Skip to content
Buzz Blockchain
Menu
  • Home
  • Bitcoin
  • Ethereum
  • News
  • Currency
  • Blockchain
  • Interview
  • Press Release
Menu
Bitcoin Addresses With More Than 0.10 BTC Surpass 3 Million

Bitcoin Addresses With More Than 0.10 BTC Surpass 3 Million

Posted on September 6, 2020

The number of Bitcoin addresses with more than 0.1 BTC has surpassed 3 million according to data provided by the crypto analytics company Glassnode. Although not all of them represent a unique individual, the tendency is clear: the number of BTC holders continues to grow.

Bitcoin Addresses Continue to Grow
As the crypto market continues to offer unique solutions and services to users the number of Bitcoin addresses continues to grow. This is despite the recent price correction that took place a few days ago. Although there might be a small temporary decrease in the number of Bitcoin addresses of more than 0.1 BTC, the tendency remains clear.

In addition to it, the cryptocurrency analyst PlanB compared the growth of Bitcoin addresses with a country and its monetary policy. PlanB stated on Twitter that Bitcoin is a fast-growing country with a population of around 3 million. These users are ready to use Bitcoin for storing wealth and doing transactions.

If we consider that each address is an independent and unique user, then there would be around 3 million users making Bitcoin the 134th largest country in the world in terms of population. At the same time, the currency those users are ready to use is Bitcoin, with a monetary base of $200 billion, which would make of it the 21st largest in the world.

In addition to it, PlanB considers that Bitcoin is still at an innovation stage rather than on an “early adopter” stage. That means that the number of users could skyrocket in the coming years if the trend continues. PlanB made reference to the Technology adoption S-curve that can usually be applied to technological processes that take place around the world and the adoption of this technology.

The number of Bitcoin addresses could be good metrics to understand how the entire market is expanding and how fast it does it. At the moment, the growth is linear and it has some bumps when Bitcoin’s price falls. The contrary happens when Bitcoin’s price experiences sudden spikes.

Bitcoin can be used in order to buy and sell goods, hedge against inflation and to store value. Now that countries decided to print large amounts of money to face the Coronavirus crisis, Bitcoin could work as a hedge against monetary policy around the world.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Imagen Network (IMAGE) Launches Modular Personalization Hubs for Creator-Driven Ecosystems
  • Atua AI Introduces Smart Control Pipelines to Strengthen Protocol-Level Coordination
  • Imagen Network develops modular personalization engines to enhance creator-centric engagement
  • Wealth Transfer Token: Turning Speculation into Empowerment
  • The Wally Group’s Roadmap: Building Beyond the Meme
  • Atua AI Launches Next-Generation Frameworks to Elevate Multi-Chain Productivity
  • Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation
  • Sliyd launches on Base with one-click digital wallets; The “100k Sliyd Drop” shows how easy onboarding can be
  • Atua AI Builds Intelligent Execution Models to Optimize Web3 Performance
  • Huddle: The Cross-Chain Web3 Dashboard Transforming Portfolio Tracking
  • Beast Seller: The Next Matt Furie Meme Coin With 100x Potential
  • Why Multi-Chain Meme Coins Like TWG Are the Future of Crypto Communities
  • Is the ‘Rich Dad’ Author Behind RDCD? The Hold-to-Earn Bet
  • $KURT: The Alien Martian Meme Coin Taking Over the Base Chain
  • Crypto for Good: How TWG is Turning Meme Power into Real-World Impact
  • Atua AI Integrates Modular Logic Layers for Smarter Application Scaling
  • Why Community-Led Projects Like TWG Outperform Hype-Driven Meme Coins
  • CryptoNewsFeeds Publishes Exclusive Sportsbet.io Review in French, Offering Transparent Insights for Crypto Gaming Fans
  • Setback to Success: How The Wally Group Rebuilt a $25M Market Cap Project
  • Atua AI Expands Layered AI Frameworks for Enterprise-Level Efficiency
  • Atua AI (TUA) Rolls Out Modular Processing Units for Consistent Enterprise AI Handling
  • Could Avilom Be the Next 100x Coin in 2025?
  • Atua AI (TUA) Deploys Workflow Templates for Faster Enterprise AI Integration
  • Dorky the Dork Lord: The Dark Horse of Ethereum Meme Coins
  • Atua AI Enhances Developer Customization With Scalable Node Orchestration
  • Community Relaunches TWG Token After WALLY Project Collapse and Developer Exit
  • NexulonAI ($NEX) Joins Forces with Industry Leaders to Strengthen DeFi Ecosystem
  • FG Capital Advisors Opens Private Round for Tokenized Carbon “Stream” Financing – Pre‑Launch SAFEs Now Available
  • TUA Deploys Responsive Compute Nodes for Cross-Chain AI Alignment
  • Acxwp Crypto Obtains U.S. MSB License, Fully Safeguarding Trading and Fund Security
  • AstralX: Connecting traditional finance and crypto markets, redefining a new model for global asset trading
  • Atua AI Refines Modular Control Systems to Improve AI Orchestration
  • UPNEWS Launches to Revolutionize News Consumption with Trust and Transparency
  • Atua AI Enhances Microservice Intelligence to Support Complex Automations
  • FurGPT Develops Feedback-Driven AI for Interactive Companion Customization
©2025 Buzz Blockchain | Design: Newspaperly WordPress Theme