How people can have so much BTC in their wallet?

senyorito123

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Quote from: FasTroy on February 11, 2017, 10:14:42 AM

Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

It's normal, some people have a lot of bitcoins as you said 20 btc or more in their wallets. 70% or maybe more of them, who bought coins when bitcoin price is still too low, under 10$ or 20$. So they save them until now. or their is other who scams, for exemple in Mining sites and they claim a lot of bitcoins.

nope i don't think the people who bought bitcoins for the past 10$ to 20$ are still holding their bitcoins for now since i believe that they sold it already and earned millions of dollars with it, but what i think is the people who have that is business minded,traders nor people who do special service online and they do earning for more with their bitcoin ventures.

angaper

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These days, when the price of bitcoin is above the $1000 mark is really difficult for newcomers to see their wallets with huge amounts of bitcoins unless they have enough capital to invest huge. But most bitcoiners with great wallets have been early adopters or have been fortunate in trading, businesses or gambling, in my opinion.

fitty

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Quote from: rvbtccom on February 11, 2017, 06:15:03 PM

Hello, bitcoin wallet now is more and better then an bank account because there is no monthly and high fees there is limits in the wallet
so people choose bitcoin wallet as an account to storage big amount of money as anonymous
and other people have many btc because investisment ib bitcoin
also mining bitcoin is very profitable
and there is other people how play in gambling with big amount of btc
others prefer trading forex with bitcoin
all this people use bitcoin wallet so have so much btc and ful wallets

Well I believe yes. Bitcoin is better than banks. It is because of the fluctuation of Bitcoins Price which make them profit from their money. Unlike banks, they are only providing like 2.5-3% interest ANNUALLY. And yeah, they are storing bitcoin in their wallet since they have an investment in bitcoin community such as trading and etc. In terms of Gambling. Some people have 10-50 BTC capital in Gambling. They are those persons who are always seen in the HR Tab. Well I think those are the rich ones, I can't afford to loose like 1BTC just in Gambling Grin

rvbtccom

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Hello, bitcoin wallet now is more and better then an bank account because there is no monthly and high fees there is limits in the wallet
so people choose bitcoin wallet as an account to storage big amount of money as anonymous
and other people have many btc because investisment ib bitcoin
also mining bitcoin is very profitable
and there is other people how play in gambling with big amount of btc
others prefer trading forex with bitcoin
all this people use bitcoin wallet so have so much btc and ful wallets

tyz

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Bitcoin was never worth 1400 euros. Maximal value in Euros was around 1050.

Quote from: Larvas on February 04, 2017, 06:04:23 AM

I still know a couple of people who didn't sell their "old bitcoins" in the last bump which went with around 1400 eur per bitcoin, so they are still keeping 100+ bitcoins just as a security, they don't have to pay taxes on them, they don't need the money and they are slowly spending it.

I would personally sell that amount next time it reaches 1000+ eur, but overall I would do the same, just keep it until it makes sense to sell it.

@OP: 10-30 Bitcoins is actually not much, it is between 10-30k USD. This is the price of an average car. There are also many account with 1000+ Bitcoins and the most of them were early adopters. There was a time when you could easily mine blocks with your average-joe computer rewarded with 50 Bitcoins each. Also, there were times where you could get 10-20 Bitcoins for each faucet request. This is no longer imaginable today, but this was at times when Bitcoin was only worth a few pennies.

Diced90

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

Most likely these people are among the few that believed in Satoshi`s project and invested in bitcoins and today are holding fat wallets!
That's why its good to try and invest in promising cryptos and maybe you can be like those people

zend7

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Usually single persons with big amount of bitcoins are early adopters, consistent investors (that started early by buying every week or month for some years), people who join forces(2-3 friends buy a mining rig with 5-6 GPU-s) and use that mining rig to generate altcoins and converting them to bitcoin through exchanges like Poloniex.

Wallets with a true notable big amount are businesses, casinos, mixers etc.

virusasog

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Quote from: Kemarit on February 11, 2017, 09:04:16 AM

Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

Maybe the one you saw in the gambling site with 10+ bitcoin won the jackpot or something.

There's one guy who won 11K bitcoins on a bitcoin gambling site. Check the URL below.

https://www.cryptocoinsnews.com/biggest-winners-losers-bitcoin-gambling/

So it's possible for you to earn more bitcoin. But how to earn it is a different way.
If you are in gambling, risk are high but not impossible.

In gambling you cannot able to give sureity that address have the same amount on tomorrow. So I wish to know addresses contains to huge volume of bitcoins. Please find the below link.
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

d@nte

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Sometimes these Bitcoins belong to the hot wallets of the casinos, or it could be that someone actually decided to put that amount of money into it, since there are people with large amounts of Bitcoin who enjoy playing on these websites. In such a case, such bitcoins may be only a small portion of the owner's holdings.

FasTroy

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

It's normal, some people have a lot of bitcoins as you said 20 btc or more in their wallets. 70% or maybe more of them, who bought coins when bitcoin price is still too low, under 10$ or 20$. So they save them until now. or their is other who scams, for exemple in Mining sites and they claim a lot of bitcoins.

Kemarit

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

Maybe the one you saw in the gambling site with 10+ bitcoin won the jackpot or something.

There's one guy who won 11K bitcoins on a bitcoin gambling site. Check the URL below.

https://www.cryptocoinsnews.com/biggest-winners-losers-bitcoin-gambling/

So it's possible for you to earn more bitcoin. But how to earn it is a different way.
If you are in gambling, risk are high but not impossible.

Barbut

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Quote from: bravehearth0319 on February 08, 2017, 03:07:12 AM

Quote from: ImHash on February 03, 2017, 08:35:50 AM

They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.

I already have Bitcoin core in my laptop, but buying antminer S9 was too expensive, although I believe I can earn much, much bitcoin of it. Actually, it is my friend suggested me to saved some bitcoin and buy some mining rigs, which is I'm saving some bitcoins in my wallet storage for that things.

Buying miners is investing not saving, you are of topic here. Not just that, mining have other expenses too and it's full time job. You need to check rigs, and after some time to change them when difficult is higher, follow prices, watch electricity spending. And I'm sure there is other things I didn't remember to mention, anyway you are not talking about saving that is for sure.

bravehearth0319

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Quote from: ImHash on February 03, 2017, 08:35:50 AM

They are magicians, they can use magic spells to have as many bitcoins as they want, you can do it as well, I'll give you the ingredients:
Bitcoin core wallet installed, or you can register in a mining pool.
Buy a few antminer S9, plug them in and start mining.

I already have Bitcoin core in my laptop, but buying antminer S9 was too expensive, although I believe I can earn much, much bitcoin of it. Actually, it is my friend suggested me to saved some bitcoin and buy some mining rigs, which is I'm saving some bitcoins in my wallet storage for that things.

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

They just bought their bitcoin so that they have so many bitcoin and most of the people who has a large quantity of bitcoin are a users of bitcoin since the earlier years . I think some people who are claiming that have such amount are just teasing you but in reality they just have a few in their wallet Grin

I doubt that there's someone who have won a huge amount from gambling but it might be possible .

lusinda

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Quote from: cissrawk on February 06, 2017, 08:09:47 AM

well, that so much for me, i can buy a motorbike (second) with 1 btc in this country xD.

I am eating faucet and still doesnt get 0.002 BTC for 2 months, that why i am curious. But maybe so much people do trading and mining from their miner or cloud miner...

hope i will get more than 1 bitcoin asap Grin

If you want bigger amount just stop wasting time on faucets. You will never earn 10+ bitcoin from it.
It is better to start earning bitcoin with your skills. Check Services section of this forum or join signature campaign and you will get your desired 1 bitcoin faster.

senyorito123

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Quote from: starboyshuvo on February 07, 2017, 02:54:31 PM

Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

because they have money ! simple

not only on having a lot if money and also its because they doing great hardwork to earn it, i actually a lot of people having it by doing some multitask jobs and doin it everyday repeatedly and earning good with their sweat and patience.

You could try to research also for various jobs out here so that you may try to earn on those.

starboyshuvo

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

because they have money ! simple

agustina2

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

Well, i so curious how can people have so much BTC in their wallet.

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Sorry for this, i want have a lot bitcoin so i want to ask this as newbie . Thank you.

*sorry if my english is bad.

It came from various method. It's like asking "how can people have so much money in their wallet". Others buy it, others able to won it from doing gambling, others work for it with bitcoin as payment and many more.

Quote from: cissrawk on February 07, 2017, 09:10:26 AM

wow so much answer in here! I got a lot of your answer guys and mostly people say from trading (buy bitcoin on low and sell it on high)

Yeah mostly it was but remember that try to learn trading before doing that. Most people can easily say that buy bitcoin at low price and sell it on high but in actual they are not doing it well and mostly the stats of loss are dominant against the wins.

upsidedown75

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Quote from: cissrawk on February 03, 2017, 05:20:38 AM

I saw on gambling website if they have 10+ BTC, and i found people who say he have 30+ BTC in their wallet.
So how people can have BTC so much? are they buy some bitcoin and invest it or win from gambling with or without do deposit?

Well it is the same way people make real world money. You don’t have to be an earlyadopter (tough it wouldhelp a lot), you see many rich people outside of bitcoin World, how did they got rich? It is most of the times same way for bitcoin as well. There are even bitcoin “middle incomers” around who make more money by providing their talents like designing and coding.

cissrawk

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wow so much answer in here! I got a lot of your answer guys and mostly people say from trading (buy bitcoin on low and sell it on high)

thank you guys!

Sorry for my answer and my english, i am newbie and need some help and thank you so much!

Thanks for answering newbie like me ...

Topic: How people can have so much BTC in their wallet? (Read 2460 times)