Bitcoin Holdings
if the cryptocurrency exchange is the largest bitcoin warehouse, people may not be surprised. 6.7% (about $9.8 billion) of bitcoin currently in circulation are held by cryptocurrency exchanges however, more interestingly, despite the long bear market, the bitcoin reserves of these exchanges have been increasing no matter "up or down"
in the past two years, BTC inventories of eight exchanges including Kraken, bitstamp and binance have increased steadily. This is in sharp contrast to the volatility bitcoin has experienced since March 2017. These largest bitcoin holders continue to have confidence in the cryptocurrency market and continue to increase their share regardless of market conditions
if you imagine yourself as a big fish in an infill pond, it may become easier in the future. As bitco reported a few weeks ago, the number of BTCs you need to be a whale may change over time. If you believe in some theories, holding a bitcoin may give you enough power to influence the market
although others disagree, they point out that one of the 21 million bitcoins is very "insignificant". So no matter what the situation is, no matter how many bitcoins you have, keep a positive attitude
Let's start with a simple conclusion: a year ago, the data showed that there were about 500000 BTC
two American brothers, Cameron winkleworth and Taylor winkleworth, claiming that they owned 1% of bitcoin [1] 1% of the world's bitcoin? At present, the total amount of bitcoin in the world is about 12 million, that is to say, the two brothers hold about 120000 bitcoins< maybe you don't think it's worth much, but note that the starting price of bitcoin for these two people is less than $10 / bitcoin
Please note that entities are used instead of people. In the analysis method of this paper, bitcoin wallets that may belong to the same owner are divided into the same entity, which may be not only a person, but also a trading organization like Mt. GOx in addition, through the analysis of the most active entity table given in this paper, the income of the people with the most income (excluding expenses) is less than 700000 BTC. In other words, the person with the most bitcoin will hold no more than 700000 bitcoins. How many people in the world own bitcoins? The paper concludes that as of May 13, 2012, 1.85 million entities hold bitcoin. If we assume that bitcoin users have grown linearly since the advent of bitcoin (January 2009), the current number should be 2.5 million. Because the number of entities is counted on paper, the actual number of bitcoin holders should be a little less than this number, but not much smaller, because after all, there are not many large trading platforms
In addition to the above two problems, [3] also gives many interesting conclusions, such as: < UL >about 55% of bitcoin can be saved without money
in places like GOx mountain, almost all deals are small ones
before May 2012, almost all large single transactions (& gt; 50000 BTC) are subsequent transactions of 90000 BTC on November 8, 2011. There are very strange patterns in this long list of transactions. For example, an entity divides 90000 BTCs into different sizes, sends them back to itself three times, and then sells them on Mt. GOx. 90000 BTCs sold are sent back to the entity through 90 different bitcoin addresses, with 1000 bitcoins per address. These operations indicate that the entity appears to be trying to hide the relationship between these transactions
1) two American brothers, Cameron Winklevoss and Tyler Winklevoss, claim to hold about 1% of bitcoin in the world? Now the total amount of bitcoin in the world is about 12 million BTC, that is to say, these two brothers hold about 120000 bitcoins. Maybe you don't think these are too valuable, but note that the starting price of bitcoin for these two people is below $10 / BTC. At the current market price of $430 / BTC, the yield is...... (2) Li Xiaolai claims that he is the first person in China to hold bitcoin, holding six digit bitcoin (no video link found.)
3) after the founder of the silk road was arrested, his 140000 bitcoin was seized by the FBI [2]
therefore, the people who have the most bitcoin should hold more than 1% of the world's total. This can be seen from the daily BTC holdings list
more systematic research comes from academia. The Israeli mathematician ADI Shamir (if the name is unfamiliar, he is the s in RSA algorithm) published a paper "quantitative analysis of the full bitcoin
transaction graph" in 2012, which analyzed the transaction records of the first 18000 blocks in the special currency system (as of May 13, 2012), This paper studies some interesting problems in bitcoin market
in their analysis results, at the end of the first 18000 blocks of chain, the entities with the most bitcoin holdings range from 200000 to 400000 BTC (the article does not give specific figures), and only one entity with more than 200000 bitcoin holdings. In history, the largest amount of money held was more than 500000 BTC, with two entities
note that "entity" is used instead of "person". In the analysis method of this paper, bitcoin wallets that may belong to the same owner are classified as the same entity. This entity may not only be a person, but also be a trading organization such as Mt. GOx
in addition, by analyzing the table of the most active entities given in the article, the income of the people with the most income (excluding expenses) is below 700000 BTC. In other words, the person who owns the most bitcoin will not hold more than 700000 BTC
According to the regulations of notice 2014-21 of the IRS:
1. The information range of virtual currency payment is consistent with that of other property payment
2. Virtual currency paid to service providers and independent contractors should be taxed, and the tax rules of freelance also apply to virtual currency. Taxpayers usually have to get form 1099-MISC
3. When using virtual currency to pay wages to employees, they must also pay taxes, and they also need to pay federal income tax and payroll tax
4. The third party accepting virtual currency settlement payment on behalf of the merchant must report the payment status in form1099-k, payment card and the third party network dealer
5. Based on the fact that the virtual currency in the hands of taxpayers is a kind of capital asset, the gains or losses in the transaction of virtual currency and the sales of virtual currency need to be taxed
extended information:
legal status of bitcoin in China
in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty
the notice of the Ministry of culture and the Ministry of Commerce on strengthening the management of virtual currency of online games (Wen Shi Fa [2009] No. 20) on June 4, 2009 stated that the application scope of virtual currency of online games was defined for the first time, and the distinction between the current virtual currency of online games and the virtual props in the game was made; At the same time, the notice said that the "notice" stipulates that enterprises engaged in related services must be approved before they can operate< br />
Yes, many big companies have also bought bitcoin
On February 25, 2021, according to foreign media reports, although the price of bitcoin fluctuated significantly in recent days, it remained at a high level, which also made many investors optimistic about this cryptocurrency. After Tesla bought $1.5 billion bitcoin and square, an online payment company, bought more bitcoin, another company announced to buy 19000 more bitcoinsMicroStrategy, a business intelligence company that helps enterprises build business analysis and mobile applications, has purchased an additional 19000 bitcoins. They announced on Wednesday local time that they have purchased 19542 bitcoins
In November 2020, the price of bitcoin stood at US $15000 per coin on Thursday, the highest level since January 2018. Due to some events, the price of bitcoin has soared by more than 10% in the past two daysAnthony pompliano, co-founder and partner of Morgan Creek digital assets, a cryptocurrency investment company, said: "bitcoin is the biggest winner in the current macro environment. As we can see, after the market came out of the liquidity crisis in 2008, when the Federal Reserve's quantitative easing policy intervened, Inflation Hedging assets performed very well. "
bitcoin has been rising in the past few weeks after payment giant PayPal announced that it would use virtual currency to trade on its platform. The news reinforced long-standing expectations that cryptocurrencies such as bitcoin could become a more viable way of payment
chain media finance
2020-07-30
attention
with the healthy rise of bitcoin and the main trend of make-up, the atmosphere of bull market is getting heavier and heavier. Maybe we all feel that the people around us are also restless, looking for wealth codes everywhere. After all, the most restless thing in the real bull market is Shanzhai coin
it's not that bitcoin doesn't smell good, but... Most people really don't have bitcoin
can understand, can understand. Although I've been sucking for several years, many people still insist that Boshan village is the best place for their money. In fact, I agree with that, because it's really difficult for bitcoin to multiply by 10 times, and the process is very tortuous
in the case of Shanzhai, if you step on the hot spot precisely once, then ten times can be expected
as long as you are not afraid to go back to zero
at least all the coins that will return to zero have been brilliant< In fact, if you don't want fomo, you can think like this: the money is only kept by them for the time being. Who can really get it
however, if we don't participate in the discussion of hot spots, we will always have a strong fomo feeling, so if you are bored with hoarding money, or simply don't like hoarding money, you want to engage in hot spots. Let's have a good chat, how can we do it
1. The primary market is better than the secondary market
If a new project, a new project with hot concept, can get the quota through various channels and means, we must find a way
a lot of people come up and say, "how can I get the quota?" this is that they have not tried at all. Do you know that the off-site quota is sold? The so-called trade, someone has a price, there is a trade. There's no business that can't be bought or sold, there's only business that you don't know
the concept of hot spot is often the first round of speculation in the primary market, but because there are few players in the primary market and they are restrained, basically as long as the hot spot is still there, there will still be enough opportunities for the new currency to go online In fact, the IC0 game of the year)
two level market buying money, what I personally think is the worst choice, because for a hot concept, there is no value basis for everyone, you know that it has little value, and others know it is of little value. Everyone is playing fast games.