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Title: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 07:21:04 PM those 11 millions btc out so far: what is the distribution pattern?
are there guys with more than 100 k btc? how many ? there must bei guys with 10 k btc, how many? more than 50 ? how many guys carry 1 k btc ? how much does the majority of owners have ? 100 to 500 btc ? if one comes up with figures, please explain. Title: Re: how are the bitcoins distributed within the community? Post by: Kazu on April 07, 2013, 07:22:26 PM those 11 millions btc out so far: what is the distribution pattern? I've totally missed the boat if tons of people own 1k btc... I don't even hold half that :|are there guys with more than 100 k btc? how many ? there must bei guys with 10 k btc, how many? more than 50 ? how many guys carry 1 k btc ? how much does the majority of owners have ? 100 to 500 btc ? if one comes up with figures, please explain. Title: Re: how are the bitcoins distributed within the community? Post by: zoinky on April 07, 2013, 07:23:12 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people.
But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Title: Re: how are the bitcoins distributed within the community? Post by: Kazu on April 07, 2013, 07:27:01 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Doesn't Satoshi own over 1M coins? Title: Re: how are the bitcoins distributed within the community? Post by: zoinky on April 07, 2013, 07:33:03 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Doesn't Satoshi own over 1M coins? If he does, then he deserves them. And I have a feeling he'd understand how to handle them without messing with the market. I don't think they could be in better hands. Title: Re: how are the bitcoins distributed within the community? Post by: Anon136 on April 07, 2013, 07:35:42 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Doesn't Satoshi own over 1M coins? If he does, then he deserves them. And I have a feeling he'd understand how to handle them without messing with the market. I don't think they could be in better hands. +1 good for you satoshi, may your wealth outshine the rothschilds Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 07:44:15 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. no, my post is not about being envious. i am perfectly happy with everyone owning tons of them as long they were not stolen. everyone who has btc deserves them. i would just like to know how evenly btc is distributed. bell curve ? but where is the peak ? Title: Re: how are the bitcoins distributed within the community? Post by: Anon136 on April 07, 2013, 07:45:46 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. no, my post is not about being envious. i am perfectly happy with everyone owning tons of them as long they were not stolen. everyone who has btc deserves them. i would just like to know how evenly btc is distributed. bell curve ? but where is the peak ? that would be a very interesting chart to see if it was possible to create it. unfortunately it isnt possible. Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 07:55:53 PM there was a recent poll of people holdings in this forum
Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 08:10:42 PM there was a recent poll of people holdings in this forum link? Title: Re: how are the bitcoins distributed within the community? Post by: Luckybit on April 07, 2013, 09:31:48 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Doesn't Satoshi own over 1M coins? If he does, then he deserves them. And I have a feeling he'd understand how to handle them without messing with the market. I don't think they could be in better hands. +1 good for you satoshi, may your wealth outshine the rothschilds If he has 1 million coins or if anyone does then that is bad because it's inefficient. Title: Re: how are the bitcoins distributed within the community? Post by: moog_bit on April 07, 2013, 09:35:07 PM there was a recent poll of people holdings in this forum link? The poll I put up? It's pretty interesting so far. https://bitcointalk.org/index.php?topic=167050.msg1743067#msg1743067 (https://bitcointalk.org/index.php?topic=167050.msg1743067#msg1743067) Title: Re: how are the bitcoins distributed within the community? Post by: Kazu on April 07, 2013, 09:38:15 PM Theres lists around showing populated addresses, but from there you can't really derive much. The same person could own all the 10k addresses lying around. I like to think that the system has naturally weaved large holders out and theres only a few people that have close to 100k or more. If only 2-5 people. But it really doesn't matter who has how many coins. Being envious of someone else's riches is a waste of time. Doesn't Satoshi own over 1M coins? If he does, then he deserves them. And I have a feeling he'd understand how to handle them without messing with the market. I don't think they could be in better hands. Holy shit, the guy's made over $100 million from this :| But yea, he deserves it :) Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:00:50 PM those 11 millions btc out so far: what is the distribution pattern? are there guys with more than 100 k btc? how many ? there must bei guys with 10 k btc, how many? more than 50 ? how many guys carry 1 k btc ? how much does the majority of owners have ? 100 to 500 btc ? if one comes up with figures, please explain. This should shed some light. http://eprint.iacr.org/2012/584.pdf (http://eprint.iacr.org/2012/584.pdf) very interesting article ! ty Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:02:13 PM there was a recent poll of people holdings in this forum link? The poll I put up? It's pretty interesting so far. https://bitcointalk.org/index.php?topic=167050.msg1743067#msg1743067 (https://bitcointalk.org/index.php?topic=167050.msg1743067#msg1743067) thumbs up ! nice poll. Title: Re: how are the bitcoins distributed within the community? Post by: ajk on April 07, 2013, 10:04:25 PM i got more than 5k
Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:06:00 PM I wasted over 5k BTC to BFL for equipment never received to date. ???
Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:11:43 PM Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:14:32 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? if they deliver youŽll be into some heavy mining i guess. no refunds? Title: Re: how are the bitcoins distributed within the community? Post by: Crazy on April 07, 2013, 10:16:54 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? Wow. $800k mining equipment. How long do you think it would take to recoup 5k BTC with it even if it did come?Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:17:11 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? if they deliver youŽll be into some heavy mining i guess. no refunds? and they wont refund in BTC, only the original USD that was purchased. But when you see what 5k BTC is worth today, it makes me sick. Hopefully the sickness is temporary :) Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:18:47 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? Wow. $800k mining equipment. How long do you think it would take to recoup 5k BTC with it even if it did come?Title: Re: how are the bitcoins distributed within the community? Post by: Krabby on April 07, 2013, 10:19:29 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? if they deliver you´ll be into some heavy mining i guess. no refunds? and they wont refund in BTC, only the original USD that was purchased. But when you see what 5k BTC is worth today, it makes me sick. Hopefully the sickness is temporary :) Oh man, this is why I feel bad when spending BTC >.< I wish you good luck in the future. Edit; What did you actually buy out of curiosity? ^.- Title: Re: how are the bitcoins distributed within the community? Post by: ajk on April 07, 2013, 10:19:55 PM should have paid cash and kept the bitcoins
also a big reason why i think we are moving up, Sellers remorse as we see above! Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:22:47 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? if they deliver youŽll be into some heavy mining i guess. no refunds? and they wont refund in BTC, only the original USD that was purchased. But when you see what 5k BTC is worth today, it makes me sick. Hopefully the sickness is temporary :) Oh man, this is why I feel bad when spending BTC >.< I wish you good luck in the future. Edit; What did you actually buy out of curiosity? ^.- Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:24:21 PM should have paid cash and kept the bitcoins Imagine the 10k bitcoin pizza guy lol also a big reason why i think we are moving up, Sellers remorse as we see above! but seriously we are still in infancy. These huge swings hopefully wont exist in future when the btc economy grows and stabilizes. Title: Re: how are the bitcoins distributed within the community? Post by: ajk on April 07, 2013, 10:28:02 PM ya I bring up that example all the time I hope it was at least bacon,
your situation is a bit different sorry to hear about it hopefully the bastards fulfill their end of the deal we are still quite in infant stages but most definitely in uncharted territories as many articles are saying we've come this far though and honestly it seems like the sky is the limit Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:31:52 PM those 11 millions btc out so far: what is the distribution pattern? are there guys with more than 100 k btc? how many ? there must bei guys with 10 k btc, how many? more than 50 ? how many guys carry 1 k btc ? how much does the majority of owners have ? 100 to 500 btc ? if one comes up with figures, please explain. This should shed some light. http://eprint.iacr.org/2012/584.pdf (http://eprint.iacr.org/2012/584.pdf) very interesting article ! ty Table 2. The distribution of the accumulated incoming BTC's per entity and per address Larger or equal to Smaller than Number of entities Number of addresses 0 1 893,763 1,497,451 1 10 389,302 698,132 10 100 881,273 1,206,209 100 1,000 255,826 285,820 1,000 10,000 36,713 38,484 10,000 50,000 3,593 3,723 50,000 100,000 181 190 100,000 200,000 55 50 200,000 400,000 30 29 400,000 800,000 76 129 800,000 4 1 taken out of : Quantitative Analysis of the Full Bitcoin Transaction Graph Dorit Ron and Adi Shamir http://eprint.iacr.org/2012/584.pdf Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 10:41:31 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? Wow. $800k mining equipment. How long do you think it would take to recoup 5k BTC with it even if it did come?i wish you all the best. i am in with only a single 60GH and got a bit nervous. iŽd be getting nuts... Title: Re: how are the bitcoins distributed within the community? Post by: bitarrow on April 07, 2013, 10:42:35 PM I wasted over 5k BTC to BFL for equipment never received to date. ??? Wow. $800k mining equipment. How long do you think it would take to recoup 5k BTC with it even if it did come?i wish you all the best. i am in with only a single 60GH and got a bit nervous. iŽd be getting nuts... Title: Re: how are the bitcoins distributed within the community? Post by: 600watt on April 07, 2013, 11:15:22 PM A partial answer to the OP: https://bitcointalk.org/index.php?topic=92423.0;all (https://bitcointalk.org/index.php?topic=92423.0;all) wow! thanks a lot ! |