Post
Topic
Board Economics
Re: Distribution of bitcoin wealth by owner
by
jl2012
on 24/10/2013, 16:43:37 UTC
18,741.71395637XBT are verifiably lost ( https://docs.google.com/a/ij.hk/spreadsheet/ccc?key=0Ahdy3Je_nYdOdFVocm4yTzhZOW1waWd6SFJIVHUwYUE&usp=drive_web#gid=0 ). You should deduct it

It's pretty sure that Satoshi owns/owned 1M  ( http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/ ). Whether he has lost the private keys or not is irrelevant. You should deduct this amount.

The twins said they own 1% (http://www.businessinsider.com/the-winklevoss-twins-bitcoins-2013-4). Whether it means 108k or or 210k is a bit vague.

Loaded ( https://bitcointalk.org/index.php?action=profile;u=73652 ) of this forum owns 40k. Recently he had moved his coins to a new address but I guess he is still exclusively holding it.

Any other known big holders?



TL;DR:  At present only 80,000 people in the world (1 in every 20,000 people with the capability to do so) have a bitcoin holding valued at least $1,000.

The intent of this thread is to find out and update the statistic on how bitcoins as investment/holdings are distributed according to the size of actual holding (note that this differs from the largest addresses -list).

The intent is not to try to identify individual holders or the size of their holdings.

Assumptions and conventions:
- Bitcoins are overwhelmingly controlled by individuals (ie. no significant corporate/public sector holdings exist); if bitcoins are held by an institution, they are credited to the beneficial owner(s)
- The brackets are logarithmic; the highest bracket is BTC10,000+, second highest is 1,000-10,000, etc.  

The consensus is as follows:

22. Oct 2013:

#People#Bitcoins#TotalBitcoins
100BTC10k+5.5M
900BTC1k-10k2.9M
5000BTC100-1k1.6M
31kBTC10-1001.0M
167kBTC1-100.5M
1MBTC0.1-10.3M
3MBTC0-0.10.0M

Total: 11.8M bitcoins, 4.2M owners
80,000 people own bitcoins that are valued at more than $1,000 (BTC5 or more).

Thread is self-moderated to retain readability; user content will be amalgamated to the table and possibly deleted. If this happens, don't take it personally.