Bitcoin Forum

Economy => Economics => Topic started by: CRYPTORALF on November 08, 2019, 05:10:22 PM



Title: Distribution of coins across holders?
Post by: CRYPTORALF on November 08, 2019, 05:10:22 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.


Title: Re: Distribution of coins across holders?
Post by: Naida_BR on November 08, 2019, 07:04:05 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.

I don't think that you are able to find such information.
It is very difficult to calculate wealth of different hodlers on a blockchain as a user might have acquired more than 1 wallet address.
Even if you find a website which provides such information, it will be accurate probably.


Title: Re: Distribution of coins across holders?
Post by: CRYPTORALF on November 08, 2019, 07:07:27 PM
thanks, but as said in my post, i'm aware of the fact that the data would not be accurate. still, relatively speaking, such data can't be used to compare coins.


Title: Re: Distribution of coins across holders?
Post by: Kprawn on November 08, 2019, 08:08:47 PM
That will not be possible, because Bitcoin and some Alt coins are pseudo anonymous, so nobody knows who own what and how many of the tokens.

You get some coins with almost no anonymity like Ripple, but you will have to get access to the third party services data to be able to access that

kind of information.

Some exchanges and wallet providers with KYC requirements also have information on some people's ownership, but not of all the people that owns

coins, outside of their internal database.  ;)


Title: Re: Distribution of coins across holders?
Post by: gentlemand on November 08, 2019, 09:14:13 PM
I doubt there's a place that collates this for all coins so you're better off Googling each individual coin and the phrase 'rich list'.

Most of them will have a site that lists the biggest addresses. Some will identify the addresses such as developer or exchange funds.

Here's an example for XEM - https://nemnodes.org/richlist/


Title: Re: Distribution of coins across holders?
Post by: d5000 on November 08, 2019, 10:05:12 PM
There are some "rich lists" that show distribution graphs. For Bitcoin, for example:

https://bitinfocharts.com/de/top-100-richest-bitcoin-addresses.html

BCH:

https://bitinfocharts.com/de/top-100-richest-bitcoin%20cash-addresses.html

LTC:

https://bitinfocharts.com/en/top-100-richest-litecoin-addresses.html


Even if the links say so, these pages are not only simple rich lists but also show percentages of addresses with certain amounts.

A website which shows stats for a large number of smaller altcoins is the CryptoID block explorer. For PPC, for example:

https://chainz.cryptoid.info/ppc/#!rich (https://chainz.cryptoid.info/ppc/#!rich)

However, they show only a very basic distribution graph, not as detailed as at Bitinfocharts.


Title: Re: Distribution of coins across holders?
Post by: CRYPTORALF on November 08, 2019, 11:20:15 PM
thanks!!! last to replies answered my question :)


Title: Re: Distribution of coins across holders?
Post by: tenakha on November 08, 2019, 11:28:52 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.
You can collect one by one information. But you can not find a list that is all together. Imagine, dozens of new projects are being created every day and you need to follow them all, or any shitcoin gains value, and while it actually does not have any value at all, it makes its owners wealthy. It is almost impossible to set up the system and always show the correct data.


Title: Re: Distribution of coins across holders?
Post by: hatshepsut93 on November 09, 2019, 04:47:27 AM
It's hard to do because to get UTXO set for every blockchain, which means syncing with every blockchain, and you need to modify your code for every coin, since they can have different formats for their data. So, it's only feasible to do for a small set of coins, maybe top 10 or top 20. Maybe big services like coinmarketcap or coingecko could do this if there was enough interest, so you might want to contact them and pitch this idea. It would indeed be pretty interesting to compare this data, I'm sure Bitcoin would have much more even distribution than most altcoins.


Title: Re: Distribution of coins across holders?
Post by: GideonGono on November 09, 2019, 08:31:42 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.

You can check other balances using their address but it hard to find a lot of bounty for now by using a simple website because of updating it always and everyday there are a lot of campaigns do made.  There are several scammers and there are some token that are no value.  You can check it's real value using its coinmarket cap.  There are also have some website from bounty campaign which they create sometimes to know for others that there has a lot of investor and an organize plan.


Title: Re: Distribution of coins across holders?
Post by: ecnalubma on November 10, 2019, 02:55:21 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.
There is no consolidated data about that but you can search it individually, there are plenty of websites that provide different datas about coin distribution or different blockchains. Maybe one day someone can provide that info in the future but it will be a very ardous job and will eat more time.


Title: Re: Distribution of coins across holders?
Post by: NathanJB on November 10, 2019, 08:30:19 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.

I don't think there is one. But there were lists of the richest Bitcoin wallets that have been spreading. There is no big deal to those information though. Those wallets that are known to be the richest are definitely not owned by individual Bitcoin supporters or even early adopters. They are most probably wallets of institutional investors, companies, and exchanges. 


Title: Re: Distribution of coins across holders?
Post by: hello_good_sir on November 10, 2019, 09:01:41 AM
For some coins like Dash and XMR, this isn't really possible. Their blockchain's ledger is private and you can't really calculate the richest or whatever relating to addressees due to their privacy protection.

As for bitcoin, there's a link for the rich list, but I can't really find any materials for what address has what, etc. Most of them will be pretty unfair though, since exchanges have cold wallets that contain user funds and you can't classify it as their own funds.

I did remember hearing or reading about a statistic though, that the top 100 addresses own something like 50 percent of all BTC. Not that fair from a real world metric, that the top 1 percent owns 90 percent of the world's money.


Title: Re: Distribution of coins across holders?
Post by: Ucy on November 10, 2019, 10:40:34 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.


Bitcoin/Cryptocurrency addresses are not like typical bank accounts numbers . An individual could have multiple addresses with no easy way of linking them to him/her. Banks accounts in most countries are link to unique identities. 
I think there are services that show what exchange/platform owns what, but I doubt they are effective in general. Besides lots of cryptocurrency are held on exchanges. It would be difficult to get the information unless you get them  from most exchanges.




Title: Re: Distribution of coins across holders?
Post by: NavI_027 on November 10, 2019, 11:03:47 AM
What? Even without researching, I can say that there's no existing website like that simply because there's no essence of making at all because it will only cause threats for your security. Imagine that everyone of us knew that a single person holds 500 btc, what do you think will happen? Expect man hunt operations from now on lol ;D especially if the name of such person was stated.


Title: Re: Distribution of coins across holders?
Post by: d5000 on November 11, 2019, 01:41:30 AM
As for bitcoin, there's a link for the rich list, but I can't really find any materials for what address has what, etc. Most of them will be pretty unfair though, since exchanges have cold wallets that contain user funds and you can't classify it as their own funds.
While it's impossible to know perfectly the distribution of BTC or other cryptocurrencies, you can draw some conclusions from the "public" distribution (that's visible in rich lists and the stats I linked above).

Exchange dominance is, for example, one problem that's present in many altcoins, not so much in the case of BTC. If a high percentage of the existing supply is concentrated at an exchange, then this isn't looking healthy for two reasons. First, it indicates that the currency is mainly used for speculation purposes. And second, these coins become vulnerable to exchange hacking attacks - if one of their main exchanges is hacked, then a substantial proportion of the balance would get into the attackers' hands, allowing them to dump or even attack the currency (above all if it's a PoS currency).

Coins with a high "exchange dominance" have often a very uneven "public" distribution, and often you can see cold wallets in rich lists, often holding more than 10% of the total supply.

So the conclusion you can draw is: if the "public" distribution is relatively even (like in the case of BTC, compared to other cryptos) then the coin is healthier than if it's concentrated in few hands, even if you don't know if these hands are those of private investors, companies/institutional investors or exchangers' cold wallets.


Title: Re: Distribution of coins across holders?
Post by: EdvinZ on November 11, 2019, 05:29:17 AM
Usually, in the blockchains of most cryptocurrencies, you can see how many coins/tokens are on any address. But this does not prevent one person from having many addresses with any coins. Thus, you are unlikely to know anyone's welfare, because most cryptocurrencies are anonymous, which attracts many holders.


Title: Re: Distribution of coins across holders?
Post by: bohr on November 13, 2019, 09:35:31 PM
As for bitcoin, there's a link for the rich list, but I can't really find any materials for what address has what, etc. Most of them will be pretty unfair though, since exchanges have cold wallets that contain user funds and you can't classify it as their own funds.
While it's impossible to know perfectly the distribution of BTC or other cryptocurrencies, you can draw some conclusions from the "public" distribution (that's visible in rich lists and the stats I linked above).

Exchange dominance is, for example, one problem that's present in many altcoins, not so much in the case of BTC. If a high percentage of the existing supply is concentrated at an exchange, then this isn't looking healthy for two reasons. First, it indicates that the currency is mainly used for speculation purposes. And second, these coins become vulnerable to exchange hacking attacks - if one of their main exchanges is hacked, then a substantial proportion of the balance would get into the attackers' hands, allowing them to dump or even attack the currency (above all if it's a PoS currency).

Coins with a high "exchange dominance" have often a very uneven "public" distribution, and often you can see cold wallets in rich lists, often holding more than 10% of the total supply.

So the conclusion you can draw is: if the "public" distribution is relatively even (like in the case of BTC, compared to other cryptos) then the coin is healthier than if it's concentrated in few hands, even if you don't know if these hands are those of private investors, companies/institutional investors or exchangers' cold wallets.
it is true you can still get an idea about how coins are distributed by watching the addresses with the most coins, and while I have no evidence of this but I really believe that whales are not getting smaller and instead are getting bigger, they know very well that they cannot cash out their coins without bringing a great deal of attention to themselves and they cannot do it without crashing the market either and also I do not really think that they want to get out of the market since they are already holding the best possible asset in the world.


Title: Re: Distribution of coins across holders?
Post by: 1Referee on November 13, 2019, 10:51:36 PM
they know very well that they cannot cash out their coins without bringing a great deal of attention to themselves and they cannot do it without crashing the market

They can cash out through otc desks, which more exchanges nowadays offer as service. It pretty much means that the exchange connects you to a buyer or seller where the transactions happen outside the regular orderbook. Based on the on-chain value transfers, it's pretty safe to say that the otc volume on a daily basis dwarfs the regular spot trading volume.

There also seems to be a strong correlation between the emergence of otc desks and fewer spontaneous large dumps. It's far more rewarding to use an otc desk because you don't suffer from slippage.


Title: Re: Distribution of coins across holders?
Post by: alyssa85 on November 14, 2019, 10:35:03 AM
Just remember that while sites like bitinfocharts list the top 100 addresses with the most coins, these addresses mainly belong to the exchanges, not individuals.

By definition if loads of people deposit coins to an exchange, the exchange will sweep the coins into another address that is held offline in a cold wallet.

So if you see that more than 50% of coins are held by a small group of "people", they're really held by a small group of exchanges.


Title: Re: Distribution of coins across holders?
Post by: tadpole_bitfrog on November 14, 2019, 11:51:04 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.
You can only see this in your bank accounts! As for blockchain technology, they do not provide this service. That is also one of the reasons for the high value coins. Those who have lots of money often sell it to buy coins to launder money. That's why identities are never revealed.


Title: Re: Distribution of coins across holders?
Post by: beerlover on November 14, 2019, 03:14:45 PM
Well, usually there are exchanges that holds most of the coins if you ask me. If you check the blockchains of all coins and see the biggest holders almost all the time it is the exchanges. Even on a coin like XRP you could see that there are exchanges at the tops aside from the owners, sure XRP is owned all by Ripples because they premined it and owned ALL of it but with over time exchanges started to get all of it.

So, no matter what you are trying to look at, if the exchanges started to get the top spot on a premined coin how would they fare in a regular coin that was either coin offering way or just regular publishing like it used to be. List is not something I really know because list is not easy to achieve, there are a ton for bitcoin but there are not that ton in other coins.


Title: Re: Distribution of coins across holders?
Post by: Dart18 on November 14, 2019, 04:04:55 PM
This is why I am thankful for the anonymous type of ceypto currencies.
Yeah, you wont know it.
How many wallets are there and how many exchange that gives different deposit wallet address.
If this is your project or you are up ro something then better leave it.
You wont go anywhere with those type of homework. ;D


Title: Re: Distribution of coins across holders?
Post by: gantez on November 14, 2019, 04:59:35 PM
I think the highest you can get is to check different coins and their pool in blockchain. So you could see how many of such coins have been distributed different. It is really going to be a tough task and might not be done manually.


Title: Re: Distribution of coins across holders?
Post by: rose9696 on November 14, 2019, 05:10:24 PM
I think not. Our crypto market is famous for money laundering and so wallet information is highly secure and certainly no one knows who holds much bitcoins.
You may only notice a lot of bitcoins being transferred from one wallet to another on the explorer system but you cannot tell who it is.


Title: Re: Distribution of coins across holders?
Post by: mersal on November 14, 2019, 06:25:31 PM
We only can find the distribution of nodes not the coins,as others said those addresses in the charts belongs to exchanges it means it belongs to many people using the same exchanges,if you intention is to know the distribution level of bitcoin its already spread all over the world but only to small percentage.


Title: Re: Distribution of coins across holders?
Post by: diazepam666 on November 14, 2019, 06:33:28 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.

there is no such website available in the market now however if you want to check your personal portfolio and your personal wealth in the field you can save everything in a blockfolio application.
But there are some websites only shows the richest Bitcoin addresses kind of stoves but I am not sure how much that is truth.


Title: Re: Distribution of coins across holders?
Post by: BartS on November 21, 2019, 02:27:53 AM
I think not. Our crypto market is famous for money laundering and so wallet information is highly secure and certainly no one knows who holds much bitcoins.
You may only notice a lot of bitcoins being transferred from one wallet to another on the explorer system but you cannot tell who it is.
This market is famous for allowing its users to move their coins as they wish, after all that is their money and they can do whatever they want with it but that doesn't mean that they are doing anything wrong with it.

The myth that there is a lot of money laundering taking place in this market is being spread by the governments and the media to the population so in the future they may try to ban bitcoin or at least to try to heavily regulate it.


Title: Re: Distribution of coins across holders?
Post by: sikke on November 21, 2019, 04:13:39 AM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.

You mean something like a gini coefficient with coins?

The closest thing that you will get to will be the rich list of addresses and so on. This is the only data that is available publicly. Whether or not these addresses represent actual holders of coins will be a completely different topic, although there are products such as walletexplorer that attempts to clarify who is actually behind addresses.

So yeah, it's difficult, and I think that thus far no one has a foolproof way to quantify distribution equality.


Title: Re: Distribution of coins across holders?
Post by: coingecko on November 21, 2019, 06:00:07 AM
Not to mention potentially forgotten or lost coins among holders
"Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone." - Satoshi


Title: Re: Distribution of coins across holders?
Post by: davinchi on November 22, 2019, 02:47:33 PM
Is there a website where I can view the wealth distribution of BTC and different altcoins?

I know such data are only estimates (address != holder, exchange wallets, etc.), but would still like to get a feeling of how different coins are distributed among its holders.
I think you forgot that one of the purposes of Bitcoin is privacy, so how do you expect to be having such an information? You can't have such information, but you can see transactions that are made on the Blockchain. If you have an address and follow it up Blockchain you will see all the money that is going in and out from that and maybe make an estimate of how that will be in that address.

But, if it's for you to get information on who owns the richest wallet and how much they have,then you're wasting your time because you're not going to get such an information, it doesn't work like that.

Even for other cryptocurrencies, there is nothing like that, they are all about privacy.