Author

Topic: How many BTC do you have? (Read 2063 times)

full member
Activity: 182
Merit: 100
July 21, 2012, 07:25:47 PM
#20
I have about $2000 invested overall.  About $1000 in hardware, The rest is divided between USD, LTC and BTC that I use to invest on exchanges.

At any given time I have anywhere from 1 to 40 BTC in possession, although I can quickly purchase or cash in LTC/USD for BTC.  I've been investing more and more with Litecoin.  Ideally I'd like to maintain over 100 BTC and 100,000 LTC at any given time.  I could see Litecoin hitting $1 before BTC hitting $1000.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
July 20, 2012, 11:46:36 PM
#19
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC

No you are not. It is mathematically impossible. If you divide 21000000 by 2.45997863 one gets 8536659. That means that there can be at most 8536658 people in the world with more BTC than you. With a world population of 7,027,534,360 that places you in the top 0.122%.
Really, you should be using Standard Distribution over a bell curve. If everyone had bitcoins, it would place him in the top 0.122%, but he would be likely much higher than that.

Of course because assuming all of the top 0.122% have the same number of BTC is completely wrong.
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
July 20, 2012, 11:00:26 PM
#18
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC

No you are not. It is mathematically impossible. If you divide 21000000 by 2.45997863 one gets 8536659. That means that there can be at most 8536658 people in the world with more BTC than you. With a world population of 7,027,534,360 that places you in the top 0.122%.
Really, you should be using Standard Distribution over a bell curve. If everyone had bitcoins, it would place him in the top 0.122%, but he would be likely much higher than that.
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
July 20, 2012, 08:05:12 PM
#17
A little over 500. Basically for free.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
July 20, 2012, 07:06:14 PM
#16
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC

No you are not. It is mathematically impossible. If you divide 21000000 by 2.45997863 one gets 8536659. That means that there can be at most 8536658 people in the world with more BTC than you. With a world population of 7,027,534,360 that places you in the top 0.122%.

I'm only talking about the people who own cryptocurrency, in which I am not the top 1%.

Fair enough. But if you hang on to your 2.45997863 BTC and Bitcoin gains any significant part of the world payments market, you will not be out side of the top 1% for long.
sr. member
Activity: 292
Merit: 250
July 20, 2012, 06:04:20 PM
#15
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC

No you are not. It is mathematically impossible. If you divide 21000000 by 2.45997863 one gets 8536659. That means that there can be at most 8536658 people in the world with more BTC than you. With a world population of 7,027,534,360 that places you in the top 0.122%.

I'm only talking about the people who own cryptocurrency, in which I am not the top 1%.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
July 20, 2012, 05:23:48 PM
#14
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC

No you are not. It is mathematically impossible. If you divide 21000000 by 2.45997863 one gets 8536659. That means that there can be at most 8536658 people in the world with more BTC than you. With a world population of 7,027,534,360 that places you in the top 0.122%.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
July 19, 2012, 10:09:38 PM
#13
There is pretty much big holder here. I'm pretty sure some of these guys are manipulating the market as I see in the charts. I'm not saying this is bad or not, it's just some observations. Some people have the ability to create or burst bubbles.  I find it interesting
sr. member
Activity: 490
Merit: 251
July 19, 2012, 09:36:52 PM
#12
Not enough when BTC/USD is going up and too many when BTC/USD is going down.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
July 19, 2012, 09:18:34 PM
#11
Much more important is who will still have how much 4 years from now when 1 BTC > 10000$. Most of you guys will part with your bitcoins well before that moment, I would think.



$10,000 in today's dollars or in 4 years from now dollars? There's a huge difference in purchasing power that's why.

please clairfy Grin
legendary
Activity: 2114
Merit: 1031
July 19, 2012, 04:03:18 PM
#10
Much more important is who will still have how much 4 years from now when 1 BTC > 10000$. Most of you guys will part with your bitcoins well before that moment, I would think.



heh, all it took was over $9 and I was about all cashed out.

Luckily, I don't keep them all in my trading accounts... Smiley
legendary
Activity: 2282
Merit: 1050
Monero Core Team
July 19, 2012, 03:40:56 PM
#9
Much more important is who will still have how much 4 years from now when 1 BTC > 10000$. Most of you guys will part with your bitcoins well before that moment, I would think.



Some will. some wont.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
July 19, 2012, 02:49:28 PM
#8
with so many trolls on the forums

i wouldn't believe anyone that clicks 100,000

+1
hero member
Activity: 812
Merit: 1001
-
July 19, 2012, 02:49:21 PM
#7
Much more important is who will still have how much 4 years from now when 1 BTC > 10000$. Most of you guys will part with your bitcoins well before that moment, I would think.

hero member
Activity: 658
Merit: 500
July 19, 2012, 02:46:42 PM
#6
mid 4 digits and it's not enough
full member
Activity: 210
Merit: 100
July 19, 2012, 02:16:08 PM
#5
Curiously, wouldn't the poll be more accurate if the greater than signs were reversed on the majority of the answers? For instance, I could have 10000BTC in my possession and mark "Greater than 5000" and still be giving a factual answer, even though it really doesn't help to give a good idea.
donator
Activity: 853
Merit: 1000
July 19, 2012, 01:19:35 PM
#4
with so many trolls on the forums

i wouldn't believe anyone that clicks 100,000

Yep. They definitely exist, but no way that 3 out of the first 10 or so people that clicked on this have that many...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
July 19, 2012, 01:16:54 PM
#3
with so many trolls on the forums

i wouldn't believe anyone that clicks 100,000
sr. member
Activity: 292
Merit: 250
July 19, 2012, 01:15:37 PM
#2
I am the crypto-99%

2.45997863 BTC
1.96206495 LTC
donator
Activity: 853
Merit: 1000
July 19, 2012, 12:46:32 PM
#1
Just curious Smiley
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