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Topic: actual number of people using Bitcoin? - page 50. (Read 60164 times)

member
Activity: 70
Merit: 10
September 11, 2016, 07:00:08 PM
I think it is a little tricky, where one person can have several btc wallets, so we can not calculate  by how the number of people  that have been doing transactions.
hero member
Activity: 686
Merit: 500
September 11, 2016, 10:32:03 AM
I think its a serious information if we are going to count the actual number of people who uses bitcoin in the whole world coz some country are not using bitcoin right now and we dont know the reason why and some country where people are polulated of course theres a lot of them are using bitcoin and if are going to create a graph like facebook. Then we need some good developer for this Imo.
Nobody can find out the actual number of bitcoin users. It is simple as that.
Even with thourough research, there are always dormant people that you can not simply count because they are not always using their bitcoins and/or hiding themselves. Still, there is no significant importance of having this data other than statistical research, I feel.
hero member
Activity: 672
Merit: 500
September 11, 2016, 08:44:20 AM
There are no way out to determine the actual number of peole who uses bitcoin maybe lots of people are using bitcoin nowadays the matter or the fact is we really dont know how much people or the graph where country are the most using of bitcoin

With bitcoin being anonymous it is hard to track how many unique persons are actually using bitcoin. Thing is that you can monitor the amount of active addresses, but then you will have a hard time to find out which are exchange addresses and which are user addreses.
sr. member
Activity: 630
Merit: 267
Just follow the rules
September 11, 2016, 08:24:15 AM
There are no way out to determine the actual number of peole who uses bitcoin maybe lots of people are using bitcoin nowadays the matter or the fact is we really dont know how much people or the graph where country are the most using of bitcoin
sr. member
Activity: 314
Merit: 250
September 11, 2016, 07:57:40 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 there is no way to determine this. there is nothing that can determine the actual growth accurately but i bet you there is increasing growth of people because of rising price.
I do not think that the exact amount of bitcoin users can find out. Assuming that it is possible to count the number of purses it is incorrect, or the number of transfers to a particular algorithm, it also will not work. Today, perhaps one of the most important features of bitcoin is a lack of control. Because it is not possible.
sr. member
Activity: 399
Merit: 250
September 11, 2016, 03:30:29 AM
We can not know the actual number  or any statistics how many people  are using btc, but i can say that we're expanding  and more people are being introduce to use it.
full member
Activity: 154
Merit: 100
September 10, 2016, 11:27:51 PM
Is not possible to know the actual number of people using bitcoin. Because they use many wallets and and may be one person make 1 to 5 6 wallets sop in reality its possible to know that. But we can rough estimate the number by indirect method.
member
Activity: 70
Merit: 10
September 10, 2016, 10:49:26 PM
I do not know the amount  of the people  using bitcoin , the only sure  is that we are growing, so i would give  a try and say they are something 300k users , but we can't  know the data as no one  has accurate statistics on this yet.
hero member
Activity: 910
Merit: 501
September 10, 2016, 08:57:28 AM
I don't think the number of people who use bitcoin really matters. And I do not think that it is possible to count them or even to give a wild guess.
I think the amount of money transferred by a certain time period, maybe a day, is more important to measure the growth of bitcoin.

When you look at the size of the blockchain, it grows about 5% a month. Maybe the number of people who use bitcoin is growing in the same size.
hero member
Activity: 910
Merit: 500
September 10, 2016, 08:07:13 AM
I think its a serious information if we are going to count the actual number of people who uses bitcoin in the whole world coz some country are not using bitcoin right now and we dont know the reason why and some country where people are polulated of course theres a lot of them are using bitcoin and if are going to create a graph like facebook. Then we need some good developer for this Imo.
full member
Activity: 160
Merit: 100
September 10, 2016, 08:00:46 AM
It is very hard to do, but what a lower estimate can give you a floor. Take the number of unique non-interconnected addresses that were used last month and you should have a pessimistic idea.
full member
Activity: 223
Merit: 250
September 10, 2016, 07:59:15 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 it's not serious information, and it does not really collect as cryptocurrency all in the shadow of the world economy. This calculation can not be done in my opinion.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 10, 2016, 06:19:07 AM
I think the data circulating in many online media is not accurate, because there are many users who have multiple accounts and anonymous identity bitcoin

I don't believe any data that are gathered in the web on how many people are totally using bitcoin. No one knows and it is really hard to find out the exact number of how many are we in the network are using it. But still I'm thinking if about 7 figures already are the users of the bitcoin all over the world.
member
Activity: 70
Merit: 10
September 09, 2016, 10:32:48 PM
I think we still don't have a very high number of BTC users. I think in my speculation,  around five percent to fifteen percent  of users in bitcoin.  Bitcoin is still not so  popular, but in the future  we will see more  users knowing and adopting it.
full member
Activity: 162
Merit: 100
September 09, 2016, 09:32:08 AM
I think the data circulating in many online media is not accurate, because there are many users who have multiple accounts and anonymous identity bitcoin
hero member
Activity: 1092
Merit: 501
September 09, 2016, 02:18:20 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.

That would be definitely hard to trace the actual count of bitcoin user. I think the only basis that we find out is the actual people who investing bitcoin bitcoin everyday in the blockchain and the actual participants in all exchange platform.
sr. member
Activity: 280
Merit: 253
September 09, 2016, 01:44:18 AM
it is impossible to count people who are using bitcoins we are still small but we are many..
So its hard to count us even address they are using is mulitple so it is impossible that you can count them..
well you can count the number of addresses with coins in them. since most people will have more than one address the number of users is smaller, but not to many people share one address, so you can give a estimate max number.
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
September 08, 2016, 01:09:58 PM
it is impossible to count people who are using bitcoins we are still small but we are many..
So its hard to count us even address they are using is mulitple so it is impossible that you can count them..
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
September 08, 2016, 12:45:57 PM
The number of those using bitcoin can not be easily determined, but it's a fact that a low percentage of the population is using it. The use is growing widely though.
You have the points but there is no bad to answer or to estimate i think almost 11% of population world wide are using bitcoin.. we have a tiny population who using bitcoin but this is not the exact users is just an estimate according to popularity of bitcoin..
hero member
Activity: 560
Merit: 500
September 08, 2016, 12:12:54 PM
The number of those using bitcoin can not be easily determined, but it's a fact that a low percentage of the population is using it. The use is growing widely though.
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