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Author Topic: Trivia question regarding bitcoin usage  (Read 464 times)
AliceWonderMiscreations (OP)
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January 17, 2016, 10:07:03 PM
 #1

How many addresses currently have value and what is the median value in a bitcoin address that currently has value associated with it?

I'm sure that is calculated somewhere...

I hereby reserve the right to sometimes be wrong
pedrog
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January 18, 2016, 09:57:01 AM
 #2

Check this topic:

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

pawel7777
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January 18, 2016, 10:43:10 AM
 #3

Check this topic:

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

This thread is a bit outdated, I think this source could be better (although not live-updated):

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

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



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AliceWonderMiscreations (OP)
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January 19, 2016, 03:07:39 AM
 #4

I'm not looking for per person, I am just looking for the median value in an address.

I hereby reserve the right to sometimes be wrong
pedrog
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January 19, 2016, 09:13:36 AM
 #5

I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

pawel7777
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January 19, 2016, 09:25:40 AM
Last edit: January 19, 2016, 09:57:57 AM by pawel7777
 #6

I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did you come up with this figure?

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



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pedrog
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January 19, 2016, 09:48:02 AM
 #7

I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did come up with this figure?

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


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

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