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Author Topic: Metamask Reaches One Million Users  (Read 317 times)
Asuspawer09 (OP)
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February 15, 2020, 12:23:31 PM
Last edit: February 16, 2020, 03:26:02 PM by Asuspawer09
 #1

Edited:
Metamask surpassed 1million users, as the Ethereum market price continues to pump and the market cap is back to 30million $., Ethereum could potentially reaching 300$.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users
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February 15, 2020, 12:26:29 PM
 #2

Metamask surpassed 1million users, as the Ethereum market price pump to 300$ and the market cap is back to 30million $.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users

It's no surprise metamask would reach these number of users. As a user of metamask, I really think that the application is very useful in adding protection when transacting with your crypto wallet. Being able to get notified when somebody is accessing your crypto wallet provides a bit of confidence.
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February 15, 2020, 12:46:25 PM
 #3

Did the Ethereum really hit $300 today? Coz I only see $281 on the coinmarketcap, anyway, there is no surprise at all that a high volume of people are using metamask and rides simultaneously with the Ethereum's price as Metamask allows its users to do ethereum related stuffs. I bet they reached that high usage because of the incoming bitcoin halving, why do I say so? Simply because they are converting what they have to buy bitcoin and ethereum. I often use Metamask back then purposely for selling my tokens but I've read some in Github that several people are having problems with connecting their accounts to Metamask. Last time I checked there was a loading error on some websites and exchanges whenever Metamask is activated. I'm glad they are having a good business up til now and guess there will be more people who will use Metamask for the crypto event this year.

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February 15, 2020, 01:01:01 PM
 #4

Well it just proves that the crypto are gaining more and more people.
More transactions are being made day by day and even wallets.
I think we would soon see crypto being accepted as a payment option or be used like other currencies.
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February 15, 2020, 01:58:37 PM
 #5

Metamask is a wallet attached in the form of extensions in a web browser and IMO is the easiest to use, secure, and has many features too. it is also proof that crypto world is getting serious this year, the bear market has faded a little and this IMO is a sign of a bull run signal. between price and download metamask wallet in my opinion has nothing to do, but someone prefers to use metamask instead of storing a private key in notepad, namely multiple security such as having to enter a password to access the wallet.

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February 15, 2020, 02:06:39 PM
 #6

If you think about it, what caused the adoption of metamask? Ethereum price went up and people come to Ethereum and start using it? Or the number of users has grown slowly and that caused price pump?  Smiley

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February 15, 2020, 02:22:50 PM
 #7

Metamask surpassed 1million users, as the Ethereum market price pump to 300$ and the market cap is back to 30million $.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users
Is there any confusion here? I don't see ETH going up to $ 300 today, there are still at $ 280 and are showing signs of going down. BTW this is great news for metamask, surely in the near future they will get more users because of the convenience and safety it brings to everyone.

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February 15, 2020, 02:42:31 PM
 #8

Metamask surpassed 1million users, as the Ethereum market price pump to 300$ and the market cap is back to 30million $.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users
Is there any confusion here? I don't see ETH going up to $ 300 today, there are still at $ 280 and are showing signs of going down. BTW this is great news for metamask, surely in the near future they will get more users because of the convenience and safety it brings to everyone.

Edit: The price might have been wrong by OP.

No wonder Metamask has been the favorite of users as it's the easiest one to access dapps and DEX. There are no other viable option for most.
I too use it regularly and thought hey allow to adjust fees to some extent, I'd still love to set my own numbers.

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February 15, 2020, 03:12:22 PM
 #9

Since the beginning of the Metamask launch I have started using it until now.
Metamask became my choice to manage my Ethereum Address via the Browser plugin more easily.
Until now, Metamask has developed various features that are very useful and easy to manage.
In 2020 Metamask also provides a new type of Metamask update namely Metamask Snaps which allows a decentralized web to innovate faster than before. By using Metamask Snap, developers can also build plugins that can expand the functionality of Metamask.

The surge in transactions made in metamask may also be caused by the annual ETHDenver event held on 14-15 February 2020 which attracted hundreds of ethereum developers, blockchain developers, large fintech companies and others.

 
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February 15, 2020, 03:29:13 PM
 #10

Metamask is a good browser utility because we can skip logging into our wallet and exposing passwords or private keys online which can be very risky and can result in theft or hack while metamask kind of covers the peivate account and still gives us access to our portfolio. I think in coming months the userbase of metamask will rapidly grow.

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February 15, 2020, 03:31:38 PM
 #11

Metamask surpassed 1million users, as the Ethereum market price pump to 300$ and the market cap is back to 30million $.

The ethereum transactions was double from 400,000 to 800,000 transactions a day.




Reference:
https://www.trustnodes.com/2020/02/14/metamask-reaches-one-million-users
This is good news for metamask users as it only means that this wallet become popular as days passes by, I am also a metamask user and I am contented how this wallet works as I didn't face any problem so far.

Upon checking the current price of ethereum, it is currently sitting at 281usd base on coinmarketcap. And upon checking the price graph, I didn't see that ethereum price already passes to 300usd. You can just correct me if I am wrong, all the informations that I provide came from coinmarketcap.com.

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February 15, 2020, 03:45:38 PM
 #12

[...]
This is good news for metamask users as it only means that this wallet become popular as days passes by, I am also a metamask user and I am contented how this wallet works as I didn't face any problem so far.

Upon checking the current price of ethereum, it is currently sitting at 281usd base on coinmarketcap. And upon checking the price graph, I didn't see that ethereum price already passes to 300usd. You can just correct me if I am wrong, all the informations that I provide came from coinmarketcap.com.

The development of Metamask is growing rapidly because many of our users know that the average ethereum user uses the Metamask wallet because of its ease and also access to good notifications as well because there are no complaints at all so that now many users are switching to this wallet.

This could also be a factor due to the recent Ethereum increase so that there are more users with market capitalists and also more transactions.

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February 15, 2020, 04:15:56 PM
 #13

I used Metamask from the beginning when I became familiar with the world of cryptocurrencies, I still use it today. This is an easy-to-use ETH wallet on PC and I think it is more secure than MEW
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February 15, 2020, 05:27:05 PM
 #14

I used Metamask from the beginning when I became familiar with the world of cryptocurrencies, I still use it today. This is an easy-to-use ETH wallet on PC and I think it is more secure than MEW
Hmm, it looks like we're same, in my opinion for security issues it seems almost same, I'm sure many members here use mew but they have never been hit by hacks or anything because they can avoid web phishing, wallet phishing, etc.

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February 15, 2020, 06:56:35 PM
 #15

This is great news. The market continues to grow, and as a result, continues to gain ever greater popularity.
The great thing is that there are more and more users using the metamask extension, because it represents a safe method of user interaction with cryptocurrency.
So, newcomers make the right choice, which in the future will lead to a decrease in the number of losses of cryptocurrency wallets. As well as reducing the number of hacks of these Wallets.

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February 15, 2020, 07:18:45 PM
 #16


 There was a lot of talks about how their competitors was constantly getting hacked and getting other peoples money stolen, so metamask definitely did get a spike in user numbers because everyone was flocking to it while fleeing from the other ones. I personally always used it, it was early days of cryptokitties when it first came out, it required me to have something like metamask so thats what first I found and I used it ever since, over time you get so much free coins that worth nothing that I can't even follow what the hell I have anymore, which ones worth what and what my investments look like, I just have a general idea of the value but not individually for all of them unless I check them one by one. Using metamask made my job soooo much easier.

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February 15, 2020, 08:34:10 PM
 #17

ETH attracted a lot of attention during this growth. it reached $ 290 and I think that now a lot of people bought it at that price, but now they have seen a correction. with each increase in the price of Ethereum, the number of Metamask users will increase constantly


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February 15, 2020, 09:50:12 PM
 #18

Congratulations to them for reaching this milestone but how many of those has been owned by a single person. Okay, regardless of that, this made their name more popular to the crypto community.

I'm checking the price of ETH only on CMC and I think it just reached $288 but didn't reached $300. In some exchanges it probably have reached to that point but now it has dipped again which happened very fast.

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February 16, 2020, 07:31:19 AM
 #19

If metamask has really reached a million users, it is indisputable that the metamask as a browser plug-in met all expectations, since acting as an intermediate between a wallet and a trading exchange or regular sites, for example, is a very good opportunity to save all your sensitive data when using the wallet actively.
But as a basic wallet, I recommend Myetherwallet to everyone, because this wallet has never compromised itself.
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February 16, 2020, 08:58:05 AM
 #20

Losing fund easily is why I don't use metamask, I only use it for claiming tokens from airdrops and bounties, I heard it can be easily breached since its a windows browser plugin based wallet

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