Topic: Interesting fact about BTC - page 2. (Read 517 times)

If one thousand legal entities or individuals own almost 35 percent of all produced bitcoins, this should indicate that these rather influential people will see to it that bitkoyn is recognized by the community and has a high rate. This is generally not bad. But why did you need the FBI bitmakers? They generally carry out various kinds of operations, including semi-illegal and illegal, and may and will in such cases need calculations with individuals whose contacts they would not like to disclose.

The news you have put are quite interesting but sorry to say don't look like any authentic one. Especially the FBI stuff, why will FBI need to buy bitcoin? Also the #3, where did you get this news? What were the sources of these news?
Secondly what OP is trying to say by posting it? Is it some kind of a grey area identification?

Around 4 million btc have been lost forever due to losing private keys or long term hodling or maybe even due to transaction fees. This implies that 1/4th of total mined supply is lost which implies the reason why bitcoins price is really booming a lot. According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one. Those numbers imply 17% to 23% of existing bitcoins, which are today worth around $8,500 each, are lost.
 

Why 3 is a fact? Why do you think it won't be used? How to make this assumption.
Number 2 is quite an interesting fact, how did one finds out about such a fact?

I wish to be have an address in the Top 1000 one day

I'm with some others in the thread in that I question the validity of these claims and statistics, do you have any sources for this material or is it just something you've heard? Although I have heard that an extremely large number of early bitcoins mined and addressees used were not taken very good care of and got lost in the abyss. Many were lost during tests of security, integrity and many were lost to just plain carelessness.

When you say "FBI" are you talking about the individuals that make up the FBI or do you mean the government entity itself has an address or multiple addresses under it's control? If this is the case do you happen to know why that is? Are they simply interested in the technology, or do they have motives beyond that?

I'm also going to assume when you say "never been used" you are referring to have never been moved since being mined, or am I naive to think that is the criteria? Please explain if i am mistaken, because I believe that whatever definition is labeled on "never being used" could simply be explained by "HODL"ers or something similar that just happens to be very prevalent among our community.

Last thing, does "top 1000" addresses mean the address with the highest amount of bitcoin going in/out within a given period, or does it just mean the addresses with the highest quantity of bitcoin in them currently? I'm just trying to get a more firm grasp on what you are presenting here, and it's really difficult without a citation, sources or some explanation/definition of these terms... I may be ignorant, so let me know if I've missed the memo where these were defined officially. Without that though it reallly is hard to do any sort of analyses or conversation on this, so unless you're just trying to spout off random facts then clue me in, please!

Wow for the things which you have mentioned here are new in the first place! I can't imagine how the money is concentrated in the 1K Bitcoin addresses, I'm sure that these might be the oldest one who kept the bitcoin as it is and never sold it. Over the time they might have gotten costly anyway. FBI seems to me very rich and who knows they might be taking little satoshi out of it. Haha. !
How do you got the estimate of unused 64% of BTC. I mean there is already 16 ml + coins in circulation and how you can be sure about unused coins. There has to be all of them in use otherwise how could we have so much market cap. You getting what is I want to ask?

Bitcoin is a virtual currency that is very phenomenal where today if you already have one bitcoin can buy directly home and others.

No one single entity can control this kind of currency
There's a finite number of Bitcoin
Bitcoin have no inherent or set value
You can see all your transaction
You can mine Bitcoin
You cannot reverse transaction or be forced to pay
You can send money with no high fees
If you loose your Bitcoin address you can never retrieve you Bitcoin
You can buy things thru Bitcoin.

The things you share about Bitcoin are interesting, it gives me some useful information. That's 64% Bitcoin never used, it's a huge number, so many people have lost it or it will never be found. Besides, when I heard that 1.5% of Bitcoin belonged to the FBI, I was quite surprised. Because of its anonymity, anyone can use Bitcoin and even the police.

Bitcoin is the unique identity in crypto market. Bitcoin is high market cap, high volume in cryptocurrency. This is  one of the most trusted cryptocurrency. I think many interesting facts are available in Bitcoin. This is seeds of many cryptocurrency and no one should control this coin. Because this is one of the decentralised cryptocurrency.

I don't have such very interesting trivia about Bitcoin as these. All these are really surprising. But it would be a lot better if you have also included in here your sources of these information. The third one I already have a clue because I have read that more than half of the Bitcoin supply are either lost or have already forgotten for good. But the first and second is really a very interesting information about Bitcoin.

this is a classic FUD topic my friend.
he is giving a "big number" with a "big name" to create panic. and he uses the word "owns" as if they have bought that much to control. government agencies are not known to invest in assets!
they may seize some from criminals and hold it until court rules about it and then auction it but this is not  called "owning bitcoin".

and until he provides a source for his numbers, i call bullshit on all of them.

1. The first Bitcoin purchase was for pizza.
2. The inventor of Bitcoin is a mystery.
3. Bitcoin is untraceable & Bitcoin is NOT untraceable.
4. If you lose your Bitcoin private key, you lose your bitcoins.
5. Bitcoins don’t grow on trees.

Wow, this amount is huge; 21,000,000 x 0,015 = 315000 btc = 6111 million dollars at the current rate, incredible.

When you realize that this amount of money has been made just for doing a few seizes, it really desmotivates me about how easy they got that amount of money.

 
How are you so sure about this? That is more than a half of all the bitcoins who are /will be in circulation forever.

So it means that if 100 people control 30% of bitcoin.

It really is 30% of the 36% am i right or not?

where did you get the news. you should include the source in writing.

I would like the pizza guy that bought his pizza with 10,000 Bitcoin, can you imagine if you are the owner of that pizza parlor, and to add this up a family that has sold their house and all that they have and convert it to bitcoin then live on a forest the primitive way of living in one of the article that I red, I really think of outrageous facts that is about bitcoin and you can sure find it all in the internet.

where you know 1.5% of bitcoin circulation holding by FBI ? any source fact or news?
i know FBI holding bitcoin from catching some fraudsters/scamer, but i dont know the more detail about it.

Where do you get that facts from? I' m sorry but I, myself did not find that interesting. But let me tell you what facts that amazed me day by day. It' s price. Are there anyone here who does not find it interesting? It is mainly the reason why people are here, its growing price.

For 1 he said top 1000 addresses, not top 100.

You forgot a factor 10. The average for top 1000 is thus 5,740, not 57,401

How are you getting all those statistics? If you could give us a source for all those facts that you gathered then this would be really helpful, thanks.