Post
Topic
Board Economics
how many bitcoin is left in ordinary ppl's hand?
by
chainofzee
on 16/02/2021, 22:46:05 UTC
with all these huge bitcoin purchases by corporations, i was wondering how many bitcoin is left in ordinary ppl's hand and i made an assumption which ended up w/ this number:
7,137,213 bitcoins + 900 (newly mined per day)
is this method proper for a close guess?

bitcoin_in_circulation= 18,630,338

nakamotos= 1,100,000
#https://www.buybitcoinworldwide.com/satoshi-net-worth/

lost= 4,000,000
#https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/

whales= .4 * bitcoin_in_circulation = 7,452,135
#2231 people owning addresses with more than 1,000 btc which is 40% of the market
#https://www.businessinsider.com/bitcoin-whales-the-key-facts-figures-you-need-to-know-2021-1?international=true&r=US&IR=T

in_corps_hand= 1,267,652 +  42,000 + 1000= 1,310,652
# https://bitcointreasuries.org/ + tesla estimation + assumption of small bizs

total= 13,862,787

total_bitcoin= 21,000,000

rest = 7,137,213


blocks_mined_per_day= 144
bitcoin_produced_per_day= 900


https://blog.jeeb.io/wp-content/uploads/2021/02/how-many-bitcoin.png