Post
Topic
Board Bitcoin Discussion
Re: 25k new Bitcoin addresses in 1 hour
by
Ludmilla_rose1995
on 20/11/2020, 15:17:25 UTC
With 25 000 new bitcoin addresses created today and new money keep flowing into bitcoin market it's clear that bullish trend is very strong, but do you think creation of new addresses is a valid metric ? Creation of a new address doesn't automatically means that the user is new, I have many bitcoin addresses.
Creating a new wallet address does not mean there are new investors. I have multiple wallet addresses to move some of the assets I have for security. What I mean is, if one of the wallet addresses has a problem (such as a hacker attack) I still have crypto assets that are still stored in a different address.