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Topic: How many people use/hold bitcoin in 2016 - page 6. (Read 15888 times)

legendary
Activity: 1372
Merit: 1001
November 15, 2016, 02:45:29 PM
#84
I do believe current number of Bitcoin users will be in millions at present. There are so many usage of Bitcoin and lot of people don't have access to this forum but still know about from external sources and found it useful. Let's say 1/3 of the blockchain.info wallet holders are real users then too that number is above 2 million.
hero member
Activity: 784
Merit: 1000
November 15, 2016, 02:39:59 PM
#83
I don't know about other people how many they actually are in figures who are using or holding Bitcoin in 2016. I will talk about me only as I am holding 6 Bitcoins and still whenever see possibility buy slowly slowly in cents. I hope I will b eable to collect couple of more before it reaches all time high in coming months.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
November 15, 2016, 02:06:25 PM
#82
I'm not sure if exact numbers for Bitcoin users actualy exist. I beleive and hope that this number is increasing with each year and how Bitcoin becomes more accepted and popular. Also, the offer for jobs paid in Bitcoin is also increasing so that can contribute to larger number Bitcoin users too.
But in the future if the price increase a lot Bitcoin may become unavailable to larger population so that is potentialy leading to some elite status.
hero member
Activity: 868
Merit: 1000
November 15, 2016, 01:45:26 PM
#81
Actually due to price  stability on 2016 since its halving most of holder might have not sold their bitcoin and might be waiting for price hike. There might be buy and sell during the first half nectar initially price was around $350 and suddenly it rose to $600 so almost 2 fold increase in price of bitcoin. Do 1st half ad second half of 2016 have different view on bitcoin holding graph. Let hope for the best for 2017 and upcoming years
It's true that this may lead to actually less people holding BTC because more people will be holding and aslo the price will increase but as long as there are people willing to buy BTC will be on the right track.The bigger concern for me is not how much people hold BTC but how many are informed with BTC and the real possibilites it holds and not what they have really exactly heard
full member
Activity: 238
Merit: 100
November 15, 2016, 12:49:31 PM
#80
Actually due to price  stability on 2016 since its halving most of holder might have not sold their bitcoin and might be waiting for price hike. There might be buy and sell during the first half nectar initially price was around $350 and suddenly it rose to $600 so almost 2 fold increase in price of bitcoin. Do 1st half ad second half of 2016 have different view on bitcoin holding graph. Let hope for the best for 2017 and upcoming years
sr. member
Activity: 280
Merit: 250
November 15, 2016, 12:40:12 PM
#79
I guess almost 50% bitcoin user use bitcoin to gain out of trading. As the year was normal for bitcoin because there was no such high and low in bitcoin price. So most of the user might have kept their bitcoin in hold and baby be trying to sell in coming days
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hero member
Activity: 700
Merit: 500
November 15, 2016, 07:21:11 AM
#78
It will be a painful procedure if one tries to find out the exact number of active user of Bitcoin. Since there are many different wallets and services all the data is decentralized. Off course even many people holds more than 2 or 3 wallets because of many reasons this also makes it difficult. I will give estimation of 2-3 millions directly or indirectly are involved in Bitcoin.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
November 15, 2016, 07:09:16 AM
#77
I don't think it's possible to know, there are millions of wallets and not everyone is using only one, but I can tell you it's a lot more than the previous years. Cheesy around 300.000 people would be my guess and it's rising everyday.
copper member
Activity: 1330
Merit: 899
🖤😏
November 15, 2016, 06:58:00 AM
#76
No one can actually tell you how many people are using bitcoin in any amounts, bitcoin still needs more advertising and to spread awareness more than now.
It is sad to see most of the people in our daily interactions with them know nothing about crypto world what so ever.
I think 10 years from now at least 500M will know and will for sure use bitcoin and crypto in general.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 15, 2016, 06:52:03 AM
#75
We can't measure the number of people who will hold bitcoin in 2016 because we can see that the price of bitcoin is much higher than before so it is very tempting for them to sell their bitcoins rather than hold it and can't assure the stability of the price. And on the number of people who will use bitcoin in this year, I think it is already exceeds 5 million because bitcoin is on the internet and it means that it is very easy for bitcoin to spread its name.
sr. member
Activity: 334
Merit: 250
November 15, 2016, 06:25:06 AM
#74
I dont think its possible, to get exact figure of people around the world using or holding btc....because of its globally used and popularity...but what i know for sure is that lots of people are in use of it and hold of it....
hero member
Activity: 994
Merit: 544
November 15, 2016, 05:44:25 AM
#73
I can't give some exact number of the people using or holding bitcoins in 2016. But i think Bitcoin is already growing up fast especially after the last increasing of its price recently

Same here! I can't give the exact number of users of bitcoins nor the people holding it. If i will guess, i think it also reach millions. the continuous growing of bitcoins attracts even those minor to use, collect and buy bitcoins. the rising numbers of users was increasingly daily not only in my country but also in many countries that recognising bitcoins as a money.
hero member
Activity: 826
Merit: 502
November 15, 2016, 05:11:23 AM
#72
In my area, I think it's less than 100. That means that dumb social media trends are still more popular than bitcoins. When you ask someone about a video that went viral on facebook, he/she knows most of the details about it. Ask them about bitcoins and they don't know anything about it. That's a sign that the population of bitcoin users is still really really low. I think we're around 1 million today, that's just a fraction of the total active internet users.
hero member
Activity: 742
Merit: 500
November 14, 2016, 05:08:37 PM
#71
I can't give some exact number of the people using or holding bitcoins in 2016. But i think Bitcoin is already growing up fast especially after the last increasing of its price recently
legendary
Activity: 1946
Merit: 1007
November 14, 2016, 04:49:25 PM
#70
Exact numbers are any bodies guess the number is rising for sure..

If my grandfather, parents and part of my friend groups starts buying bitcoin and the rest starts asking what's going on, it is a clear sign for me that adoption is growing.
sr. member
Activity: 259
Merit: 250
November 14, 2016, 04:26:30 PM
#69
I currently hold 4.5 bitcoins that I have acquired from previous years and I plan on holding. I am confident that bitcoin will grow in the long term.
member
Activity: 89
Merit: 10
November 14, 2016, 04:23:14 PM
#68
Reeally really many i dont know exatcly number but it is really huge number perfectfor bitcoin world to not be too small soit is quite big but not huge but i want more huge and i am waiting for more bitcoin growing Cheesy
legendary
Activity: 2282
Merit: 1023
November 14, 2016, 04:19:18 PM
#67
I guess we need to define the term "use/hold" bitcoin. Having 1bit = using/holding, or we need at least 1mBTC or even 1BTC? I would say at this moment, any serious bitcoiner should have at least 1BTC. There are only about 0.5 million addresses with balance>1 BTC. Of course there are people who store their coins in small amounts in different addresses... My guess is that there are about 0.5 to 1 million "serious" bitcoiners around the world.

Blockchain and coinbase user numbers are just to measure the interest. I personally have more than 1 (actually many) blockchain accounts just because I just use and throwaway so that I don't have to write down the seed/password/account number etc. My long term storage is my paper wallets.
hero member
Activity: 532
Merit: 500
November 14, 2016, 03:50:43 PM
#66
i think it is not so easy to estimate that how many people uses bitcoin in 2016 but i will like to add that 2016 is one of the most successful year of bitcoin as more and more people enter in the world of bitcoin in 2016 and still joining it.
legendary
Activity: 1218
Merit: 1000
November 14, 2016, 01:52:11 PM
#65
perhaps the use or hold bitcoin in 2016 is 40% of the world community. Well, it's been so many people who know bitcoin but I do not know whether they use it or not. but according to my calculations, many of those who do not use it, so in my opinion, only 40% of the world community that use or store its bitcoin
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