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Author Topic: How many people are using bitcoin wallets?  (Read 367 times)
GeorgeJohn
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December 11, 2021, 11:03:41 PM
 #21

I don't think that their is a statistics analysis that have the data base of the totality or an aggregates of people using a valuable crypto wallet and no valuable crypto wallet, because the census will be difficult to get it's result, because at this point some people have died and Left their wallet, and some people too created a wallet that is not functonal likewise banking system kind of account opening, this scenario of bank will help to understand more better, because getting the round figure of function able Bank across the continent will be rigid to be compile.

So from my perspective their is no tool's i can mention that have the valuable statistics of wallets, except a research will be carry on any moment from now.


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December 11, 2021, 11:47:11 PM
 #22

So from my perspective their is no tool's i can mention that have the valuable statistics of wallets, except a research will be carry on any moment from now.
Yeah, there are no tools that can give accurate statistics number of wallets because every single wallet can generate Bitcoin addresses, it's all about predictions and assumptions that don't give accuracy of numbers.  And plus we have different kinds of wallets that can't measure their statistic of usages just like offline wallets.

But AFAIK, blockchain wallets have gained more popularity since 2015 until now, and here are the statistic reports.
Number of Blockchain Wallet Users 2021/2022: Breakdowns, Timelines, and Predictions.

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December 12, 2021, 03:18:03 AM
 #23

How many people are using bitcoin wallets?
If there's a software to track it all. I'm sure it's accuracy would always fall below passing average % it's gonna be hard to monitor how many users there are in the game. But there were people that probably tracking this kind of statistic as well. Curious why do you want to know?

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December 12, 2021, 05:27:04 AM
 #24

But AFAIK, blockchain wallets have gained more popularity since 2015 until now, and here are the statistic reports.
Actually blockchain.com lost its popularity early on due to a lot of issues including bugs that led to users losing their funds. They tried to take back parts of what they've lost with different techniques like changing their design, adding altcoins, adding purchase option, etc and were somewhat successful but they remain vastly unpopular still.
The only reason why the number of users grew is because the number of bitcoins has been growing in total and a small percentage is going to this terrible service.

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December 12, 2021, 05:57:17 AM
 #25

There's no centralized list/database to get such data apparently. So your question cannot be answered, you will just hear speculations that is nowhere to become truth.

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December 12, 2021, 06:13:06 AM
Merited by pooya87 (2)
 #26

So from my perspective their is no tool's i can mention that have the valuable statistics of wallets, except a research will be carry on any moment from now.
No one that has the basic knowledge of how bitcoin wallet works that will want to make research about what can never be attained. Anyone that says his research is accurate about the total bitcoin wallet is definitely wrong. This area of wallet is not an area that can be researched.

The only reason why the number of users grew is because the number of bitcoins has been growing in total and a small percentage is going to this terrible service.
This is a very common wallet is my country (or to be accurate let me use 'in my area'). It is commonly used by novice or newbies while the novice is telling his friend that is also novice to also use blockchain.com wallet even when only legacy type of address was only supported. These people in my area do not even know if bitcoin addresses are of different types and neither have they heard of any hack before maybe. I checked google play store, the wallet has 10+ million download just like others common ones like the custodial Coinbase and the likes.

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December 12, 2021, 12:16:25 PM
 #27

How many people are using bitcoin wallets?
That will be a secret for those who use bitcoin wallets and I do not think that all of them will tell to other people like "Hey, I use bitcoin wallets every time, every minute to see my bitcoin at that wallet". No, that is not like that. But at least, those people will use their bitcoin wallets, maybe once a day or week or month. People are free to keep their secret and we do not know how many of those use bitcoin wallets because there are no valid data about who is the owner of that wallets.



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January 01, 2022, 08:09:20 PM
 #28

Providing an accurate count is next to impossible as there are several million people who use the bitcoin wallet. Also, a single user can have multiple wallets, depending upon their requirements. Also mostly people exchanges their wallets, also many people use hardware wallets. So the accurate count cannot be provided.
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January 01, 2022, 08:29:42 PM
 #29

There's no centralized list/database to get such data apparently. So your question cannot be answered, you will just hear speculations that is nowhere to become truth.
No, saying that his questions can't be answered is wrong ideology, because any questions deserve a cogent answer and reason, because many people has render a tangible opinion, like as i said before, that we don't have a specific TDatabase that carries on the information, it's also a solution to resolve the problem


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