Distribuition of bitcoin balances from whales to minnows.
Here is the data for bitcoin wallet size changes in the month to 19 October 2017. As you can see, the whales were net sellers in the last 30 days, whilst the man-in-the- street was a net buyer.
Whilst the largest bitcoin holders appear to have acquired coins in the last month, these are most likely the coins owned by an exchange. The amount of bitcoins held in wallets with less than 100 bitcoins has increased.
For those interested in the raw data, here it is. The main conclusion to draw from the below is that the average Joe is a net buyer of bitcoin. His needs were filled by whales selling and newly mined bitcoins.
my friend, if you need a gif,of your baby, take a video and upload to a youtube and give me the link, i do it.
Hi Marsella, I sent some pictures and video by Telegram at the weekend. I hope you received OK.
I am working, successfully received files. the baby is beautiful. it looks good.
Thankyou @marsella-2017. I will try to find the best video in the coming days, and put it on youtube. Maybe next weekend.
I wonder if this recent message by me helped your wife earn a lot of money for her « duck » video:
https://steemit.com/french/@heymattsokol/the-steem-translation-ecosystem-could-we-become-the-most-multi-lingual-community-on-the-web#@swissclive/re-heymattsokol-the-steem-translation-ecosystem-could-we-become-the-most-multi-lingual-community-on-the-web-20171022t101707951z
Dear friend @swissclive, we value what you are doing for us. all the support he has given us, I saw his message in the @heymattsokol publication but it was not the user who gave the vote to my wife, it was @blocktrades (a whale) thank God and voted 3 posts but the curators take a big part of the payment.
Very interesting view of the BTC distribution. Thanks for sharing.
Two possible conclusions. Whales getting out and new minnows is a peak.
Or whales selling some BTC to diversify their financial positions, and more minnows getting in is a good thing, to diversify the base of holders
This is exactly as what i wrote in my post before few hours back, without using these charts from my experience :
https://steemit.com/bitcoin/@red-rose/bitcoin-passes-usd-6100-before-1-hour
the gurus ( whales ) are selling bitcoin with big advertisement to the goats ( normal man), then when the normal man can not buy more, with fear an panic against the greedy, he will begin to panic then he will begin to sell by lower prices to whom ... to the gurus.......
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