Number of crypto wallets users has grown more then 7 times from 2015 to 2018 📈

jademaxsuy

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Quote from: tracyspacy on July 18, 2018, 12:58:56 PM

Have found this encouraging statistics about cryptocurrency wallet's users -> https://imgur.com/fHbYpMn

It's obviously that number of crypto wallets != number of people, who use cryptocurrencies, but dynamic is clear: more and more people adopting crypto.

It would be also nice to know how many crypto wallets has 1 person in average.

Definitely an individual who join in crypotocurrency has more than one digital wallet because there are different crypto out there that needs also different kinds of wallet depending on the support of the coins which is being provided by the coin itself if you will going to buy their unique coins. All of it has directions on how you can acquire digital wallet before you can buy that unique coin. But there are common coins that is being supported by known platform which is the ethereum platform base tokens for altcoins. The number of digital wallet has raising this is due to the fact also that there are many cryptocurrency users now all over the world.

SparklesCoin

newbie

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I think this statistics doesn't actually represent most of the users, because the actual number is even more than this. The cryptoworld is advancing and developing and so is the number of users increasing. But now it suddenly makes me curious to see how many of them are actually active, since the active users are all who are keeping this system alive and updated.

godfredmanu

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The number of crypto wallet users shouldn't correlate with the number of holders of these wallets, since it is obvious that an individual can owe more than one wallet.

Ginseng

copper member

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That's good, but many people will open a wallet and never use it again. Usage metrics are where it's at imo.

1van__

newbie

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this is excellent, this proves once again the fact that the crypto market is developing

pimondcrypto

newbie

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I am not surprise to see that because in last years cryptocurrency has developed a lot. So as a result many people have adopted it and still adopting. I am pretty sure after few years it will increased a lot if they can continue their flow.

cryptjh

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Good to see that the Bitcoin adoptions keep growing with such a high speed.
25 millions unique wallets means that the first movers are growing in numbers, however many have 2-5 wallets, and top of that we all have exchange.
I think we will see the Bitcoin user’s wallets keeps growing in the years to come, and the Bitcoin price will follow up.

fidelium1

jr. member

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The statistics is really very encouraging, but like some commentatotors have said, it only considered accounts on blockchain and did not put into consideration the fact that for instance, almost everyone of us in this forum have more than one wallet account.

tanjiran

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Cryptocurrency users increase quite a lot. The data we can make as a benchmark though less effective because there are many people who have multiple accounts. Bitcoin is growing in popularity after a big surprise in late 2017. Many people want to invest with bitcoin. We can see its progress more accurately than the number of users on an exchange requiring KYC.

tracyspacy

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BTC loans -> tinyurl.com/tracy-btc-loans

Quote from: Aveatrex on July 22, 2018, 05:38:16 PM

Quote from: tracyspacy on July 18, 2018, 12:58:56 PM

Have found this encouraging statistics about cryptocurrency wallet's users -> https://imgur.com/fHbYpMn

It's obviously that number of crypto wallets != number of people, who use cryptocurrencies, but dynamic is clear: more and more people adopting crypto.

It would be also nice to know how many crypto wallets has 1 person in average.

This doesn't include all wallets.To have a more precise idea on how Bitcoin users have grown these last years,Bitcoin.com wallet achieved 2 Million wallets created in just a span of 7 months.Ofcourse they are not 100% unique user wallets some of them may have used wallets before without counting hardware wallets etc.. Although this is not a really interestig statistic,we should look to how many transactions are made compared to total addresses storing Bitcoins,the problem is I assume that 90% of users don't use bitcoin as a currency,their Bitcoins are just stored without any usage.

Totally agree, the most important challenge for Bitcoin is increase of its liquidity and acceptance. In such place as Germany for example due to over regulations there are even no BTC-ATMs.

batang_bitcoin

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Eloncoin.org - Mars, here we come!

Quote from: Kingofbitcoin12345 on July 22, 2018, 05:48:52 PM

I maybe part or not in this statistic,

Everyone who started with crypto's with those years is part of the statistic.
I have also heard about the news of all time high registrants for coinbase. AFAIK it was around 1M+ users registered for just one month and this is why demand for crypto's are increasing.
Although we've been several corrections still many do believe in crypto's.

gentlemand

legendary

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Welt Am Draht

The only real metric is individual verified accounts at places like Coinbase. They seem to have stopped releasing details about their account uptake now. I wouldn't really pay any attention to wallet openings for free ones. I opened and abandoned two today alone.

pacman7331

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Yes, It's because of many people are coming in crypto day by day. I think if the crypto bull run starts again then more than 4-5 Million People will come in bitcoin network with trust, and then more wallets will be creating. Though I don't know that number, maybe 3-4 Accounts per person on average.

Kingofbitcoin12345

full member

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I maybe part or not in this statistic,, but I do believe that numbers and prices increases in both same ways//simultaneously with each other.. This only proved the popularity of cryptocurrency in this world today..

I must admit the demand of the people for crypto wallet addresses is limitless and one person can and have the chance to have plenty of it if they wanted to.. The numbers might not perfectly accurate,, but slightly acceptable at the least..

tracyspacy

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BTC loans -> tinyurl.com/tracy-btc-loans

Quote from: muslol67 on July 22, 2018, 05:21:01 PM

Quote from: tracyspacy on July 18, 2018, 12:58:56 PM

Have found this encouraging statistics about cryptocurrency wallet's users -> https://imgur.com/fHbYpMn

It's obviously that number of crypto wallets != number of people, who use cryptocurrencies, but dynamic is clear: more and more people adopting crypto.

It would be also nice to know how many crypto wallets has 1 person in average.

I am sorry but this can not show us a real user of crypto in real life. Especially, scammer create hundreds of wallet for one cryptocurrency and even I have 4 BTC wallet for example. I've seperate my all investment 4 different wallets and printed them as paper wallet.

Yeah, you are right, its exactly what I meant.
I see here 2 options: either more new crypto enthusiasts joined and started to use crypto wallets, or existent users started to use more wallets Grin

Aveatrex

sr. member

Activity: 840

Merit: 375

Quote from: tracyspacy on July 18, 2018, 12:58:56 PM

Have found this encouraging statistics about cryptocurrency wallet's users -> https://imgur.com/fHbYpMn

It's obviously that number of crypto wallets != number of people, who use cryptocurrencies, but dynamic is clear: more and more people adopting crypto.

It would be also nice to know how many crypto wallets has 1 person in average.

This doesn't include all wallets.To have a more precise idea on how Bitcoin users have grown these last years,Bitcoin.com wallet achieved 2 Million wallets created in just a span of 7 months.Ofcourse they are not 100% unique user wallets some of them may have used wallets before without counting hardware wallets etc.. Although this is not a really interestig statistic,we should look to how many transactions are made compared to total addresses storing Bitcoins,the problem is I assume that 90% of users don't use bitcoin as a currency,their Bitcoins are just stored without any usage.

muslol67

hero member

Activity: 1582

Merit: 670

Quote from: tracyspacy on July 18, 2018, 12:58:56 PM

Have found this encouraging statistics about cryptocurrency wallet's users -> https://imgur.com/fHbYpMn

It's obviously that number of crypto wallets != number of people, who use cryptocurrencies, but dynamic is clear: more and more people adopting crypto.

It would be also nice to know how many crypto wallets has 1 person in average.

I am sorry but this can not show us a real user of crypto in real life. Especially, scammer create hundreds of wallet for one cryptocurrency and even I have 4 BTC wallet for example. I've seperate my all investment 4 different wallets and printed them as paper wallet.

felicita

legendary

Activity: 1582

Merit: 1031

many services offer to gernerate many wallets until there is the keyword you wannt to have included in the walled adress XD
I gues this dumps the stats XD
But yes also the number of real wallets grows becourse more and more preople using crypto to pay propducts.

kind regards

joinfree

sr. member

Activity: 1246

Merit: 260

1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

This is true, and it is good to see that there is more adoption than before, but take in consideration that a lot of wallets are not being used at the moment, and that number could be wrong if we take in consideration the active holders/buyers/sellers.

poorwhale

newbie

Activity: 33

Merit: 0

This is only from hot wallet?. I think the people who use cold wallet does not include here

Topic: Number of crypto wallets users has grown more then 7 times from 2015 to 2018 📈 (Read 232 times)