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RE: How many people own Bitcoin, and how large are their wallets?

in #bitcoin4 years ago

This is a wonderful post and very eye opening. Thank you for digging in and finding this info. I also tells me that we are not in a bubble, but does show that the highest on the totem pole have a lot of power to influence the price.

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Thank you very mucho! We are certainly not in a bubble. BUT, there is a lot of FUD, so it will continue to be volatile. Sure enough, the biggest accounts do have a lot of power to influence price, but it is much better than it was one year ago. Back then there were almost no accounts which held between 0,1-100 BTC. Now, there are much more.

I agree! I'm one of those people in the new category too.