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Topic: Bitcoin TOP-500 Richest - page 3. (Read 79760 times)

legendary
Activity: 2324
Merit: 1125
November 26, 2013, 06:20:42 AM
Anarcho-capitalist "Karl Gray" (producer of the documentary life on bitcoin) has accumulated 100,000 BTC

http://rt.com/shows/keiser-report/episode-526-max-keiser-025/ (14:55)

WTF *jaw drops*
legendary
Activity: 1792
Merit: 1111
November 26, 2013, 06:14:58 AM
legendary
Activity: 1552
Merit: 1047
November 22, 2013, 05:54:08 PM
Anarcho-capitalist "Karl Gray" (producer of the documentary life on bitcoin) has accumulated 100,000 BTC

http://rt.com/shows/keiser-report/episode-526-max-keiser-025/ (14:55)
legendary
Activity: 1148
Merit: 1018
November 22, 2013, 12:57:27 PM
Holdings as of 11/20/2013: 182,592 BTC.

I'm curious: why would you disclose this?


Someone that would like to manipulate the market at some point. Imagine the effect of a post by Loaded saying he is willing to unload Cheesy
legendary
Activity: 966
Merit: 1001
Energy is Wealth
November 22, 2013, 12:40:33 PM
legendary
Activity: 2324
Merit: 1125
November 22, 2013, 10:41:15 AM
Just to reply to an earlier discussion in this thread, I believe only bitcoins in a wallet under direct control should be counted. Several have suggested that investments or third-party accounts should be counted, but that is illogical. By the same convolution of logic I could suggest that Bill Gates is in the top 10 holders of bitcoins, he just has his coins invested in dollars at the moment and can convert them back to coins whenever he chooses.

A bitcoin wallet is the direct measure. Who cares how many shares of ASICMiner, Labcoin, or even Microsoft you have? It is irrelevant to how many coins you actually control. Otherwise, coins can be double counted. One could state that they have 1000 coins, but that 500 of them are in ASICminer and 500 are on MtGox. In reality you have zero. ASICMiner has 500 and MtGox have 500. You only have IOU's that may or may not be redeemable at any given time.

Well, if I own 1% of the shares of a company. And that company control X coins. Than I own X/100 coins.

 They own the coins. Ownership in a public company does not include the rights to unilaterally dispose of their assets as you see fit. You get only what they decide to give you.


No they are yours. THAT is how public companies work. Shareholder jointly own the company.
hero member
Activity: 504
Merit: 502
November 22, 2013, 10:32:00 AM
Just to reply to an earlier discussion in this thread, I believe only bitcoins in a wallet under direct control should be counted. Several have suggested that investments or third-party accounts should be counted, but that is illogical. By the same convolution of logic I could suggest that Bill Gates is in the top 10 holders of bitcoins, he just has his coins invested in dollars at the moment and can convert them back to coins whenever he chooses.

A bitcoin wallet is the direct measure. Who cares how many shares of ASICMiner, Labcoin, or even Microsoft you have? It is irrelevant to how many coins you actually control. Otherwise, coins can be double counted. One could state that they have 1000 coins, but that 500 of them are in ASICminer and 500 are on MtGox. In reality you have zero. ASICMiner has 500 and MtGox have 500. You only have IOU's that may or may not be redeemable at any given time.

Well, if I own 1% of the shares of a company. And that company control X coins. Than I own X/100 coins.

 They own the coins. Ownership in a public company does not include the rights to unilaterally dispose of their assets as you see fit. You get only what they decide to give you.
legendary
Activity: 2324
Merit: 1125
November 22, 2013, 10:10:11 AM
Just to reply to an earlier discussion in this thread, I believe only bitcoins in a wallet under direct control should be counted. Several have suggested that investments or third-party accounts should be counted, but that is illogical. By the same convolution of logic I could suggest that Bill Gates is in the top 10 holders of bitcoins, he just has his coins invested in dollars at the moment and can convert them back to coins whenever he chooses.

A bitcoin wallet is the direct measure. Who cares how many shares of ASICMiner, Labcoin, or even Microsoft you have? It is irrelevant to how many coins you actually control. Otherwise, coins can be double counted. One could state that they have 1000 coins, but that 500 of them are in ASICminer and 500 are on MtGox. In reality you have zero. ASICMiner has 500 and MtGox have 500. You only have IOU's that may or may not be redeemable at any given time.

Well, if I own 1% of the shares of a company. And that company control X coins. Than I own X/100 coins.
hero member
Activity: 504
Merit: 502
November 22, 2013, 10:05:57 AM
Just to reply to an earlier discussion in this thread, I believe only bitcoins in a wallet under direct control should be counted. Several have suggested that investments or third-party accounts should be counted, but that is illogical. By the same convolution of logic I could suggest that Bill Gates is in the top 10 holders of bitcoins, he just has his coins invested in dollars at the moment and can convert them back to coins whenever he chooses.

A bitcoin wallet is the direct measure. Who cares how many shares of ASICMiner, Labcoin, or even Microsoft you have? It is irrelevant to how many coins you actually control. Otherwise, coins can be double counted. One could state that they have 1000 coins, but that 500 of them are in ASICminer and 500 are on MtGox. In reality you have zero. ASICMiner has 500 and MtGox have 500. You only have IOU's that may or may not be redeemable at any given time.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
November 22, 2013, 06:22:00 AM
Why is this listed as off-topic?  Huh Huh
Because it was moved here from the Bitcoin Discussion treat if i remember right.
legendary
Activity: 1792
Merit: 1111
November 21, 2013, 10:47:39 PM
Why is this listed as off-topic?  Huh Huh
legendary
Activity: 2324
Merit: 1125
November 20, 2013, 06:46:56 AM
Holdings as of 11/20/2013: 182,592 BTC.

I'm curious: why would you disclose this?

Oh and I'm mostly jealous for obvious reasons Tongue (but sure I learned, most of us get what we deserve Wink)
legendary
Activity: 1456
Merit: 1002
November 20, 2013, 02:37:30 AM
I`m surprised on a few who dont have a lot more. Esp ppl who were involved in facebook.
legendary
Activity: 2044
Merit: 1005
November 20, 2013, 02:16:44 AM
Realsolid raised atleast 25k btc from fees he holds 50k fees too.
donator
Activity: 1722
Merit: 1036
November 20, 2013, 02:03:46 AM
If only I was one of the 500 :3

At these reduced prices we are enjoying today, only about $1M is needed to secure your place among the Most Wealthy.

Actually I am still baffled how cheap it is. There are so many who have $1M... I think it was 30 million individuals globally. Only 500 with $1M in BITCOINS!
donator
Activity: 1722
Merit: 1036
November 20, 2013, 02:00:25 AM
Holdings as of 11/20/2013: 182,592 BTC.

Congratulations! You made it to the TOP-10 by beating FBI  Grin
full member
Activity: 135
Merit: 113
whale eater
November 20, 2013, 01:34:36 AM
Holdings as of 11/20/2013: 182,592 BTC.
legendary
Activity: 1204
Merit: 1001
November 18, 2013, 07:38:32 PM
At this rate satoshi will be a billionaire soon. 
legendary
Activity: 2324
Merit: 1125
November 18, 2013, 06:24:47 PM
13.  BTC100,000. "mezzomix"

You can remove me from the list. To get a better number divide it by 5.


Still .... Nice driving son! Wink
member
Activity: 98
Merit: 10
November 18, 2013, 05:50:10 PM
If only I was one of the 500 :3
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