Bitcoin Distribution of Wealth Detailing the BTC Holdings of Wallet Addresses

[dscotese]

Hmm... So there are two wallets which contains more than BTC100,000. The first one might be the DPR wallet (Silk Road) which was seized by the FBI. Which is the second one? Any exchange hot-wallet?

There were two, but now there's only one.

The chart is always available at http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address

You can view the past by adding ?atblock=(BLOCK NUMBER) to the URL.

I am not interested in the distribution itself, but in seeing the wallet sizes whose proportion of bitcoin grows or shrinks.  The distribution is largely opaque in terms of useful info for the reasons CryptoDomains mentioned, but the changes over time are telling.

[BunsenBurner]

Hmm... So there are two wallets which contains more than BTC100,000. The first one might be the DPR wallet (Silk Road) which was seized by the FBI. Which is the second one? Any exchange hot-wallet?

There were two, but now there's only one.

The chart is always available at http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address

You can view the past by adding ?atblock=(BLOCK NUMBER) to the URL.

I am not interested in the distribution itself, but in seeing the wallet sizes whose proportion of bitcoin grows or shrinks.  The distribution is largely opaque in terms of useful info for the reasons CryptoDomains mentioned, but the changes over time are telling.

There are 31,601,626 holding less than or than 0.001 at at Block 295,000. That is a bit surprising.

[franky1]

you are going to see the number of sub 0.001 wallets increase to hundreds of millions.. purely due to merchants that implement 'use once' addresses.

these millions of addresses wont tell you how many people have any coin. or how many of the addresses belong to how many bitcoin merchants. thus useless trying to analyze it for any useful info/statistic

thus the topic title
"Bitcoin Distribution of Wealth Detailing the BTC Holdings of Wallet Addresses" is erroneous

[BunsenBurner]

you are going to see the number of sub 0.001 wallets increase to hundreds of millions.. purely due to merchants that implement 'use once' addresses.

Shouldn't the merchants (or coinbase/bitpay if merchants use them) "consolidate" the btc?

[keithers]

you are going to see the number of sub 0.001 wallets increase to hundreds of millions.. purely due to merchants that implement 'use once' addresses.

Shouldn't the merchants (or coinbase/bitpay if merchants use them) "consolidate" the btc?

Im sure they will once they feel there is enough value in doing so, anyone have an updated chart?

[Farmer17]

anyone have an updated chart?

As dscotese suggested, the site (http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address) provides an updated chart every 5000 blocks, and the latest one would be at block 295000 (Apr 9).

Or you can see the daily data on the following site.

Very interesting chart!  Where did it come from?  It would be nice to see a new chart every month to see how wallet distribution is changing.

You can see it daily at http://www.klmist.com/keysreport.html