Re: Interesting information about the distribution of bitcoin.
Tanks for the constrictive comment, it would be my pleasure to answer it:
and i can't help but notice the numbers you quoted don't even amass to 2 million let alone 5.
You mean the "six largest bitcoin holders don't even amass to 2 million "? that is the biggest known bitcoins holders that I found in the net, I am sure that there might be bigger holders, but their identity is unknown, I added them just as an interesting fact to know.
One thousand it is the investors which has big amounts of bitcoins in their wallets, they have got 5 million, the rest 2,4 million belongs to small investors, that are holding a little amounts of BTC.
I learned from the study conducted by the chainalysis that Five million bitcoins (one third of available supply)
and i can't help but notice the numbers you quoted don't even amass to 2 million let alone 5.
You mean the "six largest bitcoin holders don't even amass to 2 million "? that is the biggest known bitcoins holders that I found in the net, I am sure that there might be bigger holders, but their identity is unknown, I added them just as an interesting fact to know.
Quote
7.4 million in total long-term investment.
now i am confused. you said 5 million now you say 7.4? what am i missing here.One thousand it is the investors which has big amounts of bitcoins in their wallets, they have got 5 million, the rest 2,4 million belongs to small investors, that are holding a little amounts of BTC.
ok that clarifies things. but now the problem is that among those 1000 you have no way of knowing who owns what. i may possess 100,000BTC but i spread them around. 10,000 on different exchanges to manipulate the market (so the exchange cold storages should show a higher price) 10000 in a business i run. the rest i spread among multiple addresses so that nobody knows any better.
or the opposite, i run a business (like Coinbase) and i handle hundreds of thousands of accounts with a lot of bitcoin. i put them in one cold storage address. am i a holder in that 1000 you mentioned?
how do you differentiate these two?
Quote
1. Satoshi Nakamoto - 1 000 000 bitcoins, which are still untouchable.
I did not know that, you mean that there in no one address with 1 000 000 bitcoins on it? There is many, which thought to belong to Satoshi?
what happened is that we know Satoshi was mining bitcoin from day 1 and continued doing it for a long while. so some people started calculating like this:
(50BTC block reward * 144 block/day * X days) - (the coins that others were mining) = 1 million BTC
we don't know how long he mined, we don't know who else was mining and how much so the result is a guess at best.