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Topic: How Many Millions of People Use Bitcoin? - page 4. (Read 11905 times)

legendary
Activity: 1442
Merit: 1016
November 22, 2016, 04:28:01 AM
I still believe the number isn't that high.
I would say 2-5 million seems to me the most realistic number at the moment.
There is adoption going on but it's not that much rising like a few might think.
We are still a very nerdy and technical focussed community which is far away from making a step to bigger number of users.
The reasons are mostly ease of use and lack and confidence in Bitcoin due to constant negative reports by the msm.
The blocksize dsipute and other inner conflicts may play a role as well.

However I hope to see a number of 10-30 million users until 2020.This might be a conservative number, but I try to stay realisitc and not expect too much.
hero member
Activity: 959
Merit: 500
November 22, 2016, 04:12:23 AM
I think there are more than 30 million people in the world as bitcoin users,.
how confident your allegations, I'm sure you just guess it? I do not think it will be that much. for a great country I'm sure users will not exceed 300k users, and probably a whole will only reach 5-10 million users only
its really hard until now to know wahts the actual number but most of us for sure influence already some of our friends and relatives to also use and invest with bitcoin for sure from day to day more and more people are also acquiring so if just for guessing might be possible to have atleast 10M+ just for my personal guess though.
10M+ people maybe good number but it will keep increase as we know more people that know about bitcoin and it already spread to people around the world, in 2017 it will be more than 20M i think
I would say as well that there might be about 10 million people who have used bitcoin already.
Some of them might have already turned their back on crypto currencies. Maybe 20%.
That leaves about 8 millions who use bitcoin in a regular way. At least to what I am guessing.
legendary
Activity: 2954
Merit: 1155
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November 22, 2016, 04:00:12 AM
I think there are more than 30 million people in the world as bitcoin users,.
how confident your allegations, I'm sure you just guess it? I do not think it will be that much. for a great country I'm sure users will not exceed 300k users, and probably a whole will only reach 5-10 million users only
its really hard until now to know wahts the actual number but most of us for sure influence already some of our friends and relatives to also use and invest with bitcoin for sure from day to day more and more people are also acquiring so if just for guessing might be possible to have atleast 10M+ just for my personal guess though.
10M+ people maybe good number but it will keep increase as we know more people that know about bitcoin and it already spread to people around the world, in 2017 it will be more than 20M i think
hero member
Activity: 1302
Merit: 540
November 22, 2016, 02:59:17 AM
I think there are more than 30 million people in the world as bitcoin users,.
how confident your allegations, I'm sure you just guess it? I do not think it will be that much. for a great country I'm sure users will not exceed 300k users, and probably a whole will only reach 5-10 million users only
its really hard until now to know wahts the actual number but most of us for sure influence already some of our friends and relatives to also use and invest with bitcoin for sure from day to day more and more people are also acquiring so if just for guessing might be possible to have atleast 10M+ just for my personal guess though.
sr. member
Activity: 420
Merit: 250
November 22, 2016, 02:54:51 AM
I think there are more than 30 million people in the world as bitcoin users,.
how confident your allegations, I'm sure you just guess it? I do not think it will be that much. for a great country I'm sure users will not exceed 300k users, and probably a whole will only reach 5-10 million users only
member
Activity: 82
Merit: 10
November 22, 2016, 02:24:36 AM
In my country I think not more a million, I don't know the biggest factors maybe because in my country still banned bitcoin. I hope this happen not be permanent.
in the whole planet you wont find a million people using bitcoin and how can you compare with just your country ,judging by the way bitcoin performs a certain group of individuals holds a large pool of coins which they gathered long back and majority of the rest are big time investors and miners, my guess is less than a million people are active in bitcoin
yes is true, many people using bitcoin in the world. bitcoin has many benefits and you will get some earn from bitcoin if joining a signature campaign, trading or earn from a faucet. So I think many people using bitcoin.
full member
Activity: 207
Merit: 100
November 22, 2016, 02:04:01 AM
In my country I think not more a million, I don't know the biggest factors maybe because in my country still banned bitcoin. I hope this happen not be permanent.
in the whole planet you wont find a million people using bitcoin and how can you compare with just your country ,judging by the way bitcoin performs a certain group of individuals holds a large pool of coins which they gathered long back and majority of the rest are big time investors and miners, my guess is less than a million people are active in bitcoin
sr. member
Activity: 573
Merit: 251
November 21, 2016, 09:01:31 PM
In my country I think not more a million, I don't know the biggest factors maybe because in my country still banned bitcoin. I hope this happen not be permanent.
legendary
Activity: 1204
Merit: 1000
November 21, 2016, 07:37:20 PM
I don't have any info about the number of people using bitcoin but if we make some calculation then I think that we should include also the people who use altcoins.
Because at least they used bitcoin to buy altcoins(during the ICO or on exchanges) so they are counted also as bitcoiner.
hero member
Activity: 532
Merit: 500
November 21, 2016, 07:19:33 PM
For me, less than 1 million. I'd say that there is 450 000 Bitcoin users, so slightier less than 2 millions.
nope i think it will be more than that, even for a bitcoin users in this forum just over 600K user course bitcoin users in the world will be more than that?
I think the total users will range between 5 million users
member
Activity: 98
Merit: 10
November 21, 2016, 06:01:33 PM
Daily use? probably not even half a million. But traders and hodlers make the bulk of the market.

Yeah true, and those types of traders are probably around 5 - 10 percent of the users
legendary
Activity: 3514
Merit: 1280
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November 21, 2016, 04:55:20 PM
Obviously there is less than million people who usage bitcoin. Nectar in my country INDIA there is hardly 10000 people who usage/knows bitcoin. My prediction is based on my real life situation behave I have friend circle of around 3000 in Facebook and whatsapp and among that only 15 to 30 person knows about it and 80% of them are below 20 years so there would not be a large number of people using it.

There are over 7 billion people in this world. I do believe we're part of a +10M users base. In India there are a lot of users, not just 10.000. China uses Bitcoin a lot, the country controls the highest part of mining worldwide. A few months ago I read there have been 10 million users reached. Sounds like a lot, but for 7 billion people it's nothing.

The number of people that are using or used Bitcoin in the past is not very informative and important per se, I mean for anything other than trivial curiosity, at least. If we want to evaluate the Bitcoin adoption and whether it expands, contracts, or remains the same, we should rather look at the stats of Bitcoin transactions and their change over time. The best metric that I can come up with is the number of transactions processed daily as well as its change over months and years...

As to me, this metric allows to gauge the adoption rate most accurately


There may be a lot of duplicates and triplicates
full member
Activity: 210
Merit: 100
November 21, 2016, 04:28:15 PM
Obviously there is less than million people who usage bitcoin. Nectar in my country INDIA there is hardly 10000 people who usage/knows bitcoin. My prediction is based on my real life situation behave I have friend circle of around 3000 in Facebook and whatsapp and among that only 15 to 30 person knows about it and 80% of them are below 20 years so there would not be a large number of people using it.

There are over 7 billion people in this world. I do believe we're part of a +10M users base. In India there are a lot of users, not just 10.000. China uses Bitcoin a lot, the country controls the highest part of mining worldwide. A few months ago I read there have been 10 million users reached. Sounds like a lot, but for 7 billion people it's nothing.
legendary
Activity: 1456
Merit: 1000
legendary
Activity: 2492
Merit: 1145
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November 02, 2016, 05:42:23 AM
Obviously we cant tell how many people use bitcoin, Bitcoin is anonymously used by peoples and you can determine the millions of people used it.
If your question is how many millions of people are using bitcoin for a day , We can give a estimate answer in that question.
Maybe my answer is 2 million  people or under it per day maybe? If i based on this forum or on other forums here, on fb and on other social media sites
sr. member
Activity: 379
Merit: 250
November 02, 2016, 05:36:54 AM
For me, less than 1 million. I'd say that there is 450 000 Bitcoin users, so slightier less than 2 millions.
member
Activity: 317
Merit: 12
November 02, 2016, 02:54:00 AM
Daily use? probably not even half a million. But traders and hodlers make the bulk of the market.
full member
Activity: 210
Merit: 100
November 02, 2016, 02:10:06 AM
Obviously there is less than million people who usage bitcoin. Nectar in my country INDIA there is hardly 10000 people who usage/knows bitcoin. My prediction is based on my real life situation behave I have friend circle of around 3000 in Facebook and whatsapp and among that only 15 to 30 person knows about it and 80% of them are below 20 years so there would not be a large number of people using it.
full member
Activity: 238
Merit: 100
November 02, 2016, 02:00:28 AM
In my opinion not many people are familiar with bitcoin. In my country there many be around 1000 to 5000 will know about it and in China, us the number of user might be large still total bitcoin would be less then 2 million that is your first option. If there were some method to count the number then it would be awesome.
hero member
Activity: 1302
Merit: 540
November 02, 2016, 01:33:43 AM
I think at this point bitcoin users very much. I can not guess how many hundreds of millions or billions. but if we look at the site blockchain purses, wallets blockchain themselves have created 9 million wallet. I think because blockchain is the official website of bitcoin transactions.

That is not enough to determine how many users are really into bitcoin. Some dont use blockchain and others have many accounts in that site. In 10 users there might be 7 of them who have multiple accounts.
Thats right we really cant count it that way as many users make multiple account and most of us use either local wallet or exchange wallet just like the concept of anonymously maybe we ca leave it that way.
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