CryptoCurrency User Base

[RoboRob]

I know crypto is rather widely used these days, infact almost every i know knows what bitcoin is.

But ive been wondering, just how big is the Crypto Userbase anyone care to take a guess, or spin out some logic feel free.

Im just curious how many people are actually registered on some form of crypto service worldwide

[OmegaStarScream]

Alternative coins users should be much less then Bitcoin logically and last time I've seen a video speaks about the number of Bitcoin users it says it's about 250k (not sure how that is calculated since a lot of people have shitload of adresses and wallets in same time)

[RoboRob]

Alternative coins users should be much less then Bitcoin logically and last time I've seen a video speaks about the number of Bitcoin users it says it's about 250k (not sure how that is calculated since a lot of people have shitload of adresses and wallets in same time)

Hmmm 250K is that it??

Not quite as dramatic as i was hoping.... 7 billion people on the plannet and only 250,000 "bitcoin" users

[Herbert2020]

Alternative coins users should be much less then Bitcoin logically and last time I've seen a video speaks about the number of Bitcoin users it says it's about 250k (not sure how that is calculated since a lot of people have shitload of adresses and wallets in same time)

Hmmm 250K is that it??

Not quite as dramatic as i was hoping.... 7 billion people on the plannet and only 250,000 "bitcoin" users

it is way more than that for sure, 250,000 users in bitcoin is so few. i think only blockchain.info number of wallets was something around 2 million if i am not mistaken.

[LiteCoinGuy]

Alternative coins users should be much less then Bitcoin logically and last time I've seen a video speaks about the number of Bitcoin users it says it's about 250k (not sure how that is calculated since a lot of people have shitload of adresses and wallets in same time)

Hmmm 250K is that it??

Not quite as dramatic as i was hoping.... 7 billion people on the plannet and only 250,000 "bitcoin" users

pretty sure it is more than 250k because you can just count the users of all exchanges and so on. you will end up with alot more people than 250k!

it should be 3-10 million people worldwide i guess.

[Derrike]

I'm gonna tell you about India,
Here is a betting site which have a chatroom and when I posted in the chatroom on prime time that "who knows about Bitcoin"
Then there was only one person who replied yes I know about it.
This is hilarious........ man. 

[LiteCoinGuy]

I'm gonna tell you about India,
Here is a betting site which have a chatroom and when I posted in the chatroom on prime time that "who knows about Bitcoin"
Then there was only one person who replied yes I know about it.
This is hilarious........ man.  

for me it sounds phantastic  

[The Sceptical Chymist]

I'd be very interested to know what the data is on this question.  I would think the user base is greater than 250K, though--that seems very, very low. 

[MF Doom]

Would depend what you mean by "user."

If you talk about ALL the people who have bought or own crypto, then probably millions.  If you mean those who actually use it on a day to day basis, its probably a lot smaller, my guess is under 500k.

# of wallets doesn't mean much as a statistic to me, I know some wallets give you a new address every so often, and I use multiple different sites.  So one person could have 10-100+ wallet addresses.

[oblivi]

Would depend what you mean by "user."

If you talk about ALL the people who have bought or own crypto, then probably millions.  If you mean those who actually use it on a day to day basis, its probably a lot smaller, my guess is under 500k.

# of wallets doesn't mean much as a statistic to me, I know some wallets give you a new address every so often, and I use multiple different sites.  So one person could have 10-100+ wallet addresses.

The percentage of people involved in altcoins is probably embedded inside the percentage of people involved in Bitcoin. What I mean basically is, if you are into altcoins you are by definition into Bitcoin. So by knowing the total amount of Bitcoin users you may be near the total usage of crypto. At the end of the day like 90% of alts hold no value beyond making BTC out of them.

[spazzdla]

I know crypto is rather widely used these days, infact almost every i know knows what bitcoin is.

But ive been wondering, just how big is the Crypto Userbase anyone care to take a guess, or spin out some logic feel free.

Im just curious how many people are actually registered on some form of crypto service worldwide

Most people still have no idea what it is they have only heard of it...

The only reason people you know, know about it is because you talk about it. (This is the reason people I know, know about it).

Most people I know still think there is some Bitcoin CEO and you need to register an account to use it..

[Mickeyb]

Nobody can tell how many users are out there, we can just make rough estimates.
So my estimate is 1-2 millions. This is extremely low number when you compare it to how many people are on this planet.

So we can only imagine what will happen if this crypto thing really takes off and gets widely used by masses!

[foxbitcoin]

Even with a few sources it seems very hard to come close to a definitive amount of CryptoCurrency users. I'm guessing not many. I would say over 500K , but probably not over 1M.

[RoboRob]

Thanks for your replys and input its much appreciated

Good day to you all

[Andy4.4]

I think it will probably be not more than 1 million.

[Kprawn]

Let's play with numbers and report it here...

Bitcointalk.org - 526104 Members {Could probably be 50% of that, due to sock puppets, and people who have left/inactive}
Reddit - People registered on /r/Bitcoin = 171,219 readers {This could just be a duplication of the users on Bitcointalk}

These people are possibly passionate about Bitcoin and talk about it on public forums. So about 50% of that = 350 000 x 3 for the people who owns Bitcoin and use it, but do not participate in public forums,

{friends & family} and you get to 750 000 people. This is a VERY rough estimate, but I will guess about 1 Million people use some sort of Crypto currency.   

[roadbits]

Alternative coins users should be much less then Bitcoin logically and last time I've seen a video speaks about the number of Bitcoin users it says it's about 250k (not sure how that is calculated since a lot of people have shitload of adresses and wallets in same time)

Hmmm 250K is that it??

Not quite as dramatic as i was hoping.... 7 billion people on the plannet and only 250,000 "bitcoin" users

It's still early in the game  if you ask someone on the street what "Bitcoin" is, they look at you as if your speaking a foreign language.

[futureofbitcoin]

the number of people who KNOWS about it could number hundreds of millions, even.

The number of people who have either bought, received from friends or faucets or whatever may number in the high 7 digits or even low 8 digits.

The number of people who still believe in bitcoin and own at least 1 satoshi probably number in the very low 7 digits.


But the number of people who actually use it either for trade or buying things or whatever, is probably quite low. Maybe 100-250k

source: Numbers pulled out of my ass. But I think it's probably as good as any.

[ebliever]

I had the impression there are a couple million Coinbase accounts in existence. Even allowing for the potential for many bitcoiners to have multiple accounts, that's just one company. Of course, you have to break down who is a passionate bitcoin user, people who've had a minor reason to use it but are not regular users, and those who merely dabbled a bit out of curiousity, or former users who've been burned.

Still, I'm guessing the user base of the first two populations is over a million now, maybe a bit more. It would be very interesting to get a handle on numbers for all four of the groups per the breakdown I give above.

[Snorek]

I know crypto is rather widely used these days, infact almost every i know knows what bitcoin is.

But ive been wondering, just how big is the Crypto Userbase anyone care to take a guess, or spin out some logic feel free.

Im just curious how many people are actually registered on some form of crypto service worldwide

That is the common misconception about crytousers. I don't think you need to be 'registered' anywhere to be a bitcoin or altcoins user.
That is the problem with estimate number of bitcoin users, there is no one main service which is required to use bitcoin, you just need a wallet.