What percentage of people on Earth will own Bitcoin by 2020 - page 29.

fkvidar

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Quote from: Taki on July 23, 2016, 12:16:04 PM

Nobody knows how things will be in 2020. Nobody can predict it. World's situation changes almost everyday. Who will become president of Unated States and Russia and what will be with European Union, who will join it or leave it next? Many questions. And all this politic affects on bitcoin somehow and moods of crowd.

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Yeah no one can surely tell what will be the number of users using bitcoin by that time, but we can expect higher number of users till then.

Taki

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Nobody knows how things will be in 2020. Nobody can predict it. World's situation changes almost everyday. Who will become president of Unated States and Russia and what will be with European Union, who will join it or leave it next? Many questions. And all this politic affects on bitcoin somehow and moods of crowd.

Hafitdart

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There are about 200,000 active users at the moment using the bitcoin. So if the block size increase to 8MB by then, there will be 1.6 million users.

yayayo

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It's a very difficult question, since we do not even now the number of current Bitcoin users. I think anything above 1% (> 70 million people) must be considered a huge success. Personally I did an even more optimistic prediction choosing 2-5%.

The reason for not choosing a higher percentage number is the extremely high percentage of people who are basically excluded from modern civilization. Bitcoin can only grow within modern societies with affordable and well developed internet access. That basically limits widespread adoption to the Western World (for now).

ya.ya.yo!

freedomgo

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Quote from: PokerFace3 on July 21, 2016, 04:22:25 PM

Quote from: Lucas* on July 21, 2016, 10:16:13 AM

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .

Yaa it is not possible to be above 30% in 2020 and even after the decade. People living is the developed countries and the ones that have smart device and internet can use Bitcoins. As a matter of fact half the population of the world live in poverty !!!

You are right and I think, we the early adopters of bitcoin will have more opportunity to be rich in the fortune. We just need to hold tight now and make sure we will not be easily affected when crisis happens. That is the secret to stay in the game and to achieve fortune.

PokerFace3

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Quote from: Lucas* on July 21, 2016, 10:16:13 AM

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .

Yaa it is not possible to be above 30% in 2020 and even after the decade. People living is the developed countries and the ones that have smart device and internet can use Bitcoins. As a matter of fact half the population of the world live in poverty !!!

praprata

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Quote from: ?? on ??

Something around fourteen percent sounds reasonable.

I doubt we will see more then 1 billion adopters within 10 years. Progress of bitcoin is going steady but slow.
The rate the adoption is going right now makes me even wonder we will see it in 15 years. Reaching 100M would be a great milestone.

chaosknight

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Quote from: mundang on July 21, 2016, 10:37:58 AM

This 2016 ,a lot of people were interested in bitcoin.
If we have 8% of all people using bitcoin. And increases 3% every month then by year 2020 ,half of all the people worlwide is using bitcoin on that time.

Its difficult to calculate the exact number of users by that time but one thing is sure that we will see most of the people would be in bitcoin till then.

th3nolo

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I guess maybe 5% or 7% will have bitcoin 5 years is very long time and bitcoin is getting more popular everyday

serjent05

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Quote from: Lucas* on July 21, 2016, 10:16:13 AM

it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .

I agree that around 5% - 15% of global population will own bitcoin by 2020. There are lots of country that don't have access to internet so that will be the first problem. Second is the on going bad press about bitcoin which make merchants to have second thought on adopting bitcoin . Added the illiteracy of people on using digital gadget.

mundang

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This 2016 ,a lot of people were interested in bitcoin.
If we have 8% of all people using bitcoin. And increases 3% every month then by year 2020 ,half of all the people worlwide is using bitcoin on that time.

dmarine

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Is there any site or institution that does research on that?

Lucas*

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it's impossible to reach those levels : 30-40 , 40-50 , 50-60 , 60-70 , 80-90 , 90-100 .
i think it's just will reach between 2-5 or 5-10 by 2020 .
but after 10 years ,the percentage will be 50-60 . i think that .

Ziskinberg

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Quote from: Jateng on July 21, 2016, 06:05:31 AM

Quote from: freedomgo on July 15, 2016, 10:26:36 PM

Quote from: Zadicar on July 15, 2016, 10:17:10 PM

Quote from: adibe on July 15, 2016, 12:20:39 PM

Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Yeah, it's very hard to predict, maybe around 5-10% or even more, bit If Celebrity start using bitcoins on 2020, i'm sure some people will follow their celebrity and will increase up to 20%.

Yes,its very hard to predict but I voted 10% on world population start using Bitcoin in 2020. I agree maybe it would rise to 20% if a famous celebrity would use it I guess and then it goes viral and percentage grows drastically.

I don't count on the celebrities, what I like most is when the big companies will be accepting bitcoins, with that bitcoins will be so famous because people will be using it to buy stuffs online.

That is right. When the Amazon accept the bitcoin, it will be a huge boost. That will increase the price by 10%.

It is not just 10% dude, I think more than your projection as this year alone even without so much good news about adoption the price have already increase 100% more or less and how much more if huge merchants will be adopting bitcoins also.

Shortage in supply will be felt therefore the whales will make everything to increase the price so they can make so much money.

Jateng

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Quote from: freedomgo on July 15, 2016, 10:26:36 PM

Quote from: Zadicar on July 15, 2016, 10:17:10 PM

Quote from: adibe on July 15, 2016, 12:20:39 PM

Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Yeah, it's very hard to predict, maybe around 5-10% or even more, bit If Celebrity start using bitcoins on 2020, i'm sure some people will follow their celebrity and will increase up to 20%.

Yes,its very hard to predict but I voted 10% on world population start using Bitcoin in 2020. I agree maybe it would rise to 20% if a famous celebrity would use it I guess and then it goes viral and percentage grows drastically.

I don't count on the celebrities, what I like most is when the big companies will be accepting bitcoins, with that bitcoins will be so famous because people will be using it to buy stuffs online.

That is right. When the Amazon accept the bitcoin, it will be a huge boost. That will increase the price by 10%.

freedomgo

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Quote from: Zadicar on July 15, 2016, 10:17:10 PM

Quote from: adibe on July 15, 2016, 12:20:39 PM

Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Yeah, it's very hard to predict, maybe around 5-10% or even more, bit If Celebrity start using bitcoins on 2020, i'm sure some people will follow their celebrity and will increase up to 20%.

Yes,its very hard to predict but I voted 10% on world population start using Bitcoin in 2020. I agree maybe it would rise to 20% if a famous celebrity would use it I guess and then it goes viral and percentage grows drastically.

I don't count on the celebrities, what I like most is when the big companies will be accepting bitcoins, with that bitcoins will be so famous because people will be using it to buy stuffs online.

Zadicar

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Quote from: adibe on July 15, 2016, 12:20:39 PM

Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Yeah, it's very hard to predict, maybe around 5-10% or even more, bit If Celebrity start using bitcoins on 2020, i'm sure some people will follow their celebrity and will increase up to 20%.

Yes,its very hard to predict but I voted 10% on world population start using Bitcoin in 2020. I agree maybe it would rise to 20% if a famous celebrity would use it I guess and then it goes viral and percentage grows drastically.

serjent05

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The percentage of people on Earth that will own Bitcoin by 2020 is quite hard to predict. But considering the development, probably it willl at least reach 20% of global population. Reason is that, tri media is now being used not only for bad press but for broadcasting good deeds done with bitcoin. And Internet range will be much broader and much more accessible than years ago.

adibe

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Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Yeah, it's very hard to predict, maybe around 5-10% or even more, bit If Celebrity start using bitcoins on 2020, i'm sure some people will follow their celebrity and will increase up to 20%.

Jmild1

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Quote from: zimmah on July 08, 2016, 12:33:55 AM

It's very hard to predict, but it's probably less than 10%.

But adaption is tricky because things can go viral and suddenly spread really fast. So it might amaze us.

Since we only have 2 million of bitcoin users around the worldwide it is more believable that we can have below 10% of total population on the world. 2 million is not even 1% of total population.

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