Topic: Increasing Number, Who Own 1 bitcoin (Read 1582 times)
Since one person can have multiple Bitcoin addresses, and, at the same time, one single address can hold accumulated possessions of many people, I can't imagine how is it possible to estimate the number of Bitcoin holders, let alone to determine the exact number of them. What am I missing here?
that's a good sign, bitcoin will be stronger if more people hold it than it is controlled by a handful of people, in my opinion getting 1 btc is not too difficult for those who have skills, I am sure in this forum many people can get btc easily, the difficult thing is to hold it for a long time.
^ I am not sure what you are saying, I am probably the unlucky person because it is very difficult to be able to generate 1 Bitcoin while here even though I have participated in many campaigns. very jealous of those who are able to generate 1 Bitcoin from here.Actually, there are a lot of ways to get a bitcoin from here, not directly but also because there are a lot of investors and traders that share their strategies and systems here in the forum. You can pick a lot from here especially in this times where the bitcoin is so high. From that, you should also conclude that you doesn't just need to earn, you also need to risk some to get higher profit. If that does well for you, you will be able that 1 bitcoin in the right time.
that's a good sign, bitcoin will be stronger if more people hold it than it is controlled by a handful of people, in my opinion getting 1 btc is not too difficult for those who have skills, I am sure in this forum many people can get btc easily, the difficult thing is to hold it for a long time.
^ I am not sure what you are saying, I am probably the unlucky person because it is very difficult to be able to generate 1 Bitcoin while here even though I have participated in many campaigns. very jealous of those who are able to generate 1 Bitcoin from here.
that's a good sign, bitcoin will be stronger if more people hold it than it is controlled by a handful of people, in my opinion getting 1 btc is not too difficult for those who have skills, I am sure in this forum many people can get btc easily, the difficult thing is to hold it for a long time.
^ I am not sure what you are saying, I am probably the unlucky person because it is very difficult to be able to generate 1 Bitcoin while here even though I have participated in many campaigns. very jealous of those who are able to generate 1 Bitcoin from here. hero member
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I had a few bitcoin sold it long ago, Only If I knew it will hit 24k, I would certainly hold, however, there are lots of regrets but that's how trading goes. In the meantime, I know deep down that the bitcoin price will go down and will have the opportunity to have bitcoin in near future. So waiting for the dip to buy again =)
You do not need to regret what we have done before because we still have a chance to make 1 bitcoin. We need to believe that we can do that, and we can try to work hard to make it happen before bitcoin price increase so high. Bitcoin price will go down and up again in the future because that is what will happen to bitcoin. The number of people who own 1 bitcoin will be increased in the next new ATH, and we have that chance to be one of the people who own 1 bitcoin.
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For me, this is great news since bitcoin is influencing a lot of users, as the number increases meaning the community is already getting bigger surely when a lot of people invested in bitcoin it could easily increases the market price of the bitcoin because of the supply and demand thing.
Perhaps we could easily infer the idea that as the number of bitcoin holders "with 1 or more bitcoin in their wallet" - means increased number of people invested in bitcoin. However, if we based the data on coinmarketcap (Bitcoin Analytics: Holding Concentration)
Coinmarketcap:
Clearly, the number showed that more holders were obviously coming from institutions.
According, also on this data from Bitcointreasuries which stated the number of institutions and percentage of bitcoin holdings in their portfolio. In other words, institutions to name few like Grayscale, Block.one, MicroStrategy and etc., are already accumulating.
MOREOVER, this information above showed that although retail investors are flooding the market, 11% increased means that institutions are entering the market. Surely, people investing are not natural person but businesses. The question is, isn`t the best that they are pioneering the market? And my answer is, it depends.
I had a few bitcoin sold it long ago, Only If I knew it will hit 24k, I would certainly hold, however, there are lots of regrets but that's how trading goes. In the meantime, I know deep down that the bitcoin price will go down and will have the opportunity to have bitcoin in near future. So waiting for the dip to buy again =)
I think this is often an honest sign and until new individuals inherit the crypto network. within the event that there's where we'll envision having on the brink of 10 BTC then we will say that we've embraced a standard one and afterward we will see the purchasing/selling age through Bitcoin. we'd like more individuals immediately and therefore the volume is expanding which is again a fantastic sign to urge half.
I think this is an honest sign and as long as new people are coming to the crypto network. If this happens most often where we would imagine that there is no 1 BTC then we will say that we have achieved a large allocation but we will see the purchase time through Bitcoin. We need more people in it right now. That's a great goal. 
This is good news for the development of bitcoin, in my opinion to produce 1 bitcoin is not easy for those of us who rely on
income from this forum. It takes a long time if we generate bitcoin from bounties, signature campaigns, faucets, airdrops, etc.
Because 1 bitcoin is a large amount in my opinion, it can be obtained from trading that must be with a large capital. So, the
conclusion only investors who are able to produce bitcoin quickly, the number of people who have 1 bitcoin increases means
that many investors buy bitcoin.
income from this forum. It takes a long time if we generate bitcoin from bounties, signature campaigns, faucets, airdrops, etc.
Because 1 bitcoin is a large amount in my opinion, it can be obtained from trading that must be with a large capital. So, the
conclusion only investors who are able to produce bitcoin quickly, the number of people who have 1 bitcoin increases means
that many investors buy bitcoin.
If only the number of single addresses would represent actual users of Bitcoin.
The number of total addresses keeps growing and it will continue to grow because this is how BItcoin works. The number of addresses containing 1 bitcoin may also grow but does that mean more people enter the market? Probably not because a single wallet can contain many addresses and 1 user can have many wallets.
Are those addresses a representation of redistribution of wealth. Maybe or maybe not. Some of them probably are because it's natural for old whales to be cashing out. Nobody is going to hold an investment for 10 years without cashing out at least some of the profits.
The number of total addresses keeps growing and it will continue to grow because this is how BItcoin works. The number of addresses containing 1 bitcoin may also grow but does that mean more people enter the market? Probably not because a single wallet can contain many addresses and 1 user can have many wallets.
Are those addresses a representation of redistribution of wealth. Maybe or maybe not. Some of them probably are because it's natural for old whales to be cashing out. Nobody is going to hold an investment for 10 years without cashing out at least some of the profits.
Update Here:
New ATH Again with a total of 797,123.000 Addresses.
Surprise? Even the market is experiencing a big dump, maybe we could expect a big fall off here but surprisingly not.
Source Here
New ATH Again with a total of 797,123.000 Addresses.
Surprise? Even the market is experiencing a big dump, maybe we could expect a big fall off here but surprisingly not.
Source Here
It is excellent information that the development of Bitcoin looks very real. Bitcoin continues to evolve because nowadays many people are interested in the advantages of Bitcoin.
Investors look very easy to get 1 Bitcoin because they have money. So with the money that investors have can buy Bitcoin directly.
However, as a bounty hunter who generates 1 Bitcoin is of course very difficult. In addition, many Bounty projects have failed or cheated.
Investors look very easy to get 1 Bitcoin because they have money. So with the money that investors have can buy Bitcoin directly.
However, as a bounty hunter who generates 1 Bitcoin is of course very difficult. In addition, many Bounty projects have failed or cheated.
At this moment, it is no longer surprising that more people are owning a bitcoin or more because its market value is now much lower compared from its price years ago wherein one would be lucky if he would atleast have one in his wallet. Now that the market price again dipped, this is a good opportunity for you to have your own, to be held for a period of time until the market price again recover and maybe, reach another all time high. It is not required to invest in a sudden to one Bitcoin, but atleast invest an amount if you are really aiming for profit. We are talking about Bitcoin, which have proven itself with its capability to recover from downfall in its market value.
At this time it is very natural to see the numbers of btc holders increasing, the price is very cheap ones again for those who can afford to buy a whole btc to do so, unfortunately I can't afford to buy 1btc to be among the people but I can some part of it now that the price is very low,
This is good opportunity, people should take advantage if they can afford it not be sad, price will go up again.
Yes and I believe as any price drop happens which is caused by big holders divesting, this actually happens for the good in long term and those bitcoins are then gobbled up various small investors and more the participants better the liquidity and stronger the price walls.This is good opportunity, people should take advantage if they can afford it not be sad, price will go up again.
I think there are still lots of big holders and once almost all of them have sold their coins that would be a perfect scenario because then the price swings will be minimal since there will be no one who can manipulate the market alone and there will be some trust in bitcoins from big investors too because right now even a few guys can shake the whole market and investors while like price drop/increase but no one wants to see his portfolio going down by 20-30% every week.
bitcoin will drop to $3k
We have felt it, even if bitcoin fall to $1000 we will stay to support bitcoin and come back to stand. This decreasing price is really different with the previous crash. The privious decrease was caused by some country and many negatives case against bitcoin. But now it will be different, the decreasing price is caused by a corona virus which give an affect as well to another investment. This is pointed out that bitcoin is fine, there is no negative information which can make bitcoin price fall but it is just economic in global. 
This is all very good, but a report in which you could find out the number of people, and not addresses that have 1 BTC, would be as transparent as possible. Because whales can have 20 addresses of 5 BTC each, and this can distort statistics very much.
There are so many people out there who are owning more than 1 BTC in their wallets. It is still a good time to buy more bitcoins because it is bound to increase in future and it will more tough at that time to accumulate a whole bitcoin. Despite of that there are whales who hold hundres of bitcoins and once that comes into the market it will be more tougher for a person to accumulate a whole bitcoin after that. So this is the only good time to buy BTC.
I guess this is the reason why the number of people holding 1 BTC have increased.
I guess this is the reason why the number of people holding 1 BTC have increased.
I got my first mBTC sometime in 2012, and ever since that date I have created dozens of Bitcoin wallets. I have/had accounts with dozens of cryptocurrency wallets and they alone should number ~20-25. On top of that, I had created a dozen or so wallets in Blockchain.info, before moving my coins elsewhere. It is hard to calculate, but my guess is that I may have created close to 100 Bitcoin wallets. As of now, I am storing my BTC in around a dozen different wallets (including exchange wallets, online wallets, hardware wallets and paper wallets).
That is quite a lot number of wallets pretty much is really for security purpose but I think there are some people that have forgotten some of that wallets password or passphrase to have that kind of number of wallets, Well the number of wallets was surely necessary to increase not just because the demands are increasing but people are just tending for security by creating multiple accounts, and yes that would include cold storage wallets.
I got my first mBTC sometime in 2012, and ever since that date I have created dozens of Bitcoin wallets. I have/had accounts with dozens of cryptocurrency wallets and they alone should number ~20-25. On top of that, I had created a dozen or so wallets in Blockchain.info, before moving my coins elsewhere. It is hard to calculate, but my guess is that I may have created close to 100 Bitcoin wallets. As of now, I am storing my BTC in around a dozen different wallets (including exchange wallets, online wallets, hardware wallets and paper wallets).
Why not stick to that hardware wallet and stop creating more online wallets, and well just like you, I don't own a large amount of BTC as well and I have created multiple wallets as well but right now I am sticking to one wallet that I think have good security I can trust.
Speaking of wallets, this is my paperwallet address from bitaddress
1PAYMEJeKHRPXd9R5VSGXrLLGkyVDfshnU
Its payme lol! Imagine that!BTC
Edit: I do not expect anyone to solicit this to send btc there... I'm sharing for the glory of it
Interesting to revisit here after a crash
Some people are trying to achieve at least 1 whole BTC in this crash, and I'm included, I'll not reach 1 BTC very soon, but I'm trying and today was a great day to buy
The idea of having a entire BTC is awesome, let's see if the market goes down again, you'll se that this number of people will grow again
For sure the crash in the market price of bitcoin in the past days could be the reason why the addresses who own 1 bitcoin or above increases its new all-time high.Some people are trying to achieve at least 1 whole BTC in this crash, and I'm included, I'll not reach 1 BTC very soon, but I'm trying and today was a great day to buy
The idea of having a entire BTC is awesome, let's see if the market goes down again, you'll se that this number of people will grow again
The lower the market price of bitcoin the bigger the opportunity to invest in bitcoin and also the higher the profit that could make in the future.
Also, this kind of dump already happened a lot of times in the market of bitcoin so it is not really new to every investor, personally I don't think bitcoin could lose its value since a lot of investors is surely going to take the opportunity to reinvest in bitcoin.
Yes, sure, and another fact is the people who are buying now, are only people who already have BTC and it's used to, believing in the project no matter what
People with only prices in mind already sold or are selling afraid of lose more money
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