Top 10 Bitcoin Holders

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1 year ago

Bitcoin! We've all heard of it;the Cryptocurrency which makes you think of money, super cars and yachts.There is no doubt bitcoin has made a lot of people rich but even among these rich 'bitcoinaires' there are those on top of the foodchain(or more like the blockchain). Whether you're just a curious novice or an investor, it's important to know the top 10 holders of bitcoin whose activities can ripple through the entire market. These top 10 holders or 'whales' as some may prefer to call them could either make or break the market(literally).Below is an overview of the top 10 holders of Bitcoin.

•Satoshi Nakamoto

•Bulgaria

•Bitfinex

•FBI

•The Winklevoss Twins

•Gavin Andresen

•Roger Ver

•Barry Silbert

•Charlie Shrem

•Tony Gallippi

Let's take a closer look at these 'apex predators' and let's find out how they could afford so many bitcoins.

I. Satoshi Nakamoto

Well.... number one isn't much of a surprise.A man who needs no introduction,Satoshi Nakamoto is the founder of Bitcoin.A chef should not be found hungry. If you were the founder of bitcoin you'd definitely bag in as much as you can before even launching it. Satoshi is said to have obtained about 1.1 million bitcoins from his early mining. At Bitcoin's all time high of 60,000 USD he was worth 66 Billion USD. Even though he owns such a huge fortune,Satoshi has never used most of his coins. If he one day woke up and decided to liquidate all his bitcoins ,the effects will be deadly for the entire market:the market could crash.

II. Bulgaria

Wait ....I thought governments and banks were against Cryptocurrency.So how in the world did a government land it's hands on 200,000 bitcoins? Talk of irony.Well they definitely didn't buy them.The law enforcement of Bulgaria seized about 200,000 Bitcoins from a group a group of criminals who had developed a system of evading tax flawlessly(maybe a bit flawed since they got nabbed).These coins as expected were handed to the government.The coins could prove very useful to the government.It is even enough to pay about 30 percent of the government's debts.The government has however kept mute about how those coins are being used(suspish).

III. ARK Investment Management LLC

This company owns 163,000 bitcoins.The company is focused on investing into technology:robotics,gene editing,energy storage, artificial intelligence,DNA sequencing,electric cars,blockchain technology and more. Where they get money to invest? Only God knows.

IV. The FBI

What do we have here? Definitely surprising right? Well just like the Bulgarian law enforcement,the FBI obtained about 144,000 bitcoins from criminals.Not even criminals can escape the appetite of the government or at least escape for long. Isn't it so interesting how the government bags money from both criminals and law abiding citizens?The FBI acquired these coins after taking down a drug related website on the darkweb.The bureau is said to have sold most of the coins.

V. The Winklevoss Twins

The siblings bought about 1.5 million bitcoins costing about 11 million dollars.How they could afford it? They funded the purchase using part of a 65 million dollar compensation they had received in a legal dispute(with Mark Zuckerberg).The twins are now said to own about percent of the total bitcoin in circulation.

VI. Gavin Andresen

Gavin Andresen has been suspected of being Satoshi Nakamoto;However Gavin keeps denying those speculations,saying he is only a close friend of the bitcoin founder.Satoshi made Gavin his successor in late 2010 Gavin was the lead developer of the open source code of bitcoin. He was paid 200,000 USD worth of bitcoin for this role. Today as expected the value of those same coins are jaw dropping.

VII. Roger Ver

He was the first to hold a 100,000 bitcoins and also among the first 10 bitcoin billionaires.After getting involved with bitcoin for a while,he had dropped out of college to take it on fully.He definitely didn't regret it.

VIII. Barry

He was said to have won 48,000 bitcoins during an auction held in 2014(after which he went on to win the hearts of many ladies)

IX. Charlie Shrem

He is one of the earliest investors of bitcoin,investing a lot in to the Cryptocurrency when it was at infancy. He is also an active member of the bitcoin foundation.

X. Tony Gallippi

He has not disclosed just how much bitcoins he owns; however he is said to be a bitcoin 'whale'.

Thanks for reading.

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Bitcoin as a digital currency is just so cool but the high rate of instability is just what discourage it it. I would like to have Bitcoin like those you mention but for me knowledge crypto is still new for me.

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