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15897458 No.15897458 [Reply] [Original]

Is it true there's almost 20 times more stock traders than crypto traders? 35 million vs 500 million traders. When will the pipes be ready for the new wave?

https://youtu.be/3xe8fHpib_s

>> No.15897490

I would djscount a large % of those people as they just put money in anda forget about it. They dont trade as such. But yes there are an estimated 35 million btc wallets - give or take.

>> No.15897522

>>15897490
>But yes there are an estimated 35 million btc wallets - give or take.

not a good stat to measure amount of crypto users because of deterministic wallets.

>> No.15897610

>>15897522

so 35 mil is an overestimate ?

>> No.15897628

>>15897610
Yep, but also no cause zoomers like scam coins

>> No.15897636
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15897636

>>15897610
yes by a large margin.
They still don't know how to tax us, let alone even have a way to analyze who got into crypto.
Crypto hit the legacy banking world so fast and hard I doubt they will recover from this.
New wave starts Q2 2020

>> No.15897804

>>15897636

thanks fren hope we inch up till then though at least right?

>> No.15898494

>>15897610
>so 35 mil is an overestimate ?

pretty much so, the simple way of explaining what i mean here (>>15897522) is that nowadays wallets can generate a new receiving address for every transaction - think of it like creating an invoice - a real world example of it in use is when exchanges like coinbase generate a brand new, unused receiving address for you everytime you send crypto to it, or your ledger hardware wallet generating a fresh, unused address every time you receive. you still control the private key that underlies it, but you have practically unlimited addresses to use attached to that private key. this creates a layer of obfuscation and helps improve bitcoins pseudonymity, and is why you should never reuse an address.