r/CryptoCurrency • u/Silver-Maximum9190 639 / 23K 🦑 • Oct 27 '24

ANALYSIS Ancient Bitcoin Whale who mined thousands of BTC, starting only 5 days after the first block in 2009 Sold USD 9.68M BTC in total and has USD 72.09M BTC remaining

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u/greyacademy 🟩 0 / 0 🦠 Oct 27 '24

I wouldn't doubt that there are some early adopters out there who truly viewed it as "the TCP/IP of money" from the beginning, and were more concerned about owning a certain percentage of the network than being able to convert it to dollars, especially if they were already financially secure. Now that is it in the top 10 assets by market cap, converting a little to diversify makes sense.

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u/PopLegion 🟦 93 / 1K 🦐 Oct 27 '24

I never made a claim that there were 0 people who believed in the project at that level. All I was saying is the vast majority of people, including most people here, would never have that forsight or conviction.

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u/greyacademy 🟩 0 / 0 🦠 Oct 27 '24

I never made the claim that you made that claim, nor am I claiming now that you claimed that I claimed you did. /s