"21 Million Club": Why Every Bitcoin Investor Wants To be a Member of This Exclusive Network

in #cryptocurrency6 years ago

Bitcoin is having a good year. On January 2, the cryptocurrency first reached a value of $ 1,000, on December 7, the price per coin had risen to nearly $ 17,000.

Rising prices (and the ensuing cryptocurrency frenzy) has led many people to invest in Bitcoin as well.

The hype surrounding the currency has also spurred users to set a clear benchmark for ownership of Bitcoin - with only 21 million Bitcoins ever in circulation: the exclusive "21 Million Club".

Members of this club own at least one Bitcoin. They are part of a special group that accounts for just 0.3 percent of the world's population (because some investors own hundreds or even thousands of bitcoins).

In a Reddit/Bitcoin, users share their stories of how they made it into the 21 million club, how they're going to get it in, or how much they regret not investing earlier than their budget would have allowed.

Some Reddit users complain about not getting in earlier. Now they are forced to buy only small fragments of a coin - for sums that would have given them a whole coin or more just a year ago.

Formally, this club does not exist. The membership is purely symbolic. But for those who have taken a small slice of the cake of the gigantic Bitcoin fortune, this demarcation is a reason to be proud.


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Much more interesting is the 21 Bitcoin Club. There only can be a maximum of one million members in this club. Because many coins get/got lost and because some people hold way more than 21 Bitcoin and still earn more, the number of possible members shrinks every day. THIS is the real club you want to be a member of :-D

Haven’t thought about that :-)

Thanks for sharing
Good post friend @tradewonk
Friend plese help me
Upvote my post

My pleasure

Thank you for sharing with us. This is so helpful :)

No problem

An interesting story, as always with joy she read it. I'm not very sorry that I did not invest in bitcoats when he was 2700 dollars. After all, I then practically did not have the resources. It was then that I invested in Steemit and I'm very happy about it. Good luck to you and good.