>96.53% of all BTC owned by 4.11% of addresses
>70%+ of all mining done by a few major Chinese firms
>Bitcoin governed by a small core of developers who answer to one person
>decentralised currency
The experiment failed, lads.
96.53% of all BTC owned by 4.11% of addresses
Colton Hernandez
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Asher Jenkins
>96.53% of all BTC owned by 4.11% of addresses
Sauce?
Xavier Fisher
>96.53% of all BTC owned by 4.11% of addresses
Yes, and think of how many millions of addresses there are. I personally have 5 different BTC addresses and keep my coins on none of them. That's 5 empty addresses from 1 guy.
Christian Kelly
It hasn't even begun by dear friend. It's still the right time to pump as much into it as you can. Be ready for being rich when the real breakthrough happens.
Michael Rogers
Unless the address contains funds it won't show up anywhere, brainlet.
Tyler Jones
>96.53% of all BTC owned by 4.11% of addresses
90% of addresses are inactive. Addresses don't equal people.
Jonathan Wright
chink miners are a true threat, yes, everything else isnt an issue though
the 4% means nothing because most addresses are single use only, and that also ignores all coins in exchanges or cold storage wallets like coinbase.
all you should be looking at are general coin distribution rates. bitcoin is the lowest while coins like litecoin are the worst, with 75% of all coins stored in only 1000 addresses.
Connor Parker
what about all the addresses with a couple hundred satoshi only
and all the lost wallets with unknown amounts of btc
Alexander Walker
>what about all the addresses with a couple hundred satoshi only
Those are trackable.
>unknown amounts of btc on a wallet
No such thing.
Jordan Robinson
Can this be an emma roberts thread
Nathan Robinson
>96.53% of all BTC owned by 4.11% of addresses
Ask yourself:
How many mined just for "fun" at the beginning and throw aways their keys, lost passwords or harddrive broke?
Jayden Ward
Wrong. It does show up if there's been a transaction on it. You can create 10 addresses and just pass around 1 btc on them, it went from address 1 to 10 and now u got 9 empty addresses. People do not create addresses for 0 reasons. Most of the time you need it to receive or send bitcoin from without disclosing one of your main addresses. The whole 4.11% of addresses argument is a logical fallacy. I personally have all my bitcoins on something like 25 addresses and probably created over 1000 "registered" addresses over the years, yet they're all empty.
Jason Johnson
Owen Perry
feet pics?
Michael Carter
It is a dumb fuck statistic anyway.
There are millions of people who keep their BTC on exchanges, all clumped into a few addresses.
The idea that 4.11% of bitcoin holders have 96% of bitcoin is wrong.
Julian Taylor
Looks like I'm the brainlet for not saying funds instead of "funds and past transactions".
Caleb Martinez
>96.53% of all BTC owned by 4.11% of addresses
Stop buying bitcoin, problem solved.
Robert Cruz
who is this semen demon?
Zachary Turner
>Not able to read filenames
You sure bought bitbeans
Christopher Hall
Guess who owns 99.9pc of those 4.11pc of addresses?
I actually think the experiment succeded
Sabogtoshi
Hunter Hughes
this. I probably have 20 empty addresses for each one with a balance
Matthew Cooper
MONERO
Gavin Jenkins
Blockchain tech is the future
Cryptocurrency is retarded and will not last
Prove me wrong
Jacob Wright
i have 34 BTC wallets.
Julian Nelson
Your mom has one BBC wallet