Is there a statistic on how many addresses hold a certain balance or bracket? Like
100,000 and up
50,000 to 99,999
10,000 to 49,999
5,000 to 9,999
3,000 to 4,999
2,000 to 2,999
1,000 to 1,999
500
100
50
10
If I wanted to be anonymous, I'd chop up my savings into many addresses and go where no one is likely to look, like under 3,000 per address. Because, for sure, everyone is watching the number 1 address with 111,111 coins.
Topic: z - page 6. (Read 58407 times)
Stunning, the minimum 414th (I don't think it's 410) is still going up in value. So much for early adopters cashing out, any doing that are outweighed by new hoarders it would seem.
so much for all the early adopter "dumping" theories.
Update please! (I will donate 5 mBTc if you update)
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Tipped!
(I used the reddit bitcointip bot ... should appear in a few minutes)
reserved
Why not use this spot to split your list into 1-400 and 401-800?
Then you could have top 800 list
Option 2. Never sell any Bitcoins, thus there is no tax event. Loan it to related parties, use it as collateral etc... talk to a good accountant first.
I would be surprised if any of the large holders ever sold any. The feds will be all over taxing the profits on BTC when it hits mainstream. The only way to escape capital gains tax is to never sell.
As the events in Cyprus show, sometimes you have to pay out of your current balances as well, so even the above is not 100% sure, assuming full compliance.
Disclaimer: I have never sold a BTC, nor I probably ever will.
Yes, this is the long play. There is no need for large holders to ever sell.
Compare: http://www.cnbc.com/id/46236916
Cool! Thanks for the link!
Option 2. Never sell any Bitcoins, thus there is no tax event. Loan it to related parties, use it as collateral etc... talk to a good accountant first.
I would be surprised if any of the large holders ever sold any. The feds will be all over taxing the profits on BTC when it hits mainstream. The only way to escape capital gains tax is to never sell.
As the events in Cyprus show, sometimes you have to pay out of your current balances as well, so even the above is not 100% sure, assuming full compliance.
Disclaimer: I have never sold a BTC, nor I probably ever will.
Yes, this is the long play. There is no need for large holders to ever sell.
Compare: http://www.cnbc.com/id/46236916
Option 2. Never sell any Bitcoins, thus there is no tax event. Loan it to related parties, use it as collateral etc... talk to a good accountant first.
I would be surprised if any of the large holders ever sold any. The feds will be all over taxing the profits on BTC when it hits mainstream. The only way to escape capital gains tax is to never sell.
As the events in Cyprus show, sometimes you have to pay out of your current balances as well, so even the above is not 100% sure, assuming full compliance.
Disclaimer: I have never sold a BTC, nor I probably ever will.
Option 1. Become a tax exile for a year, cash out as much as you want, while sipping exotic cocktails on a beach.
Option 2. Never sell any Bitcoins, thus there is no tax event. Loan it to related parties, use it as collateral etc... talk to a good accountant first.
Surely there are more options available. But for most us there is nothing to worry about until Bitcoin hits 10k$ or so.
Option 2. Never sell any Bitcoins, thus there is no tax event. Loan it to related parties, use it as collateral etc... talk to a good accountant first.
Surely there are more options available. But for most us there is nothing to worry about until Bitcoin hits 10k$ or so.
I can't imagine the stress that goes into handling these wallets. You have 2.3 million on a computer, sure it's backed up several times, but you have 2.3 million is an artificial currency that legally amounts to nothing. You can't turn that amount of money into cash without paying 55% taxes on 100% of it because accounting doesn't exist for bitcoins, so what do you do? Just withdrawal a modest six figure salary a year to some anonymous source and leave that gigantic amount in bitcoins? The bitcoin price dropping by 1 dollar causes you to lose 60 grand, and while the vice versa also applies, there is no "long term" insurance for bitcoins because it's not a real currency. It won't last another 249329423x years, and that x could turn out to equal 5 years, you just don't know. A major sell off of bitcoins by someone causes massive deflation.
I know that the people who end up making it big are the ones who take risks in stuff like this, but jesus christ that is a little much.
I know that the people who end up making it big are the ones who take risks in stuff like this, but jesus christ that is a little much.
where does the 55 % figure come from? isn't capital gains tax 28 %?
What is the exact command you use to create such a list?(parser)
Assuming that:
1. You have a linux 64bit box, preferably of the debian/ubuntu persuasion
2. You have an up to date satoshi blockchain in your home directory (that is the case if you use the default bitcoin client)
then, something along the lines of:
Code:
sudo apt-get install libssl-dev build-essential g++-4.4 libboost-all-dev libsparsehash-dev git-core perl
git clone git://github.com/znort987/blockparser.git
cd blockparser/
make
./parser balances --limit=500 > 500.txt
Wait ~5mn... result is in file 500.txt
I'm genuinely surprised hardly anyone has hit the 100,000 Bitcoin mark yet, it must be because there still aren't a lot of Bitcoin businesses about, then again, the real richest Bitcoin users may have smartly hidden their addresses from public view or switched computers etc. to prevent the larger amounts being found.
I split all my coins into multiple wallets, all eggs in one basket = too much to loose.
/still on the list
//seriously considering cashing a significant amount out to buy a house or an RV.
I'm genuinely surprised hardly anyone has hit the 100,000 Bitcoin mark yet, it must be because there still aren't a lot of Bitcoin businesses about, then again, the real richest Bitcoin users may have smartly hidden their addresses from public view or switched computers etc. to prevent the larger amounts being found.
The top 100 addresses can belong to the same person for all we know. You cannot hide an address from public view and you can just as easily split your funds to hundrends of them.
That's what I do and what I'm planning to do to be honest, it's a bit like with Bittorrent where you find safety in numbers, that and a good VPN as well as a laptop
It's a little surprising that the minimum balance continues to increase. I'd have expected things to start diluting around now with the "entry" requirements stopping increasing. However it's gone from 2700 BTC to about 3000 BTC, or approx 10% increase, in just over two months...
I can't see it getting above 5000 BTC. I'd be very surprised if it ever reached 4000 BTC. Of course, it is subject to gaming to some extent.
I can't see it getting above 5000 BTC. I'd be very surprised if it ever reached 4000 BTC. Of course, it is subject to gaming to some extent.
I'm genuinely surprised hardly anyone has hit the 100,000 Bitcoin mark yet, it must be because there still aren't a lot of Bitcoin businesses about, then again, the real richest Bitcoin users may have smartly hidden their addresses from public view or switched computers etc. to prevent the larger amounts being found.
The top 100 addresses can belong to the same person for all we know. You cannot hide an address from public view and you can just as easily split your funds to hundrends of them.
I'm genuinely surprised hardly anyone has hit the 100,000 Bitcoin mark yet, it must be because there still aren't a lot of Bitcoin businesses about, then again, the real richest Bitcoin users may have smartly hidden their addresses from public view or switched computers etc. to prevent the larger amounts being found.
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