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Topic: actual number of people using Bitcoin? - page 45. (Read 60161 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 15, 2016, 01:10:42 AM
It can not be predicted. But I wish this should reach out to everyone in every corner and everyone should start using the bitcoins. The government should accept it and allow the people to use the bitcoins everywhere. The bitcoin would become much popular and the value of this would surely increase still more than what will be expected. The economy market will see a great spike in profit as well.
Even if the government would not allow people to use bitcoin they cannot control us as long as there is internet, with bitcoin which is design to give us freedom, it will enable us to function without the help of the government like we are doing now.
full member
Activity: 154
Merit: 100
October 14, 2016, 09:24:26 PM
It can not be predicted. But I wish this should reach out to everyone in every corner and everyone should start using the bitcoins. The government should accept it and allow the people to use the bitcoins everywhere. The bitcoin would become much popular and the value of this would surely increase still more than what will be expected. The economy market will see a great spike in profit as well.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
October 14, 2016, 01:58:38 PM
It's totally impossible to count the total user of bitcoin.
In one way bitcoin is anonymous and in another way in bitcoin world hardly few user usages real info for creating bitcoin wallet. And 1 user usage 1 to 2 or more wallet so it's quite unpredictable to figure out the exact number of bitcoin user. If one want to know then he might have to conduct world wide census.
even with consensus or survey can't give you the right number of people using bitcoin because there's still a big chance you will get the wrong answer,and there's always someone who hiding and keep silence so it's not a good solution  i guess, i'm still in my opinion that counting the actual number of people using bitcoin is impossible
yap this is the difficult things to knows because it is very easy to get a bitcoin address so no one will ever know how many are actually using bitcoin.
Yu can not know how many people are using bitcoin since we can make more bitcoin wallet depends in our needs..
If al bitcoin users can volunteer to help how many we are and every each country i think they can not still count how many people are using bitcoin..
hero member
Activity: 518
Merit: 500
October 14, 2016, 01:41:13 PM
It's totally impossible to count the total user of bitcoin.
In one way bitcoin is anonymous and in another way in bitcoin world hardly few user usages real info for creating bitcoin wallet. And 1 user usage 1 to 2 or more wallet so it's quite unpredictable to figure out the exact number of bitcoin user. If one want to know then he might have to conduct world wide census.
even with consensus or survey can't give you the right number of people using bitcoin because there's still a big chance you will get the wrong answer,and there's always someone who hiding and keep silence so it's not a good solution  i guess, i'm still in my opinion that counting the actual number of people using bitcoin is impossible
yap this is the difficult things to knows because it is very easy to get a bitcoin address so no one will ever know how many are actually using bitcoin.
legendary
Activity: 1274
Merit: 1004
October 14, 2016, 01:31:19 PM
the actual number is somewhere like 4-5billion users i know its not much but its really a great population in compared to others they have spent a lot to advertise and people use them not for intrest they use by observing others but in case of btc we use it because we love it
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
October 14, 2016, 12:35:10 PM
What in the fuck are you people talking about? It's really fucking simple to figure out how many people are using Bitcoin. It is going to be a number lower than the number of daily transactions (probably 3/4 to 1/2 as many). There are around 250 thousand transactions per day so there are most likely 125-200 thousand regular Bitcoin users.

In comparison there are 2-4 billion ach/eft transactions per day worldwide. Individuals, businesses and governments transfer money around constantly using this method. That means there are probably 1-2 billion individual, business and government users transacting daily.

I dont agree with your theory as their are so many users who are having so many wallets and for each and every transaction most of the wallets change the address so it is very hard to find the solutions for this.

It doesn't matter what the fucking address is. Either they send a transaction or they don't. No matter what, there are less than 250 thousand users a day, probably a lot less. That makes Bitcoin a parasite on a fleas ass. It is so tiny it's barely possible to count it as anything in the financial sector. The market cap is less than $10B (globally, it's less than the cap of a mid sized USA company).

When you're attempting to determine how many people are using Bitcoin there is only one answer: Not enough to even talk or worry about.

Let me put that in a little better perspective for you. Pokémon Go has more than 26 million THATS 26 MILLION users a day and it's just a fucking game.

legendary
Activity: 1190
Merit: 1002
October 14, 2016, 11:54:06 AM
What in the fuck are you people talking about? It's really fucking simple to figure out how many people are using Bitcoin. It is going to be a number lower than the number of daily transactions (probably 3/4 to 1/2 as many). There are around 250 thousand transactions per day so there are most likely 125-200 thousand regular Bitcoin users.

In comparison there are 2-4 billion ach/eft transactions per day worldwide. Individuals, businesses and governments transfer money around constantly using this method. That means there are probably 1-2 billion individual, business and government users transacting daily.

I dont agree with your theory as their are so many users who are having so many wallets and for each and every transaction most of the wallets change the address so it is very hard to find the solutions for this.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
October 14, 2016, 11:41:13 AM
What in the fuck are you people talking about? It's really fucking simple to figure out how many people are using Bitcoin. It is going to be a number lower than the number of daily transactions (probably 3/4 to 1/2 as many). There are around 250 thousand transactions per day so there are most likely 125-200 thousand regular Bitcoin users.

In comparison there are 2-4 billion ach/eft transactions per day worldwide. Individuals, businesses and governments transfer money around constantly using this method. That means there are probably 1-2 billion individual, business and government users transacting daily.
sr. member
Activity: 406
Merit: 250
October 11, 2016, 09:10:11 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.
No sure on how many people make use of Bitcoin but I know that allot of people make use of it and that it is popular.
I believe that in the future Bitcoin is going to become even more popular.
hero member
Activity: 3010
Merit: 629
October 10, 2016, 07:16:39 AM
i think there is a way how many people use bitcoin by looking up how many people created a bitcoin wallet
That is the only data we can analyze to determine the real number of users of bitcoin but with that alone we cannot determine the exact users of bitcoin because anyone can create as many wallet as he wants and in fact we are anonymous so it is really hard to tell though.
Yes, anyone of us can create wallet as many as we want thats why its not reliable to find out the actual users using bitcoin through it. i think there is no way to know exactly the number of users and for me its fine not to know.
legendary
Activity: 3248
Merit: 1160
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October 10, 2016, 07:05:09 AM
i think there is a way how many people use bitcoin by looking up how many people created a bitcoin wallet
That is the only data we can analyze to determine the real number of users of bitcoin but with that alone we cannot determine the exact users of bitcoin because anyone can create as many wallet as he wants and in fact we are anonymous so it is really hard to tell though.
sr. member
Activity: 476
Merit: 250
October 08, 2016, 02:37:11 PM
I am not sure there are real stats that we can see or research about the actual amount of people that are using bitcoins. These stats are far too difficult to research.
But an honest estimation of me would be around 100.000 people worldwide.
hero member
Activity: 2842
Merit: 772
October 08, 2016, 12:19:09 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 to determine the actual number of people using bitcoin is can be found in the exchange platform, or in the blockchain. But not precise count I think.

Not everyone trade bitcoins with other currencies also not everyone use blockchain.info
So predicting the numbers of users on these things is useless.
If I am not wrong then many Darknet websites uses Bitcoin and counting the users who use bitcoins there is nearly impossible.
So I think it's impossible to find the number of users using bitcoin , It's like counting the starts.

we can never know the real number of bitcoin users that is why the only thing we can do is to speculate and make guesses based on the usages that we can see.

so all of the above can be right, and this actually gives us a general idea about the real number. I can add to the list the following: number of transactions per day, the number of wallets on coinbase, and if possible number of addressed with more than 0.01BTC on them.

Maybe the actual number of the people own the people does not matter too much. The number of people doing active transaction matters more.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 05, 2016, 05:11:05 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.


I think to determine the actual number of people using bitcoin is can be found in the exchange platform, or in the blockchain. But not precise count I think.

Not everyone trade bitcoins with other currencies also not everyone use blockchain.info
So predicting the numbers of users on these things is useless.
If I am not wrong then many Darknet websites uses Bitcoin and counting the users who use bitcoins there is nearly impossible.
So I think it's impossible to find the number of users using bitcoin , It's like counting the starts.

we can never know the real number of bitcoin users that is why the only thing we can do is to speculate and make guesses based on the usages that we can see.

so all of the above can be right, and this actually gives us a general idea about the real number. I can add to the list the following: number of transactions per day, the number of wallets on coinbase, and if possible number of addressed with more than 0.01BTC on them.
sr. member
Activity: 686
Merit: 260
October 05, 2016, 04:40:08 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.


I think to determine the actual number of people using bitcoin is can be found in the exchange platform, or in the blockchain. But not precise count I think.

Not everyone trade bitcoins with other currencies also not everyone use blockchain.info
So predicting the numbers of users on these things is useless.
If I am not wrong then many Darknet websites uses Bitcoin and counting the users who use bitcoins there is nearly impossible.
So I think it's impossible to find the number of users using bitcoin , It's like counting the starts.

Stars can be counted Cheesy haha. well we cant really predict the exact 100% of population or how many are the users of bitcoin in the whole world but we can speculate through transactions or talking bitcoin online or something that could help.
member
Activity: 104
Merit: 10
October 05, 2016, 04:22:21 AM
My approximate guess of a million active users.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
October 05, 2016, 03:56:53 AM
It's totally impossible to count the total user of bitcoin.
In one way bitcoin is anonymous and in another way in bitcoin world hardly few user usages real info for creating bitcoin wallet. And 1 user usage 1 to 2 or more wallet so it's quite unpredictable to figure out the exact number of bitcoin user. If one want to know then he might have to conduct world wide census.
even with consensus or survey can't give you the right number of people using bitcoin because there's still a big chance you will get the wrong answer,and there's always someone who hiding and keep silence so it's not a good solution  i guess, i'm still in my opinion that counting the actual number of people using bitcoin is impossible
sr. member
Activity: 448
Merit: 250
October 05, 2016, 03:50:13 AM
I think it's difficult to figure this out cause even wallets are not all online etc and people use more than one wallet.
But I think we have alot of people supporting bitcoin right now and the number is still growing as you can see with the value per coin.
sr. member
Activity: 672
Merit: 250
October 05, 2016, 03:48:03 AM
I think it's not possible to estimate the exact number of people using bitcoin because bitcoin is completely decentralized money and it's anonymous and real life info is not taken while using bitcoin wallet. So it's possible to count the number. And 1 user have 1  to 10 address so obviously it's out of question

Counting number of wallets can be possible but as you and a lot of people mentioned already that not every bitcoin user has 1 bitcoin address but they have more than one, so just counting the number of wallets wont tell us the exact number of bitcoin users.
sr. member
Activity: 280
Merit: 250
October 05, 2016, 03:41:09 AM
It's totally impossible to count the total user of bitcoin.
In one way bitcoin is anonymous and in another way in bitcoin world hardly few user usages real info for creating bitcoin wallet. And 1 user usage 1 to 2 or more wallet so it's quite unpredictable to figure out the exact number of bitcoin user. If one want to know then he might have to conduct world wide census.
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