BTC supply distribution

Discussion in 'Digital Currencies' started by mmm....shiney!, Feb 4, 2021.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    mmm....shiney!, Feb 4, 2021
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  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Shrimp reporting in!
     
    Jislizard, Feb 4, 2021
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  3. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    With such a small no. of coins in constant circulation, even a chubby Shrimp could create significant wealth if they HODL for long enough.
     
    LiverBird, Feb 4, 2021
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  4. hawkeye1

    hawkeye1 Member

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    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.
     
    hawkeye1, Feb 9, 2021
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  5. whay

    whay Well-Known Member

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    I don't mind being a crab!:)
     
    whay, Feb 9, 2021
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  6. Ag bullet

    Ag bullet Well-Known Member

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    No Brachiosaurus???
     
    Ag bullet, Feb 9, 2021
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  7. hawkeye1

    hawkeye1 Member

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    2021: You need almost half a million dollars just to be a mere Octopus.
    2012: Around 10K would make you a whale
     
    hawkeye1, Feb 10, 2021
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  8. alor

    alor Well-Known Member Silver Stacker

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    get the knife and chilly bottle
     
    alor, Feb 10, 2021
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