Author

Topic: Trivia question regarding bitcoin usage (Read 492 times)

legendary
Activity: 2786
Merit: 1031
January 19, 2016, 04:48:02 AM
#7
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did come up with this figure?

If anything, it looks like an arithmetic average, OP was asking for median (middle value in a set of data). If the source I posted above is correct, over 97% of addresses with balance contain less than BTC0.001, so median will be somewhere in this bracket (0-0.001).


You're right, I've read it wrong.
legendary
Activity: 2436
Merit: 1561
January 19, 2016, 04:25:40 AM
#6
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.

How did you come up with this figure?

If anything, it looks like an arithmetic average, OP was asking for median (middle value in a set of data). If the source I posted above is correct, over 97% of addresses with balance contain less than BTC0.001, so median will be somewhere in this bracket (0-0.001).
legendary
Activity: 2786
Merit: 1031
January 19, 2016, 04:13:36 AM
#5
I'm not looking for per person, I am just looking for the median value in an address.

It's 0,13159155 BTC/address.
full member
Activity: 182
Merit: 107
January 18, 2016, 10:07:39 PM
#4
I'm not looking for per person, I am just looking for the median value in an address.
legendary
Activity: 2436
Merit: 1561
January 18, 2016, 05:43:10 AM
#3
Check this topic:

Distribution of bitcoin wealth by owner  https://bitcointalksearch.org/topic/distribution-of-bitcoin-wealth-by-owner-316297

This thread is a bit outdated, I think this source could be better (although not live-updated):

http://www.bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=390000

But it's worth to note that 1 address doesn't equal 1 person (bitcoin user).
legendary
Activity: 2786
Merit: 1031
January 18, 2016, 04:57:01 AM
#2
Check this topic:

Distribution of bitcoin wealth by owner  https://bitcointalksearch.org/topic/distribution-of-bitcoin-wealth-by-owner-316297
full member
Activity: 182
Merit: 107
January 17, 2016, 05:07:03 PM
#1
How many addresses currently have value and what is the median value in a bitcoin address that currently has value associated with it?

I'm sure that is calculated somewhere...
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