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Topic: How many percent of internet users and overall people use bitcoin ? - page 2. (Read 3913 times)

full member
Activity: 235
Merit: 100
hero member
Activity: 602
Merit: 500
I thought it was something like 0.02% have adopted Bitcoin which of course isn't a lot for the price is it at.
legendary
Activity: 3374
Merit: 1824
10-20%? bitcoin is skyrocket now so in a year there will be more people knowing it .

Woah, 10% of all internet users? That's insane man, I don't think more than 2% of internet users use bitcoin, and that's still a very large guess. You have to remember the internet is huuuge.

10 % is really to much.
2 % also.
I guess even 0.2 or 0.1 % is also to much.
None of my Internet friends use actively bitcoin and just a few even heard about it  and I really have a lot friends online.
Any way, you have to look atr it from different perspective.
if someone is not interesting in mining or investing in Bitcoin, what is his/her benefit of using bitcoin?
Where they can spend it?
Bitcoin is still at very early stage very fare from becoming mainstream.

legendary
Activity: 997
Merit: 1002
Gamdom.com
I'd imagine it to be a very small amount, like 0.1 / 0.001 % maybe but that's a complete guestimate.

Would be interesting to know the average amount of wallets each bitcoiner has, personally had at least ten different blockchain wallets, not that I'm a scammer  Grin
sr. member
Activity: 266
Merit: 250
10-20%? bitcoin is skyrocket now so in a year there will be more people knowing it .

Woah, 10% of all internet users? That's insane man, I don't think more than 2% of internet users use bitcoin, and that's still a very large guess. You have to remember the internet is huuuge.
sr. member
Activity: 1188
Merit: 251
What is the answer to this question now?

Does anyone know anywhere that actually keeps up with this information?
full member
Activity: 155
Merit: 100
not pretty much i think they need to do more advertise or some big news
hero member
Activity: 841
Merit: 1000
I'm busy on a research with this question. Just have some patience on the outcome.

edit: https://bitcointalksearch.org/topic/bitcoin-research-project-brainstorm-session-262323

Was going to get the community involved in this. Although by the lack of input decided to do it at mainly at my own but with some help.
sr. member
Activity: 341
Merit: 250
that made me lol hard.  I think lots of people have "heard" of bitcoin, most ppl i talk to have.  I've yet to meet someone irl who uses bitcoins, other than ppl i've talking into holding a few.  I'd say its very small still, but growing rapidly. 
newbie
Activity: 42
Merit: 0
Does anyone know a reputable source with this data ?
If not - make your random guesses here.



full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
Plus it has first mover advantage.
sr. member
Activity: 342
Merit: 250

And don't forget that most people involved in Bitcoin are either miners or investors hoping to get rich, which is why most threads on this forum are about how to make/earn more of them or what the price is/should be.

No-one has ever been able show actual stats for 'real' transactions involving BTC, but my guess is that when gambling or silk road is excluded then the number is very tiny indeed.

The real problem is that it's not clear that for many people that Bitcoin actually offers any real advantages for transactions, other than limited examples of international P2P transfers. BTC transactions aren't free (miners fees and costs of buying/selling Bitcoins), aren't anonymous and all parties take substantial risk of price deviation if any element involves any currency other than BTC.


I think bitcoin's #1 advantage is the fact that it's not owned by any corporation or bank. That in itself makes bitcoin more desirable.
sr. member
Activity: 298
Merit: 250

And don't forget that most people involved in Bitcoin are either miners or investors hoping to get rich, which is why most threads on this forum are about how to make/earn more of them or what the price is/should be.

No-one has ever been able show actual stats for 'real' transactions involving BTC, but my guess is that when gambling or silk road is excluded then the number is very tiny indeed.

The real problem is that it's not clear that for many people that Bitcoin actually offers any real advantages for transactions, other than limited examples of international P2P transfers. BTC transactions aren't free (miners fees and costs of buying/selling Bitcoins), aren't anonymous and all parties take substantial risk of price deviation if any element involves any currency other than BTC.
legendary
Activity: 1652
Merit: 1128
Around 0.000071% - but that's a generous estimate.. in fact less than 185k people (not much more than the number of registered users on the bitcointalk forum - currently 151k) hold as much as 1BTC. The total number of keys holding 1BTC or more is currently ~223k however around 35k of those keys are the satoshi wealth (unmoved 50BTC coinbases). There's a report on my site; http://www.klmist.com/keysreport.html that updates daily showing the number of keys holding various amounts. I think it's fair to say that almost everyone who uses bitcoin is registered on bitcointalk.

A lot of those registered accounts are bots or sockpuppets/scammers, the true number of accounts is probably like 10% of that, and that's being generous. Each scammer probably has at least a dozen accounts.
hero member
Activity: 798
Merit: 1000
Who's there?
I think it's fair to say that almost everyone who uses bitcoin is registered on bitcointalk.
How about China?
sr. member
Activity: 240
Merit: 250
0.2% (less in my opinion) = 140$/btc
5% =  Cool
20% =  Shocked
50% =  Shocked Shocked Shocked
legendary
Activity: 1652
Merit: 1016
10-20%? bitcoin is skyrocket now so in a year there will be more people knowing it .

10-20%, don't be silly. Most people I know haven't even heard of it.

full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
1% of the world would be about 70-million people.  With only 21 million bitcoin that comes out to about 1/3 of bitcoin each person on average.  So it is possible you could be quite well off if you hold even a small number of bitcoin.

The big road block right now is barrier to entry.  When anybody can use bitcoin as easily as using the Internet or a credit card (or nearly as easily) without fear or specialized knowledge, adoption can really move forward at an even faster pace than now (which is still very fast)
sr. member
Activity: 392
Merit: 250
0.00001%, even 1% is enough for Bitcoin to hit $1000. If you compare to the world, Bitcoin is really small Smiley
newbie
Activity: 35
Merit: 0
Around 0.000071% - but that's a generous estimate.. in fact less than 185k people (not much more than the number of registered users on the bitcointalk forum - currently 151k) hold as much as 1BTC. The total number of keys holding 1BTC or more is currently ~223k however around 35k of those keys are the satoshi wealth (unmoved 50BTC coinbases). There's a report on my site; http://www.klmist.com/keysreport.html that updates daily showing the number of keys holding various amounts. I think it's fair to say that almost everyone who uses bitcoin is registered on bitcointalk.
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