Why those OG's didnt sold their bitcoin? Case to case basis

If someone do still have access to their coins then its simply;
• They do tend to hold forever whether for Profit reason or for its utility or showing the support
• Target price hadnt met yet
• They dont need money yet? 

For those dormant accounts or doesnt have any activity since.

• Lost keys?
• Dead owner
• Totally forgotten that they have Bitcoin

If i were you, then it would be just that better if you dont mind much about those non touched coins or wallets.
We dont know on what happened into their respective owners. One things for sure though that if the time comes that they would
be having access or getting in touch with their coins then its neither they would be selling off for profits likely.

What if I mined or bought 1000 bitcoin and they are in 5 addresses and on 5 different wallets. Assuming 800 bitcoin is in 4 addresses and wallet and I sold it and it remains just 200 bitcoin on one addresses or wallet. People can say I have not sold bitcoin before because my last wallet has not sold bitcoin but that does not mean that I myself have not sold bitcoin before. You can not link all the owners of bitcoin to all their addresses and wallets.

Apologies to be blunt, but I believe the answer falls something along the lines of:  "None of your business".

When it's your money, you can wonder about what to do with it.  If it's not yours, then what the owner is or isn't doing with it is of no concern to you.

hoarding since 2012

my reasons:
dont need the lump money yet(think retirement fund)
i support bitcoin
i see bitcoin has longevity so no need to "get out early"

that said i do take very small % of holdings out for my yearly living expenses. but thats small fry.
if i was to take the hoard. there are tax implications so for now i just enjoy my life, travel the world and when i want to settle in a place of better climate(tax haven) and do my own thing. then ill think about selling it all.. but no time soon. there are decades to go in my bitcoin life

The major reason that comes to my mind whenever I think of this topic is “lost” it could be that the owner of those bitcoin has lost their private keys and as a result they are unable to access their bitcoin or some of them have lost their life and as sad as it may sound it could be the reason.

They have been articles where some people realised that they were involved in something that has now become relevant and will be able to fetch them a huge sum of money if they go back and retrieve theirs but unfortunately for them they’re not able to remember where or how they kept it and that’s what most likely happened to some bitcoin that have been in a wallet since they were sent there when it had no value and now that it has value they are not able to access it.

That’s just my personal guess, but as others have mentioned it could be that they are just keeping it there for the right time and are hoping it gets to a certain target before they finally move it out and sell.

Lol, I think you have dealt with people like franky so much that you forget to snap out of your defensive mode. What if OP is just a curious teenager wondering  and trying to learn?

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@OP, the answer is : because they are gold hoarding dragons, and they love the sound of coins when they dive into the pools of coins.😉

Bitcoin addresses are like transparent vaults, everybody can see them, if all the bank accounts in the world were the same, you could see the same for millions of people not touching their money, gold etc.

Yeah, you said pretty much everything that needs to be said.


...but one reason why OG's are not hoarding Bitcoin and not selling it is for making a profit. Each halving was an opportunity to sell the stash and secure a nice fortune for themselves - not saying there are no OGs who are like this but it is highly unlikely that this not what most of them are doing. On the contrary, this sounds like more like something the newcomers would do.

They are holding for so many reasons that me be personal to them, as we all know, bitcoin investment is a profitable thing to do and holding it over time will help in making this happen, though most of them never know this that bitcoin would have reached this far in market price, they only hodl to have an asset that could help them fall back to in the future, we can also make our own personal decision on bitcoin Investment to buy now and hold for the future to come for our own era of opportunities with bitcoin when we hodl.

Because they're in it for the long haul. We believe Bitcoin's got serious growth potential down the road, kind of like digital gold. Some see it as a hedge against inflation or are just tech enthusiasts excited about blockchain's possibilities. Plus, there's the whole limited supply thing where theres only 21 million Bitcoins to go around and it is creating a scarcity that could drive up prices. Its the HODLers that are keeping their Bitcoin where it is.