Congrats to the Diamond Hands Bitcoin Holders!

OgNasty

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Quote from: Josefjix on March 20, 2021, 12:36:19 AM

It is not an easy task to hold bitcoin for such a long time for you to be a millionaire through it, they deserve the accolades they are getting. What is worthy of note is; most of these people have money, they have patient and it is paying off for them. Diamond hands or not regardless we are celebrated as well. We are champions for keeping the technology growing is a feet we have collectively achieved.

This is a great point. I’ve heard so many people talk about Bitcoiners like they got lucky. Then those same people buy into BTC and sell when they get a 10% profit... Even now in the community some people talk about a million dollars like it’s easy to get and not a major thing to save a million dollars. Granted, none of the people criticizing have a million dollars, so bless their ignorant hearts.

The Diamond holders are out there, rubbing shoulders with the rest of us on these forums, and I respect their dedication and belief in Bitcoin. I’m glad they’ve been rewarded for their loyalty.

Josefjix

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yes

It is not an easy task to hold bitcoin for such a long time for you to be a millionaire through it, they deserve the accolades they are getting. What is worthy of note is; most of these people have money, they have patient and it is paying off for them. Diamond hands or not regardless we are celebrated as well. We are champions for keeping the technology growing is a feet we have collectively achieved.

taufik123

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Quote from: Wawa2013 on March 19, 2021, 06:23:59 PM

Most people were already selling their Bitcoin when the Bitcoin price was $ 40k or $ 50k, but for those who buy Bitcoin at a price below $ 20k
and are still HODL until now you are certainly already a rich person. I also want to congratulate for Bitcoin holders who have been patient
not affected by selling their Bitcoin, and now can enjoy a large profit. But seeing the movement of Bitcoin which can still go up even higher,
my advice is not to sell all the Bitcoin we have today. Only selling Bitcoin which we really need, to buy the things we want. Because in my opinion
the longer we HODL Bitcoin, the greater the profits we make.

Most people even sell Bitcoin for under $ 40k. Those who buy bitcoins at the price of $ 3k will of course sell them when they reach the new ATH or around the $ 10k price range. Quite varied. But those who have been able to hold back from the low prices until now are the elect who believe in bitcoin. Without trading and just holding bitcoins they will become rich, but it depends on how many bitcoins they hold.

Holding is also related to psychological problems, is it really able to withstand for a long time and with the highest possible target.

Selling partially when the target has been reached is good advice to secure capital and get some profit to buy some of the things we want. The rest of the bitcoins will remain on hold.

But the price of bitcoin will also not continue to rise and rise, there is a time when bitcoin will go down and reach its deep price again, it is the right time to buy bitcoin. again.

Oilacris

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For us small fry's then all we can do is to be happy for them. hehe. Its really great to look at and a bit envious for those multi millionaires out there because of bitcoin.

They did able to held up their coin until this very moment.Some didnt even sold a single coin and some do make out accumulation even up to now which does shows that someone do have the
strong will and high hopes with bitcoin into upscale level.

They do deserve and it did really paid off and it isnt really bad to taste up the profits that you had gained.

Wawa2013

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Most people were already selling their Bitcoin when the Bitcoin price was $ 40k or $ 50k, but for those who buy Bitcoin at a price below $ 20k
and are still HODL until now you are certainly already a rich person. I also want to congratulate for Bitcoin holders who have been patient
not affected by selling their Bitcoin, and now can enjoy a large profit. But seeing the movement of Bitcoin which can still go up even higher,
my advice is not to sell all the Bitcoin we have today. Only selling Bitcoin which we really need, to buy the things we want. Because in my opinion
the longer we HODL Bitcoin, the greater the profits we make.

Oasisman

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Quote from: OgNasty on March 07, 2021, 02:04:17 AM

It’s almost unfathomable to think about the amount of wealth lost to misplaced private keys.

That's the most unfortunate event in your crypto life If somebody lost their private keys looking at the current Btc price would make him cry with blood lol.

I would also like to congratulate all in advance to those people who planned to hodl until the 6 digit figure. When that happens, the amount of wealth you guys will have is unimaginable.

acener

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Congratulations to all those who hold their BTC for a very long time their faith in it had given them a good profit.
Their risk and endurance through out the time had paid off there are so many who had gain so much from it and I am happy to congratulate you all and be an inspiration to other investors.

OgNasty

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The next real big jump in Bitcoin Diamond Hands addresses will be as stated when the 6.25 BTC mining reward chunks starting being valued at $1,000,000.00. This will happen at a price of $160,000.00 per BTC. It's quite possible this could happen during the current cycle and it would make for a staggering number of crypto millionaires as valued by unique addresses.

so98nn

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That’s cool information you have provided. Ahh! Unfortunately my address isn’t there in the thousands of addresses mentioned! Grin

I wish I had stored all the bitcoins that I had in earlier days. I know it’s not just me but many thousand users who know bitcoin since the time it was worth couple of hundred dollars. I had seen 5-6 bitcoin here and there all the time when it was tiny stuff earlier. So unfortunate that I sold them whenever I received them. Today also when bitcoin price is huge I am not helping myself but selling a portion of my coins just to keep myself in profits. May be that’s why I may not be in that list ever. Lolz

pooya87

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Quote from: BayAreaCoins on March 09, 2021, 10:17:00 PM

At some point, it's going to become more profitable or lottery-like to start scanning for private keys rather than mining.

No it wont.
Because for starters searching the 256 bit bitcoin key space is nowhere near computing SHA256 and finding a hash for any bitcoin difficulty at any time. Not to mention that the difficulty is not ever going to grow that big to require even half the work needed to find a funded private key.

Quote from: BayAreaCoins on March 09, 2021, 10:17:00 PM

That's why it's so important for Bitcoin holders to break their cryptocurrency into multiple keys. There is no epeen reward for having a wallet worth over X, but is a reward for only getting 1 address pwned out of your 1000.

If even one single key is found by searching bitcoin will be worth 0 and whether you spread your coins among 1000 or 1 address won't matter because you would be holding something worthless.

Quote

I've found a used empty Bitcoin address inside the pages of Directory.io (private key website) (like page 2309582352, I can't remember the exact page, but it was awesome to see.)

There are lots of puzzles like this. You had found one.

lifeforcepools

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I wonder how many such holders there will be in 5 years.

BayAreaCoins

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Quote from: OgNasty on March 09, 2021, 09:28:13 PM

Makes solo mining feel like a real lottery.

At some point, it's going to become more profitable or lottery-like to start scanning for private keys rather than mining.

That's why it's so important for Bitcoin holders to break their cryptocurrency into multiple keys. There is no epeen reward for having a wallet worth over X, but is a reward for only getting 1 address pwned out of your 1000.

I've found a used empty Bitcoin address inside the pages of Directory.io (private key website) (like page 2309582352, I can't remember the exact page, but it was awesome to see.)

OgNasty

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How long until 10 BTC means you have Diamond Hands? It’s titillating to think about. A huge amount of addresses became Diamond when 25 BTC became over a million dollars and another wave will happen as the 12.5 BTC block rewards become Diamond. I think we may even see the 6.25 BTC block reward be a Diamond reward this cycle and possibly this year. Makes solo mining feel like a real lottery.

semobo

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Quote from: OgNasty on March 05, 2021, 04:07:16 PM

The folks who have held this long have done so because they didn’t try to sell and buy back cheaper. If they had, they would have never been able to buy back in. Many a “what if” stories start with the premise of getting into Bitcoin early only to sell at a big gain hoping to buy back cheaper and get rich, which never occurred. In fact, it’s that attempting to trade for riches that kept them from reaching their goal...

Not every rich persons in crypto industry are early investors, many came after years but still managed to buy and sell at every dump and bump which surely made more profits than people who held it since the beginning. Well day traders cannot be rich by selling ind buying because their profits will be on the lose in the next day or even in the next trade so they keep stuck in the same capital forever.

rodskee

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How lucky to be one of those who had been congratulated , either they are a real millionaire(or maybe Billionaire) or they are lucky enough to be one of the early adopter .
I have read someone that Bought a Chili sauce for 3 Bitcoin per 2 bottles .

Now you can buy a warehouse of chilisauce with that 3 bitcoins Grin

Congratulations to all and Hoping that there are much many to follow in the lists.

OgNasty

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With the price hovering around $50,000 it is crazy to think only 20 BTC would make you a “Diamond Hands” Bitcoiner. It’s almost unfathomable to think about the amount of wealth lost to misplaced private keys.

maydna

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Quote from: OgNasty on March 05, 2021, 04:07:16 PM

Quote from: semobo on March 05, 2021, 06:42:08 AM

Quote from: maydna on March 05, 2021, 06:30:46 AM

Quote from: semobo on March 05, 2021, 05:56:07 AM

Don't know how many of them access to their address in those few thousands person. I can read articles related to people forget or lost their private keys because they never thought that Bitcoin will raise to millions someday which they bought for few dollars or even for free.

Even if they can access their bitcoin wallet address, they will not say to other people because the bitcoin price is too high. And if they tell how many bitcoins they have, that can invite the bad people to steal his bitcoin. With the price now, people who have bitcoin for a long time can celebrate their victory by holding it for more than 1 years. They can now sell some part, but they can also hold for more years, especially if they have a target price to sell. But for the trader, I think they will still try to trade to earn more bitcoin because they want to become new whales with so many bitcoin in their wallet.

Bitcoins cannot be stolen unless the owner make a mistake like exposing the private keys to the intruders, well they are already holding it for years and surely they know the benefits of holding more than anyone so they will choose what the right thing is to do and in my opinion most of them will continue to hold or wait for the dump to buy again cheaper.

The folks who have held this long have done so because they didn’t try to sell and buy back cheaper. If they had, they would have never been able to buy back in. Many a “what if” stories start with the premise of getting into Bitcoin early only to sell at a big gain hoping to buy back cheaper and get rich, which never occurred. In fact, it’s that attempting to trade for riches that kept them from reaching their goal...

Perhaps, they want to hold for more and don't sell at a price now because they expect to see the price can be more than $100k, so they will sell a small amount. If the price really touches $100k, which I am sure will happen in the future, they will make a lot of money from that. If I were one of those people, I will sell it at $58k for 1 bitcoin and keep it the rest for the next high price because my profit will be bigger. But they can buy back bitcoin at drips that will always come to the market so that they can have more bitcoin than before.

Perhaps, leaving 100 bitcoin in the wallet for the long term will give them a huge profit in the future. I am sure they will know what they need to do with their huge bitcoin amount.

electronicash

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Quote from: AakZaki on March 05, 2021, 09:45:22 PM

Holding thousands to millions of bitcoins is an extraordinary thing. I think holders of thousands to millions of bitcoins are still sitting around watching the price of bitcoin continue to rise, maybe they are selling their bitcoins little by little.
but of the many addresses that hold hundreds, thousands to millions of bitcoins, they may no longer be able to access them, for reasons of dying without an heir or losing the phrase key and other reasons.
holders will always be winners, if they know when to enter and when to leave.

that is why they have diamond hands. they have probably been holding their BTC not minding how much it could go down despite buying the BTC for more than $10K. holding $100K isn't so bad, not everyone had the money in the crisis times. people had been selling everything just to survive this pandemic and if you have the BTC today worth more than what they have been, you are one of the luckiest because it could go extremely high soo.

AakZaki

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Holding thousands to millions of bitcoins is an extraordinary thing. I think holders of thousands to millions of bitcoins are still sitting around watching the price of bitcoin continue to rise, maybe they are selling their bitcoins little by little.
but of the many addresses that hold hundreds, thousands to millions of bitcoins, they may no longer be able to access them, for reasons of dying without an heir or losing the phrase key and other reasons.
holders will always be winners, if they know when to enter and when to leave.

lienfaye

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Congrats to the bitcoin hodlers who managed to refrain themselves from selling even the price is high enough to take profit.

These diamond hodlers are probably well-off, despite of the crisis happening on different country they still able to keep their bitcoin and didnt spend it.

But lets not forget the small time bitcoiners, big time or not as long as you're a hodler/buyer, you are an important part for bitcoin to keep existing.

Topic: Congrats to the Diamond Hands Bitcoin Holders! (Read 656 times)