What percentage of people on Earth will own Bitcoin by 2020 - page 25.

Jasad

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Quote from: STT on September 15, 2016, 04:37:31 PM

Good math but just saying access to the internet is probably not realistic either. That would include people who use it for email only. Theres alot of people who arent buying anything on the net and are just not that rich.

I think if you find the figure for people who earn more then 200 dollars a week and take a percentage of that as your target audience for those who might require bitcoin as a useful medium of exchange for global products they are buying. Bitcoin can be used locally but I think most often like email itself the exchange is most useful over great distances

yepp that is the problem to make bitcoin as common thing ,
having an access to internet doesn't mean people do business online (make a transaction) ,
but we can encourage to make their business online and then introduce bitcoin as payment processor ,
bitcoin are still complicated to a common people , make the development growing so slow.

Sandroxa

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Not sure but I believe that it is going to be a low percentage because not everyone in the world makes use of Bitcoin.
They need to attract more people if they want to become something bigger in the future.

Ryananda

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Perhaps in 2020 the percentage of people using bitcoin range between 50-60. It's a good increase in bitcoin and will continue to grow. Because right now I think that using bitcoin is no 30% of the world population.

STT

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Good math but just saying access to the internet is probably not realistic either. That would include people who use it for email only. Theres alot of people who arent buying anything on the net and are just not that rich.

I think if you find the figure for people who earn more then 200 dollars a week and take a percentage of that as your target audience for those who might require bitcoin as a useful medium of exchange for global products they are buying. Bitcoin can be used locally but I think most often like email itself the exchange is most useful over great distances

xIIImaL

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Quote from: ekoice on September 15, 2016, 11:37:19 AM

I voted for 30-40%. Bitcoin is becoming familiar to more people day by day. A time would come when no one could stay away from the mainstream of Bitcoins.Bitcoins should be made familiar to people through social websites.

I think bitcoin is being used in 2020 for sure by huge volume of people. I wish to vote 70-80 percent of people will know about that and they will use. As you said we need to spread the bitcoin is social networks like Facebook, Twitter and whatsapp.

ekoice

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I voted for 30-40%. Bitcoin is becoming familiar to more people day by day. A time would come when no one could stay away from the mainstream of Bitcoins.Bitcoins should be made familiar to people through social websites.

shield132

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I think that percentage will be 2-5 and I am sure that there won't be many percent of people and I'll say why I think this opinion. Well, if you look there are many poor countries, for example india. They already cotain 18% of people of Earth, it's very poor country where people only think about to eat something to live, I can say the same about Africa where life is very bad. We all know that this isn't complete list and there are much, very much poor country and while people from this countrys are only trying to find food to live and don't die and they don't know it technologies and etc, they won get interested to know about bitcoin and even use it.

If you disagree my opinion, than I am ready to hear your answer about my post.

AdolfinWolf

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Quote from: Hafitdart on September 13, 2016, 12:59:07 PM

Quote from: goldcoinminer on September 12, 2016, 11:31:06 PM

Quote from: jossiel on September 12, 2016, 09:01:52 PM

Quote from: HabBear on September 12, 2016, 08:49:43 PM

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.

^^True, but it will never get bigger as the dollar$ or any foreign currency, Simple because it is hard to get, personally i don't see that the bitcoin will be used by an extreme amount of people in the future.

Hafitdart

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Quote from: goldcoinminer on September 12, 2016, 11:31:06 PM

Quote from: jossiel on September 12, 2016, 09:01:52 PM

Quote from: HabBear on September 12, 2016, 08:49:43 PM

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.

goldcoinminer

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Quote from: jossiel on September 12, 2016, 09:01:52 PM

Quote from: HabBear on September 12, 2016, 08:49:43 PM

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.

jossiel

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Quote from: HabBear on September 12, 2016, 08:49:43 PM

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.

rizkyhiw

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Quote from: boyptc on September 12, 2016, 08:25:27 PM

Quote from: chichidori on September 04, 2016, 12:51:58 PM

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

Well for sure steam is going to make a lot of bitcoin users and they are already promoting bitcoins with their platform. And if these gamers are going to see that using bitcoin is much more convenient to use rather than other payment method for sure it is going to help the population of users to add in using bitcoin. I believe that maybe 2%-5% of people in the world are going to know bitcoin by 2020.

it's sounds like a pessimistic argument with low expected percentage.
let's say then in 2020 or 5 years ahead bitcoin active users will reached 10% .
it means there must be a 700 million to 800 million active user out of 7.4 billion total number of humans in the world.
sounds like impossible? no at all , i am pretty sure it will reached soon.
just keep spreading the love , spirit and power of bitcoin!

HabBear

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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.

Mr. Big

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Quote from: irfan_pak10 on September 12, 2016, 08:20:33 PM

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...

boyptc

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Quote from: chichidori on September 04, 2016, 12:51:58 PM

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

Well for sure steam is going to make a lot of bitcoin users and they are already promoting bitcoins with their platform. And if these gamers are going to see that using bitcoin is much more convenient to use rather than other payment method for sure it is going to help the population of users to add in using bitcoin. I believe that maybe 2%-5% of people in the world are going to know bitcoin by 2020.

irfan_pak10

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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.

richardsNY

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Quote from: Nadicona on September 12, 2016, 01:12:07 PM

Quote from: chichidori on September 04, 2016, 12:51:58 PM

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

I think so. It will take some time for the people to accept the bitcoin and use it on a daily basis. More people will own bitcoin.

In order to use Bitcoin on a daily basis, people must be able to buy their daily needs with Bitcoin in their local stores. As long as that doesn't happen, then the need for people to adopt Bitcoin as currency will be very low. Then people will keep seeing Bitcoin solely as an investment tool.

reb0rn21

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The graps for vote is a bit unrealistic
Even if onlu 1-2% ppl own bitcoin, price would be 20 000$ for one

I to believe there might be ~1% by 2020 and price can be 5000+ easy, even more, for that I am not sure, but 5000$ and ~1% is easy doable

Nadicona

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Quote from: chichidori on September 04, 2016, 12:51:58 PM

I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

I think so. It will take some time for the people to accept the bitcoin and use it on a daily basis. More people will own bitcoin.

chichidori

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I know i have voted before but the bitcoin users are increasing even kids now a days are talking about it, thanks to steam it open up a new opportunity and bring up awareness to youth about bitcoin. well mostly gamers.

Topic: What percentage of people on Earth will own Bitcoin by 2020 - page 25. (Read 46544 times)