<p>As of <a href="http://arstechnica.com/tech-policy/2012/10/78-percent-of-bitcoin-currency-stashed-under-digital-mattress-study-finds/" rel="nofollow">October 2012, it was determined that around 78% of all bitcoins minted (as of May 13 2012) were being hoarded "in user accounts that have never participated in outgoing transactions"</a>, meaning that all other trading and commerce was actually being transacted with a "float" of the remaining 22% (i.e. less than 1 in 4); and there is really no way of knowing how much of THAT might simply be faux-"trades" between accounts owned by the same entity.</p>

<p>Certainly very little of the total float (and thus even less of the total "coinage") is actually being used as a "currency" to make purchases.</p>

CC BY-SA 3.0
2013-12-07T16:24:25.567Z
2013-12-07T16:31:33.690Z
2013-12-07T16:31:33.690Z
J B Harshaw
<p>There's no real way to know but in the last 30 days, about 5,000,000 BTC were traded among all the exchanges that are reporting. You can also see how that breaks down by exchange according to this chart: <a href="http://bitcoincharts.com/charts/volumepie/" rel="nofollow">http://bitcoincharts.com/charts/volumepie/</a></p>

CC BY-SA 3.0
2013-11-28T14:51:29.750Z
2013-11-28T14:51:29.750Z
Bitlab.co
<p>Clearly a lot of BTC are being hoarded by either early adopters, or small scale speculators like myself, holding out to see what it's value is in 10 or so years.</p>

<p>What percentage of bitcoins are actually changing hands of a regular basis?</p>

<trade>
What percentage of bitcoins are being traded/used on a regular basis?
user1068446
# What percentage of bitcoins are being traded/used on a regular basis?

(Asked by: username_0 on 2013-11-28)

Clearly a lot of BTC are being hoarded by either early adopters, or small scale speculators like myself, holding out to see what it's value is in 10 or so years.

What percentage of bitcoins are actually changing hands of a regular basis?

**Tags:** trade


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## 2 answers

### Answer by username_1 on 2013-12-07. Score: 1 | Accepted answer

As of [October 2012, it was determined that around 78% of all bitcoins minted (as of May 13 2012) were being hoarded "in user accounts that have never participated in outgoing transactions"](http://arstechnica.com/tech-policy/2012/10/78-percent-of-bitcoin-currency-stashed-under-digital-mattress-study-finds/), meaning that all other trading and commerce was actually being transacted with a "float" of the remaining 22% (i.e. less than 1 in 4); and there is really no way of knowing how much of THAT might simply be faux-"trades" between accounts owned by the same entity.

Certainly very little of the total float (and thus even less of the total "coinage") is actually being used as a "currency" to make purchases.


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### Answer by username_2 on 2013-11-28. Score: 0

There's no real way to know but in the last 30 days, about 5,000,000 BTC were traded among all the exchanges that are reporting. You can also see how that breaks down by exchange according to this chart: <http://bitcoincharts.com/charts/volumepie/>


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