How to calculate in what % of Bitcoin holder are you?

[pereira4]

I mean, how to know how much people out there has the same amount of BTC that you have in relation to current supply situation? Is there a way to get this done in real time as accurate as possible? For example in a website you put your BTC amount in your wallet which is X, and it says "this % of population in the world owns X amount of BTC in (current date)"

For example, this is taken from rpietila thread:

22. Apr 2014

#People   #Bitcoins          #TotalBitcoins
70           BTC10k+          3.6M
930           BTC1k-10k          2.2M
13k           BTC100-1k          3.0M
85k           BTC10-100          2.3M
250k           BTC1-10          0.8M
340k           BTC0.1-1          0.1M
230k           BTC0.01-0.1      0.0M
90k           BTC0.002-0.01   0.0M

Total: 12.2M bitcoins (0.5M bitcoins assumed lost)

But with realtime up-to date variables so you get an updated %.

[RussianRaibow]

For example, this is taken from rpietila thread:

22. Apr 2014

#People   #Bitcoins          #TotalBitcoins
70           BTC10k+          3.6M
930           BTC1k-10k          2.2M

This is incorrect. Top 70 are actually cold addresses of exchange/miner/big bitcoin business. Next 930 are hot addresses of exchange/miner/big bitcoin business. Individual's address count starts after that. You can never know how much an individual holds unless he comes forward and tells you. From blockchain analysis, you may get the holding data of individual addresses.

[bri912678]

You can work out the information you want from the chart on this site. It get's updated in close to real time and gives the percentage of wallets that hold specific ranges of Bitcoin balances. From the chart, if your wallet holds between 0.001 to 0.01 Bitcoins then there are 15.05% other wallets in the same range which hold 0.02% of all the available Bitcoins.

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

[dothebeats]

Hard to know if addresses belong to a single individual or not. I mean, I can have different addresses with different balances. Would you be able to guess which is mine? You will if I told you. but the top addresses would belong to exchanges/gambling sites/other large services in the bitcoin economy, and that is pretty obvious.

[zencomp]

Hard to know if addresses belong to a single individual or not. I mean, I can have different addresses with different balances. Would you be able to guess which is mine? You will if I told you. but the top addresses would belong to exchanges/gambling sites/other large services in the bitcoin economy, and that is pretty obvious.

what you said is correct you can never find who is keeping how much percentage. that is the beauty of bitcoin that you cannot know that who owns how much. that is why large number of users are adopting bitcoin, because minors can use bitcoin for gambling wheres using fiat they have to give their personal details, but for bitcoin user you just have to give your wallet address from where you are going to send and receive the bitcoins.

[bri912678]

Hard to know if addresses belong to a single individual or not. I mean, I can have different addresses with different balances. Would you be able to guess which is mine? You will if I told you. but the top addresses would belong to exchanges/gambling sites/other large services in the bitcoin economy, and that is pretty obvious.

There are some well known addresses with giant balances that belong to certain exchanges. However, it's impossible to know whether the rest of them belong to a single individual or not. Some have giant balances but the coins haven't moved in years, so people speculate the owner(s) might have lost the private key, and we might never find out who they belong to.

Block explorers often store IP addresses associated with each Bitcoin address, but that information's not available for very old addresses that haven't had any recent transactions. In addition, some addresses only have Tor IP addresses associated with them, so there's no way to find out who they belong to using IP data.

[2legit2]

thats some nice statistics too bad i have only 0.003 btc

[Denker]

thats some nice statistics too bad i have only 0.003 btc

Then keep on accumulating my friend. I don't know much you can afford to buy but each bit counts is my opinion.

[RustyNomad]

What makes it even more difficult is the fact that people spread their coins over several addresses and do not necessarily keep all their coins on a single address. Just check that list of the 100 richest addresses. You will see that there are many addresses with a round number of bitcoin in them. You will for instance find several addresses with say 10,000btc or 5,000btc or even 1,000.

So several of these addresses might belong to the same individual/business/exchange but you will never be able to determine this.

[Mickeyb]

There is no real accurate way for this to be done OP as others have explained you. To be honest, I don't know why you would like to know this? I mean, I would just get disappointed when I would find out an info that you are looking for since there are many people with much more bitcoins than me. Also I have a feeling that I would be never satisfied with the amounts of coins that I do have. The best is to not know!

[Pierre 2]

Thanks for this information. It may not be completely true but it is still a good example.
It kinda shows how people trusts bitcoin as where they piled up on.

[jaberwock]

There is no way to know because people may have multiple addresses and many addresses may be abandoned or with private keys lost

[Hugroll]

the information is very intriguing, i am in the 1-10 bitcoin holder category. i didnt know that was considered just an average consumer, i thought the average bitcoin holder only had like 0.5 coins. its interesting but im not sure about the credibility of the stats 

[1Referee]

This information doesn't look very genuine. And beside that, some people who have a huge load of coins, may have split their total coinage into hundreds of addresses just to stay under the radar. Exchanges have thousands of addresses filled with coins.

[franky1]

im in the top 930 people... based on total coins..

but looking at my wallet, the way the funds are split...
makes me represented as being in 5 groups...
85k           BTC10-100          2.3M
250k           BTC1-10          0.8M
340k           BTC0.1-1          0.1M
230k           BTC0.01-0.1      0.0M
90k           BTC0.002-0.01   0.0M

secondly i know of an exchange who's private holdings (corporate profits not users funds) puts them in the 85k bracket.. yet their cold store address puts them in the top 70, because they sweep hundreds of users funds into an address.

and on the flip side.. hundreds of users who should be in the 340k bracket.. are actually at 0... because they dont have funds in their private keys.. their funds are mixed in with other people's in the exchange which is ranked in the top 70.. even though as i said the exchange itself (morally) doesnt own that much