WTF is now wrong, all cryptos down?

[hofo]

totally irrelevant

yes, true

But interesting to know how many wallets in fact hold more than 1 BTC out of curiosity ?

 

[void]

But interesting to know how many wallets in fact hold more than 1 BTC out of curiosity ?

I don't know... it's probably as interesting as all the wallets that hold 2 BTC and 15 BTC and 0.1BTC, isn't it?

 

[JackAlabama]

That's good enough to put your wallet in the top million or so wallets that hold 1 BTC or more. 53+ million wallets own less than that so you're doing great. Keep stacking those sats.

Only statistical fact proven today: only 21M people can own 1 btc. Likely less, as many already own more than that.
Not much, its the size of a bigger city.

 

[rss]

Only statistical fact proven today: only 21M people can own 1 btc. Likely less, as many already own more than that.
Not much, its the size of a bigger city.

And there's also millions of btc lost forever that will never be recovered.

Mircea Popescu died a few years ago, if you know, you know.

 

[hofo]

I don't know... it's probably as interesting as all the wallets that hold 2 BTC and 15 BTC and 0.1BTC, isn't it?

yes

 

[OKboomer]

All of you putting money on shitcoins deserve to lose it all fr fr
w love

ETHBTC bottomed out , IYKYK

 

[mistaphi]

Are there any stats on this as you mention it like this?

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

 

[JohnnyDoe]

stats from 2022 - may not be valid any longer.

You are right but the graphics look nice.
Here is a live chart: https://www.bitcoinmagazinepro.com/charts/addresses-greater-than-1-btc/

 

[JohnnyDoe]

there are stats everywhere but totally irrelevant as well as all the ridiculous analyses based on UTXOs on addresses - nowadays nobody serious accumulates on a single address, the user knowledge improved dramatically

Statistics is the science of torturing numbers until they confess to whatever you want.

 

[diro]

It's a good time to buy cryptocurrencies again. Just wait a day or two, and it will be an excellent opportunity to invest.

I never understand the market, why does it seem to go into a coma every time the Federal Reserve makes a rate cut?

 

[void]

I never understand the market, why does it seem to go into a coma every time the Federal Reserve makes a rate cut?

me neither.... totally irrelevant yet it responds
probably the portion of BTC traders is still significant despite holders' share grows

 

[dany]

It’s absolutely crazy to watch the crypto market right now and see how it’s being slaughtered. First, we saw massive surges, and now huge drops! Investors are heading off for their Christmas holidays, cashing out their profits so they can feast and indulge.

@TheCryptoAnt did right when he posted Nov 25 that he is out for now! We should have done the same.. some people here knows their shiiiiit.

 

[EliasIT]

It’s absolutely crazy to watch the crypto market right now and see how it’s being slaughtered. First, we saw massive surges, and now huge drops! Investors are heading off for their Christmas holidays, cashing out their profits so they can feast and indulge.

@TheCryptoAnt did right when he posted Nov 25 that he is out for now! We should have done the same.. some people here knows their shiiiiit.

yeah @TheCryptoAnt is the guy I will listen to in the future

So far down with 60K EURO !!! WOOOOUUUU s**t.

 

[JohnnyDoe]

OMG it’s over, BTC is dead, here comes the crash, let’s sell everything before it’s too late!

 

[JackAlabama]

It’s absolutely crazy to watch the crypto market right now and see how it’s being slaughtered. First, we saw massive surges, and now huge drops! Investors are heading off for their Christmas holidays, cashing out their profits so they can feast and indulge.

@TheCryptoAnt did right when he posted Nov 25 that he is out for now! We should have done the same.. some people here knows their shiiiiit.

its not much. Just a 15% drop. There will be bigger and harder drops than this.

If its too much to stomach, reduce the position size.

 

[JackAlabama]

OMG it’s over, BTC is dead, here comes the crash, let’s sell everything before it’s too late!

View attachment 8382

yeah how many times have that been said but all tops have been local tops in hindsight.

 

[JohnnyDoe]

yeah how many times have that been said but all tops have been local tops in hindsight.

I should have sold at the top in 2011, instead of holding for months hoping for a rebound. This time I won’t make the same mistake, I’ve become too smart.

 

[TheCryptoAnt]

@TheCryptoAnt did right when he posted Nov 25 that he is out for now! We should have done the same.. some people here knows their shiiiiit.

yeah @TheCryptoAnt is the guy I will listen to in the future

I always tend to be a bit early to the actual top/bottom tho, keep that in mind in the future lol

its not much. Just a 15% drop. There will be bigger and harder drops than this.

and still a weekly higher low, no need to super panic yet.

 

[JohnnyDoe]

Meanwhile it already went up $4k, if I were you I would start to FOMO now

 

[kislokan]

Will take some time to recover now but doesn’t change the fact it’s going way higher next year