Bitcoin Forum

Is there some metric or study somewhere that could let us know how many individuals (individual humans) currently hold Bitcoin as an asset? Are there any metrics that could approximate the number? Estimate change over time?

I would think this would be a key metric in understanding the market.

There is no way you can know that because a single person may have more than one address. I have not seen such research or way to know how many bitcoin holders we have. You can only know about addresses and not the holders.

Alot!!!
Way more than 50 ;D
Well as Charles Tim said we cant really tell who owns what except the number of addresses.
That's one of the beauty of Bitcoin, its privacy.
Individuals that have multiple addresses exist while CEX holds many individual bitcoin in one wallet( why the term not your key not your wallet)



Not really,it would only help to know are diversified Bitcoin is
but if you looking for how many wallet address own a BTC then that would be possible to find online.

Ask yourself. How many Bitcoin addresses do you have? I believe I have generated more than 100 Bitcoin addresses. And most of them are used, and a few are blanked. So how could we assume how many humans are Bitcoin holders? There is absolutely no way to predict or identify real human holders. A merchant uses a lot of addresses on the payment gateway, but it's a human or company. Any tool can't identify the address owner; hence, it's impossible to count how many humans are holding Bitcoin.

No one knows for sure how many bitcoin holders there are - but so far there are millions of addresses that have bitcoin in them. You can check it here to see from largest to smallest amount of bitcoin.

https://blockchair.com/bitcoin/addresses?#

It doesn't matter how many holders there are - your profits are yours, and so are your losses.

Sometimes it gets me weird seeing people asking this kind of questions knowing too well there will be no good answer or very hard to guess and give accurate results because there are lots of individual with not less than 3 to 5 bitcoin addresses especially those who uses those wallet that permit change of address like electrum. One can change address while doing transaction, at the point of this lots of addresses could be recorded making it too hard to sum up all total user that is having address.

My guesstimate would be assuming that an average user has coins in 5 different addresses, so just divide by that the current number of traanctions with sufficient balance, like at least $100. That's like 5-20 million users. But then there are also people who store their coins on exchange, and some don't even have a wallet and store all their coinse there. But you are getting the idea - there are tens of millions of users.

Op this will be an rhetorical question because I don't think anyone can know that metric system you are bringing. Even in my location I can't tell. The total number of Bitcoin created was 21 millions and as it is, I don't think anyone knows how many Bitcoin is left to mine and how many have been mined. And 95% of users here in the forum hold Bitcoin and the remaining is just for newbies and those who don't have enough money to invest yet.

But in 2022 someone created a thread that has the total number of Bitcoin whales and other holders of Bitcoin but it was not all but few.

ignoring CEX database balance users

there are 152million UTXO's meaning less than 152m actually hold parts of actual btc
(less than due to fact a person can own more then one utxo)

It will be hard to get the number of people that hold bitcoin because you need all addresses to be linked to each other and then to the individual which is not easily possible because of the anonymous nature of bitcoin. The real right answer is how many addresses actually holds bitcoin or sats. Currently we have around 51,723,705 funded addresses according to LoyceV stats (http://addresses.loyce.club/total_number_of_funded_addresses.txt). This can be the only metric you can get because even chainalysis cannot link all addresses together.


One can actually know the know the number of bitcoin already mined and the number left to mine. According to coinmarketcap (https://coinmarketcap.com/currencies/bitcoin/) a total of 19.588 million bitcoin is already in supply with less than 1.412 million left to mine since the total number to be mine isn’t exactly 21 million. That’s like around 95% already mined.

They probably have some ways to determine wallets but not individuals or people. Because someone or an individual can own tens or hundreds of wallets that contains Bitcoins. If the metric is just about having Bitcoin then that will be counted as a wallet that has it or they can have it in record as someone who holds Bitcoins. That's why it doesn't make sense to determine how many individuals are holding Bitcoin. Thus, if someone would ask everyone if they're holding Bitcoin, that won't make sense as well.

Hey guy this 1.412 Millions is getting me confused because it is getting contrary to the Total number of Bitcoin which was created and launched. Though as I said, I have seen some experts shown us the mined ones and the ones to mine but it was not like this number or figure you gave. Now from what you are saying the leftovers to mine is even more the the 21 millions people were saying. Lolz. This is more interesting. Well I am not a cryptocurrency analysis so I can't say anything on this for now. But I will make some research about this again.

If there was a metrics that can evenly estimate the future number of individuals to adopt or join the network of BTC users, it would still not be accurate enough but just be a speculated figure.
Am of the honest view that new users join the network to hold BTC or to not feel left out of trading or feel dumb when the topic of BTC is brought up. Hence why the number of individual users or holders of BTC rise on still and can be hardly properly ascertained.

Hey mate I think you are actually mixing many things up, the stats provided up there isn’t even mine but rather that of coiinmarketcap as indicated there with a source and that could be wrong from what you might have read somewhere else bit still the difference wouldn’t still be much. If around 19.588 bitcoin have been mined according to them, then the number of bitcoin left to mine will just be 1.412 million, add this numbers up and they give you exactly 21 million bitcoin in total which as I said is not the exact number to be mined, as it is said that total number of bitcoin to be is kind of less than 21 million and not exactly that amount. The numbers aren’t mine and they are also not more than the 21 million you said.

Sorry but we are going off topic here and it is derailing the thread.

I have had a few hundred Addresses at the very least.  I have my stash split across probably around 100 Addresses if not more and I do have a few Seeds and Private Keys I surely forgot about that are now lost with a balance of 0.001, 0.01 or more Bitcoin.

How is any body supposed to calculate a number of individual holders without an enormous error?

There is absolutely no way to know for sure.

But hypothetically, if we knew how many addresses have a balance (let's say N addresses), then we can assume that there are M people, where M <= N that hold bitcoin.

We could use LoyceV's data from here: http://addresses.loyce.club/

I am using the "List of all funded Bitcoin addresses" file.

It has 51,723,705 addresses in it, so we know that Loyce's node is aware of 51,723,705 addresses that have a balance.

We can assume that there are no more than 51,723,705 individual bitcoin holders.

Bonus problem: Can 2 or more people own 1 address? Absolutely! Let's say we both have one wallet and we use them in a multisig setup. This would generate an address set where we are both needed to generate the addresses. So all these addresses have both of us as owners. But we also own the addresses that our wallets generate separately.

Bonus problem 2: Can I own one of your addresses? In fact I could theoretically own all the addresses that exist using a single seed phrase, if I used various derivation paths.

EDIT:
Zaguru12 mentioned it first  :P

I'm not sure if this is the data that you are looking for,

https://www.talkimg.com/images/2024/01/02/sdfod.png

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

But as you can see, there is a break down of the addresses that holds certain amount of BTC.

And I think the numbers are growing as per this tweet last August,

https://www.talkimg.com/images/2024/01/02/sdV6z.png

https://twitter.com/_Checkmatey_/status/1688350682682888193

106 million the number a found on this website
https://buybitcoinworldwide.com/how-many-bitcoin-users/ (https://buybitcoinworldwide.com/how-many-bitcoin-users/)
https://www.talkimg.com/images/2024/01/02/sdyl5.png

address counts are meaningless
CEX account numbers are meaningless
wallet downloads are meaningless

all bitcoins are on UTXO so unless you have key access to a UTXO amount. you dont own bitcoin
there are only 152m UTXO meaning less than 152m actually have control of btc

This is true because what assumption would we take? That each of the addresses you have generated belongs to different people? And the what? The empty ones would be wrong calculated as someone who isn’t holding? Who would even think that 100 addresses belong to one person, and to know what they have and if they have, you need to sum up all addresses. What’s even more crazy is what if this is the case for everyone? Having 100 addresses each. Really impossible calculation

This numbers or figures are definitely misleading because how can the site know the number of bitcoin owners when most bitcoiners are anonymous and have multiple addresses. There is the case of address reuse where one wallet can have multiple number of addresses and have bitcoin on them without actually linking them together, how does this site do it?. It is definitely wrong figures to me. All Bitcoin users can never be known due to the privacy that bitcoin provides.

we cant really know how much there are
but they didnt say the is the real and the only number its hust a simple prediction
i recommand u to read before u answer

https://www.talkimg.com/images/2024/01/02/sdpvN.png

Yes, mostly statistics or charts about how many users or bitcoin holders are all speculations or just an estimate of how many of them there are. The truth is that not all addresses or bitcoin wallets or addresses are owned by a different or unique individual or person, so there are no accurate numbers on how many people are being bitcoin holders. As we know, only we can identify someone in the bitcoin space by their bitcoin wallet or address, but we will never know who that person is specifically, so I don't think there are a right or accurate number of bitcoin holders. It's safe to say that there are a lot of bitcoin holders that we never know and we will never know who they are. And it's common sense; of course, there are a lot of bitcoin holders. It will be shown in the market that many transactions or trades are being made, so maybe millions, or we never know, just an estimate.

No, what you will only get is just pure speculations without getting near the actual numbers. Exchanges and custodial wallets mentions their number of users, but not all holders using it. And why will you use an exchange and custodial wallets to hold bitcoin the first place.

We can create n number of wallet using the wallet or exchange application.But we should use the limited number of wallet avoid of loss of funds,if you keep bitcoin in many wallet and incase loss of the private key which is seed base.Just you can able to login to the wallet and save the private key in the separate spreadsheet.If the traders want multiple amount of knowledge from the trading,he will not do the transaction from their deposit money.Many old traders was getting the reduction of holding coin,if they learn to do the gambling site.


In the wallet holding percentage of money he had used in the civilised nation.The random betting gambler should not use many different wallet,because that wallet will need transactions fee all the time,which would can be understood.But the trader should hold all the coin in the single wallet will not trasfer their wallet holding to other game.

I don't think we have such records of how many people that hold a bitcoin or any other cryptocurrencies, so therefore we can not make a statistics of people holding bitcoin currently, so I believe that holding of bitcoin is something that gives profit and that is why people do hold bitcoin for long times, so therefore I believe that everyone have reasons of holding bitcoin so holding bitcoin have advantages and not holding bitcoin also have advantages

and besides, what's the significance of knowing such figure? we can never get the exact number on this particular subject. everyone can create a lot of wallets all at the same time. but they can only use few of them and just store a lil bit in some of them.

it is not a key metric in understanding this market. much better to look for stats which big companies are holding large amount of btc, or top users who have accumulated their stash. but even this one, hard to get the true numbers as these entities won't disclose their actual holdings.


we can only get rough number of people who are holding btc. but that's it. but i do believe, that the numbers are growing as more and more users are joining in this market. with fixed supply, and increasing number of users, that means, we are possibly increasing the demand and so is the price.

I think you just answered your own question there :-).

The question is why do we have to and want to know the number of individual bitcoin holders, because actually there are no definite figures for how many individuals hold bitcoin in wallets or use exchanges. If you can see maybe one person could use 2, 3 and 10 wallets for each individual. Knowing the amount is not important because it will not provide more value for you, but what needs to be done is the extent to which you are involved in bitcoin investment.

If you have a view about it being a key metric in understanding the market then I would like to know what indicator you mean. Because so far I don't need to know the exact amount of bitcoin ownership for individuals to see and understand the bitcoin market. Are there any references that you can explain and how they relate?

The number of stockholders of a security is always a key metric. I guess it speaks to market volatility, the resiliency of the instrument to shocks, and so on. Also, if a security becomes more widely held over time, that's often a good sign, and more closely held can be a sign of trouble (obviously this is just one data point though).

Of course many many people here at bitcointalk.org sure think this metric is important since they insist the metric is going up all of the time, which is why they want to buy more Bitcoin :-).

Back in 2017 I remember it being estimated that there were around 40 million users, though that may have been in crypto in general, though back then there were much fewer pro-crypto/anti-bitcoin ya know like NFT/memecoin nonsense people out there, most people getting into crypto back then got bitcoin, so way back then it was probably 30-35 million people owned bitcoin.

In 2021 I remember the 100-150 million number being thrown around for all of crypto, so for Bitcoin alone it was probably under 100 million but not too far from it.

We're still at the part of the market cycle where the majority of those people who dropped out after the bull run haven't come back yet, so even though of course more and more people are coming in every year, it wouldn't surprise me if its only like 40-50 million at the moment.

True no way how someone can know that ahah

Well that is the core feature of bitcoin for you its decentralized characteristic allows for people to value and keep their privacy and be able to do transactions without anyone checking in on them

It is basically impossible because i am not sure a lot would openly admit to having bitcoin even if it is for data gathering purposes

It is impossible to say how many individuals are holding Bitcoin as an asset.  Because this data is not available anywhere, you can find out how many wallets have bitcoins because bitcoin wallets can be tracked.  According to data from coindesk, there is now 1 bitcoin per wallet in 1 million wallets
https://www.google.com/amp/s/www.coindesk.com/tech/2023/05/16/one-million-individual-wallets-now-hold-a-whole-bitcoin/amp/

And in addition to this, if you google some other websites, you will get this information about how many bitcoin wallets there are, when the largest amount of bitcoin transactions are taking place from which wallet, etc. But you won't get an answer to who is holding Bitcoin as an asset

You can’t get an accurate answer to this question. One person can hold basically 20-50 different addresses in the same wallet. Most don’t want you to reuse an address and usually a change address is unique. So due to this there could be many addresses for each and every Bitcoin holder.

Wallet downloads don’t mean anything because people can hear about bitcoin, download the app, then realize there are tons of documents to fill out and give up.

It's difficult to determine the exact number of people who own Bitcoin as there isn't a metric available for it. Furthermore, it's uncertain if the owners of particular wallets are still alive or if they still have access to their wallet due to the possibility of forgetting or losing their seed phrase. Also, some individuals use multiple wallets simultaneously, which makes it even more challenging to estimate how many people currently own Bitcoins.

I don't think this could be the key metric for understanding the market since it isn't available.

Unless there's someone out there that's charismatic or despotic enough or a combination of the two can convince every bitcoin hodlers to be able to show off their bitcoin stash and how many wallets they got per person to count how many hodlers there are other than that scenario as many have already said, we will never know but we can approximate how many there are by the unique transactions from different addresses per wallet but I don't think this is solid way to approximate and I just improvised it at the top of my head.

Will the presence of several addresses constitute the statistics of Bitcoin holders? How many of these addresses are simply generated and empty, and how many are addresses that have some amount but do not have an owner due to the loss of the seed phrase?
The question is similar to a child's question in that it does not connect the word “why” with the logic of the further answer.

Been done a quick research regarding on your question ask and find this article https://www.techopedia.com/cryptocurrency/how-many-people-use-bitcoin

its really interesting to know that figures since we could see how wide the bitcoin market worldwide and maybe from that statistics we can see the government can consider about possible adoption since they will be the one will get benefited for possible revenue it can generated.

But I don't think this will be the key to understand the market if you mean on possible profitability for trading it since its just a statistic and we don't know how those people move since we don't know how people use their bitcoins.

I don't sure with your research because not all responder here want to answer correctly about how many bitcoin hold in their wallet, I think many trader or investor want to be anonymous without any one know how many bitcoin hold or save in their wallet. Usually some holder not only hold bitcoin in one wallet but separate it in several wallet to make difficult for detecting them are the real owner of bitcoin, actually I don't think any metrics will automatically detected with one investor only use one wallet only.

Absolutely right, many individual have multiple wallet and secure their privacy without hold bitcoin in CEX exchange, I think need privacy is most important for holding or saving bitcoin in several wallet than hold it in CEX or one wallet only.

There's no way to know for sure. The most common assumption I've seen is taking the number of Bitcoin addresses and assuming that there's roughly one address per person (some people have more, but some addresses also contain the funds of tons of people, like wallets of crypto exchanges). But that's, of course, a very rough estimate. There are also repsentative polls, which can be quite useful, but they usually only cover specific countries. This can provide insight into how many people own some BTC in specific countries, but that doesn't give the full picture. As Bitcoin users don't need to provide IDs, and it's easy for one person to operate multiple Bitcoin wallets, it's hard to make a good estimate of the total amount of users.

Its difficult to count Bitcoin holders. The blockchain's unique wallet addresses can be examined first. Its a ballpark figure as one person can have many wallets. Initial data on active wallets is available from several blockchain analytics companies.The number of Bitcoin debates on Reddit, Twitter, and specialized forums may indicate rising participation and adoption. Although its not a precise statistic, more people participating in these debates likely means more Bitcoin holders.

Bitcoin's acceptance by institutions and integration into payment systems and investment portfolios suggest ongoing rise among individual holdings. This development is more than numbers-it represents a radical change in money perception and use. Growing popularity of Bitcoin shows its resiliency and potential as a movement, not just an asset.

You cannot possibly do this because most of the time people are using multiple wallets even if they only own those bitcoins for themselves and the list goes on and on and so as their friends and families as well. Let's just say we have more people owning bitcoins right now compared to the last 5 years and still counting especially right now because we have lots of promotions and popular artists and companies are also joining us unlike in the past when they were avoiding us completely.  The point here is, let's just be thankful because right now we are not being alienated or strangers to others because they have become one of us right now due to the fact that they also wanted to have successful investments as well.

There are some results provided by a user of this forum (http://addresses.loyce.club/total_number_of_funded_addresses.txt) and there are some stats you'll find online (https://studio.glassnode.com/dashboards/btc-lthsth-essentials) but there's no way you'll know the real number of individuals that are currently holding Bitcoin as an asset cause we have some BTC holders that like privacy and always keep themselves from prying eyes.
 
The key metric to understanding the market is understanding what influences the market like positive, negative news, halving, mining difficulty, etc.

There were probably no accurate data about how many individual holders of Bitocin since we dont really know how many Bitcoin address one trader has, I mean one trader could easily have multiple addresses right so it's impossible to know how many addresses you have, but you could totally look it up online how many Bitcoin address was active, etc, there was a website if I'm not mistaken it was called Glassnode where they gather data as well as a graph of this data. There is also data on how many addresses have one Bitcoin on their wallet, holding less than one Bitcoin or even more, that could surely be useful in some cases on research, etc.

This is for sure not that accurate and just pretty much estimates but for sure they can be a good reference if you really want to understand the market situation, could also be useful data in the future. You could take a look at Glassnode and see it by yourself if it can be useful to you. But in my opinion, there are still so many factors that affect our market so it's really impossible to accurately predict the movement of the market probably they might be a good reference and basis but not all the time.

Yeah true, there is no possible way to ever know how many people are using crypto. However, we could potentially see the active ones, because there are way too many inactive ones, check all the addresses that are active within the last 30 days, and that could be something decent to see, you are still missing all those that deal with just exchanges, but it is not a bad idea.

I personally believe that the best thing to do right now would be making sure that we do not focus on the number of people who are in the crypto world, but the amount of money, that is much more important. If you look at it from the money perspective, that would always make bitcoin better. It would be better to have 1 person with 1 billion invested into bitcoin then 1 million people with one dollar invested. This is why we need to take a look at the money and not the population, and the money is there, we can see it and we can make calculations based on that as well, it's called the volume.

Why does it reflect market volatility, do you mean because there are a number of buying and selling processes that occur on the exchange and how is this related if the holder keeps bitcoin in a wallet and never trades in the short term. As far as I remember, I once read a post about holders storing more bitcoin in their wallets compared to bitcoin that was traded on the exchange. Do you think market volatility is the same as the narrative you are trying to put forward.

So far I have never considered the amount of bitcoin holdings held, whether traded or stored in the wallet, when wanting to invest and maybe many other people also think the same about that. The reason why bitcoin is much more fundamental is because it has resilience and a four-year cycle as its journey.

I was only guessing at the volatility thing. I only know that people consider this a key metric for other instruments that are owned by a multitude of entities e.g. stocks.

Regardless of the reasons, clearly lots of people consider how widely held Bitcoin is to be an important metric. That in of itself makes it an important metric since it speaks to the perception of the instrument's popularity / desirability.

Put it another way, if a study showed that fewer and fewer people were investing in bitcoin over time, that would exert a lot of downward pressure on the price.

It is impossible to know the statistics of how many bitcoins are held by holders. If you try to understand this you can guess by yourself. A person can use multiple bitcoin wallets. Maybe you are using one bitcoin wallet but someone else may be using 50-100 wallets or less or more. There is no obligation to use it. You can use your wallet as per your need. I don't think it is necessary to investigate this matter. We know about circulating supply I think that is enough. Out of 21 million bitcoins, more than 19 million bitcoins are held in various wallets.

It is almost impossible to tell who has an individual investment in Bitcoin and how much Bitcoin is held. It can't really be calculated in any way. Assuming that the most advanced technology is used to calculate this but whenever it is calculated completely, it will be seen that more than one amount of investors have invested before calculating but then the calculation will be wrong. If you know any investor, you can know about his investment through him, but it is not possible to know how much every investor is investing in the world or how much any investor is investing. Now if someone says that more than 2 crore people in the world have invested in Bitcoin, we have to believe it because we cannot calculate the exact amount.

No one has a way of knowing. I think a person can have multiple bitcoins in multiple wallets. Asking such a question seems strange to me. But no one can say for sure who has how many bitcoins or who is investing how many bitcoins.It is unknown to everyone how many bitcoins people in the world have or how many bitcoin addresses they have.Let's come to your point since you ask this kind of question the answer I would say is that millions of people in the world have bitcoins you have to believe because you don't know.

You cannot call it decentralized if you can name names of whom are holding and from where and when. so sorry to tell that there are no record or even estimation of actual Holders or Users but  what we can see is How many wallets are in moving or used but that does not prove how many users because there are wallets that is being owned by single person some even using thousand of wallet for single person .
but what I wanna ask is for what that you ask this? is there by any chance that you have to know this ?or something to do with you?

If by any means any and every address could be traced right back to an individual, then that becomes a problem for Bitcoin as, some vital part of the development is its anonymity. You either get to lose that willing by tying yourself and identity to some address or not.
For most individuals, they change address just as you want because it’s that easy. Most times, you can generate several addresses on same wallet or using several wallets without having any link to show that it’s managed by a single individual or entity.

@OP, you just wouldn’t get that answer, find or develop a tool that can accurately do that. Very few and well funded exchanges have been able to archive some sort of linkage and that is mainly due to reports on an abuse from an address and consequently, bookmarking the address with all related transactions on it using its platform and the next is, signed addresses and addresses used per user on signature campaigns.

It doesn’t speak volume on the lost of addresses used by on forum users and off for users.
By the way @OP, the information you seek has got little to no good to do in the cryptospace.

Here it is possible to see how many wallets have Bitcoins but no one can say who will hold them for how many days as it is a personal matter. so no website or any individual can provide this information. And meanwhile it is not possible to extract any person's information through the Bitcoin wallet, that is why it is decentralized. Since no one can ever say what op wants to know, op should lock this topic. Because even if the answer to this question is not found here, there will be various types of unnecessary discussions which are completely unnecessary

There seem to be ways of estimating the numbers, which many on this thread have already posted. There are also ways of getting at individuals, as the advent of mixers demonstrates.

Obviously we can't get an exact number, but getting a vague idea can show us the trends, which is the most important thing.

The reason I asked is based on trying to understand the market, nothing personal.

no way to know exact numbers

but BTC is held on UTXO
and if there are 152m utxo. then there are less than 152m holders. because someone may have more then one utxo

but what is for sure there cant be more then 152m btc holders. however there can be hundreds of millions of centralised exchange balance records being promised coin if the withdraw.. but CEX balance records are not btc holders

I am not sure how there are some data analytics because its literally confusing to understand the number of individual bitcoin holders. I mean whenever I am performing a peer to peer transactions with one of the vendor they are generating new address each time. Now lets assume there are thousands of peeps like me whose doing such p2p transactions everyday. This means that vendor must be creating thousands or at least hundreds of addresses everyday for privacy purpose. How one can confidently say that these are individual addresses? I mean this adds up wrong data and they might consider them as hundreds of different individuals. As far as I understand there is just no way to segregate such addresses. I am surprised still they have such analytics. Also, cant imagine the same if collect all addresses from all the exchanges available around the globe.

It seems that doing research or research on this will definitely be difficult. Because bitcoin is a highly anonymous asset, even the name of the owner of each wallet would be difficult to know. Plus, I don't think it's that important to know someone else's bitcoin amount. So it's better to focus on your own bitcoins and keep doing DIP.

I haven’t seen any statistics showing this question you asked. We don’t know how many bitcoin holders we have, even in our various areas, because you can’t invest and are telling people that you have invested in bitcoin because it will lead to being scammed and other things that are similar to such things. So, as other people have said earlier, that is how there is not an amount of bitcoin holders, although we have millions of them, but seriously, to say the exact amount of them, it will be hard. So therefore, you should know this from now on; we don’t actually know yet; other people have already said that.

Just take the example of p2p trading. Those people buying or selling bitcoin are always giving different addresses, so that means these people, whether the buyer or the seller, are using multiple addresses, and all their bitcoin inside them can be used to create more than 100 wallets for security purposes, so how will they be able to identify the amount of the holder? I believe it will confuse you to see that many people have already told you that 95% of bitcoin has already been held and mine, which means those bitcoins are already held by investors in different types of wallets, but to get the exact amount of people holding this bitcoin is what you will find difficult, man.

Well, today it is around millions, but I do not think that these data are relevant in the comparison of knowing the market volume,now, for governments and exchanges, it if important.

Then, crypto.com estimates 420 million users. But it is still just an estimate, so the best way to determine a close number is to know the Txs, and in that sense this infographic serves to speculate the figure that we may never know with certainty.

^{source:https://www.techopedia.com/cryptocurrency/how-many-people-use-bitcoin}

It's quite complicated, and it's even impossible to know how many people hold Bitcoin, because one person can have many Bitcoin addresses.  It is better to focus on the limited amount of Bitcoin supply available, the decreasing amount of available supply will certainly affect the price.  Therefore, it is better to focus on continuing to invest in Bitcoin rather than finding out how many people hold Bitcoin

They have been so many attempts to know how many people uses Bitcoin or own Bitcoin but it all failed because of the same reason Charles Tim has mentioned above.

According to chainalysis there have been over 460 million Bitcoin address recorded including both empty wallets but it doesn't determine how people holds Bitcoin in reality because two people can own a Bitcoin address (multisig wallets) and other reasons why we can't actually know how many people holds people.

op It's really hard to say exactly how many bitcoin holders there are. Usually many people hold bitcoins now so it would be very difficult to tell how many people hold bitcoins. If we work in a company, maybe it can be said in general how many employees are working from that company, but I think it is almost impossible to say how many people have bought bitcoins.

I would like you to forget about it as you will not find it, after all, Bitcoin is decentralised and it is trying to cover up for the privacy of some people, so it will make it difficult to ascertain this and I do not even know the reason for it. Also, don't forget that addresses could be known but many of them do not even have Bitcoin in them. However, you can rely on the market capitalization of the coin to know the value instead of wanting to poke a nose at those who are holding their asset.

To make matters worse, the confusion of knowing what you are seeking will be aggravated with people having their coins in different addresses. This means that a single person can still own 5 addresses that are stashed well with Bitcoin. Above all, I see no need for this.

I am sure there is some kind of a statistic for Bitcoin hodlers, especially that things are transparent and are recorded in the blockchain. So researchers can just rely on it alone, if they are not doing some kind of a survey. But there are still people who hid themselves using a mixer, so knowing the exact number can be hard. Then not all those wallets that has a BTC on them has an owner which are still alive. Unfortunately, some has perished already. Numbers are not a way anyway in understanding the market but it was the words. We can read the whitepaper and other write ups related to it. But that won't be enough if we won't make things serious and put what we learn in our head.

I do not think that is possible to find out. A hodler is a hodler whether he has 10 usd worth of Bitcoin in his wallet or 100 million USD worth. We can try to find out which coins have remained in a wallet for how long but just because somebody moves coins betweens wallet does not reset the hodling period and that person is still hodling. So the amount of coins and the amount of time which those coins have been on a wallet say nothing about someone's status as a hodler.

Those are only two examples of things we cannot keep track of, but there are simply too many other variables we cannot account for. The only way we can know an estimation of how many hodlers there are, is through statistical mathematics and gathering certain data points. For example, a poll could reveal more information as we project the results on to the larger community outside of Bitcointalk. But again, that would not be entirely accurate.

Unfortunately, there is no way you can tell the number of hodlers all over the world. You can tell how many addresses are there but you will never know how many addresses each hodler used. So there would be no certain strategy that will help us know the actual amount of hodlers.

However, I don't see any significance why you should know how many individual holders are there. Privacy should be given to each of them so we should not go deep with that. One thing is certain, the amount of holders is less than the amount of addresses as there are holders who are actually using more than one address.

It's somewhat difficult to know the actual figure of individuals that are holding Bitcoin currently reason being that some individuals have various means with which to buy and hodl Bitcoin but it can be possible to know the amount of Bitcoin that have been mined using the Blockchain technology.

 It is estimated that about 19 million Bitcoin have been mined so far out of the limited supply of 21 million Bitcoin which means that about 2 million Bitcoin is yet to be mined and it has also been speculated that by the year 2140, all the estimated Bitcoin of about 21 million must have been mined. So definitely, it's really impossible to know the number of individuals hodling Bitcoin but rather it is possible to know the total amount of Bitcoin accumulated by all individuals.

The exact number of individual holders of Bitcoin is difficult to determine, but according to data collected by Buy Bitcoin Worldwide, there are an estimated 106 million Bitcoin owners worldwide. Additionally, the number of Bitcoin wallets is estimated to be around 200 million,However, it's important to note that these numbers are based on estimates, and the actual number of individual Bitcoin holders may vary.

It would be impossible as many people could make multiple wallets for holding Bitcoins, imagine 5 people having 3 wallets it's already 15 counts. The fact that Bitcoin is decentralized makes every user anonymous to ensure their security and safety. There are statistics for estimating how much Bitcoin has already been mined, sold in the market, or bought. There are also existing wallets that might be forgotten or don't even have any amount that one reason could already conclude that counting all the exact numbers of holders of Bitcoin would be impossible, but estimation could do.

Calculated the number of individual holders of Bitcoin will come out but no one can find the right holder in fact no one knows the exact creator of Bitcoin. Since each bitcoin can be divided into 100 million units called satoshis the maximum estimate for use in the bitcoin blockchain is not always accurate. This limits the number of holders to ensure and maintain the value of Bitcoin over time.

I think such information is not known by anyone because we don't know that a single individual owns how many bitcoin and may be some people don't have whole bitcoin but they have bought it in smaller portion which means that they will have different addresses as some people make transactions to different wallets through which they can access.
This is not an easy task to know about the holders of bitcoin because we are unable that how many address are of a single guy therefore  we should just think about our success and leave behind the thoughts that how many individuals have hold bitcoin because neither they can take our profit nor they will give us their profit.

Exactly
You can only know of how many address but knowing number of holders isn’t really relevant and I think the statistics wouldn’t be near correct for several reasons that a particular person can have several addresses as there isn’t any restrictions to the number of addresses own is supposed to own but on the other hand, I think it will be possible if bitcoin isn’t decentralized as then the census would be counted as per the number of KYC

No one will know the right answer to that as privacy is given high emphasis. And even if there’s a metric that will help us know that, we can’t be sure if we have derived with a right and fixed answer or just an estimation. Note that each hodler may also be using different addresses so it’s really impossible to determine how many exact hodlers are here.

However, I find no relation why we have to look for that. Hodling entails privacy so we should not dwell with everyone’s privacy and just respect everyone who is actually here to hold for long term.

Employees at big exchanges should have a pretty good estimation. They can look into the withdrawal stats, find out the average addresses per user and take the product with their market share. I would be pretty surprised if this was not an extremely accurate guess.

How can that be a metric to understand the market? And it's not possible in any way to even find a close estimate of how many individuals in the world have a hold on Bitcoins because a single person can have hundreds of Bitcoin wallets created since the day they started using Bitcoin, not counting exchanges and other platforms that use Bitcoins for deposits and withdrawals especially those that have changed addresses which means that a single address is used just once by one user and they have millions of users.

So, I believe it's enough for us to know that millions of people around the world are using and holding Bitcoins and that's how we can understand how saturated the market is and how popular Bitcoin and the overall cryptocurrency market has become, and it's just the beginning, we are yet to reach new heights.

It's definitely a lot :D
IMO it would be very difficult to see a specific number when talking about bitcoin holders because in the end it would not be able to record that. There are several reasons that make this unpredictable. First we don't know that one person has several wallets which certainly cannot be proven either because in the end it could be that 1 holder has several different wallets. In addition we also cannot identify with real that bitcoin holders can be proven because in the end with the number of wallets that exist today and with the spread of bitcoin in almost all parts of the world, things like that are difficult to know so no one knows for sure how many but certainly it is a lot :D

Your quest is very difficult budy! Its like asking for the total number of people whom are poor or rich in the world. Just as wallet creation is not limited in creation, which implies that non custodial wallet generate seed phrase endlessly so do people creat thousands of it. Some wallet are abandoned due to the seed phrase has been compromised. While others lost access to it and you wouldn't know if it's functional and if by virtue of conting it, you are making a mistake. So there for that method is not a good way of understanding the market.

Individual holders cannot be determined since not all holder uses a single address, but numerous address. But we can come up with a fixed number of addresses but for number of holders, obviously we can't.

However, it's certain that majority that invest in the crypto market are long term hodlers. It's just that each individual has more than one or two wallet addresses that they are currently used and make them secured.

Over the years I have seen many speculations about the number of people actually using bitcoin, but none of them seems to be very convincing since the usage of bitcoin and how many addresses each person has varies wildly among its users, as a person could use a single address to accumulate and hold their coins, while another person could use hundreds of addresses, and yet both are valid ways to use bitcoin, however the only thing we know for sure is that the number of people using bitcoin is still increasing.

The truth is we can never really get the true numbers on this particular subject.
Also, there's no significance if we have such number because each wallet have their own amount of holdings.
Ask yourself, once you know the numbers, what will you do such stats? And besides, there are active and dormant accounts.

If nobody knows that OP, then what would you do if you knew the number of Bitcoin holders? There are other holders who don't just stick to one address, like Bitcoin holders, because it's a safe way to use many addresses.

And you are the only one I saw who was interested in knowing the total number of bitcoin holders, and for sure, that is what the majority of the community here in our forum will answer you. So it's hard to do that, and it can't be done in reality.

There are many sites out there who can give you these figures you sought but the challenge will be on the accuracy of the information provided because there are individuals who has got multiple Bitcoin wallet at a time , I don't know the numeration you are going to assign to such and also there are cases of wallets that have been lost probably the user lost their phrases and no longer have access to them again, all those will contribute to the numbers you sought but if you narrow bit down to activate users, region and probably exchange the precision becomes even higher.

On this forum I'm very sure a good percentage of members are holders of Bitcoin and even traders aswell but I'm not sure if there's a record of such which you can find here on this forum but out there, there are few records .

according to the website you mentioned. these are just estimates. even the website is also saying there is no way to find out actual number of bitcoin users. everyone can just make estimates.
we can only know the number of wallets have bitcoin. knowing how many individual have bitcoin is impossible. because some people have multiple wallets while some people keep their bitcoins in exchanges which are held by one master wallet.
the website above do gives some interesting facts tho. it was fun reading that.

until now there is no definite data that can show how many individuals hold bitcoin, because each person may hold more than 2 or 3 or more wallets. however, if we look at several statistical websites, there are around 50-100 million people who hold bitcoin globally, but this is only approximate data, not actual data since it is quite difficult to estimate the exact data of the number of individuals who hold bitcoin. and this number will probably increase in line with the increasing price of bitcoin in the future.

Coming up with solid numbers on Bitcoin holders sure is tricky business.  With Bitcoin's anonymity and all, folks can whip up as many separate wallets as they fancy.  Makes it right difficult to pin down how many one-of-a-kind holders there really are. 

I can only speak from my own example and  I've usually got a couple addresses floating around my wallet that have some coins stashed away.  Plus you gotta count all them custodial service addresses from exchanges, casinos, and what have you that I use.  And bam - all those addresses map to just little old me.  Wouldn't take but a quick minute to tick off twenty or so addresses tied to just one holder.   

So I reckon well never have the definitive answer.  Best we can do is speculate based on our own tales.  But given how effortless it is to generate addresses my hunch is the number of unique holders is far fewer than the number of addresses out there.

I do not think that there will be some that are gonna be accurate to put up numbers. Estimations are fine and it is not a problem after all if the numbers are not accurate at all.

It is due to the growing number and adoption of Bitcoin having new investors, holders and generation of more wallets regardless of the amount it has got.

Is this correct? I think in contrast to you, most people want to make money quickly from bitcoin and there are not too many people who are long-term holders in this market. Because if the majority focuses on long-term holding, not too many people will lose money when investing in bitcoin.
Bitcoin is the best choice for long-term investment but not too many investors are doing it, most are just speculating or looking to get rich quickly. That is also the reason why losers in the market always outnumber the winners.

When you guess then that means you don't know what is being said, then how can people see your view as something to discuss. At least you have a source that can strengthen the volatility and how strong the source convinces the process.

Try to mention what when a few people invest in Bitcoin, then what happens if the price can soar higher? Popularity/desire can be seen how the percentage of Bitcoin when created until now which has been so developed, there is a reason why Bitcoin can be as fast as this as one of the most fundamental coins. On the other side there is the closest coin that also has a fairly large market capitalization but The coin is different from Bitcoin.

I don't know how you associate metric instruments in each writing and why this needs to be mentioned repeatedly. Bitcoin becomes more important because it is able to maintain its value because that is more trusting people put money here and Bitcoin volatility can also provide reasons why Bitcoin is considered quite speculative and can produce huge profits.

We cannot actually tell the exact number but I'm sure I am one of them.  Though just a small amount but having just a portion is better than nothing.  And as long as I am enrolled to a signature campaign Bitcoin will keep on coming.  😁

I believe the fact we can't know exactly and even approximately how many Bitcoin holders there are represents one of the reasons why governments are so avid to pass regulations over crypto industry and its enthusiasts. They want to know what is the real percentage of people who are using cryptocurrencies, so they can understand how developed the adoption is, plus calculating with accuracy how much they can profit from them through taxes.

Probably in the next few years we will be able to answer this question precisely, as regulations are advancing fast forward these days in many countries, and the tendency is that every other countries which still don't have a plan on how to act towards cryptocurrencies end copying the same models from another countries which already did previously.

This is a very difficult question and the correct answer may not be known to anyone. It is actually impossible to say how many holders are holding Bitcoin individually. Many members in the world are involved in cryptocurrencies and many members do not know about cryptocurrencies but know about Bitcoin and they invest in Bitcoin. Even from countries where Bitcoin is legal, it is difficult to calculate how many users are holding Bitcoin from that country. In all the countries where bitcoin is allowed but not only users hold bitcoin but there are many countries where bitcoin is not allowed yet users hold bitcoin from those countries. I think if you have questions like this running around in your head too much, you should make a number yourself and then comfort your mind that this is how many individual bitcoin holders there are in the world right now.

This must be just an estimation, they use several data base to estimate this number like blockchain data and exchange account information. There is no way to find the exact number, even though all of the transaction of Bitcoin is traceable and public, but the nature of the Bitcoin is  pseudonymous except the Bitcoin owner is voluntarily revealing their own ownership of Bitcoin there is no way to count the exact number of Bitcoin owner.

There are many BTC hodlers all over the world which the internet will not give the accurate figure of the amount of BTC hodlers in the social media but I know they are above 106 millions BTC hodlers.

 For you to ask such question in this platform show that you have some mission, but let the mission be positive mission because everything about BTC is anonymous which it will be difficult for you to know all the BTC hodlers in the real life.

Exactly how many people currently hold Bitcoin as an asset, I don't think anyone can accurately say. Because some people have lost access to their Bitcoin or cannot own it for various reasons such as forgetting passwords or losing private keys. The actual number of Bitcoin owners may be much lower than the number of wallets, as some individuals may hold multiple wallets and some wallets are businesses or  May be owned by other companies. The number of active Bitcoin users and investors is constantly changing as new people enter the market and others exit. Although there is no exact metric available for the number of people who own Bitcoin, it is safe to say that there are millions of Bitcoin owners worldwide, with the number constantly evolving.

Because indeed we will never be able to identify the total number of people who are registered as holders of bitcoin so why find out more about this because it will also not change any facts other than curiosity.

There are a lot of wallets that have been registered and we certainly know that sometimes 1 person can have more than one wallet so that it will also make it difficult to identify besides that we also probably know that most of what is happening now for the problem of identifying someone is clear that it will be hampered by privacy and anonymity and this is also another problem that should be taken into consideration so that for the problem of the number of bitcoin holders this will never be identified in terms of the total number.

I don't think it's possible for you to know the number of persons that have bitcoin at the moment because first of all,  there are some persons that want to keep their financial dealings privately and bitcoin enhances that or gives that support for you to keep your private financial life or their bitcoin investment private away from the eyes of the public, so it will be very hard for you to find out how many persons are holding bitcoin at the moment, however I've not seen any matrics that can be used to approximate the number of holders.

It doesn't matter to know the exact number of holders, the most important is that the number of investors/holders is quite growing fast. It means that there is a huge market appreciation happening already and people see the benefits from Bitcoin. In the next couple of years from now, it possibly tripled (or more) its numbers.

We're not sure someday we'll get accurate data or that is still impossible because a single person can create multiple wallet addresses. Perhaps, they are anonymous, we never owe them to let us know.

Unfortunately, there’s no key to determine the over all bitcoin hodlers in the crypto market, but I’m definitely sure that it’s a lot and limitless. Most especially that bitcoin is the top coin in the crypto space, majority of the hodlers will certainly hold bitcoin over altcoins.

However, the challenge here is if they can really make it hodling for long term knowing bitcoin is so much volatile. While determined hodlers will keep it hodling no matter what, majority of the newbies will end up panic selling since they can’t stand the pressure that is brought by volatility in the price of bitcoin.

Apart from exchangers that brands their bitcoin wallet addresses, it is almost impossible to state who holds bitcoin, whether an individual or a coorperation. Although certain transaction consistency and wallet ballance can advise that a particular wallet address is not owned by an individual but asides that you can not tell who exactly owns a wallet address.

OP With the way people are turning to bitcoin right now it's hard to estimate how many bitcoin holders there are. But this much can be said over the past few years, the number of Bitcoin investments and holders has increased manifold. Bitcoin is not legal in many countries so I think it is impossible to know the exact number of investors and holders. Now many people in our country have chosen Bitcoin as a safe asset. Even if Bitcoin is not illegal in our country, seeing the success of Bitcoin, many people in our country are secretly investing in Bitcoin and trying to hold for long term. In the current situation of Bitcoin, this much can be understood, it is expected that the number of investors and holders of Bitcoin will increase several times in the future.

Yes it is possible to track who holds bitcoins for how long. But it is possible to see who is holding a bitcoin wallet for how long but if you want to verify all bitcoin wallets it would be very cumbersome and time consuming which is why no one does it. Since not everyone holds bitcoins everyone transacts bitcoins constantly it is very difficult for everyone to truck them constantly it is not possible by humans but it can be done by robots but it is impossible to know who will hold bitcoins for how long and who is the real holder

It only be accounted properly if we all are using a single exchange but we have a lot of exchanges available in the market and they won't also speak out.
I don't think it is necessary to know instead, let us assume that the number of Bitcoin holders is growing fast every day.

However, we could also say that even though the number of holders is growing, some also are leaving.
All we've got are just estimated numbers but it doesn't matter because what is important is that we see a growing number of individuals who are in crypto already.

You will get rough idea by looking at the total numbers of users in this forum.

No one can exactly tell the fixed amount of hodlers. And even if we have some metrics to use, I guess we can only make an estimation but never the exact number of hodlers as there are hodlers who holds more than one address while others are only using a single address.

However, it does not matter as to how many hodlers are there, the important thing is we all know that there is growing community of bitcoin, and probably majority of it are hodlers that eventually turn into traders if they got chances to trade using their skills and strategies.

it's too difficult to do that, because basically we don't know how many wallets each person has, how many have bitcoin, how many are given to other people, and so on. In fact, I believe that the number of wallets will continue to increase every day, and we don't know who created them, whether it is a new user, or an old user. Apart from that, we also don't know whether there is a minimum amount to be a holder or not, because people still hold bitcoin in amounts below 0.001 BTC.

They're out there, but details are scarce. Its fascinating, right? People's decision to hold many addresses or simply one. Diversity in the Bitcoin community makes it vibrant. Our diverse population includes hodlers and traders. The ecosystem thrives on many approaches.  Trading requires expertise, timing, and market magic, not just opportunity. A calculated leap, yes. Hodling and trading keep things interesting for me. Like a chef, you have your staple ingredients (long-term holds) but are constantly ready to cook something new given market trends and gut feeling.

Just know there are alot of people actually holding and if you think you want access or understand the market before HODLing then I think you would probably be on the losing end because the only thing you need to know about the market is that the Bitcoin or crypto market is volatile and this volatility is what makes it a perfect opening for investor to take advantage of it.

There are many set of people owning Bitcoin so it will be quite hard to evaluate the exact number of people holding because not everyone is actually holding some folks are trading and another are short term holders and some folks watch the exchange rates to make profits from different exchange rate on the price of Bitcoin and other crypto in the market.

Quite a few probably lol

CoinMarketCap provides some numbers. I am not too sure how they source these. They cite IntoTheBlock which is a blockchain analytics company. again I’m not too sure how they get these but I think the numbers are too small to represent the whole world. Nevertheless the different categories of holders and the proportions of the same may provide some insight for whatever the OP is trying to ascertain. These numbers may or may not be replication of the rest of the market.
According to their data, there are 52.79M holding addresses with 67.95% holders 1+ yrs, 25.35% holding for 1-12 months and 6.70% accounting for traders who hold for very short durations.
Most of these addresses hold <1k (83.14%), 16.01% holds between 1k to 100k and 0.85% hold >100k.