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Who owns most bitcoins

who owns most bitcoins

rich. They could be true long term holders who want to see where the market goes, or part of the millions of Bitcoins thought lost to wiped hard drives, forgotten passwords, and other problems. Today, there are 246,377 bitcoin addresses with at least one bitcoin in them, he says. In layman's terms, this means that the only person who knows the owner of a specific Bitcoin is the Bitcoin itself. Satoshi stores his wealth in a large number of bitcoin addresses, most of them holding just 50 bitcoins. As Edgar Bers of, hashFlare told Digital Trends in a recent interview, its possible that large cryptocurrency owners might shake the trees of nervous investors by deliberately downing cryptocurrency values through large sales, or public statements of low confidence, only to increase their holdings when. It is actually the creation of Satoshi Nakamoto, who some speculate isn't even a real person and is, rather, a group of people.

Which, of course, is the point of bitcoin. Thats tens of millions of dollars worth of cryptocurrency in each wallet. Using BitInfoCharts latest calculations, 87 percent of all Bitcoins ever mined are owned by just half a percent of Bitcoin wallets. karen bleier/AFP/Getty Images. Japanese Bitcoin Investors, it was estimated that the Japanese Yen (the currency) was used to purchase 42 per cent of all Bitcoins traded in 2016. Individual Bitcoin Millionaires, bitcoin also has a few huge individual investors who own large portfolios of the cryptocurrency. The top 30 percent of Litecoin wallets control.62 percent of all Litecoin in existence. Those 144,000 bitcoins are worth close to 100 million at Tuesday's exchange rates. Van Valkenburgh said the earliest bitcoin makers probably still own a bunch. This distribution of wealth shows big money is interested in cryptocurrency.