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Bitcoin => Bitcoin Discussion => Topic started by: AliceWonderMiscreations on January 17, 2016, 10:07:03 PM



Title: Trivia question regarding bitcoin usage
Post by: AliceWonderMiscreations on January 17, 2016, 10:07:03 PM
How many addresses currently have value and what is the median value in a bitcoin address that currently has value associated with it?

I'm sure that is calculated somewhere...


Title: Re: Trivia question regarding bitcoin usage
Post by: pedrog on January 18, 2016, 09:57:01 AM
Check this topic:

Distribution of bitcoin wealth by owner  https://bitcointalk.org/index.php?topic=316297.0


Title: Re: Trivia question regarding bitcoin usage
Post by: pawel7777 on January 18, 2016, 10:43:10 AM
Check this topic:

Distribution of bitcoin wealth by owner  https://bitcointalk.org/index.php?topic=316297.0

This thread is a bit outdated, I think this source could be better (although not live-updated):

http://www.bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=390000

But it's worth to note that 1 address doesn't equal 1 person (bitcoin user).


Title: Re: Trivia question regarding bitcoin usage
Post by: AliceWonderMiscreations on January 19, 2016, 03:07:39 AM
I'm not looking for per person, I am just looking for the median value in an address.


Title: Re: Trivia question regarding bitcoin usage
Post by: pedrog on January 19, 2016, 09:13:36 AM
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.


Title: Re: Trivia question regarding bitcoin usage
Post by: pawel7777 on January 19, 2016, 09:25:40 AM
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did you come up with this figure?

If anything, it looks like an arithmetic average, OP was asking for median (middle value in a set of data). If the source I posted above is correct, over 97% of addresses with balance contain less than BTC0.001, so median will be somewhere in this bracket (0-0.001).


Title: Re: Trivia question regarding bitcoin usage
Post by: pedrog on January 19, 2016, 09:48:02 AM
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did come up with this figure?

If anything, it looks like an arithmetic average, OP was asking for median (middle value in a set of data). If the source I posted above is correct, over 97% of addresses with balance contain less than BTC0.001, so median will be somewhere in this bracket (0-0.001).


You're right, I've read it wrong.