actual number of people using Bitcoin?

Red Fire

member

Activity: 189

Merit: 28

Quote from: ashapasa on May 24, 2016, 11:03:30 PM

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

I think they know the actual number of people using bitcoin because there is a people that is assigned to know it. Actually they can count it when we make an account because there is a record if when someone make an account or join here in bitcoin.

135cc

full member

Activity: 294

Merit: 100

Your professional profile on the blockchain

Quote from: ashapasa on May 24, 2016, 11:03:30 PM

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

I think theres no way for us to know about the actual and specific number of people that using bitcoin.

Angna27

full member

Activity: 406

Merit: 100

CRYPTOBLADES Octoblades 10.10

Its hard actually to determine the actual numbers of people using bitcoin or are involved in bitcoin, the fact that bitcoin now become phenominal and has huge follower and user it would quite gard to detect how many in all are using it.. but these numbers actually is more favorable to bitcoin becuase it only means that they're capturing many attention, and investor.

lorapalmer

member

Activity: 364

Merit: 10

https://bvo.trybravo.com/

Yes, this is really an interesting question. I would like to know the number of users as well but looks like it is impossible to track as users can create several accounts that makes impossible to count the right number and track them. We can only estimate an approximate number.

Lintel

sr. member

Activity: 638

Merit: 300

Quote from: ashapasa on May 24, 2016, 11:03:30 PM

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

I don't think there is really a way to determine the actual number of people using bitcoin. we all know that there were so many people using it but there is also no way to know how many . as we can't base it on the wallet addresses only or whatsoever as this is blockchain.

Nyenyepogi

full member

Activity: 378

Merit: 100

Quote from: datnguyen0912 on June 24, 2018, 09:28:05 AM

I think the number of people using bitcoin in services is still low but with the rapid development I believe many people will use it more purposefully.

Yes, I believe that too because not all the people know the existence of bitcoin, but the exact number of client its hard to know but I'm sure the number of people probably will increase more and more.

LigwagGanern

member

Activity: 307

Merit: 10

Quote from: ashapasa on May 24, 2016, 11:03:30 PM

Is there a way to determine the number of people who are actually using Bitcoin till date? Who would have access to such information? Meaning a way to find out, how many new people have used Bitcoin in 2016 , so that we can say exponential growth is natural not artificially created by hoarders.

It is impossible to know the actual or exact number of people who using bitcoin every year. We cannot also depend the number of people who using bitcoin by the wallet address, because some of bitcoin users use two or more bitcoin wallet or digital wallet. We may measure that the number of people who using bitcoin is increasing because if you use internet, there are many pages or sites saying about bitcoin. Many people will see that, and maybe they will curious what is bitcoin and they will find out what it is. And they will know that they can earn money using bitcoin. Therefore, the number of people who using bitcoin will increase.

esteam0115

newbie

Activity: 29

Merit: 0

The fact that the number of Bitcoin users is still huge, but mostly Bitcoin is in the hands of sharks

Dswaggers

newbie

Activity: 109

Merit: 0

Quote from: ashapasa on May 24, 2016, 11:19:36 PM

Would it be possible to know the number of Bitcoin addresses that has at least been used say 10 times if so maybe it's possible to get an educated estimate no?

Well it's very hard to determined the actual number of people who using bitcoin because as a matter of fact it's been around the world people join bitcoin.I think at present more and more people now in active in bitcoin and it makes bitcoin more popular in the whole world.

Williamnak

newbie

Activity: 76

Merit: 0

Not sure how would you count the actual number of people using Bitcoin. However, you could have a rough guess from the number of people who're active in the bitcoin forums.

Ambrosius

jr. member

Activity: 196

Merit: 2

“Revolutionising Marketing and Loyalty”

I think there is no way to know exactly how many bitcoin users are. First, because of anonymity, second though we can see the transaction and wallet data we are not sure of it because it could have a double wallet.

Farma

legendary

Activity: 2492

Merit: 1001

Leading Crypto Sports Betting & Casino Platform

Quote from: elsie34 on June 26, 2018, 03:23:40 AM

Quote from: arganrmartin9909 on June 26, 2018, 03:05:32 AM

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.

statistics dont lie. and if anyone can do a an actual survey about the usage of bitcoin, i think we can identify the actual number of bitcoin users around the world.

We can also count them based on the supply of bitcoin. Lets say there are already 4 million btc have been mined over the past 8 years , which means there are also 4 million bitcoin users around the world? Im a corect on that calculations? Hmmmm??

well, I guess at this time, bitcoin users are very much, even some of us also work on bitcoin. maybe almost 40% of people who are computer experts, or not, are looking for bitcoin for a long time, in fact I feel that many of us want to build a business that receives bitcoin, because we know that so many bitcoin users in out there.

bidadari22_

newbie

Activity: 56

Merit: 0

I think it's very difficult to know the actual number of bitcoin users, because I think the bitcoin users are unknowable and it is impossible to predict the exact number of bitcoin users,

elsie34

newbie

Activity: 150

Merit: 0

Quote from: arganrmartin9909 on June 26, 2018, 03:05:32 AM

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.

statistics dont lie. and if anyone can do a an actual survey about the usage of bitcoin, i think we can identify the actual number of bitcoin users around the world.

We can also count them based on the supply of bitcoin. Lets say there are already 4 million btc have been mined over the past 8 years , which means there are also 4 million bitcoin users around the world? Im a corect on that calculations? Hmmmm??

jojowar

member

Activity: 378

Merit: 10

It is very difficult to account on how many people using bitcoin that is why we cannot compute the exponential growth of the people using bitcoin from 2016 until now. Maybe it can be done in estimates through bitcoin addresses.

arganrmartin9909

newbie

Activity: 112

Merit: 0

That is a statistic that I do not believe can be calculated with the way that bitcoin operates. There are people who lives in an unregistered house, some people live in a sketchy place, some people live away from the city and some people are away from civilization. And those people might be using Bitcoin as well.

pallang

full member

Activity: 518

Merit: 100

It's hard to calculate how many people are using Bitcoin because Bitcoin is already known all over the world and new people keep on joining everyday so it's hard to count it.

Shiversnow

full member

Activity: 688

Merit: 106

Quote from: amiryaqot on May 25, 2016, 02:15:27 AM

Well it is really hard to determine how many people are involved into this crypto currency because i think at the moment there is no authentic way to find the actual numbers of people who are using it on their daily basis, so many people predicting different numbers and maybe in near future we will find the way to let know about this.

Yes, it's so hard to determine how many people using bitcoin no can tell the exact number, cause many of the investors have created lot's of account. I know every minute have investors are joining here, so it's not easy to say how many people using bitcoin. I hope in the future we determined total number.

crystalworld

jr. member

Activity: 230

Merit: 1

I think this will be difficult to determine. But expect blockchain keeps records of numbers of active accounts. Since that's one major wallet for bitcoin user's.

lodcoling

newbie

Activity: 504

Merit: 0

It is very difficult to determine the actual number of user of bitcoin. I think there are two types of bitcoin user. Some are direct user and some are indirect user. The people who directly involve with bitcoin, they are the direct user. And the people who are depended on the bitcoin user are the indirect user. I mean their family member and dependable person of them. So it is truly difficult. But we can guess from the member of this forum. I think most of the user are the member of this forum.

Topic: actual number of people using Bitcoin? (Read 60161 times)