Top Bitcoin Statistics (2022) | Bitcointalksearch.org

developeron29

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Quote from: CryptoHeadlineNews on August 24, 2022, 06:26:31 PM

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 85.77% of all bitcoin holders are Men

I simply don't agree with this statement of yours, because if I could remember vividly while registering for a wallet address, there was actually no column for gender (male or female), of which that would have been the source of data used to analyze this, but since there was non, this statement is nullify

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* 200,000 transactions happen every day on the Bitcoin network

Actually, according to blockchain.com, the total number of Bitcoin transactions which happens daily is not 200,000 but rather 252,927

- Many different researches claim this number. average of 90% Bitcoin users being men. One such research by bitcoinist - https://bitcoinist.com/google-analytics-bitcoin-demographics/ . Mine is based on different user data plotting and analysis but i would say 80 - 90% are men, based on cumulative results from different sources

- Transactions happening every day are different every day, so it is an average

CryptoHeadlineNews

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Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 85.77% of all bitcoin holders are Men

I simply don't agree with this statement of yours, because if I could remember vividly while registering for a wallet address, there was actually no column for gender (male or female), of which that would have been the source of data used to analyze this, but since there was non, this statement is nullify

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* 200,000 transactions happen every day on the Bitcoin network

Actually, according to blockchain.com, the total number of Bitcoin transactions which happens daily is not 200,000 but rather 252,927

1miau

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Quote from: developeron29 on August 23, 2022, 10:53:08 PM

Quote from: 1miau on August 23, 2022, 06:18:22 PM

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* India has the most Bitcoin holders at over 100 million active addresses while US tops the list of country with the maximum Bitcoin holding

In my opinion, it's hard to make a statement here. Since Bitcoin is pseudonymous, we don't know where many people are from, so it's hard to say xxx active addresses are from country xy. It's probably right that US citizens have the most Bitcoins since very rich players from US are in favor of Bitcoin but not all holdings are known.

Mine is an analysis from data through a different source(combining data from major exchanges). But here's a latest research from Kucoin(published yesterday) about India having more than 100 million(115 million from their research) invested in crypto in 2022
https://watcher.guru/news/crypto-investors-in-india

Yeah, so it seems to be just an approximately estimated number where real numbers could be different.
For sure, India has many people owning crypto but most likely it's just because India has so many people. Cheesy

The survey from KuCoin is interesting but I don't know how KuCoin can deliever reliable numbers of total crypto holders in India for their survey.
It looks like it's an internal survey from people registered on KuCoin, as it says "among crypto holders".

developeron29

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Quote from: Flexystar on August 24, 2022, 03:38:50 AM

I am not sure about the authenticity of the OP info but few of them are really Topic of debate. For example, India holding highest bitcoin with active addresses? I don’t get it, how is it possible for them to hold that much in the bitcoin when the rules are strictest and taxes are at its peak rate.

How that is counted and what were the factors that used to determine if those addresses were from India ?
Did they traced the IP used for registration, or did the Indian exchanger have information about it publicly available?

I can understand about USA being too adopter since most of the ATMs are there, Most of the big institutional investors come from that land. But rest, I am not sure really.

This is based on data cited through different sources and then doing a comparison
For reference-
KuCoin's india's user report.- https://drive.google.com/file/d/10VtxR_F0xkTFd4fHznYm4_eqGmrrth2G/view

Flexystar

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I am not sure about the authenticity of the OP info but few of them are really Topic of debate. For example, India holding highest bitcoin with active addresses? I don’t get it, how is it possible for them to hold that much in the bitcoin when the rules are strictest and taxes are at its peak rate.

How that is counted and what were the factors that used to determine if those addresses were from India ?
Did they traced the IP used for registration, or did the Indian exchanger have information about it publicly available?

I can understand about USA being too adopter since most of the ATMs are there, Most of the big institutional investors come from that land. But rest, I am not sure really.

hugeblack

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Quote from: developeron29 on August 23, 2022, 04:06:30 PM

This is based on the information from exchanges like binance, coinbase based on the demographics data of their existing users.

Here is a full comparison for the Number of users by country

Even with these estimates, there is no independent third party that can confirm them, and therefore it is difficult to be sure of their validity. They may be useful as an approach in a news channel, but they are not accurate statistics.

I don't know which site you took as a reference but many stats about Bitcoin should be centered around data collected from the blockchain.

pooya87

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Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* If you had invested $1 in Bitcoin in 2009, You would have $250,000 now

In 2009, bitcoin didn't exactly have a price! Basically you should have dedicated your CPU power to mine bitcoin and get the 50BTC block reward.

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* Approximately 900 Bitcoins are generated every day

FTFY, there could be more or less than 144 blocks per day.

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* Largest transaction in Bitcoin has been 500,000 BTC , sent in 2011

Actually it was 550k

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* Bitcoin miner's collectively make $30 million every day

900BTC*21000$/BTC=$18,900,000! I doubt they make $11.1 million in fees.

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* 85.77% of all bitcoin holders are Men
This is based on the information from exchanges like binance, coinbase based on the demographics data of their existing users.
Here is a full comparison for the Number of users by country

These are not bitcoin holders or bitcoin users. These are a fraction of bitcoin users that signed up on these centralized services.

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* Year 2140 is predicted to be the last year to mine bitcoins

Wrong. Bitcoin mining will continue as long as bitcoin exists.
The last coin will be mined around 2140.

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* Binance remains the most preferred Bitcoin exchange

Wrong. Binance is the biggest altcoin exchange.

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* Bitcoin addresses used have reached the 1 Billion address in count, in 2022

FTFY

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* India has the most Bitcoin holders at over 100 million active addresses while US tops the list of country with the maximum Bitcoin holding

You can't count these things since bitcoin addresses don't have a geolocation attached to them!

davis196

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There have been multiple threads about such info related to Bitcoin.
Making another thread with the same "Bitcoin was valued XXXX USD back in 2010-2011, now Bitcoin is worth XXXXXXX USD" type of historical data is pointless. Do you want to boost your post count? Do you really think that such posts add any value to the discussion around Bitcoin?
Who cares about how much Bitcoin was valued back in 2009 and how many Bitcoins are mined every day?
The people care about the future of Bitcoin and the future BTC prices. The minority of tech savvy people care about the upcoming changes and improvements of the Bitcoin Core blockchain. I'm not one of them, though. Grin

Maybe we should stop being so focused on the past and start being more focused on the future.

developeron29

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Quote from: 1miau on August 23, 2022, 06:18:22 PM

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* If you had invested $1 in Bitcoin in 2009, You would have $250,000 now

As far as I know, the first product to be purchased from BTC was Lazlo's Pizza on May 18, 2010: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137

Let's say a Pizza is valued at 20$ and Lazlo spent 10k BTC to purchase 2 Pizzas. So 5k BTC for a Pizza of 20$. 1$ would translate to 250 BTC.
At a price of 20k USD per BTC today, 250 BTC would be 5,000,000 USD for 1$ used in Lazlo's pizza purchase in May 2010

I don't know what your numbers are...

First price mentioned on Bitcoinwordwide's price statistics was also captured in late 2010:

https://buybitcoinworldwide.com/price/

So, I don't know about any reliable price back in 2009...

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* India has the most Bitcoin holders at over 100 million active addresses while US tops the list of country with the maximum Bitcoin holding

In my opinion, it's hard to make a statement here. Since Bitcoin is pseudonymous, we don't know where many people are from, so it's hard to say xxx active addresses are from country xy. It's probably right that US citizens have the most Bitcoins since very rich players from US are in favor of Bitcoin but not all holdings are known.

Mine is an analysis from data through a different source(combining data from major exchanges). But here's a latest research from Kucoin(published yesterday) about India having more than 100 million(115 million from their research) invested in crypto in 2022
https://watcher.guru/news/crypto-investors-in-india

1miau

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Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* If you had invested $1 in Bitcoin in 2009, You would have $250,000 now

As far as I know, the first product to be purchased from BTC was Lazlo's Pizza on May 18, 2010: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137

Let's say a Pizza is valued at 20$ and Lazlo spent 10k BTC to purchase 2 Pizzas. So 5k BTC for a Pizza of 20$. 1$ would translate to 250 BTC.
At a price of 20k USD per BTC today, 250 BTC would be 5,000,000 USD for 1$ used in Lazlo's pizza purchase in May 2010

I don't know what your numbers are...

First price mentioned on Bitcoinwordwide's price statistics was also captured in late 2010:

https://buybitcoinworldwide.com/price/

So, I don't know about any reliable price back in 2009...

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* India has the most Bitcoin holders at over 100 million active addresses while US tops the list of country with the maximum Bitcoin holding

In my opinion, it's hard to make a statement here. Since Bitcoin is pseudonymous, we don't know where many people are from, so it's hard to say xxx active addresses are from country xy. It's probably right that US citizens have the most Bitcoins since very rich players from US are in favor of Bitcoin but not all holdings are known.

developeron29

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Quote from: bitmover on August 23, 2022, 04:11:04 PM

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 3500 Bitcoins are generated every day

I stopped your text here.

6.25 bitcoins are mined in every block.
As it takes 10min per block, 6×24 = 900 btc mined per day.

That is correct. Thanks for finding the error
I have updated the article and credited to your profile under references

Thanks!

bitmover

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Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 3500 Bitcoins are generated every day

I stopped your text here.

6.25 bitcoins are mined in every block.
As it takes 10min per block, 6×24 = 900 btc mined per day.

developeron29

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Quote from: hugeblack on August 23, 2022, 07:15:42 AM

Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 85.77% of all bitcoin holders are Men
* India has the most Bitcoin holders at over 10 million active addresses while US tops the list of country with the maximum Bitcoin holding

I do not want to question the accuracy of all the previous information, but how were you able to determine the percentages above? Bitcoin is not a central currency and therefore it is difficult to verify the identity of people who have Bitcoin, without imposing KYC for all users, the same applies to countries, whether it is India or others.

This is based on the information from exchanges like binance, coinbase based on the demographics data of their existing users.

Here is a full comparison for the Number of users by country

yazher

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You own the pen

What I'm looking forward to are the next countries that will gonna be legalizing bitcoin or implementing it as their official currency. we are now heading to the future where the probability of having more countries will adopt it has a higher chance to increase in the next years to come. Nevertheless, after EL Salvador successfully have a good result of what they've done in their country with bitcoins, other countries will also follow in their footstep no doubt about it.

hugeblack

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Quote from: developeron29 on August 23, 2022, 05:28:47 AM

* 85.77% of all bitcoin holders are Men
* India has the most Bitcoin holders at over 10 million active addresses while US tops the list of country with the maximum Bitcoin holding

I do not want to question the accuracy of all the previous information, but how were you able to determine the percentages above? Bitcoin is not a central currency and therefore it is difficult to verify the identity of people who have Bitcoin, without imposing KYC for all users, the same applies to countries, whether it is India or others.

developeron29

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Hi! Here is a list of Top Bitcoin Statistics

* If you had invested $1 in Bitcoin in 2009, You would have $250,000 now

* 900 Bitcoins are generated every day
Note- Thanks to bitmover- https://bitcointalksearch.org/user/bitmover-1554927 for correcting this and helping with the maths

* Largest transaction in Bitcoin has been 500,000 BTC , sent in 2011

* Bitcoin miner's collectively make $30 million every day

* StarCraft Tournament awarded 25 Bitcoins to a user who came 4th in the game, in 2011. First prize was $500. 25 Bitcoins are worth $650,000 today

* 85.77% of all bitcoin holders are Men

* Bitcoin's trading volume averages at $100 billion per day

* 200,000 transactions happen every day on the Bitcoin network

* Year 2140 is predicted to be the last year to mine bitcoins

* Binance remains the most preferred Bitcoin exchange with average of $14 Billion worth of trades happen every day through the platform

* El Salvador and Central African Republic have both made Bitcoin a legal tender

* Bitcoin addresses have reached the 1 Billion address in count, in 2022

* India has the most Bitcoin holders at over 100 million active addresses while US tops the list of country with the maximum Bitcoin holding

Complete list- https://blog.everycoinprice.com/top-bitcoin-statistics/

Feel free to share to add/update something

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