Quote from: Anacronix on January 19, 2014, 07:18:27 PM

OMFG ... SLELL all of it . It is going to $10 !! Shocked

Interesting and worrisome article. Their research showed (see newspaper image above) that 47 people own 29% of all bitcoins and that 930 people own 50% of all the bitcoins. Mark Williams is a Boston University Finance Professor so it's confirmed that he did his due diligence and we can take everything in that newspaper article as fact, especially since one of the sources is Forbes.

But now look at this completely independent thread form Risto. Here Risto uses advances techniques such the Pareto principle and other sophisticated deductations to also definitively conclude the exact same thing! In fact, both of their methodologies are so precise that they both estimate exactly 47 people control 29% of the BTC. Not 46 or 48 but 47. These guys are that good.

Quote from: rpietila on October 22, 2013, 06:30:06 PM

3. Dec 2013

#People	#Bitcoins	#TotalBitcoins
47	BTC10k+	3.5M
880	BTC1k-10k	2.6M
10k	BTC100-1k	3.0M
63k	BTC10-100	1.8M
210k	BTC1-10	0.6M
350k	BTC0.1-1	0.1M
350k	BTC0.01-0.1	0.0M
210k	BTC0.001-0.01	0.0M

So, Risto says that 47 people control 3.5M of the 12.1M coins. 3.5M / 12.1M *100% = 29%. These are the "47 powers" that control 29% of the BTC that Williams stated "collaborated to push up the prices to where they are today."

Risto says that 47 + 880 = 927 people control 3.5M + 2.6M = 6.1M. And 6.1M / 12.1M = 50%. And the newspaper article above states that 930 people control 50% of all the coins. Coincidence? Obviously not.

So, we can clearly conclude two things:

1. Risto's deductive reasoning is literally amazing. He was able to essentially guess the exact wealth distribution of bitcoin which has now been verified by multiple independent sources.

2. Prof Williams used advanced methodology from the Science of Economics, and sources including Forbes, to independently come up with precisely the same top-heavy distribution. Using this same methodology, he was also able to show that exactly 47 people colluded to push up the price.

3. We have confirmation that we indeed have confirmed the precise wealth distribution on an individual-by-individual basis in bitcoin. This is obviously the beginning of the end of bitcoin.