Quote from: Crazy_Bitcoin on Today at 04:17:11 AM

FUN FACT: There are more than 150 million Bitcoin and crypto users in 🇮🇳 India, 🇮🇩 Indonesia, and 🇳🇬 Nigeria alone.
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What is so "fun" about that?

And how would you know?

We had recently explored some statistics asserting world-wide population of bitcoin adoption is about 140 million, which is a number that you are proclaiming to be "facts" in regards to just three countries.

I have my doubts, unless you can define what the fuck "crypto" users happen to be... not that any of us in this thread give too many shits about what is crypto, anyhow? Maybe if you focus on "bitcoin" (have you heard of it? do you know what it is? Do you know what it is compared to what "crypto" is? Do you know what you want to refer to bitcoin and crypto rather than just referring to bitcoin?), then maybe you might come out with some more relevant assertions, to the extent that you have any ideas going on within your brain that goes beyond what is stated in some twitter threads.

Quote from: aesma on Today at 05:23:08 AM

Quote from: JayJuanGee on Today at 12:45:20 AM

Quote from: Biodom on November 07, 2022, 08:30:19 PM

Quote from: shahzadafzal on November 07, 2022, 08:19:30 PM

But there will be only 21,000,000 bitcoins

Or 0.002625 btc/per person

Maybe 6 bil adults, so ~0.004 per adult-plankton
10X more than average is 0.04 btc (just about $500 rn)-shrimp
100X more than average is 0.4 btc-fish
1000X is 4 btc-dolphin
10000X is 40 btc-whale
100000X is 400 btc-blue whale (i know that they posted much higher number before, but this is what I surmise the whale size account would be eventually and the prominence of whales confirms as there are about 10K-25K blue whales and 14K addresses between 100 and 1000 btc)

These depictions of the significance of these numbers seem somewhat reasonable.

You could become a whale Biodom, if you were able to double your stash.

Also, there seems to be a lot of value between a regular whale and a blue whale... I am not sure about the meaning of such. but just an interesting observation that there might be a lot of "normie" bitcoiners who entered into bitcoin in the 2012-2016 time frame who would fall within such range - that is they had happened to have been somewhat aggressive and not whimpy without being overly aggressive or making some pretty BIG trading like mistakes..

I can think of a few who might fit in or out of this range..and not even saying exactly - though I am thinking that poor widdo Searing, who had been with us so long - and who was pretty strongly in solid arenas of this territory is neither no longer with us, and may well had not been able to use his coins... sure it would be nice to be wrong in this speculation of mine.

Does using averages, especially over the human population, make sense in that case ? Most people have 0 sat.

Personally, I believe that there are a lot of ways to "fairly" frame the issue, including but not limited to hypothetical "world-wide" averages, and accordingly in that case to compare if you are "above" or "below" what the amount of bitcoin that the average "human" or "adult human" would have in the event that BTC were to be "evenly distributed" throughout the whole planet.

Sure, I get your point in that we know that we are going through an "intellectual" and "hypothetical" exercise that NEVER is going to happen... Yes, I hate to use absolutes, but in this case, there are so many reasons that we absolutely know that bitcoin is NEVER going to completely experience even distributed around the world, and we also know that bitcoin is not going to ever even come close to becoming evenly distributed throughout the world.. because bitcoin no does not work like that.. Bitcoin works on the basis of both being able to know about it and being able to act upon your knowledge in order to work towards getting some of it, and if you do not do both of those things, then you are likely going to be disadvantaged because it is doubtful that anyone is going to give it out to you for free.

Another thing that we know about bitcoin is that there are a decent number of people who have engaged in behaviors to gather way more than their average allocation, so it seems quite likely to me that those people who are greedy and/or hoarding bitcoin are going to be disproportionately rewarded as compared to those who either take whimpy actions or average actions to accumulate BTC.

Like I mentioned, there seems to be a variety of ways that we can attempt to speculate about ways that bitcoin are going to be distributed throughout the world in order to figure out our own relative standing, including that we could attempt to figure out what the bitcoin hoarders are doing and to see how much BTC supply is going to be left for us and to figure out if bitcoin has a good, fair or low price relative to the overall supply or whether bitcoin might be "overpriced"...

On a personal level, it is up to each of us to figure out how to price bitcoin, and to attempt to figure out if we should attempt to get more (in case it catches on) or not.