Less than a thousand people have half Bitcoins hands’




Less than a thousand people have half Bitcoins hands’

A group of 927 people, half of the generated Bitcoins in hands, as may be inferred from calculations based on data from Block Chain. An ‘elite’ of only 47 people would be nearly 29 percent of virtual money supply in their hands.

Bitcoin That says Bussiness Insider based on calculations of the Finnish entrepreneur Risto Pietilä. On Bitcointalk he published statistics based on information from Bitcoinrichlist. Based on Block Chain, which can be used as the ledger of the crypto-currency, and assuming a price of $ 1000 for 1 BTC and 12 million Bitcoins circulating seen 47 people were 28.9 percent of Bitcoins in their hands. A second group of 880 accounts for 21.5 percent, which 927 people half of all virtual coins have about hands.

The figures also show that about 10,000 people managing a quarter, while approximately one million people, the ‘crumbs’ may divide. Would further half a million Bitcoins in circulation, for example as a result of seizures by the government or the loss of passwords.

With such a skewed distribution in the possession of Bitcoins can be said that a small group has great influence on the pricing of the crypto currency. This seems in spite of various idealists who have subscribed. Virtual currency The recently breaking the $ 1000 limit , there are also 47 people worth at least $ 10 million Bitcoins possess.


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