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RE: BTC - A new high, more than 784,000 addresses now hold 1 or more Bitcoin

in #bitcoin • 4 years ago

how many are wallets that ppl wont use again i wonder

4 years ago in #bitcoin by
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         4 years ago 

        As there is no correlation between number of addresses and number of wallets that the addresses belong to, I can only estimate that maybe third of the wallets are wallets that are not used in the future, but almost all addresses won't be used more than twice. Some of the inactive wallets belong to people who lost their keys, lost all the coins due to scams, retired from bitcoin mining and/or trading, or died.

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               4 years ago 

              Keep in mind that every one of those addresses hold 1 or more bitcoin in them...

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