The discussion started with this Twitter post:
It gave a false impression about reality. Purpose is to find cannon meat that would buy BTC so that others can sell at higher prices. The Twitter post gave the illusion that buying BTC is a good thing. But buying is not always a good thing. Sometimes buying is even a bad thing, watch the huge drawdowns we already had.
I said that almost nobody ever realized the illusion that was created by the Twitter post. I proved that with numbers and data coming from BTC websites.
I downloaded the available addresses to see at what date they were created. I have now 9899 addresses with a lot of information.
From these 9899 addresses only 84 were created in 2009 or 2010. So that are the only ones that could theoretically do what the Twitter post insinuated. So 0.85% of the 9899 addresses might have done that. The 9899 addresses that I have represent more than 58% of all bitcoins and include all addresses bigger than +- 250 bitcoins. The average size of the millions of addresses that I don't have is 0.47612813 bitcoins. These small addresses are surely not the ones that started in 2010 because their value would in that case be much more than the value of 0.47612813 bitcoins.
Crypto pumpers now deviate the discussion to the number of addresses as they cannot proof my calculations are wrong. Johnarb is a pumper with a hidden agenda. He is liking hundreds of posts, just for the fact that these posts write positive about BTC. Many of these posts are of a mediocre level and Johnarb is most of the time the only one who likes these posts, which proof the poor quality or even the irrelevance of the post.
