Congrats to the Diamond Hands Bitcoin Holders! - page 2.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

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...

Alucard1

full member

Activity: 574

Merit: 125

Wow, I am just amazed at the large number of people who are holding 100 million dollars worth of BTC, I could imagine how good their lives now, and also I am thinking about how they earned those amounts of BTC and how long does it takes.

Congratulations as well for those people who have 1 BTC stored in their wallet that is already a huge amount of money and that is hard to earn so I admire those people who already have that. Hoping that someday I can have 1 or more BTC in my wallet.

Timelord2067

legendary

Activity: 3696

Merit: 2219

💲🏎️💨🚓

I vaguely recall seeing a thread in this Forum two or three years ago called "The 21 Bitcoin Club" - IIRC a user had to own 21 bitcoins which nowadays would be worth BTC 21.000 which is valued at

which isn't too shabby when you think about it.

semobo

full member

Activity: 1498

Merit: 146

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.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

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.

Fundamentals Of

sr. member

Activity: 2380

Merit: 366

In addition to these diamond hands Bitcoin holders, congratulations more to those of us retail investors who remained firm not to quit even after going through all the worst ups and downs of Bitcoin.

It is worth celebrating with people who don't have much, those whose limited savings are mostly in Bitcoin, those who are daily wage earners who prefer to put their small extra into Bitcoin. If your small amount of Bitcoin grew or at least remained intact all throughout the past 4 years at least, you guys are awesome.

semobo

full member

Activity: 1498

Merit: 146

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.

aoluain

legendary

Activity: 2436

Merit: 1362

As Lucius posted congrats to the people who had the vision to get into Bitcoin in the first place
and secondly to hold their investment.

As Bitcoin increases in demand and value we will see more and more people/wallets move into
these groups

Quote from: OgNasty on March 03, 2021, 07:29:06 PM

Congrats to you if you are one of the 93 thousand addresses holding over 1 million dollars in BTC.

Huge congrats if you are one of the 8 thousand addresses holding more than 10 million dollars in BTC!

There's also more than 423 thousand Bitcoin accounts holding more than 100 thousand dollars worth of BTC, so if you are in that club that ain't too shabby either!

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: amishmanish on March 04, 2021, 10:23:06 PM

Thanks to the HODLers AND the Merchants (not traders),

Hey, traders contribute to some extent too! Tongue

Bitcoin(and any other tradable asset) needs traders and arbitragers to have good market liquidity, and to minimize the bitcoin price differences between multiple exchanges. Prices would be significantly more shaky and volatile if it weren't for them. Traders get too much of a bad rap because of the "market manipulation" argument.

amishmanish

legendary

Activity: 1904

Merit: 1159

Thanks to the HODLers AND the Merchants (not traders), lot of normies like us were able to come around 2017 and understand that Bitcoin was important and useful for more than just being magic internet money.

It has made a lot of millionaires as Nasty summarized in the OP. A percentage of those people are probably continuing to contribute to the normalization of crypto economy for the whole world.

Also, for the sheer number of people in developing countries that the forum introduced bitcoin to, the forum, Theymos and all the staff deserve a big applause too. If not for the forum, Bitcoin wouldn't be so widespread in usage today. From just China and the US, the concentration of developers and crypto hobbyists has exploded and covered everything from Turkey, India to Indonesia.

Evilish

hero member

Activity: 882

Merit: 563

Bitcoin to the moon!

Congrats to those who held through the thick and thin and trusted in Bitcoin. No matter how much you hold, we're all part of the biggest financial revolution in recent times.

Quote from: OgNasty on March 04, 2021, 04:59:34 PM

Your avatar fit this post perfectly!

Yes, you are 100% correct. I don't think people realize how fragile Bitcoin was 'way back then' in 2009-2012. It could have broken at any point. The entire market cap was a few million dollars and it wasn't uncommon to see people giving away lots of BTC. The people who stepped up and started accepting BTC for goods and services when they were basically accepting a dream and a prayer for their goods/time are the unsung heroes of crypto. When I think about all the thousands of BTC I once held... It would have been nice to sit on them, but you never know what the butterfly effect would have been. Certainly if everyone sat on their BTC back then, Bitcoin would be worthless today.

This made me feel better about all the BTC I spent over the years. Many of us spent more than we should have but life comes in the way sometimes, and like you said, if everyone hoarded every coin they ever held we would all be sitting on worthless piles of magic internet money.

OgNasty

donator

Activity: 4760

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Leading Crypto Sports Betting & Casino Platform

Quote from: BayAreaCoins on March 03, 2021, 07:54:59 PM

Special thanks to everyone who blew most/all their Bitcoins... Without us... I don't think any of this would have been possible either!

Just keep on keeping on! Great song: https://www.youtube.com/watch?v=6wJXBUfcIOE

*crowd goes wild*

Tongue

Your avatar fit this post perfectly!

Yes, you are 100% correct. I don't think people realize how fragile Bitcoin was 'way back then' in 2009-2012. It could have broken at any point. The entire market cap was a few million dollars and it wasn't uncommon to see people giving away lots of BTC. The people who stepped up and started accepting BTC for goods and services when they were basically accepting a dream and a prayer for their goods/time are the unsung heroes of crypto. When I think about all the thousands of BTC I once held... It would have been nice to sit on them, but you never know what the butterfly effect would have been. Certainly if everyone sat on their BTC back then, Bitcoin would be worthless today.

verita1

member

Activity: 1358

Merit: 81

Congratulations to all the bitcoiners. We are fortunate to know about bitcoin and to step up to new technology. Feeling financially independent is a privilege because we were constant, we did not let go of the wheel and we have driven bitcoin wisely.
I am not the one who owns large amounts of bitcoin, I am one of the minorities and still I feel very happy. Because there is still a lot to discover in the world of bitcoin.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Of course, congratulations to all those who believed that it was worth investing in BTC, and to all who can say today that they are financially independent - it certainly feels great to know that you have something which only 5 years ago had a value of only $200 - I won't even talk about the time before that, because all those who invested before that have become very rich for the amount, which can be measured in a few tens of dollars Roll Eyes

The real question is how many individuals are actually in this whole story, and that is impossible to establish regardless of whether the blockchain is public. I don't think it's about a huge number of individuals, because there are few who have the discipline to keep their digital assets safe for more than 10 years.

If we look at how many people are asking for help today because they found an old wallet that is dysfunctional for some reason or how they can't access their online wallets - it could be concluded that there aren't too many BTC millionaires, at least I don't know anyone like that - does any of you know a person who could fit into one of the three categories listed in OP (of course exclude yourself if you are by any chance one of the lucky ones) Wink

DdmrDdmr

legendary

Activity: 2338

Merit: 10802

There are lies, damned lies and statistics. MTwain

I’ve been looking around for a site that would allow us gain some more insights to this and other scenarios. What I was looking for, but failed to find, is a site that would allow us to breakdown bitcoin addresses at least in the following manner:

a)   Address "creation" Year (as per first TX really)
b)   Breakdown by balance (ranges)
c)   Breakdown by last input TX (year)
d)   Breakdown by last output TX (year)

The idea would be to be able to see a bulk distribution of addresses created by year, and then see the above breakdowns. For example, I’d like to see how many addresses "created" on a certain year had a certain balance range, and of those, which has been inactive for a certain period of time.
Applied to the OP’s data, I’d like to see when those balance ranges were achieved, how long they’ve been keeping that range for, and if they are active/inactive (+ since when).

There are sites and stats that do bits and pieces of this, but with no real flexibility to play around with "creation" dates and balance ranges, and often limited to a detail of the top x addresses (i.e. https://bitinfocharts.com/top-100-dormant_5y-bitcoin-addresses.html, https://hodlwave.com/, etc.).

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: BayAreaCoins on March 03, 2021, 07:54:59 PM

Special thanks to everyone who blew most/all their Bitcoins... Without us... I don't think any of this would have been possible either!

Just keep on keeping on! Great song: https://www.youtube.com/watch?v=6wJXBUfcIOE

*crowd goes wild*

Tongue

Plus a special congratulations to OG HODLers, and merchants like you who front ran the billionaires by the very widest of margins. Without you leading the path, there wouldn’t be people to follow.

Congratulations to everyone! We are all Satoshi, except the fraudster - you know who. Hahaha.

sunsilk

hero member

Activity: 3038

Merit: 634

How I wish that I still hold a lot. Tongue

I'm happy that I've been part of the community whereas I'm able to witness the highs and lows of bitcoin. And how many got rekt, how many moved emotions, and how many got happily took their profits along the way.

People who have sold earlier, no need to regret if you have used the money in good use. What's important is you're able to help the bitcoin ecosystem and contributed in making its current status happen.

DarkIT

sr. member

Activity: 1176

Merit: 252

Some people made a benifit by just holding. Some old and experienced traders know this secret.Many new traders don't know this secret. The secret is holding.Take this as an advice and hold bitcoin as an asset.Congratulations for the traders who had hold their coin and get huge benefit from it.Some became a millionaire from it.

Coyster

legendary

Activity: 2184

Merit: 1302

I'm definitely not a 'diamond hand bitcoiner', but atm i have no intentions whatsoever of selling the little stash I have in my wallet, it's great for people who fall under the category of a diamond holder cause it takes quite a lot to hodl on to your Bitcoin for many years, notwithstanding the FUD, price corrections, the media talks and RL stuffs, all this and many more could trigger an 'unwanted' sale.

For those not holding that much, I want you to know that the little you're holding also contributes to the network too, everyone can't be a whale, or be as rich as they are, keep believing in the network and accumulate at your own pace and never 'invest more than you can afford to lose' to join the 'elite' club.

matjas

full member

Activity: 798

Merit: 115

Quote from: Haunebu on March 04, 2021, 03:23:25 AM

Majority of these addresses probably belong to rich whales, institutional investors etc based on my research. However, I would like to congratulate all the HODLERS(rich or poor).

Very few have the guts to HODL patiently for a long period of time despite all the ups and downs of the cryptocurrency market. Personally, I am not a long-term HODLER currently, but I might become one in the future.

You are probably right. Long time holders and eary adopters shoud earn our respect and not all the rich investors whos started with BTC in 2020 and are now considered whales. Lots of them probalby dont even know how to send their BTC to a wallet since they have private investment manager to do this for them.

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