Post
Topic
Board Bitcoin Discussion
Re: Increasing Number, Who Own 1 bitcoin
by
shoreno
on 23/01/2020, 19:18:18 UTC
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.

This is pretty surprising actually.

You might expect there to be fewer whole BTC owners when BTC is worth a lot, and more when BTC crashes.

However, if you look at the charts for the last 1 year, Bitcoin is actually worth 250% more than it was this time last year.

This means that as a whole, the total value the sums held by whole BTC owners increased by the same amount over this time period.

I wonder if this growth will continue even if BTC hits $80k+?

the price of btc is not continue increasing but it drops hard   again sometimes.  thats the reason why the number of owns big amount of bitcoins are still growing even if we are now advancing thru the years  . the growth can continue but we must be happy for it because that only means that there are still people who have faith in hodling thier btc  . that also means that the potential of price increase for btc is big