Discussion in 'Digital Currencies' started by mmm....shiney!, Feb 4, 2021.
Courtesy of Glassnode.
Shrimp reporting in!
With such a small no. of coins in constant circulation, even a chubby Shrimp could create significant wealth if they HODL for long enough.
I think I have seen some estimates where if you hold 1 BTC or more you are in the top 10% of all holders.
If you think about it, there are only an absolute maximum of 21 million people in the world who can hold at least 1 Bitcoin in any given timeframe. That's less than the population of Australia. And of course it's never going to be even close to 21 million because of all the whales. The vast majority of the world's population, around 7 billion people, are going to have to be happy with less than 1 bitcoin.
Hmmm, I wonder what the price would have to go to where 99% of the world's population couldn't afford it.
I don't mind being a crab!
2021: You need almost half a million dollars just to be a mere Octopus.
2012: Around 10K would make you a whale
get the knife and chilly bottle
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