Topic: Increasing Number, Who Own 1 bitcoin - page 4. (Read 1555 times)
Increase in the number of people owning one bitcoin or more shows the interest of people towards bitcoin holding. Each and everyone who has been holding bitcoin have known about the real market growth of bitcoin. Rather than saving or investing try to hold bitcoin or trading has provided with the increased chances of profiting. Hope the number keeps growing over the years as calculated by Op.
I'm sure the statistics will increase in the next several months especially this year will happened halving for bitcoin so probably everybody expect to bull run which is most of people will attempts to buy more bitcoin and hold until halving date but i appreciate to those who have 1 btc and decide to hold it and not to sell their bitcoin because lately it's hard to earn 1 btc unless you're the traders with huge amount of money as your capital
I don't think this means more people is holding 1 bitcoin... The same guy can hold different bitcoin addys with more than 1 btc, and that's a good security practice. Maybe there is more people holding 1 btc, but not as many as the graph shows.
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.
This is pretty surprising actually.
You might expect there to be fewer whole BTC owners when BTC is worth a lot, and more when BTC crashes.
However, if you look at the charts for the last 1 year, Bitcoin is actually worth 250% more than it was this time last year.
This means that as a whole, the total value the sums held by whole BTC owners increased by the same amount over this time period.
I wonder if this growth will continue even if BTC hits $80k+?
the price of btc is not continue increasing but it drops hard again sometimes. thats the reason why the number of owns big amount of bitcoins are still growing even if we are now advancing thru the years . the growth can continue but we must be happy for it because that only means that there are still people who have faith in hodling thier btc . that also means that the potential of price increase for btc is big
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.
This is pretty surprising actually.
You might expect there to be fewer whole BTC owners when BTC is worth a lot, and more when BTC crashes.
However, if you look at the charts for the last 1 year, Bitcoin is actually worth 250% more than it was this time last year.
This means that as a whole, the total value the sums held by whole BTC owners increased by the same amount over this time period.
I wonder if this growth will continue even if BTC hits $80k+?
I think its a good sign and as long as new people are coming into the crypto community. If there is a world where we can imagine of no one having more than 10 BTC then we may say that we have achieved a mass adoption and then we will see the age of Buy/sell through Bitcoin. We need more people into this right now and volume is increasing which is again a great sign near to the halving.
Agree since the number is increasing I think we could assume that bitcoin is going to increases its market price in the future.Well, I did not have doubt on this near in the future the demand will increase because of continues accumulating of bitcoin. Probably some rich people trying to be whales on crypto because they know that it is easy money as long you have a capital to play the crypto market, a sort of gambling that has a high risk. Indeed, they are not all investors, probably some of them have come from crypto exchanges that hold massive amount for their traders. But if I have 1 bitcoin I will not let sitting down on exchange because I know that they are not capable of holding our crypto asset.
I think a lot of people is going to agree that the percent is going to increase in the coming years for sure this 11 % percentage is going to increases because of the bitcoin influence to a lot of countries for sure a lot of people is going to invests their money here in cryptocurrency as the demand increases because of the market price increase of bitcoin surely it is going to attract a lot of more investors.
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
Consider that people can own more than one address. Consider that is actually a very good practice, and has been recommended since the beginning to never reuse addresses, and also consider a whale might actually want to not look as such by splitting their funds (and maybe to better protect themselves).
The point is, number of addresses does not equate number of people. Whales can hide among fish by owning several addresses. Also I'm not sure about exchanges or mixers but they probably do something similar.
It is possible that the amount of people owning bitcoin has increased, but probably not in the same amount, ie. not 11%. If i had 100 bitcoin in an address, and decide to split it into 100 addresses, are there 99 more people owning 1 bitcoin? No.
Oh and those taxing rumors, that probably also stimulates people to spread their coins around, just saying...
I rather want to see that there is no single wallet holding greater or equal to1BTC so that we can say that we are really approaching mass adoption which the BTC main objective.
There will always wallet holding more than BTC1, for example; addresses that belong to satoshi or exchange's wallet.
Probably in 20 years later, fewer people hold more than BTC1 and more people adopt bitcoin, but I can't say bitcoin will ever be the main objective.
This is sign of holding which is good for the bitcoin price I think. The more 1 bitcoin holder increase, it will create scare and the price will be higher because we have limited bitcoin all time.
Agreed, I've always said that the market will determine bitcoin's real utility - as a currency or as an investment. It feels like bitcoin's best use is still as an investment. And this is fine, especially since there are so many other cryptocurrencies that could serve as a currency, best use for transaction due to its stable and modest value.
To the OP, statistics that you've cited are challenging to infer specific influences or conclusions from, particularly because it's so easy to create a bitcoin wallet, by anyone! So the increase in BTC wallets with at least 1 BTC could simply be an indication that "whales" are spreading their wealth around among multiple wallets so if any one wallet gets compromised they won't lose as much coin.
This could also mean that in the last 5 years it's been possible for people to acquire more Bitcoin...a good, but not alarming statistic at only 11% annually (or in the last year).
Listen, they're all positive signs...just tough to declare a single conclusion.
As this percentage increases yearly I think we could easily assume that bitcoin market price is going to pump in the coming years, this is a good sign so far. For sure in the coming years, this number could increase up to 30-40 percent since it is becoming easier to spread information using technology.
There are 784000 right now and I am sure many more will join this club in days to come. Increasing number of 1 bitcoin holders mean that people have started taking crypto seriously. Apart from increasing liquidity this will also help in reducing bitcoin price volatility.
This is a good thing if there is an increase in the use of bitcoin. Moreover, the bitcoin address with a lot of btc. This shows more and more interest in investing in Bitcoin. The public is aware that bitcoin can be used as a crypto business that can provide profits. Maybe because this year there will be halving bitcoin, so there is more demand so that the price of bitcoin goes up.
The less people owns one Bitcoin, the better for btc price. When BTC gets to $100,000. The number will reduce
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.
Source:
https://www.coindesk.com/retail-accumulation-number-of-bitcoin-addresses-with-one-or-more-coins-sees-solid-rise
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Glassnodes
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
i agree its really a good news because the supply is starting to be divided in a small amountSource:
https://www.coindesk.com/retail-accumulation-number-of-bitcoin-addresses-with-one-or-more-coins-sees-solid-rise
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Glassnodes
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
this is really a sign that many new investors start to own and hold bitcoin in their own wallet
It means that we are in the right path, and we are still positive that we are still doing great things for Bitcoin, that despite what happened from the past still it is constantly increasing in demand, it means that the value of it and mass adoption is positive, so it's all worth it in the end, hope it will continue until the end of the year.
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.
Source:
https://www.coindesk.com/retail-accumulation-number-of-bitcoin-addresses-with-one-or-more-coins-sees-solid-rise
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Glassnodes
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
i agree its really a good news because the supply is starting to be divided in a small amountSource:
https://www.coindesk.com/retail-accumulation-number-of-bitcoin-addresses-with-one-or-more-coins-sees-solid-rise
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Glassnodes
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.
In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.
What is your opinion about this? How does it affect bitcoin?
this is really a sign that many new investors start to own and hold bitcoin in their own wallet
It implies small investors are collecting and holding bitcoin as an investment for a long term. This is a much good news for the price of bitcoin as the more distributed it is, the less would the whales be able to manipulate it. And with the fragmentation of funds, lower volume hits the exchanges on low price.
Well, I did not have doubt on this near in the future the demand will increase because of continues accumulating of bitcoin. Probably some rich people trying to be whales on crypto because they know that it is easy money as long you have a capital to play the crypto market, a sort of gambling that has a high risk. Indeed, they are not all investors, probably some of them have come from crypto exchanges that hold massive amount for their traders. But if I have 1 bitcoin I will not let sitting down on exchange because I know that they are not capable of holding our crypto asset.
Most of them are investor and I will agree with you, but I just thinking that there is some user especially the user of this forum who had know bitcoin before 2015 ago then I think they are collected as much as bitcoin at that time and hold them until now. Even, most people who have a lot of bitcoin right now are the user of this forum as well.
Since only this forum which still active and being used as a place to give a knowledge about bitcoin by bitcoin user. Don't you thinking, if you see the tittle of this forum namely 'donator' they will have a lot of bitcoin on their wallet. To get the tittle donator you should give 50 BTC for this forum and how can you imagine they just give 50BTC for this forum?
Since only this forum which still active and being used as a place to give a knowledge about bitcoin by bitcoin user. Don't you thinking, if you see the tittle of this forum namely 'donator' they will have a lot of bitcoin on their wallet. To get the tittle donator you should give 50 BTC for this forum and how can you imagine they just give 50BTC for this forum?
That's really good news to hear that people who own 1 bitcoin in their address are increased. It means that the community is getting bigger by time and maybe we'll see more people own more than 1 bitcoin by the end of this year, which it's sure. I hope that bitcoin's price will increase as well and we'll have more profit for this year. It's really good stats OP, keep enlighten us with good news.
Optimist I will have above 30 bitcoin in my wallet as my investment assets at the future because bitcoin become the best solution way for investing, with many people have own 1 bitcoin each their address I can follow their way by have many bitcoin in my address in the next time, not impossible for me raise more than 20 bitcoin at this year. 
That's really good news to hear that people who own 1 bitcoin in their address are increased. It means that the community is getting bigger by time and maybe we'll see more people own more than 1 bitcoin by the end of this year, which it's sure. I hope that bitcoin's price will increase as well and we'll have more profit for this year. It's really good stats OP, keep enlighten us with good news.
It’s good to have Bitcoins spread out to more people rather than a few that are hoarding all the Bitcoins. However it is difficult to know how many people those accounts belong to. Some people may have multiple addresses with Bitcoins in them.
Jump to: