Post
Topic
Board Bitcoin Discussion
Re: The number of active Bitcoin users' addresses has falln to its lowest level
by
SFR10
on 20/08/2021, 16:51:48 UTC
the number of active bitcoin users' addresses has fallen to its lowest level since April 2020, which is a serious alarm for this popular cryptocurrency.
It's not... Not every fall/decline is an indication that something bad is about to happen. On the contrary, I think it's a positive thing that fewer newbie investors [most likely] are buying/selling at the moment [they just come and go (don't pay too much attention to those numbers)].
- The only thing that should matter, is if the amount of "true BTCitcoiners" goes down drastically [there's no way to accurately measure it (like what @pooya87 said)], as opposed to those that "only" see it as an investment asset!