I recently read an article about the amount of BTC supply held by people with less than 10 BTC. It seems that this number is increasing over time, which means that more and more addresses will own less and less BTC. This is a bit concerning to me, as it could lead to a situation where the majority of BTC is held by a small number of people.
I’m curious to hear what other people think about this. Do you think this is a problem that needs to be addressed? Or do you think it’s just a natural part of the market? What do you think the implications of this trend are?
I hope at one point to make it possible to buy less than a full BTC, it’s hard scraping together 26k every time I want to buy some crypto…
The first paragraph put the price we have right now into perspective better than a whole book
This post also includes me with my 0.001 BTC in my wallet.
I just need one haha
I’ve never owned BTC but will buy some eventually when it’s used on the daily to buy things, not to be stored in a cold wallet waiting for it to hit one milly so that you can obtain more fiat with it.
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… as much as things change, the large holders will still hold large amounts.
It’s not like BTC is any different than FIAT. Few will still hold most.
Bullish on everyone participating and coins getting more and more decentralized in ownership
Dude these posts are becoming so annoying
>The amount of BTC supply held by people with less than 10 BTC keeps increasing. Over time more and more addresses will own less and less BTC.
Sure but it doesn’t mean much
Anyone could have had an address with 10 BTC and sent 5 BTC to his second address
That person still has 10 BTC
Yet, owning 1 BTC is meaningless in terms of wealth as it can be divided up to one million time (Sats).
Sure, owning at least one whole coin is a goal or a pride for some, but in the end, with a worldwide adoption in sight, we’ll talk about and transfer more Sats than BTCs.
I mean, duh????????
Having a bitcoin is a dream for me…I am currently looking to achieve this dream by increasing other coins with their price increase.
*we are early*
Guess this is how Nakamoto would’ve wanted it
A limited number of people can succeed with proper capital management and proper timing of buying and selling
Power to the people
Hey I wouldn’t mind going over 10 BTC. Even 1 BTC would be nice.
Don’t forget that 5 Moons = 1 BTC
“Over time, more and more addresses will own less and less BTC”
As more people buy BTC the less available supply will be!
This is the most true statement!
However, if you’re in here, you have the skills to change that and buy more and more BTC as long it’s in this values!
Bullish!
remember you are still early
institutional traders are just trading and retail is holding strong, we love to see it.
“people with less than 10 btc” is a pretty inclusive club
if only sales and my financial situation were in tune with one another I’d achieve my crypto goals faster, but it’s always one or another
I’m holding my 0.0001 BTC
I have 0BTC, the price will dunk once I buy, you’re welcome everyone
Soon there will be SATOSHI/USDT pair on CEX
There will be a such a big supply-shock in the near future the price will skyprocket. Dont know if it’s going to be 2024/2025 but it’s coming. Miners wont enough to sell, 20% is lost forever, people are holding through bearmarkets, spot ETF’s….it’s all ligning up.
Don’t sell your Bitcoin to companies like Blackrock.
> So right now getting 1 BTC for “just” $25k is like a fire-sale going on.
The fire sale is when people are to scared to buy, and that was around $16k not $25k
You’re completely misinterpreting the data.
An address does not equal one person, ffs. All of my addresses own small amounts of bitcoin, yet I several bitcoin. I do not have a single address with 10+ bitcoin.
To think I was around when they were around $300 for 1 year