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Topic: Jeff Garzik's Bitcoin Balance Revealed - page 4. (Read 7018 times)

legendary
Activity: 812
Merit: 1002
June 22, 2014, 12:57:36 AM
#44
It's gotta be 348,000 btc, because 348btc is chump change amongst the big names, that's nothing to brag about. For being a core developer, those days you can get hundreds to thousands of btcs per day back when only a handful of people were mining/testing the technology. Why do you think pizza was 10,000 btc back then?
sr. member
Activity: 381
Merit: 250
June 22, 2014, 12:40:13 AM
#43
Maybe it means he has converted most his coins into Fiat in preparation of a significant price drop he believes is coming, so he can get more coins during the next dip.
full member
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
June 21, 2014, 10:58:52 PM
#42
Wouldnt exactly call 348 bitcoins small potatoes!  Way to go Jeff!  In time maybe he'll be able to afford putting his very own custom satellites up in orbit.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
June 21, 2014, 10:57:27 PM
#41
Considering that Jesus Christ was sold at a price of 30 peices of silver, Jeff have a much better standing than Jesus Grin Grin

Architectures made the world and bankers bought it all, hope that bitcoin will change this
hero member
Activity: 490
Merit: 500
June 21, 2014, 10:21:17 PM
#40
348 coins could still end up being worth millions in time
Still not very much considering who he is, if true that is
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
June 21, 2014, 10:08:38 PM
#39
Thats really surprising since he got one of the first Avalon units... mine have mined around that and I got them later than he did.


Hope he likes chip simulators like ...

http://visual6502.org/JSSim/index.html

and music like

https://www.youtube.com/watch?v=9seZGfsfZM4 (yes I stoped uplink here ... even don't know where mu dev cd is - not opensource )
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
June 21, 2014, 10:07:21 PM
#38
He confirmed to me, it's 348 bitcoins.

https://twitter.com/jgarzik/status/480477929160208384

Damn, I was really thinking he got 348k  Shocked

Tell him to go store it at just-dice or something he has a way to go to 348 K Bitcoins but I like round numbers should go for 2 more haha

That said he still has a lot more than me less than I expected but 348*600 = 208,000
Enough to purchase a small house at least.
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
June 21, 2014, 09:49:57 PM
#37
How come there are people who use Bitcoin but don't know who Jeff Garzik is? Is it because they don't appreciate the technology part of it and only care about the user and business aspects of it? I guess he's been pretty low key on the forums lately, but his name is still all over the source code.

The culture is shifting and the history is being forgotten. I applaud Jeff for being very transparent regarding his holdings and reminding people that it takes real work by regular people to make Bitcoin grow into its potential.
legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
June 21, 2014, 09:45:08 PM
#36
check the source on github , you will see he has helped bitcion get where it is now

also i agree with the others , this must be his spare change wallet

 i would have guessed he holds a few hundred thou

Eh. Is he  really that special? Can't be if I've never heard of him.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
June 21, 2014, 09:39:22 PM
#35
Thats really surprising since he got one of the first Avalon units... mine have mined around that and I got them later than he did.
donator
Activity: 1617
Merit: 1012
June 21, 2014, 09:35:50 PM
#34
How come there are people who use Bitcoin but don't know who Jeff Garzik is? Is it because they don't appreciate the technology part of it and only care about the user and business aspects of it? I guess he's been pretty low key on the forums lately, but his name is still all over the source code.
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
June 21, 2014, 09:27:47 PM
#33
he is just saying 348 it really is 348,000 I know.

No he's not. He really means 2 less than 350...
legendary
Activity: 1330
Merit: 1000
Bitcoin
June 21, 2014, 09:26:07 PM
#32
he is just saying 348 it really is 348,000 I know.
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
June 21, 2014, 09:12:02 PM
#31
Jeff is dispelling the myth that everyone involved with Bitcoin development and all early miners are rich. He's not. I am an early miner (ie, laptop era mid 2010) and I'm basically of zero net worth (I have about as much bitcoins as I have med school loan debt). Not everyone who helped build the ecosystem was doing it just to get rich.

I mined in the naive hope that the project would succeed and maybe someday someone who can't open a bank account can keep savings safe without having to physically defend them. I've been there. It sucks (I'm not exactly well built). Was I rewarded handsomely for it? Yes. Am I rich? No.
hero member
Activity: 924
Merit: 1000
June 21, 2014, 06:49:10 PM
#30
Jeff Garzik recently twitted: "As such, I dare to do what few if any others do: My #bitcoin balance is 348.006 BTC."

https://twitter.com/jgarzik/status/480454809791635456



Thats probably his mac computers balance, lol. But, seriously, I bet a lot of big time early adopters sold the majority over the last couple years,  I know that I've sold enough  to make myself cry when I think about it. Still, there are hundreds, if not thousands of bitcoiners that did accumulate and held thru all the peaks and valleys.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
June 21, 2014, 06:42:15 PM
#29
Who is Jeff Garzik by the way ? Searched Google. There is no Wikipedia entry !!!

Jeff Garzik is one of Bitcoin’s core developers. He also worked on the Linux kernel and other things.
This is his homepage http://linux.yyz.us/projects.html  Smiley

so I guess ...

I can ask the importance of
Code:
diff
for him and bitcoin project



sr. member
Activity: 518
Merit: 250
June 21, 2014, 06:33:29 PM
#28
Who is Jeff Garzik by the way ? Searched Google. There is no Wikipedia entry !!!

Jeff Garzik is one of Bitcoin’s core developers. He also worked on the Linux kernel and other things.
This is his homepage http://linux.yyz.us/projects.html  Smiley
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
June 21, 2014, 06:18:40 PM
#27
now I just wondering how much can I count mentally without loose the focus ...
newbie
Activity: 33
Merit: 0
June 21, 2014, 06:13:58 PM
#26
Jeff Garzik recently twitted: "As such, I dare to do what few if any others do: My #bitcoin balance is 348.006 BTC."

https://twitter.com/jgarzik/status/480454809791635456


That's how much I have!  So long as I stop counting at 348.
hero member
Activity: 1492
Merit: 763
Life is a taxable event
June 21, 2014, 06:13:32 PM
#25
Surprisingly small amount.

If he holds for a while they may be worth a lot more however.

Definitely anyone with this kind of BTC is really blessed.
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