Bitcoin Forum
May 14, 2024, 10:39:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: z  (Read 1521 times)
znort987 (OP)
Early bitcoin miner
VIP
Member
*
Offline Offline

Activity: 72
Merit: 10



View Profile
z
March 08, 2012, 11:51:06 AM
Last edit: April 23, 2013, 05:34:44 AM by znort987
 #1

z
1715683171
Hero Member
*
Offline Offline

Posts: 1715683171

View Profile Personal Message (Offline)

Ignore
1715683171
Reply with quote  #2

1715683171
Report to moderator
1715683171
Hero Member
*
Offline Offline

Posts: 1715683171

View Profile Personal Message (Offline)

Ignore
1715683171
Reply with quote  #2

1715683171
Report to moderator
1715683171
Hero Member
*
Offline Offline

Posts: 1715683171

View Profile Personal Message (Offline)

Ignore
1715683171
Reply with quote  #2

1715683171
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715683171
Hero Member
*
Offline Offline

Posts: 1715683171

View Profile Personal Message (Offline)

Ignore
1715683171
Reply with quote  #2

1715683171
Report to moderator
1715683171
Hero Member
*
Offline Offline

Posts: 1715683171

View Profile Personal Message (Offline)

Ignore
1715683171
Reply with quote  #2

1715683171
Report to moderator
kjlimo
Legendary
*
Offline Offline

Activity: 2100
Merit: 1031


View Profile WWW
March 08, 2012, 12:03:13 PM
 #2

I thought it was easier to just look for IP addresses of people running the bitcoin client.  There are also people monitoring the # of transactions.

Users is a good measure of how bitcoin is growing; however, transaction & economic activity are more important.

I'm assuming you're trying to prove that bitcoin is growing?  Anything else you are trying to support with this information?

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
vuce
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
March 08, 2012, 12:26:55 PM
 #3

   . Find connected subgraphs of said graph (transitive closures)

this would also connect users together, via transactions between them, wouldn't it? Since there is no easy way to distinguish which output goes back to the user and which don't I don't think this would be a pretty good estimate without some really clever logic behind it...
kjlimo
Legendary
*
Offline Offline

Activity: 2100
Merit: 1031


View Profile WWW
March 08, 2012, 01:21:51 PM
 #4

I thought it was easier to just look for IP addresses of people running the bitcoin client.  There are also people monitoring the # of transactions.

IPs tell you very little:
    - Folks connect thru tor
    - Folks connect thru firewalls (esp. mobile users)
    - Folks have dynamic IPs
    - They tell you nothing of actual usage

And, at best, they give you a current snapshot, not the whole history.

I'm assuming you're trying to prove that bitcoin is growing?  Anything else you are trying to support with this information?

Yes, partly, but also get an idea of the actual number of users rather
than the volume or the number of TX. This is a rather different thing.



If we get a snapshot, that may be better than a history.  If people get bitcoins and then never use them, this does nothing for the bitcoin economy other than reduce the number of bitcoins in circulation.

For similar reasons, the number of people transacting in bitcoins is likely more important than that number of people who own bitcoins.

For that I would likely just use Mtgox's information provided of approxmiatly 30,000 people with accounts that have traded bitcoins for currency within the past 30 days.

Assuming this is 25-75% of the number of people who "own" bitcoins, that puts us at around 40,000-100,000ish "users."

What are you going to do with this information?

I personally would like to know the number of bitcoin users in each local market.  This would be a great statistic to use to explain how much of a market there is for brick & mortar stores to start accepting bitcoins.

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!