Replies to post #4934 on Microelectronics Technology Co. (fka MELY)

[BIGMONEYPLAYA]

WOW!!! You've done your homework!!! Thanks for that info!!!! I definitely see pennies by the 18th of this month!!!

[piton98]

Mybigcoin?

[egus]

Good stuff

[seth_davis]

Great post! Thanks for the insights.

[fortunegirl07]

You're an asset of this board. Thanks for your hardwork. I'll add a little bit more tomorrow. :)

[Already made it]

Great DD here. Hope to hear from you more on this board. Also you bring a lot of knowledge here. Hope your still an investor.

Looking for a great day on Monday! MM's have been trying to hold it down Thursday and Friday last week. I hope we can get through their amount of shares and run up all week!

First MM Resistance is .003
Second MM resistance is .0036

Blue sky breakout after .005 IMO

[BTCGoat]

as of now only 12.6 Mil bitcoins are in circulation and will reach a full maturity of 40 Mil coins by the year 2140, 6 Bill population, if only 2% of the world currency will be infused in Bitcoin, it will push the value of one coin to $700K.

Having ONLY 2.5 Million Wallets with BTC in them when we have a population of 6+ billion on earth...am I missing something here??

2,500,000 / 6,000,000,000 x 100 = 0.042% of the world currently hold a meaningful amount of btc.

So who owns how many bitcoins?
First things first, around 31 million transactions have taken place in bitcoin’s history. That seemed a little low to me to begin with, but it starts to look more reasonable in the light of other findings.

More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.

So that means an absolute maximum of around 2.5 million people own bitcoins right now. But approximately half of these addresses have very, very small amounts of bitcoin in – what is termed ‘dust’, or less than one millibit (0.001 btc). The total balance of all of those 1.2 million addresses is only 121 bitcoins, which means they each hold an average of just 0.0001 btc. In dollar terms and at current values, these 1.2 million ‘dust’ addresses hold a maximum of $0.80 and an average of $0.08.