at all.  He certainly is at least an employee, but then even he won't have access to the company funds.

The FBI has a lot of them, or maybe all of them - 400K is just an estimate, he may have just had 144K left.  The FBI moved 144,336 of them to here: 

https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH
member
Activity: 84
Merit: 10
Lol , Wonder if he gave this amount of btc to friends or family

That is way to much money just to keep in a wallet no one knows about
legendary
Activity: 1708
Merit: 1007
they're in hands of u.s gov now
n
Not yet.  They have the encrypted wallet, but not the passcode.  Maybe they never will, because I'm not convinced that this guy is DPR at all.  He certainly is at least an employee, but then even he won't have access to the company funds.
legendary
Activity: 1061
Merit: 1001
they're in hands of u.s gov now
full member
Activity: 182
Merit: 100
Satoshi owns around 1 sixth or seventh of all coins
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