No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
actually is already clear, bitcoin anonymous and it makes all the users are not visible and moreover bitcoin decentralization of course no one can calculate the total users of bitcoin itself
Topic: actual number of people using Bitcoin? - page 29. (Read 60161 times)
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
actually is already clear, bitcoin anonymous and it makes all the users are not visible and moreover bitcoin decentralization of course no one can calculate the total users of bitcoin itself
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
actually is already clear, bitcoin anonymous and it makes all the users are not visible and moreover bitcoin decentralization of course no one can calculate the total users of bitcoin itself
Probably way less than we think. Everytime the mainstream media mentions the coin adoption slowly rises.
We are probably not as much as we should have been by now maybe because the media as you said have played a part for proving the coin somehow not good for the world as they have always been mentioning that the coin is used for illegal activities etcetra, but still the community is large enough that no one can count the exact quantity.
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
actually is already clear, bitcoin anonymous and it makes all the users are not visible and moreover bitcoin decentralization of course no one can calculate the total users of bitcoin itself
Probably way less than we think. Everytime the mainstream media mentions the coin adoption slowly rises.
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars
This is an impossible thing
Unless Bitcoin gets widely adopted first (but that seems to be even less possible). The price may rise but it can't possibly rise in a steady stable manner. And what's even more nasty in this lie of the land is that volatility will increase faster than the price growth. I was telling that many times, but the recent magnificent rally and no less magnificent crash that followed (and we are likely not done yet, i.e. expect more to come) seem to be proving my point. People are mainly using Bitcoin for hoarding so we are basically stuck between the nether and upper millstone in the case price is set to rise
Doesn't volatility decrease over time with bitcoin?
How long ago did you look at the Bitcoin price charts yourself?
If you somehow missed the last events, the Bitcoin price at first rose over 40% and then crashed down 30% (basically the same amount in absolute terms), all in less than three weeks. That was probably the biggest rally and the hardest fall since Bitcoin inception (at least, in absolute values) taking into account the time span within which everything happened. What is it if not insane volatility?
Of course I've been watching, but I also didn't say that bitcoin isn't volatile now. I said that over time as the reward from mining decreases, so should volatility, no?
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
yes no one one the actual number of bitcoin users, actually bitcoin is anonymous and even no one can know the area from where one belong to.therefore i do not think that it is possible to find out the actual number of bitcoin users. 
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars
This is an impossible thing
Unless Bitcoin gets widely adopted first (but that seems to be even less possible). The price may rise but it can't possibly rise in a steady stable manner. And what's even more nasty in this lie of the land is that volatility will increase faster than the price growth. I was telling that many times, but the recent magnificent rally and no less magnificent crash that followed (and we are likely not done yet, i.e. expect more to come) seem to be proving my point. People are mainly using Bitcoin for hoarding so we are basically stuck between the nether and upper millstone in the case price is set to rise
Doesn't volatility decrease over time with bitcoin?
How long ago did you look at the Bitcoin price charts yourself?
If you somehow missed the last events, the Bitcoin price at first rose over 40% and then crashed down 30% (basically the same amount in absolute terms), all in less than three weeks. That was probably the biggest rally and the hardest fall since Bitcoin inception (at least, in absolute values) taking into account the time span within which everything happened. What is it if not insane volatility?
Impossible to estimate the number of user using bitcoins because there are a lot of transactions going on and we cannot count how many transactions a person make on average like I do 10 transactions a day while a friend of mine gamble whole day and hence make 1000 tx per day.
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars.
I am not too certain that bitcoin was meant to be a everyday currency like dollar i would like to see bitcoin more like an asset ,if people starts accepting bitcoin in stores at the end of the day people will be looking for fiat and that in turn means a massive sell off 
,joke aside you could not really define the amount of people using the coins but you can determine the amount of transactions made 
That is a consequence of free market. Each one can do what he wants with his money. There is the possibility to hold BTCs, to convert to fiat anytime... I want to see BTC like a currency, being used to buy things on the internet, and it will be very useful when online shops start accepting this. If Bitcoin is used only as an asset I think it's not so interesting, the Bitcoin purpose is another. I estimate the currently number of Bitcoin users in 2-3 millions, considering an average of 3 addresses or something like this per user.
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
actually is already clear, bitcoin anonymous and it makes all the users are not visible and moreover bitcoin decentralization of course no one can calculate the total users of bitcoin itself
No actual number defines on how many are bitcoin users,seems like everyone is anonymous and even a very private individual who are enjoying the good benifits bitcoin gives.For these days it depends on how the market works and how many are really interested and willing to know.
I think it's impossible to say, but the number will grove as the price of BTC rise. To know the
approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
of course, more and more users will bring in a variety of large investors. bitcoin we believe that the future will be powered by a variety of important components that exist in the world economy today.approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars.
I am not too certain that bitcoin was meant to be a everyday currency like dollar i would like to see bitcoin more like an asset ,if people starts accepting bitcoin in stores at the end of the day people will be looking for fiat and that in turn means a massive sell off ,joke aside you could not really define the amount of people using the coins but you can determine the amount of transactions made That is a consequence of free market. Each one can do what he wants with his money. There is the possibility to hold BTCs, to convert to fiat anytime... I want to see BTC like a currency, being used to buy things on the internet, and it will be very useful when online shops start accepting this. If Bitcoin is used only as an asset I think it's not so interesting, the Bitcoin purpose is another. I estimate the currently number of Bitcoin users in 2-3 millions, considering an average of 3 addresses or something like this per user.
I think it's impossible to say, but the number will grove as the price of BTC rise. To know the
approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
of course, more and more users will bring in a variety of large investors. bitcoin we believe that the future will be powered by a variety of important components that exist in the world economy today.approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
I think for that we can better use the number of transactions over a long period of time to know that the user base has been growing.
But still, it won't result in a number that we can use as a reference to know how many people are making use of Bitcoin. It's something that we most likely will never figure out.
I think it's impossible to say, but the number will grove as the price of BTC rise. To know the
approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
of course, more and more users will bring in a variety of large investors. bitcoin we believe that the future will be powered by a variety of important components that exist in the world economy today.approximately number of people would interest large companies like Amazon, Ebay etc. when implement BTC as payment method, to see it is worthed or not. For the rest of people (miners, traders etc.) is irrelevant
It's still less then 1mln I think
The mere number of wallets created on blockchain.info alone is reaching 10 millions. Sure one user may be the owner of multiple account. But bitcoin is not used by 1 million of people. It is safe to assume that number of bitcoin's users exceed 10 millions ATM.
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars.
I am not too certain that bitcoin was meant to be a everyday currency like dollar i would like to see bitcoin more like an asset ,if people starts accepting bitcoin in stores at the end of the day people will be looking for fiat and that in turn means a massive sell off ,joke aside you could not really define the amount of people using the coins but you can determine the amount of transactions made 
Nope I definitely don't, the number is probably very small. I know it was a big deal when Overstock started accepting bitcoin and they did a bunch of sales, but apparently they held onto the coins and didn't exchange them instantly so they lost a lot of money, lol. I know a lot of other big companies accept it, and some small local places all over the world do. Obviously on a grand scale the number of people using it will be insignificant, but for bitcoin itself I think the numbers wouldn't be awful so long as more and more people are using it every year.
You're right, if we can convince more people to use Bitcoin everyday like currency then the speculators will get what they want - a continuously rising price that's stable. If Bitcoin had any kind of large daily user economy that was constantly growing it would be almost impossible for the exchange rate to not continuously rise and these $2-3-4 hundred dollar "corrections" to the exchange rate would disappear. It would be devastating to the world economy if the value of the dollar could lose or gain 40-70% overnight. No business in the world would be willing to sell anything for dollars
This is an impossible thing
Unless Bitcoin gets widely adopted first (but that seems to be even less possible). The price may rise but it can't possibly rise in a steady stable manner. And what's even more nasty in this lie of the land is that volatility will increase faster than the price growth. I was telling that many times, but the recent magnificent rally and no less magnificent crash that followed (and we are likely not done yet, i.e. expect more to come) seem to be proving my point. People are mainly using Bitcoin for hoarding so we are basically stuck between the nether and upper millstone in the case price is set to rise
Doesn't volatility decrease over time with bitcoin?
Usually smaller holdings with fewer participants are more volatile than larger ones with more participants. With large economies it simply takes more people with more of a stake to move the price by a great deal.
Bitcoin is tiny, its exchange rate can be moved a great deal by a few people. When huge amounts of people are buying Bitcoin because it's truly being used as a currency, has a thriving economy and more people are adopting it every day it will increase in stability and stabilize growth. That's basic high school economics.
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