Topic: How many individual holders of Bitcoin are there? - page 3. (Read 806 times)

It would be impossible as many people could make multiple wallets for holding Bitcoins, imagine 5 people having 3 wallets it's already 15 counts. The fact that Bitcoin is decentralized makes every user anonymous to ensure their security and safety. There are statistics for estimating how much Bitcoin has already been mined, sold in the market, or bought. There are also existing wallets that might be forgotten or don't even have any amount that one reason could already conclude that counting all the exact numbers of holders of Bitcoin would be impossible, but estimation could do.

The exact number of individual holders of Bitcoin is difficult to determine, but according to data collected by Buy Bitcoin Worldwide, there are an estimated 106 million Bitcoin owners worldwide. Additionally, the number of Bitcoin wallets is estimated to be around 200 million,However, it's important to note that these numbers are based on estimates, and the actual number of individual Bitcoin holders may vary.

It's somewhat difficult to know the actual figure of individuals that are holding Bitcoin currently reason being that some individuals have various means with which to buy and hodl Bitcoin but it can be possible to know the amount of Bitcoin that have been mined using the Blockchain technology.

 It is estimated that about 19 million Bitcoin have been mined so far out of the limited supply of 21 million Bitcoin which means that about 2 million Bitcoin is yet to be mined and it has also been speculated that by the year 2140, all the estimated Bitcoin of about 21 million must have been mined. So definitely, it's really impossible to know the number of individuals hodling Bitcoin but rather it is possible to know the total amount of Bitcoin accumulated by all individuals.

Unfortunately, there is no way you can tell the number of hodlers all over the world. You can tell how many addresses are there but you will never know how many addresses each hodler used. So there would be no certain strategy that will help us know the actual amount of hodlers.

However, I don't see any significance why you should know how many individual holders are there. Privacy should be given to each of them so we should not go deep with that. One thing is certain, the amount of holders is less than the amount of addresses as there are holders who are actually using more than one address.

I do not think that is possible to find out. A hodler is a hodler whether he has 10 usd worth of Bitcoin in his wallet or 100 million USD worth. We can try to find out which coins have remained in a wallet for how long but just because somebody moves coins betweens wallet does not reset the hodling period and that person is still hodling. So the amount of coins and the amount of time which those coins have been on a wallet say nothing about someone's status as a hodler.

Those are only two examples of things we cannot keep track of, but there are simply too many other variables we cannot account for. The only way we can know an estimation of how many hodlers there are, is through statistical mathematics and gathering certain data points. For example, a poll could reveal more information as we project the results on to the larger community outside of Bitcointalk. But again, that would not be entirely accurate.

I am sure there is some kind of a statistic for Bitcoin hodlers, especially that things are transparent and are recorded in the blockchain. So researchers can just rely on it alone, if they are not doing some kind of a survey. But there are still people who hid themselves using a mixer, so knowing the exact number can be hard. Then not all those wallets that has a BTC on them has an owner which are still alive. Unfortunately, some has perished already. Numbers are not a way anyway in understanding the market but it was the words. We can read the whitepaper and other write ups related to it. But that won't be enough if we won't make things serious and put what we learn in our head.

I would like you to forget about it as you will not find it, after all, Bitcoin is decentralised and it is trying to cover up for the privacy of some people, so it will make it difficult to ascertain this and I do not even know the reason for it. Also, don't forget that addresses could be known but many of them do not even have Bitcoin in them. However, you can rely on the market capitalization of the coin to know the value instead of wanting to poke a nose at those who are holding their asset.

To make matters worse, the confusion of knowing what you are seeking will be aggravated with people having their coins in different addresses. This means that a single person can still own 5 addresses that are stashed well with Bitcoin. Above all, I see no need for this.

op It's really hard to say exactly how many bitcoin holders there are. Usually many people hold bitcoins now so it would be very difficult to tell how many people hold bitcoins. If we work in a company, maybe it can be said in general how many employees are working from that company, but I think it is almost impossible to say how many people have bought bitcoins.

They have been so many attempts to know how many people uses Bitcoin or own Bitcoin but it all failed because of the same reason Charles Tim has mentioned above.

According to chainalysis there have been over 460 million Bitcoin address recorded including both empty wallets but it doesn't determine how people holds Bitcoin in reality because two people can own a Bitcoin address (multisig wallets) and other reasons why we can't actually know how many people holds people.

It's quite complicated, and it's even impossible to know how many people hold Bitcoin, because one person can have many Bitcoin addresses.  It is better to focus on the limited amount of Bitcoin supply available, the decreasing amount of available supply will certainly affect the price.  Therefore, it is better to focus on continuing to invest in Bitcoin rather than finding out how many people hold Bitcoin

Well, today it is around millions, but I do not think that these data are relevant in the comparison of knowing the market volume,now, for governments and exchanges, it if important.

Then, crypto.com estimates 420 million users. But it is still just an estimate, so the best way to determine a close number is to know the Txs, and in that sense this infographic serves to speculate the figure that we may never know with certainty.

^{source:https://www.techopedia.com/cryptocurrency/how-many-people-use-bitcoin}

I haven’t seen any statistics showing this question you asked. We don’t know how many bitcoin holders we have, even in our various areas, because you can’t invest and are telling people that you have invested in bitcoin because it will lead to being scammed and other things that are similar to such things. So, as other people have said earlier, that is how there is not an amount of bitcoin holders, although we have millions of them, but seriously, to say the exact amount of them, it will be hard. So therefore, you should know this from now on; we don’t actually know yet; other people have already said that.

Just take the example of p2p trading. Those people buying or selling bitcoin are always giving different addresses, so that means these people, whether the buyer or the seller, are using multiple addresses, and all their bitcoin inside them can be used to create more than 100 wallets for security purposes, so how will they be able to identify the amount of the holder? I believe it will confuse you to see that many people have already told you that 95% of bitcoin has already been held and mine, which means those bitcoins are already held by investors in different types of wallets, but to get the exact amount of people holding this bitcoin is what you will find difficult, man.

It seems that doing research or research on this will definitely be difficult. Because bitcoin is a highly anonymous asset, even the name of the owner of each wallet would be difficult to know. Plus, I don't think it's that important to know someone else's bitcoin amount. So it's better to focus on your own bitcoins and keep doing DIP.

I am not sure how there are some data analytics because its literally confusing to understand the number of individual bitcoin holders. I mean whenever I am performing a peer to peer transactions with one of the vendor they are generating new address each time. Now lets assume there are thousands of peeps like me whose doing such p2p transactions everyday. This means that vendor must be creating thousands or at least hundreds of addresses everyday for privacy purpose. How one can confidently say that these are individual addresses? I mean this adds up wrong data and they might consider them as hundreds of different individuals. As far as I understand there is just no way to segregate such addresses. I am surprised still they have such analytics. Also, cant imagine the same if collect all addresses from all the exchanges available around the globe.

no way to know exact numbers

but BTC is held on UTXO
and if there are 152m utxo. then there are less than 152m holders. because someone may have more then one utxo

but what is for sure there cant be more then 152m btc holders. however there can be hundreds of millions of centralised exchange balance records being promised coin if the withdraw.. but CEX balance records are not btc holders

There seem to be ways of estimating the numbers, which many on this thread have already posted. There are also ways of getting at individuals, as the advent of mixers demonstrates.

Obviously we can't get an exact number, but getting a vague idea can show us the trends, which is the most important thing.

The reason I asked is based on trying to understand the market, nothing personal.

Here it is possible to see how many wallets have Bitcoins but no one can say who will hold them for how many days as it is a personal matter. so no website or any individual can provide this information. And meanwhile it is not possible to extract any person's information through the Bitcoin wallet, that is why it is decentralized. Since no one can ever say what op wants to know, op should lock this topic. Because even if the answer to this question is not found here, there will be various types of unnecessary discussions which are completely unnecessary

If by any means any and every address could be traced right back to an individual, then that becomes a problem for Bitcoin as, some vital part of the development is its anonymity. You either get to lose that willing by tying yourself and identity to some address or not.
For most individuals, they change address just as you want because it’s that easy. Most times, you can generate several addresses on same wallet or using several wallets without having any link to show that it’s managed by a single individual or entity.

@OP, you just wouldn’t get that answer, find or develop a tool that can accurately do that. Very few and well funded exchanges have been able to archive some sort of linkage and that is mainly due to reports on an abuse from an address and consequently, bookmarking the address with all related transactions on it using its platform and the next is, signed addresses and addresses used per user on signature campaigns.

It doesn’t speak volume on the lost of addresses used by on forum users and off for users.
By the way @OP, the information you seek has got little to no good to do in the cryptospace.

You cannot call it decentralized if you can name names of whom are holding and from where and when. so sorry to tell that there are no record or even estimation of actual Holders or Users but  what we can see is How many wallets are in moving or used but that does not prove how many users because there are wallets that is being owned by single person some even using thousand of wallet for single person .
but what I wanna ask is for what that you ask this? is there by any chance that you have to know this ?or something to do with you?

No one has a way of knowing. I think a person can have multiple bitcoins in multiple wallets. Asking such a question seems strange to me. But no one can say for sure who has how many bitcoins or who is investing how many bitcoins.It is unknown to everyone how many bitcoins people in the world have or how many bitcoin addresses they have.Let's come to your point since you ask this kind of question the answer I would say is that millions of people in the world have bitcoins you have to believe because you don't know.