Nearly 35 million Blockchain wallet users at the end of March 2019

[jonathan6655321]

I just found out about this statistic and I think it's pretty impressive.
Here' is information from Statista:

"The number of Blockchain wallets has been growing since the creation of the Bitcoin virtual currency in 2009, reaching nearly 35 million Blockchain wallet users at the end of March 2019. "
https://imgur.com/UWrT8c5


source
https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/

[Ailmand]

That's just an indication that cyptp have gone so far and has evolved and reached a lot of people. However, those wallets for sure aren't considered as 1:1 because some users are using multiple wallets for some reasons. 35 million is still a big number. It will surely go higher once the market reaches the bull run season because it will catch people's interest even more.

[Shenzou]

I just found out about this statistic and I think it's pretty impressive.
Here' is information from Statista:

"The number of Blockchain wallets has been growing since the creation of the Bitcoin virtual currency in 2009, reaching nearly 35 million Blockchain wallet users at the end of March 2019. "
https://imgur.com/UWrT8c5


source
https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/

It is without doubt that this is a big and impressive number of wallets, and it shows how much the bitcoin has growing and how big its community has become, but this is represents the number of wallets created, and not the active number of wallets, meaning someone could just heard about bitcoin and created a wallet and than just gave up and forgot about it, and also people could have multiple address, i personally have 3 wallets on blockchain, but this still a pretty big number.

[franky1]

its about as useful as stats like how many UTXO's there are.
meaningless.
some users have multiple wallets and or utxo's
some dont have any because their investments are in custodians where one UTXO and or wallet represents multiple people

[Adriano2010]

This are all wallets which have bitcoin over time or only the wallets who have bitcoin now on them? If is all who had some bitcoin over time then is good for statistic, if is the wallets who have bitcoin now then is very good and proves the use of bitcoin.

[Genemind]

Those wallets aren't 100% sure that it's composed of Bitcoins and altcoins. Some of them are empty and some were just used in different transactions.
Some were forgotten and some wallets were owned by deceased users.
But it only means that there have been millions of transactions that has existed and it's really impressive.

[drumamat]

Well, it's certainly good.I hope that this number will only increase.Once there were all 1000 of them.No doubt today's numbers may seem small say in another 10 years.

[pushups44]

I just found out about this statistic and I think it's pretty impressive.
Here' is information from Statista:

"The number of Blockchain wallets has been growing since the creation of the Bitcoin virtual currency in 2009, reaching nearly 35 million Blockchain wallet users at the end of March 2019. "
https://imgur.com/UWrT8c5


source
https://www.statista.com/statistics/647374/worldwide-blockchain-wallet-users/

And equally as impressive is that the largest wallets keep accumulating more bitcoin. Major institutions are now getting into the space, which means bitcoin will increasingly be money for the elites. The game is changing.

[xvids]

Well it doesn't really mean that we have 35 Million crypto users because some of them might just be an alternative wallets.
And of course there are some who already lost their private keys and those who quit .
But I think it is a great number already at least we know that the community is growing stronger.

[jossiel]

With alternative wallets that's being owned by a single person, having 35 million in total number of users/registers it's still a huge number. Just like last year, IIRC that was with coinbase, they have reported about nearly 1 million registers per month.

https://bitsonline.com/coinbase-25-million-users/
https://bitcoinist.com/brian-armstrong-coinbase-registering-50000-new-users-per-day/

[figmentofmyass]

its about as useful as stats like how many UTXO's there are.
meaningless.
some users have multiple wallets and or utxo's
some dont have any because their investments are in custodians where one UTXO and or wallet represents multiple people

very true, but these should still bear some correlation to user growth. as long as bitcoin users are increasing in number, i would expect the number of blockchain.com wallets to rise. same with the UTXO set since you need at least one UTXO to be "using" bitcoin.

they are opaque statistics though. it's good not to read too much into them. there could be large growth in number of blockchain.com wallets or the UTXO set without a true increase in users actually happening.

[Julunguul]

It is without doubt that this is a big and impressive number of wallets, and it shows how much the bitcoin has growing and how big its community has become, but this is represents the number of wallets created, and not the active number of wallets, meaning someone could just heard about bitcoin and created a wallet and than just gave up and forgot about it, and also people could have multiple address, i personally have 3 wallets on blockchain, but this still a pretty big number.

Of course all of the growth of wallet created also includes wallets that are inactive due to the things you mentioned earlier. In my opinion even active wallets also don't reach more than 50% of the total wallet created in that period. While at the same time that people maybe could have 2 - 15 of multiple wallets.

[Astvile]

Is this a statistics of active bitcoin wallets or just the number of registered account with or without balance or no transaction history in it?
This 35million blockchain wallet shows that we are developing and the crowd is adopting it slowly and surely,as time goes by more and more users will create their own wallets and start fortune on bitcoin

[XFlowZion]

It is truly impressive. Like the articles I read before, there is a  higher chance that millenials would invest in bitcoin for for their future and that 35 million wallet users include most of them. I'm expecting we will reach 100M in the next few years when mass adoption start to spread.

[Rufsilf]

That's just an indication that cyptp have gone so far and has evolved and reached a lot of people. However, those wallets for sure aren't considered as 1:1 because some users are using multiple wallets for some reasons. 35 million is still a big number. It will surely go higher once the market reaches the bull run season because it will catch people's interest even more.

I agree, that could be true at some point but 35 million is still a big number even if we say divide it into two it’s still huge. Bitcoin however is gaining more and more popularity these days and I think it may go more than 35 million. With bitcoin price on an upward trend and also people are starting to get interest in bitcoin and with the upcoming bull run then we can expect a mass adoption.

[rosezionjohn]

I wonder how many of those created wallets are actually active or have had any transaction in it. I have created some multiple address but left some of them empty and unused.

[joniboini]

I agree, that could be true at some point but 35 million is still a big number even if we say divide it into two it’s still huge. Bitcoin however is gaining more and more popularity these days and I think it may go more than 35 million. With bitcoin price on an upward trend and also people are starting to get interest in bitcoin and with the upcoming bull run then we can expect a mass adoption.

You can inflate that numbers by making multiple wallets though. Statistics like this is meaningless imo, just focus on adoption, and that means numbers of people who use Bitcoin to do business, pay for rent, buy things, and so on, not simply making wallets on a website.

Just think, if 1 people have 5 wallets/addresses, it means there's actually only 7 million real users. Compared to the world population, it's still a long way to go.

[pooya87]

there is no such thing as "blockchain wallet". and the site is not giving us any reference on where they "stole" this data from but by checking the blockchain.info statistics (https://www.blockchain.com/charts/my-wallet-n-users) they are stealing it from there without giving them credit. and it is WRONG because it does NOT show the growth or usage of bitcoin at all, it is just showing us a centralized service's stats which may not even be all correct.

and by the way the definition of "wallet" posted in this site is one of the worst things i have ever read.

[betty11]

This is massive and I hope the statistics is accurate rate enough to have captured the real value because more persons are daily buying cryptocurrency and the is explosive.

[traderethereum]

Below is the OP image:



I think that will be an estimation about how many blockchain wallet users that has been creating or use so far but we don't know the exact number of the wallet.
That number would be increased in the future if many new people joined in the cryptocurrency.