Working on a new dashboard: Bitcoin Wealth Distribution which visualizes the addresses by value held in fiat terms. The best part? I can actually get this data dynamically and update it every hour.
I’ll integrate this into @`BTC Frame` soon, and I’m calling it: "The Lighthouse of Freedom" 🌍⚡ 
That's misleading because any single entity could be controlling more addresses.
Could be even less Bitcoin owners
That is really cool because as the price of bitcoin 🚀goes up, the number of addresses in each group will keep increasing. I like the different way of thinking about it. Everyone always thinks how many coins are in each wallet and then changes the scale of the number of coins as price goes up, but this is so much cleaner.
Nice! And I guess the adresses don’t add up, right? So its 47M overall with >$1 in BTC. And only 23M of that have >$10 and so on.
Yup.
I would play around with how this is sized. Bigger blocks for more addresses to show accurate distribution.
Yes, the design isn't finalized yet. Still pretty premature but it's challenging task to create the value property of each data node to determine the proportional size via JavaScript.
Interesting. I’m thinking even simpler terms, just size the blocks in the tower according to volume of addresses. Would show how few addresses hold big amounts and how fragmented the distribution is.
This is definitely what I'll try to achieve. The best design approach for these kind of visualizations is a treemap but I'm already using it for the total global assets dashboard at btcframe.com, so I don't wanna repeat the same design pattern twice.
I get it. Fun analysis and lots of possibilities depending on what you’re trying to show
⚡️
That’s amazing, less than 4 million people own over 0,1 Bitcoin (?)
That's what the data indicates but remember, these are addresses not unique wallets. This doesn’t necessarily mean that all addresses are owned by different individuals. So I’d say the actual number is likely lower than 4 million.
That means most of the wealth in bitcoin (over $1M) is hold by 0.17% of wallets. And 94% of wallets have less than 1k..
How liberating!
Sounds like a bigger scam than fiat to me.
Beautiful!!! You should make an option to compute and render it denominated in sats too, from above 100 BTC down to below 100,000 sats.
GM Nostr! Happy Saturday! New dashboard is nearly complete which features the Bitcoin Wealth Distribution visualization, showcasing wallet addresses categorized by the value they hold in USD.
