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Topic: What percentage of people on Earth will own Bitcoin by 2020 - page 24. (Read 46544 times)

sr. member
Activity: 378
Merit: 250
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realistically not a lot. optimistically 5% will own some form of cryptocurrency.
5% is not even realistic, that is too big when you are getting that percentage from the total population in the world. We are just a small community since we are not regulated yet and we have limited functions as a currency that we are only good in online.
sr. member
Activity: 462
Merit: 250
to me not more than one percent people will be using bitcoin in 2020. as still most of the countries have no idea about bitcoin and it will take a lot of time to become more popular may be take decades,
hero member
Activity: 1456
Merit: 624
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I think for me below 2 btc are more people are own bitcoins since the price will increase more in the future so halving 1 or 2 btc is more easy than halving 10 btc or more..  1 btc for me is hard to earn..
hero member
Activity: 672
Merit: 500
I think nowadays may be just 10% of the global population use and own Bitcoins. I hope by 2020 we can see 15% at least using and owning this currency
legendary
Activity: 2058
Merit: 1030
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According to answer by some members here i saw that its more vote in 22% of users of bitcoin in earth are using bitcoin..
I think 10% of the population of the earth are using bitcoin.
hero member
Activity: 742
Merit: 500
I think actually less than 20% of people on earth own or use Bitcoin. I hope that by 2020 we reach 20% of the global population using and owning Bitcoin.
full member
Activity: 1339
Merit: 157
Probably still very small, even 5% is unlikely.. it's only a bit more than 3 years away..

We are talking about the population of Earth and there are I guess 7.4 billion people already living today and on 2020 I guess it is not even going to reach 5% because 5% of 7.4 billion would probably closely to 370 million people. I think 3 years is not enough to reach that number of users of bitcoin on that year. I think still that would be close to 1%.
That's an aggressive prediction and i would say we are not that big, we are less than 1% of the world total population so if we are predicting for the total users for the year 2010 maybe at least 1% is a conservative projection.

Even in 2030, the users number will not reach 1% of the world population. There are fewer than 200,000 now.
legendary
Activity: 3108
Merit: 1290
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Probably still very small, even 5% is unlikely.. it's only a bit more than 3 years away..

We are talking about the population of Earth and there are I guess 7.4 billion people already living today and on 2020 I guess it is not even going to reach 5% because 5% of 7.4 billion would probably closely to 370 million people. I think 3 years is not enough to reach that number of users of bitcoin on that year. I think still that would be close to 1%.
That's an aggressive prediction and i would say we are not that big, we are less than 1% of the world total population so if we are predicting for the total users for the year 2010 maybe at least 1% is a conservative projection.
hero member
Activity: 3024
Merit: 745
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Probably still very small, even 5% is unlikely.. it's only a bit more than 3 years away..

We are talking about the population of Earth and there are I guess 7.4 billion people already living today and on 2020 I guess it is not even going to reach 5% because 5% of 7.4 billion would probably closely to 370 million people. I think 3 years is not enough to reach that number of users of bitcoin on that year. I think still that would be close to 1%.
sr. member
Activity: 375
Merit: 250
Since the amount of Bitcoins is limited I don't think that the percentage could enlarge dramaticaly even if there was interest. But at the moment, if you look globaly, there is only small number of world's population are Bitcoin users. To my opinion the demand for Bitcoin will rise among existing users so the price could go up dramaticaly in the future.

The amount of the bitcoin number is not relevant. Anybody can own 0.001 bitcoin if he wants in the future.
legendary
Activity: 2912
Merit: 1068
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Since the amount of Bitcoins is limited I don't think that the percentage could enlarge dramaticaly even if there was interest. But at the moment, if you look globaly, there is only small number of world's population are Bitcoin users. To my opinion the demand for Bitcoin will rise among existing users so the price could go up dramaticaly in the future.
newbie
Activity: 10
Merit: 0
Probably still very small, even 5% is unlikely.. it's only a bit more than 3 years away..
sr. member
Activity: 406
Merit: 250
Now at the moment only few people know about this coin. Let's assume 1% of total population people. And it's increasing very slowly, only increases .5% more in 2020 hardly.

Not to mention that not all that start using bitcoin are going to continue and not to mention also that some of those who start using bitcoin are investing in it...So by 2020 I think we will not see much difference in user...Except if it is already easy to use bitcoin locally without using exchanges...  Smiley
yeah, most probably i dont think there will be a big increase in bitcoin users, but i think the price will still grow

Actually it's depend on the bitcoin's user. If the bitcoin's user want motivate other people to use bitcoin, many people will own bitcoin by 2020. If not, only few peoples that know about bitcoins.
full member
Activity: 223
Merit: 250
Now at the moment only few people know about this coin. Let's assume 1% of total population people. And it's increasing very slowly, only increases .5% more in 2020 hardly.

Not to mention that not all that start using bitcoin are going to continue and not to mention also that some of those who start using bitcoin are investing in it...So by 2020 I think we will not see much difference in user...Except if it is already easy to use bitcoin locally without using exchanges...  Smiley
yeah, most probably i dont think there will be a big increase in bitcoin users, but i think the price will still grow
sr. member
Activity: 288
Merit: 250
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Anybody want to do the math with me?

There are 10.5 million bitcoin addresses in existence and 5.7 million with balances equal to $1 or greater, according to this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html.

Let's be generous and assume that of the 5.7m addresses that a different person owns each address. We know that's not true so this will be a very generous estimate.

5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!

So the scale of this poll isn't very realistic, but it's still fun to talk about.

Let's lower our population to just those that have access to the internet, because without the internet you can't really get your hands on any coin. (You even need the internet to buy one of Mike Caldwell's Casascius coins!)

There are 3.2 billion people with access to the internet.  http://www.lmgtfy.com/?q=How+many+people+have+access+to+the+internet%3F

5.7m people with a bitcoin address out of 3.2b people ups our digital currency savvy share of the population to ~0.0017%!

Crazy small percentages. But that's ok. It means there's a lot of upside! We all just need to keep spreading the word.

Thanks for this simple math, not simple either but this is much more realistic than the other statistics that are coming out.

So the total of the users of bitcoin as of today are not even reaching 1% of the world's population, I'm not surprised either.

But if we are going to think about it since 2009, good thing that there are already 0.0017% of world's population in total who uses bitcoin.

That is really fast if we are going to think and technology is been very fast when it comes to adoption and innovation so for sure in 2020 this percentage is going to increase.
What is more important there is we are increase in numbers on a yearly basis, as long as we see a good price, for sure more people will be interested to adopt and us bitcoin, I don't care if we are just less that 1% of the total population in the world as long as we are increasing in numbers.

The bitcoin is getting popular day after day or year after year. This can be proved by the daily transaction volumes.
thats true, bitcoin is getting increasingly popular with time and i think it can make us really rich
hero member
Activity: 756
Merit: 500
5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!
Wrong math, remove two zeroes: 0.07%. And already blockchain is slow because of the large transaction volume.
100 times more users can almost be magic for Bitcoin's value.

Around 10% maybe now are using it most users have more adresses so this ight be good number

Do you mean 10% of the world population using the bitcoin now? I do not think so. there will be fewer than 1 million people using the bitcoin.

Maybe the users of bitcoin community does not possess 10% of world population but this is for sure that they are more than 1 million by now, because we can see that the users database of bitcoin is increasing drastically and if you see the users of this forum they are around 800k or above so not all the users of bitcoin are using this forum, they can be more than 1 million if accumulated.
member
Activity: 342
Merit: 10
5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!
Wrong math, remove two zeroes: 0.07%. And already blockchain is slow because of the large transaction volume.
100 times more users can almost be magic for Bitcoin's value.

Around 10% maybe now are using it most users have more adresses so this ight be good number

Do you mean 10% of the world population using the bitcoin now? I do not think so. there will be fewer than 1 million people using the bitcoin.
legendary
Activity: 1022
Merit: 1000
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5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!
Wrong math, remove two zeroes: 0.07%. And already blockchain is slow because of the large transaction volume.
100 times more users can almost be magic for Bitcoin's value.

Around 10% maybe now are using it most users have more adresses so this ight be good number
hero member
Activity: 3010
Merit: 666
5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!
Wrong math, remove two zeroes: 0.07%. And already blockchain is slow because of the large transaction volume.
100 times more users can almost be magic for Bitcoin's value.
So that is below 1%, we are that small therefore we should be realistic from now on and do the right projection to affect our investment, the growing number of adopters is the bright side of bitcoin that it might be big in the future.
hero member
Activity: 574
Merit: 500
5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin!
Wrong math, remove two zeroes: 0.07%. And already blockchain is slow because of the large transaction volume.
100 times more users can almost be magic for Bitcoin's value.
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