According to the Cambridge Center for Alternative Finance, 75 % of US consumers who owned cryptocurrencies in 2016 used those currencies for payments within a 12 - month period, unique
active users of cryptocurrency wallets numbered between 2.9 and 5.8 million in 2017, and 48 % of Coinbase users use Bitcoin as a «transactional medium» — defined as making one payment per year.
Not exact matches
The growth
of new
active bitcoin
users is slowing, which by «Metcalfe's law» indicates that the
cryptocurrency's market capitalization will not grow as quickly as it has, some Swiss researchers said.
From the moment it became
active, it managed, more than any other
cryptocurrency thus far, to accumulate a huge market value and gather millions
of users.
There may be up to 11.5 million
active cryptocurrency wallets, not to mention the possibility that millions more
users might keep their digital loot on an exchange instead
of a prudent wallet.
The Serenity team might have some good contacts in the forex scene and Mr. Vaneev's own Grand Capital has already 300,000
active users that would possible join the new venture, but we must not underestimate «traditional»
cryptocurrency markets like Binance which managed to raise 6 million
active users in a matter
of months.
If Facebook implements
cryptocurrencies in their services, this will also see a drastic rise in the number
of cryptocurrency users as Facebook has over 2 billion
active users.
Moscow — Oct. 25, 2017 — MDK, one
of the largest Russian entertainment communities
of over 20 million social media
users, today announced the plans to create a new mobile app and to launch a new blockchain project decentralizing social media value and allowing participants to earn
cryptocurrency rewards for
active content creation, moderation and amplification.
Compared with the 400 + million people who buy and sell skins — a technology savvy group
of global consumers who are already well versed in trading, storing and safeguarding virtual items — WAX has a legitimate potential to bring a consumer force to
cryptocurrency trading that is 100 times greater than the
active cryptocurrency user base.
The arrogance
of investors and the choice
of narrowminded traders aiming for short - term profits created short - term bubbles in
cryptocurrencies that are simply not ready to earn multi-billion dollar market caps and millions
of active users.
Based out
of Singapore and with an MSc in Applied Economics & Finance from Copenhagen Business School, Van - Petersen is an
active Twitter
user with no fear
of speculating on tough topics like the prices
of cryptocurrencies.
Incorporating «true» market cap (which uses the total token supply), the inflation factor, the size and quality
of a
cryptocurrency's team, the current usability
of the token, the amount
of active users and holders
of the token, the security track record
of the project, and the level
of censorship resistance into your model would be a good start to receive a better image
of how much the token you are looking into investing is currently worth and how much it may be worth in the future.