Topic: It’s a curiosity to know - page 4. (Read 764 times)

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You guys should tell it like it is.  Coinbase started legitimate but it will get itself into legal trouble if it's paying people to promote bitcoin articles at wrong times.  

Everyone basically has to use coinbase to cash out unless they're literally a terrorist or a hacker and even I do but I don't support them trying to brainwash people or pay people to write fake articles about the price of bitcoin.  Whether or not "they" "would like" to think its going to go up (or gosh forbid, and I shouldn't have to put this comment in parenthesis) go down, it's not their business to get involved in the media.  

If they don't have experience and aren't aware of felonies that happen now everyday in bitcoin it's not ok for them to say "i like bitcoin, buy it, i have a lot." Obviously biased and not acknoledging any problems or considering the dangers of trying to force traders into buying something that's not meant to go up or something right now.   Not trying to spread "fud" but that's usually what it is.

Something out there thinks its going to be ok if they keep acting like being whats called a "perma-bull"  as if trying to harass traders and the world into forcefully giving up their money to invest in bitcoin isn't going to get them into a deep pile of bear crap, a ruined life, and possibly a jail sentence for life.

2 years has passed so expect that there are more people that are now into crypto and have invested into bitcoin. As for the blockchain technology, they really wouldn't care about it because this is more of a corporate opportunity and innovation.

I can't find the current stats of it. But base on this article which was published last March 2018: Binance Now Has More Users Than the Population of Hong Kong

Binance has around 7.9 million users registered last year so I'm expecting that it has added around 1 million users within a year or even more than that.

Many people are into cryptocurrency, and I believe it is really increasing at a rapid speed, but the problem is, majority of these people are not into Bitcoin but rather altcoins that were promoted aggressively by its project owner.  Imagine how many new cryptocurrency are created every month and how many people are investing in it.

And I think also that some of them are already abandoned by the owners just what you did and maybe only half of its numbers are active. But not bad to know that it was growing big and this simply means that Coinbase did something great that attracts investors and traders to make use of their services. Only I could hope that they could sustain their reputation and give their best shot to help it works fine.

Some things happens in bear market that makes all the exchanges compromise, even the American exchanges that is known for credibility. The news of wash trading in coinbase recently surprised me. These are the richest in bitcoin of all the exchanges, why the compromise? They want to keep the hype. if the exchanges have about 2 million of bitcoin they capable of manipulation as well.

Of course, users have increased, especially Coinbase, one of the exchanges that have a quite high web traffic. Although it does not provide high accuracy, we can assume that the higher the traffic can also show the number of members also increased. Regarding the exact number of members, I don't know, if you are really curious, I think it would be more appropriate if you asked the information directly on the official Coinbase contact

Do you guys really have a feeling crypto user numbers are growing at that rapid speed?

How come the price gets so easily depressed. If 10 million people would hold 1 BTC each and not sell, the price would be much more stable. The rest of Bitcoin which are in the wild have not moved for years.

So something s not right there.

I think the numbers are growing because this is normal for every big Internet business. They aren't removing accounts and even if they were people who resign from a site very rarely request their accounts to be removed. Coinbase also gives some money for making an account and referring people which means that every year they will have more new users even if some of them will turn inactive.

A better question would be how many active users they have and if this number keeps growing.

I recently saw an article that said coinbase holds 9 billion in bitcoin in their coldwallet.  Anything you hear from coinbase about trying to promote bitcoin to make it seem like a wise investment should be met with skepticism.  Even if they are legal.  This isn't a reason to sell your soul for bitcoin.

I believe that people who signed up in a cryptocurrency exchange are increasing because of the widespread awareness about cryptocurrency.  for someone to get into the crypto market, they need to have an account to an exchange to be able to get a hold of some cryptocurrency.  I agree that others prefer p2p but the majority of the new comer often go to an exchange to buy their first cryptocurrency and coinbase is one of the most popular go to exchange for a new comer.

i don't know how they promoted coinbase that it got that much signups but really i wouldn't believe it if those new signups are actively trading. some just tried using the credit card of their father buying some BAT and some cheap coins and store the coins in there. not knowing that coinbase can also do an exit scam one day. those newly registered users are the most innocents of all so buying using the credit cards of their parents and hopes the cheap coins they got will turn thousands in the future.

Coinbase is the starting exchange for many. That is why the exchange has such an amount of customers. However, this is not an exact figure, I think there are much fewer active users

Well, I don't really take users signing up on a pro-government-controlled site for trading bitcoins as a good thing. The adaption is due to the fact that everyone wants to become rich or double their bitcoins or want to invest in some and that's why Coinbase is the preferred platform since they are quite a corporate company. Trading bitcoins is going mainstream and not the actual application of the blokchain. Coinbase itself is highly centralized which beats all the rules of a peer to peer network.

Very well indeed. That is a huge growth on coinbase adding users to commit to crypto space, that user number is a heck lot. I suppose the OP is exaggerating the number of signages a day for a year estimating nearly 50000, if that's the case then we could be in a hundred million now. But also keep in mind that all accounts created and addresses generated that time was not in 1 is to 1 ratio, I, myself roughly have 2 to 4 accounts on coinbase which has been forgotten and loss so unspecifically the user growth is indefinite.

Coinbase currently says it has more than 30 million users. One year ago, they said that they have more than 20 million users. That's a gain of 10 million, or about 30,000 per day. Keep in mind that these numbers are very imprecise, but you still can get an idea of the scale.

In 2017, Nearly 50000 users in a day were singing up on Coin base.  In my view, more number of people are now engaged about the blockchain mainstream
than 2017. Curious minds to know “How many people are joining with their exchange now? Is this really increasing or what?