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Do OG bitcoiners have too much bitcoin? Or should they stop selling their bitcoin so they have more?

Published October 31, 2025
Joel Bomgar
by Joel Bomgar
YouTube Video Transcript
Gee, Bitcoiners have too much Bitcoin or should they stop selling their Bitcoin so they have more of it? Because it can't be both. Interestingly, I hear people constantly, not constantly, but people regularly pipe up and they're like, "Og Bitcoiners, original OG Bitcoiners have way too much Bitcoin. They got in early. They have too much." Which is not true. I've talked about that on various videos why early Bitcoiners have a lot less Bitcoin than you would think they do. because most of them sold it after it doubled, tripled, quadrupled, or went up 10x in value. And they thought they were smart because they had gotten a lot of upside between a $1 and $10. Uh or they got it hacked or it got scammed or, you know, they lost the keys cuz back then you could do that even though that doesn't happen anymore. Uh but OG Bitcoiners have a lot less than people say, but now and then people still pipe up and they say, "OGG Bitcoiners have too much Bitcoin and it's not fair and all that sort of stuff." Well, the truth is everybody gets Bitcoin at the price they deserve. So those OG Bitcoiners deserve a cheaper price that they bought it at because they recognized the monetary revolution before the rest of us did. So good for them. It means you get to buy more Bitcoin. And when you can buy Bitcoin right now for $111,000, it also means good for you. You're going to buy Bitcoin a lot cheaper than a lot of people in the future. Even if you don't feel like an OG Bitcoiner right now, at some point someone in the future will say it's not fair because you got more Bitcoin for your dollar than they're getting for their dollar. Well, at the same time that some people are worried that OG Bitcoiners have too much Bitcoin, another group of people on the internet is complaining that the price would be a lot higher if OG Bitcoiners would just stop selling their Bitcoin. Uh because one of the main reasons right now that the price is not above $111,000 is because OG Bitcoiners are selling their Bitcoin. the Bitcoin the price would be a lot higher if all of this incoming demand for Bitcoin was not able to be offset or was not being offset by OG Bitcoiners selling 5% or 10% of their Bitcoin or 1%. But again, it can't be both. You can't say that bit OG Bitcoiners have too much Bitcoin and also complain that they should stop selling their Bitcoin so that they have more Bitcoin so that the price will go up. It's one or the other. If OG Bitcoiners are selling, the total supply of Bitcoin is becoming more evenly distributed around the world. But if OG Bitcoiners stop selling, that means they keep more of the Bitcoin and the price goes up. So the truth is OG Bitcoiners own exactly the amount of Bitcoiners Bitcoin that they should own based on how early they were and how much capital they had to allocate. They own what they should own. They also have every right to sell however much of it they want to sell at any given time because it's their Bitcoin. That's the nature of money. You get to use it however you want and nobody else should be able to tell you what is a good uh time to use it or a bad time to use it or anything else. So people should stop complaining. Uh it's totally fine if OG Bitcoiners are selling their Bitcoin. Great. The rest of us can can buy it for cheaper. And if OG Bitcoiners have a lot of Bitcoin, well, good for them. It means they were early. They got Bitcoin at the price they deserve, which happens to be cheaper than today. But all of that's fine. It's a free market system. Uh most people are not complaining that people got in early for Tesla or Amazon or Microsoft or Google. People don't run around complaining that it's not fair that some people bought the stock a lot cheaper than other people because everybody understands you bought Amazon stock when you bought Amazon stock or Apple stock. Anybody could have bought it cheaper. Apple's been a publicly traded company for like 40 years. Anybody could have bought Apple stock way cheaper than now. But some people did and some people didn't. And that's totally fair. And if the price of any of those stocks is not going up as fast as you want because some of the people who bought it way way way back are selling it. So what? They have every right to do that. It's totally fine. So OG Bitcoiners have the right amount of Bitcoin. OG Bitcoiners have the right to sell exactly however much they want. Supply and demand will work out in the end. In the meantime, enjoy the fact that you can buy Bitcoin for a lot cheaper than you would be able to buy Bitcoin if everybody was hunkered down and not selling it to you. Enjoy that opportunity. Acquire as much as you can. And it's that simple.

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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