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Topic: Forbes 400? BTC Top 10? (Read 2163 times)

full member
Activity: 210
Merit: 100
June 29, 2012, 06:50:48 PM
#13
440,000 BTC at a single address?! Damn. A guy could buy himself almost 90 large pizzas with that kind of scratch.
Yes, it really happened.

Ouch
R-
full member
Activity: 238
Merit: 100
Pasta
June 29, 2012, 12:45:05 PM
#12
440,000 BTC at a single address?! Damn. A guy could buy himself almost 90 large pizzas with that kind of scratch.
Yes, it really happened.
sr. member
Activity: 342
Merit: 250
June 27, 2012, 06:49:30 PM
#11
440,000 BTC at a single address?! Damn. A guy could buy himself almost 90 large pizzas with that kind of scratch.
legendary
Activity: 1904
Merit: 1002
June 26, 2012, 03:16:22 PM
#10
Not that I have the cash to buy 50000BTC, but I'm wondering how many people there are who actually feel comfortable enough that it won't get stolen in some manner to invest those kinds of sums.  Keeping your wallet 100% safe is not a trivial task for most.

Maybe it's an offline, paper wallet.
full member
Activity: 209
Merit: 100
June 26, 2012, 03:08:54 PM
#9
Not that I have the cash to buy 50000BTC, but I'm wondering how many people there are who actually feel comfortable enough that it won't get stolen in some manner to invest those kinds of sums.  Keeping your wallet 100% safe is not a trivial task for most.
donator
Activity: 1419
Merit: 1015
June 25, 2012, 05:47:46 PM
#8
Every time the 400k address is brought up someone always points out that it is MtGox's and I always point out that it isn't, because if it was, it would be in their best interest to say it was to put minds at ease.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
June 25, 2012, 05:09:00 AM
#7
A typical hedge fund operation: First accumulate large amount of BTC and drain the supply, and drive up the price, dump the BTC on the rise Cheesy

It's worth considering. A few ambitious finance guys could take a relatively small amount of money and buy up a whole lot of BTC and sit on it or pump and dump.

All the reason to mine the rest of the BTC. :-)
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
June 25, 2012, 05:01:49 AM
#6
A typical hedge fund operation: First accumulate large amount of BTC and drain the supply, and drive up the price, dump the BTC on the rise Cheesy
legendary
Activity: 1904
Merit: 1002
June 24, 2012, 10:01:23 PM
#5
Hmm... all the transactions to that number 1 account has ever made can be found just using that 160hash address in block explorer. I don't want to seem as if I want to find out who it is - but its just interesting to see how it is a relatively new account, and how the flow of Bitcoins increased gradually over a short period of time.

http://blockexplorer.com/address/1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM

Although, if an account as such just keeps constantly accumulating a large amount of Bitcoins, and it just sits there not moving, wouldn't that have a negative impact in the economics? Wouldn't it technically be considered dead or lost money in a way?

It would drive down supply, but it would not be considered dead.  As long as funds are flowing into it you know the person controlling it may very well spend some.
member
Activity: 66
Merit: 10
June 24, 2012, 08:15:45 PM
#4
Hmm... all the transactions to that number 1 account has ever made can be found just using that 160hash address in block explorer. I don't want to seem as if I want to find out who it is - but its just interesting to see how it is a relatively new account, and how the flow of Bitcoins increased gradually over a short period of time.

http://blockexplorer.com/address/1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM

Although, if an account as such just keeps constantly accumulating a large amount of Bitcoins, and it just sits there not moving, wouldn't that have a negative impact in the economics? Wouldn't it technically be considered dead or lost money in a way?
hero member
Activity: 686
Merit: 500
Wat
June 24, 2012, 12:23:37 AM
#3
Wonder if Warren Buffett has got involved yet? He would keep it quiet anyway I'd guess.

Warren Buffett would buy bfl.
hero member
Activity: 560
Merit: 500
I am the one who knocks
June 23, 2012, 10:09:52 PM
#2
Wonder if they got the SR wallet on there Tongue
member
Activity: 66
Merit: 10
June 23, 2012, 09:33:08 PM
#1
I am assuming most was purchased through currencies, don't think mining makes up most of these.

http://www.forbes.com/sites/jonmatonis/2012/06/22/the-bitcoin-richest-accumulating-large-balances/

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