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Topic: Number of Bitcoin users. - page 2. (Read 13162 times)

hero member
Activity: 752
Merit: 500
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April 17, 2017, 11:37:02 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .

Really? I guess not, it is impossible to see the exact volume of users of bitcoin in the way you are suggesting. There are a lot of bitcoin wallet out there and some uses off line wallet which is not I guess counted on what you are suggesting.

And for sure an individual can make a multiple bitcoin wallet account so how can you get precise number there? Its almost an impossible query to sort out as we are highly unlike to get the accurate results.

Yes its impossible to predict the exact number of users using bitcoins as most of the users have multiple wallets to store their bitcoins so in that case it will be very hard to find the exact percentage of users involved in bitcoins.
sr. member
Activity: 938
Merit: 256
April 17, 2017, 03:08:43 AM
perhaps until now there is no certainty that explains how many active users and the number of bitcoin holdings scattered in various countries
hero member
Activity: 798
Merit: 500
April 17, 2017, 02:59:49 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .

Really? I guess not, it is impossible to see the exact volume of users of bitcoin in the way you are suggesting. There are a lot of bitcoin wallet out there and some uses off line wallet which is not I guess counted on what you are suggesting.

And for sure an individual can make a multiple bitcoin wallet account so how can you get precise number there? Its almost an impossible query to sort out as we are highly unlike to get the accurate results.
hero member
Activity: 868
Merit: 504
April 17, 2017, 02:33:35 AM
You cannot really get the precise number of bitcoin users.
Like how can you start on to count? Where will you start on? It is so impossible on, it is decentralized money, it cannot manage like what we have in fiat. I guess only those developers can really say that.
Yes, It's completely impossible task. Is there any gadget to calculate the accurate Bitcoin user or it's near? No, I have no idea about regarding the issue. How many people use/hold bitcoin right now or the last year, some calculation just come to different idea, not use any method.
hero member
Activity: 2590
Merit: 644
April 17, 2017, 02:27:06 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .

Really? I guess not, it is impossible to see the exact volume of users of bitcoin in the way you are suggesting. There are a lot of bitcoin wallet out there and some uses off line wallet which is not I guess counted on what you are suggesting.
I agree with you there is a lot of things to consider before looking for the exact number of bitcoin users because it needs a lot of time and effort in order to know the exact number because we will need a lot on information from the different kind of wallets online and to those hardware wallets sellers and a lot more, so it is impossible to know the exact number and we don't need to look for the exact numbers of bitcoin users because we already know that it is increasing every day.
legendary
Activity: 1190
Merit: 1024
April 17, 2017, 02:21:58 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .

Really? I guess not, it is impossible to see the exact volume of users of bitcoin in the way you are suggesting. There are a lot of bitcoin wallet out there and some uses off line wallet which is not I guess counted on what you are suggesting.
sr. member
Activity: 646
Merit: 252
April 17, 2017, 01:47:33 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .
That'll never happen.  Online wallets aren't Bitcoin wallets in the conventional sense, they're someone else's Bitcoin wallet.
Yes true, honestly right now I've been using more than 5 online wallet, if the calculated data of course will feature 5 user whereas only 1 person, I think the best way is of the user data that comes from the provider the provider wallet, surely more accurate.
sr. member
Activity: 490
Merit: 250
April 17, 2017, 01:22:20 AM
You cannot really get the precise number of bitcoin users.
Like how can you start on to count? Where will you start on? It is so impossible on, it is decentralized money, it cannot manage like what we have in fiat. I guess only those developers can really say that. But then, developers remain silent to this thing, and for sure they going to just keep this secret, so that no one can manipulate it. I guess knowing the volume of users can make some studies and manipulate the flow of the money and coins.
hero member
Activity: 642
Merit: 500
April 17, 2017, 01:11:37 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .
That is not a good concept to find the actual number and we cannot find actual number through this method. we know a single bitcoin user has a multiple wallet at the same time and through this we can't find the actual number. even i have 4 different wallets at different places so, according to me it is very difficult to find the actual number of its users and i think we can only assume the amount by different surveys and analysing the different sources of earning.
hero member
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April 17, 2017, 01:00:44 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .
That'll never happen.  Online wallets aren't Bitcoin wallets in the conventional sense, they're someone else's Bitcoin wallet.
legendary
Activity: 3248
Merit: 1070
April 17, 2017, 12:48:58 AM
the impossibility to know how many users there are go together, with the enhanced privacy that bitcoin give over fiat, this prove the pseudo anonimity already

i remember that not long time ago the numbers was estimated around 3 million, based on lost coin and other factors related to exchange and identification, right now i believe it's much higher due to india, japan joining in heavily
member
Activity: 231
Merit: 10
April 17, 2017, 12:25:37 AM
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?

It is possible to get the precise number of bitcoin users if ever all the users are using a bitcoin wallet services that are collecting some personal information from a certain user for verification purposes such as IDs or bank account or whatsoever but this case wouldn't be in favor of the users .
legendary
Activity: 2814
Merit: 1112
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April 16, 2017, 11:54:40 PM
I guess we will not be able to get the exact number of how many users Bitcoin, even if we count from the address that is generated but still does not describe the truth, because one user can use many addresses, but we can know that Bitcoin users increasingly.
sr. member
Activity: 1400
Merit: 269
April 16, 2017, 10:29:16 PM
#99
There's just no way to actually calculate the number of users in bitcoin
Because of it's anonymous feature but you could take some surveys to Bitcoin wallet provider on how many users they've got.
But even you've confirmed for example that they have 5 million users
Those users could be just bots and others made multiple accounts.
hero member
Activity: 714
Merit: 500
April 16, 2017, 10:26:18 PM
#98
I am assuming that there are more actual users now compared to a year ago, making it even harder to find out what the total number of bitcoin users there is right now. Wallets can be easily created which makes it all the more difficult to come up with even a rough estimate. But right now, I am more concerned with the market cap and the transaction fees than the actual number of users.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
April 16, 2017, 09:58:18 PM
#97
Its totally uncountable.Just like you were counting grains of sand around the world.Even the number of people who is living now in the world we cant even give an exact number into it.We cannot count numbers of bitcoins users in all aspects like transactions count everyday,bitcoin wallets online,and accounts here in bitcointalk because all users may use multiple account and transaction
The number of users of bitcoin is uncountable, because we don't have a specific data to enroll each and every user. It is possible to calculate only through the number of wallets generated. Here too it's not possible to have a exact calculation, because users will be having number of wallets based on requirement.
sr. member
Activity: 413
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April 16, 2017, 09:45:41 PM
#96
Its totally uncountable.Just like you were counting grains of sand around the world.Even the number of people who is living now in the world we cant even give an exact number into it.We cannot count numbers of bitcoins users in all aspects like transactions count everyday,bitcoin wallets online,and accounts here in bitcointalk because all users may use multiple account and transaction
hero member
Activity: 798
Merit: 505
April 16, 2017, 09:21:24 PM
#95
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?
It will be very hard to trace the actual number of bitcoin users, even there is a record history in the blockchain everyday with different wallet adrresess. And beside, perhaps it doesn't necessary if how many the actual total but most significant is the price value of bitcoin is continously in progress nowadays.

Yup, its not speculated correct by anyone as now. If you try to calculate the number users its possible. Many of the people are using multiple alt accounts in the forum. Therefore, we are unable to read correct number in that. I hope you just focus only on price rise only.
you need not worry about it, price will be the sky rocket value in end of this year for sure.
All possible basis in counting how many bitcoin users are there in the world cannot help us to count and will be still impossible to count and give exact or even estimated numbers of bitcoins users.this is like counting our own hair.
sr. member
Activity: 378
Merit: 250
April 16, 2017, 06:53:33 PM
#94
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?
It will be very hard to trace the actual number of bitcoin users, even there is a record history in the blockchain everyday with different wallet adrresess. And beside, perhaps it doesn't necessary if how many the actual total but most significant is the price value of bitcoin is continously in progress nowadays.

Yup, its not speculated correct by anyone as now. If you try to calculate the number users its possible. Many of the people are using multiple alt accounts in the forum. Therefore, we are unable to read correct number in that. I hope you just focus only on price rise only.
you need not worry about it, price will be the sky rocket value in end of this year for sure.
to me i think it is not possible to find out the actual number of bitcoin users, i think we even cannot speculate about the users of bitcoin, in fact there is not such mechanism through which we can find out the actual number of bitcoin users. therefore i think it is just a useless effort to find out the actual number of bitcoin users.
yes that is very right that it is not possible to find out the actual number of bitcoin, actually there is no way out through which we can find out the actual number of bitcoin users.
sr. member
Activity: 264
Merit: 250
April 16, 2017, 05:47:00 PM
#93
Recently, a comprehensive cyrpto currency study was conducted by the university of cambridge.Although,it has revealed various aspects of bitcoin such as total number of wallets used,number of unique users of crypto currency wallets,but finally they have said that it is impossible to know precisely how many people use crypto currency.What do you think? Can we atleast get an approximate number of  total Bitcoin users world wide?
It will be very hard to trace the actual number of bitcoin users, even there is a record history in the blockchain everyday with different wallet adrresess. And beside, perhaps it doesn't necessary if how many the actual total but most significant is the price value of bitcoin is continously in progress nowadays.
but to me i think it is impossible to find out the actual number of bitcoin users. as we do not have any kind of information or mechanism through which we can find out the actual number of bitcoin users.
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