Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ibian
on 17/01/2018, 20:01:45 UTC
About 40 percent of bitcoin is held by perhaps 1,000 users

Got any data to go with your wild assertion?

Not that I think you're _wrong_, mind you. I just think you're spouting nonsense. I bet you never questioned where you heard that 'statistic'. amirite?
Well, if the pareto principle applies to bitcoin holdings, then the square root of bitcoin users hold half the coins. And the square root of those people hold half of their coins. Go from there.