Author

Topic: total number of active bitcoin addresses (Read 905 times)

sr. member
Activity: 266
Merit: 250
aka 7Strykes
June 17, 2013, 04:17:46 PM
#4
You can't estimate the number of people using Bitcoin by the active addresses because people can create as many or as little addresses as they'd like.

Actually yes you can. An address that has never received Bitcoin is "inactive". So any address than has ever processed Bitcoin can be considered "active". You can't figure out if they are still used though...
member
Activity: 96
Merit: 10
Yes, but people do not usually hold bitcoins in every address they use, so checking the addresses having at least a given amount of bitcoins could be used to estimate the size of the bitcoin 'community'
newbie
Activity: 25
Merit: 0
You can't estimate the number of people using Bitcoin by the active addresses because people can create as many or as little addresses as they'd like.
member
Activity: 96
Merit: 10
Does anybody has explored the bitcoin blockchain in order to determine the total number of bitcoin addresses that hold bitcoins so we can estimate the number of people that uses it?
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