it is not possible to tell how many , for that you would have to check billions of addresses
but in the early years 50-100 bitcoins was nothing , an average GPU in 2010 could mine you a coin in a few days
I remember faucets ( not the one dishing 5 btc and then 1 btc out , the smaller ones ) that gave out 100k satoshi per claim
and they were not even popular - hell who would have known that time ....
I had more than that and I literally wasted my fortune , hindsight is always 20 20
Topic: How many people or percentage has held at least 50 or 100 btc at one point? - page 2. (Read 938 times)
August 03, 2019, 02:31:03 PM
August 03, 2019, 02:15:46 PM
Did ppl who bought btc at 1 dollar really sold them at 2 dollars or more? I can understand that if you buy big amounts... but lot of ppl did this when say buying 100 btc at 1 dollar and then selling it off at 2 dollars for 100 dollar profit?
If that is case, wouldn't that mean tons of ppl had 1000s of btc especially when it was 50 cents or so? At around what price in btc... did it start to get more ppl into it? I know it was at 1 cent when it first came out... but at what price was it where ppl say okay this could be something? Like 1 dollar? Obviously when it was 10 or 30 dollars, that became pretty well known for ppl.
If that is case, wouldn't that mean tons of ppl had 1000s of btc especially when it was 50 cents or so? At around what price in btc... did it start to get more ppl into it? I know it was at 1 cent when it first came out... but at what price was it where ppl say okay this could be something? Like 1 dollar? Obviously when it was 10 or 30 dollars, that became pretty well known for ppl.
August 01, 2019, 10:12:00 AM
Right now the percentage of bitcoin users seems to be 3-5%, among them when we calculate about the people having 50,100 or more bitcoin will be very less. Most of the users with such a big number seems to be the early adopters. When it was a giveaway none cared about it. Further when growth progressed the demand increased same is the price and it went as an expensive investment.
August 01, 2019, 06:24:55 AM
Me - 250.375 BTC at $250 plus each.
July 22, 2019, 01:50:36 AM
Just remember owning 50 to 500 coins back in 2009 to 2012 was not a big accomplishment back then and people thought nothing of spending say 50 coins on t-shirts and whatever was sold back then. Lazlo's Pizza is a good example of that, so it only becomes relevant if those people bought those coins back then and hoarded it until after 2017. 
I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins.
I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins.
Yes this is true and this is why its not fair to bash that guy for spending 10000 BTC on a couple of pizza's because who knows if Bitcoin would be where it is today if it wasn't for that transaction.
Maybe if that transaction never happened people wouldn't see the utility of Bitcoin and it could of died off, its a possbility. In hindsight it sure looks like a bad trade but that bad trade might of been what made bitcoin what it is today. Because after that pizza trade there was more and more people buying goods and services with Bitcoin.
July 21, 2019, 05:39:55 AM
Just remember owning 50 to 500 coins back in 2009 to 2012 was not a big accomplishment back then and people thought nothing of spending say 50 coins on t-shirts and whatever was sold back then. Lazlo's Pizza is a good example of that, so it only becomes relevant if those people bought those coins back then and hoarded it until after 2017.
I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins.
I bet ya, Gavin can kick himself for paying between 1 and 5 coins per hour via his faucet back then, but looking back at it, it might not have gained the same traction if he did not distribute those coins.
July 21, 2019, 05:27:33 AM
I certainly haven't held that many and probably won't in future as price is going to rise significantly. You won't get any accurate answer to this, People don't want to reveal how much they're hodling for the obvious reasons. However, Bitcoin blockchain is an open book, You could write a script that would scrape data and give you some answers..
July 21, 2019, 01:27:33 AM
I am pretty sure if you bought 100 BTC at $1/BTC you would of most likely sold half of it at $2/BTC and the rest at $5-$20/BTC. Pretty sure this is how the majority of the sales took place.
There is a small percentage of people who are still holding in the $1-$20BTC area but they probably already took profits along the way. And some people like Roger Ver, ran a business and accepted BTC and had loads of it and only sold small amounts as the price kept rising exponentially.
There is a small percentage of people who are still holding in the $1-$20BTC area but they probably already took profits along the way. And some people like Roger Ver, ran a business and accepted BTC and had loads of it and only sold small amounts as the price kept rising exponentially.
July 21, 2019, 12:13:46 AM
we certainly cannot know how much someone holds bitcoin. of course it's very secret, only a few people dare to express it.
but in my opinion there aren't many people who hold a lot of bitcoin. millionaire millionaires are very afraid to invest in bitcoin because the price of bitcoin is not stable. maybe even if there is, I think it's an investor who bought a lot of bitcoin a few years ago when the price of bitcoin was very low.
to know for sure I think nobody knows.
but in my opinion there aren't many people who hold a lot of bitcoin. millionaire millionaires are very afraid to invest in bitcoin because the price of bitcoin is not stable. maybe even if there is, I think it's an investor who bought a lot of bitcoin a few years ago when the price of bitcoin was very low.
to know for sure I think nobody knows.
July 21, 2019, 12:01:52 AM
But there were lot of ppl that treated bitcoin like it was nothing right? Like they would send 100 or 1000 bitcoins to others without thinking much of it?
July 09, 2019, 05:29:32 PM
Well what about those from a long time ago when btc was around 10 dollars and less? Or when it was 1 dollar? Surely ppl had like 500 plus or more when it was 1 dollar or less and didn't treat it like its worth anything?
July 04, 2019, 09:57:21 PM
Back then, was many ppl with like 50 or 100 btc or even 1000 btc basically treating it like nothing when it was worth like 10 cents a coin? For example i read about ppl who would gamble btc at online casino etc with 100s of btc like it was nothing. WAs there a lot of that back then? Because if btc was 1 dollar, then its only worth 1k... if there is 1000 bitcoin.
there wasn't that many places to gamble bitcoin back when price was less than $1 and those that were around weren't that popular to attract that many users. not to mention that gambling isn't something that everyone does.
apart from that, there is certain anonymity about bitcoin which makes it impossible to know how many people were doing what with their coins and how much they owned.
July 04, 2019, 09:47:08 PM
Back then, was many ppl with like 50 or 100 btc or even 1000 btc basically treating it like nothing when it was worth like 10 cents a coin? For example i read about ppl who would gamble btc at online casino etc with 100s of btc like it was nothing. WAs there a lot of that back then? Because if btc was 1 dollar, then its only worth 1k... if there is 1000 bitcoin.
February 14, 2019, 04:39:56 PM
There's certainly an upper limit due to the limited amount of bitcoins, but since pretty much every person is in possession of more than one public key it's hard to determine just by looking at the blockchain.
But a few years ago with only 10MM bitcoins mined, when Roger Ver owned 300k, Satoshi owned 1MM, Winkelvoss twins owned 1MM, Jed Mccaleb owned 250k, Erik Voorhees owned 100k, Gavin Andresen probably owned a lot as well... - there was probably room for no more than a few thousand owners of 100 BTC.
But a few years ago with only 10MM bitcoins mined, when Roger Ver owned 300k, Satoshi owned 1MM, Winkelvoss twins owned 1MM, Jed Mccaleb owned 250k, Erik Voorhees owned 100k, Gavin Andresen probably owned a lot as well... - there was probably room for no more than a few thousand owners of 100 BTC.
February 14, 2019, 03:16:38 PM
I think everyone who on the forum has the rank of a legend by far have 100 bitcoins on your account).It is difficult of course to know the exact number of holders, but I have never had even 10 bitcoins on the account.
February 14, 2019, 01:19:10 PM
The simplest answer is there is no way to know for sure. 
I agree with you, no one knows for sure about that but what is certain is that the large number of bitcoin holders is currently getting smaller because many of them sell it in 2017 and maybe right now they are still selling with disappointment. February 14, 2019, 06:50:39 AM
Obviously there no platform or people who did a system in looking for this kind of instances but actually I think there is a way but you must do it manually, look at the transaction from the genesis block up to the block that satisfies your question so with this you can see each transferred Bitcoin amount, it's doable but close to impossible 
.
. February 14, 2019, 06:38:32 AM
the answer is, you can't know that for sure, but if you have time like infinity and all the addresses, you can check them manually and sum up, lol.
February 14, 2019, 06:36:20 AM
In time when BTC was born and very easy to mine with 50BTC per block, it was not too many people involved in mining or trading. If we look at today's research in terms of how many people are today participates in cryptocurrency, estimates say it is from 0.5% to 1% of world population. Given the present situation we can conclude that this percentage was far smaller in the first years of BTC existence.
According to my free judgment, it may be a few thousand people who have 50 or 100 BTC at one point, taking into account that some people mine hundreds of thousands coins at the very beginning. Today is not easy for most people to get even one whole coin because price is to high, and people who have thousands BTC use every favorable situation to buy even more.
According to my free judgment, it may be a few thousand people who have 50 or 100 BTC at one point, taking into account that some people mine hundreds of thousands coins at the very beginning. Today is not easy for most people to get even one whole coin because price is to high, and people who have thousands BTC use every favorable situation to buy even more.
February 14, 2019, 05:39:21 AM
The thing is, it will be a impossible task to determine that, because you do not know if someone has split their coins into say 20 different addresses with 2 or 3 coins each. It might have been easier to determine that, if there were no mixing of coins being done, but after the introduction of mixer services, this all became impossible to trace. 
A lot of these old bitcoiners also used services that are closed down now, so you will never be able to trace that back to a specific individual.
It might have been easier to determine that, if there were no mixing of coins being done, but after the introduction of mixer services, this all became impossible to trace. A lot of these old bitcoiners also used services that are closed down now, so you will never be able to trace that back to a specific individual.
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