Quote from: stompix on February 21, 2019, 12:01:12 PM

He is quite right for that number of active users and I think it might be even an overstatement.

Let's say 3 million "active" bitcoin users, so that's at least 2 tx a month to qualify as active, it makes 6 million tx a month, 200k a day, that was the median for the last year.

And we have about 25 million addresses with a balance, since my two wallets have about 17 of those, it does fit.

Yeah, I don't actually dispute that, but this part just seemed like the author assumed all Bitcoin users use blockchain.info/com's wallet:

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(This suggests that nearly 50% of all blockchain wallets (accounts) are either lost due to lost keys, abandoned/unused, or can be attributed to multiple account holders).

Quote from: davis196 on February 21, 2019, 01:03:00 PM

Can anybody verify that those numbers are legit?For me,it looks like the author is throwing a bunch of random numbers just like that.I partially agree that the active user vs. hodler ratio is somewhere around 17:83 or maybe 20:80.This explains why the bitcoin price isn't growing rapidly.

The author cited numbers from Chainanalysis, which seem to be generally trustworthy as far as their statistics go. Either way, due to the nature of Bitcoin, this is probably as close as we can get to accurate .