This paper proposes a classification model for predicting the main activity of bitcoin addresses based on their balances. Since the balances are functions of time, we apply methods from functional data analysis; more specifically, the features of the proposed classification model are the functional principal components of the data. Classifying bitcoin addresses is a relevant problem for two main reasons: to understand the composition of the bitcoin market, and to identify addresses used for illicit activities. Although other bitcoin classifiers have been proposed, they focus primarily on network analysis rather than curve behavior. Our approach, on the other hand, does not require any network information for prediction. Furthermore, functional features have the advantage of being straightforward to build, unlike expert-built features. Results show improvement when combining functional features with scalar features, and similar accuracy for the models using those features separately, which points to the functional model being a good alternative when domain-specific knowledge is not available.