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Topic: actual number of people using Bitcoin? - page 42. (Read 60161 times)

hero member
Activity: 1820
Merit: 537
October 23, 2016, 02:20:50 AM
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.

Actual number of people using bitcoin? Well its kinda hard to determine the actual number of people using bitcoin. But if you conduct long surveys and interviews maybe in that way you can determine the number of people using bitcoin but its not the exact result.
But how can survey be done all over the world and by reaching each any every people.This can only be done by government but as bitcoin is not controlled by the government,they will not do it.So its really difficult to find the actual number people using bitcoins.
We don't need that media for us to conduct a survey and what is the purpose then if we know the number of users ,just like using of dollars do they waste a time to count it how many people using it ? For me it is not important to know what more important is how the bitcoin user contributed the growth of bitcoins .correct me if im wring .its my opinion only. We cant count all users because everyday there is a new bitcoiners so it is useless if we count it why dont seek for other things that may help us .
full member
Activity: 238
Merit: 100
October 23, 2016, 12:34:35 AM
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.

Actual number of people using bitcoin? Well its kinda hard to determine the actual number of people using bitcoin. But if you conduct long surveys and interviews maybe in that way you can determine the number of people using bitcoin but its not the exact result.
But how can survey be done all over the world and by reaching each any every people.This can only be done by government but as bitcoin is not controlled by the government,they will not do it.So its really difficult to find the actual number people using bitcoins.
full member
Activity: 154
Merit: 100
October 22, 2016, 08:48:10 PM
Bitcoin is moving forward with very solid growth even it may take some more time to reach its all time higher price ever, but I'm pretty sure it will surpass it very soon and the future of bitcoin will be more brighter than ever.The price started increasing. More are joining into this community which ia also an indication of its immense growth.
legendary
Activity: 1442
Merit: 1025
October 22, 2016, 12:18:30 PM
So if there are only a couple million Bitcoin users currently,
and Kim Dotcom predicts the new Bitcache service will generate at least 2 million new users,
we could potentially double the number of users.

The same supply with twice the demand would (eventually) double the price.
If this is true, a price of $1000-2000 actually seems reasonable.
I really wish that prediction comes out to be true. But actually even the best of projects are not engaging much users, I mean yes its good to have expectations but the people who will benefit from a particular project being launched will be those who are currently also using it right now.
hero member
Activity: 644
Merit: 500
October 21, 2016, 09:22:36 PM
very much people in using bitcoin
you can see this ponzy site in MMM global member partcipant in there over one million
and MMM global is payment is use bitcoin
you can see register member in market placed exchanger huobi, okcoin and poloniex, in there ready register over 100k
member
Activity: 112
Merit: 10
October 21, 2016, 07:49:00 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.

Actual number of people using bitcoin? Well its kinda hard to determine the actual number of people using bitcoin. But if you conduct long surveys and interviews maybe in that way you can determine the number of people using bitcoin but its not the exact result.
sr. member
Activity: 476
Merit: 250
October 21, 2016, 06:28:49 PM
It's quite impossible to predict the actual number of people using bobbin because while creating bitcoin wallet and using bitcoin we don't have to provide any person information. Bitcoin account is fully anonymous and we can't count it. Well we could make a smart guess like 2 million or whatever.
I think for the prediction of course nothing wrong but saying that the number of actual bitcoin. I think it would be impossible tetapin predictions may be closer to the actual
full member
Activity: 138
Merit: 100
October 21, 2016, 05:41:57 PM
there is no one know the actual number of bitcoin users because a lot of people are using bitcoin in huge amount so no one can be count the actual number of bitcoin users and sometime i think that actual number users can be count just the owners.
member
Activity: 112
Merit: 10
October 21, 2016, 02:30:23 PM
I can not sure of that but maybe in all country have 20% using bitcoin all over the country. Because many people dont have internet connection and they dont know what is bitcoin yet. But i think always get know about bitcoin so number of using bitcoin is increasing.
You are saying 20% which is alot more and i think not even 5% users in my country are using bitcoins and over the world also i think the number would be less that 10%,even those who have regular internet connections do not even know about bitcoin what it really is.
legendary
Activity: 1288
Merit: 1036
October 21, 2016, 01:12:43 PM
It is hard to determine the exact the total users of bitcoin. Here in our country, not all people know what bitcoin, some even cant use a computer properly and others just know to play not to use. I know some that use bitcoins and i can count them with my hands. But it really makes me curious.
Even if you can calculate amount of users using bitcoins in your city still you cannot determine the total database of bitcoin users.
Because, there is a different population in each city and country and likewise different curiosity in bitcoins. So, having a rough estimation also seems very hard in my opinion.
hero member
Activity: 714
Merit: 500
October 21, 2016, 04:37:03 AM
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.
in my opinion it is not easy to predict whether any particular number of people using bitcoin .
because every user has multiple adress , multiple wallet and also many bitcoin services account , so we can't predict of find out how many persons are involve in the bitcoin  .

And even in future we won't be able to find how many people are using it as we cannot go to each and everyone and ask whether they are using bitcoins or not and I think its a waste of time.
hero member
Activity: 882
Merit: 500
October 21, 2016, 04:32:51 AM
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.
in my opinion it is not easy to predict whether any particular number of people using bitcoin .
because every user has multiple adress , multiple wallet and also many bitcoin services account , so we can't predict of find out how many persons are involve in the bitcoin  .
hero member
Activity: 910
Merit: 507
October 21, 2016, 04:17:31 AM
I can not sure of that but maybe in all country have 20% using bitcoin all over the country. Because many people dont have internet connection and they dont know what is bitcoin yet. But i think always get know about bitcoin so number of using bitcoin is increasing.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
October 21, 2016, 04:08:32 AM
It's quite impossible to predict the actual number of people using bobbin because while creating bitcoin wallet and using bitcoin we don't have to provide any person information. Bitcoin account is fully anonymous and we can't count it. Well we could make a smart guess like 2 million or whatever.

Its just an prediction that those number of people would be using bitcoin at a moment and it can be either or higher or lower then 2 million as its impossible to arrive at exact figure of people using it.
full member
Activity: 210
Merit: 100
October 21, 2016, 04:03:53 AM
It's quite impossible to predict the actual number of people using bobbin because while creating bitcoin wallet and using bitcoin we don't have to provide any person information. Bitcoin account is fully anonymous and we can't count it. Well we could make a smart guess like 2 million or whatever.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
October 21, 2016, 03:17:11 AM
It is hard to determine the exact number of bitcoin users. Actually it is impossible to tell the approximate number of people using it.
Around 2 million people i guess i saw some thread that topics are the same with OP asking questing on how much people who really uses bitcoin there are  some counties that really dont determine what bitcoin is and thinking bitcoin is really a myth thing.
Another factor why I think it is almost impossible to count the number of people using bitcoins is because there are people who use exchange as a wallet and hence almost 100-200 addresses are being used by a single person and even more.I think though more than 20 lakh people are surely using bitcoins.

Considering that, we even cannot do a close estimate because as you said that a person uses almost more than 100 wallet addresses so counting addresses or anything like that would never help us find the exact number of users in bitcoin community.

Yup and many people prefer to have multiple wallets to diversify their coins at different places to reduce the risk of loosing so in that case it will be never possible to identify the exact number of people using bitcoins.
And that is advisable for anyone who are holding more bitcoins, it is like when we are opening different bank accounts to put our savings to minimize the risk as we do not know when a specific bank will close operation, with that scenario at least we still have the other bank accounts in different banks.
hero member
Activity: 840
Merit: 1000
October 21, 2016, 02:33:09 AM
It is hard to determine the exact number of bitcoin users. Actually it is impossible to tell the approximate number of people using it.
Around 2 million people i guess i saw some thread that topics are the same with OP asking questing on how much people who really uses bitcoin there are  some counties that really dont determine what bitcoin is and thinking bitcoin is really a myth thing.
Another factor why I think it is almost impossible to count the number of people using bitcoins is because there are people who use exchange as a wallet and hence almost 100-200 addresses are being used by a single person and even more.I think though more than 20 lakh people are surely using bitcoins.

Considering that, we even cannot do a close estimate because as you said that a person uses almost more than 100 wallet addresses so counting addresses or anything like that would never help us find the exact number of users in bitcoin community.

Yup and many people prefer to have multiple wallets to diversify their coins at different places to reduce the risk of loosing so in that case it will be never possible to identify the exact number of people using bitcoins.
sr. member
Activity: 672
Merit: 250
October 21, 2016, 02:30:31 AM
It is hard to determine the exact number of bitcoin users. Actually it is impossible to tell the approximate number of people using it.
Around 2 million people i guess i saw some thread that topics are the same with OP asking questing on how much people who really uses bitcoin there are  some counties that really dont determine what bitcoin is and thinking bitcoin is really a myth thing.
Another factor why I think it is almost impossible to count the number of people using bitcoins is because there are people who use exchange as a wallet and hence almost 100-200 addresses are being used by a single person and even more.I think though more than 20 lakh people are surely using bitcoins.

Considering that, we even cannot do a close estimate because as you said that a person uses almost more than 100 wallet addresses so counting addresses or anything like that would never help us find the exact number of users in bitcoin community.
legendary
Activity: 1232
Merit: 1029
October 21, 2016, 01:56:03 AM
I think bitcoin users all over the is not measurable.It cannot be count base on just bitcoins wallet account in every registered user because they can create multiple accounts of bitcoin wallets.Maybe you can estimate it on every transactions that is being processed by blockchain.Because there are about millions or even billions of bitcoin users online around the world.

That's right.You can not measure number of users by counting the addresses or wallets.
Furthermore we are far away from having billions of bitcoin users.I would guess the number is around 3-5 million mostly.So a really tiny number at the moment.
WE cam't really messaure number of users who are really uses bitcoin and the bitcoins address can be multiple and they can use multiple address per person and if you are going to count one by one people are not really only everyday and can't seen when the updates happen.
Yes you are right, but lets calculate this way there are approximately 1-2 million account of primedice and hardly people make 2 accounts because there is no sense at all.
So at least 1-2 million people are there and that too who gamble, and thin for those who don't gamble.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
October 20, 2016, 03:33:54 PM
It has to be at least 30 or 40 billion by now. ROFL

I dont  think so that  it already reach this   numbers  on which  people are using bitcoin. For now  im speculating ><2m people  hence  adoption  for now  is still increasing and  for sure  these  numbers would  add  up  in upcoming months and years  but  30-40m would be  impossible   as of today for sure. IMO

Well my opinion and estimation would be from 1 million - 2 million only. And upon for being a young crypto currency I would say that it is already a victory for 78 years. And for sure within the next years this is going to make the population of bitcoin increase as the price of bitcoin is increasing this will make the people use bitcoin.

It was a joke, there's only 7 billion people on the whole fucking planet.

There's less than 250 thousand Bitcoin transactions a day and that includes regular mining pool payments to pool users. There's no fucking way there is even a million regular Bitcoin users.

I can't remember the last time one day passed that I didn't use my debit card. I also can't remember the last time I made a Bitcoin transaction to buy something.
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