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Topic: actual number of people using Bitcoin? - page 14. (Read 60161 times)

member
Activity: 532
Merit: 10
Its do hard to know and identify the actual number of people using bitcoin because from the start of this the numbers are too much high especially now up to the present due to bitcoin popularity in the nation.
I think the admin of this furom has the list of all members of this furom but I doubt of some people who engaged in bitcoin but not a member of this forum. There are what we called miners and just pure investors in some other bussiness. Maybe its hard to identify tge exact number of people using bitcoin.
newbie
Activity: 84
Merit: 0
I do not think anyone can calculate how much is using Bitcoin until the current date, maybe it's growing I think with the news where it's marked so popular bitcoin Smiley
sr. member
Activity: 798
Merit: 250
I always think that not many, mainly investors, bitcoin price fluctuations quite a lot, not suitable for the business to receive payment by Bitcoin! Bitcoin needs to be developed and stable to use as currency
newbie
Activity: 112
Merit: 0
Its do hard to know and identify the actual number of people using bitcoin because from the start of this the numbers are too much high especially now up to the present due to bitcoin popularity in the nation.
newbie
Activity: 198
Merit: 0
You can only make an assumption but you cant get an actual or accurate  number of person on bitcoin its very large and also thinking about the widespread of people who make investments almost everyday.That makes it almost impossible to get an actual number of persons using bitcoin.
newbie
Activity: 168
Merit: 0
im glad i was part of this cryptoworld. and i am proud to be one... surely as time pass by many people will get involve in cryptocurrency and this will make cryptocurrency be part of the exchange goods in the marketplace.
jr. member
Activity: 252
Merit: 2
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 if someone can accurately count the number of people using bitcoin considering of a widespread investment offer to many people world wide.
jr. member
Activity: 131
Merit: 1
I think there is. Condition people have to work hard and believe to create creative ideas, ideas and ideas are good, then.
newbie
Activity: 266
Merit: 0
For me it is impossible to determine the actual number of people who using bitcoin because some of users are making multiple account and that's why we can't determine the actual number of people using bitcoin
newbie
Activity: 9
Merit: 0
I don't think you can really measure the number of people using bitcoin accurately at any time because bitcoin is free to sign up and doesn't need any ID, and is mostly anonymous. You can measure the number of used addresses, but a person or organization can have multiple addresses.

Here: http://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter. It's quite outdated but you can safely say I think that there are around 2.5 million people right now using bitcoins. I think that's the absolutely minimum for now.
  Thiers a million of bitcoin members.
newbie
Activity: 74
Merit: 0
To measure the increase in Bitcoin users, it is best to compare Bitcoin in circulation within  a year with general price over the year.
It would be best! Other comparisons may not give clear picture
newbie
Activity: 1
Merit: 0
It is impossible to know exactly the number of the BTC-users. It is frequent that 1 person owns more accounts and vice versa more users with 1 account.

I agree
jr. member
Activity: 55
Merit: 2
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
It is impossible to know exactly the number of the BTC-users. It is frequent that 1 person owns more accounts and vice versa more users with 1 account.
sr. member
Activity: 456
Merit: 250
Some users have predicted the number of bitcoin users based on the active wallet that has been created till date. This doesn't give the right calculation about the user base. To my understanding in terms of percentage I believe around 5% of the world population might be using bitcoin as well other digital currencies.
newbie
Activity: 112
Merit: 0
Honestly you can not easily know how much people are using bitcoin because its anonymous and many addresses are generating everyday. and also many people are using multiple wallet for security reason.so it seems fairly impossible that there is even 2 million users. Maybe a little less.But through a proper survey it's possible to actually get a rough estimate though..
sr. member
Activity: 896
Merit: 253
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.

Through the technology we have today, may be it is possible indeed. Well, we cannot also deny the fact that there might also individuals who are using bitcoin only for a purpose. What is it? Then that is , its bitcoin true purpose of existence. To be used for remittance of money without any third party. So we can also conclude, some individuals also just buy bitcoin from the money they want to send to their love ones, then the receiver, just convert it to his or her economic currency used in their country.
newbie
Activity: 84
Merit: 0
I figure it is difficult to decide the genuine number of individuals utilizing btc, on the grounds that ordinary the number is expanding a result of amateurs. Additionally, it's an uplifting news in light of the fact that since we can't tally the quantity of individuals utilizing btc on the planet, we could state that btc is broadly utilized and is extremely mainstream to numerous individuals. It essentially implies that btc is truly helping individuals thus most clients are now acquainting it with others.
newbie
Activity: 154
Merit: 0
The number of people who have used bitcoin or hold it can be known. It depends on what algorithm or mathematical equation that has been set in place to determine the amount of bitcoins mined so far and the number of wallets cold or hot that has been created and funded (However, there is a tendency that multiple accounts can be opened by a single user) With this known a fairly accurate figure can be known.
sr. member
Activity: 966
Merit: 274
The actual number of people using bitcoin is not possible to determine.

Even if you track the number of accounts, then also it is not possible because, one user can generate lot of accounts.

Only if you can track the IP of the users then you might get an estimate. But there's no easy way to do it.
That is true, single person could provide multiple accounts in terms of having their transaction, trading and investment. It is really not possible to count the exact people who are currently using bitcoin all we can do is to enjoy the benefit of the support of those people who are continuing supporting bitcoin as a form of cryptocurrency on investing, trading and transactions.
newbie
Activity: 196
Merit: 0
For me to know the exact number of people using bitcoin is ver impossible. As bitcoin nowadays has a very wide or increased popularity if cryptocurrency each day and the growing number if bitcoin.i think there is no way to know the number if users.
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