Quote from: kryptqnick on February 23, 2019, 03:09:49 PM

Quote from: Farul on July 20, 2018, 10:36:30 AM

Quote from: BrewMaster on July 19, 2018, 02:20:16 PM

Quote

4. 90% Bitcoin On The Circulation Is Owned By 1% Richest Address

nonsense again.
even if you purely look at rich lists the addresses having large amounts don't even reach 40% of total supply not to mention that majority of those addresses belong to exchanges and services not persons.

2. Source
I Said 1% of The Richest Not Top 100
Yes,You're Right,Majority Of Those Address Belong To Exchange,And Service
But,On The Post I Said "ADDRESS"

Okay, there are 32 million bitcoin wallets. Would you agree if we say it's 32 million bitcoin addresses? If you do, then 1% is 320k addresses/wallets, right? Let's take the source you quoted, I also trust this one. Turns out that you are right, 1% of addresses do own around 90% of coins.. But hey, 320k is a significant number, so I don't think it leaves room for some global conspiracy, while when you put it in percentage it really sounds plausible. And I agree with BrewMaster that you messed up with pre-mined bitcoins (no such thing). The overall list is pretty cool, though, so I'll give you a merit as well.

We also have to take in consideration that every person own multiple bitcoin adresses. So probably that those people that are included in the 1% in reality have 10% of the existing bitcoin adresses or even more since there are people who have even hundreds of adresses in their wallets. So this fact 90% Bitcoin On The Circulation Is Owned By 1% Richest Address is not entirely true.