2012 price quotes were $200ish
2012 prices were from $2-12
Topic: Who has more than 50 BTC? (Read 2710 times)
2012 prices were from $2-12
50 BTC is a solid amount to attain. Think about it. That's the value of 1 original block reward. Many people should be investing their $15,000 in this way, but for people with that amount to invest it still seems risky. You think in 5 more years it will be worth less? 
Say what? 3 years ago in 2012 BTC was 5-10 bucks.
I would say having about 100-500 is good enough.
50 seems a bit low. If you were "rich" keep in mind. Reason I say this is because back in 2012 price quotes were $200ish, fast forward 3 years its still $200
of course, this is all still speculation, but if it hasnt moved much in 3 years then I expect it`ll be the same.
50 seems a bit low. If you were "rich" keep in mind. Reason I say this is because back in 2012 price quotes were $200ish, fast forward 3 years its still $200
of course, this is all still speculation, but if it hasnt moved much in 3 years then I expect it`ll be the same.
By doing just a few trades per month (only trading the larger moves) you could comfortably increase your bitcoin holdings.
For example selling near 300 would have been great. All it takes to increase your holdings is patience and discipline.
Even better idea, and what I have been doing, is trading to increase your USD holdings. This guarantees for more purchasing power in the real world.
Holding your coins forever in the hope that everyone else is going to push the price up for you is not the best idea. You're not in control of the situation at all.
But yea what do I know...
For example selling near 300 would have been great. All it takes to increase your holdings is patience and discipline.
Even better idea, and what I have been doing, is trading to increase your USD holdings. This guarantees for more purchasing power in the real world.
Holding your coins forever in the hope that everyone else is going to push the price up for you is not the best idea. You're not in control of the situation at all.
But yea what do I know...
Yeah but the problem for me is, after it happened it is easy to say "You should have selled near 300", "You should have selled on the peak" etc.
But when the last days, BTC was climbing, I watched at it and I see how fast it was growing. I saw the resistance at 300 but also knew that there was and still is a resistance at 340/350. So my thoughts were, BTC is going to break the 300 resistance (Bitfinex was at 303.96 at one time, so it DID breaked.. but only short :/ ) and will rebound at the 340/350 resistance.
So how you know things before they happen? How you know it will be the peak and not climbing further? I can't say this for sure, and I am really afraid of selling my Bitcoins when the price is climbing after that.
And to all the other people, I am happy to hear that I am in a good range with my 50 BTCs. I do even have some more, but only few..
So, there's about 23K addresses with > 50 BTC. You're in rare company.
And multiples of those addresses will belong to one person. Satoshi's blocks of 50 all went to separate addresses. I guess the same'll go for most early miners.
Buy we have no idea how many people hold those 23k addresses do we?
And we never will. Lots will be companies so that reduces the individual holder list even more.
And if the 1 million bitcoins that Satoshi has is accurate, that is 20,000 addresses with 50 bitcoins right there. ;-)
The old question remains whether Satoshi is still active and actually holds the keys to those addresses. It must suck for him to know that he can't touch them a single time because the market would go berserk immediately. On the other hand, I believe he holds coins that we simply can't trace back to *him*
So, there's about 23K addresses with > 50 BTC. You're in rare company.
And multiples of those addresses will belong to one person. Satoshi's blocks of 50 all went to separate addresses. I guess the same'll go for most early miners.
Buy we have no idea how many people hold those 23k addresses do we?
And we never will. Lots will be companies so that reduces the individual holder list even more.
And if the 1 million bitcoins that Satoshi has is accurate, that is 20,000 addresses with 50 bitcoins right there. ;-)
50 BTC? Man, I'll never have that kind of coins... That's really a big stash. Yeah, I know a lot of people have much more than that, but I think you're fine if you have maybe 2 or 3 coins and hold them safely for the future.
I'd personally couldn't have fiat in 50 bitcoins as i would see mysels checking the charts multiple times a day and dump wouldn't let me sleep for sure.
I check the charts multiple times a day, but as I am sure that BTC will stay here for long time I can sleep very good!
yo...have 52 BTC ....when my 2 knc titans turn into doorstops eventually (got a good deal on the 2nd one) counting LTC equiv to BTC (have not decided to hold the LTC of convert to BTC yet) the total amount should be 65 BTC more or less equiv with the LTC converted more or less in theory to BTC
soon the sweet release of death on my knc titans no roi no refund home miners when they are eventually not worth mining with electric costs and turn to doorstops...then www.coinbase.com is my friend
right now I'm into "attic mining" sell crap in attic on ebay convert to BTC is the plan..maybe I can get another 10 BTC out of the tap that way and an empty attic I can turn into a rec room..
but home mining is 'dead' so thats whats up with me
soon the sweet release of death on my knc titans no roi no refund home miners when they are eventually not worth mining with electric costs and turn to doorstops...then www.coinbase.com is my friend
right now I'm into "attic mining" sell crap in attic on ebay convert to BTC is the plan..maybe I can get another 10 BTC out of the tap that way and an empty attic I can turn into a rec room..
but home mining is 'dead' so thats whats up with me
170 bitcoins here
19,578,000 digibytes
i see bitcoin as the gold store and digibyte as the minor everyday expenditure coin. From when ive used it its fast lots of coins 21 billion so no fractions. its a gamble that one though.
i cash earned dogecoin, litecoin and darkcoin into digibytes. id like to amass 210 million which i think becomes 0.5% of the coin supply. But thats 140 btc worth so not sure how acievable that is. currently 67 satoshi high of 127 satoshi, their aim is 1000 satoshi.
lets see.
im happy with my btc amount just wish i bought in at $80. id have 900 if i did
.
at this rate i need $5,800 AUD for $1 million comparitive fiat worth. id be more comfortable with $1300-$2000.
19,578,000 digibytes
i see bitcoin as the gold store and digibyte as the minor everyday expenditure coin. From when ive used it its fast lots of coins 21 billion so no fractions. its a gamble that one though.
i cash earned dogecoin, litecoin and darkcoin into digibytes. id like to amass 210 million which i think becomes 0.5% of the coin supply. But thats 140 btc worth so not sure how acievable that is. currently 67 satoshi high of 127 satoshi, their aim is 1000 satoshi.
lets see.
im happy with my btc amount just wish i bought in at $80. id have 900 if i did
. at this rate i need $5,800 AUD for $1 million comparitive fiat worth. id be more comfortable with $1300-$2000.
You are very lucky to have that many btc, I wish I were even close!
It's not much if you consider perhaps the next one or two bubbles, but if bitcoin goes mainstream you can retire on it
It's not much if you consider perhaps the next one or two bubbles, but if bitcoin goes mainstream you can retire on it
I'd personally couldn't have fiat in 50 bitcoins as i would see mysels checking the charts multiple times a day and dump wouldn't let me sleep for sure.
Well, I'm sure most of us that have been through the entirety of the last bear market can manage to deal with most things after that. The average person can't handle such a situation. 
By doing just a few trades per month (only trading the larger moves) you could comfortably increase your bitcoin holdings.
For example selling near 300 would have been great. All it takes to increase your holdings is patience and discipline.
Even better idea, and what I have been doing, is trading to increase your USD holdings. This guarantees for more purchasing power in the real world.
Holding your coins forever in the hope that everyone else is going to push the price up for you is not the best idea. You're not in control of the situation at all.
But yea what do I know...
For example selling near 300 would have been great. All it takes to increase your holdings is patience and discipline.
Even better idea, and what I have been doing, is trading to increase your USD holdings. This guarantees for more purchasing power in the real world.
Holding your coins forever in the hope that everyone else is going to push the price up for you is not the best idea. You're not in control of the situation at all.
But yea what do I know...
I'd personally couldn't have fiat in 50 bitcoins as i would see mysels checking the charts multiple times a day and dump wouldn't let me sleep for sure.
I check the charts multiple times a day, but as I am sure that BTC will stay here for long time I can sleep very good!
I'd personally couldn't have fiat in 50 bitcoins as i would see mysels checking the charts multiple times a day and dump wouldn't let me sleep for sure.
You have a more than decent stash of coins.
Makes me on the other hand wonder how you store your coins.
Hope you don't leave the majority of your coins on an exchange.
Makes me on the other hand wonder how you store your coins.
Hope you don't leave the majority of your coins on an exchange.
ALL OFFLINE, since the Mt.Gox rip-off
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