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Author Topic: Number of Blockchain wallet users are now above 35 million  (Read 648 times)
MakeMoneyBtc
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April 22, 2019, 01:07:11 PM
 #81

Don't forget that a lot of people are using multiple wallets so the percentage of total population that is using bitcoin is very small.  I know the total marketcap seems huge buts its still a drop in the bucket compared to dollars.
Even if 35 million people would use bitcoin ,thats still a very small number since there are 7 billions people on this planet. So, this number of 35 million is probably somewhere around 5-10 million people or so since as you said many people are using multiple wallets.
maianh09
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April 22, 2019, 01:51:08 PM
 #82

Still a painfully low amount of wallets.  Lots of people have many wallets and even less have a significant amount of bitcoin.  This really shows how far off we are for full adoption but this just means the price has a lot of room to grow.

You also have to consider the rate of the growth the number of wallets took from  a few years back. In crypto's early stages, it's not bad at all. We don't have any mass adoptions happening just yet as well so this figure is something to be hopeful about instead of something tonbe disappointed in.
This is an expected number when the number of platform users reaches 35 million registered users. But I believe that the real number is much lower because many people do not use this platform anymore and many people own many different wallets. But this is okay because this is a great platform when it attracts users to choose.
sunsilk
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April 22, 2019, 10:09:53 PM
 #83

I think that the airdrop who spent this wallet together with the Stellar company gave such results. This is probably the most reliable way to store Bitcoins.
With the years of their operation, I guess they already have millions of users and that airdrop of Stellar did gained more users for the said reward of $25 worth of XLM. With regards to that, the stats shows on how massive the adoption is.

There can be someone that has another one blockchain.com wallets but that's 35 million and that number is too high. I remember last 2017, Coinbase did a report also on how many users they get monthly and it's a whopping 1 Million users per months added to their database.

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April 22, 2019, 10:12:34 PM
 #84

Still a painfully low amount of wallets.  Lots of people have many wallets and even less have a significant amount of bitcoin.  This really shows how far off we are for full adoption but this just means the price has a lot of room to grow.

You also have to consider the rate of the growth the number of wallets took from  a few years back. In crypto's early stages, it's not bad at all. We don't have any mass adoptions happening just yet as well so this figure is something to be hopeful about instead of something tonbe disappointed in.
This is an expected number when the number of platform users reaches 35 million registered users. But I believe that the real number is much lower because many people do not use this platform anymore and many people own many different wallets. But this is okay because this is a great platform when it attracts users to choose.

Yes very correct. That number can be considered superficial. Is even half of it still in active status? They should publish the number of active wallets also. Because that number is useless. Most of them have not been touched for years. I guess.
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