What percentage of people on Earth will own Bitcoin by 2020 - page 7.

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Quote from: uraharasan on August 30, 2017, 07:58:03 AM

Quote from: Foromany on August 30, 2017, 07:17:19 AM

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

Actually we love that to happen but we have to remain realistic, it cannot hit a big no. of adopters because our target of potential
users are lower than that. Even if the adoption is not that big but the fact that the supply is limited and will decrease, we can always see a good price.

logicgate

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Quote from: uraharasan on August 30, 2017, 07:58:03 AM

Quote from: Foromany on August 30, 2017, 07:17:19 AM

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

Indeed! 80% is a big number. Hardly 5% of the world population is aware of bitcoins at present. 20% is also a very large number of world populations. Bitcoins are increasing day by day in price and at the same pace, their users are also increasing. Still they need to go hard way to attract that much users. So I am sure after 2020 when the people of the world are economic strongly then 50% or above people are adapt it.

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Quote from: Foromany on August 30, 2017, 07:17:19 AM

Maybe 80 percent the way bitcoin is moving

before posting you should read your senior post above, if 20% human beings on earth using Bitcoin then the price is definitely above 10,000 $, 50% still too high.

Foromany

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Maybe 80 percent the way bitcoin is moving

darthmaul

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With current situation bitcoin is hardly known to all the people on earth. The number might be near to 1 percent of whole population or less. This can be known from the number of wallets and users they are having. Im just speculating the scenario but according to blockchain info there are more than 16 million wallets. If we consider thousands of user per wallet theb also it doesnt reach 1 percent of population. This data is really imaginative but we can have sense from this data that bitcoin is still not reached to everyone.

There are many factors such most of the countries are in developing stage and they lack the advance infrastructure such as internet services, information technology and even hardwares. People dont have knowledge about banking system so i believe they are unware of bitcoin thing for sure.

So coming ro your question i hardly think there will 2 to 3 percent people will get into bitcoin.

Bittoshi

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Most people on earth are struggling with feeding their families and haven't even heart of Bitcoins. Many people don't even have a PC or just a smartphone with a proper internet connection. There are scenarios where the people of a poor country could switch to Bitcoin because their own currency may have a very high inflation or there is a need to hide payment transactions from the official banks and government. But I don't see the total percentage of (mature) people on earth using Bitcoin above 2%.

helloicon

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I would say 5-10% for my answer. But following 2020, more and more people will participate in investing and using Bitcoins.

lovesybitz

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Quote from: arandy on February 16, 2016, 10:25:02 AM

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 Cool

I don't know the answer. All I can say maybe by 2020, I think we had a large of bitcoin community I guess 30% of the population in the entire world are become the bitcoin users when that time comes.

curved9inch

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by that year 2020 my guess was only 5% because the population of the world is so huge and as of now only a little percentage or partition of it maybe 1% or less than are people who knew bitcoin. Somehow it would be added up in upcoming years since bitcoin is becoming popular.

guoyu78

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Quote from: Idrisu on August 05, 2017, 02:52:52 PM

By 2020 at list 40 to 50 percent of world population should own bitcoin and even use it. Many young men and girl has access to internet and bitcion is making great Wave all over the world and people becomes knowledgeable about bitcoin and others cryptocurrency.

I believe that to be about 10%-20% of people in this world.
Well, do you know that lots of people in the world does not make use of the Internet ! So, we still have a long way to go. But, we shouldn't be predicting the future, we should wait and see what happens.

craZyLovE0916

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Quote from: dragon fire on August 05, 2017, 03:41:25 PM

I have been surveying about bitcoin during 2010 until now the Chinese population has been using bitcoin and reaching almost 15% of the population has been using bitcoin as a person-to-person for payment tool, they say "bitcoin will be the currency in modern times as it is now and bitcoin prices From year to year will increase until mining runs out "

When you say 15% of China is using Bitcoin right now, I am sorry but that is impossible. If so many people (200 million+) were using Bitcoin the price would already be $10,000.

I think a fair estimate is 5-10% of people will own Bitcoin, because still 99% of people don't know about it. IF so many people don't know about it, it will take a long time for them to learn how to use them... 2020 is only 2.5 years away so this is not a long enough time, sorry. But hopefully someday 15% of China will use Bitcoin. Wink

dragon fire

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I have been surveying about bitcoin during 2010 until now the Chinese population has been using bitcoin and reaching almost 15% of the population has been using bitcoin as a person-to-person for payment tool, they say "bitcoin will be the currency in modern times as it is now and bitcoin prices From year to year will increase until mining runs out "

Idrisu

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By 2020 at list 40 to 50 percent of world population should own bitcoin and even use it. Many young men and girl has access to internet and bitcion is making great Wave all over the world and people becomes knowledgeable about bitcoin and others cryptocurrency.

centralbanksequalsbombs

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Quote from: andrew24p on August 05, 2017, 11:27:12 AM

Quote from: Pitchblackroom on February 16, 2016, 08:24:56 PM

realistically not a lot. optimistically 5% will own some form of cryptocurrency.

I still think that 5% is a very large percentage, too high in my opinion. It would be great if that was the case, but you would still be talking about a few hundred million people. I think we have a long time until we hit that point. If were at .5-1% of people I would be very very happy.

Agree. Even though I would love to see 5%+ adoption, I think realistically will be somewhere in the 2-4% range by 2020. Currently in 2017, I would guess we are somewhere in the 0.5% range of global population.

andrew24p

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Quote from: Pitchblackroom on February 16, 2016, 08:24:56 PM

realistically not a lot. optimistically 5% will own some form of cryptocurrency.

I still think that 5% is a very large percentage, too high in my opinion. It would be great if that was the case, but you would still be talking about a few hundred million people. I think we have a long time until we hit that point. If were at .5-1% of people I would be very very happy.

appon12

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If bitcoin can not imagine the state approval in all the countries, then how many percent people will take part in the bitcoin in 2020.

AleSergio

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I think 5-10 or even less. Don`t forget that we have elderly people and a lot of people who cant handle computer. Than it also goes from financial part. About 50% of people all over the world lives on a really small salary, so they are not able to invest something and not every one is intrested in bitcoin Wink

JaRViZZ

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I think 10-20%. Bitcoin is growing rapidly, but the possibility of a good Internet still does not exist in all localities. It takes more time to solve this problem.

Gelap

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Bitcoin 2020 users I think only about 30-40%.
We also know there are some countries that do not agree with payments using bitcoins.

Ziskinberg

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Quote from: radjie on June 06, 2017, 10:22:35 PM

With the addition of bitcoin users as now so I can only predict for the next year which is the year 2020 where bitcoin users will become more known by the public then the greater the number of bitcoin users than in the current year.

What is certain is the number of adopters are increasing but we cannot really tell what the exact number of users and I don't think for a small trader like me the exact number is still necessary. The increase of users makes me alive already, I am getting more confident in holding longer because I believe the demand will increase in the future which would result to a profitable journey.

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