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EURO_STACKA (OP)
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November 13, 2015, 09:12:59 AM
Last edit: August 22, 2016, 09:45:03 PM by EURO_STACKA
 #1

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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RustyNomad
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November 13, 2015, 11:12:20 AM
 #2

Doubt whether you will be able to get close to the actual number of bitcoin users as it is difficult to determine as you have no idea which addresses belong to which individual. You can end up with say 100 transactions which made use of say 80 different addresses but you will still have no idea how many actual users were involved in those transactions.

There are some stats in regards to the number of transactions available on this site https://bitinfocharts.com/comparison/transactions-btc.html but there is no site, that I know off, that give a breakdown like what you are looking for.
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November 13, 2015, 11:15:28 AM
 #3

Yeah I don't think you will be able to find this information out, one person could have multiple wallets and addresses, transactions as RustyNomad mentions would be something you can track but actual individual users I think would be near to impossible to gather together.
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November 13, 2015, 11:17:20 AM
 #4

This is also another one from blockchain itself which shows number of unique bitcoin addresses used per day, although it's not the exact stats that your after but it might be in the same range to the actual one : https://blockchain.info/charts/n-unique-addresses?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=  you can change the time frame from the options located below the chart

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HI-TEC99
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November 13, 2015, 11:24:31 AM
 #5

Juniper Research estimates there were 1.3 million active bitcoin users last year, and there will be 4.7 million by 2019. However they want $5000 to read their report, so I can't say how they arrived at their estimated figures. I don't believe it's possible to calculate the number of active bitcoin users, but it's possible to guess/estimate the figure.

http://www.juniperresearch.com/researchstore/commerce-money/cryptocurrency/bitcoin-altcoin-impact-opportunities
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November 13, 2015, 11:37:20 AM
 #6

I see and hear statistics all over the map. My question is how many active users are there currently? I am more interested in the amount of people who have bought or sold bitcoin in the last 3 months. Does anyone know where to find accurate stats?

I think,it more than 1 milion user,includ a corporation..
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November 13, 2015, 11:44:27 AM
 #7

it was said 3M as average, but this number was higher for sure when the price was higher also, now it's probably less because of the low price

i remember that doge brought many newbies to bitcoin, for sure there can't be less than 1M
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November 13, 2015, 11:57:54 AM
 #8

in comparison, Paypal has over 100 mil active users and a tinny payment processing company has at least 1 M-2 M active users (without media advertising, lobby and millions invested)

BTC was flooded with a lot of money and...nothing despite the fact that BTC has a lot of media on its side.
Of course, this media is paid by "someone". Smiley

1 mil active users in 5 years it shows that BTC is not so "big" as it is presented.
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November 13, 2015, 11:59:53 AM
 #9

I see and hear statistics all over the map. My question is how many active users are there currently? I am more interested in the amount of people who have bought or sold bitcoin in the last 3 months. Does anyone know where to find accurate stats?

is this a troll?
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November 13, 2015, 12:08:36 PM
 #10

I see and hear statistics all over the map. My question is how many active users are there currently? I am more interested in the amount of people who have bought or sold bitcoin in the last 3 months. Does anyone know where to find accurate stats?
No way to know it accurately. Everyone can have thousands of adjust and use them everyday so most stats are quite misleading. It is possible to find the trade volume, theres a thirty day stat at : https://bitcoinwisdom.com/.

Exchanges are unlikely to tell you how many people traded BTC anytime. People also do real life trades.

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November 13, 2015, 12:23:41 PM
 #11

I am pretty sure there are over 1 million bitcoin users currently.
But I have no official data just general guess.
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November 13, 2015, 12:49:15 PM
 #12

I have bought and sold bitcoins this month, but did not really pay for anything with Bitcoin. I feel most people are really Bitcoin investors, not Bitcoin users.

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November 13, 2015, 12:53:16 PM
 #13

This will be always hard to answer so all of the analysts and predictions should be taken by a huge precaution.

I would say that there is anywhere between 1M - 2M users. I don't think there is more than this number and I sure as hell hope that is not less. Once again, this is very hard to know for sure!
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November 13, 2015, 12:57:00 PM
 #14

This will be always hard to answer so all of the analysts and predictions should be taken by a huge precaution.

I would say that there is anywhere between 1M - 2M users. I don't think there is more than this number and I sure as hell hope that is not less. Once again, this is very hard to know for sure!
Was thinking the same amount. Maybe more.
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November 13, 2015, 01:22:50 PM
 #15

I see and hear statistics all over the map. My question is how many active users are there currently? I am more interested in the amount of people who have bought or sold bitcoin in the last 3 months. Does anyone know where to find accurate stats?

I think you will never know the exact number of user of bitcoin, but you can always rely on surveys but not the exact number because bitcoin user tend to be anonymous and do not control by our government so they can't make a statistics about the number and who is active and not in the bitcoin world.
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November 13, 2015, 01:27:27 PM
 #16

exchanges are the closest to finding an answer to your question. but they don't share that kind of information with the outside world. other than that there isn't a good method to find it out.
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November 13, 2015, 01:28:48 PM
 #17

There is problem when it comes to estimate number of users of bitcoin. We don't have measure to properly count concurrent users of Bitcoin.
Our only sure method is to look into blockchain and the nature of that database is ambiguous. I can tell you for sure that there is no more than 5 million of BTC users right now.
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November 13, 2015, 01:42:58 PM
 #18

It should be possible using taint analysis or something to link certain addresses to the users if they use more than 1 account?

Anyway, it will always be difficult to determine to the lack of centralized services.
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November 13, 2015, 01:49:47 PM
 #19

its difficult to count,bitcoin is not decentralize,maybe with any statistic in every country,it will be possible.. in my country may be 200k users i think
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November 13, 2015, 01:53:50 PM
 #20

People try to know this exchange accounts and the rotation of money in the blockchain, but that's not going anywhere.
It's also a problem because we'll never know if the user base is increasing or decreasing unless there's a major occurrence.

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November 13, 2015, 03:43:07 PM
 #21

Let's look at some site statistics and make our own conclusions :

~ 175,561 readers on /r/Bitcoin
~  632725 Members on this forum.

Back in March, Wences Casares, the CEO of Xapo, a bitcoin wallet and storage startup, said that the miracle of bitcoin occurred in the six-year run up from zero to the current

10 million bitcoin holders. {How close this is from the trust, nobody will know}  Roll Eyes

We have come a long way, in 6 years.  Grin ... With everything thrown at us. {Silkroad / Mt. Gox etc. etc.}

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November 14, 2015, 06:04:37 AM
 #22

I think it is hard to find exact no. of users but we can predict from bitcoin transaction volume and total bitcoin wallet opened all over the online wallet.  This also seems to be not achievable although i atleast know china has larger no. of bitcoin users as of now.

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November 14, 2015, 06:20:01 AM
 #23

There is really no way to find the correct answer to your question. The amount of transactions doesn't tell us much because the same people could be making transactions over and over. And the amount of addresses doesn't tell us anything as people can have multiple addresses. The only thing I can say is that more people are using Bitcoin, you can see this by the fact that more places are accepting Bitcoin.
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November 14, 2015, 06:47:03 AM
 #24

Let's look at some site statistics and make our own conclusions :

~ 175,561 readers on /r/Bitcoin
~  632725 Members on this forum.

Back in March, Wences Casares, the CEO of Xapo, a bitcoin wallet and storage startup, said that the miracle of bitcoin occurred in the six-year run up from zero to the current

10 million bitcoin holders. {How close this is from the trust, nobody will know}  Roll Eyes

We have come a long way, in 6 years.  Grin ... With everything thrown at us. {Silkroad / Mt. Gox etc. etc.}

Yes I can't agree more with you. We also need to keep in mind that this what we are doing here has never ever been done before. To make a transparent, trustless money /commodity call it as you want, from scratch and this 1 token today has a worth of over $300! All of this is quite exceptional we all must agree and the best thing is that we have just started!
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November 14, 2015, 09:04:39 AM
 #25

Do you mean the 10 million bitcoin address? If there are 10 million bitcoin users, the bitcoin will be more than $10k now. I reckon there are fewer than 1 million bitcoin holders. The most of the coin are owned by very few people. These people have multiple bitcoin addresses so give us feeling of many users.
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November 14, 2015, 09:23:32 AM
 #26

Let's look at some site statistics and make our own conclusions :

~ 175,561 readers on /r/Bitcoin
~  632725 Members on this forum.

Those stats might be a bit inaccurate (especially for the forum) considering that there are quite a few alt accounts - and a lot of the accounts on this site are dead or were never used. Personally, I think 10 million might be rather optimistic - my personal guess was more around 2 million or less given the amount of interest has died down back the much of the core userbase.
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November 14, 2015, 09:33:24 AM
 #27

Do you mean the 10 million bitcoin address? If there are 10 million bitcoin users, the bitcoin will be more than $10k now. I reckon there are fewer than 1 million bitcoin holders. The most of the coin are owned by very few people. These people have multiple bitcoin addresses so give us feeling of many users.

Of course they are just Bitcoin addresses. I don't even think we have 1000K actual people holding Bitcoin at the moment. And when are you considered to be holding Bitcoin?? Is that when you have at least 1 satoshi?
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November 14, 2015, 10:20:22 AM
 #28

According to all of the above answers, I think you've to do your own survey to find the accurate stats.
You have to wandering from site to site Wink

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November 17, 2015, 01:47:39 AM
 #29

i doubt about how many active users.
but as long as previously I was very difficult to find sig campaign, I think a lot of active user here
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November 20, 2015, 07:25:21 AM
 #30

i doubt about how many active users.
but as long as previously I was very difficult to find sig campaign, I think a lot of active user here

The reason for not easy to find signature campaign is that many campaign closed down. They cannot afford it when bitcoin price rises. I do see a lot of active users in many threads and the number of posts has risen over the last 6 months. The bitcoin.com also has a user forum now.
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December 02, 2015, 11:39:23 AM
 #31

I see and hear statistics all over the map. My question is how many active users are there currently? I am more interested in the amount of people who have bought or sold bitcoin in the last 3 months. Does anyone know where to find accurate stats?
on last post,someaone already compare bitcoin and forex,its touch 4 milion people maybe,and forex have 2 milion,but i dont form where its stats,i hope its true and from trust source.

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December 02, 2015, 12:39:25 PM
 #32

its difficult to count,bitcoin is not decentralize,maybe with any statistic in every country,it will be possible.. in my country may be 200k users i think

Yah so true i count it but its hard  ,, hehe but you cn count it
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