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. 
Topic: actual number of people using Bitcoin? - page 61. (Read 60164 times)
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.
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
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.
Yeah, it is quite difficult to determine the number of users of the bitcoin. But we can see that the user now exceed bitcoin 10% of the existing population and the presentation will continue to rise, along with ads that spread for bitcoin.
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
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.
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.
The only thing that you could probably do is to contact exchanges, and ask them to give you (obviously they won't agree to this) all unique IP addresses, and start counting. I think this is the closest possible way to come to a number compared to all other methods of counting Bitcoin users.
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.
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.
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.
We can not sure the total number of users of bitcoin in the world but one thing i sure that most of the people now are starting to adopt bitcoin and start using it and part of their life.
I don't care about that, seem like a miracle to determine the actual number, but once things is I know it's always increase and giving a bright future for bitcoin. 
We can not sure the total number of users of bitcoin in the world but one thing i sure that most of the people now are starting to adopt bitcoin and start using it and part of their life.
I agree, the number cannot be determine this time but we can still feel it now, I think the number of users are increasing from time to time and it will continue to increase, we can only do for now is just to estimate and the price is our basis for now.
We can not sure the total number of users of bitcoin in the world but one thing i sure that most of the people now are starting to adopt bitcoin and start using it and part of their life.
You honestly can't tell. The node count will only show a partial amount of users, addresses would show hundreds for each person. Even bots, that represent humans, how will you tell them apart?
I think no one can really tell the actual number of people using bitcoin. We can only tell the estimate of how many people use it. In my estimate, 1-10million people use bitcoin worldwide. I think that since some use multiple btc address which makes it hard to really determine how much people use bitcoin. This estimate is according to the number of users in trading sites, gambling sites and investment sites.
With the market cap you can calculate something but still it will unable to find you out that how much people are using bitcoins, I think the developers will have some tools with which they will tell us that how to find the total number of people using bitcoin.
i have no correct idea about the actual number of bitcoin user. but it is a fact that we can see people representing almost all the countries of the world. so it can be expected that the actual use of bitcoin will be in millions.
One cool thing I discovered recently was "bitcoin days destroyed"?
I saw a discussion about this here-
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
and thought that this was a really cool metric.
Coins that haven't been moved in a while suddenly getting transferred is a very interesting topic.
I don't think its actually possible to know the exact number of people using Bitcoin because each person can have multiple addresses.
The concept of bitcoin days destroyed is only for measuring the volume but it does kind of give us a good opportunity to actually have a basis but that alone of an information isn't really enough. There's really no way to know the number of people using Bitcoin since we can't even know the average number of addresses each person owns. I saw a discussion about this here-
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
and thought that this was a really cool metric.
Coins that haven't been moved in a while suddenly getting transferred is a very interesting topic.
I don't think its actually possible to know the exact number of people using Bitcoin because each person can have multiple addresses.
We cannot define number of total users using bitcoins. But already have posted image about total address from just blockchain.
Another thing is cannot even predict as single person can also use multiple address.
Another thing is cannot even predict as single person can also use multiple address.
I do not think it's a number whose value can be satisfactorily estimated atm,
but it is interesting to see some estimates and it's good to know that the number is growing fast.
but it is interesting to see some estimates and it's good to know that the number is growing fast.
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