Post
Topic
Board Economics
Re: Distribution of bitcoin wealth by owner
by
Rassah
on 29/10/2013, 16:16:19 UTC
So I would estimate the current number of bitcoin users at 1,500,000 at the bare minimum, and more likely closer to 2.9 to 3.25 mil.

That was also my original estimate, but it is unrealistic because then most of the accounts would need to be too small to be bothered.

None who reads this has a small bitcoin balance, but do you even know of people who have, say, less than BTC1?

I knew at least 4 who have just BTC1. Some of them wanted to see what it was and just bought BTC1 to play around with, others got BTC1 on a paper wallet as a gift and still have it. Not sure about those who have less than 1BTC. I suspect there may be a few newbies with that amount, if they were only comfortable putting about $100 into it to start.