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Topic: How many people use/hold bitcoin in 2016 - page 3. (Read 15888 times)

hero member
Activity: 2590
Merit: 644
We can't determine if how many but i can say that it is just a small amount of people back in the year of 2016 because the price is just starting to go up and most of them starts to sell and only a few of them still hold bitcoin. In the case of users of bitcoin in 2016, it still a few because bitcoin is not that popular and it just starting getting attention in the end of the year.
in fact there i no such mechanism through which we can find out the the real users of bitcoin. but i think from the the increasing price of bitcoin we determine that the number of bitcoin users are increasing, which is increasing the demand of bitcoin and so the price of bitcoin is raising high and high. hope that very soon users of bitcoin will be available in all over the world.
Indeed! Bitcoin users are increasing and it affects the price a lot and we can see that the price is still rising even the price break the latest ATH. I think this kind of movement of bitcoin is a sign for us that it is best for long term and in fact, i bought some bitcoin last week and i'm still holding them because i want to sell them for a 2000 USD price so i can enjoy my profits.
hero member
Activity: 504
Merit: 500
The Popularity of Bitcoin has been raising day by day. So,the entire world's people were knowing more about Bitcoin than the previous&one person can use one IP so it's quiet to found how many people was using Bitcoin in 2016.

right! I think millions of people are now earning bitcoins. it may double because of its very high value now.

Indeed!, we got everything now, bitcoin is getting known all over the world and it is because of its great value the the users are giving.
Is there any such way to know how many users we had in the past few years?  we have very huge volume of users then.
in fact it is difficult to find the actual number of bitcoin usrs, may be they are in trillions, because the number of bitcoin users are continuously  increasing therefore we ca expect that the number of bitcoin will be increasing in thousands on daily basis, i think currently there will not be a single country where the users of bitcoin will not be available.
hero member
Activity: 798
Merit: 500
The Popularity of Bitcoin has been raising day by day. So,the entire world's people were knowing more about Bitcoin than the previous&one person can use one IP so it's quiet to found how many people was using Bitcoin in 2016.

right! I think millions of people are now earning bitcoins. it may double because of its very high value now.

Indeed!, we got everything now, bitcoin is getting known all over the world and it is because of its great value the the users are giving.
Is there any such way to know how many users we had in the past few years?  we have very huge volume of users then.
MMA
legendary
Activity: 1134
Merit: 1000
We can't determine if how many but i can say that it is just a small amount of people back in the year of 2016 because the price is just starting to go up and most of them starts to sell and only a few of them still hold bitcoin. In the case of users of bitcoin in 2016, it still a few because bitcoin is not that popular and it just starting getting attention in the end of the year.
in fact there i no such mechanism through which we can find out the the real users of bitcoin. but i think from the the increasing price of bitcoin we determine that the number of bitcoin users are increasing, which is increasing the demand of bitcoin and so the price of bitcoin is raising high and high. hope that very soon users of bitcoin will be available in all over the world.
hero member
Activity: 2590
Merit: 644
We can't determine if how many but i can say that it is just a small amount of people back in the year of 2016 because the price is just starting to go up and most of them starts to sell and only a few of them still hold bitcoin. In the case of users of bitcoin in 2016, it still a few because bitcoin is not that popular and it just starting getting attention in the end of the year.
full member
Activity: 156
Merit: 100
If I notice in many discussions and news, active user bitcoin around 50 million, china is the largest user being active bitcoin, for more than 30% of users bitcoin is china.
hero member
Activity: 1582
Merit: 523
I think its over million hold bitcoin since 2016, but its hard to calculate in actual the numbers of btc holders. As of now I know for sure, its over million using bitcoin because of price is expensive.
sr. member
Activity: 490
Merit: 250
We have great and huge volume of users in the last few years.
We can see how bitcoin users pump u, I guess it is hard to make some figure out of it. We are increasing daily, investors really come to bitcoin.
newbie
Activity: 28
Merit: 0
It's still a pretty small number in the wide scope of things
sr. member
Activity: 490
Merit: 251
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At the moment, I'm going to be guessing a lot more people hold and trade then actual going ahead and using Bitcoin as a whole. I'd say the big reason behind this is that Bitcoin is very expensive to use in a normal life experience, as it cost around $1.30 to confirm a transcation in any normal amount of time (Around 1 hr) which is pretty high coming off with normal transcations on the network aren't that high anyway.

2017 though, but this still makes sense.
According to data from economic magazine and newspapers, currently estimate the users of the bitcoin is approximately 0.00572% or about 40 million of world population.

Good amount but who knows how this data was found, could just be based on the amount of wallets in existence right now.
sr. member
Activity: 1400
Merit: 269
I think it's hard to calculate the total of users bitcoin has cause blockchain alone has roughly 12,000,000 users how much more in some wallet providers?
And many countries has started to use and legalized it, others has some knowledge about bitcoin like japan, india, Philippines, africa, US, London and many more.
member
Activity: 384
Merit: 10
According to data from economic magazine and newspapers, currently estimate the users of the bitcoin is approximately 0.00572% or about 40 million of world population.
hero member
Activity: 2716
Merit: 904
The Popularity of Bitcoin has been raising day by day. So,the entire world's people were knowing more about Bitcoin than the previous&one person can use one IP so it's quiet to found how many people was using Bitcoin in 2016.

right! I think millions of people are now earning bitcoins. it may double because of its very high value now.
sr. member
Activity: 462
Merit: 250
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Im interested to know how many people are actually now involved in the bitcoin world, Is there anyway to find out a rough idea of the user base so that we can come to a conclusion on what kind of adoption we are currently at? It seems difficult to gauge since this forum alone has several duplicate accounts from the same people.

. /r/bitcoin has 180k subs to it so would it be safe to assume if we included all miners, users holders and whoever else that we are still at under 1 million users? If this is the case then we still have a long way to go.

Does anyone have any more accurate guesses or way to determine the market?

In roughly estimation I would say it should be more than that and I think it is still counting until now. Base on research of 2016 you can check in here => http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/ there are 100 million people who are using bitcoin which this alone is the most common cryptocurrency out in the market but let alone the LTC , ETH, and other cryptocurrency added to this I would say roughly 1 billion users and counting, that just small percentage of around the world. Today's population is 7.5 billion so we still have a long way to share the cryptocurrency world, we still have a very very long way to go. there is no exact numbers on how many people are using cryptocurrency but what we know is that it is still counting until and and soon the cryptocurrency will be the future and will be known around the world.  Wink
sr. member
Activity: 742
Merit: 251
January 09, 2017, 03:18:28 PM
The Popularity of Bitcoin has been raising day by day. So,the entire world's people were knowing more about Bitcoin than the previous&one person can use one IP so it's quiet to found how many people was using Bitcoin in 2016.
hero member
Activity: 1918
Merit: 564
December 28, 2016, 03:08:50 PM
By remaining on my sentiment. I see 90% of clients here are holding their BTC including myself to get some high sum by expanding this estimation of BTC,

There is no new thing am going to state here. Everybody knows the esteem is expanding step by step

I am one of those people who are using, buying, exchanging and earning bitcoin in weekly basis.  I can see the potential of bitcoin so i save 20% of my earnings from trading, signature campaign and other earnings in bitcoin, while using and spending 80% of it.  With the amount of bitcoin I am holding, i am far from becoming millionaire but I am happy that by using it, I am contributing to the promotion and adoption of bitcoin.
sr. member
Activity: 308
Merit: 250
December 28, 2016, 02:46:19 PM
By remaining on my sentiment. I see 90% of clients here are holding their BTC including myself to get some high sum by expanding this estimation of BTC,

There is no new thing am going to state here. Everybody knows the esteem is expanding step by step
sr. member
Activity: 294
Merit: 250
December 28, 2016, 01:34:06 PM
There is many people who are holding their bitcoin more than the people who are spending and that is why the price is high because there is a constant demand on the bitcoin, and these people are greedy to be honest, and the ones that are spending are just using bitcoin as another mean of earning money on the internet nothing more.
That is everything ok and well known facts, but how to calculate the real number of bitcoin users? By the numbers of wallets or by number of profiles on this site? In both case one person can have some. So, how then?
hero member
Activity: 1036
Merit: 504
December 28, 2016, 01:25:55 PM
I have a little bit only but trying to accumulate more to get to at least 5 btc within one year, but don't know if I can make it. I want to save for my pension plan mainly. I have 5 years plan to have at least 25 bitcoin by the time I am 65 years old but not sure if it will happen.
hero member
Activity: 700
Merit: 500
December 28, 2016, 01:05:48 PM
There is many people who are holding their bitcoin more than the people who are spending and that is why the price is high because there is a constant demand on the bitcoin, and these people are greedy to be honest, and the ones that are spending are just using bitcoin as another mean of earning money on the internet nothing more.
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