Bitcoin Rich Wallets Distribution

This list has been last updated at block 524820.

THE DEMOGRAPHICS OF BITCOIN

First I wish to state that, in my opinion, the data required to make good analysis of the demographics in Bitcoin is probably currently unattainable. Instead, I will rely on anecdotal evidence to try to give a good estimation of where it’s been and where it could go. Bitcoin… Read More

BITCOIN IS A DISRUPTIVE TECHNOLOGY

Bitcoin is becoming more of a fixture in mainstream media every day. However, I feel that everyone sees bitcoin as something different. Zealous Libertarians see it as a big middle finger to the government and the banking system, hackers see it as a new source of power to support… Read More

ARE BITCOINS MONEY?

Money is anything widely accepted as a store of value. The idea of money exists in many forms such as currencies and commodities like dollars, yen, or gold. Since #Bitcoin is a widely-accepted currency, it too is money. Similarities to Historic Currencies A medium of exchange Currencies… Read More

WHY BUSINESSES SHOULD CHOOSE BITCOIN

One of the keys to allow sustainable growth of Bitcoin in the currency markets is the existence of strong channels for commerce. By this I mean the we need more merchants accepting BTC for their goods and services. Why would a merchant that has a solid business decide to begin… Read More

4 INDUSTRIES PUSHING BITCOIN

Bitcoin is used in a smorgasbord of ways now that it’s showed itself to be stable. With huge gains in 2017 alone, it only makes sense people want to receive bitcoin for goods and services. Here are some at the fore. Shopping Online More and more companies are adding Bitcoin… Read More

6 TIPS FOR BITCOIN MINING THE RIGHT WAY

The largest issue I had when starting my bitcoin mining experience, and I am pretty sure others have shared this issue, is that most sites weren’t built to be very user friendly and I am no advanced user. I don’t have much experience with Linux or Ubuntu and only… Read More

THE RELATIONSHIP BETWEEN CRYPTOCURRENCY AND SOCIAL MEDIA

Social media networks play a vital role in many aspects of our modern lives. Cryptocurrency has had its fair share of interactions with social media, many of them rather unique. The value of Bitcoin lies as much in the idea behind it as the technology that makes it work. Many… Read More

SIMPLE BITCOIN GUIDE

This is a simple guide to help you getting started with Bitcoin. This guide doesn’t cover all the technical details behind the Bitcoin crypto-currency. There are other useful articles on this website that can provide you with all the technical answers. Bitcoin can be used… Read More

THE FUTURE OF MONEY

Can we see the future? If we are looking in the right places, we can see the future. For example, nearly two decades ago, someone saw how the Internet, with its open software and its open protocols would soon dramatically alter our future. His contribution was Mosaic, which… Read More

5 QUESTIONS ABOUT BITCOIN

I received many questions about Bitcoin from friends and these most frequent questions are emblematic of the questions most people ask. 1. What is bitcoin? How long has it been around? How extensively is it used? Bitcoin is two things which share a name: 1) a payment… Read More

HOW DOES BITCOIN WORK?

Bitcoin is maintained by a peer-to-peer network, which allows Bitcoin transactions (the transfer of Bitcoin value from one Bitcoin address to another using cryptographic algorithms) to occur directly between a buyer and seller. This direct connection of buyer and seller eliminates… Read More

BITCOIN SECURITY

Quite recently a Bitcoin scam was in progress until it was noticed that somebody’s wallet had been stolen. The software was a Trojan that deletes a Bitcoin wallet and mails the copy to the scammer. Fortunately, the criminal’s stupidity allowed that some of the stolen… Read More

WHAT IS BITCOIN?

This is an article about the purpose of using Bitcoins in today’s times. Specialization, that is the division of labor where each worker focuses on one thing, and doing that one thing really really well. Historically it has always resulted in greater efficiency with most… Read More

Bitcoin Rich List contains information about the largest Bitcoin wallets, statistics about the Top 100 Richest Bitcoin Addresses and useful articles to help you know more about how to use Bitcoins and earn more money online.

The 8 Biggest Bitcoin Players Who Could Make a Fortune Off the Cryptocurrency

There are plenty of well-known critics of Bitcoin in the banking and business worlds. Recently, Jamie Dimon, chief executive of JPMorgan Chase & Co., called the cryptocurrency a “fraud” and said it would blow up. He even went so far as to say he would fire anyone who traded Bitcoin because “they are stupid.”

But not everyone’s so dismissive. Bitcoin has had a bullish run in 2017, rising from $966 at the start of the year to a record high of more than $6,000 this month, and some major holders of the currency are no doubt looking to cash in on its value. The names might surprise you. While Bitcoins allows for anonymity, using strings of letters and numbers to identify sources of transactions, certain people have publicly revealed that they’re enthusiastic users. Here are the people with the biggest known stakes in Bitcoin.

The Winklevoss Twins

You likely know Tyler and Cameron Winklevoss, who tried and failed to gain control of Facebook after alleging that it had been appropriated from them, thanks to Armie Hammer’s satirical portrayal of both siblings in The Social Network. But the Winklevii have a second act in their enormous Bitcoin investment. While they were shut out of creating a Bitcoin exchange traded fund (ETF), their 2013 investment in $11 million worth of Bitcoin (which reportedly amounted to one percent of all the currency in circulation) looks pretty rosy now. That same amount is worth approximately 21 times as much now, putting their total at about $231 million.

Barry Silbert (cryptocurrency maven)

Silbert, a venture capitalist and founder of Digital Currency Group, was an early proponent of Bitcoin. He reportedly nabbed 48,000 Bitcoins in an auction held by the U.S. Marshals Service in 2014 (the government had seized much of the currency from Silk Road, an online marketplace it said was used for illegal drugs). Bitcoin was then worth $350, which means Silbert’s haul has climbed about 16 times, from approximately 16.8 million to $268.8 million.

Tim Draper (billionaire venture capitalist)

Draper, a venture capitalist worth billions thanks in part to his early investment in Skype, made headlines for his purchase of 30,000 Bitcoins in 2014 from that same government auction. Then worth about $19 million, that stash would be up to $171 million now. Draper is clearly feeling optimistic about the digital currency market, as he’s gone on to back Tezos, a new cryptocurrency.

Charlie Shrem (Bitcoin early adopter)

Shrem is more infamous than famous. The entrepreneur got in on the early days of Bitcoin and was a member of the Bitcoin Foundation, which was supposed to protect the use of Bitcoin but has seen several of its leaders under criminal investigation. Shrem himself received a two-year prison sentence for charges related to money laundering. But he’s now back with a crypto-investment startup, and while he hasn’t disclosed exactly how much he owns in Bitcoins, he reportedly bought a few thousand back when they worth were little, and those would be worth several millions now.

Tony Gallippi (cryptocurrency executive)

Gallippi is the cofounder and chairman of Bitpay, currently the leading Bitcoin processor, and is said to be among the largest holders of the currency. While he hasn’t disclosed the exact value of his Bitcoin investments, estimates have put it around $20 million.

Satoshi Nakamoto (Bitcoin mastermind)

Nakamoto is the shadowy figure sitting at the heart of Bitcoin, which itself still confounds so many. After inventing Bitcoin with a 2008 white paper describing a software tied to digital currency, Nakamoto retreated from public life. People aren’t even sure if that is his (or her) real name. While one man came forward to say he was Nakamoto, online sleuths disputed the evidence. Theories abound as to who Nakamoto really is, but it’s clear they have a whole lot of Bitcoins at their disposal. A Bitcoin developer estimated in 2013 that Nakamoto had around 1 million Bitcoins. At a valuation of about $6,133 as of this writing, that would be theoretically worth an astounding $6.1 billion. A huge caveat here, though: If Nakamoto were to start selling off their entire supply of Bitcoin, it would rapidly drive down demand for the currency, and therefore the value of the holding.

Perhaps the biggest surprise of all is that Bitcoin, a software-based currency that’s supposed to be free of traditional currency restrictions, has already provided a lucrative payout for the federal government. As noted above, the FBI seized 144,000 Bitcoins while shutting down the Silk Road marketplace in 2013, which back then made it the owner of the biggest Bitcoin wallet (though not necessarily the entity with the most Bitcoins, as they can be spread across many wallets). The government then auctioned off the Bitcoins. collecting $48 million. It could’ve made a lot more money if it had waited on the sale, but Uncle Sam is still trying to get a piece of the Bitcoin action. The IRS has declared that digital currencies are taxable property, and is waging a legal battle to unmask Bitcoin users who haven’t been properly disclosing their capital gains and losses. Reports suggest that the vast majority of Bitcoin transactions go under the radar. That could mean potentially millions more for the feds to take as their own.

Meet the richest people in bitcoin and cryptocurrencies, who are worth more than $17 billion combined

Cameron and Tyler Winklevoss are the fourth-richest in the world of cryptocurrency. REUTERS/Brian Snyder

Forbes on Wednesday released its first-ever list of the richest people in bitcoin and cryptocurrency.
Most of the people on the list are the founders and CEOs of the biggest companies in blockchain, the technology underpinning cryptocurrencies like bitcoin.
They're worth more than $17 billion and as much as $24 billion, though that number fluctuates daily with price swings in the crypto market.

The life of a crypto-billionaire is stressful.

After unprecedented gains over the past year — driving bitcoin, ether, and Ripple's XRP up 1,300%, 8,000%, and 32,000% — cryptocurrencies have come back down to earth in recent weeks.

As of Friday afternoon, bitcoin was down 28% since late January. On Monday, bitcoin hit $7,000, down 64% from its all-time high of nearly $20,000 in late December.

And as of Tuesday, the total value of all digital currencies had dropped by 61% from its peak on January 7, to $320 billion from $826 billion.

While stories abound of regular people making fortunes in crypto, the world's richest in the space are primarily those making the pans and shovels in the digital gold rush.

On Wednesday, Forbes magazine released its first-ever list of the richest people in cryptocurrency, similar to its Forbes 400 annual list, which dates back to 1982. The values are estimates based on the price of cryptocurrencies as of January 19.

In his letter explaining why the magazine created the list, Forbes' editor, Randall Lane, said such transparency could help the crypto industry move out of its shadowy beginnings to financial maturity.

Meet the world's richest bitcoin billionaires:

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This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
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Yahoo needs to fix the problem with their app.

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i dont know what happened but i can not search anything.

Golf handicap tracker, why can't I get to it?

Why do I get redirected on pc and mobile device?

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Question on a link

Repair the Yahoo Search App.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.

I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.

I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.

This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.

Yahoo needs to fix the problem with their app.

Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.

I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.

Rise of Bitcoin Competitor Ripple Creates Wealth to Rival Zuckerberg

SAN FRANCISCO — The virtual currency boom has gotten so heated that it is throwing the list of the world’s richest people into disarray.

Consider what has happened to the founders of an upstart virtual currency known as Ripple, which has seen its value skyrocket in recent weeks.

At one point on Thursday, Chris Larsen, a Ripple co-founder who is also the largest holder of Ripple tokens, was worth more than $59 billion, according to figures from Forbes. That would have briefly vaulted Mr. Larsen ahead of Facebook chief executive Mark Zuckerberg into fifth place on the Forbes list of the world’s richest people.

Other top Ripple holders would have also zoomed up that list as the value of their tokens soared more than 100 percent during the last week — and more than 30,000 percent in the last year. The boom has turned Ripple into the second largest virtual currency, within striking distance of the original behemoth, Bitcoin.

The explosion in Ripple’s value over the past month is the starkest illustration yet of how the mania around Bitcoin has spilled over into a broader universe of virtual currencies. These coins — with names like Cardano, Stellar, and Iota — are generally new twists on the Bitcoin technology, which uses a decentralized network of volunteer computers to keep a record, known as a blockchain, of all transactions.

While most of these currencies were worth nearly nothing a year ago, many are now responsible for creating billionaires — albeit with rapidly fluctuating fortunes. If this is a tulip fever, the fever has spread to chrysanthemums and poppies.

Mr. Larsen’s soaring wealth sparked a few congratulatory messages on Twitter on Thursday, even if the value of Ripple — and his Forbes ranking — dropped later in the day. But his net worth, and the ballooning value of Ripple tokens, mostly drew comments about the irrationality of the virtual currency markets, which appear to be largely driven these days by the fear of missing out, or FOMO.

“This is beyond insane,” said Jeremy Gardner, an investor who previously worked at the virtual currency hedge fund Blockchain Capital, which invested in Ripple. “There’s absolutely nothing driving this rally except rampant FOMO, misinformation, and speculation.”

Ripple, whose tokens are known as XRP, is far from the only virtual currency being fueled by the hysteria. In 2017, there were 29 tokens — including Einsteinium and Byteball — that rose more than Bitcoin’s remarkable 1,600 percent jump, according to OnChainFx, a data provider.

Nearly 40 virtual currencies are worth more than $1 billion — when all the outstanding tokens are counted at their current value — despite many of them not having been used in any sort of transaction other than speculative trading.

Against this backdrop, Ripple could be considered a staid institution, though one with a colorful history.

Ripple was invented in 2012 by Jed McCaleb, a programmer who had created Mt. Gox, a Bitcoin exchange that later dissolved in disgrace. Mr. McCaleb designed Ripple as a faster and more efficient version of Bitcoin, without the mining process that Bitcoin uses to distribute new coins and secure the network.

Mr. Larsen joined Mr. McCaleb early on to create a company, also known as Ripple. The company helped develop an open source Ripple software that makes it possible to move money between digital wallets. The Ripple token is one of the currencies that can be transferred with the software.

Mr. McCaleb later left Ripple in an acrimonious divorce, though he retained a sizable number of Ripple tokens. His holdings were worth around $20 billion at Thursday’s prices, putting him close to 40th on the Forbes list. (The actual list is only published once a year, and no big virtual currency holders have been officially added.)

Mr. McCaleb has since created a competitor to Ripple, known as Stellar. Stellar has risen even faster than Ripple in recent weeks, with all outstanding Stellar tokens — known as Lumens — worth around $14 billion on Thursday, making it the seventh largest virtual currency.

In contrast, all the outstanding Ripple tokens were worth $140 billion on Thursday, while all Bitcoin were worth $250 billion.

Yet the fortunes of Mr. McCaleb and Mr. Larsen are not nearly as durable as those of other people on the Forbes list given that the value of virtual currencies fluctuates wildly. If Mr. Larsen wanted to access his wealth by selling Ripple tokens for dollars, it would likely drive down the value of Ripple tokens — and his riches.

Mr. McCaleb and Mr. Larsen did not respond to questions about the recent price increases.

Mr. Larsen was Ripple’s chief executive from 2012 until he stepped down last year to become the company’s executive chairman. During his tenure, Ripple focused on helping banks use its software to shift money between different foreign currencies, something that most banks currently do through a cumbersome process involving separate accounts in every country where they operate.

Ripple has said it has signed up more than 100 banks to use the company’s technology, including American Express and Banco Santander.

But banks do not need to use Ripple tokens for Ripple’s software to transfer dollars, euros and yen. That point appears to be lost on many small time investors who are buying Ripple tokens.

Most of the buying and selling of Ripple tokens is happening in South Korea, according to data providers that track virtual currency exchanges, where ordinary investors have thrown money at a wide array of virtual currencies.

Several virtual currency hedge fund investors said that they have talked to banks and heard about interest in Ripple’s software, but not its tokens.

“I’m not aware of banks using or planning to use the XRP token at the scale of tens of billions of dollars necessary to support XRP’s valuation,” said Ari Paul, a co-founder of the hedge fund BlockTower Capital.

Ripple has so far announced that one company, a Mexican money-transfer business, is planning to use the Ripple token.

Brad Garlinghouse, who took over as Ripple’s chief executive last year, said in an interview this week that other institutions are also using — or looking at using — XRP, but the company could not name them because of confidentiality agreements.

Mr. Garlinghouse said he thought the rising value of Ripple tokens was justified, given the company’s growth and the size of the foreign currency markets that Ripple wants to tackle.

“It’s clear that people increasingly understand that we are solving a very large problem,” he said.

Ripple has attracted the ire of Bitcoin fans because Ripple has a greater degree of centralized authority in Mr. Garlinghouse’s company, even though the Ripple software is open source. Bitcoin and other virtual currencies were designed to operate without companies or governments in charge.

But the company Ripple, if not the XRP token, has won a following among top figures in government and finance who are interested in bringing the ideas introduced by Bitcoin into the traditional financial system. The company’s board includes the former top financial regulator in New York state, Benjamin M. Lawsky, and Gene Sperling, who was the director of the National Economic Council under Presidents Barack Obama and Bill Clinton.

Still, even virtual currency analysts who believe in Ripple’s software have said there is a big difference between Ripple the company being successful, and Ripple the token gaining enough traction to justify current prices.

“An impossibly long list of things already needs to go right for XRP to become a reserve currency for banks,” Ryan Selkis, a virtual currency analyst, wrote in a post on Thursday.

But, Mr. Selkis added, that doesn’t mean Ripple’s price won’t keep ascending. Why? “Because this is crypto, and everyone in the industry is now slinging crack crypto cocaine to retail addicts,” he wrote.

Follow Nathaniel Popper on Twitter: @nathanielpopper