Post
Topic
Board Bitcoin Discussion
Re: Bitcoin addresses hits an all time high!
by
tsaroz
on 08/12/2019, 16:26:05 UTC
In was recently reported that the number of unique Bitcoin addresses holding an excess of 0 bitcoins i.e more than zero bitcoin in them just got to an all time high
Quote
Bitcoin recently hit a new milestone and an all-time high for its addresses. It currently has more addresses with BTC in it than at any other time in its history...
Quote
...Bitcoin now boasts some 28.39M addresses with more than 0 BTC in them. This tops the previous all-time high seen in January 2018 when the network hit 28.384M active addresses. The story was first reported by analyst Alex Thorn (@intangiblecoins)...
Full article: https://beincrypto.com/bitcoin-addresses-hit-a-new-all-time-high/amp/?__twitter_impression=true

This shows an evident increase in the adoption of Bitcoin all over the world, although unique addresses does not necessarily translate to unique users of the network, it shows the growth of the network.
Is this evidence of Bitcoin going mainstream?
Would an ATH in addresses lead to a new ATH in the price?

This is indeed a good thing for the adoption of crypto around the world. Most of the wallets might come from the third world countries that has difficulty earning and saving money. Bitcoin might change the future of many of such enthusiastic users. A single user would not mostly create a multiple wallet with small balance as most of the coins might get lost on transferring.