The 8 Biggest Bitcoin Players Who Could Make a Fortune Off the Cryptocurrency
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This is a question that is impossible to answer with an acute level of accuracy, but an important one to look at for the future prospects of Bitcoin. From knowing a rough answer to this question, we can see how much market penetration Bitcoin current has, and thus how much room Bitcoin has to grow over the following years I believe that the 'making of' Bitcoin will be during our next financial crisis. We are 9 years on bitcoin holder percentage our bitcoin holder percentage serious bitcoin holder percentage crisisand I believe Bitcoin could be adopted in mass numbers as a safe haven next to Gold when the next bitcoin holder percentage hits.
I did write a while ago about what I believed Bitcoin's advantages over gold are here https: First, we see from this distribution of unique addresses that there is almost m addresses. This by itself means nothing, almost all users will have multiple addresses Multiple Personal Wallets and Exchange Wallets.
Let's start filtering bitcoin holder percentage these numbers please take this as a rough hisnameisolllie opinion guide, more than happy to debate my process. This takes me to 3. This article is a year out of date http: The difficultly here is, how many of these accounts belong to the same user, and how many users have accounts at multiple sources. I personally have a personal wallet on my laptop, and accounts at Coinbase, Poloniex, Bittrex, Circle, I could go on.
So let have a look at some other metrics to give us another aspect. The cumulative total number of Bitcoin transaction ever is around m https: All these numbers lead me to conclude we are along the right lines with my very rough eliminations at the start of this article. Many bitcoin users will account for ss of transaction over their time of use.
I believe we can go one step further and suggest that the number of Bitcoin users is less than the 3. But why is this an interesting stat to consider. If we consider a point in the future when another financial crisis hits, governments begin quantitive easing once more, and citizens all over the world are looking for a place to park their wealth.
I believe in this case, Bitcoin user numbers could swell dramatically which would have a big impact on the price of BTC.
BTC has a deflating inflation rate, a physical cap in coins that can be created, and are immune to centralised influences. They can be sent anywhere in the world for minimal fees, and can be converted back to national currencies in a split second. This will result in a almighty rally in Bitcoin prices that could see it become a viable foreign currency reserve of the future.
Impressive numbers, and I would argue they are weighted more toward present day. Charts like the following would seem to back up that growth continues Obviously I can't talk to whether these account are legit, being used, bitcoin holder percentage represent new users, but bitcoin holder percentage, it shows increased activity It may be even less than bitcoin holder percentage, I know that certain bitcoin wallets contain many addresses, but all you see as the owner is one wallet, where to the network it could appear to be multiple addresses.
I would be put 3. However withunique addresses used per day, one would imagine that How many people own Bitcoin? The answer may be less than you think Why is this important to know? Cutting down the numbers. Let's start filtering down these numbers please take this as a rough hisnameisolllie opinion guide, more than happy to debate my process ; Almost m addresses with less than 0.
Unless there is a bitcoin holder percentage that can spread BTC very thin across many account, these accounts can be completely disregarded. Thus, I will view these as dud accounts. There are just over 1. If you would humour me, I will account for half of these accounts being active and all accounts from here on out.
So let have a look at some other metrics to give us another aspect Transactions Bitcoin holder percentage day Transactions per day are hoovering aroundper bitcoin holder percentage.
Unique Addresses Used Unique Adresses used per day are hoovering aroundper day The cumulative total bitcoin holder percentage of Bitcoin transaction ever is around m https: Authors get paid when people like you upvote their post.
This implies Bitcoin is getting new users per day on average since its founding. I have read something about this on coindesk before. I will try and dig it out Bitcoin holder percentage had close to 3M accounts at the bitcoin holder percentage of