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Question: What percentage of people on Earth will own Bitcoin by 2020
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Author Topic: What percentage of people on Earth will own Bitcoin by 2020  (Read 45806 times)
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July 08, 2016, 10:33:28 AM
 #301

2020 is just very close from now so I think there would be no major change in terms of the number of users, I don't know because I cannot really tell but since we are increasing overtime we will surely have a good number but should not be unrealistic like reaching 30% or more.
It's possible for bitcoin to gain 30% or more in 2020 because it's still far and we are just in 2016 and there still 4 years for bitcoin to gain more popularity and you should for your calculation that bitcoin is a digital thing and it can only found on internet so it will be easy for us to spread bitcoin to different social media site like facebook which have a lot users and i think majority of the users of facebook will use bitcoin if they just understand the benefits of using it Cheesy. 4 years is still a lot of time Wink.

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July 08, 2016, 11:03:39 AM
 #302

It is really hard to say but i would say 15% at maximum,and this number is still really big.
You cannot expect that people that are poor may have some bitcoins,they will probably never know about it.

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July 08, 2016, 11:17:54 AM
 #303

I'm thinking it could hit more than 10%, because the prices are going up again and I would not be surprised if it hits $1000 again.
This will convince some critics to invest more into it and it would probably attract even more merchants, willing to accept Bitcoin.


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July 08, 2016, 11:19:11 AM
 #304

I think it would reach 40% at least; i live in Botswana; its a country in southern region of Africa; a woman has made endeavors to make Bitcoin known by Botswana citizens. She was quite successful and i have noticed that most people aren't surprised to hear about it. They have even set up a Bitcoin ATM within the capital city; its only one but it's a start.
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July 08, 2016, 12:57:25 PM
 #305

I'm thinking it could hit more than 10%, because the prices are going up again and I would not be surprised if it hits $1000 again.
This will convince some critics to invest more into it and it would probably attract even more merchants, willing to accept Bitcoin.

Who owns bitcoin is totally depends upon what people think about it . how much success bitcoin will get and how soon markets start accepting bitcoin as a alternative payment methods and also how government are going to react about high usage of bitcoin so it  is not possible to predict how many people will join bitcoin till 2020...

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July 08, 2016, 02:23:16 PM
 #306

Old people will leave and new people will come..This circulation will keep on going and by 2020 I strongly believe the number will increase as compared to today but we cannot predict by how much it will increase. To be fair, the number can also decrease if bitcoin crashes by that time. It fully depends on bitcoin how it can attract new users.
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July 08, 2016, 02:25:30 PM
 #307

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..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.
That is possible but with low possibility as that is too optimistic which becomes unrealistic already considering that is is just 4 years from not, we are still in the early phase and we have a lot to improve to get the percentage.
I also have the same perspective. I believe the bitcoin is still in it's early phase. There are a lot of things to be done to develop the global use. In the world where poverty is dominant more than half of the population can satisfy their stomach, it is less likely that bitcoins can be widely used. the poor people won't have access to smart phones and internet.
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July 09, 2016, 08:37:52 AM
 #308

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..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.
That is possible but with low possibility as that is too optimistic which becomes unrealistic already considering that is is just 4 years from not, we are still in the early phase and we have a lot to improve to get the percentage.
I also have the same perspective. I believe the bitcoin is still in it's early phase. There are a lot of things to be done to develop the global use. In the world where poverty is dominant more than half of the population can satisfy their stomach, it is less likely that bitcoins can be widely used. the poor people won't have access to smart phones and internet.

You are right, therefore as early adopters we should take this opportunity to use bitcoins and even consider it as our investment, true that all people cannot use bitcoins due to its supply but we can make the majority adopt and that would bring the price to the moon.

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July 09, 2016, 01:42:48 PM
 #309

Old people will leave and new people will come..This circulation will keep on going and by 2020 I strongly believe the number will increase as compared to today but we cannot predict by how much it will increase. To be fair, the number can also decrease if bitcoin crashes by that time. It fully depends on bitcoin how it can attract new users.
Yeah thats true and if old people will be gone,we may see really big amount of people on whole world using bitcoin,
but i think that won't cross about 10%,remember there are a shitton of poor people who dont even own mobile phone

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July 09, 2016, 02:12:04 PM
 #310

I think 1 to 2% of the people will own bitcoin by 2020. But may be 5 % of the will use the bitcoin actively.

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July 14, 2016, 07:14:27 AM
 #311

I think 1 to 2% of the people will own bitcoin by 2020. But may be 5 % of the will use the bitcoin actively.

That could be right. The infrastructure of using the bitcoin needs to be built around the globe before it can be used widely.

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July 14, 2016, 10:52:05 PM
 #312

i think at least 80 per cent of people will be using bitcoins by 2020 because it will surely be much more popular then
I think you are super optimistic about bitcoin and such events may not happen easily even in 2025 or 2030.



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July 15, 2016, 04:31:53 AM
 #313

i think at least 80 per cent of people will be using bitcoins by 2020 because it will surely be much more popular then
I think you are super optimistic about bitcoin and such events may not happen easily even in 2025 or 2030.
Of course it requires a lot of time before we can see a massive adoption with bitcoins, government can easily make any laws the prevent the usage of bitcoins if they feel treated that their currency will be overpower by bitcoins so it is still very risky for the people to use and trust their hard earned money with bitcoins.



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July 15, 2016, 04:11:53 PM
 #314

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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July 15, 2016, 05:20:39 PM
 #315

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%.
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July 15, 2016, 05:36:44 PM
 #316

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.

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July 16, 2016, 03:17:10 AM
 #317

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.

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July 16, 2016, 03:26:36 AM
 #318

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.



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July 21, 2016, 11:05:31 AM
 #319

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%.

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July 21, 2016, 12:25:58 PM
 #320

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.

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