You're absolutely right but there are a lot of Bitcoin millionaires (mostly early adpoters) who can still donate 10BTC to the forum but it rare though for them to do the donation. Wait a minute, the donation is even enough to participate and pay a maintenance cost in the
build a seastead which was once introduced by Theymos.
I do not think that there are a lot of Bitcoin Millionairs.
I would bet that there are less than 5 if any other than Satoshi (and even his amount of bitcoin are not sure that these expected 1 million belongs to him)
Not counting an exchange as these funds are only in custody to their customers (but sure not your keys, not your coins)
They are talking about millions worth of BTC in USD not millions of bitcoins. There are quite a bit more than 5 out there. According to
this article there are more than 93 thousand out there holding more than a million dollars worth of BTC. It wouldn't be surprising if many of these folks were members here at one point and maybe there's even a few lurking around or participating here and there.
Footing the current price of the market the 10BTC is not even a million dollars and speaking of some Bitcoin millionaire lurking around the forum or once make a contribution in the forum at some point, I believe there are some Bitcoin millionaires among the wall observer poster cause they seems to be serious investors.
Agreed 100%. I can't find the reference I read recently, but an analysis was done and it found that 95% of all bitcoins are controlled by the top 2% of the account holders/users.
Meaning:
18.5 Million Coins Currently Mined - (20% lost BTC forever/lost wallets/dead wallets) = 14.8 Million BTC Likely Left in Circulation * 0.95% = 14.06 Million BTC are held by the top 2% of bitcoin users/holders.
Leaving only
BTC740,000 distributed amongst the other 98% of ALL Bitcoin users/holders.
Hard to fathom quite frankly... but it makes sense.
When I started mining BTC in 2014, we started with 26 Antminer S3 units and were making roughly
BTC0.50 a day on Slush's Pool in BTC earnings.
But, that was when BTC bounced from $600-$90-$1000 for quite a long time on a bumpy trading pattern, but very cheap. So
BTC0.50 / day when it was valued at $200 wasn't a big thing... but we were in it for the marathon.
Cheers!
Strato