I can see some connection between number of bitcoin's addresses and its success or downfall. But in the same time it is not accurate sign. If we have more addresses that means there are more users, and if number of users increase that is good for bitcoin. But because there are so many addresses that are not used and some that are forgotten, we can not say number of bitcoins supporter and users for certain. Therefor I do not think that number of addresses can be taken for showing the probability of bitcoins downfall. One day bitcoin will fall, but who can say when. Those things are beyond common folks like myself.
Unused addresses were before, If we consider the average-acting, we see the exponential growth in the number of users. 
Topic: Are you sure that bitcoin will fall? - page 18. (Read 3167 times)
I can see some connection between number of bitcoin's addresses and its success or downfall. But in the same time it is not accurate sign. If we have more addresses that means there are more users, and if number of users increase that is good for bitcoin. But because there are so many addresses that are not used and some that are forgotten, we can not say number of bitcoins supporter and users for certain. Therefor I do not think that number of addresses can be taken for showing the probability of bitcoins downfall. One day bitcoin will fall, but who can say when. Those things are beyond common folks like myself.
I think this chart has nowhere to go but up. This is an incorrect representation as it doesn't even show active and inactive accounts.
If you look at the current chart it seems that Bitcoin's price will continue to grow because with more people to invest and know the existence of Bitcoin and the increasing demand for Bitcoin in the VIP market, it seems that Bitcoin's price will continue to grow higher by seeing the current market situation.
the number of unique bitcoin addresses exceeded 1M
Total of unique bitcoin address doesn't reflect whether bitcoin will fail or not. If we talking whether bitcoin will fail or not, we should see actual bitcoin adoption, acceptance and scaling/upgrade instead.
I think when the balance is empty, blockchain.info counts it as inactive/used address. Also, deactivating address isn't possible.
Why do the number of addresses fall every now and then? I would assume the graph should have gone up all the time, no? When people lose interest in bitcoin, I would have thought that they would just uninstall their wallet apps or something. Are they deactivating their addresses as well?
I think when the balance is empty, blockchain.info counts it as inactive/used address. Also, deactivating address isn't possible.
Bitcoin will fall. But I'm sure of two things: Bitcoin will fall, and it will rise. This is just the bitcoin way.
They fall because some months there's more users signing up than others. Whenever bitcoin gets a huge amount of media attention there will be masses more new users jumping on board the bitcoin train to the moon. Addresses cannot be deactivated, but they can stop being used, but this is just a graph of the number of new bitcoin addresses being generated. I expect it to keep rising for the next few months but excitement will die down eventually and they will then fall again.
Why do the number of addresses fall every now and then? I would assume the graph should have gone up all the time, no? When people lose interest in bitcoin, I would have thought that they would just uninstall their wallet apps or something. Are they deactivating their addresses as well?
They fall because some months there's more users signing up than others. Whenever bitcoin gets a huge amount of media attention there will be masses more new users jumping on board the bitcoin train to the moon. Addresses cannot be deactivated, but they can stop being used, but this is just a graph of the number of new bitcoin addresses being generated. I expect it to keep rising for the next few months but excitement will die down eventually and they will then fall again.
Why do the number of addresses fall every now and then? I would assume the graph should have gone up all the time, no? When people lose interest in bitcoin, I would have thought that they would just uninstall their wallet apps or something. Are they deactivating their addresses as well?
the number of unique bitcoin addresses exceeded 1M
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