How many BTC do you need to become a Bitcoin kit?

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  1. KITKOIN MOVES TO 1 BILLION DOLLARS (94 504 BTC)
  2. HOW MANY BITCOINS DO WHales HAVE?
  3. COMMUNITY NOT DECIDED

Do you want to be a bitcoin whale? The amount of BTC you need to influence markets in the future may be significantly less than today.

KITKOIN MOVES TO 1 BILLION DOLLARS (94 504 BTC)

10 days ago, the bitcoin kit (yes, the mother of all bitcoin whales) threw 1 billion dollars into BTC in just one transaction.

It is clear that this amount of bitcoins in the transition from the largest non-exchange address has caused a wave of speculation - from Bakkt storage to a huge incoming dump.

Whatever the reason, you have to admit that moving that much money with one stroke of a whale's tail is pretty cool ... and a little scary.

Bitcoin whales have the power to move markets. According to a study by Dear this time last year, more than 55% of the world's circulating supply of bitcoin was controlled by less than 1% of all BTC wallets.

This means that a very small number of people have a very big influence on what happens to the BTC price.

But as one user pointed out on Reddit earlier, the number of bitcoins needed to be a BTC whale can change significantly over time.

HOW MANY BITCOINS DO WHales HAVE?

Reddit wrote:

10 years ago, if you had 10000 bitcoins, you are not a whale. You're just a pizza eater. Today I believe that if you hit 1000 BTC (maybe even less?), It will make you a whale. Is there a future where 100 BTC qualifies you as a whale? 10 BTC? Even one coin?

This, of course, is an interesting question, which, naturally, provoked a lot of interesting answers.

Some people believe that in the future, in order to become a bitcoin whale, you only need to have 0,28 BTC. Others disagreed, arguing that you would still need about the same amount as now.

Why? Because the ability to move the market “has nothing to do” with the US dollar value, but you have a percentage of the total supply.

However, according to some, this may not be the case. After all, they argue that your ability to influence the market does not depend on how much BTC you hold, but on "the total amount of liquidity available in the markets."

This means that the more people who own bitcoins, the less liquidity will be, and less BTC will have a greater impact.

COMMUNITY NOT DECIDED

It seems that the Bitcoin community does not have a clear answer to Redditer's question about how much BTC you will need to become a Bitcoin kit in the future.

The controversy flared up to no avail when others pointed out that 10K BTC could make a move if you moved it all; You would immediately stop being a whale.

Moreover, although 1 BTC may be extremely valuable in the future, it will never be able to move the market, since 1 / 21 000 000 

How many bitcoins will it take to become a whale? In future? Share your thoughts in the comments below.

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