Post
Topic
Board Speculation
Re: We've made 'a typical bitcoin'
by
LMGTFY
on 28/04/2016, 11:32:07 UTC
Weeks of slow hard gaining undone in a few hours by the whales holding 99.99999% of all bitcoin and controlling the network

Weeks? We're at the same price we were at 8 7 days ago.

99.99999% is 20999997.9 BTC. That leaves (assuming no BTC have ever been lost) just 2.100000001 BTC for us little ol' non-whales.

Sorry, that leaves 2.100000001 for all you non-whales to share between you. I've just realised I'm a whale.

Edit: 7 days. Price has risen since I first started replying.

And if you only consider the 15.5 million BTC currently available, the total BTC available to non whales would be 1.55 BTC, which would instantly make most of us Bitcoin Gods Cheesy

D'oh! You're right! There'll be people who used Gavin's faucet back in the day who are now whales Shocked I wonder if they realise...