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.
personally i dont care how much people are using bitcoin .on freebitco.in are registred over 2 million peoples sk they are using bitcoin. i think over 5 million peoples use bitcoin
Topic: actual number of people using Bitcoin? - page 60. (Read 60164 times)
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.
personally i dont care how much people are using bitcoin .on freebitco.in are registred over 2 million peoples sk they are using bitcoin. i think over 5 million peoples use bitcoinBlockchain.info shows the number of unique addresses used daily. That number is currently fluctuating at between 325k and 425k. Less than a half million people are actively using Bitcoin. Remember, exchanges that have day traders will sometimes use thousands of addresses per day as a normal course of business. I myself, when I was trading heavily on BTCe would probably use 10-15 addresses and cause BTCe to use another 15 in response to my activity. That would bring the daily use by single individuals down to maybe 250k.
5 million! No fucking way! LOL
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.
personally i dont care how much people are using bitcoin .on freebitco.in are registred over 2 million peoples sk they are using bitcoin. i think over 5 million peoples use bitcoin5 million is i think too low. Bitcoin users will surely be in the 20 million users right now but it doesnt matter at all because as long as other country keeps on rejecting bitcoin we would always be the one affected.
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.
personally i dont care how much people are using bitcoin .on freebitco.in are registred over 2 million peoples sk they are using bitcoin. i think over 5 million peoples use bitcoin the number of those using bitcoin can not be determined..because now much population are unto bitcoin...its growing widely and spread..
yeah bitcoin although growth is slow though. no one can be sure exactly how many users bitcoin? there are many forums and there are a lot of groups. maybe we can use it to calculate the bitcoin users. but I think there are some people who use multiple accounts or unregistered? 
the number of those using bitcoin can not be determined..because now much population are unto bitcoin...its growing widely and spread..
it is true that it can not be determined. but the number of bitcoin users are really low comparing with the 7 billions who live now on earth.I guess that they are 5 millions around the world or less
Theres no way to know the actual number of people who uses bitcoin, because some of country are banning the bitcoin because their goverment don't what the currency. But in some country bitcoin are legal and supported by some goverment where they can use it also as they currency to invest. 
Well anyways it doesn't matter for me of how many people uses bitcoin. I am more interested on how big those people who uses bitcoins because even if a lot of small time bitcoin users it would merely equates to only a group of people who may considered as a big fish in this industry
yes we need to hope that someday there will be a great company that will receive a payments via bitcoin, only that can make bitcoin prices rose.I think were few companies in the first world countries that receives payment via bitcoin. The problem is that there were still a lot of countries who does not conisder bitcoin yet which makes it hard for us
Also for costumer protection and their protection.. unlike using paypal that they have a power to start a case or dispute.. that why they are not still consider bitcoin as payment..
Good thing right now is that coinbase i think now allows you to cash out to your paypal account. Bitcoin might be bad in terms of purchasing items online but transfering of money is easy as 123
Well anyways it doesn't matter for me of how many people uses bitcoin. I am more interested on how big those people who uses bitcoins because even if a lot of small time bitcoin users it would merely equates to only a group of people who may considered as a big fish in this industry
yes we need to hope that someday there will be a great company that will receive a payments via bitcoin, only that can make bitcoin prices rose.I think were few companies in the first world countries that receives payment via bitcoin. The problem is that there were still a lot of countries who does not conisder bitcoin yet which makes it hard for us
Also for costumer protection and their protection.. unlike using paypal that they have a power to start a case or dispute.. that why they are not still consider bitcoin as payment..
Good thing right now is that coinbase i think now allows you to cash out to your paypal account. Bitcoin might be bad in terms of purchasing items online but transfering of money is easy as 123
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.
It is difficulty,there's abount 100k where I stay. 
Well anyways it doesn't matter for me of how many people uses bitcoin. I am more interested on how big those people who uses bitcoins because even if a lot of small time bitcoin users it would merely equates to only a group of people who may considered as a big fish in this industry
yes we need to hope that someday there will be a great company that will receive a payments via bitcoin, only that can make bitcoin prices rose.I think were few companies in the first world countries that receives payment via bitcoin. The problem is that there were still a lot of countries who does not conisder bitcoin yet which makes it hard for us
Also for costumer protection and their protection.. unlike using paypal that they have a power to start a case or dispute.. that why they are not still consider bitcoin as payment..
Well anyways it doesn't matter for me of how many people uses bitcoin. I am more interested on how big those people who uses bitcoins because even if a lot of small time bitcoin users it would merely equates to only a group of people who may considered as a big fish in this industry
yes we need to hope that someday there will be a great company that will receive a payments via bitcoin, only that can make bitcoin prices rose.I think were few companies in the first world countries that receives payment via bitcoin. The problem is that there were still a lot of countries who does not conisder bitcoin yet which makes it hard for us
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.
There is no way to see that actually, because the people using bitcoin are not always using the same platform and with people using different platforms of bitcoin is hard to be counted, if every bitcoin user was using just one wallet for example then maybe that could have been possible through that.
Its really difficult to calculate the exact percentage of people using bitcoins as its never possible, but the users are regularly increasing as time passes by.
However, it does provide us with the opportunity of assumption of how many bitcoin users there can be.
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.
There is no way to see that actually, because the people using bitcoin are not always using the same platform and with people using different platforms of bitcoin is hard to be counted, if every bitcoin user was using just one wallet for example then maybe that could have been possible through that.
Its really difficult to calculate the exact percentage of people using bitcoins as its never possible, but the users are regularly increasing as time passes by.
However, it does provide us with the opportunity of assumption of how many bitcoin users there can be.
i can accept this as maximum number, since we will have probably more people with more then one address rather then sharing one.
most exchanges will store every customer separately i think.
i am though to lazy to check for myself, so go ahead and tell me the devastating number.
There are varying estimates based on different logical scenarios. Some say the minimum number of addresses used per individual would be 10, some say 2, most remove addresses with no more than "dust" amounts in them. All of them remove empty addresses from the calculation. From everything I've read I would assume total Bitcoin users to be somewhere between 1.2 million and 1.6 million but definitely below 2 mil. That may sound promising but here's the reality as far as adoption is concerned.
Apple Pay has a closed user base confined to only one country, can only be used on one type of cell phone, only been in existence for two years and has 4 million users. Of all the different types of modern online payment systems like Amazon Payments, PayPal, Google Checkout, Stripe, Braintree, WePay, GoPayment, etc. Bitcoin is dead last as far as adoption. There are numerous debates over why Bitcoin isn't spreading as far and as fast as the others but the most logical ones focus on four things. Bitcoin is not linked directly to the current banking systems, Bitcoin is difficult to acquire, difficult to use, and is not accepted as widely in mainstream commerce.
i did not had a number in mind, but i was expecting more. the good thing i can take away is that we so fare are not to late to the party and bitcoin is not at its peak, so there is room for development an we can be part of it.
also bitcoin need still a lot of work and services around, so slowly moving forward is maybe better than a big boom and many quick mistakes.
my concern would only be, that there is maybe a point in time where you have to make it or you will not at all.
I don't think there is a set cutoff date when Bitcoin can't catch up. The problem with it lagging behind is eventually some competing product will come out that beats Bitcoin in features before Bitcoin captures enough loyal users to stay afloat. It could possibly be an altcoin or something so different we couldn't imagine it now.
Bitcoin is very different compared to all other payment methods. It offers properties that no other system can. That makes it unique enough to warrant using but different enough to make people apprehensive. Only time will tell.
the number of those using bitcoin can not be determined..because now much population are unto bitcoin...its growing widely and spread..
They are all robots....
i can accept this as maximum number, since we will have probably more people with more then one address rather then sharing one.
most exchanges will store every customer separately i think.
i am though to lazy to check for myself, so go ahead and tell me the devastating number.
There are varying estimates based on different logical scenarios. Some say the minimum number of addresses used per individual would be 10, some say 2, most remove addresses with no more than "dust" amounts in them. All of them remove empty addresses from the calculation. From everything I've read I would assume total Bitcoin users to be somewhere between 1.2 million and 1.6 million but definitely below 2 mil. That may sound promising but here's the reality as far as adoption is concerned.
Apple Pay has a closed user base confined to only one country, can only be used on one type of cell phone, only been in existence for two years and has 4 million users. Of all the different types of modern online payment systems like Amazon Payments, PayPal, Google Checkout, Stripe, Braintree, WePay, GoPayment, etc. Bitcoin is dead last as far as adoption. There are numerous debates over why Bitcoin isn't spreading as far and as fast as the others but the most logical ones focus on four things. Bitcoin is not linked directly to the current banking systems, Bitcoin is difficult to acquire, difficult to use, and is not accepted as widely in mainstream commerce.
i did not had a number in mind, but i was expecting more. the good thing i can take away is that we so fare are not to late to the party and bitcoin is not at its peak, so there is room for development an we can be part of it.
also bitcoin need still a lot of work and services around, so slowly moving forward is maybe better than a big boom and many quick mistakes.
my concern would only be, that there is maybe a point in time where you have to make it or you will not at all.
the only way to know this is to go city to city and conduct some research in form of a questionnaire where people say if they are using bitcoin and how much then extrapolate the data to get an estimate of the number of people using bitcoin.
none of the above suggestions would work, because the error in any of them is bigger than to be ignored.
none of the above suggestions would work, because the error in any of them is bigger than to be ignored.
even with this city-to-city research it would be hard to answer the question. since there is no way to know if a person is lying or not and i am sure people lie a lot if it comes to money and especially bitcoin. there is also the question who would pay for the research. it sounds very cost intensive to me.
It's not that hard to do. All you really need to know is how many addresses have a positive balance. Of course, that's not going to tell you how many users there are exactly because one wallet can have multiple addresses. What it will tell you is the maximum number of "potential" users Bitcoin could possibly have worldwide. Trust me, it's a disappointing amount if you only assume one wallet for every two addresses. If you know Python, here's a little script that can help you. you should set up a database on a disk to store the data, it's going to be substantial.
# setup bitcoind as RPC connection to your bitcoind client using JSON-RPC
block_hash = bitcoind.getblockhash(0)
while True:
block = bitcoind.getblock(block_hash)
for txid in block["tx"]:
# you will need to run bitcoind with -txindex to be able to do this
tx = bitcoind.gettransaction(txid)
for det in tx["details"]:
address = det["address"]
amount = det["amount"]
if block.has_key("nextblockhash"):
block_hash = block["nextblockhash"]
else:
break
i can accept this as maximum number, since we will have probably more people with more then one address rather then sharing one.
most exchanges will store every customer separately i think.
i am though to lazy to check for myself, so go ahead and tell me the devastating number.
There are varying estimates based on different logical scenarios. Some say the minimum number of addresses used per individual would be 10, some say 2, most remove addresses with no more than "dust" amounts in them. All of them remove empty addresses from the calculation. From everything I've read I would assume total Bitcoin users to be somewhere between 1.2 million and 1.6 million but definitely below 2 mil. That may sound promising but here's the reality as far as adoption is concerned.
Apple Pay has a closed user base confined to only one country, can only be used on one type of cell phone, only been in existence for two years and has 4 million users. Of all the different types of modern online payment systems like Amazon Payments, PayPal, Google Checkout, Stripe, Braintree, WePay, GoPayment, etc. Bitcoin is dead last as far as adoption. There are numerous debates over why Bitcoin isn't spreading as far and as fast as the others but the most logical ones focus on four things. Bitcoin is not linked directly to the current banking systems, Bitcoin is difficult to acquire, difficult to use, and is not accepted as widely in mainstream commerce.
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.
It is hard to say how much people are using Bitcoin because most of bitcoin users have more wallets and you can measure all the wallet from the world, byt we know that millions of people are using bitcoin. 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.
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