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Question: What percentage of people on Earth will own Bitcoin by 2020
0-2
2-5
5-10
10-20
20-30
30-40
40-50
50-60
60-70
70-80
80-90
90-100

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Author Topic: What percentage of people on Earth will own Bitcoin by 2020  (Read 44422 times)
arandy
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February 16, 2016, 03:25:02 PM
 #1

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
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February 16, 2016, 03:28:14 PM
 #2

All those are probably impossible to happen (at least not for 2020) :
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40-50
 50-60
 60-70
 70-80
 80-90
 90-100

I personally don't think it's possible to decide now , we should at least see what's going to happen after the halving block reward and how successful OpenBazaar would be .

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February 16, 2016, 03:29:15 PM
 #3

I can't really see it going above the 0-2 in the next 4 years but I could be wrong, think it will be a few more years before we reach enough people to be hitting 2% of the entire world's population which currently stands at just above 7.4 billion http://www.worldometers.info/world-population/


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February 16, 2016, 03:32:58 PM
 #4

I voted for 20 to 30% although it seems a lot of improvement on to the percentage people own at the moment. I believe by then it will be somehow well known and adopted among mid generation (at least) therefor safe to estimate the outcome by at least some where within the range of 1/4 although it varies from each country and how they are in terms of technology and stuff.

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February 16, 2016, 03:48:02 PM
 #5

I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..


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February 16, 2016, 03:51:20 PM
 #6

I have voted for 5-10% which i think will be better prediction. Looking at the current trend and different market starting to accept bitcoin making bitcoin more popular day by day.

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February 16, 2016, 03:54:12 PM
 #7

I voted 20-30 and I'm glad that most of the people here voted same way. Indeed in 5 years from now it will be too early for all people in the world having some Bitcoins, but I'm sure that 100 years from now all of them will have some.

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February 16, 2016, 04:00:01 PM
 #8

Does anyone at least have a clue of how many people own bitcoin now? We know that the number of users is rising constantly and quite consistently. If we can get an idea of how many people own bitcoins now, we can use data provided by blockchain.info (and maybe other sources) to try and guess a number.

Like, for example, if you take a look at this graph you'll see that the number of transactions per day is consistently increasing. There are about 200,000 transactions a day, as of now. A way to extrapolate this data would give us about 400,000 in 2020, that's twice as much. By using the same extrapolating method on other graphs (such as the one for the number of unique addresses and others consistent data) I get a number somewhere between 2 times and 3 times as high as now. I'd bet around there for the number of bitcoin holders in 2020 then : between 2 times and 3 times as high as now. That's just a bet though, and it's based on the assumption that since this data has raised in a somewhat consistent fashion until now, it is likely to keep on that way. That's only an assumption, nothing too rigorously scientific. A lot of stuff can happen by 2020. Bitcoin could be dead by then (I don't think it's any likely but it's a possibility). Or on the opposite: inflation could have gotten so much out of control in the EU and the States that everyone would be using bitcoin (not much more likely, but still, a possibility).

Now does anyone have a clue about how many people are using bitcoin now?
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February 16, 2016, 04:26:06 PM
 #9

Well its difficult to say because you do not what will happen with the bitcoin but I think it will rise to a high amount and it will get more popular.
Its already getting more popular by day, I think 43% will own a bit of bitcoin in 2020.
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February 16, 2016, 04:30:20 PM
 #10

Those who voted 20-30% are being wildly optimistic, I think.  There would have to be major reasons for owning bitcoin, e.g., currency collapse or some such, and I do hope that doesn't happen.  Also it's going to have to be accepted at far more outlets than it is and it's going to have to become easier to understand and/or use.

I voted 2-5%.

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February 16, 2016, 04:39:10 PM
 #11

2-5 for conservative speculation 5-10 for very optimistic speculation, other % is pure dreaming

people forget that 5-10 alone is 700M.... we are still at 3M
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February 16, 2016, 05:13:44 PM
 #12

we can't calculate or make own prediction about percentage of people on earth will own bitcoin. IMO, now bitcoin is still under manipulated by some people, i mean some people hold many bitcoin it's bad for bitcoin.
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February 16, 2016, 05:47:06 PM
 #13

if we manage to see the global adoption around the world increases to 10% of the total world population, then we can see that as a great achievement. right now there are over 7 billion human beings in the world. 10% of that would mean that there will be over 700 million people using/owning bitcoin. that's quite an insane adoption number, isn't it? everything above 20% will most likely never happen as bitcoin is and will most likely always be just an alternative to fiat.
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February 16, 2016, 06:05:26 PM
 #14

i can't answer becauce i don't know how much of people on earth have bitcoin but the number is growing day by day so maybe it will be the double or like that

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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February 16, 2016, 06:13:50 PM
 #15

I have absolutely know idea, so I voted pretty conservative for 0-2.
We are still in a early stage of development and adoption rate.
I would be happy with something around 20million to 50 million users if possible.

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February 16, 2016, 06:30:21 PM
 #16

I think this is fairly impossible to know. Its just guessing at this point.

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February 16, 2016, 06:42:15 PM
 #17

I voted for 0-2%. Bitcoin will not reach the masses in the way that everyone has a Bitcoin wallet on the phone in order to make payments.
Bitcoin will reach the masses without the people being aware of using Bitcoin, for instance through everyday services based on the blockchain.
For that reason, only the services providers needs to handle Bitcoin and this holds the Bitcoin usage percentage low.

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February 16, 2016, 11:23:22 PM
 #18

2-5 for conservative speculation 5-10 for very optimistic speculation, other % is pure dreaming

people forget that 5-10 alone is 700M.... we are still at 3M
Earth's population there are billions of people. to 1% it means that about 10-20 million people. and maybe for now. bitcoin users can not be said to have the 1%. still very few users of bitcoin


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February 16, 2016, 11:41:23 PM
 #19

Too many people still don't know about cryptos.  Also there are many in the world that don't even have access to a computer or smart phone.  It's going to take a long time to develop.

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February 17, 2016, 01:24:56 AM
 #20

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

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