How many individual holders of Bitcoin are there?

[EL MOHA]

106 million the number a found on this website
https://buybitcoinworldwide.com/how-many-bitcoin-users/

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.

[rahim066]

106 million the number a found on this website
https://buybitcoinworldwide.com/how-many-bitcoin-users/

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

[Assface16678]

106 million the number a found on this website
https://buybitcoinworldwide.com/how-many-bitcoin-users/

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.

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.

[PX-Z]

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?

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.

[usekevin]

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 s are holding Bitcoin.

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.

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

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.

[Onyeeze]

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.

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

[AmoreJaz]

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.

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.

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 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.

[legiteum]

and besides, what's the significance of knowing such figure? [...]

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 :-).

[MarjorieZimmermanGinger]

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.

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?

[legiteum]

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 :-).

[thecodebear]

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.

[Iamcrypticguy]

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.

True no way how someone can know that ahah

[btc78]

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

[coinerer]

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.

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

[adaseb]

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.

[NeilLostBitCoin]

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.

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.

[pinggoki]

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.

[lovesmayfamilis]

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.

[Taskford]

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.

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.

[8rch7]

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.

Alot!!!
Way more than 50
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)

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.