Topic: What percentage of people on Earth will own Bitcoin by 2020 - page 18. (Read 46544 times)
The percentage is going to be low and stay low for a long time. Even if bitcoin becomes more mainstream, there are still many poor countries where people don't have access to computers or cell phones. Also many people will not trust bitcoin enough to put money into it.
I put 2-5 % but then I realized I was thinking 2030. In three years the only way 5% realistically would be using BTC worldwide is a fiat crash of some major country. Seems likely BTC (or some crypto currency) could make 5% in a dozen years!
I vote 40-50 percent. I vote it because I believe in bitcoin growth in the next four years will be very large. I feel the progress bitcoin, is now beginning there was some bitcoin adoption in various regions. It will be very affect the development of bitcoin so would push people to use bitcoin.
well we both believe in bitcoin and all the benefits it can give but I think 4 years would be too short a time for most people even be aware and have access to bitcoin much more to own it. there are some countries that have limited online access and we all know that bitcoin is an online currency. more people would be using it after 4 years that's for sure but I don't think it would be almost half the earth's population
I think that it will be slightly greater than 2% just because of the law of increasing returns, ;p if you have 100 people each tell one person thats 100 if those people tell one more person and etc.
i think in 2020 the number of bitcoin users will be much more that 2 percent, as the popularity of bitcoin is increasing so rapidly, people are adopting bitcoin in a big scale and bitcoin is continuously facilitating people in different area and their for the confident level of the people is increasing and hope that very soon the majority of the people will be using bitcoin. I think you are over estimating how successful bitcoin will be. I don't think people will want to wait 10 minutes for their payment to reach one confirmation. This is not viable for people paying in stores. I think a new cryptocoin is necessary for global adoption by the average nontech person. I agree with you that bitcoin has a bright future.
I think that it will be slightly greater than 2% just because of the law of increasing returns, ;p if you have 100 people each tell one person thats 100 if those people tell one more person and etc.
i think in 2020 the number of bitcoin users will be much more that 2 percent, as the popularity of bitcoin is increasing so rapidly, people are adopting bitcoin in a big scale and bitcoin is continuously facilitating people in different area and their for the confident level of the people is increasing and hope that very soon the majority of the people will be using bitcoin. 
I said 2-5% and even that is a stretch imho. That's still what, 140-350million people? (Assuming 7billion people wordwide). That's way more than we have now (again, assuming. It's hard to tell how many bitcoins users there really are) so there would have to be a huge influx of people starting to use bitcoins.
If there are 300 Mn people owning bitcoin, each one on an average will have less than 0.1 bitcoin. You can imagine what that will do to the price. That will be a moon shot. I don't think that will happen as soon as 2020.
I've been running a poll for some time now about the value of 1 bitcoin by 2020 and it's safe to say a lot of different opinions and guesses are made.
This poll completes the other one and i'm really looking forward to everyone's input in this.
Tnx for your input
This poll completes the other one and i'm really looking forward to everyone's input in this.
Tnx for your input
We don't know the number of people who are using bitcoin this year so we can't estimate the correct number after 3 years in 2020.
But approximately after 3 year I expect that the number of people using bitcoin to be at least twice as it is now, this is depended from many factors and the trend of new businesses operating in bitcoin.
I said 2-5% and even that is a stretch imho. That's still what, 140-350million people? (Assuming 7billion people wordwide). That's way more than we have now (again, assuming. It's hard to tell how many bitcoins users there really are) so there would have to be a huge influx of people starting to use bitcoins.
I don't think we can reach that mark in just 4 or 3 years, 3 because this year is almost finished so there are 3 more years to 2020, because bitcoin has been around for almost 7 or 8 years now and still there are very less people using bitcoin, though we are not confirmed how many they are in number but still we can do an estimate and know that they are not really a lot, so if we can reach the mark you said then it would really be a great achievement for bitcoin.
I said 2-5% and even that is a stretch imho. That's still what, 140-350million people? (Assuming 7billion people wordwide). That's way more than we have now (again, assuming. It's hard to tell how many bitcoins users there really are) so there would have to be a huge influx of people starting to use bitcoins.
If there are 300 Mn people owning bitcoin, each one on an average will have less than 0.1 bitcoin. You can imagine what that will do to the price. That will be a moon shot. I don't think that will happen as soon as 2020.
I vote 40-50 percent. I vote it because I believe in bitcoin growth in the next four years will be very large. I feel the progress bitcoin, is now beginning there was some bitcoin adoption in various regions. It will be very affect the development of bitcoin so would push people to use bitcoin.
well we both believe in bitcoin and all the benefits it can give but I think 4 years would be too short a time for most people even be aware and have access to bitcoin much more to own it. there are some countries that have limited online access and we all know that bitcoin is an online currency. more people would be using it after 4 years that's for sure but I don't think it would be almost half the earth's population
Seeing now that many governments refuse bitcoin so would hamper future developments.
You're right, man. I've never thought about it.
I said 2-5% and even that is a stretch imho. That's still what, 140-350million people? (Assuming 7billion people wordwide). That's way more than we have now (again, assuming. It's hard to tell how many bitcoins users there really are) so there would have to be a huge influx of people starting to use bitcoins.
I think that it will be slightly greater than 2% just because of the law of increasing returns, ;p if you have 100 people each tell one person thats 100 if those people tell one more person and etc.
But you must understand there are also limitations to that especially because bitcoin can be difficult to people to accept, for example I have been unable to get a single one of my friends to open a bitcoin wallet and to use bitcoin, and I have some who are avid gamers and could have benefited by the cheaper prices on games given in the forum,
I think that it will be slightly greater than 2% just because of the law of increasing returns, ;p if you have 100 people each tell one person thats 100 if those people tell one more person and etc.
2-5 is my vote, that is reasonable. Even we are around 1 % now, in next four year bitcoin popularization can explode. That can happen with so difficult situation around the world people will try to find better solution and that is bitcoin, kids are smarter then ever before they can push bitcoin a lot in the future, I have faith in them.
The adoption is increase so probably it will increase, for me it's still 1% as we have not witness a massive adoption yet and even the price of bitcoin cannot be the basis that we are increasing in huge number. 
It is difficult to even know the amount of human population using bitcoin right now let alone in 2020, personally I don't think we are going to see a great and sudden amount of people adopting bitcoin so I think 0% to 2% is about right.
Indeed, if we want to think of adoption then the numbers will be far, far less. Simply opening a wallet and storing some faucet satoshis as a casual user already qualifies you as owning bitcoin.
But to adopt?
It is difficult to even know the amount of human population using bitcoin right now let alone in 2020, personally I don't think we are going to see a great and sudden amount of people adopting bitcoin so I think 0% to 2% is about right.
Indeed, if we want to think of adoption then the numbers will be far, far less. Simply opening a wallet and storing some faucet satoshis as a casual user already qualifies you as owning bitcoin.
But to adopt?
2-5 is my vote, that is reasonable. Even we are around 1 % now, in next four year bitcoin popularization can explode. That can happen with so difficult situation around the world people will try to find better solution and that is bitcoin, kids are smarter then ever before they can push bitcoin a lot in the future, I have faith in them.
I voted with 5-10 percent, but it could be a bit too optimistic for the year 2020.
In my own opinion since i still not experience of friends talking about bitcoin or other people here i think 10% to 15% that can own bitcoin in 2020.. since we are also increase population and bitcoin users also increasing we can not reach even 50% in the future.. but we are growing just like we are heard another news 20 stores in paris.. and i hope that every each country has stores that can accept bitcoin too..
I think this is to high taking into account that a significant amount of the world population does not have electricity thinking we can reach such high percentages in such a small period of time seems unlikely.
Have to go low at 0-2% unless a large event that forces a mass amount of people happens. I can't see it outgrowing its current growth patterns.
Jump to: